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Bitcoin Galaxies

@bitcoingalaxies

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7 Followers
Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
Bitcoin Act of 2024 is Here! 💥 Big News: SenLummis has introduced the Bitcoin Act of 2024 in the US 🇺🇸 Congress. The plan? The US could buy 1,000,000 BTC over the next 5 years! ✅ This could be a huge step for $BTC adoption. 🚀
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
Data from Glassnode reveals that public companies now hold nearly 400,000 BTC. MicroStrategy, led by Michael Saylor, remains the largest corporate holder with over 252,000 BTC. This Strategic Bitcoin Reserve approach is expected to boost institutional investment in Bitcoin.
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
Bitcoin has hit a major milestone with its biggest weekly gain ever, rising by $11.6k in one week. This move is nearly five times bigger than usual weekly increases, showing strong bullish momentum. This rally highlights growing market optimism, with investors seeing upcoming regulations as a chance for more capital to enter the market.
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
BTC has surged above $90,000! 🚀 The Bitcoin network boasts over 1+ billion addresses, yet only 53-55 million are active with a non-zero balance. The true hodlers continue to show their unwavering support for the market!
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
USDT: Since November 6, Tether has turned on the printer and issued $5.9B on ERC20 alone, plus approximately $1B across other networks. Alright, demand drives supply.
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
ETH whales are waking up, with the daily count of large transactions surpassing 10,000—the highest level since August.
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
🚨 JUST IN: 🇺🇸 BlackRock’s BitcoinETF Breaks Records In just 212 days, BlackRock’s Bitcoin ETF reached $41.85 billion in assets. Yesterday, $IBIT bought 2,620 $BTC worth $230.10 million. This is now the most successful #ETF launch ever—a big step for Bitcoin and crypto. 🚀
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
🚨 JUST IN: Bitcoin Hits a New Milestone 🚀 Bitcoin has just surpassed Saudi Aramco, becoming the 7th most valuable asset in the world. Market Cap Comparison ➡️ Bitcoin $1.84 Trillion ➡️ SaudiAramco $1.797 Trillion BTC journey doesn’t stop here—it’s now closing in on the giants of the tech and finance world. Here’s what it would take for $BTC to flip the next biggest names: 🔹 Alphabet (Google) at $111,214 per BTC 🔹 Amazon at $111,972 per BTC 🔹 Microsoft at $158,732 per BTC 🔹 Apple at $170,662 per BTC 🔹 NVIDIA at $181,916 per BTC 🔹 GOLD at a whopping $883,646 per BTC
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
U.S. spot Bitcoin ETFs saw almost $8B worth of trading volume on Nov. 11 It marks the highest day of trade volume since mid-March, as per CoinGlass data.
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
Bitcoin open interest hits a new all-time high of $45.41 billion.
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
New Record for BlackRock’s Bitcoin ETF! 🚀 Within the first 20 minutes of trading, the volume surpassed $1 billion, a figure usually achieved over a full day. This highlights the strong demand for BlackRock's Bitcoin ETF.
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
The Bitcoin reserve has been in a steady downtrend since early 2024. This decline suggests that investors are consistently withdrawing BTC from exchanges, which often reduces selling pressure. Lower reserves typically indicate stronger long-term holding sentiment, as investors move their assets to cold storage or other off-exchange wallets, signaling confidence in Bitcoin's future price growth.
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
Solana recently experienced an unprecedented surge in on-chain transfer volume, reaching around $224 billion in a single day. That’s nearly 3x the total market cap of SOL (currently at $76B) moving within a 24-hour period! This significant spike highlights the growing adoption and liquidity on the Solana network, potentially marking a pivotal moment for $SOL and the broader crypto ecosystem. Keep an eye on Solana as it continues to demonstrate its scalability and utility.
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
RIPPLE High Timeframe analysis :- ➡️ XRP is currently consolidating sideways within a symmetrical triangle pattern. The slope of the 200 EMA is also flat, indicating further sideways movement in price. ➡️ The price has attempted to break the support multiple times but has failed. It is anticipated that the price will break out of the pattern to the upside, potentially reaching higher levels. ✅For a long entry, we should wait for the price to break above the pattern's resistance and for a candle to close above the $0.6639 level, as this would indicate strong bullish momentum. The key resistance and target level for the price will be $1.4065. ⚠️Conversely, if the price breaks down and a candle closes below the $0.4302 level, the trade setup will be considered invalidated.
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
Bitcoin overtakes Meta to become the top 9 asset by market capitalization
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
Cumulatively, since launch, US spot BTC 💰 ETFs have already accumulated over 1,000,000 BTC
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
Donald Trump’s Victory Speech Highlights: ▫️ Reducing National Debt: Trump emphasized a commitment to lowering the national debt, calling it a top priority. ▫️ Tax Reductions: He promised tax cuts aimed at reducing burdens on businesses, with the goal of spurring economic growth. ▫️ Ending Wars: Trump pledged to keep the U.S. out of prolonged conflicts and actively work towards peaceful resolutions worldwide. ▫️ Praise for Elon Musk: He acknowledged Elon Musk as a "super genius," commending his contributions to technological advancement. ▫️ Support for Cryptocurrency: Trump also expressed openness to supporting the cryptocurrency market, aiming to create favorable conditions for its growth.
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
Major Crypto Events This Week
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
October 2024 Major Crypto Incidents
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Bitcoin Galaxies pfp
Bitcoin Galaxies
@bitcoingalaxies
BTC Price Performance Around US Election Historical data shows Bitcoin doesn't really care who wins the White House. BTC consistently demonstrates significant volatility during election season. Look at the numbers: 2016 Sep-Jan: +60% 2020 Sep-Jan: +183% 2024 Sep-Jan: +25% (still counting...)
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