Tag #Bitcoin

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Bitcoin surpasses \$100,000: Scarcity and Trump's policies drive price surge

Bitcoin's price surpassed \$100,000, driven by both increasing demand fueled by President-elect Trump's pro-crypto stance and the cryptocurrency's inherent scarcity due to a limited supply of 21 million coins, of which only a fraction remains to be mined.

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36% Bias Score

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forbes.com
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Bitcoin Surpasses \$100,000 Amidst Growing Institutional and Government Adoption

Bitcoin surpassed \$100,000 for the first time, driven by growing global adoption, institutional investment, and potential government backing, as evidenced by El Salvador's profits and the incoming Trump administration's proposed Bitcoin reserve.

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52% Bias Score

Reduced Inequality
forbes.com
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Bitcoin's Resurgence: Trump's Endorsement Fuels Market Growth

Driven by former US President Trump's endorsement, Bitcoin's value has surged to nearly $100,000, with the total cryptocurrency market cap reaching $3.5 trillion, exceeding the UK's GDP, highlighting its significant global impact despite regulatory challenges.

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52% Bias Score

Reduced Inequality
cnbc.com
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Record Market Gains Raise Overvaluation Concerns

US stock markets, including the S&P 500 and Nasdaq, show record gains in 2024, while Bitcoin surpasses $100,000; however, high valuations and low investor fear raise concerns about market overvaluation and potential corrections.

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56% Bias Score

Reduced Inequality
forbes.com
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Bitcoin's \$100K Milestone Fuels Crypto Optimism Amidst Regulatory Uncertainty

Bitcoin surpasses \$100,000, XRP hits all-time highs amidst Trump transition, prompting optimism about 2025 crypto policy; however, U.S. financial market complexities necessitate cautious regulatory adjustments.

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44% Bias Score

Decent Work and Economic Growth
taz.de
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Bitcoin Surges Past \$100,000 Following Trump's Pro-Crypto Policies

Bitcoin's value exceeded \$100,000 USD on December 5th, 2024, driven by the US presidential election results and Donald Trump's pro-crypto appointments to key government positions, including Scott Bessent as US Treasury Secretary and Paul S. Atkins as head of the US Securities and Exchange Commissio...

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48% Bias Score

Reduced Inequality
cnbc.com
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Bitcoin ETFs Surpass \$100 Billion, Outpacing Satoshi Nakamoto

Bitcoin exchange-traded funds (ETFs) have collectively surpassed \$100 billion in assets under management, owning over 1.1 million bitcoins—more than even the estimated holdings of Satoshi Nakamoto—representing approximately 1% of all ETF assets and highlighting increased institutional interest in B...

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48% Bias Score

Reduced Inequality
cincodias.elpais.com
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Bitcoin Hits \$100,000 Amidst SEC Change and ETF Boom

Bitcoin hit \$100,000 for the first time, fueled by optimism surrounding the potential pro-crypto stance of incoming SEC chair Paul Atkins and increased institutional investment via Bitcoin ETFs, but future price movements remain uncertain.

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48% Bias Score

Reduced Inequality
cnbc.com
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Robinhood Upgrade: Barclays Raises Price Target to $49 on Strong Performance

Barclays upgraded online brokerage Robinhood to overweight, raising its price target to $49, driven by a 227% surge in its stock price this year, thanks to strong gains in Bitcoin and the S&P 500, and further revenue growth projections from new initiatives.

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40% Bias Score

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cnbc.com
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Trump Administration's Crypto Policy Aims to Make U.S. a Global Leader

Eric Trump forecasts the U.S. becoming the world's leading cryptocurrency power under his father's presidency, citing planned regulatory changes, Bitcoin's price exceeding \$100,000, and Elon Musk's influence in the new administration.

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68% Bias Score

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bbc.com
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Bitcoin Surges Past $100,000 on Trump Win and SEC Nominee

Bitcoin's price surpassed $100,000 following Donald Trump's presidential election win and the nomination of Paul Atkins to head the SEC, reflecting increased investor confidence driven by a more crypto-friendly regulatory environment and the approval of multiple Bitcoin spot ETFs.

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44% Bias Score

Reduced Inequality
cnbc.com
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U.S. Markets Pause After Record Week, Awaiting Key Jobs Report

U.S. markets saw a slight decline yesterday, with the S&P 500, Dow Jones, and Nasdaq falling slightly, while European markets continued to rise; the upcoming U.S. jobs report is expected to show substantial job growth in November, potentially indicating sustained economic strength.

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40% Bias Score

Decent Work and Economic Growth