Umer – Page 2 – Stocker Fox

Bitcoin Nears $90,000 Milestone as Trump’s Crypto-Friendly Policies Boost Investor Optimism

Bitcoin (BTC) has breached the $89k resistance level in a daily surge of 10% as it approaches the $90k zone. An analyst predicts massively for Bitcoin as he claims the distance from $75k to $100k is just an air gap. The much anticipated post-election bull run may have been triggered by... read more →

Umer
November 13, 2024
Bitcoin

Institutional Bitcoin ETF Trading Hits $7.22B Milestone, What’s Next?

Institutional interest in Bitcoin ETFs surged, with $7.22 billion traded in a single day. BlackRock’s IBIT led trading volumes, accounting for over half of the $7.22 billion. Institutional interest for Bitcoin ETFs has risen, with trading volumes reaching their highest levels in over 7 months. The 6th-highest level ever recorded,... read more →

Umer
November 13, 2024
Bitcoin

USDa: Bitcoin-Backed Stablecoin Reaches 100M Milestone by Avalon Labs

Avalon Labs’ USDa stablecoin reaches 100M supply, backed by $200M in Bitcoin. Avalon Labs opens a $50M deposit quota, offering 20-50% APY and 3x points rewards. Avalon Labs has achieved a big milestone by launching USDa, the world’s first Bitcoin-backed overcollateralized stablecoin. With collateralized Bitcoin assets of a stunning $200... read more →

Umer
November 13, 2024
Bitcoin

Bitcoin Surges to $85K – Only 17% Left to Break $100K Barrier by Year-End

Bitcoin reaches $85,000, with only 17% left to hit the $100,000 milestone by year-end, driven by Trump’s crypto-friendly policies and investor optimism. Bitcoin’s rally is fueled by institutional interest, including the Bitcoin ETF approval, and a favorable political environment that boosts market confidence. As we discussed in a CNF update... read more →

Umer
November 13, 2024
Bitcoin

Trump and Musk Eye Fed Changes – Could Bitcoin Adoption Be Next for the U.S.?

Trump and Musk advocate for more presidential control over the Federal Reserve, with Bitcoin increasingly viewed as a hedge against inflation and national debt. Amid concerns over the Fed’s influence, Bitcoin is gaining traction as a potential tool for managing the U.S. economy, particularly in the context of inflation and... read more →

Umer
November 13, 2024
Bitcoin

Why Bitcoin Is Becoming the New Digital Gold Standard

Bitcoin’s appeal as “digital gold” grows as capital shifts from traditional safe-haven assets. Demand for Bitcoin options surges as investors prepare for potential breakout opportunities. Since the recent election, a noticeable trend has formed in the global financial landscape, with traditional safe-haven assets such as gold losing popularity in favor... read more →

Umer
November 13, 2024
Bitcoin

Bitcoin Hits $90K, But Profit-Taking Remains Below Historical Levels – What’s Next for BTC?

Bitcoin (BTC) has breached the $90,000 milestone as it marches towards the much anticipated $100,000 mark. With friendly crypto regulations foreseen in the coming year, data shows that profit-taking remains below historical levels. Bitcoin (BTC) has seen an incredible rally, gaining more than 40% since October 13. The steep rally... read more →

Umer
November 13, 2024
Bitcoin

XRP Surges as Ripple CEO Garlinghouse Meets with Trump – A New Era for Crypto?

Ripple (XRP) CEO Brad Garlinghouse subtly likes a post that alleges that he met with the US president-elect Donald Trump, to discuss the crypto industry. Garlinghouse recently accused the US Securities and Exchange Commission (SEC) of selecting “winners” and “losers” through their enforcement actions. Ripple’s XRP has finally broken out... read more →

Umer
November 13, 2024
Bitcoin

Bhutan Government Reaches $1 Billion in Bitcoin Holdings – Will the U.S. and Other Nations Follow?

Bhutan has accumulated $1 billion in Bitcoin, leveraging its excess energy resources for mining and diversifying its economy amid post-COVID struggles. As Bhutan leads with its Bitcoin investments, corporate and government interest in Bitcoin is rising, with the U.S. and corporations like MicroStrategy re-evaluating their stance on the cryptocurrency. A... read more →

Umer
November 12, 2024
Bitcoin

7 Reasons Bitcoin Could Skyrocket to $200K by 2025

Global competition for Bitcoin is intensifying, with governments and corporations seeking to secure limited Bitcoin supplies. Favorable economic conditions, rising institutional interest, and BTC’s four-year cycle could drive significant market gains. Popular crypto influencer Lark Davis presents a strong argument in his recent video for why Bitcoin (BTC) might hit... read more →

Umer
November 12, 2024
Bitcoin

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