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news-imageOctober 15, 2024

Anthony Pompliano Predicts Tesla's Automation Tech Will Spike Stablecoin Adoption: 'People Don't Want To Spend Their Bitcoin'

Anthony Pompliano, founder & CEO of Professional Capital Management, sees Tesla's (NASDAQ:TSLA) latest advancements, including the autonomous Cybercab and Optimus humanoid robots, leading to an uptick in stablecoin usage. What Happened: In a Pomp Letter on Substack from Oct.11, Pompliano wrote that "Bitcoin (CRYPTO: BTC) will be for saving economic value and stablecoins will be for spending.
Publisher: Benzinga
Sentiment: Positive
BTC

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Negative
cover-imageNewsBTC
October 15, 2024

Robert Kiyosaki Warns Of A Bitcoin Crash To $5,000: Here's Why

Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has issued a stark warning about an impending financial crisis that he believes will lead to a significant market downturn, including a potential Bitcoin crash to $5,000 per coin. In a post on X today, Kiyosaki elaborated on his views regarding the current economic climate, drawing parallels to the 2008 Global Financial Crisis (GFC).

Positive
cover-imageThe Daily Hodl
October 15, 2024

Anthony Scaramucci ‘Wildly Bullish' on Bitcoin, Says ETFs Providing Catalyst for Mass Adoption

SkyBridge Capital founder Anthony Scaramucci says mass adoption is likely coming on the back of Bitcoin (BTC) exchange-traded funds (ETFs). In a new interview on crypto influencer Natalie Brunell's YouTube channel, Scaramucci says that spot Bitcoin ETFs will significantly increase the number of investors, including public entities, investing in the flagship digital asset.

Positive
cover-imageTrustnodes
October 15, 2024

Bitcoin Briefly Takes $67,000

Bitcoin has seen an eventful Tuesday with the stock jumping to $68,000 as US markets opened, dived to $64,800 as stocks went red, and then rose again to above $67,000 while stocks kept staying red.

Positive
cover-imageCryptoSlate
October 15, 2024

StanChart predicts Bitcoin to reach $73K pre-election as ETF inflows, MicroStrategy stock surge

Standard Chartered believes Bitcoin (BTC) could rally above $73,000 before the US election, driven by rising ETF inflows and a surge in call options activity, according to a research note shared with CryptoSlate. StanChart's global head of digital assets, Geoffrey Kendrick, highlighted several key market movements signaling bullish sentiment ahead of the November vote.

Positive
cover-imageCrypto Economy
October 15, 2024

Bitcoin Supply Squeeze Could Trigger Explosive Market Volatility Soon

TL;DR Demand for Bitcoin has declined significantly since March's all-time high, while investor attention has waned in a sideways market. Bitcoin supply has been restricted, with active supply measures falling to low levels. Historically, Bitcoin supply contraction has preceded periods of high market volatility.

Positive
cover-imageBenzinga
October 15, 2024

3 Reasons Why A Bitcoin All-Time High Before The Election Is Back In Play

Bitcoin (CRYPTO: BTC) might be on the brink of hitting its highest value ever as the U.S. presidential election approaches. What Happened: According to a prediction from Standard Chartered's Geoff Kendrick, as reported by The Block, Bitcoin could reach its previous peak of $73,800, citing several factors: A steepening U.S. Treasury yield curve: the yield curve shift, driven by stronger-than-expected U.S. CPI data, indicates market volatility and opens up the possibility of slower interest rate cuts.

Positive
cover-imageBenzinga
October 15, 2024

'Asia's Microstrategy' Metaplanet Buys Another 107 Bitcoin: Here's How Big Its Pile Has Grown

Metaplanet Inc., a Japanese company listed on the Tokyo Stock Exchange, on Tuesday announced a significant addition to its Bitcoin holdings. What Happened: In its press release the company stated that it had purchased an additional 106.976 bitcoin (CRYPTO: BTC) for approximately 1 billion yen, worth $6.7 million at current exchange rates, at an average price of 9,347,891 yen per bitcoin.

Positive
cover-imageBeInCrypto
October 15, 2024

$75,000 Bitcoin (BTC) Target Draws Huge Bets as Open Interest Hits Historic High

Bitcoin's (BTC) brief surge to $66,000 has attracted a surge in bullish predictions, with traders betting on an increase that could see the price surpass its all-time high. Although Bitcoin hasn't yet set a new record, its Open Interest (OI) has reached a peak, signaling that interest in the leading cryptocurrency is at its highest level in a considerable time.

Neutral
cover-imageUToday
October 15, 2024

One-Year Bitcoin (BTC) Cycle on Verge of Being Broken

The market for Bitcoin recently indicated that a reversal is imminent, which has sparked speculation that the one-year cycle may soon end. In the past, Bitcoin has generally followed a predictable pattern; however, the way the market is acting right now points to a possible break from this pattern.

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