$BTC This morning, BTC successfully reached $99,000 with a wave of pull-ups, and it is only a few hundred dollars away from the $100,000 mark. Many people say that BTC will just pass $100,000 in this round of bull market, but I don't think so. Although the current market's fomo sentiment has begun to spread, and the panic greed index has reached the extremely greedy range, there is a need for a short-term correction, but I still think that $100,000 is just the beginning, and the truly magnificent and violent bull market will officially begin next year.
$ETH $XRP The current SEC Chairman Gensler tweeted on X yesterday that he would resign on January 20 next year. Affected by this news, some mainstream currencies such as ETH, XRP, and SOL have risen sharply. Since the SEC has been taking severe repressive measures against the cryptocurrency industry during Gensler's tenure, his resignation will indirectly bring greater and better development opportunities to the crypto industry. The industry generally believes that after the new SEC chairman takes office, ETH spot ETFs are very likely to be allowed to be pledged, which will greatly increase the attractiveness of ETH spot ETFs to institutions. I am full of expectations that the second half of the bull market will be kicked off by the surge in ETH. 🤩
BTC has been soaring since Trump won the election, and its market share has risen to nearly 61%. Everyone says that this round of bull market is only BTC's bull market. Except for BTC and some memes, the others are basically lying at the bottom. The previous alt season is gone. Will there really be no alt season? According to previous records, BTC has been the only one in the first half of each bull market. Only BTC's outstanding performance can attract a large amount of new funds from outside the circle to flow into the currency circle. The altcoin season is a product of human greed. When BTC reaches a certain height and subsequent funds can no longer push it up, capital will never sleep. The funds left in the market will naturally look for new targets. Funds will flow in different sectors, and altcoins will usher in an era of chaos. Only then will the bull market enter its final stage. 🤣
A gluttonous feast in the currency circle is about to be served. Don't just eat a bite of cold dishes and leave! 😂
Bitcoin has once again refreshed its ATH, approaching $98000, and the $100,000 mark is just around the corner. It is said that Trump will establish the first cryptocurrency position in the White House after taking office on January 20 next year, which is undoubtedly a huge benefit for cryptocurrencies and will help continue to push up the price of Bitcoin.
Polymarket predictive data shows that the probability of Bitcoin breaking $100,000 this year has risen to 74%. There is even more optimism for Bitcoin's price next year, with PlanC's valuation model estimating a peak price range for next year's bull market at $193,000 to $288,000.
MicroStrategy is also heavily purchasing Bitcoin, having bought $6.6 billion worth of Bitcoin in the last two weeks, and plans to increase the amount of funds raised for purchasing Bitcoin from the originally planned $1.75 billion to $2.6 billion. Since MicroStrategy incorporated Bitcoin into its investment assets, its stock price has skyrocketed, setting new highs. They currently hold 331,200 Bitcoins, with a total value exceeding $31 billion, creating a profit of $14.9 billion for the company, with a profit margin of 90%. This impressive performance is undoubtedly attractive to other peers. When the new U.S. government is established next year and fully embraces cryptocurrencies, more and more companies will flood in to buy Bitcoin, and with Bitcoin's maximum supply limited to 21 million coins, it will be a tough market with high demand and low supply, ushering in a new era where it is hard to obtain a single coin. 😜
$BTC As Bloomberg analysts said, BlackRock's BTC spot ETF options trading was officially launched yesterday. Affected by the good news, BTC hit a new high. Bitwise and Grayscale's spot BTC options trading will also be launched today, and BTC's market liquidity continues to increase. In terms of options market trading volume, call options far exceed put options, and the optimism about BTC breaking through $100,000 dominates the market. Futures open interest has surpassed the record at the peak of the 21-year bull market, far higher than the peak in March this year. The fear and greed index has remained at an extremely greedy level, similar to the peak in March this year. Market sentiment is a bit overheated in the short term. 🤫 Since entering November, whales and institutions have continued to increase their holdings of BTC. MicroStrategy purchased $6.6 billion worth of BTC in two weeks. Saylor also said that he would speed up the fundraising to increase his holdings of more BTC. Metaplanet, known as Japan's MicroStrategy, also purchased 1.75 billion yen worth of BTC as scheduled after announcing the issuance of bonds to purchase BTC.
Saylor also accepted the invitation of the Microsoft board of directors and will give a three-minute speech at the board of directors who will decide whether to include BTC in Microsoft's investment assets at the beginning of next month. Saylor emphasized that BTC should be part of the strategic agenda of large companies, especially companies with large cash reserves such as Apple, Google, and Meta. They all have huge cash reserves, and including BTC in their investment portfolios can maximize shareholder interests and provide the company with long-term financial stability and inflation resistance. If Microsoft's board of directors in December can pass this resolution, then corporate-level purchases will accelerate, leaving us retail investors with less and less time to accumulate BTC cheaply. 😅 #BTC再次刷新历史高点 #BTC何时突破10万? #比特币ETF期权上线 #上市公司比特币战略 #Saylor观点
$BTC According to Bloomberg analysts, spot Bitcoin ETF options trading will be launched this week. Diversification of BTC investment is conducive to improving the overall liquidity of the market.
Polish presidential candidate Slawomir Mentzen proposed a plan to include BTC in national reserve assets. Just like many countries followed suit after the US spot ETF was passed, Trump will start a plan to include BTC in national strategic reserve assets after taking office next year. I believe that more and more countries will follow the footsteps of the United States.
MicroStrategy has increased its holdings of BTC again. They have purchased 51,780 BTC with a total value of US$4.6 billion. MicroStrategy has spent US$6.6 billion on BTC in the past two months, exceeding the total amount purchased in the previous three years. The single purchase of US$4.6 billion is also the largest purchase of BTC in the history of MicroStrategy. But MicroStrategy does not seem to be satisfied. Saylor said that this is just the beginning of the US$42 billion purchase plan. MicroStrategy will continue to raise more funds to speed up the purchase of BTC.
As the price of BTC continues to rise, MicroStrategy's stock price has hit record highs. Now MicroStrategy's stock price has far exceeded the increase during the Internet bubble.
Influenced by MicroStrategy's successful experience, more and more companies around the world have begun to join the army of buying BTC. Metaplane, known as Japan's MicroStrategy, issued a one-year bond totaling 1.75 billion yen to purchase BTC, artificial intelligence AI company Genius Group also purchased 110 BTC, and Semler Scientific just increased its holdings by 215 BTC. Next year, this trend will only intensify, and the scarcity of BTC will be further reflected.
The BTC balance in the exchange has dropped to the lowest point since November 2018, and the BTC available for trading in the exchange is rapidly decreasing. The demand for BTC by countries and institutions is increasing, the output of miners is a drop in the bucket, and the BTC inventory of the exchange is shrinking. The scene of hard to find a coin is coming soon.
The door to the opportunity for ordinary people like us to create a myth of getting rich quickly is slowly closing. What are you still hesitating about? Time is running out. 🏃♂️
$BNB Just discovered that many people seem to be unaware of Binance's WOTD word guessing event that rewards points. As shown in the picture below, guessing correctly 5 times within 7 days will earn you points, which can be exchanged for BNB vouchers or fee rebate vouchers at the rewards center. It takes less than a minute each day, and I have listed the answers below. This is a pretty minor benefit, big shots can ignore it 😅
$BTC Due to the recent strong performance of the US economic market, expectations for a rate cut in December have been continuously reduced. As a result, the three major US stock indexes and gold have all fallen, and BTC spot ETFs have also experienced outflows, but BTC is still strong and has remained stable around the $90,000 mark.
In terms of exchanges, the trading volumes of Binance and Coinbase have surged this month, almost returning to the level of March this year. Even with a large number of tokens unlocked this week, market sentiment remains optimistic, and the panic greed index has soared to the extremely greedy range of 90. Historically, every time the trading volume of meme coins surges, the price of BTC will reach a short-term peak. Recently, the Google search index of meme coins has hit a record high, and it is normal to have several sharp pullbacks in a bull market cycle. If you are still short, don't be dominated by fomo emotions to chase highs. 😜
$BTC has adjusted back in recent days after breaking through $93,000. This is a very healthy adjustment period. It can continue to rise after sufficient turnover. Although the global market value ranking has temporarily been surpassed by Saudi Aramco and has fallen back to eighth place, the current ranking is not important. The ultimate goal of BTC is to replace gold, which is currently ranked first in the world's assets, and become a global value storage asset.
The head of digital assets at VanEck pointed out that whether from the perspective of Google search volume or the download volume of encrypted applications, the market has huge potential, and the crazy stage of the bull market is far from coming. And predicted that the peak of BTC in this round of bull market will exceed the $180,000 mark.
$XRP Trump promised during the campaign that the first thing he would do after taking office would be to fire Gary Gensler, the current chairman of the SEC who is very unfriendly to cryptocurrencies. Fox media reported that Gensler might choose to resign after Thanksgiving for the sake of decency. Affected by this news, XRP, which has been in a lawsuit dispute with the SEC and has been sluggish for five years, has started a crazy pull mode.
$ETH The SEC has always taken a suppressive attitude towards cryptocurrencies. Even if it has approved ETH ETFs, it prohibits ETH staking in spot ETFs, resulting in ETH ETF capital inflows far behind BTC ETFs. When Trump, who strongly supports cryptocurrencies, takes office next year and allows ETH staking in ETFs, the attractiveness of ETH ETFs will be greatly increased for institutions, because the income from ETH staking can completely cover the ETF management fees and increase investors' income. At that time, ETH ETFs will also have a steady influx of funds like the current BTC ETFs, providing financial support for ETH's rise. After ETH rises, it will be the time for altcoins to dance wildly. Next year, we just need to wait patiently, and the carnival season of altcoins is about to come out.
Warm reminder: Doomsday Chariot ETC and EOS were both launched yesterday. Although there is no need to worry about long-term, short-term traders should be careful. 🤫 #市场回调,观望还是上车? #SEC主席GaryGensler #xrp短线上扬 #eth质押 #末日战车
$BTC Federal Reserve Chairman Bao said that the US economy is performing well and there is no need to cut interest rates in the near future. Affected by this statement, BTC and the three major stock indexes continued to fall, and spot ETFs experienced net outflows for two consecutive days.
Recently, some BTC in wallets from ancient times have moved, been transferred to exchanges and sold. However, affected by these unfavorable conditions, the BTC price is still above $90,000, and the BTC share has also risen again, which shows that the current market focus is still on BTC.
Senator Cynthia Lummis formally submitted the Bitcoin Act to the US Congress. This bill is exactly what Trump promised during his campaign that the US government would purchase at least 200,000 BTC per year and a total of 1 million BTC for five consecutive years. Given that Trump is about to take office in January next year, the probability of the bill passing is very high. Cynthia Lummis also proposed that the United States sell its gold reserves to purchase BTC. It seems that the United States really wants to play a core player in the future crypto world. If the United States really sells gold and uses BTC as its national strategic reserve asset, Europe, Australia and China will have to follow suit. By then, the size of BTC will be incomparable to today. 🤑
$FDUSD $BNB Based on the mining results of less than half a day, the annualized return of mining with fdusd is 30% higher than that of mining with bnb. Currently, there are 18 million bnb coins participating in mining, worth about 11 billion US dollars, and the total market value of fdusd is only 2.4 billion dollars. If you don’t have bnb positions before and just want to buy coins to participate in this Launchpool, I suggest that buying fdusd mining is more cost-effective, and the short-term price fluctuation losses will be smaller. 🤫
$BNB I just said four days ago that Launchpool is coming and it is here. If we bnb hodlers are not paid, we will starve to death. 😵
$FDUSD Binance's Launchpool is one of the few projects that can make big money profit without risk. If you have bnb and fdusd, you must participate. If you hold fdusd, just lock the position according to the steps in Figures 1 and 2. If you hold bnb, don't lock the position directly. Put bnb in the current or fixed deposit as shown in Figure 3 to get interest and lock the bnb, which can double the income. 🤑
For details of Binance's new Launchpool, see 👇
Binance Launchpool has launched the 61st project - Usual (USUAL), a decentralized fiat stablecoin issuer.
Users can invest BNB and FDUSD into the USUAL reward pool on the Launchpool website after 08:00 (GMT+8) on November 15, 2024 to obtain USUAL. The USUAL activity will last for 4 days.
$FDUSD has launched high-interest fixed-term, $BNB has rapidly risen in the past few days, $SCR has already ended for nearly a month, the three major signs are emerging simultaneously, the new issue of Launchpool should be coming out now, right? The BNB in my hands is getting moldy from holding it too long😤
$BTC Last night, BTC briefly broke through $93,000. After exceeding the market value of silver, it also exceeded the market value of Saudi Aramco, standing at the seventh position in the world in terms of market value.
According to data from Polymarket, since Trump was elected as the US president, the probability of BTC standing at $100,000 by the end of 2024 has risen to 70%. As BTC continues to rise, we are witnessing the era of Bitcoin's six-digit figures.
US spot ETFs have been strongly inflowing for 6 consecutive days. Since Trump was elected as the US president, all spot ETFs have been inflowing crazily every day, which shows the strong demand for BTC purchases by institutions.
Tether also issued 4 billion USDT after Trump was elected, and these USDTs have now flowed into major exchanges. The large amount of USDT issued in a short period of time has been madly pouring into exchanges, indicating that the demand of retail investors has increased sharply.
The market predicts that the global market will usher in nearly 20 trillion new liquidity in the next 12-15 months, and each bull market is accompanied by a sharp increase in liquidity. With global liquidity increasing, we can't help but be full of anticipation for the big bull market next year. 😍
$BTC BTC has some retracements today, which is a normal pullback, because it has been refreshing ATH recently. A moderate and healthy pullback will help attract more funds to enter the market.
The $8000+ increase on November 11 was the largest single-day increase in BTC history, and the BTC price once again refreshed the historical record. At the same time, Tether once again issued 2 billion USDT. In less than a week after Trump's victory, Tether has issued 4 billion USDT, which shows the strong market demand.
The United States has cut interest rates twice by a total of 75 basis points. Central banks in other countries around the world, except the Bank of Japan, are also cutting interest rates, and global liquidity is rising.
$DOGE Musk is the first contributor to Trump's victory, and netizens jokingly call him the Protector of the Country, which is well deserved. Now Trump seems to be rewarding his contributors. The new US government is going to set up a new agency called Department of Government Efficiency led by Musk. The abbreviation of the name of this department is Doge..., 😅 Well... this is very Musk... This wave of operations also caused Doge to rise rapidly in a short period of time (Musk did this many times in the last bull market, causing the price of Doge to soar 700 times in that bull market. It's still a familiar formula and a familiar taste 👅). More importantly, the X super application promised by Musk will be launched at the end of the year. Musk said that he would learn from China's WeChat to build X into a super application with integrated payment functions. This super application will also integrate cryptocurrency payments. If the final announcement is to use Doge, then the upper limit of Doge's increase in this bull market will be unimaginable.
This morning, the price of BTC approached $90,000, pushing its market value past silver to rank 8th, just one step away from Saudi Aramco at 7th. I once thought BTC would surge significantly after Trump won, but I didn't expect it to be this incredible. 🤩 However, if BTC continues to rise relentlessly in the short term, there may be a significant correction later. At that time, be sure to seize the last opportunity to get on board before the 25-year wild bull market. 🤫
MicroStrategy has once again purchased BTC, this time adding 27,200 BTC, with their holding profits exceeding 100%, reaching over $12 billion. MicroStrategy has also claimed that within the next three years, they will invest $41 billion more to continue accumulating BTC, and their future purchasing power has completely covered the output of miners.
The Microsoft board will vote next month on whether to purchase BTC. Regardless of the outcome, the attention of major companies towards BTC continues to rise.
On January 20, 2025, Trump will take office as the 47th President of the United States. If he can fulfill his promises: fire SEC Chairman Gensler, include BTC in the U.S. strategic reserve assets, purchase 200,000 BTC annually for 5 years, and make the U.S. the global hub for cryptocurrency, we will enter a renaissance era in the crypto world.
A year ago, Bitwise's CIO predicted that if a spot ETF is approved, BTC would break $80,000 by 2024, and this prediction has now been realized. Now, Hougan has retweeted this post and stated that BTC's performance in 2025 will be even crazier.
Although the return rates of BTC have been decreasing in previous cycles, this cycle has seen more top global companies entering the market, the presence of a spot ETF, and a U.S. government supportive of BTC. We have reason to believe this cycle will be an unprecedented wild bull market. 🤑
Buckle up and make sure to secure yourself tightly to the vehicle; getting off too early is just due to a limited vision. 😝
$BNB Just discovered that many people seem to be unaware of Binance's WOTD word guessing event that rewards points. As shown in the picture below, guessing correctly 5 times within 7 days will earn you points, which can be exchanged for BNB vouchers or fee rebate vouchers at the rewards center. It takes less than a minute each day, and I have listed the answers below. This is a pretty minor benefit, big shots can ignore it 😅
$FDUSD has launched high-interest fixed-term, $BNB has rapidly risen in the past few days, $SCR has already ended for nearly a month, the three major signs are emerging simultaneously, the new issue of Launchpool should be coming out now, right? The BNB in my hands is getting moldy from holding it too long😤
$BTC BTC has once again refreshed ATH, briefly breaking through $77,000, and the daily inflow of US spot ETFs has also set a new high. It took only 10 months for BlackRock's BTC ETF asset size to surpass its gold ETF, which shows the high interest in BTC in the market.
When encountering economic problems, governments will eventually choose to print money. The Chinese government announced stimulus policies yesterday as we expected before. This is the defect of the legal currency system. Inflation will continue to erode our wealth. If we want to protect our own wealth, the best choice is BTC and gold.
Trump, who supports cryptocurrency, will enter the White House next year, and Vice President Vance himself is a cryptocurrency speculator. The most cryptocurrency-friendly government in the United States is about to start running, and cryptocurrency will usher in a golden period of great development. There will be more and more phenomena like Detroit allowing the use of cryptocurrency to pay taxes, which is more tolerant of cryptocurrency in terms of policy. The NO. 1 country on the blue planet will play a very important demonstration role for the world, and European and American countries will also join in one after another. The era of cryptocurrency explosion is about to emerge! ! ! 🚀🚀🚀 #btc再创新高 #贝莱德比特币ETF交易量创纪录 #川普要讓美國成加密貨幣首都 #美国大选如何影响加密产业? #大牛市要来了
$BTC As previously expected, the Federal Reserve has lowered interest rates by 25 basis points, and at the same time, the Bank of England has also announced a 25 basis point rate cut. Central banks around the world are successively lowering interest rates, and China will also introduce new fiscal stimulus policies to respond, further releasing global liquidity.
$ETH The liquidity indicator of the crypto market is the liquidity of stablecoins, and the increase in the total supply of stablecoins always corresponds to the rise in BTC prices. Recently, Tether has issued an additional 2 billion USDT on the ETH network, and ETH has finally started to rise today after the flash crash in August. The market needs the rise of ETH; altcoins need the rise of ETH. Without the rise of ETH, there is no performance space for altcoins; without the chaotic dance of altcoins, it feels like a grand banquet without salt, and the taste will always feel off.
After Trump was elected and the Federal Reserve's interest rate cut took effect, the short-term bullish factors have all landed. After a rapid surge, BTC needs a brief rest and adjustment. If you are fully invested and waiting for a bull market, then there is nothing to do; just sit steadily on the vehicle and wait to enjoy next year's bull market. If you choose to withdraw for safety before the presidential election, then seize this last opportunity to enter before next year's bull market at the end of the year. After entering 2025, only sell and not buy; don’t let yourself be a last-minute buyer then. 🤫
$BTC Yesterday, the huge benefit of Trump defeating Harris and successfully being elected as the 47th President of the United States stimulated BTC to break through $76,000 and hit a new high. In the global market rankings, Meta, surpassing Zuckerberg, rose to ninth place.
The outcome of yesterday's presidential election is what we in the cryptocurrency community most hoped to see. The massive inflow into ETF spot also proves this point, as the ETF immediately reversed after three consecutive days of net outflows following Trump's victory.
Trump's election can be said to have ignited a fire for next year's bull market. He repeatedly stated during the election that if he could serve as President of the United States, he would include BTC in the U.S. strategic reserve assets. Not only will the existing 210,000 BTC held by the U.S. government not be sold, but they will also purchase 200,000 BTC annually for five years, totaling 1 million BTC, and they cannot be sold within 20 years. If he can fulfill his campaign promises next year, it will undoubtedly be a huge benefit for BTC. At the same time, the current administration's Vice President Vance and the campaign's first contributor Musk are both pro-crypto individuals, making this administration the most crypto-friendly one in U.S. history. The future of the crypto world will usher in a relaxed development environment, and the situation for the crypto world has quietly begun to change.
The future has arrived, the time has come, the distance is not far, only change is constant.
$BTC As the US presidential election enters its final stages, BTC volatility has further intensified. After surging past $70,000 yesterday and immediately dropping down to $68,000, it quickly surged again this morning, briefly breaking its ATH and reaching a new high of $75,000.
Today, the vote counts from various states will gradually conclude, and later, the next president of the United States will be announced, whether it is Trump or Harris.
The mainstream view is that regardless of who wins the presidential election, nothing can stop the arrival of a 25-year bull market. Bitwise's Chief Investment Officer Hougan believes that in the short term, Trump's ultimate victory in the presidential election will have a positive direct impact on cryptocurrency. He has promised that once in office, he will fire the SEC chairman Gensler, who is clearly unfriendly to cryptocurrency, and not only will he not sell any BTC held by the government, but he will also purchase a large amount of BTC and designate it as a strategic reserve for the US government. On the other hand, if Harris wins, it will bring more uncertainty. Harris's new administration is likely to continue the Biden administration's stance on cryptocurrency, and altcoins will face stricter regulatory risks. However, in the long run, regardless of who ultimately occupies the White House, it will not be enough to change the direction of the cryptocurrency wave. From the continuous influx of institutional investor funds into spot ETFs to the rapid growth of stablecoins, and the increasing attention that top-tier consortiums around the world are giving to including BTC in their asset allocations, these established trends will not be reversed due to any president's intervention.
Every time the US presidential election concludes, the market typically returns to its rhythm shortly after a brief period of volatility, as can be seen from the historical records in Figure 2. So even if Harris is elected, BTC may indeed experience a significant pullback, but this does not affect our view that a major bull market will definitely arrive next year. And if Trump is elected, next year's bull market landscape will be even more splendid. 🎉