Bitcoin is well into price discovery, but that is not stopping market participants from predicting a snap BTC price comedown. Bitcoin is dividing opinion as a weekend BTC price surge takes BTC/USD to nearly $80,000. BTC/USD 1-hour chart. Source: TradingView Mixed reactions as Bitcoin sees weekend surge Data from TradingView shows Bitcoin gaining almost $2,000 in a…
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The next four years should be ‘highly favorable’ to the digital assets sector, but thoughtful legislation will be critical. A second Trump administration is likely to elevate the crypto sector — both in the United States and overseas — informed market observers told in the aftermath of the Nov. 5 presidential election. It raises the…
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the FTX bankruptcy estate sues SkyBridge Capital and founder Anthony Scaramucci, the project director for the Norweigan central bank’s central bank digital currency (CBDC),…
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Bitcoiners don’t fear overvaluation the way stock traders do, says Bitwise Invest’s CEO, after Bitcoin reached new all-time highs this week. Bitcoin hit new all-time highs this week and isn’t triggering overvaluation concerns among investors the way stocks typically do, suggests a crypto exec. “Bitcoin is different,” asset manager Bitwise Invest CEO Hunter Horsley opined…
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The significant daily inflow into BlackRock’s spot Ether ETF comes as Ether’s price has seen its biggest weekly gains since May 2024. BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days. BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows…
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Several Bitcoin price analysts see BTC trading between $100,000 and $200,000 just before and after Trump’s inauguration. Bitcoin is in price discovery, hitting a record high of $76,990 on Bitstamp just days after Donald Trump emerged victorious in the United States presidential election. Several analysts predict further Bitcoin highs as market participants anticipate a more crypto-friendly business…
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Bitcoin is inches from the most rapid gains in its latest bull market, BTC price analysis concludes. Bitcoin will confirm its “parabolic phase” if BTC/USD delivers a weekly close above $71,500. That is according to the popular trader and analyst Rekt Capital, who, in one of his latest X posts, called time on BTC price consolidation. BTC…
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“Just as Amazon evolved beyond books to redefine entire industries, Ethereum may also surprise us with revolutionary use cases that we can’t fully envision today,” one 21Shares executive said. Wall Street investors are still largely unaware of Ethereum’s potential, akin to Amazon in the early nineties before it became a $2 trillion tech giant, according…
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The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI. Chinese e-commerce giant Alibaba is reportedly scaling down its metaverse operations, joining other tech giants that have reduced resources from the once hyped-up sector. Dozens of employees at Alibaba’s metaverse division have been axed as…
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The X account of rapper Wiz Khalifa was reportedly hacked, with posts shilling a memecoin called “WIZ,” which is now trading at a value of less than $10,000. The X account of rapper Wiz Khalifa is believed to have been hacked on Nov. 3, after the account posted a scam memecoin to the rapper’s 35.7…
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