4 reasons why $100K is the next logical step for Bitcoin
Bitcoin’s path to $100,000 is supported by strong institutional interest, macroeconomic trends, and miner confidence. Go to Source
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Bitcoin’s Thanksgiving Drama: 5 Years of Crashes, Comebacks, and Chaos
Thanksgiving is a fascinating period for bitcoin (BTC), often showcasing wild price swings and headline-grabbing moments. Feast or Famine in 2024? Bitcoin’s Thanksgiving History Leaves Investors Guessing Over the last five years, bitcoin’s holiday behavior has piqued the curiosity of investors and analysts. From dramatic tumbles to meteoric climbs, Thanksgiving has consistently spotlighted the currency’s … Read more
Bitcoin ETFs Reel in $103M in a Day, Pushing Cumulative Inflows to $30.38B
The 12 spot bitcoin exchange-traded funds (ETFs) had a standout Wednesday, capitalizing on BTC’s latest price climb. Collectively, these funds attracted $103.09 million in inflows, pushing their cumulative net inflows since Jan. 11 to an impressive $30.38 billion. Bitcoin and Ethereum ETFs See Combined $193M Inflows on Wednesday Leading the charge, Bitwise’s BITB pulled in … Read more
Bitcoin halving birthday: 12 years of limited supply and milestones
Bitcoin celebrates 12 years since its first halving event, with block rewards shrinking to 3.125 BTC and miners adapting to higher difficulty amid rising prices. Go to Source
Traders Shift Focus To Altcoins Amid Bitcoin Dip
While Bitcoin’s price slipped to as low as $93K on Monday, traders have turned their attention to altcoins, uncovering potential opportunities in emerging narratives and under-the-radar tokens. The Sandbox ($SAND) The metaverse and GameFi sectors are regaining momentum, with $SAND drawing increased interest. Investors are showing renewed confidence in metaverse-focused projects, signaling a shift toward … Read more
Bitcoin’s On-Chain Activity Surges As Market Dynamics Shift
Bitcoin’s on-chain activity is experiencing a significant uptick, marking the first sustained growth of this scale since 2021. Daily active addresses are nearing 1 million, highlighting renewed interest in the cryptocurrency. https://twitter.com/intotheblock/status/1861338230676721786?t=Ut54ItPXiZ7fGUf1Wsdpzw&s=19 One factor contributing to Bitcoin’s recent retracement is elevated funding rates, which signaled excessive leverage in the market. However, these rates have now … Read more
Russian gov’t approves new crypto taxation framework
The Russian Federation Council’s approval of the new crypto taxation regime comes amid Bitcoin hitting all-time highs against Russia’s national currency, the ruble. Go to Source
Crypto thrives in India despite ‘discouraging’ taxes — Local community
India’s crypto community has shown resilience to harsh taxation requirements, with its crypto ecosystem gaining momentum, although not at its full potential. Go to Source
Bought the dip? 3 signs that $90K Bitcoin price was the local bottom
The latest Bitcoin price pullback toward $90,000 was likely a buy-the-dip opportunity and in line with previous bull markets, several key market metrics suggest. Go to Source
FBI Sting Reveals Bitcoin Scheme Behind Counterfeit Goods Network
Alan Joseph, a Lancaster, Massachusetts man, was convicted on Nov. 22 for running an unlicensed business that converted cash into bitcoin to aid criminal activities, the U.S. Department of Justice (DOJ) said on Tuesday. Between August 2020 and February 2021, Joseph conducted transactions, including a $25,000 cash-to-bitcoin exchange, for an undercover agent who claimed involvement … Read more
