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Bitcoin News
Altcoinbuzz
1w
214
Bitcoin Policy Institute: U.S. Should Build Strategic Bitcoin Reserve
- The Bitcoin Policy Institute suggests that the U.S. should build a strategic Bitcoin reserve to boost its economic strength and global influence.
- By holding Bitcoin in reserve, the U.S. could achieve economic and monetary stability, maintain an edge over rivals in geopolitics, invest in renewable energy, and support financial inclusion.
- However, challenges such as price volatility and market manipulation would need to be addressed through strong laws, security measures, and careful planning.
- The potential benefits of a strategic Bitcoin reserve are believed to outweigh the risks involved.
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Changelly
1w
130
Image Credit: Changelly
What Does Trump’s Win Mean for Crypto?
- Crypto markets witnessed a pivotal moment with the re-election of Donald Trump, who championed digital assets during his campaign.
- A Trump victory could lead to policies favoring high-growth assets like Bitcoin, creating an environment favorable to crypto.
- Despite his former stance branding cryptocurrencies a “scam,” Trump now advocates for a strong U.S. crypto industry, positioning himself as a champion for digital assets.
- Trump’s administration would offer a more business-friendly regulatory environment, potentially encouraging greater innovation and investment in the U.S. crypto market.
- Trump’s return to office could bring renewed focus on deregulation and tax incentives, creating an atmosphere favorable to crypto.
- Trump expressed a commitment to shake up crypto regulations and appoint industry advocates rather than crypto skeptics to the “bitcoin and crypto presidential advisory council.”
- The possibility of clear regulations and increased institutional involvement under a pro-crypto administration could stabilize crypto prices in the U.S. and have ripple effects globally.
- Market analysts and major crypto firms strongly believe that Trump’s policies could usher in an era of regulatory clarity, encouraging more institutional players to enter the market.
- The industry is already seeing heightened trading volumes and double-digit gains in some tokens amid the “Trump rally” and growing market optimism.
- Cryptocurrencies thrive on hype and positivity and whether or not Trump's promises to help the crypto market will be delivered, cryptocurrencies are currently receiving both.
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99Bitcoins
1w
42
Yes, Bitcoin Price Is Rallying Hard: But Don’t Expect a 300% Spike
- Bitcoin price rallied to nearly $76,000, trading above March 2024 highs.
- Historical trends suggest the bull run may continue in November and December with a potential to reach $100,000.
- An analyst is cautious about the extent of the bull run, projecting a maximum gain of 30% to 40%.
- BTC holders may gradually sell their holdings as prices increase to protect their baselines and manage expectations.
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Bitcoinsensus
1w
4
Image Credit: Bitcoinsensus
Crypto Market Surges as Trump Win Boosts Memecoins
- The crypto market has experienced a surge following Trump's victory in the U.S. elections, impacting Bitcoin and political-themed memecoins.
- Memecoins like MAGA and DJT have shown impressive performances, indicating the influence of political events on the altcoin market.
- Bitcoin dominance remains strong, but the rise of electoral memecoins suggests that altcoins can also benefit from global events.
- The impact of Trump's victory on the crypto market is significant, highlighting the interplay between politics and cryptocurrency prices.
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Crypto-News-Flash
1w
310
Image Credit: Crypto-News-Flash
Bitcoin Rockets to a New All-Time High as Trump Secures White House, BTC Eyes $90K
- Bitcoin price surges to a new All-Time High (ATH) of $75,361, rising over 8% in 24 hours.
- Donald Trump secures a White House victory, boosting optimism in the crypto market.
- Investors anticipate Trump's promise of a robust crypto ecosystem, with Bitcoin eyeing a potential $90,000 surge.
- Bitcoin's market dominance exceeds 60% as crypto community remains positive about BTC, Ethereum, and stablecoins regardless of election outcomes.
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Crypto-News-Flash
1w
319
Image Credit: Crypto-News-Flash
Historic Win for Crypto: America Elects 219+ Pro-Crypto Lawmakers to House and Senate
- Over 219 pro-crypto candidates elected to the US House and Senate.
- American voters show a strong interest in cryptocurrency and clear regulations.
- Donald Trump leading in the US presidential election with 51.2% of the votes.
- Bitcoin breaks all-time-high and reaches $75.3k amid the election period.
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Zycrypto
1w
247
Image Credit: Zycrypto
Pundit Predicts Bitcoin’s Non-Stop Rocket Surge To $250,000 As Trump Wins U.S. Presidency
- Bitcoin (BTC) reaches a new all-time high of $75,361, driven by preliminary election results favoring Donald Trump.
- Analyst Gert van Lagen predicts Bitcoin could surge to $250,000 by February 2025, citing the 'cup and handle' pattern and potential recession hedge.
- Another analyst, Trader Tandigrade, expects Bitcoin to reach $400,000 by December 2025, comparing it to previous historic rallies.
- However, CEO of CryptoQuant, Ki Young Ju, advises caution and gradual profit-taking instead of aggressive buying at current levels.
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14 Likes
Cryptonewsz
1w
369
Image Credit: Cryptonewsz
Whales Buy Bitcoin as Trump Wins US Elections; BTC Price Sustains $73k Level
- Bitcoin price surges to over $73,000 as Donald Trump claims victory in the US Presidential Elections 2024.
- Whale wallets accumulate BTC, with 11 fresh whale wallets withdrawing 1,807 Bitcoin tokens from Binance.
- BTC projected to reach $80,000 by the end of November 2024, with a near-term uptick of around 28.97%.
- Trump's victory seen as a positive signal for the crypto market, with increased enthusiasm and support for Bitcoin.
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Altcoinbuzz
1w
84
Solana Pay Now Supports Bitcoin, Ethereum, and More
- Solana Pay, the popular crypto payment system, now supports Bitcoin, Ethereum, and Layer 2 (L2) solutions.
- Merchants using Solana Pay can now accept payments in BTC, ETH, SOL, and other Layer 2 tokens, making it easier to manage transactions across different blockchains.
- Customers can now pay with their preferred cryptocurrency, whether it's Solana, Bitcoin, Ethereum, or a Layer 2 token, opening up a world of possibilities.
- The addition of Bitcoin, Ethereum, and Layer 2 support to Solana Pay brings flexibility, speed, and low fees to the crypto world.
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Crypto-News-Flash
1w
243
Image Credit: Crypto-News-Flash
Flare Labs Expands DeFi for XRP, Bitcoin, and Dogecoin Users
- Flare Labs is expanding DeFi access for XRP, Bitcoin, and Dogecoin users through its FAssets system.
- FAssets allows non-smart contract tokens to engage with decentralized finance applications.
- Flare Labs plans to add FBTC for Bitcoin and FDOGE for Dogecoin to the FAssets system.
- The FAssets system enables tokens like XRP, BTC, and DOGE to interact with smart contracts in the DeFi ecosystem.
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Bitcoinchaser
1w
130
Image Credit: Bitcoinchaser
Spin Your Way to FEZbet’s €8,000 Roulette Run
- FEZbet is hosting the €8,000 Roulette Run promotion.
- The event runs until November 24th, 2024, with up to €500 in prizes available each weekend.
- Participants need to sign up on FEZbet, place a minimum bet of €1 on eligible games, and earn points on the leaderboard.
- Qualifying roulette games include Mega Fire Blaze Roulette, Prestige Roulette, Quantum Roulette, and more.
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Tech Story
1w
348
Bitcoin Price Hit a Record High as Trump Gained Victory in US Elections 2024
- Bitcoin price hit a record high of $75,000 as Trump gained victory in the US elections 2024.
- Institutional support and election-driven uncertainty have contributed to the surge in the cryptocurrency market.
- Bitcoin's rally is linked to potential favorable regulatory conditions under a Republican victory.
- Crypto market volatility and the impact of political factors on digital assets remain key considerations for investors.
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Medium
1w
184
Image Credit: Medium
How AI Changes the Landscape of Healthcare Systems
- Artificial Intelligence (AI) is revolutionizing the healthcare industry, promising to transform patient care, medical research, and administrative processes.
- AI algorithms can analyze vast amounts of data, identify patterns, make predictions, and offer insights.
- The transformative potential of AI can address challenges like rising costs, increasing demand for care, and accurate diagnoses.
- Despite challenges and ethical considerations, the future of AI in healthcare looks promising with innovative applications.
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Bitcoinist
1w
264
Image Credit: Bitcoinist
Spot Bitcoin ETFs Record Second Largest Single-Day Net Outflow Ahead Of US Elections
- Spot Bitcoin exchange-traded funds (ETFs) experienced their second-largest single-day net outflow since their launch.
- Bitcoin ETFs had a negative day before the US elections, ending a seven-day positive streak.
- Bitwise's BITB, AKR Invest's ARKB, and Grayscale's Mini Trust (BTC) had record outflow days on November 4.
- Despite the election's impact on market volatility, experts believe Bitcoin ETFs will continue to thrive in the long term.
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15 Likes
TechJuice
1w
155
Image Credit: TechJuice
Bitcoin Hits All-Time High After Trump’s Election Victory
- Bitcoin reached a new record high of $75,000 on U.S. election day, driven by investors who had previously bet on Donald Trump’s presidential win.
- Bitcoin's value increased by 9.32% during this surge, trading at approximately $74,717.
- The US election outcome has implications for the cryptocurrency market, with predictions of price fluctuations until a dominant player is identified.
- The election also affects crypto taxes, regulation, and mainstream adoption, with Harris promising to support measures to grow the sector.
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