Donald Trump Announces World Liberty Financial
Donald Trump announced on September 16 that he will launch a crypto project called World Liberty Financial. Built on Aave and Ethereum, the project aims to challenge traditional banks with its credit account system. The Trump family has changed their negative attitude towards crypto and entered the field completely. Security is at the forefront The project collaborates with industry-leading security experts.
Republican Lawmakers Question SEC Chairman Gary Gensler Over Political Hiring Practices
Three Republican lawmakers have launched an investigation into SEC Chairman Gary Gensler, alleging that he hired employees based on their political beliefs. The lawmakers have requested documents on whether political affiliations influenced SEC personnel decisions, arguing that the practice may violate the Civil Service Reform Act. This investigation The move reflects concerns over Gensler’s regulatory stance on the crypto industry, with the company considering cryptocurrencies as securities.
Tron Long-Term Wallet Addresses Increased by 237% in the Last Year
Tron’s long-term wallet addresses have increased by 237% in the past year, indicating strong investor confidence in TRX. Although its market cap has slightly decreased, the Tron network is showing high activity, including USDT transactions. TRX’s price increase in August, made a profit for its investors, but the price has since fallen slightly. Tron has also seen significant growth in its stablecoin and revenue generation.
Stablecoin Giant Circle Moves Its Headquarters to New York
USDC issuer Circle is moving its headquarters to One World Trade Center in New York City. The company aims to strengthen its position in the crypto space with this move. Mayor Eric Adams, who aims to make New York a crypto hub, attended the opening of the new center Circle previously had its U.S. offices in Boston, and now its headquarters will be a gathering place for global leaders.
CleanSpark Expands Bitcoin Mining in Tennessee
Low-carbon Bitcoin miner CleanSpark is expanding its operations in Tennessee with the acquisition of seven new mining facilities. The region’s hydroelectric infrastructure aligns with CleanSpark’s focus on sustainable mining. However, the company is facing increasing Bitcoin mining challenges and price declines. CleanSpark’s expansion comes as the company It is seen as a bold step between competition and operational costs.
Bitcoin Transactions Slow Down, Interest Decreasing
As Bitcoin transaction volume and stock market movements slow down, investor interest appears to be decreasing. Adjusted Transfer Volume and stock market entry/exit volume are decreasing, indicating that market activity is decreasing. As the number of speculative transactions also decreases, investors may be expecting a significant price movement. This slowdown is a sign that the market is makes one think that it may remain stagnant.
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BITCOIN (BTC)
BTC is priced at $58,867 as of the morning hours with a 0.47% loss in value. There was a decrease to $52,555 but it could not be permanent. There was an increase to $58,400 again yesterday evening. If it is permanent above $58,500, it can be seen to increase to $60,0000 again. $55,555 down If it breaks in the direction, a pullback to $50,000 is possible.
ETHEREUM (ETH)
As of the morning hours, ETH is priced at $2346 with a 0.65% loss in value. A drop to $2155 occurred and this level could not be sustained. An increase to $2375 occurred last night. If $2380 is broken upwards, prices above $2550 may be seen again. If the $2150 level is lost, A pullback to $2000 occurs.
RIPPLE (XRP)
XRP is priced at $0.5687 with a 1.10% increase in value as of the morning hours. A sudden increase occurred after yesterday’s news. There was an increase to $0.59. Permanence could not be achieved at this level. 0.555 appears as the first support area. 0.58 seems strong as resistance.
AVALANCHE (AVAX)
AVAX is priced at $23.80 with a 0.87% loss in value as of the morning hours. The price is above $23 again. It rose to $24.60 with the reaction it received from the $20 region. If the rise continues, $25 seems to be the first likely location to receive a reaction. Back In case of pullbacks, 22.82 and 21.88 are strong support positions.
SOLANA (SOL)
SOL is priced at $134.70 with a 0.98% increase in value as of the morning hours. There was another pullback from $162 to the $127 region. It reacted from this level and rose to $139, but it could not be sustained. If the pullback continues, the $115 region seems strong. On the upside, resistance is at $138.
OUNCE GOLD
As of the morning hours, the ounce of gold is priced at $2568 with a 0.40% increase in value. ATH has been renewed. We are currently at a new high level. The 2580 region as a reaction zone may weaken the price movement. As support, $2550 seems strong.
OUNCE SILVER
Silver is priced at $30,064 with a 0.62% increase in value as of the morning hours. We broke the downward trend upwards in the short term. 29.70 is a region that is likely to work as support. 28.40 was our first resistance level and it broke upwards. The next resistance region is the 30.30 region It appears as.
