Garlinghouse expressed concerns about the current regulatory environment under the Biden administration, which he believes has been unhelpful for the growth of digital currencies. Instead, he looks back to the time when Donald Trump was president, suggesting that the crypto industry had a more favorable outlook under his leadership, especially in terms of clear regulations and support for innovation.
Since the beginning of November, the cryptocurrency market has seen a turn for the better. Nowhere is this more apparent than with Bitcoin (BTC), the leading digital asset.
Cboe Global Markets, Inc., announced plans to launch the first cash-settled options product linked to spot bitcoin, effective Dec. 2. The new offering seeks to enhance access to cryptocurrency derivatives for investors.
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Cboe Global Markets plans to launch the first cash-settled index options that will reflect the price of spot Bitcoin. The Cboe Bitcoin U.S.
TL;DR Crypto market faces volatility as over $3 billion worth of Bitcoin and Ethereum options expire. Bitcoin's put/call ratio reflects bearish sentiment, while Ethereum shows growing optimism. Contract expirations could lead to price fluctuations, affecting the short-term trajectories of BTC and ETH.
As the upcoming Trump administration is gearing up to establish a regulatory landscape facilitating full-on anything-goes multicoinery, and with Gary Gensler gone, we could well see the most atrocious scam coins proliferate and soar— before they inevitably implode.
In a recent conversation with FOX Business, Senator Cynthia Lummis shared her views on buying Bitcoin to reduce US debt. Lummis remarked that Bitcoin serves as a long-term store of value. She expressed that it should be included in reserves as a strategic asset alongside gold and oil. The senator proposed that the U.S.
Andrew Hones, CEO and founder of New Market Capital, unveiled “Battery Finance” on CNBC on Friday—an asset management platform combining traditional assets like real estate with Bitcoin (CRYPTO: BTC). What Happened: In an appearance on Squawk Box, Hones announced a loan that blends a 63-unit multi-family property in Philadelphia with Bitcoin as collateral.
Ripple, Kraken, and Circle are elbowing their way into what could become the most influential crypto group in U.S. history: Donald Trump's crypto advisory council.
Ripple's XRP is up by more than 30 percent in the last 24 hours and is trading close to the $1.45 levels. SEC Chair Gary Gensler's resignation has sparked this massive rally and experts are now making predictions ranging between $5 and $10.
TL;DR XRP is up 30.37% in the last 24 hours, reaching $1.44. Gary Gensler's resignation as SEC chairman sparks optimism in the crypto market. Uncertainty over XRP's status could be resolved with a change in SEC management. The XRP cryptocurrency has seen a significant increase in its value, rising by 30.
Jim Cramer is now singing a different tune about Bitcoin. The Mad Money host, famous for his sharp takes on markets and occasional whiplash-inducing U-turns, declared on live television, “All I can tell you is, own Bitcoin.
Beneath the cryptocurrency market's optimism that arose from Donald Trump's re-election and the associated bull run, there is no shortage of confusion about what his re-election will mean for the industry and the economy more broadly.
President-elect Donald Trump's transition team is reportedly set to implement the establishment of a national Strategic Bitcoin Reserve (SBR). At the center of this development is the formation of a crypto advisory council to revise US policy on digital assets, as Reuters reports.
The Bitcoin market continues to see a lot of strength, as we are attempting to break above the crucial $100,000 region. This is an area that will more likely than not cause a bit of a headache, but in the end, we should see it get broken above.
The market is again mainly green, according to CoinMarketCap.
As the price of popular cryptocurrency XRP continues its relentless rise, smashing one high after another, it finally reached the $1.50 point today, where holders decided to unload some of their holdings, triggering a cascade of liquidations and dragging the price down 9.88% to $1.35 in just one hour.
XRP lawsuit: The exit announcement of the US SEC chair Gary Gensler has boosted the broader crypto market sentiment, sparking hopes over a new pro-crypto regulator to replace him. Amid this, pro-XRP lawyer Jeremy Hogan has predicted the conclusion timeline for the Ripple SEC lawsuit, sparking discussions in the market.
On Thursday, the XRP price soared to $1.41, marking its highest trading value in over three years. This surge coincides with a shifting regulatory landscape in the United States, spurred by the anticipated administration of President-elect Donald Trump.
Cardano (ADA) appears set to cross the $1 level as bullish sentiment remains high on the market. Notably, ADA has recorded an impressive surge in its open interest.
Ethereum (ETH) lost its three-year support against Bitcoin (BTC) as the most prominent cryptocurrency rallied towards its $100,000 target on Friday, November 22. ETH has faced sticky resistance at $3,500 for nearly four months while competitors hit record highs this cycle.
On Thursday, Bitcoin mining giant MARA Holdings (NASDAQ: MARA) announced that it had successfully closed a $1 billion convertible senior notes offering on November 20, 2024. The offering includes an additional $150 million in notes issued when initial purchasers exercised their full 13-day option on November 19.
XRP has been one of the most talked-about cryptocurrencies in recent weeks, seeing a significant increase in its price. After reaching a three-year high of $1.27, the token has ignite excitement in the crypto community.
XRP is on the verge of a technical pattern known as a "golden cross" in its Bitcoin (BTC) pairing. This pattern, often seen as a bullish signal, occurs when a short-term moving average crosses above a long-term moving average, indicating potential upward momentum.
Savvy commodities trader Peter L. Brandt has published an important X post to warn his followers against a scam wave that he expects to be coming soon.
The latest long/short ratio chart shows a noticeable disparity: long positions make up only 41.61%, while short positions dominate.
The data shows that BTC's current trajectory aligns closely with the patterns observed in the last two cycles.
BTC price behavior is either hinting at a deeper pullback or an RSI-fueled surge beyond $100,000, Bitcoin market observers conclude.
Bitcoin at $97,700 with analysts predicting a $2M peak by 2027. Explore key resistance levels, long-term forecasts, and the macroeconomic drivers shaping its trajectory The post Analysts Outline A $2 Million Bitcoin ATH by 2027 – Here's How appeared first on Cryptonews.
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The cryptocurrency market is seeing unprecedented levels of excitement as Bitcoin (BTC) pushes toward a six-figure price tag, with traders eager to amplify their gains. At the center of this speculative frenzy is the leveraged ETF tied to MicroStrategy (MSTR), the world's largest public holder of Bitcoin.
The US ETFs bought just over $1 billion worth of bitcoin on Thursday while price reached a new all time high of $99,548.
In a Friday op-ed, Lionel Laurent, a Bloomberg Opinion columnist, argues that MicroStrategy's debt-for-Bitcoin strategy will not be viable in the long term.
Bitcoin (CRYPTO: BTC) continues its climb toward $100,000, but traders are adopting cautious approaches to prepare for potential corrections. What Happened: Crypto chart analyst Ali Martinez observed a sell signal on Bitcoin's 4-hour chart, indicating a possible brief correction to $97,085.
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) achieved a significant milestone, bringing in $1 billion in net inflows during a single trading session. U.S. Bitcoin ETFs Draw $1B in Daily Inflows as Ethereum Funds See Mixed Results According to data from sosovalue.com, Blackrock‘s IBIT fund, trading on Nasdaq, led the pack with $608.
TL;DR Cardano (ADA) hits its highest price since May 2022, surpassing 90 cents. Big investors are accumulating ADA, with over $12 billion in the hands of whales. On-chain activity and institutional interest point to a possible stability in ADA's rally.
Despite Bitcoin's recent rally, on-chain data reveals the bull market still has plenty of room to grow. Metrics like the MVRV Z-Score, NUPL, and Puell Multiple suggest Bitcoin is far from overheated, pointing to potential for significant upside in the months ahead.
The Bitcoin price started falling 30 minutes before the options expiry, but market watchers don't expect significant downside.
Bitcoin has surpassed $99,000 in a historic milestone, with the network hash rate reaching an all-time high.
Cardano has been rising since the day of the US election. With some corrections at important levels of Fib, ADA has surged by 189% in the last 16 days. The token was at this price last in May 2022 when the market was falling. It had fallen from an ATH of $3.
Stuart Alderoty, Ripple's chief legal officer, has taken to his X account to share an image of an art object. This triggered a wave of comments from an amused XRP community.
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Newmarket Capital has completed a loan that combines traditional real estate financing with Bitcoin collateral, introducing a novel approach to lending reported on CNBC's “Squawk Box” on Nov. 22. The loan refinances a 63-unit multifamily property in Philadelphia and incorporates 20 Bitcoin into the collateral package.
MicroStrategy Incorporated (NASDAQ:MSTR) is trading at an astonishing 256% premium to the net asset value (NAV) of its Bitcoin (CRYPTO: BTC) holdings, according to research conducted by BitMEX. The analysis highlights the extreme valuation disparity between MicroStrategy's current market capitalization, driven by its aggressive Bitcoin acquisition strategy, and the actual value of the Bitcoin it holds.
XRP has shocked the crypto world with a massive 188% price surge, jumping from $0.5031 to $1.449 in just two weeks! This dramatic rise is turning even the harshest critics into believers. Now, renowned crypto expert Raoul Pal is weighing in, sharing his profitable XRP strategy.
Bitcoin responds with facts and marks further all-time highs close to 100,000 dollars
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