Elg
3.4M views
1,726 Discussing
Hot
Latest
See original
WILL THE ALTCOIN BULL SEASON START IN 2025? EXPERTS' OPINIONS
#TrumpTariffs #elg #escoin #xrp
Eyes in the cryptocurrency market are focused on when the altcoin bull season will begin, alongside the increasing market dominance of Bitcoin (BTC). Jupiter Zheng from HashKey Capital predicts that a significant altcoin season may commence after Bitcoin dominance reaches the 60-65% levels. Currently, Bitcoin's market dominance is around 61%.
However, some indicators suggest that the altcoin season has not yet started. CoinMarketCap's Altcoin Season Index is at 29 as of February 21, 2025; this indicates that altcoins have been performing worse compared to Bitcoin.
Analyst Benjamin Cowen states that for the altcoin season to begin, the Ethereum/Bitcoin (ETH/BTC) pair needs to rise. The current stagnation in the ETH/BTC pair indicates that altcoins have not yet gained strength.
As a result, factors such as Bitcoin dominance reaching its peak and the strengthening of the ETH/BTC pair are expected for the altcoin bull season to start. It is important for investors to closely monitor market indicators.
#TrumpTariffs #elg #escoin #xrp
Eyes in the cryptocurrency market are focused on when the altcoin bull season will begin, alongside the increasing market dominance of Bitcoin (BTC). Jupiter Zheng from HashKey Capital predicts that a significant altcoin season may commence after Bitcoin dominance reaches the 60-65% levels. Currently, Bitcoin's market dominance is around 61%.
However, some indicators suggest that the altcoin season has not yet started. CoinMarketCap's Altcoin Season Index is at 29 as of February 21, 2025; this indicates that altcoins have been performing worse compared to Bitcoin.
Analyst Benjamin Cowen states that for the altcoin season to begin, the Ethereum/Bitcoin (ETH/BTC) pair needs to rise. The current stagnation in the ETH/BTC pair indicates that altcoins have not yet gained strength.
As a result, factors such as Bitcoin dominance reaching its peak and the strengthening of the ETH/BTC pair are expected for the altcoin bull season to start. It is important for investors to closely monitor market indicators.
See original
BITCOIN RISES TO $90,000: SAYLOR'S PURCHASES MOVED THE MARKET‼️🚀
#MarketRebound #elg ESCOINTOKEN
Bitcoin surpassed $90,000 for the first time since early March, reaching $90,087 on Tuesday with a 2.2% increase (CoinDesk, 2025). This rise was supported by Michael Saylor’s Strategy with the purchase of 6,556 Bitcoins worth $555.8 million. Strategy is positioned as the world's largest institutional Bitcoin investor with a total of 538,200 coins (Bloomberg, 2025). The purchases were financed through stock offerings and improved market sentiment. However, Bitcoin is trading with a 5.6% decline in 2025; Trump’s trade policies and criticisms of the Federal Reserve are creating uncertainty (Reuters, 2025).
Strategy reported an unrealized loss of $6 billion in early April, which had an impact on the markets. On the other hand, spot Bitcoin ETFs saw their highest daily inflow in three months on Monday, indicating a resurgence of institutional interest (Forbes, 2025).
Broader cryptocurrency markets also rose, but gains remained limited. Trump's trade tariffs on China are suppressing risk appetite. While Bitcoin's recovery is supported by institutional purchases and ETF inflows, macroeconomic uncertainties are putting pressure on it.
Conclusion: Although Bitcoin's surpassing of $90,000 gained momentum from Strategy's purchases, Trump's policies create long-term uncertainty.
#escoin #BTC $BTC $ETH
HOWTOBUYESCOINTOKEN
#MarketRebound #elg ESCOINTOKEN
Bitcoin surpassed $90,000 for the first time since early March, reaching $90,087 on Tuesday with a 2.2% increase (CoinDesk, 2025). This rise was supported by Michael Saylor’s Strategy with the purchase of 6,556 Bitcoins worth $555.8 million. Strategy is positioned as the world's largest institutional Bitcoin investor with a total of 538,200 coins (Bloomberg, 2025). The purchases were financed through stock offerings and improved market sentiment. However, Bitcoin is trading with a 5.6% decline in 2025; Trump’s trade policies and criticisms of the Federal Reserve are creating uncertainty (Reuters, 2025).
Strategy reported an unrealized loss of $6 billion in early April, which had an impact on the markets. On the other hand, spot Bitcoin ETFs saw their highest daily inflow in three months on Monday, indicating a resurgence of institutional interest (Forbes, 2025).
Broader cryptocurrency markets also rose, but gains remained limited. Trump's trade tariffs on China are suppressing risk appetite. While Bitcoin's recovery is supported by institutional purchases and ETF inflows, macroeconomic uncertainties are putting pressure on it.
Conclusion: Although Bitcoin's surpassing of $90,000 gained momentum from Strategy's purchases, Trump's policies create long-term uncertainty.
#escoin #BTC $BTC $ETH
HOWTOBUYESCOINTOKEN
See original
IS THE TRUMP ADMINISTRATION PLANNING A BITCOIN INVESTMENT? A CRYPTO MOVE WITH CUSTOMS DUTIES‼️
#BTC #escoin
Bo Hines, Executive Director of the Digital Assets Advisory Council under President Donald Trump, announced that customs duty revenues could be used for Bitcoin purchases. Hines stated that the administration is looking for 'creative' financing methods to strengthen national reserves and that customs tariffs could play a role in this strategy (Hines, quoted by Bitcoin System, 2025). This statement points to Trump’s crypto-friendly policies and is also linked to customs duty policies that have caused fluctuations in global markets.
NYDIG analysts emphasized that despite Trump’s tax decisions leading to sharp declines in traditional markets, the crypto markets remained relatively stable (Cipolaro, quoted by Cointelegraph, 2025).
Experts express that this move could strengthen Bitcoin's perception as a safe haven, but it could also increase the risk of stagflation (Lee, quoted by Cryptonews, 2025). Countries like Turkey, which apply a 10% customs duty, could be indirectly affected by this policy (Euronews, 2025). Trump’s proposal for Bitcoin purchases signals a bold shift in the U.S. economic strategy. This move should be closely monitored for how it will shape the global financial order.
Conclusion Sentence: Trump’s proposal for Bitcoin purchases with customs duties could herald a new era in the global economy.
#Binance #elg $BTC $ETH
#BTC #escoin
Bo Hines, Executive Director of the Digital Assets Advisory Council under President Donald Trump, announced that customs duty revenues could be used for Bitcoin purchases. Hines stated that the administration is looking for 'creative' financing methods to strengthen national reserves and that customs tariffs could play a role in this strategy (Hines, quoted by Bitcoin System, 2025). This statement points to Trump’s crypto-friendly policies and is also linked to customs duty policies that have caused fluctuations in global markets.
NYDIG analysts emphasized that despite Trump’s tax decisions leading to sharp declines in traditional markets, the crypto markets remained relatively stable (Cipolaro, quoted by Cointelegraph, 2025).
Experts express that this move could strengthen Bitcoin's perception as a safe haven, but it could also increase the risk of stagflation (Lee, quoted by Cryptonews, 2025). Countries like Turkey, which apply a 10% customs duty, could be indirectly affected by this policy (Euronews, 2025). Trump’s proposal for Bitcoin purchases signals a bold shift in the U.S. economic strategy. This move should be closely monitored for how it will shape the global financial order.
Conclusion Sentence: Trump’s proposal for Bitcoin purchases with customs duties could herald a new era in the global economy.
#Binance #elg $BTC $ETH
See original
RESISTANCE AMONG WINTER: CRYPTO WINTER
#Binance #elg ESCOINTOKEN
Crypto winter refers to periods in the cryptocurrency market characterized by a prolonged decline in prices and reduced investor confidence. Bitcoin stands out as both the leader and the most affected asset during this challenging process. The crypto winter of 2022 saw Bitcoin’s price drop by over 70%, falling to as low as $16,000 (CoinGecko, 2023). During this period, macroeconomic factors, particularly rising global interest rates and inflationary pressures, increased Bitcoin's volatility (Bouri et al., 2023). However, historically, Bitcoin has shown recovery potential during crisis periods; after the winter of 2018, it reached $69,000 in 2021 (Yermack, 2015).
While the crypto winter leads to the bursting of speculative bubbles and the elimination of weak projects, Bitcoin’s decentralized structure and limited supply (21 million) provide it with resilience. Nevertheless, regulatory uncertainties and criticisms regarding energy consumption pose risks (Nakamoto, 2008). Investors should focus on long-term strategies during this period.
In conclusion, although Bitcoin struggles in the crypto winter, its historical resilience and technological infrastructure may make it a strong player in the financial system of the future.
#escoin #BTC #SolanaSurge $BTC $ETH
HOWTOBUYESCOIN
#Binance #elg ESCOINTOKEN
Crypto winter refers to periods in the cryptocurrency market characterized by a prolonged decline in prices and reduced investor confidence. Bitcoin stands out as both the leader and the most affected asset during this challenging process. The crypto winter of 2022 saw Bitcoin’s price drop by over 70%, falling to as low as $16,000 (CoinGecko, 2023). During this period, macroeconomic factors, particularly rising global interest rates and inflationary pressures, increased Bitcoin's volatility (Bouri et al., 2023). However, historically, Bitcoin has shown recovery potential during crisis periods; after the winter of 2018, it reached $69,000 in 2021 (Yermack, 2015).
While the crypto winter leads to the bursting of speculative bubbles and the elimination of weak projects, Bitcoin’s decentralized structure and limited supply (21 million) provide it with resilience. Nevertheless, regulatory uncertainties and criticisms regarding energy consumption pose risks (Nakamoto, 2008). Investors should focus on long-term strategies during this period.
In conclusion, although Bitcoin struggles in the crypto winter, its historical resilience and technological infrastructure may make it a strong player in the financial system of the future.
#escoin #BTC #SolanaSurge $BTC $ETH
HOWTOBUYESCOIN
See original
TENSION IN THE MIDDLE EAST AND CRYPTO MARKETS
#Binance #escoin #elg #xrp #BinanceAlphaAlert
Recently, U.S. President Donald Trump's threats of military intervention in Iran and the increasing tensions in the region have caused fluctuations in global markets. These developments have increased investors' search for safe havens, driving gold prices to record levels.
Bitcoin (BTC): The market sees the $76,600 level as a critical support point; a drop below this level is expected to lead to larger declines. The upward resistance levels are set at $83,315 and $85,141. Current price movements are concentrated around $79,164, $80,751, and $82,033, and especially the resistance at $82,033 has been pressuring prices throughout the weekend. This wave of decline presents an important opportunity to test the effectiveness of the second bottom formation on a monthly basis.
#Binance #escoin #elg #xrp #BinanceAlphaAlert
Recently, U.S. President Donald Trump's threats of military intervention in Iran and the increasing tensions in the region have caused fluctuations in global markets. These developments have increased investors' search for safe havens, driving gold prices to record levels.
Bitcoin (BTC): The market sees the $76,600 level as a critical support point; a drop below this level is expected to lead to larger declines. The upward resistance levels are set at $83,315 and $85,141. Current price movements are concentrated around $79,164, $80,751, and $82,033, and especially the resistance at $82,033 has been pressuring prices throughout the weekend. This wave of decline presents an important opportunity to test the effectiveness of the second bottom formation on a monthly basis.
See original
TERRA-LUNA
#BTC #elg #escoin #xrp #doge
Terraform Labs (TFL) and its CEO Do Kwon are accused of fraud by the U.S. Securities and Exchange Commission (SEC) due to events resulting in the collapse of TerraUSD (UST) and Luna tokens in May 2022. According to the SEC's claim, from April 2018 to May 2022, TFL and Kwon conducted numerous unregistered transactions while raising billions of dollars from investors.
TFL has reached a settlement with the SEC for $4.4 billion, under which the company’s operations have been approved to cease. This settlement aims to resolve claims related to the approximately $40 billion in losses experienced by investors as a result of the collapse of TerraUSD and Luna tokens.
#BTC #elg #escoin #xrp #doge
Terraform Labs (TFL) and its CEO Do Kwon are accused of fraud by the U.S. Securities and Exchange Commission (SEC) due to events resulting in the collapse of TerraUSD (UST) and Luna tokens in May 2022. According to the SEC's claim, from April 2018 to May 2022, TFL and Kwon conducted numerous unregistered transactions while raising billions of dollars from investors.
TFL has reached a settlement with the SEC for $4.4 billion, under which the company’s operations have been approved to cease. This settlement aims to resolve claims related to the approximately $40 billion in losses experienced by investors as a result of the collapse of TerraUSD and Luna tokens.
See original
🔥🔥🔥 HASHKEY EXCHANGE EXCEEDED 500 MILLION DOLLARS IN USER ASSETS‼️
#Bitcoin
Hong Kong-licensed virtual asset trading platform HashKey Exchange announced on June 7 that its user assets surpassed a $500 million milestone. This success is supported by the platform's rapidly growing user base and trading volume.
In April, the official launch of the Hong Kong crypto spot ETF on the Hong Kong Stock Exchange attracted more investors, especially Chinese institutions. HashKey Exchange also offers Omnibus trading service for retail customers, constantly increasing its trading volume and number of customers. This strategy has enabled the platform to reach a new peak in the management of user assets.
🔥 The success of HashKey Exchange demonstrates continued growth and innovation in the cryptocurrency market❗️
#Binance #elg #escoin #Escoin $BTC $ETH
#Bitcoin
Hong Kong-licensed virtual asset trading platform HashKey Exchange announced on June 7 that its user assets surpassed a $500 million milestone. This success is supported by the platform's rapidly growing user base and trading volume.
In April, the official launch of the Hong Kong crypto spot ETF on the Hong Kong Stock Exchange attracted more investors, especially Chinese institutions. HashKey Exchange also offers Omnibus trading service for retail customers, constantly increasing its trading volume and number of customers. This strategy has enabled the platform to reach a new peak in the management of user assets.
🔥 The success of HashKey Exchange demonstrates continued growth and innovation in the cryptocurrency market❗️
#Binance #elg #escoin #Escoin $BTC $ETH
See original
🔥🔥🔥 WHILE THE WORLD WAR WAITS IN THE MIDDLE EAST, THE WAR CONTINUES IN CRYPTO 🔥🔥🔥
CRYPTO WINTER: BEAR MARKET/BULL RUN DILEMMA
#Binance
🔥 In general, it can be said that the BEAR SEASON EFFECT FOR ALT COINS has been continuing for a long time. Except for only a few currencies like BTC, others are still under this influence. The small investor who holds altcoins at high costs must have been too patient and stubborn this time because the downward trend continues. In this process, whales sell at a loss, driving the market down and trying to collect from the bottom.
🔥🔥🔥 LET THEM SELL‼️ PATIENTLY WAIT FOR THE OPPORTUNITY TO COLLECT FROM THE BOTTOM‼️
➡️ While these developments are taking place, the worst thing is to be caught at high cost. Remember that BULL SEASON FOR ALT COINS IS NOT TOO FAR!!
$BTC $ETH #escoin #elg
CRYPTO WINTER: BEAR MARKET/BULL RUN DILEMMA
#Binance
🔥 In general, it can be said that the BEAR SEASON EFFECT FOR ALT COINS has been continuing for a long time. Except for only a few currencies like BTC, others are still under this influence. The small investor who holds altcoins at high costs must have been too patient and stubborn this time because the downward trend continues. In this process, whales sell at a loss, driving the market down and trying to collect from the bottom.
🔥🔥🔥 LET THEM SELL‼️ PATIENTLY WAIT FOR THE OPPORTUNITY TO COLLECT FROM THE BOTTOM‼️
➡️ While these developments are taking place, the worst thing is to be caught at high cost. Remember that BULL SEASON FOR ALT COINS IS NOT TOO FAR!!
$BTC $ETH #escoin #elg
See original
🔥🔥🔥 Bitcoin Whales: Purchasing Power Rising‼️
#Bitcoin
➡️ According to the latest report of Cryptoquant.com, the amount of Bitcoin held by exchanges and miners decreased by 183,000 BTC from January 1, 2024 to June 7, 2024. 91% of this decrease occurred due to the decrease in the holdings of cryptocurrency exchanges. Exchanges, which held a total of 3.01 million BTC at the beginning of the year, reduced this figure to 2.84 million BTC, reducing it by 166,000 BTC.
➡️ There is an interesting development:
Bitcoin whales are showing buying interest reaching a two-month high. Bitcoin balances of these major players have reached a historical high. This indicates a revival of strong purchasing power in the cryptocurrency market
🔥🔥🔥 All in all, Bitcoin's future still looks bright. Major investors consider price corrections as opportunities, indicating that the bull market is not over yet. Bitcoin's rise may continue, marking an exciting time in the cryptocurrency world.
#Binance #elg #escoin
$BTC $ETH
#Bitcoin
➡️ According to the latest report of Cryptoquant.com, the amount of Bitcoin held by exchanges and miners decreased by 183,000 BTC from January 1, 2024 to June 7, 2024. 91% of this decrease occurred due to the decrease in the holdings of cryptocurrency exchanges. Exchanges, which held a total of 3.01 million BTC at the beginning of the year, reduced this figure to 2.84 million BTC, reducing it by 166,000 BTC.
➡️ There is an interesting development:
Bitcoin whales are showing buying interest reaching a two-month high. Bitcoin balances of these major players have reached a historical high. This indicates a revival of strong purchasing power in the cryptocurrency market
🔥🔥🔥 All in all, Bitcoin's future still looks bright. Major investors consider price corrections as opportunities, indicating that the bull market is not over yet. Bitcoin's rise may continue, marking an exciting time in the cryptocurrency world.
#Binance #elg #escoin
$BTC $ETH
See original
🔥🔥🔥 FIDELITY INTERNATIONAL TOKENIZED MONEY MARKET FUNDS ON JPMORGAN'S BLOCKCHAIN‼️
#Bitcoin
➡️ London-based fund management firm Fidelity International tokenized shares in money market funds using JPMorgan's Ethereum-based private blockchain network Onyx Digital Assets. Fidelity International noted that tokenization occurs almost instantaneously on JPMorgan's Onyx blockchain via the Tokenized Collateral Network.
➡️ Tokenization aims to create virtual investment instruments that represent real-world assets such as real estate, precious metals and collectibles, and this is a key area of innovation for banks. JPMorgan pioneered the field by conducting the first live blockchain-based margin settlement transaction involving tokenized shares in the BlackRock money market fund last October.
➡️ Fidelity International's Head of Debt Capital Markets, Stephen Whyman, stated that tokenization provides efficiency in meeting margin requirements and a reduction in transaction costs. Keerthi Moudgal, head of product at Onyx Digital Assets, emphasized that Fidelity's participation adds a new asset to their network, complicating the collateral landscape.
🔥🔥🔥 this development is seen as an important step in the adoption of tokenization in order to increase efficiency in the financial system and reduce transaction costs‼️
#Bitcoin #elg #escoin $BTC $ETH
#Bitcoin
➡️ London-based fund management firm Fidelity International tokenized shares in money market funds using JPMorgan's Ethereum-based private blockchain network Onyx Digital Assets. Fidelity International noted that tokenization occurs almost instantaneously on JPMorgan's Onyx blockchain via the Tokenized Collateral Network.
➡️ Tokenization aims to create virtual investment instruments that represent real-world assets such as real estate, precious metals and collectibles, and this is a key area of innovation for banks. JPMorgan pioneered the field by conducting the first live blockchain-based margin settlement transaction involving tokenized shares in the BlackRock money market fund last October.
➡️ Fidelity International's Head of Debt Capital Markets, Stephen Whyman, stated that tokenization provides efficiency in meeting margin requirements and a reduction in transaction costs. Keerthi Moudgal, head of product at Onyx Digital Assets, emphasized that Fidelity's participation adds a new asset to their network, complicating the collateral landscape.
🔥🔥🔥 this development is seen as an important step in the adoption of tokenization in order to increase efficiency in the financial system and reduce transaction costs‼️
#Bitcoin #elg #escoin $BTC $ETH
See original
🔥🔥🔥 INVESTORS INVESTED $100.8 MILLION IN BITCOIN ETFs‼️
#escoin
➡️ As of June 12, total net flows into Bitcoin ETFs were $100.8 million. Investor interest was distributed as follows:
- FBTC: $50.6 million
- USDIBIT: $15.6 million
- USDBITB: $14.5 million
- USDHODL: $11.6 million
- USDARKB: 8.5 million dollars
➡️ These data show that investors' interest in Bitcoin ETFs is increasing. While FBTC stands out as the most preferred ETF, many funds appear to have zero net flows. This indicates that investor preferences are concentrated on certain funds and market confidence is focused on these funds.
🔥 Investment in Bitcoin ETFs Increases: Investors Deposited $100.8 Million❗️
#elg #EscoinToken
$BTC
#escoin
➡️ As of June 12, total net flows into Bitcoin ETFs were $100.8 million. Investor interest was distributed as follows:
- FBTC: $50.6 million
- USDIBIT: $15.6 million
- USDBITB: $14.5 million
- USDHODL: $11.6 million
- USDARKB: 8.5 million dollars
➡️ These data show that investors' interest in Bitcoin ETFs is increasing. While FBTC stands out as the most preferred ETF, many funds appear to have zero net flows. This indicates that investor preferences are concentrated on certain funds and market confidence is focused on these funds.
🔥 Investment in Bitcoin ETFs Increases: Investors Deposited $100.8 Million❗️
#elg #EscoinToken
$BTC
See original
🔥🔥🔥 GOOGLE TAKES LEGAL ACTION AGAINST CRYPTO SCAMMERS‼️
#escoin
➡️ Google announced that it has taken legal steps against crypto fraudsters who commit fraud by installing fake applications. This step shows the platform's determination to protect users and is considered an important step in terms of internet security.
🔥 This move by Google stands out as an important step to increase security on the internet❗️
#Binance #elg #EscoinToken
#escoin
➡️ Google announced that it has taken legal steps against crypto fraudsters who commit fraud by installing fake applications. This step shows the platform's determination to protect users and is considered an important step in terms of internet security.
🔥 This move by Google stands out as an important step to increase security on the internet❗️
#Binance #elg #EscoinToken
See original
🔥🔥🔥 BIG BLOW TO CRYPTO MINING IN PARAGUAY‼️
🔥 Mining has now evolved into tokenization in the world. But crypto assets and blockchain are unstoppable‼️
#Binance #Bitcoin #elg #escoin #BinanceHerYerde
$BTC $ETH
🔥 Mining has now evolved into tokenization in the world. But crypto assets and blockchain are unstoppable‼️
#Binance #Bitcoin #elg #escoin #BinanceHerYerde
$BTC $ETH
Big Blow to Crypto Mining in Paraguay
Major operations against crypto mining in Paraguay resulted in the seizure of 2,738 ASIC devices as part of the fight against energy theft. This development has revived important discussions on crypto mining and energy consumption in the country.
Operations Against Energy Theft
In Paraguay, authorities organized a comprehensive operation against energy theft. Within the scope of this operation, crypto mining activities that used energy illegally were terminated. The 2,738 seized ASIC devices raised serious concerns about energy consumption and energy security in the country.
Regulation of Crypto Mining
Paraguay is trying to establish a clear regulatory framework on crypto mining. However, problems such as energy theft are one of the biggest obstacles to these efforts. Illegal use of energy resources in the country both increases energy costs and damages the infrastructure.
Energy Consumption and Environmental Impacts
Crypto mining also creates environmental impacts due to high energy consumption. Operations in Paraguay aim to increase efforts to reduce this impact and use sustainable energy. These operations have reopened a broad debate on energy consumption and environmental impacts.
Reflections on the Crypto Industry
These major operations in Paraguay also had an impact in the global crypto mining industry. Such interventions against illegal mining activities reveal that cryptocurrencies need to be managed in a more orderly and transparent manner. Additionally, such operations may pave the way for similar regulations and inspections in other countries.
#escoin #elg #Megadrop $BTC $ETH
Major operations against crypto mining in Paraguay resulted in the seizure of 2,738 ASIC devices as part of the fight against energy theft. This development has revived important discussions on crypto mining and energy consumption in the country.
Operations Against Energy Theft
In Paraguay, authorities organized a comprehensive operation against energy theft. Within the scope of this operation, crypto mining activities that used energy illegally were terminated. The 2,738 seized ASIC devices raised serious concerns about energy consumption and energy security in the country.
Regulation of Crypto Mining
Paraguay is trying to establish a clear regulatory framework on crypto mining. However, problems such as energy theft are one of the biggest obstacles to these efforts. Illegal use of energy resources in the country both increases energy costs and damages the infrastructure.
Energy Consumption and Environmental Impacts
Crypto mining also creates environmental impacts due to high energy consumption. Operations in Paraguay aim to increase efforts to reduce this impact and use sustainable energy. These operations have reopened a broad debate on energy consumption and environmental impacts.
Reflections on the Crypto Industry
These major operations in Paraguay also had an impact in the global crypto mining industry. Such interventions against illegal mining activities reveal that cryptocurrencies need to be managed in a more orderly and transparent manner. Additionally, such operations may pave the way for similar regulations and inspections in other countries.
#escoin #elg #Megadrop $BTC $ETH
See original
🔥🔥🔥 "Striking Statements from FED Governors: What Did They Say About the Future of the US Economy and Inflation?"
🔥 PLEASE DO NOT IGNORE THIS INFORMATION WHEN MAKING YOUR INVESTMENT‼️ Because markets find their direction with this important detailed information❗️
#Bitcoin
Today, six FED managers made important statements about the US economy. Here are the highlights:
➡️ Atlanta FED President Raphael Bostic: He stated that inflation is going up and down and it will take time for the momentum in the economy to end. It predicts that inflation will continue to fall until 2025.
➡️ FED Vice President for Supervision Michael Barr: He said that the first quarter inflation was disappointing and there is no confidence yet to loosen monetary policy. He emphasized that they are cautious against both inflation and employment risks.
➡️ FED Vice President Philip Jefferson: He stated that it is too early to evaluate whether the slowdown in the fight against inflation is permanent. He expects consumer spending to slow later in the year and said he would evaluate data to determine the appropriate stance for the policy rate.
🔥 These statements of FED officials closely concern crypto money and traditional financial markets❗️
➡️ Statements by FED officials show that uncertainty continues about the future of the US economy and inflation. Uncertainties in important factors such as inflation and employment can cause volatility in markets and require investors to be cautious.
#Binance #elg #escoin #EscoinToken $BTC $ETH $SOL
🔥 PLEASE DO NOT IGNORE THIS INFORMATION WHEN MAKING YOUR INVESTMENT‼️ Because markets find their direction with this important detailed information❗️
#Bitcoin
Today, six FED managers made important statements about the US economy. Here are the highlights:
➡️ Atlanta FED President Raphael Bostic: He stated that inflation is going up and down and it will take time for the momentum in the economy to end. It predicts that inflation will continue to fall until 2025.
➡️ FED Vice President for Supervision Michael Barr: He said that the first quarter inflation was disappointing and there is no confidence yet to loosen monetary policy. He emphasized that they are cautious against both inflation and employment risks.
➡️ FED Vice President Philip Jefferson: He stated that it is too early to evaluate whether the slowdown in the fight against inflation is permanent. He expects consumer spending to slow later in the year and said he would evaluate data to determine the appropriate stance for the policy rate.
🔥 These statements of FED officials closely concern crypto money and traditional financial markets❗️
➡️ Statements by FED officials show that uncertainty continues about the future of the US economy and inflation. Uncertainties in important factors such as inflation and employment can cause volatility in markets and require investors to be cautious.
#Binance #elg #escoin #EscoinToken $BTC $ETH $SOL
See original
🔥🔥🔥 A SUPPLY SHOCK IS COMING IN THE ETH MARKET: ETFs CAN WITHDRAW 4 BILLION DOLLARS‼️
#Bitcoin
➡️ According to K33 Research, the launch of Ethereum (ETH) ETFs could result in around 1 million ETH inflows in the first five months. This means a demand of approximately 4 billion dollars. K33 Research examined the market share of ETH relative to BTC in CME futures and determined that ETH trading demand is generally 35% of BTC.
➡️ Based on this data, it is predicted that the launch of ETH ETFs could lead to a significant impact on the Ethereum supply
🔥🔥🔥 A major supply shock is expected in the Ethereum market and this may create significant opportunities for investors‼️
#Binance #escoin #elg $BTC $ETH
#Bitcoin
➡️ According to K33 Research, the launch of Ethereum (ETH) ETFs could result in around 1 million ETH inflows in the first five months. This means a demand of approximately 4 billion dollars. K33 Research examined the market share of ETH relative to BTC in CME futures and determined that ETH trading demand is generally 35% of BTC.
➡️ Based on this data, it is predicted that the launch of ETH ETFs could lead to a significant impact on the Ethereum supply
🔥🔥🔥 A major supply shock is expected in the Ethereum market and this may create significant opportunities for investors‼️
#Binance #escoin #elg $BTC $ETH
See original
🔥🔥🔥 NEW TAXES ARE COMING FOR CRYPTO CURRENCY: TRANSACTION AND INCOME TAX PROPOSALS‼️
#Bitcoin
➡️ The government aims to generate an additional income of 226 billion TL with the new tax package it plans to bring to the Turkish Grand National Assembly (TBMM) after the holiday. The proposed regulations envisage increasing the taxes to be paid by both companies and individuals. These regulations aim to create a source of income corresponding to approximately 0.7 percent of Turkey's gross domestic product.
🔥 TAX EXCEPTION IS BEING REMOVED IN THE STOCK EXCHANGE, NEW TAXES ARE COME TO CRYPTO❗️
➡️ With the new regulation, the income tax exemption applied to the gains arising from the disposal of stocks that are not traded on Borsa Istanbul, belonging to fully taxpayer institutions and held for more than 2 years, is abolished. However, Minister of Treasury and Finance Mehmet Şimşek announced that the tax study on the stock market has been postponed for a while to be re-evaluated.
➡️ Regarding the taxation of crypto assets, two different formulas are proposed: Transaction tax at a rate of 3 per ten thousand on purchases and sales or income tax on purchase and sale gains. It is estimated that if a transaction tax is imposed on crypto assets, 3.7 billion TL tax revenue will be generated annually.
🔥🔥🔥 With this new tax package, the government aims to make a significant contribution to the Turkish economy. If these regulations become law, the tax burden of both companies and individuals will increase!
#Binance #elg #escoin #EscoinToken $BTC $ETH
#Bitcoin
➡️ The government aims to generate an additional income of 226 billion TL with the new tax package it plans to bring to the Turkish Grand National Assembly (TBMM) after the holiday. The proposed regulations envisage increasing the taxes to be paid by both companies and individuals. These regulations aim to create a source of income corresponding to approximately 0.7 percent of Turkey's gross domestic product.
🔥 TAX EXCEPTION IS BEING REMOVED IN THE STOCK EXCHANGE, NEW TAXES ARE COME TO CRYPTO❗️
➡️ With the new regulation, the income tax exemption applied to the gains arising from the disposal of stocks that are not traded on Borsa Istanbul, belonging to fully taxpayer institutions and held for more than 2 years, is abolished. However, Minister of Treasury and Finance Mehmet Şimşek announced that the tax study on the stock market has been postponed for a while to be re-evaluated.
➡️ Regarding the taxation of crypto assets, two different formulas are proposed: Transaction tax at a rate of 3 per ten thousand on purchases and sales or income tax on purchase and sale gains. It is estimated that if a transaction tax is imposed on crypto assets, 3.7 billion TL tax revenue will be generated annually.
🔥🔥🔥 With this new tax package, the government aims to make a significant contribution to the Turkish economy. If these regulations become law, the tax burden of both companies and individuals will increase!
#Binance #elg #escoin #EscoinToken $BTC $ETH
See original
🔥🔥🔥 ETHEREUM SPOT ETF APPROVAL MAY COME ON JULY 2‼️
#Bitcoin
➡️ Bloomberg analyst Eric Balchunas announced that they expect the S-1 forms of Ethereum Spot ETFs to be approved by July 2. Balchunas noted that SEC staff provides issuers with comments on their S-1 forms, and that these comments often cover simple and non-important matters. The SEC expects a response from issuers within a week.
➡️ Balchunas stated that the launch of Spot Ether ETF could be held during the holiday week and their best guess is July 2. Reminding that their previous predictions were July 4, Balchunas stated that their new predictions foresee an earlier date and this is good news.
🔥🔥🔥 The most likely date for approval of Ethereum Spot ETFs is seen as July 2‼️
#Binance #elg #escoin $BTC $ETH
#Bitcoin
➡️ Bloomberg analyst Eric Balchunas announced that they expect the S-1 forms of Ethereum Spot ETFs to be approved by July 2. Balchunas noted that SEC staff provides issuers with comments on their S-1 forms, and that these comments often cover simple and non-important matters. The SEC expects a response from issuers within a week.
➡️ Balchunas stated that the launch of Spot Ether ETF could be held during the holiday week and their best guess is July 2. Reminding that their previous predictions were July 4, Balchunas stated that their new predictions foresee an earlier date and this is good news.
🔥🔥🔥 The most likely date for approval of Ethereum Spot ETFs is seen as July 2‼️
#Binance #elg #escoin $BTC $ETH
Login to explore more contents