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news-imageNovember 25, 2024

Bitcoin stabilizes around $98,000 as liquidations surpass $500M

Bitcoin is holding steady at around $98,000 after a volatile 24-hour period, and liquidations have exceeded $500 million across the cryptocurrency market.
Publisher: Cryptopolitan
Sentiment: Neutral
BTC

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BitMEX founder and crypto veteran Arthur Hayes is laying out bullish outlooks for Bitcoin (BTC), Dogecoin (DOGE) and the broader digital asset market cycle. In a new discussion on the Alpha Only podcast, Hayes says traditional finance (TradFi) firms could be what triggers froth and a subsequent collapse in crypto valuations.

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South Korea Rejects Bitcoin Reserve Plans for Now

If you've been following Bitcoin's rise, South Korea's latest move might surprise you. While the US plans bold steps with Bitcoin, it is holding back. The Financial Services Commission (FSC) has ruled out creating a national Bitcoin reserve. Their reason? It's all about caution, investor safety, and keeping things stable.

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Did MicroStrategy Buy Bitcoin Over the Weekend? Rumors Point to a Major BTC Accumulation!

Michael Saylor's MicroStrategy is at it again, with rumors swirling about a potential Bitcoin buying spree over the weekend. Analysts speculate the company might acquire up to 100,000 BTC, aligning with the QQQ index rebalancing on Black Friday. Crypto enthusiasts are anticipating a major announcement on Monday, which could send ripples through the market.

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