Bitcoin (BTC) broke out of its all-time high on November 6, currently consolidating above that level before its next move. In the meantime, a cryptocurrency trading expert has set his BTC price targets for the weekend, aiming at higher levels.
Bitcoin (BTC) traded with conditions not seen since late 2021, reaching peak levels for its open interest to market cap ratio. Peak open interest creates risk of deleveraging and a drawdown.
BlackRock's spot Bitcoin ETF, also known as IBIT, dominated trading volume on November 6 with over $4 billion traded.
Fighting for transaction privacy needs to remain at the core of why we're here.
U.S. spot bitcoin exchange-traded funds (ETFs) saw a record-breaking $1.38 billion inflow on Nov. 7. ETF Investors Want More Bitcoin The staggering inflow of $1.38 billion into bitcoin ETFs set the record for largest single day inflow so far.
Standard Chartered projects a fourfold increase in the digital assets market cap, reaching $10 trillion by the U.S. mid-term elections in late 2026. What Happened: According to a new note from Geoffrey Kendrick, Head of Research at Standard Chartered, this growth forecast is based on anticipated regulatory shifts following a projected Republican sweep in the recent election cycle, which could lead to mainstream adoption and real-world use cases for digital assets.
Bitcoin (BTC) surged past $76,000 on Friday, November 8, reaching an all-time high as political certainty surrounding the U.S. presidential election provided a boost to the cryptocurrency.
Though once skeptical of Bitcoin, Donald Trump gained strong support from the crypto community as a pro-crypto candidate in the 2024 U.S. presidential election.
Bitcoin has achieved new highs, surpassing $76,000 for the first time in history. This spike follows Donald Trump's victory in the US presidential election, which many investors believe will create a more favorable atmosphere for cryptocurrencies.
BlackRock's iShares Bitcoin Trust (IBIT) experienced an all-time high in net inflows, reaching $1.12 billion on Thursday, a substantial increase from the previous record of $872 million set on October 30.
Will the U.S. adopt a strategic Bitcoin reserve with Donald Trump headed back to the White House? Senator Lummis explains her plan.
Bitcoin holds above $75,000 following a recent all-time high, as analysts observe shifting market phases and trends.
Crypto analyst Benjamin Cowen suggests that Bitcoin (CRYPTO: BTC) dominance might continue climbing, even as it hits his long-standing 60% target, following the Fed's recent 25 basis point interest rate cut. What Happened: In an update on his YouTube channel, Cowen analyzed the Federal Reserve's decision to reduce rates to lowest level since February 2023 and maintain quantitative tightening by continuing to reduce its holdings in Treasury securities and mortgage-backed securities.
In less than a year, the iShares Bitcoin ETF (IBIT) surpassed the two-decade-old iShares Gold ETF (IAU) in net assets.
Stablecoin inflows to exchanges spike and Bitcoin price hits a new all-time just below $77,000 as investors prepare for a new crypto era under Trump's presidency.
The Bitcoin market has been bullish this week, smashing through the crucial $74,000 ceiling. This is partly because of the US elections, which have seen a lot of pro-crypto politicians being elected in America.
Two massive Bitcoin (BTC) whales have accumulated over $140 million worth of the flagship cryptocurrency from leading crypto trading platform Binance, after BTC's price saw a slight correction from a new all-time high. According to data shared by on-chain analytics firm Spot On Chain, one whale withdrew 1,225 BTC worth around $92.
As Bitcoin gains momentum, Michael Saylor, the executive chairman of MicroStrategy, took to X (Formerly Twitter) with a simple yet powerful message: "Ready to Go." His tweet quickly caught the attention of the crypto community, highlighting the optimism and expectations around Bitcoin's current price rise.
The crypto community responded enthusiastically when Donald Trump emerged victorious in the US election. As someone deeply invested in the ideals of blockchain and decentralized systems, I find myself navigating a complex mix of hope and healthy skepticism.
Peter Schiff, a vocal critic of Bitcoin (BTC), recently questioned the idea of the cryptocurrency serving as part of the U.S. strategic reserve, calling the idea a "ridiculous" plan. In his view, such a move would be ineffective and problematic, primarily due to Bitcoin's unstable volatility and potential impact on market stability.
During a recent appearance on CNBC's “Squawk Box,” Fundstrat's Tom Lee has predicted that the price of Bitcoin (BTC) could end up surging above the $100,000 level this year.
TL;DR Bitcoin and Ethereum options worth nearly $4.6 billion expire today, creating volatility in the market. The expiration of these options follows the US elections and FOMC updates, with high expectations for strategic moves. Implied volatility has decreased, although the market remains optimistic.
Yesterday, Bitcoin had one of its most bullish days in history, skyrocketing past its all-time high to reach $76,990. This new milestone has ignited widespread excitement and confidence among investors, who now see the potential for further gains.
Trump prepares revolutionary plans: cryptocurrencies at the forefront to counter the dollar crisis
El Salvador, the first nation state to adopt Bitcoin (CRYPTO: BTC) as a means of payment, is up 81% on its investments, according to on-chain analysis. What Happened: Spotonchain data shows El Salvador's strategic Bitcoin investments, led by president Nayib Bukele, have reaped gains of $24.54 million.
Milton Berg, the founder of MB Advisors, recently weighed in on the current state of Bitcoin, especially in the context of its surge to new all-time highs following the 2024 U.S. election.
The crypto market has surged in the wake of the US Presidential election results. Republican nominee Donald Trump beat Democratic candidate Kamala Harris to become the next president of the United States.
The US stock market and Bitcoin price reached record highs on Thursday following the Federal Reserve meeting and it's decision to cut interest rates and Fed Chair Jerome Powell's reassuring speech, where he dismissed concerns about his potential resignation following Donald Trump's election. Bitcoin (BTC) surged, reaching a new high of $76,990 before slightly retreating,
The Bitcoin market is somewhat stagnant on Friday, as the markets are still coming to terms with the breakout that we saw as a result of the US election. At this point, it should be noted that a lot of the elected officials are actually crypto-friendly.
After pro-crypto Donald Trump won the presidential election in the United States, sentiment across the cryptocurrency landscape shifted, leading to a notable market rally. Amid this, Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, has reached a new all-time high and is now approaching $80,000. $4.
If the Democratic Party is to have a future in US politics, it must embrace Bitcoin going forward.
BlackRock's Bitcoin ETF is now officially bigger than its famous Gold ETF. In just 10 short months, the Bitcoin ETF attracted a whopping $33.2 billion from investors, making it a massive success.
The US Federal Reserve reduced its interest rate by 25 basis points on Thursday, in a decision did not exactly come as a surprise.
The crypto market witnessed an accelerated bullish momentum following Donald Trump's victory as the 47th President of the United States. With the Bitcoin price entering price discovery, crypto analysts highlight a potential ‘parabolic' rally for BTC as it exits post-halving consolidation.
The correction has not lasted long, as almost all of the top 10 coins are in the green zone, according to CoinMarketCap.
Launched in January 2024, Bitcoin ETFs are close to a historic milestone. In less than 10 months after launch, Bitcoin ETFs are surpassing Gold-based trusts by aggregated market capitalization.
The shift from gold to Bitcoin ETFs highlights changing investor preferences, signaling a potential redefinition of safe-haven assets. The post BlackRock's Bitcoin ETF overtakes its Gold ETF in size appeared first on Crypto Briefing.
BlackRock has seen its biggest one day inflow yet at $1.120 billion disclosed on Thursday, though thought to have been purchased on Wednesday when bitcoin and stocks had outsized gains.
Fundstrat Head of Research Tom Lee recently suggested Bitcoin as a “potential Treasury reserve asset” that could play a unique role in managing national debt. He stated that traditional measures like adjusting taxes and spending may not be enough to address the growing US deficit.
Bitcoin's explosive rise nears six figures! Top analyst predicts BTC could reach $100K+ soon. Discover the factors driving this bullish momentum. Learn more! The post Can Bitcoin's Parabolic Rise Hit Six Figures? Analyst Says “Yes” – Here's How appeared first on Cryptonews.
Bitcoin spot ETFs on Nov. 7 saw a historic surge in investment, with total net inflows reaching $1.38 billion, the highest single-day figure to date. What Happened: BlackRock's (NASDAQ:IBIT) ETF alone accounted for $1.12 billion of this total, marking a record-breaking day for digital asset ETFs, according to data from SoSo Value.
Crypto traders rejoiced as pro-Bitcoin candidate Donald Trump won the US Presidential election in 2024, leading to numerous potential changes throughout the industry.
Trump is not going to be a good thing for Bitcoin, he will continue the same malicious path of regulation that has been followed under Biden.
BlackRock's IBIT attracted a record-breaking $1.12 billion in daily net inflows on Thursday, buoyed by favorable market conditions, and pro-crypto sentiment from the U.S. election.
Cryptocurrency mining firm HIVE Digital has released its October production results, showcasing a 51% year-over-year growth in its Bitcoin portfolio value.
It was a historic week for all financial assets and BTC led the charge by charting a fresh all-time high.
Upbit lists the DRIFT token, allowing traders to trade it against KRW, BTC, and USDT, boosting options and visibility for Drift ecosystem.