Day: December 9, 2024

Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows

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Este artículo también está disponible en español. Bitcoin might become part of Amazon’s treasury strategy as the online retail giant’s shareholders are pushing for the adoption of the cryptocurrency in its assets. If Amazon embraces digital assets, it will join other business titans exploring the inclusion of Bitcoin in their asset portfolios. Related Reading Bitcoin As Financial Reserve Option Shareholders of Amazon urged the online retail store to evaluate the possibility of adding Bitcoin to its balance sheet, saying that the firstborn cryptocurrency could enhance the investors’ value in the…

From $100k to $250k? Analyzing Bitcoin’s bull market signals

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Who would have thought we’d see Bitcoin shoot through the roof this quickly, soaring past $100K, albeit retreating slightly at present? As we move forward into 2025, the main question on our minds is: what lies ahead? Is Bitcoin (BTC) a bubble about to burst, or are we on track for $150,000–$200,000 soon? Are there any rational tools to predict its trajectory, or are we left to just play guessing games? From what I’ve observed, the fog starts to lift when you examine on-chain and technical indicators, while also factoring…

BEST, SUI, WIF set for breakout

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s surge to $100k sets the stage for altcoin season, with BEST, SUI, and WIF primed for massive breakouts. With Bitcoin hitting $100k, experts anticipate wealth rotation into altcoins, sparking an explosive altcoin season in the forthcoming weeks. Three of the projects displaying the most potential are Best Wallet (BEST), Sui (SUI), and Dogwifhat (WIF). Bitcoin hits ATH but dominance collapses While Bitcoin holders are euphoric about the landmark…

Analyst Sets $4.40 XRP Target As 3rd-Straight Bull Pennant Forms

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An analyst has explained how XRP could eventually reach a $4.40 price target based on the bull pennant pattern that has formed in its 4-hour price. XRP Has Just Shown Its Third Straight Bull Pennant Pattern In a new post on X, analyst Ali Martinez has discussed the bull pennant patterns that have formed for XRP recently. The “bull pennant” refers to a formation from technical analysis (TA) that occurs after an asset shows consolidation inside a triangle following a sharp uptrend. The pattern is made up of two parts:…

Bitcoin Price (BTC) Declines 5% to $95K; Ether Price (ETH) Down 10%.

A slow bleed in crypto since late in the weekend accelerated into the early evening U.S. hours on Monday, leaving nearly the entirety of the sector sharply lower. With prices in quick retreat, bitcoin (BTC) at press time had fallen back to just above $95,000, down about 5% over the past 24 hours. Ether (ETH) was down 10% to $3,590. The broader CoinDesk 20 Index was lower by more than 8% over the same time frame, led by roughly 20% dives for Cardano (ADA), Avalanche (AVAX), and XRP (XRP). Over…

XRP Skeptic Hails XRP As Crypto’s Chart King

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Este artículo también está disponible en español. A former XRP skeptic has made an unexpected statement declaring the present price chart of XRP to be the best among all the cryptocurrencies. This surprising praise has sparked debates about Ripple’s digital currency, which still attracts strong advocates as well as outspoken detractors. Although it is uncommon for long-term critics to become optimistic about XRP, a recent observation by the seasoned trader has incited optimism among its supporters. The token’s chart is purportedly gathering momentum, which suggests that there is potential for…

Sell It All—Peter Schiff Urges Biden to Ditch US Bitcoin Reserves Before Trump’s Return

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Gold advocate and economist Peter Schiff is not exactly cheering from the sidelines when it comes to a U.S. strategic bitcoin reserve. On Monday, he sparked conversation on social media, declaring that the smartest move President Joe Biden could make before leaving office is to offload all the U.S. government’s bitcoin holdings. Schiff Wants Joe […] Original

Jetking Infotrain becomes first Indian public company to hoard Bitcoin

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Jetking Infotrain, a 77-year-old Indian IT training company, has become the first publicly listed business in India to adopt Bitcoin as part of its corporate treasury strategy. The company announced the purchase of 12 Bitcoin (BTC), valued at approximately $1.2 million, signaling a shift in how Indian companies approach digital assets. Jetking, with a $5 million market cap and $2 million in annual sales, has designated Bitcoin as its Primary Treasury Reserve Asset. Companies worldwide have started adding Bitcoin to their balance sheets to diversify their assets and hedge against…

Floki launches Debit Card in 31 European countries

The Floki Debit Card is now available to the global community, the crypto project has announced. According to the Floki (FLOKI) team, the debit card will allow users to pay with crypto at any merchant that accepts Visa or Mastercard. The physical and virtual cards go live in 31 European countries, including Austria, France, Germany, Italy, Liechtenstein and Spain. While the physical card launches in Europe and will gradually roll out to more countries, virtual gift cards are live worldwide. However, the card is unavailable in OFAC sanctioned countries and…