Brazilian lawmaker proposes $18 billion Bitcoin reserve initiative
Brazilian lawmaker proposes $18 billion Bitcoin reserve initiativeThe Bitcoin Sovereign Strategic Reserve would allocate up to $18.6 billion from the country's international reserves.
Happy Wednesday!In today's headlines, Brazil is making waves in the crypto world as a lawmaker proposes an ambitious $18 billion Bitcoin reserve initiative, potentially positioning the nation as a leader in digital asset management. Meanwhile, analysts warn that Bitcoin may dip to $88,000 before making another attempt at the coveted $100,000 mark. On a lighter note, Dogecoin is gaining traction in the Nordics with the introduction of its first-ever Exchange-Traded Product (ETP), catering to growing institutional interest in this popular memecoin. Stay tuned for more insights on these developments! LATEST SLATECAST 🎙️ Exploring decentralized AI and artistic innovation with Dimitri de Jong of 204.ai 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.32 trillion, with a 24-hour volume of $196.83 billion. The price of Bitcoin is $95,572.03, and BTC market dominance is 57.2%. The price of Ethereum is $3,569.88, and ETH market dominance is 13.0%. The best-performing sector is Yield Farming, which gained 17%. The Crypto Fear & Greed Index is currently Greed (75). 📰 Top News
Brazilian lawmaker proposes $18 billion Bitcoin reserve initiativeThe Bitcoin Sovereign Strategic Reserve would allocate up to $18.6 billion from the country's international reserves. Bitcoin could fall to $88,000 before making another attempt to break $100,000 – GlassnodeBitcoin sharp upside left no time for supply to change hands, creating an "air gap" region below $88,000. Dogecoin gains ground in Nordics with first-ever ETP introductionFirst Nordic Dogecoin ETP aims to meet rising institutional demand for digital assets.
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Polymarket: A revolution in prediction marketsCryptoSlate's latest report dives deep into Polymarket's evolution, its pivotal role in high-stakes prediction events like US elections, and the implications of its controversies on its market position.
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Long term holders take profits as Bitcoin drops to $93k
Tuesday, November 26, 2024
Profit-taking trend emerges as Bitcoin flirts with six figures. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s sudden dip under $95k incurs $180 million in trader losses, stalls $100k momentum
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Turbulent hour for traders as Bitcoin slip below $95000 incites major liquidations for crypto traders. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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CryptoSlate's latest report explores Polymarket's evolution, its role in high-stakes prediction events like US elections, and the impact of its controversies on its market position. ͏ ͏ ͏ ͏ ͏ ͏
Blockchain Association urges Trump to tackle crypto reform in first 100 days
Saturday, November 23, 2024
The association sent a letter with five priorities to the President-elect, including regulatory clarity and ending crypto firms' "debanking." ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Galaxy Digital CEO Mike Novogratz says Bitcoin reaching $100,000 is ‘just the start’
Friday, November 22, 2024
Galaxy's CEO also warned that the market is currently heavy with leverage, with a correction until $80000 being possible after the $100000 is surpassed. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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