CRYPTO NEWS

“Massive Tidal Wave Of Cash” To Send Bitcoin (BTC) Price On Huge Rally, Predicts Trading Firm CIO

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Cryptocurrency markets are brimming with optimism this week as Bitcoin and major altcoins stage recoveries from the recent bear market. Matt Hougan, Bitwise Asset Management’s Chief Investment Officer, added to the enthusiasm in a recent interview predicting Bitcoin will surge to fresh all-time highs. Keypoints itwise CIO Matt Hougan predicts Bitcoin will hit a new all-time high amid an ongoing crypto market rally Key drivers include anticipation of a Bitcoin Spot ETF, lower interest rates, and unprecedented institutional investment Hougan believes the influx of “big money” from major financial players…

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Sui Joins DeFi Leaders, Topping $100M in Bridged USDC

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Sui Joins DeFi Leaders, Topping $100M in Bridged USDC

GRAND CAYMAN, Cayman Islands, December 7th, 2023, Chainwire Only 7 months from the network’s launch, Sui is bridging more USDC liquidity than multiple native chains Sui, the groundbreaking Layer 1 blockchain created by the technology experts who led Meta’s Diem blockchain initiative and created the Move smart contract language, continues its explosive ascent in decentralized finance (DeFi). This week, it surpassed $100 million in bridged USDC.  This latest data confirms Sui’s position among the ranks of the top DeFi protocols worldwide and builds upon its most recent milestone of surpassing $175…

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Bitcoin Innovation or Exploitation? Community Debates Ordinal Inscriptions

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As the price of bitcoin creeps back toward $45,000, the cryptocurrency’s network is showing signs of strain. Over 260,000 unconfirmed transactions have piled up in the mempool, slowing transactions and hiking fees. This congestion has reignited debate around a new Bitcoin innovation called ordinal inscriptions. Keypoints Unconfirmed BTC transactions are rising, causing network congestion and higher fees Ordinal inscriptions are adding extra data to transactions, bypassing Bitcoin Core’s size limits Luke Dashjr calls inscriptions a “bug” and vulnerability that needs to be fixed Others argue inscriptions evolve Bitcoin, encourage experimentation,…

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Huge if True! $100k Bitcoin God Candle? Qatar Eyes Multi-Billion Dollar Bitcoin Investment

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Reports emerged this week that Qatar’s sovereign wealth fund is exploring what could be one of the biggest institutional investments into Bitcoin ever – to the tune of up to $500 billion. The rumors, which remain unconfirmed but are gaining traction in crypto circles, have already fueled a rapid 10% Bitcoin price pump over recent days. Keypoints Qatar’s sovereign wealth fund is rumored to be considering a $500 billion investment in Bitcoin The rumors have fueled a surge in Bitcoin’s price, with it rising over 10% in the last 4…

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