🚀 Ethereum (ETH) Surpasses $2,700! 🚀 As of Oct 30, 2024, | Crypto sights on Binance Square

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🚀 Ethereum (ETH) Surpasses $2,700! 🚀
As of Oct 30, 2024, 13:58 PM (UTC), Ethereum has broken past the $2,700 mark, trading at 2,701.63 USDT with a 2.52% increase in the last 24 hours. 📈💰
#BinanceBlockchainWeek #USJoblessClaimsDip #CryptoPreUSElection #EthereumPectraUpgrade #BTCBreak71K 

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ETH

1,806.69

+0.21%

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95,003.18

+0.30%

128

0

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🚀 Solana's Market Cap Nears $100B Milestone 🌐 📈 According to BlockBeats, Bitwise CEO Hunter Horsley shared on X that Solana's market cap is about to break past the $100 billion mark, currently standing at $97 billion. 💸 This achievement is huge, as only three other cryptocurrencies (excluding USDT) have reached this level, marking a major milestone in the crypto world! #BIOProtocol #FedRateStrategy #MicrosoftBitcoinRejection #SOLFutureRise #Trump47thPresident

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🚨 Bitcoin Developer Faces Harassment After False Satoshi Claims 🚨 According to ShibDaily, Bitcoin core developer Peter Todd has been harassed after being falsely identified as Satoshi Nakamoto in an HBO documentary released on October 8. 🕵️‍♂️ Despite Todd's immediate denial, the documentary portrayed him as the prime suspect behind Bitcoin's pseudonymous creator. In a recent interview with Wired, Todd shared that the misidentification led to a flood of messages, including many asking for financial help. He described how one person sent him 25 emails over just two days, begging for a loan. 💸 🔒 Concerned for his safety, Todd explained that he’s had to take precautions, similar to those Satoshi Nakamoto might have taken to remain anonymous. Despite attempts to clarify his role as a contributor to Bitcoin's security and scalability, Todd continues to draw unwanted attention. He emphasized that while he has helped improve Bitcoin, his work has been about refining the system, not creating it. 🛠️ Todd argued that the search for Satoshi Nakamoto is unnecessary. He noted that Bitcoin thrives because it’s decentralized and merit-based, allowing ideas to flourish through consensus rather than following a single leader. He added that even the false label of being Nakamoto has put him at serious personal risk, warning that if Nakamoto's identity were actually revealed, the impact would be even more severe. 📉 Todd also suggested the HBO filmmaker likely used the Nakamoto claim to attract viewers, saying, “He needed a way to get attention for his film.” 🎬 #NovemberMarketAnalysis #DogeArmyComeBack #Trump47thPresident #TetherAEDLaunch #PensionCryptoShift

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Trump's Victory Could Widen Policy Gap Between Fed and ECB 📉🇺🇸🇪🇺 Analysts at Nomura Securities say Trump’s win may sharpen policy contrasts between the Federal Reserve (Fed) and the European Central Bank (ECB). Under Trump, the Fed might shift from easing policies toward stabilizing rates, especially if trade policies lead to higher inflation. 📈 In Europe, mounting economic challenges could push the ECB toward more aggressive moves, but analysts think the ECB is still too cautious for major preemptive cuts. 📉 They don't expect the ECB to cut rates by 50 basis points in December, predicting a more gradual approach to economic issues. #Trump47thPresident #TrumpCryptoSupport #NovemberMarketAnalysis #OctoberCryptoFundingSurge #USElections2024Countdown

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🚀 Bitcoin Hits New High of $75K as Short Sellers “Rekt” by Spot Demand 📈 💥 Massive Short Liquidations as BTC Soars Past $75,000 Bitcoin surged to an all-time high of $75,000 on November 6, sparking nearly $180 million in short liquidations, with election-driven volatility pushing BTC above its previous record. According to CoinGlass, total crypto market liquidations hit $483.2 million over the past 24 hours, with Bitcoin shorts making up the largest share at $251 million. Swyftx lead analyst Pav Hundal noted, “The spot market is flying, and shorts are getting rekt,” attributing the surge to strong spot demand. 📊 📉 Spot Buying Drives Sustained Price Growth Unlike previous derivative-fueled rallies, this price jump is powered by spot buying—meaning investors are purchasing actual BTC instead of trading derivatives. Hundal explained that this demand impacts Bitcoin’s supply directly, supporting long-term price growth and adding significance to this latest rise. 📉 🇺🇸 Trump Win Sparks Bullish Sentiment for BTC The U.S. election has driven notable volatility, with Bitcoin’s rally being partially fueled by a Trump victory, seen by some as favorable for crypto. While short-term fluctuations are expected, analysts suggest that election-related volatility may be easing. CK Zheng, co-founder of ZX Squared Capital, believes a Trump administration could continue to be supportive of crypto markets. 📊 🎯 Bitcoin Eyes $100,000 by Q1 2025 Looking ahead, Markus Thielen from 10x Research sees a potential for Bitcoin to reach $100,000 by Q1 2025, driven by institutional demand and positive sentiment. Derive’s Nick Forster noted that the options market places a 15% chance of BTC crossing $100,000 by year-end, signaling strong long-term expectations. 🤑 With Bitcoin’s price staying near its record high, the recent spot-driven demand reflects ongoing optimism from investors, with more growth potentially on the horizon amid political and market shifts. 🌍 #ETHBTCNewLow #Bitcoin❗ #bitcoin☀️ #Crypto_Jobs🎯 #CryptoNewss

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