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Newsbtc

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Ethereum’s Positive Funding Rates Push Price Near $4K—Are There Any Downsides?

  • Ethereum's price has climbed above $3,400, signaling a potential push towards $4,000 and a new all-time high.
  • Positive funding rates for Ethereum futures indicate strong demand and bullish sentiment among investors.
  • However, elevated funding rates may suggest an overheated market and increased risk of liquidation.
  • Investors are advised to exercise caution and adopt strategies to mitigate potential risks.

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Cryptonews

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$50K Profit in Days! What’s Next for Bitcoin and Alts?

  • Empire Co-Owner Mathew Ceddia landed $50K worth profit after Bitcoin surpassed $88K and went long on Bitcoin.
  • Bitcoin may become a strategic reserve asset as Trump’s election victory became more likely and with Republicans holding in the House, Senate, and White House.
  • The Bitcoin Strategic Reserve Bill proposes that the Treasury buy up to 200,000 Bitcoins per year for five years.
  • Bitcoin dip may affect alt markets due to their strong correlation to BTC’s prices. Staying nimble and smart risk management is key.
  • Empire’s Complete Traders Course can help traders sharpen their trading skills and refine their approach.
  • Bull markets offer both risk and reward. Knowing when to secure wins and taking profits is key.
  • Leverage trading requires skill and understanding of the market. Risk management is very crucial in high-volatility moments.
  • The information in this article should not be considered financial advice. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.
  • The markets are heating up, and Bitcoin may be on track to become a U.S. strategic reserve asset.
  • Empire Crypto Academy provides beginners with simple and straightforward trading strategies, chart analysis, and exchange navigation courses.

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Coinpedia

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Why is Bitcoin Price Up Today?

  • Bitcoin's price has surged to nearly $90,000, breaking historic records.
  • Bitcoin's market capitalization now surpasses that of all above-ground silver.
  • Growing institutional interest is expected to support Bitcoin's price in the coming months.
  • Market optimism stems from expectations of pro-crypto policies under the Trump administration.

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Newsbtc

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BitMEX Founder Predicts How Bitcoin Goes To $1 Million Under Trump

  • Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX, predicts Bitcoin could soar to $1 million due to forthcoming US economic policies under Donald Trump's second term.
  • Hayes argues the US is moving towards an approach that retains power regardless of whether policies are capitalist, socialist or fascist, which is the hallmark of Chinese policy.
  • Hayes believes policies focused on re-shoring critical industries to the US, financed by government spending and bank credit growth, will cause significant inflation and currency debasement, which will adversely affect holders of long-term bonds or savings deposits.
  • Hayes advocates for investing in assets like Bitcoin and gold to hedge against this potential inflation and currency debasement.
  • Hayes explores potential regulatory changes such as exempting banks from the Supplemental Leverage Ratio (SLR), which would allow them to purchase an unlimited amount of government debt without additional capital requirements, thereby paving the way for infinite QE directed at productive sectors of the economy.
  • Hayes believes the combination of aggressive fiscal policies and regulatory changes will result in an explosion of bank credit, leading to higher inflation and a weakening US dollar. This is how Bitcoin goes to $1 million, as the most fiat money in history will be chasing a safe haven.
  • Hayes urges investors to position themselves accordingly in anticipation of these macroeconomic shifts, by getting long and staying long.
  • Hayes backs his claim by referencing his custom index that tracks US bank credit supply, demonstrating that Bitcoin has outperformed other assets when adjusted for bank credit growth.
  • Bitcoin stands to benefit the most due to its scarcity and decentralized nature.
  • At press time, BTC traded at $87,660.

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Cryptopotato

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Nano Labs Seeks Financial Boost with Bitcoin Payments Amid Financial Struggles

  • Nano Labs, a Chinese fabless integrated circuit design company, has announced that it is accepting Bitcoin payments for its products.
  • The decision to accept Bitcoin comes at a time when the company is facing financial struggles, including a decline in its stock performance.
  • Nano Labs aims to tap into the growing trend of cryptocurrency adoption and boost its position by accepting Bitcoin payments.
  • Companies like MicroStrategy, Semler Scientific, and Metaplanet have experienced stock surges after adopting Bitcoin, and Nano Labs hopes to replicate similar results.

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Newsbtc

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Bitcoin Price Prediction: Analyst Sets $320,000 Target As Wave 5 Begins

  • Bitcoin price breaks out of resistance and aims for $320,000 threshold
  • Crypto fear and greed index points to extreme greed
  • Analyst identifies bullish Wave 5 formation in Bitcoin's price chart
  • Projected target range between $220,000 and $320,000

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Nigeriabitcoincummunity

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PAWS Telegram Mini-app – Airdrop Worth $1000

  • The PAWS Telegram game is gaining attention for its potential to offer massive airdrop rewards to users.
  • Within just three days of its launch, PAWS attracted 10 million users, skyrocketing its total user base to over 32 million.
  • PAWS aims to reward active participation within the Telegram mini-app ecosystem, particularly the OGs.
  • PAWS points can be earned by completing in-game activities, sharing referral links, and voting for partnered projects.

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Bitcoinsensus

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XRP Hits Highest Level Since February, Boosted by Trump-Garlinghouse Alleged Meeting

  • Ripple's XRP surged nearly 18% in value within 24 hours, reaching $0.72.
  • The asset's market capitalization now exceeds $41 billion, marking its highest level since February 2024.
  • Ripple CEO Brad Garlinghouse's alleged meeting with President-elect Donald Trump could influence future cryptocurrency regulations, potentially benefiting XRP.
  • If XRP overcomes the $0.73 resistance level, it may attempt to reach $1.00.

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Bitcoinsensus

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Tether Mints $6 Billion USDT Amidst Bull Market Run

  • Tether minted $6 billion USDT since November 7th, bringing its market cap to $124.13 billion, reflecting the bullish market.
  • Digital assets, including Bitcoin and Dogecoin, have been experiencing a strong bullish momentum since the November 5th US election.
  • Tether announced the development of a Wallet Development Kit (WDK) for integrating non-custodial Bitcoin and USDT wallets into various applications.
  • The WDK allows users to maintain full control over their assets without relying on third-party custodians, promoting more USDT adoption.

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Insider

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Stock market today: Election rally stumbles as bond yields spike ahead of key inflation data

  • The postelection rally in the stock market stumbled as bond yields spiked ahead of key inflation data.
  • Some parts of the Trump trade, such as bitcoin and the US dollar, continued to gain, while equity indexes retreated from their previous highs.
  • The surge in bond yields, with the 10-year Treasury yield rising 13 basis points, impacted the market and raised concerns about potential interest rate cuts.
  • Economists expect a 2.5% year-over-year increase in consumer inflation data, with debates on whether interest rates will remain higher for longer due to potentially inflationary impacts of Trump's policies.

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Insider

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Bitcoin approaches $90,000 as post-election record streak rages on

  • Bitcoin approaches $90,000 as post-election record streak continues.
  • Bitcoin has climbed 18% in the last five days fueled by excitement for Trump's second term.
  • Bets on bitcoin surpassing $100,000 by year-end are increasing.
  • Total crypto market value reaches $3 trillion with even meme-coins like dogecoin surging.

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Newsbtc

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Dogecoin Price On The Move With $0.4484 Breakout in Bulls’ Crosshairs

  • The Dogecoin price is aiming to break through the key resistance level of $0.4484, signaling renewed bullish momentum.
  • Bulls are determined to push through this barrier as market sentiment shifts in their favor.
  • Technical indicators, such as the 4-hour RSI and bullish candlestick patterns, support the positive trend.
  • Breaking through $0.4484 could lead to further gains and target the next resistance at $0.5920.

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Bitcoinchaser

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An Extensive Look at Duelbits VIP Program

  • Duelbits' VIP program offers 31 VIP levels, Ace's Rewards and several benefits, including faster leveling up, automatic bonus distribution, VIP lounge, and comprehensive support.
  • To move up the 1st level, players must wager $200. Wagering greater amounts & completing smaller milestones lead you to progressively higher VIP levels.
  • Ace's Rewards include Instant Bits, Daily Bits, Weekly Bits & Monthly Bits, all of which depend on players' wagers over different periods and instant rakeback of 10% of their wagered house edge.
  • With their recent update, the level-up system starts with 5% rakeback and each achieved level increases players' rakeback percentage by 0.25%.
  • The unclaimed bonuses are not lost, they get automatically added to the next 10 milestones, each carrying 10% of the previous bonus.
  • For sportsbook rakeback, rewards can be instantly, daily, weekly, or monthly, and will be based on a 1% house edge for any sportsbook bets.
  • With benefits like bigger rewards, faster level progression, automatic bonus distribution, players can easily unlock perks as they move up and make their gambling experience truly unforgettable.
  • Duelbits' VIP program continuously rewards players, making it an excellent choice for anyone looking to enhance their gambling experience.
  • Comprehensive and reliable support is available for all platform features, ensuring you have the correct information, especially regarding any updates in the VIP program.
  • Overall, the Duelbits VIP program provides committed players with a more rewarding and unforgettable gambling experience as it offers several features for a better VIP experience.

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Coinpedia

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Can India Afford To Ignore Bitcoin? Bernstein Asks In A Latest Note

  • Bernstein poses the question of whether India can afford to ignore Bitcoin in its latest note.
  • Bernstein urges Indian government to consider Bitcoin as a strategic reserve asset.
  • The note discusses the US shift towards Bitcoin and crypto under the new crypto-friendly President-Elect Trump.
  • Bernstein encourages the Indian government to develop a national Bitcoin policy, highlighting its urgent and strategic importance.

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Pymnts

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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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