Bitcoin approaches a significant milestone, cryptocurrency enthusiasts are buzzing with excitement. The price of Bitcoin has soared from approximately $65,000 to over $73,000 in just a week, putting it a mere 2% away from breaking its all-time high (ATH) of $73,750, set on March 14, 2024.
The price of the flagship cryptocurrency Bitcoin ($BTC) topped the $73,000 mark over this week and nearly hit its previous all-time high before enduring a significant correction, seemingly as institutional demand for BTC in custodial wallets has kept on rising.
Consolidation of the past six months gave the metrics, price action a chance to recuperate on the higher timeframes.
Tim Robinson, Head of Crypto Research at BlueYard Capital, has unveiled groundbreaking simulations indicating that Ethereum's implementation of “blobs” could be exceptionally bullish for the long-term price of ETH. In a series of posts on X, Robinson highlighted how blobs could revolutionize Ethereum's scalability and economic dynamics.
prominent financial expert Lyn Alden, founder of Lyn Alden Investment Strategy, has expressed a highly optimistic outlook for Bitcoin. According to her, several economic indicators suggest that Bitcoin could emerge as one of the most bullish assets in the coming year.
Bitcoin (BTC) is back in the headlines with a striking price surge above $73,000, ignite renewed optimism for a potential rally to $84,000. This recent price movement comes as BTC shakes off losses from the August 5 market drop, which briefly pushed the leading cryptocurrency below $50,000.
Solana is on a strong upward trajectory, and if the current pace continues, it could see its price approach $200 by mid-November. Strong market sentiment is reflected in the price action for SOL as growing investor interest pushes it closer to this expected level.
High-performance blockchain Solana (SOL) has garnered attention for significant inflows from other blockchains, with its total value locked (TVL) surging as a result of these inflows. An examination of the data, however, shows a more nuanced picture, with Ethereum (ETH) recovering 42% of Solana's inflows.
Microstrategy announced a $42 billion plan to accelerate bitcoin purchases, aiming to strengthen its reserves and position itself as a leader in digital asset investment. Aiming High: Microstrategy's $42 Billion Vision for Unmatched Bitcoin Reserves Software intelligence firm Microstrategy Inc.
Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ.
The assets dropped with U.S. equities on Thursday.
As the Nigerian Naira records its worst performance against the US dollar in weeks, bitcoin continues to rally toward ATH levels in Nigeria.
Technical analysis suggests the days of the Ethereum price consolidation might be over very soon. At the time of writing, Ethereum is trading with a 0.07% gain in the past 30 days, which reveals the current consolidation situation it finds itself under.
After a bearish start, Ethereum (ETH) has traded within a narrow range through October, facing resistance at $2,736 and finding support at $2,326.
CleanSpark, Inc. has completed its acquisition of GRIID Infrastructure Inc., boosting its Bitcoin mining capacity and expanding its operations in Tennessee.
The crypto community remains skeptical after a British businessman accused of fraud held a press conference today declaring that he is the pseudonymous creator of Bitcoin (BTC), Satoshi Nakamoto. The event was announced in a press release yesterday.
Will BTC hit a new ATH against USD like it did against the Euro?
Analysts at the top bank think traders are feeling uncertain about the market—and this could further benefit Bitcoin.
Investment asset management firm BlackRock has its Bitcoin ETF sidelining all of its rivals. With an inflow of $2.2 billion this past week, the ETF has successfully outranked 13,227 counterparts all over the world.
A Bitcoin wallet that has been inactive for an incredible 12 years has suddenly come to life, moving a significant amount of Bitcoin just as the market experiences a surge. This unexpected transaction, which amounts to millions of dollars, has piqued the interest of investors and analysts alike, raising questions about its implications for the future of Bitcoin and the broader cryptocurrency market.
Crypto enthusiasts and investors' confidence in a major rally for Ethereum, the second largest digital asset, has grown strongly following ETH's renewed price performance, triggered by a rising optimistic sentiment in the general cryptocurrency market.
MicroStrategy, renowned as the largest corporate holder of Bitcoin, has unveiled an ambitious initiative aimed at amassing $42 billion over the next three years to bolster its Bitcoin reserves.
BOB, short for “Build on Bitcoin,” is now part of the Superchain ecosystem, a network expanding with Optimism's OP Stack. As a hybrid layer-two (L2) solution, BOB taps into the strengths of both Bitcoin and Ethereum, merging Bitcoin's security with Ethereum's adaptable framework.
Like OpenSea, Uniswap, and other crypto firms, Immutable says it is the target of SEC scrutiny—describing the notice as an "overreach."
Former President Donald Trump marked the 16th anniversary of Bitcoin's (BTC) whitepaper with a pledge to end the “war on crypto,” presenting a stark alternative to current policy as he seeks support from crypto advocates ahead of the Nov. 5 election.
With Bitcoin approaching the $100,000 milestone, correlated altcoins are showing strong growth potential. Discover how these cryptocurrencies, driven by bullish momentum and innovative features, offer promising opportunities for investors in the evolving crypto market.
Donald Trump jumped into Bitcoin whitepaper's 16th anniversary with a direct message to Bitcoin supporters on X. He wrote: “I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi's White Paper.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Crypto World's MacKenzie Sigalos reports from Money 20/20 on the growing adoption of stablecoins, and Coinbase's Faryar Shirzad explains why the company is committing money to the 2026 midterms.
Toncoin (TON), the cryptocurrency associated with the Telegram ecosystem, is on a remarkable growth trajectory, with analysts predicting it could surpass Ethereum in user base by December 2024. This potential milestone highlights the rapid adoption and increasing popularity of Toncoin, fueled by significant user engagement and accumulation among larger investors, often referred to as “whales.
One analyst raised his price target from $245 to $300 per share on news of MicroStrategy's bold Bitcoin buying plans.
One analyst raised his price target from $245 to $300 per share on news of MicroStrategy's bold Bitcoin buying plans.
Discover why Bitcoin is surging as it nears an all-time high. Learn about key price targets, strong momentum, and what's driving Bitcoin's bullish trend today. The post Why is Bitcoin Up? Bitcoin Price Targets All-Time High with Strong Momentum appeared first on Cryptonews.
Is Reddit's decision to offload crypto holdings part of prudent planning, or is it just a misguided choice?
A widely followed cryptocurrency analyst and trader is leaning bullish on a top-10 altcoin by market cap. The analyst pseudonymously known as Sherpa tells his 229,600 followers on the social media platform X that Dogecoin (DOGE) is “still very strong looking” amid the flagship memecoin rising by around 60% from the October low.
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.
A widely followed crypto analyst says that Ethereum (ETH) is in the final stages of its decline against Bitcoin (BTC). In a new strategy session, crypto trader Benjamin Cowen tells his 819,000 YouTube subscribers that based on historical patterns, the top altcoin appears as if it's about to break out against the crypto king.
As Bitcoin (BTC), the largest cryptocurrency by market capitalization, celebrates its 16th anniversary, former President Donald Trump, now a Republican candidate for the upcoming US presidential election, has issued a message to the cryptocurrency community.
Tethers USDT hits record $120B in circulation as it grows Bitcoin and gold reserves. The post Tether increases Bitcoin and gold reserves in latest Q3 report appeared first on Crypto Briefing.
Former US President and 2024 Republican presidential candidate Donald Trump has celebrated the 16th Bitcoin whitepaper anniversary, promising to end what he called the “war on crypto.
The cryptocurrency market is buzzing with excitement as Bitcoin (BTC) recently soared above $71,000, marking a potential bull run for many digital assets. However, amid this optimistic landscape, Ripple's token, XRP, is facing some headwinds.
Why did Reddit sell most of its crypto holdings ahead of the latest crypto market rally? Let's explore Reddit's divestment and investment strategies in this article.
With just days until the United States presidential election, Bitcoin investors' bullishness continues — putting over $870 million more into BlackRock's spot BTC exchange-traded fund, the iShares Bitcoin Trust (IBIT). This marked the highest inflow day for IBIT since its debut in mid-January this year.
Michael Saylor's MicroStrategy tops Coinbase as the biggest crypto stock after revealing huge plan to buy more bitcoin (BTC).
As you may already know, late October 2008 was an extremely ugly time in the world of finance and money. Most famously, Lehman Brothers declared bankruptcy, and the global economy was teetering into recession.
"Don't even think of selling any of your Bitcoin," one investor advised.
The cryptocurrency market is experiencing a notable shift, with spot Bitcoin exchange-traded funds (ETFs) capturing substantial attention from investors this week. On Monday, these Bitcoin-focused funds registered an impressive $479.4 million in net inflows, signaling the highest daily investment levels since early October.
Ethereum (ETH) price has surged this week, signaling a robust bullish trend as it bounces from a crucial support level and nears significant resistance. ETH trades above $2,500, maintaining an upward momentum despite minor market corrections in recent hours.