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Good Old Trump wonderful plan to end all Murika Debt Problem…..no money give u, but can give u 35trillion Bitcoin mah, Kym?

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Bitcoin surges above record $81,000 as Elon Musk warns of ‘financial emergency’​

Vishwam Sankaran
Mon, 11 November 2024 at 12:32 PM SGT2-min read

bbb99cd5afa863e877f42f5c47db96fc

Bitcoin surges above record $81,000 as Elon Musk warns of ‘financial emergency’

Bitcoin surged above $81,000 for the first time as Tesla billionaire Elon Musk called on new US president-elect Donald Trump to use the cryptocurrency to address America’s “unsustainable” debt growth.

The Tesla titan, who endorsed Mr Trump during his campaign trail, has been warning of a looming “financial emergency” in the US.

“Excess government spending is driving America into bankruptcy....This debt growth is unsustainable,” the multibillionaire posted on X.
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Mr Trump too brought up the idea of using Bitcoin to “pay off the $35 trillion” national debt in August this year.

“Hand them a little crypto check, right? We’ll hand them a little bitcoin and wipe out our $35 trillion,” he said.

Following his election victory and as the 45th US President inches closer to overall control of the US Congress, Bitcoin rallied past $81,000 on Sunday as other cryptocurrencies also continued to surge in price.

Mr Trump promised favourable regulation and the formation of a US bitcoin reserve if he wins, vowing to make the US “the crypto capital of the planet”.

He vowed that one of his first moves as president would be to sack the current Securities and Exchange Commission (SEC) chairperson Gary Gensler who led the government’s crackdown on the crypto industry – hinting at a friendlier regime for digital currencies.
 

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Crypto liquidations reach $650m; BTC, ETH enter the overbought zone​

crypto-liquidations-reach-650m-btc-eth-enter-the-overbought-zone

By Wahid Pessarlay
November 11, 2024 at 9:24 am
crypto-liquidations-reach-650m-btc-eth-enter-the-overbought-zone

Edited by Dorian Batycka
MARKETS
Crypto liquidations reach $650m; BTC, ETH enter the overbought zone

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The crypto market is roaming in a highly volatile zone as long liquidations start to rise. Bitcoin and Ethereum have both entered the overbought zone.
According to data provided by Coinglass, the total crypto liquidations increased by 70% over the past day, reaching $650 million — $366 million longs and $284 million shorts.
Crypto liquidations reach $650m; BTC, ETH enter the overbought zone - 1
Crypto liquidations | Source: Coinglass
Only a few rising tokens, including Bitcoin
Bitcoin
BTC3.54% Bitcoin, saw heightened short liquidations — the majority of the crypto assets have already been recording long liquidations. This suggests a potential market-wide cooldown as the highly volatile sector is showing signs of overheating.

Bitcoin saw $122.1 million in liquidations —$37.5 million longs and $84.6 million shorts — per Coinglass data. This was majorly due to the flagship asset’s rally to a new all-time high of $81,858 with a $1.6 trillion market cap today.
Ethereum
Ethereum
ETH-0.33% Ethereum, on the other hand, registered $91.2 million in liquidations over the past day — $56.7 million longs and $34.5 million shorts, according to Coinglass.

The leading altcoin has already started its downward momentum from its three-month high of $3,241.

The majority of the liquidations, worth $262 million, happened on Binance, the largest crypto exchange by trading volume. Of this tally, 59% are long positions.

Data from Coinglass shows that the total crypto open interest gained 1.13% over the past day and is currently sitting at $91.9 billion. The global cryptocurrency market cap also reached a three-year high of $2.9 trillion with a trading volume of over $300 billion.
 

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Huge Things Coming’—Bitcoin Suddenly Explodes As Secret ‘Nation-State’ Adoption Mystery Rumors Fuel A Crypto Price Boom​

Billy Bambrough
Senior Contributor
I write about how bitcoin, crypto and blockchain can change the world.
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Nov 10, 2024,02:31am EST
Updated Nov 10, 2024, 08:25am EST
Bitcoin has suddenly surged higher, with the price coming within touching distance of $80,000 per bitcoin as expectations soar U.S. president-elect Donald Trump could create a "game-changing" bitcoin strategic reserve.

The bitcoin price has added almost 20% since this time last week, with traders betting on a key milestone before the new year. Smaller cryptocurrencies—including ethereum, up 30%, dogecoin, up 50%, and cardano, up 70%—have also exploded higher.

Now, as the Federal Reserve and China feed into a "perfect storm" for the bitcoin price, rumors are swirling that a country has been quietly buying up bitcoin.
 

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How a Winning Bet on Crypto Could Transform Brain and Longevity Science​

James Fickel has dedicated $200 million he made betting on Ether to becoming one of the world’s biggest investors in those fields.

By Ashlee Vance
11 November 2024 at 8:00 PM SGT
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In early April, James Fickel boarded a train from Boston to New Haven, Connecticut, to check on some brains. The brains in question had once been inside pig skulls but now were located in a series of vats inside a building at the edge of Yale University’s campus, connected to an intertwining mass of tubes and a handful of machines feeding them a nutrient-rich fluid. Researchers have long dreamed of studying brains that remain largely functional outside their bodies, and this setup made those visions real.

This avenue of brain research began years ago with work by the Croatian scientists Nenad Sestan and Zvonimir Vrselja, who inspired spectacular headlines in 2019 by announcing they’d restored cellular activity in a pig’s brainfor four hours after the animal had been killed at a meatpacking plant.

Since then, the science has transformed from a research project into the basis of a startup called Bexorg Inc. The company hopes its technology, which is used on donated human brains as well, will lead to a deeper understanding of the brain’s biology, better drug discovery and, possibly, sci-fi-style rejuvenation techniques for people who have had traumatic injuries. Fickel made much of this possible as an early investor.
 

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Dogecoin extends gains as traders assess Elon Musk’s role in upcoming Trump administration

11/11/2024 08:55:03 GMT|ByManish Chhetri Dogecoin extends gains as traders assess Elon Musk’s role in upcoming Trump administration

  • Dogecoin price extends the gains on Monday following a rally of over 83% in the previous week.
  • DOGE’s open interest hit a new all-time high on Monday, while its daily trading volume reaches a yearly high.
  • Elon Musk’s support of DOGE fuels interest in the meme coin as the tech billionaire is expected to play a pivotal role in Trump’s new administration.
Dogecoin (DOGE) extends its gains on Monday and trades around $0.28 after rallying over 83% in the previous week, buoyed by the victory of crypto-friendly candidate Donald Trump in the US presidential election and its promotion by Trump supporter Elon Musk.
Elon Musk’s continued support for Dogecoin has reignited interest in the dog-themed meme coin. DOGE’s open interest reached a new all-time high of $2.26 billion on Monday, signaling a surge of new capital, while its daily trading volume also hit a yearly high of $13.96 billion.
 

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MicroStrategy Buys $2.03 Billion of Bitcoin in Latest Purchase​


By Dave Liedtka
11 November 2024 at 9:31 PM SGT
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MicroStrategy Inc. purchased about 27,200 Bitcoin for around $2.03 billion, in one of the largest acquisitions of the digital asset by the crypto hedge-fund proxy.

The enterprise software maker, whose corporate strategy includes buying the cryptocurrency, bought the tokens between Oct. 31 and Nov. 10, according to a statement on Monday. The purchases were made using proceeds from the issuance and sale of stock.
 

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Michael J. Saylor​



Michael J. Saylor (born February 4, 1965) is an American entrepreneur and business executive. He is the executive chairman and co-founder of MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services. Saylor was MicroStrategy's chief executive officer from 1989 to 2022; in 2000, Saylor was charged by the SEC with fraudulently reporting MicroStrategy's financial results for the preceding two years.

He later reached a settlement with the SEC for $350,000 in penalties and $8.3 million in personal disgorgement.


Saylor MicroStrategy has spent billions of dollars to purchase over a hundred-thousand bitcoin. In 2024, he paid a $40 million fine to settle a tax fraud suit. He authored the 2012 book The Mobile Wave: How Mobile Intelligence Will Change Everything. He is also the sole trustee of Saylor Academy, a provider of free online education.
 

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Sanju K. Bansal is an Indian-Americanbusinessman, the co-founder of MicroStrategy, a worldwide provider of enterprise software platforms for business intelligence (BI), mobile software, big data and cloud-based services.[1] He served as the company's vice chairman of the board of directors and executive vice president till November 14, 2013.[2] From 1993-2012, he served as chief operating officer of MicroStrategy. Bansal serves or has served as a member of the board of directors of CSRA, a technology services provider to the US government, Cvent, a cloud-based event management software provider,[3] and The Advisory Board Company, a technology research services company.
 

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It is happening….Bitcoin market worth 3trillion liao
If Bitcoin add satu zero behind, Murika will be Greater Again :smile:??!

Bitcoin Nears $90,000 as Crypto Market Exceeds Pandemic-Era Peak​

  • Token surged on optimism over President-elect Trump’s agenda
  • Value of crypto market hit all-time high of some $3.1 trillion

By Sunil Jagtiani
12 November 2024 at 7:35 AM SGT
Updated on
12 November 2024 at 9:33 AM SGT
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Bitcoin’s record-breaking rally took the digital asset past $89,000 and lifted the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under President-elect Donald Trump.
The largest token has jumped about 32% since the US election on Nov. 5 and hit an all-time high of $89,599 early on Tuesday. The original cryptocurrency changed hands at $89,165 as of 9:25 a.m. in Singapore.
 

k1976

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Suddenly, 35 trillion debts disappears.
Bitcoin is a scam like tulip mania and people are still falling into it.

But again, the "hard assets" like condos in mid air are also selling like hotcakes.
Secret Art for God of Bankruptcy

Huat Big Big hah

Dun miss the boat

What are u waiting for nah?

Leemember…the secret art is:

pokkai always buy high sell low

ATAS Insaier always sell High buy low
 

k1976

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Suddenly, 35 trillion debts disappears.
Bitcoin is a scam like tulip mania and people are still falling into it.

But again, the "hard assets" like condos in mid air are also selling like hotcakes.
Of course lah, there are still savvy institutional investors mah, now we enter 神仙打架era

Disclaimer:
Normal man is cannot see de woh Sinki:smile:
No longer a Game for Hardlander Ah Fok
 
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k1976

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Suddenly, 35 trillion debts disappears.
Bitcoin is a scam like tulip mania and people are still falling into it.

But again, the "hard assets" like condos in mid air are also selling like hotcakes.
Condo is the minimum requirement in this Game because Bank can count as asset mah
 
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