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news-imageNovember 13, 2024

Market ‘Pricing In A Higher Fair Value' For Bitcoin As Price Discovery Continues

Bitcoin (BTC) has performed remarkably over the past week, surging 30% since the November 5 US election. The flagship crypto surpassed its March all-time high (ATH), recording a new high nearly every day for the last seven days.
Publisher: NewsBTC
Sentiment: Positive
BTC

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cover-imageBenzinga
November 14, 2024

Bitcoin Proxy MicroStrategy Added More To Its Market Cap In Last 2 Months Than What Ford Is Worth Currently

Bitcoin's (CRYPTO: BTC) bullish turn since early September has reflected well on MicroStrategy Inc. (NASDAQ:MSTR), with the proxy firm increasing its valuation by $50 billion in the last two months. What happened: Widely considered a TradFi alternative to holding Bitcoin, shares of MicroStrategy hit a record closing high, past $350, earlier this week.

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cover-imageThe Currency Analytics
November 14, 2024

Experts Cite Supply Shock as Major Driver Behind Bitcoin's Price Surge

Bitcoin has seen a significant surge in price recently, climbing to $87,378, and while some have attributed this to political events like Donald Trump's election victory, experts are largely focusing on another key factor: a supply shock following Bitcoin's halving event. According to Jesse Myers, co-founder of Onramp Bitcoin, while a Bitcoin-friendly administration may have played a role, the primary reason for this surge is the reduced supply of new Bitcoin entering circulation, creating a scarcity that drives up demand.

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cover-imageThe Currency Analytics
November 14, 2024

Bitcoin Dips to $85K: Peter Brandt Predicts “Insane” Rebound to $327K

Bitcoin's recent pullback to $85,155 after hitting an all-time high of $89,950 has generated plenty of discussion among cryptocurrency enthusiasts. With the market cooling off after eight consecutive days of upward momentum, traders and analysts are pondering whether this is just a temporary dip or the beginning of something bigger.

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cover-imageNewsBTC
November 14, 2024

Bitcoin Expected To Hit $100,000 Before 2025, According To Kalshi Data

Bitcoin (BTC) has hit new highs in recent days, with many users of crypto betting site Kalshi predicting that the largest cryptocurrency on the market could hit the $100,000 milestone before the end of 2024. According to recent data from the event contract market, 60% of users believe Bitcoin will hit this milestone before January, while 45% are betting it could achieve this level as early as November.

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cover-imageThe Currency Analytics
November 14, 2024

Bitcoin Surpasses Silver to Become the 8th Most Valuable Global Asset

Bitcoin continues its meteoric rise, surpassing silver in market capitalization to become the 8th most valued global asset. As of November 2024, the flagship cryptocurrency has achieved a market cap of $1.745 trillion, outpacing silver's $1.725 trillion and marking another milestone in its growth trajectory.

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cover-imageCoingape
November 13, 2024

Peter Schiff Says Bitcoin Can Fix Social Security, Here's How

Peter Schiff, a long-time Bitcoin critic, has recently presented an unconventional plan suggesting that BTC could be the key to addressing the Social Security funding issue in the United States. Schiff, known for his skeptical views on crypto, has proposed that the Social Security Trust Fund should sell off its $2.7 trillion in U.S. Treasury

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cover-imageCoindesk
November 13, 2024

Bitcoin Tops $93K Lifetime High As U.S. Demand Surges

Bitcoin price continues its record setting pace this week, blasting through the $90,000 resistance level and winning a new record over $93,000 in the U.S. morning Wednesday. CoinDesk Senior Anchor Christine Lee explains what is behind this latest surge on "Chart of the Day".

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cover-imageBloomberg Technology
November 13, 2024

Bitcoin Surges Past $90K

Jalak Jobanputra, founder and managing partner of Future Perfect Ventures, discusses the unleashed pent-up demand for cryptocurrencies after Trump's election win. She speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Technology.

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cover-imageThe Currency Analytics
November 13, 2024

BlackRock's IBIT ETF Sees Impressive $778M Inflows Amid Bitcoin Price Dip

BlackRock's IBIT fund has maintained impressive inflows, attracting a hefty $778.2 million on November 12, marking the fourth consecutive day of strong investment activity. This influx is part of a broader trend of growing investment in Bitcoin exchange-traded funds (ETFs), despite recent fluctuations in cryptocurrency prices.

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