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Bitcoin News
TheNewsCrypto
4w
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Image Credit: TheNewsCrypto
Metaplanet Rolls Up Bitcoin Put Options Netting 5.90 BTC in Profit
- Japanese investment firm Metaplanet has increased its Bitcoin put options, adjusting the strike price to $66K from $62K.
- Metaplanet expects this move to boost its option sale yield and generate an additional premium income of 57.9 million yen ($388,123).
- Metaplanet's total holdings have reached 861.387 BTC after a recent transaction that generated a net income of 5.9095 BTC.
- Metaplanet has gained prominence as 'Asia's MicroStrategy' for its consistent BTC acquisitions and recently purchased an additional 106.976 BTC.
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24 Likes
Newsbtc
4w
98
Image Credit: Newsbtc
Polkadot (DOT) Gearing Up For ‘Massive Breakout’, Will It Skyrocket To $20?
- Polkadot (DOT) has seen a price increase and is gearing up for a breakout.
- Polkadot broke out of a falling wedge pattern and retested the upper trendline.
- Market analysts predict a massive breakout, with a target of $11.46 for the midterm.
- Some investors remain cautious despite bullish forecasts due to DOT's correlation with Bitcoin.
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5 Likes
Coinjournal
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343
Image Credit: Coinjournal
Elon Musk’s Tesla transfers Bitcoin worth $770M to new addresses
- Tesla relocated 11,509 bitcoins, valued at $770 million, to new addresses.
- This marks Tesla’s first Bitcoin transaction since selling most holdings in 2022.
- Tesla remains the third-largest Bitcoin holder among public companies after MicroStrategy.
- The move raises questions about Tesla's future plans for its Bitcoin holdings.
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20 Likes
Altcoinbuzz
4w
401
Tesla Moves 11,509 Bitcoin to New Wallets
- Tesla has moved 11,509 Bitcoin to new wallets.
- The move comes after Bitcoin remained untouched for two years.
- Many believe these wallets belong to Tesla, indicating their commitment to cryptocurrency.
- BlackRock's Bitcoin ETF attracts significant inflows, reaching over $25 billion in assets under management.
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24 Likes
Bitcoinist
4w
325
Image Credit: Bitcoinist
Bitcoin ‘Apparent Demand’ Has Turned Green Again: What It Means
- The Bitcoin 'Apparent Demand' indicator has turned positive again, suggesting an increase in demand for the cryptocurrency.
- Apparent Demand is the difference between production and changes in inventory, with positive values indicating decreasing inventory.
- The metric had slumped to neutral levels during the asset's consolidation phase but has now witnessed a positive spike.
- Another indicator, the Realized Cap of new investors, also signals a resumption in demand for Bitcoin.
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19 Likes
Coinjournal
4w
423
Image Credit: Coinjournal
Bitcoin Dogs (0DOG) price prediction: a potential surge in ‘Uptober’
- October, known as “Uptober,” historically boosts Bitcoin prices significantly.
- Bitcoin Dogs (0DOG) could surge alongside BTC, with predictions of 100X growth.
- Upcoming catalysts include a Telegram game and NFT collection driving demand.
- Analysts predict that 0DOG could see a price range between $0.76 and $1.12 by Q4 2024.
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25 Likes
Bitcoinsensus
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289
Image Credit: Bitcoinsensus
Odds of Donald Trump Winning Have Risen to 57.9% and Kamala Harris 41.8% on Polymarket
- Trump's odds of winning the US election on Polymarket have risen to 57.9%
- Kamala Harris's odds on Polymarket are at 41.8%
- Total bets on the election winner exceed $1.92 on Polymarket
- Polymarket data indicates a significant lead for Trump over Harris
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17 Likes
Bitcoinchaser
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231
Image Credit: Bitcoinchaser
BC.Game Horse Racing Promo: Get Up to $50 in Freebets!
- BC.Game is offering new members up to $50 in freebets for horse racing.
- To qualify, new members need to make their first deposit during the promo period.
- The amount of the freebet varies based on the deposit amount.
- Freebets must be used within 14 days and have a rollover requirement on winnings.
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13 Likes
Bitcoinsensus
4w
160
Image Credit: Bitcoinsensus
Dogecoin: Whale Activity Surges by 1,645% in 24 Hours
- Dogecoin on-chain activity spiked by 1,645% within 24 hours, signaling a notable whale accumulation.
- Large holders added 405.82 million DOGE while deflows dropped by 72 million DOGE.
- Whale accumulation could indicate increased confidence in DOGE and potential price movement.
- The surge in on-chain activity for Dogecoin is a rare disparity, as inflows and outflows usually align closely.
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9 Likes
Altcoinbuzz
4w
423
Matrica Launches Flash: Display Your NFTs on Telegram
- Matrica has launched Flash, a feature that allows users to showcase their NFTs on Telegram.
- Users can display their digital assets, including NFTs, Runes, and Tokens, verified by Matrica.
- Flash Bot is free for any Telegram group, encouraging engagement and discussion about crypto and NFTs.
- In addition to Flash, Matrica has introduced the Token Gating Bot, enhancing user experience across different blockchains.
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25 Likes
Bitcoinchaser
4w
40
Image Credit: Bitcoinchaser
Best Casinos to Play Dead or Alive: Saloon with Crypto
- Dead or Alive Saloon is a live-dealer card game that lets you bet on which card will be drawn from the deck of 104 cards with various bonus cards.
- Using a 104-card deck, the game offers solid win potential and is easy-to-understand and play. Several crypto casinos offer this game.
- Crypto currencies offer anonymity, blockchain technology ensures safety, and exclusive bonuses offered by crypto casinos make it a great choice to play.
- Pick a crypto casino, buy crypto directly on their site or transfer your funds using your crypto wallet to start playing.
- Bounty Hunt bonus offers multipliers up to 200x.
- Balance your risk and find a balance that aligns with your risk tolerance to get the most out of the game.
- Effective bankroll management is essential.
- Start with small bets and gradually increase your stake, especially if you are new to the game.
- If you want to stay in the game, use the All Bet as a safety net.
- Dead or Alive: Saloon is an exciting live casino game with the potential for some serious cash, so give it a shot.
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2 Likes
Newsbtc
4w
129
Image Credit: Newsbtc
Dogecoin Sees Sharp Decline: Over 106,000 Wallets Abandon The Memecoin
- The number of Dogecoin holders has decreased, with over 106,000 non-empty wallets abandoned since October 8.
- Dogecoin's lackluster price performance has frustrated investors, leading them to explore other memecoins with potential for quicker gains.
- While Dogecoin faced a 1% decline in the last 24 hours, TURBO token showed impressive gains in the memecoin sector.
- Crypto analyst Ali Martinez suggests potential for further growth in Dogecoin, with a projection of $10, representing an 84,200% increase from current price levels.
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7 Likes
Cryptoslate
4w
93
Image Credit: Cryptoslate
Marathon Digital explores strategic growth with $200 million loan collateralized with Bitcoin
- Bitcoin miner Marathon Digital Holdings secures a $200 million line of credit from an undisclosed lender.
- The credit facility is backed by a portion of Marathon's Bitcoin holdings and will be used for strategic opportunities and general corporate initiatives.
- Marathon aims to monetize its Bitcoin holdings without issuing additional shares, potentially for purchasing more Bitcoin or covering operating costs.
- Marathon has ramped up its Bitcoin production, producing 705 BTC in September and aiming to expand its hash rate to 50 EH/s by year-end.
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5 Likes
Crypto-News-Flash
4w
187
Image Credit: Crypto-News-Flash
Bitcoin Breaks $67,000: 5 Things You Need to Know as BTC Bulls Target $86,600
- Bitcoin broke crucial resistance levels to hit $67k for the first time since July 29.
- Bitcoin could extend its bullish run into the $80k zone.
- US Bitcoin ETF market recorded a net inflow of $926M in 3 days.
- Bitcoin whales have accumulated 67,000 BTC in the last 30 days, indicating a significant gain.
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11 Likes
TronWeekly
4w
191
Image Credit: TronWeekly
BlackRock Declares Bitcoin Powerful, Massive $1 Trillion Asset Class
- Larry Fink, CEO of BlackRock, sees Bitcoin as an alternative to gold and believes it could become a major asset class.
- BlackRock plans to expand investments into Ethereum, indicating rising institutional interest.
- Fink compares digital assets to the mortgage market, suggesting that better analytics and data will help broaden the crypto market.
- BlackRock's involvement in cryptocurrencies could mark a new era for digital assets and presents a trend to watch for investors.
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11 Likes
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