investors

#investors $BTC
$ETH
$SOL

One of the largest asset managers in the world, BlackRock, with $10.5 trillion in assets under management, noted the prospects of AI and bitcoin as a diversifiable asset in its report 'Global Forecast for 2025'.

AI is stronger than the industrial revolution

Artificial intelligence can not only increase efficiency in certain tasks but also accelerate the generation of new ideas and discoveries with far-reaching implications for economic growth and structure. Such transformation could surpass the industrial revolution, the document states.

Ether Futures Skyrocket Amid ETF Approval Anticipation….

The ether $ETH futures market has reached unprecedented heights, with open interest soaring by 25% in just one day. This significant surge signals growing investor confidence that the U.S. Securities and Exchange Commission (SEC) might soon approve spot ether exchange-traded funds (ETFs).
Unprecedented Growth in Ether Futures Market
The dollar value locked in active ether futures contracts, known as notional open interest, jumped to an all-time high of $14.05 billion within 24 hours. This surpasses the previous peak of $13.2 billion recorded on March 15. The sharp increase highlights a fresh wave of capital flowing into the ether market, predominantly on the bullish side.
Investor Sentiment Turns Bullish
This surge in open interest comes as ether, the second-largest cryptocurrency by market capitalization, saw its price rise by nearly 19%, reaching $3,680 based on #cryptomarket data. Typically, an uptick in open interest along with a price increase confirms a robust uptrend, indicating strong market sentiment.
ETF Approval Likelihood Boosts Market Confidence
The optimism around ether ETFs has been significantly bolstered by recent developments. Bloomberg’s ETF analysts have dramatically increased the likelihood of the #SEC of #usa approving spot ETH ETFs, raising the probability from 25% to 75%. This positive shift is largely driven by reports that the SEC has requested exchanges seeking to list and trade potential spot ether ETFs to expedite their 19b-4 filings. This request is viewed as a clear indication that the regulator is looking to fast-track the approval process.
Market Implications of Potential ETF Approval
The potential approval of spot ETH ETFs a game-changer for the cryptocurrency market. ETFs are seen as more accessible investment vehicles for both retail and institutional investors, potentially leading to a significant influx of capital into ether. This increased accessibility could drive higher demand and further price appreciation for $ETH .
What’s Next for Ether Futures and ETFs?
As the market awaits the SEC’s decision, the current bullish trend in ether futures suggests that investors are positioning themselves for a positive outcome. The surge in notional open interest is a testament to the heightened expectations and confidence among market participants.
In summary, the ether futures market has hit a record $14.05 billion in open interest, fueled by growing optimism about the potential approval of spot #EthereumETF . With the SEC seemingly accelerating the approval process, the cryptocurrency market could be on the brink of a significant transformation, paving the way for greater #investors participation and potential price increases for $ETH .

In the Forcount Ponzi scandal, U.S. courts sentenced cryptocurrency marketer Juan Tacuri to 20 years in prison for his role in a fraudulent scheme masquerading as a #CryptoMining venture. This scam targeted thousands of #investors , particularly in Hispanic communities across the United States. Originally from #Germany , Tacuri helped launch Weltsys, which lured victims with enticing promises of high returns while draining their #Accounts . The scheme led to millions in losses, which Tacuri used to purchase luxurious properties. In addition to his prison sentence, the court ordered him to return $3.6 million and provide restitution to his victims, highlighting the need for vigilance against investment fraud.
#MemeCoinTrending

Story Highlights
$FLOKI
could soar by 20% to reach the $0.000175 level if it closes a daily candle above the $0.000147 level.
66% of Binance #traders went long on #FLOKI? , while 34% took short positions.
FLOKI’s future open interest remained unchanged in the past 24 hours, despite the market reversal.
The popular meme coin Floki (FLOKI) is poised for a significant upside rally but is currently facing strong resistance. After a recent price decline of over 25%, the #memecoin🚀🚀🚀 is trying to rally, unlike major cryptocurrencies like Popcat (POPCAT), dogwifhat ($WIF
), and others. However, due to the strong resistance, it is struggling.
FLOKI #TechnicalAnalysis and Upcoming Levels
According to expert technical analysis, FLOKI is just a step away from its massive rally. It is currently facing resistance from the 200 Exponential Moving Average (EMA) on the daily time frame.

Source: Trading View
Based on the historical price momentum, if FLOKI breaks out from the 200 EMA and closes a daily candle above the $0.000147 level, there is a strong possibility it could soar by 20% to reach the $0.000175 level in the coming days. 
However, FLOKI’s Relative Strength Index (RSI) is currently in oversold territory, which signals a bullish price reversal in the coming days.
FLOKI’s On-Chain Metrics
Despite a positive outlook, FLOKI’s on-chain metrics suggest a mixed sentiment. According to on-chain analytics firm Coinglass, FLOKI’s Long/Short ratio currently stands at 1.048, indicating a bullish market sentiment among traders. A ratio value above 1 is considered a positive sign.

Source: Coinglass
However, traders on Binance appear very bullish on FLOKI. In the past four-hour 66% of traders went long on the meme coin, while 34% took short positions.
Additionally, FLOKI’s future open interest remained unchanged in the past 24 hours, despite the market reversal. This stable open interest hints that #investors are potentially afraid to build a new position until it breaks the 200 EMA resistance level.
Current Price Momentum 
At press time FLOKI is trading near $0.000143 and has experienced a price surge of over 2% in the past 24 hours. Despite this decent price increase, participation from investors and traders has skyrocketed, as its trading volume jumped by 70% during the same period.

#investors #uselections #Trump2024 #BTC #BinanceEverywhere

Introduction

QCP Capital, renowned for its in-depth cryptocurrency analyses, has released a new market report highlighting a notable trend: investors are gravitating towards safer assets as the U.S. presidential elections approach. The analysis reveals that the recent debate between Donald Trump and Kamala Harris failed to provide clear economic policy insights, leading to growing disappointment and apprehension in the cryptocurrency market.

Shift Towards Safer Assets as Elections Loom

QCP Capital’s analysis indicates that despite Kamala Harris appearing to gain more favor than Donald Trump in public opinion polls following their debate, neither candidate presented a clear economic vision. This uncertainty is prompting investors to consider shifting their portfolios towards safer asset classes to mitigate the risks associated with the unpredictable political climate.
This shift away from riskier assets suggests a cautious outlook for Bitcoin (BTC) at $56,561.91 and other altcoins, as the lack of a definitive policy direction from leading political figures fuels market instability.

Attention Turns to Inflation Metrics

In the wake of the Trump-Harris debate, market attention has turned to the upcoming Consumer Price Index (CPI) data release, scheduled for today at 3:30 PM TSI. Current expectations predict a decrease in CPI from the previous 2.9% to 2.55%. However, QCP Capital posits that there may be an upward surprise in the CPI figures, which could impact market sentiment.
The firm notes that while CPI data remains important, its influence might be overshadowed by recent shifts in focus towards employment market data, which has become a critical economic indicator in recent months.
QCP Capital’s trading strategy reflects a cautious approach in light of the prevailing macroeconomic uncertainties. The company is focusing on investment structures that could offer returns in bullish scenarios but remains vigilant due to the current lack of clear guidance. Despite these uncertainties, QCP Capital remains hopeful that clarity may emerge in the fourth quarter, potentially offering a more defined investment path for the future.

Story Highlights
$XRP
could soar by 20% to reach the $0.65 level if it closes a daily candle above the $0.55 level.
XRP’s trading volume has skyrocketed by 90%, suggesting strong participation from #investors and #traders .
Bulls have placed over $8.45 million worth of long positions believing the market will not fall below the $0.53 level.
Despite price consolidation within a tight range at a support level, it appears that #Xrp🔥🔥 bulls are back in the market as its trading volume skyrockets. On October 7, 2024, most top cryptocurrencies experienced a notable price surge, but XRP’s price has remained stable over the past 24 hours.
XRP Current Price Momentum 
Currently, XRP is trading near $0.538 and has experienced a modest price surge of 0.75% in the past 24 hours. During the same period, its trading volume has skyrocketed by 90%, suggesting strong participation from investors and traders, which is a positive sign for #XRPHolders .
XRP #TechnicalAnalysis and Upcoming Levels
According to expert technical analysis, XRP appears bullish but has been stuck in a consolidation zone between $0.512 and $0.545 for the past five trading days. Based on recent performance, whenever XRP’s price reaches this level, it tends to experience a 20% rally.

Source: Trading View
However, if XRP breaks out of this consolidation zone and closes a daily candle above the $0.55 level, there is a strong possibility it could soar by 20% to reach the $0.65 level in the coming days. 
This bullish outlook is further supported by, XRP’s Relative Strength Index (RSI), which is currently in an oversold territory which signals a potential bullish price reversal in the coming days. However, it is still trading below the 200 Exponential Moving Average (EMA) on the daily time frame, indicating a downtrend. 
Bullish On-Chain Metrics 
Apart from technical analysis, XRP’s on-chain metrics also support this bullish outlook. According to the on-chain analytics firm Coinglass, the major liquidation levels are at $0.53 and $0.563 as traders are over-leveraged at these levels.

Source: Coinglass
However, data shows that bulls have placed over $8.45 million worth of long positions believing the market will not fall below the $0.53 level. 
In addition, XRP’s future open interest has increased by 3.75% over the past 24 hours and has been steadily increasing, indicating growing trader interest, with many likely betting more on long positions.

Potential major regulatory changes for the #cryptocurrencymarket are being actively discussed in #SouthKorea this week. The Financial Service of Korea (FSC) is considering lifting the ban on spot ETFs, as well as allowing institutional investors to open accounts on #exchanges . These moves signal a softening of the supervisory authorities' stance towards digital assets and their integration into traditional finance. Since 2018, institutional players have been unable to trade cryptocurrencies due to strict requirements.

At the same time, cryptocurrency is increasingly being incorporated into Korea's legislative processes. According to the norms of the Civil Code, digital assets can be divided between spouses in the process of divorce. The Supreme Court of Korea already in 2018 recognized cryptocurrencies as intangible assets, which allows them to be taken into account in the division of property. Moreover, if one spouse suspects the other of having cryptocurrency accounts, the court can further investigate.

These measures reflect the growing importance of digital currencies as a financial instrument and their increasing use in various spheres of life - from investments to family law. The possible lifting of the ban on spot ETFs will create new opportunities for local investors, especially against the backdrop of the global trend towards the growing popularity of such funds.

In addition, the changes may strengthen South Korea's competitive position in the global cryptocurrency market. This will open up new prospects for the country to develop blockchain technologies and attract foreign investment.

However, it is important to note that despite these positive steps, cryptocurrency markets remain under the scrutiny of regulators. Possible changes will require careful consideration to balance the interests of both #investors and the state, while maintaining the necessary level of protection and transparency.
#MemeCoinTrending

Solana ($SOL
) price has a chance to break out of the current ascending triangle pattern and launch a rally. Institutional will play a key role in this move

Solana (SOL)'s largest holders continue to support the asset. This indicates growing , even despite the overall uncertainty in the market.

Key investors are providing support for Solana

Institutional investors remain optimistic about Solana, even despite outflows from other leading cryptocurrencies. According to a recent report from CoinShares, SOL attracted $5.3 million in investment in the week ending October 4. This figure stands out amid significant outflows from bitcoin and Ethereum during the same period.

Solana is attracting institutional interest even in a bear market. This shows the confidence of major players in the long-term potential of the coin. A steady inflow of institutional investments may become a catalyst for its growth.

The dynamics of Solana is also supported by technical indicators. One of them is the Relative Strength Index (RSI), which indicates a strong uptrend.

Despite the fact that RSI is now below the neutral mark of 50.0, it has a chance to exceed this threshold and enter the growth zone. Such a move would confirm the uptrend and help price break out of the current pattern.

The combination of institutional support and improving technicals makes such a bullish breakout likely. If the breaks above 50.0 and enters a rising zone, it will increase the chances of a SOL rally.

SOL outlook: price is aiming upwards

At the moment, Solana is holding above the important support level of $139. The cryptocurrency is moving within an ascending triangle , which is usually a precursor to a bullish breakout. If successful, the price could rise by 33% and reach $216.

However, for such a breakout, the asset must first overcome the resistance at $161. Given the investments of big players and positive indicators, this scenario seems realistic.

The rally will be confirmed when Solana turns the $184 resistance level into support. However, if SOL fails to break out of the ascending triangle, the price could pullback to $139. The loss of this support will cancel the current pattern and weaken the bullish outlook.

Blockchain protocol #EigenLayer ($EIGEN
), focused on restacking in the Ethereum network, has failed to meet #investors ' expectations, Alex Obchakevich, founder of cryptoanalytics company Obchakevich Research, is convinced.

The researcher emphasized that EigenLayer attracted a lot of attention in its early days and received a whopping $64.5 million from venture capital funds. EigenLayer promised “innovations in liquid staking, providing high returns for users and reliability for investors,” but failed to deliver, Obchakevich emphasized.

He explained that users of the EigenLayer protocol expected significant profits from the placement of their assets, but in fact the amounts were many times lower than expected, which caused a lot of dissatisfaction. For this reason, the transparency of the project was questioned.

In addition, the community suspected insider trading and market manipulation after EIGEN tokens were sold for a whopping $2 billion after #listing on major crypto #exchanges .

Meanwhile, the EIGEN token has soared nearly 7% in the past 24 hours and is up as much as 15.45% in the past seven days. The crypto asset is now trading just 13.5% below its all-time high of $4.53.
#moonbix

The cryptocurrency community is on the edge of a massive rug pull, warned by famous Analyst Nate!!

The upcoming decision on U.S. $BTC ETF has become a focal point of excitement within the crypto community, with potentially far-reaching implications for the market.
Analyst Nate, a prominent figure, has issued a cautionary alert to investors, suggesting that the #cryptocurrency world could experience a monumental price decline if the #BitcoinETF faces rejection.
"If spot bitcoin ETF is not approved in January, might be one of bigger #Rugpull in crypto history," -he noted.
Set for an early January release, this decision carries significant weight as it has the potential to elevate crypto's status within mainstream finance.

The recent surge in Bitcoin's value to $45,000 has been fueled in part by anticipations around the ETF's approval, alongside applications put forth by major players such as #BlackRock and Cathie Wood's Ark Invest.
The positive momentum has been further fueled by various other factors and comes at a consequential time following the FTX collapse.
The active involvement of heavyweight financial institutions like BlackRock and Fidelity has prompted experts to envision substantial growth potential for the industry. Bloomberg Intelligence has gone a step further by predicting a potential influx of over $100 billion in investments into the $BTC ETF market, drawing parallels to the emergence of gold ETFs in the early 2000s.
While the prospects are promising, there are valid concerns looming over the market.

With Bitcoin currently hovering around $40,000, a negative response from the #SEC regarding the ETF could potentially trigger a significant market contraction. It's clear that the industry is delicately positioned, with the SEC's forthcoming decision poised to either provide a propulsive boost or deliver a setback to this burgeoning market. The outcome remains uncertain, leaving the industry and #investors on edge as they await this critical decision.
Despite this warning, Nate remains optimistic about the approval odds, further elevating the anticipation surrounding this pivotal decision.
As we stand on the edge of potential groundbreaking regulatory approval, the anticipation surrounding the U.S. Bitcoin ETF decision signifies a monumental milestone for the crypto market. With the potential for inflows of institutional capital, this development could significantly impact the market dynamics and further solidify Bitcoin's position in mainstream finance.
What do you think about the potential approval of a $BTC ETF and its long-term implications for the crypto market?
We'd love to hear your thoughts and insights on this pivotal development. Speak out your thoughts in the comments section below!