On November 2, 2024, the cryptocurrency market experienced notable price declines across assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Amid the downturn, some appear to be selling off, while others are accumulating.

It's been 16 years since Bitcoin's whitepaper, and its impact has been beyond quantifiable.

JD Vance, Donald Trumps vice presidential pick, is making waves with his significant Bitcoin holdings, which underscore his pro-crypto stance. Known for his support of digital assets in the Senate, Vances investment highlights the potential for a more crypto-friendly administration.

Bitcoin price has seen many cycles over the years, marked by distinct growth phases, peaks, and corrections. To better understand these cycles, a CryptoQuant analyst, using the pseudonym ‘datascope,' has highlighted the relevance of the UTXO Block Profit/Loss (P/L) Count Ratio Model.

How will Bitfarms tackle its stock performance struggles?

Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group's CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit unprecedented highs if former U.S. President Donald Trump wins the upcoming U.S.

Solana (SOL) has unveiled its latest project, Seeker, prompting a notable price surge of 5% and bringing SOL closer to becoming the fourth largest cryptocurrency by market capitalization, surpassing Binance Coin (BNB). This price movement comes as Solana reaches a three-month high, with current trading values hovering around $183.38.

XRP's candlestick pattern points to a possible reversal. A bullish indicator of this reversal pattern suggests that XRP may finally experience some upward movement following a period of difficulty.

Reports showed that Bitcoin price slightly dipped in the last 24 hours but continues to hang on the $69,000 level after breaching over $73,000 several days ago. Despite the impressive BTC price hike, interest in the cryptocurrency is not picking up as Google searches remained flat.

The expiration of $2 billion in Bitcoin options today could lead to increased volatility! Here are the points to watch.

Bitcoin continues its impressive climb, recently surpassing the $73,000 mark, new insights into short-term holder activity are capturing the attention of investors and analysts alike. The Short-Term Holder Spent Output Profit Ratio (SOPR) has registered at 1.017, indicating that short-term holders are currently realizing moderate profits.

Since Jim Cramer slammed Solana investors as “idiots” in 2022, the value of SOL rose over 1,400%.

Coinbase is fumbling the obvious — stop buying back shares and start stacking sats already!

Solana's ecosystem saw significant growth in institutional investment, with $173 million for DApps in Q3.

From whale activity to network strength, Solana's resilience sets the stage for a potential bullish reversal.

Bitcoin is approaching all-time highs, prompting investors to wonder if the cryptocurrency could reach $100,000 by the end of the year. Currently sitting just under 1% below its highest-ever price point, Bitcoin has captured market attention with its recent surge, sparking a wave of speculation about what's driving the rally and whether it can sustain such momentum.

Bitcoin surges as Robinhood posts a 165% boost in crypto revenue. Discover how this rise could impact BTC prices and what it means for the broader crypto market. The post Bitcoin Rallies as Robinhood Reports 165% Revenue Surge – What's Next for BTC? appeared first on Cryptonews.

Strive Asset Management, a financial services firm with $1.7 billion in assets, announced it will integrate Bitcoin into its wealth management offerings. The post Financial Services Firm Strive Adds Bitcoin to Portfolios with New Wealth Management Service appeared first on Cryptonews.

As the United States approaches its presidential election on Tuesday, November 5, 2024, the Bitcoin market is bracing for significant volatility. In the lead-up to the election, Bitcoin surged to a high of $73,620 on Tuesday, likely reflecting investor optimism over a potential victory for former President Donald Trump.

Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm.

The recent slip in price has raised questions over the staying power of the recent rally.

Strive Enterprises, an asset management firm co-founded by Vivek Ramaswamy, announced a new wealth management division on Nov. 1 that will integrate Bitcoin into client portfolios. The move aims to use Bitcoin as a hedge against expected long-term economic risks, including inflation, rising fixed-income yields, persistent geopolitical tensions, and restrictive monetary policies.

Bitcoin whale that had been inactive since 2012 has emerged from a lengthy dormancy, transferring 159 BTC—equating to approximately $11.3 million—just as Bitcoin's price broke through the $71,000 mark. This significant transaction has piqued the interest of analysts and enthusiasts alike, shedding light on the activities of long-term holders in the cryptocurrency space.

Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.

Financial services firm Strive, which was co-founded by Donald Trump advisor Vivek Ramaswamy, will begin offering Bitcoin under a new wealth management business.

Bitcoin (BTC) continues its climb past the $72,000 mark, it has set off a wave of short liquidations, wiping out over $48 million in positions in a single day. This recent uptick in Bitcoin's price has ignite renewed excitement across the crypto market, with many investors betting on Bitcoin reaching new all-time highs.

Robin Brooks, former chief economist at the Institute of International Finance, continues to insist that Bitcoin is "just another bubble asset" despite the substantial gains that were recently recorded by the flagship cryptocurrency.

Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday's Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh inflows during Thursday's trading according to sosovalue.xyz stats. Leading the way, Blackrock's IBIT saw a substantial intake with $318.

Raydium (RAY) price has surged nearly 20% over the past week, showing impressive strength within the Solana ecosystem. With Raydium maintaining a stronghold as the leading decentralized exchange on Solana, its price momentum is backed by substantial trading activity and liquidity.

CryptoQuant's analysis suggests that BTC could be far from a new bull market because the cryptocurrency's dominance is not decreasing, but rising.

Former United States President Donald Trump wished Bitcoiners a great anniversary, marking Satoshi Nakamoto's Whitepaper. This comes in the run-up to the US Presidential election, which is projected to change the dynamics of crypto assets in the country.

The crypto market faced a surge of selling pressure this week, unsettling investors as Bitcoin (BTC) dropped by 4% before rebounding to $71,000.

Over the past seven months, the Solana price has traded sideways, struggling to sustain above the $200 psychological level. While the consolidation has created uncertain market sentiment with a lack of initiation from buyers, the Q4 period could be a game changer.

Bitcoin's price dip below $70,000 has seen one whale panic, selling 2,019 BTC amid jitters over further declines.

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, shed light on the future potential of Bitcoin amid various misconceptions surrounding its price trajectory. As Bitcoin hovers around $72,171, Hougan asserts that significant price increases are possible without necessitating a depreciation of the US dollar.

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.

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, Kevin Lehtiniitty of Borderless.xyz shares his outlook for the crypto market and the broader industry in 2025.

As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger.

Florida is blazing a new path by investing $800 million in crypto, a move led by CFO Jimmy Patronis.

Bitcoin registered its highest surge in demand on Binance Futures since September last year

Solana (CRYPTO: SOL), launched in March 2020, has risen more than 15-fold, driven by a robust ecosystem supporting various meme coins. What Happened: In 2022, Jim Cramer labeled Solana and other tokens like Litecoin as "idiot investments" on CNBC.

Metaplanet's success highlights the growing trend of corporate Bitcoin adoption, potentially reshaping financial strategies globally. The post Metaplanet stock soars over 1,000% this year as firm adopts Bitcoin strategy appeared first on Crypto Briefing.

Institutional investment in Solana-based blockchain applications rebounded in the third quarter of 2024, with Solana's DApps attracting $173 million across 29 funding rounds. The post Institutional Investments in Solana DApps Reach $173M in Q3, Up 54% From Previous Quarter appeared first on Cryptonews.

Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.

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Bitcoin (BTC) price has shown shifts in sentiment after recently reaching a very close level to its all-time high. DMI highlights a softening in BTC's uptrend momentum, suggesting some pullback in buying intensity.

Who wins this election will dictate when we see a new all time high.