⚠️Good time, Analysis of BTC and everything about it⚠️
$BTC The main news of the day: Donald Trump has become president of the USA again. As I mentioned earlier, it didn't make a principled difference to me who would become president, as both candidates expressed commitment to digital assets in a populist manner, and this will not change the global picture. But since many of you were waiting for this event, I inform those who are not yet aware.
Michael van de Poppe: Bitcoin could reach $100,000 by the end of November $BTC $ETH According to analyst and YouTuber Michael van de Poppe, the price of Bitcoin has a good chance of reaching the $100,000 mark by the end of November. Van de Poppe drew an analogy with the political situation in the USA in 2016-2017 when the crypto market experienced a sharp rise. He also highlighted important resistance levels for Bitcoin — $70,000 and $35,000. In addition, the expert expressed optimism regarding DeFi projects such as Uniswap and Compound, which have shown significant growth: Uniswap increased by 30%, and Compound by 20%, reaching $160.
Solana surpassed the $200 level after Trump's victory
$BTC $ETH The price of the cryptocurrency Solana increased by 6.9% in the last 24 hours, reaching $200 — for the first time since April 2024, after Joe Biden won the presidential election in the USA. An analyst from Presto Research noted that the increase in the value of Solana was largely related to the activity of meme coins, which contribute to the development of the entire Solana ecosystem, including decentralized exchanges like Raydium. There was also a recorded increase in the number of active users on the blockchain network, which reached a record 123 million in October, 42% more compared to September. However, the expert also emphasized that the price increase may be partially driven by expectations related to the new administration.
Institutional investors returned with a record inflow into ETFs of $1.4 billion
$BTC
On November 7, 2024, a historic inflow into Bitcoin-based exchange-traded funds (ETFs) was recorded in the USA. A total of $1.37 billion was directed to 11 different funds, according to data from Farside Investors. The leader in inflow volume was the BlackRock IBIT fund, which attracted $1.12 billion, increasing its total size to $27 billion. On that day, the price of Bitcoin set a new record, approaching the mark of $77,000, following the decision of the U.S. Federal Reserve to lower rates, as well as the results of the presidential elections. Additionally, Ethereum-based funds also demonstrated significant inflows, particularly those managed by BlackRock and Fidelity, attracting $23.7 million and $28.9 million, respectively.
Read the article at the link below for more detailed information.
Brazilian YouTuber introduces meme token after reaching $100 million
$BTC $ETH Description: Brazilian YouTube star Rezende Evil, with an audience of over 33 million subscribers, follows the example of other celebrities like Iggy Azalea and launches his own meme token. The new token, named $RZNDE, will operate on the Solana blockchain and will start with a fair launch principle, focusing on active participation and support from his audience. The initial market capitalization of the token will be $25,000, and its release will be conducted through the XCAD platform. The popularity of such meme tokens among stars is explained by their ability to leverage fan loyalty and strong personal brand identity.
Matrixport: Bitcoin could rise to $100,000 by January 2025
$BTC $ETH The cryptocurrency platform Matrixport predicts that the price of Bitcoin could reach $100,000 by the end of January 2025. This is possible if the U.S. Securities and Exchange Commission (SEC) approves Bitcoin as the first strategic reserve asset. Matrixport experts believe that changes in cryptocurrency regulation from the SEC will have a significant impact on the market, and the growing popularity of Bitcoin, which could reach up to 8% of the global population, will help it become a legitimate asset, thereby increasing its price. Additionally, analysts believe that the increased adoption of Bitcoin will foster greater interest in other cryptocurrencies.
BlackRock Bitcoin ETF attracted a record $1.1 billion in one day
$BTC $ETH According to the latest data, the BlackRock Bitcoin ETF, iShares Bitcoin Trust, recorded a record inflow of $1.12 billion in just one day. This is considered the largest one-day inflow for a Bitcoin ETF in US history. The fund's metrics, launched in January, also showed an increase in assets under management to $1.25 billion, making it the largest Bitcoin ETF in the country. This event coincided with Bitcoin reaching a new historical record, rising to $76,500 on Friday.
Closing the deal $AAVE at the current price +✅Thank you to everyone who is with us
LIVE
CryptoBogBost
--
Bullish
SIGNAL
Coin Name: $AAVE Direction: LONG #AAVE
Entry Point: 145.09 💲 Take Point: 164.21 💲💸
Entered the trade $ at x10
Trade Analysis: The price is above a significant level and shows momentum. It virtually does not react to the decline of Bitcoin. I expect to reach the target.
Against the backdrop of the elections, the price of Bitcoin $BTC has for the first time in history surpassed $75,000 — in one day it has increased by more than 10%.#btc
⚡️Fox News officially announced Trump's victory Congratulations to EVERYONE on the update of the hype, as well as the possible and long-awaited entry into the zone of imbalance! #выборы #США #btc $BTC
#CryptoAMA How do you think further regulation of cryptocurrencies could impact innovation in this area? Will the industry be able to adapt to new requirements, or will this lead to a slowdown in its growth and the emergence of new risks for users?
How can the security and resilience of decentralized financial systems (DeFi) be ensured in the face of an increasing number of attacks, smart contract errors, and the possible application of quantum computing, which may threaten current cryptographic standards, while maintaining the principles of transparency and decentralization? #CryptoAMA
What are the potential long-term economic and social consequences of a mass transition to cryptocurrencies, if traditional financial systems and central banks are forced to adapt to decentralized financial mechanisms, while considering threats to stability, regulation, and security issues? #CryptoAMA
⚠️ Good time, BTC Analysis and everything about it ⚠️
$BTC ➡️ On Friday we discussed the main points regarding Bitcoin and what to expect from it in the future (look for those who haven't done so yet), according to the video, we highlighted two local magnets, the short one at 68450+/- and the long one at 71900+/-, we also stated that we will take 68450+/- with 99% certainty in the near future, and that has happened (see the screenshot). Now there are questions, and they sounded like this: