Aurelia Butler

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Morehead’s prediction is grounded in several key factors that he believes might drive Bitcoin’s price to new highs. One of the key drivers is the changing regulatory landscape. Morehead notes that the 15-year regulatory headwinds that have previously hampered Bitcoin are now turning into tailwinds.”People totally thought we were crazy in 2013,” Morehead remarked in an interview, alluding to the founding of Pantera Capital Management’s Bitcoin fund more than 11 years ago. “There are still a lot of people very negative. And that’s why I’m so bullish. So many people are still negative. It’s far from being a bubble.”Pantera’s first Bitcoin fund is said to be the first to expose U.S. investors to the cryptocurrency. Bitcoin was worth $74 when the fund was first established in 2013. On Tuesday, it traded at about $92,000 after briefly approaching $100,000 at the end of last week. Bitcoin has increased by about 120% this year.Since that date, about $7 billion has poured into U.S. spot-Bitcoin exchange-traded funds, although demand lessened, resulting in a $438 million outflow on Monday.The largest cryptocurrency by market capitalization has dropped by 1.89% to $93,137, according to CoinMarketCap data.With Bitcoin consistently setting new records this month, long-term holders have started selling in the spot market in increasing sums. So far, sell pressure has been offset by inflows into Bitcoin ETFs and major purchases by MicroStrategy. MicroStrategy purchased a record $5.4 billion in Bitcoin on Monday, marking the third significant purchase by the crypto hedge fund proxy this month.This article was originally published on U.Today More

Bridging Web2 and Web3: Haliey Welch and overHere Unite Crypto and Meme CultureHaliey Welch, globally recognized as the face behind the viral “Hawk Tuah” meme, today announced on X (formerly Twitter) and on her Talk Tuah episode with Mark Cuban that she is going to have an official memecoin, $HAWK. In partnership with overHere (X: @overHere_gg)—a pioneering Web3 launchpad and platform—this groundbreaking initiative is poised to redefine meme coins and usher in a new class of consumer crypto.overHere x $HAWK AllowlistInterested fans can register for the allowlist on overHere to be eligible to claim their free $HAWK tokens. The allowlist campaign runs from November 26th to December 2nd. To secure a spot and receive free $HAWK tokens, users can sign up and complete tasks on Galxe as well. The $HAWK token will begin trading on Solana on December 4th at 5 PM EST.Embracing Her Meme LegacyAs a rising star and the personality behind one of 2024’s most popular memes, Haliey has fully embraced her meme status. She actively engages with her audience through social media, particularly on X at @halieywelchx, where she shares and creates memes, fostering a genuine connection with her fans.Understanding that many of her fans are new to cryptocurrency, Haliey is committed to making the onboarding process as accessible as possible. She plans to distribute free $HAWK tokens through allowlist campaigns to her supporters and members of meme and NFT communities.overHere is the first launchpad and platform that bridges the gap between Web2 and Web3 and is dedicated to empowering brands to create useful, accessible, community-driven projects. With a focus on user engagement and innovative tokenomics, overHere bridges the gap between mainstream and crypto audiences.Haliey’s foray into cryptocurrency was sparked by her experience at the Bitcoin Conference in Nashville earlier this year, where she built ties with various figures in the crypto industry. She also spoke at Korea Blockchain Week, connecting with many communities there.Joining the $HAWK MovementUsers are invited to join overHere & Haliey in this wild adventure, and in building a genuine, supportive community.Haliey Welch, known globally as the “Hawk Tuah Girl,” is a cultural icon and advocate for positive social change. Through her engaging content and popular presence on social media, she promotes values of friendship, community, and inclusivity. Haliey leverages her platform to make meaningful connections and invites her followers to join the $HAWK community.About overHereoverHere is the first launchpad and platform designed to bridge the gap between Web2 and Web3. We empower brands and communities to transition into crypto through sustainable, utility-driven token projects focused on real-world applications and meaningful use cases. By leveraging innovative tokenomics, community engagement strategies, and seamless onboarding experiences, OverHere connects mainstream culture with the crypto space—making cryptocurrencies more accessible and valuable. For more details, users can visit overHere.ContactFounderClinton SooverHereclinton@overhere.ggThis article was originally published on Chainwire More

Young Ju referenced Bitcoin’s 2021 historic bull run, which saw BTC soar from $17,000 to $64,000. He emphasized that several sharp corrections saw prices decline by as much as 30%. He noted that this remains a natural part of Bitcoin’s price movement, even during an upward trend.The CryptoQuant CEO clarifies that his update does not predict a looming price correction. Rather, it is a general observation of the Bitcoin market’s volatility. Notably, pullbacks occur naturally and can happen even when prices are rising.Young Ju refers to this as the “local bottom,” which could offer opportunities for those with long-term perspectives.Although Young Ju insists that Bitcoin is still in a bullish phase, as of this writing, BTC has lost 4.94% of its value in the last 24 hours and now trades at $93,743.31. Before rebounding, the coin dipped to $92,410 in earlier trading. Despite these fluctuations, trading volume has risen by 54.20% to $88.72 billion, indicating that some investors have not given up on the coin’s potential.Nevertheless, these fluctuations have triggered panic among other investors, who have started dumping to minimize potential losses should the price decline further. This article was originally published on U.Today More

Bitcoin proponent Saylor made a supportive comment, stating: “It’s never too late to buy Bitcoin.”The Coin Stories Bitcoin podcast host Natalie Brunell joined Michael Saylor, saying: “The ₿est is yet to come,” choosing the stylized “B” that signifies Bitcoin.As of Nov. 24, MicroStrategy holds 386,700 BTC in total. This amount of the largest cryptocurrency is valued at $21.9 billion in total. Before that, MicroStrategy raised $2.6 billion in convertible senior notes to buy more BTC. This was the second multi-billion Bitcoin purchase performed by Saylor’s company this year — on Nov. 8, MicroStrategy stunned the global crypto community and the market by performing a $4.6 billion Bitcoin purchase.Earlier this year, Saylor predicted that in ten years’ time, BTC will likely skyrocket to the $13,000,000 price level, reducing some of gold’s market capitalization.Analysts believe that Bitcoin is falling now since traders are locking in profits after BTC reached a new all-time high right near the $100,000 price mark.This article was originally published on U.Today More