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Bitcoin News
Coinpedia
11h
312
Image Credit: Coinpedia
Bitcoin Crosses $93K but Faces Correction – What’s Next?
- Bitcoin surpasses $93,000 with U.S. investors driving the push.
- BlackRock's iShares Bitcoin Trust sees high trading volume, indicating strong demand.
- Actual Bitcoin purchases from spot markets are driving the rally, indicating real buying pressure.
- Bitcoin experiences a dip but remains higher than the previous day, showing its volatility.
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Bitcoinsensus
11h
248
Image Credit: Bitcoinsensus
Republicans Have a Majority in the US House
- Republicans have officially gained the majority in the US House and Senate, with a 218 vs. 208 seat advantage.
- This gives Republicans expanded opportunities to advance initiatives and build a strategy within a unified government.
- The House Financial Services Committee, including the departure of its chair Rep. Patrick McHenry, will undergo changes.
- Several pro-crypto candidates are being considered for the position, indicating a focus on regulating the crypto industry.
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Cryptonews
12h
155
Image Credit: Cryptonews
Novogratz Forecasts Bitcoin to Reach $500K with Strategic Reserve; Yet Chances Remain Slim
- Galaxy Digital CEO Mike Novogratz believes the chances of a BTC Strategic Reserve are slim, thanks to a Senate gridlock.
- Novogratz thinks that the US should hold onto its Bitcoin stash to show its commitment to being a technology-first country.
- Trump has vowed for the Treasury to keep all Bitcoin it acquires, even if a Strategic Reserve is unlikely to happen.
- Novogratz believes that if a Strategic Reserve is established, Bitcoin could reach a price target of $500,000.
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Cryptonews
12h
144
Image Credit: Cryptonews
Analyst’s Encouraging Assessment: Still Time to Invest in Bitcoin
- Bitwise CIO Matt Hougan believes it’s still early to invest in Bitcoin, predicting it could reach $100,000 soon.
- Hougan sees Bitcoin's maturity at a $500,000 valuation, aligning it with gold in terms of market acceptance and stability.
- While Bitcoin's long-term potential is seen as bullish, analysts have varied predictions on its near-term trajectory.
- CryptoQuant CEO Ki Young Ju expects Bitcoin to reach $58,974 due to BTC futures overheating.
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Stackexchange
12h
133
Image Credit: Stackexchange
send taproot multisig withdraw tx,got:Operation not valid with the current stack size
- A user created a taproot multisig script and sent some satoshi to the script address.
- When attempting to withdraw satoshi from the script with 2 signatures, an error occurred: "mandatory-script-verify-flag-failed (Operation not valid with the current stack size)".
- However, with 3 signatures, the withdrawal was successful.
- The transaction details and JavaScript code used for creating the script and withdrawing the satoshi are provided.
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TronWeekly
13h
47
Image Credit: TronWeekly
Bitcoin Boost: Bhutan’s Holdings Soar Past $1 Billion in 2024
- Bhutan's Bitcoin holdings have exceeded $1 billion in 2024.
- Mining now contributes over 25% of Bhutan's GDP, making it the fourth-largest government Bitcoin holder.
- Bhutan's flexible Bitcoin management approach includes significant transfers, highlighting a growing trend of state-level cryptocurrency adoption.
- Bhutan's success may inspire similar initiatives globally, potentially bolstering BTC's long-term credibility as a state-level asset.
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Altcoinbuzz
15h
14
YOUR BEST CHANCE: Top 4 100x Sui Memecoins
- Memecoins are most likely your best bet for making a 100x or more in crypto and Sui has a few top contenders.
- Blub the Fish (BLUB) is quirky and fun with good tokenomics, with a current market cap of $30 million.
- Fud the Pug (FUD) has the weakest tokenomics among Sui memecoins, but its market cap is $33 million and worth keeping an eye on.
- AAA Cat (AAA) is surprisingly a top contender with many features and impressive utility-100% of tokens circulate. AAA's market cap is $22 million.
- Be Liquor (LIQ) has the lowest market cap among Sui memecoins at $1.8 million, all tokens are in circulation and has been around since 2019.
- A potential good run for the $SUI token ahead, its memecoins should do well.
- The memecoin communities are the driving force behind the success of these coins.
- Disclaimer: The information provided is for educational and informational purposes only and not financial advice.
- Altcoin Buzz is not responsible for any losses incurred as a result of any investments directly or indirectly related to the information provided.
- Bitcoin and other cryptocurrencies are high-risk investments, so due diligence is advised.
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Medium
15h
84
Image Credit: Medium
AI Trading Bots: Is it worth it?
- "NO, NO! Don’t use your mind to deposit your money here!! and wait for gain," A reboot told me, and then I transferred USDC into the App. After 5 days …. WOOOW, all the tokens the Bot bought for me made a GREAT PUMP …. Oh, sorry, I had this dream yesterday, but unfortunately, I checked my wallet to find $SOL dropped by $13."
- Artificial Intelligence (AI) has increasingly become intertwined with the crypto world. Predictive analysis and trading bots are among the most practical and widely used AI applications in the crypto world.
- This article explores how AI is transforming the crypto trading landscape through these tools, how they work, key platforms utilizing these technologies, and the specific advantages they bring to the table.
- AI-powered trading bots and predictive tools use machine learning (ML) algorithms to analyze massive amounts of data and make informed trading decisions in the crypto market.
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Bitcoinsensus
15h
234
Image Credit: Bitcoinsensus
Shiba Inu Whale Nets $120 Million in Profits, Offloads 100B Tokens
- An early SHIB investor sold 100 billion $SHIB to Gemini, making a profit of $2.8 million.
- The investor still holds 2.5 trillion SHIB, valued at $73 million.
- The investor has earned over $120 million in profits from Shiba Inu so far.
- Despite a retraction in price, SHIB still trades at a significant profit, growing by over 35% in the week.
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14 Likes
Bitcoinist
16h
278
Image Credit: Bitcoinist
Italy’s Crypto Tax U-Turn: New 28% Rate Signals A Fresh Start
- Italy's Prime Minister Giorgia Meloni's government is considering a reduced tax hike on cryptocurrencies.
- The initial proposal of a 46% tax rate is being re-evaluated and may be limited to just 28%.
- The League Party has recommended the amendment to balance revenue generation and attract investors.
- Other organizations are calling for the cancellation of the tax increase and exemption for gains below €2k.
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16 Likes
Newsbtc
16h
227
Image Credit: Newsbtc
Chainlink Whales Waking Up – Data Shows Signs Of Accumulation
- Chainlink (LINK) has seen a surge in price followed by a retracement, indicating volatility.
- Whales have been accumulating LINK, suggesting growing conviction in the asset's long-term value.
- The accumulation by large holders provides a solid foundation of support for LINK.
- The coming weeks will be pivotal for LINK as further accumulation could drive another upward move.
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13 Likes
Newsbtc
17h
232
Image Credit: Newsbtc
Shiba Inu Price Watch: 60% Rally Catches Whale Attention – Is More Growth Ahead?
- Shiba Inu (SHIB) has experienced a 60% price rally in the past week, drawing attention from both retail and institutional investors.
- The positive sentiment in the cryptocurrency market, driven by recent election results and growing confidence, has contributed to SHIB's growth.
- Whale activity, with significant transfers of SHIB to exchanges, indicates confidence in the potential of the asset and the expectation of further growth.
- SHIB's future trajectory will be determined by persistent whale activity, market dynamics, and the ability to sustain its rising trajectory.
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Bitcoinist
17h
121
Image Credit: Bitcoinist
Dogecoin Price Chart Patterns Shows Similarities To Bitcoin In 2016, Why This Is Good
- Veteran trader Peter Brandt has identified similarities between Dogecoin's current price action and Bitcoin's price movements from 2015-2016.
- Brandt compares Dogecoin's price action to Bitcoin's cycle from 2015 to 2016 when Bitcoin was still priced below $1,000.
- If Dogecoin continues to mirror Bitcoin's patterns, it could experience a strong surge in the future, similar to Bitcoin's rally in 2017.
- The recent rally in Dogecoin's price has been largely driven by retail traders, and it has gained attention due to Elon Musk and Vivek Ramaswamy's involvement in the newly created Department of Government Efficiency.
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Pymnts
18h
313
Image Credit: Pymnts
This Week in Web3: Crypto Excitement Now, Real-World Utility Later?
- The price of bitcoin surges as speculation and institutional adoption rise, driven by promises of a crypto-friendly White House.
- Despite the excitement, the promised revolution in crypto payments has not been fully realized, highlighting the need for practical utility.
- Financial institutions are quietly building the infrastructure for blockchain's future, with major players like UBS, J.P. Morgan, and Mastercard making significant strides.
- Challenges, such as privacy concerns and lack of consensus, still hinder broader adoption, but progress is seen in specific regions and use cases.
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Zycrypto
18h
3
Image Credit: Zycrypto
Despite Hitting $93K, Bitwise Says ‘It’s Still Early’, Sees Bitcoin Price Going To $500,000 If This Happens
- The Bitcoin price surged above $93,000, setting new lifetime highs.
- Bitwise's Chief Investment Officer predicts that Bitcoin could reach $500,000.
- Demand for store-of-value assets like BTC is increasing as governments debase fiat currencies.
- Hougan's prediction is based on Bitcoin holding at least 50% of the $20 trillion store of value sector.
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