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news-imageNovember 7, 2024

Bitcoin open interest tops chart after hitting $75K ‘sweet spot'

Bitcoin Open Interest reached $45.4 billion on Nov. 6 after Donald Trump won the US presidential election and Bitcoin tapped all-new highs.
Publisher: Cointelegraph
Sentiment: Positive
BTC

More News Articles

Positive
cover-imageThe Currency Analytics
November 7, 2024

Semler Scientific Boosts Bitcoin Holdings to 1,058 BTC Despite Mixed Q3 Results

Semler Scientific, a technology company specializing in products and services aimed at combating chronic diseases, has significantly expanded its cryptocurrency portfolio with the purchase of an additional 47 bitcoins (BTC) for a total of $3 million. This move brings the company's total bitcoin holdings to 1,058 BTC, which has been acquired at an aggregate cost of $71 million, including transaction fees and other costs.

Positive
cover-imageBenzinga
November 7, 2024

NBA legend Scottie Pippen's Prophetic 'Satoshi Nakamoto Dream' Misses Bitcoin Numbers On Election Day

NBA star Scottie Pippen's "dream encounter" with Bitcoin (CRYPTO: BTC) creator Satoshi Nakamoto failed to hit the bull's eye, as the leading cryptocurrency gained but didn't gain enough on election day. What happened: Widely regarded as one of the greatest players in NBA history, Pippen is a known celebrity advocate of Bitcoin and actively uses his social media presence to promote the cryptocurrency.

Positive
cover-imageCoinPedia
November 7, 2024

Bitcoins Market Value Signals More Growth—Is $150K Near?

Bitcoin recently broke its previous ATH at $73,800 and made a new at $75,000. Currently hovering around $74,926, BTC does not show any chances of retracing back. The crypto community has one question, is it done or will it climb further? Let's dive into the analysis and see what market experts are talking about.

Positive
cover-imageCoinPedia
November 7, 2024

Bitcoin Price Prediction : Here's When BTC Price Expected To Hit $150k

Following the resounding victory of pro-crypto candidates in the United States Senate, House of Representatives and the POTUS, Bitcoin (BTC) price has gained notable bullish momentum. The next United States administration's high expectations have significantly shifted the cryptocurrency market's dynamics around the market.

Positive
cover-imageThe Currency Analytics
November 7, 2024

Bitcoin Could Hit $200,000 by 2025, Bernstein Predicts, Despite U.S. Election Uncertainty

Bitcoin could hit a staggering $200,000 by 2025, according to a recent report by Bernstein analysts, even as the U.S. election draws intense market speculation. The report, led by analyst Gautam Chhugani, highlights that Bitcoin's potential remains strong, with short-term volatility anticipated based on the election outcome but a bullish long-term outlook supported by growing demand for Bitcoin ETFs and rising U.S. debt levels.

Neutral
cover-imageThe Currency Analytics
November 7, 2024

Bitcoin holders Show Caution: Is the Market Maturing

Bitcoin (BTC) is showing signs of market evolution, with long-term holders, or “Holders,” adopting a more cautious approach to selling. This more reserved behavior, observed over the past few weeks, may indicate a shift in how investors engage with Bitcoin, pointing to a possible maturation of the cryptocurrency market.

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