Could Bitcoin Really Hit $100,000 Before the End of the Month – Signs Point to Yes

2 HodlX Guest Post  Submit Your Post   As Bitcoin continues to break records, crypto investors and market analysts are eyeing an ambitious yet seemingly possible milestone – Bitcoin at $100,000 by month’s end. Recent trading momentum, market confidence and macroeconomic factors are aligning in favor of Bitcoin’s continued ascent, especially with the cryptocurrency reaching unprecedented highs of around $89,000 earlier this week. But what could be driving this historic run

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China Begins to Market Its First Dollar Bonds in Three Years

(Bloomberg) — China started marketing dollar bonds in Saudi Arabia, marking the country’s first debt sale in the US currency since 2021. Most Read from Bloomberg It’s offering the three-year and five-year securities with initial price guidance of about 25 basis points and 30 basis points over the respective US Treasury yields, according to people familiar with the matter. The Ministry of Finance said earlier this month that it plans

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VW launches $5.8bn partnership with Tesla rival Rivian

Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the the deal is now worth $5.8bn (£4.55bn) – up from an initial pledge of $5bn by VW. Shares in the US electric vehicle (EV) maker jumped more than 9% in after-hours trading following the announcement. The tie-up will see the firms sharing

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My Little Pony, Transformers inducted into Toy Hall of Fame, alongside Phase 10

Detroit Historical Museum’s Toy Town exhibit is a trip down memory lane Detroit Historical Museum’s Toy Town exhibit is a trip down memory lane 03:00 My Little Pony finally made it to the winner’s circle. After years as an also-ran, the pastel-colored ponies were enshrined in the National Toy Hall of Fame on Tuesday, along with Transformers action figures and the Phase 10 card game. The honorees rose to the

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Tether’s USDT, Circle’s USDC Supply Grow $5B Since US Election as Investors Pile Into Crypto

One metric that underscores this behavior is the balance of Ethereum-based stablecoins on exchanges. The amount of stablecoins on exchanges declined steadily heading into the election as investors took a “wait-and-see approach”, Shuttleworth said. Then, following Nov. 5 election, stablecoin balances jumped to a yearly high of $41 billion from around $36 billion in early November, Nansen on-chain data shows, as investors deposited stablecoins pent-up demand for crypto assets Source

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Oil trims losses on tight near-term supply By Reuters

By Colleen Howe BEIJING (Reuters) – Oil prices edged up on Wednesday on signs of near-term supply tightness but remained near their lowest in two weeks a day after OPEC downgraded its forecast for global oil demand growth in 2024 and 2025. futures rose 13 cents or 0.18% to $72.02 a barrel by 0205 GMT, and U.S. West Texas Intermediate (WTI) crude futures gained 13 cents, or 0.19%, to $68.25.

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How Escape Hatches Can Boost Crypto’s Reputation

It didn’t matter much to the success of Ford. After all, people needed cars, and weren’t discouraged by safety factors. By contrast, those of us in blockchain today desperately need to convince people to use this technology, show its relevance for previously unimagined use cases, and reassure them it’s safe to do so. In other words, welcome to crypto — your Escape Hatches are located here, here, here and here.

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