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Pepe Unchained ($PEPU)
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Bitcoin Price Forecast: QCP Capital Sees Risk Assets Rising Amid Global Stimulus Surge

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Crypto Writer
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Arslan Butt
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Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

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QCP Capital’s latest market analysis highlights several key factors driving the resurgence of Bitcoin price and other risk assets.

The report attributes much of the positive momentum to proactive measures taken by central banks and recent political shifts.

Beijing’s commitment to bolstering global economic stability has injected optimism into the market, while the U.S. Federal Reserve’s interest rate cuts have further boosted investor sentiment across traditional and cryptocurrency markets.

Meanwhile, political developments in Japan, including forecasts of Ishiba’s appointment as Prime Minister, have reinforced expectations of continued aggressive monetary policies from the Bank of Japan.

In the U.S., inflation readings came in slightly below forecasts, reinforcing the case for further rate reductions. As a result, Bitcoin ETFs saw inflows of $494 million last week alone.

This influx of capital into Bitcoin can be attributed to central banks’ easing policies, creating a favorable environment for increased liquidity and renewed investor confidence in cryptocurrencies.

SEC Charges Mango Markets for Selling Unregistered Crypto Tokens; Impact on Bitcoin Price

The U.S. Securities and Exchange Commission (SEC) has accused Mango Markets, a cryptocurrency trading platform, of selling unregistered digital asset tokens deemed to be securities.

The SEC also reached a settlement with Mango Labs and Blockworks Foundation for failing to register as brokers.

This follows a previous conviction for commodities fraud involving a trader who manipulated Mango Markets, stealing $110 million from the platform.

  • The SEC’s actions signal continued regulatory pressure on digital assets.
  • The case underscores the need for clearer laws around cryptocurrencies.
  • Increased scrutiny could prompt the market to stabilize over the long term.

Binance Founder Changpeng Zhao Released After Serving 4-Month Sentence

Changpeng “CZ” Zhao, founder of Binance, has been released from U.S. federal prison after serving a four-month sentence for violating the Bank Secrecy Act and Anti-Money Laundering (AML) laws.

Zhao paid a $50 million fine and pleaded guilty to neglecting AML controls at Binance. The company also settled related penalties totalling $4.3 billion.

  • CZ resigned as Binance’s CEO but retains a significant stake in the company.
  • His release may ease concerns about Binance’s regulatory issues.
  • This could improve investor confidence and reduce legal uncertainties in the crypto market.

Bitcoin Price Outlook —September 29

Bitcoin (BTC/USD) has hit a key technical support at $65,560, completing a 23.6% Fibonacci retracement level.

A break below this level could trigger additional selling pressure, with immediate support seen at $65,010. The next support lies at $64,570, followed by a deeper level at $64,120.

On the upside, immediate resistance is at $66,440, with further levels at $66,870 and $67,030.

The Relative Strength Index (RSI) is currently at 64.14, indicating buying momentum, while the 50-day Exponential Moving Average (EMA) around $64,700 suggests a bullish outlook.

Key Insights:

  • 23.6% Fibonacci Retracement: Completed at $65,560. A break below signals potential downside.
  • Support Levels: $65,010 and $64,570 are key levels to watch.
  • Bullish Bias: RSI in the buying zone and support from 50-day EMA suggest upside potential if $65,560 holds.

Overall, Bitcoin’s technical indicators suggest a cautiously bullish outlook, with the potential for further gains if it maintains above $65,560.

While Bitcoin price navigates critical support levels, the rising interest in new presale coins like Pepe Unchained presents fresh opportunities for investors looking to diversify.

Why Pepe Unchained ($PEPU) Is a Strong Addition to Your Crypto Portfolio

Pepe Unchained ($PEPU) has quickly gained attention as an emerging cryptocurrency with promising growth potential. Early investors are particularly interested in its presale phase and lucrative staking options.

Presale Advantage

Investing in $PEPU during its presale offers an opportunity for significant gains. With experts like Jacob Crypto Bury encouraging early participation, investors can capitalize on the next price increase.

Currently, the token is priced at $0.00985, and with the presale nearing its cap, the next price hike is imminent.

Passive Income Through Staking

The 499% APY staking feature is a major draw for investors seeking passive income. This high yield is a compelling reason why $PEPU is seen as a strong addition to any crypto portfolio. Already, 321 million $PEPU tokens have been staked, underscoring investor confidence in its long-term potential.

Pepe Unchained has raised over $16.2 million, nearly reaching its $16.3 million presale goal. This milestone, combined with thorough security audits by Coinsult and SolidProof, ensures that $PEPU is a transparent and secure investment.

Buy PEPU Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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