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Current news from the world of cryptocurrencies and market analysis. Read us and have up-to-date information! We are open for cooperation: https://t.me/kryptoadv
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๐Ÿ“ˆ This weekend, $BTCโ€™s dominance hit a fresh high of 59.75%, while ETH/BTC fell to April 2021 levels at 0.03625.

๐Ÿ“Š Since the beginning of the year, Bitcoin has surged 1.5x, smashing through ATH in March, while many alts have slipped back to last yearโ€™s levelsโ€”or lower. Rumor has it, the days of altseason are over, with the spotlight now on Bitcoin, held by big funds with even bigger wallets. ๐Ÿ‘€

๐Ÿค” So, is this a paradigm shift, or do we just need to be a little more patient?

๐Ÿ”ฅ "Just wait, altseason is around the corner."

๐Ÿ‘ "Classic altseason is over; meme coins had their day."

๐Ÿ˜‚ "Iโ€™m tired of waitingโ€”heading to OnlyFans, the real goldmine!"
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๐Ÿ” The investment fund Capriole Investment notes that a breakout of resistance has already formed on the chart of aggregate balances of spot Bitcoin ETFs, which they tend to view as ahead of time indicator for the BTC price chart. ๐Ÿ“ˆ
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Ethereum Eyes $6K Despite October Slump! ๐Ÿš€

Ethereum's price has dropped 5.4% since the start of the month, but several indicators suggest itโ€™s gearing up for a rebound to $6,000, according to Cointelegraph analyst Yashu Gola.

ETH might be closing its first losing October since 2018, driven by rising competition from platforms like Solana and weak market response to ETH spot ETFs. Still, Ethereum is holding above the critical $2,400 support level.

What could push ETH to $6K?

1๏ธโƒฃ Strong Support โ€” previous rebounds from this level saw gains of up to 160%.

2๏ธโƒฃ Institutional Moves โ€” a $1.3B ETH withdrawal from Coinbase hints at long-term interest.

3๏ธโƒฃ Capital Rotation โ€” Solana may have โ€œoverheated,โ€ positioning ETH to lead an altseason.

Will ETH reach $6K by 2025? All signs point to a potential lift-off! ๐ŸŒ•
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๐Ÿ”‹ Bitcoin's energy value has reached $100,000 for the first time in history! ๐Ÿ“ˆ

โšก๏ธEnergy value is a metric proposed by Capriole Investment that measures BTC's value in joules (the amount of energy required to produce the electricity needed to support mining).
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๐Ÿš€ Bitcoin has reached $71,000 for the first time since early June!

Just a bit more to a new ATH ๐Ÿซ 
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October did redeem itself in the end, partially meeting expectations, though it certainly tested our nerves. ๐Ÿ“ˆ

But unfortunately, it didnโ€™t turn into an "Uptober" for altcoins. Will "Moon-vember" make up for it? ๐Ÿš€
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"Is Vitalik Buterin retarded?" asks one crypto enthusiast after yet another article from the Ethereum creator about The Splurge stage.

Vitalik himself replies, "Yes." ๐Ÿ•บ
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๐Ÿ‡ง๐Ÿ‡น The Government of Bhutan Sells Bitcoin!

In the last hour, Bhutan transferred 929 BTC (worth $66 million) from its wallets to Binance. Currently, they still hold 12,456 BTC (about $886.8 million) on their balance.

Whatโ€™s behind this massive sell-off? ๐Ÿ‘€ Stay tuned for updates!
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MicroStrategy Stocks Outpacing Bitcoin Growth! ๐Ÿ“ˆ

In October, MicroStrategy's shares surged another 60%, tripling in value since the start of the yearโ€”outperforming Bitcoin itself! Just last week, MSTR jumped over 10%, reaching $255. ๐Ÿš€

MicroStrategy's all-time high was $333 back in 2000, but it wasnโ€™t until 2020โ€”when the company began stacking Bitcoinโ€”that the stock started climbing again.

Now, MicroStrategy is the largest corporate BTC holder globally, with 252,220 BTC on its balance sheet, bought at an average price of $39,266 per coin. ๐Ÿ’ฐ
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๐Ÿ‡จ๐Ÿ‡ณ China Prepares Massive $1.4 Trillion Stimulus Package!

Chinaโ€™s top legislative body will meet from Nov 4-8, weighing a potential $1.4 trillion fiscal stimulus package to bolster the economy and manage local debt risks. The package could grow if Trump wins re-election, as Beijing anticipates heightened economic pressures. ๐Ÿ’ฐ

The plan marks one of the biggest stimulus moves since the pandemic, potentially reshaping Chinaโ€™s economic landscape! ๐ŸŒ

Arthur Hayes predicts that this flood of new yuan will push Bitcoin to soar, as Chinese citizens use the decentralized asset as a hedge against currency devaluation and rising inflation.๐Ÿš€
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Bitcoin advisor to the president of El Salvador, Max Keiser, claims he advised Peter Schiff to buy Bitcoin at various stages: at $1, $10, $100, $1,000, and $10,000. Now, all Schiff can do is watch as BTC approaches another all-time high and just spit venom.๐Ÿ˜ฌ

Soon, it may be time to tag him again when Bitcoin hits $100,000 โ€” just to remind him of the missed chances! ๐Ÿ˜‚
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Bitcoin is nearly $73,000, just 1.2% away from its ATH!

According to Peter Brandt, the target for this cycle is $160,000. ๐Ÿš€
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๐Ÿš€ Yesterday, Bitcoin hit a local peak above $73,000, coming within $200 of a new ATH!

Although the price has slightly corrected, thereโ€™s a high chance weโ€™ll see a new ATH today (Binance's ATH is $73,777).

Against several currencies, including the Canadian dollar, Mexican peso, Argentine peso, and Russian ruble, Bitcoin already reached record highs. ๐Ÿ”ฅ

Meanwhile, the Fear & Greed Index has surged to 77 โ€” extreme greed mode! Looks like everyoneโ€™s ready to buy! ๐Ÿ˜ƒ
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Spot Bitcoin ETFs are seeing the strongest inflow in BTC terms since March 2024! ๐Ÿ’ช

Just yesterday, U.S. spot Bitcoin ETFs attracted $870 million โ€” the third-largest inflow since their launch. ๐Ÿ’ฐ

Currently, Bitcoin ETF issuers are holding BTC worth $72.5 billion.
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Is the Next Bitcoin Peak Between $174K and $462K? ๐Ÿš€

Historically, Bitcoin has reached its bull cycle peaks between the 1.618 and 2.272 Fibonacci retracement levels. Following this trend, the next BTC top could be anywhere from $174,000 to a whopping $462,000! ๐Ÿค‘

With BTC above $72K and a new ATH expected soon, all eyes are on these Fibonacci targets for the next bull run. Buckle up! ๐Ÿ“ˆ
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๐Ÿ’ณ Crypto, now with a Visa swipe!

๐Ÿค Visa and Coinbase have teamed up, letting eligible Visa debit card users in the U.S. and EU buy and cash out crypto instantly. Now, Coinbase users can snag trading opportunities 24/7 โ€” no more waiting around! ๐Ÿ•’๐Ÿ’ธ

๐Ÿคตโ€โ™€๏ธ Visaโ€™s Yanilsa Gonzalez Ore even hinted that this move gives traders a reason to keep their finger on the button, day or night. After all, when the bull run hits, who wants to be on hold?

Looks like Visa is keeping crypto in the shopping cart while traditional finance takes its time warming up! ๐Ÿ˜‚
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10x Research Predicts a $100K Bitcoin Blast-Off by January!

According to 10x Research, Bitcoin could hit $100,000 by the new year! Their model, boasting an 86.7% accuracy, recently triggered a double buy signal, predicting BTC will go 40% higher from its current price of $73K by January. ๐Ÿ“ˆ

With โ€œBitcoin dominanceโ€ supposedly sucking the life out of altcoins, itโ€™s a BTC show all the way to 2025! And yes, they even squeezed in a Trump election prediction, apparently hoping for a crypto boost if he wins. ๐Ÿคช
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16 years of the Bitcoin White Paper!๐ŸŽ‰

๐Ÿ—žOn October 31, 2008, Satoshi Nakamoto published the Bitcoin white paper, outlining the principles of a peer-to-peer payment system that would revolutionize the fintech world. To this day, it's unknown who Satoshi really isโ€”an individual or a group?

Interestingly, in HBOโ€™s new documentary Money Electric, Peter Todd was named as Bitcoinโ€™s creator. Todd denied it, and now has to stay hidden for safety reasons. ๐Ÿ‘€

The Bitcoin network launched in January 2009, and two years later, Satoshi disappeared, leaving behind a multi-billion dollar industry and one of the greatest unsolved mysteries. ๐Ÿ‘บ
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๐Ÿš€ Canary Capital has filed an application with the SEC for a Solana ETF! ๐Ÿ”ฅ
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MicroStrategy Plans a Massive $42B Bitcoin Purchase! ๐Ÿ’ฐ

๐Ÿ“ข The corporate giant and largest BTC holder, MicroStrategy, announced its plan to raise $42 billion for Bitcoin purchases over the next three years. Theyโ€™ve already accumulated 252,220 BTC (valued at around $18 billion) at an average price of $39,266 per coin.

๐Ÿ’ต A unique aspect of MicroStrategyโ€™s strategy is using borrowed funds for these purchases: the company periodically issues long-term bonds to increase its BTC balance. As of Q3 2024, they still had $891.3 million remaining from previously raised funds.
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