Optimism that President-elect Trump will fulfill his promises to make the U.S. the "crypto capital of the planet" and bitcoin a "permanent national asset" has made its price surge.

Pennsylvania House of Representatives introduces new legislation to allow the state to hold Bitcoin as a reserve asset. According to a journalist at Fox Business, Pennsylvania has introduced a new bill today on November 14th.

Arkham's on-chain data revealed that the Royal Government of Bhutan (Druk Holdings) deposited 367.26 BTC worth $33.51M into Binance two hours ago. The data showed that the Bhutanese government had transferred 6.954 BTC worth 634.53K to a wallet: T5CvdRzkeyi1Vj only an hour before the Binance deposit.

Bitcoin set a new all-time high yesterday, reaching $93,483, continuing its impressive rally without significant setbacks. Over the past nine days, the crypto leader has surged with minimal dips, not falling more than 5% during this bullish phase.

Deribit reached an all-time high in open interest this week, totaling $37.6 billion across bitcoin and ether contracts, signaling intensified activity in cryptocurrency derivatives amid bitcoin's recent price volatility.

While major assets are still way up since Trump's election win, the hot streak is showing signs of cooling for Bitcoin and more.

Max Keiser's unwavering Bitcoin prediction points to an $800,000 target as it continues breaking records amid unprecedented market momentum.

Bitcoin's (BTC) price has surged by 21.70% over the past seven days, repeatedly reaching new all-time highs. Currently, BTC is roughly 10% below the $100,000 milestone, with the uptrend showing exceptional strength, as indicated by technical markers like the DMI and EMA lines.

Pennsylvania's legislature has introduced landmark legislation for establishing a Bitcoin reserve, positioning the state at the forefront of digital asset policy in the United States.

In online spaces, the U.S. economist Peter Schiff is mostly known as an ardent supporter of gold and a major Bitcoin (BTC) skeptic.

MicroStrategy's Michael Saylor has taken to his official X account to encourage the army of his 3.6 million followers about holding and buying the world's pioneer cryptocurrency Bitcoin.

This week, the bitcoin bull and venture capitalist Tim Draper shared his excitement on X about Donald Trump's potential next term. “Every job they cut in the government will create three jobs in the private sector,” Draper eagerly stated.

The spot Bitcoin exchange-traded fund (ETF) offered by the world's largest asset manager BlackRock, the iShares Bitcoin Trust (IBIT), has seen over $3 billion of inflows over the past five days. According to data from Farside Investors, on November 7 BlackRock's fund saw $1.

Reflecting on a recent dinner with some of the early Bitcoiners, Galaxy Digital CEO Mike Novogratz shared a fresh perspective on the cryptocurrency and its often overlooked aspect that he believes adds more value to BTC.

Donald Trump has nominated Matt Gaetz for Attorney General of the United States in his second round of presidency. Gaetz also announced his resignation which is “effective immediately” from his Congress position.

In a recent interview, Cory Klippsten, CEO of Swan.com, shared his concerns about how a potential second term for Donald Trump could affect the cryptocurrency landscape, particularly in relation to the growth of altcoins.

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.

Bitcoin's 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 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.