Michigan's state pension fund recently described a substantial $10 million investment in Ethereum ETFs, marking a first for U.S. state pension funds. This strategic move underscores a growing interest in digital assets among traditional institutions and highlights Ethereum's rising profile in the world of institutional investments.

Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.

Demand and institutional interest for Bitcoin erupt in the US amid Donald Trump's election victory.

Bitcoin hit a record high after Donald Trump won back the White House. The digital asset traded above $75,000 at one point.

As of November 6, 2024, at 11:05 a.m. UTC, Dogecoin's year-to-date performance is outpacing that of Bitcoin. According to CoinDesk Indices, Bitcoin (BTC) is currently trading at $74,790, showing gains of 7.7% in the past 24 hours, 22.64% over the past month, and 77.34% year-to-date (YTD). Meanwhile, Dogecoin (DOGE) is trading at $0.

With bitcoin staying solid above the $74,000 mark, a wave of long-dormant bitcoins from years past has suddenly come to life as the price edges higher.

Ethereum (ETH) recovered above $2,600 after the latest crypto rally, but may be facing renewed selling pressures. An ancient ICO whale and a large-scale staker may try to liquidate their holdings.

As digital assets continue to gain traction, the U.S. Congress could be on the verge of passing legislation that would reshape the landscape of crypto investments. Ahead of his appearance at the upcoming Benzinga Future of Digital Assets event, Anthony Rousseau, vice president and head of brokerage solutions product management at TradeStation, shared his thoughts on how specific regulatory changes could influence the future of digital assets.

The 2024 US presidential election is decided. Donald Trump will get a second term, defeating Kamala Harris.

A strange comeback was captured on-chain today, as a major Bitcoin (BTC) holder came back to life after nearly 12 years of inactivity. As first revealed thanks to a report from Whale Alert, 235 BTC, the equivalent of $17.43 million, came to life for the first time since March 2013.

Bitcoin (CRYPTO: BTC) surged to a new all time high of $75,358 on Wednesday during European trading hours, with market experts projecting further gains up to $120,000 amid expectations of crypto-friendly policies under Donald Trump ‘s presidency, according to multiple industry leaders. What Happened: Donald Trump has won the 2024 U.S. presidential election, defeating Democratic contender Kamala Harris.

As Bitcoin surges to a new all-time high, the words of its mysterious creator Satoshi Nakamoto have resurfaced, igniting reflection across the crypto community.

TL;DR Bitcoin's record rally could continue, fueled by Trump's victory and a surge in futures demand. The spread between Bitcoin futures and spot market prices has reached record levels, with strong demand for leverage. Bitcoin-backed ETFs could see positive inflows in the coming hours, due to political clarity following the US elections.

Almost all of the major coins are in the green zone today, according to CoinMarketCap.

A fascinating and predictable cycle in Bitcoin miner revenue provides information about general market trends. The four stages of each cycle are euphoria, capitulation, relief and bearish capitulation.

A new all-time high for bitcoin on U.S. Election Day has sent the market into peak euphoria with speculators looking to ride the bullish momentum. New All-Time High for Bitcoin Another bullish cycle for the crypto ecosystem could be on the horizon with bitcoin's (BTC) new all-time high (ATH).

A closely followed crypto trader believes $80,000 is now the most significant level for Bitcoin (BTC). Pseudonymous trader The Flow Horse tells his 238,100 followers on the social media platform X that how Bitcoin handles a potential surge to around $80,000 may determine if the bull market continues.

Donald Trump's victory in the 2024 US Presidential election has sparked a surge of enthusiasm among cryptocurrency enthusiasts, especially regarding his promises for Bitcoin and the crypto industry. These promises have contributed to pushing Bitcoin's value beyond $75,000.

Ethereum (ETH) is showing signs of a major upward trajectory, with some analysts speculating that the cryptocurrency could see a substantial price surge in the near future. The reason for this optimism?

The US election has enormously affected the crypto industry as Bitcoin (BTC) and major altcoins reach new highs. BTC reached an ATH of $75,361 as Donald Trump became the president-elect.

The Bitcoin market has been very noisy in the early hours of Wednesday, as the market continues to see a lot of hope in the idea of a Trump victory being good for the crypto industry.

Bitcoin price surged past $75,000 following Donald Trump's election win, with the Bitcoin futures markets signalling strong bullish sentiment.

Ethereum analysts are keeping a close look at the altcoin, which is stuck in a long downtrend. Some call for major upward breakout and others keep a cautious stance, warning to expect this downtrend will continue.

The crypto market continues to record an increase in leverage linked to Bitcoin, with a growing number of institutional investors and traders seeking to achieve amplified gains by exploiting the margin.

Bitcoin bulls wasted no time in celebrating after firebrand president-elect Donald Trump swooped to another shock victory in the US elections. The world's largest cryptocurrency soared past previous records to touch an intraday high of $75,400, marking one of the strongest single-day rallies in weeks.

Bitcoin hits an all-time high following Trump's election win. Will pro-crypto policies drive it to $100,000? Explore key insights and future price predictions. The post Bitcoin Surges to Record High as Trump Wins U.S. Election – Will It Reach $100,000 Soon? appeared first on Cryptonews.

Bitcoin (CRYPTO: BTC) surged to a new record high, touching $75,358 during early Wednesday trading in Europe and surpassing its previous peak of $73,737 from Mar. 14, as Donald Trump beat Kamala Harris to win the 2024 election. Although it later pulled back slightly to $73,879, the cryptocurrency maintained a strong 6.7% gain over the last day, according to CoinGecko data.

Bitcoin, the leading cryptocurrency, has become the ninth-biggest asset globally, according to the most recent data.

Hut 8 has announced an upgrade to its ASIC fleet with the purchase of 31,145 Antminer S21+ units at $15 per terahash.

Trump intends to make the United States the world's crypto capital and to create a BTC stockpile for the country, keeping 100% of the government's digital assets.

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During Wednesday's trading session, the cryptocurrency market witnessed a sudden inflow as Donald Trump secured 270 electoral votes, becoming the 47th U.S. President. Following the election result, the BTC price surged 8.8% to hit a new high of $75,397, boosting the market cap to nearly $1.5 Trillion.

"In the six months that followed the last three presidential elections, Bitcoin has had triple digit returns," one analyst noted.

Following former president Trump's 2024 election victory, the cryptocurrency market has experienced a surge in optimism and buying interest. Ethereum was no exception, with its price spiking by 10% at one point, reaching the critical resistance level of $2.5K.

Bitcoin has climbed to the 9th position in global market capitalization rankings, surpassing Meta Platforms (Facebook). The post Bitcoin Overtakes Meta to Claim 9th Spot in Global Market Cap Rankings appeared first on Cryptonews.

Ethereum's price rose to $2,596 with a 6.82% gain. The global crypto market cap surged by 8.11%, reaching $2.47T.

The Bitcoin price hit a new all-time high (ATH) as it surged past $73,700 and rose to as high as $75,000 on November 6. Following this development, crypto analyst Tony Severino has revealed what to expect next from the flagship crypto.

Bitcoin surged to a new all-time high of $75,000, which triggered around $190 million in liquidations for traders betting on an election-induced price drop.

As Bitcoin ($BTC) broke its all-time high, in anticipation of Trump's election victory, some of the major altcoins started to outperform. Ethereum ($ETH), Solana ($SOL), and Sui ($SUI) are among the top movers.

Bitcoin (BTC) may soon be preparing for a major bullish surge, with key on-chain metrics hinting that it could be on track to hit $120K in the coming months. While the cryptocurrency has been trading in a bearish zone, recent insights from the MVRV (Market-Value-to-Realized-Value) ratio and the Pi Cycle Top indicator suggest that a trend reversal may be imminent.

An economist has warned the crypto community about President-elect Donald Trump's promises to the sector during the campaign trail.

Bitcoin's new all-time high of $75,000 following Donald Trump's win in the 2024 US presidential election reflects heightened market optimism and anticipation of potential policy shifts favorable to digital assets. According to a report by digital asset custodian Copper.co, Bitcoin's upward trajectory may continue into the new year.

Binance exchange announced on Wednesday that it will delist certain crypto assets in BTC margin trading pairs. The changes affect Qtum and Venus margin trading, as well as, Contentos and Frax spot trading.

On-chain data shows the Bitcoin Difficulty has seen a third-consecutive increase in the latest network adjustment. Here's what this means for BTC.

No sooner than the U.S. elections turned in favour of the Democrats, the crypto space began to thrive. Donald Trump is the 47th President of the United States who admired Bitcoin and shared his plan to work for the betterment of the crypto industry.

Bitcoin recently set a new all-time high (ATH) of $75,337, largely fueled by Donald Trump's win in the U.S. presidential election. This political shift appears to have supported Bitcoin's momentum, while other cryptocurrencies, like Ethereum, have struggled to mirror this success.

TL;DR Bitcoin (BTC) reached a new all-time high of $75,000 on November 6, 2024, leading to the liquidation of over $286 million in short positions, causing a significant impact across the cryptocurrency market.