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Do you think Bitcoin limited supply of 21 million coin is a problem ?
#bitcoin
#DogecoinCommunity
yes
36%
No
50%
No Opinion
14%
14 votes • Voting closed
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Bitcoin surged to an all-time high near $95,000 as options trading debuted on Bitcoin ETFs, marking a significant milestone for the cryptocurrency market. The launch was spearheaded by BlackRock's Bitcoin ETF, IBIT, which saw over $2 billion in notional exposure on its first day, with optimistic traders heavily favoring call options over puts by a four-to-one margin. Experts like Douro Labs' Mike Cahill highlighted the bullish leverage reflected in the surge, signaling growing investor confidence. However, industry veterans like Custodia Bank founder Caitlin Long warned of the risks inherent in stacking derivatives, likening the dynamics to traditional Wall Street tactics that could jeopardize Bitcoin’s unique scarcity. While the accessibility of Bitcoin options opens new avenues for traders, it also raises concerns about market stability, reminiscent of past crises in both traditional finance and crypto. Despite these risks, Bitcoin’s upward momentum underscores strong demand as the cryptocurrency gains further legitimacy through institutional adoption. #bitcoin☀️ #CryptocurrencyTravel
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Elon Musk Takes on OpenAI and Microsoft in Renewed Legal Battle Elon Musk has reignited his clash with OpenAI, the artificial intelligence company he co-founded, by filing a fresh legal complaint that now includes Microsoft and LinkedIn co-founder Reid Hoffman as defendants. The revised lawsuit, submitted to a California court on Thursday, accuses OpenAI and Microsoft of monopolizing the AI industry, stifling competition, and straying far from the original nonprofit vision Musk helped establish in 2015. At the heart of Musk’s grievance is his belief that OpenAI, once focused on advancing artificial intelligence for the greater good, has transformed into a powerful for-profit entity. According to the lawsuit, OpenAI has become a “$157 billion for-profit, market-paralyzing gorgon,” leveraging its partnership with Microsoft to dominate the industry and shut out competitors, including Musk’s own AI company, xAI. A Fallout Years in the Making In 2015, Musk teamed up with other tech luminaries to create OpenAI, with a mission to build artificial general intelligence (AGI)—AI that can perform any task a human is capable of. The company was founded as a nonprofit, with a strong emphasis on transparency and public benefit. But in 2019, OpenAI pivoted to a “capped profit” model, enabling it to raise funds from investors while maintaining some nonprofit principles. This shift attracted significant investment, with Microsoft stepping in as a key partner. Microsoft initially invested $1 billion, later expanding its commitment to billions more in a multi-year deal by 2023. Musk has been vocal about his dissatisfaction with this transition. In a previous lawsuit filed earlier this year, he alleged that OpenAI had become a “closed-source de facto subsidiary” of Microsoft, betraying its original mission.
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Latest Developments in the Cryptocurrency Market (November 2024) The cryptocurrency space continues to see dynamic changes as market players and regulatory developments shape its trajectory. Here are some key updates: Bitcoin and Major Cryptocurrencies Bitcoin (BTC): Despite nearing the much-anticipated $100,000 milestone earlier this year, Bitcoin's price has recently corrected due to inflation concerns and signals from the U.S. Federal Reserve about maintaining high interest rates. However, analysts remain optimistic about a potential rally, with major options expiries later this year influencing price movements【7】【8】.Altcoins Performance: Altcoins such as Solana (SOL) and Dogecoin (DOGE) are experiencing notable surges. Solana's robust on-chain activity suggests further price momentum, while Dogecoin has formed bullish patterns, sparking speculation about a rally to $1【8】【9】. Token Unlocks In November 2024, projects are set to release $2.68 billion worth of tokens as vesting periods expire. Notable unlocks include: Memecoin (MEME): A significant release of 3.45 billion tokens, valued at $37.8 million.Aptos (APT): Unlocking $93 million worth of tokens, primarily distributed among contributors and the community【7】. Regulatory and Institutional Moves Goldman Sachs has increased its Bitcoin ETF holdings by 71%, reflecting growing institutional interest in cryptocurrencies【8】.Ripple (XRP): Ripple's ongoing lawsuit with the SEC has taken a hopeful turn as market sentiment around regulatory clarity improves following the U.S. elections【9】. Emerging Trends and Innovations Decentralized finance (DeFi) platforms like PancakeSwap are expanding accessibility through innovative tools like Telegram trading bots, enabling users to trade over 3,000 tokens easily【8】.Meme coins and unique tokens, such as Peanut (PNUT), have seen dramatic price increases following celebrity endorsements and market hype【9】. #Binance240MUsers #NextMarketMoves #bitcoin #dogcoin
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which meme animal do you find more adorable? #pnet #bitcoin
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Dogecoin (DOGE) Price Prediction for 2024, 2025, 2026, and 2030: A Look at the Future of the Meme Coin Once just a humorous spin on Bitcoin, Dogecoin has surprised many by evolving into one of the most recognized digital assets in the world. The cryptocurrency, symbolized by the popular Shiba Inu “Doge” meme, has come a long way since its 2013 creation. Over the years, Dogecoin (DOGE) has gained a strong community and considerable support, rising in value and even achieving a place among the top cryptocurrencies by market capitalization. With recent altcoin rallies and Dogecoin’s remarkable 80% surge in value over the past week, interest in its future remains high. Below, we’ll take a closer look at Dogecoin’s price predictions for 2024, 2025, 2026, and 2030, exploring what might shape its path forward. What Is Dogecoin? Dogecoin is an open-source, peer-to-peer cryptocurrency that began as a playful alternative to Bitcoin and other digital currencies. Unlike Bitcoin, Dogecoin has no fixed supply limit, which means it’s an inflationary asset. Despite this, its popularity has grown, and its use cases have expanded, often as a quick, low-cost way to send tips, donations, and small payments. Dogecoin’s lighthearted appeal has been bolstered by its dedicated community and prominent support from figures like Elon Musk, who has publicly expressed enthusiasm for DOGE. This combination of grassroots support and high-profile endorsements has helped Dogecoin stay relevant and secure its position as a top cryptocurrency. Recent Performance and Market Position Recently, Dogecoin has performed exceptionally well, especially amid a broader altcoin rally following the results of the U.S. presidential election, where Donald Trump’s victory was perceived as favorable for crypto markets. This surge in optimism lifted many altcoins, including Dogecoin, which jumped 80% in value. As a result, Dogecoin climbed from 10th to 6th in CoinMarketCap’s cryptocurrency ranking. #bitcoin #DogecoinCommunity
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