BlackRock, the world’s biggest asset manager, has just dropped $91.6 million into the iShares Bitcoin Trust ETF (IBIT), buying over 2.5 million shares. This move comes as IBIT experiences a massive surge in popularity, attracting $230 million in just one day and breaking records with $5 billion in daily trading volume. With total assets now nearing $43 billion, IBIT is on a clear upward trajectory, and BlackRock’s strategic push into Bitcoin is making waves. Since its launch in January, the ETF has been on a roll, with BlackRock’s exposure to it growing rapidly since the firm announced its intentions back in March.
#trump #btc70k

Bitcoin’s meteoric rise above $93,000 has pushed its market cap to a massive $1.815 trillion, overtaking Saudi Aramco and landing it in the top seven global assets. This makes Bitcoin a major player in the world economy, inching closer to tech giants like Google. While Bitcoin is now ahead of oil giants, it still has a long way to go to challenge the likes of Apple, Microsoft, and gold. Ethereum also saw growth, surpassing Bank of America in market cap, reaching $3,200 per coin. Could Bitcoin soon challenge the $2 trillion mark?
#btc70k #trump

Bitcoin liquidity protocol Velar, already a significant player in Bitcoin’s growing DeFi ecosystem, is looking to take on an even more important role with the launch of its official launchpad, Velar Labs. 
Velar Labs will be tasked with identifying and incubating the most promising projects in the growing Bitcoin ecosystem, helping them to grow and become key players in their own right by providing technical expertise, infrastructure support, useful connections and mentorships, as well as access to funding. 

It’s all about providing Bitcoin startups with the resources they need to bring their ideas to light, and Velar is ideally placed to facilitate such an endeavor. The protocol has established itself as one of the leading lights in the Bitcoin network, pumping much-needed liquidity into its wider ecosystem of Layer-2 networks and decentralized applications, with a focus on the nascent Bitcoin DeFi industry. 

Velar is best known for its Bitcoin-based decentralized exchange, which is powered by the automated market maker Dharma, and its innovative Bitcoin perpetuals DEX. The protocol taps into Bitcoin’s base security and transaction finality, while leveraging the Stacks L2 to achieve rapid transaction throughput and high scalability. 
With its deep liquidity pools and its ability to facilitate almost instantaneous swaps at competitive rates, Velar brings real utility to BTC, enabling it to be used as collateral in various DeFi applications. It sees itself at the center of Bitcoin’s transformation and has plans to launch additional DeFi capabilities including yield farming protocols, staking infrastructure, cross-chain bridges and more. 
#trump #btc70k

Donald Trump is reportedly considering a groundbreaking plan to eliminate capital gains taxes on U.S.-issued cryptocurrencies, potentially making all profits on assets like Cardano ($ADA), Algorand ($ALGO), Ripple ($XRP), and Hedera ($HBAR) tax-free for American investors. According to sources close to his transition team, the proposal would require crypto-issuing companies to be U.S.-registered, but existing crypto businesses could relocate to the U.S. to benefit from the new tax exemption.

Trump’s game-changing move could position the U.S. to compete with the likes of Dubai and other crypto-friendly countries in becoming a top blockchain hub.

Donald Trump aims to cut capital gains taxes on U.S.-issued crypto, making assets like ADA and XRP tax-free and potentially reshaping the market.

Bitcoin advocate and MicroStrategy’s chairman, Michael Saylor, is getting ready for a major celebration as Bitcoin approaches the $100,000 mark. After Bitcoin surpassed $92,300 recently, Saylor excitedly tweeted about planning the “Bitcoin 100k party.” In just ten days, Bitcoin has skyrocketed nearly 38%, jumping from just under $65,000 to $93,270 before pulling back slightly to $90,740. The boost comes amid big changes in US politics and the Federal Reserve’s recent interest rate cuts. With Bitcoin’s surge showing no signs of slowing down, many are calling this November’s rally a game-changer, and traders are eager to see what’s next in this “Growvember” boom.

#trump #btc70k

Coinbase and Robinhood have added support for Pepe on the Ethereum network, causing its price to rocket 77% in the past 24 hours.
The listings have led to a flood of big on-chain purchases, underscoring the expectations that they’ll be good for Pepe long-term.
Pepe Price Hits ATH After Exchange Listings
The recent Pepe listings have reminded us of the instrumental role that centralized exchanges (CEXs) continue to play – especially in bull markets.
Pepe is currently trading at its highest-ever price of $0.00002374 and has a market cap of just below $10 billion.
The frog-themed meme token has surged 77% today, as well as 125% this week and 1,955% this year.
Its trading volume has also experienced a huge run-up, jumping 197% in the past 24 hours to $19.8 billion. For reference, that makes it the fifth most-traded cryptocurrency.
Coinbase announced they’ll list Pepe on Wednesday, and it went live just a couple of hours later. The listing announcement cautioned that Pepe should only be sent via the Ethereum network.
Coinbase will add support for Pepe (PEPE) on the Ethereum network (ERC-20 token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.

#pepecoin🐸 #btc70k

The Bitcoin market has seen a significant growth of 20.6% in the last seven days. Right now, it hovers very close to the range of $90K. Currently, nearly 46% of Polymarket bettors believe that the price of Bitcoin will reach as high as $100K in this month itself. Does the forecast sound unachievable? Let’s examine the scenario a bit deeper.
#BTC #ETH

Bitcoin is showing signs of massive rally as it recently breached $93,000. With Bitcoin breaking its previous all-time highs, the market is entering a critical phase, and traders are closely watching for new signals that could influence price movement.

Aaron Arnold, co-host of Altcoin Daily, believes that Bitcoin is entering an exciting phase after breaking its previous all-time high.In an interview with David Lin,he said that historically, when this happens, Bitcoin often sees big gains over the next 9 to 12 months. With Bitcoin now surpassing its old record, Arnold thinks we’re in for a strong rally.

However, Arnold also warns about the risks. When Bitcoin’s price goes up, people often rush to buy, fearing they’ll miss out. This happened in 2021 when many people bought Bitcoin near its peak of $67,000, only to see the price drop afterward. Arnold advises that new investors should be cautious, as Bitcoin’s price can dip 20-30% even during bull markets before rising again.
#btc70k #trump

Bithumb, one of South Korea’s major crypto exchanges, has announced the listing of Altair (ALT) and Swell Network (SWELL) on its KRW trading market. Trading for these Ethereum-based assets started on November 14 at 4:00 p.m. KST, with initial prices set at 151 KRW for ALT and 49.36 KRW for SWELL. To control early volatility, Bithumb imposed restrictions, including a 5-minute buy/sell order hold and limits on sell prices. Both assets are restricted to the Ethereum network, with unsupported network deposits facing potential delays.
#trump #btc70k

Altcoins Ride the Positive Wave

Ethereum joined the upward circuit, registering a 1.66% gain, changing hands at $3,219.48. Solana outperformed ETH with a 5.42% price spike to $217.74, while XRP impressed with a 6.19% rise to $0.6996.

Explore our Ethereum Price Prediction to stay informed about ETH’s potential movements.

🚀🚀 Top Gainers 👇👇

Today’s top performer from the top 100 is the PNUT memecoin, which rose by 149.05% to $2.18, underscoring investor interest in smaller, high-risk assets. Meme coins Pepe and Mogcoin also stood out, with Pepe up 83.14% at $0.00002371 and Mogcoin climbing 44.19% to $0.0000002431.

🐻🐻 Not All Shines: Top Losers 👇👇

Conversely, Kaspa recorded a 2.81% plunge, currently trading at $0.1297. Stellar followed, with a fall of 2.16% to $0.1246, and Aerodrome Finance slipped 1.97% to $1.32, signaling selective pullbacks in an otherwise upbeat market.

🫸🫷🫸🫷🫸🫷🫸🫷🫶🫶👇👇
Subscribe to stay tuned for more crypto updates as market dynamics continue to evolve, driven by bullish sentiment and record-breaking achievements.

LIVE Crypto Prices (Nov 14th, 2024): Bitcoin Price Hits $93k | PNUT Memecoin Up 150%!

The post LIVE Crypto Prices (Nov 14th, 2024): Bitcoin Price Hits $93k | PNUT Memecoin Up 150%!

The crypto market has been riding a positive wave since the previous day. The optimism has led to a 3.74% spike in market cap to $2.99 Trillion. However, despite the surge in valuations, the trade volumes have dipped 5.31%, with the numbers at $301.48 billion. That being said, the enthusiasm amongst traders remains at an all-time high as BTC claimed a new ATH above $93k. This is evident with the Fear & Greed Index’s extreme greed score of 86.

Bitcoin Breaks All-Time High, Runs Past $93k
Bitcoin has made it to the spotlight with its astounding rally, crossing a new all-time high (ATH) of $93,434.36. After the heated run, the BTC price is currently at $90,039.70. However, Bitcoin’s intraday trading volume fell slightly by 3.29%, hinting at investors being cautious about possible liquidations. On the other hand, Bitcoin ETFs in the U.S. saw inflows worth $817.5 million on Tuesday, further strengthening the market confidence.
#btc70k #trump

Amid the broader market bull rally, Neiro increased rapidly to reach a new all-time high on November 10. Its weekly chart has risen by 100% but has fallen by 20%. During this upward phase, the price of Neiro bounced off from its descending parallel channel, which had formed and existed since its previous all-time high.

Similarly, the Goatseus Maximus (GOAT) made new crypto millionaires after it reached a new all-time high at $0.9574 on November 11 before retracing on the same day. Meanwhile, the Lunex Network presale continues to steam up as more investors discover its unique solution to some of DeFi’s biggest challenges.
#trump #btc70k

At press time, WIF is trading near $4.20, registering a gain of over 36% in the past 24 hours. However, it reached $4.83, close to its all-time high (ATH). Meanwhile, the trading volume of the meme coin rose by 90% during the same period, indicating heightened participation from traders and investors following the listing announcement.

#trump #btc70k

SOL’s positive outlook is further supported by on-chain metrics. According to on-chain analytics firm Coinglass, Solana’s Long/Short ratio currently stands at 1.05, indicating strong bullish market sentiment among traders. Meanwhile, its open interest has skyrocketed by 11% in the past 24 hours and 4.7% in the past four hours.

This rising open interest suggests growing participation from traders, and the price consolidation also signals a bullish trend.

The combination of these on-chain metrics with technical analysis suggests that bulls are still dominating the asset amid the price consolidation and could support SOL in its upcoming bull run.
#btc #trump

Altcoin Season Begins! 3 Cryptos That Will Surpass ETH in 2024

SOL: The Rising Star of Altcoin Season with Promising Growth Potential

Solana is a powerful blockchain platform designed for high-speed transactions and scalability. With its native cryptocurrency, SOL, the network offers a solid foundation for decentralized apps. Solana’s unique architecture allows for faster and more flexible development compared to competitors like Ethereum and Cardano. This makes SOL an attractive choice for developers and investors. As the market trends bullish and altcoin season heats up, SOL’s role in supporting the Solana ecosystem makes it a strong contender with significant growth potential.

SUI: A Game-Changer for Blockchain with Immense Growth Potential

SUI is a revolutionary blockchain platform designed for the global market. It boasts powerful, secure, and scalable technology foundations. Utilizing a unique object-centric model and the safe Move programming language, SUI solves common blockchain issues. User experience is top-notch, thanks to features like zkLogin and sponsored transactions. These make interacting with the blockchain easier and more appealing. With its focus on accessibility and innovation, SUI looks very attractive in the current market cycle. This coin could see bullish growth and thrive in an altcoin season.

Kaspa’s Unique PoW Approach could Spark the Next Altcoin Season Boom

Kaspa, a proof-of-work cryptocurrency, uses the GHOSTDAG protocol to allow multiple blocks to coexist instead of discarding them. This makes the Kaspa blockchain, or blockDAG, faster and more efficient. Currently, it processes one block per second, with ambitions to reach 10 or even 100 blocks per second. Features like Reachability, Block data pruning, and SPV proofs show strong tech backing. With future support for layer 2 solutions, Kaspa could be a game-changer. Its innovative approach and ambitious goals make it an attractive option in the current market cycle.

#btc70k #BTC

Recent reports indicate that Ripple whales have purchased 390 million XRP tokens.This accumulation has raised hopes that an XRP price recovery could be on the horizon. While this Ripple whales activity is interesting, a new altcoin is positioned to deliver even more gains, especially from its ongoing presale. WallitIQ (WLTQ), currently trading at just $0.0171, has shown incredible potential.
#WeAreAllSatoshi #Trump2024

PEPE is all set to get its long-awaited listing on Coinbase as Paul Grewal confirmed it through an X post. Interestingly, PEPE’s listing on Coinbase was announced within an hour of the news that it was getting a listing on Robinhood as well. Notably, PEPE enthusiasts have been asking Coinbase to list the “frog” for more than a year and a half. Pepe Coin price has skyrocketed and is currently trading at $0.00001854, up over 48% in the past 24 hours and the 24-hour trading volume for PEPE soared to $10.66 billion. The meme coin’s market cap jumped to $7.87 billion.
#btc70k #trump

Top Altcoins to Become the Next BIG CRYPTO:


SUI (SUI)

Starting with SUI, regarded as a potential Solana Killer, which is slowly inching closer to its main competitor, Ethereum. SUI is trading at $3.05 and has increased by 300% since the year to date. In the daily chart, it has surpassed the 1.618 Fibonacci level and gives a retest with an evening star pattern. 

GRASS

GRASS is a new decentralized application. This decentralized app allows users to share their unused bandwidth for incentives. The network allows bandwidth sharing after allowing verified institutions and rewards the users directly for their online services. 

Peanut the Squirrel (PNUT)

The new meme coins are finding a favorable environment to scale higher in the growing meme coin market. As a newly launched meme coin, PNUT has increased significantly since its release. 
Starting at $0.1047, it has increased by nearly 1000% and is currently trading at $1.2570. With its recent listing on Binance, the meme coin has hit the jackpot of community hype. 

#CPIUpdateOctober #btc70k

In an interview given to a prominent media house, Antony Pompliano, the founder and CEO of Professional Capital Management, expressed hope that Donald Trump, the new president-elect of the United States, would redefine how the country approaches the cryptocurrency market. He also made certain striking revelations. Let’s dive in to learn more. Read on!
Trump’s Bold Bitcoin Move 
During the election campaign itself, Republican leader Donald Trump promised that he would establish a pro-crypto environment if elected. He made some aggressive statements against the Democratic party for the handling of the key issues faced by the crypto sector, especially criticising US SEC chairman Gary Gensler.
Highlighting Donald Trump’s love for Bitcoin, Pompliano portrayed him as a pro-Bitcoin president. He emphasised the promises made by Trump related to the protection of the rights of crypto investors, particularly Bitcoin investors. 
Crypto markets are experiencing a dip today, driven by a mix of regulatory fears and market corrections. Read more here to find out why crypto is down today.
Creating a Bitcoin Reserve 
There are rumours that Donald Trump has a plan to create a national Bitcoin reserve soon. Earlier, some close to Trump hinted at the possibility for the BTC reserve. Speaking about the rumoured plan for the reserve, Pompliano asserted that Trump would create the national Bitcoin reserve within 100 days. 
BTC Growth Outpaces US National Debt 
In August, the US government debt was 35.3M USD Million. By October, it reached a peak of 36M USD Million, marking a 1.98% growth compared to August. During the same period, the Bitcoin market climbed at least 7.58%. In the last 30-days alone, the market has seen a rise of over 35.4%. Since November 5, the day of the US presidential election, the market has displayed a surge of 27.51%. 
#donaldtrump #Bullish2025

The post Dogecoin Price Analysis: Bull Run Targets $0.50 This November?

With a new 52-week higher formation at $0.4389, last seen in May 2021, the Dogecoin price rally is gaining momentum. Dogecoin’s market cap exceeds $53B, accounting for nearly half of the meme coin’s market cap, $110B. 

However, a pullback in Bitcoin results in a minor step back in the DOGE price.  Will this pullback result in a bearish reversal in the biggest meme coin?

#CPIUpdateOctober #Trump2024