Bitcoin's 'Ancient Whale' Awakens, Shocking the Crypto Community
A 'whale' holding a huge amount of BTC mined in the early days of the Bitcoin network has been continuously moving funds out of its wallet after years of dormancy. On October 14, blockchain data analytics firm Arkham Intelligence said that the "Ancient Bitcoin Whale" wallet "3Gvx...fcGq" transferred another $630,000 in Bitcoin (BTC) to the Kraken exchange. In the past two months, this wallet has transferred a total of $5.47 million in Bitcoin out of the account.
I just created a group on tele? I don't know how to invite you guys?
đ If you guys know how to join, find the group name I approve, the number of people entering is limited. Fomo is too much, the market will sweep away the whole cluster đ€Ł
đ In the group, I will share more about market perspectives, techniques, and small tips in trading, I hope you guys will support me, especially those who need to get to shore, I will try to help you guys earn 5-7$/1 day within my ability.
đ Of course, crypto is a risky investment, high risk, so you guys always have to remember that, don't be petty, stuff orders, unstable mentality, unstable discipline, don't place orders.
President Joe Biden (Democrat) has signed a decree to regulate cryptocurrency! What direction for Harris?
US President Joe Biden has just signed an executive order to evaluate the risks and benefits of cryptocurrency.
<br /><br />Ms. Harris (Democrat) speaks with staff at Harry Reid International Airport in Nevada on November 1. <br /><br />
According to this decision, the US Department of the Treasury and the Department of Commerce will be responsible for establishing a framework to enhance US competitiveness in cryptocurrency, designing and implementing future cryptocurrency systems. The Federal Reserve is also required to expedite research and the potential release of a digital dollar.
Regulators in this Asian nation are supporting central bank digital currencies while moving towards banning private cryptocurrency assets like Bitcoin and Ethereum...
<br /><br />Decisions regarding the regulation of digital assets in India will continue to be discussed and formally issued in the near future - Illustration. <br /><br />
According to information from media agencies in India, the national government is moving towards banning private digital assets like Bitcoin and Ether. This move is the result of extensive consultations with key regulatory bodies, highlighting the risks posed by private digital currencies. Instead, officials support Central Bank Digital Currency (CBDC) as a safer and more beneficial alternative.
Kamala Harris has a tough stance on imposing cryptocurrency sanctions.
- According to a report by Galaxy Research on October 14, U.S. presidential candidate Kamala Harris is said to have a more friendly attitude towards cryptocurrency compared to President Joe Biden, but still not as much as rival Donald Trump.
Ms. Harris has committed to significantly improving the legal environment for cryptocurrency companies in the U.S. However, she has shown an unfavorable view on some other important issues, such as taxes, Bitcoin mining, and the right to self-manage assets, according to Alex Thorn, head of research at Galaxy.
If elected, Harris is said to continue many of the foreign policy initiatives from her predecessor Biden, further strengthening relationships with allies and partners. Vice President Kamala Harris stands at a turning point in her life with the opportunity to become the first female president of the United States in history. She only began her campaign in July but has quickly closed the support gap with former President Donald Trump, reviving confidence within the Democratic Party.
On July 30th, I asserted that the new president would be Harris
đ Even though I really want Trump to come back, you see. Continuous assassination =)) it's hard to rise up and even if you can't rise, it's also bad.
đ In general, regarding politics, the American capitalist elite is very strong, comparable to the Korean Chaebols, and even more đ
đ The capitalists, through various elections, are showing us the freedom within control, like the first black president, Obama; this time, it could be the first female president of the United States. đ What do you think? Please leave your personal opinions below.
$BTC $WLD $NEIRO
LIVE
Quang Hai JKz
--
Bullish
$BTC Harris won the election and used all measures to suppress cryptocurrencies, Bitcoin dropped to 28,000
$PDA Professor Phan Dat still firmly holds this one
đ How are you guys holding this one now? đ
Dad $BTC is it going down more, does brother PDA want to share more? đ„Č
đ You guys should remember that the main holding wallet on Binance holds over 70% of the total supply, just hope it pushes up, don't ask if there are still goods left to sell. You won't be able to catch up đ
Bitcoin is a risk-hedging asset: Anthony Scaramucci discusses BlackRock's Buy the Dip strategy
Anthony Scaramucci, the founder of SkyBridge Capital, stated that the recent Bitcoin sell-off lacks a rational basis, primarily stemming from some investors viewing Bitcoin as a 'high-risk' asset. In a recent post on platform X, he argued that this decline is mainly a reaction to the volatility of tech stocks, rather than any underlying issues related to Bitcoin.
Hamster Kombat's HMSTR token hits an all-time low as Season 2 fails to launch as expected
Fans of Hamster Kombat are eagerly awaiting the second part of this popular Telegram game, after the HMSTR token was launched in September. However, the release time announced by the developers has passed without any updates, while the price of the HMSTR token continues to decline. The HMSTR token, released on The Open Network (TON), has hit a new all-time low price of $0.0025 at the time of writing.
Bitcoin is on the rise â So why are there so many layoffs in the crypto industry?
This week, the U.S. crypto industry has had many reasons to celebrate: Bitcoin is close to reaching its all-time high, crypto ETFs have achieved many new milestones on Wall Street, and the upcoming presidential election is expected to boost this ecosystem, no matter the outcome.
However, it seems few have noticed that this is one of the toughest weeks for top employers in the cryptocurrency field in the U.S.
Crypto News Brief 03/11: Bitcoin at Risk of Sharp Decline to $50,000 Along with News from Flexa, SafePal, TON
From the assessment that Bitcoin is at risk of a sharp drop to the $50,000 range to SafePal launching the Mini App wallet, here are some highlights in the crypto market.
Bitcoin News A veteran strategist is warning about Bitcoin, saying that the top asset is at risk of a sharp decline to the $50,000 price level. In a new video, anonymous analyst DonAlt tells his 62,500 YouTube subscribers that Bitcoin closing weekly below $70,000 will open the door for another wave of liquidations.
Bitcoin falls below the real price, hindering hopes for a recovery to $72,000
Bitcoin has fallen below the real price â an important metric indicating the average purchase cost of all circulating coins. Such a decline has weakened hopes for a quick recovery to $72,000, as breaking below the real price often indicates increased selling pressure. With the current price of Bitcoin at $68,404, continuing to trade below this important threshold indicates a prolonged bearish trend. The question is, how much deeper can BTC go?
To let the world chase him in making electric cars, Elon Musk claims he will drive Tesla's market cap to $30 trillion
Elon Musk is dreaming of taking Tesla into a new era beyond electric vehicles.
Elon Musk is betting that robot cars will usher Tesla into a new profitable era. But the WSJ suggests that Musk is getting it all wrong. Musk's plan focuses on what he calls end-to-end artificial intelligence. The goal is to feed Tesla's AI systems with a plethora of videos from existing Teslas, with the expectation that algorithms running on massive supercomputers will learn how to drive safely.
Heavy stock sell-off, Warren Buffett's company holds a record 'mountain of cash' of $325 billion
Warren Buffett's Berkshire Hathaway currently holds a record amount of cash after selling off shares of Apple and Bank of America.
According to the financial report released on November 2, Warren Buffett's Berkshire Hathaway saw its cash pile increase from $276.9 billion at the end of Q2 to $325.2 billion in Q3 - marking a record high. This comes as the billionaire sold a significant amount of shares in Apple and Bank of America - the two largest stocks in Berkshire's portfolio.
Berkshire continues to sell 1/4 of its Apple stake, Warren Buffett âsitsâ on an unprecedented large cash pile
In Q3, Berkshire Hathaway's massive cash pile reached $300 billion as Warren Buffett continued to liquidate and did not buy back shares.
According to the financial report released on November 2, Omaha-based Berkshire Hathaway reported cash increasing from $276.9 billion in Q2 to a record $325.2 billion by the end of September.
This massive cash pile continues to grow from Omaha's Oracle selling a large portion of his shares. Specifically, Apple and Bank of America are two names Buffett chose to reduce. Berkshire sold about a quarter of its stake in Apple in Q3, marking the fourth consecutive quarter that the company reduced its investment in the tech giant. Meanwhile, since mid-July, Berkshire has brought in over $10 billion from selling its long-term investment in Bank of America.
Cash is no longer king; as the Fed delves deeper into the rate-cutting cycle, these three types of assets will
These assets have emerged as an alternative in the context of concerns about the USD and inflationary pressures.
Just a year ago, if the stock market was volatile or had risks, investors could shift to pouring money into money market funds with yields above 5%. Currently, yields from money market funds fluctuate around 4.5%. Nevertheless, this remains an attractive level in exchange for safety. But as the Federal Reserve (Fed) delves deeper into the rate-cutting cycle, investors will have to reassess their strategies.
The Fed may continue to cut interest rates next week
Fed policymakers are almost certain to modestly reduce short-term borrowing costs by a quarter percentage point at the policy meeting next week.
<br /><br />Regardless of the results of the U.S. election, the Fed still cuts interest rates to ensure economic stability. Photo: Bloomberg. <br /><br />
U.S. Federal Reserve policymakers believe that the labor market is cooling but not collapsing could still remain intact, although new data shows that employers in the U.S. hired fewer workers in October than any month since December 2020.