Bitcoin has broken the $79,000 price level for the first time and many traders are sharing the sentiment that "this is just the beginning."
In the wake of Donald Trump‘s triumph in the U.S. presidential election, Binance CEO Richard Teng has voiced his positive outlook for the future of the cryptocurrency sector in America. What Happened: Teng interprets Trump's victory as a "golden era" for the crypto industry, predicting the arrival of new U.S. regulators who are open to digital currencies, reported the Financial Times.
Bitcoin has once again become a focal point in the financial world, with a new rally ignite discussions about its potential to transform global finance. A top executive at Binance, one of the biggest cryptocurrency exchanges, shared an optimistic outlook on Bitcoin's future, signaling that its rising influence could be a game-changer for the entire financial industry.
Bitcoin's realized cap has surged to a record $663 billion, signaling stronger long-term investor confidence. This rise in realized cap may act as a foundation for sustained BTC price growth in the coming months.
Bitcoiners don't fear overvaluation the way stock traders do, says Bitwise Invest's CEO, after Bitcoin reached new all-time highs this week.
The Bitcoin price could see its second massive breakout in this current market cycle, as a crypto analyst has predicted a peak above $150,000 for the pioneer cryptocurrency. This bullish forecast comes on the heels of Bitcoin's previous All-Time High (ATH) this month when it surpassed the $75,000 mark.
A new 'high' for Bitcoin could possible mean alarm bells for the cryptocurrency.
Bitcoin is on a record-breaking run, reaching new all-time highs for three consecutive days following Donald Trump's victory in the US election and a recent 25 basis point rate cut by the Federal Reserve.
The momentum is on Bitcoin and crypto's side, and it wouldn't be surprising if the price surge continues until the end of the year. One of the biggest drivers of the current performance of Bitcoin is the election of Republican Donald Trump.
Robert Kiyosaki has revealed his bitcoin holdings and plans to buy more BTC over the next year, along with his investments in gold, silver, and real estate — assets he views as “real money” for building lasting wealth.
The world's most prominent digital currency reached as much as $77,312.18 today, according to Coinbase data provided by TradingView.
Bitcoin's price has always been known for its volatility, but recent movements have traders on high alert. With the cryptocurrency hovering around $76,100, there are significant concerns about what might happen if Bitcoin's price hits certain key levels.
The victory of Donald Trump in the US presidential election has been confirmed, leaving cryptocurrency investors speculating about the impact on Bitcoin's price trajectory in the next four years. Interestingly, the market has already been given a taste of the possible effects.
CryptoQuant CEO Ki Young Ju has made a shocking prediction regarding the price of Bitcoin for the end of 2024. With Bitcoin finally hitting a new all-time high of $77,252.75, the market is expecting further upsides.
This Op-Ed explores if there is a way out of the centralization cycle for wrapped Bitcoin. TLDR: The Greeks wrote about Sisyphus, eternally pushing his boulder uphill, only for it to roll back down. In crypto, we keep pushing Bitcoin toward decentralization, only to watch wrapped versions roll back into centralized hands.
The launch of the spot Bitcoin ETFs (exchange-traded funds) in January 2024 marked a perfect start to the year for the cryptocurrency industry. These crypto investment products were expected to walk the extra mile for the premier cryptocurrency, drawing in more investors into the digital assets space.
Bitcoin, the world's largest digital asset, recorded significant market gains in the past week to resume an uptrend that began in early October. Data from CoinMarketCap shows that Bitcoin rose by 10.58% in the past week as pro-crypto candidate Donald Trump emerged as US President-elect on November 5, followed by a 25 bps rate cut by the US Federal Reserve.
A US federal judge has sentenced Roman Sterlingov, the founder of Bitcoin Fog, to 12.5 years in prison for money laundering linked to darknet markets, the Department of Justice announced.
Bitcoin (BTC) is showing signs of a significant upward trajectory as it climbs to new all-time highs, spurred by renewed optimism following the U.S. presidential election. With Donald Trump winning a second term, the crypto market is buzzing with predictions of Bitcoin reaching as high as $85,000.
Bitcoin shorts have intensified their expectations of a bearish retracement, but this outcome could make way for something interesting.
Bitcoin (BTC) cracked $77,000 and set another new all-time high on Friday, one day after the U.S. Federal Reserve opted to lower interest rates again. The Federal Open Market Committee (FOMC) voted this week to lower the Fed's policy interest rate by one-fourth of a percentage point, following September's 50 basis-point cut.
Cryptocurrency trader and expert Michaël van de Poppe has projected that Bitcoin (CRYPTO: BTC) could potentially hit the $80,000 mark this month, following a possible retest at the $71,679 level. What Happened: Van de Poppe made his forecast on social media platform X.
Block is looking to channel funds toward Bitcoin mining initiatives and Bitkey wallet growth.
Peter Brandt, a veteran trader with decades of experience in the financial markets, is bullish on Bitcoin's future. In a recent post to his 746,100 followers on the social media platform X (formerly Twitter), Brandt expressed his optimism, suggesting that Bitcoin (BTC) is now in the “sweet spot” of its bull market halving cycle.
The price of Bitcoin has turned in an impressive performance, forging successive all-time highs over the past week. Similarly, other large-cap assets, such as Ethereum, Solana, and Cardano, have been experiencing massive upside movement in the past few days.
With Bitcoin climbing higher and achieving bigger milestones triggered by a Trump win in the US Presidential elections, more and more traders expect the rally to continue and expand to the next year. Bitcoin also finally set its new all-time high and is currently trading around $75,995.
Robert Kiyosaki's goal is to own 100 Bitcoin by 2025. He currently has 73 and keeps buying more and he has made a tweet claiming he is not waiting for prices to drop like “a poor person” who waits for things to get cheaper.
The Chicago Mercantile Exchange (CME), one of the world's largest and most influential financial exchanges, has reached a historic milestone with a record-breaking $13.15 billion in Bitcoin futures trading volume. This surge, marked by Bitcoin futures priced at $76,141, underscores the increasing institutional demand for Bitcoin exposure in the financial markets, particularly in the wake of Donald Trump's re-election.
Popular crypto analyst PlanB in a latest YouTube video has revealed that Bitcoin (BTC) looks all set for a series of big rallies. He noted that his stock-to-flow (S2F) model implies that Bitcoin could exceed $250,000 in the coming years.
The Global Head of Research for Bitwise Asset Management, Matt Hougan, is confident that Bitcoin's price will surpass $100,000. In an interview with Yahoo Finance, he said that regulatory concerns will not hinder the price of BTC from recording new ATHs.
Renowned crypto analyst and creator of the stock-to-flow model has issued an extraordinarily rosy prediction regarding Bitcoin's future price prospects, estimating that the alpha crypto is poised to balloon to $500,000 heights within the next four-year cycle based on the model's historical pattern.
Data shows the Bitcoin Open Interest to Market Cap Ratio has surged alongside the latest run in the asset's price to the new all-time high (ATH).
The cryptocurrency market is gearing up for a major event today as $3.7 billion worth of Bitcoin options contracts are set to expire. This massive expiry, involving about 48,700 Bitcoin options contracts, has traders and investors on edge, as it could trigger price fluctuations in Bitcoin, Ethereum, and other altcoins.
Bitcoin (BTC) is currently consolidating in a low time frame (HTF) after peaking at $77,230 on Friday night. Now, the same analyst who predicted this price target for the weekend warns of a potential long squeeze for Bitcoin.
Since Donald Trump won the US presidential election, the market has been overcome with bullish sentiment. Bitcoin (BTC) set a new all-time high just days after the crypto-pro Trump secured victory over Kamala Harris.
This week in crypto, BeInCrypto unpacks everything from Donald Trump's historic election, its impacts on Bitcoin and SEC Chair Gary Gensler, to new XRP ETF applications amidst institutional support, and a major new upgrade for Cardano.
Even after breaking through $77,000 for the first time, bitcoin's price looks very likely to keep soaring, CoinDesk senior analyst James Van Straten argues.
Rich Dad Poor Dad author Robert Kiyosaki plans to increase his Bitcoin holdings “regardless of price.”
As of Friday's latest data, spot bitcoin and ether ETFs once again recorded positive inflows, capping off a groundbreaking week in the market. $293M in Bitcoin, $85M in Ether Inflows on Friday In the U.S., spot bitcoin ETFs pulled in $293.47 million in inflows on Friday alone.
On Thursday, Detroit announced plans to become the largest city in the United States to accept Bitcoin and other cryptocurrencies for tax payments. According to local media reports, residents will be able to make payments through a platform managed by PayPal from mid-2025 as the city looks to modernize its payment systems.
Following the recent crypto market surge, the non-fungible token (NFT) sales volume has surged by 16.3% to $96.1 million. The overall crypto market has been showing strong positive momentum recently.
XRP has faced significant resistance at the $0.55 level over the past six weeks, despite intermittent rallies attempting to push through this barrier. The cryptocurrency has been unable to close above this key resistance point, even as broader market conditions, including Bitcoin's recent all-time highs, have provided a favorable environment for many assets in the crypto market.
The cryptocurrency market witnessed a major event on November, when Bitcoin (BTC) surged past the $76,000 mark, setting a new all-time high. This impressive rally coincided with significant inflows into U.S.-based spot Bitcoin exchange-traded funds (ETFs).
As Solana continues to make significant strides in the crypto scene, SOL is elbowing notable rivals in various spheres.
Bitcoin has recently seen a remarkable uptrend, with the cryptocurrency reaching new all-time highs almost daily this week. Unlike previous peaks, this rally appears more sustainable, driven by robust market fundamentals.
MicroStrategy's (NASDAQ: MSTR) decision to incorporate Bitcoin (BTC) into its balance sheet was considered a bold move by Wall Street companies.
Spot Bitcoin exchange-traded funds launched less than a year ago and have already been dubbed the most successful ETF launches in history. BlackRock's Bitcoin ETF, the iShares Bitcoin Trust (IBIT), just smashed another record.
Ethereum (ETH) recorded its largest three-day gain of 2024, as it surged 21% after Trump won the U.S. presidential elections. Despite institutions actively accumulating Bitcoin through spot Bitcoin ETFs, sentiment towards Ethereum has been mixed.