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Showing posts with the label institutional interest

ChatGPT says Litecoin (LTC) will hit this target by Q1 2025

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After experiencing a sharp downturn earlier this month amid broader market turbulence, Litecoin (LTC) has rebounded strongly. The cryptocurrency has climbed nearly 10% in a day, trading at $119 at press time, as growing speculation over a potential exchange-traded fund (ETF) drives renewed investor interest. With regulatory momentum growing, analysts and traders are closely watching Litecoin’s next move as anticipation builds around its potential for further gains. Litecoin one-day price chart. Source: Finbold ChatGPT sets Litecoin price for Q1 2025 To assess Litecoin’s potential in early 2025, Finbold analyzed market data and consulted OpenAI’s advanced ChatGPT-4o model for insights. Picks for you Will gold finally hit $3,000 this week? 59 mins ago ...

Best Crypto to Buy Now November 22 – Pepe, Flare, Raydium

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Bitcoin is trading at $97,302.08, reflecting a 0.2% increase in the past 24 hours. This rise has influenced the broader cryptocurrency market, with altcoins like Flare, Raydium, and Aave showing significant gains during the same period.  The current market trends indicate growing adoption and structural development driven by institutional interest, ETF activity, and technological advancements in blockchain projects. These factors suggest that the market is maturing and attracting more participants. This has led traders to look for the best crypto to buy now , expecting the bullish momentum to continue. Best Crypto to Buy Now Bitcoin has been reaching new record highs this month, largely driven by expectations that former President Trump could bring about a favorable environment for crypto. Increased funding rates and open interest in the futures market sparked the latest price surge.  Flockerz has gained attention after raising over $2.8 million in its ongoing presale ca...

Bitcoin (BTC) Hits New All-Time High, Eclipsing $73,800

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Bitcoin (BTC) has officially eclipsed its previous all-time high in price, surpassing $73,800 on Tuesday afternoon. The king cryptocurrency has climbed 4% in the last 24 hours, and over 10% in the past 30 days. Bitcoin’s market cap now stands at $1.44 trillion as well, with trading activity in the last 24 hours breaching $57 billion, up by over 68%. JUST IN: $73,000 #Bitcoin pic.twitter.com/jitPeLysDB — Watcher.Guru (@WatcherGuru) October 29, 2024 BTC’s latest upward momentum could be due to investors bracing themselves for MicroStrategy’s quarterly earnings . The company’s stock hit an all-time high closing price of $313 on Monday and trades for around $255.34. Microstrategy is one of the most bullish entities in Bitcoin (BTC). The company owns 252,220 as of September 20, 2024. Furthermore, MicroStrategy’s Bitcoin investment now sits at a $8,400,000,000 unrealized profit. MicroStrategy’s Bitcoin accumulation strategy has been huge for its success this year. However, ...

Here’s when Bitcoin will hit $100,000 after resuming ‘aggressive tone,’ according to analyst

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Bitcoin (BTC) is consolidating below $60,000 as investors await a possible breakout, with lingering consensus that the cryptocurrency is poised for further long-term gains. For instance, crypto analyst TradingShot suggested in a TradingView post on August 12 that Bitcoin is likely to reach $100,000 in the coming months. According to the expert, Bitcoin’s recent pullback is merely a technical correction, setting the stage for a powerful bull run. TradingShot noted that over the past two weeks, Bitcoin’s price tested the 50-week moving average (1W MA50), a critical trend line that was only touched once in the previous bull cycle. Picks for you Meta AI predicts SHIB price for 2025 36 mins ago Google Search for ‘recession’ skyrockets 244% a...