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TL;DR Analysts are expecting a strong rally for BTC due to bullish market signals and potential accumulation by major players. On the other hand, high profitability for holders may suggest a short-term price correction. Is an explosive rally for BTC coming? The major digital asset traded flat over the weekend in a range of $66,500 to $67,500. However, the start of a new week brought a fresh resurgence, with BTC surging well above $68,500. BTC price, source: CoinGecko Multiple analysts spot price rise and assume further exponential rise in the near future. of popular X User Mickey Bull Crypto claimed…
shares of Bitcoin BTC/USD mine stock Clean Spark Co., Ltd. CLSK Shares are rising on Monday after the company announced approval for an authorized stock increase. what happened: CleanSpark held a special general meeting on Friday, where shareholders approved an amendment to its articles of incorporation that increases the number of the company's issuable common shares from 300 million to 600 million. CleanSpark said it will apply to the Nevada Secretary of State to implement the authorized stock increase after receiving the final vote results from the special meeting. As Bitcoin prices rise, CleanSpark stock could also rise along with…
18:35 ▪ 3 Minimum read time up to ▪ Eddie S. As the Ethereum network continues to grow, criticism has grown regarding the crypto network's ability to effectively handle increasing amounts of data. Ethereum co-founder Vitalik Buterin recently spoke out in defense of blockchain strategy in the face of these growing concerns, and listed the steps taken to maintain the network's efficiency. Vitalik Buterin responds to criticism regarding cryptocurrency data overload! Data overload, or “data bloat,” is a big problem for blockchains because it can slow down cryptocurrency transactions and increase storage costs. As one of the largest blockchains, Ethereum…
Throughout most of October, Bitcoin (BTC) outperformed many of the top 100 altcoins, dispelling speculation that altcoin season would begin this month. However, as we approach the 11th month of this year, BeInCrypto has revealed three bullish altcoins that are predicted to outperform Bitcoin. In this analysis, we will discover why these cryptocurrencies perform better. The top three include Apecoin (APE), Dogecoin (DOGE), and Solana (SOL). Ape Coin (APE) Apecoin is one of the few altcoins that has performed better than BTC this month. In the past 30 days, APE's price has increased by 27%. This was primarily driven by…
Renowned French chef Ludo Lefebvre is becoming a regular at Crypto.com Arena. And it's not just because you can expect to see him sitting courtside watching the Lakers; instead, you're likely to find him wearing a chef coat at some of the venue's most popular concession stands. Because it's expensive.“We want to feed more people and cook for the masses, so we decided to go to the arena,” Lefebvre said while standing on Crypto.com’s rooftop deck during a tasting event that included food from two new concession stands. I want to stand up,” he said.The fine dining chef's new spots,…
Analyst Alex Krueger doubts whether Ethereum will be able to participate in a broader market rally if Donald Trump wins the US presidential election. Other analysts dispute the “Ethereum is dead” statement, arguing that Ethereum has hit rock bottom and is on the verge of a bullish reversal. Ethereum (ETH) has been trading below the key support level of $3,000 for the past few months. Meanwhile, rivals Bitcoin (BTC) and Solana (SOL) have shown a strong desire to return to year-to-date highs. The current struggle can be seen in the following graph. 6.86% In the last 7 days. Fortunately for…
Just over a week left until the US presidential election. Bitcoin Investors remain bullish. After continuing, break the record,new Bitcoin Exchange Traded Fund (ETF) Nearly $1 billion flowed into the fund last week, giving investors the largest exposure to cryptocurrencies, data from European asset manager CoinShares showed on Monday.With former US President Donald Trump leading current Vice President Kamala Harris in some polls, and a commanding lead on cryptocurrency prediction market platform Polymarket, the company is not talking about the election. Pointed out. Former President Trump is said clearly If he wins, it will help the digital asset industry. A…
On Sunday's much-anticipated podcast episode, presidential candidate Donald Trump spoke with host Joe Rogan for three hours, but cryptocurrencies and Bitcoin were not mentioned once. This controversial topic has been brought up more frequently by both Trump and Kamala Harris as Election Day approaches. Harris' recent attempts to win over black male votes backfired among the crypto community. Some people were quick to point out that Her administration has failed to develop concrete cryptocurrency regulationsInstead, they are alienating top companies with seemingly baseless lawsuits. At least President Trump has said he's open to the possibility of aliens. Meanwhile, Trump has…
This is part of the Empire newsletter. To read the full version, go to Subscribe. Ethereum and Solana will go down as one of the biggest competitors in cryptocurrencies. ETH bears will say that Vitalik’s modular scaling roadmap, which currently spawns over 100 satellite blockchains, is doomed to create little value for the underlying asset. After all, what's the point of pushing on-chain activity away from the mainnet and into smaller networks if that activity doesn't somehow lead to an increase in ETH price? Otherwise, Solana has made great strides in focusing the community on one chain, and Solana's DEX…
In 2016, a Bitcoin investor who bought $1,000 worth of Bitcoin on Election Day would have seen his investment grow to more than $10,000 just one year later. This is a dramatic example of how the world of crypto relates to elections, and a hint at what's to come this election season.What impact will the next president have on crypto prices? Things are far from certain, and predicting the market by skimming the chart-based tea leaves is a dangerous method. Still, some factors remain predictable. One is people's general reaction to a presidential candidate winning the White House. The other…