23.10.2024 CRYTPO AND FOREX DEVELOPMENTS

💫Bitcoin is trading at $67,085, down 0.9% at the time of writing, and at 2,169,994 TL against the Turkish lira.
Ethereum (ETH) down 1.3

💫The dollar index (DXY) is hovering at 104.16.
Bitcoin’s market capitalization is around $ 1.32 trillion, while the total value of the cryptocurrency market is around $ 2.42 trillion.
The 24-hour cryptocurrency market volume is hovering around $91 billion.

💫Dolar/TL is up 0.03% at 34.24 and the Euro/TL pair is up 0.01% at 36.9.

💫In the last 24-hour period, $ 118 million was liquidated from the cryptocurrency market, while more than 55 thousand cryptocurrency investors were affected.
While long positions accounted for 73% of the liquidated positions, the most liquidation took place in Bitcoin (BTC).

⚡️LF In collaboration with Decentralized Trust, the GalaChain Decentralization Whitepaper has been published.
The network will be decentralized in four phases.
GALA Coin price was not affected by the announcement.

Ethereum (ETH) Record on ⚡️Base Network

Base’s bridge contract reached 623,130 ETH.
Coinbase’s support and Superchain integration are at the forefront.

💥According to CryptoQuant data, individual investor demand has increased by 13% in the last 30 days.

💥Binance announced that it will remove ALGO/FDUSD, CHR/ETH, DGB/BTC and GMX/BTC trading pairs on October 25, 2024 due to low trading volume and liquidity.

💥No sale

According to Arkham analysts, these wallet movements by Tesla were merely wallet rotations and these Bitcoins still belong to Tesla.

😂 Binance Comment from Notcoin Founder on Telegram: They’re Jealous of Teams!

⚡️Ripple took a critical step in the SEC case.
Form C filing is required by October 24.
XRP price is expected to rise.

💥On October 22, spot Bitcoin ETFs saw outflows of $79 million. Spot Ethereum ETFs saw net inflows of $12 million.

💥Garanti BBVA announced a partnership with Ripple and IBM to provide a more secure environment on its crypto asset trading platform.

💥💥DELIST

Binance announced that it will delist Rupiah Token (IDRT), Keep3rV1 (KP3R), Ooki Protocol (OOKI) and Unifi Protocol DAO (UNFI) on November 6, 2024.

💥Binance announced that it has completely terminated the “Referral Program” for its users in Turkey in line with local regulations.
New referral codes will no longer be available, but commissions earned on existing codes will not be affected.
Binance emphasized that there will be no changes to its other services.

💥Let’s go 🙂

The opening of options on spot Bitcoin ETFs will increase Bitcoin’s volatility, according to analysts.

The U.S. Securities and Exchange Commission (SEC) last Friday granted NYSE American LLC and Cboe Exchange, Inc. approval to list and trade options on several spot Bitcoin exchange-traded funds (ETFs).

💥Bybit announces to list #GOAT on futures.

💥SEC Chairman Gary Gensler celebrated Bitcoin’s 16th anniversary while emphasizing that he will not change his current enforcement-focused regulatory approach to cryptocurrency markets.

US Securities and Exchange Commission (SEC) Chairman Gary Gensler continues to send mixed messages on his stance on cryptocurrencies

💥Bitcoin spot ETFs experienced a total net outflow of $79.09 million on October 22, the first net outflow after the net inflow in the last 7 days.

The cumulative total net inflow into Bitcoin ETFs since they opened for trading on January 11 is $21.15 billion. The total net assets of these ETFs stand at $65.12 billion.

Ethereum spot ETFs saw net inflows of $11.94 million on October 22.

Cumulative total net outflows from Ethereum spot ETFs decreased to $448.85 million. These ETFs had $7.26 billion in assets under management.

💥Binance announced that it will support the upcoming Viction (VIC) network upgrade and Hard Fork scheduled to take place on October 29, 2024 at a block height of 86,158,494.

💥💥Altcoin Caught Fire! Incineration Rate Increased by 6750%!

Shiba Inu burn rate increased by 6750%.
The community supports the $0.01 price target.
Ecosystem developments raise hopes for the future.

💥Speculative news is customary when BTC is in correction😁

India’s regulators are considering banning private cryptocurrencies like Bitcoin and Ethereum in favor of CBDCs.

The consensus emerging from the discussions is that the risks of cryptocurrencies, including stablecoins, outweigh the benefits and that CBDCs can do “everything cryptos do” and even more.

💥Nigeria has withdrawn its money laundering case against Binance executive Tigran Gambaryan.
Gambaryan had been in custody since April and his lawyer stated that his client had no role in financial decisions.

💥HBO’s “Money Electric: The Bitcoin Mystery” series, Peter Todd said he had to go into hiding due to security concerns, emphasizing that ordinary people with ordinary wealth claiming to be extraordinarily wealthy exposes them to threats such as robbery and kidnapping.

The cryptographer and early Bitcoin contributor said that the reason he took part in the documentary was to tell the history of Bitcoin and that he did not think it was an attempt to expose it.

💥Investors beware, there are only three memecoins that Upbit can list!

Pepecoin (PEPE), Bonk (BONK) and Brett (BRETT)

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cryptoANDforex

cryptoANDforex

is a writer and content creator known for their expertise in the fields of cryptocurrency and forex trading. They produce informative articles, guides, and analysis that help both novice and experienced traders understand market trends, trading strategies, and investment opportunities.

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