YouTube rival Rumble says it will allocate up to $20 million of its excess cash reserves toward Bitcoin (BTC). The online video platform announced in a press release this week that its board of directors voted to approve the new “corporate treasury diversification strategy.
Bitcoin's strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.
ADA price spiked as Zk smart contract integration added propulsion to a market-wide rally. Here's why that could end sub-dollar price.
Cardano (ADA) has captured investors' attention after surging to multi-year highs at $1.15, marking an impressive 245% gain since November 5. This remarkable rally has solidified its position as one of the top-performing altcoins in the current market cycle.
According to a recent research report published by OKG Research on Tuesday, crypto markets felt the reverse of the Trump trades, which began during the presidential election period.
Bitcoin's record-breaking rise to $99,800, followed by a slight correction, has analysts at Cryptoquant signaling that the bull market is far from over, with onchain metrics suggesting potential for further gains beyond $100,000.
Joana Cotar, a member of the German Bundestag and a longtime advocate of Bitcoin (BTC) adoption, is pushing back against the government's recent decision to sell its BTC holdings. Having witnessed the sale of approximately 50,000 confiscated Bitcoin earlier this year, Cotar is now championing the idea of establishing a strategic Bitcoin reserve for Germany.
Is it really a surprise when the hallmark for cryptocurrencies around the world is at the doorstep of reaching yet another milestone?
Cardano (CRYPTO: ADA) is back above $1 after rallying over 200% over the past 30 days, significantly outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the process. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend 30-Day Trend Cardano $1.02 $35.6 Billion +8.8% +23.5% +203.9% Bitcoin $96,015.13 $1.9 Trillion +2.4% +2.2% +39.1% Ethereum $3,560.54 $428.8 Billion +7% +15.9% +42% Trader Notes: Crypto trader Dan Gambardello highlights a wave of optimism surrounding ADA, noting that many holders used this level to take profits, while others see the current consolidation as a setup for further gains.
Pantera CEO Dan Morehead wrote that Bitcoin could skyrocket as institutional investors, regulators, and lawmakers warm up to digital assets.
Babylon Labs has partnered with Castle Island Ventures-backed SatLayer to bring the benefits of Bitcoin staking and restaking to more users.
Chinese data mining firm SOS Limited's board of directors has approved a $50 million investment in Bitcoin. The decision was shared on November 27 through the company's official press release.
Analysts expect BTC to correct before resuming its rally.
TL;DR Cardano has launched version 1.17.5 of its Lace wallet, focusing on optimizing synchronization and transaction data retrieval. The update includes improvements such as bug fixes for features like Nami mode and shared wallets.
Bitcoin has recently experienced a significant price correction, dropping 5.6% from its all-time high of $99,645, with the current price hovering around $93,602. While this dip is notable, the bigger question remains: why hasn't Bitcoin yet breached the psychologically significant $100,000 price point?
The shift of whale investments into innovative blockchain projects like Lightchain Protocol AI suggests a trend towards diversification and early-stage growth potential in the crypto market. The post From Bitcoin gains to LCAI opportunities: why on-chain activity points to Lightchain Protocol AI as the next big move appeared first on Crypto Briefing.
Glassnode also says BTC's rally faces a setback from low activity below $88K, hinting at a possible correction before it climbs above $100K.
President-elect Donald Trump is considering a proposal to establish a national Bitcoin reserve, a move that could intertwine cryptocurrency with U.S. fiscal strategy. What Happened: Cryptocurrency executives are rallying behind the idea, advocating for the U.S. government to acquire billions of dollars' worth of Bitcoin as a long-term asset, according to a report by The Washington Post on Wednesday.
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Chinas SOS Limited has revealed plans to invest $50 million in Bitcoin, citing the cryptocurrencys long-term potential. The announcement propelled SOSs NYSE shares up 79%, reflecting a wave of institutional confidence and favorable crypto policies under Trump.
A prominent figure in the cryptocurrency space made a bold prediction that Bitcoin could hit a total market capitalization of $15 trillion in the next four years. Pantera Capital CEO Dan Morehead said that global blockchain adoption still lags compared to other global financial assets, saying that blockchain's untapped potential could drive Bitcoin to an exponential growth in its market capitalization.
GOAT Network said that Dogecoin holders can lock up their meme coins to help secure the yet-to-be-launched Bitcoin layer-2.
Bitcoin (BTC) continues to show strong long-term potential, with analysts predicting a likely return to higher price ranges in the future.
The US Thanksgiving is just a few hours away, but all crypto investors are fearing the BTC Thanksgiving crash. This fear is ascending, especially with the token current performance, as the Bitcoin price is consolidating from its earlier ATH of $99.6K.
IREN is seeing a resurgence of interest from tech data centers to host their AI-related computing machines. Company executives also see the potential to pay a dividend in 2025.
Bitcoin's recent price trajectory has sparked debate among analysts, with some warning of a potential 20% correction. According to Joe Consorti, head of growth at Theya Bitcoin, the cryptocurrency's price closely mirrors the global M2 money supply — a measure of cash and short-term bank deposits — with a notable 70-day lag.
SOS plans a $50 million investment in Bitcoin, capitalizing on its projected price rise, currently around $93,000 per coin.
Bitcoin's journey towards its much-anticipated $100,000 milestone suffered a significant setback as the cryptocurrency tumbled this week, dropping as low as $91,095 on Tuesday and triggering a wave of liquidations.
SOS Ltd. announced a plan to buy up to $50 million worth of Bitcoin on Wednesday morning. Its stock price immediately exploded.
SOS Ltd., a company involved in blockchain operations and cryptocurrency, has announced plans to allocate $50 million toward the purchase of bitcoin (BTC). SOS Invests $50 Million in Bitcoin According to the announcement, the initiative aims to bolster the company's blockchain strategy while leveraging the growing prominence of bitcoin as a digital asset.
China-based company SOS Limited plans to tap Bitcoin to support its investment portfolio and extract value from the fast-growing cryptocurrency.
The sell-off coincides with Bitcoin's recent price surge near $100,000, sparking questions about motivations. The post Long-Term Bitcoin Holders Sold 728,000 BTC in 30 Days – CryptoQuant appeared first on Cryptonews.
Kamala Harris's rejection of Bitcoin deprives a vital resource to those in need globally, while Trump's ‘Number Go Up” approach, may jeopardize America's core humanitarian values, like the refugee resettlement program, and ignore Bitcoin's potential to aid vulnerable populations globally.
Senator Cynthia Lummis claims that Trump is assembling a team to advocate for Bitcoin and blockchain technology. The leadership team plans to integrate Bitcoin, crypto, and blockchain into a U.S.-centric 21st-century economy.
Maya Parbhoe, a presidential candidate in Suriname, proposes to adopt Bitcoin as the country's national currency. The post Suriname Presidential Candidate Promises to Adopt Bitcoin as National Currency appeared first on Cryptonews.
During today's trading session on the crypto market, the price of the popular cryptocurrency, Cardano (ADA), has regained the important psychological mark of $1. In total, since the beginning of this month, the price of ADA has grown by 193%, and at its peak it tripled in value compared to what we could see in early November.
Analysts are divided on Bitcoin's next move, with Ran Neuner predicting a steep drop and backing his stance with a Speedo bet.
As Bitcoin reaches historic highs and continues to capture global investors' interest, a publicly-listed Chinese firm SOS Ltd has unveiled plans to invest $50 million to purchase Bitcoin.
Crypto analyst Trader Tardigrade has drawn the community's attention to the fact that the Bitcoin price is mirroring 2023 movements. The analyst further provided insights into what this means for the flagship crypto.
Here are the key points to know as Bitcoin aims to mark $90K as a local bottom.
SOS Ltd. announces a $50M Bitcoin purchase plan as part of its Bitcoin investment strategy to boost market competitiveness and profits. The post Chinese blockchain company SOS plans $50M Bitcoin purchase appeared first on Crypto Briefing.
Cardano (ADA), ranked the ninth largest cryptocurrency by market capitalization, has announced the release of Lace 1.17.5. This serves as a transformation to the Cardano light wallet.
Bitcoin's price is teasing investors, as it is experiencing a pullback before reaching the $100K mark. Yet, as things stand, there's a considerable probability that it will hit the milestone soon.
BTC price upside makes a confident return as chart analysis sees fresh odds of Bitcoin hitting $100,000 after all.
SOS Limited's Board of Directors authorized an investment of $50 million in the company's Bitcoin acquisition. On November 27th, the announcement was published on their website.
Crypto market sentiment has shifted to altcoins, highlighted by a 13% jump in the ETH/BTC ratio, analysts said.