$PNUT coin
It is a cryptocurrency token based on the Solana network, and aims to provide distinctive services in the network ecosystem, with a focus on decentralized applications and providing innovative solutions in the world of digital finance.
Pros 🚀

1. Strong performance on the Solana network: Take advantage of the network's speed and low costs.

2. Limited total supply: which may contribute to the appreciation of the currency in the long run.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Blackrock’s IBIT hit $1B in trading volume within 20 minutes of the opening bell. Republican contender and former United States President Donald Trump has defeated Democratic Vice President Kamala Harris in the 2024 presidential election, and Bitcoin notched a new all-time high of over $75,000.

BlackRock’s iShares Bitcoin Trust gets the Trump bump
BlackRock’s iShares Bitcoin Trust (IBIT) recorded more than $1 billion in trading volume in the first 20 minutes of trading on Nov. 6. This bullishness appears to come from market optimism after former president and soon to be president-elect Donald Trump was declared the preliminary winner of the 2024 US presidential race.

Bitcoin reaches $76K in the wake of Trump’s victory. Source: Coinbase

The early movement caused analyst speculation to lean heavily towards optimism for both the stock markets and cryptocurrency, with Bitcoin positions expected to improve rapidly as Inauguration Day approaches on January 20th.

Trump’s election victory could be a positive for crypto
The cryptocurrency community is celebrating the victory of former President Donald Trump in the 2024 United States presidential election while officials are finalizing election results.

Trump, the Republican candidate, declared victory on election night, Nov. 6, pledging to usher in a “golden age” for America.
“I’m excited to be your 47th and your 45th president,” Trump said during what appeared to be a victory speech.
Live 2024 US presidential election results. Source: Associated Press

Trump’s win could be a promising sign for the cryptocurrency industry in the US, as Trump has repeatedly expressed support of crypto and branded himself as a pro-crypto candidate.

Trump has repeatedly promised to end the war on crypto if elected and promised to make the US the “crypto capital of the planet” if he wins the presidential election.

In July, Trump headlined the Bitcoin 2024 conference in Nashville, Tennessee, where he pledged to fire current US Securities and Exchange Chair Gary Gensler on his first day back in office. SEC Commissioner Hester Peirce, who’s known for her supportive stance on crypto, is believed to be a potential contender to take Gensler’s spot.

Trump also promised to launch a strategic Bitcoin
BTC
tickers down
$75,340
reserve in the US to make sure that the US government holds 200,000 BTC acquired from enforcement actions.

With Trump’s victory, the “anti-Bitcoin movement” in the United States has “died,” according to Dennis Porter, co-founder of the Satoshi Action Fund.

“The USA will be the most pro-Bitcoin nation in the world,” Porter wrote in an X post commenting on the presidential win
Dennis Porter’s comments on Donald Trump’s victory in the 2024 US presidential election. Source: Dennis Porter

Bitcoin hits new $75,000 all-time high as Trump leads
Bitcoin briefly topped $75,000 on Nov. 6 —surpassing its previous all-time high of $73,800 — as the market responded positively to Republican candidate Donald Trump taking an early lead in the presidential election race.

The price of Bitcoin has since retraced slightly to $73,871 at the time of publication, according to TradingView data.
Bitcoin surged to reach a new all-time high of $75,000 during the election vote count. Source: TradingView

Early election results from the Associated Press showed Trump taking the lead with 198 electoral college votes compared with Kamala Harris’ 112 votes, as of 3:40 am UTC on Nov. 6. The candidate who claims victory will need to secure a minimum of 270 electoral votes.

Despite notching a new all-time high, analysts and traders expect Bitcoin’s price action to remain extremely volatile both during and following the election.
#Bitcoin❗ #cryptocurren #NovemberMarketAnalysis $BTC

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