๐ Solana (SOL) Reaches Record Market Share of 3.75%!
Solanaโs market share in the crypto market cap has hit a historic high of 3.75%. Back in the 2021 market peak, it was less than 2.8%, and at the start of 2024, it was under 1%. ๐ง
SOL price has surged to $200 for the first time since March, pushing its market cap beyond $94.2 billion. Since early 2024, SOL has nearly doubled, gaining 40% in just the past month. ๐ฅ
With this impressive growth, Solana is now the 4th largest crypto asset, pushing Binanceโs BNB to 5th place, ranking just behind BTC, ETH, and USDT. ๐ช
Solanaโs market share in the crypto market cap has hit a historic high of 3.75%. Back in the 2021 market peak, it was less than 2.8%, and at the start of 2024, it was under 1%. ๐ง
SOL price has surged to $200 for the first time since March, pushing its market cap beyond $94.2 billion. Since early 2024, SOL has nearly doubled, gaining 40% in just the past month. ๐ฅ
With this impressive growth, Solana is now the 4th largest crypto asset, pushing Binanceโs BNB to 5th place, ranking just behind BTC, ETH, and USDT. ๐ช
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๐ฐ China has announced a $1.4 trillion debt refinancing program for local governments โ Bloomberg.
This could positively impact all markets, including crypto. Another reason for Bitcoin to reach $100,000 soon! ๐
This could positively impact all markets, including crypto. Another reason for Bitcoin to reach $100,000 soon! ๐
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๐ Polymarketโs TVL Drops 50% After U.S. Elections and French Ban Warning!
Polymarketโs Total Value Locked (TVL) took a sharp 50% dip following the U.S. election results and warnings of a possible ban in France (after some major losses from those betting on Kamala Harris). ๐คท
To counter the slump, the team is hinting at a potential future airdrop. ๐ค
Polymarketโs Total Value Locked (TVL) took a sharp 50% dip following the U.S. election results and warnings of a possible ban in France (after some major losses from those betting on Kamala Harris). ๐คท
To counter the slump, the team is hinting at a potential future airdrop. ๐ค
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Andrew Tate explicitly called out every celebrity who supported Joe Biden in the election, making sure not to miss anyone ๐
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๐ฅ Bitcoinโs Post-ATH Gains: Ready for a Spicy Winter?
Apparently, Bitcoinโs average returns in the first 3 months after hitting an all-time high are way better than its regular 3-month average.
So, if history repeats itself, November, December, and January could be looking extra toasty! ๐
Grab your marshmallows, itโs gonna be a hot winter! โ๏ธ๐ฅ
Apparently, Bitcoinโs average returns in the first 3 months after hitting an all-time high are way better than its regular 3-month average.
So, if history repeats itself, November, December, and January could be looking extra toasty! ๐
Grab your marshmallows, itโs gonna be a hot winter! โ๏ธ๐ฅ
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Bitcoin Soars to New Heights! ๐
This rocket can't be stoppedโnew ATH at $77,200! CZ hints (link) that this could be just the beginningโmaybe he knows something we donโt. ๐ค
๐ฃ Itโs a joy to see the market like this! Just a little more to reach $80K! ๐
This rocket can't be stoppedโnew ATH at $77,200! CZ hints (link) that this could be just the beginningโmaybe he knows something we donโt. ๐ค
๐ฃ Itโs a joy to see the market like this! Just a little more to reach $80K! ๐
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๐บ๐ธ There are currently 284 crypto supporters in the U.S. Congress (Stand With Crypto).
266 in the House of Representatives and 18 in the Senate have โpromised bold reforms to foster the growth of the crypto industry in the U.S.โ ๐ฅ
The Republicans have won the presidential election + gained control of the Senate and are maintaining a majority in the House of Representatives (CNN).
266 in the House of Representatives and 18 in the Senate have โpromised bold reforms to foster the growth of the crypto industry in the U.S.โ ๐ฅ
The Republicans have won the presidential election + gained control of the Senate and are maintaining a majority in the House of Representatives (CNN).
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๐ BlackRockโs Bitcoin ETF Surpasses Their Own Gold ETF in Net Assets!
BlackRockโs spot Bitcoin ETF (IBIT) has now outpaced their Gold ETF (IAU) in assets under management.
โ๏ธBlackRock currently holds a whopping 447,280 BTC โ iShares.
Bitcoin taking the lead over gold? Times are changing! ๐
BlackRockโs spot Bitcoin ETF (IBIT) has now outpaced their Gold ETF (IAU) in assets under management.
โ๏ธBlackRock currently holds a whopping 447,280 BTC โ iShares.
Bitcoin taking the lead over gold? Times are changing! ๐
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Over the weekend, Bitcoin showed significant growth, soaring past the $80,000 mark without even slowing down. ๐
Another ATH was reached last night when Bitcoin hit $81,800.
But altcoins finally stopped lagging and began their rapid growth. Among the top 10, Dogecoin showed the best results (no surprise, as Elon Musk with his D.O.G.E. has been buzzing in everyone's ears), even surpassing XRP and unexpectedly catching up with Cardano, which is not far behind Doge in growth pace.
Itโs great to see such a green market! ๐๐ฅ
Another ATH was reached last night when Bitcoin hit $81,800.
But altcoins finally stopped lagging and began their rapid growth. Among the top 10, Dogecoin showed the best results (no surprise, as Elon Musk with his D.O.G.E. has been buzzing in everyone's ears), even surpassing XRP and unexpectedly catching up with Cardano, which is not far behind Doge in growth pace.
Itโs great to see such a green market! ๐๐ฅ
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From a fundamental perspective, Bitcoin does not show "signs of overheating" - Galaxy Digital. ๐
According to report, Bitcoin and other cryptocurrencies will trade "at levels significantly exceeding the historical maximum over the next 12-18 months!" ๐ฅ
According to report, Bitcoin and other cryptocurrencies will trade "at levels significantly exceeding the historical maximum over the next 12-18 months!" ๐ฅ
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๐ VanEck Predicts Bitcoin at $300k!
The CEO of VanEck has boldly stated that Bitcoin could reach $300,000. VanEck believes Bitcoin will become "digital gold" and a store of value.
๐ฃ What do you think about this? How long will it take for Bitcoin to reach $300k?
๐ โ Possible, but it will take a long time
๐ฅ โ Possible, but only after the next halving
๐ โ Already taking off; $300k by 2025
๐ค โ Bitcoin is overvalued and will never surpass $100k
The CEO of VanEck has boldly stated that Bitcoin could reach $300,000. VanEck believes Bitcoin will become "digital gold" and a store of value.
๐ฃ What do you think about this? How long will it take for Bitcoin to reach $300k?
๐ โ Possible, but it will take a long time
๐ฅ โ Possible, but only after the next halving
๐ โ Already taking off; $300k by 2025
๐ค โ Bitcoin is overvalued and will never surpass $100k
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Crypto soothsayer
๐ Hereโs how far some cryptocurrencies are from their previous all-time highs (time to catch up with Bitcoin!)
Update: Following Bitcoin's new ATH, SUI, GOAT, and MEW have also reached their all-time highs. ๐
The next top contenders are BNB, SOL, TAO, and PEPE.
ETH, JUP, WIF, and PENDLE are still over 50% away from their ATHs. โ๏ธ
The next top contenders are BNB, SOL, TAO, and PEPE.
ETH, JUP, WIF, and PENDLE are still over 50% away from their ATHs. โ๏ธ
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The Fear and Greed Index is at its highest level since March this year ๐
Historically, prolonged periods in the "Extreme Greed" zone (75-100) have often preceded Bitcoin corrections. ๐ค
In February 2021, the Fear and Greed Index hit a peak of 95, with Bitcoin rising to $64,000 by April, only to crash to $30,000 over the next three months.
Historically, prolonged periods in the "Extreme Greed" zone (75-100) have often preceded Bitcoin corrections. ๐ค
In February 2021, the Fear and Greed Index hit a peak of 95, with Bitcoin rising to $64,000 by April, only to crash to $30,000 over the next three months.
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๐ Bitcoin reached $83,000!
Over the past 24 hours, traders' positions worth $624 M have been liquidated (link).
Over the past 24 hours, traders' positions worth $624 M have been liquidated (link).
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User Loses $25M Due to Wrong Address! ๐
A crypto user mistakenly sent $25 million worth of Renzo restaked ether to the wrong address, locking the funds potentially forever. Instead of sending to their safe wallet, they accidentally transferred the funds to a safe module address, which they can't withdraw from without Renzoโs intervention. ๐คท
๐ Desperate to recover the funds, the user appealed to hackers and white hats on social media, offering a $2.5 million reward for assistance. However, experts suggest that the only solution may be if Renzo upgrades its contract with a rescue featureโa step they have yet to respond to. ๐ง
This incident is a stark reminder of the risks in crypto transactions, where even a small copy-paste error can lead to massive losses.
A crypto user mistakenly sent $25 million worth of Renzo restaked ether to the wrong address, locking the funds potentially forever. Instead of sending to their safe wallet, they accidentally transferred the funds to a safe module address, which they can't withdraw from without Renzoโs intervention. ๐คท
๐ Desperate to recover the funds, the user appealed to hackers and white hats on social media, offering a $2.5 million reward for assistance. However, experts suggest that the only solution may be if Renzo upgrades its contract with a rescue featureโa step they have yet to respond to. ๐ง
This incident is a stark reminder of the risks in crypto transactions, where even a small copy-paste error can lead to massive losses.
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๐ Crypto Market Cap Could Soar to $10 Trillion by 2026 with Trump Administration: Standard Chartered ๐
According to Standard Chartered, a Republican victory could usher in favorable regulations and policies, potentially pushing the crypto market cap to $10 trillion by 2026. ๐ฐ๐
They also maintains bullish targets, predicting Bitcoin at $200,000 and Ethereum at $10,000 by 2025. Solana is expected to outpace both. While a U.S. Bitcoin reserve is unlikely, it could be a game-changer if considered. ๐ค
According to Standard Chartered, a Republican victory could usher in favorable regulations and policies, potentially pushing the crypto market cap to $10 trillion by 2026. ๐ฐ๐
They also maintains bullish targets, predicting Bitcoin at $200,000 and Ethereum at $10,000 by 2025. Solana is expected to outpace both. While a U.S. Bitcoin reserve is unlikely, it could be a game-changer if considered. ๐ค
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๐ Onward to $85,000!
Bitcoin keeps soaring, unstoppable and wild! The latest push in BTCโs price surge was fueled by the stock market, with trading volume for BlackRockโs Bitcoin ETF hitting over $1 billion in just the first 35 minutes of the U.S. session. ๐ฐ
๐คฏ This โBitcoin maniaโ is sweeping across the American stock market, with Coinbase and MicroStrategy shares ranking among the top 5 in trading volume today, according to Eric Balchunas.
Bitcoin keeps soaring, unstoppable and wild! The latest push in BTCโs price surge was fueled by the stock market, with trading volume for BlackRockโs Bitcoin ETF hitting over $1 billion in just the first 35 minutes of the U.S. session. ๐ฐ
๐คฏ This โBitcoin maniaโ is sweeping across the American stock market, with Coinbase and MicroStrategy shares ranking among the top 5 in trading volume today, according to Eric Balchunas.
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๐ฅ Last night, Bitcoin calmly and steadily surpassed the $89,000 level, stopping just one step away from $90,000 (new ATH - $89,940 on Binance). ๐
BTC continues to run on the fuel of liquidated short positions. In the past 24 hours alone, shorts worth $434.44M were liquidated. ๐ช
Meanwhile, U.S. spot Bitcoin ETFs recorded a record trading volume of $7.3 billion yesterday, with a net inflow of $1.1 billion. ๐ฐ๐
BTC continues to run on the fuel of liquidated short positions. In the past 24 hours alone, shorts worth $434.44M were liquidated. ๐ช
Meanwhile, U.S. spot Bitcoin ETFs recorded a record trading volume of $7.3 billion yesterday, with a net inflow of $1.1 billion. ๐ฐ๐
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