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'Uptober' vibes finally arrive 🤑

'Uptober' vibes finally arrive 🤑

Bitcoin spiked above $66,000 on Monday for the first time in October. Is it up only from here?

Andrew Hayward
October 14, 2024

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📝 What you need to know

Is ‘Uptober’ finally here?

After an underwhelming start to the historically strong month for Bitcoin prices, we’re finally seeing some serious BTC gains. Bitcoin topped $65,000 for the first time in October early Monday—and then proceeded to keep rising to over $66,000.

What’s fueling the uptick? You could point to additional Chinese stimulus measures announced over the weekend, or perhaps Trump’s improving odds in election polls—which CoinShares said helped fuel Bitcoin ETF gains last week. Whatever the reason(s), it’s a nice shift from last week’s dip… and now shorts are getting rekt instead.

'Uptober' Hopes Return as Bitcoin Price Blasts Past $65,000

Bitcoin was down bad at the start of this month. Now it's trading for more than $66,000 per coin. Is "Uptober" finally here?

Kamala Harris Reveals Explicitly Pro-Crypto Stance in Bid to Win Over Black Men

Vice President Kamala Harris is now calling for a regulatory framework that would “protect” American crypto holders.

Bitcoin ETF Investment Jumps as Trump's Election Odds Improve: CoinShares

Improving polls for Donald Trump—the self-proclaimed crypto candidate—may be boosting Bitcoin ETF interest, CoinShares said.

British Man Demands He Be Allowed to Dig Through Trash to Find $500 Million in Bitcoin

As a last-ditch effort, James Howells is bringing his disagreement with Newport council over his lost Bitcoin fortune to court in Wales.

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💬 Quote of the Day

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“I have tried everything I can to avoid litigation by attempting to engage with Newport city council in every way possible over the years. It is a shame I have had to resort to it.”

James Howells, who is suing to dig up a landfill to find his $524M Bitcoin stash

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