Category: Bitcoin
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Vancouver Mayor Pushes Bitcoin As Reserve Asset In Bold Financial Plan
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Vancouver is the latest city to join discussions about adding Bitcoin to the government’s financial reserves. At the Nov. 26 City Council meeting, Mayor Ken Sim filed notice of motion, where he plans to present his proposal Proposed Bitcoin Bill On December 11th. The city’s proposal is titled “Preserving the…
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Holiday Hype: Bitcoin Set For Thanksgiving Rebound To $99,000, Analyst Says
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As US markets closed for Thanksgiving, the market’s largest cryptocurrency, Bitcoin (BTC), reclaimed the $96,000 mark, approaching its all-time high of $99,500 and the coveted milestone of $100,000. Analysts are skeptical about maintaining momentum towards $100,000 The recent fluctuations in the price of Bitcoin have been attributed to a combination…
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Bitcoin Price Poised for Another Rise: The Next Move Awaits
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Bitcoin price is recovering above the $95,000 level. BTC is showing positive signs and aims for a new surge above the $98,000 level. Bitcoin started a new surge above the $95,000 area. The price is trading above $95,500 and the 100 hourly simple moving average. There was a break above…
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Peter Schiff Slams MicroStrategy’s Bitcoin Bet: ‘It Will Crash’
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A well-known gold advocate denounced MicroStrategy’s investment plan to buy more Bitcoin and build its cryptocurrency reserve. Peter Schiff, an outspoken critic of the first cryptocurrency, also criticized President-elect Donald Trump’s pro-crypto stance, arguing that it is hurting the country. MicroStrategy Bitcoin investment strategy MicroStrategy revealed that it has a…
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When Will Bitcoin Break The Sell Wall At $100,000?
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In search Note Titled “Bitcoin’s Path to $100,000 – Tear Down That Wall,” Alex Thorne, Head of Corporate Research at Galaxy Digital, provides an analysis of Bitcoin’s recent performance and the factors influencing its path toward the $100,000 goal. Bitcoin has not traded below $90,000 over the past week, sparking…
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Bitcoin Holds Above $90K – On-Chain Data Reveals Key Demand Levels
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This article is also available in Spanish. Bitcoin recently saw a 9% bounce from its all-time high of $99,800, narrowly missing the psychological level of $100,000. The pullback sent Bitcoin falling to a low of $90,700 on Tuesday, sparking concern among some investors. However, the price has since recovered, showing…
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Bitcoin Holds Above $90K – On-Chain Data Reveals Key Demand Levels
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This article is also available in Spanish. Bitcoin recently saw a 9% bounce from its all-time high of $99,800, narrowly missing the psychological level of $100,000. The pullback sent Bitcoin falling to a low of $90,700 on Tuesday, sparking concern among some investors. However, the price has since recovered, showing…
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Storm Ahead? Bitcoin Price Could Tumble 20% Due To M2 Supply Concerns
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This article is also available in Spanish. Investors have expressed concerns about the recent volatility in Bitcoin prices, especially in light of analysts’ expectations of a 20-25% decline in the global M2 money supply. Related reading At $92,864, Bitcoin is down about 9% from its recent high of just under…
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Storm Ahead? Bitcoin Price Could Tumble 20% Due To M2 Supply Concerns
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This article is also available in Spanish. Investors have expressed concerns about the recent volatility in Bitcoin prices, especially in light of analysts’ expectations of a 20-25% decline in the global M2 money supply. Related reading At $92,864, Bitcoin is down about 9% from its recent high of just under…
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Trump’s Crypto Czar Candidate Sees Strategic Value In Establishing A US Bitcoin Reserve
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Chris Giancarloa leading candidate to chair the US Commodity Futures Trading Commission (CFTC) and author of the book “Crypto Dad,” recently addressed key aspects of President-elect Donald Trump’s ambitious plans for the cryptocurrency sector. In an interview with Fox Business, Giancarlo highlighted Trump’s vision to make the United States a…
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Bitcoin Won’t Hit $400k This Cycle, Realistic Target: VanEck CEO
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This article is also available in Spanish. in interview With Mario Novel, Jan Van Eck, CEO of $118 billion global asset manager VanEck, provides an analysis of the potential path for Bitcoin, the US fiscal deficit, and broader financial markets. Contrary to some overly bullish forecasts, Van Eck provided a…
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9 Major Companies That Adopted Strategic Bitcoin Reserves This Month
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in the wake of President-elect Donald Trump Following the proposal to create a strategic reserve of Bitcoin (BTC) at the National Bitcoin Conference in Nashville earlier this year, there has been a notable rise in Bitcoin adoption by many countries and companies. This month alone, nine major companies from diverse…
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Bitcoin Sell-Side Pressure Dominated By New Holders, Research Shows
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Ash is a cryptocurrency researcher and blockchain enthusiast with a passion for delving into the evolving world of decentralized technologies. With a background in writing and a natural curiosity about how digital assets will shape the future, he immersed himself in different sectors of the cryptocurrency space, including decentralized finance…
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Bitcoin Sell-Side Pressure Dominated By New Holders, Research Shows
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Ash is a cryptocurrency researcher and blockchain enthusiast with a passion for delving into the evolving world of decentralized technologies. With a background in writing and a natural curiosity about how digital assets will shape the future, he immersed himself in different sectors of the cryptocurrency space, including decentralized finance…
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Bitcoin is Neither Racist, Xenophobic, nor Misogynistic: A Response to Ideological Stereotyping
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A few hours after the US election results were announced, I received messages from friends filled with startling assumptions. Some congratulated me and sarcastically said: “Congratulations, your team has won Bitcoin.” Others expressed their disapproval with phrases such as: “It’s pathetic!” and “I was shocked that Americans just voted for…
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Bitcoin is Neither Racist, Xenophobic, nor Misogynistic: A Response to Ideological Stereotyping
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A few hours after the US election results were announced, I received messages from friends filled with startling assumptions. Some congratulated me and sarcastically said: “Congratulations, your team has won Bitcoin.” Others expressed their disapproval with phrases such as: “It’s pathetic!” and “I was shocked that Americans just voted for…
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Bitcoin Is Facing A Correction But Remains Bullish – Metrics Confirm Further Upside
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Bitcoin has seen a 9% bounce from its all-time high of $99,800, but its long-term bullish structure remains intact. Although this correction is notable, it has not dampened investors’ optimism, as many are willing to buy the dip and push Bitcoin beyond the $100,000 mark. According to key metrics shared…
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Will The Bitcoin Price Repeat the November 28 ATH Pattern of 2013 and 2017 in 2024?
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Bitcoin is constantly in the news, and over the years, November 28 has emerged as a pivotal date in its history. On this day in 2013 and 2017, Bitcoin rose to new ATHs, sparking global interest and investor enthusiasm. As we approach November 28, 2024, the question arises: can Bitcoin…