The Dogecoin price has experienced a massive pump, rising by a whopping 25% to lead current market gains. This notable increase comes on the heels of the United States Presidential election, where many crypto analysts view a potential Donald Trump win as an incredibly bullish outcome for the Dogecoin price.
Bitcoin exchange-traded funds (ETFs) experienced significant outflows totaling $541 million in early November, driven by heightened volatility in the crypto market as U.S. election results loom. With uncertainty surrounding potential political shifts, investors have been cautious, pulling back from BTC ETFs amid the market's fluctuations.
Crypto exchange Coinbase's shares closed the day 31% higher, leading gains among digital asset-related stocks.
Bitcoin could top $1 million per coin during Trump's second term, according to historical price data.
The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
For weeks, former President Donald Trump defeating VP Kamala Harris in this year's election appeared to be bullish for bitcoin.
BlackRock's spot Bitcoin (BTC) ETF recorded an impressive $1 billion in trading volume within just 20 minutes of market opening on Nov. 6, spurred by President-elect Donald Trump's victory in the US elections. The surge reflects heightened investor confidence in a pro-crypto administration under Trump, who defeated incumbent Vice President Kamala Harris.
Analyst Peter Schiff, a well-known financial commentator, has reiterated his critical stance on Bitcoin, claiming that it stands in contrast to gold. Amid recent market optimism following the re-election of Donald Trump as U.S. President, BTC has surged, while gold has seen a decline.
The Bitcoin price has surged past $76,000 and is still eyeing new highs as US Vice President Kamala concedes defeat to Donald Trump. This price rally to new ATH comes just hours after the flagship crypto surpassed its previous ATH of $73,000, rising to as high as $75,000.
Dogecoin (CRYPTO: DOGE) is soaring to new monthly highs, with Donald Trump winning the 2024 presidential election and Elon Musk likely playing a role in the president-elect's return to the White House. A Benzinga poll asks readers to pick which Musk-linked company could have the biggest impact on the meme coin's future.
A US strategic Bitcoin reserve faces steep odds, with legislative hurdles and economic risks stalling approval.
The crypto-friendly, bipartisan market structure bill was good enough under a Biden regime. Now things have changed, sources say.
The establishment of a Bitcoin reserve could significantly alter global financial dynamics, positioning the US as a leader in digital currency innovation. The post US Senator Lummis reaffirms Bitcoin will be become a national reserve asset following Trump's victory appeared first on Crypto Briefing.
Shiba Inu (SHIB) recently witnessed a significant increase in its burn rate, surging 3,674% on U.S. presidential election day. Interestingly, this spike has come amid reignited interest in the SHIB price.
Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.
Bitcoin is soaring on optimism that President-elect Trump will follow through on his promise to support Bitcoin and the crypto industry at large. Republicans have won control of the Senate, with the House still up for grabs.
Senator Cynthia Lummis reaffirmed plans to create a strategic Bitcoin Reserve in the U.S. hours after Donald Trump won the presidential election.
$68,000 has been identified as a critical support level for Bitcoin (CRYPTO: BTC), following its surge to a new all-time high on election night. What Happened: In a comprehensive breakdown of Bitcoin's performance over the past seven months, crypto trader Scient identified two similar structures within this period: a bearish and a bullish structure.
As Trump won the U.S. presidential elections, Bitcoin soared more than 7.7%.
"The odds were too good," the content creator stated.
Huge BTC and ETH transfers by crypto whales follow the 2024 U.S. election results. Multi-million-dollar transfers of this large-cap frog-themed memecoin were detected hours ago.
Senator Cynthia Lummis (R-Wyo.) on Wednesday reiterated her support to build a strategic Bitcoin (CRYPTO: BTC) reserve, aligning with the latest crypto-positive policies from the new administration.
Donald Trump's 2024 election victory has created over 11,000 new Bitcoin millionaires. According to data from Finbold, the number of Bitcoin wallets valued at $1 million or more rose to 132,842 on November 6, as Bitcoin prices increased by 7.
MicroStrategy co-founder Michael Saylor has thrown his support behind the idea of creating a strategic Bitcoin (BTC) reserve in a recent social media post.
An “everything rally” powered Wall Street on Wednesday after the 2024 election results, with Donald Trump emerging as the clear presidential winner. The Republican Party reclaimed control of the Senate, while the House of Representatives leans Republican but remains undecided.
As analysts predict Bitcoin could reach $250K, how might Trump's promises influence this potential? What should you be watching for in the coming months?
During Wednesday's trading session, the cryptocurrency market witnessed a surge in buying pressure as Donald Trump secured his victory as the 47th U.S. President. The pioneer cryptocurrency, Bitcoin, surged 8.8% to a new high of $75,400, boosting recovery in the altcoin market.
Hut 8 Corp. is set to enhance its Bitcoin mining efficiency by acquiring 31,145 BITMAIN Antminer S21+ ASIC machines, expected to boost its self-mining hashrate by 66% and significantly improve energy efficiency starting in Q1 2025. The post Bitcoin Miner Hut 8 Leverages New ASICs to Enhance Mining Efficiency appeared first on Cryptonews.
Bitcoin set a new all-time high of $75,100 early Wednesday, marking a significant milestone for the leading cryptocurrency. This latest surge comes as bullish sentiment builds around the ongoing U.S. presidential election, where results are increasingly leaning in favor of former President Donald Trump.
The United States had a presidential election where Donald Trump was elected. Bitcoin price performed positive during the election day, making a new ATH on Wednesday.
While commenting Trump's win, US Senator Cynthia Lummis made a significant announcement and pulled back the curtains on a pivotal legislative proposal targeted at the Federal Reserve. She also reiterated that the US plans to build strategic Bitcoin reserve.
As Bitcoin reaches new heights, the bold words of its mysterious creator, Satoshi Nakamoto, echo across the crypto world.
Veteran trader Peter Brandt says that Bitcoin (BTC) is set to vastly outperform gold after printing a bullish pattern on the longer-term chart. Brandt shares a chart with his 745,000 followers on the social media platform X showing Bitcoin in a clear uptrend when priced in gold (BTC/XAU).
Bitcoin's valuation soars to $1.5 trillion after Trump's victory, making it the 10th largest global asset ahead of Meta.
Bitcoin surged to new all-time highs during election night, hitting an impressive $75,300 as market excitement reached a fever pitch. This milestone pushed Bitcoin into price discovery, igniting significant liquidations across trading platforms.
Tether (USDT) will be moved from several chains in a chain swap event. The biggest transfer will be of 1B USDT from TRON to Ethereum.
CNBC's Mackenzie Sigalos joins 'Halftime Report' to discuss how crypto is reacting to the election.
The futures market is signaling that the current Bitcoin rally, spurred by Donald Trump's recent election victory on Tuesday, might be starting. According to Vetle Lunde, head of research at K33 Research, the election's immediate aftermath has seen a “risk-on rotation” across derivatives, indicating a surge in investor confidence.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
BlackRock's iShares Bitcoin Trust ETF (IBIT) shot up to over $1 billion in trading volume within a jaw-dropping 20 minutes. This is the kind of volume you see with major sell-offs, but that's not what's happening here.
Trump's victory, broadly seen as a massive boon to the crypto industry, also sent bitcoin to an all-time high of above $75,000.
Are we witnessing a Dogecoin revolution? The second largest Proof of Work network hits over $13B in daily volume.
Trump's pro-crypto policies can likely to trigger sector-wide rallies in the upcoming months.
Bitcoin reaches a new all-time high of $75.4K, driven by US election dynamics. Market volatility surges as investors hedge positions in anticipation of further price movements.
Some analysts expect Bitcoin's price to surge following Donald Trump's Nov. 5 election win.
The rapid trading volume surge in BlackRock's Bitcoin ETF highlights growing institutional interest, potentially boosting Bitcoin's mainstream adoption. The post BlackRock Bitcoin ETF trades over $1 billion in first 20 minutes post-Election Day appeared first on Crypto Briefing.
A boost in Bitcoin's spot volumes and a classic chart pattern hint that $110,000 could be the next stop for BTC price.