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Bitcoin News
Coin Telegraph
3d
253
Image Credit: Coin Telegraph
Why is Bitcoin price up today?
- Bitcoin (BTC) has reached a new record high of around $81,845, marking a 6.75% increase.
- The rise in Bitcoin price is attributed to President-elect Donald Trump's supportive stance on digital assets and the potential for a pro-crypto Congress.
- Bitcoin's open interest in its futures market has also hit a record high, indicating heightened interest and speculation.
- Forecast suggests that Bitcoin may hit $100,000 by the time of Trump's inauguration, based on ETF accumulation trends and market data.
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Crypto-News-Flash
3d
298
Image Credit: Crypto-News-Flash
Major BTC Target: Analyst Points to $155,599 in Next Cycle
- Crypto analyst Alan Santana predicts Bitcoin could reach $155,599 by May 2025 based on Fibonacci levels and market momentum.
- Bitcoin's recent surge has driven interest, with the current price at $80,946.46 and trading volume at $76.93 billion.
- Santana identifies immediate targets of $81,500 and $89,444, with the milestone of $102,000 indicating significant resistance.
- If Bitcoin surpasses $102,000, it could pave the way for the long-term target of $155,599, expected to be reached in May 2025.
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17 Likes
Bitcoinsensus
4d
322
Image Credit: Bitcoinsensus
MicroStrategy’s 252,200 BTC Costs ~ $20.5B
- MicroStrategy’s 252,200 BTC is now worth approximately $20.5B.
- MicroStrategy is following its 21/21 plan to raise $42B over the next three years.
- Bitcoin miners Marathon Digital and Riot Platforms also hold significant BTC holdings.
- MicroStrategy's early adoption and strategic approach to Bitcoin have proven successful.
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19 Likes
Crypto-News-Flash
4d
185
Image Credit: Crypto-News-Flash
Is Qatar or Saudi Arabia Secretly Accumulating Bitcoin?
- A major player in the space of nation-states is substantially invested in Bitcoin.
- Qatar and Saudi Arabia are potential contenders for being the top-five Bitcoin holders.
- Emerging nations are seeing Bitcoin as a strategic asset for diversification and financial stability.
- Global powers are embracing digital assets as a strategy for economic diversification.
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11 Likes
TheNewsCrypto
4d
129
Image Credit: TheNewsCrypto
Bitcoin Hits $81K for the First Time as Bulls Lead Crypto Rally
- Bitcoin crosses $80,000 for the first time, with a market cap exceeding $1.5 trillion.
- BlackRock and Fidelity ETFs add over $1.6 billion to Bitcoin, signaling institutional demand.
- Bitcoin’s price reaches a record high of over $81,000, driven by bullish sentiment in the crypto market.
- Bitcoin withdrawals surge as RSI signals bullish momentum; technical analysis supports upward trend.
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7 Likes
TechJuice
4d
116
Image Credit: TechJuice
Bitcoin Hits $80,000 Milestone for the First Time
- The price of bitcoin surged past $80,000 for the first time ever as investors reacted to the U.S. federal election outcome.
- Bitcoin reached a new all-time high of $81,500 on November 10.
- Experts attribute the price fluctuations to the impact of political events, with investors considering Donald Trump as a crypto-friendly choice.
- Investment in cryptocurrencies was boosted by corporate tax cuts during the previous Trump administration.
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Bitcoinsensus
4d
104
Image Credit: Bitcoinsensus
DOGE Reached $0.28 and Posted a 31% Gain Over the Weekend
- DOGE has reached a high of $0.28 since November 2021
- It posted a 31% rise over the weekend and a capitalization of $42.3B
- DOGE has overtaken XRP in terms of market capitalization of $33.3B
- DOGE's growth is attributed to factors like Elon Musk's support and the overall crypto market surge
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6 Likes
TechBullion
4d
56
Image Credit: TechBullion
Bitcoin Hits $81,000 As Cryptocurrencies Surge Due To Trump’s Election
- Bitcoin hits an all-time high above $81,000 as cryptocurrencies surge due to Trump's election.
- Investors believe that the record-run of Bitcoin will continue after pro-crypto candidates won office in the U.S.
- Open interest in Bitcoin's price surpassing $90,000 on Deribit derivatives exchange rose to over $2.8 billion.
- The surge in Bitcoin's price is attributed to bullish market flows and the expectation of pro-crypto policies under the new administration.
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3 Likes
Tokenhell
4d
125
Everything You Need to Know About Crypto Capital Gains Tax in Germany, Italy, and France
- Crypto traders and investors in Italy, Germany, and France are required to pay capital gains tax on their cryptocurrency profits.
- To calculate crypto capital gains tax, subtract the buying cost from the selling price and apply the relevant tax rate.
- In Italy, profits exceeding 2,000 euros are subject to a 26% capital gains tax, which may increase to 42% in the future.
- France imposes varying tax rates on crypto gains, with occasional traders paying 30% and frequent traders paying 45% on their profits.
- Germany encourages long-term crypto investment and exempts cryptocurrencies held for over a year from capital gains tax.
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7 Likes
Bitcoinsensus
4d
363
Image Credit: Bitcoinsensus
Bitcoin Hit New All-Time High and Is Now at $81.6K
- Bitcoin reached a new all-time high above $80K
- After a correction to $78.6K, it surged to $81.3K
- Bitcoin is currently trading at $81.6K
- Analysts predict further growth, with estimates ranging from $100K to $150K by the end of the year
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21 Likes
Tokenhell
4d
214
US Directs TSMC to Halt Advanced Chip Shipments to China
- The United States has directed Taiwan Semiconductor Manufacturing Co. (TSMC) to halt shipments of advanced chips to Chinese customers, effective this week.
- TSMC suspends shipments of 7nm chips to China following new US export restrictions.
- The move follows an investigation revealing that a TSMC chip was found in a Huawei AI processor.
- The decision comes as the U.S. tightens its grip on China’s access to advanced technologies.
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12 Likes
Stackexchange
4d
238
Image Credit: Stackexchange
Legit profits or likely scam?
- The user invested $1,000 with a trader named David O. Nelson on the website MajorfxHawk.
- The trader promised $40,000 in profits within 5 days but asked for a $4,000 upgrade fee before granting access.
- The investment has now earned $80,000, but the trader claims there is a Withdrawal Mempool tax of $4,000 to be paid before accessing the funds.
- The user suspects this to be a scam and seeks advice from experienced traders.
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14 Likes
Coin Telegraph
4d
246
Image Credit: Coin Telegraph
Bitcoin could end year at $58K as futures market ‘overheated’ — CryptoQuant
- CryptoQuant CEO predicts Bitcoin may end the year at $58,974 due to an overheated futures market.
- Bitcoin's open interest is at a record level of nearly $50 billion.
- Collective Shift CEO considers a pullback to $58,000 unlikely given current market conditions.
- Bitcoin's price has surged 17.3% in the last seven days, reaching another all-time high of $81,570.
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14 Likes
Coin Telegraph
4d
181
Image Credit: Coin Telegraph
MicroStrategy’s Bitcoin portfolio surpasses $20B, ROI now over 100%
- MicroStrategy’s Bitcoin portfolio has surpassed $20 billion in value with a return on investment (ROI) of over 100%.
- MicroStrategy now holds 252,200 BTC, worth $20.5 billion, making it the largest corporate holder of Bitcoin.
- Bhutan's Bitcoin holdings have exceeded $1 billion, accounting for 32% of its GDP.
- El Salvador's Bitcoin investment strategy has resulted in a stash of 5,930 BTC, worth over $482 million.
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10 Likes
TronWeekly
4d
278
Image Credit: TronWeekly
BitcoinOS Enhances Bitcoin’s Utility While Upholding Core Principles
- Bitcoin's stability stems from a principled approach, prioritizing security over rapid innovation to maintain its role as a top cryptocurrency.
- BitcoinOS adds decentralized apps to Bitcoin’s ecosystem, boosting functionality while preserving its core security and structure.
- Bitcoin’s conservative development and loyal community make it a pioneering force, inspiring the broader cryptocurrency industry.
- BitcoinOS enhances Bitcoin's utility by introducing new capabilities while adhering to its core principles.
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