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news-imageDecember 16, 2024

Bitcoin Adoption Skyrockets, Semler Scientific Buys $21.5M in BTC

Bitcoin (BTC), the world's largest cryptocurrency by market capitalization is gaining significant attention from institutions and crypto whales. Semler Scientific's $21.5 Million BTC Acquisition On December 16, 2024, Semler Scientific, a company that provides medical technology for early chronic disease detection acquired 211 BTC worth $21.
Publisher: CoinPedia
Sentiment: Positive
BTC

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cover-imageCrypto news
December 16, 2024

Bitcoin hits new record high with surge to $107k

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.

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cover-imageThe Currency Analytics
December 16, 2024

Bitcoin Rainbow Chart Signals $500K Peak in Current Cycle

Bitcoin's price trajectory is currently showing signs of a potential $500K peak in this cycle, a scenario that many crypto enthusiasts have long speculated about. The Bitcoin rainbow chart, a popular tool used to predict the cryptocurrency's long-term price trends, suggests that the leading cryptocurrency might be heading toward a “supercycle.

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cover-imageCryptopolitan
December 16, 2024

6 Next Cryptos to Explode After Bitcoin Hits $106k

Bitcoin has been trading comfortably above the $100k mark ever since its all-time high push on December 16. While in retracement mode, the largest cryptocurrency by market cap has been priming HODLers for another run, this time trying to turn the $106k resistance level into support.

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cover-imageBitcoin
December 16, 2024

BTC Mania: Bitcoin's Meteoric Rise Past $107,000

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.

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cover-imageCointribune
December 16, 2024

The Bitcoin/Gold Ratio Is Breaking All Records

The Bitcoin/gold ratio, a key indicator of the purchasing power of crypto against the precious metal, has reached an all-time high of 40 ounces of gold per BTC. This performance reflects the spectacular rise of BTC, which has surpassed the $106,000 mark today, December 16, consolidating its role as the "new digital gold.

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cover-imageBenzinga
December 16, 2024

Bitcoin As 'Neutral Reserve Asset' Could Overhaul Financial System, Says Analyst

Prominent financial analyst Luke Gromen sees Bitcoin (CRYPTO: BTC) or gold potentially serving as solutions to mounting economic challenges in the face of increasingly precarious sovereign debt situations. What Happened: In a recent episode of the ‘What Is Money' podcast with Robert Breedlove, Gromen pointed to the U.S.'s $36 trillion debt, warning of its long-term instability.

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cover-imageCryptoSlate
December 16, 2024

El Salvador grants Bitget a Bitcoin license amid $362 million profit boom

El Salvador's Central Reserve Bank has officially granted Bitget a Bitcoin Service Provider (BSP) license, according to a Dec. 16 statement shared with CryptoSlate. This move grants the exchange legal authorization to facilitate Bitcoin-related services in the country, including converting Bitcoin to fiat currencies, processing Bitcoin payments, and securely managing Bitcoin custody.

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cover-imageCryptonews
December 16, 2024

Bitcoin Suisse Predicts BTC Will Trade Above $180,000 in 2025

Bitcoin Suisse predicts Bitcoin could reach new all-time highs above $180,000 in 2025 due to improving macroeconomic conditions, growing adoption as a reserve asset, and increasing institutional investment. The post Bitcoin Suisse Predicts BTC Will Trade Above $180,000 in 2025 appeared first on Cryptonews.

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