Novocoin nvc’s Post

Economic Update 📈 📉 As the U.S. Presidential election approaches 🗳️, bitcoin’s price has surged 📈 amidst rising anticipation of Republican candidate Donald Trump’s victory over Democrat Kamala Harris. Trump, an outspoken advocate for cryptocurrency 💸, has pledged to transform America into the “crypto capital of the world” 🌐. Bitcoin now flirts with breaking this year’s high of around USD 73,084, achieved in March 🚀. Meanwhile, dogecoin—Elon Musk’s favorite meme coin 🐶—has also soared in value. Musk has become a staunch supporter of Trump, backing him with hefty donations 💰 and million-dollar handouts to key swing-state residents who signed on to the America PAC. His acquisition of X (formerly Twitter) in 2022 has amplified conservative voices 🔊, further intensifying the electoral drama 🎭 and potential impacts on the crypto landscape. #connectwithbpam #USA #USpresedentialelection #cryptonews #bitcoin #dogecoin

📊 Over the past week, whales bought 100,000 BTC, which is valued at $8.6 billion. But miners were happy with the current prices and dropped 25,000 BTC. Who will be stronger if the fear and greed index is already 88 points. Elon Musk created a twitter for D.O.G.E (Department of Government Effectively): meme tokens flew away again Yesterday, inflows into spot Bitcoin ETFs amounted to $510 million, and the trading volume updated a new record - $8.07 billion. Ethereum ETFs attracted $146.89 million yesterday and finally came out on top for the entire trading period. Crypto hater Peter Schiff came up with a plan in which Bitcoin will improve the social security system by forming a reserve of funds for 75 years in advance. But then he clarified that it was sarcasm. 😄 Once upon a time in the #Cryptomarket #UsefulInformation #Psychology #Passiveincome #Wealth #Bitcoin #Money #Millionaires #Analytics #Management #DigitalMarketing #Technology #Futurism #Entrepreneurship #Marketing #VentureCapital #Sustainability

𝗡𝗲𝘄 𝘁𝗿𝗮𝗱𝗲𝗿𝘀 𝗼𝗳𝘁𝗲𝗻 𝗼𝘃𝗲𝗿𝗹𝗼𝗼𝗸 𝘁𝗵𝗲 𝗶𝗺𝗽𝗮𝗰𝘁 𝗼𝗳 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝗰𝗼𝘀𝘁𝘀 𝗼𝗻 𝘁𝗵𝗲𝗶𝗿 𝗽𝗹𝗮𝗻𝘀. Small commissions add up quickly, creating a significant drag that can render some strategies unviable. For example, short-term strategies require much higher returns to break even, becoming feasible only around a $35,000 account size. Meanwhile, longer-term strategies are better suited for smaller accounts. But what if there was a way to sidestep these issues? Imagine programming your tokenized asset with on-chain credit lines, allowing you to borrow up to 80% of your asset value with just one click, using permissionless over-collateralized model, while staying long Bitcoin. This innovation, inscribed into your tokenized asset with Bitcoin finality, can make your capital work harder for you. Are you ready to rethink your trading strategy and unlock new potential? Join our next meetup or Twitter Space to learn more RSVP here http://lu.ma/BlockCityFi

🚨 Breaking News from the Crypto Circus 🎪 El Salvador is rolling out a #Bitcoin certification program for 80,000 government employees. Yep, you read that right—80,000 civil servants are about to become crypto experts! 🧐 Because when you're running a country, knowing how to #HODL is obviously a top priority. 📚💰 Meanwhile, Mt. Gox just moved $700M worth of Bitcoin to a mysterious wallet. Maybe they’re finally distributing to creditors, or maybe they just like keeping everyone on their toes. 🤷♂️💸 And in the wildest twist yet, Donald Trump has hinted that he might offer Elon Musk a Cabinet position if he wins the 2024 election. 🚀 Because who better to run a government department than the guy who’s already running Twitter (sorry, X) and trying to colonize Mars? 🌎➡️🌕 Check out the full blog for all the juicy details and more sarcasm than you can shake a Dogecoin at. 🐕💼 https://lnkd.in/dX2kp_gx #CryptoComedy #Bitcoin #ElSalvador #MtGox #ElonMusk #DonaldTrump #FinanceBroDegenhood #FinanceNews

Dogecoin has recently emerged as the best-performing cryptocurrency among the top 100 coins, reaching a five-month high of nearly $0.16, following a significant 14.39% increase. This surge is largely attributed to renewed interest surrounding Elon Musk, who recently endorsed Donald Trump's campaign. Musk proposed a new Department of Governmental Efficiency (D.O.G.E.), a name reminiscent of Dogecoin, which further fueled excitement in the crypto community. The connection between Musk and Trump has reinvigorated speculation about Dogecoin's potential impact on the upcoming U.S. elections, with analysts noting that Musk's support plays a crucial role in driving the coin's popularity. This rally comes amidst broader market movements, showcasing the interplay between politics and cryptocurrency.

“Developers running another round of token burning!” ➡️ Reading such news, some might think: why burn them? Just give them to me instead! 👀 Here’s why they do it  ⬇️ Burning tokens means permanently removing them from circulation. This reduces the total supply - yes. But therefore, if demand remains constant, it usually leads to an increase in the token's price 📈 ➡️ In other words, developers don't give these tokens to you directly. But as a result, the token's price tends to rise, allowing you to sell them at a higher price. Of course, this depends on other factors working together as well. 🧊 The simplest example Every quarter, Binance burns BNB tokens worth millions of dollars (sometimes even hundreds of millions). Given that the token is currently at its historical price peak, it's possible that burning does indeed have a positive effect. Join us on Twitter to know more about us and the crypto world 🧊 @arctic_wallet

#AltcoinsNews: Dogecoin surged nearly 15% following a Trump rally where he proposed Elon Musk as head of a new department, D.O.G.E., promising significant government savings. This excitement propelled Dogecoin's price to $0.165, its highest since June. Analysts observed that major wallets are holding substantial amounts, indicating potential long-term investments. #CryptoNews #CryptospaceToday #Altcoins

𝗔𝘀 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝘃𝗼𝗹𝘂𝗺𝗲 𝗳𝗼𝗿 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗢𝗿𝗱𝗶𝗻𝗮𝗹𝘀 𝗱𝗶𝗽𝘀 𝘁𝗼 𝗻𝗲𝘄 𝗹𝗼𝘄𝘀, 𝘄𝗶𝘁𝗵 𝗺𝗮𝗻𝘆 𝗺𝗮𝗿𝗸𝗲𝘁𝗽𝗹𝗮𝗰𝗲𝘀 𝘀𝗵𝗼𝘄𝗶𝗻𝗴 𝘀𝗶𝗴𝗻𝘀 𝗼𝗳 𝗱𝗲𝗰𝗹𝗶𝗻𝗶𝗻𝗴 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆, 𝗶𝘁 𝗺𝗶𝗴𝗵𝘁 𝘀𝗲𝗲𝗺 𝗹𝗶𝗸𝗲 𝘁𝗵𝗲 𝗵𝘆𝗽𝗲 𝗶𝘀 𝗳𝗮𝗱𝗶𝗻𝗴. But beneath the surface, a new opportunity is emerging. Imagine turning your Ordinals into passive income earners while keeping them securely in your wallet—no need to surrender control. This is the promise of non-custodial Bitcoin staking initiatives, a game-changer in the making. While others are stepping back, savvy holders can capitalize on this quiet moment to set themselves up for the next wave. BTCFi is coming, and it’s about to breathe new life into your Ordinals. 𝗥𝗦𝗩𝗣 to learn more and join us at our next meetup or Twitter Space! lu.ma/BlockCityFi

One of crypto’s biggest flaws: People can get too emotionally attached to a specific coin too easily. Jake Wujastyk is a market researcher and trader. He is behind the 3rd largest account on X by subscriptions. The first one is Elon Musk. He’s been following stocks since he was in Middle School and Bitcoin since 2017. We had him with us at 25o'clock. This is what he has to say about the industry 😉 Is that true? Do people get married to crypto too easily? 😅 I can’t say I have never done it!

I'm testing a 10-second GIF version of my Bitcoin vs. S&P 500 visual, compared to the original 22-second video. It's fascinating to see how much people value their time and attention on social media—and how crucial it is to communicate information in the most optimal way. LinkedIn doesn’t seem to push videos on the news feed as much as images or GIFs, so I’m curious to see if this version performs better. Apologies for reposting the same visual; this is strictly for scientific purposes! 😆 #DataVisualization #Bitcoin #SP500 #AttentionEconomy #ContentOptimization #GIFvsVideo #DataStorytelling #DigitalTrends