#304 - "Bitcoin Hits $63,292; Mayor Backs Crypto Growth"
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Bitcoin's value soared to $63,292, with potential growth due to various factors, including a Texas town mayor's endorsement and positive JPMorgan analysis. The IMF urges El Salvador to amend its Bitcoin law, while the US government plans to auction Silk Road-linked Bitcoins. Analysts predict signifi
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Bitcoin reaches a record high nearing $100,000, marking the largest monthly candle ever. Factors like spot ETFs, options trading, and increasing institutional adoption contribute to the spike. Meanwhile, Russia adopts crypto taxation and Craig Wright's Satoshi claim gets rejected.
Published 11/29/24
In today's news, we tackle the impact of Bitcoin's recent halving event on its market dynamics and the new Russian tax bill treating cryptocurrencies as property. We also explore forecasts of massive BTC value growth, explore Bitcoin-backed assets' popularity, and keep a keen eye on the...
Published 11/28/24
Published 11/28/24
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