Day: December 6, 2024

How Far Can Its Price Rise By Year’s End?

boss

Este artículo también está disponible en español. Dogecoin continues to keep investors on edge with its evolving price dynamics. Trading at $0.4500 as of December 5, the memecoin has surged by an impressive 450% from its annual low. This rally has brought DOGE’s market capitalization to over $65 billion, making it one of the top contenders in the crypto space. Related Reading The query that is on everyone’s mind is straightforward: Is this simply the calm before the storm? Analysts appear to concur. Symptoms Of A Potential Breakout People are…

Former NY Fed chief blasts Trump’s Bitcoin reserve

boss

Bill Dudley, the former chief of the New York Fed, warned against holding Bitcoin as a reserve and urged a focus on regulation. Dudley criticized a proposed federal Bitcoin (BTC) reserve championed by Donald Trump during his presidential campaign. In a Bloomberg op-ed, Dudley argued that the plan would fail to benefit most Americans and could destabilize the economy. Dudley acknowledged Bitcoin’s appeal as a portable and decentralized asset with some diversification benefits for investors. However, he emphasized its volatility, slow transaction speeds, and limited real-world utility as significant drawbacks.…

BC.GAME CONTINUES ONGOING EFFORTS IN STRENGTHENING ITS GLOBAL COMPLIANCE STRATEGY

NICOSIA, Cyprus, Dec. 5, 2024 /CNW/ — BC.GAME, a premier cryptocurrency i-Gaming platform, announced its decision to withdraw its license specifically from Curaçao. This move reflects Curaçao’s increasingly hostile environment for operators in recent years. Despite ongoing efforts to modernize Curaçao’s i-Gaming law, proper legal protection for all operators established in Curaçao is severely lacking, such as its bankruptcy law which dates to 1931 via the “Curaçao Bankruptcy Decree” which can easily be exploited by malicious actors and used against legitimate operators. Therefore, on 5th December 2024, BC.GAME decided to…

US Bitcoin ETFs surpass Satoshi’s slumbering stack

boss

U.S. Bitcoin ETFs have surpassed Satoshi Nakamoto’s holdings, amassing over 1.104 million tokens within a year of their launch. Spot Bitcoin (BTC) exchange-traded funds in the U.S. have become the largest holder of the cryptocurrency globally, with more than $109 billion invested by Wall Street. Satoshi Nakamoto, Bitcoin’s pseudonymous creator, holds 1.1 million tokens worth $108 billion at current prices, with those holdings remaining dormant for years. Outpacing Satoshi’s stack is a big deal for U.S. spot BTC ETFs, an asset class that started trading on Wall Street in mid-January…

A hedge for bitcoin if it pulls back after hitting the $100,000 milestone

boss

Bitcoin has been surging all year in 2024 but this week investors have seen “digital gold” vault above the monumental level of $100,000 . President-elect Donald Trump has presented crypto-friendly expectations, and he also has revealed political changes at the SEC that further fueled the rally, pushing the digital coin to up 140% in 2024. I want to book profits and hedge out potential downside risk if investors take a bitcoin breather over the holidays. The first bitcoin ETF launched in early January of this year, the iShares Bitcoin Trust…

As Bitcoin tops $100k analysts prepare for volatility and correction fears

boss

Bitcoin has finally crossed the $100,000 mark, and while that’s big news for the industry, some analysts are sounding the alarm about what comes next. Bitcoin (BTC) has long been touted by its die-hard supporters as the crypto destined to hit $100,000 — and eventually even $1 million. Now, with Bitcoin finally surpassing the $100,000 mark, the question remains: Is this the beginning of something bigger, or are we nearing a point where the market could hit a rough patch? Accumulation zones and liquidity gaps Data revealed by blockchain analytics…

This crypto could 10x like Bitcoin—discover the next big thing in gains by December 2024

boss

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI fuses blockchain and AI, promising to redefine decentralized computing and potential 10x gains by Dec 2024. Cryptocurrency is no stranger to wild surges and groundbreaking innovations. From Bitcoin’s meteoric rise to Ethereum’s smart contracts and, more recently, the buzz around AI advancements, the possibilities seem endless. But now, there’s a new project storming the crypto world that could potentially 10x your investment by December 2024. Enter Lightchain…

Has Bitcoin Reached Its Cycle Top? Insights From Top Analysts

boss

Este artículo también está disponible en español. Bitcoin experienced extreme volatility yesterday after reaching a new all-time high of $104,088 on Wednesday. What followed was a textbook “Darth Maul” candle on the daily chart, as BTC plummeted from $103,550 to as low as $90,500 before stabilizing. While some observers initially read the move as a harsh rejection at the psychologically significant $100,000 level, leading analysts suggest this could represent a routine market flush-out rather than a cyclical peak. Could This Be The Bitcoin Cycle Top? Traders and analysts on X…

Meme coins breaking out again as Bitcoin passes $100,000

boss

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin breaks $100K, signaling a bull market; meme coins Simon’s Cat, Catslap, and Goatseus Maximus show breakout potential. Bitcoin has confirmed the bull market is back, breaking out past $100K for the first time ever.  And after a brief dip last week, new emerging meme coins have started to break out, with top analysts suggesting that huge gains could be on the horizon. Three of those showing the most…