After a rally fueled by excitement over “Trump” trades, Bitcoin has cooled off, falling to $88,000. Meanwhile, 18 US states have filed lawsuits against the SEC, alleging its actions against cryptocurrencies are unconstitutional. Former CFTC Chairman Chris Giancarlo tweeted that he is not interested in being the next SEC Chairman, saying he does not want to “clean up Gary Gensler’s mess.”
Daily Macro
Bitcoin Market Status: Bitcoin price rally has paused, entering a consolidation phase. Most MEME tokens have seen significant pullbacks.
Bitcoin ETF Activity: On November 13, preliminary reports indicate a net inflow of $220 million yesterday.
Ethereum ETF Activity: On November 13, preliminary reports show a net outflow of $4.03 million yesterday.
Macro Data: The latest October CPI data from the Federal Reserve has reinforced expectations for a rate cut in December. With anticipation growing in the market, traders are betting on Bitcoin reaching 100,000 $ by the end of the year. #MarketDownturn #Binance
Ethereum has disappointed most spot investors in recent days, especially as a future $BTC Btc has done its part $SOL has done its part $BNB is doing its part Even dead projects like XRP ADA XLM are being revived but Eth... pfffff The Fed could save Eth by lowering its rates again for December. The Sec could save Eth by approving the various Ethereum ETFs that have been pending for weeks. Eth will do its part, but when? Question for a champion.... Hi As for me, I remain optimistic. #Binance #MarketDownturn #Bitcoin
$SUI Price and TVL Soar on VanEck ETN Launch and MemeFi Integration
The Sui$SUI blockchain reached a total value locked (TVL) of $1.391 billion on Nov. 12, up sharply from $211.39 million at the start of 2024, according to DeFiLlama. This growth accompanies SUI’s price hitting an all-time high of $3.51 on Nov. 14. Meanwhile, MemeFi, a Telegram-based tap-to-earn game, is set to launch its token on Sui on Nov. 22 instead of initially launching on Ethereum’s Linea. The recent launch of VanEck’s SUI ETN in Europe also underscores Sui’s growing adoption.
Polymarket users are betting heavily on Bitcoin hitting $100,000 by the end of the year, with odds rising from 33% to 62% after Bitcoin $BTC surpassed $85,000. This spike in confidence reflects the extreme optimism in the cryptocurrency market, fueled by speculation of a favorable regulatory change after the recent US elections. Although trading volumes on Polymarket have surpassed $2.7 million, 88% of its users are reportedly suffering losses, drawing the attention of regulatory authorities in France for compliance issues. #MarketDownturn #Binance
Stid.Annonces Félicitations et BON GAIN a ceux qui avaient pris ces trades LTC TP3 : 85,55✔️ АРЕ ТР5: 1,22✔️ THETA TP1 : 1,38✔️ ETC TP1 : 23,60✔️ #MarketDownturn #Trading💥💪🌟🌼
XRP Surges 15% on Robinhood IPO, Regulatory Optimism
XRP surged 15.34% to trade above $0.81, marking a 47% weekly gain, as regulatory optimism fueled by Donald Trump’s election bolstered sentiment. The rally followed Robinhood’s addition of $XRP , Solana ($SOL ) and Cardano ($ADA ), expanding retail access. Technical analysts noted XRP’s bullish breakout from an ascending triangle, with a daily close above the $0.75 neckline signaling a shift to an uptrend. The move highlights renewed investor confidence amid speculation about a regulatory shift favorable to cryptocurrencies under a potential Trump administration.
Ripple Community and $XRP React as SEC Chairman Under Investigation A recent document reveals that Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), is under investigation, sparking discussion in the crypto community. The letter, signed by key lawmakers, raises concerns about the SEC’s hiring practices and possible political bias, calling into question the impartiality of the agency’s regulatory actions. This development could impact the SEC’s stance on crypto, potentially influencing Ripple’s ongoing legal battle. Supporters of $XRP see the investigation as a possible turning point that could lead to a more balanced regulatory environment for digital assets.
Crypto Bull Market Begins: Analysts Advise ‘Buy All You Can Get’
Analysts at Bernstein are predicting a cryptocurrency bull market fueled by Donald Trump’s pro-Bitcoin stance, advising investors to take advantage of this promising opportunity, with a Bitcoin $BTC target of $200,000 by 2025. The leading research and brokerage firm, led by analyst Gautam Chhugani, strongly recommends investing in cryptocurrencies, encouraging clients to capitalize on the momentum following Trump’s election victory. Do you think this prediction is realistic?
Les altcoins DeFi gagnent du terrain alors que les développeurs privilégient l'évolutivité et les faibles frais
L'élan de la DeFi propulse des altcoins comme Arbitrum $ARB , Avalanche$AVAX , Fantom $FTM et Optimism sous les projecteurs. Connues pour leur évolutivité et leur rentabilité, ces plateformes sont bien adaptées aux projets NFT. Arbitrum propose des transactions rapides et peu coûteuses, tandis qu'Avalanche prend en charge les dApps multi-chaînes avec une sécurité renforcée. La technologie Directed Acyclic Graph (DAG) de Fantom offre une efficacité à grande vitesse, et Optimism, une solution Ethereum de couche 2, offre des frais réduits et un débit élevé, ce qui séduit les développeurs à la recherche d'une croissance durable dans les applications décentralisées. Par
Hello It makes me sad when I come across these kinds of publications and especially those who force themselves to share counter-trend trades during an uptrend Don't follow everyone you read
And he plays the ancestor that he has been there for 7 years, Cultivate yourself and get trained otherwise you risk doing 10 years in a field while remaining useless and it's the new kid who will be more experienced than you.
Hi for the moment the analyses are still relevant the trades are still possible on Spot trades. Take advantage of the semblance of correction to position yourself. May luck be ours 🤞