If Bitcoin goes to $13M as Michael Saylor suggests as his base case, MicroStrategy would be worth over $10 Trillion dollars 🚀

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MicroStrategy adds 55,000 BTC for $5.4B, boosting its total to 386,700 Bitcoin ($21.9B invested). Avg cost: $56,761/BTC 📈

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Bitcoin Rebounds Above $94,000🕯

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Michael Saylor breaks down why Bitcoin is the “holy grail asset”—outpacing monetary inflation, uncorrelated to the S&P 500, and delivering superior risk-adjusted returns 💪

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Bitcoin-backed stablecoin USDa has surpassed a circulation of 200 million tokens, ranking as the third largest CDP behind MakerDAO and USDJ.📣

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Rumble announced its Bitcoin Treasury Strategy, planning to buy up to $20m in BTC with its excess cash reserves.

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President-elect Donald Trump plans to sign an executive order imposing a 25% tariff on all products from Mexico and Canada entering the U.S., and an additional 10% tariff on Chinese imports until the issue of fentanyl and other drugs sent to the U.S. is resolved.

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Bitcoin Drops Below $93,000

Bitcoin fell below $93,000, now trading at $92,841, a 24-hour drop of 5.46%.

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The Russian State Duma has passed amendments recognizing digital currency as property for tax purposes, introducing rules for taxing cryptocurrency mining, transactions, and income reporting.

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Morocco is in the process of adopting a new law to regulate cryptocurrencies, which have been banned since 2017 but continue to be used underground. ✍️

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🗞 November 26, 2024 cryptocurrency news highlights

【Cryptocurrency】
The Russian State Duma has passed amendments recognizing digital currency as property for tax purposes, introducing rules for taxing cryptocurrency mining, transactions, and income reporting.

Morocco is in the process of adopting a new law to regulate cryptocurrencies, which have been banned since 2017 but continue to be used underground. ✍️

【Economy】
President-elect Donald Trump plans to sign an executive order imposing a 25% tariff on all products from Mexico and Canada entering the U.S., and an additional 10% tariff on Chinese imports until the issue of fentanyl and other drugs sent to the U.S. is resolved.


【Indicators】
MicroStrategy adds 55,000 BTC for $5.4B, boosting its total to 386,700 Bitcoin ($21.9B invested). Avg cost: $56,761/BTC 📈

【More】
Apple CEO Tim Cook disclosed that he has been holding Bitcoin for three years, clarifying that it is a personal investment choice, not part of Apple's corporate strategy 👛

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A Strategic Bitcoin Reserve Bill has been proposed to Brazil's Chamber of Deputies 😠

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Bitcoin dominance recently surged to a new 3.5-year high of 60.59% as Bitcoin was approaching it's all-time high 💪

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A lot of people are waking up realizing that they are short Bitcoin - especially with Trump as president, the government is more likely to buy Bitcoin than ban it 📈

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🇧🇷 Brazil's Chamber of Deputies has introduced a bill to create a 💰Strategic Sovereign Bitcoin Reserve (RESBit) to diversify financial assets and boost economic resilience

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$581M in Derivatives Liquidated Amid Bitcoin’s Fall 🫠

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HISTORY: 🟠 November 11, 2024, was the biggest daily gain in Bitcoin history 🚀

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USDe Supply Surpasses 4 Billion Tokens, Reaching an All-Time High🔼

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Data: Base Mainnet Total Bridge TVL Surpasses $3.8 Billion📈

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OpenAI secures $1.5 billion in new investment from SoftBank

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