Bitcoin dropped back to its pre-election price
The Nasdaq fell 5.5% on Thursday, its worst day in about nineteen months, and Bitcoin gave back everything it gained after the midterms. Scott Melker walks through the liquidations, the ETF outflows, and why he thinks Bitcoin is still outperforming.
Samsung Wallet switched on a USDC account on Solana for roughly 82 million US Galaxy devices. Trump Media moved 4,259 Bitcoin to Crypto.com, which is not the same as selling it. The White House began reviewing an SEC draft on crypto broker-dealers. And one wallet permission let the Binance attackers take $2.5 billion in a single transaction.
Timestamps
0:00 Bitcoin erases its post-election bounce as markets sell off
1:25 More than $1 billion in liquidations and 211,000 traders
2:24 Why fears about AI regulation triggered the worst day since April
4:24 The Nasdaq, the S&P and the semiconductor index by the numbers
5:43 October payrolls come in hot and December hike odds rise
6:26 Why Scott thinks Bitcoin is still outperforming
7:13 Trump Media moves 4,259 Bitcoin to Crypto.com
8:22 The White House reviews an SEC crypto broker-dealer draft
9:41 Samsung Wallet adds a USDC account on Solana
11:54 Zcash activates NU7 and cuts block times to 25 seconds
13:03 How one wallet permission moved $2.5 billion out of Binance
#Bitcoin #Crypto #Nasdaq #Samsung #Binance #DailyWolf #YahooFinance
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