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news-imageOctober 16, 2024

Solana (SOL) Price Prediction as BTC Reclaimed $65K: Will this Proprietary Hybrid Layer-1 Blockchain Overtake Cardano (ADA)?

Sentiment has been euphoric as Bitcoin (BTC) crossed $65,000 this week. With the momentum set to continue and altcoins poised for a parabolic run, this post will cover the Solana (SOL) price prediction for the month and the rest of the year.
Publisher: Crypto Reporter
Sentiment: Positive
ADA
BTC

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Positive
cover-imageAltcoin Buzz
November 27, 2024

Brazil Plans Bitcoin Reserve to Boost Economy

Congressman Eros Biondini wants to establish the Bitcoin Sovereign Strategic Reserve, also known as RESBit (Reserva Estratégica Soberana de Bitcoins). This reserve would help Brazil's Treasury by adding Bitcoin to its mix of national assets.

Negative
cover-imageThe Currency Analytics
November 27, 2024

Bitcoin Faces 25% Correction as M2 Liquidity Tightens

Bitcoin (BTC) investors are bracing for potential volatility as analysts highlight a concerning trend: Bitcoin's price has historically tracked the global M2 money supply with a 70-day lag. Following a recent decline in global liquidity, Bitcoin might experience a 20–25% pullback in the near future.

Positive
cover-imageBenzinga
November 27, 2024

Surge In Bitcoin, Dogecoin And Other Cryptos Boosting Home Ownership Among Low-Income Americans, Says Treasury Department

The rise in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE), and others may have enabled lower-income households to take out new mortgages to purchase property, a new study revealed. What Happened: A paper by the U.S. Treasury's Office of Financial Research has identified a correlation between the surge in cryptocurrency investments and an increase in debt, particularly mortgages, in areas with high exposure to cryptocurrencies.

Negative
cover-imageCoinPedia
November 27, 2024

Bitcoin Price Prediction Today: Bears Target $77000

Bitcoin is currently trading slightly above the $93k level and is down by more than one percent in the last 24 hours. The largest cryptocurrency has almost erased the majority of the gains made in the last seven days and is now failing to rise back above the $95k levels.

Negative
cover-imageInvezz
November 27, 2024

Bitcoin options show increased caution as $100K remains elusive

Bitcoin, the largest cryptocurrency, has reversed course after flirting with the $100,000 mark. The digital asset reached an all-time high of $99,830 on November 22 but has since dropped over 8% to $91,377.32 as of Tuesday. As of 11:48 am IST on Wednesday, BTC stood at $93,099, according to CoinGecko.

Positive
cover-imageBitcoinist
November 27, 2024

Cardano Adoption Now Fastest Since June 2023: Start Of New Rally?

On-chain data shows the adoption of Cardano is now happening at the fastest pace since June 2023, a sign that could be bullish for ADA's price. Cardano Has Registered An Uptick In New Addresses Recently According to data from the market intelligence platform IntoTheBlock, the ADA network has been growing recently.

Positive
cover-imageThe Currency Analytics
November 27, 2024

Cardano Price Prediction: Can ADA Achieve a 45% Rally This Week

Cardano (ADA) has experienced a remarkable recovery, surging by 200% in three weeks to reclaim the $1 mark—its highest level since 2022. As the altcoin continues to gain momentum, traders are closely monitoring its potential to rally another 45% and reach $1.5 this week, drawing parallels to its bullish performance in early 2021.

Positive
cover-imageBitcoinist
November 27, 2024

Morocco To Legalise Bitcoin And Crypto, Says Central Bank Chief

Morocco is poised to lift its long-standing ban on Bitcoin and cryptocurrencies, signaling a significant shift in the nation's financial policy. According to Reuters, Abdellatif Jouahri, the Governor of Bank Al-Maghrib (BAM), announced that a draft law regulating crypto assets is in the final stages of adoption.

Positive
cover-imageThe Currency Analytics
November 27, 2024

Solana's Path to Top 3: SOL Price Surge Could Flip Tether

Solana (SOL) is rapidly emerging as a strong contender in the cryptocurrency market, with recent price action displaying resilience even amid broader market downturns. While Bitcoin (BTC) experienced a significant drop, falling below the $95,000 mark, Solana continued to show strength, recently breaking its all-time high (ATH) of $262.

Negative
cover-imageCoinPedia
November 27, 2024

Cardano Price Prediction For November 27

Cardano's ADA is currently trading below the crucial $1 mark and is down by more than three percent in the last 24 hours. The coin is facing resistance at a crucial level known as the “golden pocket.” This resistance is between $1.13 and $1.23.

Negative
cover-imageThe Currency Analytics
November 27, 2024

Bitcoin Struggles Amid Economic Pressures and Market Uncertainty

Bitcoin has recently seen a significant drop in value, shedding 4% of its price and failing to hold onto the critical $100,000 support level. This fall, which saw Bitcoin trading as low as $92,785, has raised concerns among investors about the future of the world's most popular cryptocurrency.

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