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Bitcoin nears major breakout as price gains catch US equities
Bitcoin nears major breakout as price gains catch US equities

Share link:In this post: Bitcoin is nearing a major breakout as price momentum gains strength, according to Caleb Franzen’s analysis using the 120-day Williams%R Oscillator. Bitcoin’s price is up 61.6% year-to-date, significantly outperforming the Nasdaq-100, and it’s now catching up with the broader stock market rally. MicroStrategy, heavily invested in Bitcoin, has seen its stock rise 241.76% year-to-date, benefiting from Bitcoin’s gains and rising market momentum.

Cryptopolitan·2024/10/21 00:39
Flash
  • 03:04
    RootData: CYBER will unlock tokens worth approximately 1.1778 million US dollars in a week
    ChainCatcher News, according to the token unlocking data from Web3 asset data platform RootData, Cyber (CYBER) will unlock approximately 736,100 tokens at 0:00 on February 15 Singapore time, valued at approximately $1.1778 million.
  • 03:02
    Solayer has opened airdrop eligibility inquiry
    Odaily Planet Daily reports that the Solayer Foundation officially announced on X, the airdrop eligibility inquiry is now open. In previous news, Solayer announced LAYER token economics: a total of 1 billion tokens, with 12% used for Genesis Drop.
  • 03:00
    Rapper Kanye West: Someone proposed to give me 2 million dollars to launch the RUG disk Meme coin, but I have rejected their request
    PANews reported on February 8th, according to The Block, that American rapper Kanye West expressed on social media his desire to discuss "cryptocurrency-related matters" with Coinbase CEO Brian Armstrong. Prior to this, he revealed that he had received a proposal of $2 million asking him to issue tokens, but he rejected the proposal and stopped cooperating with the proposer. According to chat screenshots released by Kanye, the collaboration required Kanye to promote a RUG plate Meme coin. He would be prepaid $750k and could announce his account was hacked 8 hours after posting. After another 16 hours, an additional payment of $1.25 million would be made. The mastermind behind this claimed that the collaboration could profit tens of millions of dollars.
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