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news-imageNovember 2, 2024

Analyst Reveals Why Bitcoin Price Crashed From $73,000 To $69,000

November began with an unexpected downturn in the crypto market as Bitcoin, which had gone on a bull run in the last week of October, rapidly lost its momentum. The highly anticipated “Moonvember” kicked off with an unexpected crash, plummeting from $73,000 on October 31 to $69,000 on November 1 to essentially wipe out $296 million in liquidations, with the majority of them being long positions.
Publisher: NewsBTC
Sentiment: Negative
BTC

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cover-imageBenzinga
November 4, 2024

Anthony Scaramucci Predicts U.S. Will Tackle Debt Crisis, Bitcoin Value Will Triple and Reveals Which Candidate Has A Stronger Economic Plan

Anthony Scaramucci, SkyBridge Capital's founder and a well-known voice in financial circles, has a bold perspective on the U.S. debt landscape and Bitcoin's potential trajectory. As the nation heads toward a pivotal election on Nov. 5, discussions around debt sustainability and economic strategies have intensified.

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cover-imageThe Currency Analytics
November 4, 2024

U.S. Election 2024: Anticipated Impact on Bitcoin and the Stock Market

The U.S. elections draw near, market analysts are closely monitoring the potential repercussions for the cryptocurrency and stock markets. In a recent analysis, cryptocurrency expert Jason Pizzino delves into how the electoral clash between Donald Trump and Kamala Harris could shape financial market dynamics, particularly for Bitcoin.

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cover-imageNewsBTC
November 4, 2024

Bitcoin Price Forecast: What To Expect In The Final 24 Hours Before US Election

As the US presidential election approaches, the Bitcoin price has found a stable support range between $68,000 and $69,000, just shy of its all-time high earlier this year. While the cryptocurrency has struggled to surpass this significant milestone, investor sentiment remains cautiously optimistic, with expectations for further price increases tempered by anticipated market volatility in the upcoming hours.

Neutral
cover-imageTrustnodes
November 4, 2024

Bitcoin Chills Ahead of Election

The world is sitting up to watch the verdict of the American people with markets on suspense for the day as last minute preparations are in effect for what some suspect will be an all nighter for the election.

Positive
cover-imageCrypto Economy
November 4, 2024

Telekom: Europe's Biggest Telecom Company Pilots Bitcoin Mining with Renewable Energy

TL;DR Deutsche Telekom and Bankhaus Metzler launch a pilot Bitcoin mining project in Germany using surplus renewable energy. The project aims to stabilize the power grid during fluctuations by using Bitcoin mining as a “flexible load.” The initiative, called “Digital Monetary Photosynthesis,” converts excess energy into digital value, providing data for future energy applications.

Positive
cover-imageCryptonews
November 4, 2024

Deutsche Telekom Subsidiary Partners with Bankhaus Metzler for Green Bitcoin Mining Initiative

Deutsche Telekom's subsidiary MMS has partnered with Bankhaus Metzler to pilot a Bitcoin mining project in Germany, utilizing surplus renewable energy to stabilize the energy grid and convert excess power into digital assets. The post Deutsche Telekom Subsidiary Partners with Bankhaus Metzler for Green Bitcoin Mining Initiative appeared first on Cryptonews.

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cover-imageThe Currency Analytics
November 4, 2024

Bitcoin ETFs Experience $2.22 Billion Inflow, Marking Historic Surge

Bitcoin spot exchange-traded funds (ETFs) registered a net inflow of $2.22 billion from October 28 to November 1. This surge marks the third-largest weekly inflow in the history of U.S. spot Bitcoin ETFs, highlighting a renewed wave of institutional interest in Bitcoin as market dynamics shift ahead of the upcoming presidential elections.

Positive
cover-imageInvezz
November 4, 2024

Deutsche Telekom to test surplus energy use for Bitcoin mining

Deutsche Telekom, through its subsidiary MMS, is joining forces with Bankhaus Metzler to pilot the use of surplus renewable energy to mine Bitcoin (BTC). The collaboration, announced in a press release on Nov. 4, aims at a Bitcoin mining infrastructure operation that taps into renewable energy sources that would otherwise remain unused.

Positive
cover-imageCryptoSlate
November 4, 2024

Crypto asset products surpass $100 billion AuM, driven by Bitcoin's strong inflows and election optimism

Digital asset investment products saw inflows of $2.2 billion last week, bringing total inflows this year to a record-breaking $29.2 billion, according to CoinShares‘ latest report. The strong performance, coupled with recent Bitcoin price increases around $70,000, lifted the sector's total assets under management (AuM) above $100 billion for only the second time.

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