# myfavoritecrypto2024

US Election Reflects Unusual BTC Market Dynamics, Says PanteraPantera predicts that the upcoming US election will not impact Bitcoin's market similar to last year's US spot Bitcoin ETF launch. The traditional strategy of 'buy the rumor, sell the news' seems ineffective in this context.
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https://www.gate.io/live/video/7cb9a347c4064e8ca0e5a88c87c56fcf?type=live&ref=UwNDBFoM&ref_type=104

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Insider Wallets Allegedly Profited $20M from Solana’s FOCAI LaunchOver 15 insider wallets reportedly amassed 60.5% of FOCAI tokens, reaping a 136,000-fold return.
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VeChain's Potential Bull Run: Key Indicators AnalyzedRecent analyses highlight key indicators suggesting a possible bull run for VeChain. These indicators include rising trading volumes and increased investor interest.
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Glassnode Reports Surge in New BTC Investors Bolstering Support LevelsGlassnode data, reported by Bitcoinist, shows a significant increase in BTC ownership by new investors, contributing to 49.6% of network liquidity. Despite market panic, these new participants are helping BTC maintain above the crucial $92,000 support level.
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Sei EVM Adds 5 Million Addresses in 30 Days, Sets RecordChainCatcher reports that on-chain analyst @0xhess stated Sei EVM added 5 million addresses in 30 days, setting a new record with these addresses contributing 80-85% of activity, totaling over 10 million.
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Sola AI Launches SOLA Token with $11.2 Million Market CapSola AI, an AI voice assistant in the Solana ecosystem, has launched its SOLA token, valued at $11.2 million. The price is set at 0.01123 USDT, with 5% of tokens allocated to the team, locked for six months.
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Canada's Crypto Industry Grows Amid Lessons from U.S. Elections
Following the success of the U.S. elections, Canadian digital asset companies are striving to increase crypto advocacy without endorsing specific candidates, aiming to expand their community's involvement. Despite not being a political focal point, Canada plays a significant role in the crypto world, with Ethereum originating there and hosting the first Bitcoin ETF.
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Bloomberg Analyst Foresees Positive Outlook for Altcoin ETFs
Bloomberg's senior ETF analyst, Eric Balchunas, shared on Platform X that the success of Bitcoin ETFs may lead to niche success for altcoin ETFs. He compared Litecoin to Local H, Solana to Ezra, XRP to Spacehog, and Doge to King Missile
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#GT Hits ATH – What’s Next?