Day: November 4, 2024

Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024

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Bitcoin’s price is set to rise regardless of the 2024 election outcome, says Anthony Scaramucci, though Trump’s deregulation could provide a short-term boost. US Elections, Bitcoin, and Power Moves: Scaramucci’s Predictions Unveiled Anthony Scaramucci, founder of Skybridge Capital and former White House Communications Director, discussed bitcoin’s future and the potential role of U.S. presidents in […] Original

Q2 Bitcoin Mining Costs Spike To Nearly $50K

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Standard Chartered’s Crypto Custody Unit Seeks $50 Million

Standard Chartered’s Zodia Custody is raising $50 million to expand its crypto custody services amidst increasing competition from both traditional finance and crypto-native firms. Institutional Investors Drive Demand for Crypto Custody Standard Chartered’s crypto custody business, Zodia Custody, is reportedly in talks to raise $50 million to fund its expansion into new markets. CEO Julian […] Source CryptoX Portal

Bitcoin (BTC) Holdings at SMLR Grow to 1,058

The firm as of Nov. 4 holds 1,058 bitcoin, having purchased 47 BTC for $3 million since its most previous acquisition disclosure in late August. In total, Semler has spent $71 million on its bitcoin buys and those 1,058 tokens are worth roughly $71.4 million at bitcoin’s current price of $67,500. Source

Bitcoin Poised For $75,000 As Trump-Harris Race Tightens: QCP

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Este artículo también está disponible en español. The Bitcoin price has posted five consecutive red daily candles since it stopped just short of its all-time high at $73,620 last Tuesday. As a result, the BTC price has fallen by around 7%. This decline is evident on the weekly chart, which shows a major bearish weekly candle – a gravestone doji. Chartered Market Technician (CMT) Aksel Kibar noted via X, “BTCUSD weekly candle can look similar to GOLD,” and explained that it indicates a reversal is on the horizon. However, he…

Cryptocurrency Mining Gets Green Light in Russia, Putin Signs New Law

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Russia took a significant step in legalizing cryptocurrency mining in the region. The new law has strict limitations, allowing only specific groups to undertake the activity. A new law signed by President Vladimir Putin now recognizes crypto mining as a legal activity for entities listed in a state registry, local media agency Tass reported. This step signals the country’s desire to embrace the digital economy while controlling its potential financial impact. Who Can Mine Under this new legislation, only Russian legal entities and registered individual entrepreneurs may mine digital currency.…

Crypto Voters Are the Key to Victory in 2024

Stand With Crypto, our advocacy group, held a successful tour through five swing states — AZ, MI, NV, WI, PA — and Washington, DC, where we engaged with crypto advocates, voters, policymakers, and local crypto founders at concerts, tailgates, and crypto networking events. We also conducted voter registration at these high-turnout events — over 500,000 people have engaged with SWC’s voter registration or candidate research tools. Source

US Bitcoin Reserve Proposal: A New Weapon for Economic Stability

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The Bitcoin Policy Institute (BPI) has released a report advocating for a strategic bitcoin reserve (SBR) to strengthen U.S. economic stability and global influence. Titled “Digital Gold: Evaluating a Strategic Bitcoin Reserve for the United States,” the report argues that holding BTC could support U.S. monetary stability, counter global financial threats, and advance technological leadership. […] Original