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Showing posts from October, 2024

Solana Crypto Price Prediction – Could $SOL Break Through $200 Soon?

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Solana is making a big impact in the crypto market, with its price showing the potential to break through the $200 mark. $SOL recently reached $180, its highest level since January, before pulling back to the $170 range. Solana has rapidly ascended in popularity and now ranks as the fifth-largest cryptocurrency by market capitalization, as reported by CoinMarketCap. Since mid-July 2021, its price has skyrocketed over 700%, reaching a record high of $260.06 on November 7, 2021. This remarkable growth has surpassed many other major digital assets, making it an attractive option for investors targeting significant returns. Solana’s standout attributes include impressive speed, scalability, and cutting-edge innovations. As one of the largest blockchain ecosystems, Solana holds a Total Value Locked (TVL) of $6.26 billion, ranking it the third-largest blockchain by TVL. This growth has set Solana apart from many other ecosystems that are currently down, showcasing its strength as it...

Bitcoin: MicroStrategy Announces $42B Plan For BTC Purchase

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In a move that continues to fortify Michael Saylor’s commitment to the leading crypto, Michael Saylor’s MicroStrategy has announced a new $42 billion capital plan to buy more Bitcoin . The software technology firm announced its Q3 earnings report Thursday, also revealing its latest efforts to boost its Bitcoin holdings. Currently, MicroStrategy already holds 252,220 BTC. JUST IN: MicroStrategy plans to raise $42 billion to buy more #Bitcoin — Watcher.Guru (@WatcherGuru) October 30, 2024 According to MicroStrategy’s press release today, the company wants to continue its successful endeavors in Bitcoin, especially as the asset grows. “Our focus remains to increase value generated to our shareholders by leveraging the digital transformation of capital,” said Phong Le, President and Chief Executive Officer, MicroStrategy said today. “We are announcing a strategic goal of raising $42 billion of capital over the next 3 years, comprised of $21 billion of equity an...

2 Bitcoin mining stocks not to ignore amid growing AI demand

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The Bitcoin (BTC) mining sector is experiencing renewed investor interest, driven by Bitcoin’s recent rally past $70,000 and a shift toward AI-focused business models among key mining players. After a sluggish mid-2024 performance due to pressures from Bitcoin’s halving event, companies like Core Scientific (NASDAQ: CORZ) and Iris Energy (NASDAQ: IREN) are repositioning themselves to tap into the high-growth AI market.  These two stocks stand out as they leverage their extensive infrastructure to venture into high-performance computing, making them promising investment opportunities in the converging worlds of Bitcoin mining and AI. Picks for you What will Nvidia stock price be in 2030? 47 mins ago ‘Hawk Tuah’ crypto token soars nearly...

MicroStrategy Stock Hits New High as Bitcoin Looks to Follow Suit

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In what is a massive moment for the Michael Saylor-led firm, MicroStrategy has seen its stock hit a new high as Bitcoin is surging to the end of the month. Indeed, MSTR saw its stock price reach its highest level in 24 years as Bitcoin has recently broken through the $71,000 mark. There are few in business who have been as firm in their support and advocacy of BTC as Michael Saylor has. Moreover, his embrace of the asset is a massive reason why MicroStrategy has enjoyed the success it has in 2024. If Bitcoin can set new price marks in the coming month, this could be just the beginning for the company. Source: CNBC Also Read: Michael Saylor’s Bold U-Turn: Embracing Self-Custody Amid Backlash MicroStrategy Hits Highest Stock Price in 24 Years as Bitcoin Eyes Similar Move 2024 may prove to be the year of Bitcoin. In January, the asset became the first crypto-based ETF in the United States. With asset managers like BlackRock and Fidelity getting in on the token, its potential seemed limitl...

Vitalik Envisions the World 100 Years Later: Layer 2 on Mars and How to Live to 200

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YouTube: In this interview, Bruce, host of ETHPanda Talk, discusses the future of digital society 100 years from now with Ethereum founder Vitalik Buterin. ETHPanda, a non-profit for Chinese-speaking Ethereum builders, covers topics like decentralized identity (DID), the evolution of credit systems, global identity shifts, AI-human collaboration, Ethereum nodes on Mars, cryptography’s future, and open-source funding. The article was compiled by Wu Blockchain with permission from ETHPanda. Vitalik also shared his interest in longevity technology, explaining how his diet and exercise support his health. The conversation touched on Bitcoin’s “civil war” and its parallels with real-world nationalization. He emphasized the vast potential of future digital societies in areas like blockchain, decentralized collaboration, and AI, encouraging people to help drive technological and societal progress. The interview ended with Vitalik humorously comparing Ethereum to a “more fun game,” inspiring c...

MAGA Price Prediction: TRUMP Pumps 32%, But Experts Say Consider This New PolitiFi Meme Token For 25X Potential

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The MAGA price has pumped 32% in the last 24 hours to trade at $4.38 as of 8:15 a.m. EST on a 154% surge in trading volume to $13 million. MAGA Price Rebounds On A Strong Support Zone: Can The Bulls Sustain The Momentum? The TRUMP/USDT pair on the 4-hour timeframe presents a bullish outlook. A key highlight is the recent golden cross, where the 50-period moving average (MA) crossed above the 200-period MA, indicating the onset of upward momentum. This crossover aligns with the price bouncing off a strong support zone between $3.2 and $3.5, suggesting that this zone has provided a solid base for the current uptrend. Additionally, a parabolic curve is forming, pointing to the possibility of accelerated price growth. TRUMPUSD Analysis Source: Dextools.io Currently, the price is hovering around $4.41, with the next resistance level near the $5.00 mark. The MACD also supports the bullish sentiment, as the MACD line is above the signal line, accompanied by a positive histogra...

Bitcoin (BTC) & Shiba Inu (SHIB)  Price Prediction For November 2024

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The cryptocurrency world is currently undergoing a tempered transformation. Bitcoin is once again trying to cross past the critical price juncture of $68K, and in that process, the token is going back and forth to make the bullish attempt. On the other hand, Shiba Inu (SHIB) has also experienced a bearish month and is now awaiting a breakthrough. Will BTC and SHIB claim a new high this November? Also Read: Would You Quit Your Job For Shiba Inu? 55% of Investors Will at $0.01 Bitcoin (BTC) Price Forecast for November Bitcoin is the leading cryptocurrency of the realm. October was a significant month for BTC as the token claimed a new price spot of $68K. Throughout October, BTC has shown positive price momentum, going back and forth simultaneously to stabilize at $68K. The changing geopolitical narratives are also compelling investors to find alternatives for investment, and they seem to be pivoting towards BTC for better returns. According to CoinCodex, Bitcoin will continue to experime...

Here’s how Cardano taps into Bitcoin’s $1.3 trillion liquidity

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On October 24, BitcoinOS announced the launch of its Grail bridge on the Cardano network, enabling Bitcoin (BTC) liquidity to flow into the Cardano (ADA) ecosystem.  EMURGO, a founding entity of Cardano, is among the key developers supporting this integration by creating tools to attract Bitcoin capital and facilitate ADA tokens on the Bitcoin network. In an official blog, EMURGO highlighted that the Grail bridge would allow Cardano DeFi users to access Bitcoin’s extensive liquidity without intermediaries, fostering new financial opportunities and advancing cross-chain interoperability for Cardano’s ecosystem. Picks for you S&P 500 rallies to best 12-month performance since 1954 — What’s next? 1 hour ago U.S. government takes a...