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Analyzing Bitcoin's Uptober and Predictions for a Post-Election Surge
Analyzing Bitcoin's Uptober and Predictions for a Post-Election Surge

As the 2024 United States presidential election approaches, Bitcoin is once again in the spotlight. Bitcoin has demonstrated amazing resilience in the lead-up to this pivotal moment. Many analysts and investors are speculating about Bitcoin’s price movements, hoping for a significant rise following

Bitget Academy·2024/11/04 09:55
Flash
14:55
Viewpoint: Institutions will no longer distinguish between DeFi and TradFi in a few years, and all capital market activities will be on-chain.
According to Odaily, Maple Finance co-founder and CEO Sidney (Sid) Powell stated that in a few years, institutions will completely stop distinguishing between DeFi and TradFi, and eventually all capital market activities will take place on-chain. Blockchain will play a similar role in financial services as the internet did in transforming the way people shop, becoming the next technological layer underpinning global markets. Cryptocurrency will become the infrastructure of capital markets, with most transactions being cleared and settled using public ledgers instead of traditional systems. More debt capital markets will adopt crypto-native structures, including bitcoin-backed mortgages and other asset-backed securities linked to crypto lending, as well as crypto credit card issuers whose receivables can be securitized and sold to the capital markets. (CoinDesk)
14:41
Michael Saylor once again shared Bitcoin Tracker information, hinting at another BTC purchase.
BlockBeats News, December 21, Strategy founder Michael Saylor once again released Bitcoin Tracker-related information. According to the previous pattern, Strategy always discloses information about increasing its Bitcoin holdings on the second day after the relevant news release.
14:35
Hassett: The current three-month average of core inflation is 1.6%, Trump seeks a data-dependent candidate among Federal Reserve chair nominees
BlockBeats News, December 21, the Director of the U.S. White House National Economic Council, Hassett, stated, "Currently, the three-month average of core inflation is 1.6%. Trump is seeking a data-dependent candidate among the Federal Reserve chair nominees." (Golden Ten Data)
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