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President Joe Biden is set to meet to discuss the "risks and opportunities" of artificial intelligence during a meeting with the science advisory panel today.
Good… please be less concerned about crypto
#Lcademy
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OMG!!! During yesterday’s trading session, the BTC ETF saw the highest inflow of funds ever since these funds started trading. 🔥 💰 1.38 BILLION USD 💰 It seems that many investors’ confidence in $BTC has returned strongly since Donald Trump was elected the 47th President of the United States. 🐂 Source: SoSoValue #Lcademy #Lcagency #KolCrytpo
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$BTC Breakout 👉 Altcoin Season Soon? The period from now until the end of November, possibly stretching into mid-December, will likely be the time when Market Makers (MM) make us question everything. 🙄 In the 2020-2021 season (and even in the 2017 season), after $BTC broke out above its previous all-time high (ATH) and continued to rise strongly, altcoins kept dropping. Let’s take two examples: $DOT, a top coin, and $AVAX, a midcap (from the 2020-2021 season). On December 16, 2020, $BTC broke out to the 21k mark and continued to climb to 26k by December 25 before making a slight correction. During that same period: • $DOT dropped from 5.7 to 4.7, a 20.5% decline. • $AVAX dropped from 3.5 to 2.7, a 23% decline. • Similarly, other altcoins also dropped. A few exceptions, like $DOGE and $LTC, rose alongside $BTC (these were top coins in the 2018 season). Then, from December 25, 2020, altcoins started collectively hitting their lows and surged until the season ended. This means that currently, although altcoins are in a downtrend, they could continue to drop to retest previous lows or even set new lows. However, they are all likely to explode spectacularly when the time comes, surprising everyone. 👉 So, I think we shouldn’t hop from coin to coin restlessly, watching something like $NEIRO increase by 5x and feeling tempted to jump in. Let’s be patient, and everyone will get their turn!
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Morning 75k 😆😆😆
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Two days ago, Harris unexpectedly narrowed the gap with Trump. However, the distance has now once again widened. 👉 In the “battleground” states, Trump is predicted to win in 4 out of 6, where he’s pulling ahead of Harris. In Wisconsin, Trump is also gradually closing the gap with Harris. • In reality, $BTC is likely to reach a new ATH this year, regardless of whether Harris or Trump wins, thanks to strong buying pressure from the Bitcoin Spot ETF. This reflects Wall Street’s interest in “digital gold.” • However, a Trump victory could spark optimism for Altcoins in the crypto market, especially tech-oriented Altcoins (the Trump camp has just launched a DeFi project). • Trump is expected to accelerate regulations favorable to the crypto market. So if you’re holding Altcoins… maybe head to Polymarket and place a bet on Trump winning =]] #Lcademy #Lcagency #KOLvietnam
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While BITCOIN, AI, and memecoins are being pumped, Layer 2—technology that’s expected to accelerate Ethereum—is struggling. $OP: -72% $ARB: -80% $STRK: -87% $ZK: -50% $SCR: -60% $BLAST: -75% $MANTA: -86% 👉 “What you’re buying is the project’s token, not the project itself.” Unfortunately, Layer 2 tokens have almost no use case. $BASE is the most successful Layer 2 in attracting Dapps and liquidity to TVL, but it doesn’t have a token. $BASE generates its own revenue, with Coinbase being the beneficiary. In contrast, other Layer 2 projects have yet to generate positive cash flow as they haven’t attracted enough users. Therefore, the cash flow to support devs comes from unlocking tokens and dumping them on the market. Do you believe Layer 2s will see a strong rally when #altcoinseason begins? #Lcademy #Lcagency #KOLvietnam
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