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news-imageNovember 7, 2024

Bitcoin May Reach $100,000 By US Presidential Inauguration Day, Report Says

Although the Bitcoin (BTC) price made new all-time highs (ATH) today, there could be more gains for the cryptocurrency's future price trajectory.
Publisher: Bitcoinist
Sentiment: Positive
BTC

More News Articles

Positive
cover-imageCrypto Daily
November 7, 2024

Bitcoin ($BTC) consolidates at $75,000 - what next?

As the market pauses to catch its breath, the $BTC price is currently consolidating around the $75,000 price level. With a marked positive change towards Bitcoin about to be implemented, as the new Trump administration begins its tenure in January, could $BTC surge into the end of the year?

Neutral
cover-imageThe Currency Analytics
November 7, 2024

Internet Computer Network Sees 13x Growth Driven by Bitcoin DeFi, But ICP Price Lags Behind

The Internet Computer Protocol (ICP), the blockchain network designed for high-speed decentralized applications, has experienced a monumental rise in network activity, with its growth primarily driven by the expansion of its Chain Fusion interoperability protocol. However, despite the impressive rise in its ecosystem activity, the price of ICP has remained largely muted, following a broader market trend of consolidation in the latter half of 2024.

Positive
cover-imageThe Currency Analytics
November 7, 2024

Anthony Pompliano Highlights Bitcoin's Rising Role in Modern Financial Markets

Bitcoin's growing dominance in the financial landscape continues to capture the attention of financial experts, with Anthony Pompliano, a longstanding advocate of cryptocurrency, offering an insightful analysis of its potential advantages over traditional assets like gold. Pompliano, the founder of Pomp Investments, recently discussed Bitcoin's emerging role in the economy, particularly in light of the continued depreciation of the U.S. dollar.

Positive
cover-imageNewsBTC
November 7, 2024

Analysts Debate Bitcoin's Next Move As BTC Hits $75K All-Time High

Bitcoin has experienced a notable surge in price, reaching an all-time high of $75,358 following the announcement that former US President Donald Trump has been reelected, becoming the 47th President of the United States. So far, the asset's value has seen a nearly 10% spike in the past day before experiencing a slight correction, trading at $74,037 at the time of writing—a decline of approximately 1.1% from its peak earlier today.

Positive
cover-imageThe Currency Analytics
November 7, 2024

Semler Scientific Boosts Bitcoin Holdings to 1,058 BTC Despite Mixed Q3 Results

Semler Scientific, a technology company specializing in products and services aimed at combating chronic diseases, has significantly expanded its cryptocurrency portfolio with the purchase of an additional 47 bitcoins (BTC) for a total of $3 million. This move brings the company's total bitcoin holdings to 1,058 BTC, which has been acquired at an aggregate cost of $71 million, including transaction fees and other costs.

Positive
cover-imageBenzinga
November 7, 2024

NBA legend Scottie Pippen's Prophetic 'Satoshi Nakamoto Dream' Misses Bitcoin Numbers On Election Day

NBA star Scottie Pippen's "dream encounter" with Bitcoin (CRYPTO: BTC) creator Satoshi Nakamoto failed to hit the bull's eye, as the leading cryptocurrency gained but didn't gain enough on election day. What happened: Widely regarded as one of the greatest players in NBA history, Pippen is a known celebrity advocate of Bitcoin and actively uses his social media presence to promote the cryptocurrency.

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