Day: December 16, 2024

Bitcoin hits new record high with surge to $107k

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Bitcoin has smashed past another record level with a surge to a new all-time above $107,000. After reclaiming the psychological $100,000 level, Bitcoin (BTC) strengthened further, reaching highs of $107,172 on U.S.-based crypto exchange Coinbase. The flagship digital asset rose to this new ATH as the worldโ€™s largest corporate holder of BTC purchased another $1.5 billion worth of the asset. Bitcoin broke to above $104 on December 5, 2024. However, profit-taking saw it dip to lows of $97,044, where it struggled for upward momentum over the next nine days. On…

Time To Sell XRP? Price Completes Head And Shoulder Pattern, Suggesting Crash To $2.2 Is Imminent

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Este artรญculo tambiรฉn estรก disponible en espaรฑol. Crypto analyst TradinSides has suggested that it might be time for investors to start closing their XRP long positions. This came as the analyst revealed a bearish pattern, which showed that the XRP price could witness a significant crash.ย  XRP Price Could Crash As Head And Shoulder Pattern Forms In a TradingView post, TradinSides predicted that XRP could crash as the price could form the Head and Shoulders pattern, driving the crypto to $2.2 or below. The analyst stated that this price correction…

Semler Scientific buys more Bitcoin, now holds 2,084 BTC

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Semler Scientific, a company focused on technology solutions for healthcare providers, announced an update on its Bitcoin holdings. Between December 5 and December 15, 2024, the company acquired an additional 211 Bitcoin (BTC) for $21.5 million, bringing its total holdings to 2,084 BTC. The recent purchase was made at an average price of $101,890 per Bitcoin, including fees and expenses. The total value of Semlerโ€™s Bitcoin holdings now stands at $168.6 million, based on an average purchase price of $80,916 per Bitcoin. Semlerโ€™s Bitcoin acquisition was funded through proceeds from…

Update on changes to our services for businesses

In October, we announced that we were piloting a new approach to providing business advice as part of our commitment to modernising our services and investing in tools that give businesses better access to support. Instead of calling our helpline, we encouraged businesses to use the growing range of resources available on our website to get the certainty they needed on any data protection concerns. We have kept this approach under review and gathered feedback to ensure our offer is meeting the needs of businesses, whatever their size. While our…

BTC Mania: Bitcoinโ€™s Meteoric Rise Past $107,000

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Bitcoin (BTC), the world’s leading cryptocurrency, soared to an unprecedented all-time high of $107,140, driven by a confluence of factors reshaping global markets. Bitcoin Smashes Records: $107,140 and Counting This latest price milestone on Monday highlights the growing prominence of digital currencies as mainstream financial assets. Key contributors to bitcoin‘s surge include increased institutional adoption […] Original

MicroStrategy Purchases a Further 15,350 BTC Following Nasdaq 100 Inclusion

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR) and Semler Scientific (SMLR). Self-described bitcoin (BTC) development company MicroStrategy (MSTR) has increased its bitcoin holdings to a total of 439,000 BTC following its latest purchase of 15,350 BTC with the acquisition finishing on Dec. 15. MicroStrategy disclosed that the 15,350 BTC purchase came to a total of $1.5 billion for an average price of $100,386 per bitcoin. This brings the companyโ€™s total holdings to 439,000 BTC worth $45.6 billion at current market prices. The companyโ€™s overall average…

Cryptocurrency Market to grow by USD 34.5 Billion (2024-2028), driven by rising investments in digital assets, Report on AI’s impact on market trends – Technavio

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NEW YORK, Dec. 15, 2024 /PRNewswire/ โ€” Report on how AI is redefining market landscape โ€“ The global cryptocurrency market size is estimated to grow by USD 34.5 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 16.64% during the forecast period. Rising investment in digital assetsย is driving market growth,ย with a trend towardsย acceptance of cryptocurrency by retailers. However,ย volatility in value of cryptocurrency poses a challenge. Key market players include AlphaPoint Corp., Binance Holdings Ltd., Bitcoinforme S.L., Bitfury Group Ltd., CEX.IO Ltd, Coinbase Global…

Bitcoin to $150K, ETH to $5K by summer

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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. A veteran trader predicts Bitcoin at $150K and Ethereum at $5K by summer, spotlighting 5 altcoins primed for big gains. The crypto market is on the cusp of a seismic shift as a veteran trader predicts Bitcoinโ€™s surge to $150,000 and Ethereumโ€™s climb to $5,000 by summer. These ambitious projections come alongside a focus on five altcoins that could mirror this bullish momentum. From unique meme coins like Catzilla…

Bitcoin Breaks ATH Pushing Back Into Price Discovery โ€“ BTC To $130K?

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Este artรญculo tambiรฉn estรก disponible en espaรฑol. Bitcoin has shattered its all-time high, reaching $106,500 just a few hours ago, setting the stage for an even bigger move. After trading in a sideways range within an ascending triangle for weeks, the price finally broke through the crucial $103,600 resistance level established on December 5. This breakout has sparked renewed excitement, with traders and investors now eyeing Bitcoinโ€™s next potential targets. Related Reading Top analyst Jelle shared his insights on X, highlighting that Bitcoinโ€™s breakout from the ascending triangle is a…