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Bitcoin News
Bitcoinik
4d
360
Image Credit: Bitcoinik
Solana ($SOL) Joins the $100 Billion Market Cap Club Amid Bull Run, While Bitcoin Hits New All-Time High of $81,500
- Solana ($SOL) has achieved a $100 billion market cap, indicating the start of the crypto bull run.
- The current trading price of Solana is $210, with a 44% increase in the last 30 days.
- Bitcoin reached a new all-time high of $81,423, with a 4.5% increase in the past 24 hours.
- Google searches for 'Bitcoin' and 'Buy Bitcoin' have surged following the rise in Bitcoin's price.
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Coin Telegraph
4d
226
Image Credit: Coin Telegraph
Bitcoin’s rise to $81,000 may trigger rally in ETH, SOL, SUI, AAVE
- Bitcoin has surged to above $81,000 on Nov. 10. Several altcoins have also started to show an increasing trend in sentiment after breaking out of their respective resistance levels. If Bitcoin maintains its upward momentum, investor sentiment could improve, pushing other cryptocurrencies like Ethereum (ETH), Solana (SOL), SushiSwap (SUI) and Aave (AAVE) higher.
- According to Bitcoin analyst Tuur Demeester, HODLing is the way forward in the current scenario. Bitwise Invest CEO, Hunter Horsley said, when Bitcoin’s price goes up, people view it as more likely that it will succeed, and therefore be even more valuable. So, it’s likely to go up even further.
- If the bears want to make a comeback in the short-term, they will have to pull the BTC/USDT pair below $71,753. This could trigger long liquidation, pulling the pair towards $66,864. For Ethereum, the critical support to watch for is $2,850, while $2,189 is essential support to watch for on SushiSwap.
- For Solana, closing above $210 indicates the start of the next leg of the uptrend, potentially aimed at $260. While for Aave, breaking past $200 could indicate a rally to $260. However, a slide below immediate support levels could indicate bearish sentiment.
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Bitcoinist
4d
32
Image Credit: Bitcoinist
CryptoQuant CEO Predicts Bitcoin’s Next Big Move – And Hope He’s Wrong
- CryptoQuant CEO, Ki Young Ju, predicts that Bitcoin will trade below $60k by year-end, contrary to the growing chorus of analysts projecting continuous surge.
- Ki Young Ju expects a trend reversal in the next few weeks, with Bitcoin ending the year at $58,897.
- His prediction represents a 24% price drop for Bitcoin.
- The market is currently influenced by the results of the US elections and increasing inflows into Bitcoin ETFs.
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Pymnts
4d
81
Image Credit: Pymnts
Bitcoin Reaches Record $80K Following Trump Victory
- Bitcoin’s price reached an all-time high of $80,000 following Donald Trump’s presidential victory.
- The cryptocurrency sector views Trump’s victory as a win, expecting a softer regulatory stance on digital assets.
- The $80,000 record follows bitcoin’s previous high of $75,000, reached last week.
- However, there are risks associated with deregulation, including increased market volatility.
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Bitcoinist
4d
356
Image Credit: Bitcoinist
$300,000 Bitcoin Is Coming – VanEck CEO Makes Bold Prediction
- Bitcoin continues its march to a new all-time high after hitting $79,645 today, November 10.
- Jan Van Eck, CEO of VanEck, predicts that Bitcoin will reach $300k, considering the current market conditions.
- Increased demand from US-based traders and the US Federal Reserve's rate reduction contribute to Bitcoin's rally.
- Van Eck also mentions Ether as a good alternative to Bitcoin, with potential benefits from the dominance of stablecoins.
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Stackexchange
4d
263
Image Credit: Stackexchange
Bitcoin arithmetic, symbol definitions, from private key to public address
- Bitcoin arithmetic refers to the process of translating a private key into a public key.
- To understand this process, it is important to clarify the meanings of certain symbols:
- Q and k are symbols whose specific representations are unknown in this context.
- G represents a generator point on the elliptic curve used in Bitcoin's cryptography.
- n is a variable that signifies the repetition of an operation.
- X refers to the private key, while x and y represent a point on the curve.
- p is the largest prime number smaller than 2^256.
- The exact meaning of the symbol P is unknown.
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Insider
4d
125
Image Credit: Insider
Bitcoin hits $80,000 for the first time as the crypto community revels in Trump's election win
- Bitcoin reached $80,000 for the first time after Donald Trump's election win.
- The crypto industry hopes Trump will bring regulatory changes and support Bitcoin.
- Trump, once a crypto skeptic, has now become an outspoken supporter and branded himself as the 'crypto president.'
- Many in the industry are hopeful that the US will become the most pro-Bitcoin nation in the world under the Trump administration.
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Bitcoinist
4d
202
Image Credit: Bitcoinist
Bitcoin OI To Market Cap Ratio Hits Multi-Year High – What This Means To Price
- Bitcoin has reached a new peak of $79,780, marking its fourth all-time high in five days.
- BTC's open interest to market cap ratio has hit a multi-year high, indicating heightened market interest and potential future volatility.
- The next few days will be critical as investors monitor momentum and assess the potential for further upward movement.
- Bitcoin's bullish phase is supported by price action and compelling on-chain data, but comes with risks of heightened volatility and potential liquidations.
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Newsbtc
4d
316
Image Credit: Newsbtc
$1,400 On The Horizon? Solana Breach Of $200 Excites Analysts
- Solana breaks critical $200 barrier, signaling potential price increase and end of downtrend.
- Technical indicators support bullish sentiment in Solana, with strong upward movement and positive crossover.
- Resistance near former all-time high of $260, but potential for further growth is predicted.
- Analysts suggest a target price of $1,400 for Solana in the long term.
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19 Likes
Crypto-News-Flash
4d
56
Image Credit: Crypto-News-Flash
Trump’s Re-Election and BlackRock ETF Push Bitcoin to $80,000 for the First Time
- Bitcoin reaches a new ATH of $80,000 amid pro-crypto U.S. policies.
- Trump's re-election and BlackRock ETF inflows contribute to Bitcoin's surge.
- Investor hopes rise as Trump's government shows support for cryptocurrencies.
- Growing institutional interest and demand fuel Bitcoin's value rise.
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Bitcoinik
4d
239
Image Credit: Bitcoinik
MicroStrategy’s Bitcoin Profits Soar Past $10.19 Billion as Michael Saylor Eyes Even Greater Gains
- MicroStrategy's Bitcoin holdings have reached an unrealized profit of $10.19 billion, with plans for further investments.
- Michael Saylor, the chairman of MicroStrategy, expressed his desire for more growth and increased returns.
- El Salvador, where Bitcoin is legal tender, holds 5,929 BTC with an unrealized profit of approximately $110 million.
- Prominent Bitcoin critic Peter Schiff faced criticism for his stance on Bitcoin as its price surged.
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Crypto-News-Flash
4d
8
Image Credit: Crypto-News-Flash
Bitcoin Mining Difficulty Reaches New High of 100 Trillion-Will This Propel BTC to $120,000?
- Bitcoin's mining difficulty reached a new all-time high of 101.65 trillion, indicating a tougher mining process.
- Bullish signals from the Market Value Realized Value (MVRV) indicator suggest Bitcoin could climb to $120,000.
- The MVRV indicator surpassed the 365-day average and is now above the 4-year average, indicating the upward trend remains intact.
- Bitcoin's surging mining difficulty strengthens the network's security and fuel scarcity, potentially leading to a price surge.
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Newsbtc
4d
48
Image Credit: Newsbtc
Dogecoin Price Hits New 2024 High: Here Are 2 Ways It Could Go From Here
- The price of Dogecoin has doubled in the past 30 days, reaching its highest point in 2024.
- A majority of DOGE holders are currently in profit, with 91.17% of total addresses in the green.
- There are two possible paths for Dogecoin: a substantial cool-off or a continued rally towards its all-time high of $0.7316.
- An analyst predicts a parabolic rally for Dogecoin, with a target price of $1.17.
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Tokenhell
4d
142
Ethereum Crosses $3,000 Following ‘Surprising Change’ in Investor Sentiment
- Ethereum crossed $3,000 for the first time since August, following a surprising change in investor sentiment.
- Investors are optimistic about the growth of Ethereum's DeFi space under the Trump administration as it adopts a collaborative approach.
- Ethereum DeFi tokens, such as Aave and Ethena, have also seen significant rallies in the past two days.
- Investor interest in Ethereum spot ETFs is surging, with net inflows recorded for three consecutive days.
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Bitcoinik
4d
390
Image Credit: Bitcoinik
Donald Trump’s election crypto campaign supporter shares inside report on a country rapidly buying Bitcoin
- A country, undisclosed by David Bailey, is rapidly buying Bitcoin and has become one of the top five holders.
- Bitcoin reaches a new all-time high of $80,000 on Binance exchange.
- Bitcoin is predicted to approach the $100,000 level based on current trends.
- Despite Ethereum's price surge of 31% in the last 30 days, it has not exceeded its previous all-time high.
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