Financial analyst Jim Cramer endorsed owning cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) as a safeguard against government overspending and an ever-increasing deficit. What Happened: Cramer defended his pro-cryptocurrency stance, stating that the concerns over national debt are perpetual, CNBC reported Tuesday.
Bitcoin price momentum has grabbed significant attention as it gradually sheds some of its gains acquired in the past weeks. So far, Bitcoin has plunged 7.6% from its all-time high (ATH) of $99,645 seen last week.
Pantera Bitcoin Fund's jaw-dropping 1,000x return spotlights bitcoin's explosive potential, with founder Dan Morehead forecasting a transformative financial revolution yet to unfold.
In a sweeping move, Donald Trumps administration plans to shift regulatory authority over the $3 trillion crypto market to the Commodity Futures Trading Commission. The proposal focuses on Bitcoin and Ethereum, aiming to simplify rules and enhance oversight.
Bitcoin's rally toward $100,000 gains strength as stablecoin inflows into exchanges hit $213 million.
Since the day of its release, January 2024, Bitcoin ETF has seen a massive inflow from institutional investors, allowing it to diversify assets without owning Bitcoin on the crypto market.
Bitcoin (BTC) can visit the zone below $88,000 before resuming its push towards the $100,000 threshold if further downside is registered, according to a Glassnode report.
Rumble has committed up to $20 million in bitcoin as a treasury asset, citing its potential as an inflation hedge and key to strategic expansion in the digital economy.
As Bitcoin's price continues to fluctuate, several important metrics might be essential in determining the digital asset's next direction so that crypto enthusiasts and investors can position themselves for notable market shifts in the upcoming days.
Crypto markets are entering the week like a ticking bomb, primed by global macro pressures and critical technical levels.
Bitcoin has observed a plunge under the $93,000 level during the past day. Here's what the trend in an indicator suggests about what could be behind this downturn.
Cryptocurrency investment products saw a record weekly inflow of $3.13 billion over the past week, bringing their total year-to-date inflows to $37 billion as the crypto market rally keeps on going. According to CoinShares' latest Digital Asset Fund Flows weekly, Bitcoin investment products saw a total of $3.
Bitcoin is under pressure, with its price barely holding in the upper $90,000 range.
The U.S. Treasury Department recently reported that the national debt had surpassed the $36 trillion mark, reaching an all-time high. Analysts have spoken about the positive effects of a rising debt trend on bitcoin and how it would eventually trigger a devaluation of the U.S. dollar. U.S.
The stock market-listed Japanese firm Remixpoint will use its balance sheet to buy $3.2 million worth of Bitcoin (BTC). The post Japan's Remixpoint to Buy $3.2M Worth of BTC With Its Balance Sheet appeared first on Cryptonews.
NYSE Arca filed a 19b-4 Form to list a Bitwise exchange-traded product (ETP) offering direct spot exposure to Bitcoin (BTC) and Ethereum (ETH), weighted by their market capitalization. According to a Bitwise statement, the proposed Bitcoin-Ether ETP aims at simplifying portfolio allocation for investors seeking exposure to the crypto market's most established assets.
Bitcoin (BTC) is having a rough time, slipping below the $91,000 mark and hitting an intraday low of $90,742. The global crypto market has taken a 3.24% dip, bringing its total value down to $3.16 trillion as of Tuesday afternoon.
XRPs push to $2 by November is at a critical juncture, with analysts pointing to Bitcoins support as the deciding factor. If the rally sustains, XRP may not only hit $2 but also pave the way for double-digit gains.
The sell-off represents a reversal of whales buying hundreds of thousands of bitcoins in October, according to the same data set.
In an interview with CNBC on Monday, Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ: MARA), shared his bullish outlook on Bitcoin. He emphasized the growing institutional interest and a favorable regulatory environment that could propel the BTC price to new highs.
To get the latest market news check out finance.yahoo.com Bitcoin prices (BTC-USD) retreated about 2% on Tuesday as the cryptocurrency's bid to reach the $100,000 milestone lost steam. The largest digital currency, which posted its longest losing streak since Trump's election win, traded just around $92,500 per token in early afternoon trade.
The Pantera Bitcoin Fund has seen a 131,165% lifetime return since launching in 2013 amid the post-election market rally.
The asset has significantly backpedaled in a correction that appeared to intensify on Monday, November 25.
Bitcoin miners are making waves by turning towards AI. But not every strategy is going to be successful.
For years, Bitcoin has been receiving complaints about its intensive energy requirements and use of complex computer equipment. As such, the BTC mining industry is continuously looking for ways to address the cryptocurrency's high energy use without sacrificing its generation.
New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience.
The investment manager thinks the small Central American country will lead the region in terms of crypto and tech innovation.
The path forward for these three top tokens is becoming increasingly difficult to predict.
Bitcoin looked poised to claim the $100,000 milestone but reversed course just shy of the six-figure mark. Analysts are hopeful the rally will soon resume.
The asset manager is extending its fee waiver until January 2026 for up to $2.5 billion in assets under management.
Economist Alex Krüger thinks Bitcoin (BTC), memecoins and other altcoins are primed to surge for the next few months. Krüger outlines his prediction for the crypto market to his 190,500 followers on the social media platform X. “Stage 1. Bitcoin runs. Stage 2. Memecoins join. Stage 3. Altcoins join.
The absence of Bitcoin ETF demand during the weekend may have created a set-up for short liquidations.
After the 2024 US election, Bitwise and other asset managers seem to have been testing the regulatory waters for previously unapproved spot cryptocurrency ETFs.
Bitcoin (BTC) holder cohorts sold in the past month, including outflows from miners. All coins found counterparties, while BTC set new price records.
Brazilian lawmaker Eros Biondini introduced legislation proposing the creation of a Bitcoin (BTC) Sovereign Strategic Reserve (RESBit) with an allocation of up to $18.6 billion — equivalent to 5% of Brazil's international reserves as of September.
Brazil's Chamber of Deputies has formally introduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to diversify national financial assets and strengthen economic resilience.
The cryptocurrency market is set to face a major event, with $9.4 billion worth of Bitcoin options and $1.3 billion worth of Ethereum options set to expire. This event could trigger significant volatility in the market, especially after the U.S. Thanksgiving holiday, leaving traders and investors on edge.
The digital platform is the latest to join the Bitcoin wave, following the MicroStrategy chief's endorsement.
Bitcoin suffered a steep decline four years ago around Thanksgiving after being turned away at the $20,000 level. The action this year after failing at $100,000 is similar, though less severe so far.
Rumble, the conservative-leaning video platform, announced on Monday night that it will channel up to $20 million of its extra cash into Bitcoin. As soon as the news broke, Rumble's stock shot up almost 4% in after-hours trading.
Pantera Capital Management, which launched its Bitcoin Fund in July 2013, has seen a 1,000-fold increase with returns of over 132,118%. The hedge fund started buying bitcoin back when one token cost $74.
Bitcoin emerged in 2009, it was hailed as a revolutionary alternative to traditional financial systems, aiming to enable seamless transactions without intermediaries like banks. Its core thesis as a medium of exchange—a decentralized currency designed for direct, peer-to-peer transfers—was central to its creation.
Brazil's proposed Bitcoin strategic reserve may hold up to 5% of the country's international reserves. The post Bitcoin strategic reserve bill introduced in Brazil's Congress appeared first on Crypto Briefing.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Transform Venture CEO Michael Terpin discusses the different stages of bitcoin market cycles, and whether he believes the post-U.S. election rally is sustainable.
CNBC crypto reporter Tanaya Macheel joins Halftime Report to break down bitcoin's retreat from $100,000 and how long-term bitcoin holders have been selling in November as institutions bought ETFs.
American stock exchange outfit NYSE Arca has submitted a 19b-4 filing on behalf of Bitwise Asset Management to list combined Bitcoin and Ethereum ETP products. As an asset manager with $11 billion in managed funds, this filing will deepen the exchange's foothold in the crypto market.
Cryptocurrency markets are trading lower on Tuesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $91,912.69 -2.9% Ethereum (CRYPTO: ETH) $3,277.87 -4.8% Solana (CRYPTO: SOL) $226.08 -5.1% Dogecoin (CRYPTO: DOGE) $0.3746 -6.8% Shiba Inu (CRYPTO: SHIB) $0.00002385 -6.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 77.4% and daily active addresses up by 16.4%.