MicroStrategy announced the purchase of an additional 27,200 bitcoins valued at approximately $2 billion 🥇

Saylor continues to be active buyer despite ATH prices 🕕

Global crypto market capitalization is now above $3 trillion, approaching the ATH from 2021 📈

🤑 Bitcoin — $85,225

🤑 Ethereum —$3,319

🤑 Dogecoin — $0.32

Bitcoin is very close to climb above $90k, $89,500 for now 👀

Will we see $100,000 this month?

Yes — 🐳

No — 🫡

✅ Bitcoin price nears $90k as $580 million in futures positions gets liquidated from the market 📈

Daily Digest:

🔸 Tether minted 2 billion USDT

🔸 After over 24 years, MicroStrategy stock has hit a new all-time high 🧪

🔸 Coinbase stock pumped past $300 for the first time since 2021

🔸 Former Alameda Research co-CEO gives up his yacht and apartments in the settlement with Bankruptcy Court

🔸 MicroStrategy buys another 27,200 BTC for $2 billion 🛒

🔸 Ethereum developer Paul Berg published an EIP-7809
proposal for native tokens

🔸 Trader lost $25 million after sending funds to the wrong address

🔹 Prices:

🥇 Bitcoin - $88,690 (↑10.3%) (🔼NEW ATH)
✨ Ethereum - $3,364 (↑5.5%)
🧪 S&P 500 - 6,001 (↑0.10%) (🔼NEW ATH)
🕗 DXY - 105.52 (↑0.50%)
🌉 Gold - 2,623 (↑0.14%)

Only a week ago, it seemed so far away 😇

Top 7 token unlocks for this week 🔒

The total value of tokens unlocked this week will exceed $280 million, Aptos $APT leads the list by in terms of unlocked value, but that doesn't stop the coin from rallying 50% in a week 👇

• Aptos (APT) — $127.7M
• Arbitrum (ARB) — $58.83M
• StarkNet (STARK) — $29.60M
• Moca (MOCA) — $18.28M
• ApeCoin (APE) — $17.09M
• Cyber (CYBER) — $15.52M
• Delysium (AGI) — $13.01M

#unlocks

We are just getting started 👀

160 days of sideways movement is expected to end with a big pump.

The next phase is parabolic growth after a small correction 🧪

The crypto bull market is here, according to analysts at global asset management firm Bernstein 😮

"Buy everything you can" is written in Bernstein's memo sent to investors 🛒

They also stated "We expect a crypto-friendly regulatory environment under Trump, starting with a crypto-friendly SEC" 🇺🇸

Best Strategy For Crypto Noobs: DCA and Hold for the Long Term 📊

For most people, the best approach in crypto is to keep it simple. Instead of overcomplicating things, consider using a dollar-cost averaging (DCA) strategy and holding for the long term.

Here's a straightforward portfolio suggestion that most people should stick with:

🥇 50% Bitcoin
✨ 30% Ethereum
🔳 10% Solana
🐷 10% other altcoins or nemecoins you like

With DCA, you buy these assets in the above proportions every month or every two months, no matter what the market is doing ❗️

This helps you reduce the impact of volatility and steadily build your portfolio over time avoiding mistakes often made by most traders

🛒 Avoid trying to time the market or trade frequently. Just hold your assets and continue to DCA.

Keeping it simple can make your journey less stressful and more rewarding in the long run. This is proven by statistics! ↗️

#FAQ

✅ Bitcoin has notched another major milestone, topping $90,000 for the first time, the wild swing in crypto prices liquidated over $900 million of leveraged derivatives trading positions

Daily Digest:

🔸 Trump appoints Elon Musk and Vivek Ramaswamy to lead Department of Government Efficiency

🔸 BNBChain announced that it has received a $10 million investment in cloud service credits from Google Cloud

🔸 Bernstein wrote a meme to the investors: "Buy everything you can"

🔸  Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42%

🔸 FTX sues Binance for $1.76 billion and accuses CZ of “reckless disregard” for FTX’s customers

🔸 Canary Funds has filed an application with the U.S. SEC for an HBAR ETF

🔹 Prices:

🥇 Bitcoin - $88,417 (↓1.2%)
✨ Ethereum - $3,269 (↓1.8%)
🧪 S&P 500 - 5,983 (↓0.29%)
🕗 DXY - 106.01 (↓0.01%)
🌉 Gold - 2,607 (↑0.35%)

Just think for a second. Where would we be now if the Trump assassination attempt had gone differently? 😨

Elon Musk writes about Peanut squirrel, whose murder by the New York government was the catalyst for mass outrage before the election 🐿

Says this squirrel helped Trump win. $PNUT meme coin dedicated to this squirrel pumps by 271% and becomes the top 69 coin by market cap 🧪

📊 New US CPI data release

U.S. inflation rose by 2.6% over the past year through October, meeting expectations.

Core CPI, excluding food and energy costs, climbed 3.3% year-over-year, also as expected.

Knowing that everything is as predicted, the Fed is likely to lower the rate by 0.25% at the next FOMC 😇

BTC NEW ATH $91,000 📈🤑

Show goes on!

Spot BTC ETFs now hold more than $90 billion worth of Bitcoin 🔼

This is one of the main price drivers in 2024, for example yesterday in just 1 day net inflow in ETFs was $817 million 💰

CZ and Vitalik appeared at devcon Bangkok to watch presentations by groups like BIO, VitaDAO, ResearchHub, and HairDAO, all working on bringing science onto the blockchain 🔗

These groups want to make science more open and community-funded by using blockchain technology.

CZ mentioned that DAOs could help share science funding faster. He hopes to see thousands of new DeSci projects next year, making science more open to everyone 🧪

New meta?

If you are having a bad day, just remember that the creator of the $PNUT meme coin sold all of his tokens for a profit of $760 😞

If he would keep his bag, it would be worth more than $100 million after today's pump 😶

This token now has a market cap of $1.6 billion and is only 2 weeks old

✅ Bitcoin blasted through the $90,000 resistance level early in the U.S. trading day and then quickly pushed even higher to top $93,000, then the market corrected 🕯

Daily Digest:

🔸 BlackRock is announcing the expansion of its proprietary BUIDL to Aptos, Arbitrum, Avalanche, Optimism and Polygon chains

🔸 FBI has seized the phone and electronics of the CEO of Polymarket 👮

🔸 CZ and Vitalik appeared at devcon Bangkok to watch presentations by DeSci projects

🔸 'Bitcoin strategic reserve unlikely under Trump' says Mike Novogratz 😢

🔸 Canadian police found a body belonging to the 25-year-old crypto influencer Kevin Mirshahi in Montreal park

🔸 Anthropic CEO warns of threats posed by AI in coming years

🔸 Investment giant VanEck launches SUI-based financial product

🔹 Prices:

🥇 Bitcoin - $90,308 (↑2.1%)
✨ Ethereum - $2,881 (↓1.9%)
🧪 S&P 500 - 5,985 (↑0.02%)
🕗 DXY - 106.48 (↑0.43%)
🌉 Gold - 2,573 (↑0.02%)

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