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news-imageOctober 14, 2024

Man Who Accidentally Threw Hard Drive Containing 8,000 Bitcoins Worth Half A Billion Dollars In Landfill Sues Local City Council For Not Excavating The Site

James Howells, etched in the history books for accidentally discarding Bitcoin (CRYPTO: BTC), which is worth more than half a billion dollars today, took a major step in retrieving them. What Happened: In a last-ditch effort, the Wales-based software engineer filed a lawsuit against Newport City Council for roughly 495.31 million British pounds, or about $647 million, in damages for repeatedly denying his request to excavate the landfill site housing the discarded hard drive, which contains around 8,000 units of Bitcoin, as reported by WalesOnline.
Publisher: Benzinga
Sentiment: Neutral
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BlackRock's spot Bitcoin ETF records 20% growth in net assets during Q3

The iShares Bitcoin Trust ETF (IBIT) surpassed $23.3 billion in net asset value (NAV) in the third quarter, registering a 20% quarterly growth, according to a Nov. 7 to a 10-Q Form filing with the US Securities and Exchange Commission (SEC). BlackRock's Bitcoin (BTC) exchange-traded fund (ETF) holds 367,805 BTC, worth roughly $21.

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cover-imageCoindesk
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Bitcoin to Reach $100K by December or January: 10x Research Founder

10x Research founder Markus Thielen joins CoinDesk with his bullish outlook on bitcoin, predicting that largest crypto by market cap will reach $100,000 by December or January as the industry expects SEC Gary Gensler to resign. Plus, insights on bitcoin's price movements after the election and the future for digital assets under a new administration.

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cover-imageThe Daily Hodl
November 7, 2024

Trader Michaël van de Poppe Says Ethereum Flashing Massive Bullish Signal, Updates Outlook on Bitcoin and Sei

A closely followed crypto analyst says Ethereum (ETH) may be gearing up for a massive breakout against Bitcoin (BTC). In a new strategy session, trader Michaël van de Poppe tells his 733,600 followers on the social media platform X the Ethereum/Bitcoin pair (ETH/BTC) is showing a bullish divergence on the daily chart.

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cover-imageCryptonews
November 7, 2024

Bitfinity Network Launches Cross-Chain Integration of Bitcoin Runes to Expand DeFi

By bridging Bitcoin Runes to Ethereum and ICP, Bitfinity Network brings unique DeFi capabilities to Bitcoin assets. Leveraging Chain-Key Technology, the integration emphasizes decentralized security, expands liquidity, and connects with Cosmos, offering a secure alternative to custodial Bitcoin models. The post Bitfinity Network Launches Cross-Chain Integration of Bitcoin Runes to Expand DeFi appeared first on Cryptonews.

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cover-imageBlockworks
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ColliderScript: Advancing Bitcoin covenants without a fork

The quest to bring “covenants” to Bitcoin — a mechanism that enables more sophisticated transaction types by controlling how coins can be spent in the future — has been an ongoing challenge. Recent research sheds light on how covenants may be achieved without the contentious and complex process of a soft fork.

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cover-imageCrypto Economy
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Binance's Proof of Reserves Highlights $120B Asset Pool and Growing Bitcoin, Ethereum Holdings

TL;DR Binance has published its latest Proof of Reserves (PoR), showing over $120 billion in assets across 34 cryptocurrencies. Bitcoin and Ethereum holdings grew by 2.09% and 6.20%, respectively. The platform continues to improve its PoR with advanced technologies such as zk-SNARKs and provides a complete representation of assets, liabilities, and collateral.

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cover-imageNewsBTC
November 7, 2024

How High Can Bitcoin Go In 2025? Legendary Trader Reveals

Legendary trader Peter Brandt, with nearly five decades of experience in trading since 1975, has shared a bullish forecast for the Bitcoin price trajectory in 2025. Taking to X, Brandt stated: “Bitcoin $BTC is now in the sweet spot of the bull market halving cycle that should top in the $130k to $150K range next Aug/Sep. I measure cycles differently than most.

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cover-imageCoingape
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US Space Force Major Proposes Bitcoin as a National Defense Tool

Jason Lowery, US Space Force Major and author, believes Bitcoin is a far-from-conservative technology transforming physical energy into secure digital power by taking “watts to secure cyberspace” rather than logic encoded. For Lowery, the Bitcoin network provides a different perspective on protecting everything from software instructions to sophisticated data structures associated with digital assets and

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cover-imageBenzinga
November 7, 2024

JPMorgan Predicts Strong Performance For Bitcoin And Gold Under Trump Presidency

Following Donald Trump's presidential win, JPMorgan (NYSE:JPM) analysts expect both Bitcoin (CRYPTO: BTC) and gold to see significant gains, attributing the expected growth to a "debasement trade." What Happened: This investment approach is designed to benefit from currency devaluation, often resulting from inflationary or expansionary fiscal policies, The Block reported.

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