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Bitcoin Hits Record $98,800 as SEC Chair Resigns
Bitcoin (BTC-USD) surged past $98,800 on Thursday, setting a new all-time high following the announcement that Securities and Exchange Commission (SEC) Chair Gary Gensler will step down on January 20, coinciding with Donald Trump’s scheduled return to the White House. The cryptocurrency initially crossed the $98,000 mark during early trading before settling slightly lower, as…
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Bernstein Analysts Predict Bitcoin Could Reach $200,000 by 2025
Analysts from Bernstein, a leading research and brokerage firm, have highlighted several factors that could propel Bitcoin’s price to $200,000 by the close of 2025. At present, Bitcoin is trading around $92,000, nearing its previous all-time high of about $93,300. In a recent analysis led by Gautam Chhugani, Bernstein points out that the market may…
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Is Bitcoin Set to Skyrocket? Prediction Markets Reveal What’s Next!
Prediction markets gained significant attention during the recent U.S. presidential election, proving more accurate than many traditional opinion polls. With the post-election rally in cryptocurrencies, one big question is on everyone’s mind: How high can Bitcoin go? Crypto-based platforms like Polymarket allow users to bet on Bitcoin’s future price, and the odds are reflecting some…
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U.S. Dollar and Bitcoin Surge Amid Expectations of Trump-Driven Tariffs
The U.S. dollar surged to its highest point in over six months against major currencies on Tuesday, while Bitcoin briefly hit a record high before easing, reflecting market anticipation of inflationary tariffs promised by President-elect Donald Trump. Bitcoin climbed 1.88%, reaching $89,683.00, just below an all-time high of $89,982, following Trump’s vow to make the…
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Bitcoin Soars to Record High Above $77,000 Amid Trump Reelection Boost
Bitcoin has hit an all-time high, surging past $77,000 on Friday in a rally that has taken the cryptocurrency world by storm. This latest milestone comes hot on the heels of Donald Trump’s reelection as President of the United States, which has sparked strong support from the crypto community and fueled Bitcoin’s unprecedented rise. At…
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Bitcoin ETFs See $541 Million in Withdrawals as Investors Brace for Election Uncertainty
This week, spot bitcoin exchange-traded funds (ETFs) recorded their largest outflows since May, with $541 million withdrawn on Monday alone. Agne Linge, head of growth at WeFi, commented on the trend, noting the impact of the upcoming U.S. presidential election. “The uncertainty surrounding this election, considered one of the most consequential in recent years, has…
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MrBeast Faces Controversy Over Alleged Crypto Pump-and-Dump Schemes
Jimmy Donaldson, widely known as MrBeast and one of YouTube’s most influential personalities, is embroiled in a fresh controversy over his alleged involvement in questionable cryptocurrency activities. On October 29, a detailed investigation by crypto researchers surfaced claims that MrBeast may have been involved in multiple “pump-and-dump” schemes. These operations allegedly allowed him to profit…
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Bitcoin Nears Record High, Fuelled by Election Speculation and Musk’s Influence
Bitcoin has surged over 8% in just two trading sessions, edging close to its all-time high of nearly $74,000, previously reached in March. On Tuesday, the leading cryptocurrency spiked as high as $73,433 in New York trading. Meanwhile, other popular tokens like Ethereum (ETH) and the meme-favorite Dogecoin (DOGE) saw similar upward momentum. The upcoming…
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$20 Million Crypto Heist Hits U.S. Government – What’s Really Going On?
In a recent report, Arkham Intelligence disclosed that cybercriminals allegedly stole $20 million in cryptocurrency from U.S. government wallets, including holdings in USD Coin, Tether, aUSDC, and Ethereum. The attackers are reportedly laundering the funds through addresses associated with known money laundering services. The U.S. government, a major player in the cryptocurrency space, is estimated…
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Bernstein Predicts Bitcoin Could Hit $200,000 by 2025
Leading analysts at Bernstein have issued a bold forecast for Bitcoin, projecting that the cryptocurrency could soar to $200,000 by the end of 2025. Gautam Chhugani, the firm’s digital assets lead, called this projection “conservative” in a recent client note, citing Bitcoin’s capped supply and the rapidly increasing U.S. debt, which has now surpassed $35…
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