Amir 🐹

@amirnoohi

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1820 Followers

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Arkansas lawmakers proposed Senate Bill 60 to ban crypto mining within 30 miles of military sites, citing national security and environmental concerns, per report.

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DeFiLlama reports stablecoin issuers dominate fee revenue, with Tether leading, followed by Circle ($33.33M) and Ethereum ($30.33M)

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Tether is expanding into artificial intelligence with a focus on filmmaking, supported by a $775 million investment in Rumble and adjustments to its operations and hiring to align with AI advancements.

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📈 The market capitalization of the stablecoin USDT has surpassed $130 billion

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According to Bloomberg, Singapore issued 13 crypto licenses in 2024, surpassing Hong Kong's 7 approvals and solidifying its position as a leading digital assets hub.

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CryptoQuant indicates that Bitcoin demand is growing at a record rate, outpacing supply and causing available inventory to shrink significantly

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RECENTLY: Analyst Michaël van de Poppe predicts Bitcoin could reach $500,000 this cycle, citing potential future gains and current market conditions.

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JUST IN: BlackRock recommends limiting Bitcoin allocations to 2% to balance potential rewards with risks from volatility and regulatory uncertainty !!!!

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ANALYSIS: CoinShares reports a record $3.85 billion in weekly inflows into crypto investment products, bringing total year-to-date inflows to $41 billion and assets under management to $165 billion.

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🪙 BTC momentarily dropped to $90,000 per coin, resulting in the liquidation of $427,760,000 in LONG positions in just 1 hour! Over the past 24 hours, $810,000,000+ in LONG positions have been liquidated. All liquidity up to $90,000 has been collected, which means there’s no need to return to that level, and the market can now move upward 🕯

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ANALYSIS: Cardano's DeFi ecosystem has surged, with total value locked (TVL) nearing $800 million, up from $50 million in November 2022.

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🪙 Ethereum (ETH) Price Update: November 19, 2024 Ethereum is currently trading at $3,105.32, showing a 1.1% increase in the past 24 hours but a 5.79% decline over the past week. Over the last month, ETH has risen by over 17%, supported by ecosystem developments and growing institutional interest 🥔 ⚔️ The upcoming “Dencun” upgrade, including Proto-Danksharding (EIP-4844), aims to enhance scalability and reduce transaction costs. Meanwhile, the launch of spot Ethereum ETFs has boosted access for traditional investors, driving long-term demand . ☺️ Short-term projections place Ethereum’s price between $3,150 and $3,250, though market volatility remains a key factor .

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📊 The Fear and Greed Index has reached a value of 94 (extreme greed), the highest level since February 2021. This occurred as Bitcoin hit a new all-time high (ATH) of $99,300.

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🔼 Users of the decentralized betting platform Polymarket are almost certain that Bitcoin will hit the $100,000 level in 2024. The probability of this happening is estimated at 94%. BTC is currently priced at $99.2K. It looks like we might hit $100K as early as soon👀

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❌ If the German government had held onto its Bitcoins until today, it would have made almost $2 billion more. As a reminder, they sold 50,000 BTC at $58,000 each.

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🔼 Bitcoin Hits a New All-Time High Above $93,000, Then Retraces to $92,000 📉 Altcoins Lag Behind Many top-100 assets have seen price drops. Leading the decliners are: - HBAR: -20% - KAS: -11% - ENA: -8% 📈 Meanwhile, some coins are on the rise: - BONK: +9% - CRO: +7% - LEO: +6% Fear & Greed Index is at 83 — signaling extreme greed. Recently, it reached a peak of 90.

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⚠️ CFTC has issued a notice clearing the way for spot Bitcoin ETF options to be listed

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💵 Tether has issued another 2 billion USDT on the Ethereum and Tron networks. In the last 8 days alone, Tether has issued a total of 8 billion USDT

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📊 Highlights from the Weekend's Top 10: ▫️ Solana's market cap reached $100 billion; ▫️ Dogecoin moved USDC out of the sixth spot in the rankings; ▫️ Cardano and SHIBA returned to the top 10, taking the 9th and 10th spots respectively, with TRON and TON yielding these positions to them.

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📊 It’s reported online that 215 crypto supporters were elected to the U.S. House of Representatives, versus 105 opponents. In the Senate, 14 crypto advocates were elected, compared to 9 critics of digital assets.

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