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news-imageNovember 7, 2024

Why Bitcoin Users Are Moving to Altcoins? As Ethereum Price Jumps 11%

Although the Bitcoin price rally has paused above $75,000 a day after Donald Trump's victory, altcoins have continued their strong show with the Ethereum price taking the lead with 11% gains all the way to $2,850 levels. Investors have a lot of questions as to does this mark the beginning of the much-awaited altseason moving
Publisher: Coingape
Sentiment: Positive
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cover-imageThe Currency Analytics
November 7, 2024

Internet Computer Network Sees 13x Growth Driven by Bitcoin DeFi, But ICP Price Lags Behind

The Internet Computer Protocol (ICP), the blockchain network designed for high-speed decentralized applications, has experienced a monumental rise in network activity, with its growth primarily driven by the expansion of its Chain Fusion interoperability protocol. However, despite the impressive rise in its ecosystem activity, the price of ICP has remained largely muted, following a broader market trend of consolidation in the latter half of 2024.

Positive
cover-imageThe Currency Analytics
November 7, 2024

Anthony Pompliano Highlights Bitcoin's Rising Role in Modern Financial Markets

Bitcoin's growing dominance in the financial landscape continues to capture the attention of financial experts, with Anthony Pompliano, a longstanding advocate of cryptocurrency, offering an insightful analysis of its potential advantages over traditional assets like gold. Pompliano, the founder of Pomp Investments, recently discussed Bitcoin's emerging role in the economy, particularly in light of the continued depreciation of the U.S. dollar.

Positive
cover-imageNewsBTC
November 7, 2024

Analysts Debate Bitcoin's Next Move As BTC Hits $75K All-Time High

Bitcoin has experienced a notable surge in price, reaching an all-time high of $75,358 following the announcement that former US President Donald Trump has been reelected, becoming the 47th President of the United States. So far, the asset's value has seen a nearly 10% spike in the past day before experiencing a slight correction, trading at $74,037 at the time of writing—a decline of approximately 1.1% from its peak earlier today.

Positive
cover-imageCoingape
November 7, 2024

Dormant Ethereum Whale Returned With Donald Trump's Win Making $30M

November 6 was one of the biggest events in the crypto industry, as the polling results declared Donald Trump as the 47th President of the country. With that, the crypto trading market has witnessed quite a boost, leading to many dormant Ethereum whales returning to the market to benefit from the ETH price rally.

Positive
cover-imageThe Currency Analytics
November 7, 2024

Semler Scientific Boosts Bitcoin Holdings to 1,058 BTC Despite Mixed Q3 Results

Semler Scientific, a technology company specializing in products and services aimed at combating chronic diseases, has significantly expanded its cryptocurrency portfolio with the purchase of an additional 47 bitcoins (BTC) for a total of $3 million. This move brings the company's total bitcoin holdings to 1,058 BTC, which has been acquired at an aggregate cost of $71 million, including transaction fees and other costs.

Positive
cover-imageBenzinga
November 7, 2024

NBA legend Scottie Pippen's Prophetic 'Satoshi Nakamoto Dream' Misses Bitcoin Numbers On Election Day

NBA star Scottie Pippen's "dream encounter" with Bitcoin (CRYPTO: BTC) creator Satoshi Nakamoto failed to hit the bull's eye, as the leading cryptocurrency gained but didn't gain enough on election day. What happened: Widely regarded as one of the greatest players in NBA history, Pippen is a known celebrity advocate of Bitcoin and actively uses his social media presence to promote the cryptocurrency.

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