As a seasoned crypto investor with over a decade of experience in this wild frontier, I can’t help but feel a sense of exhilaration as October approaches. The cryptocurrency market has always been unpredictable, but “Uptober” is a tradition that never fails to deliver excitement. With Adam Back predicting another bullish run and the return of CZ from his short stint in prison, the stage is set for some fireworks.
In response to an optimistic Bitcoin tweet posted by his previous employer, Adam Back (CEO of BlockStream), Samson Mow, a fervent Bitcoin advocate and the head honcho at JAN3, expressed his agreement.
“Uptober” coming to cryptocurrency market
The individual behind the company that developed the Bitcoin Lightning network for micropayments posted a tweet today, hinting at his readiness for the upcoming “Uptober” month. Traditionally, October has been a period of significant growth in financial and cryptocurrency markets, with prices reaching record highs. Consequently, this individual has made an extremely optimistic prediction about Bitcoin’s performance during the coming month.
We’re ready. Send it. 🫡🚀
— Samson Mow (@Excellion) September 27, 2024
This past summer, Mow, the head of JAN3, expressed his belief on Twitter that Bitcoin would soon hit the much-anticipated $1 million mark in the following year. For quite some time, he has been an ardent supporter of this substantial price forecast for digital gold.
In the final days of September, the original digital currency, Bitcoin, has experienced a 4.4% increase over the last 24 hours. This digital gold has soared from around $62,880 to break through the $65,000 mark and reach an impressive level of $65,785.
As a crypto enthusiast, I’m thrilled about the latest happenings in our dynamic world just as October, traditionally a strong month for cryptocurrencies, approaches. Guess who’s back? None other than CZ, and his return is creating quite a buzz!
CZ’s return could push market through roof: CryptoQuant CEO
Today, September 27th, Changpeng Zhao, co-founder and previous CEO of the Binance exchange who was imprisoned for a brief period, will be freed from prison as per a tweet by Ki Young Ju, the founder and CEO of CryptoQuant on-chain analytics company.
In late May, Changpeng Zhao (CZ) was convicted for breaching U.S. security laws and aiding Binance users in money laundering activities via their cryptocurrency exchange. As part of an agreement with the U.S. Department of Justice, Binance paid a massive fine and CZ resigned as CEO. Richard Teng, a senior executive at Binance, has been appointed to replace CZ. More recently, top executives within the company have permanently prohibited CZ from operating his cryptocurrency trading platform.
As a market analyst, I find myself aligned with the sentiment shared by Ki Young Ju and others in the cryptosphere. The re-emergence of a renowned crypto influencer and builder could potentially ignite a new wave of bullish momentum within the market.
Today, Czech Republic seems to be wrapping up earlier – there’s a sense of optimism all around. I’m not entirely sure why, but I can feel it myself.
All he needs is to say “I’m back” and the market could surge dramatically.
— Ki Young Ju (@ki_young_ju) September 27, 2024
He tweeted: “CZ is getting out early today—bullish vibes everywhere. He just needs to post ‘I’m back’ and the market will skyrocket.”
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2024-09-27 17:28