Bitcoin
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Cryptocurrency
Arthur Hayes Predicts Unlikely Bitcoin Reserve and Cautions About BTC Sell-Off Under Trump
As the cryptocurrency world remains on edge with the political landscape evolving, Arthur Hayes, the former CEO of BitMEX, has issued a stark warning. He suggests that Bitcoin may face a significant sell-off upon Donald Trump’s return to the presidency. Through a comprehensive blog post, Hayes articulates his doubts about Trump’s ambitious cryptocurrency promises, including turning the U.S. into the “crypto capital of the world” and creating a national Bitcoin…
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Cryptocurrency
Arthur Hayes Predicts Bitcoin Reserve Unlikely; Cautions BTC Sell-Off Under Trump
Arthur Hayes, the former CEO of BitMEX, has raised concerns about a possible “vicious sell-off” of Bitcoin upon Donald Trump’s assumption of office. In a comprehensive blog post, Hayes expressed doubt about Trump’s capability to deliver on his ambitious crypto promises, such as transforming the United States into the “crypto capital of the world” and establishing a Bitcoin reserve. Hayes Doubtful Over Trump’s Policy Implementation Arthur Hayes is skeptical about…
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Cryptocurrency
Binance to Remove WRX, AKRO, and BLZ from Listings
The cryptocurrency market is no stranger to volatility, and today was no exception. The market has witnessed a substantial shake-up, leading to a market cap decline of 2.63%, settling at $3.67 trillion. This turbulence has noticeably affected trader activity, with trading volumes experiencing a slight dip of 1.32%, reaching $203.4 billion. Despite these fluctuations, the Fear & Greed Index remains steadfast at a score of 80, a clear indicator of…
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Cryptocurrency
Binance to Remove WRX, AKRO, and BLZ from Listings
The cryptocurrency landscape today has experienced notable turbulence, leading to a contraction in the overall market capitalization, which decreased by 2.63% to reach $3.67 trillion. This upheaval has notably affected trader activities, with trading volumes also witnessing a decline of 1.32%, settling at $203.4 billion. Despite these fluctuations, the Fear & Greed Index remains steady, consistently signaling a score of 80. This indicates a prevalent sentiment of extreme greed among…
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Cryptocurrency
Is MicroStrategy’s High Pricing Affecting Bitcoin Investors?
MicroStrategy, often perceived as a leveraged Bitcoin play or a synthetic call option, has recently come under scrutiny. Renowned crypto expert Alex Kolicich sheds light on why MSTR might not be the optimal avenue for gaining Bitcoin exposure. Let’s delve into his insights and explore potential alternatives! Prime Misconception About MSTR The current valuation of MicroStrategy (MSTR) stands at $386.42, with the market observing a notable surge of over 10.96%…
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Cryptocurrency
Is MicroStrategy’s High Pricing Affecting Bitcoin Investors?
MicroStrategy has often been viewed as a go-to option for those looking to gain exposure to Bitcoin, frequently described as a leveraged Bitcoin play or a synthetic call option. However, according to crypto expert Alex Kolicich, there are significant reasons to reconsider this perspective. Let’s delve into his insights and explore why MicroStrategy might not be the best option for Bitcoin enthusiasts. Prime Misconception About MicroStrategy (MSTR) The current price…
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Cryptocurrency
Parabolic Surge Ahead—Is $110K the Initial Target?
Bitcoin (BTC) has seen a steady upward trajectory recently, but the momentum that once drove its price hike is showing signs of slowing. As we observe altcoins preparing for potential breakthroughs, Bitcoin’s landscape is characterized by heavy liquidation events. In the past 24 hours alone, over $333 million in long positions have been liquidated, suggesting that the flagship cryptocurrency may enter a consolidation phase. This period of stability could set…
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Cryptocurrency
Parabolic Surge Ahead—Is $110K the Initial Target?
In recent times, Bitcoin (BTC) has shown a steady upward trend, though the momentum has begun to wane as several altcoins indicate potential breakouts on the horizon. The crypto market has witnessed significant liquidations, with long traders facing losses exceeding $333 million in just the past 24 hours. This wave of liquidation suggests that Bitcoin might continue its consolidation phase, potentially setting the stage for renewed bullish trends in the…
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Cryptocurrency
Cryptocurrency Prices on December 18, 2024: Bitcoin Reaches a Record High of $108,000
The Current State of the Crypto Market The cryptocurrency market is experiencing a slight pullback today, with the overall market capitalization declining by 2.81%, currently standing at $3.63 trillion. Intraday trading volumes have also seen a decrease, dropping by 3.50% to $192.27 billion. These figures have raised some eyebrows, especially after Bitcoin’s recent achievement of a new all-time high (ATH) above $108k. Despite the temporary decline, market sentiments remain optimistic…
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Cryptocurrency
Crypto Update for December 18, 2024: Bitcoin Reaches New All-Time High of $108k
Overall Market Performance Today, the cryptocurrency market is witnessing a minor retreat, with the total market capitalization slipping by 2.81% to settle at $3.63 trillion. Intraday trading volumes have also decreased by 3.50%, reaching $192.27 billion. These changes have surprised many, particularly after Bitcoin’s recent achievement of a new all-time high (ATH) exceeding $108,000. Despite the dip, market sentiments remain optimistic, as the Fear & Greed Index continues to indicate…
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