COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

Imagine turning a small investment into a substantial fortune. With strategic choices, a mere $500 could grow into an impressive $100,000. Discover five cryptocurrencies that have the potential to be powerful wealth builders. Delve into how these digital assets might transform a modest sum into significant gains. Catzilla Wrecks Chaos: The Meme Coin for Warriors…

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Bitcoin Price Could Skyrocket to $500K as Governments Eye Strategic Reserves

Bitcoin’s price could hit $500,000 if governments start taking the cryptocurrency seriously and consider it a part of their strategy reserves. Escalating demand from exchange-traded funds (ETFs), corporations, and institutional buyers is expected to outstrip Bitcoin’s own limited supply, which should see prices shoot through the roof. During a recent interview with Yahoo Finance, Bitwise…

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President Trump’s SEC launches a crypto task force and TRUMP meme coin surges in reaction

‘Crypto president’ Donald Trump’s new and improved Securities and Exchange Commission (SEC) has announced today the creation of a crypto task force to tackle the industry’s regulations. Per the official statement from SEC Acting Chairman Mark T. Uyeda, this task force will be led by Commissioner Hester Peirce, and it will develop “clear rules for…

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Is a Breakout or Correction Looming?

Bitcoin consolidates between $104K and $93K, with a breakout or correction expected depending on key levels. Support at $93.6K could trigger continued bullish momentum; a break below signals a potential downside. The Ichimoku Cloud shows strong bullish signs, but Bitcoin’s next move hinges on breaking resistance or holding support. Bitcoin consolidates inside a certain range…

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Analyst predicts 120% growth for this new crypto, outpacing ETH, XRP

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI, raising $10.4 million in presale, is poised for 120% growth, emerging as a promising blockchain investment. While Ethereum (ETH) and Ripple (XRP) continue to dominate headlines with their established ecosystems, analysts are…

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Crypto Weekly Roundup: IRS Delays Crypto Tax Reporting, Do Kwon Pleads Not Guilty, & More

The past week in crypto saw significant developments, including the IRS delaying new crypto tax reporting rules until the end of 2024, providing centralized exchanges more time to comply. Meanwhile, Do Kwon, facing legal challenges over the TerraUSD collapse, pleaded not guilty to charges and awaits extradition to the US after Montenegro denied South Korea’s…

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