👀 Detroit will become the largest city in the U.S. to accept cryptocurrency payments, allowing residents to pay taxes and other city fees with crypto starting in mid-2025.

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👀 Polymarket has hinted at launching its own token.

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📊 Top blockchains of 2024 by transaction volume:

Leading the list is Solana with over 10 billion transactions, followed by Near, Tron, and Sui.

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🔥 Bitcoin breaks $79K

Bitcoin analyst Tuur Demeester wrote in a Nov. 10 X post that “no rash action is needed, HODLing does the work for you.”

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☄️ BTC at $80,000 — DONE

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💰 Cardano (ADA) surged 76% this week as whales returned with $11.5 billion in transactions, though an overbought RSI suggests a potential short-term price correction.

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👀 Three new cryptocurrencies launched this week – HAPPY, SBR, and MAJOR – are seeing rapid growth, with MAJOR surging 361% in 24 hours and HAPPY boasting 174K holders and a $25M market cap.

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💰 Shiba Inu (SHIB) has re-entered the top 10 most capitalized cryptocurrencies for the first time in a long while, pushing out Tron and TON.

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📈 SOL briefly surpassed a $100 billion market cap.

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🔔 DOGE has overtaken stablecoin USDC in market cap, now ranking 6th.

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💲 FTX has reportedly filed a lawsuit against Changpeng Zhao to recover $1.8 billion, while Alameda is suing Waves founder Alexander Ivanov for $90 million in compensation.

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💸 Bitcoin Nears $82K in Bullish Start to Week

Traders are eyeing the $100,000 price level for BTC in the short term, as reported, in hopes that Trump will eventually launch a strategic BTC reserve after he takes office in January

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🟢 After Bitcoin’s new ATH, SUI, GOAT, and MEOW also reached historic highs. Next likely contenders include BNB, SOL, TAO, and PEPE, while ETH, JUP, WIF, and PENDLE remain over 50% below their ATH.

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😎 How have Bitcoin's price, gold's price, and Peter Schiff's face changed over the past 13 years?

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💥 MicroStrategy has acquired 27,200 BTC for approximately $2.03 billion.

The average price paid is $74,463 per BTC.

As of 11/10/2024, the company holds 279,420 BTC, purchased for around $11.9 billion at an average price of $42,692 per Bitcoin.

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⏺ Daily Recap: November 11

📈 SOL hits $100B market cap briefly.

🔔 DOGE now ranks 6th, overtaking USDC.

💲 FTX sues Changpeng Zhao for $1.8B; Alameda sues Waves’ founder for $90M.

📊 Bitcoin ETFs attracted $1.63B, Ethereum ETFs $154M last week.

💸 Bitcoin approaches $86K(updated) as traders eye $100K target.

🟢 SUI, GOAT, and MEOW hit new ATHs; BNB and SOL likely next.

💥 MicroStrategy buys 27,200 BTC at an average of $74,463 per BTC.

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🚀 BTC = $87 000!

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🔍 Global searches for “Bitcoin” have reached a two-year high.

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