Number of Bitcoin millionaires rises after Trump victory
Donald Trump's victory in Tuesday's US election not only brings hope for the future. In fact, the rise in the price of BTC as a result of this election day caused a sharp increase in the number of Bitcoin millionaires.
According to Finbold, more than 11,000 new BTC millionaires emerged after the cryptocurrency rose to new all-time highs. Data shows that on October 7, the number of wallets worth $1 million in BTC was 121,061. Meanwhile, by November 6, the number had increased to 132,842 wallets with that amount.
In this sense, the number of new millionaires amounts to 11,487 portfolios. It should be noted that a person can own several portfolios, which suggests that the number of portfolios is not equivalent to the number of millionaires. However, this ratio has some approximation of several thousand people who are now new millionaires. .
All this is happening while the votes are being counted (which suggest an irreversible trend in favour of Trump)
All crypto Dead . crypto owner profit crypto investors loss. Mind you crypto creators all time public Found losing try and crypto investors try make money crypto. mind you this just lose plan go out crypto investors
Ethereum’s situation is basically the same as Bitcoin’s. Yesterday’s long signal played out, and today we received a short signal that is now in progress. I believe this signal will follow through, and we’ll be able to buy Ethereum at a lower price, around $2,200–2,250 per coin, or possibly even lower. We’ll need to watch for a reversal formation for a long entry once Ethereum is in that range. Want an assistant like mine? I’m always available!
The market is about to hit its trade line resistance for the 6th time. Will the market be able to break out of this trade line resistance this time? It looks confusing. As usual, the market is again pumping strongly from its trade line support with more volume. Since the market has been trading within this range for a long time, a lot of liquidity has built up above the trade line resistance, which the market should hunt. I expect the market to break out of its trade line resistance this time, and we might see the market move towards 73k. However, I believe the market will first face rejection from its trade line resistance, which is around the 67k zone, and will complete the lower order blocks before moving upwards.
Bitcoin Is Headed Toward $35,720... Whales vs Retail! $BTC
Despite a 75-day period of bullish activity, Bitcoin's failure to breach the $70,000 psychological barrier indicates a potential reversal. The absence of new all-time highs suggests that the recent price action may be part of an inverted correction, characterized by a series of lower highs.
The current market dynamics reveal a lack of bullish momentum, with limited buying interest at prevailing price levels. Even large-scale investors, often referred to as whales, appear to be reaching their buying limits.
While it's possible to artificially inflate Bitcoin's price through manipulative tactics, such efforts are risky without genuine underlying demand. If real buyers fail to materialize, these manipulations could result in significant losses, particularly for those who have taken short positions.
The reality is that the whales perpetuating these manipulations are unlikely to lose, but it seems that market participants are becoming increasingly
The journey to building an impressive collection of $X tokens is always an exciting one, and today, I’ve reached a new milestone with 22,367 $X in my wallet! Here’s a breakdown of how I got here and why this is a major accomplishment.
The $X Token Breakdown
As shown in the snapshot, my total holdings are 22,367 $X tokens. These tokens are split across two distinct phases of acquisition:
Phase 1: 21,794 $X
Phase 2: 573 $X
This split illustrates how I strategically accumulated the majority of my tokens during the initial phase, ensuring I capitalized on the earliest opportunities. The smaller portion from Phase 2 reflects my ongoing commitment to further growth in the project.
Why This Milestone Matters
Accumulating 22,367 $X tokens marks a significant achievement for a few reasons:
1. Early Participation: Being part of Phase 1 means I got in early, securing the majority of my tokens before any potential price surges. Early adopters often reap the most rewards, and this positions me well for future
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Blum listing price. The highly anticipated Blum airdrop listing date is just around the corner, and the excitement is building. With the listing date and pre-market price now confirmed, this is the perfect time to get involved and earn your free BLUM tokens.
The cryptocurrency world is excited as Blum, a new digital asset, gets ready for its official listing. With the Blum Airdrop Listing Date coming up Q4 2024, early participants can claim more tokens. This is a great opportunity to earn free money before the token starts trading. You should join now to take advantage of this chance.
In addition to the excitement surrounding the airdrop, there’s growing speculation about the pre-market price of the BLUM token. While official figures are still pending confirmation, early market analysts have suggested that BLUM could launch with an initial value of around $0.003 to $0.005 per token.
Blum has a total supply of 100 billion tokens and an initial market cap of $1 billion, so its price might fluctuate after
Conclusion At its peak in November 2021, your $1,000 investment would have grown to around $27,717. However, by 2022, corrections significantly impacted the value, showing the volatile nature of Ethereum and the broader crypto market. 📉📈
📅 The Uptober trap is officially OVER! 🔥 Get ready for a massive Bitcoin pump! 📈 Bulls are charging, and the market is set to explode! 💸 Will you ride the wave or watch from the sidelines?
⚡ Don’t miss out on what’s coming—Bitcoin’s next move could be huge! 💥