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Bitcoin News
Cryptoticker
3d
301
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Bitcoin Price Breaks Above $82k: Watch Out For These Key Levels
- Bitcoin price broke above $82k, marking a new all-time high that has sparked excitement in the cryptocurrency world.
- President-elect Donald Trump’s pro-crypto stance gains traction with hopes of a more favorable regulatory environment, driven by Trump’s policies and a pro-crypto Congress.
- MicroStrategy's aggressive Bitcoin acquisitions have helped establish Bitcoin as a corporate treasury asset.
- Record-breaking growth not only a victory for Bitcoin but has also driven significant gains for altcoins like Solana, Cardano, and Dogecoin.
- Bitcoin ETFs have seen significant inflows since Trump's re-election, with $2.28 billion pouring into these funds since November 6.
- Analysts are predicting that Bitcoin could reach $100,000 by Trump's inauguration day on January 20, 2025, based on trends in ETF accumulation and historical market data.
- The short-term Bitcoin price levels to watch out for are $83k, $85k, and $89k. A breakout above these levels could spark a new bull run, making $300,000 a plausible target in the coming years.
- Bitcoin's market capitalization now exceeding $2.7 trillion and an increasing number of pro-crypto policies in the U.S., the future of Bitcoin looks incredibly promising.
- Bitcoin's price performance and levels reached in November and December 2024 can set the path of Bitcoin price in the future after Trump's return to the White House officially.
- Analysts' opinions are divided in the long run, some expect Bitcoin price rally to slow down in early 2025, while others expect it to skyrocket fueled by the adoption of cryptos and Bitcoin in particular worldwide.
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Crypto-News-Flash
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176
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Standard Chartered Predicts ETH at $10K and Bitcoin at $200K in Trump Era
- Standard Chartered predicts Ethereum (ETH) could hit $10K and Bitcoin (BTC) could reach $200K under a Trump-led administration, fueled by crypto-friendly policies and regulatory changes.
- Standard Chartered forecasts a fourfold increase in the total crypto market cap by 2026, potentially reaching $10 trillion, driven by institutional participation and regulatory shifts.
- Following Donald Trump’s recent election victory, Ethereum saw its biggest three-day jump of the year, gaining 21% and hitting over $3,000. Institutional interest is also growing, as Ethereum ETFs recorded $132 million in net inflows from November 6 to 7.
- Standard Chartered predicts Ethereum could reach $10,000 and Bitcoin could soar to $200,000 under a Trump-led administration. This outlook is bolstered by Trump’s expected crypto-friendly policies and the recent Fed rate cut.
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Cryptonews
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Bitcoin Price Blasts Past $82,000, Sparking ‘Extreme Greed’ in Crypto Market
- The price of Bitcoin surged to a new all-time high above $82,000, leading to extreme greed in the crypto market.
- The Crypto Fear and Greed Index reached a reading of 78 out of 100, indicating heightened optimism among investors.
- Bitcoin's surge in price and market sentiment is accompanied by gains in Ethereum and meme coins like Dogecoin.
- The market enthusiasm is influenced by changing geopolitical conditions, as well as the anticipation of greater regulatory clarity under the re-election of Donald Trump as U.S. President.
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Blockonomi
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Bitcoin’s Historic Journey: Breaking the $80,000 Barrier
- Bitcoin crossed the $80,000 price mark for the first time, reaching a new all-time high with a 5% increase in 24 hours.
- Bitcoin spot ETFs now hold about 5.21% of total Bitcoin supply with $79 billion in assets under management.
- Exchange supply decreased to 9% of circulating supply, down from 12% at the start of 2024.
- Both retail and institutional interest are driving the current rally, unlike previous bull cycles.
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Coin Telegraph
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Image Credit: Coin Telegraph
Why is Dogecoin price up today?
- Dogecoin (DOGE) has rallied over 23% in the past 24 hours, reaching its highest value since Oct. 2021.
- DOGE now has a market capitalization of over $41.2 billion, making it the sixth-largest cryptocurrency.
- The rally is attributed to speculation surrounding Elon Musk's support of Dogecoin in the Trump administration.
- DOGE's bullish price action is accompanied by an increase in open interest-weighted funding rates and short liquidations.
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Altcoinbuzz
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44
Cardano’s Price Soars Amid Trump-Hoskinson Rumors
- Cardano's price reached $0.597, its highest since April, following a broader rally in the cryptocurrency market after Trump's reelection.
- Speculation about Cardano founder Charles Hoskinson joining Trump's administration fueled the price surge, but no formal confirmation has been made.
- ADA's recent surge has pushed its daily relative strength index (RSI) to its highest levels since December 2023, suggesting a possible pullback.
- Investors should exercise caution as ADA's potential for growth comes with risks, and its future performance is uncertain.
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Coinpedia
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80
Image Credit: Coinpedia
Is Cardano’s ADA Set for a 5700% Surge? Altcoin Soars 70% Already
- Bitcoin is nearing $80,000 and altcoins are gaining momentum.
- Altcoin Season Index is at 41, signaling a potential altcoin season.
- Dogecoin has surged by 95% in the past week.
- Cardano's recent surge indicates potential for reaching new all-time highs.
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99Bitcoins
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Bitcoin Emerges As Key Political Asset Following GOP Election Wins, Says NYDIG
- Bitcoin is set to become a significant political asset following GOP election wins, according to NYDIG.
- Investors who have not embraced Bitcoin may be at a disadvantage as crypto prices continue to surge.
- The political climate appears favorable for the cryptocurrency sector with Republicans maintaining control and a pro-crypto stance.
- Anticipated changes in leadership could result in pro-crypto legislation and regulations, potentially softening the SEC's stance.
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Altcoinbuzz
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253
Detroit Allows Residents to Pay Taxes in Crypto
- Detroit residents will soon be able to pay their taxes and other city obligations using crypto.
- PayPal will help manage the crypto payment option, which is set to be implemented in mid-2025.
- The move is expected to attract more blockchain companies to Detroit and increase operational efficiency.
- This follows a trend of other US cities and states accepting crypto for taxes or civic payments.
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Crypto-News-Flash
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233
Image Credit: Crypto-News-Flash
Bitcoin Hits $80K Milestone—Bull Run or Correction Next for BTC?
- Bitcoin crosses the $81k mark, heading to a new psychological milestone.
- Analysts are divided on the next direction of BTC, with expectations of a pullback or further rise.
- CryptoQuant analyst predicts a correction due to 100% of investors being in profit.
- Alan Santana believes Bitcoin could reach $89k in the near term.
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Blockonomi
3d
51
Image Credit: Blockonomi
Bitcoin Reaches $80,000 Milestone as ETF Demand Drives Growth
- Bitcoin reaches new all-time high above $80,000 driven by ETF demand
- Gemini co-founder Cameron Winklevoss suggests rally not driven by retail FOMO but by steady demand from ETFs
- Bitcoin's market capitalization exceeds $1.6 trillion
- Analysts predict potential rise to $100,000+
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Altcoinbuzz
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40
Robert Kiyosaki: Own Bitcoin, Don’t Wait for Prices
- Robert Kiyosaki advises people to own Bitcoin and other real assets regardless of the prices.
- He emphasizes that it's not just the price that matters, but the amount you own.
- Kiyosaki believes in diversifying investments and accumulating assets like Bitcoin, gold, silver, real estate, and gold mines.
- He aims to own 100 Bitcoins within a year, focusing on the number of coins owned rather than the price per coin.
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Bitcoinchaser
3d
48
Image Credit: Bitcoinchaser
Cat Casino Partners with Iconic21 as New Gaming Provider
- Cat Casino partners with Iconic21 to introduce a range of classic and innovative new games for players.
- Iconic21 operates independently, prioritizing innovation and personalization in the gambling experience.
- Games added to the Cat Casino collection include Bet on Teen Patti, Oasis Blackjack, and Gravity Roulette.
- The online casino offers demo play of live games without risking money.
- Other Iconic21 games available at Cat Casino include Live Roulette, VIP Blackjack, and Speed Blackjack.
- To access Iconic21 games, go to 'All Providers' and choose the game that suits you to start playing.
- Iconic21 brings even more diversity and innovation to the table in online gaming, providing players with personalized gameplay.
- Cat Casino is committed to enriching the gambling experience by offering a wide range of game options to suit every player.
- Iconic21’s dedication to clear communication and immersive gameplay raises the bar for online gaming.
- Players can test Iconic21 games before playing with real money, perfect for strategizing and understanding game mechanics.
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Altcoinbuzz
3d
64
Tether’s First Big Step into Oil Trade with $45M Deal
- Tether Investments, the investment branch of Tether, has financed a $45 million oil transaction involving 670,000 barrels of crude oil from the Middle East.
- This marks Tether's first oil transaction and showcases their expansion into trade finance.
- Tether aims to make trade faster, cheaper, and more efficient by providing funding for companies to move products quickly.
- Their Trade Finance division plans to support a wider range of products and make global trade more inclusive.
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Coin Telegraph
3d
322
Image Credit: Coin Telegraph
$80K BTC price chases gold — 5 things to know in Bitcoin this week
- Bitcoin records weekend surge as BTC price reaches almost $82,000 to start the week.
- Bitcoin traders remain bullish despite concerns over potential retracements.
- Upcoming United States macroeconomic data releases and ongoing inflation narrative.
- Bitcoin is catching up with gold, leading to intense upside.
- Record highs have not opened the floodgates to mass retail inflows yet.
- Bitcoin traders diverge over future BTC price trends.
- BTC price gains still have a long way to go before November 2024 matches historical average gains.
- US CPI and PPI indices are the focus of risk-asset traders this week.
- Bitcoin traders see BTC/USD catch up with Gold and play a game of catch-up.
- Expected boost in Bitcoin institutional investments is accompanying the BTC price breakout.
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