#STRATEGY #INVESTIDEAUA @INVESTIDEAUA #INVESTIDEA
🐃 Results of November. Approach #бычьего #рынка?
💚It turned out to be an exciting month for cryptocurrencies. Bitcoin has reached an all-time high over the past 1.5 years, and many altcoins have also shown significant growth.
💚Spot Bitcoin ETF Approved
The month began with expectations of approval for the Spot Bitcoin ETF, although the SEC has delayed a decision for now. The next window for possible approval is January 5-10. If you are interested in learning more about Spot Bitcoin ETF and its significance, read our research
🤑 Record investments in crypto startups
Another sign of a bull market. In November, we witnessed almost $1 billion in investments in various crypto startups.
The largest of them:
Wormhole— $225M,
Blockchain.com — $110M, Fnality — $95M.
It looks like funds are starting to feel FOMO.
💔 Binance
CZ stepped down as CEO of Binance and was replaced by Richard Teng, formerly head of regional markets at Binance. Despite the high-profile event, the market did not show strong volatility, which can also be considered a sign of a bullish trend.
📈 Blast, new TVL records
Blast, a new L2 from the Blur team with $20M investment from Paradigm and others, launched right after the end of Blur. Within a week, they raised $500M TVL, beating Base, zkSync and StarkNet. They achieved this through aggressive marketing and a high level of gamification. Despite the "casino" wrapper, Blast offers low-risk returns through Lido and Maker. However, the community was divided due to the freezing of funds for 3 months without a specific product. Even Paradigm expressed disagreement with this decision. The Blast situation could be another signal of a bull market, as people are willing to invest large sums based on trust and promises alone.
💚 November turned out to be amazing for the crypto industry.
New projects, investments, overcoming multi-day resistance levels - it looks like the bulls are already on the way!
