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%.
Elon Musk, the Tesla billionaire who has been named by U.S. president-elect Donald Trump to lead the new "Department of Government Efficiency".
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.
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 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?
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.
Michael Saylor is a perennial crypto bull.
The milestone comes amid a record $5 billion trading day for BlackRock's IBIT as the bitcoin ETFs hit $2.4 billion in net inflows this week.
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The cryptocurrency market has experienced massive growth lately; in the seven days, it has steeply risen from $2.216T to $2.953T, registering one of the most aggressive weekly performances. This optimism has influenced almost all the top cryptos; in the last seven days, the Bitcoin market has seen a surge of 20.
Bitcoin (BTC) soared past $90,000, setting a new all-time high as the crypto market resumed its rally, with major cryptocurrencies surging. BTC surged to a new all-time high of $93,409 late on Wednesday, and the Bitcoin Dominance Index, which measures its share of the crypto market, reached 61%, a level not seen since 2021
Bitcoin miners have offloaded nearly 25,000 BTC holdings as part of their profit-booking amid the recent rally. With over 4% gains in the last 24 hours, the BTC price makes yet another push past $90,000 hitting new all-time highs.
On-chain analyst Willy Woo is leaning bullish on Bitcoin (BTC) amid the flagship crypto asset's rapid advance over the past couple of days. Woo tells his 1.
The largest bitcoin ETF is seeing impressive price action, in tandem with the crypto currency itself, as investors look to get ahead of pro-crypto policies from President-elect Trump.
The metric exceeded 61% earlier today.
"Rich Dad Poor Dad" author Robert Kiyosaki has shared his intention to keep buying Bitcoin (BTC) until its price surpasses $100,000.
Vigorous Bitcoin advocate Michael Saylor, MicroStrategy's co-founder and currently its executive chairman, seems to be expecting the world's largest cryptocurrency to break above the $100,000 level soon.
Bitcoin futures markets show steady growth with reduced speculation as institutional investors increase their participation, evidenced by BlackRock's Bitcoin ETF surpassing its gold fund and futures contracts trading above $91,000 for December delivery.
Bitcoin's recent surge over $90,000 has pushed its market cap past Saudi Aramco, solidifying its position among top global assets.
Data shows the Bitcoin market sentiment has recently seen a significant uplift as the cryptocurrency's price has set new records. Bitcoin Has Just Set A New All-Time High Above $93,000 Bitcoin had seen a bit of a pause in its bull run yesterday, but the uptrend has already returned for its price in spectacular fashion today as the coin has now achieved a new all-time high (ATH) beyond the $93,000 mark.
Bitcoin's open interest in futures markets recently reached an all-time high amid the latest market upsurge that has seen the asset claim new price peaks. The Bitcoin (BTC) OI has spiked to $55.
Peter Schiff, a long-time economist and vocal critic of Bitcoin, has once again stirred the crypto pot. This time, he is targeting Trump Media & Technology Group (TMTG), the company behind the stock ticker DJT.
President-elect Donald Trump has picked Rep. Matt Gaetz (R-Fla.
Positive flows like this usually signal that institutional and retail investors are increasingly fancying crypto investments.
The global cryptocurrency market is reaching new heights, with its total market capitalization now surpassing $3 trillion, a milestone not seen since November 2021. This surge has been largely fueled by Bitcoin's latest all-time high (ATH), propelling the market toward a valuation that is now within striking distance of the 7th largest economy in the world—France.