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Billionaire Elon Musk made remarkable statements after the spot Bitcoin ETF approval. On January 11, Elon Musk attended an X Space broadcast organized by Ark Invest CEO Cathie Wood as a speaker. Making statements that attracted attention in the publication about Spot Bitcoin ETFs, Musk emphasized that he was open to the idea of ​​integrating Bitcoin into The billionaire said that the integrations to be provided could target different purposes at this point. Although Musk showed a hesitant attitude, his statements that Bitcoin could be used in X triggered an upward movement in Bitcoin, albeit for a short time. In parallel with Musk's speech, Bitcoin rose from $ 46,150 to $ 46,600. The billionaire, who stated that he did not think much about Bitcoin and cryptocurrencies, just like in his previous statements, did not hesitate to state that he still has a Bitcoin investment. Tesla and SpaceX have a sufficient amount on their balance sheets. While underlining that he holds Bitcoin (BTC) and Dogecoin (DOGE), he stated that most of the concerns he had about the renewable mining of Bitcoin in the past period have disappeared. On the other hand, Musk stated that he still has doubts about this issue and stated that the proof of work system reminded us that it is not sustainable at some point due to its nature. According to CoinGecko data, Bitcoin, which lost 0.3% in value in the last 24 hours, is traded at $ 45,837 at the time of writing. $BTC

Bitcoin (BTC), the largest cryptocurrency, has begun to recover from the $42,200 level after sales by speculative investors, signaling the beginning of a new uptrend. Ethereum (ETH), the king of altcoins, is also showing signs of recovery by passing $2,270. While high fund flows have been detected into BTC and ETH, it is expected that this may affect the price of these two major cryptocurrencies. According to on-chain analyst Ali Martinez, on December 14, Bitcoin and Ethereum witnessed fund flows of more than $19.7 billion. This amount is reminiscent of the influx of funds observed before Bitcoin's rise from $18,000 to $65,000 three years ago. If historical patterns repeat, it may be possible for the largest cryptocurrency to reach new highs, following a trajectory similar to the 2020 cycle. Greek analysis platform Greek.live announced that BTC options stood out in the mid-week rally, accounting for 50% of the total volume. Half of the transactions in the options market were carried out by one whale in particular, who chose to take long positions in the rising market that lasts until the end of 2023. Bitcoin's current strong rally has slowed slightly as short-term investors began to realize their profits. This triggered the third sharpest selling wave of 2023. According to analysis by on-chain data platform Glassnode, Bitcoin has entered a short-term exhaustion phase after reaching a yearly high of $44,500. Additionally, the decreasing supply of BTC on cryptocurrency exchanges reflects investors' sensitivity to protect their assets and a reduced desire to sell. Many market commentators have made optimistic price predictions for Bitcoin recently, stating that they expect the largest cryptocurrency to surpass the $42,000 to $45,000 range by the end of next week. . From now on, they expect that there is no significant hurdle until $63,000 and the price will rise to this level. Additionally, BitMEX co-founder and former CEO Arthur Hayes reiterated his prediction that the Bitcoin price will eventually reach $1 million and continues to link this to general economic changes in the value of national currencies.#BitcoinDunyamiz #btc #kriptohaber

Bitcoin (BTC) is moving with a decline of nearly 7 percent. It holds hints of recent price action as it hovers at just over $42,000, according to the latest numbers in leading crypto news writing. According to Cointelegraph market editor Alain Scott, the sharp BTC price drop observed on the daily chart has all the hallmarks of a buy-the-dip scenario. Scott wrote in his analysis that: He notes that the move appears to be a small pullback in the uptrend that has been building over the past few months. Scoott says: "The recent decline may be a short-term fluctuation within an ongoing uptrend rather than a general trend reversal. However, further downsides may occur in the coming days." or horizontal movements should not be ignored. Where is the critical level? According to Scott, who stated that Bitcoin may fall further without stopping the general upward trend, “The ability to hold above $ 42,000 indicates that this is only a short-term decline and will generally continue to rise.” will further strengthen his argument.”#btc #kriptopara #BitcoinDunyamiz #kriptohaber

Binance, the world's largest cryptocurrency exchange by transaction volume, continues to lead the industry with the decisions it makes. Binance, which has been trying to solve the problems in the USA for a while, took a new step today. Binance, which exited the Russian crypto market due to the USA and Europe's embargoes against Russia, announced today that it will completely remove the Russian Ruble (RUB) from P2P. Binance said on the subject. He included the following words in the announcement text he shared: Due to the decision to exit in Russia through the sale of CommEX, Binance P2P will no longer support Russian Ruble (RUB) trading pairs.USDT/RUB, BTC/RUB, FDUSD/RUB, BNB/RUB, ETH /RUB, BUSD/RUB and RUB/RUB P2P trading pairs will be removed as of 2024-01-31 03:00 (UTC). Starting from this date, users can continue P2P trading with Russian Ruble (RUB) on the CommEX platform for free.CommEX To use for P2P trading, simply register or log in to a CommEX account and link it to the corresponding Binance account. Once the connection is complete, users can transfer their assets from Binance to CommEX and continue P2P trading with Russian Rubles (RUB) on CommEX. Alternatively, users can transfer Russian Rubles to Binance's fiat before 2024-01-31 03:00 (UTC). They can withdraw through our partners, convert Russian Rubles into cryptocurrencies on Binance Convert, or exchange Russian Rubles into cryptocurrencies on the Binance Spot market. Thank you for your understanding and ongoing support!*Stay tuned for updates!#BitcoinDunyamiz #btc

The cryptocurrency market started the new week with declines. While Bitcoin was trading at levels close to 44 thousand dollars, it retreated to 40 thousand 400 dollars. Other cryptocurrencies also followed Bitcoin. Ether, the second largest cryptocurrency by market value, dropped to $2,161. BNB dropped to 228 and XRP dropped to $0.60. On the other hand, the total market value of cryptocurrencies, which was at the level of 1 trillion 640 billion dollars, fell to 1 trillion 560 billion dollars with the decreases. This decline, which came as we entered a critical week for the markets, attracted attention. US inflation data will be released on Tuesday. The Fed's interest rate decision will be announced on Wednesday. Stating that leverage has recently increased greatly in the market, Richard Galvin, co-founder of the asset management company Digital Asset Capital Management, said: "The current decline seems to be due to the reduction of leveraged positions rather than being caused by any news flow." He commented. A $360 million position was liquidated in 12 hours. The withdrawal caused losses to more than 100 thousand users who made leveraged transactions. According to CoinGlass data, over $360 million positions were closed with a loss in the last 12 hours. 321 million of these were upward positions. The price gap in CME came to the fore. The decline in Bitcoin also brought to the fore the price gap (GAP) in the Chicago Stock Exchange (CME). As we reported recently, analyst Willy Woo drew attention to the decline in the short term and underlined the price gap formed at the level of 39 thousand 700 dollars in CME. The price gap was observed between Friday's closing and Monday's opening in Bitcoin-based futures contracts in CME. It represents the price difference between . As it is known, the CME exchange is closed on weekends, but Bitcoin is open for trading 24 hours a day, 7 days a week. This creates a large gap between the opening and closing price on the CME when the CME is closed and especially when a large price movement occurs. To date, 28 of the 30 price gaps in daily candles have subsequently closed. This shows that Bitcoin tends to return to the formed price gaps. Despite today's decline, the price gap has not closed yet. Speaking to Bloomberg, IG Australia market analyst Tony Sycamore predicts that declines towards the $40,000 to $37,500 range will be met by buyers and that this region will be an important support level$BTC $XRP $BNB

Macro guru Raoul Pal, CEO of Real Vision, laid out three possible scenarios for Bitcoin (BTC)'s next run. What roadmap does Bitcoin have in three scenarios? Three Different Scenarios in Bitcoin In a new interview on the Unchained Crypto YouTube channel, the former Goldman Sachs executive said the most likely scenario for Bitcoin is a traditional cycle where the leading cryptocurrency rallies somewhere between $100,000 and $200,000. he suggested. The expert analyst made the following statements in his statements: "Frankly, I am very optimistic... There are three outcomes that I have planned in my mind. We have a very traditional cycle with a 60% probability, and this will put Bitcoin in the $ 100,000 to $ 200,000 range and all other cryptocurrencies are on the risk curve accordingly. Expectations for 2024Raoul Pal stated that the second scenario, which he believes has a 20% chance of occurring, is that a large influx of money into the cryptocurrency industry will trigger a larger bull run than expected, and said: "There is a 20% chance that this early start indicates something much bigger." is. This means greater adoption and more capital entering the field. This leads to larger price increases than people expected. People are pretty hurt because the last cycle seemed shorter than most people expected, everyone thought there was another last leg higher and it never actually happened… But maybe this time the shock is due to excess returns beyond expectations. In the third scenario, Raoul Pal says the cryptocurrency class is shorter than the previous one. , suggested he could see a front-loading cycle. The famous CEO made the following statements on the subject: "The other side that I am struggling with is that the entire cycle is front-loaded and is actually shorter but more severe in 2024. So these are the three scenarios I have planned in my mind."#BitcoinDunyamiz #btc #kriptohaber