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news-imageOctober 7, 2023

Unlocking New Horizons: wBTC and BTCS Redefining Bitcoin's Potential

In the ever-evolving world of cryptocurrencies, two innovative projects are capturing the attention of investors and enthusiasts alike—Wrapped Bitcoin (wBTC) and Bitcoin Spark (BTCS). These projects are not only making waves but also opening up new horizons for the crypto ecosystem, each in its unique way.
Publisher: The Currency Analytics
Sentiment: Positive
BTC
WBTC

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Positive
cover-imageCryptopolitan
November 23, 2024

VanEck predicts Bitcoin price at $180K

VanEck analysts forecast Bitcoin price will hit $180,000 in 18 months, by favorable regulations, rising institutional interest, and a changing market structure, though they caution about short-term risks. VanEck has reaffirmed Bitcoin price target of $180,000, predicting the cryptocurrency will reach this level within 18 months.

Neutral
cover-imageNewsBTC
November 23, 2024

54% Of Bitcoin Supply Inactive Since 2 Years Despite 500% Price Jump

On-chain data shows a majority of the Bitcoin supply hasn't moved in more than two years, despite the fact that BTC has seen a significant uplift during this period. Bitcoin Inactive Supply Trend Suggests HODLing Behavior Remains Strong In a new post on X, Glassnode co-founder Rafael has discussed about the trend in the various bands of the Bitcoin Active Supply.

Positive
cover-imageCoinPedia
November 23, 2024

Will BTC Cross $100K Mark? Bitcoin Whales Buy $4B of BTC

Bitcoin (BTC), the world's largest cryptocurrency by market cap, is making waves in the crypto market with its impressive performance. Amid this bullish sentiment, a prominent crypto expert posted on X (formerly Twitter) today, November 23, 2024, highlighting that Bitcoin whales have made significant purchases over the past four trading days.

Positive
cover-imageBitcoin
November 23, 2024

Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny

With bitcoin reaching unprecedented heights, critics have come out in full force, dusting off age-old arguments. The tired accusations resurface: calling it a pyramid scheme, claiming it's worthless because it isn't physical, or likening it to the infamous Tulip mania. These overused jabs seem to have become a standard playlist whenever bitcoin captures attention.

Positive
cover-imageThe Currency Analytics
November 23, 2024

Bitcoin's Surge Mirrors 2020 Bull Run, Crypto Quant CEO Predicts Price Could Reach $100K

Bitcoin's ongoing price surge, which has seen the cryptocurrency near the $100,000 mark, is showing striking similarities to the bull market of 2020, according to Ki Young Ju, the CEO of CryptoQuant. In a recent Twitter thread, Ju explained that Bitcoin's current rally appears to be driven by a pattern of long-term accumulation by large investors, or “whales,” similar to the behavior observed during the last major market surge.

Positive
cover-imageYahoo Finance
November 23, 2024

Bitcoin reserve should top Trump's to-do list: Pompliano

Cryptocurrency is at the forefront of investors minds as they brace for a second term from President-elect Donald Trump. Professional Capital Management Founder and CEO Anthony Pompliano talked about where bitcoin could go next after enjoying a nice run after the election results.

Positive
cover-imageNewsBTC
November 23, 2024

Cboe's New Cash-Settled Bitcoin ETF Options: Could This Spark A Move Beyond $100,000?

Cboe, the derivatives exchange for digital assets and securities trading, is set to make a big addition to the crypto landscape by launching the first cash-settled index options linked to Bitcoin's (BTC) spot price movements. Scheduled to debut on December 2, these options will be based on the Cboe Bitcoin ETF Index, which tracks a selection of US-listed spot Bitcoin exchange-traded funds.

Negative
cover-imageCoingape
November 23, 2024

Peter Brandt Predicts Bitcoin Selloff Ahead, But There's A Catch

Veteran trader and market expert Peter Brandt has sparked discussions in the broader crypto market, anticipating a potential Bitcoin selloff in the coming days. This comment comes as BTC continued to flirt near the $100K mark in recent days, indicating a strong market confidence towards the crypto.

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