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news-imageNovember 7, 2024

Bitcoin, Ethereum, and Solana Are Set to Explode! Here's Why

After Struggling for the last six months bitcoin price has finally hit the ATH and touched the $76,200 mark after Donald Trump's election win. Meanwhile, experts predict that the next few months in the crypto market are about to get wild.
Publisher: CoinPedia
Sentiment: Positive
BTC
ETH

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Positive
cover-imageCoinPedia
December 4, 2024

Ethereum Price Prediction (Dec 4th 2024)

As the Bitcoin whales maintain a wait-and-watch strategy and the BTC price falls near the $96,000 mark, Ethereum is making a bullish comeback. With an intraday surge, the Ethereum ETFs are showcasing positive trends, driving institutional demand.

Neutral
cover-imageCoinPedia
December 4, 2024

Bitcoin (BTC) Price Prediction (Dec 04th 2024)

Story Highlights The BTC price records a neutral price action for the third consecutive day. Bitcoin ETF breaks its inflow streak and loses $17.3 million in 24 hours. Technical indicators record mixed price sentiment. Despite increased price volatility, Bitcoin has displayed neutral price action this week.

Neutral
cover-imageUToday
December 4, 2024

Whale Moves $257 Million Worth of Bitcoin

According to data provided by cryptocurrency analytics firm Lookonchain, a whale with 2,700 BTC (more than $250 million in dollar terms) recently transferred all of its holdings out after 11 years of dormancy.

Negative
cover-imageNewsBTC
December 4, 2024

Bitcoin's Silent Whales: Rising Exchange Inflows Hint at Market's Next Big Move

Bitcoin has experienced notable whale activity since the conclusion of the US election on November 5, with an increase in the volume of Bitcoin transferred to exchanges by active whale addresses. However, contrary to what one might expect, there hasn't been a significant surge in profit-taking activity among these large holders, a CryptoQuant analyst named onatt revealed in a recent post on the QuickTake platform.

Negative
cover-imageCoinPedia
December 4, 2024

Bitcoin Jesus Fights $48M Tax Evasion Charges

Roger Ver, famously dubbed “Bitcoin Jesus,” is no stranger to controversy. Now, he's up against U.S. prosecutors who accuse him of dodging $48 million in taxes tied to Bitcoin sales. Ver isn't just denying the charges. He's calling the tax rules themselves unconstitutional.

Negative
cover-imageThe Currency Analytics
December 4, 2024

US Moves $1B in Bitcoin, Threatening Trump's Reserve Plans

The US government recently moved a substantial portion of its Bitcoin holdings, amounting to $1.92 billion, raising concerns about the future of Bitcoin reserves under the upcoming administration. This transaction, which included $963 million moved to Coinbase, has reignited discussions on the potential for the US to liquidate its Bitcoin holdings before President Joe Biden leaves office, potentially undermining plans by President-elect Donald Trump to create a US Bitcoin Reserve.

Positive
cover-imageCoinPedia
December 4, 2024

Solana Price Prediction For December 4

Solana (SOL) is currently up by more than three percent and is trading close to the $240 levels. The recent price increase comes after Grayscale Investments filed with the SEC to convert its Grayscale Solana Trust into a spot ETF.

Positive
cover-imageTokenpost
December 4, 2024

Bitcoin Market Update: MicroStrategy, MARA, and ETF Inflows Fuel Optimism

Marathon Digitals Growth: Driving Investor Confidence Bitcoin (BTCUSD) is currently consolidating after reaching a new all-time high of $93,483, with prices trading around $95,123. Both MicroStrategy and Marathon Digital Holdings (MARA) have significantly increased their Bitcoin holdings, reflecting strong institutional interest as Bitcoin approaches new highs.

Positive
cover-imageCoinPedia
December 4, 2024

Grayscale Files for Spot Solana ETF, SOL Price Spikes

The cryptocurrency market appears super interesting due to ongoing developments in the industry. Today, December 4, 2024, the giant asset manager Grayscale Investments has officially filed for a Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE).

Positive
cover-imageCryptopolitan
December 4, 2024

Bitcoin mining proposed as a solution to UK wind energy waste

CEO and Chairman of Bitcoin miner Marathon Digital, Fred Thiel, has called for grid operators and renewable asset owners to use Bitcoin mining to manage grid congestion due to excess energy. Thiel expressed this view in response to a recent report about excess energy being wasted by wind farms in the UK.

Positive
cover-imageNewsBTC
December 4, 2024

Bitcoin Price Could ‘Easily Double' In A Short Time, Predicts Hedge Fund CEO

In the latest episode of The Milk Road Show, Charles Edwards, founder of crypto hedge fund Capriole Investments, provided an in-depth analysis of Bitcoin's current state, its future trajectory, and the potential conclusion of the traditional 4-year Bitcoin cycle. Edwards posits that Bitcoin's journey to $100,000 could be the catalyst for an unprecedented price acceleration.

Negative
cover-imageTokenpost
December 3, 2024

Bitcoin Reserve Rejected? Trump Prioritizes Dollar, TD Cowen Casts Doubt on Digital Asset Adoption

TD Cowen analysts argue that Trumps strong commitment to dollar dominance makes adopting a Bitcoin reserve improbable, as advocates face an uphill battle for policy change. Trumps Dollar-First Strategy Blocks Bitcoin Reserve Proposals According to TD Cowen analysts, incoming US President Donald Trumps steadfast confidence in the dollars primacy as the global reserve currency makes him unlikely to back calls for a US Bitcoin reserve, Investing.com reports.

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