💥 Bitcoin Drops to $90K, $435M in LONGs Liquidated!
Bitcoin briefly plummeted to $90,000, causing $435,770,000 in liquidations within just an hour! (Source: Coinglass)
BTC has since rebounded to $95,000, but the correction seems far from over. Buckle up, crypto fam—it’s a bumpy ride! 🚀🎢
Bitcoin briefly plummeted to $90,000, causing $435,770,000 in liquidations within just an hour! (Source: Coinglass)
BTC has since rebounded to $95,000, but the correction seems far from over. Buckle up, crypto fam—it’s a bumpy ride! 🚀🎢
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💥 Bitcoin’s Wild Ride: From $104K to $90.5K and Back
On the night of Dec. 5-6, Bitcoin plunged over 13%, dropping from its ATH above $104K to $90.5K before bouncing back to $98K. 📉🚀
👀 Rachel Lucas from BTC Markets explained the crash as “leverage unwinding,” triggering stop-losses and forced liquidations. Retail traders overleveraged during the ATH, while whales strategically distributed their holdings. Liquidations spiked to $564M—the highest since June 2024.
🔎 Despite the volatility, market experts at the Emergence conference see no signs of the bull run ending, pointing to relatively low retail involvement compared to previous cycles.
Meanwhile, altcoins stayed calm, with top-10 assets showing modest declines.
On the night of Dec. 5-6, Bitcoin plunged over 13%, dropping from its ATH above $104K to $90.5K before bouncing back to $98K. 📉🚀
👀 Rachel Lucas from BTC Markets explained the crash as “leverage unwinding,” triggering stop-losses and forced liquidations. Retail traders overleveraged during the ATH, while whales strategically distributed their holdings. Liquidations spiked to $564M—the highest since June 2024.
🔎 Despite the volatility, market experts at the Emergence conference see no signs of the bull run ending, pointing to relatively low retail involvement compared to previous cycles.
Meanwhile, altcoins stayed calm, with top-10 assets showing modest declines.
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🚀 Trump Names David Sacks as Crypto Czar
Donald Trump has appointed venture capitalist David Sacks to spearhead policies on cryptocurrency and AI, creating a direct link between the White House and these rapidly evolving industries.
💡 Sacks’ Role:
▪️Develop a legal framework to support the crypto industry.
▪️Deregulate and provide clarity for digital assets.
▪️Guide AI adoption and regulation in the U.S.
💵 As a member of the "PayPal Mafia," Sacks is no stranger to innovation, and his ties to Elon Musk and expertise in venture funding signal big changes ahead.
The crypto industry is celebrating as Trump pledges to end “Gensler’s era of terror” and push for U.S. dominance in blockchain and AI. 🎉
Donald Trump has appointed venture capitalist David Sacks to spearhead policies on cryptocurrency and AI, creating a direct link between the White House and these rapidly evolving industries.
💡 Sacks’ Role:
▪️Develop a legal framework to support the crypto industry.
▪️Deregulate and provide clarity for digital assets.
▪️Guide AI adoption and regulation in the U.S.
💵 As a member of the "PayPal Mafia," Sacks is no stranger to innovation, and his ties to Elon Musk and expertise in venture funding signal big changes ahead.
The crypto industry is celebrating as Trump pledges to end “Gensler’s era of terror” and push for U.S. dominance in blockchain and AI. 🎉
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🐋 Whales know the game!
During BTC’s drop to $90,500 today, the "smart money" made their move: BlackRock and Marathon snapped up 7,750 BTC and 1,423 BTC, respectively.
While the market panics, the big players quietly build the foundation for the next rally. Take notes! 💡📈
During BTC’s drop to $90,500 today, the "smart money" made their move: BlackRock and Marathon snapped up 7,750 BTC and 1,423 BTC, respectively.
While the market panics, the big players quietly build the foundation for the next rally. Take notes! 💡📈
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🚨 Don't Sell Your BTC!
Ki Young Ju, CEO of CryptoQuant, advises against selling Bitcoin now that it has surpassed the significant psychological threshold of $100,000.
🕵️♂️ Additionally, CryptoQuant analysts report a substantial outflow of BTC from exchanges, indicating reduced selling pressure and a potential price increase.
Could $200,000 be on the horizon this cycle? Michael Saylor believes it could go even higher. 🚀
Ki Young Ju, CEO of CryptoQuant, advises against selling Bitcoin now that it has surpassed the significant psychological threshold of $100,000.
🕵️♂️ Additionally, CryptoQuant analysts report a substantial outflow of BTC from exchanges, indicating reduced selling pressure and a potential price increase.
Could $200,000 be on the horizon this cycle? Michael Saylor believes it could go even higher. 🚀
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Crypto soothsayer
🚨 Don't Sell Your BTC! Ki Young Ju, CEO of CryptoQuant, advises against selling Bitcoin now that it has surpassed the significant psychological threshold of $100,000. 🕵️♂️ Additionally, CryptoQuant analysts report a substantial outflow of BTC from exchanges…
🔨 Bitcoin miners have offloaded 85,503 BTC (approximately $8.4 billion) over the past 48 hours, marking the highest sell-off since February this year.
💵 This significant liquidation is likely due to miners needing to cover operational costs, such as electricity bills and loan repayments for mining equipment.
While holding onto Bitcoin is ideal, these financial obligations necessitate periodic selling to maintain operations. 👀
💵 This significant liquidation is likely due to miners needing to cover operational costs, such as electricity bills and loan repayments for mining equipment.
While holding onto Bitcoin is ideal, these financial obligations necessitate periodic selling to maintain operations. 👀
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Pavel Durov Questioned in Paris Court ⚖️
💎 Telegram founder Pavel Durov was questioned in Paris on Dec. 6 regarding allegations that Telegram facilitates illicit activities. This comes after his arrest in August, bail of $6 million, and a ban on leaving France until March 2025.
🇫🇷 French prosecutors accuse Telegram of enabling illegal transactions. If convicted, Durov could face up to 10 years in prison and a €500,000 fine. 🤷
Industry leaders warn this could set a troubling precedent for developers and privacy advocates worldwide. 🤔
💎 Telegram founder Pavel Durov was questioned in Paris on Dec. 6 regarding allegations that Telegram facilitates illicit activities. This comes after his arrest in August, bail of $6 million, and a ban on leaving France until March 2025.
🇫🇷 French prosecutors accuse Telegram of enabling illegal transactions. If convicted, Durov could face up to 10 years in prison and a €500,000 fine. 🤷
Industry leaders warn this could set a troubling precedent for developers and privacy advocates worldwide. 🤔
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🚀 Is Ethereum Heading to $15K?
🔎 Ethereum has broken through the $4,000 resistance, and analysts are already eyeing $15,000 by May 2025. They’re calling this phase an "impulse breakout," comparing it to the 2016-2017 rally. If things go as predicted, ETH's market cap could hit $1 trillion for the first time! 📈
🔥 Adding fuel to the fire, ETH spot ETFs are seeing massive inflows—over $1.3 billion since November, with BlackRock leading the charge. DeFi is booming too, with total value locked (TVL) on Ethereum hitting $77 billion. 💰
Could Ethereum become the market’s new champion? It looks like we’re just at the start of a “giga pump,” so stay tuned!
🔎 Ethereum has broken through the $4,000 resistance, and analysts are already eyeing $15,000 by May 2025. They’re calling this phase an "impulse breakout," comparing it to the 2016-2017 rally. If things go as predicted, ETH's market cap could hit $1 trillion for the first time! 📈
🔥 Adding fuel to the fire, ETH spot ETFs are seeing massive inflows—over $1.3 billion since November, with BlackRock leading the charge. DeFi is booming too, with total value locked (TVL) on Ethereum hitting $77 billion. 💰
Could Ethereum become the market’s new champion? It looks like we’re just at the start of a “giga pump,” so stay tuned!
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🎮 Lost the Game, Won the Fortune
Back in 2011, a Starcraft tournament handed out 25 BTC for 5-8th place. At the time, that was worth a whopping... $40. 🌭 Fast forward to today, and that same prize is now worth $2.5M. 🐋
One player who placed 6th later said: "I’m pretty sure I didn’t take the BTC. Maybe I asked for $40 or got nothing at all. Can’t remember, it was so long ago."
So, the question is: in 2011, would you have believed in BTC and taken the coins, or gone with the "safe" $40?
BTC — 🐋
Dollars — 🌭
Back in 2011, a Starcraft tournament handed out 25 BTC for 5-8th place. At the time, that was worth a whopping... $40. 🌭 Fast forward to today, and that same prize is now worth $2.5M. 🐋
One player who placed 6th later said: "I’m pretty sure I didn’t take the BTC. Maybe I asked for $40 or got nothing at all. Can’t remember, it was so long ago."
So, the question is: in 2011, would you have believed in BTC and taken the coins, or gone with the "safe" $40?
BTC — 🐋
Dollars — 🌭
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Amazon Shareholders Propose Bitcoin Reserve! 🔥
🌐 The National Center for Public Policy Research (NCPPR), representing Amazon shareholders, has suggested the tech giant's board explore converting at least 5% of its assets into Bitcoin. This proposal will be reviewed during Amazon’s 2025 annual shareholders' meeting.
Currently, Amazon holds $88 billion in cash, equivalents, and securities, which the NCPPR claims yield returns below inflation. They argue this insufficiently protects shareholder capital. 💰
⬆️ Highlighting MicroStrategy’s success, which outperformed Amazon stocks by 537% in 2023, the NCPPR attributes this to MicroStrategy’s Bitcoin holdings. They also note Bitcoin ETFs by BlackRock and Fidelity, two of Amazon’s major institutional investors, as evidence of increasing institutional crypto adoption.
Will Amazon embrace Bitcoin for greater shareholder value? 📈
🌐 The National Center for Public Policy Research (NCPPR), representing Amazon shareholders, has suggested the tech giant's board explore converting at least 5% of its assets into Bitcoin. This proposal will be reviewed during Amazon’s 2025 annual shareholders' meeting.
Currently, Amazon holds $88 billion in cash, equivalents, and securities, which the NCPPR claims yield returns below inflation. They argue this insufficiently protects shareholder capital. 💰
⬆️ Highlighting MicroStrategy’s success, which outperformed Amazon stocks by 537% in 2023, the NCPPR attributes this to MicroStrategy’s Bitcoin holdings. They also note Bitcoin ETFs by BlackRock and Fidelity, two of Amazon’s major institutional investors, as evidence of increasing institutional crypto adoption.
Will Amazon embrace Bitcoin for greater shareholder value? 📈
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🚀 Bitcoin Hits $2 Trillion – What’s Next?
River analysts raise the big question: what’s next for Bitcoin? after reaching a $2 trillion market cap (at $100,000 per coin)?
With silver now left behind and Nvidia ($3.5 trillion) on the horizon, Bitcoin’s journey toward gold’s $17 trillion valuation suggests a massive potential for growth. Could this mean $1 million per Bitcoin in the future? 💰🌟
The digital gold narrative just got more ambitious. 💎📈
River analysts raise the big question: what’s next for Bitcoin? after reaching a $2 trillion market cap (at $100,000 per coin)?
With silver now left behind and Nvidia ($3.5 trillion) on the horizon, Bitcoin’s journey toward gold’s $17 trillion valuation suggests a massive potential for growth. Could this mean $1 million per Bitcoin in the future? 💰🌟
The digital gold narrative just got more ambitious. 💎📈
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💎 A $1,000,000 Rock? Why Not!
On Saturday, someone dropped 235 ETH (~$942k) on EtherRock 19 🪨. Yes, you read that right—a digital rock! 🙀
Looks like the NFT bull run took a rocky detour! 😁
Would you buy one, or are you saving up for a real pet rock? 👀
On Saturday, someone dropped 235 ETH (~$942k) on EtherRock 19 🪨. Yes, you read that right—a digital rock! 🙀
Looks like the NFT bull run took a rocky detour! 😁
Would you buy one, or are you saving up for a real pet rock? 👀
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🎭 Scam, Long, and Profit… Thrice Over!
🕵️♂️ Web3 detective ZachXBT revealed that after hacking Radiant, some crafty actors started longing $ETH from multiple wallets, raking in over $600K.
Here’s the twist: they used Hyperliquid for their trades—right after cashing in on its recent airdrop!
Hack, long, claim airdrop… sounds like a Web3 fairytale gone wild. 😁👏 Who needs honesty when you’ve got efficiency?
🕵️♂️ Web3 detective ZachXBT revealed that after hacking Radiant, some crafty actors started longing $ETH from multiple wallets, raking in over $600K.
Here’s the twist: they used Hyperliquid for their trades—right after cashing in on its recent airdrop!
Hack, long, claim airdrop… sounds like a Web3 fairytale gone wild. 😁👏 Who needs honesty when you’ve got efficiency?
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📈 MicroStrategy’s Bitcoin Obsession Continues!
While Bitcoin flirts with the $100K mark, Michael Saylor’s MicroStrategy shows no signs of slowing down. The company just announced the purchase of 21,500 BTC for $2.1B at an average price of $98,783 per coin. 💰
This brings MicroStrategy’s total holdings to a staggering 423,650 BTC (worth $41.6B), acquired at an average price of $60,324. 💵
Saylor’s strategy? HODL harder. 🚀🔥 Will this bold move pay off, or is it the ultimate diamond-handed gamble? 💎🤔
While Bitcoin flirts with the $100K mark, Michael Saylor’s MicroStrategy shows no signs of slowing down. The company just announced the purchase of 21,500 BTC for $2.1B at an average price of $98,783 per coin. 💰
This brings MicroStrategy’s total holdings to a staggering 423,650 BTC (worth $41.6B), acquired at an average price of $60,324. 💵
Saylor’s strategy? HODL harder. 🚀🔥 Will this bold move pay off, or is it the ultimate diamond-handed gamble? 💎🤔
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Crypto soothsayer
NBA legend Scottie Pippen claimed that during the night, he was visited in a dream by Satoshi Nakamoto, who said that on November 5, 2024, Bitcoin would reach $84,650. 😁 Do we believe it?
🏀 Scottie Pippen's Bitcoin Dream Strikes Again!
🏆 Six-time NBA champion Scottie Pippen claims that Satoshi Nakamoto visited him in another dream—this time foreseeing Amazon and Microsoft buying Bitcoin! 😳
Back in September, Pippen dreamt of Bitcoin hitting $84,650 in November, and guess what? It came true. Is the Hall of Famer now a crypto oracle? 🤔
Who's ready to bet on Scottie's next vision? 🚀💤
🏆 Six-time NBA champion Scottie Pippen claims that Satoshi Nakamoto visited him in another dream—this time foreseeing Amazon and Microsoft buying Bitcoin! 😳
Back in September, Pippen dreamt of Bitcoin hitting $84,650 in November, and guess what? It came true. Is the Hall of Famer now a crypto oracle? 🤔
Who's ready to bet on Scottie's next vision? 🚀💤
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📈 XRP on the Rise? 🚀
🔎 Analysts suggest XRP could hit $4.4 soon, with the chart showing three bullish pennants in a row. But first, it needs to retest $2.25 (current price: $2.38) before the path upward clears. 👀
💡 For dreamers, there’s even a wild prediction:
▪️Conservative target: $8.4
▪️Best-case scenario: a moonshot to $48.12 🤑
Is XRP gearing up for liftoff? 🌕
🔎 Analysts suggest XRP could hit $4.4 soon, with the chart showing three bullish pennants in a row. But first, it needs to retest $2.25 (current price: $2.38) before the path upward clears. 👀
💡 For dreamers, there’s even a wild prediction:
▪️Conservative target: $8.4
▪️Best-case scenario: a moonshot to $48.12 🤑
Is XRP gearing up for liftoff? 🌕
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💥 Bitcoin Rollercoaster Wipes Out $56M
Within just an hour, Bitcoin surged past $100,000 only to crash below $98,000—a wild ride that left traders reeling.
During the chaos, over $56 million in positions were liquidated, mostly from over-leveraged Bitcoin longs.
🚀📉 High stakes, high risks—welcome to the crypto thrill ride! 🎢
Within just an hour, Bitcoin surged past $100,000 only to crash below $98,000—a wild ride that left traders reeling.
During the chaos, over $56 million in positions were liquidated, mostly from over-leveraged Bitcoin longs.
🚀📉 High stakes, high risks—welcome to the crypto thrill ride! 🎢
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💥 Crypto Market Wipeout: $1.7B Liquidated!
In the last 24 hours, a staggering $1.7 billion in liquidations hit crypto exchanges, with $1.14 billion occurring in just 4 hours. Over 565,000 traders were liquidated, most holding long positions on altcoins.
📉 Bitcoin briefly dropped to $94,000, while many major cryptocurrencies nosedived over 20%.
🚨 The largest single liquidation? A $19.69M ETHUSDT position on Binance.
Trading in crypto? Brace yourself—it's not for the faint-hearted. 😬💸 Data: Coinglass.
In the last 24 hours, a staggering $1.7 billion in liquidations hit crypto exchanges, with $1.14 billion occurring in just 4 hours. Over 565,000 traders were liquidated, most holding long positions on altcoins.
📉 Bitcoin briefly dropped to $94,000, while many major cryptocurrencies nosedived over 20%.
🚨 The largest single liquidation? A $19.69M ETHUSDT position on Binance.
Trading in crypto? Brace yourself—it's not for the faint-hearted. 😬💸 Data: Coinglass.
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