Yesterday, Fidelity's FBTC saw a net inflow of $40.2 million, while BITB had a net inflow of $48.0 million.🕯
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🕯 Despite a potential 20-30% correction, 💰 BTC's long-term outlook remains bullish due to ETF inflows and institutional adoption
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Moody’s upgrades El Salvador’s sovereign debt rating to B3 with a stable outlook 👀
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Matrixport: $89,000 to $90,000 is the key support, BTC is expected to once again retain the title of the best asset of the year
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HISTORY: 🟠 November 11, 2024, was the biggest daily gain in Bitcoin history 🚀
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🇧🇷 Brazil's Chamber of Deputies has introduced a bill to create a 💰Strategic Sovereign Bitcoin Reserve (RESBit) to diversify financial assets and boost economic resilience
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Bitcoin dominance recently surged to a new 3.5-year high of 60.59% as Bitcoin was approaching it's all-time high 💪
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🗞 November 26, 2024 cryptocurrency news highlights
【Cryptocurrency】
The Russian State Duma has passed amendments recognizing digital currency as property for tax purposes, introducing rules for taxing cryptocurrency mining, transactions, and income reporting.
Morocco is in the process of adopting a new law to regulate cryptocurrencies, which have been banned since 2017 but continue to be used underground. ✍️
【Economy】
President-elect Donald Trump plans to sign an executive order imposing a 25% tariff on all products from Mexico and Canada entering the U.S., and an additional 10% tariff on Chinese imports until the issue of fentanyl and other drugs sent to the U.S. is resolved.
【Indicators】
MicroStrategy adds 55,000 BTC for $5.4B, boosting its total to 386,700 Bitcoin ($21.9B invested). Avg cost: $56,761/BTC 📈
【More】
Apple CEO Tim Cook disclosed that he has been holding Bitcoin for three years, clarifying that it is a personal investment choice, not part of Apple's corporate strategy 👛
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The Russian State Duma has passed amendments recognizing digital currency as property for tax purposes, introducing rules for taxing cryptocurrency mining, transactions, and income reporting.
📱@Money 📱Twitter
President-elect Donald Trump plans to sign an executive order imposing a 25% tariff on all products from Mexico and Canada entering the U.S., and an additional 10% tariff on Chinese imports until the issue of fentanyl and other drugs sent to the U.S. is resolved.
📱@Money 📱Twitter
Bitcoin-backed stablecoin USDa has surpassed a circulation of 200 million tokens, ranking as the third largest CDP behind MakerDAO and USDJ.📣
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If Bitcoin goes to $13M as Michael Saylor suggests as his base case, MicroStrategy would be worth over $10 Trillion dollars 🚀
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Yesterday, Grayscale 🔹 ETH saw a net inflow of $37.3 million, while Grayscale 💰 BTC saw a net inflow of $12 million
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Samson Mow explains how Bitcoin is massively undervalued and why Bitcoin will hit $1 MILLION soon.🚀
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🗞 November 27, 2024 cryptocurrency news highlights
【Cryptocurrency】
Matrixport: $89,000 to $90,000 is the key support, BTC is expected to once again retain the title of the best asset of the year
【Economy】
🇧🇷 Brazil's Chamber of Deputies has introduced a bill to create a 💰Strategic Sovereign Bitcoin Reserve (RESBit) to diversify financial assets and boost economic resilience
【Indicators】
Bitcoin dominance recently surged to a new 3.5-year high of 60.59% as Bitcoin was approaching it's all-time high 💪
【More】
OKG Research reports that just 0.01% of global listed companies currently hold Bitcoin, with an estimated $2.28tr in potential inflows over the next year.
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OKG Research reports that just 0.01% of global listed companies currently hold Bitcoin, with an estimated $2.28tr in potential inflows over the next year.
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USDe Supply Surpasses 4 Billion Tokens, Reaching an All-Time High🔼
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A lot of people are waking up realizing that they are short Bitcoin - especially with Trump as president, the government is more likely to buy Bitcoin than ban it 📈
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A Strategic Bitcoin Reserve Bill has been proposed to Brazil's Chamber of Deputies 😠
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Morocco is in the process of adopting a new law to regulate cryptocurrencies, which have been banned since 2017 but continue to be used underground. ✍️
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Bitcoin Drops Below $93,000
Bitcoin fell below $93,000, now trading at $92,841, a 24-hour drop of 5.46%.
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Rumble announced its Bitcoin Treasury Strategy, planning to buy up to $20m in BTC with its excess cash reserves.
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Michael Saylor breaks down why Bitcoin is the “holy grail asset”—outpacing monetary inflation, uncorrelated to the S&P 500, and delivering superior risk-adjusted returns 💪
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MicroStrategy adds 55,000 BTC for $5.4B, boosting its total to 386,700 Bitcoin ($21.9B invested). Avg cost: $56,761/BTC 📈
👉 Read More
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Apple CEO Tim Cook disclosed that he has been holding Bitcoin for three years, clarifying that it is a personal investment choice, not part of Apple's corporate strategy 👛
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