Hakan Ateşler 
Arthur Hayes, one of the names closely followed by the crypto world, stated that Bitcoin should exceed $70,000 and Ether should exceed $4,000 for the bull season. Hayes also claimed that there will be a big bull season after the US elections, especially in 2025.
The Donald Trump-Elon Musk broadcast, which was eagerly awaited in the world, especially in the USA, took place on X at around 4 am this morning. The fact that not a single word Bitcoin / crypto was spoken in the nearly 2-hour live broadcast, where mostly US elections were discussed, created disappointment in the crypto world.
Participating in the 2015 Ethereum ICO and obtaining thousands of ETH at that time, the investor continues its sales. The investor, who sent 5000 ETH worth $13 million to the OKX exchange at night, still has more than 15 thousand tokens.
In investments in crypto funds, Bitcoin is by far the superiority in general, while last week’s figures show that there was a rush to Ether. A net $176 million was invested in the funds, where Bitcoin funds received $13 million and Ether funds received $155 million.
Binance exchange announced that it will take 6 cryptocurrencies off the platform. Assets will be de-listed on August 26.
The institutional purchases, one of the biggest factors in the return of Bitcoin, which fell to $49,000 last week, stopped in the last 2 days, causing Bitcoin to fall below $60,000.
The Binance exchange announced that it will convert a total of 15 cryptocurrencies to USDC and users must withdraw their assets before September 2. The conversion process of the relevant cryptocurrencies to USDC will end on March 2.
Bitcoin, which recovered after the sharp declines at the beginning of last week, fell below $60,000 again yesterday evening. The most important factors for this week’s price trajectory will be Tuesday’s PPI and Wednesday’s CPI data in the US.
Democrats who do not want to lag behind the Republicans in the US election race continue to see reactions from the crypto world. Finally, a Zoom meeting was held with the participation of many famous politicians and investors. At the meeting, it was learned that the important names of the crypto world were harsh on the Biden administration, there were shouting from time to time, and this well-intentioned meeting was actually not very positive for the Democrats.
While 2024 continues as the year of meme coins, there are also the opposite situations such as hard exits and big gains. A meme coin investor lost $900,000 in just 4 hours.