New donations from the crypto world and Elon Musk to Trump | Laraxen on Binance Square

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New donations from the crypto world and Elon Musk to Trump
The failure of the assassination attempt on Donald Trump made the names around him even more ambitious. While Winklevoss twins donate $250,000 each to a committee set up for Trump, it is stated that Elon Musk will support $45 million.
#ElonMusk #DonaldTrump  #Crypto  

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The crypto trader who panicked in the market decline lost 222 thousand dollars It turned out once again that there is no room for emotionality in the financial markets. An investor who bought 3 million dollars of AAVE about 2 weeks ago made a panic sale in the market decline last night. The total loss of the trader in 2 weeks was 222 thousand dollars. A crypto investor who is a dollar millionaire paid a heavy price for his panic. Trader sold AAVE tokens worth about $3.1 million, which it bought 2 weeks ago, in the declines last night, to avoid further loss. The 2-week loss of the seller was 222 thousand dollars. According to the information given by the on-chain tracking platform Lookonchain, this person, who bought AAVE from 155 dollars in mid-October, panicked last night when Bitcoin fell below 70 thousand dollars. This person, who sold all of the 20 thousand 527 AAVE he bought for 144 dollars, lost a total of 222 thousand dollars. On October 15, the price of AAVE increased to 165 dollars. This sale and damage has once again shown how risky and dangerous short-term investments and panic movements are in the crypto and financial markets.

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MicroStrategy surpasses Coinbase: Bitcoin investments pay off MicroStrategy, which holds more than 250 thousand Bitcoins and is the largest in the world in this sense, surpassed Coinbase with a market value. Michael Saylor's company, whose share value has broken record after record in recent weeks, announced that it aims to raise 42 billion dollars in funds and make new Bitcoin purchases for the next 3 years. While the market value of MicroStrategy, which almost took flight with the rise of the price of Bitcoin, was based on the limit of 50 billion dollars, it also left Coinbase behind. In this transition, the decrease of more than 15% seen yesterday, especially in Coinbase shares, was also effective. The largest cryptocurrency exchange in the USA experienced the biggest decline in the last 2 years yesterday. The latest figures show that MicroStrategy's market value is 49.7, while Coinbase is $47.9 billion. Of course, the Bitcoin buying strategy, which MicroStrategy insists on in this rise, plays a major role. As the price of Bitcoin appreciates, so are the company's shares. It is also known that some institutional companies that are afraid to buy Bitcoin indirectly make purchases of MSTR, which is seen as BTC investment. They will continue with 42 billion dollars MicroStrategy recently announced that it aims to raise a total of $42 billion in funding from a capital increase of $21 billion and a fixed income of 21 billion dollars in the sale of securities. In this way, the company aims to buy more Bitcoins. It is claimed that the sales of 21 billion dollars here are also an emphasis on Bitcoin's limited supply of 21 million units.

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The latest economic data before the US election is coming: What will the Fed do? The latest job market data before the US elections on November 5 will be announced today. Employment and unemployment data will also closely add the Fed meeting two days after the election. Before the US elections, which the crypto world is waiting for with excitement, the latest economic data on the job market will be announced today. Non-agricultural employment and unemployment figures for October in the USA will be announced today. Uncertainty between recession and inflation... Last month, surprisingly, the participation in employment, which was announced much more than expectations, was 254 thousand. Excessive employment figures in the markets, "Hasn't inflation decreased?" It created fear. However, the same markets also experienced a fear of recession after the figures that were far below expectations in August. Therefore, the figures, which may be exaggerated, positive or negative, will also closely affect the Fed's interest rate decision on November 7. Fed chairman Jerome Powell regularly emphasizes that they make decisions from meeting to meeting and that they make interest rate decisions according to short-term data. The Fed's 50 basis point discount in September also lowered November expectations. Oil increased Headline Oil prices, which are of serious importance in terms of the course of inflation, have also started to increase since last night. The news that Iran could launch an attack on Israel from Iraq raised the price of oil per barrel, which fell below $70 last week, to over $75 at night. The fact that the core inflation, which excludes energy and food prices, remains above 3%, stands out as another factor that binds the Fed's hands to interest rate cuts.

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