Every month since July has started with Bitcoin sell-offs. 🧐

This was always followed by growth. 📈

Will the pattern repeat in November?

🔥 - Yes
👀 - No

SpotOnChain also notes that, historically, real Bitcoin rallies have started right after U.S. presidential elections. 👀

The company’s analysts believe that regardless of whether Trump or Harris becomes the next president, BTC will continue its growth and potentially reach $100,000 this year. 🚀

Rumors on Token Listing Fees — What's True? 🤔

👀 Once again, claims are circulating that Binance charges massive fees—up to 15% of a token’s supply or $50–$100 million—for listings. But several crypto leaders are calling this out.

Coinbase CEO Brian Armstrong chimed in, saying their listings are free. Yet, Andre Cronje quickly called this false, revealing that while Binance charged Fantom zero for listing, Coinbase requested up to $300 million at different times. Similarly, Justin Sun shared that Binance listed TRX for free, but Coinbase demanded $80 million in TRX plus a $250 million BTC deposit.

Yi He from Binance clarified that listing depends solely on passing a vetting process, and no amount of money can bypass that.

As the debate heats up, it's clear that the truth behind listing fees is still up for interpretation. 🧐

Ethereum: The Amazon of the Crypto World?

According to 21Shares, Ethereum today resembles Amazon in the 1990s—a platform with vast, underappreciated potential. 🧐

Like Amazon, which evolved from a bookstore to a $2 trillion tech powerhouse, Ethereum could surprise with groundbreaking use cases beyond its current scope. 🚀

🔎 Analysts at Bernstein have updated their Bitcoin forecasts based on potential U.S. election outcomes.

If Trump wins, they see BTC soaring to $80-90K, while a Harris win could keep it around $50K. 👀

Regardless, they’re setting an ambitious $200,000 target by end-2025.🚀

On prediction platforms, Trump still leads Harris by 57.9% to 42.1% on Polymarket, though odds have been volatile. The race is tight in swing states, with Harris holding Michigan and Wisconsin while Trump leads in Arizona and Georgia.🧐

Deutsche Telekom will start mining Bitcoin. 🔨

Deutsche Telekom is among the top 4 global telecommunications operators, with a market capitalization of over €129,000,000,000. 💰

$1 Million Baklava 🙀

👀 Everyone’s heard about the famous pizza bought for 10,000 BTC, celebrated annually as Bitcoin Pizza Day. But did you know about the Baklava story? Let us tell you!

In 2011, a Twitter user named Mandrik sold a box of baklava to businessman Roger Ver for 14 BTC. Back then, those 14 BTC were worth about $100. Today? Almost $1 million! 💸

Talk about FOMO that lasts a lifetime! 🤯

📉 CoinGlass: Traders Brace for Election Volatility

Bitcoin futures open interest has dropped significantly as traders close both LONG and SHORT positions en masse. With U.S. presidential elections just around the corner, many are stepping back, anticipating a spike in volatility. 🌀

Seems like the market is holding its breath—who else is ready for a rollercoaster week? 🎢

⚒ Bitcoin mining difficulty hit a new all-time high, reaching 100 T!

Historically, increases in the network difficulty of the first cryptocurrency have been a leading indicator of BTC price growth. 🚀

U.S. BTC ETFs experienced a record outflow of $540.9 million in a single day ahead of the elections! 📉💰

This marks the second-largest outflow in the history of these funds.

Notably, 21Shares (ARKB) and Bitwise (BITB) hit all-time lows since their launch. The only ETF to record a positive inflow yesterday was BlackRock’s (IBIT), with 569 BTC or $38.6 million. 🧐

Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood have teamed up to launch USDG stablecoin! 🚀

This network aims to transform the stablecoin market by offering partners up to 100% returns from USDG-backed assets. 💸

💸 All-In for Trump!

A user named "zxgngl" just withdrew another $3,100,000 from Binance and bet it all on Donald Trump winning the presidency! 😱

In total, this daredevil is risking $17,300,000—all in hopes of seeing Trump back in the White House. A wild bet, to say the least… 🤯

Arkham believes that today’s widely discussed Mt. Gox Bitcoin transfer is a move to cold storage.💵

As a reminder, the Mt. Gox trustee made two Bitcoin transactions today totaling $2.3 billion.

Bitcoin just pulled a 3.7% jump as U.S. election fever hit, reaching nearly $70K!

Looks like BTC is having its own Election Day rally! 🗳📈

Popular trader Exitpump summed it up: “Sudden spot buying in unison”—it’s like everyone showed up to the polls with some spare BTC to buy!

👀 Another trader Moustache pointed out a pattern, suggesting BTC may have hit its bottom just before voting, giving us that classic election-year déjà vu.

🔍 CryptoQuant noted BTC’s election track record: +37% in 2016, +98% in 2020, and +22% in 2012. If history’s any clue, we’re in for a wild ride. 🎢

With traders cautiously betting on volatility, BTC might just steal the show… at least until we find out who’s moving into the White House! 🏛

📰 Bitcoin Hits New All-Time High of $75,000 Amid Trump’s U.S. Election Victory!

On Wednesday, November 6, Bitcoin surged to a historic peak, momentarily reaching $75,000 before a slight correction brought it down to around $73,000. This jump was fueled by the preliminary U.S. presidential election results showing Donald Trump’s lead. 🔥

According to Associated Press, Trump has secured 267 out of the 270 electoral votes needed, with his competitor Kamala Harris holding 214. While vote counting continues, Trump’s victory appears almost certain, prompting him to hold a press conference to address the win. 🎉

🐋 A whale who was shorting Bitcoin was liquidated for $75,000,000 after the first cryptocurrency reached an all-time high.

Another user was also liquidated for $36,400,000. 🤷

🚀 Coinbase CEO Brian Armstrong Calls New U.S. Senate “The Most Pro-Crypto in History”!

Brian Armstrong, CEO of Coinbase, celebrated the election of over 200 pro-crypto supporters to the U.S. Senate and House, hailing it as a historic shift for the crypto industry. 🎉

Armstrong expressed gratitude to all who stood by crypto, noting this as a vital step for America’s crypto future.

“Welcome to America’s most pro-crypto Congress! 219+ crypto-friendly candidates have been elected,” Armstrong shared, highlighting that voters across the nation made their stance on crypto clear. He looks forward to collaborating with Congress to establish regulatory clarity for digital assets. 📝

⚡️ Donald Trump Wins U.S. Presidential Election!

According to CNN, Trump secured 276 electoral votes, while The New York Times reports 277 – both surpassing the 270 needed to win. Democratic candidate Kamala Harris garnered 219 votes.

But let’s not get ahead of ourselves; Trump officially steps into office in January 2025. So, any crypto-friendly promises, including the potential removal of Gary Gensler, won’t be in action until then. Fingers crossed he doesn’t forget by then! 😁