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Bitcoin News
Pymnts
1d
209
Image Credit: Pymnts
Bitcoin Approaches $90K as Crypto Fans Rally on Trump Presidency
- The price of bitcoin approached $90,000, driven by enthusiasm for a pro-crypto White House under the Trump presidency.
- Tesla also surged 40% since the election, as investors expect Trump's interests and allies, including Elon Musk, to flourish.
- Trump's reelection campaign embraced digital currencies, aiming to tap into the financial resources of the crypto sector.
- There is speculation that the SEC may take a more hands-off stance on crypto under a new chair appointed by Trump.
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Newsbtc
1d
209
Image Credit: Newsbtc
Bitcoin Weekly RSI Entering Power Zone – Last Time BTC Soared 80%
- Bitcoin experienced an explosive surge, reaching a new all-time high at $89,980.
- Renowned trader Cheds notes that Bitcoin's weekly RSI is nearing the 'overbought' zone, which historically indicates bullish momentum.
- Investors are anticipating a possible pullback for fresh positions, but the current price action remains bullish.
- Bitcoin's price structure suggests it may target the $100,000 milestone, with a potential retracement to establish a robust demand base.
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Bitcoinist
1d
228
Image Credit: Bitcoinist
Strategic Bitcoin Reserve Can Be Done In Trump’s First 100 Days: US Senator
- US Senator Cynthia Lummis of Wyoming believes that a strategic Bitcoin reserve could be established in the first 100 days of the incoming Trump administration.
- Lummis introduced the Bitcoin Act, proposing the establishment of decentralized storage facilities to securely hold Bitcoin reserves.
- The bill suggests the US Treasury to purchase 200,000 BTC annually over five years, totaling one million BTC, and to consolidate all BTC currently held by the US government into the new reserve.
- The proposal has generated considerable buzz and significantly impacted the market, with BTC price reaching an unprecedented high of $89,940.
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TechBullion
1d
206
Image Credit: TechBullion
Yaroslav Ivanov’s Vision on Bitcoin Shortage and the Role of Financial Giants
- As financial giants like BlackRock enter the Bitcoin market, a potential shortage of Bitcoin has emerged. This has significant implications for institutional and retail investors alike.
- At the forefront of the blockchain industry is Yaroslav Ivanov, Chief Visionary Officer at ALTA - Blockchain Labs. He has played a crucial role through consulting, strategic partnerships, and selecting promising startups for investment.
- Yaroslav was a pioneer in advocating for education within the blockchain space, recognizing its importance in fostering a knowledgeable community. His exceptional networking abilities have facilitated collaborations with leading blockchain projects.
- His insights into the evolving dynamics aim to support informed decision-making for both institutional and individual investors, contributing to the responsible growth of the industry.
- Bitcoin ETFs have accumulated 247,018 Bitcoin since their inception, nearly doubling the 124,212 Bitcoin mined during the same timeframe.
- Yaroslav interprets this widening gap between demand and supply as a significant indicator of the future trajectory of the cryptocurrency market.
- Yaroslav emphasizes the importance of maintaining a balance to ensure individual investors are not overshadowed by the dominance of major players in the space. This is crucial to prevent potential monopolization and accessibility problems for smaller investors.
- As institutional investors pour capital into blockchain technologies, their participation signals growing legitimacy for the industry and boosts the development and innovation of blockchain projects.
- However, careful balancing of the interests of both institutional and individual investors will be crucial to maintain a healthy market environment.
- Yaroslav's selection as a speaker at prestigious industry events underscores his role as a key contributor to the industry’s evolution and enhances the prestige of ALTA Blockchain Labs within the global blockchain community.
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Stackexchange
1d
369
Image Credit: Stackexchange
xpub master pub key view only wallet shows different balance than seed generated wallet with same pub key? also different addresses
- The user generated a new Electrum wallet (WEL) on 3/3/24.
- They imported a view-only wallet using the xpub key from WEL in BTCPay Server.
- The BTCpay view-only wallet (WELBTC) shows a balance, but the seed-generated Electrum wallet (WEL) shows a zero balance.
- When using the pub key from WEL to generate a view-only wallet in Sparrow or Electrum, it shows a balance.
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Hackernoon
2d
252
Image Credit: Hackernoon
The HackerNoon Newsletter: The Big T (11/12/2024)
- Tim Berners-Lee published a formal proposal for the World Wide Web in 1990
- First images of Saturn's rings captured in 1980
- Columbia Returned to Space on the STS-2 Mission in 1981
- The top quality stories include Deadline Extended for AI-chatbot Writing Contest, the Impact of Donald Trump's Return to the White House on Bitcoin, How AI Killed LinkedIn's Top Voices Program, The Big T - a story about Trump, Tesla, and Technology, and The Reality of Digital Nomads defying Sight and Sound.
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99Bitcoins
2d
3
US CPI Tomorrow: What To Expect Amid Crazed Bitcoin Rally?
- US CPI tomorrow is an important macroeconomic moment for the economy inherited by the Trump administration.
- Forecasters expect a 2.5% YoY CPI tomorrow, a slight uptick from the previous reading of 2.4%.
- Steady core inflation of 3.3% is predicted, with potential sources of upside inflation risk in the coming years.
- The market is cautious about inflation rumors, with the Dow, S&P 500, and Tesla showing slight dips.
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Cryptonews
2d
323
Image Credit: Cryptonews
Trump isn’t the only ‘story’ driving Bitcoin’s price higher, says exec
- The recent surge in Bitcoin's price is not solely driven by Donald Trump's election victory but also by a post-halving supply shock.
- The Bitcoin halving in April reduced block rewards, leading to a supply shock and increasing demand.
- Onchain analyst James Check predicts that Bitcoin, with its scarcity and strong holders, will continue to rise in value.
- American financier Anthony Scaramucci believes it is still early for Bitcoin and expects more countries and institutions to adopt it.
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Bitcoinist
2d
295
Image Credit: Bitcoinist
Bitcoin Outshines Silver, Claiming 8th Largest Global Asset Title With $1.76T Valuation
- Bitcoin has claimed the title of the 8th largest global asset with a market valuation of $1.76 trillion, surpassing silver.
- The price of Bitcoin has surpassed $89,000, marking an 11.3% increase and pushing it to the 8th spot on the list.
- This milestone reflects growing public acceptance of Bitcoin and its role as an alternative to traditional assets.
- The surge in Bitcoin's value is attributed to bullish sentiment from institutional investors and the incoming US president's crypto-friendly policies.
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99Bitcoins
2d
210
What’s Going on With Oasis (ROSE)? Here’s The ROSE News You Missed While Shitcoining
- ROSE, the coin behind Oasis Network, has been rallying, up 37% at press time.
- Traders view the pullback as an opportunity to buy more and expect a clean break above local resistance.
- Oasis Network has formed strategic partnerships and expanded its privacy features and AI capabilities.
- The team has launched protocols, promoted the project, and attended summits.
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Coinjournal
2d
362
Image Credit: Coinjournal
Bernstein Urges Investors to Buy Crypto as It Predicts $200k per Bitcoin in 2025
- Asset management firm, Alliance Bernstein, advises investors to buy cryptocurrency as analysts predict major altcoins to outperform Bitcoin in the next 12 months.
- Bitcoin broke the $82,000 level and reached a new all-time high of $89,000.
- Increased institutional interest, driven by purchases from companies like MicroStrategy, and a friendlier regulatory environment are contributing to Bitcoin's rise.
- Research analysts from Bernstein believe Bitcoin will reach $200,000 in this cycle, with major altcoins like Ethereum and Solana outperforming Bitcoin in the near future.
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Coinpedia
2d
50
Image Credit: Coinpedia
Robert Kiyosaki’s Strategic Plan To Acquire BTC: He Will Stop Buying After This Point
- Robert Kiyosaki plans to keep buying Bitcoin until it surpasses $100,000.
- He advises against getting greedy during this price surge.
- Kiyosaki emphasizes the importance of acquiring more coins rather than focusing only on price.
- He holds 73 Bitcoins and aims to own 100 regardless of the price.
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Newsbtc
2d
97
Dogecoin Price May Explode By 10,200% Based On Classic Chart Pattern: Expert
- Prominent macroeconomist Henrik Zeberg predicts a potential surge in Dogecoin price based on technical analysis.
- Zeberg identifies the 'Rounding Bottom' chart pattern in Dogecoin's monthly chart, indicating a shift towards a bullish trend.
- He highlights the resistance level at $0.49 as the first price target for DOGE to confirm the pattern.
- Using Fibonacci levels, Zeberg predicts future price targets for Dogecoin, including a potential gain of 10,200% reaching $29 in a mania phase.
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Altcoinbuzz
2d
144
Vitalik Buterin on Prediction Markets and Info Finance
- Prediction markets are seen as a gambling tool but Ethereum’s co-founder, Vitalik Buterin views them as an information platform that can be helpful in fields other than voting processes.
- Prediction market can decide the best policies for society in Futarchy an alternative governance system.
- Prediction markets have something unpredictable on stake, which sets them apart from regular news and opinion polls and make the resulting market odds more credible.
- Vitalik is interested in Polymarket, a platform that allowed people to bet on who would triumph and updated probabilities based on the election in real-time, providing less distorted images of the odds.
- Prediction markets are just a small part of Vitalik’s vision of info finance, a model where prediction markets could be used as incentives to reveal helpful information for governing, scientific research, social media, and content moderation.
- The use of artificial intelligence could create a larger market in which minor, niche questions could be predicted.
- Info finance could be used to help decentralized autonomous organization (DAO) governance by allowing prediction markets to suggest likely outcomes.
- Prediction markets could provide quick insight into credibility in scientific research.
- The future of info finance could be instrumental in identifying projects that contribute to public goods funding.
- Vitalik’s vision is that info finance can bring to science, governance, and public trust an opportunity to create a new way to source credible information and make decisions.
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Coinpedia
2d
163
Image Credit: Coinpedia
Bluntz’s Bull Market Predictions for Major Cryptos: Bitcoin, Ethereum, and Solana
- Bluntz, the insightful analyst renowned for his accurate forecast of the 2018 Bitcoin bear market bottom, has shared his optimistic targets for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Floki (FLOKI) in the current bull market.
- Bluntz believes Bitcoin is in the midst of a significant fifth-wave rally, with a target range of $130,000–$150,000. He expects a slight pullback to $80,000 before Bitcoin continues its upward trajectory.
- Bluntz sees Ethereum reaching new highs and has a target of $8,000 for ETH, driven by its role in the decentralized finance (DeFi) ecosystem and recent advancements in scaling solutions.
- Bluntz sets a bull market target of $500 for Solana (SOL) due to its increasing prominence and user adoption as a high-speed, low-cost blockchain.
- Bluntz highlights the memecoin Floki (FLOKI), which recently broke out of a three-month accumulation period, and predicts a potential rally to new all-time highs.
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