masoud 🎩 🔵 🐹

@masoudn

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Bitcoin ETFs record $1 billion in Inflows as BTC Surpasses $99K Spot Bitcoin exchange-traded funds in the United States saw a significant surge in inflows on Nov. 21, as Bitcoin inches closer to breaking the $100K barrier. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $1 billion in inflows on Thursday, extending their inflow streak to four days, which netted over $2.8 billion in total inflows during this period. Notably, the inflows seen on Nov. 21 were the highest in the last eight trading days, surpassing the $1.11 billion recorded on Nov. 11.

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Check if your FID has a $Social token airdrop to claim, Frame by @jhonc.eth

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Check your $DEGEN Stats. Frame by @nikolaiii 🚀

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I joined Farcaster on 1st February 2024 which was 9 months, 19 days ago. Since then, 71.1 percent of users have joined after me frame by @cashlessman.eth

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Ⓜ️oxie total allowance rank frame by @degenfans

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Tesla CEO and the world’s richest man, Elon Musk, could get a deferment on potentially billions of dollars worth of federal taxes if he begins working for the United States government under President-elect Donald Trump. Trump announced on Nov. 12 that Musk and Vivek Ramaswamy — a Republican rival-turned-ally — would be heading the ‘Department of Government Efficiency,’ or DOGE, once he took the oath of office on Jan. 20. The president-elect claimed that Musk — worth roughly $300 billion — and Ramaswamy would help “cut wasteful expenditures” in the federal budget. Despite the name, only an act of Congress can establish a new government department, suggesting that DOGE may operate as more of an advisory commission. However, Republicans will hold a majority in the Senate and House of Representatives starting in 2025, meaning they could seemingly pass legislation creating a new department if desired. Related: Dogecoin inv

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In a significant challenge to the US Securities and Exchange Commission (SEC) and its regulatory approach toward the crypto industry, 18 states have filed a lawsuit against the agency and its commissioners on Thursday. SEC Accused Of ‘Unfair Persecution’ Of The Crypto Sector FOX journalist Eleanor Terret reported that this legal action accuses the SEC of “unconstitutional overreach” and “unfair persecution” of the crypto sector, particularly under the leadership of Chair Gary Gensler. The lawsuit, spearheaded by 18 Republican Attorneys General, highlights what they describe as “gross government overreach” in the SEC’s enforcement-driven regulation of the $3 trillion crypto market. The states argue that these actions infringe upon their rights to regulate their own economies, asserting that the SEC has failed to respect existing regulatory frameworks for financial institutions dealing with digital assets.

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Oh, look! Only 1 week ago I discovered $FOMO by TOCD Studio(@tocd) and now they are listed on Coingecko. Guess where the price of $FOMO token will go? Did you earn $FOMO points for potential airdrop? Share this cast and receive 30,000 $FOMO Tip allowance $FOMO to every wallet. $FOMO to $1

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Today in crypto, Bitcoin price crosses $85,000 boosted by investors’ sentiment, FTX bankruptcy estate filed a $1.8 billion lawsuit against Binance and CryptoQuant boss Ki Young Ju thinks Bitcoin could end 2024 under $59,000 despite it hitting new highs. Bitcoin hits new $85K high, with just 17% left for BTC $100K record Bitcoin recently surged to an all-time high of $85,000, placing it within 17% of the $100,000 milestone. Analysts attribute this rally to favorable market dynamics, including heightened volatility in derivatives and significant inflows into spot Bitcoin ETFs. These conditions, combined with optimism around potential regulatory support, could push Bitcoin past $100,000 by the end of 2024. Market participants remain optimistic, viewing the recent trends as a sign of growing institutional interest and confidence in the crypto space.

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Check Your User Stats. Frame by @nikolaiii 🚀

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Blockchain technology has momentum. Bitcoin and Ethereum ETFs have catalyzed mainstream entry into the crypto investment space. Meanwhile, DeFi and other decentralized projects continue to grow their users and assets. Regulators in many jurisdictions appear to be looking for ways to work with the technology, rather than against it. This all boils down to an unprecedented moment of opportunity for those developing projects based on blockchain technology

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Cointelegraph $ Christopher Roark CHRISTOPHER ROARK 25 MINUTES AGO Trump victory: US crypto industry anticipates clarity, success Donald Trump is projected to win the US presidential election, promising to promote crypto in America. Former United States President Donald Trump is projected to win the Nov. 5 United States presidential election. Several outlets, including The Hill and Decision Desk HQ, have called the election for Donald Trump after the Republican candidate and former president secured the important swing states of North Carolina and Georgia — both of which he lost in 2020. The New York Times projects Trump will receive 306 electoral college votes, with a greater than 95% chance of victory. CNN has Trump “on the brink of victory” as the former president and likely president-elect gave a speech to supporters in Florida.

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Check your $DEGEN Stats. Frame by @nikolaiii 🚀

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Bitcoin price volatility expected ahead of US elections: Here are the price levels to watch Bitcoin struggles to reclaim $70,000 ahead of the US election, but analysts agree that volatility will be present before and after the election result is announced. rice witnessed a sharp 8% correction between Oct. 29 and Nov. 3 and briefly dropped to $67,446 over the weekend. While the higher time frame (HTF) market structure remains bullish for BTC, the market expects a volatile trading session heading into the US presidential election results on Nov. 5. Bitcoin’s current uptrend can be traced back to the lows formed at $52,510 on Sept. 6. Since then, each BTC correction during its higher high (HH) and higher low (HL) structure has retested the Fibonacci “golden zone” between 0.5 and 0.618.

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The post Top Reason Behind MicroStrategy’s Bitcoin Success Revealed By Michael Saylor appeared first on Coinpedia Fintech News Michael Saylor, a prominent Bitcoin advocate and founder of MicroStrategy, recently revealed the company’s core principles for Bitcoin investment. In a tweet, Saylor shared the vision behind MicroStrategy’s exclusive commitment to Bitcoin, outlining nine principles that guide the company’s strategy to maximize value and promote Bitcoin’s role as a global reserve asset. MicroStrategy’s Core Strategy At the heart of MicroStrategy’s approach is its commitment to “buy and hold BTC indefinitely,” making Bitcoin an essential asset in the company’s portfolio. This “buy and hold” principle highlights MicroStrategy’s long-term confidence in Bitcoin, aiming to keep BTC at the center of its strategy regardless of market ups and downs.

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Crypto volatility may spike if US election is ‘too close to call’ —FalconX An analyst warns that “volatility” could emerge if the US election results are close, but traders will be relieved once it's over, giving the market “firmer ground.” While many crypto traders are trying to speculate the market’s direction based on the outcome of the upcoming United States election, one analyst warns that a close showdown between the presidential candidates could also trigger some unexpected volatility. “Additional volatility, however, could emerge if results are too close to call and it takes too much time to reach an outcome,” FalconX head of research David Lawant opined in a Nov. 1 market report.

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Ignoring blockchain may cost politicians at the polls — Digital Chamber CEO As US elections approach, crypto advocates warn that opposing blockchain could be as shortsighted as resisting the internet in the 90s, potentially costing politicians key support. Blockchain proponents argue that being anti-crypto is akin to being anti-internet in the 1990s, meaning against technology that will disrupt the world regardless of whether politicians support it. In the 2024 United States presidential election, being hostile to the blockchain industry is becoming increasingly expensive in terms of voting, according to Perianne Boring, founder and CEO of advocacy group The Digital Chamber.

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Check your $DEGEN Stats. Frame by @nikolaiii 🚀

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Consensys Cuts 20% Workforce, Blames SEC’s ‘Abuse Of Power’ The main supporter of the Ethereum network has been in an ongoing battle with the Securities and Exchange Commission who most recently alleged the company of operating as an unregistered broker. By Helene Braun

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