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news-imageNovember 5, 2024

Here's why Bitcoin, Solana, Popcat, and Mantra prices are diving

It was a sea of red in the cryptocurrency market on Tuesday as investors positioned themselves for the US election and the Federal Reserve interest rate decision. Bitcoin fell to $67,900, while Solana (SOL), Popcat (POPCAT), and Mantra (OM) fell to $158, $1.2, and $1.28, respectively.
Publisher: Invezz
Sentiment: Negative
BTC
OM

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Record-Breaking 3% Bitcoin Investment By UK's Cartwright Fund: Largest BTC Allocation To Date

Cartwright, an independent business and specialist pension scheme advisor, urges UK institutional investors to embrace Bitcoin following the nation's first allocation to a defined benefit (DB) scheme. Cartwright's New Allocation Strategy In its announcement, Cartwright, specializing in defined benefit and hybrid pension schemes, emphasized the significance of incorporating Bitcoin into retirement plans.

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Q4 Bitcoin Rally: Expert Predicts $100K by Mid-December

As we approach the final quarter of 2024, the outlook for Bitcoin's price is filled with mixed predictions. However, there are some key factors that could drive Bitcoin's movement in the coming months, and experts are weighing in on what might happen. Short-Term Impact of the U.S.

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Bitcoin Price at Risk? Mt. Gox Shifts Billions in BTC

Bitcoin (BTC), the world's largest cryptocurrency by market cap, has fallen below the $68,000 level as defunct Mt. Gox moves billions worth of BTC. On November 5, 2024, the Whales transaction tracker made a post on X (Previously Twitter) that Mt. Gox had moved a substantial 32,371 BTC worth $2.19 billion, from its cold wallet.

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Mt. Gox Shifts $2.2B in Bitcoin : Potential for BTC Price to Dip Below $60K

After repaying more than $6 billion worth of Bitcoin (BTC) to distressed creditors since June, Mt.Gox is preparing to make another fund distribution. According to on-chain data analysis provided by Arkham Intelligence, the defunct cryptocurrency exchange made the largest transfer of Bitcoins from its associated wallet earlier today. Mt.Gox sent 32.

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Bitcoin ETFs Surpass 1 Million BTC Holdings In Less Than A Year Since Launch – Details Inside

Bitcoin (BTC) exchange-traded funds (ETFs) have collectively acquired over one million BTC in less than a year since their launch, reflecting strong demand for the digital asset among investors. Bitcoin ETFs Surpass One Million BTC Milestone According to a chart shared by crypto analyst Ali Martinez on X, the cumulative BTC holdings in Bitcoin ETFs have exceeded one million BTC within this short period.

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Analyst Predicts Bitcoin Bull Run: MVRV Metric Hints At $95K To $120K Target

The Bitcoin price action has sparked renewed interest among analysts and investors as the cryptocurrency approaches a major event (the US election) later in November. A CryptoQuant analyst known as CoinLupin recently provided an analysis on the CryptoQuant QuickTake platform, focusing on Bitcoin's Market Value to Realized Value (MVRV) ratio, a metric often used to gauge Bitcoin's value compared to its on-chain fundamentals.

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