Kamala Harris' alleged words about Bitcoin drew reaction

It was claimed that possible presidential candidate Kamala Harris, who turned down the invitation for the Bitcoin conference that will start tomorrow, had negative thoughts about Bitcoin. David Bailey, the organizer of the conference in question, quoted Harris' words from the mouth of a major democratic donor.

It was claimed that Kamala Harris, who is considered certain to be a presidential candidate, used negative statements about Bitcoin.
Bitcoin Magazine CEO David Bailey wrote that Harris said 'Bitcoin is the money of criminals' and that he received this information from a large democratic donor.

Bailey posted the following post from account X:
“I'm sorry, but you can't pretend you're interested in Bitcoin after you've been ruining our industry for four years, starting the 'Choke Point' operation, choosing Gensler and Warren as your champions. A major democratic donor told me that Kamala personally told him, 'Bitcoin is the money of criminals.'”
These alleged words, Harris, drew the reaction of Bitcoin investors. David Gokhshtein, one of the leading figures in the crypto industry, said, “He is not interested in Bitcoin. They have been attacking this sector for the last three and a half years. All they want is the vote.” he commented.

Mark Cuban said otherwise

On the other hand, billionaire cryptocurrency investor Mark Cuban told the press that Harris' team contacted him and asked questions about cryptocurrencies. Cuban also added that he received information that Harris would be open to artificial intelligence and crypto.

Bitcoin conference turned down the invitation
Bailey had announced the previous day that he had met with Harris' team to speak at the Bitcoin conference, which will begin tomorrow. Bailey, the organizer of the conference, stated that Harris would not attend today and said, "It was not a surprise for us. What can he say when he's already jailing so many developers, forcing our industry to go abroad, attacking PoW...” he said.
#kamalaHarris $BTC

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Trump supporter businessman Lutnick: I have hundreds of millions of dollars in Bitcoin

Businessman Howard Lutnick, one of Donald Trump's biggest supporters, said that he owns hundreds of millions of dollars in Bitcoin and that figure will exceed billions of dollars next year. Lutinck also stated that, as he has said many times before, he thinks Bitcoin is not money, but commodities.

Howard Lutinck, the CEO of Cantor Fitzgerald, which has been operating in Finnish services for nearly a century, touched on the importance of Bitcoin in a podcast he attended. Touching on many issues from stable coins to the US government debt, Lutnick claimed that Bitcoin is not money.

The famous businessman, who was a guest on Anthony Pompliano's Youtube channel, stated that he has hundreds of millions of dollars in Bitcoin and is trying to buy every price drop. Lutnick's statements are as follows:

“We will stop wasting spending with Elon Musk”

Me, Elon Musk and Donald Trump can deal with the budget deficit issue. I discussed this issue with Elon for 2 hours. We talked about the waste of spending in the budget of 6.5 trillion dollars. There is a revenue of 4.5 trillion dollars. Everything including taxes... I think we're almost going to hell. The debt will be 36 trillion dollars. Look, under the Trump administration, the people who are competent in America will take the field. Everyone will do what they are good at. Making America great again will not be a promise.

“Bitcoin is not a coin, it is a commodity...”

I've said it before. Bitcoin is not money. Bitcoin is a commodity like gold and oil. Even when you consider terms like mining and gas fees, you can understand that there is a commodity. Look, you can sell oil to anyone you want. You can extract gold the way you want and sell it to everyone. The same is true for Bitcoin... If you call Bitcoin money, politicians will see it as an attack on their own country's currency. But if there is a commodity, they allow it. It will grow as it allows. Bitcoin will grow much more. Just believe...

💰 BTC Breaks previous ATH and Holding well above it.

Next up, ETH is 87% away to its ATH, and Solana is 47% away to its ATH.

Both are set to catch up soon 🚀

Bitcoin spot ETFs in the US received a net investment of $870 million on yesterday's trading day. This figure was the highest investment since June 4 ($886 million).

BlackRock 642, Fidelity 133 and Bitwise received a $52 million investment.

Ether spot ETFs closed the day with only $7.6 million.

Bitcoin > $72K 👀

China is considering approving an additional fiscal package of over $1.4 trillion to revive the economy next week. This package is expected to be further expanded if Trump wins the election. (Reuters)

Peter Brandt: Halving rally in Bitcoin may have begun

Stating that the "falling peaks, falling bottoms" series that has been going on since March has come to an end, Peter Brandt said, "The halving rise in Bitcoin may have begun."

Experienced analyst Peter Brandt, known for his accurate comments on Bitcoin, suggested that the expected post-halving rally may have begun.

Stating that Bitcoin has completed the 5-month reverse expanding triangle formation, Brandt said, "Continuity will be important. The rise after the halving may have begun. The 'falling hills falling bottoms' series, which has been going on since March, has ended." commented.

Last week, Brandt stated that Bitcoin was in the process of a historical break, describing this situation as "the most anticipated and hoped break in history".

The analyst expects the number one cryptocurrency to reach up to $135k in August or September 2025.

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Frightening transfer of 1.2 trillion units from meme coin whale

In PEPE, one of the rare number of coins that rose with Bitcoin this year, the heavy transfer of a whale drew attention. Whale sent 1.2 trillion tokens to Binance.

In $PEPE , which is one of the most increasing coins in the meme coin madness in 2024, a whale carried 1.2 trillion tokens worth approximately 11 million dollars to the Binance exchange. The fact that PEPE experienced a 2% decrease while many coins were rising today does not escape the eyes.

According to the information given by Whale Alert, this whale still has 208 billion PEPE. The value of these tokens is around 1.9 million dollars...

This investor also has many cryptocurrencies such as Fantom, Shiba Inu and Worldcoin.

Trillions of copies were stolen

PEPE, which emerged in April of 2023, received great attention from the cryptocurrency world. While particularly sharp rises made PEPE hear more over time, there was an inside theft in the project.

In August 2023, some of the team members stole 16 trillion tokens from the main wallet. After this theft, PEPE fell by 25% in minutes.

However, experts claim that this situation has made PEPE even more decentralized and a token in which the community is in control. PEPE was one of the most valuable cryptocurrencies with an increase of more than 10 times in the upward movement it started last year.

Bitcoin is back after Friday evening, exceeded 69 thousand

Bitcoin, which fell to the level of $65,590 on Friday evening, is back. While the decline seen with the Tether news was short-lived, Trump's lead in polls and betting sites seems to be the biggest supporter of the price of Bitcoin.

For the first time since October 20, Bitcoin reached the level of 69 thousand dollars again. The largest cryptocurrency fell to $65,590 after the Wall Street Journal's Tether report on Friday. Bitcoin, which rose again over the weekend, exceeded the level of 69 thousand dollars about 1 hour before the opening of the US markets on Monday.

The main reasons why Bitcoin remains strongly high can be seen as the relative decline in geopolitical tensions in the Middle East and Donald Trump's step-by-step march to the presidency. On Friday evening, the news that US prosecutors launched an investigation against the Tether company was denied by the company's CEO Paolo Ardoino. Shortly after the news, Israel launched an airstrike on Iran, but this attack did not increase the tension between the parties. It was known that the USA warned Israel not to hit Iran's oil and nuclear facilities.

Trump is moving forward

Although the public does not have full confidence in research and voting platforms, Donald Trump's superiority in betting sites and polls continues. In fact, on the betting site called Polymarket, it is seen that Trump is ahead of Kamala Harris by more than 30%.

Kamala Harris's low performance in the interviews and rallies she organizes attracts a reaction even from her audience.

This situation in the US elections ensures that the price of Bitcoin remains at the level of 70 thousand dollars.

ETH SHORT 🤞 1000$ PROFIT! $ETH

🚨🚨🚨🚨 US federal prosecutors put Tether under investigation. Tether can be punished for doing business with groups on the US sanctions list. (WSJ)

The date of the China Standing Committee meeting that the world is waiting for has been announced

The parliamentary meeting, where the financial markets are eagerly awaited and important decisions can be made about China's monetary expansion policies, will be held between 4-8 November. Investors were especially curious about how the possible monetary expansion period, the details of which have not been disclosed recently, will occur.

The meeting where the Standing Committee, which is affiliated with the National People's Congress in China, is expected to make decisions on monetary enlargement policies, will be held on November 4-8. The coincidence of this meeting with the US elections on November 5 and the Fed interest rate decision on November 7 does not escape the eyes. Therefore, it is obvious that the first week of November will create financially volatile times...

At the committee meeting held in October last year, it was decided to increase China's financial debt deficit from 3% to 3.8%. Therefore, this meeting is of great importance in terms of the decision of the parliament to reorganize the debt deficit or the national budget.

As it is known, China plans to make various regulations in this sense and to support the poor construction sector, especially since it has not reached its growth figures for 2024 so far.

The details given in the press conferences held by both the central bank and the finance minister in the past weeks did not convince the world financial markets. However, in this meeting, much more effective and clear decisions are expected to be made.

The first statements about the financial support package in China were made in September, and then there were serious increases in Chinese stocks. Chinese media stated that the state plans to support both households and the construction sector by issuing long-term bonds. The financial stimulus package is expected to reach up to $850 billion over the next 3 years.

The trader who followed the Binance announcements earned 140 thousand dollars in 20 minutes

A trader who followed Binance's cryptocurrency listings made a purchase with today's MOODENG announcement and made a serious profit within 20 minutes. The same person earned 17 thousand dollars over GOAT yesterday.

It is a fact that the cryptocurrencies listed by the Binance exchange have sharp increases, and those who closely follow this field know... Here is a trader who follows Binance's new listings, earned 140 thousand dollars in a short time over the MOODENG meme coin, which is listed in continuous futures contracts today.

He pocketed his profit in 20 minutes

According to the information given by Lookonchain, as soon as Binance made the statement, this person spent 1300 SOL and bought 2.7 million MOODENG. The trader, who sold within 20 minutes with the rise, sold these tokens for 2109 SOLs and pocketed 809 SOLs (about 140 thousand dollars).

The same person applied the same tactic for another meme coin GOAT yesterday. Trader also earned 99 SOL (about 17 thousand dollars) over this meme token.

This year, DeFi, DePin, GameFi and the meme coins that overtake many areas became the cryptocurrencies that showed the most increase with their artificial intelligence tokens. Especially Solana-based tokens continue to attract crazy attention since the beginning of the year.

After the SEC, Ripple also objected: "There is no problem with our record"

In the case between the SEC and Ripple, which started in December 2020, the war of the parties was moved to the court of appeal this time. After the SEC, Ripple also appealed to some decisions in the court process last night. Ripple legal advisor said, "Our record is already good. The process will not be as long as before," he said.

Ripple Labs, the company behind XRP, officially launched its appeal in the appeal process in its lawsuit with the US Securities and Exchange Commission (SEC) and submitted the petition known as Form C to the court. In Form C, which is provided to summarize the reasons for the objections submitted to the court of appeal, Ripple requires the court to reconsider the way the law is applied when making decisions on certain issues.

One of these issues was the way Ripple applied XRP transfers to the standard, also known as the "Howey test". As it will be remembered, the court considered Ripple's XRP sales to institutional companies as securities sales. Secondary stock market sales to small investors were not included in this category.

Ripple also demanded a re-evaluation of what key elements are required for a transaction to be classified as an investment contract and the scope of the SEC's injunction against Ripple.

The company behind the XRP requested information from the court about whether the matter of fair notification was also taken into consideration due to the SEC's "inconsistent actions".

Ambitious prediction from CryptoQuant CEO: Bitcoin could be world money in 2030

While Bitcoin, which is now opening to the corporate world with the introduction of ETFs in 2024, is gaining more and more confidence, a very controversial claim came from CryptoQuant CEO Ki Young Ju. Young Ju said that Bitcoin is progressing faster every day towards becoming world money and thinks this could happen in 2030.

An ambitious estimate came from Ki Young Ju for Bitcoin, where countries have discussed using it in trade, where “There may be world money” comments have been made with its decentralization and non-stop growth for years. The CEO of on-chain analytics platform CryptoQuant stated that in 2030, Bitcoin can now be used as a world currency.

"Volatility will decrease considerably in 2028"

Ki Young Ju, who wrote his views on the subject from his X account, touched on the growing ecosystem and price of Bitcoin:

“Bitcoin's mining difficulty clearly shows the intensity of the race and is always increasing. In the last 3 years, the difficulty has increased by 378%. In 2009, 50 BTC could be mined with a computer, while today individuals will not be able to mine. Supported by large investors, miners are now doing this job. As institutional investments increase, entrance barriers are also increasing. This situation reduces Bitcoin's volatility. In the 2028 halving, there will be a low volatility feature that should be in a coin.

Crypto tax law without examples is coming from Denmark

Denmark also aims to collect taxes on unrealized profits on cryptocurrencies. While the tax rate is determined as 42%, if the law is passed, the application will be launched as of January 1, 2026. This method of taxation, which has no example in the world yet, will even cover BTCs purchased in 2009 when Bitcoin was extracted.

Denmark is on its way to becoming the first country in the world to collect taxes on unrealized profits in cryptocurrencies. If the relevant draft law is passed, the application will come into effect on January 1, 2026. The tax rate will be 42%. Experts are sure that this practice, which is also found in other investment assets, will pass.

As it is known, tax rates in Northern European countries such as Denmark and Sweden are much higher than in other countries. This tax, which will be collected from cryptocurrencies in Denmark, will actually be enacted to make this area compatible and similar with other earnings taxes.

The Tax Law Council in the country has proposed taxing on past Bitcoin purchases dating back to 2009, such as cryptocurrencies to be taken in the future. So, investors holding any crypto currency will be subject to this tax of 42%. It will not matter whether people sell their assets or not.

Minister found the proposal "logical"

In his statement on the subject, Denmark's minister responsible for taxes, Rasmus Stoklund, supported the commission's proposal and said:

“To date, many Danish citizens have been severely subjected to crypto taxes. This council's proposal contains more reasonable rules. Taxes can be taken at a more reasonable level for the gains and losses of crypto investors”

Lottery to individual Bitcoin miner: won $220 thousand

A new one has been added to the case of individual miners, which have been seen frequently in the recent period, approving a block alone. This person, who mined without being included in any large pool, received a BTC prize of 220 thousand dollars.

At a time when bitcoin mining is becoming more difficult day by day and small players are withdrawing from the sector, especially after the prize halving, a person who does individual mining has almost become a lottery. This person single-handedly took out block 867118 and won the prize of 3.3BTC (about 220 thousand dollars).

The miner, who approved the block around 12 TSI today, thus realized a possibility that was even lower than one thousand. As it is known, individual miners are usually included in mining pools and take a share of the pool according to their hash power. Those who are not included in such large pools try their own luck and take the risk by saying "all or nothing".

He would get twice as much!

Recently, examples where such individual miners find blocks alone have become more visible. If this had happened before the halving 6 months ago, the miner would have received a double BTC reward.

With the halving on April 20, the miners' rewards were halved and the BTC earned per block decreased from 6.25 to 3,125 BTC.

While this decrease also dealt a big blow to the big Bitcoin miners, the shares of these companies also saw sharp depreciation.

After this statement, Binance announced on November 6 that it will also exclude IDRT, KP3R, OOKI and UNFI tokens. $UNFI
$KP3R
$OOKI