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🇺🇸 Detroit, Michigan, will become the largest US city to accept
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Bitcoin Whales Make Significant Purchases, Driving Price Expectations Higher. Recent large purchases of Bitcoin by whales creating new wallets have captured attention in the cryptocurrency market. According to the latest data, these new wallets have accumulated approximately $145 million worth of Bitcoin, reinforcing expectations for a market rally. On-chain data reveals that investor interest is particularly directed towards Bitcoin. Interest in Spot Bitcoin ETFs Rises in the US. Demand for Spot Bitcoin ETFs in the United States is increasing rapidly. On November 7, over $1 billion was invested in these ETFs, marking the highest inflow since January. BlackRock's Bitcoin ETF contributed significantly during this period by attracting $1.11 billion in funds, indicating a rise in institutional interest in cryptocurrencies and supporting growth in the digital asset market. Expectations of Price Increase for BTC Strengthen. Current trends suggest an increased likelihood of Bitcoin price appreciation. Crypto analyst Ali Martinez points out that if BTC maintains the $71,489 level, the price could rise to $85,360. He highlights that 24,000 BTC, valued at approximately $1.80 billion, has been withdrawn from exchanges recently. It also seems probable that Bitcoin's price will surpass $88,000 in November. However, despite these optimistic expectations, it is essential to consider that price increases may lead to volatility. Short-term profit realizations can influence investors' decisions. Upcoming U.S. inflation data may also impact market sentiment. Donald Trump's support for BTC and digital assets strengthens investors' long- term outlooks. The substantial purchases by Bitcoin whales and increasing institutional interest in ETFs indicate that BTC may experience a robust upward trend in the future. Investors should closely monitor these movements to make informed decisions.
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JUST IN! Binance Labs Announced Its New Investment Project! It Was Its First Investment For This Sector! Binance Labs, the venture capital and incubation arm of Binance, has announced an investment in BIO Protocol to accelerate decentralized science (desci) financing. Binance Labs has taken its first step into the decentralized science sector with an undisclosed investment in BIO Protocol. "Binance Labs has invested in BIO Protocol, a pioneering protocol that is changing the way early-stage scientific research is funded and commercialized using blockchain technology. "At Binance Labs, we are committed to bringing about groundbreaking developments that create long-term, real-world impact by supporting projects that build meaningful technologies. This approach aligns closely with our investment in BIO Protocol." "BIO Protocol represents a significant step forward in DeSci by combining biotech and DeFi," said Andy Chang, Chief Investment Officer at Binance Labs. "At Binance Labs, we are committed to unlocking groundbreaking advances that create long-term, real-world impact by supporting projects that build meaningful technologies; this approach aligns closely with our investment in BIO."
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📈Whale Alert! Whales snapped up $2.35M of FWOG, the frog-themed meme coin, driving it to an all-time high of $0.369 and pushing its market cap past $350M! 🌐The recent listing on SolCex boosted FWOG’s visibility, making it Solana’s top-performing meme coin and tripling the market cap of its Ethereum Layer 2 rival, Scroll. 🔥FWOG was October’s second-best meme coin with 262% gains and is now breaking major trendlines. 📊FWOG’s MACD and ADX indicators show a strong bullish trend – looks like the frogs are on a roll!
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We are at the beginning of the bullrun. And the evidence that the Cardano currency is always the first to rise when we enter the bullrun If the Cardano currency reaches $ 1, this is a sign that the currencies will hit hard soon. When you see the acquisition correction with the stability of Bitcoin in a price range and the currencies launching an accelerating upward movement, it will be a signal of the beginning of the end, The market takes from a month to two months at most and the currencies do not need more time than that to rise and achieve a peak, At that time, secure your deals by activating a stop loss and start raising caution from the market and do not be greedy and do not distract yourself with positive news and follow each deal separately and be firm in reaping your profits and exiting and do not re-enter even if the market rises after your exit. And we ask God for success for everyone. Currencies at the beginning of the rise. Layer 1 on fire 🔥 Celo Lrc Pol Ada One Jup ..... It's time for L2 to pump Then defi Games. Each sector will reach its turn to rise within a specific time. But layer 2 currencies always start to rise, they are the first in the market. And my advice is to trade with caution No fomo.
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Bitcoin Report from QCP Capital: 'Bitcoin (BTC) Could Be an Alternative to Stocks!' Here Are the Details. With the dollar reversing most of its early post-election gains and Treasury yields stabilizing in recent ranges, investors' enthusiasm for "Trump trades" appears to be waning, according to a report by crypto and macro trading firm QCP Capital. Investors Pull Back from "Trump Trading" as Markets Weigh Tariffs, Debt Concerns, QCP Reports. The shift comes as markets weigh the impact of President-elect Donald Trump's proposed 60% tariffs on Chinese imports and fiscal issues such as the expanding national debt. Initial market reactions to Trump's election win led to strong rallies in both the dollar and Treasury yields, but those moves have since retreated, signaling caution among investors, QCP analysts said. Amid this pullback, QCP sees the potential for Bitcoin (BTC) to emerge as a more stable alternative to stocks. "Due to concerns about tariffs and fiscal policies, we project a lower risk premium for BTC relative to equities," QCP said. "This environment could position Bitcoin to outperform other risky assets, especially as fiscal concerns escalate." QCP's view suggests that BTC could serve as a relatively safer asset in the current economic environment, especially as traditional markets grapple with Trump's trade policies and rising debt issues. Analysts suggest that BTC's correlation with equity markets may be decreasing, potentially appealing to investors looking for alternatives other than stocks.
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