Elon Musk’s role in the new Department of Government Efficiency fuels speculation about Dogecoin’s growing influence.Dogecoin rallies post-election, driven by Musk’s support and growing retail investor enthusiasm for meme coins. Elon Musk’s favorite memecoin, Dogecoin (DOGE), has once again seized the spotlight with an incredible 180% increase post-election, according to a popular TradingView analyst. With...
Nations may adopt Bitcoin to hedge against currency devaluation, following Bhutan’s strategic Bitcoin reserve model.Corporate and government interest in BTC is rising, spurred by economic uncertainty and regulatory shifts. Anthony Pompliano, CEO of Professional Capital Management, and Phil Rosen, Co-Founder of Opening Bell Daily, recently spoke about the rising momentum of Bitcoin, record highs, and...
CryptoQuant CEO Ki Young Ju expects Bitcoin to decline to $58k by year-end; however, the managing partner at HDI Fund, Guy Armoni, thinks the asset would breach the $100k resistance level and continue to reach $250k. Seven out of nine expert predictions on Bitcoin estimate a run above $100k by December 31. Bitcoin’s (BTC) explosive run...
Satoshi Act Fund co-founder discloses speculations that “multiple cabinets” support the creation of Bitcoin strategic reserve.Galaxy Digital’s Mike Novogratz also believes that this establishment is unlikely as there could be a crash between the different branches of government. Following the re-election of pro-crypto candidate Donald Trump, rumors surrounding the establishment of a Bitcoin (BTC) strategic...
Bitcoin (BTC) has been predicted to enter the $100k zone following the recent release of the Consumer Price Index (CPI) with the Producer Price Index (PPI) also expected soon. Ali Martinez has predicted that Bitcoin could hit the $255k price point in this cycle based on the formation of a “cup” and “handle” pattern that started...
Bhutan transferred 367.26 BTC to Binance, reflecting a strategic approach to managing its cryptocurrency reserves.Bhutan uses eco-friendly hydroelectric power for sustainable Bitcoin mining, bolstering its reputation in the crypto industry. The Royal Government of Bhutan has reportedly transferred 367.26 BTC to Binance, worth roughly $33.51 million. The transaction, which is thought to be a preliminary...
US President-elect Donald Trump is reportedly considering a blockchain-based election voting and identity verification system to eliminate election fraud. It is also speculated that multiple Congress are in support of the possible Bitcoin strategic reserve. Donald Trump’s re-election into the presidency is reported to have started impacting the overall fundamentals of the crypto industry, as rumors...
The derivatives market for Litecoin has seen a spike in activity, reflecting heightened market participation and increased open interest.Analysts remain optimistic about Litecoin’s future, supported by increasing net inflows and potential catalysts such as the approval of Canary Capital’s Litecoin ETF. Litecoin price has remained relatively in an uptrend since August. This movement is primarily...
NEAR price is seeing massive volatility amid general market consolidation.Deutsche Telekom has joined the protocol as a validator, a positive push for institutional adoption. NEAR Protocol (NEAR) has seen a price increase of over 42% in the last 7 days, pushing it closer to the $20 mark. This strong bullish momentum comes after German telecommunications...
Bitcoin (BTC) has breached the $89k resistance level in a daily surge of 10% as it approaches the $90k zone. An analyst predicts massively for Bitcoin as he claims the distance from $75k to $100k is just an air gap. The much anticipated post-election bull run may have been triggered by the sentiments surrounding Donald Trump’s re-election...