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news-imageNovember 15, 2024

Bitcoin Price Analysis: BTC Nears $90,000 Amid Trump's Pro-Bitcoin AG Nominee

Bitcoin nears $90,000 as Trump's pro-Bitcoin AG nominee boosts investor optimism. Will BTC hit new highs amid regulatory shifts? Read our analysis. The post Bitcoin Price Analysis: BTC Nears $90,000 Amid Trump's Pro-Bitcoin AG Nominee appeared first on Cryptonews.
Publisher: Cryptonews
Sentiment: Positive
BTC

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Positive
cover-imageCrypto Economy
November 15, 2024

VanEck Says Bitcoin's Path to $180K Has No Technical Resistance

TL;DR VanEck predicts Bitcoin could reach $180,000 by 2025, with no technical resistance in its path, according to Matthew Sigel, head of digital assets research. Bitcoin has surged nearly 30% since November 5, reaching a record of just under $93,490, driven by favorable sentiment following Donald Trump's return to the U.S. presidency.

Positive
cover-imageDecrypt
November 15, 2024

Goldman Sachs Discloses $710 Million Bitcoin ETF Holdings in SEC Filing

Goldman Sachs has significantly expanded its Bitcoin ETF holdings, as revealed in its latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The Wall Street giant holds $710 million across various Bitcoin exchange-traded funds (ETFs), according to its latest SEC filing for the quarter ending September 30.

Positive
cover-imageBitcoinist
November 15, 2024

Bitcoin Top In? Binance Withdrawals Could Suggest Otherwise

On-chain data shows Bitcoin has continued to flow out of the cryptocurrency exchange Binance even after its latest high above $93,000. Bitcoin Binance Netflow Has Been Seeing Negative Spikes Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for Binance has registered negative values recently.

Negative
cover-imageCrypto Daily
November 15, 2024

Bitcoin ($BTC) falls after hawkish comments from Fed chairman Powell

From a fairly comfortable expectation of another Fed rate cut in December, the market has reacted negatively to Fed Chairman Jerome Powell's remarks on Thursday, hinting that a December rate cut may not be forthcoming. Stocks fell on the news, and Bitcoin ($BTC) suffered a deeper retracement before staging a recovery early on Friday.

Positive
cover-imageCoinPedia
November 15, 2024

Goldman Sachs Shocks Wall Street with $710M Bitcoin ETF Bet

Goldman Sachs has reported a big increase in its Bitcoin ETF holdings, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). As of September 30, the bank held $710 million in Bitcoin ETFs. This includes a 156% increase in $BITB shares and a 116% rise in $GBTC shares since August.

Positive
cover-imageThe Currency Analytics
November 15, 2024

Bitcoin's Future: Bitwise CIO Says You're Still Early at $88K

Bitcoin has been on a tear, recently surpassing $88,000, but for Matt Hougan, the Chief Investment Officer (CIO) at Bitwise Asset Management, this is just the beginning. Despite the impressive rally, Hougan told investors that they are still early in the game and Bitcoin has much further to go—potentially up to $500,000 per coin before reaching maturity.

Neutral
cover-imageInvezz
November 15, 2024

The Trump effect: Bitcoin's wild ride takes a breather

The Bitcoin market, ablaze with speculative fervor following Donald Trump's election victory, is experiencing a period of relative calm as investors await concrete policy developments. The cryptocurrency's meteoric rise, fueled by Trump's pro-crypto stance, appears to be moderating, prompting traders to reassess their positions.

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