Forwarded from Pavel Durov (Paul Du Rove)
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SpotOnChain also notes that, historically, real Bitcoin rallies have started right after U.S. presidential elections. 👀
The company’s analysts believe that regardless of whether Trump or Harris becomes the next president, BTC will continue its growth and potentially reach $100,000 this year.🚀
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The company’s analysts believe that regardless of whether Trump or Harris becomes the next president, BTC will continue its growth and potentially reach $100,000 this year.
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BTC ($2.19 billion) to unmarked wallet addresses on Monday, according to data from blockchain analytics firm Arkham.
Out of the $2.19 billion move, about 30,371 BTC was transferred to wallet address “1FG2C…Rveoy,” and 2,000 BTC was moved to Mt. Gox cold wallet “1Jbez…LAPs6.” The 2,000 BTC was later moved to an unmarked wallet “15gNR…a8Aok.”
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On Wednesday, November 6, Bitcoin surged to a historic peak, momentarily reaching $75,370 before a slight correction brought it down to around $73,000. This jump was fueled by the preliminary U.S. presidential election results showing Donald Trump’s lead.
According to Associated Press, Trump has secured 267 out of the 270 electoral votes needed, with his competitor Kamala Harris holding 214.
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Some Polymarket traders struck gold
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Over the past year, Tether has issued 37 billion USDT on the Ethereum and Tron networks, which is considered a major driver behind two new ATHs in 2024.
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U.S. spot Bitcoin ETFs saw a trading volume of over $6 billion on November 6 — the highest since their launch in January. The iShares Bitcoin Trust by BlackRock alone contributed $4 billion.
Total capital inflow reached $621.9 million, and spot ETFs now hold $76.48 billion in Bitcoin, which is 5.08% of all existing coins.💰
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Probably will boost the Bitcoin to the moon
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The last time Solana reached this level was in December 2021
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Additional tokens such as ARB, AVAX, STRK, ZKJ, CKB, CYBER, ADA, ENA, and PRIME may also enter the market.
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