Bitcoin crossed $77,000 on Friday, Nov.8, setting another all time high for the second consecutive day.

At precisely 2:30 p.m. ET on Friday, bitcoin reached a fresh all-time high on Bitstamp, hitting $77,112 per coin. This latest peak redefined bitcoin's USD value once again. Trading in the mid-$76,500 range, bitcoin gained about 1% over the past 24 hours. Over the week, BTC has climbed 10.7%, showing a 14.

New data reveals that asset management titan BlackRock's Bitcoin (BTC) exchange-traded fund (ETF) has surpassed its gold counterpart in terms of net assets.

Bitcoin, the leading cryptocurrency by market capitalization, has surpassed the $77,000 level for the first time.

Stacks seeks to usher in a wave of adoption and innovation following its Nakamoto upgrade.

The total liquidations over the past 24 hours exceed $260 million.

Crypto analysts are seeing signals that Ethereum (CRYPTO: ETH) may soon rally against Bitcoin (CRYPTO: BTC), potentially reversing recent underperformance. What Happened: According to Lookonchain, a major Ethereum whale with holdings of 398,891 ETH ($1.14 billion) recently sold 29,897 ETH at $2,839 for a profit of $84.7 million (810x return), signaling confidence among some high-stake investors in ETH's future trajectory.

Tether, the issuer of the world's largest stablecoin, has recently minted $2 billion worth of USDT on the Ethereum network, while simultaneously reallocating funds across multiple leading cryptocurrency exchanges. This move, coming on the heels of an earlier $1 billion mint on the Tron blockchain, has caught the attention of the crypto community and market analysts.

A closely followed crypto analyst believes Bitcoin (BTC) is gearing up for the next leg up. In a new strategy session, trader Michaël van de Poppe tells his 733,600 followers on the social media platform X that Bitcoin could soon soar more than 5% from its current value.

Bitcoin's Four-Year Rhythm: Mid-Cycle Insights and What Investors Should Expect

Peter Schiff, a staunch Bitcoin critic in a recent X post has questioned the idea of the cryptocurrency serving as part of the U.S. strategic reserve. He believes that such a move could be ineffective and problematic given Bitcoin's volatility and potential impact on market stability.

Bitcoin hit a new all-time high at $77,000, boosting buying in several altcoins, which have also broken above their respective resistance levels.

Republican Mike Collins, re-elected to the U.S. House of Representatives in Georgia's 10th Congressional District, holds Ethereum. Collins disclosed an investment in Ethereum (ETH) worth nearly $80,000, according to the platform Quiver Quantitative.

JPMorgan analysts are bullish on Bitcoin's prospects, predicting the cryptocurrency will see significant growth following Donald Trump's victory in the U.S. presidential election. As part of their market outlook, the analysts emphasize the “debasement trade,” a strategy that benefits assets like Bitcoin and gold, which serve as hedges against inflation and the weakening of traditional currencies.

BlackRock's iShares Bitcoin Trust (IBIT) has overtaken the iShares Gold Trust (IAU), in assets under management (AUM). BlackRock's IBIT has garnered around $33.1 billion in AUM, overshadowing IAU, which currently holds around $32.9 billion in assets.

After a monster week bolstered by Donald Trump's re-election, BlackRock's iShares Bitcoin ETF is smashing records.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

New Bitcoin wallets have reportedly amassed $145 million, increasing market optimism. There is optimism about a more transparent regulatory climate for crypto in the US.

At press time, with bitcoin floating comfortably above $76,000, the flagship cryptocurrency holds its ground as the ninth largest asset worldwide by market capitalization. Bitcoin Overtakes Meta, Sets Sights on Silver in the Global Asset Race On Fri., Nov.

Tom Lee, head of research at Fund Strat Global Advisors and Chief Investment Officer at Fund Strat Capital, appeared on CNBC for his first post-election discussion. He reflects on the election outcome, acknowledging that while not many predicted Trump's victory, his team placed significant weight on betting markets that indicated a potential win.

Blackrock's IBIT ETF now holds upwards of $33 billion in assets, more than the asset manager's gold fund.

The crypto witnessed an accelerated bullish momentum following Donald Trump's victory in in the 2024 presidential election. Bitcoin, the pioneer digital asset reached a new all time high, fueling a recovery in the altcoin market.

As DeFi loans surge, BTC and ETH remain exposed.

Bitcoin (BTC) broke out of its all-time high on November 6, currently consolidating above that level before its next move. In the meantime, a cryptocurrency trading expert has set his BTC price targets for the weekend, aiming at higher levels.

Bitcoin (BTC) traded with conditions not seen since late 2021, reaching peak levels for its open interest to market cap ratio. Peak open interest creates risk of deleveraging and a drawdown.

BlackRock's spot Bitcoin ETF, also known as IBIT, dominated trading volume on November 6 with over $4 billion traded.

Fighting for transaction privacy needs to remain at the core of why we're here.

U.S. spot bitcoin exchange-traded funds (ETFs) saw a record-breaking $1.38 billion inflow on Nov. 7. ETF Investors Want More Bitcoin The staggering inflow of $1.38 billion into bitcoin ETFs set the record for largest single day inflow so far.

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Ethereum Foundation disclosed a $970.2M treasury, holding 99% in ETH, representing 0.26% of the token's supply. With a focus on long-term sustainability, it funds ecosystem advancements, manages financial stability, and supports critical Ethereum developments, including the Mekong testnet launch. The post Ethereum Foundation Discloses $970M Treasury in 2024 Report, Spotlights Ecosystem Progress appeared first on Cryptonews.

Bitcoin (BTC) surged past $76,000 on Friday, November 8, reaching an all-time high as political certainty surrounding the U.S. presidential election provided a boost to the cryptocurrency.

Though once skeptical of Bitcoin, Donald Trump gained strong support from the crypto community as a pro-crypto candidate in the 2024 U.S. presidential election.

Bitcoin has achieved new highs, surpassing $76,000 for the first time in history. This spike follows Donald Trump's victory in the US presidential election, which many investors believe will create a more favorable atmosphere for cryptocurrencies.

BlackRock's iShares Bitcoin Trust (IBIT) experienced an all-time high in net inflows, reaching $1.12 billion on Thursday, a substantial increase from the previous record of $872 million set on October 30.

This 20% rise has sparked optimism among investors, but there remains some uncertainty over whether the uptrend will continue without a reversal.

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The Ethereum Foundation has released a report detailing its $970.2 million treasury, primarily held in ether. The report outlines the foundation's strategy of selling ETH during bull markets to fund ecosystem projects during bear markets.

Will the U.S. adopt a strategic Bitcoin reserve with Donald Trump headed back to the White House? Senator Lummis explains her plan.

Bitcoin holds above $75,000 following a recent all-time high, as analysts observe shifting market phases and trends.

Crypto analyst Benjamin Cowen suggests that Bitcoin (CRYPTO: BTC) dominance might continue climbing, even as it hits his long-standing 60% target, following the Fed's recent 25 basis point interest rate cut. What Happened: In an update on his YouTube channel, Cowen analyzed the Federal Reserve's decision to reduce rates to lowest level since February 2023 and maintain quantitative tightening by continuing to reduce its holdings in Treasury securities and mortgage-backed securities.

The report also highlights the foundation's conflict of interest policy, which bars team members from accepting outside jobs that pay in hard-to-value assets.

In less than a year, the iShares Bitcoin ETF (IBIT) surpassed the two-decade-old iShares Gold ETF (IAU) in net assets.

Stablecoin inflows to exchanges spike and Bitcoin price hits a new all-time just below $77,000 as investors prepare for a new crypto era under Trump's presidency.

Bitcoin's price has finally broken its record high after a gradual uptrend over the last couple of months. Investors are now wondering how far BTC can go.

The Bitcoin market has been bullish this week, smashing through the crucial $74,000 ceiling. This is partly because of the US elections, which have seen a lot of pro-crypto politicians being elected in America.

Two massive Bitcoin (BTC) whales have accumulated over $140 million worth of the flagship cryptocurrency from leading crypto trading platform Binance, after BTC's price saw a slight correction from a new all-time high. According to data shared by on-chain analytics firm Spot On Chain, one whale withdrew 1,225 BTC worth around $92.

As Bitcoin gains momentum, Michael Saylor, the executive chairman of MicroStrategy, took to X (Formerly Twitter) with a simple yet powerful message: "Ready to Go." His tweet quickly caught the attention of the crypto community, highlighting the optimism and expectations around Bitcoin's current price rise.