Tag #Bitcoin

npr.org
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Bitcoin Surges Past $100,000 After Trump's Election

Bitcoin surpassed \$100,000 following Donald Trump's election victory and his promise to make the U.S. a crypto leader, fueled by the nomination of a pro-crypto SEC chair, despite its history of volatility and association with illegal activities.

Progress

40% Bias Score

Reduced Inequality
forbes.com
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Bitcoin Price Follows Power Law Due to Scarcity-Driven FOMO

A power law model precisely fits Bitcoin's price behavior since 2011, driven by the fear of missing out (FOMO) due to its fixed supply, creating a continuous influx of buyers and upward price trajectory.

Progress

48% Bias Score

Reduced Inequality
cbsnews.com
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Bitcoin Tops \$100,000, Fueling Gold vs. Bitcoin Investment Debate

Bitcoin's price hit \$100,000 this week, intensifying the debate between it and gold as stores of value; gold offers stability during uncertainty, while Bitcoin has high growth potential but significant volatility.

Progress

56% Bias Score

Reduced Inequality
abcnews.go.com
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Bitcoin Dips Below \$100,000 After Record High Fueled by Trump's Crypto Stance

Bitcoin's price fell below \$100,000 on Thursday, one day after hitting a record high, following a nearly 50% surge since Donald Trump's election, which is linked to his pro-cryptocurrency stance and plans for a national Bitcoin reserve.

Progress

44% Bias Score

Reduced Inequality
us.cnn.com
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Bitcoin Hits $100,000 on Trump's Crypto-Friendly Policy Shift

Bitcoin hit $100,000 for the first time on Wednesday following the announcement of President-elect Trump's SEC chair nominee, Paul Atkins, a crypto advocate, who is expected to regulate the industry with a lighter touch than the current administration. This milestone builds on a post-election rally ...

Progress

48% Bias Score

faz.net
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Trump's Crypto-Friendly SEC Nominee Spurs Bitcoin Surge

Following Donald Trump's win, the cryptocurrency market surged due to the anticipated appointment of pro-crypto SEC Chair Paul Atkins, replacing Gary Gensler. This shift is expected to lead to increased ETF approvals and potentially a US Bitcoin reserve, but concerns remain about the market's volati...

Progress

52% Bias Score

forbes.com
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Bitcoin Plummets After Reaching \$100,000 Amidst Wall Street Investment and Regulatory Uncertainty

Bitcoin's price plummeted after briefly surpassing \$100,000 this week, despite a 120% year-to-date surge fueled by Wall Street investment and a proposed U.S. bill to buy 1 million bitcoins to reduce national debt, with traders closely watching Elon Musk's actions.

Progress

52% Bias Score

Reduced Inequality
theglobeandmail.com
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Global Central Banks Respond to Economic Challenges as Bitcoin Hits $100,000

Central banks in Europe, Australia, and Brazil are adjusting interest rates in response to varied economic challenges; Bitcoin surpasses $100,000; and U.S. inflation data will influence the Federal Reserve's decision on further interest rate cuts.

Progress

44% Bias Score

Reduced Inequality
apnews.com
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El Salvador's Bitcoin Investment Reaches \$600 Million Amidst Volatility

El Salvador's bitcoin investment, initiated in 2021, is now worth over \$600 million due to bitcoin exceeding \$100,000, despite initial public opposition and limited citizen adoption.

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60% Bias Score

Reduced Inequality
apnews.com
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Bitcoin Surges Past \$100,000 as Wall Street Hits Record Highs Amidst Asian Market Volatility

Bitcoin hit \$100,000 for the first time, boosting Asian markets except South Korea's Kospi which fell amid President Yoon's impeachment efforts following a short-lived martial law declaration; Wall Street also hit record highs driven by AI optimism, while the U.S. awaits key jobs data and potential...

Progress

40% Bias Score

welt.de
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Bitcoin Price Surge Amidst Speculation of US Bitcoin Reserve and Increased Trading Accessibility

Following Gensler's departure, speculation mounts that the Trump administration might create a Bitcoin reserve, alongside MicroStrategy's continued investment and the recent introduction of Bitcoin options trading, driving up Bitcoin prices despite consumer warnings.

Progress

44% Bias Score

zeit.de
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Bitcoin Surpasses \$100,000 Amidst Anticipation of Trump's Crypto-Friendly Policies

Bitcoin hit a record high of \$103,253 on December 5th, 2024, fueled by investor optimism surrounding the incoming Trump administration's anticipated crypto-friendly policies, including the potential appointment of Paul Atkins as SEC chairman and the possibility of a US government Bitcoin reserve.

Progress

48% Bias Score