July 27, 2024
Bitcoin

VacEck Places $52.4 Million Price Tag On Bitcoin, But How Is This Possible?

American investment management firm VanEck has set an astonishing price target for Bitcoin (BTC), the world’s largest cryptocurrency. This forecast, which seems almost inconceivably high compared to most market predictions, has garnered significant attention. Despite the ambitious forecast, VanEck’s research team has presented a comprehensive rationale explaining why they believe such a substantial price increase

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Bitcoin

Day Two Highlights from the Bitcoin 2024 Nashville Conference

Bitcoin 2024 Conference Day 2 Highlights: Saylor’s Vision and Lummis’s Remarks Take Center Stage in Nashville Nashville, TN — Day two of the Bitcoin 2024 Nasville conference showcased high-profile addresses from both the technology and political arenas, reflecting the cryptocurrency’s growing influence across various sectors. Michael Saylor, CEO of MicroStrategy, delivered a keynote that outlined

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Bitcoin

Donald Trump Set to Speak Saturday at the Bitcoin Conference in Nashville

NASHVILLE — It’s finally here: President Donald Trump Bitcoin Conference Speech Eve. That means Friday is the last weekday you’ll exist in a world where a U.S. presidential candidate hasn’t given the keynote speech at the Bitcoin Conference. As his appearance looms, people wonder: What will he talk about? CoinDesk journalists are in Nashville for

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Bitcoin

Bitcoin bounces back above $67,000, while ether drops more than 7% for the week: CNBC Crypto World

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC Crypto

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Bitcoin

Bitcoin in July: Is recovery still possible?

20h31 ▪ 3 min of reading ▪ by Luc Jose A. July is often a turning point for bitcoin. A period where the crypto asset shows signs of recovery after significant declines. As this year’s July comes to an end, BTC is still struggling to break the $70,000 mark. Investors wonder if the crypto could

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Bitcoin

Jersey City Mayor’s Plan To Introduce Bitcoin ETFs Into Pension Funds

In a significant development showcasing the growing adoption of cryptocurrencies within traditional financial systems, the Jersey City pension fund is in the process of allocating an undisclosed percentage of its assets to invest in Bitcoin ETFs. Jersey City To Join Wisconsin In Bitcoin ETFs Investment According to Jersey Mayor Steven Fulop, the city’s pension fund

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Bitcoin

Kamala Harris likely to share Bitcoin stance in coming weeks—industry optimists note her husband is a ‘crypto guy’

A rumor swept like wildfire across the crypto world’s social media accounts this week: the Democratic party’s new standard bearer, Kamala Harris, was “in talks” with the organizers of Bitcoin 2024 to address the annual industry conference, where her rival Donald Trump is slated to speak. “They’re making up their minds today,” organizer David Bailey,

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Bitcoin

Kamala Harris ‘Will Not Be Speaking’ at Bitcoin Conference: CEO

U.S. Vice President and presumptive Democratic nominee for the Presidency Kamala Harris “will not be speaking” at the Bitcoin Conference after earlier talks to have her appear, according to the CEO of conference organizer Bitcoin Magazine David Bailey. In a tweet, Bailey said that it was “no surprise” that Harris had declined to appear at the

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Bitcoin

What causes Bitcoin’s selling pressure

Bitcoin ETFs and exchanges now have up to eight times more of an impact than miners, according to a new report. Sell-side pressure from miners is diminishing with each and every halving, a new analysis from Glassnode says. Meanwhile, centralized exchanges and ETF providers now have up to eight times more of an impact —

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Bitcoin

Bitcoin Dips Below $66,000 After Mt. Gox Shifts $2.8 Billion BTC to a New Wallet

Bitcoin sank below $66,000 on Wednesday morning after the Mt. Gox trustee moved $2.8 billion worth of its BTC into new wallets. At the time of writing, the Bitcoin price has rebounded to $66,408.24 after having sunk as low as $65,479.96 earlier this morning, according to CoinGecko data. But BTC is still trading 1% lower

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