Yo Soy principiante dinámico con las ganas de adquirir conocimientos y habilidades para ejecutar el proceso, con la ayuda de Dios primero y la persona qué ayude
“Don’t buy Bitcoin or any other cryptocurrency until November 25th.” This is the recommendation from Valter Rebelo, a digital asset specialist and economist with a degree from Insper, to investors in this asset class right now.
The reason is simple: he has just identified a microcoin – an embryonic cryptocurrency with promising growth potential – recently launched on the market and which could skyrocket by up to 30,000% in the next 10 months.
Don’t get me wrong… if you are a cryptocurrency investor, Bitcoin should be part of your investment portfolio. After all, we are talking about the largest digital asset in the world. However, if you want to seek exponential returns with this asset class, and even the chance of becoming a millionaire, investing only in BTC may not be the best strategy.
The reason is that the possibility of Bitcoin experiencing a significant enough appreciation to make you change your financial level is increasingly slim. Due to its current market value, it is almost impossible for BTC to appreciate by 30,000% in less than 1 year.
Republican Victory Could Boost Cryptocurrency Market
According to Foresight News, CoinDesk reported on November 12 that a research report from Standard Chartered Bank suggests a significant Republican victory could enable the new government to implement favorable policies for the digital asset sector. This development might lead to the total market capitalization of cryptocurrencies expanding to $10 trillion by the end of 2026.
The bank reiterated its end-of-2025 targets, forecasting Bitcoin's price to reach approximately $200,000 and Ethereum's price to be around $10,000. Additionally, the report anticipates that Solana will outperform the two largest cryptocurrencies, Bitcoin and Ethereum, in the coming years. These projections reflect the bank's optimistic outlook on the potential impact of political changes on the cryptocurrency market.
Grayscale Transfers 4,897 BTC to Unmarked Addresses
According to PANews, approximately 15 minutes ago, Arkham monitoring reported that Grayscale moved a total of 4,897 BTC through five transactions to five unmarked addresses. The total value of these transactions is estimated to be around $434 million. This significant transfer of Bitcoin highlights ongoing activity within the cryptocurrency market, drawing attention to the movements of major players like Grayscale. The transactions were executed without any specific addresses being labeled, which is a common practice in the crypto industry to maintain privacy and security. Such large-scale transfers often spark discussions and speculations about the intentions behind them, whether they are for strategic repositioning, security measures, or other financial maneuvers. As the cryptocurrency market continues to evolve, monitoring these transactions provides insights into the behavior of institutional investors and their impact on market dynamics. Grayscale's actions are closely watched by market analysts and investors alike, as they can influence market trends and investor sentiment.
Ethereum(ETH) Surpasses 3,300 USDT with a 3.66% Increase in 24 Hours
On Nov 12, 2024, 00:27 AM(UTC). According to Binance Market Data, Ethereum has crossed the 3,300 USDT benchmark and is now trading at 3,307.389893 USDT, with a narrowed 3.66% increase in 24 hours.
ARKB Experiences Significant Inflow of $108.6 Million
According to Odaily, recent data from Farside Investors reveals that ARKB witnessed a substantial net inflow of $108.6 million yesterday. This significant financial movement highlights the growing interest and confidence in ARKB among investors. The influx of capital is seen as a positive indicator for the fund's future performance and stability.
The substantial inflow into ARKB underscores a broader trend of increased investment activity in the market. Analysts suggest that such movements could be driven by various factors, including market conditions, investor sentiment, and strategic positioning by institutional investors. The data from Farside Investors provides a snapshot of the current financial landscape, reflecting the dynamic nature of investment flows.
As the market continues to evolve, the implications of such significant inflows are closely monitored by industry experts. The impact on ARKB's portfolio and its potential influence on market trends remain areas of interest for investors and analysts alike. This development is part of a larger narrative of shifting investment patterns and the ongoing assessment of market opportunities.