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Tesla’s Bitcoin Holdings Surge Above $1 Billion, Generating Strong Returns
Tesla’s investment in Bitcoin has hit a new milestone, with the company’s holdings now valued at over $1 billion following a recent surge in the cryptocurrency market. According to data from Arkham, Tesla’s stock also rose 8% as Bitcoin reached a high of $88,000, indicating the positive impact of its crypto portfolio on its overall …
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Ripple CEO Confirms Meeting With President-elect Trump, Sparks XRP Excitement
Ripple CEO Brad Garlinghouse has confirmed that Ripple met with President-elect Donald Trump, stirring excitement and speculation within the XRP community about potential political influence and regulatory strides for cryptocurrency in the U.S. This confirmation, sparked by a social media post from crypto advocate Zach Rector, has led to a renewed buzz in the community …
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Dogecoin Rallies 48%, Bringing $1 Price Target Back Into Focus
Dogecoin (DOGE) is on a remarkable rally, climbing 48% in the past 24 hours and crossing the 41-cent mark for the first time since May 2021. The popular meme cryptocurrency has surged over 150% in the past week and nearly tripled in value over the last 30 days, according to recent data. The Impact of …
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Bitcoin Nears $90,000 As Trump’s Pro-Crypto Stance Fuels Market Optimism
Bitcoin, the world’s largest cryptocurrency, is on a remarkable upward trajectory, nearing $90,000. This recent surge is linked to Donald Trump’s election victory and his supportive stance toward cryptocurrencies, sparking optimism among investors for a more crypto-friendly US administration. Trump’s Crypto-Focused Policies Spark Investor Confidence Following Trump’s election, Bitcoin jumped by over 25% since November …
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Bitcoin Breaks $82,000: Analyst Peter Brandt Predicts Major Bullish Momentum
Bitcoin (BTC) recently soared past the $82,000 mark, reaching multiple new all-time highs (ATHs) since the beginning of the month. This rapid rise has reignited bullish sentiment across the crypto market, drawing attention from analysts who see even greater gains on the horizon. Rare Pattern Signals Bullish Potential Veteran trader Peter Brandt highlighted a unique …
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New REACT Token Is the Next Crypto Token That Should Be on Your Radar
In Bitcoin’s early days, a steep drop in its price had many believe that the cryptocurrency was doomed. Being the first digital asset to surface, it met widespread skepticism over whether it was even worth the risk of investment. Few bold investors decided to look beyond the doubt and take a chance on its future …
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Cardano’s Charles Hoskinson Apologizes to XRP Community
In a recent YouTube livestream, Charles Hoskinson, founder of Cardano, extended an olive branch to the XRP community, seeking to end long-standing tensions with Ripple supporters. Hoskinson’s apology marked a turning point, as he expressed his intention to collaborate with Ripple to benefit both ecosystems. Hoskinson’s Vision for Ripple-Cardano Collaboration During his address, Hoskinson outlined …
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Bitcoin Reaches New All-Time High Amid Market Optimism and Institutional Interest
The cryptocurrency market witnessed a significant boost over the last 24 hours, led by substantial gains in Bitcoin (BTC) and Dogecoin (DOGE). The global crypto market cap surged over 4%, reaching approximately $2.9 trillion during the early Asian session on Monday, November 11. Bitcoin notably rose by over 5%, achieving a new all-time high (ATH) …
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SEC Delays Ethereum ETF Options Approval, Boosting Market Speculation
The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on approving options for spot Ethereum ETF products. According to ETF Store President Nate Geraci, the delay affects options targeted by key issuers, including Bitwise, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as they await the green light from the regulatory …
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Robert Kiyosaki’s Bitcoin Strategy: Buy and Hold, Regardless of Price
Renowned author and investor Robert Kiyosaki, known for Rich Dad Poor Dad, is doubling down on his Bitcoin strategy, urging followers to accumulate Bitcoin irrespective of its market price. With Bitcoin now trading at $77,000, Kiyosaki continues to buy, believing in the cryptocurrency’s long-term wealth potential rather than focusing on short-term price changes. Buy and …
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El Salvador’s Bitcoin Investment Strategy Pays Off With 81% Profit
El Salvador’s pioneering commitment to Bitcoin has proven profitable, with recent data showing that the country’s BTC holdings have generated impressive returns. In November 2022, President Nayib Bukele introduced a bold strategy: buy one Bitcoin daily during the price slump. With Bitcoin’s recent surge, this move has resulted in an impressive $24.54 million in profits—an …
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Dogecoin Eyes New Bull Run Amid High Correlation With Bitcoin
Dogecoin (DOGE) has shown a high correlation with Bitcoin (BTC), maintaining a 0.92 correlation score, meaning its price movements closely follow Bitcoin’s trends, according to data from IntoTheBlock. As Bitcoin’s price climbs, Dogecoin has mirrored its movement—a trend that could spell trouble if Bitcoin’s trajectory reverses. However, this relationship has also been crucial in attracting …
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XRP Network Activity Declines As Price Faces Key Resistance Levels
Recent data reveals a sharp decline in XRP’s network activity, with whale transactions and major payments dropping by more than 50% over the past month. This slowdown in movement and transaction volume indicates reduced participation from large investors, signaling potential caution in the market. Price Facing Strong Resistance Around $0.57 XRP is trading at approximately …
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Ethereum Foundation Report 2024 Unveils Treasury Holdings and Focus Areas
The Ethereum Foundation (EF) recently released its 2024 report, providing a comprehensive overview of its treasury holdings, operational focus areas, and ongoing initiatives. Aya Miyaguchi, the Foundation’s executive director, shared the report, which outlines the organization’s financial reserves and its key objectives for the upcoming year. $970 Million in Reserves, Majority Held in ETH According …
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Cardano Surges 25%, Igniting Retail FOMO As Network Activity Soars
Cardano (ADA) has emerged as a significant player in the recent crypto market rally, posting a 25% increase in value within the last three days, according to data from Santiment. This jump brought ADA’s price to $0.43 for the first time since July, creating a ripple of excitement across the Cardano community. Whale Activity Drives …
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Hester Peirce Unlikely to Succeed Gensler As SEC Chair
In recent developments, SEC Commissioner Hester Peirce, known affectionately in the industry as “Crypto Mom” for her favorable stance on digital assets, has indicated she is not interested in taking over as SEC Chair. This news comes amid rumors of Gary Gensler’s imminent departure, creating a stir in the crypto and financial sectors. Dan Gallagher …
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Dogecoin Soars 79% With Analysts Predicting Continued Bull Run
Dogecoin has surged by 79% over the past month, fueled by increasing investor interest and a strengthening technical outlook. As analysts continue to forecast more upward momentum, Dogecoin appears to be positioning itself for even higher targets. Market Insights: Analysts See Dogecoin Breaking Higher Crypto analyst Ali Martinez points to Dogecoin’s current consolidation within a …
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Bitcoin Hits New ATH As Altcoins Surge in Crypto Market Rally
Bitcoin recently reached a new all-time high (ATH) of $76,460.15, marking a substantial rally over the past week. Despite this impressive peak, analysts suggest Bitcoin may still have room to grow. Data platform CryptoQuant reported that Bitcoin’s MVRV ratio indicates it is not yet at its peak value, hinting at potential for further price discovery. …
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Bitcoin Hits Record High After Pro-Crypto Congress and Trump Win
Bitcoin hit a new record high of $76,444 during late trading on Wednesday, riding a wave of pro-crypto sentiment following the U.S. presidential election. With Donald Trump securing the presidency with 295 electoral votes, crypto advocates see his win and a favorable Congress as a turning point for the industry. Election Fuels Bitcoin’s Gains Over …
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XRP Gains Momentum Above Key Support, Eyes Further Upside
XRP has been showing signs of strength, gaining pace above the $0.5350 support level. Supported by recent bullish trends, XRP is on a steady rise, currently trading above $0.5400 and positioned above the 100-hourly Simple Moving Average (SMA). Key Support and Resistance Levels XRP’s price action has been supported by a strong base formed around …
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WillBTCBreak100KSoon
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$BTC $100K BTC Will Take Some Time
Ok then. We finally had that moment.
$90K BTC - Nearing the iconic $100K level and retracting back. And this was needed for the greater good. 🪙THE ALTCOINS.
For altcoins to soar, the BTC.D needs to go down. Today after hitting $90K, a milestone achieved for the first time, price breached the oversold zone.
A sell off was necessary. This is the time when BTC could be hovering between the $89K-75K zone before heading towards the $100K landmark.
And this is where Alts will have the upper hand. As the dominance will go down, the alt mkt cap will shoot up. We will experience the best alt season ever.
Why the dominance fall?
It's the circle. After BTC hits a milestone high during a bull run, the money then flows to the altcoins. The very old reason for the altcoin market cap to go parabolic.
#WillBTCBreak100KSoon #AltCoinRush
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