In the latest development, the Ethereum Foundation has announced the launch of the Mekong testnet, marking a significant step towards the upcoming Pectra fork.
She said that when the next Congress starts, with Republicans in control, they plan to build a strategic Bitcoin reserve. This is exciting news for Bitcoin fans, as it could mean the U.S. government will hold a large amount of Bitcoin as part of its official reserves.
The Ether whale moved the funds for the first time in eight year with 800x gains as ETH price edged above $2,800.
Ethereum developers have introduced a temporary test network named Mekong for next year's Pectra upgrade.
Fidelity bought $308 million worth of bitcoin on Wednesday as price reached a new all time high above $76,000.
Following Donald Trump's election victory, Bitcoin spot ETFs recorded $622 million in inflows on Nov. 6 amid expectations for a more crypto-friendly environment under the new administration. What Happened: The Fidelity ETF (CBOE: FBTC) led with $309 million, while Bitcoin spot ETFs overall recorded a daily turnover of $6.07 billion—the highest since March, according to data from SoSo Value.
The cryptocurrency market is filled with excitement after Bitcoin surged to a new all-time high, reaching $76,200. Many are speculating that former President Donald Trump's recent victory in the U.S. presidential election could be the catalyst for Bitcoin and other cryptocurrencies to soar even higher.
Bitcoin whales—large investors with substantial holdings—are stepping up their acquisitions, adding over $132 million worth of Bitcoin in the wake of projected results from the 2024 U.S. presidential election. Anticipation of a Trump victory has stirred optimism in risk-on assets like Bitcoin, drawing in high-profile investors as the cryptocurrency market leans bullish.
Data shows the cryptocurrency derivatives market has suffered a large amount of liquidations following Bitcoin's rally to its new all-time high (ATH).
With Donald Trump now elected as the next U.S. president, market sentiments have turned positive as experts foresee Bitcoin crossing major benchmarks by 2025. Moreover, JPMorgan analysts envision a strong outlook for both gold and bitcoin.
Ethereum has launched the “short-lived” Mekong testnet to test key upgrades for the upcoming Pectra fork.
While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.
TL;DR Bitcoin Surges Past $75,000: Following Donald Trump's election victory, Bitcoin's price jumped nearly 8%, reaching over $75,000, as investors anticipate a favorable regulatory environment for cryptocurrencies under his administration.
Check out how high ETH's price may jump in the following months (according to some popular analysts).
Two long-term Ethereum whales from the ICO era re-emerged, collectively selling 33,701 ETH worth $89.11 million as the ETH price rallied to $3,000.
Samson Mow, a Bitcoin maximalist and CEO at the JAN3 company, has published a tweet that shares an optimistic take on the Bitcoin price's near future.
The crypto market now eagerly awaits the US FOMC and Fed Chair Jerome Powell's speech as optimism soars after Donald Trump's presidential win. The investors are betting towards a 25 bps Fed rate cut later today, with many anticipating these developments to send Bitcoin price to $100K soon.
TL;DR On November 6, 2024, Spot Bitcoin ETFs saw a significant surge in inflows, totaling $622 million, marking a record daily turnover of $6.07 billion, led by BlackRock and Fidelity. BlackRock's iShares Bitcoin Trust (IBIT) set a new record with a daily trading volume exceeding $4.
Bullish momentum continues to dominate BTC's price chart.
A number of analysts believe Ethereum is more than ready for a monster rally, and predict ETH could reach $5,000 or even $8,000 next year.
As the market pauses to catch its breath, the $BTC price is currently consolidating around the $75,000 price level. With a marked positive change towards Bitcoin about to be implemented, as the new Trump administration begins its tenure in January, could $BTC surge into the end of the year?
According to James Butterfill, CoinShares' Head of Research, Donald Trump's administration is expected to create a more supportive environment for Bitcoin's growth and adoption.
Justin Sun, the creator of the Tron blockchain, and now the owner of two exchanges – Huobi and Poloniex – has shared a bullish outlook for the near future of the cryptocurrency market, specially stressing the second largest cryptocurrency Ethereum.
Markets are bracing for post-election volatility, which may take Bitcoin as high as $100,000 before 2025.
Markets are bracing for post-election volatility, which may take Bitcoin as high as $100,000 before 2025.
BlackRock's iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.
A lot of movement in dormant Ethereum (ETH) wallets has been seen lately as longtime holders take advantage of recent price spikes. First, Spot On Chain announced that two major Ethereum holders sold a total of 33,701 ETH, which is worth about $89.72 million.
Solana "has an opportunity to move alongside BTC and ETH, cementing itself as a major if it gains ETF approval," an analyst told Decrypt.
BlackRock's iShares Bitcoin Trust (IBIT) hit a record trading volume of over $4.1 billion following Donald Trump's presidential election win.
Just as Donald Trump seized a decisive victory for the Republican party yesterday, the crypto community is now looking forward to the United States building a Bitcoin strategic reserve. During his election campaign, Trump actively backed BTC and even floated the idea of holding it as a reserve and writing Bitcoin cheques to reduce the
Solana's price has broken above $172 and continues to show strength as it approaches the $200 level, supported by positive technical indicators and sustained trading volume.
Ethereum is on the move! After breaking past a key resistance level, Ether's price is now aiming for the $3,000 mark.
Binance, one of the world's largest cryptocurrency exchanges, has issued a key notification regarding upcoming Tether (USDT) transfers across multiple networks.
The Ethereum Foundation launches Mekong, a short-term testnet allowing developers to explore UX and staking updates for the upcoming Pectra fork.
Widely followed analyst Benjamin Cowen is issuing a warning on Bitcoin (BTC) as the flagship crypto asset trades near its all-time high. In a new video, Cowen tells his 820,000 YouTube subscribers that Bitcoin could turn bearish around one month after the US general election.
On November 6, Donald Trump was declared the winner of the 2024 U.S. Presidential Election, a development that has sent ripples through the cryptocurrency community. This win follows months of pro-crypto positioning by Trump, highlighted by his notable appearance at the Bitcoin 2024 conference in Nashville on July 27.
The Internet Computer Protocol (ICP), the blockchain network designed for high-speed decentralized applications, has experienced a monumental rise in network activity, with its growth primarily driven by the expansion of its Chain Fusion interoperability protocol. However, despite the impressive rise in its ecosystem activity, the price of ICP has remained largely muted, following a broader market trend of consolidation in the latter half of 2024.
Solana (SOL) price appears poised for a breakout as bullish momentum gains traction, lifting the cryptocurrency to a three-month high. While consistent resistance has tested its upward drive, SOL now signals the potential for further gains, capturing the attention of investors closely tracking its movements.
Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.
Following Donald Trump's victory in the US presidential election against Vice President Kamala Harris, optimism is surging in the cryptocurrency market. Analysts are now projecting that Bitcoin could reach new heights of $100,000 before the presidential inauguration, which is just over two months away.
Strong signs of a breakout, but what's next for NEIRO's really?
With Donald Trump elected as the 47th president of the United States, the prospect of establishing a national Bitcoin reserve is gaining momentum.
Solana price rally has kicked off, eyes on $200 and a new ATH.
The total crypto market cap is well above $2.6 trillion after the most recent gains.
In the last 24 hours, the crypto exchange Binance has recorded record withdrawals in Bitcoin amounting to over 9,000 BTC.
Under such a proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency's total supply, the report said.
Trump's victory is expected to benefit both gold and bitcoin, with BTC set to get a further boost from MicroStrategy, JPMorgan analysts said.