Elon Musk Praises El Salvador’s Bitcoin Strategy

Elon Musk recently gave El Salvador’s Bitcoin holdings a big thumbs-up. After President Nayib Bukele shared an update showing El Salvador’s Bitcoin wallet balance, Musk simply tweeted “Impressive.” El Salvador’s Bitcoin Success Story El Salvador made headlines in 2021 by becoming the first country to adopt Bitcoin as legal tender. Their Bitcoin investment has seen…

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Will Bitcoin Hit $100,000? The Real Hurdle

Bitcoin is climbing again, and many think it’s about to hit the coveted $100,000 mark. But is it really that simple? The $100,000 Roadblock According to Santiment, a crypto data platform, there’s a major obstacle: retail trader sentiment. While big investors (whales) are buying up Bitcoin, many smaller traders are getting nervous. After a huge…

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Ethereum’s Future: A $10,000 Prediction?

An analyst predicts a bright future for Ethereum (ETH), forecasting significant price increases based on a technical analysis pattern. The Ascending Channel Pattern The analyst, Ali Martinez, points to an “Ascending Channel” pattern on Ethereum’s weekly price chart. This pattern shows two parallel upward-sloping lines, where the price tends to bounce between them. The upper…

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Bitcoin Hits $100,000! A Crypto Milestone

Bitcoin just blew past the $100,000 mark, sending shockwaves through Wall Street and Washington D.C. Wall Street’s Bitcoin Embrace The price surged to a high of $101,349, a 5.5% jump in just 24 hours. This incredible rise follows the hugely successful launch of Bitcoin ETFs earlier this year, and the recent billion-dollar launch of Bitcoin…

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Trump Mulls Crypto CEO for Top Regulatory Role

A Surprise Contender for CFTC Chair President Trump is reportedly considering Perianne Boring, CEO of the Chamber of Digital Commerce, to head the Commodity Futures Trading Commission (CFTC). Sources say her ability to clearly explain complex financial issues to the public is a key factor in her consideration. Other Candidates in the Mix The race…

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Ethereum Looks Good: Bernstein’s Bullish Outlook

Bernstein, a massive $725 billion asset manager, thinks Ethereum (ETH) is a smart investment right now. Their analyst, Gautam Chhugani, points to four key reasons why the risk-reward ratio for ETH is attractive. Ethereum’s Strong Fundamentals Chhugani highlights Ethereum’s surprisingly stable supply. Since switching to a proof-of-stake system and implementing a “burn” mechanism, the total…

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Roger Ver Fights Back Against US Tax Evasion Charges

“Bitcoin Jesus” Roger Ver, a prominent figure in the cryptocurrency world, is fighting back against US tax evasion charges. His legal team is arguing the charges are politically motivated and represent an unconstitutional overreach by the government. The Case Against Ver In April, Ver was indicted on eight counts of criminal conduct, accused of failing…

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