Month: November 2024

Vancouver mayor plans to make the city friendly for Bitcoin

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The massive adoption of Bitcoin has spread, and even the city mayor is now aspiring to make a Bitcoin-friendly city in the nation. Vancouver City Mayor Ken Sim, on the city meeting council on Nov. 26, plans to make the major city in Western Canada as a friendly city for Bitcoin. Through this plan, Ken may not have created a Bitcoin reserve as the U.S. did, but he wanted to make Bitcoin a diversified asset for the city of Vancouver. Simply put, it’s adding Bitcoin into their investment portfolio and…

From Pennies to Properties: The Untold Story of Crypto’s Impact on Homeownership

Recent analysis from the Office of Financial Research (OFR) reveals that increased household exposure to cryptocurrency is reshaping financial behaviors, particularly in debt accumulation. OFR Report Reveals the Growing Influence of Crypto Assets on Household Debt Between 2020 and 2021, the proportion of U.S. households reporting taxable cryptocurrency events tripled. This growth highlights the intersection […] Source CryptoX Portal

Pundit Reveals $2.2-$3.46 Macro Target For Dogecoin Price As Wave 3 Continues

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Este artículo también está disponible en español. A crypto pundit has suggested that the Dogecoin price rally is far from over, forecasting mid-term targets between $2.2 and $3.46 for the dog-themed meme coin. According to his detailed price chart, Dogecoin is currently in wave 3 of the Elliott Wave Theory and set for a significant price surge.  Analyst Predicts Dogecoin Price Macro Target Hov, a crypto analyst on X (formerly Twitter), has discussed Dogecoin‘s future price movements based on the Elliott Wave Theory and its current price action. The analyst…

Is the Bull Run Far From Over?

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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…

Starknet Unveils Phase 1 of Staking Initiative, Paving the Way for Decentralization on Ethereum Layer 2

Starknet has officially launched Phase 1 of its staking initiative on the mainnet, marking a milestone in its journey toward full decentralization as the first major Ethereum Layer 2 rollup to implement a staking mechanism directly on L2. This initiative allows holders of STRK tokens to stake their assets, either as validators or delegators, thereby […] Source CryptoX Portal

Nansen CEO Predicts Biggest Bull Run Ever

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Este artículo también está disponible en español. In a thread on X, Alex Svanevik, CEO of leading on-chain analytics platform Nansen, unveiled nine bold predictions for the crypto industry in 2025. Svanevik forecasts that the upcoming year will herald “the mother of all bull markets,” propelled by technological advancements, regulatory shifts, and widespread adoption across various sectors. #1 Crypto Memecoins Will Set New On-Chain Records Svanevik predicts that memecoins—cryptocurrencies inspired by internet memes—will continue to attract retail investors to the crypto space. He anticipates these tokens will significantly boost on-chain…

Mara’s Bitcoin top-up readjusts total to $3.3b

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U.S. Bitcoin miner Marathon Digital Holdings has spent approximately $67 million on its latest Bitcoin purchase, following a $1 billion convertible note sale with a 0% interest rate. According to a post on X by MARA Holdings, the Florida-based Bitcoin (BTC) startup has increased its BTC portfolio to 34,794 tokens, valued at approximately $3.3 billion based on a spot price of $95,000. At the time of writing on Nov. 27, BTC was trading at $96,400. 24-hour BTC price chart – Nov. 24 | Source: crypto.news Marathon Digital disclosed that it…

6 cryptocurrencies to look out for in 2025 other than Bitcoin

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin hits new highs, these six cryptocurrencies also look set for significant gains in 2025. As the cryptocurrency market experiences a resurgence and Bitcoin reaches new all-time highs, attention is shifting to other digital assets with the potential for significant returns. One such contender is XYZVerse (XYZ), a meme coin that fuses sports with meme culture, aiming to unite fans from football to eSports in a community-driven ecosystem…