Day: November 5, 2024

Bitcoin Could Rally to $80,000 on the Eve of US Elections

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Bitcoin has experienced wild price swings since Vice President Kamala Harris announced her candidacy for the U.S. Presidential election in July 2024. The largest cryptocurrency attempted to test its previous all-time high of $73,738 on Oct. 29, 2024, with no success. Traders expect higher volatility closer to elections and in the aftermath of the event. Crypto prediction markets like Polymarket and Kalshi provide insight into crypto traders’ views.  Polymarket sees about $3.21 billion in trading volume as participants wager on the winner of the November elections. Harris’ opponent, former U.S.…

Bitcoin Pioneer Praises Milei’s Vision in Argentina

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Peter Todd, a Bitcoin pioneer recently accused of being Satoshi Nakamoto in HBO’s documentary “Money Electric: The Bitcoin Mystery,” has praised President Javier Milei’s vision for Argentina. At the sidelines of Labitcoinf, a Latam-focused crypto event, Todd stated that as a politician, Milei is “one of the most sensible the Western world has had in […] Original

Will The US Elections Propel Bitcoin Past $74,000? Key Metrics To Track This Week

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In the wake of the US presidential election, Bitcoin (BTC) is experiencing the expected volatility that often accompanies major political events. Tuesday’s trading saw the largest cryptocurrency fluctuating between $68,000 and $70,000, with the latter level acting as resistance since Saturday. Market analysis firm Crypto Birb has released insights into the potential impacts of the election on Bitcoin’s price trajectory, suggesting that, based on current indicators, Bitcoin could reach new record highs above $73,700 in the days following the election.  Bitcoin Price Could Soar To Over $263,000 In a recent…

Former Bitcoin Developer Amir Taaki Calls for Ross Ulbricht’s Freedom on Election Day

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Amir Taaki, a former Bitcoin developer, voiced strong support for Ross Ulbricht, founder of Silk Road, in a statement released on U.S. Election Day, emphasizing Ulbricht’s influence on the cryptocurrency landscape and urging his release from prison. Amir Taaki Credits Ross Ulbricht as a Crypto Pioneer, Advocates for His Release Amir Taaki, a prominent figure […] Original

Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless

On the other hand, a Harris win may slow down the pace of adoption due to a more restrictive regulatory regime. (The Biden administration that she’s served in since 2021 has tended to be highly restrictive on crypto.) “If Harris were to win, I still think institutional adoption would happen. But it would happen more gradually,” said Levin, pointing out that the Democrats are slowly coming around to crypto, including Harris herself, which means “it will just take more time for growing this Democratic support for the industry to have…

Dogecoin Price Rally Gains Momentum, Will DOGE Smash Through $0.18?

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Clash of Coins Aims to Onboard up to 50 Million Players in a Seamless Web3 Experience on Base L2

PRESS RELEASE. OWB Studio, a pioneering force in Web3 gaming, today announced the successful completion of its Pre-Seed funding round, led by V3V Ventures and supported by over 30 angel investors. This crucial funding will accelerate the development and launch of the studio’s highly anticipated first game, Clash of Coins, which aims to seamlessly onboard […] Source CryptoX Portal

Binance Co-Founder Dispels Rumors That Crypto Exchange Asks for Tokens Prior to Listing

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Binance co-founder Yi He is pushing back against claims that her crypto trading platform asks for tokens in exchange for listing. Simon Dedic, the chief executive of the crypto investment firm Moonrock Capital, kicked off the argument when he said on the social media platform X last week that he’d recently talked with a “Tier 1 project that raised close to nine figures” and was trying to get listed on Binance. “After wasting over a year of due diligence with Binance, they finally received a listing offer. Binance asked for…

Dogecoin Price Marks Local Bottom, Can Price Run 100% From Here Again?

Este artículo también está disponible en español. Crypto analyst Trader Tardigrade has revealed that the Dogecoin price has marked a local bottom. He further provided insights into what could come next for the foremost meme coin, with a 100% price rally from its current level on the cards.  Dogecoin Price Forms Local Bottom In an X post, Trader Tardigrade mentioned that the Dogecoin price has formed a local bottom signal. He explained that whenever the DOGE Moving Average Convergence Divergence (MACD) bearish cross forms, Dogecoin tends to trade sideways for…