$120K by Xmas: Why another bitcoin run could be in the cards

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Need some holiday cheer this Monday morning? Don’t worry, I’ve got you: Bitcoin at $120,000 could be a thing by Christmas. 

Or so Steven McClurg, Canary Capital CEO, thinks. 

“There’s a lot of appetite” for bitcoin and bitcoin ETFs, which could fuel the run, he added. 

I’m not going to sugarcoat it. That type of run looks tough right now. Over the weekend, bitcoin mostly sat below six figures, unable to take — and hold — $100k.

But McClurg told me all of the work he’s done has led him to believe that a rally could happen. And even if $120,000 remains elusive into the…

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Decentralization Takes Center Stage: 1iO CEO Stresses The Need For User Control In Digital Assets

At the Benzinga Future of Digital Assets conference, experts examined the evolving digital space, focusing on how Web3 technologies could transform data ownership and decentralization.

Leaders in the field shared their thoughts on overcoming technical and regulatory hurdles while building systems that empower users and reduce dependence on centralized models.

A Call for Data Ownership

Markus Kuhnert, CEO of 1iO, stressed that Web3’s primary goal is to give users control over their data. “Web3 is all about cutting out the middleman economy… it’s about ownership, owning the data, owning the infrastructure,” he explained. According to Kuhnert, decentralization allows individuals…

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