Author name: Peter

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Bitcoin Price Prediction: Experts Forecast BTC to Reach $87,000 by 2025

Analyzing Bitcoin's Potential Growth Bitcoin (BTC), the dominant cryptocurrency in terms of market capitalization, has garnered significant attention in the digital currency landscape due to its strength and market dominance. Currently valued just below $34,000, BTC's future price trajectory has been explored in the latest report by finder.com, which gathers insights from 31 experts and

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Mexican Billionaire Advocates for Bitcoin as a Hedge Against Inflation

Introduction Ricardo Salinas, a prominent billionaire and the honorary chairman of TV Azteca, recently expressed his belief in the importance of Bitcoin as a store of wealth. In an exclusive interview with Bitcoin Magazine reporter Isabella Santos, Salinas discussed the cryptocurrency's ability to protect against inflation and its potential to revolutionize traditional financial systems. This

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Bitcoin’s Dramatic Surge to $35,000 Erases $232M in Short Positions in Just 24 Hours

Bitcoin Soars by 13% in Early Morning Trading On October 24, 2023, bitcoin (BTC) experienced a significant surge of 13% during the early morning trading hours, Eastern Time (ET). This rapid rise propelled bitcoin's value to $35,108 per unit, causing the entire cryptocurrency market to increase by over 10%. Traders who had bet against cryptocurrencies

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Bitcoin Futures Open Interest Skyrockets Amid Rising Market Enthusiasm and ETF Anticipation

Bitcoin Futures Open Interest Surges The open interest (OI) for Bitcoin futures has experienced a significant surge in recent days, with CME Group's OI reaching an impressive 100,000 bitcoins, equivalent to $3.4 billion. This surge is not limited to CME Group, as other platforms such as Binance, Deribit, Bitget, and Okx are also seeing substantial

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North America Is the Largest Crypto Market Despite Regulatory Uncertainty, Reports Chainalysis

Introduction Despite ongoing regulatory uncertainty, North America continues to be the leading region in terms of cryptocurrency usage, according to blockchain forensics firm Chainalysis. While stablecoin-related activity has been decreasing, the region's share in decentralized finance (defi) usage has also declined. In this article, we will explore the findings of Chainalysis' 2023 Geography of Cryptocurrency

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Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial

Sam Bankman-Fried Gears Up to Assert Innocence in High-Stakes Trial Former FTX chief, Sam Bankman-Fried, is preparing to take the witness stand and testify in his ongoing trial. In recent weeks, several witnesses have spoken against him, but Bankman-Fried is determined to plead his case directly to the jury. Bankman-Fried has already shared his side

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Robert Kiyosaki Reveals His Unique Investment Strategy

Robert Kiyosaki's Investment Strategy vs. Warren Buffett's Approach Robert Kiyosaki, the renowned author of the best-selling book Rich Dad Poor Dad, has shared his investment strategy, highlighting the differences between his approach and that of investing legend Warren Buffett. Unlike Buffett, Kiyosaki focuses on accumulating assets for the long term rather than trying to time

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XRP and Cardano Surge as Crypto Market Shows Bullish Sentiment

XRP Price Surge XRP, formerly known as Ripple, experienced a significant surge on Tuesday, marking its fourth consecutive day of gains. The overall sentiment in the crypto market was mostly bullish, with the global crypto market cap rising by nearly 10% at the time of writing. Bitcoin, the leading cryptocurrency, reached a 17-month high, while

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