​​In our latest "Ask me anything" column, quantum scientist Raghavendra Srinivas reflects on the changes, challenges and opportunities that come with career progression

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🇧🇷 Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil

Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational services account for $14.7 billion that flowed out of Brazil through August, hinting at the use of virtual assets as payment tools.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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💰 VanEck optimistic on Bitcoin’s momentum in Q4 but wary of Ethereum’s struggles

VanEck remains optimistic about Bitcoin’s outlook heading into the fourth quarter, citing strong macroeconomic support and institutional inflows while expressing concerns over Ethereum’s ongoing struggles with market share and declining fee generation. According to the firm’s September recap report, Bitcoin surged 7.7% over the month, buoyed by the Federal Reserve’s rate cut and China’s economic stimulus. It outpaced Ethereum, which managed only a 3.2% gain over the same period.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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💰 Geopolitical risks could drive bitcoin below $60,000, creating buying opportunity, Standard Chartered analyst says

Standard Chartered's global head of digital assets research Geoff Kendrick said that while risks in the Middle East may drive bitcoin lower, investors should consider it a buying opportunity due to Donald Trump's rising chances in the U.S. presidential election race. "Risk concerns related to the Middle East seem destined to push bitcoin below $60,000 before the weekend, but, positions like the $80,000 call options highlighted here and the circularity vis-à-vis Trump probabilities suggests the dip should be bought into," Kendrick said in a note.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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🇯🇵 Japan’s Metaplanet buys additional $6.9 million in bitcoin, bringing total holdings to $32 million

Japanese investment firm Metaplanet Inc. announced today that it purchased an additional 107.913 bitcoin worth about 1 billion yen ($6.9 million), as the company remains bullish on the world’s largest cryptocurrency. The Tokyo-listed firm said that it made the latest purchase at an average price of 9.26 million yen ($64,168) per bitcoin. This brought its total bitcoin holdings to 506.745 bitcoin, worth about $32.2 million at current price.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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🪙 Ethereum Foundation has sold over $10 million worth of ether this year

The Ethereum Foundation sold another 100 ether, pushing this year's total to over $10 million worth of the cryptocurrency, according to data posted by blockchain analytics provider Lookonchain. The organization "sold 100 ETH ($263,000) again 30 mins ago," Lookonchain posted to X on Monday. "Ethereum Foundation has sold a total of 3,766 ETH ($10.46 million) this year."

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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💰 Polymarket Predicts 61% Chance of 2024 Bitcoin All-Time High, 17% for $100K

With bitcoin trading above $65K, crypto enthusiasts are anticipating big price moves in October. Many still believe BTC will exceed its all-time high before the year ends. On Polymarket, a blockchain-powered predictions platform, the odds currently show a 61% chance that bitcoin will top the record it set seven months ago.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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💰 Bolivian crypto transactions soar after lifting Bitcoin ban

According to a report from the Central Bank of Bolivia (BCB), virtual asset transactions in Bolivia more than doubled in the last three months after the country lifted its ban on Bitcoin in June. Between July and September, the average monthly trade volume soared to $15.6 million, compared to $7.6 million in the first half of the year. This sharp rise brought the total transaction value for the quarter to $46.8 million, surpassing the previous six months.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar

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