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Bitcoin News
Cryptonews
1M
387
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Standard Chartered Predicts SOL 5X if Trump Wins Election, BTC $200K Regardless
- Geoff Kendrick of Standard Chartered predicts that a Trump victory could send Solana price soaring fivefold by the end of 2025.
- Under a Trump presidency, ETH could quadruple and BTC could triple in value; a Harris win would favour BTC over ETH and SOL.
- Kendrick suggests a Trump administration would facilitate growth and regulatory ease for blockchain, particularly benefiting Solana.
- Regardless of the election winner, BTC is expected to reach US$200,000.
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23 Likes
Newsbtc
1M
319
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XRP Price Coiling for a Leap: Can It Finally Break Through?
- XRP price is stuck in a tiny range below the $0.550 level.
- XRP price is still stuck in a range above the $0.5080 support.
- There is a connecting bearish trend line forming with resistance at $0.5340.
- The pair could gain bullish momentum if it clears the $0.5360 and $0.5450 resistance levels.
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19 Likes
Coinpedia
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Bitcoin’s Rollercoaster: $60K Revisit Before a Major Breakout?
- Bitcoin has been struggling to break the resistance at $64,000 and is currently trading at $61,176.
- There is a possibility of a double bottom formation in the four-hourly chart, which could lead to a breakout above $65,000.
- The current price is stuck between two liquidity zones, and the direction of BTC's movement depends on traders and investors.
- Whales are potentially waiting for a downward movement to buy the dip before entering the market.
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4 Likes
Cryptonews
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HBO Documentary Reveals Who’s Behind Bitcoin, Claims Peter Todd is Satoshi Nakamoto
- HBO's documentary 'Money Electric' suggests that Canadian developer Peter Todd might be Satoshi Nakamoto based on a 2013 email and an interaction.
- Todd dismisses the theory as 'ludicrous', and the Bitcoin community doubts his identification as Satoshi.
- Early reactions on Crypto Twitter show skepticism towards Todd being Satoshi, with many claiming 'we are all Satoshi'.
- Peter Todd, a respected Bitcoin core developer, denies being Satoshi and calls the documentary's conclusion grasping at straws.
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Bitcoinik
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369
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HBO Documentary Claims Peter Todd is Real Bitcoin Investor
- An HBO documentary claims that former Bitcoin developer Peter Todd is the real identity behind Satoshi Nakamoto.
- Leaked clips from the documentary suggest Todd as the true creator of Bitcoin, but he denies the claims.
- Bitcoin enthusiasts dismiss the theory, stating that all Bitcoin supporters are 'Satoshi Nakamoto.'
- False identifications of Satoshi Nakamoto have happened before with figures like Dorian Nakamoto, Craig Wright, and Elon Musk.
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22 Likes
Medium
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Blockchain Beyond Bitcoin: Revolutionizing Data Security in Various Industries
- Blockchain is a digital ledger of transactions that is distributed across a network of computers.
- Decentralization removes the traditional weak points in a system, making it more resistant to tampering or hacking.
- The healthcare industry is using blockchain to store patient records in a secure, tamper-proof manner and streamline the process of patient data sharing.
- Blockchain is being used to bring trust back into the supply chain by recording every step of a product’s journey, from manufacturing to delivery.
- Blockchain is being adopted by banks and financial institutions to enhance the security of their transactions and reduce the risk of fraud.
- Blockchain could create a transparent and secure voting system where each vote is recorded as a transaction on the blockchain.
- Blockchain offers a new way to safeguard intellectual property by creating a tamper-proof record of ownership and rights and facilitate more efficient licensing and royalty payments for creators.
- Scalability and energy consumption of some blockchain networks as well as regulation remain areas where blockchain faces obstacles.
- Despite challenges, the future of blockchain looks bright, as more organizations adopt blockchain expecting to see significant advancements in how data is secured, shared, and verified.
- Blockchain could be an integral part of how we protect and manage data in an increasingly digital world.
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8 Likes
Cryptonews
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Will Bitcoin Explode or Plunge? “Uptober” Hangs in the Balance!
- Bitcoin struggles as it closes below a crucial weekly support level, signaling bearish momentum.
- The beginning of 'Uptober' is rocky as Bitcoin faces an uphill battle to reclaim resistance.
- Liquidity battles around key levels make it challenging to predict Bitcoin's next move.
- Monitoring the US500 and USDT.D indicators can provide insights into Bitcoin's potential pullback or rally.
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15 Likes
Coinpedia
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Canary Capital Joins XRP ETF Race With US SEC Filing
- Crypto investment firm, Canary Capital, has filed for a spot XRP ETF with the US SEC.
- The ETF, named Canary XRP ETF, allows investors to access XRP through a traditional brokerage account.
- The founder of Canary Capital, Steven McClurg, was the former CIO and Co-founder of Valkyrie Fund.
- Despite the filing, XRP's price remains unchanged and has experienced a modest decline in the past 24 hours.
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14 Likes
Newsbtc
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373
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Bitcoin Failed Attempt To Break $64,000 Could Lead To A Disaster – Analyst
- Bitcoin failed to break above the key resistance level of $64,000, raising concerns of increased risk.
- Top crypto analyst Carl Runefelt highlights the significance of this resistance level for Bitcoin's bullish momentum and Q4 rally.
- Bitcoin's price action in the next few days will determine the overall performance of the broader crypto market.
- Analyst predicts a potential dip to sub-$60,000 if Bitcoin fails to reclaim its previous momentum and important support levels.
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22 Likes
Coin Telegraph
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Building real-world projects using meme-inspired strategies
- Memecoins, fueled by meme-inspired communities, have gained popularity in the crypto market.
- These cryptocurrencies rely on fun communities and memes to attract users and traders.
- The market capitalization of memecoins is over $50 billion, showing the growth and speed at which these communities can expand.
- While memecoins have the potential for viral growth, they also often experience pump-and-dump schemes.
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21 Likes
Bitcoinsensus
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Crypto.com Sues SEC: Accuses Commission of Jurisdiction Misuse
- Crypto.com has sued the SEC, claiming violations of its rights after receiving a Wells Notice accusing it of operating as an unregistered broker-dealer and securities clearing agency.
- The lawsuit challenges the SEC’s authority to classify certain digital assets as securities and parallels Ripple’s ongoing legal battle, emphasizing the uncertainty surrounding cryptocurrency regulations.
- The outcome of this case could have significant implications for regulatory compliance in the cryptocurrency industry and affect how digital assets are classified in the future.
- Crypto.com’s native currency, Cronos (CRO), experienced a small decrease in value following the news, indicating market volatility amid the legal battle.
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19 Likes
Newsbtc
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297
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Shiba Inu Price Set To Rally Over 2430% To $0.000047 As Trend Oscillator Turns Bullish
- Shiba Inu (SHIB) is showing a strong buy signal according to the L3 Banker Fund Flow Trend Oscillator.
- Analyst Cantonese Cat predicts at least a 5x move to SHIB's all-time high, with a potential 2430% increase to a target of $0.00047.
- The L3 Banker Fund Flow Trend Oscillator is a rare indicator that last flashed a buy signal for SHIB in July 2023.
- Reaching the 'crazy target' of $0.00047 would require SHIB to break through multiple resistance levels, representing a 2430% increase from the current price level.
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17 Likes
Coinpedia
1M
193
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MicroStrategy Overtakes Bitcoin With 1,208% Gains: Report
- MicroStrategy, the largest corporate Bitcoin (BTC) holder, has seen significant growth with a gain of over 1,208%, outperforming Bitcoin's 445% gain since mid-2020.
- MicroStrategy began purchasing BTC in August 2020 and has purchased a total of 252,220 BTC at an average price of $39,266, resulting in a profit of $22,985 per Bitcoin.
- The stock price of MicroStrategy (MSTR) has surged by 1,208%, reaching $196.2, just 2% away from its all-time high.
- While MSTR appears bullish with a breakout from a six-month consolidation zone, there is a possibility of a price correction or decline in the near future due to overbought conditions indicated by the Relative Strength Index (RSI).
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11 Likes
Bitcoinist
1M
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Solana, XRP Record Inflows From Institutions As Bitcoin, Ethereum Bleed, What’s Going On?
- Investment funds based on altcoins like Solana, XRP, Cardano, and Litecoin witnessed inflows, while Bitcoin and Ethereum saw outflows from institutional investors.
- Crypto investment funds recorded an outflow of $147 million last week, mainly driven by outflows from Bitcoin and Ethereum products.
- Altcoins like Solana, XRP, Cardano, and Litecoin defied the trend and experienced positive inflows from institutional investors.
- Multi-asset products and Short Bitcoin products received notable inflows, while BNB recorded a net outflow.
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16 Likes
Bitcoinmagazine
1M
297
I Just Entered the Bitcoin Mining Lottery: NIKOLAUS
- Nikolaus, also known as @nikcantmine on Twitter, has received a Bitaxe bitcoin miner and has started solo mining.
- While the miner's hashrate is small compared to the current mining power required to profitably mine bitcoin, there have been instances where solo miners with similar devices have successfully mined blocks.
- Nikolaus acknowledges the low probability of finding a block but finds it fun to run the miner in hopes of hitting a solo block.
- The article mentions the author's interest in using the miner to win a solo block and receive the BTC reward anonymously.
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17 Likes
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