πŸ“ˆ Bitcoin's Recovery Driven by US Financial Concerns: Bitcoin's recent surge is linked to the US dollar's strength and global financial conditions. Despite historically moving inversely to the US Dollar Index (DXY), Bitcoin is showing signs of resilience due to macroeconomic factors. 🌍 A potential economic stimulus in Japan and rising oil prices πŸ›’ could further impact global inflation, hinting at increased market liquidity that may benefit Bitcoin. πŸ’Ή image
πŸ†• CNBC says #Bitcoin "could still reach $100,000 this year" πŸ₯‚ image
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πŸ›‘ Over 80% of 2022 Crypto Startups Still Active Despite Market Chaos: Despite market turbulence and high-profile collapses, 80% of crypto startups that raised funds in 2022 remain active. The infrastructure and CeFi sectors showed the highest success rates, while gaming and metaverse projects faced the highest failure rates. Ethereum remains the top ecosystem for new projects, with Bitcoin-based startups showing remarkable resilience. 🌱 image
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πŸ›‘ Certik Malicious Actors Stole $753 Million in Q3, Phishing Top Attack Vector πŸ”΄ Malicious actors stole $753 million in the third quarter, with phishing being the most costly attack vector. The report emphasizes the need for stronger security measures and warns users to be cautious of phishing scams. Ethereum and Bitcoin networks were the hardest hit chains, with combined losses exceeding $600 million. Crypto Insight πŸ”Ž image
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πŸ₯³ Bitcoin Targets $70K as Stablecoin Inflows and China’s Stimulus Boost Rally: #Bitcoin has broken out of its recent downtrend, setting its sights on the $70K milestone. Nearly $10 billion in stablecoins entered the market post-FOMC meeting, contributing to the rally. Additionally, #China's $278 billion stimulus plan could spark a parabolic rally in crypto prices, driving global liquidity. 🌐 image
πŸ’­ BlackRock and Fidelity's spot #Bitcoin ETFs did a combined $1.24 billion in trading volume today πŸ’Ž
πŸš€ Bitcoin's Window to Reach $100K by Year-End Looks Tight: Crypto analyst Pav Hundal suggests that while Bitcoin may not reach the $100K mark by year-end, it could still hit a new all-time high in the $75K-$80K range by December. Options traders are positioning for strike prices between $90K and $110K for Christmas Eve, indicating optimism despite recent market uncertainty. πŸ“ˆ image