📝 #ETH Ethereum Foundation publishes 2024 report: 99.45% of the $788.7 million asset reserve is ETH.
@CryptoWorldNews
🇺🇸🍿 So far, 281 pro-crypto candidates have won seats in Congress, with 263 elected to the House of Representatives and 18 to the Senate. news.bitcoin
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🔫 WonderFi CEO kidnapped in Toronto and released after paying a ransom. cointelegraph.com
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🥳👀 #BTC #SOL Solan climbs above $200, Bitcoin hits new high amid extended post-election rally theblock.com
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🎢🤔 Ali Martinez: Altseason hasn’t even begun!
We’re in that part of the cycle where #BTC is still outpacing #ETH—totally normal at this stage. This could be the ideal time to stack up on altcoins, as history shows that altseason often follows shortly after.
@CryptoWorldNews
🥳👀 #BTC Jack Dorsey's Square intends to increase investment in Bitcoin mining and shut down decentralized web enterprise 'Web5' coindesk.com
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📈🤔 #BTC Alphractal: 99.99% of Bitcoin addresses are currently in profit, a level that typically lasts no more than two days before corrections. Historically, high profit percentages signal local tops, suggesting it may be time to consider partial selling.
@CryptoWorldNews
📈👀 #BTC approached the $77K mark following a second consecutive FOMC meeting that led to a rate cut. Markets continue to rally, with discussions now focusing on the potential for BTC to reach six-figure valuations.
@CryptoWorldNews
🔥 JUST IN : VANECK ~ “We have a model that assumes that by 2050 #Bitcoin💰 becomes a reserve asset that is held by central banks at a 2% weight.
In that model we arrive at a $3M price target for Bitcoin.” 🤯
@CryptoWorldNews
📊👀 #BTC IntoTheBlock: The number of short-term Bitcoin holders is increasing rapidly.
This pattern is often seen in bull markets, as new participants join in response to rising prices.
@CryptoWorldNews
✅ #SKY #MKR Nearly 80% of the vote was in favor of keeping the "Sky" brand intact.
@CryptoWorldNews
🗽👀 Detroit will begin accepting cryptocurrency to pay taxes and fees next year. theblock
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🇺🇸🗣 Key Takeaways from Jerome Powell’s FOMC Meeting:
▫️ US Economic Strength: Powell emphasized the economy's resilience as the basis for current Fed actions.
▫️ Inflation Decline: Inflation has eased but is not yet at the 2% target; the Fed remains confident it will continue to decrease.
▫️ Stable Labor Market: The labor market, typically inflationary, is not currently adding inflationary pressure, with high employment levels not driving price increases.
▫️ Core Inflation Still High: Core inflation (excluding energy and food) remains elevated, necessitating the Fed’s restrictive monetary stance.
▫️ Election Impact: Upcoming elections will not affect the Fed’s short-term policy, which is focused on economic data over politics.
▫️ Uncertain Long-Term Forecasts: Powell stressed the uncertainty in long-term projections, with potential changes due to external factors.
@CryptoWorldNews
📈🤔 #ETH IntoTheBlock: High fees on Ethereum previously held back derivatives' growth, but with the popularity of Layer-2s, costs have dropped significantly.
This shift has fueled a surge in derivatives protocols, driving impressive growth in the space since the start of the year.
@CryptoWorldNews
📝 #ETH Ethereum Foundation publishes 2024 report: 99.45% of the $788.7 million asset reserve is ETH.
@CryptoWorldNews
🇺🇸🍿 So far, 281 pro-crypto candidates have won seats in Congress, with 263 elected to the House of Representatives and 18 to the Senate. news.bitcoin
@CryptoWorldNews
🔫 WonderFi CEO kidnapped in Toronto and released after paying a ransom. cointelegraph.com
@CryptoWorldNews
🥳👀 #BTC #SOL Solan climbs above $200, Bitcoin hits new high amid extended post-election rally theblock.com
@CryptoWorldNews
🎢🤔 Ali Martinez: Altseason hasn’t even begun!
We’re in that part of the cycle where #BTC is still outpacing #ETH—totally normal at this stage. This could be the ideal time to stack up on altcoins, as history shows that altseason often follows shortly after.
@CryptoWorldNews
🥳👀 #BTC Jack Dorsey's Square intends to increase investment in Bitcoin mining and shut down decentralized web enterprise 'Web5' coindesk.com
@CryptoWorldNews
📈🤔 #BTC Alphractal: 99.99% of Bitcoin addresses are currently in profit, a level that typically lasts no more than two days before corrections. Historically, high profit percentages signal local tops, suggesting it may be time to consider partial selling.
@CryptoWorldNews
📈👀 #BTC approached the $77K mark following a second consecutive FOMC meeting that led to a rate cut. Markets continue to rally, with discussions now focusing on the potential for BTC to reach six-figure valuations.
@CryptoWorldNews
📊👀 #BTC IntoTheBlock: The number of short-term Bitcoin holders is increasing rapidly.
This pattern is often seen in bull markets, as new participants join in response to rising prices.
@CryptoWorldNews
✅ #SKY #MKR Nearly 80% of the vote was in favor of keeping the "Sky" brand intact.
@CryptoWorldNews
🗽👀 Detroit will begin accepting cryptocurrency to pay taxes and fees next year. theblock
@CryptoWorldNews
🇺🇸🗣 Key Takeaways from Jerome Powell’s FOMC Meeting:
▫️ US Economic Strength: Powell emphasized the economy's resilience as the basis for current Fed actions.
▫️ Inflation Decline: Inflation has eased but is not yet at the 2% target; the Fed remains confident it will continue to decrease.
▫️ Stable Labor Market: The labor market, typically inflationary, is not currently adding inflationary pressure, with high employment levels not driving price increases.
▫️ Core Inflation Still High: Core inflation (excluding energy and food) remains elevated, necessitating the Fed’s restrictive monetary stance.
▫️ Election Impact: Upcoming elections will not affect the Fed’s short-term policy, which is focused on economic data over politics.
▫️ Uncertain Long-Term Forecasts: Powell stressed the uncertainty in long-term projections, with potential changes due to external factors.
@CryptoWorldNews
📈🤔 #ETH IntoTheBlock: High fees on Ethereum previously held back derivatives' growth, but with the popularity of Layer-2s, costs have dropped significantly.
This shift has fueled a surge in derivatives protocols, driving impressive growth in the space since the start of the year.
@CryptoWorldNews
🔎📊 Top altcoins with the highest correlation with #BTC over the last 30 days
When we analyze the 10 sub-coins in the correlation matrix, we see that #DOGE has a very high positive correlation with Bitcoin at 0.92. As Bitcoin rises, so does DOGE.
@CryptoWorldNews