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BullRunBit

TALK Token Analysis

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Your analysis is good that I retain Baltalk calories because Mnkhvz what I think a good future quickly recognize it as investors price rises unchanged if any currency

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I hope that the exchange will not abandon talk tokens and will support their price because now it has significantly sunk and I am afraid to imagine how much it will cost without support

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TALK token needs serious attention now. Despite all the efforts done to decrease the sell orders, it is falling quite fast and this is worrying! It is now as low as one cent. How do you predict the future of TALK based on what is happening now? I think something has happened that caused panic sellers to be active again. I hope it is just a normal fall and rise. Maybe the rising value of bitcoin has caused most members to sell their tokens and convert them to bitcoin in search for more profit.

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what are your thought on the recent drop to 70 sats? and i think the investment box can be a good thing if the price manages to stabilize to a certain point, because then people can see it as an incentive to buy TALK, they can get 1% daily without actions, so if prices don't drop then many people would want this token.

i also hope the admins don't wait too long with the services because at the current rate TALK is dropping rather quickly

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On 11/20/2020 at 9:11 AM, ETheHedgehog said:

what are your thought on the recent drop to 70 sats?

Actually this drop is caused by the massive sell movement (too much supply) because users think it's better to convert "unknown token" into a very famous currency (btc) which knows these days positive price improvement 

Edited by setifien
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48 minutes ago, setifien said:

Actually this drops is caused by the massive sell movement (too much supply) because users think it's better to convert "unknown token" into a very famous currency (btc) which knows these days positive price improvement 

unfortunately what they don't realize, is that the less they sell, the more price improvement it will have, and so by them selling it would cause the price to move down, which results in more panicking and selling

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Thank you for analyzing

I think your analysis is good ..But it takes some time .For a larger support gathering .So far she is in a very difficult situation.Hope you will achieve a bigger climb.

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TALK currency is really good currency, you can earn 200 TALK from this forum, but unfortunately its price has been constantly dropping for several days, its price last week was about 0.024, but now its price is equal to 0.012. I hope its value will rise again.

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I think its really simple and the work here is to maintain the work we have today, we need to really put together everything that will support the token , it should maintain at around 100 sat, so to work as hard for it , we need to keep on working as hard for it , and everything happens well in time.

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The new payment system is great, I have high hopes for talk token to exceed even 200 satoshi in the future, thanks for the analysis, i hope to see more project for talk token asap.


"We grow by lifting others"

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15 hours ago, Brushless4500KV said:

TALK token needs serious attention now. Despite all the efforts done to decrease the sell orders, it is falling quite fast and this is worrying! It is now as low as one cent. How do you predict the future of TALK based on what is happening now? I think something has happened that caused panic sellers to be active again. I hope it is just a normal fall and rise. Maybe the rising value of bitcoin has caused most members to sell their tokens and convert them to bitcoin in search for more profit.

Maybe or maybe not, maybe it's just FOMO and they want to sell before price drop too much.

But one thing I dont understand why will members sell tokens below 100sat price, maybe new members which dont know for old payment system and value of posts/topics.

4 hours ago, ETheHedgehog said:

what are your thought on the recent drop to 70 sats? and i think the investment box can be a good thing if the price manages to stabilize to a certain point, because then people can see it as an incentive to buy TALK, they can get 1% daily without actions, so if prices don't drop then many people would want this token.

i also hope the admins don't wait too long with the services because at the current rate TALK is dropping rather quickly

Honestly nothing, because I expected this drop. To many tokens daily, from investbox plus from forum and it's normal that price drop it would be strange that did not drop. And about plans for TALK, I agree if we dont see realization that plans we will see bigger drop for sure.

2 hours ago, setifien said:

Actually this drops is caused by the massive sell movement (too much supply) because users think it's better to convert "unknown token" into a very famous currency (btc) which knows these days positive price improvement 

But how TALK token have any connection with BTC? It's not altcoin right?

 

Interesting fact about TALK is order book, if you look order book you can see that with around 0.4 BTC price drop till around 65sat and with similar amount (0.4 BTC) price can pump till around 220sat.

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58 minutes ago, BullRunBit said:

Honestly nothing, because I expected this drop. To many tokens daily, from investbox plus from forum and it's normal that price drop it would be strange that did not drop. And about plans for TALK, I agree if we dont see realization that plans we will see bigger drop for sure.

I want to know something about investing TALK in Investbox. Suppose you invest 1000 tokens there and will earn about 300-320 tokens after a month. At this point, you will have 1320 TALKs. What will happen if you sell 320 tokens but let 1000 tokens remain in Investbox? Can you do this every month? I have heard that you should not touch your tokens to continue receiving 1% daily interest. Can you withdraw a part of it every month and still receive your interest the next month? This is what I want to know.

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22 hours ago, Brushless4500KV said:

I want to know something about investing TALK in Investbox. Suppose you invest 1000 tokens there and will earn about 300-320 tokens after a month. At this point, you will have 1320 TALKs. What will happen if you sell 320 tokens but let 1000 tokens remain in Investbox? Can you do this every month? I have heard that you should not touch your tokens to continue receiving 1% daily interest. Can you withdraw a part of it every month and still receive your interest the next month? This is what I want to know.

There some types of investbox, (new) type is when you putt coins/tokens in investbox and you can only to get daily interest (for example: 1% of TALK tokens from your investment) or old (which is without tag) type which is regural type where you can close your investment any time and get all coins from investbox plan. And for TALK investbox plan 1% daily if you close investbox plan you can create another one anytime and you will get same percent/interest 1% daily. But there are some investbox plans where is different rules.

 

Update:

Interesting thing happened with price of TALK token just before few minutes hit 101sat and drop till currently 82sat/81sat which is still higher than price from yesterday.

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To analyze the price of the new currency, we must pay attention to several main things, the first of which is the bitcoin charts and how the (talk) currency is affected by the decline when the bitcoin price rises, so I expect that there will be a manual price control to adjust the profit rate in the forum

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2 hours ago, BullRunBit said:

There some types of investbox, (new) type is when you putt coins/tokens in investbox and you can only to get daily interest (for example: 1% of TALK tokens from your investment) or old (which is without tag) type which is regural type where you can close your investment any time and get all coins from investbox plan. And for TALK investbox plan 1% daily if you close investbox plan you can create another one anytime and you will get same percent/interest 1% daily. But there are some investbox plans where is different rules.

 

Update:

Interesting thing happened with price of TALK token just before few minutes hit 101sat and drop till currently 82sat/81sat which is still higher than price from yesterday.

@BullRunBit..We can choose Talk Token to invest.  This is very beneficial for us.  You will earn profit every day by investing in yobit site.  You talked about its price.  Its price is now below 100 satoshi.  So you can sell it when the price goes up.  However, it would be better to keep this token in the investment box for a long time.  Because we will get profit.  And I think its price will increase in the future

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On 11/21/2020 at 3:30 PM, BullRunBit said:

There some types of investbox, (new) type is when you putt coins/tokens in investbox and you can only to get daily interest (for example: 1% of TALK tokens from your investment) or old (which is without tag) type which is regural type where you can close your investment any time and get all coins from investbox plan. And for TALK investbox plan 1% daily if you close investbox plan you can create another one anytime and you will get same percent/interest 1% daily. But there are some investbox plans where is different rules.

I had a look at some Investbox plans. I want to know how can I withdraw monthly interest from TALK? There seems to be only a close button for this token. So, should I close my investment every month, withdraw my interest and start a new investment again? Is this possible? My second question is that what would you do if you had invested your TALK tokens and suddenly a major rise in value would happen for TALK? Would you close your investment and sell your tokens immediately or just ignore the value and continue accumulating more tokens? I think other members may also be curious to know this.

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Yes you are absolutely right. The talk token is launch few months ago and now it's a increasing digital currency in reputation but now a days the price of all digital currency is low and also the rate of talk token is also low

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18 hours ago, Brushless4500KV said:

I had a look at some Investbox plans. I want to know how can I withdraw monthly interest from TALK? There seems to be only a close button for this token. So, should I close my investment every month, withdraw my interest and start a new investment again? Is this possible? My second question is that what would you do if you had invested your TALK tokens and suddenly a major rise in value would happen for TALK? Would you close your investment and sell your tokens immediately or just ignore the value and continue accumulating more tokens? I think other members may also be curious to know this.

Maybe others already read about that in previous comments.

You can close TALK investbox plan anytime when you want, and open again same investbox plan with minimum amount of 10 TALK tokens.

And did you see that BTC and altcoins pump and is that any affect on TALK price?

Maybe or maybe not, it's all depend on people who have TALK token will they sell or hold their TALK tokens.

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this is a very detailed post about he TALK toke and very helpful to all members as well. In my opinion, it will be particularly interesting to see them expand the TALK token to other uses as well, such as the boosting of topics and so forth, as this will help in the value of the token. I think that one of the main problems with the TALK token value depreciating is the fact that many get the token and immediately sell it. There are very few that actually HODL the talk token or buy it in the market and therefore the buy market is not as large as the selling market. Hopefully we see price increase in the TALK value in the future. 

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16 hours ago, BrolySSJ said:

this is a very detailed post about he TALK toke and very helpful to all members as well. In my opinion, it will be particularly interesting to see them expand the TALK token to other uses as well, such as the boosting of topics and so forth, as this will help in the value of the token. I think that one of the main problems with the TALK token value depreciating is the fact that many get the token and immediately sell it. There are very few that actually HODL the talk token or buy it in the market and therefore the buy market is not as large as the selling market. Hopefully we see price increase in the TALK value in the future. 

I try to share all informations that members or new members can look on all facts about TALK token.

And about plans for TALK token, I dont think so that "boosting of topics" can move price maybe if topic is in Referral links section. But to use TALK token for ads (to buy ads space) that would be good move. Anyhow we will see.

1 hour ago, nova100 said:

I think the talk token is performing to its expectation we need to see why this is important we are really enjoying a lot of work being , the truth is we need to work as hard and put it exactly for what it is , we need to follow every important we need to really be sure that we have to work for us , its important we do the kind of work that we have been able to run with thats absolutely important

You write four times "work". :classic_biggrin:

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On 11/26/2020 at 8:24 AM, BullRunBit said:

But to use TALK token for ads (to buy ads space) that would be good move. Anyhow we will see.

This will be fine, it can help talk token to have more market cap, but we too need not to sell our talk token, we can just make sure we hold it for certain time, it will also help boost the strength of the coin and increase its price. 

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If I have enough talk token in my yobit investbox, that will be good enough, I am working towards 100000 talk token now, which will make me 1000 talk daily as investment. This is my own strategy, which will make me to work less on this forum unlike now. Holding talk is good. 

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17 hours ago, Yarazagh said:

you are right
In addition, talk is a modern token that requires time to enter the field of technical analysis, and if you are optimistic about its future it will be backed by a strong team.

Talk token is already backed by strong team already, I believe we got no problem at all, all we need is to just support it and I believe the price will surprise us one day as the price will increase, it is a good token which will have good future. 

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I hope that the supervisors will find a way to use it soon, as the price of Talk has decreased a lot, and if there is no way to make people buy this currency, this currency will continue to decline further, and we may find it at the price of 10 sat

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On 11/27/2020 at 10:28 AM, Yomose said:

If I have enough talk token in my yobit investbox, that will be good enough, I am working towards 100000 talk token now, which will make me 1000 talk daily as investment. This is my own strategy, which will make me to work less on this forum unlike now. Holding talk is good. 

You can simple combine, get tokens from investbox and from forum too.

 

Quick update:

Like we can see TALK token price drop, currently price is 41sat/40sat.

We still waiting for some news about future plans or to be realized some plans for TALK token.

Because like we discussed already all facts (forum, investbox plan) affect on TALK token price and if there are no plans price drop more. Anyhow we will see what will happen next.


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In technical analysis, 80% of trend indicators on D1 sided with the dollar and turned red, while 20% preferred the euro. Among oscillators, 75% were on the dollar's side, with the remaining 25% taking a neutral position. The nearest support for the pair is located in the zone of 1.0665-1.0670, followed by 1.0600-1.0615, 1.0565, 1.0495-1.0515, 1.0450, and 1.0370. Resistance zones are found around 1.0740-1.0760, then 1.0815, 1.0850, 1.0890-1.0915, 1.0945, 1.0980-1.1010, 1.1050, and 1.1100-1.1140.   The upcoming week will be rich in macroeconomic statistics. On Monday, 01 July and Tuesday, 02 July, preliminary data on such an important indicator as the consumer price index (CPI) in Germany and the Eurozone will be released, respectively. Speeches by ECB President Christine Lagarde and Fed Chair Jerome Powell are also scheduled for 01 and 02 July. In addition, on Monday and Wednesday, business activity indicators (PMI) in various sectors of the US economy will be known. But this is not the end of the flow of important information. Late in the evening of 03 July, the minutes of the last FOMC (Federal Open Market Committee) meeting of the Fed will be published. On Wednesday, 03 July, and Friday, 05 July, we will be flooded with statistics from the US labour market, including the unemployment rate and the number of new jobs created outside the agricultural sector (NFP). Traders should also keep in mind that 03 July is a short day in the US, and 04 July is a full holiday as the country celebrates Independence Day. And looking a bit further ahead, we remind you that early parliamentary elections will be held in France on Sunday, 07 July, the result of which could greatly affect the common European currency.   GBP/USD: Focus – On 04 July Elections   General parliamentary elections will be held not only in France but also in the United Kingdom, scheduled for Thursday, 04 July. Announcing this event, Prime Minister Rishi Sunak stated that he is proud of the "achievements of his government [Conservatives]". "Economic stability is the foundation of any success," he added, noting that the UK economy is still growing and inflation has returned to normal levels.   Despite Sunak's assurances, in May 2024, the monitoring company Ipsos reported that 84% of the population are "dissatisfied with how the government is managing the country". Current election forecasts based on public opinion polls show that 21.3% may vote for the Conservatives, 41.9% for their opponents, the Labour Party, and the rest for other parties.   It must be noted that the government of Rishi Sunak has several real achievements. On 19 June, data on consumer inflation (CPI) was published, and overall, the picture turned out to be quite good. The consumer price index month-on-month remained at the previous level of 0.3%, lower than the forecasted 0.4%. Year-on-year, the CPI decreased from 2.3% to 2.0%, reaching the Bank of England's (BoE) target for the first time since October 2021. The core index (Core CPI), which excludes volatile components such as food and energy prices, also showed a significant decrease from 3.9% to 3.5% year-on-year.   According to the report from the Office for National Statistics (ONS), presenting the final data on 28 June for Q1 2024, the UK economy grew by 0.7%, higher than the previous value and forecast of 0.6%. Year-on-year, real growth was 0.3%, exceeding the previous value and expectation of 0.2%. This was the best dynamic since Q4 2021.   If the UK parliamentary elections on 04 July and the inflation report on 17 July do not bring significant surprises, the markets predict that the BoE will start lowering rates at its nearest meeting on 01 August. According to ING bank strategists, "we still forecast that the Bank of England will start lowering rates in August and will begin to signal this in its speeches as soon as the general elections on 04 July are over". In their opinion, the likelihood of rate cuts by the Bank of England is much higher than those by the Fed, which will put pressure on the pound sterling. TDS company analysts, on the other hand, give the following forecast: "We believe a rate cut of 15 b.p. is expected in August, and about 50 b.p. in total for 2024". In several other market participant forecasts, it is also mentioned that by November, the reduction could be around 30 b.p.   GBP/USD ended the past five-day period exactly where it started – at 1.2644. The analyst forecast ahead of the parliamentary elections is unequivocal – 100% side with the dollar and expect the British currency to weaken. Regarding technical analysis on D1, there is also a clear advantage on the dollar's side. Trend indicators are in favour of the dollar at 65% to 35% red to green. Oscillators are 100% pointing south, with 20% signalling the pair is oversold. In case of further decline, the pair's levels and support zones are 1.2610-1.2620, 1.2540, 1.2445-1.2465, 1.2405, 1.2300-1.2330. In case of the pair's growth, it will meet resistance at levels 1.2675, 1.2700, 1.2740-1.2760, 1.2800-1.2820, 1.2860-1.2895, 1.2965-1.2995, 1.3040, and 1.3130-1.3140.   As for the events of the upcoming week, all investor attention is focused on the elections on 04 July. The next important event, as mentioned, will be the publication of the fresh inflation report in the United Kingdom on 17 July.   USD/JPY: Another Peak Conquered   Last week, 75% of analysts expecting new currency interventions voted for the USD/JPY pair's retreat south, while the remaining 25% pointed north. The minority, as is often the case with the Japanese currency, turned out to be right: no interventions occurred, and the pair reached another peak – 161.28.   Frankly, there's nothing to comment on here – everything has been discussed dozens and hundreds of times. The problem of the yen's weakening lies in the ultra-loose monetary policy of the Bank of Japan (BoJ). And as long as it does not decisively turn towards tightening, the national currency will continue to lose its positions. Of course, for a while, the Ministry of Finance and the Central Bank can support its exchange rate with currency interventions. But spending billions and billions on something that disappears like ripples on water after a few days – is there any point in that? Can this be called monetary policy?   If inflation falls in major competing countries, in Japan, it rises. According to data published on Friday, 28 June, the Consumer Price Index (CPI) in Tokyo for the year ending in June rose to 2.3% compared to 2.2% for the previous period. The core CPI inflation (excluding volatile food prices) also increased to 2.1% year-on-year, which is higher than both the forecast of 2.0% and the previous value of 1.9%. Another core CPI index for Tokyo (excluding food and energy prices) decreased in June to 1.8% year-on-year compared to the previous value of 2.2%.   Of course, these are not jumps that warrant sounding a loud alarm – all indicators are "hovering" around the target 2.0%. This allows Japanese officials to pause, without changing the vector of their monetary policy, and to limit themselves to verbal "interventions". Thus, Japan's Finance Minister Shunichi Suzuki once again stated that he is "deeply concerned about excessive and unilateral movements in the Forex market" and expressed hope that "trust in the Japanese currency is maintained". Suzuki's colleague, Cabinet Secretary Yoshimasa Hayashi, delivered almost the same speech word for word. However, he added that the authorities "will take appropriate measures regarding excessive currency movements", hinting at another currency intervention.   This hint from Yoshimasa Hayashi scared 60% of experts who voted for the pair's southward movement and yen strengthening, 20% pointed north, and 20% took a neutral position. The opinion of the indicators is unambiguous, as they have never heard of interventions. Therefore, all 100% of trend indicators and oscillators on D1 are green, although a quarter of the latter are in the overbought zone. The nearest support level is around 160.25, followed by 159.20, 158.65, 157.60-157.80, 156.60, 155.45-155.70, 154.50-154.70, 153.60, 153.00, 151.90-152.15, 150.80-151.00. The nearest resistance is in the 160.85 zone, followed by 161.30 and 162.50.   In the upcoming week, the calendar highlights Monday, 01 July. On this day, the Tankan Large Manufacturers Index will be published. No other important macro statistics regarding the state of the Japanese economy are planned for the coming days.   CRYPTOCURRENCIES: Causes and Consequences of "Black Monday" on 24 June     Monday, 24 June, presented investors with a very unpleasant surprise – on this day, bitcoin's price fell below $60,000 for the first time since 03 May, reaching $58,468 at one point. Ethereum, in turn, fell below $3,250. Analysts highlight several reasons for the active sell-offs, noting that they reflect overall instability in global financial markets and uncertainty about monetary and regulatory policies in several leading countries, especially China and the US. However, there are also more specific factors that contributed to the development of the bearish trend.   In mid-June, the German government began selling off a huge amount of bitcoins (about 50,000 BTC) confiscated in January. Panic sentiment sharply intensified after the announcement on 24 June that creditor payments for the bankrupt crypto exchange Mt.Gox would begin in early July. The total amount of funds to be distributed among former clients is 162,100 BTC, roughly $10 billion. Bitcoin responded to this news with an 8% drop. It’s no surprise – such a volume of coins flooding the free market can seriously knock down prices. In the derivatives market, long positions worth $177 million were forcibly liquidated, and the total financing rate for futures contracts turned negative for the first time in June, indicating that sales exceeded purchases.   It is precisely on the expectations of Mt.Gox debt payments that the flagship crypto asset's quotes reached the lowest level in the past eight weeks last Monday. In this situation, two things are encouraging. Firstly, the deadline for repayment falls on 31 October, and it's possible that payments will be made in parts over four months rather than all at once. And secondly, there is hope that not all creditors will rush to convert their bitcoins into fiat, but will hold onto them, hoping for price growth.   In addition to the above, BTC miners exerted some downward pressure on the market. It became known that their coin reserves reached a 14-year low, as they had to sell a significant amount of BTC due to the April halving to cover operational expenses. Recall that the cost of mining bitcoin, according to JPMorgan analysts, is $53,000. Historically, this cost level is a strong support for BTC/USD. However, even in March, JPMorgan did not rule out that after the halving, bitcoin could temporarily fall to $42,000.   In the absence of positive signals, the demand for spot bitcoin ETFs continues to decline, major market participants slow down their activity, and start to take profits. This also pressures the prices. CEO of investment company CryptoQuant Ki Young Ju calculated that over the past two weeks, bitcoin whales and miners set a record by selling coins worth $1.2 billion.   According to 10x Research, all last week, US spot BTC ETFs recorded investor outflows, and on 21 June, net outflow exceeded $105 million. 10x Research believes that bitcoin will now need to find a new price range to stabilize the decline and then find growth catalysts. In the medium term, according to 10x Research analysts, it is not worth expecting BTC to return above $70,000.   Popular analyst Matthew Hyland noted that the combined bitcoin balance on centralized exchanges reached a multi-year low. In theory, this could be seen as a bullish signal, but the crypto market leader is not yet eager to show an upward trend. Naturally, the publication of key US economic data could serve as a vector for further cryptocurrency movements. If the Fed takes its first step in easing its monetary policy in September, it could support risky assets, including bitcoin. According to Cryptology experts, the chances of bitcoin reaching a new all-time high by the end of September are quite high, and what is happening now is a phase of accumulation.   Despite the current decline, many investors remain optimistic, citing the cyclical nature of the crypto market. They also do not forget about the US elections. For example, former Goldman Sachs CEO Raoul Pal predicted significant bitcoin and cryptocurrency market growth in Q4 2024. In an episode of The Wolf Of All Streets podcast, the financier noted that risky assets like bitcoin usually rally against the backdrop of US presidential elections. "The final quarter of an election year is a real 'banana zone' for all assets. It always is," Pal optimistically stated, noting that the "banana zone" for cryptocurrencies in autumn is much more pronounced than, for example, for the Nasdaq index.   Bitcoin was also supported by billionaire Michael Saylor. His company, MicroStrategy, is one of the largest bitcoin holders in the world, with 205,000 BTC on its balance sheet. Despite the negative trend, it increased its reserves by another 11,931 BTC (over $700 million) in the past month alone. Saylor is convinced of the first cryptocurrency's ability to grow to $10 million with support from China and other factors. He believes that in the future, governments, especially China, will fully embrace the first cryptocurrency and integrate it into the state infrastructure. The entrepreneur declared all pre-bitcoin economic instruments obsolete. "Before Satoshi Nakamoto, economics was a pseudoscience. All economists before Satoshi tried to develop economic laws with shells, glass beads, pieces of paper, and credit instruments," the businessman wrote, calling bitcoin a "perfect asset."   In previous reviews, we already wrote that the launch of exchange-traded spot ETFs on Ethereum could give a certain boost to the digital asset market. On 25 June, SEC (US Securities and Exchange Commission) Chairman Gary Gensler noted that the registration process for new ETFs is "going smoothly," and the approval date depends on how quickly applicants submit adjusted S-1 forms. Bloomberg analysts call 02 July the expected approval date for new products. Reuters, citing anonymous sources, reports that a consensus has been reached between fund managers and the SEC in negotiations, and only the "final touches" remain.   Co-founder of venture company Mechanism Capital Andrew Kang stated that after the approval of ETH-ETF, Ethereum's rate could correct by 30%, falling to $2,400. In his opinion, at this stage, the main altcoin attracts much less attention from institutional investors compared to bitcoin. Based on this, ETH-ETF will attract only 15% of funds compared to what BTC-ETF received at the start.   Kang noted that to increase Ethereum's attractiveness among investors, its ecosystem needs to be positioned as a decentralized financial settlement layer, a global computer, or a Web3 application store. At the same time, it will be difficult to sell new ideas for Ethereum's application to funds, as the asset is perceived by investors as an overvalued stock of a large technology company.   Significantly more positively views the future of Ethereum Matt Hougan, CIO of Bitwise, a company managing cryptocurrency funds. In his opinion, the appearance of a long-awaited exchange product is undoubtedly a positive factor, and the net inflow of investments into ETH-ETF over the first 18 months will amount to $15 billion. In his analysis, he relies on the experience of Canada and the EU, where in similar products the inflow ratio for Ethereum and Bitcoin is approximately 1 to 4 (i.e., 25%). In other words, if in the first quarter of work for spot Bitcoin-ETF the total inflow was $26.9 billion, for Ethereum it is expected to be at the level of $6.7 billion. In this case, in three months of work, the leading altcoin could rise to $4,400-5,000.   CEO of SkyBridge Capital Anthony Scaramucci believes that the price of Ethereum could rise even higher, reaching $10,000-12,000. Regarding bitcoin, the entrepreneur allows for its growth to $170,000-250,000. The main driver, in his opinion, will be the further institutional acceptance of cryptocurrency. Scaramucci called the approval of spot exchange ETFs an important regulatory barrier breakthrough for attracting new capital. Thanks to this, in his opinion, the share of digital gold in the portfolios of major players will soon be about 3%.   As of the evening of Friday, 28 June, BTC/USD is trading at $60,190, and ETH/USD is in the $3,390 zone. The total crypto market capitalization is $2.24 trillion ($2.34 trillion a week ago). The bitcoin Fear & Greed Index (Crypto Fear & Greed Index) has dropped from 63 to 47 points over the past 7 days, moving from the Greed zone to the Neutral zone.   In conclusion, here is another observation from Matt Hougan. The CIO of Bitwise presented three reasons why long-term investments in both bitcoin and Ethereum are more advantageous compared to investing only in bitcoin. These are: 1. portfolio diversification 2. the opportunity to earn on very different ecosystems and 3. economic benefit.   Considering the difference in the capitalization levels of bitcoin and Ethereum, Hougan believes that 75% of the capital should be invested in BTC and 25% in ETH. According to calculations, over the period from May 2020 to May 2024, the yield of such an investment portfolio is 3% per annum higher than one that only contains bitcoin. However, Hougan acknowledges that in the shorter term, a portfolio including 100% BTC outperforms a diversified one. Moreover, investing only in bitcoin carries fewer risks due to its higher market capitalization and features such as limited coin issuance and a phased reduction in the inflation rate to zero.   NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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