Crypto News: Wen $100k Bitcoin? XRP, ADA, HBAR, Trump's BULLISH Picks & More!

"exchange balances were falling... almost near record lows so the supply Supply shock income being Inc com in"

"I don't think that we this was a gamma squeeze last week it was just the options launching gamma squeezes um happen around expiry dates when um an option is in the money and uh the dealers have to go out and hedge their Delta... in these particular moments where you have these expiries and there's this massive rally in Bitcoin they need to go out more and more and they face this gamma squeeze where they squeeze to be able to and they'll need to buy more and more spot to be able to hedge their Delta right and um this is actually something in tradire often uh we saw the Robin Hood um uh remember that gamestock in the gamestock days where Not only was squeeze on the stock but also in the options because all these retail buyers were buying options right and given that these are ibit these ibit options are probably going to be listed as well on um on uh uh you know on Robin Hood and these retail apps so retail investors May uh you know have face another gamma squeeze so it's definitely one of these things that could"

"once we hit that 100K level there's going to be a lot of uh selling again right this is what's seen in the order book right so it is going to be a resistance point this 100K level"

"it's going to be tough to break through the 100K but once we do break through those walls of liquidity once people when new retail do start coming back in things could turn around yeah yeah so it seems I mean I've seen people I've seen people you know whose opin I I I generally respect a lot saying you know the road to 100K is going to be tough but kind of after that potentially you know it could it could really sort of run and run you know that sense of kind of breaking through that 100K wall and then you almost have um to an extent kind of a clear field beyond that"

"I mean I think it's 10th of December I don't exact know the exact date but um uh yeah once that that when that vote comes to it it's still the fact that it's there they having the vote you know yeah yeah I always think of um I always think of satoshi's quote which we've got uh framed in the office somewhere um it might make sense just to get some in case it just in case it catches on just a r day fund just R Ry day fund of Stack your sets you know yeah yeah I think saor I think sailor should just just Barrel into the Microsoft boardroom with with with that and just and just say you know just go from there it's like look guys get it while you can get it while get it while you can or I will yeah otherwise I'm want to buy it micro strategy stock micro strategy Bitcoin Holdings are worth more than the cash balances on Dell's B on Dallas balance sheet it's also great wow and Michael Dallas himself he's flirted with the idea of his question or asked about Bitcoin on Twitter as well so he's he's pondering it so you know maybe this could be the impetus that gets him across the line yeah yeah well it it feels very much like a question uh of of when not if um so this is this is exciting times"

"the sec's lawsuit against Ripple could probably be dropping pretty soon especially if we get a pro crypto a commissioner"

"I'm kind of at the moment I don't know whether it's just because xrp is pumping so much but I'm seeing sort of a lot more talk about maybe the next one being xrp"

"we've got a pro crypto nominee for the treasury uh this is a um a hedge fund manager uh called Scott bessent um who has been uh nom who's been put forward as treasury secretary"

"Howard lutnick he is being uh I think he's been put forward for Commerce Secretary"

"Brian Armstrong um there's talk that he is going to meet with Trump if he hasn't already uh to discuss sort of crypto and crypto appointments I mean this as well would just the news that this is happening which would have been Unthinkable I think under under the Biden Administration then this is this is bullish in and of itself yeah and I think he's probably one of the best candidates to put there to be honest I think that um yes he does run an exchange but like um you know the fact that Trump is wanted to and there's also this talk of this crypto are kind of thing you know and I think that this is something that uh yeah just completely Unthinkable in the Biden Administration right what a what a shift what a shift that's why I say this bton window in terms of like what cryptocurrency is into the to the broader Society it's just completely shifted"

"this is the idea of a dedicated crypto post uh at the White House a crypto uh you know a cryp toar or whatever you would call them um and again this is the sort of thing that just would have been absolutely Unthinkable so it'd be quite interesting to quite interesting to see who would get that"

"I would say I would say Ryan cus has probably earned it um so maybe maybe that could be his next role"

"I think there's also talk just before just before we move on to last week's top gainers I think there's also talk um that Trump May uh replace um Rustin Benham at the cftc"

"today uh 25th of November uh voting Begins for I'm not sure how you pronounce this jupu um this is related to Jupiter um on salana uh this is um a big a big airdrop is supposedly uh in the works for jup holders um so I think you know voting begins on that today so that's something to watch taking place in February I assume is that why why is it okay yeah I think um but yeah the voting the voting process begins"

"tomorrow we've got str strr s stocket so they're launching St strk stake in launch on Main net so this is obviously an opportunity to create more use cases for the stock token which definitely needs more demand given how badly it's been performing over the past few months out of that pretty contentious airdrop um a few months ago and it's a layer to but this is obviously created great demand for it because people can now stake their stock to earn more so that's obviously com on the number 26th"

"30th of November this is a very important one we've talked about this a few times uh we've got the Athena uh fee switch proposal um now this is something winter through proposal I think it was the 5th of November to um some of the protocol fees proposed portion of the protocol fees that the ethena revenue the ethena protocol earns are used to reward stakers of Ena so another demand case for Ena and especially if the USD growth continues and there's going to be more demand to stake Ena this could be recruiting back to the users so this is natural value acral to the Eno holders and stakers"