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news-imageNovember 9, 2024

Bitcoin's Surge Shows No Signs of Slowing as Analysts Dismiss Overheating Concerns

Bitcoin's impressive rally to new all-time highs has left many investors wondering if the cryptocurrency might be overheating. However, top market analysts are dismissing these fears, citing strong fundamentals and steady market behavior as reasons to believe the bull run has room to continue.
Publisher: The Currency Analytics
Sentiment: Positive
BTC

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Positive
cover-imageCoingape
November 12, 2024

How Close Are The Bitcoin ETFs To Surpassing Satoshi Nakamoto?

Leading ETF analyst Eric Balchunas estimates that Bitcoin ETFs will surpass $90 billion in total assets and beat stashes of Bitcoin‘s pseudonymous creator Satoshi Nakamoto by mid-December. Meanwhile, traded Bitcoin products stand only 28% away from outshining the total holdings of gold ETFs.

Neutral
cover-imageThe Currency Analytics
November 12, 2024

Rich Dad Poor Dad Author Warns Against Greed as Bitcoin Approaches $100K

American entrepreneur and financial author Robert Kiyosaki has issued a stark warning to Bitcoin investors, urging them to avoid excessive greed as Bitcoin nears new price milestones. The best-selling author of Rich Dad Poor Dad, which has sold over 40 million copies worldwide, shared his thoughts on Bitcoin's recent surge and why he plans to stop buying the cryptocurrency once its price hits $100,000.

Positive
cover-imageBenzinga
November 12, 2024

'Buckle Up' For The Bull Market's 'Most Fun Phase,' Says Industry Expert: Bitcoin, Ethereum, Dogecoin About To Enter The 'Euphoria' Stage

Blockworks co-founder Jason Yanowitz sees the cryptocurrency market moving into the most thrilling phase of a four-stage bull market. What Happened: Yanowitz outlined the typical bull market phases in a thread on X: Stage 1: Rebirth (Jan 2023-Jan 2024) Stage 2: Excitement (Feb 2024 through last week) Stage 3: Euphoria (currently) Stage 4: Disconnection (still to come) The founder noted that the “Excitement” phase could see some coins near all-time highs, without new players coming or existing players leaving.

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