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Happy Wednesday, Zingernation! Bitcoin ETFs been buying so hard, they will overtake Satoshi soon in terms of holdings. Here’s the top 10 BTC holders table.

Today, we look at what Bitcoin is a hedge against, which billionaire wants to join the DOGE department and more.

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TOP STORY

Bitcoin Is A 'Liquid Hedge' Donald Trump Winning The Election But Don't Count On $100,000 In 2024, Analyst Says

You’ve heard plenty of times that Bitcoin is a hedge against inflation.

But that’s not actually true. Neither is it a hedge against money printing.

But it is a hedge against a Trump victory in next week’s election.

That’s right, not a Harris but a Trump victory. Why that is and why Bitcoin bulls should not get too excited about the latest run above $70,000:

Read the full scoop here.

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QUICK N DIRTY

Satoshi Nakamoto is still the largest Bitcoin holder but that could change soon. Bitcoin ETFs have started gaining ground and could catch Satoshi soon. Here’s when.

Bitcoin could hit over $100,000 by January, according to 10x Research. The analysts are confident due to several bullish factors aligning. Here’s what they said.

JD Vance is taping an interview with Joe Rogan today, which will air until Thursday morning. Here’s what Polymarket traders speculate he could mention.

FINTECH FOCUS

Trump's Billionaire Ally Plans To Join Elon Musk's DOGE If Named Treasury Secretary, Recommends Elimination Of These Subsidies

The DOGE department has been getting a lot of attention and sent Dogecoin to new highs this month.

But Elon Musk is not the only billionaire that wants to work in the ‘Department of Government Efficiency.’

John Paulson, one of Donald Trump’s close allies plans to work with Musk on substantial federal spending cuts if he were to be appointed Treasury secretary in a second Trump administration.

He outlined his ideas what he would do with such a mandate.

Read the full scoop here.

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