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Bullish
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#Write2Win , #btc , #SUIšŸ”„šŸ”„šŸ”„šŸ”„ {future}(SUIUSDT) {future}(BTCUSDT) ArkhamIntel: The Royal Government of Bhutan has deposited 929 BTC ($66.16M) into Binance. Note that Bhutan has been heavily investing in BTC mining since 2023, mining over $750M in Bitcoin in just over a year. On the negative side, it is possible that they are selling some of their BTC holdings. On the positive side, however, Bhutan is also a Bitcoin miner that needs to sell to fund operations, just like all other miners. Currently, the Royal Government of Bhutan still holds 12,456 BTC ($886.58M). Druk Holding & Investment, Bhutan's investment arm, manages the BTC reserves, making Bhutan the fifth largest state-controlled Bitcoin holder in the world. #Sui Starting the rally, the 5-8$ target is not far away at the current momentum #Cį»„ still going up 100k$
#Write2Win , #btc , #SUIšŸ”„šŸ”„šŸ”„šŸ”„

ArkhamIntel: The Royal Government of Bhutan has deposited 929 BTC ($66.16M) into Binance. Note that Bhutan has been heavily investing in BTC mining since 2023, mining over $750M in Bitcoin in just over a year.

On the negative side, it is possible that they are selling some of their BTC holdings. On the positive side, however, Bhutan is also a Bitcoin miner that needs to sell to fund operations, just like all other miners.

Currently, the Royal Government of Bhutan still holds 12,456 BTC ($886.58M). Druk Holding & Investment, Bhutan's investment arm, manages the BTC reserves, making Bhutan the fifth largest state-controlled Bitcoin holder in the world.

#Sui Starting the rally, the 5-8$ target is not far away at the current momentum

#Cį»„ still going up 100k$
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Bearish
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#binance ,#Write2Win #SUIšŸ”„šŸ”„šŸ”„šŸ”„ ,#btc Update šŸ‡®šŸ‡±šŸ‡®šŸ‡·: Israel carries out retaliatory airstrikes against Iran The Israel Defense Forces (IDF) said its military began precision strikes on Iranian military targets in response to Tehran's missile attack on October 1. Israel's initial strikes on the capital Tehran appeared to target a military barracks or office, as well as an arms depot. Meanwhile, flights in Iran are being diverted, and airspace may be closed in the coming days. Could this be the reason for this morning's Red market..
#binance ,#Write2Win #SUIšŸ”„šŸ”„šŸ”„šŸ”„ ,#btc
Update šŸ‡®šŸ‡±šŸ‡®šŸ‡·: Israel carries out retaliatory airstrikes against Iran

The Israel Defense Forces (IDF) said its military began precision strikes on Iranian military targets in response to Tehran's missile attack on October 1.

Israel's initial strikes on the capital Tehran appeared to target a military barracks or office, as well as an arms depot.

Meanwhile, flights in Iran are being diverted, and airspace may be closed in the coming days.

Could this be the reason for this morning's Red market..
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Bullish
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#Write2Win #binance #btc #bitcoin #SUIšŸ”„šŸ”„šŸ”„šŸ”„ MicroStrategy chairman Michael Saylor recommends that large companies should invest in Bitcoin to increase their capitalization and protect their assets from inflation. He believes that if Apple invested $100 billion in Bitcoin instead of buying back shares, the company's capitalization could increase by $1-2 trillion. Saylor predicts that Bitcoin could reach $13 million per coin in the next 21 years and calls on companies to take advantage of the benefits that Bitcoin brings.
#Write2Win #binance #btc #bitcoin #SUIšŸ”„šŸ”„šŸ”„šŸ”„

MicroStrategy chairman Michael Saylor recommends that large companies should invest in Bitcoin to increase their capitalization and protect their assets from inflation. He believes that if Apple invested $100 billion in Bitcoin instead of buying back shares, the company's capitalization could increase by $1-2 trillion.

Saylor predicts that Bitcoin could reach $13 million per coin in the next 21 years and calls on companies to take advantage of the benefits that Bitcoin brings.
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Bullish
#Write2Win ,#binance ,#btc ,#sui This Saturday, October 19, 2024, is the 40th Anniversary of the Martyrdom of Father Jerzy Popiełuszko, a truly great Catholic priest, who was the source of tremendous spiritual strength for the Polish Solidarity Movement and, indeed, the entire nation of Poland, in the 1980s. Yesterday, in Chicago, I was honored to sign a Commemoration about this solemn anniversary and present it to Father Jerzyā€™s nephew, Marek Popiełuszko, as well as receive from him a book of Father Jerzyā€™s sermons and other beautiful mementos to remember the life of this extraordinary man of heroic virtue. #ETH
#Write2Win ,#binance ,#btc ,#sui
This Saturday, October 19, 2024, is the 40th Anniversary of the Martyrdom of Father Jerzy Popiełuszko, a truly great Catholic priest, who was the source of tremendous spiritual strength for the Polish Solidarity Movement and, indeed, the entire nation of Poland, in the 1980s. Yesterday, in Chicago, I was honored to sign a Commemoration about this solemn anniversary and present it to Father Jerzyā€™s nephew, Marek Popiełuszko, as well as receive from him a book of Father Jerzyā€™s sermons and other beautiful mementos to remember the life of this extraordinary man of heroic virtue. #ETH
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Bullish
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#Write2Win ,#binance ,#btc ,#bnb #sui $SUI šŸ”„ Market Update ā€¢ Markets are bracing for a possible Israeli retaliation, after the Israeli government pledged to respond to Iran's missile attack on Tel Aviv yesterday. All three US stock indexes and gold fell slightly, defense stocks surged, oil prices rose, Bitcoin hovered around $61K. ā€¢ The good news is that the ADP report showed that private companies in the US šŸ‡ŗšŸ‡ø added 143K jobs in September, up from 103K in August and above the forecast of 128K jobs. ā€¢ Hong Kong's Hang Seng index jumped 6%, extending gains for a sixth straight session on optimism from China's stimulative monetary policy.
#Write2Win ,#binance ,#btc ,#bnb #sui $SUI
šŸ”„ Market Update

ā€¢ Markets are bracing for a possible Israeli retaliation, after the Israeli government pledged to respond to Iran's missile attack on Tel Aviv yesterday. All three US stock indexes and gold fell slightly, defense stocks surged, oil prices rose, Bitcoin hovered around $61K.

ā€¢ The good news is that the ADP report showed that private companies in the US šŸ‡ŗšŸ‡ø added 143K jobs in September, up from 103K in August and above the forecast of 128K jobs.

ā€¢ Hong Kong's Hang Seng index jumped 6%, extending gains for a sixth straight session on optimism from China's stimulative monetary policy.
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#Write2Win ,#binance ,#btc ā†™ļø ,#bitcoin ,#sui In addition to the news about Iran and Israel, this morning there is a major strike going on at ports along the East and Gulf coasts in the United States, with over 45K port workers on strike, affecting 36 ports over wages and automation. Will this affect the market? It depends on how long the strike lasts. A prolonged strike could push up prices for food, cars and a host of other consumer goods, thereby causing inflation to rise and affecting the Fed's interest rate decision. However, the current estimate is that this strike will not have a major impact. Additionally, President Joe Biden, under the authority granted by the Taft-Hartley Act, could intervene and order an 80-day ā€œcooling offā€ period, which would at least temporarily halt the strike.
#Write2Win ,#binance ,#btc ā†™ļø ,#bitcoin ,#sui
In addition to the news about Iran and Israel, this morning there is a major strike going on at ports along the East and Gulf coasts in the United States, with over 45K port workers on strike, affecting 36 ports over wages and automation.

Will this affect the market? It depends on how long the strike lasts. A prolonged strike could push up prices for food, cars and a host of other consumer goods, thereby causing inflation to rise and affecting the Fed's interest rate decision.

However, the current estimate is that this strike will not have a major impact. Additionally, President Joe Biden, under the authority granted by the Taft-Hartley Act, could intervene and order an 80-day ā€œcooling offā€ period, which would at least temporarily halt the strike.
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Today's press conference recap. Could be the reason ā†™ļø #Write2Win #binance #SUI #binance #SUI Fed Chairman Jerome Powell said that the recent 0.5% rate cut should not be seen as a sign that the next rate cut will be as large. Instead, interest rate policy will gradually move to a more neutral state over time. However, we are not following any predetermined path. After the Fed's statement, the CME Futures market now favors a 0.25% cut (57.9%) in November, instead of a 0.5% cut (42.1%).
Today's press conference recap.
Could be the reason ā†™ļø
#Write2Win #binance #SUI
#binance #SUI
Fed Chairman Jerome Powell said that the recent 0.5% rate cut should not be seen as a sign that the next rate cut will be as large. Instead, interest rate policy will gradually move to a more neutral state over time. However, we are not following any predetermined path.

After the Fed's statement, the CME Futures market now favors a 0.25% cut (57.9%) in November, instead of a 0.5% cut (42.1%).
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#BinanceTurns7 #SUIšŸ”„šŸ”„šŸ”„šŸ”„ #Write2Win I've read a lot of articles today about how FTX will pay out, as there is now a completely different plan than the one announced in May, which said that 118% of the lost funds would be returned in USD (paid in stablecoins/USD). Today's news says that FTX creditors will only be able to get back 10% to 25% of their crypto. However, there are no specifics and it's unclear whether they plan to pay back in crypto or cash? And will it be based on the crypto price at the end of 2022 bankruptcy (BTC $16K, SOL $12) Unlike many rumors on X, the payment plan has not been approved yet and no payments will be distributed until the court approves. A court date has been set for October 7. In addition, FTX will transfer 18% of the funds seized from the US Department of Justice into a special fund called the ā€œPreferred Shareholder Compensation Fundā€ (~$230 million) to compensate FTXā€™s preferred shareholders (investors who held shares in the company before FTX collapsed).
#BinanceTurns7
#SUIšŸ”„šŸ”„šŸ”„šŸ”„
#Write2Win I've read a lot of articles today about how FTX will pay out, as there is now a completely different plan than the one announced in May, which said that 118% of the lost funds would be returned in USD (paid in stablecoins/USD). Today's news says that FTX creditors will only be able to get back 10% to 25% of their crypto. However, there are no specifics and it's unclear whether they plan to pay back in crypto or cash? And will it be based on the crypto price at the end of 2022 bankruptcy (BTC $16K, SOL $12)

Unlike many rumors on X, the payment plan has not been approved yet and no payments will be distributed until the court approves. A court date has been set for October 7.

In addition, FTX will transfer 18% of the funds seized from the US Department of Justice into a special fund called the ā€œPreferred Shareholder Compensation Fundā€ (~$230 million) to compensate FTXā€™s preferred shareholders (investors who held shares in the company before FTX collapsed).
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