GM Explorer,

Bitcoin shatters records, closing November at $96K with a 38% surge! Dive into what’s fueling this rally and what’s next for crypto.

Here’s what we got for you today:

• 🚀 Bitcoin's "Moonvember" milestone!

• 🤔 $5.34 billion in Bitcoin withdrawn: What’s going on?

• 🔎 Market Insight

• 🧱 Around the Block: MicroStrategy outperforms Bitcoin this year.

🚀 Bitcoin's "Moonvember" Milestone!

Bitcoin's record-breaking monthly close has taken the market by storm!

Recent statistics reveal that Bitcoin has marked its highest-ever monthly close with a jaw-dropping $96,047.62, showcasing a phenomenal $26,000 candle and an impressive 37% surge throughout November.

With this remarkable performance, enthusiasts are now setting their sights on a potential target of $146,000.

However, the much-anticipated leap over the $100,000 psychological barrier remained out of reach in November.

Nonetheless, November’s huge price rally, marked by a $26,000 jump in Bitcoin's value, reveals an undeniable surge in confidence within the crypto space.

This can be seen in the rising institutional interest in BTC.

More and more investors are flocking to Bitcoin, driven by the uncertainties in traditional finance and the spiking inflation.

Whatever the reason, this newfound enthusiasm is bolstering the demand for Bitcoin and reinforcing its status as "digital gold."

So, what's the takeaway?

Following this extraordinary Moonvember, Bitcoin's future looks incredibly bright, and we can’t wait to see where this journey takes us next.

For an even deeper dive into "Moonvember," click here!

🤔 $5.34 Billion in Bitcoin Withdrawn: What’s Going on?

Bitcoin is having a serious moment, folks — In just 72 hours, over 55,000 BTC (worth a jaw-dropping $5.34 billion) were pulled from exchanges.

But before you start imagining a dramatic crypto heist, relax—it’s not that.

This is the work of whales (a.k.a. mega-rich investors and huge institutions like MicroStrategy and Metaplanet) feasting on Bitcoin like an all-you-can-eat crypto buffet.

And honestly, who can blame them? In the past month alone, Bitcoin’s price has surged 34%, fueled partly by Trump’s election victory.

Now, let’s tackle the burning question: Are these whales cashing out already?

Probably not. Sure, coins can go back on exchanges just as quickly as they leave, but this feels different.

Chances are that $5.34 billion in Bitcoin is headed to cold storage wallets, which indicates a long-term hold plan.

In other words, these investors aren’t planning on selling anytime soon because they know the bull run is just getting started.

And will this move shake up the market? Oh, absolutely.

With so much Bitcoin leaving exchanges, the supply is shrinking, and when demand stays high, you know what happens next—prices climb.

Some are even whispering that this could be the push Bitcoin needs to finally hit that elusive $100K milestone and maybe even surpass it.

Bottom line: Bitcoin is no longer just a speculative gamble. It’s becoming a cornerstone asset for investors and institutions, who now consider it a must-have strategic reserve.

Love it or hate it, one thing’s clear: Bitcoin is here to stay!

Want the full scoop? Get the details here.

🔎 Market Insight

Big legacy coins like XRP, EOS, and Algorand have been rallying significantly.

While this upward movement is encouraging, pursuing coins that have already surged is typically not the best strategy.

It’s often better to focus on coins from sectors that haven't yet seen a rally but possess strong fundamentals that could drive them forward when the narrative shifts in their favor.

A prime example of this is Ethereum (ETH).

Many investors are losing faith in it; some label it a "dead coin," and others have sold their positions in search of other coins that are currently gaining momentum.

However, that would be a mistake because ETH is at a critical inflection point.

Historically, December and January following a Bitcoin halving have been periods when Ethereum tends to begin a significant upward trend.

🧱 Around The Block

• MicroStrategy outperforms Bitcoin this year.

• Coinbase’s Brian Armstrong calls AML regulations a U.S. policy failure and believes Elon Musk can fix it.

• Cardano’s Charles Hoskinson apologizes to rival ecosystem and calls for unity in 2025.

• Powerful New York regulator may greenlight Ripple RLUSD Stablecoin this week.

• 2.1 Million XRP Tokens were now executed on Binance, drawing attention from the crypto community.

• MicroStrategy's imminent inclusion in the Nasdaq 100 could reportedly spark up to $2B in fund inflows.

That's all we've got for you today.

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Catch you soon.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions.