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Bitcoin News
Bitcoinchaser
3w
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Join Zeus in XXXtreme Lightning Roulette at Casinoin!
- Welcome to the exciting world of XXXtreme Lightning Roulette at Casinoin!
- With every spin, you have the chance to win thunderous multipliers and rewards.
- Get 30 Free Spins on selected slot games by hitting the Lightning Number.
- Enjoy this offer up to 5 times a day and use your winnings with no wagering requirements.
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Newsbtc
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267
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Bitcoin Soars Towards $68K Amid Microsoft’s BTC Investment SEC Filing
- Microsoft is preparing for a critical shareholder meeting on December 10, during which the future of Bitcoin as a potential investment will be discussed.
- Bitcoin is currently trading at around $68,115, showing a 1.22% increase.
- Microsoft has filed an application to the US Securities and Exchange Commission proposing an evaluation of Bitcoin investment, but the board recommends voting against it.
- Despite Microsoft's cautious stance, institutional investors like BlackRock show increasing interest in Bitcoin.
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Crypto-News-Flash
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Image Credit: Crypto-News-Flash
Will Bitcoin Repeat the March 2020 Crash? Analyst Warns of Similar Trends
- Crypto trader and analyst Alan Santana predicts Bitcoin may face a similar capitulation event to the March 2020 crash after 224 days of sideways movement.
- Bitcoin whales have increased holdings by 1.9% in two weeks, while retail wallets have seen minimal growth.
- Santana believes that Bitcoin's current sideways trend resembles the market behavior before the March 2020 collapse.
- There is a possibility of a potential 2024 capitulation event where BTC might drop to levels observed in late 2023.
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Altcoinbuzz
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Microsoft to Vote on Bitcoin Investment Assessment in December
- Microsoft has asked shareholders to vote on whether to consider investing in Bitcoin.
- They are against a report called the 'Assessment of Investing in Bitcoin' as they believe they already have a good handle on it.
- Microsoft regularly evaluates new technologies like Bitcoin to determine their potential benefits.
- Shareholders will soon vote on the Bitcoin report, but Microsoft advises them to vote 'no' as they are already actively considering Bitcoin investments.
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Cryptoticker
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Microsoft Tells Shareholders to Vote No on Bitcoin Investment Proposal
- Microsoft has advised its shareholders to vote against a proposal suggesting it consider Bitcoin as part of its investment strategy.
- The proposal, brought forward by the National Center for Public Policy Research, advocates for Bitcoin as a hedge against inflation.
- Microsoft's board cautions against the proposal, highlighting the risks of cryptocurrency volatility and emphasizing its established treasury management processes.
- The National Center for Public Policy Research argues that Bitcoin is a strong hedge against inflation and recommends allocating 1% of assets into Bitcoin.
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Cryptonewsz
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Will Bitcoin Reach $100K Mark? Only 9.5% of Bidders in Favor
- Bitcoin's probability of reaching $100k by the end of the year is low, with only 9.5% of bidders in favor.
- The options market shows greater confidence in Bitcoin reaching $82k rather than $100k.
- Factors such as the upcoming Federal Reserve meeting, the US presidential election, and stable BTC volatility contribute to the subdued outlook.
- At present, Bitcoin is priced at $67,824, indicating a slow and steady upward trend that makes it highly unlikely to reach $100k by the end of 2024.
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Coinpedia
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Image Credit: Coinpedia
Could Bitcoin’s Longest Consolidation Lead to a New All-Time High?
- Bitcoin is currently experiencing its longest consolidation phase since March, sparking discussions on whether it will break up or down.
- Experts point to the Wyckoff accumulation phase and the strength of the broader market as indicators of a potential bullish continuation.
- If Bitcoin stays below the $50,749 level, it may signal a macro distribution and the end of the bull market.
- Despite uncertainty, the current market setup and expert insights suggest a potential buying opportunity for confident traders.
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Bitcoinsensus
3w
249
Image Credit: Bitcoinsensus
Solana Elmnts: Access Oil & Gas Royalties via Blockchain
- Solana's Elmnts project allows institutional investors to access oil and gas royalties via blockchain.
- The project combines the income potential of natural resources with the efficiency of tokenization.
- Elmnts broadens accessibility in energy investments by merging physical assets with blockchain finance.
- It opens new investment opportunities for institutions in the oil and gas sector.
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Bitcoinsensus
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Image Credit: Bitcoinsensus
Microsoft Bitcoin Investment Vote Set for December 10
- Microsoft shareholders will vote on a Bitcoin investment proposal led by a conservative think tank on December 10.
- Microsoft's board advises against the proposal, citing stability concerns.
- The board assures shareholders that it monitors cryptocurrency developments, including Bitcoin.
- The outcome of the vote will signal Microsoft's future approach to cryptocurrencies.
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TheNewsCrypto
3w
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Image Credit: TheNewsCrypto
Metaplanet Embraces BTC Yield to Enhance Shareholder Value
- Japanese investment firm Metaplanet has adopted a new performance metric called 'BTC Yield' to evaluate its growing Bitcoin holdings.
- BTC Yield measures the period-over-period percentage change in the ratio between Metaplanet's Bitcoin reserves and fully diluted shares.
- In October, Metaplanet's BTC Yield reached an impressive 116.4%, attributed to a substantial increase in Bitcoin holdings.
- Metaplanet plans to release BTC Yield metrics alongside each Bitcoin purchase announcement to offer transparency on shareholder returns.
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Altcoinbuzz
3w
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WARNING! Bitcoin & Crypto is at BIG RISK!
- Bitcoin's 21 million fixed supply is anchored into its source code and cannot change. However, there are a few unlikely scenarios where that could change.
- These scenarios include a hard fork, a protocol change, technical error, a quantum computing breakthrough, and external influences such as governments.
- BlackRock, a major player in the financial industry, is creating a wrapped Bitcoin product and could attempt to fork the Bitcoin chain, creating an institutional-based Bitcoin.
- Institutional liquidity is important for Bitcoin, but most holders and nation-states like El Salvador are likely to prefer the original, decentralized version of Bitcoin.
- Wrapped Bitcoin products like cbBTC, wBTC, tBTC, or SolvBTC could introduce the risk of more wrapped Bitcoin in the market than Bitcoin held as collateral for it.
- A new chain becoming the “new” Bitcoin is possible but unlikely. It would require many different parties, including users, developers, miners, and nodes, to agree to change which chain is the real Bitcoin.
- Overall, the original Bitcoin chain and its 21 million fixed supply are safe, but it's worth being aware of these potential risks in the crypto market.
- This information shared by Altcoin Buzz is for educational, entertainment, and informational purposes only. It is not financial advice, and we are not responsible for any investment losses incurred by readers.
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Tokenhell
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Bitcoin Adoption in El Salvador: Everything You Need to Know
- El Salvador shook the world in September 2021 when it announced that it had adopted Bitcoin as a legal tender.
- The move was intended to address national problems such as remittance fees and financial inclusion.
- Large companies like Starbucks, McDonald’s, and Pizza Hut now allow customers to pay their bills in BTC.
- El Salvador's government launched the Chivo wallet, allowing citizens to store their BTC and make daily transactions.
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Cryptoslate
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Image Credit: Cryptoslate
Cardano unlocks Bitcoin liquidity with BitcoinOS Grail Bridge integration
- Cardano has integrated with the Bitcoin ecosystem through BitcoinOS’s Grail Bridge, unlocking Bitcoin's liquidity for its DeFi ecosystem.
- Cardano becomes the first Layer 1 blockchain to use BitcoinOS infrastructure, tapping into Bitcoin's $1.3 trillion liquidity pool.
- The partnership aims to bridge the gap in the Bitcoin network by introducing infrastructure for DeFi activities.
- The integration enables trustless transfers of BTC and other Bitcoin-based assets on Cardano, and allows users to pay fees directly in Bitcoin.
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Bitcoinchaser
3w
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Image Credit: Bitcoinchaser
Get Ready for Some Spooky Fun with Rivaloween at Rivalo!
- Rivalo is hosting Rivaloween, a Halloween-themed promotion, from October 19th to November 3rd.
- Players can spin featured games to win countdown free spins and bonus rounds.
- Prizes have no wagering requirements and will be credited within 48 business hours.
- Rivalo offers a reliable gaming experience with diverse games, attractive bonuses, and fast payouts.
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Medium
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245
Image Credit: Medium
The Metaverse Market: What is the Hype All About?
- The metaverse is a virtual universe where virtual, augmented, and physical realities combine into one large shared online environment.
- The metaverse presents itself as an opportunity for new economic activity where individuals can buy and sell all manner of digital goods, own virtual real estate, and establish businesses.
- Several factors are driving the metaverse hype and substantial investments pouring into the space which comprises technological advancements, tipping towards digital lifestyles and economic opportunities.
- Entertainment, Gaming, Retail and E-commerce, Education and Training are the key industries touching the metaverse.
- Virtual real estate, NFTs integration, and digital assets are some important components of the metaverse economy.
- The metaverse poses significant challenges such as technical and infrastructure issues, privacy and security issues, regulatory and ethical issues.
- The analysts forecast that the metaverse can be a trillion-dollar market by the end of the decade, making it one of the fastest-growing sectors in the technology industry.
- The metaverse is quickly becoming an actuality and presents a new era in digital worlds connecting.
- Big Tech companies such as Meta, Microsoft, and Google invest billion dollar amounts in metaverse technologies research and development, paving the way for the next-level virtual world of the metaverse.
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