BIDEN THANKS NIGERIAN PRESIDENT FOR RELEASING BINANCE EXECUTIVES

President Joe Biden has expressed gratitude to Nigerian President Bola Tinubu for releasing Tigran Gambaryan, Binance's head of financial crime compliance, who was detained in Nigeria for eight months. Gambaryan, a former IRS special agent, was arrested in February alongside his colleague Nadeem Anjarwalla after arriving in Abuja to discuss Binance's activities and alleged "suspicious flows" at the exchange .

Gambaryan's health had been deteriorating during his imprisonment, with reports of pneumonia, malaria, and spinal issues. His repeated requests for bail were denied, with authorities citing flight risk concerns .

The charges against Gambaryan, including tax evasion and money laundering, were eventually dropped in June and October, respectively. Following his release on October 23, Gambaryan returned to the US for medical treatment .

Biden's appreciation for Gambaryan's release was conveyed during a call with President Tinubu, highlighting the international attention and diplomatic efforts surrounding the case .

BIDEN THANKS NIGERIAN PRESIDENT FOR RELEASING BINANCE EXECUTIVES

President Joe Biden has expressed gratitude to Nigerian President Bola Tinubu for releasing Tigran Gambaryan, Binance's head of financial crime compliance, who was detained in Nigeria for eight months. Gambaryan, a former IRS special agent, was arrested in February alongside his colleague Nadeem Anjarwalla after arriving in Abuja to discuss Binance's activities and alleged "suspicious flows" at the exchange .

Gambaryan's health had been deteriorating during his imprisonment, with reports of pneumonia, malaria, and spinal issues. His repeated requests for bail were denied, with authorities citing flight risk concerns .

The charges against Gambaryan, including tax evasion and money laundering, were eventually dropped in June and October, respectively. Following his release on October 23, Gambaryan returned to the US for medical treatment .

Biden's appreciation for Gambaryan's release was conveyed during a call with President Tinubu, highlighting the international attention and diplomatic efforts surrounding the case .

Veteran Analyst Reveals the Date He Claims Cardano (ADA) Price Will Pump

Veteran analysts have been sharing their predictions on Cardano's (ADA) price movement, but I couldn't find specific information on a date when the price will pump. However, I can provide some insights on Cardano's current market performance and factors that might influence its price.

Cardano's price has been experiencing fluctuations, with a current price of $0.35 .

The market capitalization stands at $12.2 billion, and the circulating supply is 35.0 billion ADA #. Some analysts consider Cardano's proof-of-stake consensus protocol and layer-2 scalability solution, Hydra, as positive factors for its growth .

Key Factors Influencing Cardano's Price:

Adoption and Use Cases: Increased adoption in various sectors, such as agriculture and education, could drive up demand .

Competition with Other Cryptocurrencies_: Cardano's unique features, like its proof-of-stake protocol, might attract investors looking for sustainable options .

Regulatory Environment: Changes in regulations could impact Cardano's price and overall market sentiment .$ADA

THIS IS WHAT WILL HAPPEN IN THE CRYPTO SPACE ,IF TRUMP WINS THE US PRESIDENTIAL ELECTION

If Donald Trump wins the US presidential election, the crypto space may experience significant changes. Trump has expressed support for the crypto industry, promising to transform the US crypto landscape if elected . He has pledged to fire SEC Chairman Gary Gensler, who has been criticized by the crypto community for his regulatory approach. Trump also aims to make America the "Bitcoin mining powerhouse" of the world and create a strategic Bitcoin stockpile .

Potential Implications for Crypto:

Increased Adoption: Trump's pro-crypto stance could lead to increased adoption and mainstream acceptance of cryptocurrencies.

Regulatory Clarity: Trump's administration may provide clearer regulations and guidelines for the crypto industry, which could boost investor confidence

Market Volatility: Trump's unpredictable nature and potential policy changes could lead to market fluctuations and volatility.

On the other hand, Kamala Harris's stance on crypto is less clear, and her advisors have been described as crypto skeptics .

This uncertainty could lead to a more cautious approach to crypto regulation.

Key Factors to Watch:

Regulatory Environment: Changes to regulations and laws governing crypto could significantly impact the industry.

Market Sentiment: Investor confidence and market sentiment may shift based on Trump's policies and actions.

Global Reaction: The international community's response to Trump's crypto policies could influence the global crypto market.

Can Bitcoin Surpass $100,000 Soon?

Bitcoin's potential to surpass $100,000 is a topic of much debate among experts. According to Deribit, a prominent exchange, the probability of Bitcoin reaching $100,000 by the end of December is less than 10% . However, some analysts, like Matt Hougan, CIO of Bitwise, and Max Keiser, a Bitcoin maximalist, predict that Bitcoin will not only surpass $100,000 but also reach as high as $220,000 .

Key Factors Driving Bitcoin's Price:

Institutional Interest: Increased adoption and investment from institutional players

On-Chain and Macroeconomic Factors: Favorable economic conditions and growth in global money supply

Election and Economic Stimulus: The upcoming US presidential election and potential economic stimulus packages

Halving Supply Shock: The reduction in Bitcoin's supply due to the halving event

While some experts are optimistic about Bitcoin's potential, others remain cautious. The options market suggests a 22% swing in prices in either direction by December's end, indicating potential volatility .

Predictions and Forecasts:

Jamie Coutts, chief cryptocurrency analyst at Real Vision, predicts Bitcoin may exceed $100,000 in the current cycle

Max Keiser forecasts Bitcoin reaching $220,000, citing the correlation between gold and Bitcoin price

WHICH CRYPTOCURRENCY WILL TAKE THE LEAD THIS 2024

Bitcoin (BTC): The oldest and most popular crypto, known for its stability and wide adoption, with a market capitalization of $1.34 trillion and a current price of $67,626.31 .

Ethereum (ETH): A dominant force in the crypto market, with a market capitalization of $304.9 billion and a current price of $2,533.32, offering smart contract functionality and decentralized applications .

Binance Coin (BNB): A fast and low-cost token powering the BNB Chain ecosystem, with a market capitalization of $86.26 billion and a current price of $591.1 .

Solana (SOL): A scalable blockchain platform with a transaction speed of 65,000 per second, a market capitalization of $81.2 billion, and a current price of $172.56 .

Ripple (XRP): Focused on payment solutions for banks and financial institutions, with a market capitalization of $29.8 billion and a current price of $0.5251 .

Dogecoin (DOGE): A popular memecoin with a strong community, a market capitalization of $20.26 billion, and a current price of $0.1383 .

Polkadot (DOT): A protocol enabling interoperability between blockchains, with a market capitalization of $6.27 billion and a current price of $4.15 .

SHIBA INU (SHIB): Another popular memecoin with a valuable brand, a market capitalization of $10.41 billion, and a current price of $0.00001767 .

Cardano (ADA): A decentralized blockchain project with a market capitalization of $12.02 billion and a current price of $0.3436 .

Avalanche (AVAX): A fast and decentralized platform with a market capitalization of $10.78 billion and a current price of $26.49 [1).

Keep in mind that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.

ELON MUSK WARNS AGAINST US DEBT RISK

Elon Musk's warning about the US debt risk has sparked concerns about its potential impact on the global economy and Bitcoin. The growing national debt, which has reached $35.3276 trillion, poses a significant threat to economic stability .

Musk's warning highlights the unsustainable growth of national debt, which could lead to a crisis .

In this scenario, Bitcoin may emerge as a refuge against inflation and economic uncertainty. As trust in fiat currencies erodes, decentralized cryptos like Bitcoin, shielded from government manipulations, could see their price soar to new heights .

Some experts even predict that Bitcoin could rival or surpass gold in terms of performance.

However, this rise of Bitcoin is not without risks. If the crypto market thrives in response to the crisis, it could also amplify the volatility of these assets. Although Bitcoin was designed to withstand inflation, its massive adoption could lead to excessive speculation and create new financial bubbles .

Potential Implications for Bitcoin:

Increased Adoption: Bitcoin may become a more attractive option for investors seeking refuge from economic uncertainty.

Price Volatility: The crypto market's response to the crisis could amplify Bitcoin's price fluctuations.

Inflation Hedge: Bitcoin's decentralized nature and limited supply could make it an attractive hedge against inflation.

Keep in mind that the relationship between US debt risk and Bitcoin's performance is complex and influenced by various factors.

TON HOLDERS COULD SURPASS ETH HOLDERS BY DECEMBER 2024

TON holders may surpass ETH holders by December 2024, according to recent analyses .

This prediction is based on the rapid growth of TON holders, with an average of 500,000 new holders daily over the past month .

As of October 26, 2024, TON has approximately 113.71 million addresses, while Ethereum has around 309.32 million .

Key Factors Contributing to TON's Growth:

-Rapid Adoption: TON's address growth rate is 210 times faster than Ethereum's .

Increasing Demand: Despite market fluctuations, TON's demand remains strong.

Declining Volatility: TON's Sharpe Ratio is falling, indicating decreased risk and a more favorable risk-return balance .

Potential Outcomes:

TON holders may surpass ETH holders by December 2024 if the current growth rate persists .

-A potential slowdown in TON's growth rate or an increase in ETH holders could delay this milestone .

Keep in mind that cryptocurrency markets are highly unpredictable, and actual outcomes may vary.$TON $ETH
$TON

Analyst Predicts Solana Will Surpass All-Time Highs

Analysts predict that Solana's price could surge to new highs if Ethereum reaches $10,000, with potential targets of $1,000 or $581 .

This is due to the strong correlation between Solana and Ethereum, with a correlation coefficient of 0.79, meaning that when Ethereum rises, Solana typically follows .

Key Factors Influencing Solana's Price:

Ethereum's Price: If Ethereum breaks the $10,000 mark, Solana's price could increase substantially .

Correlation with Ethereum: Solana's price tends to follow Ethereum's, with a correlation coefficient of 0.79 .

Bullish Patterns: Solana's weekly chart shows two bullish scenarios, including a bull pennant and Fibonacci retracement, which could push the price to $365 or higher.

Potential Price Targets:
$1,000, representing a 484% increase from current levels .

$581, reflecting a 239.78% increase, based on the correlation with Ethereum .

Keep in mind that cryptocurrency markets are highly volatile, and predictions should not be taken as investment advice .

POSSIBLE REASON WHY EXPERT COMPARE XRP TO NETFLIX SAYS"BUY AND HOLD".

XRP, a leading cryptocurrency, and Netflix, a pioneering streaming service, may seem like vastly different entities, but the expert's analogy likely highlights their potential for long-term growth.

Here are possible reasons behind the comparison:

1. Disruption and innovation: Netflix revolutionized the entertainment industry, while XRP is poised to transform cross-border payments and the financial landscape.

2. Scalability: Netflix expanded globally, and XRP's fast and low-cost transactions make it an attractive option for international payments.

3. Adoption: As Netflix gained widespread acceptance, XRP's growing partner network and use cases could propel its adoption.

4. Resilience: Netflix weathered competition and market fluctuations; XRP's strong fundamentals and loyal community may help it navigate crypto market volatility.

Considering these factors, the expert's "buy and hold" advice suggests confidence in XRP's potential for long-term appreciation, similar to Netflix's remarkable growth over the years. However, cryptocurrency investments are subject to significant risks, and it's essential to conduct thorough research and consult financial experts before making investment decisions.

WHAT'S HAPPENS TO SEIZED CRYPTOCURRENCY

Seized cryptocurrency typically goes through the following process:

1. Identification and freezing: Law enforcement agencies identify and freeze cryptocurrency assets linked to illegal activities, such as money laundering, fraud, or other crimes.

2. Wallet transfer: The seized cryptocurrency is transferred to a secure wallet controlled by the seizing authority.

3. Storage and management: The cryptocurrency is stored in a secure environment to prevent theft or loss.

4. Auction or sale: Once legal proceedings conclude, seized cryptocurrency may be sold or auctioned off.

5. Distribution of funds: Proceeds from the sale are typically used to:

- Compensate victims
- Cover investigative and legal costs
- Support government programs or initiatives

Notable examples include:

- 2020: US authorities seized $1 billion in Bitcoin linked to Silk Road.

- 2022: DOJ seized $3.6 billion in Bitcoin and arrested couple for laundering funds tied to 2016 Bitfinex hack.

The process varies depending on jurisdiction and specific laws.

THIS IS WHY RETAIL BITCOIN INVESTOR ARE LAGGING👇👇

Lack of Knowledge and Experience:

1. Cryptocurrency markets are complex and volatile.

2. Retail investors may not fully understand Bitcoin's underlying technology, market dynamics, or risk management strategies.

Information Asymmetry:

1. Institutional investors have access to better research, analysis, and market data.

2. Retail investors may rely on social media, online forums, or biased news sources.

Emotional Decision-Making:

1. Retail investors are more likely to make impulsive decisions based on emotions (e.g., FOMO or fear).

2. Institutional investors typically have a more disciplined, long-term approach.

Limited Access to Investment Tools:

1. Institutional investors have access to advanced trading platforms, algorithms, and derivatives.

2. Retail investors may face limitations in terms of leverage, liquidity, or hedging options.

Regulatory Uncertainty:

1. Changing regulations and legal frameworks can impact Bitcoin's price and investor confidence.

2. Retail investors may struggle to navigate complex regulatory environments.

Risk Management:

1. Institutional investors have sophisticated risk management strategies.

2. Retail investors may not adequately diversify their portfolios or manage risk.

To overcome these challenges, retail investors can:

1. Educate themselves on Bitcoin and cryptocurrency markets.

2. Develop a long-term investment strategy.

3. Diversify their portfolios.

4. Use reputable sources for information.

5. Consider seeking professional advice.

Switzerland Honors Satoshi Nakamoto with New Statue in Lugano

Switzerland is indeed honoring Satoshi Nakamoto, the mysterious creator of Bitcoin, with a new statue in Lugano. The statue was unveiled at the 3rd Annual Plan ₿ Forum held at Villa Ciani, bringing together leaders from the blockchain industry, government officials, and Bitcoin enthusiasts .

Designed by artist Valentina Picozzi, the life-sized statue features a unique design that gradually fades from view as people change their perspective, symbolizing Nakamoto's decision to step back from public life after creating Bitcoin .

According to Michele Foletti, the Mayor of Lugano, "This statue honors Satoshi Nakamoto but also embodies the forward-thinking spirit that drives our city." He also expressed pride in the city's role in supporting blockchain technology and digital assets .

The unveiling ceremony was attended by prominent figures in the crypto world, including Nick Szabo, Adam Back, Samson Mow, Anthony Scaramucci, and Paolo Ardoino .

The event aimed to discuss Bitcoin adoption, economics, financial freedom, and freedom of speech.

This tribute is a significant recognition of Nakamoto's impact on the world of finance and technology, and Lugano's commitment to embracing innovation and cryptocurrency.
#Bitcoin❗

THIS IS WHY RETAIL BITCOIN INVESTOR ARE LAGGING👇👇

Lack of Knowledge and Experience:

1. Cryptocurrency markets are complex and volatile.

2. Retail investors may not fully understand Bitcoin's underlying technology, market dynamics, or risk management strategies.

Information Asymmetry:

1. Institutional investors have access to better research, analysis, and market data.

2. Retail investors may rely on social media, online forums, or biased news sources.

Emotional Decision-Making:

1. Retail investors are more likely to make impulsive decisions based on emotions (e.g., FOMO or fear).

2. Institutional investors typically have a more disciplined, long-term approach.

Limited Access to Investment Tools:

1. Institutional investors have access to advanced trading platforms, algorithms, and derivatives.

2. Retail investors may face limitations in terms of leverage, liquidity, or hedging options.

Regulatory Uncertainty:

1. Changing regulations and legal frameworks can impact Bitcoin's price and investor confidence.

2. Retail investors may struggle to navigate complex regulatory environments.

Risk Management:

1. Institutional investors have sophisticated risk management strategies.

2. Retail investors may not adequately diversify their portfolios or manage risk.

To overcome these challenges, retail investors can:

1. Educate themselves on Bitcoin and cryptocurrency markets.

2. Develop a long-term investment strategy.

3. Diversify their portfolios.

4. Use reputable sources for information.

5. Consider seeking professional advice.

WILL BITCOIN REACH A NEW ALL TIME HIGH?

Bitcoin's potential to reach an all-time high is a topic of much debate. As of October 25, 2024, Bitcoin's current price is $67,766.30, with a market capitalization of $1.3 trillion .

While past performance is not indicative of future results, it's worth noting that Bitcoin has previously reached an all-time high of $73,780.07.

Factors Influencing Bitcoin's Price:

Increased Adoption: Growing demand and acceptance of Bitcoin as a store of value and medium of exchange could drive up its price.

Global Economic Conditions: Economic uncertainty, inflation, and interest rates can impact Bitcoin's attractiveness as a safe-haven asset.

Regulatory Environment: Clearer regulations and guidelines could boost investor confidence and increase adoption.

Expert Insights:

Some experts believe that Bitcoin's limited supply and growing demand could lead to increased value over time . Others argue that Bitcoin's volatility and lack of intrinsic value make it difficult to predict its future price.#All_Time_High

"I SHOULD HAVE BOUGHT BITCOIN WHEN IT'S WAS STILL A DOLLAR".

Many people share this sentiment, wishing they had invested in Bitcoin earlier.

To put things into perspective:

2010: Bitcoin's price was around $0.06-$0.10 (not exactly $1, but still very low).

2011: Price surged to $31, then dropped to $2.

2017: Price skyrocketed to $19,666.

2020: Price fluctuated, reaching $64,804 in 2021.

If you had invested:

$100 in 2010: Worth around $650 million today (assuming you didn't sell).

$1,000 in 2011: Worth around $20 million today.

Remember, investing in cryptocurrency carries risks, and its value can fluctuate rapidly.

Instead of dwelling on missed opportunities, consider:

1. Educating yourself on cryptocurrency and blockchain.

2. Setting a budget and diversifying your investments.

3. Exploring other emerging technologies and assets.

Don't let FOMO (fear of missing out) drive your investment decisions. Make informed choices based on your financial goals and risk tolerance.

"NO TO BITCOIN "SAYS MICROSOFT

Shareholders should not invest in Bitcoin

Microsoft is urging its shareholders to reject a proposal to invest in Bitcoin, citing that it's unnecessary since the company's management already considers this topic .

The proposal, submitted by the National Center for Public Policy Research, suggests that Microsoft should invest at least 1% of its assets in Bitcoin, highlighting MicroStrategy's successful Bitcoin investment strategy as an example .

However, Microsoft's board of directors recommends voting against this proposal, emphasizing that the company has strong and appropriate processes in place to manage its corporate treasury for the long-term benefit of shareholders . The board also notes that Bitcoin's volatility makes it unsuitable for corporate treasuries, which require stability and predictability to maintain liquidity and support operations .

Despite this, Microsoft will still allow shareholders to vote on the proposal on December 10, 2024 . It's worth noting that Microsoft isn't entirely opposed to cryptocurrency, as evidenced by its plans to expand support for crypto wallets across its next-generation hardware products .

IF I GIVE YOU MY BITCOIN , WHAT WILL I GET IN RETURN
Let me see your reply in the comments section 👇👇

WHY YOU SHOULD NEVER SELL YOUR BITCOIN

Donald Trump, the former U.S. President, has made some bold statements about Bitcoin. At a Bitcoin conference, he urged people to hold onto their Bitcoin, saying "Never sell your Bitcoin" .

He also vowed to establish a "strategic BTC stockpile" if re-elected . This move could potentially boost Bitcoin's value and legitimacy.

Trump's stance on Bitcoin is quite supportive, and he's even mentioned that he wouldn't sell American Bitcoin assets if he becomes President again . This is a significant shift from the previous administration's more cautious approach to cryptocurrency.

It's worth noting that Trump has also been involved in his own crypto venture, World Liberty Financial (WLF), which is set to sell its WLFI tokens . This move has sparked interest in the crypto community, especially with the upcoming U.S. presidential election.

Overall, Trump's statements and actions suggest a pro-Bitcoin stance, which could have significant implications for the cryptocurrency market.

"NO ONE TOLD ME THIS ON TIME".

Do this to grow your income in the Crypto market 👇👇

1. Educate yourself: Continuously learn about the market, trends, and technologies.

2. Diversify: Spread investments across asset classes, sectors, and risk levels.

3. Invest for the long term: Focus on long-term growth rather than short-term gains.

4. Stay informed: Follow market news, trends, and analysis.

5. Set clear goals: Define your investment goals and risk tolerance.

6. Develop a strategy: Based on your goals, create a tailored investment plan.

7. Use risk management tools: Leverage stop-loss orders, limit positions, and diversification.

8. Explore alternative income streams: Consider staking, lending, or yield farming.

9. Stay adaptable: Be prepared to adjust your strategy as the market evolves.

10. Consult experts: Seek advice from experienced investors, analysts, or financial advisors.

11. Keep emotions in check: Avoid impulsive decisions based on fear or greed.

12. Monitor and adjust: Regularly review your portfolio and rebalance as needed.

Remember, growing income in the crypto market involves patience, discipline, and continuous learning.