Matrixport: $89,000 to $90,000 is the key support, BTC is expected to once again retain the title of the best asset of the year

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OKG Research reports that just 0.01% of global listed companies currently hold Bitcoin, with an estimated $2.28tr in potential inflows over the next year.

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Bitcoin Breaks $95,000, 24-hour Gain of 2.5%

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🗞 November 27, 2024 cryptocurrency news highlights

【Cryptocurrency】
Matrixport: $89,000 to $90,000 is the key support, BTC is expected to once again retain the title of the best asset of the year

【Economy】
🇧🇷 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

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

【More】
OKG Research reports that just 0.01% of global listed companies currently hold Bitcoin, with an estimated $2.28tr in potential inflows over the next year.

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Moody’s upgrades El Salvador’s sovereign debt rating to B3 with a stable outlook 👀

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Samson Mow explains how Bitcoin is massively undervalued and why Bitcoin will hit $1 MILLION soon.🚀

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🕯 Despite a potential 20-30% correction, 💰 BTC's long-term outlook remains bullish due to ETF inflows and institutional adoption

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Yesterday, Fidelity's FBTC saw a net inflow of $40.2 million, while BITB had a net inflow of $48.0 million.🕯

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Report: Bull Market Far From Over, Bitcoin Expected to Rise to $146,000 in This Cycle💰

➡️ Read Here

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November stablecoin trading volume on centralized exchanges (CEX) surpassed $1.8tr, with Tether (USDT) accounting for 70%.

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Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as it seeks to become a top offshore finance hub.

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Bitcoin Falls Below $95,000

Bitcoin has dropped below $95,000, now priced at $94,665, with a 24-hour gain narrowed to 1.35%.

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🇨🇦 Vancouver’s mayor proposes a motion to safeguard the city's purchasing power—by embracing Bitcoin 🙌

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🗞 November 28, 2024 cryptocurrency news highlights

【Cryptocurrency】
Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as it seeks to become a top offshore finance hub.

【Economy】
🇨🇦 Vancouver’s mayor proposes a motion to safeguard the city's purchasing power—by embracing Bitcoin 🙌

【Indicators】
Yesterday, Fidelity's FBTC saw a net inflow of $40.2 million, while BITB had a net inflow of $48.0 million.🕯

【More】
Report: Bull Market Far From Over, Bitcoin Expected to Rise to $146,000 in This Cycle💰

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Metaplanet to raise up to $62 million to buy more Bitcoin 🔥

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🇺🇸 The FOMC's consideration of a 5-basis point reduction in the RRP award rate aims to incentivize outflows from the RRP and bolster bank reserves, ensuring liquidity in the financial system 📈

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North Korean hackers' intensified crypto scams, targeting IT firms, pose a significant threat to the industry, necessitating enhanced cybersecurity measures 🇰🇵💻🤔

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