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news-imageNovember 27, 2024

CFTC, Not SEC, Could Regulate Bitcoin and Ethereum Spot Markets Under Donald Trump

President-elect Donald Trump's administration is reportedly planning to grant the Commodity Futures Trading Commission (CFTC) expanded oversight over the cryptocurrency market.
Publisher: BeInCrypto
Sentiment: Positive
BTC
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Positive
cover-imageCrypto Economy
November 27, 2024

Charles Hoskinson Predicts Bitcoin Surge to $250K–$500K in Two Years

TL;DR Charles Hoskinson predicts Bitcoin could surge to $250,000–$500,000 within the next 12 to 24 months, driven by institutional investment and DeFi opportunities. Hoskinson views Bitcoin as a strategic reserve asset for governments and institutions, similar to gold, aligning with recent developments like Trump's pledge to create a Bitcoin strategic reserve.

Negative
cover-imageProactive Investors
November 27, 2024

Bitcoin loses steam following record-setting rally

Bitcoin is showcasing a classic slice of volatility having emerged from its latest banana zone. The world's largest cryptocurrency was slapped 5% lower this money and another 1.2% yesterday before recovering those Tuesday losses this morning.

Negative
cover-imageBitcoinist
November 27, 2024

Bitcoin Top Buyers Panic Sell At Loss As BTC Slips Under $93,000

On-chain data shows the Bitcoin investors who purchased at the top are capitulating following BTC's drawdown under the $93,000 level. Bitcoin Short-Term Holders Have Just Sold Big At A Loss As an analyst in a CryptoQuant Quicktake post explained, the latest BTC crash has triggered panic among the short-term holders.

Neutral
cover-imageUToday
November 27, 2024

Vitalik Buterin Makes Million Dollar ETH Move

Recently Vitalik Buterin, a cofounder of Ethereum, sent 320 ETH or roughly $1,094,088 to Coin Center, a nonprofit that focuses on cryptocurrency policy affairs. Hours ago, Buterin made the transfer from the address vitalik.eth, as an active philanthropist in the industry.

Negative
cover-imageCoinPedia
November 27, 2024

Bitcoin ETF Outflows Surpass $550M, Pressuring BTC Below $95K

After closing the last four days in a bearish outlook, Bitcoin (BTC) price has significantly slowed down in the initial bullish momentum towards the much-hyped target of $100k. Moreover, the flagship coin has consistently closed below the previously established support level of $95k.

Positive
cover-imageBenzinga
November 27, 2024

MARA Urges Incoming Trump Administration To Boost US Bitcoin Mining Operations To Prevent Manipulation From 'Adversarial' Nations

MARA Holdings Inc. (NASDAQ:MARA) exhorted the incoming Donald Trump administration to expand domestic Bitcoin (CRYPTO: BTC) mining operations, emphasizing the significance of the U.S. controlling a larger portion of the global hash rate for economic sovereignty. What Happened: In an X post on Tuesday, the company highlighted the increasing competitiveness of Bitcoin mining and the potential economic implications of not securing a significant share of the global hash rate.

Positive
cover-imageNewsBTC
November 27, 2024

Current Bitcoin Hashrate Can Sustain $4.9 Trillion Cap, CryptoQuant CEO Reveals

The founder and CEO of the on-chain analytics firm CryptoQuant has explained where the peak Bitcoin market cap lies based on the current hashrate. Bitcoin Ceiling Could Lie At This Level Based On Network Hashrate In a new post on X, CryptoQuant founder and CEO Ki Young Ju discussed a BTC pricing model that puts upper and lower bounds on the cryptocurrency's price using the trend in the mining hashrate.

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