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Bitcoin News
Bitcoinist
3w
218
Image Credit: Bitcoinist
Spot Bitcoin ETFs Demand At 6-Month High, BTC Capped Below $70,000
- Demand for spot Bitcoin ETFs in the United States has reached a six-month high.
- 64,900 BTC have been attracted in net flows to spot Bitcoin ETFs.
- Institutional interest in Bitcoin is increasing as more institutions seek exposure to the digital asset.
- There are hopes that the approval of spot Bitcoin ETFs will drive BTC prices above $70,000.
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13 Likes
TheNewsCrypto
3w
380
Image Credit: TheNewsCrypto
Crypto Market Turns Red as Major Coins Plummet
- Major cryptocurrencies, including BTC and ETH, saw significant drops, impacting sentiment in the crypto market.
- The U.S. federal government is investigating Tether, a major stablecoin issuer of USDT.
- Bitcoin (BTC) dipped to around $65,500 but later rebounded slightly to about $67,085, while Ethereum (ETH) fell to approximately $2,471 from $2,563.
- The overall cryptocurrency market capitalization decreased by 2.48% to reach $2.28 trillion, but total market volume surged by 43% to $105.01 billion.
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Tokenhell
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161
Vitalik Buterin’s Helios Push Targets Faster and Scalable Ethereum Rollup Networks
- Ethereum co-founder Vitalik Buterin has detailed the role of Helios in enhancing Ethereum's multi-chain scalability.
- The proposal aims to integrate Helios, a light client, into Ethereum wallets to boost transaction verification efficiency across Layer 1 and Layer 2 networks.
- Helios aims to address the challenges faced by current rollup operators by offering a streamlined, multi-chain light client suitable for various Layer 2 solutions.
- In addition to Helios, Buterin plans to optimize gas fees to increase Ethereum's transactions per second (TPS) by 1.5 times and improve the network's speed.
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9 Likes
Bitcoinsensus
3w
323
Image Credit: Bitcoinsensus
MOODENG Price Soars After Binance Futures Listing
- MOODENG's price has surged over 122% within hours of its Binance Futures listing.
- Binance offers up to 75x leverage for MOODENG, sparking great interest from traders.
- MOODENG, a memecoin inspired by a popular Thai hippo meme, has gained rapid traction on Solana and beyond.
- The listing of the MOODENGUSDT Perpetual Contract on Binance Futures has led to a surge in price and increased trading volume.
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Coinpedia
3w
75
Image Credit: Coinpedia
Bitcoin Bull Run Continues: Here’s Why Analysts Predict $100K ATH by December
- Bitcoin's price is predicted to reach $100,000 by December.
- Increased institutional adoption and potential economic stimulus are driving the rise.
- Strong demand for Bitcoin ETFs and concerns about US dollar stability contribute to the price increase.
- Bitcoin is currently facing a critical resistance level that needs to be overcome for the price to climb.
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4 Likes
Bitcoinist
3w
100
Image Credit: Bitcoinist
Bitcoin Investors’ Appetite On The Rise As Net Capital Inflows Skyrockets
- Bitcoin investors' appetite for the cryptocurrency is on the rise as net capital inflows skyrocket.
- Glassnode reports a significant increase in net capital inflows, reflecting strong confidence in Bitcoin.
- The surge in capital inflows indicates rising interest at institutional and retail levels, potentially leading to an upside price trajectory.
- Retail investor interest in Bitcoin has also seen a major uptick in October, suggesting growing demand in the market.
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6 Likes
Newsbtc
3w
345
Image Credit: Newsbtc
Ethereum Netflow Spikes To Derivatives Markets – Is a Price Swing on the Horizon?
- Ethereum (ETH) has seen a spike in netflows as approximately 96,000 ETH moved into derivative exchanges.
- This influx could indicate potential price shifts and heightened market activity.
- Bitcoin's Futures Sentiment Index shows peaks in sentiment that often coincide with market declines, implying potential volatility for Ethereum.
- Despite recent fluctuations, Ethereum's daily trading volume has remained stable between $15 billion and $19 billion.
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20 Likes
Cryptonews
3w
8
Image Credit: Cryptonews
There’s a 60% Chance Bitcoin Hits $170,000 This Cycle, According to Analyst Jamie Coutts – Here’s the Timeline
- Real Vision’s chief crypto analyst Jamie Coutts predicts that Bitcoin (BTC) could surge over 155% during this market cycle.
- Coutts' base case suggests a price of $170,000 for Bitcoin, while more optimistic scenarios project prices up to $234,000 and beyond.
- The analyst assigns a 15% probability for Bitcoin hitting $100,000 by mid-August 2025, a 60% chance for $170,335, a 20% chance for $234,000, and a 5% chance for $500,000.
- Bitcoin is currently trading at $66,633.
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TheNewsCrypto
3w
288
Image Credit: TheNewsCrypto
Will Bitcoin Rebound to $68K Despite Tether Scrutiny?
- Bitcoin dipped to $65,521 from a high of $68,722, reflecting a 5% loss influenced by Tether’s scrutiny.
- Currently, Bitcoin has bounced back to $67K amid ongoing volatility.
- Tether's scrutiny led to a 10% decrease in daily trading volume across the global market.
- Despite setbacks, Bitcoin's weekly performance reflects a modest decline of only 2%.
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17 Likes
Cryptoticker
3w
161
Image Credit: Cryptoticker
Why Is The Crypto Market Down Today?
- The cryptocurrency market experienced a downturn today following news of a criminal investigation involving a major stablecoin issuer.
- Bitcoin prices fell after reports of U.S. authorities investigating Tether for potential breaches of sanctions and anti-money laundering laws.
- The market's sensitivity to regulatory news highlights the importance of stablecoins like Tether in the crypto market.
- The market outlook remains uncertain, with potential volatility and the possibility of new stable assets emerging depending on regulatory developments.
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9 Likes
Newsbtc
3w
424
Image Credit: Newsbtc
Ethereum Underperforming, Don’t Blame The Network Or Leadership: Here’s Why
- Ethereum has underperformed in the current bullish cycle, struggling to break $4,000 while Bitcoin soared to new all-time highs.
- The underperformance is not due to the network design or leadership, but rather the lack of knowledge among investors.
- Ethereum Foundation has been offloading its ETH holdings, but this is not a major concern according to analysts.
- The analyst believes that for Ethereum to grow in strength, it needs to establish itself as a superior store of value compared to Bitcoin.
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25 Likes
Bitcoinist
3w
17
Image Credit: Bitcoinist
Bitcoin Whales Are Growing As Retail Shrinks – A Sign Of Strength?
- Bitcoin whale activity has increased while retail investors are shrinking, indicating a shift in market dynamics.
- Whale wallets holding 100+ BTC have increased by 297 wallets (+1.9%) in the past two weeks.
- The number of wallets with less than 100 BTC has decreased by 20,629 wallets (-0.1%) during the same timeframe.
- Bitcoin price is holding strong above $65,000, with a potential breakout and rally towards new all-time highs anticipated.
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Newsbtc
3w
253
Image Credit: Newsbtc
FET Price Under Pressure: RSI Flags Extended Bearish Move Toward $0.966
- FET is facing strong downward pressure as bearish signals take hold, with the Relative Strength Index (RSI) suggesting further weakness could be on the horizon.
- On the 4-hour chart, FET has slipped below the 100-day Simple Moving Average (SMA) and the RSI has declined to the 34% level, indicating a potential continuation of the bearish trend.
- On the daily chart, FET is displaying notable pessimistic movement as it tries to fall below the 100-day SMA, increasing the likelihood of a drop toward the $0.966 support level.
- The 1-day RSI shows that negative pressure on FET is intensifying as sellers gain dominance, potentially leading to further drops unless buying momentum returns.
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15 Likes
Bitcoinist
3w
210
Image Credit: Bitcoinist
Will Microsoft Shareholders Vote ‘Yes’ On Bitcoin? What To Expect
- Microsoft Corporation (NASDAQ: MSFT) revealed that an 'Assessment of Investing in Bitcoin' will be a voting item at its forthcoming shareholder meeting on December 10.
- Microsoft's board of directors has recommended voting against the Bitcoin investment proposal, stating that it is unnecessary as the company already considers cryptocurrencies in their broader investment strategy.
- Major shareholders such as Vanguard, BlackRock, and State Street will play a pivotal role in determining the outcome of the proposal. Vanguard is expected to vote 'no,' while BlackRock has been supportive of Bitcoin.
- Industry analysts predict that the proposal to invest in Bitcoin will not gain sufficient support among Microsoft shareholders.
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