#elg #escoin #xrp #BTC☀️ Bitcoin has attracted attention in the market with a sharp recovery in the evening hours. However, in the weekly market, price movements are at a critical point between a fluctuation range and a downtrend. In this analysis, we evaluate possible scenarios by examining Bitcoin's weekly technical indicators. We recommend a patient observation to avoid overly pessimistic approaches. Below, we provide a summary through moving averages, Bollinger Bands, volume-energy indicato
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.
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.
#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.
Escoin is an innovative crypto asset based on a legal network operated by Praelegal (praelegal.de) with 252 offices in 142 countries, headquartered in Germany. The project aims to provide a system backed by physical gold, and for this purpose, PraeGold (praegold.com) was established in England. What sets Escoin apart is its compliance with regulations. Its ability to invoice private sales and transactions made with cryptocurrencies (Ethereum, USDT) draws attention, as well as its provision of internationally valid documents (Escoin, 2024). Additionally, it supports bank transfers with IBAN and SWIFT codes while accepting payments via PayPal (paypal.me/fincras).
KENTUCKY, STANDS OUT WITH REGULATIONS #JELLYJELLYFuturesAlert #elg #escoin #WYSTStablecoin Kentucky Governor Andy Beshear signed House Bill 701 (HB 701) into law on March 24, 2025, implementing significant regulations for cryptocurrency use in the state. This law secures the right for individuals to hold and manage cryptocurrency in their own digital wallets and prevents local governments from enacting discriminatory regulations against cryptocurrency mining operations. Additionally, it states that mining and staking services will not be considered securities under Kentucky law. HB 701 was unanimously approved with a vote of 91-0 in the Kentucky House of Representatives and 37-0 in the Senate. The law also exempts individuals who wish to run blockchain nodes and engage in staking activities from the state's money transfer regulations.
#VoteToDelistOnBinance #escoin #elg #xrp Crypto analyst Aylo described XRP as "the biggest financial scam in history," sparking a heated debate in the crypto community. He based this claim on the fact that despite XRP's high market value, it fails to find sufficient real-world use cases. Aylo pointed out that the trading volume on the decentralized exchange of the XRP Ledger (XRPL) was only $44,000, arguing that this low volume demonstrates XRP's lack of real usage.
#TrumpAtDAS #VoteToListOnBinance #escoin #elg The U.S. Securities and Exchange Commission (SEC) stated in a press release on March 20, 2025, that Proof-of-Work (PoW) mining and mining pool activities will not be classified as securities.
SALARY IN BRAZIL WITH CRYPTOCURRENCY.... #elg #escoin #xrp #doge #ETHBreaks2k #VoteToListOnBinance A new bill has been introduced in Brazil that would allow a portion of employees' salaries to be paid in cryptocurrencies such as Bitcoin. This bill, introduced to parliament by MP Luiz Philippe de Orleans-Bragança on March 12, 2025, stipulates that employers can pay their employees a maximum of 50% of their salaries in cryptocurrencies. The remaining 50% must be paid in real, Brazil's official currency.
RALLY IN CRYPTO MARKETS.... #FedWatch #elg #escoin #TrumpTariffs Yesterday at 10:00 AM, short positions were opened at the level of $2,042 for Ethereum (ETH), at $84,600 and $85,150 for Bitcoin (BTC), and short position orders were placed in the range of $129.5-$134.5 for Solana (SOL). This strategy was designed to prevent upward long wicks and currently appears to be meeting expectations.
ACCEPTANCE OF XRP AS COMMODITY... #BotOrNot #escoin #elg #xrp #doge As the legal proceedings between Ripple and the U.S. Securities and Exchange Commission (SEC) continue, the SEC's evaluations regarding whether XRP is a security or a commodity are garnering significant interest. According to a report by Fox News, the SEC is discussing the possibility of XRP achieving commodity status similarly to ETH. If this occurs, the U.S. Commodity Futures Trading Commission (CFTC) will play an active role in market oversight and derivative product approval processes for XRP, adapting the regulations it applies to Bitcoin and Ether to XRP as well.
FED PIVOT FOR CRYPTO BULL RALLY ‼️ #BotOrNot #elg #escoin #doge Scott Melker emphasizes that a real rally in the crypto market cannot begin without the Fed reversing its tight monetary policy. Accordingly, the normalization of interest rates and the Fed making a pivot in policy is seen as a prerequisite for a market correction. While Bitcoin hovers around approximately $83,263, it cannot maintain the $90,000 level; Trump's harsh statements regarding global tariffs are increasing uncertainty.
#FollowTheLeadTrader #escoin #elg #xrp South Korea's Financial Services Commission (FSC) announced that it will release comprehensive guidelines regarding institutional cryptocurrency investments in the third quarter of 2025. This step aims to gradually lift the ban on institutional investments in existing regulations, creating a freer environment in the market. Rules to be published at different periods for publicly traded companies, professional investors, non-profit organizations, and cryptocurrency exchanges are expected to contribute to an increase in liquidity and trading volume in the cryptocurrency market. Additionally, it is reported that charities and universities will be allowed to sell their cryptocurrency assets in the second quarter (Korea Economic Daily, 2024).
#Mt.Gox #elg #TradingAnalysis101 #escoin Mt. Gox has caused unease in the cryptocurrency market with its recent high-volume Bitcoin (BTC) transfers. Reportedly, 11,834 BTC have been transferred, with 11,502 BTC going to a new wallet, while the remaining portion has been moved to a hot wallet. This movement occurred following a $1.07 billion BTC transfer at the beginning of March and a subsequent $15 million transaction (CoinDesk, 2024). After the major hack attack in 2014 that led to its bankruptcy, Mt. Gox has decided to make BTC and Bitcoin Cash (BCH) payments to creditors, starting repayments that will last from July 2024 to October 2025 (Reuters, 2024).
TURKEY CRYPTO REGULATIONS #Binance #elg #FollowTheLeadTrader #xrp • Scope and Purpose: The communiqué published by the Capital Markets Board (SPK) aims to increase transparency and security in the sector by regulating the establishment, operation, customer protection, and internal audit processes of crypto asset service providers in Turkey. • Establishment Conditions: Service providers will only be established as joint-stock companies; transparency of the partnership structure, all shares being registered, and minimum capital requirements (150 million TL for exchanges, 500 million TL for custodians) are sought. • Operating Licenses and Security: Information systems that comply with TÜBİTAK criteria will be established, and the security of customer assets will be ensured through hot and cold wallet integration. It is anticipated that platforms will store customer assets in authorized custodian institutions at a rate of 95% (Reuters, 2025). • Customer Protection and Audit: While the rights of investors are protected through risk notification forms, electronic contracts, and internal control systems, platforms will be subject to independent audits at least once a year. • External Service Procurement: By applying strict technical and security conditions in service procurement, cooperation and oversight mechanisms with public institutions will be strengthened.
#MasterTheMarket #elg ESCOINTOKEN #escoin The Singapore Exchange (SGX) plans to launch Bitcoin perpetual futures contracts aimed exclusively at institutional and professional investors in the second half of 2025. This move aims to strengthen Singapore's leadership position in the digital asset ecosystem while providing a regulated entry into the crypto derivatives markets. An SGX spokesperson stated that this product will "significantly expand institutional market access" (Bloomberg, 2025). The product is subject to approval by the Monetary Authority of Singapore (MAS) and will be closed to individual investors. Thus, by offering a regulated and secure trading environment, the aim is to create an alternative to controversial platforms in terms of regulation.
NEW BTC TRANSFERS FROM MT. GOX ON THE AGENDA OF THE MARKET
#Mt.Gox #elg #escoin #doge #BTC Mt. Gox has caused unease in the cryptocurrency market with its recent high-volume Bitcoin (BTC) transfers. It has been reported that approximately 11,834 BTC were transferred, with 11,502 BTC going to a new wallet and the remaining portion transferred to a hot wallet. This movement occurred after a transfer of BTC worth $1.07 billion at the beginning of March and a subsequent transaction of $15 million (CoinDesk, 2024). After the major hack attack in 2014 that led to its bankruptcy, Mt. Gox decided to make BTC and Bitcoin Cash (BCH) payments to creditors and has begun repayments that will last from July 2024 to October 2025 (Reuters, 2024).
THE CRYPTO REVOLUTION IN SINGAPORE... #elg #escoin #btc #doge #MasterTheMarket #elg ESCOINTOKEN The Singapore Exchange (SGX) plans to launch Bitcoin perpetual futures contracts aimed solely at institutional and professional investors in the second half of 2025. This move aims to solidify Singapore's leading position in the digital asset ecosystem while providing a regulated entry into the crypto derivatives markets. An SGX spokesperson stated that this product will "significantly expand institutional market access" (Bloomberg, 2025). The product is subject to approval by the Monetary Authority of Singapore (MAS) and will be closed to individual investors. Thus, the goal is to provide a regulated and secure trading environment, creating an alternative to controversial platforms from a regulatory perspective.
MT. GOX’S NEW BTC TRANSFERS .... #Mt.Gox #elg #TradingAnalysis101 #escoin Mt. Gox has caused unease in the cryptocurrency market with its recent high-volume Bitcoin (BTC) transfers. It has been reported that approximately 11,834 BTC were transferred, of which 11,502 BTC were moved to a new wallet, while the remaining part was transferred to a hot wallet. This movement occurred after a BTC transfer worth $1.07 billion at the beginning of March and a subsequent transaction of $15 million (CoinDesk, 2024). After the major hack attack in 2014, Mt. Gox, which went bankrupt, decided to make BTC and Bitcoin Cash (BCH) payments to creditors and has begun repayments that will last from July 2024 to October 2025 (Reuters, 2024).
UTAH SENATE CRYPTO TRANSFORMATION.... #utah #elg #BinanceSmartTrader #escoin The Utah Senate has approved the HB230 bill titled “Blockchain and Digital Innovation Amendments.” The bill aims to legalize activities such as Bitcoin mining, cryptocurrency asset custody, and staking for state citizens, while the provision in the original bill that allowed the state treasury to use 5% of public funds as Bitcoin reserves was removed (Uzmancoin, 2025; Neuron Expert, 2025). Thus, Utah continues to take pioneering steps in the integration of digital assets into the legal framework. This development is in parallel with the increase in legislative initiatives regarding crypto reserves across the United States. While states such as Montana, Arizona, Texas, North Dakota, Wyoming, South Dakota, and Pennsylvania exhibit different approaches in this area, Utah's move has been generally welcomed positively in the market (Haberler.com, 2025).