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Tamilnadu Crypto News
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By @tamil_btc
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Educational Post

What Is Crypto Copy Trading?

Copy trading (a form of social trading) enables traders to replicate the trading activities of successful and seasoned investors. In essence, it allows novice traders to mirror the trades executed by professionals, leveraging the expertise and strategies of experienced market players. This innovative concept bridges the gap between the proficiency levels of traders, enabling novices to benefit from the market insights and decision-making capabilities of more skilled investors.

At its core, copy trading operates on a simple yet powerful principle: novice investors can choose to replicate the trading strategies of established traders, thereby gaining exposure to similar market positions and potential profits. This approach not only minimizes the risks associated with limited market knowledge but also serves as a valuable learning tool for investors aiming to gain a deeper understanding of market dynamics and trading techniques.


Copytrade Platforms
tamilbtc.com/bitget
tamilbtc.com/bingx
tamilbtc.com/mexc
tamilbtc.com/gate
tamilbtc.com/bitmart
tamilbtc.com/xbt
tamilbtc.com/bityard
📊 WeWork valuation history.

2010: company founded
Jul 2012: $97m
May 2013: $440m
Feb 2014: $1.5b
Dec 2014: $5b
Jun 2015: $10.2b
Oct 2016: $16.9b
Aug 2017: $20b
Jan 2019: $47b
Oct 2019: $8b
Dec 2019: $7.3b
May 2020: $2.9b
Oct 2021 (IPO): $8.2b
Today: $58m
• Bitcoin (BTC) surged 27% in October
• Traders “panic bought” due to Bitcoin ETF excitement
• Predictions suggest BTC might target $40,000 next
• Broad crypto rally: CoinDesk Market Index (CMI) advanced 22%
• Bitcoin ETFs potential boon for average investors
• DeFi sector had muted growth, with key tokens down 3% to 7%
• Ethereum’s ether (ETH) saw a 7% gain
• CoinDesk Computing Sector (CPU) leaped 32%
• Solana (SOL) had over 70% monthly return
• ETFs, momentum, and macro factors contributed to the rally
• Legend Stanley Druckenmiller spoke positively about BTC
• BTC could target $40,000 in the coming weeks, says LMAX strategist
• Matrixport’s Greed & Fear Index shows “exuberant” sentiment at 97%
Binance plans to shut down a partnership with Advanced Cash, a payments firm that allowed customers to move funds held at sanctioned Russian banks to the cryptocurrency exchange.

https://www.wsj.com/livecoverage/fed-meeting-interest-rate-decision-fomc-november-2023/card/binance-to-shut-down-ruble-payment-partnership-jKH5mKQwN6qmLb24iEWx
TOP CRYPTO TOKEN FOR 10X RETURNS IN BULL MARKET | FIND GEM COINS EARLY https://youtu.be/nLKsrO6gYCU?si=rArnh1lmjdRiEa49
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[MEXC Launchpad Airdrop] Register Now for SaxumDAO Launchpad
📣[Airdrop] MEXC Will Launch the Launchpad with SaxumDAO (SXM)

Registration Period: 2023-11-08 10:00 - 2023-11-13 10:00 (UTC)

👇🏻Registration Eligibility:
Hold at least 1,000 MX or more for 30 consecutive days before 2023-11-07 16:00 (UTC)

tamilbtc.com/mexc
💥BREAKING: FTX & Alameda just transferred out $44,100,000 worth of $SOL
📊 Some exchanges go out with a bang, like FTX, while others disappear quietly, slowly delisting pairs until no volume is left.

This shows 13 exchanges that have either gone out of business or had volumes fall to nearly zero. At one point, they accounted for $300bn per month.
#Bitcoin    miners are heavily investing in mining facilities.

$BTC hash rate hits new all-time highs, primarily due to more mining rigs being operational, rather than hardware enhancements.
JUST IN: 🇺🇸 SEC Chair Gary Gensler says FTX crypto exchange could be rebooted under new leadership.
BLUR analysis:

The price has broken the resistance area and is now trading above it, with an expected move towards the next resistance area in the coming days. It is not recommended to enter new positions at the current market price.

Support Area: $0.30-$0.31

Resistance Area: $0.435-$0.483
📊 Crypto Fear and Greed Index

🧭 Index Value : 69
😱 Sentiment : Greed
💰 BTC Price : $35648
NEW: 💰 The number of addresses holding at least 0.028 $BTC hit a new all-time high of 8M.
Bitcoin miners sold more coins than they minted during October’s crypto rally
📊 Bitcoin's return over a decade, against top non-cryptocurrency assets
Digital asset investment products saw inflows totalling $261m, representing the 6th week of consecutive inflows that now totals $767m, surpassing the total inflows of $736m seen in 2022
📊 Gate.io Startup Report in October

💎 GameFi: #VEXT - #OSHI - #SWO - #FTN
💎 Infrastructure/Platform: #TED - #SOIL - #LSD7
💎 MEME: #SAFEREUM - #SMURFCAT - #MEME
💎 DeFi: #ZTX - #RAFT
💎 Layer1: #VC
💎 Metaverse: #PPT
💎 Others: #CAT - #NERD - #KNFT

Participate Now: tamilbtc.com/gate