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Bitcoin (BTC)

XRP Price Analysis: What Could Spark Fresh Rally To $0.60

XRP price started a downside correction below the $0.565 zone against the US dollar. The price is now trading above $0.540 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5440 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.565 resistance. XRP price is consolidating near $0.550 against the US Dollar, like Bitcoin. It must stay above the...

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The Next Bull Market Is Approaching: Sparking Opportunities For BTCS And ETH

The prospect of another bull market has ignited hope and excitement within the crypto community, and market watchers suggest astute investors are eyeing opportunities in promising assets like Bitcoin Spark (BTCS) and Ethereum (ETH). What is Ethereum? Ethereum is a blockchain that has gained immense prominence. Its unique proposition lies in the ability to support smart contracts and decentralized applications (DApps). This has positioned Ethereum as a pivotal player,...

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What if a Spot Bitcoin ETF Was Approved? Galaxy Digital Foresees Inflows in the First Year

Galaxy Digital, the crypto venture led by U.S. billionaire Mike Novogratz, has projected a substantial capital influx into spot Bitcoin exchange-traded funds (ETFs). According to the estimations, these ETFs could witness an impressive $14.4 billion in inflows during their inaugural year, potentially reshaping the investment landscape. The venture contends that the allure of spot Bitcoin ETFs surpasses existing investment avenues, such as trusts and futures, which currently...

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Former Ripple (XRP) CTO, 7000 BTC in a Hardware Wallet and Their Potential Recovery: The Story

In September, a Seattle startup lab of white hat hackers sent proof to a senior writer at WIRED Magazine that they could crack the IronKey S200 thumb drive containing 7002 Bitcoins. But former Ripple CTO Stefan Thomas incredibly refused an offer by the Seattle startup, named Unciphered, to access the USB drive for him. Fmr. Ripple CTO Getting Closer to His 7002 Bitcoins Thomas told WIRED that he had already hired another team to work on the problem for him. The former Ripple...

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Zuger Kantonalbank: Grosses Interesse an Bitcoin-Angebot

Seit Anfang Oktober bietet die Zuger Kantonalbank als erste Staatsbank der Schweiz ihren Kunden den Handel und die Verwahrung von Krypto-Assets an. Bisher traf das Angebot auf reges Interesse bei den Zugern, wie Medien aus dem Crypto Valley schreiben. Sicher ist auch: Weitere Kantonalbanken dürften im Verlauf des kommenden Jahres an den Start gehen.Die Kantonalbank Zug wagte den grossen Schritt und informierte diesen Monat wie folgt: Seit heute können Kundinnen und Kunden der Zuger...

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Bitcoin (BTC) Price Prediction: How High Can BTC Go if ETF is Approved?

TL;DR The Depository Trust and Clearing Corporation (DTCC) briefly listed a spot Bitcoin ETF ticker symbol iBTC – BlackRock’s BTC ETF, leading to a BTC price surge to $35K. Market participants perceive the listing as a sign that the approval chances for a spot Bitcoin ETF have increased. Crypto analyst Pentoshi speculated that if a BTC ETF is approved, the Bitcoin price could potentially reach $180K in the next 5 years, though its long-term downside could be around $19-$20K....

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Bitcoin Price Steady Above $34K as Crypto Markets Consolidate (Weekend Watch)

The past few days have been mostly about consolidation, following Bitcoin’s rally to $35K and the slight correction that followed. These tend to be periods where the price fails to excite, but rather, market participants are evaluating their current standings and projecting what might happen next. Bitcoin Price Steady Above $34K The past 24 hours were optimistic for Bitcoin’s price, which managed to maintain above $34K. In fact, BTC attempted a push, but it was unable to...

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We Asked ChatGPT if Ripple (XRP) Will Outperform Bitcoin (BTC) in 2024

TL;DR BTC vs. XRP Purpose and Performance: While Bitcoin (BTC) was designed as a decentralized payment system and is now seen as a protection against global inflation, Ripple’s XRP is a tool for cross-border payments. 2024 Predictions and Factors: Key regulatory developments, like Bitcoin ETF filings and Ripple’s ongoing case with the US Securities and Exchange Commission set for April 2024, could significantly influence the price trajectories of both BTC and XRP. Other...

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Bitcoin (BTC) Price Rally to End With a Spot Bitcoin ETF Approval: Peter Schiff

Bitcoin price surged in a breakout rally to briefly touch $35,000 this month. But Euro Pacific Capital’s founder and chief global strategist doesn’t think it will last. This month saw the ever-widening buzz surrounding a hotly anticipated approval by the SEC of a spot Bitcoin ETF. The excitement has pushed blowout Bitcoin sales on crypto exchanges. But leave it to “Dr. Doom” (as Peter Schiff was nicknamed by the CNBC crowd during the housing bubble) to balk at Bitcoin’s...

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