Solana, one of the top-performing cryptocurrencies, is on the verge of breaking a significant price barrier. After a 15% surge in recent days, Solana is testing a critical resistance level at $160.
The US Securities and Exchange Commission approved NYSE and CBOE's bids to list options for bitcoin exchange-traded funds.
The decision follows Nasdaq recently also getting permission for options on spot bitcoin ETFs.
Bitcoin's open interest hits $20 billion as whales accumulate, giving it the boost to hit a new high.
Traders believe that the approval of options for Bitcoin exchange-traded funds will inject much-needed liquidity into the markets.
On Friday, bitcoin reached its highest price since late July, coming within just $2 of breaking through the $69,000 mark. Recent data shows the cryptocurrency market has been on a consistent upward trend, with the entire digital asset economy now valued at $2.35 trillion, reflecting a 2.63% rise over the last day.
The SEC has given NYSE American LLC the green light to list and trade options on multiple spot bitcoin exchange-traded funds.
A sharp uptick in Solana network activity and the blockbuster performance from memecoins back SOL's rally toward $180.
Before bitcoin took the spotlight, several digital currencies aimed to change the way we exchange value, but none could withstand the test of time. Ecash, E-gold, Liberty Reserve, and Q coins each had their moment, only to fall short in the end.
In the last five trading days, spot bitcoin ETFs have seen net inflows of more than $2.1 billion, with BlackRock accounting for half of those sales.
The “2024 State of Crypto” report by a16z Crypto, the investment arm of the venture capital firm Andreessen Horowitz, reveals remarkable trends that underline the industry's rapid growth and diversification. The report highlights a significant uptick in crypto activity, with a record 220 million monthly active addresses reported as of September 2024 an impressive threefold increase since the end of 2023.
Bitcoin is roaring back. While everyone has been fixated on the stock market, Bitcoin has been creeping up, launching a bull market that most weren't paying attention to.
New developments in the SEC's lawsuit against Binance indicate the regulator is ratcheting up its case against SOL and other crypto tokens—not backing down, as some had hoped.
Bitwise CIO Matt Hougan said Bitcoin (BTC) is poised for a significant rally to a “six-figure” price amid a convergence of several key factors driving investor enthusiasm. In a social media post on Oct.
Hayes highlights the Arab oil embargo and Iranian revolution to demonstrate hard assets' superior performance under crises.
Solana (SOL), the world's fifth-biggest cryptocurrency by market cap, is poised for a massive upside rally as it approaches a mega-bullish breakout. Most on-chain metrics suggest a strong bullish signal ahead of the breakout.
A widely followed crypto analyst says that one artificial intelligence (AI)-based altcoin looks strong while updating his outlook on Solana (SOL) and a handful of memecoins. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 224,800 followers on the social media platform X that Fetch.
Cryptocurrency markets are trading higher as BlackRock's Bitcoin ETF accumulated $1 billion in BTC this week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $68,954.45 +2.9% Ethereum (CRYPTO: ETH) $2,665.94 +2.9% Solana (CRYPTO: SOL) $156.04 +5% Dogecoin (CRYPTO: DOGE) $0.1388 +14.2% Shiba Inu (CRYPTO: SHIB) $0.00001889 +6.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 16.4% and daily active addresses growing by 19.9%.
Trading platform Robinhood Markets (NASDAQ:HOOD) has grown from a strong base of young users and retail users into a platform that caters to all, a development the company's Chief Brokerage Officer Steve Quirk told Benzinga is "kind of exciting to see" during the 2024 HOOD Summit. Robinhood's Growth: With a long career in the trading world at TD Ameritrade and the Cboe, Quirk has seen trends come and go in the stock market.
Bitcoin price is hovering near $68,500 as bulls seek further strengthening towards the previous all-time high. Meanwhile, several meme coins have seen a decent spike in prices over the past week as the US election draws ever closer and bullish crypto sentiment solidifies.
Geopolitical tensions escalate in the Middle East, especially with the potential for conflict involving Israel and Iran, some financial experts are speculating about the impact on cryptocurrency markets. Notably, Arthur Hayes, the co-founder of BitMEX, has put forward an intriguing perspective: that such a war could actually lead to a significant increase in Bitcoin's price.
Institutional accumulation through self-custodial services is rising as Bitcoin whales hold a record stake in BTC.
After reaching new local highs recently, Bitcoin is at a turning point, pushing the market into a cautious yet optimistic mood. Despite the surge, analysts and investors remain wary, as BTC has repeatedly dropped from these levels since March, leading to concerns about another potential decline.
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, Chris Metinko of Crunchbase breaks down the latest VC funding data for web3 startups.
Bitcoin ETF inflows have accelerated this week as the 2024 presidential election tightens in its final weeks.
Slowly but surely, El Salvador is on its way to mass Bitcoin adoption.
Bitcoin's price has been soaring lately, but not all traders are celebrating. Despite its recent gains, many are worried about a possible dip before the next big surge.
Bitcoin, the leading cryptocurrency by market cap, briefly touched the $69,000 level on the Binance exchange at 18:46 UTC.
Bitcoin advocate Samson Mow addresses the German Bundestag, driving efforts to accelerate global hyperbitcoinization.
TL;DR Matt Hougan, CIO of Bitwise, predicts that the price of Bitcoin will reach six-figure numbers due to whale accumulation, which acquired 60,000 BTC in 24 hours. The demand for Bitcoin ETFs in the U.S. has recorded over $20 billion in net inflows in less than ten months.
Wall Street veteran Max Keiser has shared an extremely optimistic outlook for Bitcoin's (BTC) near-term trajectory. In a recent post on X, the prominent Bitcoin propounder predicted that the Bitcoin price is headed to the ambitious $220,000 level.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
This week has seen a resurgence in trading activity, with a notable 10% increase in the global crypto market capitalization. As a result, large coin holders, also known as whales, have started accumulating certain coins.
Craig Wright is accusing Bitcoin Core developers of misleading the market, claiming that the integration of recent upgrades has altered Bitcoin's original design.
Bitcoin, the pioneer cryptocurrency, has been trading sideways for the past seven months, struggling to maintain a directional uptrend. While the ‘Uptober' has boosted the BTC price for the next breakout attempt from $70,000, these three cryptocurrencies are gathering even more momentum with technical breakouts, increasing whale activity.
Anatoly Yakovenko, Solana's co-founder, recently pointed to a deep divergence in how Solana and Ethereum see resource satiation and price discovery. He explained that once a global resource becomes saturated on Solana, the current pricing mechanisms begin to be suboptimal.
Crypto trader Cold Blooded Shiller has outlined a bullish outlook for Bitcoin (CRYPTO: BTC), pointing to technical analysis and market psychology as key factors for a potential breakout. What Happened: In a Friday update on his YouTube channel, the trader emphasized the significance of Bitcoin's recent price action, particularly the formation of a higher high and higher low pattern on higher timeframes.
Plasma unveils its upcoming Bitcoin scaling solution built on a native UTXO foundation.
Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?
As Bitcoin (BTC) approaches the $70,000 resistance level, a crypto analyst has highlighted chart patterns that suggest BTC could reach a peak between $140,000 and $160,000 during this cycle.
Bitcoin's bullish thesis for trading above $100,000 has only solidified in recent weeks, Bitwise CIO Matt Hougan asserted in a new X post.
The BRICS alliance is growing stronger as it continues to reflect shifts to alternative asset classes like Bitcoin and XRP. While the speculation regarding a shift to cryptocurrency is growing, Russian President Vladimir Putin just shared insight into what to expect.
TL;DR Plasma is an innovative payment infrastructure on Bitcoin, designed to eliminate unnecessary costs in the payments sector. This solution uses the USDT stablecoin and a unique consensus mechanism, allowing for the processing of more than 1,000 transactions per second. With the support of Bitfinex and a fundraising of $3.
Samson Mow, the CEO of Bitcoin technology firm Jan3, publicly advocated for Germany to adopt Bitcoin as part of its national strategic reserves.
Bitcoin's steady rise past $67,000, fueled by institutional inflows into Spot ETFs, leaves retail investors craving explosive gains.
Goatseus Maximus (GOAT), a Solana meme coin, has captured the attention of crypto whales following a 260% price surge over the past 30 days. On October 15, GOAT's price was $0.10.