Tag: Bitcoins

Is $210,000 Bitcoin’s next high? Institutions think so

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What’s behind Bitcoin’s historic rise to $108,000? From Trump’s speech to ETFs and MicroStrategy’s massive buys, could a major institutional supply squeeze be underway? Bitcoin soars to new highs Bitcoin (BTC) has once again stolen the spotlight. On Dec. 17, BTC climbed to an all-time high of $108,260, pushing its post-U.S. election gains to over 50%. As of this writing. 17, it is trading around $106,663 levels. BTC 5-month price chart | Source: crypto.news BTC’s rally follows President-elect Donald Trump’s proposal to establish a U.S. Bitcoin strategic reserve, a concept…

Bitcoin’s treble allows US gov to pay back crypto fraud victims

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The U.S. Department of Justice is set to reimburse victims of a wire fraud scheme, aided by the tripling value of Bitcoin since the cryptocurrency was seized.  The scheme, which targeted real estate transactions, resulted in millions of dollars in losses for businesses and individuals. In December 2023, fraudsters infiltrated systems used in real estate transactions, sending fake wire transfer instructions to divert funds intended for mortgages and other payments.  One company reported losing over $1 million. Investigators later uncovered at least ten additional victims, with individual losses ranging from…

This hidden crypto gem could make traders richer than Bitcoin’s first investors

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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 little-known meme coin, DOGEN, is skyrocketing with 333% gains, fueled by Trump’s crypto-friendly stance and bullish momentum in the market. There’s a new cryptocurrency that could surpass the profits made by early Bitcoin investors. This little-known digital coin is gaining attention for its potential to deliver huge returns. Its unique technology and features are stirring excitement in the crypto world. Explore why this emerging asset might be the…

BTC Mania: Bitcoin’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

Ethereum Eyes Bitcoin’s Lead: Is a Similar Surge Possible?

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Ethereum price started a decent increase above the $3,900 zone. ETH is consolidating gains and might aim for a move above the $4,000 resistance zone. Ethereum started a decent increase above $3,880 and $3,920. The price is trading below $3,920 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,980 and $4,020 resistance levels. Ethereum Price Faces Resistance…

Bitcoin’s climb to $100k highlights a real estate altcoin primed for 40,000% gains

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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. Bitcoin trades above $100K as Trump backs crypto; PropiChain gains attention with potential 40,000% growth in real estate tokenization. Bitcoin is comfortably trading above $100K. BTC could surge higher as President-elect Donald Trump says the U.S. will do something great with crypto. This has prompted investors to flock to a new, promising real estate altcoin. PropiChain (PCHAIN) is a real estate tokenization platform.  PropiChain is regarded as an undervalued…

Microstrategy Joins Nasdaq-100: Bitcoin’s Dominance Solidified on Wall Street

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Microstrategy’s $43 billion bitcoin bet propels it into the Nasdaq-100, fueling bullish momentum as institutional investors are expected to prepare for major crypto-driven gains. Nasdaq Adds $43B Bitcoin Giant Microstrategy: Institutional Buying Frenzy Ahead? Nasdaq Inc., a leading global technology company and stock exchange operator, announced its annual adjustments to the Nasdaq-100 Index on Friday, […] Original

What Bitwise Knows About Bitcoin’s $200,000 Prediction?

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Could 2025 be the year Bitcoin hits $200,000, crypto unicorns debut on Wall Street, and tokenized assets go mainstream? Let’s understand why. The crypto market in 2024 has been nothing short of transformative, with major milestones taking center stage throughout the year. Against this backdrop, Bitwise has made a series of bold predictions for 2025, bringing into focus the next big trends in the industry. Let’s dive into the details of each prediction and unravel the market conditions to assess how realistic these forecasts are and what they could mean…

Betting on Bitcoin’s future pays off

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Two small nations, El Salvador and Bhutan, have made bold moves into the Bitcoin (BTC) arena, which showcase how cryptocurrency can redefine economic strategies for countries with ambitious leadership and limited resources. Bhutan, through its sovereign investment arm, has amassed Bitcoin holdings worth over $1 billion—more than one-third of its GDP—while El Salvador’s reserves stand at approximately 6,150 Bitcoin, valued at over $550 million. These investments are…