📉 BTC is losing ground and falling below $100,000!

Bitcoin has started a correction and is trading around $99,700. The growth has slowed down, and the asset is facing local resistance. The important support level is $97,000.

The Alphabet of Cryptana

Chanpen Zhao hints at the growth of BNB?

The founder of Binance posted a mysterious tweet: "There is a lot to do and build" — sounds like "Be and Build" (BNB).
Get ready, it might be a signal for a pump!

Alphabet of Cryptana

Bitcoin rises above

The price of Bitcoin continues to grow, exceeding the mark of $98,700. Traders are watching for further movement.

$BTC

The possible sale of 24,000 BTC from old wallets raises many theories, including the assumption that it may be Satoshi Nakamoto himself.

What is known:

• Connection to 2009: These wallets date back to when Bitcoin was just starting its history. This fuels speculation about Satoshi's involvement.
• Sales over 4 years: 24,000 BTC has already been sold, equating to billions of dollars. This is significant pressure on the market.
• Last transaction: November 15, with a volume of $176 million, highlights the activity of these old addresses.

Possible scenarios:

1. Satoshi Nakamoto: If it is him, this could be a signal to sell in anticipation of further price declines.
2. Early miners: It is quite possible that these are investors or miners from the early days deciding to take profits.
3. Hackers or key leaks: In the event of compromised private keys, this could be an attempt to cash out stolen assets.

Market impact:

• Such volumes could create panic selling, especially if investors begin to fear further price drops.
•

What do you think, should we panic or is it just a movement of big money? 🌐📊

Rumble's transition to Bitcoin standard is an interesting step, demonstrating the growing interest in Bitcoin as a means of long-term value storage and a way to diversify assets.

Key points:

• Investment in BTC: $20 million from Rumble confirms their confidence in Bitcoin's future and strengthens its role in the media industry.
• Current BTC price: Despite the involvement of major players, Bitcoin remains below the $93,000 mark, which may be related to market correction.
• Liquidations: The daily volume of $530.91 million highlights volatility, especially in conditions of greed in the market (index 79).

Possible prospects:

• Support from companies like Rumble could stimulate mass adoption of BTC.
• However, extreme greed in the market is a signal of potential correction risks.

Keep an eye on support levels and new initiatives to better assess market movements. 🚀📉 Your thoughts?$SOL

Brazil is taking a progressive approach to integrating blockchain and cryptocurrencies into its financial system. If the bill is passed, it will be a significant step towards the introduction of a digital real backed by a Bitcoin strategic reserve.

The main aspects of the bill are:
• Bitcoin strategic reserve: Brazil plans to use Bitcoin as part of its national reserves, which will strengthen economic stability.
• Cold storage: Offline storage technologies are planned to ensure the security of cryptocurrencies.
• Transparency: The authorities are obliged to report regularly to Congress, which increases the credibility of the initiative.

This could help build confidence in cryptocurrencies and make Brazil a leader in crypto finance in Latin America. Such a move could become an example for other countries.

What do you think about this development? 🌍💡$BTC

🤷🏻 Inflation of the dollar against the limited supply of bitcoin. Those who invested in crypto early have already won.

Crypto Alphabet$BTC

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Satoshi Nakamoto-era Bitcoin wallet wakes up
A "Satoshi Nakamoto-era" wallet just moved 2,000 BTC for the first time since 2010.
These bitcoins have grown in value from $120 million to $180 million in 14 years.
Back then, you could mine 2,000 BTC lying in bed with your laptop.$BTC

Crypto Initiatives in Congress: Buying Bitcoin with Gold

Senator Lummis proposes that the US use part of its gold reserves to buy 1 million Bitcoin.

The bill includes long-term storage of cryptocurrency, waiting for its value to rise to reduce the national debt.

However, the idea does not yet have broad support in Congress.

$BTC

Capital outflow

For the first time in a week, $400.67 million was withdrawn from US spot Bitcoin ETFs. Also, $3.24 million was withdrawn from Ethereum-based products.

📉 Question: is this a temporary pullback or the beginning of a larger correction?

$ETH

Miners have begun selling their bitcoins en masse.

According to analysts at CryptoQuant, 25,000 BTC were transferred from their wallets to exchanges yesterday, which was a historical record for the year.

Experts warn that such actions could seriously affect the cryptocurrency market.

$BTC

Attorneys general from 18 US states have filed a lawsuit against the SEC, claiming that the commission, led by Gary Gensler, is exceeding its authority and unfairly targeting the cryptocurrency sector.

Gensler himself, meanwhile, has released a statement hinting at his possible early resignation.

$BTC

The capitalization of the crypto market could grow to $10 trillion by 2026 under Donald Trump's administration, according to a report by Standard Chartered.
"A Republican victory will allow the new government to pursue positive policies in the digital asset sector, which could lead to an increase in the total capitalization of the crypto market to $10 trillion by the end of 2026," Standard Chartered said.
The bank also said it sees a number of favorable factors for crypto markets at the start of the new administration, including changes in legislation and a shift in positions at the Securities and Exchange Commission (SEC), which could lead to a softer attitude towards digital assets.
These positive developments could lead to the total capitalization of the crypto market quadrupling from $2.5 trillion currently to $10 trillion by the end of 2026.
“The rising wave should lift all digital assets; those most exposed to risk will reap the greatest rewards,” wrote Jeff Kendrick, head of digital asset research at Standard Chartered.$BTC

Another billion#USDTadded today

$BTC

Apple and A24 are working on a movie about Sam Bankman-Fried — the destroyer of the FTX crypto exchange

Apple and the independent film company A24 («Everything always and at the same time», «Heredity», «Moonlight», «Love, lies and bloodshed») have started working together on a movie about crypto fraudster Sam Bankman-Fried, the founder and destroyer of FTX exchange. Pros data According to Variety, the script for the film will be written by Lena Dunham (known for the HBO comedy series «Girls»), and the plot will be based on Michael Lewis’ book «Going Infinite: The Rise and Fall of a New Tycoon», which has already been criticized for trying to exonerate Bankman-Fried. It was published in October 2023 and became a New York Times bestseller.$BTC

Three reasons why bitcoin is actually growing (and Trump has nothing to do with it)

The growth of the bitcoin price over the past month is staggering. The cost of digital gold is already $92 thousand, and if nothing extraordinary happens on the market, BTC can easily cross the $100 thousand mark in November. However, this upward movement of bitcoin is not only due to Donald Trump’s victory in the US presidential election and his a plan to create a strategic reserve of 1 million bitcoins. According to analysts, there are several other key factors that affect the cryptocurrency market:

The effect of halving. The last one took place in April 2024, which reduced the reward for mining of a new block has been halved from 6.25 to 3.125 bitcoins. This led to a reduction in the growth rate of cryptocurrency supply and, as a result, an increase in the price.

The emergence of the first bitcoin ETFs in the United States has also contributed to the growth in demand for cryptocurrencies. As of November 12 alone, the total volume of new investments in these funds amounted to $817.54 million. Also, since the beginning of September, BTC outpaced S&P 500 yield.
More than 94% of all bitcoins that can be mined are already in circulation or have been lost forever. This means that there are only about 1.2 million bitcoins left to mine. This limited supply also puts pressure on the price.$BTC

Elon Musk headed DOGE in the new administration of Donald Trump$BTC
US President-elect Donald Trump has announced that billionaire Elon Musk and pro-Russian businessman Vivek Ramaswamy will lead the new "Department of Government Efficiency" or D.O.G.E. (Department of Government Efficiency) under his new administration.

alta
Look how alta has taken off! This means that some people have started to close longs on bitcoin, and dump profits into alta, and open longs on bitcoin again, but with an entry point of 87k. The price is trying to break through 90k for the second time, as if it is mocking me. Either finish me off or die. I have a liquidation of 93k on bitcoin and 3800 on $ETH . I have a feeling that bitcoin will take 100k. Honestly, there is no hope, it's like the last days before the death penalty. In any case, I will probably switch to spot. Or even switch to antidepressants. Be strong, friends.

$BTC

BTC hits $92,700 and becomes the world's top 7 asset by market cap

$BTC