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Tamilnadu Crypto News
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By @tamil_btc
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FACT: #Bitcoin  is now the 16th largest world currency by market cap 🚀
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FLOW analysis:

Price broke through the resistance level and retested it, indicating a potential move towards the next resistance area. Consider opening long positions if the price drops to the support level.

Support Area: $0.707-$0.74

Resistance Area: $0.947-$0.981
#Solana flipped #XRP in Market Cap for the 1st time ever.
Michael Saylor, executive chairman of MicroStrategy, said that the market should not underestimate the importance of the upcoming #Bitcoin spot ETF.

This may be the biggest development on Wall Street in 30 years, this new investment tool will trigger a demand shock for Bitcoin and promote Bitcoin bull market next year.
Coin #JTO/USDT

Position: LONG

Leverage:  Cross20X

Entries: 2.58 - 2.43

Targets: 🎯 2.73, 2.88, 3.03, 3.18, 3.33

Stop Loss: 2.30
4,500,000 AVAX Unlock coming on Dec 21
.......................................................................................
$169,425,000 Unlock Value
0.62% of Total Supply
1.23% of Market Cap

Unlocking rounds: Team

More Details: https://dropstab.com/coins/avalanche-2/vesting
18,208,953 FIDA Unlock coming on Dec 23
.......................................................................................
$5,497,283 Unlock Value
1.82% of Total Supply
16.10% of Market Cap

Unlocking rounds: Managed by Bonfida and the FIDA Foundation, Reserved for Bonfida contributors/employees/etc., Seed Round

More Details: https://dropstab.com/coins/bonfida/vesting
Large token unlocks in January 🎄🧵:
• $DYDX - $108M January 1
• $SUI - $57M January 3
• $GMT - $32M January 9
• $APT - $248M January 12
• $SEI - $72M January 15
• $APE - $26M January 17
• $AXS - $31M January 18
• $ACE - $46M January 18
• $INJ - $135M January 21
• $ML - $21M on January 21
• $AXL - $30M on January 27
• $RON - $75M on January 27

💡 Highlighting this ⬇️
JUST IN: Vitalik Buterin releases updated roadmap for Ethereum.
Happy New Year!

The #10 largest #Bitcoin holder just bought 8,888.88 #BTC for $379 million today.

2024 is shaping up to be the year of $BTC


#BTC2024
Crypto Fear and Greed Index

Index Value : 65
Sentiment : Greed
BTC Price : $42260
Summary of 2023

• US judge rules XRP is not a security.

• $10 trillion asset manager BlackRock officially files for a Spot Bitcoin & Ethereum ETF.

• BlackRock CEO says crypto is digital gold and "Bitcoin is an international asset."

• Sam Bankman-Fried found guilty on all charges.

• Elon Musk tells advertisers who are trying to blackmail him to "go fu*k yourself."

• Russia to use Chinese yuan instead of US dollars to settle trade with Asia, Africa, & Latin America.

• FED Chair Jerome Powell says "crypto appears to have staying power as an asset class."

• Changpeng Zhao (CZ) resigns as Binance CEO.

• Coinbase relists Ripple XRP.

• Chinese Yuan overtakes US dollar as most-used currency in China's cross-border transactions for the first time in history.

• Saudi Arabia enters trade alliance with China, Russia, India, Pakistan, and four Central Asian nations to step further away from reliance on the US dollar.

• Argentina President Javier Milei plans to replace the peso with the US Dollar and shut down the central bank.

• Turkish crypto exchange CEO sentenced to 11,196 years in prison for stealing $2 billion in customer funds.

• SEC drops lawsuit against Ripple XRP executives.

• Crypto asset manager Grayscale wins lawsuit against SEC.

• Coinbase sues the SEC, seeking regulatory clarity for the crypto industry.

• El Salvador President officially signs bill eliminating all taxes on income, property, and capital gains for technology innovations.

• Hong Kong court recognizes cryptocurrencies as property.

• Chinese property giant Evergrande files for bankruptcy.

• Terra founder Do Kwon arrested in Montenegro.

• US Government arrests SafeMoon founders John Karony, Kyle Nagy & Thomas Smith.

• BlackRock names JPMorgan as an authorized participant for its Spot Bitcoin ETF.

• UK Government plans to establish new digital asset legislation and make the country a crypto hub.

@tamil_btc
[MEXC Kickstarter] Win Free 50,000 USDT Airdrops by Voting Now!

Dear MEXC Affiliates,

📣MEXC Kickstarter - Vote BABYBONK (BABYBONK) to Win Free 50,000 USDT Airdrops!

Voting Period: 2024-01-01 13:00 to 2024-01-02 12:50 (UTC)

👇🏻Registration Eligibility:
Hold at least 1,000 MX or more for 30 consecutive days before 2023-12-31 16:00 (UTC)

tamilbtc.com/mexc
#BTC : You are here

Happy New Year!