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BeingInvested Daily: Bitcoin Breaks $70k and $100K Energy Mark, Binance Woos the Wealthy, and Bhutan’s BTC Sale

Woke up to a whole new shade of green today—bull green. Bitcoin just breezed past $71,000, and it wasn’t your typical “maybe we’re recovering” jump. This was the kind of surge that makes you double-check your wallet to make sure it’s real.

So, what’s behind this rocket-fueled rise while we were busy doomscrolling and debating rate hikes? Let’s break down the action and dive into today’s top crypto headlines.


Global Market Overview

• Global Market Cap: $2.36T ▲ 1.27% (24h)

• 24H Market Volume: $98.65B ▲ 69.05% (24h)

• Bitcoin Dominance: 59.7% ▲ 1.42% (24h)

• Fear & Greed Index: 60 (Greed)


$BTC + Altcoins Price Update

$BTC: Sentiment Bullish
Key Resistance: 74,000
Key Support: 70,000

$ETH Sentiment Bearish: Below EMA 200 on Daily TF
Key Support: 2,280
Key Resistance: 2,850 (Need to flip this level

$SOL Sentiment: Bullish
Key Support: $135
Key Resistance: $190 Levels.

$SUI Sentiment: Bullish
Key Support: $1.65
Key Resistance: $2.35 (Recent ATH)

$DOGE Sentiment: Bullish
Key Support: 0.08
Key Resistance to explode: 0.23 levels (Need to flip these levels to explode)

Heatmap of Top 100 Coins (24h)

RSI Map of Top 150 Coins (4h)


Memes that hold mindshare long term will be the pinnacle of this super cycle.

Trending Memecoins 🦄


DOGE Price Explosion 🦄

A casual mention of "Government Efficiency" at Trump's Madison Square Garden rally just sent Dogecoin on a wild ride, pushing its value past $0.16 and its market cap above $24 billion.

Breaking free from its usual $0.08-$0.12 dance, the meme coin shot up 15% in 24 hours. Trading volume exploded past $2.5 billion, suggesting some serious money is moving around.


$BTC Kaiko: For the first time since March 2024, the share of BTC's 2% market depth on U.S. exchanges has surpassed 50% relative to offshore exchanges.


Bitcoin Insights

-  Bitcoin’s Energy Value Hits Historic $100K Mark

- Arkham: The government of Bhutan is selling $BTC


Rich - Rekt Alerts

- Venture Giants a16z, Paradigm Back Beba in Legal Battle Against SEC

- DOJ Charges AurumXchange Operator with Silk Road Money Laundering

- Bloomberg founder donated $50 million to Harris.

- Trader exchanged $281K for $1.1M.

- A hacker hacked Andy Ayrey

- CZ's wealth increased by 90 billion yuan compared to last year and reached 135 billion yuan.


News / Project Updates

- Meta, according to insiders, is creating its own AI-based search engine.

- Cardano CEO announced that Cardano L1 will become Bitcoin L2.

- MANTRA partnered with Google Cloud

- Binance Launches Wealth Service for High-Net-Worth Clients

- $STX - Nakamoto update successful activated on the Stacks mainnet.

- Mantle have opened the COOK brand.

- Nvidia unveils Collosus, the world`s most powerful AI computer

-Larry Fink says "We're going to have at least" another 25bps interest rate cut


Fundings

- PumpBTC has completed a $10 million seed funding

- Sequoia Capital, which owns 16% of the Bridge platform, could receive >$100 million from Stripe's deal to acquire Bridge.


Election Forecast

Trump's lead is at a record high 21% on Kalshi with just one week left to go!


That’s a wrap for today! With Bitcoin hitting fresh highs and market momentum picking up, it’s safe to say the bulls are making some noise. Whether you’re riding the wave or watching from the sidelines, the crypto space is buzzing with action.

Keep an eye on the charts, stay informed, and we’ll catch you in the next edition for all the latest moves. Happy trading!


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