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$DOGE Bullish I think let's pump guys!!!! 💪💪💪💪
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On November 20, 2023, Bitcoin's price closed at $37,555.87, reflecting its steady consolidation during that period. Fast forward to today, November 20, 2024, Bitcoin is trading at approximately $92,850, marking a dramatic surge of over 147% in just one year. This rise reflects renewed institutional interest, ETF approvals, and increased adoption across financial markets. Such growth highlights Bitcoin’s volatility and potential as a store of value. The significant jump in price also aligns with broader trends in the cryptocurrency market, where global macroeconomic conditions and digital asset adoption continue to play key roles. $BTC
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What happens when Bitcoin Hits 100k
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Goldman Sachs To Spin Out Crypto Platform Goldman Sachs is preparing to spin out its crypto platform and create a new company focused on creating and trading financial instruments on various blockchain networks. The bank revealed it is speaking to potential collaborators to add to the platform’s capabilities and help develop new offerings. Mathew McDermott, Goldman’s Head of Digital Assets, said the spinout would be completed in 12-18 months, depending on regulatory approvals, stating it was in the market's best interest to have something industry-owned. He also revealed Goldman Sachs was planning to create marketplaces for tokenized real-world assets and focus on the “fund complex” in the United States and European debt markets. The bank will target large financial institutions over retail investors, and the new products will depend entirely on permissioned blockchains #COSSocialFiRevolution #Write2Earn $BNB
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Trump Media In Talks To Buy Crypto Trading Platform Bakkt Trump Media is in advanced talks to buy crypto trading platform Bakkt, sending shares of the platform soaring. The company, majority-owned by President-elect Donald Trump, also operates the Truth Social app, also saw its shares surge following the reports. Kelly Loeffler, a former CEO of Bakkt, is the co-chair of Trump’s inauguration committee. Bakkt went public in 2021 and generated over $50 million in revenue last year, according to data from FactSet. The exchange’s current market capitalization is just over $400 million. Trump is also set to meet Coinbase CEO Brian Armstrong in the pair’s first meeting since the election. However, details on the meeting’s agenda remain unclear. The meeting comes as Trump picks his cabinet and decides on other crucial roles. The President-elect plans to appoint a Bitcoin and crypto advisory council. Armstrong has publicly supported Hester Pierce, a Trump SEC Commissioner to lead the regulator. Coinbase also contributed over $100 million to various political action committees. $DOGE
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Binance Market Update: Top Stories November 20, 2024
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