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cryptowala · 3 months ago

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Bitcoin rallies past $81,000. What's driving the surge?

Bitcoin surged past $81,000 for the first time, hitting a record high on Monday with its market cap reaching $1.6 trillion.

Bitcoin soared to a new record high, crossing the $81,000 mark on Monday. This rally is fuelled by the potential of a favourable regulatory environment following Donald Trump’s recent election victory in the US. With this sharp rise, Bitcoin was trading at $81,119.61 as of 11 AM, giving it a market cap of $1.6 trillion.

Trump’s pro-crypto stance during his campaign has been a major driver of this surge. He promised to make the US the “crypto capital of the planet” and proposed policies such as building a national Bitcoin reserve and appointing regulators to support the industry. These promises have sparked optimism among investors, with expectations that his administration could introduce crypto-friendly regulations.

BITCOIN HITS NEW RECORD HIGH

Many in the market believe Trump’s plans for Bitcoin and other digital assets have set the stage for the recent surge. His win has increased hopes for a friendly environment for digital assets, which many investors see as a shield against inflation and traditional market swings.

Sumit Gupta, co-founder of CoinDCX, sees Bitcoin’s $81,000 milestone and $1.5 trillion market cap as a sign of renewed optimism.

"Bitcoin’s record-breaking surge is backed by strong fundamentals and signals from the recent US election that suggest pro-crypto policies may be on the horizon. This shows Bitcoin’s strength as a hedge against regular market ups and downs," he said.

Gupta also highlighted how growing interest from large institutions and the introduction of Bitcoin ETFs (exchange-traded funds) have played a key role in Bitcoin’s rise.

“With favourable regulatory support, we could see even more adoption from institutions, which may mark the end of the ‘crypto winter’ and strengthen the digital asset market further,” he added.

Gupta explained that the $100,000 mark is now the next big target for Bitcoin, which could be reached with continued institutional backing, expanding ETF markets, and supportive regulations.

"Bitcoin’s unique qualities like its scarcity, decentralisation, and increasing acceptance make it an appealing choice in a diversified portfolio," he noted.

www.indiatoday.in/business/story/bitcoin-surges-past-81000-record-high-reason-what-is-driving-the-surge-us-election-trump-2631448-2024-11-11

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Bitcoin hits a new all-time high above $109,000 ahead of Trump's inauguration, reflecting market optimism.

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February 3, 2025

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Bitcoin hits a new all-time high above $109,000 ahead of Trump's inauguration, reflecting market optimism. lnkd.in/dqMpTr2r Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Jay Hao Anil Vasu Ankur Garg Shipra Anand Mishra Muthuswamy Iyer Krunal Sheth #CIFDAQ #cifd #bitcoin #cryptotrading

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□ UNBELIEVABLE CRYPTO FACT! □

Crypto232

January 29, 2025

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In 2010, someone spent 10,000 Bitcoin Inc. on 2 pizzas. 🍕 Back then, it was worth $41. Today, that same Bitcoin is worth over $340 MILLION! 😱💸 $340 MILLION… for pizza! Imagine eating those slices now, thinking: 😭 "WHY DID I BUY?!" 😭 Moral of the story: Sometimes, what looks small today could buy you an empire tomorrow. 🏰 HODL those coins, folks! 🖐️✨ Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Krunal Nilesh Sheth Jay Hao Ankur Garg Muthuswamy Iyer Anil Vasu Shipra Anand Mishra #CIFDAQ #BLOCKCHAIN #BITCOIN #CRYPTOCURRENCY #CRYPTOTRADING

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cryptowala · 3 months ago

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Bitcoin hits a new all-time high above $109,000 ahead of Trump's inauguration, reflecting market optimism.

Bitcoin hits a new all-time high above $109,000 ahead of Trump's inauguration, reflecting market optimism. https://lnkd.in/dqMpTr2r Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Jay Hao Anil Vasu Ankur Garg Shipra Anand Mishra Muthuswamy Iyer Krunal Sheth #CIFDAQ #cifd #bitcoin #cryptotrading

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cryptowala · 3 months ago

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Crypto momentum builds! India is reviewing its regulations, creating new opportunities for investors and enthusiasts.

Crypto momentum builds! India is reviewing its regulations, creating new opportunities for investors and enthusiasts. https://lnkd.in/dznGe5ZA Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Jay Hao Anil Vasu Ankur Garg Shipra Anand Mishra Muthuswamy Iyer Krunal Sheth #CryptoIndia #CIFDAQ #CIFD #Crypto #Trading #India

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cryptowala · 3 months ago

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Is Blockchain the Answer to BookMyShow's Woes?

hat could've been a rare opportunity to see one of the most popular British boy bands in history has left a sour taste in the Indian market? Buying tickets for INR 2,500, selling for INR 300,000– this money-minting acumen has landed entertainment ticketing platform BookMyShow in troubled waters and left thousands of fans dejected and furious.

On September 22, the platform announced the sale of Coldplay's Music Of The Spheres' 2025 India leg priced between INR 3,500 and INR 35,000. Over 1.3 crore fans vied for a limited 1.5 lakh tickets to attend one of the three Mumbai shows due in January 2025. Fans complained of long waiting lists, site crashes and alleged foul play since resellers began selling tickets before they were released on the official site.

"I have just been crying. All those people hoarding the tickets just to resell them for more money. Bhagwan maaf nahi karega (crying emojis)," one angry fan wrote.

Soumya Bhatt shared on X that one agent claimed to have 300 tickets. Notably, BookMyShow has allowed for four tickets per user for the event. Many fell prey to fraudulent ticket schemes with one report suggesting the reselling ticket being priced at INR 900,000.

As matters are investigated and discussed, the company is considering canceling tickets that are being sold under the table.

According to the World Economic Forum, the live events industry annually suffers a loss of over USD one billion due to ticket fraud. Allied Market Research notes that the global music event market size is estimated to touch USD 481.4 billion by 2031 from USD 255.6 billion in 2019.

Coldplay is just the beginning, not the end. Lists of upcoming concerts/performances/festivals in India include those of Dua Lipa, Diljit Dosanjh, Bryan Adams, Alan Walker, and Cigarettes After Sex.

Previously, fans complained having a similair reselling experience when buying tickets for Dosanjh's upcoming concerts on Zomato Live.

So, the question arises, can anything be done to prevent another episode of ticket scalping? Blockchain, combined with NFTs and user Verified Identity, could be the key to eliminating the risks of counterfeiting and fraud in the entertainment industry. According to Saurabh Gupta, co-founder and CEO, VeriSmart AI, blockchain can help "create a decentralised, tamper-proof ledger where each ticket appears as unique and verifiable digital assets."

"Fans can purchase tickets with confidence, knowing that they are authentic and traceable back to the original sale," shares Rahul Maradiya, co-founder and global CEO, CIFDAQ.

With the capping of bulk black ticketing or hoarding of tickets, platforms could still allow ticket resale or ownership transfer. This could be done by updating the verified identity credentials linked to the tickets directly on the same platform. "Through smart contracts, event organizers can enforce resale limits, capping ticket prices to prevent scalping," shares Edul Patel, CEO, Mudrex.

According to AWS, blockchain and its complementary technologies could enable access to events at a lower and more transparent cost by optimizing the resale process, promoting collaborative competition among sellers, and providing a more holistic experience for the consumer.

Blockchain adoption has seen a smoother and fairer process in several events. For Patel, using a 'blockchain-based ticketing system is not a new concept.' But is the technology capable enough to handle the scale? "Multiple events of different scales and sizes like UEFA Euro 2020, India VS Pakistan T20 World Cup and many more events such as music festivals, tournaments and others that have used blockchain technology for ticketing," shares Patel.

"Insights from these implementations reveal that blockchain's decentralized nature significantly reduces the risks associated with traditional ticketing systems, where a single point of failure can lead to vulnerabilities. Furthermore, the transparency provided by blockchain allows both organizers and attendees to verify ticket authenticity in real-time, fostering a more secure environment for everyone involved," shares Maradiya.

Furthermore, Layer 2 solutions, Decentralized Applications (dApps), Load Balancing Techniques, and Dynamic Scalability can help cope with high transaction volumes.

According to industry players, while blockchain may lead to an initial increase in upfront costs for technology, development, and maintenance, it can be offset in the long run. "Over time, the efficiency, transparency, and enhanced fan engagement offered by blockchain can outweigh the initial costs, making it a cost-effective solution for both companies and consumers in the long run, " shares Patel.

According to Allied Market Research, the global live events industry market is projected to reach USD 1.2 trillion by 2032, growing at a CAGR of 5.9 per cent from 2023 to 2032. "Tickets can be resold safely without scalpers or bots inflating their prices. The technology is scalable enough to handle massive events like the Coldplay concert, ensuring that ticketing is reliable and efficient. Up to millions of tickets would be processed without complications," notes Gupta.

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Shiba Inu’s Ascent: Decoding the Recent Price Surge with CIFDAQ Chairman

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January 31, 2025

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Shiba Inu, the meme coin that once seemed content to play in the shadows of Dogecoin, is experiencing a moment in the sun. A recent price surge has propelled SHIB into the spotlight, leaving many wondering if this playful pup has finally grown into a formidable force in the crypto market. To understand the factors driving this remarkable ascent, The Shib turned to Himanshu Maradiya, Founder and Chairman of CIFDAQ Blockchain Ecosystem India Ltd., a seasoned business leader and blockchain visionary with a deep understanding of the forces shaping the digital asset landscape.

The Shib: What are the underlying factors driving Shiba Inu’s recent price surge?

Maradiya: “Shiba Inu (SHIB) has recently become the center of attention in the cryptocurrency market, outpacing major coins like Bitcoin (BTC) and Ethereum (ETH) in both weekly gains and social media buzz. Several factors have contributed to SHIB’s price surge, ranging from ecosystem growth to market sentiment and speculative interest. Shiba Inu’s recent price surge is the result of a perfect storm of factors, including aggressive token burns, ecosystem expansion through Shibarium, and heightened speculative interest in the meme coin market. Market sentiment, amplified by FOMO, has played a significant role in fueling this rally, while institutional attention from reports like Grayscale’s has lent additional credibility to SHIB.”

The Shib: Based on technical analysis, what indicators or patterns suggest the sustainability of Shiba Inu’s recent price increase?

Maradiya: “Shiba Inu’s recent price surge shows promising signs of sustainability through bullish technical indicators, but potential resistance levels at $0.0000200 and $0.0000240 could limit gains. While short-term corrections are likely due to overbought conditions, the continued growth of the Shiba Inu ecosystem and strong market sentiment could support gradual upward momentum. However, long-term investors should remain cautious, as SHIB’s high volatility and speculative nature make it vulnerable to sharp corrections.”

The Shib: How do you assess Shiba Inu’s long-term prospects in the competitive cryptocurrency market?

Maradiya: “While Shiba Inu has potential for growth, its ability to establish a sustainable value proposition will depend on community support, utility development, regulatory adaptation, and competitive differentiation in a rapidly changing cryptocurrency landscape. Investors should approach with caution and conduct thorough research before committing to this high-risk asset… with the possibility of reaching an average price of $0.0001079892 by 2027.”

The Shib: How has the Shiba Inu community’s role evolved during this recent surge?

Maradiya: “The Shiba Inu community has played a pivotal role in the cryptocurrency’s narrative, particularly during recent price surges. The evolution of the Shiba Inu community has been integral to its recent price appreciation. Through grassroots campaigns, the development of Shibarium, and proactive engagement in building a strong brand identity, the community has transformed SHIB from a meme coin into a serious contender in the cryptocurrency market.”

The Shib: How might changing regulatory landscapes, both domestically and internationally, affect Shiba Inu’s future growth? Are there any emerging competitors or trends that could challenge Shiba Inu’s market position?

Maradiya: “The cryptocurrency landscape is highly dynamic, and regulatory developments, along with emerging competitors and trends, can significantly influence the future of tokens like Shiba Inu (SHIB) These factors together create a complex but manageable environment for Shiba Inu as it looks to solidify its place in the cryptocurrency market.”

About The Expert

Himanshu Maradiya is an accomplished business leader, blockchain visionary, and entrepreneur with over 25 years of holistic industry experience. He has worked with leading organizations in various domains, including real estate, international finance, and investment. His rich experience across industries gives him a sharp understanding of the macroeconomic environment and the ability to make sound business decisions quickly. Maradiya is a true visionary in the field of trading, having worked diligently in multiple verticals, including Forex, commodities, international stocks, and cryptocurrencies. In his quest to innovate and disrupt the traditional trading industry, Maradiya founded CIFDAQ – The Evolution of Innovative Blockchain Ecosystem, the first of its kind to host major trading verticals across the globe.

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Stay with us for fascinating tidbits and ideas that will keep your mind sharp and your perspective wide!

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January 31, 2025

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Stay with us for fascinating tidbits and ideas that will keep your mind sharp and your perspective wide! Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Jay Hao Krunal Sheth Anil Vasu Ankur Garg Muthuswamy Iyer Shipra Anand Mishra #CIFDAQ #NFT #CIFD #BlockchainEcosystem #CryptoTrading #Web3Community

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cryptowala · 3 months ago

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Shiba Inu’s Ascent: Decoding the Recent Price Surge with CIFDAQ Chairman

The Shib: What are the underlying factors driving Shiba Inu’s recent price surge?

The Shib: Based on technical analysis, what indicators or patterns suggest the sustainability of Shiba Inu’s recent price increase?

The Shib: How do you assess Shiba Inu’s long-term prospects in the competitive cryptocurrency market?

The Shib: How has the Shiba Inu community’s role evolved during this recent surge?

About The Expert

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Stablecoins: Bridging Crypto and the Real World □□

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January 31, 2025

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Stablecoins: Bridging Crypto and the Real World 🌐💳 From cross-border remittances to secure digital payments, stablecoins are transforming how we transact. Stay stable, go global! 🚀 Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Jay Hao Krunal Sheth Anil Vasu Ankur Garg Muthuswamy Iyer Shipra Anand Mishra #CryptoPayments #Stablecoin #CIFDAQ #CryptoTrading #Blockchain #Web3Community

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January 31, 2025

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www.linkedin.com/posts/cifdaq_cifdaq-nft-cifd-activity-7290692781126086656-rzLu

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cryptowala · 3 months ago

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Stablecoins: Bridging Crypto and the Real World 🌐💳

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cryptowala · 3 months ago

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🚀 Immutable X (IMX): Scaling NFTs & Game Economies 🎮

🚀 Immutable X (IMX): Scaling NFTs & Game Economies 🎮 🛠 Built for Web3 Gaming: Immutable X leverages Ethereum's Layer-2 ZK Rollups for gas-free, eco-friendly NFT trading & minting. 📈 Phase Progress: From "Deus" to "Metaverse" (complete), Phase 5 ("Utopia") aims to blend NFTs with physical assets. 📊 Market Sentiment: Predominantly bearish, but long-term potential remains strong due to tech innovation & partnerships. 💡 Chart Insights: Support: $1.051 Resistance: $1.663 All-Time High: $3.75 📉 Trend: Lower highs & lows, consolidating near key support. 🚨 Volatility ahead. IMX embodies the promise of scalable blockchain gaming but faces challenges. Will it break out or continue the downtrend? Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Krunal Sheth Jay Hao Anil Vasu Ankur Garg Muthuswamy Iyer Shipra Anand Mishra #CIFDAQ #ImmutableX #BlockchainGaming #NFTs #CryptoTrading

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cryptowala · 3 months ago

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Stay with us for fascinating tidbits and ideas that will keep your mind sharp and your perspective wide!

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cryptowala · 3 months ago

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CIFDAQ Introduces Innovative Blockchain Ecosystem in India

In an increasingly digital world, the role of blockchain technology cannot be understated. The decentralized, transparent, and immutable nature of blockchain has found applications in numerous fields, from finance to healthcare. However, as with any technology, blockchains have their limitations, especially when dealing with scalability and transaction throughput. Enter CIFDAQ, an innovative blockchain ecosystem that’s melding artificial intelligence (AI) with blockchain to revolutionize the space. In this article, we’ll explore CIFDAQ’s unique advantages, primarily its AI-powered features that range from swift transaction speeds to predictive market analysis.

Visit us for more details: linktr.ee/cifdaq

1. Blazing Fast Transaction Speeds

Traditional blockchains have often been criticized for their inability to handle large transaction volumes, which can lead to bottlenecks and slow processing times. CIFDAQ, with its AI-enhanced layer 1 blockchain, addresses this pain point head-on. The integration of AI algorithms optimizes the verification process, enabling CIFDAQ to handle a higher transaction throughput than its contemporaries. For users, this translates to faster, more efficient transactions without the dreaded wait times.

2. Smart Predictive Analysis

Predictive analytics is a game-changer in any industry, and the crypto world is no exception. CIFDAQ harnesses the power of AI to sift through vast amounts of blockchain data, identify patterns, and make accurate market predictions. Such predictive capabilities can give traders and investors a competitive edge by providing actionable insights about potential market movements, thus allowing for more informed decision-making.

3. Enhanced Security Protocols

AI doesn’t just boost CIFDAQ’s speed; it amplifies its security as well. By continuously monitoring transaction patterns, the AI systems can instantly detect any anomalies or potential security threats. This proactive approach ensures that any unusual activities are flagged and addressed in real-time, fortifying CIFDAQ against potential breaches.

4. Dynamic Fee Adjustments

One of the challenges in the crypto space is the fluctuating transaction fees. CIFDAQ’s AI algorithms continuously analyze network activity to adjust fees dynamically. This ensures that users are always charged a fair fee, proportional to the network’s current demand and activity.

5. Adaptive Scalability Solutions

The crypto world is continuously evolving, and any platform needs to adapt to changing demands. CIFDAQ’s AI-driven approach allows it to be incredibly flexible. Whether there’s a sudden surge in user activity or a new digital asset gaining traction, CIFDAQ can scale its resources accordingly to ensure uninterrupted, efficient service.

6. Future-Proofing the Ecosystem

The blend of AI and blockchain means that CIFDAQ isn’t just solving today’s problems — it’s preparing for tomorrow’s challenges. As AI technology advances, its integration within the CIFDAQ ecosystem will only become more refined, leading to even more enhanced features, better security, and unparalleled user experience.

CIFDAQ’s approach to blending artificial intelligence with blockchain technology is an exciting leap forward for the crypto world. From transaction speeds to predictive analysis, the advantages of an AI-powered ecosystem are evident. As CIFDAQ continues to evolve and refine its platform, it’s set to remain at the forefront of the next generation of blockchain innovation, offering users a secure, efficient, and forward-thinking environment for all their crypto needs.

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Bitcoin and the Cryptocurrency Market: Trends and Forecasts

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January 30, 2025

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changes and technological advancements, are shaping the future of the market. Experts predict significant growth and that Bitcoin may once again reach its all-time high.

Bitcoin and Cryptocurrency Market Trends in 2023

Bitcoin went through a turbulent phase in 2023, losing almost 65% of its market cap. The downturn was largely due to a series of unforeseen events, including the dramatic collapse of Terra Luna and the FTX exchange.

Of course, macroeconomic pressures and legal troubles of large exchanges like Binance were not without their impact. However, the cryptocurrency market showed resilience, and the price of Bitcoin saw promising growth in 2024.

Bitcoin and Cryptocurrency Market Trends in 2024

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Therapeutic properties of tarragon; from strengthening the immune system to improving digestion + how to prepare

How to make Tabrizi meatballs with aromatic vegetables

The year 2024 started with significant momentum for Bitcoin and the cryptocurrency market, generating a lot of excitement among crypto supporters. But a significant rebound occurred when Bitcoin surpassed its previous record high of $69,170 on March 8, 2024, reaching $70,083.

Just a few days later, on March 14, BTC broke through this peak again, this time to $73,750. This increase increased its market cap to $1.44 trillion and helped the total cryptocurrency market cap reach $2.77 trillion.

Bitcoin’s recovery journey has had its ups and downs. After falling below the psychological threshold of $31,000, Bitcoin entered a bearish phase and often traded below $30,000 for most of last year. However, it recovered significantly in late spring, gaining 89.74% year-to-date. As of July 28, 2024, Bitcoin is trading at $68,000, bringing its global market cap to $2.53 trillion.

Bitcoin trend forecast in 2025

Bitcoin enthusiasts and the cryptocurrency market often make overly optimistic and sometimes unrealistic predictions about the future of their beloved currency, with some analysts predicting that the price of Bitcoin will reach $1,000,000 by 2025.

“The idea of Bitcoin reaching $1,000,000 by 2025 may seem very ambitious,” says Himanshu Maradia, founder and head of blockchain ecosystem CIFDAQ. “But several factors could make this scenario possible. The growing adoption of Bitcoin, the approval of Bitcoin ETFs in various countries, the weakening of traditional fiat currencies due to hyperinflation, and the increasing profitability for Bitcoin miners are all important drivers.”

Also, Standard Chartered Bank's recent revision and prediction of Bitcoin's price reaching $120,000 by the end of 2024 indicates increased confidence in BTC's potential.

As more investors and institutions look to Bitcoin as a hedge against inflation, the prospect of it reaching unprecedented heights is increasingly growing. If sovereign funds start investing in Bitcoin or its ETFs, the price of the currency could rise rapidly.

Conclusion

Since Bitcoin is a decentralized currency with a limited supply, its accumulation by large investors, or “Bitcoin whales,” can affect its price trend. Data shows that these investors are actively increasing their holdings, indicating a potential upward movement ahead for Bitcoin and the cryptocurrency market

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If you know, you know. 😉💎 Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Krunal Sheth Jay Hao Anil Vasu Ankur Garg Muthuswamy Iyer Shipra Anand Mishra #CIFDAQ #CIFD #BlockchainEcosystem #CryptoTrading #Web3Community

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cryptowala · 3 months ago

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CIFDAQ's AI-Powered Edge: Boosting Transaction Speeds and Predictive Analysis

Visit us for more details: linktr.ee/cifdaq

1. Blazing Fast Transaction Speeds

2. Smart Predictive Analysis

3. Enhanced Security Protocols

4. Dynamic Fee Adjustments

5. Adaptive Scalability Solutions

6. Future-Proofing the Ecosystem

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Bitcoin and the Cryptocurrency Market: Trends and Forecasts

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January 30, 2025

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changes and technological advancements, are shaping the future of the market. Experts predict significant growth and that Bitcoin may once again reach its all-time high.

Bitcoin and Cryptocurrency Market Trends in 2023

Bitcoin and Cryptocurrency Market Trends in 2024

Be sure to read:

Therapeutic properties of tarragon; from strengthening the immune system to improving digestion + how to prepare

How to make Tabrizi meatballs with aromatic vegetables

Bitcoin trend forecast in 2025

Also, Standard Chartered Bank's recent revision and prediction of Bitcoin's price reaching $120,000 by the end of 2024 indicates increased confidence in BTC's potential.

Conclusion

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January 30, 2025

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#cifdaq #crypto #blockchain

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cryptowala · 3 months ago

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Bitcoin and the Cryptocurrency Market: Trends and Forecasts

changes and technological advancements, are shaping the future of the market. Experts predict significant growth and that Bitcoin may once again reach its all-time high.

Bitcoin and Cryptocurrency Market Trends in 2023

Bitcoin and Cryptocurrency Market Trends in 2024

Be sure to read:

Therapeutic properties of tarragon; from strengthening the immune system to improving digestion + how to prepare

How to make Tabrizi meatballs with aromatic vegetables

Bitcoin trend forecast in 2025

Also, Standard Chartered Bank's recent revision and prediction of Bitcoin's price reaching $120,000 by the end of 2024 indicates increased confidence in BTC's potential.

Conclusion

Cifdaq.com

We’re thrilled to see CIFDAQ featured on CoinMarketCap's Community! □

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January 30, 2025

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We’re thrilled to see CIFDAQ featured on CoinMarketCap's Community! 🚀 This recognition showcases our commitment to contributing valuable insights and thought leadership in the ever-evolving crypto industry. 👉 Check out the article to see how CIFDAQ is staying ahead in driving innovation and collaboration in digital finance. A big thank you to everyone supporting us on this exciting journey! 🙌 lnkd.in/dXygcW7q Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Jay Hao Anil Vasu Ankur Garg Shipra Anand Mishra Muthuswamy Iyer Krunal Sheth #CryptoInnovation #BlockchainTechnology #CIFDAQ #CoinMarketCap #CryptoCommunity #DigitalFinance #CryptoEcosystem #Web3Journey

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If you know, you know. □□

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January 30, 2025

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cryptowala · 3 months ago

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We’re thrilled to see CIFDAQ featured on CoinMarketCap's Community! 🚀

We’re thrilled to see CIFDAQ featured on CoinMarketCap's Community! 🚀 This recognition showcases our commitment to contributing valuable insights and thought leadership in the ever-evolving crypto industry. 👉 Check out the article to see how CIFDAQ is staying ahead in driving innovation and collaboration in digital finance. A big thank you to everyone supporting us on this exciting journey! 🙌 https://lnkd.in/dXygcW7q Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Jay Hao Anil Vasu Ankur Garg Shipra Anand Mishra Muthuswamy Iyer Krunal Sheth #CryptoInnovation #BlockchainTechnology #CIFDAQ #CoinMarketCap #CryptoCommunity #DigitalFinance #CryptoEcosystem #Web3Journey

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cryptowala · 3 months ago

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Bitcoin crosses $100,000 as institutional investments and pro-crypto policies drive its unprecedented rise.

Bitcoin crosses $100,000 as institutional investments and pro-crypto policies drive its unprecedented rise. https://lnkd.in/d5x3Xd2h Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Jay Hao Anil Vasu Ankur Garg Shipra Anand Mishra Muthuswamy Iyer Krunal Sheth #Bitcoin #Crypto #CryptoTrends

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cryptowala · 3 months ago

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If you know, you know. 😉💎

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cryptowala · 3 months ago

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Shiba Inu 2024: Explosive growth potential and divided opinions

Shiba Inu: Mixed Projections for 2024 and Growth Potential

Himanshu Maradiya, President of the CIFDAQ Blockchain Ecosystem, has expressed his optimism regarding the future of Shiba Inu (SHIB), predicting that the cryptocurrency could reach a value of 0.0001 by 2024. This forecast would represent an impressive increase of 696% compared to its current price of 0.00001368.

Maradiya highlights that Shiba Inu could offer even higher returns next year. According to his estimates, SHIB enthusiasts could see a maximum value of 0.0003, achievable towards the end of this year or at the latest in 2025. This optimism is based on the possible recovery of the market and the growing interest in this meme cryptocurrency.

Over the past few days, Shiba Inu has been performing somewhat modestly as it goes through a recovery phase after a recent drop. Despite this, the price of SHIB is up 2.49% over the past 24 hours. Since its low of 0.00001087 last Monday, SHIB has rallied by almost 30%, driven by a general recovery in the cryptocurrency market that also affected Bitcoin and Ethereum.

Technical Signals Point to Bullish Potential

Shiba Inu has started to approach its moving averages, indicating that the bulls are attempting to regain ground. According to TradingView data, if the SHIB/USDT pair manages to break out and close above these moving averages, it could open up the possibility of a rally towards the 0.000020 level. Such a move would signal that the market has rejected the lower levels, showing a possible bullish reversal.

However, if SHIB fails to maintain this momentum and turns sharply lower, this could indicate that sentiment remains negative and traders are taking advantage of rallies to sell. In this scenario, the bears could try to push the price back to 0.000010.

Pessimistic Outlook for Shiba Inu

Despite these bullish signs, not all analysts share the optimism. Utkarsh Tiwari, executive at the KoinBX exchange platform, was interviewed by Forbes and showed a more cautious view on Shiba Inu’s performance for the rest of 2024. Tiwari suggested that while widespread bullish sentiment could push SHIB to $0.000066 by the end of this year, bearish pressure could push the cryptocurrency back across the five-zero threshold.

For its part, the prediction platform Telegaon agrees with this moderate sentiment. Its analysts believe that the maximum that SHIB could reach in 2024 would be 0.0000601. In March of this year, Shiba Inu was close to this value, reaching 0.000045, but since then its price has fallen by 32%.

On a similar note, analysts at Changelly Exchange do not expect Shiba Inu to surpass 0.0000187 this year, pointing to limitations in its near-term growth.

The outlook for Shiba Inu in 2024 presents a mixed picture, with some optimistic predictions suggesting significant growth and others anticipating more limited development. The volatility of the cryptocurrency market and the varied opinions of experts underline the importance of investors carefully assessing risks and opportunities before making decisions.

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