A Bitfinex hacker has been sentenced to five years in prison for crypto theft and money laundering.
Bitcoin (BTC) has recently experienced a massive surge, rising over 39% since November 5th to reach a new record high of $93,250 on Wednesday. However, the largest cryptocurrency by market capitalization has since experienced a pullback and is currently trading around $88,800.
Bitcoin's price has been on a tear, surging over 40% this month alone, cementing a remarkable 120% year-to-date gain. From its 2022 cycle lows, it has skyrocketed nearly 500%, fueling excitement across the crypto community. With the upcoming U.S.
A guide beyond the hype that helps you avoid common mistakes and make informed decisions when entering the bitcoin market for the first time.
Bitcoin has been on a remarkable surge recently, with its price increasing by 20.6% in the past week alone. Currently hovering around $90,000, the cryptocurrency is inching closer to a major milestone: $100,000.
Spot Bitcoin exchange-traded funds in the United States experienced an outflow day on Nov. 14, ending their six-day inflow streak that had brought over $4.73 billion into the funds.
Investment management firm VanEck has rolled out a bullish projection for Bitcoin (BTC) amid recent price spikes. Bitcoin reached new high levels, with whales and institutional investors tipping massive price points this cycle.
The queen of cryptos continues its meteoric rise, now surpassing Saudi Aramco to become the seventh most valuable asset in the world. With a market capitalization of $1.81 trillion, Bitcoin is approaching the tech giant Google.
What if Bitcoin could help the U.S. cut its huge $33 trillion debt by $16 trillion? Sounds unbelievable, right? But MicroStrategy CEO Michael Saylor thinks it's possible. He believes that if the U.S.
According to Fox Business, they've introduced a new bill called the Pennsylvania Bitcoin Strategic Reserve Act. If this bill passes, it would allow Pennsylvania's treasury to invest up to 10% of its savings.
Bitcoin's journey to $100,000 seems increasingly likely after it surpassed $90,000, driven by post-election optimism, strong ETF inflows, and historical market trends.
The recent Bitcoin rally has driven Coinbase to the ninth spot in global app rankings, followed by Robinhood at 13.
Friday means another Bitcoin options expiry event is due, and it is another big one, as markets have been surging recently.
The crypto market will witness $3.98 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts expire today. This massive expiration could impact short-term price action, especially as both assets have recently declined.
Bitcoin has reached a major milestone by surpassing the $90,000 price mark, marking a significant moment in its ongoing bullish rally. The price surge has drawn the attention of existing investors and attracted a new wave of market participants.
Bitcoin's recent price action has been closely tied to a crucial financial metric: the NDX/SPX ratio, which compares the performance of the Nasdaq 100 (NDX) to the S&P 500 (SPX). This ratio has proven to be a strong indicator of investor sentiment, especially toward technology stocks.
Bitcoin spot exchange-traded funds (ETFs) experienced a sharp reversal on November 14, posting a combined net outflow of $400.7 million. The post Spot Bitcoin ETFs See $401M Outflow, Breaking Six-Day Inflow Streak appeared first on Cryptonews.
Michael Saylor is preparing a party for Bitcoin to hit $100,000 this year, claiming Bitcoin won't fall to $60,000 as predicted by some analysts.
Bitcoin whales drive momentum, hinting at a potential bullish rally.
The crypto market has experienced a severe drop, with altcoins suffering the most significant losses. Bitcoin recently pulled back around 5%, and smaller-cap altcoins dropped sharply by 10- 20%.
Bitcoin has been making some big moves lately. After the U.S. elections on November 5, the Bitcoin price shot up by about 30%. As of November 13, it even reached almost $93,500, before dropping a bit to $88,100 a couple of days later. VanEck predicts Bitcoin will go $180,000 by 2025.
Bitcoin (BTC), Trump has now transformed into one of its most vocal advocates. During his campaign, Trump not only supported the idea of a “strategic national Bitcoin stockpile” but also criticized the Biden administration for its tough stance on cryptocurrencies.
On Nov. 14, 2024, a mysterious mega whale, tracked by our newsdesk since 2020, splashed back onto the scene by shifting an impressive 40 block rewards from 2010—a total of 2,000 BTC.
The massive Bitcoin (BTC) rally following Donald Trump's victory in the US presidential election is beginning to show signs of slowing down, particularly in the derivatives market, as evidenced by the leading digital asset's retreat below the $90,000 mark on Thursday. Bitcoin Experiences Significant Liquidation Activity According to Bloomberg data, the premium for CME-listed Bitcoin futures contracts—commonly used by institutional investors to speculate on price movements—has decreased, indicating a potential shift in market sentiment.
In a recent interview with CNBC, MicroStrategy co-founder Michael Saylor predicted that the price of Bitcoin could reach $100,000 by the end of this year.
MicroStrategy chairman Michael Saylor has once again stressed the importance of the US having a strategic Bitcoin Reserve. In his latest CNBC interview, Saylor said that accumulating one million Bitcoins over the next five years can help the government reduce the US national debt by a staggering $16 trillion i.e.
Bitcoin's latest surge in price has been largely driven by strong spot buying activity, despite leverage in the futures market hitting new all-time highs. A recent report from Glassnode highlights the growing demand from retail investors, with spot buying on platforms like Coinbase playing a central role in Bitcoin's recent price movements.
Spot crypto ETFs in the US have seen outflows for the first time since Donald Trump was elected, as both Bitcoin and Ethereum fell on the day.
DigitalX's Bitcoin fund, which is separate to its ETF on the ASX has posted a 99% yearly gain, outpacing its rivals.
The crypto prices today have illustrated a set of mixed actions, sparking investor speculations globally. Bitcoin (BTC) price reversed previous gains to rest at $88K, whereas Ethereum (ETH) and Solana (SOL) prices followed.
A Pennsylvania lawmaker has introduced a bill allowing state funds to invest in bitcoin as a hedge against inflation, aiming to strengthen financial stability.
“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump's return to office,” QCP Capital traders said in a Friday broadcast.
Polymarket bets 76% odds on Bitcoin reaching $100,000 by 2025. Explore BTC's recent surge, market optimism, and if it's the right time to invest. The post Bitcoin Price Analysis: Polymarket Puts ‘76%' Odds on $100,000 Surge by 2025 – Time to Buy? appeared first on Cryptonews.
Galaxy Digital's CEO predicts bitcoin could soar to $500,000 if Trump follows through with plans for a U.S. strategic bitcoin reserve, redefining global crypto policy. $500,000 Bitcoin? Bold Predictions as US Considers Strategic Crypto Reserve Michael Novogratz, CEO of Galaxy Digital, has predicted that bitcoin's value could surge to $500,000 if the U.S.
Matthew Sigel, VanEck's head of digital assets research, says Bitcoin is in “blue sky territory” and expects the cryptocurrency to run up to $180,000 in 2025.
Bitcoin has experienced a remarkable rally, climbing from $68,000 on US election day to a new all-time high (ATH) of $93,400 earlier today. The sharp increase, amounting to a $25,000 gain in less than 10 days, has driven significant enthusiasm in the market, with many investors anticipating continued growth.
Bitcoin (BTCUSD) reached a fresh all-time high of $93483 and showed a minor sell-off.It is currently trading at around $91122. Increased Selling Pressure from Miners This week, Bitcoins Miner Position Index (MPI) reached a yearly high, indicating increased selling pressure from miners who are cashing in on profits after Bitcoins recent surge to an all-time high of $89,940.
US-traded spot Bitcoin (BTC) exchange-traded funds (ETF) collectively hold approximately 1.07 million BTC as of Nov. 14, worth nearly $96 billion at current prices. Bloomberg ETF analyst James Seyffart highlighted that the ETFs might soon surpass Bitcoin's pseudonymous creator Satoshi Nakamoto's stash, estimated at 1.1 million BTC.
Bitcoin (BTC) recently reached a new all-time high (ATH) of $93,477, as the leading digital asset inches closer to the highly anticipated $100,000 target. Notably, the ongoing price rally has seen relatively muted profit-taking, fueling hopes that BTC has further room to surge.
Bitcoin price saw a short-term correction from the $93,450 zone. BTC is now consolidating gains near $87,000 and might attempt another increase in the near term.
Bitcoin's price tumbled after the United States Federal Reserve Chair Jerome Powell cast doubt on an interest rate cut in December.
Goldman Sachs' increased investment in Bitcoin ETFs signals growing institutional confidence in cryptocurrency as a mainstream asset class. The post Goldman Sachs holds $461 million in BlackRock's IBIT, new filing reveals appeared first on Crypto Briefing.
XRP rallies 12% as SEC Chair Gensler hints at resignation; could the SEC withdraw its Ripple appeal?
The Bitball league will let players earn in Bitcoin, aiming to cut out middlemen and create lasting wealth for athletes, Okung told Decrypt.
Skybridge Capital's founder predicts bitcoin could reach $150,000 with eased regulations, noting that the Trump administration's approach could help depoliticize crypto policy. Can Depoliticized US Policy Finally Push Bitcoin to $150,000? Skybridge Capital founder Anthony Scaramucci shared insights into potential U.S. policy changes affecting bitcoin and cryptocurrency in an interview with Saxo.
BlackRock's Bitcoin ETF, known as IBIT, has achieved a remarkable feat by surpassing $40 billion in assets under management (AUM) in just 211 days. This rapid growth places IBIT in the top 1% of all ETFs by AUM and sets a new benchmark for speed in the ETF industry.
The Royal Government of Bhutan recently sold 367 Bitcoin, valued at approximately $33.5 million, via Binance.