Michael Cahill, CEO of Douro Labs, said: "It's only a matter of time before Bitcoin reaches $100,000. In my opinion, this could happen as early as the first quarter of 2025. We are seeing unprecedented momentum as the current macro environment is favorable for digital assets." In addition, Matt Klein, portfolio strategist at Nascent, predicts: "Bitcoin will reach $100,000 by Trump's inauguration at the latest. The only question is whether the Lummis Act is worth serious consideration. If the Lummis Act becomes law, there is no limit to the rise." According to Cahill, the post-election rally is not just FOMO, and the current price is not just retail-driven speculation like in 2017. "The market has finally recognized Bitcoin as a legitimate asset and a hedge against inflationary pressures. Now we see a structural shift in investors' views on Bitcoin. The foundation for six-digit prices has begun, and this rally has the potential to consolidate Bitcoin's position as the cornerstone of the global financial system." Bitwise CIO Matt Hougan said that Bitcoin could "easily" reach $10 by the end of the year. "Everyone is paying attention to new entrants buying Bitcoin. This is very real, but another reason for this rebound is that people have stopped selling. Long-term holders are no longer willing to sell Bitcoin at prices below $100,000, and short sellers don't want to fight the general trend." Chandra Duggirala, CEO of Tides.Network, said that the price of Bitcoin could easily reach $100,000 before Thanksgiving, but there are risks in the short term. "We haven't seen strong FOMO from wealth managers, and retail investors are just starting to pay attention. So, this trend is still in its early stages. We believe that once it exceeds $100,000, real FOMO will come." (The Block)

Casey, founder of Ordinals, posted on the X platform that ord 0.21.3 has been released, including the following major updates: 1. Users can add metadata when burning inscriptions. This is unstructured, human-readable metadata that is displayed on the page where the inscription is burned; 2. Add a new command "ord wallet split" to perform arbitrary asset splits; 3. Add a new command "ord wallet sign" to allow messages to be signed using addresses in the wallet.

Solana has continued to peck away at Ethereum, beating out the number two blockchain in key metrics along the way. source: https://decrypt.co/291374/solanas-value-stuck-in-fourth-gear-network-growth-races-ahead-of-ethereum

The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its price surge more than 140% over the past week to trade above the $0.4 mark amid a wider cryptocurrency market rally. The price rise, according to on-chain analytics firm Santiment, came with a growing number of users on the cryptocurrency’s network, with 74,885 new wallets holding less […] source: https://www.cryptoglobe.com/latest/2024/11/doge-sees-nearly-75000-new-wallets-in-one-week-fueling-140-price-surge/

According to Onchain Lens, in the past 14 hours, a newly created wallet hoarded 4,007.89 BTC from Binance, worth $353.41 million, at an average price of $88,178. Shortly afterwards, the whale transferred 3,991.59 BTC to a separate wallet, leaving 15.89 BTC (worth $1.41 million) in the main wallet.

Tech mogul Elon Musk invoked a six-year-old meme to highlight how pet squirrel ‘Peanut's' death changed the course of the 2024 U.S. elections, causing the price of the associated meme coin to jump 11%. What happened: In an X post on Tuesday night, Musk wrote, "The prophecy has been fulfilled," responding to an old Reddit post about squirrels. source: https://www.benzinga.com/markets/cryptocurrency/24/11/41927379/elon-musk-says-the-prophecy-has-been-fulfilled-peanut-the-squirrel-themed-meme-coin-spikes?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

X user @qklpjeth, who "mistakenly transferred 7,912 ezETH to the contract address" in June this year, said the experience was "extremely painful." After exhausting all traditional ways to recover the funds, he recently publicly offered a $2.5 million reward, hoping that someone could identify and exploit the smart contract vulnerability so that he could recover the funds. DefiLlama developer 0xngmi said that the best practice is to contact the Renzo protocol directly and ask them to modify the token contract. However, @qklpjeth said that he had contacted the Renzo team directly in order to recover the funds, but due to regulatory restrictions, the protocol could not provide assistance. (Cointelegraph)

The post Donald Trump Taps Elon Musk to Lead New U.S. ‘DOGE’ Department appeared first on Coinpedia Fintech News Dogecoin (DOGE), the leading meme coin, is making waves in the cryptocurrency realm as it has been soaring significantly following Donald Trump’s victory in the U.S. presidential election. Today, November 13, 2024, Trump announced that Elon Musk and Vivek Ramaswamy will lead a newly... source: https://coinpedia.org/news/donald-trump-taps-elon-musk-to-lead-new-u-s-doge-department/

As Bitcoin charges past $89,000 and the total crypto market cap surpasses $3 trillion, the Ripple community are expressing frustration over the token’s stagnant price. Bitcoin’s recent surge, climbing from $68,357 to $89,604 within a week. It has inspired gains across various altcoins, including Dogecoin, which has seen a 200% rise in the past seven days. […] The post Ripple Faces Backlash as... source: https://www.thecoinrepublic.com/2024/11/12/ripple-faces-backlash-as-xrp-price-lags-behind-in-crypto-rally/

Bitcoin’s run to new highs has been fueled by strong spot demand and institutional inflows. This article explores on-chain indicators, highlighting strong spot buying momentum, rising ETF AUM, futures premium, and the potential for continued gains during this ATH phase.

Lena Dunham has adapted the captivating narrative of the FTX founder, Sam Bankman-Fried, for the big screen. The film will be released by Apple and A24. Lena Dunham, a writer-director, is adapting the narrative of Sam Bankman-Fried’s rise and decline for the big screen in collaboration with Apple and production studio A24. Before his empire’s […] The post Sam Bankman-Fried’s Rise & Fall To... source: https://coinscreed.com/sam-bankman-fried-rise-fall-to-be-in-apple-film.html

Apple Studios and A24 are reportedly adapting Michael Lewis's book on Sam Bankman-Fried’s rise and fall, with Lena Dunham as screenwriter. As studios race to capture his scandal, the film highlights the intrigue and volatility of crypto. Will this be the ex-FTX CEO’s lasting legacy?

Golden Finance launches the 2507th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.

After making big money investing in cryptocurrencies, James Fickel has quietly become one of the world’s largest funders of longevity science and brain research.

‍Currently, spot BTC ETFs traded in the United States are equivalent to approximately 66% of the total assets managed by gold ETFs.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

If compared with the market value of other mainstream assets, the top price range of Bitcoin is between 110,000 and 220,000 US dollars.

Cryptocurrency, Web 3.0, Artificial Intelligence, Web3 + AI: Is it just hype or are we ready for Web4.0? Golden Finance, Welcome to the Dawn of Web4.0

Recommended readings tonight: 1. Shanzhai group dance: a list of crypto tokens that have risen more than BTC in 7 days; 2. What are the hot projects worth paying attention to in Sui ecology, which leads the rise of major public chains; 3. BTC aims at the $90,000 mark: who is pulling the price? Is $100,000 still far away? ;

Now that Trump is about to take office, the obstacle between the two sides is very likely to be removed.