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$87,000 Bitcoin

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🤨 "Bitcoin mania" is taking over the US stock market... Coinbase and MicroStrategy shares are in the TOP-5 by popularity (trading volume) today – Eric Balchunas

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📈 Bitcoin has reached $84,000 — in the last day, traders' positions have been liquidated by $617,000,000.

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🔞 FAIL: Investor lost $25,000,000 by sending money to the wrong address...

The only way to get everything back is to update the Renzo contract (#REZ), since the user transferred assets to the ezETH Safe module, effectively blocking the tokens.

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🔞 SHORT positions worth 300,000,000$ liquidated in 24 hours (coinglass)

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Key upcoming events in November!

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#inside?
💅 Dennis Porter: State senators consider the idea of including Bitcoin in the US strategic reserve to be inevitable.

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🇺🇸 The new US president may allow J. Powell to remain as head of the #Fed until the end of his term (May 2026) – Donald Trump's adviser

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#doge
🤑 Elon Musk is $20,000,000,000+ richer thanks to Donald Trump's victory – original

The billionaire's fortune has increased by 7.5% in just one day (Tesla shares are up), as he is one of the main supporters of the future US president.

+ The US stock market has grown by $1,280,000,000,000 yesterday, as Donald Trump promises to cut corporate taxes.

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Cryptoz

#fed #opinion
🎯 With a probability of 98.9%, the Fed rate will be cut by 25 bp today.

The Fed may revise its monetary policy at the December meeting (it will not cut the rate), when the chairmen fully understand Donald Trump's economic plans - marketwatch

❗️The Fed meeting will take place today

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#opinion #xrp
🥳 Elizabeth Warren and Gary Gensler's time of repression is over - Brad Garlinghouse

Ripple CEO congratulates Donald Trump on his victory + suggests doing the following in the first 100 days after inauguration:

- Fire Gary Gensler on day one.
- Appoint Giancarlo, Brooks or Gallagher to replace him - they would do a significant part in restoring the rule of law (and reputation) at the SEC.
- Help Republicans push the Digital Asset Market Structure Bill through the Senate.
- Provide some clarity...like XRP and BTC, ETH is not a security.

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#opinion #frs
🤔 QCP Capital: Donald Trump's victory reduces the likelihood of further easing of the Fed's monetary policy due to the more aggressive fiscal policy of the Republicans.

But for now, markets still expect the Fed to cut the rate twice this year.

+ Bitcoin has always updated its historical maximum and continued to grow after the US presidential elections.

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☺️ Donald Trump promised to reduce the US national debt, lower taxes in the country and end all wars. He also praised Elon Musk for a long time and called him a "super genius".

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⚡️ Donald Trump declared himself the 47th President of the United States - Live

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😳 Arkham: "walletmobile" has bet almost another $10,000,000 on Donald Trump winning today's US election!

Today: $2.8m

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#inside
😯 Washington Post: Donald Trump may appoint cryptocurrency adherents to head “key federal financial agencies” (SEC, CFTC, etc.)

“The new White House administration is studying personnel (choosing) that will help fulfill the next president’s campaign promise to turn the United States into the crypto capital of the world.”

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#opinion
👀 Bitcoin is a "bubble", its growth is only due to Donald Trump's victory (not fundamentals) - Peter Schiff

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#opinion
🚀 The total market capitalization of the crypto market may grow to $10,000,000,000,000 by 2026 - Standard Chartered forecast

Reason: Donald Trump's victory in the presidential election. Republicans will bring regulatory clarity and will be positive for the crypto industry.

+ Analysts confirmed their forecast for the end of 2025 - BTC for $200,000 and ETH for $10,000.

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#onchain
🤔 40,000 BTC ($3.2 billion) withdrawn from crypto exchanges in the last week – Glassnode

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💸 BTC hits new ATH at 80,000$

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🔝Best blockchains of 2024 by number of transactions.

Leader - Solana (more than 10 billion). Next are Near, Tron and Sui.

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🤔 Former Binance (CZ) CEO Calls for Smart Risk Management Given Bitcoin's All-Time Highs

'Don't Put All Your Eggs in One Basket'

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🇨🇳 Bloomberg: Investors expect the Chinese government to announce additional fiscal stimulus worth $1,400,000,000,000+ tomorrow – Chinese stocks are rising (CSI 300 +3%).

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#opinion
🚀 Bitcoin may grow to $100,000 in the coming months – Matrixport

Optimistic investor sentiment is driven by Donald Trump's victory in the presidential election – hopes for Gary Gensler's dismissal + expectations of BTC's introduction as a strategic reserve asset for the Fed.

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🙄 Twitter is starting to "extinguish" famous personalities from the crypto industry who supported Kamala Harris and donated millions of $$$ to her election campaign...

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🫢 "Donald Trump plans to get revenge on some people by becoming president" - Politico

On his blacklist: Joe Biden, Kamala Harris, Barack Obama, Hillary Clinton, Nancy Pelosi and many more...

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#trx
🐲 Justin Sun congratulated Donald Trump on his election victory and expressed hope for a “friendly crypto policy”

“This could make America an even greater country”

He also wrote about his readiness to hire Gary Gensler (Trump promised to fire him).

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😰 Another all-time high in open interest in Bitcoin futures! Most are in LONG positions…(coinglass)

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❗️ Donald Trump may regain the White House – RealClearPolitics

Voters are still favoring Republicans in most US states.

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🇺🇸 US Macro Data:

▪️ ISM Non-Manufacturing Purchasing Managers Index (Oct)

ACTUAL: 56.0
FORECAST: 53.8
PREV: 54.9

▪️ ISM Non-Manufacturing PMI (Oct)

ACTUAL: 57.2
PREV: 59.9

▪️ ISM Non-Manufacturing Employment (Oct)

ACTUAL: 53.0
FORECAST: 48.0
PREV: 48.1

▪️ ISM Non-Manufacturing Price Index (Oct)

ACTUAL: 58.1
FORECAST: 58.0
PREV: 59.4

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