Day: November 13, 2024

Massive BTC price surge drives alts to new highs; DOGE, DTX lead rally

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s record-breaking surge above $80k boosts altcoins like Dogecoin and newcomer DTX Exchange, as experts predict BTC’s path to $100k. BTC’s price is surging toward the experts’ prediction of $100k. Currently trading above $80k, Bitcoin has broken the previous all-time high. This record-breaking performance in BTC price has driven potential coins higher. Dogecoin is among the top gainers, rising over 85% in the last seven days. This traction in…

Genius Group Is Purchasing $120 Million Bitcoin to Make BTC Its Primary Treasury Asset

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Genius Group to prioritize bitcoin as the primary asset for its treasury. Smart Bitcoin Investment for Genius Group Genius Group, an AI-powered education and acceleration group has decided to adopt a “bitcoin-first” strategy, making bitcoin its primary treasury asset. The adoption of this strategy came after the company reorganized its board with the addition of […] Original

Short-Term Bitcoin Holders Move Millions To Binance—Is A Market Correction Imminent?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Russia-India Trade Nears 90% Dollar-Free — A Game-Changing Pivot

The use of national and alternative currencies in Russia-India trade has reached nearly 90%, according to Russian First Deputy Prime Minister Denis Manturov. Speaking at a Russian-Indian intergovernmental commission meeting, Manturov emphasized the importance of expanding banking cooperation between the two countries. Trade turnover between Russia and India rose 9% in the first eight months […] Source CryptoX Portal

BlackRock’s IBIT maintains strong inflows of $778.2m despite Bitcoin price correction

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BlackRock’s IBIT fund continued to see strong inflows for the fourth consecutive day, with $778.2 million flowing into the fund on Nov. 12, while other ETFs experienced a slowdown as Bitcoin dipped below $86,000. According to data compiled by SoSoValue, the 12 spot Bitcoin ETFs recorded net inflows of $817.54 million on Tuesday, extending their inflow streak to five consecutive days and bringing the total accumulated inflows to over $4.2 billion. The surge in investment appears to be largely fueled by a wave of market optimism following Donald Trump’s re-election…

Trump Confirms Musk to Lead D.O.G.E as Traders Target $1

“Together, these two wonderful Americans will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies — essential to the ‘save America’ movement,” Trump said in the announcement posted on his Truth Social account. Source

Market ‘Pricing In A Higher Fair Value’ After 30% Surge

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Este artículo también está disponible en español. Bitcoin (BTC) has performed remarkably over the past week, surging 30% since the November 5 US election. The flagship crypto surpassed its March all-time high (ATH), recording a new high nearly every day for the last seven days. Bitfinex analysts noted that the market remains “relatively stable” despite increased speculative activity. Related Reading Bitcoin ‘Fair Value’ Priced In At Higher Levels Following Donald Trump’s victory last Tuesday, the crypto market has seen a massive rally, surging to a market capitalization of $3.05 trillion.…

XRP price rare pattern points to Ripple hitting $1

XRP continued its strong bullish momentum, reaching a high of $0.6985, its highest level since March 14. Ripple (XRP) rallied for four consecutive days amid widespread optimism in the crypto industry. At its peak, the token was up over 80% from its lowest level this year. The surge coincided with a broad cryptocurrency rally, pushing the total market cap of all coins past $3 trillion for the first time since 2021. Bitcoin (BTC) approached $90,000, with analysts predicting it could hit $100,000 soon. Ripple’s rally is largely attributed to Donald…