Expert analysts believe that the present economic situation has left investors looking for better ways to protect their wealth.

The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.

"Investors are watching closely, hoping that pro-crypto promises made during recent conferences will be fulfilled," an analyst said about the election.

After the results of the 2024 presidential elections, JPMorgan expert analysts expect that gold and bitcoin both benefit from Trump's return to the White House. Both of the assets will gain in the president's second round.

Ever since Bitcoin & Crypto proponent Donald Trump became the new president-elect of the United States, the bulls have jumped in action. Some tokens have ranged above the bearish influence, while others are poised to form new highs in a short while.

Bitcoin is inches from the most rapid gains in its latest bull market, BTC price analysis concludes.

Following Donald Trump's presidential win, JPMorgan (NYSE:JPM) analysts expect both Bitcoin (CRYPTO: BTC) and gold to see significant gains, attributing the expected growth to a "debasement trade." What Happened: This investment approach is designed to benefit from currency devaluation, often resulting from inflationary or expansionary fiscal policies, The Block reported.

Discover key insights, expert analysis, and bullish Bitcoin price forecasts featured in the October 2024 edition of The Bitcoin Report.

Elevated interest rates in the U.S. have dented ether's appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.

US Space Force Major and author of “Softwar,” Jason Lowery, calls on the United States to reassess Bitcoin's role with a US Bitcoin National Defense policy proposal. He contends that Bitcoin represents a strategic tool for national defense by using physical power to secure cyberspace, emphasizing its significance beyond a mere financial asset.

The Bitcoin market continues to look bullish, despite the fact that we pulled back early Thursday. This is a situation where we have broken out, and now we are looking to confirm that breakout.

Bitfinex marks its 12th anniversary, highlighting its role in advancing Bitcoin technology and digital finance, with a focus on innovations like Lightning Network support and tokenized securities.

As interest builds, the proposal may pave the way for broader cryptocurrency adoption across the U.S.

Bitcoin is trading around $75,000 following Donald Trump's victory in the U.S. election, stirring fresh optimism in the crypto market. Trump's pro-crypto stance has ignited excitement among analysts and investors who anticipate favorable policies for digital assets in his administration.

Yesterday, 12 spot Bitcoin ETFs hit over $6 billion in trades—their biggest daily total since March.

The Bitcoin price has achieved a new ATH during the early Asian market today. This has resulted in the altcoin market experiencing a similar price trend. With fear and greed indicators turning extremely bullish, the crypto space hints at a potential bull market in the coming time.

Bitcoin demand from U.S investors has surged since election day, with the Coinbase premium shifting positive.

The two whales have acquired $142 million worth of Bitcoin since Trump's victory in the US election was confirmed, showing growing investor demand for Bitcoin.

As expected, the Bitcoin and crypto frenzy will occur hours after Republican Donald Trump's election. Crypto has become an election issue, with Trump offering a more friendly policy tone than his rival, Kamala Harris, who conceded to Trump's victory, yesterday.

October was a meme token month, but several other important developments shaped the crypto market. Binance's latest monthly market insights report showed the modest overall growth of 2.8% came with important infrastructure and liquidity developments.

IllumineX leverages the advanced confidential compute capabilities of the Oasis Saphire, aiming to address the significant privacy challenges facing crypto users today. The post Non-Custodial Wallet IllumineX Launches Privacy Solution for Bitcoin appeared first on Cryptonews.

Michael Saylor, an American businessman, CEO of software giant MicroStrategy and a well-known Bitcoin supporter, released a new post on the topic of the main cryptocurrency.

The proposed Bitcoin (CRYPTO: BTC) Act, if passed by the Trump administration, could significantly elevate the apex crypto's role within the U.S. economy, according to a new CoinShares report. The act would designate Bitcoin as a strategic reserve asset, permitting the U.S. government to acquire up to 5% of its total supply, treating it similarly to gold.

One of the most hotly-anticipated legislative developments would be the adoption of the Bitcoin Act, introduced by U.S. senator Cynthia Lummis (R-Wyo.

In a recent report, JPMorgan analysts indicated that Donald Trump's victory in the U.S. presidential election may favor both Bitcoin and gold as part of what they call the "debasement trade.

Data from Wednesday's trading session reveals that U.S. spot bitcoin exchange-traded funds (ETFs) attracted a notable $621.9 million in positive inflows. Crypto ETFs Soar With Positive Inflows Both U.S. spot bitcoin and ether ETFs recorded gains in Wednesday's session. According to sosovalue.xyz metrics, 12 spot bitcoin ETFs raked in a combined $621.9 million.

The cryptocurrency market has undergone a notable spike, rising 7.41% in the last 24 hours and raising the entire market capitalization to $2.46 trillion. Along with this, trading volumes have increased by 128.03%, totaling $192.7 billion.

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 7, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

Investors are betting on BTC's ability to rise higher, but the psychology and timing of the market will be critical in determining its next move.

The Bitcoin price has now returned into a full bullish sentiment now that the crypto fear and greed index has flipped into greed. This shift reflects growing confidence among investors as optimism takes hold in the cryptocurrency market.

The United States could establish a strategic Bitcoin reserve within the first 100 days of President-elect Donald Trump's administration, according to a key insider. David Bailey, CEO of BTC Inc.

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.

Fidelity bought $308 million worth of bitcoin on Wednesday as price reached a new all time high above $76,000.

Get more Crypto Updates https://www.youtube.com/channel/UCUv89KvVvjuH-NngyBhfwTg/about Are NFTs dead? Think again!

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.

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.

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?