🚀 BlackRock’s Bitcoin ETF Surpasses Their Own Gold ETF in Net Assets!
BlackRock’s spot Bitcoin ETF (IBIT) has now outpaced their Gold ETF (IAU) in assets under management.
❗️BlackRock currently holds a whopping 447,280 BTC – iShares.
Bitcoin taking the lead over gold? Times are changing! 🌟
BlackRock’s spot Bitcoin ETF (IBIT) has now outpaced their Gold ETF (IAU) in assets under management.
❗️BlackRock currently holds a whopping 447,280 BTC – iShares.
Bitcoin taking the lead over gold? Times are changing! 🌟
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Over the weekend, Bitcoin showed significant growth, soaring past the $80,000 mark without even slowing down. 🚀
Another ATH was reached last night when Bitcoin hit $81,800.
But altcoins finally stopped lagging and began their rapid growth. Among the top 10, Dogecoin showed the best results (no surprise, as Elon Musk with his D.O.G.E. has been buzzing in everyone's ears), even surpassing XRP and unexpectedly catching up with Cardano, which is not far behind Doge in growth pace.
It’s great to see such a green market! 📈🔥
Another ATH was reached last night when Bitcoin hit $81,800.
But altcoins finally stopped lagging and began their rapid growth. Among the top 10, Dogecoin showed the best results (no surprise, as Elon Musk with his D.O.G.E. has been buzzing in everyone's ears), even surpassing XRP and unexpectedly catching up with Cardano, which is not far behind Doge in growth pace.
It’s great to see such a green market! 📈🔥
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From a fundamental perspective, Bitcoin does not show "signs of overheating" - Galaxy Digital. 👀
According to report, Bitcoin and other cryptocurrencies will trade "at levels significantly exceeding the historical maximum over the next 12-18 months!" 🔥
According to report, Bitcoin and other cryptocurrencies will trade "at levels significantly exceeding the historical maximum over the next 12-18 months!" 🔥
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🚀 VanEck Predicts Bitcoin at $300k!
The CEO of VanEck has boldly stated that Bitcoin could reach $300,000. VanEck believes Bitcoin will become "digital gold" and a store of value.
🗣 What do you think about this? How long will it take for Bitcoin to reach $300k?
👍 — Possible, but it will take a long time
🔥 — Possible, but only after the next halving
🚀 — Already taking off; $300k by 2025
🤔 — Bitcoin is overvalued and will never surpass $100k
The CEO of VanEck has boldly stated that Bitcoin could reach $300,000. VanEck believes Bitcoin will become "digital gold" and a store of value.
🗣 What do you think about this? How long will it take for Bitcoin to reach $300k?
👍 — Possible, but it will take a long time
🔥 — Possible, but only after the next halving
🚀 — Already taking off; $300k by 2025
🤔 — Bitcoin is overvalued and will never surpass $100k
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Crypto soothsayer
🔝 Here’s how far some cryptocurrencies are from their previous all-time highs (time to catch up with Bitcoin!)
Update: Following Bitcoin's new ATH, SUI, GOAT, and MEW have also reached their all-time highs. 🚀
The next top contenders are BNB, SOL, TAO, and PEPE.
ETH, JUP, WIF, and PENDLE are still over 50% away from their ATHs. ⌛️
The next top contenders are BNB, SOL, TAO, and PEPE.
ETH, JUP, WIF, and PENDLE are still over 50% away from their ATHs. ⌛️
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The Fear and Greed Index is at its highest level since March this year 📈
Historically, prolonged periods in the "Extreme Greed" zone (75-100) have often preceded Bitcoin corrections. 🤔
In February 2021, the Fear and Greed Index hit a peak of 95, with Bitcoin rising to $64,000 by April, only to crash to $30,000 over the next three months.
Historically, prolonged periods in the "Extreme Greed" zone (75-100) have often preceded Bitcoin corrections. 🤔
In February 2021, the Fear and Greed Index hit a peak of 95, with Bitcoin rising to $64,000 by April, only to crash to $30,000 over the next three months.
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🚀 Bitcoin reached $83,000!
Over the past 24 hours, traders' positions worth $624 M have been liquidated (link).
Over the past 24 hours, traders' positions worth $624 M have been liquidated (link).
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User Loses $25M Due to Wrong Address! 🙀
A crypto user mistakenly sent $25 million worth of Renzo restaked ether to the wrong address, locking the funds potentially forever. Instead of sending to their safe wallet, they accidentally transferred the funds to a safe module address, which they can't withdraw from without Renzo’s intervention. 🤷
👒 Desperate to recover the funds, the user appealed to hackers and white hats on social media, offering a $2.5 million reward for assistance. However, experts suggest that the only solution may be if Renzo upgrades its contract with a rescue feature—a step they have yet to respond to. 🧐
This incident is a stark reminder of the risks in crypto transactions, where even a small copy-paste error can lead to massive losses.
A crypto user mistakenly sent $25 million worth of Renzo restaked ether to the wrong address, locking the funds potentially forever. Instead of sending to their safe wallet, they accidentally transferred the funds to a safe module address, which they can't withdraw from without Renzo’s intervention. 🤷
👒 Desperate to recover the funds, the user appealed to hackers and white hats on social media, offering a $2.5 million reward for assistance. However, experts suggest that the only solution may be if Renzo upgrades its contract with a rescue feature—a step they have yet to respond to. 🧐
This incident is a stark reminder of the risks in crypto transactions, where even a small copy-paste error can lead to massive losses.
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🌐 Crypto Market Cap Could Soar to $10 Trillion by 2026 with Trump Administration: Standard Chartered 🚀
According to Standard Chartered, a Republican victory could usher in favorable regulations and policies, potentially pushing the crypto market cap to $10 trillion by 2026. 💰📈
They also maintains bullish targets, predicting Bitcoin at $200,000 and Ethereum at $10,000 by 2025. Solana is expected to outpace both. While a U.S. Bitcoin reserve is unlikely, it could be a game-changer if considered. 🤔
According to Standard Chartered, a Republican victory could usher in favorable regulations and policies, potentially pushing the crypto market cap to $10 trillion by 2026. 💰📈
They also maintains bullish targets, predicting Bitcoin at $200,000 and Ethereum at $10,000 by 2025. Solana is expected to outpace both. While a U.S. Bitcoin reserve is unlikely, it could be a game-changer if considered. 🤔
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🚀 Onward to $85,000!
Bitcoin keeps soaring, unstoppable and wild! The latest push in BTC’s price surge was fueled by the stock market, with trading volume for BlackRock’s Bitcoin ETF hitting over $1 billion in just the first 35 minutes of the U.S. session. 💰
🤯 This “Bitcoin mania” is sweeping across the American stock market, with Coinbase and MicroStrategy shares ranking among the top 5 in trading volume today, according to Eric Balchunas.
Bitcoin keeps soaring, unstoppable and wild! The latest push in BTC’s price surge was fueled by the stock market, with trading volume for BlackRock’s Bitcoin ETF hitting over $1 billion in just the first 35 minutes of the U.S. session. 💰
🤯 This “Bitcoin mania” is sweeping across the American stock market, with Coinbase and MicroStrategy shares ranking among the top 5 in trading volume today, according to Eric Balchunas.
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🥇 Last night, Bitcoin calmly and steadily surpassed the $89,000 level, stopping just one step away from $90,000 (new ATH - $89,940 on Binance). 🚀
BTC continues to run on the fuel of liquidated short positions. In the past 24 hours alone, shorts worth $434.44M were liquidated. 🔪
Meanwhile, U.S. spot Bitcoin ETFs recorded a record trading volume of $7.3 billion yesterday, with a net inflow of $1.1 billion. 💰📈
BTC continues to run on the fuel of liquidated short positions. In the past 24 hours alone, shorts worth $434.44M were liquidated. 🔪
Meanwhile, U.S. spot Bitcoin ETFs recorded a record trading volume of $7.3 billion yesterday, with a net inflow of $1.1 billion. 💰📈
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💃 Vitalik’s Dance for Ethereum’s Rise?
As Ethereum smashed through $3300 and daily inflows to spot Ethereum ETFs hit a record $295 million, Vitalik Buterin decided to celebrate in style—by dancing at a conference in Bangkok! 🕺
A shamanic dance to summon even more growth? Who knows, but with ETH setting records, we’ll take all the good vibes we can get! 😆
As Ethereum smashed through $3300 and daily inflows to spot Ethereum ETFs hit a record $295 million, Vitalik Buterin decided to celebrate in style—by dancing at a conference in Bangkok! 🕺
A shamanic dance to summon even more growth? Who knows, but with ETH setting records, we’ll take all the good vibes we can get! 😆
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Crypto soothsayer
NBA legend Scottie Pippen claimed that during the night, he was visited in a dream by Satoshi Nakamoto, who said that on November 5, 2024, Bitcoin would reach $84,650. 😁 Do we believe it?
👀 Back in September, NBA legend Scottie Pippen shared that he had a dream where Satoshi Nakamoto appeared and predicted that Bitcoin would reach $84,650 on November 5, 2024. 😌
Though Pippen was off by just a few days, his dream turned out to be surprisingly accurate, even though many called him crazy at the time. 🤪🚀💰
Though Pippen was off by just a few days, his dream turned out to be surprisingly accurate, even though many called him crazy at the time. 🤪🚀💰
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👀 Trump Seeks Crypto-Friendly Candidates for Key Government Positions — Washington Post
🙇♂️ Trump’s senior advisors are consulting with leaders from the crypto industry to explore possible federal policy changes. Among the candidates being considered for SEC Chair:
▪️ Daniel Gallagher — currently at Robinhood
▪️Two Republicans and SEC members, Hester Peirce and Mark Uyeda
For Treasury Secretary, Trump’s top candidate is billionaire hedge fund investor Scott Bessent, a vocal supporter of crypto, especially Bitcoin.👍
🙇♂️ Trump’s senior advisors are consulting with leaders from the crypto industry to explore possible federal policy changes. Among the candidates being considered for SEC Chair:
▪️ Daniel Gallagher — currently at Robinhood
▪️Two Republicans and SEC members, Hester Peirce and Mark Uyeda
For Treasury Secretary, Trump’s top candidate is billionaire hedge fund investor Scott Bessent, a vocal supporter of crypto, especially Bitcoin.👍
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😮 Arthur Hayes publishes a new essay where he claims that Bitcoin could rise to $1,000,000 thanks to U.S. Republicans' decisions under "Trumponomics."
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🇺🇸 U.S. Bitcoin Reserve Bill Could Pass in Trump’s First 100 Days – Cynthia Lummis
Earlier, Senator Cynthia Lummis has introduced a bill in the U.S. Senate to establish Bitcoin as a reserve asset for the Federal Reserve (link).
Key points:
▫️The U.S. government must acquire 5% of Bitcoin’s total supply.
▫️A "BTC Purchase Program" aims to buy up to 200,000 BTC annually for 5 years.
▫️A reserve fund will be created with strict cybersecurity measures.
▫️U.S. states can voluntarily act as custodians for BTC reserves.
Earlier, Senator Cynthia Lummis has introduced a bill in the U.S. Senate to establish Bitcoin as a reserve asset for the Federal Reserve (link).
Key points:
▫️The U.S. government must acquire 5% of Bitcoin’s total supply.
▫️A "BTC Purchase Program" aims to buy up to 200,000 BTC annually for 5 years.
▫️A reserve fund will be created with strict cybersecurity measures.
▫️U.S. states can voluntarily act as custodians for BTC reserves.
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📈 MicroStrategy Stock Hits 2000 ATH!
MicroStrategy shares have surpassed $300 for the first time since the dot-com bubble. To reach this level, the company accumulated a staggering 279,420 BTC!
👀 Meanwhile, well-known Bitcoin skeptic Peter Schiff has openly accused Michael Saylor and MicroStrategy of inflating a Bitcoin bubble. He claims that the company borrows money and issues shares to buy more Bitcoin, which pushes Bitcoin’s price higher, thereby lifting MSTR stock as well. This allows them to borrow more and purchase even more Bitcoin, creating a closed cycle.
💬 “Wash, rinse, repeat—what could possibly go wrong?” Schiff remarked sarcastically. 🤔
MicroStrategy shares have surpassed $300 for the first time since the dot-com bubble. To reach this level, the company accumulated a staggering 279,420 BTC!
👀 Meanwhile, well-known Bitcoin skeptic Peter Schiff has openly accused Michael Saylor and MicroStrategy of inflating a Bitcoin bubble. He claims that the company borrows money and issues shares to buy more Bitcoin, which pushes Bitcoin’s price higher, thereby lifting MSTR stock as well. This allows them to borrow more and purchase even more Bitcoin, creating a closed cycle.
💬 “Wash, rinse, repeat—what could possibly go wrong?” Schiff remarked sarcastically. 🤔
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