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Crypto-News-Flash
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Bitcoin Price Gearing For A Mega Rally to $172,000 in Q4 2024
- Bitcoin price is predicted to have a mega rally to $172,000 in Q4 2024.
- Key factors supporting this outlook include increased institutional accumulation of Bitcoin and a potential $16 billion liquidity influx from FTX’s creditor distributions.
- Analysts attribute the bullish sentiment to the recent interest rate cut by the U.S. Federal Reserve, historical trends during halving years, and favorable on-chain data.
- The potential rally could be fueled by stablecoin issuance, rising leverage in the futures market, and the distribution of $16 billion by FTX to creditors.
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Bitcoinchaser
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5 Best Casino Games on Woo Casino
- Woo Casino provides a vibrant and diverse selection of casino games such as slots, table games, game shows.
- Power Boost Money Express by Fugaso stands out as one of the best slots at Woo Casino for several reasons.
- Lightning Baccarat by Evolution is for those who love traditional baccarat with a twist, as it adds an exciting Lightning feature.
- Lightning Storm Live shines in the game show category at Woo Casino for a bunch of reasons.
- Blackjack Lobby Live by Evolution is a top pick for blackjack fans at Woo Casino.
- Gold Vault Roulette by Evolution is the top choice for roulette enthusiasts at Woo Casino due to its innovative features and familiar gameplay.
- To wrap it up, understanding what to play at Woo Casino is crucial for a fun and successful experience.
- By selecting games with favorable odds and aligning them with your skills, you can significantly boost your chances of winning.
- Effective bankroll management and exploring a variety of games will keep things exciting and enjoyable.
- Ultimately, it’s all about maximizing your enjoyment while playing smart and making the most of your time at the tables.
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Bitcoinist
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Bitcoin Sentiment Remains Neutral As Traders Hesitant To Become Bullish
- Bitcoin sentiment remains neutral as traders hesitant to become bullish.
- Bitcoin price has been in a sideways movement recently after a strong recovery surge last week.
- Fear & Greed Index indicates a neutral market sentiment with a value of 50.
- Investor morale affected by the current slowdown in Bitcoin's price movement.
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Coinpedia
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Popular Analyst Lays Down the Bitcoin (BTC) Price Path to $78,000—This is When It May Begin
- Bitcoin is experiencing volatility and remains stuck within a range.
- A popular analyst predicts a pullback to $60,000 before a rebound to $66,000.
- Another drop below $60,000 may trigger a final breakout towards $78,000.
- The start of the final quarter is expected to be bullish with a price forecast of $78,000.
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Bitcoinist
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A VP Harris Win May ‘Not Be As Bearish’ As Crypto Investors Think – QCP Capital
- US Vice President Kamala Harris acknowledged the crypto industry for the first time during a fundraiser event.
- She pledged to encourage investment in digital assets and AI while protecting consumers and investors.
- Crypto firm, QCP Capital, suggested that her victory in November 'may not be as bearish as the market thinks.'
- The community's sentiment is split regarding Harris' stance on the crypto industry.
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Bitcoinsensus
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Australia Crypto Regulation: New Licenses for Exchanges
- New Australian regulations require crypto exchanges to hold financial services licenses.
- The Australian Securities and Investments Commission aims to enhance oversight and consumer protection in the digital asset market.
- Many widely traded crypto assets qualify as financial products under existing laws.
- The regulations aim to bring crypto firms in line with regulatory standards and ensure transparency, consumer protection, and anti-money laundering compliance.
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Bitcoinsensus
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Travala Adopts Solana for Payments, Loyalty, and Cashback
- Travala integrates Solana for payments in $SOL, USDT, and USDC.
- Users can access Travala's loyalty and cashback programs through Solana.
- Solana's low costs and scalability make it ideal for Travala's crypto payment options.
- Travala's AVA token will be supported on the Solana network.
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Crypto-News-Flash
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Stacks Revolution: How It’s Transforming the Bitcoin L2 Ecosystem Fast!
- Stacks is a leading Bitcoin Layer 2 (L2) solution transforming the Bitcoin ecosystem.
- The Nakamoto Upgrade will significantly reduce Stack block times, resulting in faster transactions while maintaining Bitcoin's security.
- Stacks' sBTC enables decentralized transfer of Bitcoin to the Stacks L2, ensuring security and scalability.
- Stacks has formed partnerships, boasts institutional trust, and has a thriving app ecosystem, solidifying its position in the Bitcoin field.
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Altcoinbuzz
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The $DBR Token is Going Live October 17th, 2024
- The $DBR token is an important step for deBridge, a platform aiming to create a borderless experience in DeFi.
- deBridge has processed over $2.35 billion in transactions without any security incident or downtime.
- The $DBR token launch focuses on decentralization, giving control to the community through a governance system.
- The ultimate goal is for the community to have full control over the deBridge ecosystem.
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Bitcoinsensus
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Canada Shifts Focus from Retail CBDC Research
- Canada shifts focus from retail CBDC research to concentrate on payment system policy development.
- Public consultation reveals privacy concerns among Canadians about a digital currency.
- Canada remains engaged in global CBDC trends and may revisit the idea in the future.
- The Bank of Canada adapts to emerging priorities and keeps the door open for future digital currency exploration.
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Cryptoslate
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Bitcoin leads $321 million inflows into crypto as Fed rate cuts spur growth
- Digital asset investment products saw inflows of $321 million in the crypto industry, boosting total assets under management to $85.8 billion.
- The Federal Reserve's interest rate cut played a role in this surge.
- Bitcoin-based investment products led the inflows, with $284 million in net gains.
- ETHEREUM faced outflows, while Solana and other altcoins saw inflows.
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Cryptopotato
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Coinbase Chief Legal Officer Clarifies cbBTC User Agreement Concerns
- Paul Grewal addresses concerns about Coinbase's cbBTC user agreement.
- Concerns arose regarding limited liability for reimbursing lost Bitcoin.
- Grewal confirms Coinbase's liability is limited to the Bitcoin lost, not covering external losses.
- Coinbase launched cbBTC, a wrapped Bitcoin product, amidst controversy surrounding WBTC.
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Newsbtc
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Polygon (MATIC) To Come back From The Dead As Ascending Triangle Appears
- Polygon (MATIC) price has experienced a significant drop, but positive sentiment is starting to build among investors.
- Crypto analyst CobraVanguard has identified a bullish Ascending Triangle pattern on the Polygon chart, suggesting a potential price revival.
- The target prices for the bullish recovery are $0.4671, $0.5442, and $0.6821.
- MATIC tokens were successfully converted into POL during a recent migration, but the price has not seen a significant positive impact yet.
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Crypto-News-Flash
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Bitcoin and Ethereum to Unite: Developers Unveil Approach to Overcome Interoperability Problems
- Hemi Network introduces the 'tunneling' feature to merge the blockchains of Bitcoin and Ethereum.
- The tunneling feature creates a distinct environment for Bitcoin and Ethereum to coexist securely.
- Hemi Virtual Machine enables the movement of Bitcoin and Ethereum assets into Hemi for secure tokenization.
- Ethereum founder, Vitalik Buterin, assures the community that interoperability problems will be addressed through Ethereum Improvement Proposals (EIPs) on the roadmap.
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Coinpedia
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Japan Bitcoin Acquisition Proposal: Samson Mow Urges 167,000 BTC Investment
- Bitcoin advocate and JAN3 CEO Samson Mow urges the Japanese government to acquire 167,000 BTC, highlighting Bitcoin's potential as a strategic asset.
- Mow suggests that Bitcoin could diversify and secure Japan's national reserves, similar to the role of gold.
- Strict regulations in Japan could hinder the growth of digital assets in the country.
- The Bank of Japan's potential interest rate hikes may indirectly impact the attractiveness of Bitcoin as an alternative investment.
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