The latest transfer follows the $66 million worth of bitcoin the Royal Government of Bhutan deposited to the exchange in October.
TL;DR US Bitcoin ETFs surpassed $500 billion in cumulative trading volume in less than a year. BlackRock leads the market with its IBIT Bitcoin ETF, which recorded a record daily volume of $5.2 billion. Bitcoin prices have soared, reaching $90,738 amid growing demand for crypto-based financial products.
Bitcoin price surpassing $100,000 is within reach. The crypto laser eyes craze has turned from a delusional and flashy trend to a backed statement by actual fundamentals followed by some politicians.
The Bitcoin market is currently testing the $90,000 region, a large, round, psychological number that a lot of people will be watching. After all, this is a market that has recently seen a breakout, and as a result, there is a lot of digestion to be done.
A popular analyst believes Ethereum (ETH) will continue to have a strong presence in the crypto market. Despite Ethereum being often criticized for not being as decentralized as Bitcoin (BTC) or as user-focused as other blockchains like Solana, Arnold sees its future as promising.
TL;DR DeFi Technologies launches CoreFi Strategy, a MicroStrategy-inspired leveraged strategy to amplify the returns of Bitcoin and the CORE token. CoreFi Strategy utilizes a dual staking and non-custodial staking model to generate sustainable returns, providing exposure to the BTCfi sector.
Ethereum staking ETFs may be the next prize for issuers following the election of Donald Trump and Republican control in both the House and the Senate.
In this rapidly evolving cryptocurrency landscape, Bhutan is gaining significant attention from crypto enthusiasts due to its mindful approach to crypto. Government of Bhutan Dump $33.
Bitcoin shatters records, surpassing $93,000 and causing massive liquidations. Analysts predict even higher targets as BTC enters uncharted territory.
In its latest partnership, Breez teams up with Mexican neobank Yopaki to offer Mexican Bitcoin users a non-custodial Lightning solution.
The Bhutan Government transferred a significant amount of Bitcoin to Binance, possibly to take profits.
During a Thursday appearance on CNBC's "Squawk Box," Matthew Sigel, head of digital asset research at VanEck, stated that the ongoing cryptocurrency rally was just "getting started."
U.S. spot bitcoin and ether exchange-traded funds posted another day of gains on Wednesday, with the leading crypto asset holding strong above the $90,000 mark. Bitcoin ETFs Soar: Blackrock, Fidelity Lead $510M Inflows On Nov. 13, the 12 spot bitcoin exchange-traded funds (ETFs) saw a strong inflow of $510.11 million.
Canadian firm DeFi Technologies introduced the CoreFi Strategy to provide leveraged, regulated Bitcoin and CORE returns.
Bitcoin's price continued its strong bullish trend this week, with many analysts believing that the rally has more room to run. Bitcoin (BTC) was trading at $91,200 on Thursday, Nov. 14, bringing its year-to-date gains to 115%.
Bitcoin's surge above $90,000 has left investors wondering if it still has room to run.
Elon Musk, the Tesla billionaire who has been named by U.S. president-elect Donald Trump to lead the new "Department of Government Efficiency".
The latest US Producer Price Index (PPI) data showed that the inflation has come in at 2.4%, up from the September reading of 1.9%. This comes a day after the US CPI inflation figure showed a spike in the inflationary figure for the first time in eight months.
President-elect Donald Trump has nominated Pete Hegseth, a seasoned military officer, Harvard-educated policy expert, and cryptocurrency enthusiast, as his Secretary of Defense. The announcement came via a Trump-Vance transition statement on Tuesday, marking a significant shift in potential defense leadership. Hegseth, 44, brings a diverse background spanning military service, veterans' advocacy, and media influence.
The Bhutan government moved part of its BTC holdings to the Binance exchange as it sought to offload these coins. This move comes amid the recent parabolic rally for the Bitcoin price, which indicates that the government might simply be looking to secure profits.
Bitcoin keeps surprising us. While some were starting to get used to its rollercoaster rides, the flagship cryptocurrency has reached a new milestone by hitting a historic high of $93,500.
President Trump's administration reportedly plans to eliminate capital gains taxes on cryptocurrencies issued by U.S.-registered companies. If enacted, this move would exempt American investors from taxes on profits gained from holding certain digital assets.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 14, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
In a remarkable development, Bitcoin founder Satoshi Nakamoto has risen to the ranks of the world's wealthiest individuals. With Bitcoin's value soaring, Nakamoto's estimated holdings have catapulted him to 19th place on the global rich list.
The Cardano Foundation has released its inaugural Financial Insights Report for 2023, detailing the foundation's expenditures and investments across critical areas to support the network's growth.
The bulls face their true challenge ahead, as pullbacks threaten to shake their momentum.
Matthew Sigel, VanEck head of digital asset research, joins CNBC's 'Squawk Box' to discuss outlooks on crypto.
Analysts say BTC could rally as high as $150k-$200k this cycle; however, Santiment insists retail investor behavior would tell when the asset tops this season.
Bitcoin ($BTC) hit an all-time high of $93,500 on Wednesday. With heavy net inflows a daily occurrence just from the U.S. Spot Bitcoin ETFs alone, it would only seem a matter of time before $BTC achieves the magic high of $100,000.
Bitcoin's (CRYPTO: BTC) relentless climb over the $90,000 level has investors cheering, yet a specific technical indicator is sparking caution among experts, suggesting potential vulnerability in the current rally. What Happened: The stochastics indicator, which has reached 90%—a level typically associated with overbought conditions—is prompting market watchers to advise caution, even as the bull market remains intact.
Discover Hyla Fund's $30M initiative to boost crypto in Latin America, while Bitcoin briefly hits $93,000 as Trump's crypto-friendly policies spark interest. The post Hyla Fund's $30M Bet on Latin America's Crypto Future with Bitcoin Nears $93,000 appeared first on Cryptonews.
The market has not reached the overbought zone yet, according to CoinStats.
The US ETFs have bought $510 million worth of bitcoin on Wednesday with Fidelity buying $186 million, their highest figure for the week.
Luis Stuhlberger, a legendary Brazilian hedge fund pioneer, disclosed that Verde, the firm he leads, built a bitcoin position before Trump's victory. The firm remarked that President Trump's intentions should be taken seriously, including his cryptocurrency-linked proposals.
On-chain data shows the average Bitcoin inflow to Binance has seen rapid growth over 2024, implying whales have been using the exchange more.
Bitcoin remains well bid following its shock-and-awe rally above $90,000 for the first time in its 15-year lifetime. The world's largest cryptocurrency smashed through this lofty price point on the back of pro-crypto president-elect Donald Trump's successful presidential campaign.
As bitcoin reached a new all-time high above $93,500 on Wednesday, some large-scale miners took the opportunity to realize profits.
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Bitcoin dominance continues its uptrend and hits new highs as ETF inflows soar.
On Wednesday, Bitcoin (BTC) hit a new all-time high (ATH) of $92,000. While the price dropped slightly this morning to about $91,000, one key metric shows more bullish momentum on the horizon.
What are the best meme crypto of the moment?
Robinhood lists XRP, SOL, ADA, and PEPE, expanding crypto offerings to U.S. customers amid a shifting regulatory landscape.
Decentralized protocol Prosper secures investment from BIT Mining as it expands its solution to include institutional-grade Bitcoin mining and liquidity farming.
There are several forecasts suggesting that in November or December the price of BTC could reach the fateful $100,000.
Data from CryptoQuant showed that 25,367 BTC flowed out of miner wallets as Bitcoin approached $90,000 on Nov. 12.
Bitcoin has been surging since Donald Trump's surprising win, rising by 21% in the last 7 days and hitting a new ATH. For most people, Donald Trump's win is the obvious explanation for Bitcoin's new success.
DeFi Technologies launches CoreFi Strategy, a high-beta Bitcoin vehicle inspired by MicroStrategy, offering investors access to Core blockchains BTCfi opportunities. The post DeFi Technologies launches CoreFi, a MicroStrategy-inspired model for leveraged Bitcoin gains appeared first on Crypto Briefing.
The Florida Congressman would "root out the systemic corruption at DOJ," Trump wrote about the nomination.