HelenMoore

PR consultant (a really nice one), digital strategist, entrepreneur, mother to many children. Into food, music and animals.

[Antidote @AntidoteBTC]

Still a few spots available for our first London Hackathon next week - sign up now to onboard onto the @Breez_Tech Time2Build challenge and compete for a share of the $25k prize pool.

[Antidote @AntidoteBTC]

https://t.co/MaW8gw1PpU

[Chris J Terry @chrisjterry]

Bitcoin's Post-Election Pause at $75K Amidst a Political Bull Tsunami

The 2024 U.S. Presidential election results have swept Donald Trump back into the White House alongside Republican control over both the Senate and House. This was anticipated to be a significant bullish catalyst for Bitcoin, given Trump's pro-crypto stance and promises of favorable regulatory changes. However, despite this sweeping victory, Bitcoin's price has unexpectedly stalled around $75,000, prompting questions and analysis within the crypto community.

Before the election, I posited that Bitcoin would rally to $70-72K, potentially setting a new all-time high (ATH), with further gains depending on the scale of Trump's win. Indeed, Bitcoin did test $73K before the election and surged to $76K on election night, aligning with the initial predictions. However, the expected continued rally to $80K or beyond has not materialized immediately.

Profit-Taking and Market Fatigue: After reaching $76K, there might be significant profit-taking from investors who bought in anticipation of the election results. This could explain the pullback to $75K as traders secure gains.

Liquidity Issues: Post-election, liquidity might have decreased with many traders going into the weekend or taking time to assess the new political landscape, leading to less trading volume and price stability.

External Market Influences: Despite the political win, other macroeconomic factors like global economic indicators, upcoming Federal Reserve decisions, or unexpected international news could be exerting downward pressure or causing investors to adopt a wait-and-see approach.

Technical Analysis Perspectives: Support and Resistance: Current price levels might be testing key resistance zones. Technical analysts on X have noted that Bitcoin is hovering around a critical resistance level. If it breaks through $75K decisively, the next target could be the $80K mark, as per posts suggesting a bullish cup-and-handle pattern pointing towards $110K.

Volatility and Sentiment: The crypto market is inherently volatile. Posts on X indicate a mix of sentiments; some are optimistic about reaching $100K due to the "Trump hedge" despite the current stall.

Regulatory Optimism Delayed: While Trump's win is seen as pro-crypto, the actual implementation of policy changes might take time, leading to a delay in the expected bullish momentum. Investors might be waiting for concrete actions or announcements from the new administration.

Short-Term Predictions: Given the political environment and technical analysis, Bitcoin could still see a push towards $80K within a week or so. The clean sweep by Republicans should eventually translate into more favorable crypto legislation, potentially igniting another leg up for Bitcoin.

Long-Term Forecast: My belief remains that Bitcoin will surpass $100K before the new year. Historical data from previous elections shows that Bitcoin often enters a significant rally phase post-election, which could be amplified by institutional interest, ETF inflows, and a broader acceptance of crypto as an asset class.

Bitcoin's current stall at $75K amidst a Republican sweep might seem counterintuitive, but market dynamics are complex, involving more than just political outcomes. Traders and investors should watch for breaking resistance levels, increased trading volumes, and the first moves by the new administration towards crypto-friendly policies. While the immediate aftermath of the election might be turbulent, the long-term trajectory for Bitcoin remains upward, driven by both fundamental and technical factors.

Stay tuned for updates, keep an eye on technical indicators, and consider positioning for potential volatility as the political landscape's impact on crypto unfolds. Remember, investing in cryptocurrencies like Bitcoin carries significant risk, so always conduct thorough research and consider your risk tolerance.

This post incorporates the latest election results, current Bitcoin price action, and integrates insights from social media and technical analysis to provide a comprehensive view of why Bitcoin might be stalling and what could lie ahead.

#Bitcoin #Trump #Crypto #Election

@pwuille @fundstrat @kevinrose @nebraskangooner @laurashin @scottmelker @cryptomocho @CryptoMichNL @MartyBent @PeterLBrandt @justinsuntron @moonshilla @IvanOnTech @CoinGape @JihanWu @scupytrooples @IamNomad @cryptorecruitr @George1Trader @rovercrc @truecrypto @WhatTheFinance9 @MatthewRoszak @NeilJacobs @TheCryptoLark @CryptoHayes @RaoulGMI @CaitlinLong_ @zooko @cburniske @bensemchee @CryptoBull @KoroushAK @novogratz @danheld @CryptoTaxAdvice @rogerkver @Cointelegraph @CryptoRichYT @CryptoPanicCom @LiveBitcoinNews @tbr90 @drei4u @Sheldon_Sniper @CryptoOrca @joelcomm @SatoshiLite @brockpierce @TraderLenny @CryptoDaily

[Chris J Terry @chrisjterry]

The Silver Lining of Crypto's Darkest Hour: The Biden Era's Unintended Gift to Bitcoin

In the annals of U.S. economic policy, the Biden administration might go down in history not just for its infrastructure plans or climate initiatives, but for what many in the blockchain community have termed a "war on crypto." Spearheaded by figures like Elizabeth Warren, Gary Gensler, and Martin Gruenberg, this campaign has been marked by regulatory crackdowns, bank closures, and legislative proposals that seem designed to stifle the burgeoning cryptocurrency industry. However, there's an emerging narrative, one that views these tumultuous years not as a death knell but as a paradoxical blessing in disguise for Bitcoin and the broader crypto ecosystem.

The Regulatory Assault: A Closer Look

Elizabeth Warren's Digital Asset Anti-Money Laundering Act (DAAMLA): This bill, criticized by the Blockchain Association, threatens to impose regulatory burdens that could make Bitcoin mining and blockchain validation untenable under current technology.

Gary Gensler's SEC: Under Gensler, the SEC has pursued a policy of regulation by enforcement, targeting crypto exchanges, issuers, and even individual investors with what many see as overzealous interpretations of securities law.

Martin Gruenberg and Choke Point 2.0: Allegedly, Gruenberg's FDIC has been involved in efforts akin to the infamous "Operation Choke Point," now dubbed "Choke Point 2.0," which pressures banks to de-risk by cutting ties with crypto businesses. This strategy played a role in the downfall of Silvergate and Signature Bank, two banks pivotal for the crypto industry.

The Unintended Consequence: A Bull Market in Disguise

While these actions might seem designed to cripple the crypto sector, they've inadvertently created a unique market condition:

Price Suppression: The regulatory uncertainty and direct actions against crypto-friendly institutions like banks have kept Bitcoin's price relatively suppressed. This period has allowed newcomers and seasoned investors alike to accumulate Bitcoin at prices that, in hindsight, will be seen as bargain-basement.

Strengthening Resolve: For those who believe in Bitcoin's potential, these attacks have only strengthened their conviction. The narrative around Bitcoin as a hedge against government overreach or monetary policy failures has been reinforced.

Global Liquidity and New Markets: As the U.S. regulatory environment became hostile, other jurisdictions embraced crypto. Countries like El Salvador, the UAE, and Singapore have opened up, providing liquidity and legitimacy elsewhere, which ironically might benefit Bitcoin's global adoption.

The Future Post-Election: A Crypto Renaissance?

Looking towards the future, particularly if Donald Trump or a similarly crypto-friendly administration takes office:

Regulatory Clarity: With figures like Tim Scott potentially leading Senate finance committees, there's a chance for comprehensive, pro-innovation legislation. This could legitimize crypto within the financial system, potentially leading to better integration with traditional finance.

Bitcoin Options and Financial Products: As regulatory clarity emerges, financial products like Bitcoin options could explode in volume, driving institutional interest and liquidity.

Global Crypto Boom: The pent-up demand, combined with global liquidity, could lead to a crypto boom. Bitcoin, having been artificially suppressed, might see unprecedented growth as new markets open and old markets stabilize.

Conclusion

The Biden administration's approach to crypto, while intended to curb what some perceive as risks, might be remembered as the catalyst for Bitcoin's most significant bull run. By inadvertently keeping the price down through regulatory fear, they've allowed a broad accumulation phase. Once the political winds shift, and they inevitably do, the crypto community might find itself in the midst of a boom fueled by years of suppression. This era, thus, might be seen as the dark before the brightest dawn for Bitcoin and cryptocurrencies at large, proving once again that in the world of crypto, what's meant to kill often ends up strengthening.

#Bidenomics #Biden #Harris #ElizabethWarren #GaryGensler #SEC #FDIC #Trump #TimScott #Bitcoin #Crypto @tradermatt @arrington @zooko @SanjaKon @danheld @nic_carter @novogratz @CryptoHayes @bossofbitcoin @VentureCoinist @LiveBitcoinNews @CryptoJebb @Sheldon_Sniper @RaoulGMI @CryptoNewsFlash @cburniske @AriDavidPaul @CryptoEmdarks @CryptoMichNL @ZeusZissou @TuurDemeester @jonmatonis @drei4u @pwuille @zackvoell @UseTheBitcoin @valcoins @tbr90 @CryptoThro @CryptoChico @TheCryptoLark @APompliano @BarrySilbert @balajis @cryptomocho @moonshilla @WhatTheFinance9 @rovercrc @NicTrades @George1Trader @CryptoJack @coinbureau @WhalePanda @CryptoManran @MustStopMurad @el33th4xor @julianhosp @CoinGape @dtapscott @jgarzik

[The Culturist @the_culturist_]

This 600-year-old painting is one of the most mysterious in history.

That mirror at the back is just 3 inches wide — yet it reflects the entire room in immense detail.

Look closer at it and you'll realize nothing is as it seems… (thread) 🧵

[James Bowater | The Digital Commonwealth 🎈 @JamesBowater]

ALERT ‼️

It’s come to my attention that there is a scammer / impersonator who has taken my old City AM handle (@CityAM_Crypto )

Please do NOT interact with them, but instead block and report them 🙏🏻

@CityAM

@TheDigitalCom_X @EditorParkin @lordchrisholmes @DrLisaCameron
@JosephLoretta @Commonwealthsec @ISOLASLaw @astraea_group @kula_dao @NEARProtocol @BD_JamesO @CCData_io @Minima_Global @ArchaxEx @clear_bank @fideumHQ @TheJadeCity @armorwallet @koiifoundation @WorldMobileTeam @Minutes_Network @onMELD @DEGA_org @CornucopiasGame @CUDOS_ @MoonBlast_io @TeamTaurusBot @palmeconomy @byzkhan @coinbureau @fundstrat @NewsAsset @scottmelker #Bitcoin #Ethereum #DigitalAssets #Crypto #CryptoAssets #RealWorldAssets #TheDigitalCommonwealth

[pacioli.ai @pacioli_ai]

What is #RegFi? It's a #web3 physical infrastructure network (DePIN) and reward system for providing regulatory compliance verification through #decentralization and #AI

https://t.co/e6Xy2tNQZU

[The Digital Commonwealth @TheDCW_X]

🎙️ Exciting news! Micky Watkins (@MrTelecoms), Founder & CEO of @WorldMobileTeam, will be delivering a keynote at the Mansion House Summit on June 14th 🗣️

World Mobile is building a decentralised, blockchain-powered mobile network that is set to disrupt the telecom industry and activate a global sharing economy 🌐

Join us at the Mansion House Summit for an afternoon of networking, key discussions, and a grand luncheon in the heart of London.

More details 👉https://t.co/ItIxG74PZP

[The Crypto Editor @EditorParkin]

Here's @KateBaucherel on PayPal taking things up a level...
@TheDigitalComJB @TheDigitalCom_X @PayPal
#PayPal #PYUSD #stablecoins #crypto #Solana #SOL $SOL
https://t.co/ts0udWGMsy

[Michael Roth 🇪🇺🇺🇦🇮🇱🇬🇪 @MiRo_SPD]

One of the most moving moments of my political life.

Tonight we are all Georgians!

🇬🇪🇪🇺🫶🙏🏾

[Fascinating @fasc1nate]

Anita Ekberg was a Swedish actress who was also a trained archer and knew how to box. In 1960, she had a remarkable encounter with the paparazzi.

After warning them to leave her alone repeatedly, she beat one up. Undeterred, they continued to follow her. She retrieved a bow and arrow from her car.

Warned them one last time. And she… shot one of them with an arrow.

Anita Ekberg wasn’t bothered by paparazzi again. The La Dolce Vita star eventually lived to be 83, dying in 2015 in Rome.

[Sir David Amess Children's Parliament UK @_cparliament]

Clark Dearson, 11, Child PM of the Sir #davidamess Children’s Parliament, Head Boy @saintpierresch on the statue unveiling yesterday.

"Even though Sir David Amess is gone - his legacy and inspiration will last".

@DavidJonesMP @Essex_Echo @dereklaud1 @DavidAltonHL @Anna_Firth

[Sir David Amess Children's Parliament UK @_cparliament]

Congratulations to Clark Dearson from @saintpierresch on being elected the new UK Children’s Parliament Prime Minister taking over from Harry Acheampong. Here’s Manchester United legend @GNev2 congratulating our new PM.
Thanks to @wakelet and @Microsoft365
#ChildrensParliament

[The Digital Commonwealth @TheDCW_X]

The #btc halving is predicted to happen at some point in April. 📅

Our next Mansion House Summit will take place shortly after the halving. No doubt, it will be a huge topic of discussion. 🗣️

But the real question is, what will the #btc price be post-halving while we indulge in fine wines and a divine three-course meal in the famous Egyptian Hall? 🍷

Leave your guesses below… Who knows, the closest guess might also be able to indulge in champagne at our next summit… 😏

[James O'Brien @mrjamesob]

Gorgeous. What's the collective noun for legends?

[James Bowater | The Digital Commonwealth 🎈 @JamesBowater]

The Daily Brief with James Bowater of The Digital Commonwealth

https://t.co/zzgz9aWD1H

@TheDigitalCom_X @EditorParkin @lordchrisholmes @DrLisaCameron @ISOLASLaw @astraea_group @NEARProtocol @BD_JamesO @CCData_io @ByteTree @Haider @TheJadeCity @WorldMobileTeam @MELD_Defi @CornucopiasGame @CUDOS_ @MoonBlast_io @FineqiaPlatform @Q9Capital @DEGA_org @coinbureau @fundstrat @NewsAsset @scottmelker #Bitcoin #Ethereum #DigitalAssets #Crypto #CryptoAssets #RealWorldAssets #UKGMI #DigitalBritain #DigitalCommonwealth

[Matt Chorley @MattChorley]

💥

What a story from @patrick_kidd

[James Bowater | The Digital Commonwealth 🎈 @JamesBowater]

A superb afternoon session thus far at The Mansion House Summit

@TheDigitalCom_X @EditorParkin @JosephLoretta @Albert_J_Isola @lordchrisholmes @DrLisaCameron @hdisney @jannah_patchay @ISOLASLaw @astraea_group @NEARProtocol @ScotcoinProject @shlugs @hartej_ @timbharrison @dandoll @OwnYourDataNow @stefixy @_FinancialFox @jakelee_co @MichaelBorrel17 @JasonMeyersNYC @digitalpoundfdn @GlobalDigitalFi @Elise_X_Digital @amitto @CopperHQ @BullishDumpling @OliverLinch @AngusJMCampbell @FinchPRMatt @HelenMoore @zodiamarkets @Ericvanderkleij @RoomMaxine @aarocapital @teemuz @edvaizey @ggodsal @rektpartners @BCBcrypto
@coinbureau @fundstrat @NewsAsset @scottmelker

[James Bowater | The Digital Commonwealth 🎈 @JamesBowater]

@TheDigitalCom_X Mansion House Summit is fully underway

@TheDigitalComJB @EditorParkin @JosephLoretta @Albert_J_Isola @lordchrisholmes @DrLisaCameron @hdisney @jannah_patchay @ISOLASLaw @astraea_group @NEARProtocol @ScotcoinProject @shlugs @hartej_ @timbharrison @dandoll @OwnYourDataNow @stefixy @_FinancialFox @jakelee_co @MichaelBorrel17 @JasonMeyersNYC @digitalpoundfdn @GlobalDigitalFi @Elise_X_Digital @amitto @CopperHQ @BullishDumpling @OliverLinch @AngusJMCampbell @FinchPRMatt @HelenMoore @zodiamarkets @Ericvanderkleij @RoomMaxine @aarocapital @teemuz @edvaizey @ggodsal @rektpartners @BCBcrypto
@coinbureau @fundstrat @NewsAsset @scottmelker

[HelenMoore @HelenMoore]

@TheDigitalComJB @TheDigitalCom_X @EditorParkin @JosephLoretta @Albert_J_Isola @LordChrisHolmes @DrLisaCameron @HDisney @jannah_patchay @ISOLASlaw @astraea_group @NEARProtocol @ScotcoinProject @shlugs @hartej_ @timbharrison @dandoll Me too!