If Bitcoin falls below US$95,000, the accumulated long order liquidation intensity of mainstream CEX will reach 360 million

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🗞 November 24, 2024 cryptocurrency news highlights

【Cryptocurrency】
US crypto lobby group CEO: Fairshake will continue to be active in 2026 US elections 🔼

【Economy】
Musk Confirms X Platform Will Launch Remittance Feature✖️

【Indicators】
↘️The Bitcoin Volatility Index fell to 66.32 yesterday, a single-day decrease of 0.29%

If Bitcoin falls below US$95,000, the accumulated long order liquidation intensity of mainstream CEX will reach 360 million 💸

【More】
🧐 MicroStrategy's debt-fueled Bitcoin acquisition strategy raises concerns about long-term viability, despite its recent success and Saylor's unwavering optimism

We will be giving out some free bonus in this news chat group after 10 minutes💰

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Here’s what 7 years, 10 months, and 12 days of $30-a-day DCA looks like:

$86,370 invested, now worth $1M in Bitcoin.🔥

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$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

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NBA legend Scottie Pippen's Bitcoin Prediction Comes True Amid Market Surge 📈

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Michael Saylor hints potential further 💰 Bitcoin acquisitions, indicating a continuation of the company's substantial investment strategy in the cryptocurrency

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Bitcoin is predicted to hit its peak in 8-11 months due to increasing investor greed, a sign of an approaching market top 📈

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Crypto liquidations reach $470M as Bitcoin retraces, altcoins surge 💧

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Bitcoin Temporarily Drops Below $97,000🪙

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Musk's net worth has grown by 52% this year, reaching a total of $347.8 billion, hitting a new all-time high.🤩

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South Korea's Financial Services Commission (FSC) said they won't consider establishing a national Bitcoin reserve, explaining they need to first observe other countries' reaction to U.S. President-elect Donald Trump's crypto adoption plan before deciding.🇰🇷

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The largest Korean crypto exchange Upbit hit $14bn in trading volume on both Saturday and Sunday, equivalent to the whole Korean stock market volume.

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Singapore Gulf Bank is actively seeking to raise at least $50m in a funding round, with plans to acquire a stablecoin payments company in the first quarter of next year.

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MicroStrategy has significantly expanded its Bitcoin holdings, acquiring an additional 55,500 BTC for approximately $5.4bn at an average price of $97,862 per Bitcoin.

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🗞 November 25, 2024 cryptocurrency news highlights

【Cryptocurrency】
Michael Saylor hints potential further 💰 Bitcoin acquisitions, indicating a continuation of the company's substantial investment strategy in the cryptocurrency

【Economy】
South Korea's Financial Services Commission (FSC) said they won't consider establishing a national Bitcoin reserve, explaining they need to first observe other countries' reaction to U.S. President-elect Donald Trump's crypto adoption plan before deciding.🇰🇷

🇸🇬Singapore Gulf Bank is actively seeking to raise at least $50m in a funding round, with plans to acquire a stablecoin payments company in the first quarter of next year.

【Indicators】
Here’s what 7 years, 10 months, and 12 days of $30-a-day DCA looks like👀

MicroStrategy has significantly expanded its Bitcoin holdings, acquiring an additional 55,500 BTC for approximately $5.4bn at an average price of $97,862 per Bitcoin. 💸

【More】
💲The largest Korean crypto exchange Upbit hit $14bn in trading volume on both Saturday and Sunday, equivalent to the whole Korean stock market volume.

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"If the last three years were a consolidation period then it's like a base built upon a base which could take us to the 300's area."🤝

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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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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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