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Bitcoin News
Cryptonews
1w
361
Image Credit: Cryptonews
Election Tension Sparks Outflows in Bitcoin ETFs as Dogecoin Rallies
- US Spot ETFs experienced a significant US$541 million outflow, indicating market uncertainty.
- Altcoins and memecoins like Dogecoin surged due to potential regulatory changes.
- Dogecoin's open interest is approaching record highs, influenced by election developments and celebrity comments.
- Bitcoin, Ethereum, and Solana gained amidst the US election progress.
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Coinpedia
1w
92
Image Credit: Coinpedia
Big Breaking: Bitcoin Hits Fresh ATH, Nears $75K Mark as Trump Gains Early Leads in Key States
- Bitcoin hits fresh all-time high (ATH) of $75,000.
- The surge in Bitcoin price is seen as a response to Donald Trump's gaining momentum in key battleground states.
- Investors interpret Trump's political success as a sign of economic stability and business-friendly policies.
- Bitcoin's rise reflects growing recognition of digital currencies as a store of value and hedge against inflation.
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Coinpedia
1w
303
Image Credit: Coinpedia
Bitcoin (BTC) Price Hits All Time High, Dogecoin Soars 16%, Crypto Market Gains $2.5 Trillion
- Bitcoin (BTC) reached a new all-time high (ATH) of over $74.5k, leading the crypto market to rally over 5% in the past 24 hours.
- Dogecoin (DOGE) surged 16% to trade at 19 cents, outperforming other top-tier altcoins.
- Crypto critic Peter Schiff warns of a potential selloff in the near term as the US election results show an early lead for Republican candidate Donald Trump.
- Altcoins, especially dog-themed meme coins, are gaining bullish momentum, indicating the anticipated altseason may begin in the next eight weeks.
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Bitcoinsensus
1w
50
Image Credit: Bitcoinsensus
Dogecoin Soars as Trump Leads in Early Vote Count
- Donald Trump leads the U.S. presidential race with 178 electoral votes to Kamala Harris’s 99.
- Cryptocurrencies, including Dogecoin, surged as the vote count continues.
- Bitcoin, Ethereum, and Solana also report gains in the past hour.
- The presidential race is still undecided as swing states and large blue states are yet to be counted.
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Changelly
1w
328
Image Credit: Changelly
How to Sell Large Amounts of BTC (Bitcoins)? Tools and Tips for Selling Bitcoins for Cash
- When it comes to cashing out Bitcoin, there is no one-size-fits-all approach.
- Your personal best method for selling BTC will depend on the amount you want to withdraw, your preferred payout method, country of residence and even risk tolerance.
- You have 5 primary options: a cryptocurrency exchange, an OTC brokerage, peer-to-peer exchanges, Bitcoin ATMs, and crypto gift cards.
- These are the most commonly used, and ultimately, the best ways to cash out Bitcoin will depend on your specific needs and circumstances.
- Centralized Crypto Exchanges: Where to Sell Bitcoin.
- Peer-to-Peer: How Can I Withdraw My Bitcoins on a P2P Basis?
- OTC Brokers
- Modern online exchanges are convenient and user-friendly.
- After selling your BTC on a cryptocurrency exchange, a common approach to convert Bitcoin into cash is to withdraw funds to a bank account using a wire transfer or an automated clearing house (ACH) transfer.
- The amount of Bitcoin you need to cash out can vary significantly depending on the exchange you use.
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Bitcoinist
1w
349
Image Credit: Bitcoinist
Bitcoin Sees LTH Distribution As Price Climbs – On-Chain Indicator Confirms Bullish Environment
- Bitcoin is on the brink of breaking all-time highs, entering 'price discovery' mode.
- Bitcoin Long-Term Holders sold 177,617 BTC in the last seven days, signaling a potential market shift.
- This selling from seasoned holders aligns with BTC's momentum near its peak.
- Bitcoin's performance this week will determine its future trajectory and the broader crypto market.
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Newsbtc
1w
290
Image Credit: Newsbtc
Bitcoin’s Current Price Action Sets Stage For 30% Rally, Says Crypto Analyst
- Bitcoin's price has stabilized around $69,092 after a period of low volatility.
- Crypto analyst Captain Faibik predicts a potential 30% increase in Bitcoin's value based on a breakout from a technical pattern.
- Analyst Javon Marks identifies bullish divergence on Bitcoin's chart, indicating a potential reversal and market dominance.
- Long-term Bitcoin holders are selling, but the selling trend is moderate compared to previous bull cycles, signaling a cautious approach.
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Bitcoinist
1w
328
Image Credit: Bitcoinist
Bitcoin HODLers Switch To Selling Mode: Is This A Danger To BTC?
- Bitcoin long-term holders have started a phase of distribution, selling over 177,000 tokens.
- The balance change of long-term holders turned significantly red in Q1, indicating they were taking gains.
- As bullish waves returned, long-term holders have started selling again.
- The selling from long-term holders this cycle has been less intense compared to past bull peaks.
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Medium
1w
92
Image Credit: Medium
How Will the Generative AI Value Chain Evolve in 2025?
- Generative AI refers to a class of artificial intelligence techniques designed to create new content or data that resembles existing material.
- The generative AI value chain comprises the process of creating, developing, deploying, and utilizing generative AI technologies to deliver value across various industries.
- Emerging trends such as the rise of AI ethics and regulatory frameworks will play a crucial role in shaping the value chain, ensuring responsible and sustainable AI practices.
- Companies that understand and adapt to changes in these drivers will be better positioned to leverage generative AI for competitive advantage and innovation in their respective markets.
- The projected changes in the value chain by 2025 will create a dynamic environment that affects various stakeholders in multiple ways.
- Some of the key emerging trends in the generative AI landscape include human-centric design, automated content creation, and diverse data utilization.
- Challenges related to generative AI technologies include concerns around the potential for bias in AI-generated content, intellectual property rights, compliance with ethical standards, and ongoing education and training for professionals.
- The evolution of the generative AI value chain by 2025 will be marked by unprecedented growth and innovation, fundamentally reshaping industries and business operations.
- The emphasis on ethical AI practices and compliance with regulatory frameworks will ensure that the deployment of generative AI is responsible and sustainable.
- Businesses that strategically align their goals with the advancements in generative AI will navigate the complexities of this transformation and position themselves as leaders in an increasingly AI-driven world.
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Coinjournal
1w
8
Image Credit: Coinjournal
Bitwise CIO: US election is going to be a speed bump or wind gust for crypto
- Bitcoin's value has risen over 400% between 2020 and 2024.
- Solana has increased in value by nearly 4,500% from $1.49 to around $166 in four years.
- Bitwise's CIO, Matt Hougan, believes that the trajectory of the crypto market will continue beyond the 2024 US elections.
- Regardless of who becomes the next President, crypto has already won and cannot be stopped.
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Bitcoinist
1w
67
Image Credit: Bitcoinist
Mt. Gox Mystery: Defunct Exchange Moves Over $2 Billion In Bitcoin – Details
- Mt. Gox, the defunct crypto exchange, has transferred 32,371 Bitcoin, valued at $2.19 billion, to an undisclosed address.
- The movement was tracked by Arkham Intelligence, which revealed that the funds were transferred to two different wallets.
- Mt. Gox still holds around 44,378 BTC, worth approximately $3 billion, and the recent movement is believed to be related to the planned settlement and repayment to creditors.
- Mt. Gox faced bankruptcy due to hacking incidents between 2011 and 2014 and is currently in the process of repaying its creditors and former customers.
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TheNewsCrypto
1w
412
Image Credit: TheNewsCrypto
Bitcoin Nears $70K as US Election Day Sparks Speculation on Trump Win
- Bitcoin price is nearing the $70,000 mark as the US election unfolds.
- Bloomberg analyst Eric Balchunas sees Bitcoin's price as a signal to watch during the election.
- The campaign around the US election has focused on Bitcoin and cryptocurrencies.
- Donald Trump's support for Bitcoin and the potential correlation between Bitcoin's price and Trump's chances of winning are being discussed.
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Newsbtc
1w
54
Image Credit: Newsbtc
‘Crypto Has Already Won’, Regardless Of Trump Or Harris Win: Bitwise CIO
- Matt Hougan, Chief Investment Officer of Bitwise Asset Management, believes that the crypto industry has already secured its place in the financial world, regardless of the outcome of the US presidential election between President Donald Trump and Senator Kamala Harris.
- Hougan stated that a Trump victory would be better for crypto in the short-term, while Bitcoin, Ethereum, and stablecoins are expected to thrive regardless of the election result.
- Hougan emphasized that Washington cannot stop crypto, although it can influence its trajectory and create regulatory challenges.
- Hougan presented various statistics showcasing the industry's growth since November 2020, including significant increases in token prices, trading volume, assets under management, network activity, and mainstream adoption indicators.
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Bitcoinchaser
1w
16
Image Credit: Bitcoinchaser
Hop into Waifu Chase at Shuffle & Win Your Share of $5K Weekly!
- Shuffle crypto casino is organizing the Waifu Chase promotion, offering a weekly $5,000 prize pool.
- To participate, players need to accumulate as many 100x multipliers as possible in selected games.
- The top 50 players with the most 100x multipliers will receive cash rewards.
- The promotion ends on November 11th, 2024.
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Bitcoinsensus
1w
392
Image Credit: Bitcoinsensus
Shibarium Trustwatch Issues Alert on Fake SHI and TREAT Tokens
- Shibarium Trustwatch warns investors about phishing scams related to upcoming SHI and TREAT tokens.
- SHI token will be a stablecoin pegged to $0.01, while TREAT will serve as the ecosystem's reward currency.
- The Shiba Inu ecosystem renovations have made it a target for phishing and scam attempts.
- Investors are cautioned about sharing confidential information related to SHI and TREAT tokens.
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