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Money & Crypto News

$76,572 Bitcoin, NEW ALL TIME HIGH! 🔝

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🗞 November 7, 2024 cryptocurrency news highlights

【Cryptocurrency】
💰 Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearly $400M Shorts

🇰🇪 The Kenyan government collected $77.5 million tax revenue from cryptocurrency traders in the last fiscal year

Cryptocurrency Total Market Cap Surpasses $2.6 Trillion, with a 24-hour Change of 7.1%📣

Economy
According to the data, if the German government hadn't sold its BTC reserves in July at $54,000, they could have pocketed an extra $990m in revenue. 🪙

Indicators
BlackRock Bitcoin ETF sees $1B volume in first minutes of post-election trading 📈

The total daily trading volume of Bitcoin spot ETF reached US$6.07 billion yesterday, setting a new high since mid-March this year

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🇺🇸 Bitcoin rockets past $75K following Trump’s victory! His pro-Bitcoin stance, pledge for a national Bitcoin reserve, and promise to review Ross’s case have fueled optimism across the industry. 🇺🇸

Crypto. com publicly warned by Polish regulator

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Crypto. com publicly warned by Polish regulator

The Polish Financial Supervision Authority (KNF) has issued a public warning to Foris DAX MT, a Malta-based company operating under the Crypto .com brand, for suspected unauthorized financial activities in Poland.

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The total daily trading volume of Bitcoin spot ETF reached US$6.07 billion yesterday, setting a new high since mid-March this year

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Tether Treasury Injects 1.845 Billion USDT to CEX on the Ethereum Chain in the Last 12 Hours💲

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Yesterday, BlackRock IBIT saw a net outflow of $68.31 million, with a trading volume of $4.2 billion.📈

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Cryptocurrency Total Market Cap Surpasses $2.6 Trillion, with a 24-hour Change of 7.1%📣

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🇰🇪 The Kenyan government collected $77.5 million tax revenue from cryptocurrency traders in the last fiscal year

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🧠 How you can retire off 0.25 💰Bitcoin

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Bitcoin mining stock prices have surged 📈

Riot Platforms: +26.16% 🔼
MARA Holdings: +18.97% 🔼
BTC Digital: +16.47% 🔼

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Ripple CEO Calls on Trump for Sweeping SEC Reforms in First 100 Days 💡

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BlackRock Bitcoin ETF sees $1B volume in first minutes of post-election trading 📈

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According to the data, if the German government hadn't sold its BTC reserves in July at $54,000, they could have pocketed an extra $990m in revenue. 🪙

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🗞 November 6, 2024 cryptocurrency news highlights

【Cryptocurrency】
Trump has made 11 promises to Bitcoin and cryptocurrency, including firing the SEC chairman and establishing a "national Bitcoin reserve"

Bitcoin’s market capitalization surpasses Meta’s and becomes the ninth largest asset in the world by market capitalization🔝

Economy
53 Page policy briefing on a potential U.S. Strategic Bitcoin Reserve just dropped😎

Bitcoin to reach 💵 $125K if Republicans secure both the presidency and Congress, per Standard Chartered 🇺🇸

Indicators
US presidential race bets near $4B on election day 🚀💵

Over $466m was liquidated in the past 24 hours as Bitcoin hit a new all-time high of over $75,000, with a record $355m of the liquidations in short positions.

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Donald Trump delivers victory speech. 🎤

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Bitcoin’s market capitalization surpasses Meta’s and becomes the ninth largest asset in the world by market capitalization

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FYI: 🟠 MicroStrategy breaks $50 BILLION market cap and is now worth more than Ford Motor Company.

Ford has lost ~60% of its market cap since 2022 and holds $26 BILLION in cash, about 65% of its total market cap!

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VANECK: 🟠 “We have a model that assumes that by 2050 Bitcoin becomes a reserve asset that is held by central banks at a 2% weight. In that model we arrive at a $3M price target for Bitcoin.” 🤯

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JP Morgan: Bitcoin will benefit from Trump’s presidency and MicroStrategy’s investment plan

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US election concept meme coins fell across the board, TRUMP fell more than 54.94% in 24 hours

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Yesterday's US Bitcoin Spot ETF Net Inflow was $622 million🕯

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Two whales collectively sold 33,701 ETH during an ETH price surge, equivalent to approximately $89.72 million.🤩

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ARKB Net Inflow Yesterday: $127 Million👀

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Senator Lummis' Bitcoin reserve proposal faces uphill battle 🪙

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💰 Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearly $400M Shorts

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Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain Antminers ⚡️

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Bitcoin Mining Stocks Skyrocket as Trump’s White House Win Sparks Crypto Rally 🚀

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CNBC: "Multiple analysts are expecting 💰 Bitcoin will hit $100,000" before Trumps inauguration ‼️

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🇺🇸 Bitcoin rockets past $75K following Trump’s victory! His pro-Bitcoin stance, pledge for a national Bitcoin reserve, and promise to review Ross’s case have fueled optimism across the industry. 🇺🇸

▶️READ HERE

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The total open interest of Bitcoin contracts on the entire network surged 9.03% in a single day to a record high of $43.855 billion

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Crypto supporters are making significant gains in the U.S. government.

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