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CRYPTO CURRENCY MINING UPDATE
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#BTCReclaims101K
BTC
100k tauch
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CRYPTO CURRENCY MINING UPDATE
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#BTCReclaims101K Bitcoin Reclaims $101K, Setting a New Milestone Bitcoin, the world’s largest cryptocurrency, has soared past the $101,000 mark, reaffirming its dominance in the financial landscape. This historic surge comes amid growing adoption of digital assets and increasing institutional interest. The breakthrough followed a volatile period where Bitcoin oscillated between $90K and $95K. Analysts attribute the rally to a combination of macroeconomic factors, including inflation concerns, geopolitical tensions, and a weakening US dollar. Additionally, significant accumulation by institutional players, such as hedge funds and publicly traded companies, has bolstered investor confidence. The adoption of $BTC as legal tender by additional nations and the launch of a Bitcoin ETF in major markets have also played pivotal roles in driving demand. Retail investors, buoyed by growing mainstream acceptance, have further fueled the upward momentum. “Bitcoin’s resilience is remarkable,” said a leading market analyst. “Crossing $101K is not just a psychological milestone; it signals a new era of digital finance.” However, experts caution against unbridled optimism, noting that Bitcoin’s price remains susceptible to regulatory changes and market sentiment. Still, the recent surge has solidified its status as a viable store of value and hedge against traditional market volatility. As $BTC reclaims $101K, the cryptocurrency market collectively eyes new horizons, with discussions now shifting to whether the pioneer digital asset could soon achieve the coveted $150K benchmark. For now, the crypto world celebrates this unprecedented milestone. #BTCReclaims101K #BURNGMT #Bullish2025
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$BTC I had said that we would have prices back at $102.00 by the close of the 12 hour candle. It ended up not happening as expected, and I confess that this was not based on analysis but on years of experience in the market. I expected it to be like an absorbed candle that ends up closing at a high after suffering counterattacks. but it wasn't the end. but nothing changed in context. Mercao defends at the first level we mentioned and has a slight recovery. I think it's a matter of time before it returns to its previous levels. Nothing has changed yet in the context but we will observe, if in case the feeling changes and the market breaks this bottom I will bring more updates. Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs. BTC 99,783.99 -1.27%
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Winklevoss Claims Gensler Is "Evil" and Says Apology Won't Fix Damage Among those who have spoken out against Gensler and have demanded the resignation of the SEC head is Winklevoss. According to the co-founder of Gemini, Gensler has done tremendous, permanent harm to the cryptocurrency market. He calls Gary Gensler "evil" and demands that Gensler never be given another opportunity to be influential. Winklevoss also states that any company employing Gensler is betraying the cryptocurrency business. His next move is an impassioned plea for his followers to stop doing business with Gensler's prospective employers. A just few days before to his tweet, Winklevoss was sued for constitutional overreach by eighteen US states. Is Gary Gensler Going to Bow Out? Since 2021, Gary Gensler has been as head of the agency, and he has two more years left on his tenure. However, with Donald Trump's re-election, speculation regarding his resignation and replacement started to circulate. The industry is abuzz with speculation that Gensler would make his departure announcement either before Thanksgiving or before Trump's inauguration in January. James Murphy of Ripple Lab has spoken out about his speculation on Gensler's potential departure. He elaborates by saying that the departure of a chairperson in advance of the takeover by a new president has happened on occasion. The 2020 resignation of Jay Clayton and the 2016 departure of Mary Jo White were used by Murphy to back up his claims. #Sec #XRPPriceAction #NextMarketMoves #Gensler $XRP
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