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news-imageNovember 15, 2024

Bitcoin Spot Buying Surges as Futures Leverage Hits All-Time High

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.
Publisher: The Currency Analytics
Sentiment: Positive
BTC

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Positive
cover-imageCointribune
November 15, 2024

Bitcoin Soon To Be Valued As Much As Google

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.

Positive
cover-imageAltcoin Buzz
November 15, 2024

Pennsylvania's New Bitcoin Reserve Plan

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.

Positive
cover-imageCoinPedia
November 15, 2024

VanEck Bitcoin Prediction : BTC will be $180,000 by 2025!

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.

Neutral
cover-imageNewsBTC
November 15, 2024

Record-Breaking Bitcoin Rally Post-Trump Victory Begins To Cool In Derivatives Trading, What's Next?

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.

Positive
cover-imageBitcoin
November 15, 2024

$500K Bitcoin: Novogratz's Take on US BTC Reserve Plan

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.

Positive
cover-imageThe Currency Analytics
November 15, 2024

Bitcoin Reaches Temporary Peak at $93K: Will a Pullback Follow

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.

Positive
cover-imageTokenpost
November 15, 2024

Bitcoin Hits New All-Time High: Will Profit-Taking from Whales and Rising Miner Position Index (MPI) Trigger a Correction?

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.

Positive
cover-imageCryptoSlate
November 15, 2024

US Bitcoin ETFs now hold 1 million Bitcoin worth $96 billion

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.

Positive
cover-imageBitcoin
November 15, 2024

$150K Bitcoin: Scaramucci Sees Trump Depoliticizing Crypto, Fueling BTC's Next Surge

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.

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