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. 🧐
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. 🧐
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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. 💸
This network aims to transform the stablecoin market by offering partners up to 100% returns from USDG-backed assets. 💸
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💸 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… 🤯
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… 🤯
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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.
As a reminder, the Mt. Gox trustee made two Bitcoin transactions today totaling $2.3 billion.
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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! 🏛
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! 🏛
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📰 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. 🎉
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. 🎉
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🚀 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. 📝
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. 📝
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⚡️ 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! 😁
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! 😁
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Crypto guys celebrate Trump's victory! 🥂
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🐳 Polymarket Whales Cash In on Trump’s Victory!
Some Polymarket traders struck gold with Trump’s recent election win, according to Lookonchain:
▫️ Trader “Theo4” pocketed a whopping $20.4 million.
▫️ “Fredi9999” came out with a cool $15.6 million.
▫️ “zxgngl” added $11 million to their wallet.
Big wins for big bets on Polymarket! 💸
Some Polymarket traders struck gold with Trump’s recent election win, according to Lookonchain:
▫️ Trader “Theo4” pocketed a whopping $20.4 million.
▫️ “Fredi9999” came out with a cool $15.6 million.
▫️ “zxgngl” added $11 million to their wallet.
Big wins for big bets on Polymarket! 💸
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Crypto soothsayer
🐳 Polymarket Whales Cash In on Trump’s Victory! Some Polymarket traders struck gold with Trump’s recent election win, according to Lookonchain: ▫️ Trader “Theo4” pocketed a whopping $20.4 million. ▫️ “Fredi9999” came out with a cool $15.6 million. ▫️ “zxgngl”…
📈 Polymarket Sets New Betting Targets for Bitcoin in November!
With the U.S. election won by Trump, the action on Polymarket is far from over. The current hot topic? Bitcoin's price in November. 🚀
Bettors are placing an 85% probability that Bitcoin will reach $77,500 this month. The odds for Bitcoin hitting $90,000 or dropping back to $60,000 are much lower, at 27% and 15%, respectively. 🧐
Predictions are based on Bitcoin's performance against USDT on Binance between November 1-30.
With the U.S. election won by Trump, the action on Polymarket is far from over. The current hot topic? Bitcoin's price in November. 🚀
Bettors are placing an 85% probability that Bitcoin will reach $77,500 this month. The odds for Bitcoin hitting $90,000 or dropping back to $60,000 are much lower, at 27% and 15%, respectively. 🧐
Predictions are based on Bitcoin's performance against USDT on Binance between November 1-30.
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😂 SEC’s Gary Gensler Likely Out After Trump’s Win, But Justin Sun Has a Job Offer Ready!
With Trump back, SEC Chair Gary Gensler may soon exit, says analyst Markus Thielen. It’s tradition for SEC heads to step aside with a new president, and Trump’s promised to end the “anti-crypto crusade” on day one. Could a friendlier SEC be on the horizon?
And here’s the twist: Justin Sun joked he’d be happy to hire Gensler—if he promises to play nice with crypto. "As an industry, we should have an inclusive heart," Sun said. Now that's a plot twist! 😁
With Trump back, SEC Chair Gary Gensler may soon exit, says analyst Markus Thielen. It’s tradition for SEC heads to step aside with a new president, and Trump’s promised to end the “anti-crypto crusade” on day one. Could a friendlier SEC be on the horizon?
And here’s the twist: Justin Sun joked he’d be happy to hire Gensler—if he promises to play nice with crypto. "As an industry, we should have an inclusive heart," Sun said. Now that's a plot twist! 😁
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🚀 Bitcoin ETF by BlackRock Hits $2 Billion Trading Volume in Hours!
In a remarkable start, BlackRock’s Bitcoin ETF raked in over $1 billion in just 20 minutes after the market opened, a level usually seen across a full trading day. Total volume hit $2 billion within hours, signaling massive interest. 💰
Looks like Wall Street has caught some serious FOMO! Will we see new records in Bitcoin ETF inflows tomorrow? 😏
In a remarkable start, BlackRock’s Bitcoin ETF raked in over $1 billion in just 20 minutes after the market opened, a level usually seen across a full trading day. Total volume hit $2 billion within hours, signaling massive interest. 💰
Looks like Wall Street has caught some serious FOMO! Will we see new records in Bitcoin ETF inflows tomorrow? 😏
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💉 In the last 12 hours, Tether has injected $1.845 billion USDT into exchanges.
• $1.706 billion on Binance
• $101.7 million on Coinbase
• $20 million on OKX
• $17.86 million on Kraken
Over the year, Tether has issued 37 billion USDT on the Ethereum and Tron networks, which is considered the main driving force behind the two new ATHs in 2024. 🚀
• $1.706 billion on Binance
• $101.7 million on Coinbase
• $20 million on OKX
• $17.86 million on Kraken
Over the year, Tether has issued 37 billion USDT on the Ethereum and Tron networks, which is considered the main driving force behind the two new ATHs in 2024. 🚀
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