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Quick Take The crypto industry suggested bitcoin’s price still has room to grow this cycle, commenting on it surpassing the $100,000 milestone for the first time. Analysts primarily attributed the move to expectations of a crypto-friendly regulatory environment in the U.S. under Donald Trump, targeting $200,000 by the end of 2025.
Quick Take Tether CEO Paolo Ardoino attributes USDT’s surge in market cap to heavy inflows into spot bitcoin ETFs and a Michael Saylor-led bitcoin buying spree. Ardoino spoke at The Block’s Emergence crypto conference in Prague.
Quick Take Project Spartacus’ free Ordinals mint of more than 70,000 Afghan War logs published by WikiLeaks will go live on Dec. 5. The effort isn’t being done to directly raise funds for WikiLeaks founder Julian Assange, but to commemorate his story as a part of Bitcoin history.
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MoreMichael Saylor: Strategy's STRC reaches a $24 billion annualized run rate, will buy 2 to 3 times the Bitcoin miners produce
The Chief Financial Officer of HP stated that, in the area of Personal Systems, the company's outlook is in line with industry experts' forecasts, expecting total PC market shipments to decline by a high double-digit percentage in the second half of this year.