Bitcoin (BTC) may soon be preparing for a major bullish surge, with key on-chain metrics hinting that it could be on track to hit $120K in the coming months. While the cryptocurrency has been trading in a bearish zone, recent insights from the MVRV (Market-Value-to-Realized-Value) ratio and the Pi Cycle Top indicator suggest that a trend reversal may be imminent.
An economist has warned the crypto community about President-elect Donald Trump's promises to the sector during the campaign trail.
Bitcoin's new all-time high of $75,000 following Donald Trump's win in the 2024 US presidential election reflects heightened market optimism and anticipation of potential policy shifts favorable to digital assets. According to a report by digital asset custodian Copper.co, Bitcoin's upward trajectory may continue into the new year.
On-chain data shows the Bitcoin Difficulty has seen a third-consecutive increase in the latest network adjustment. Here's what this means for BTC.
No sooner than the U.S. elections turned in favour of the Democrats, the crypto space began to thrive. Donald Trump is the 47th President of the United States who admired Bitcoin and shared his plan to work for the betterment of the crypto industry.
Bitcoin recently set a new all-time high (ATH) of $75,337, largely fueled by Donald Trump's win in the U.S. presidential election. This political shift appears to have supported Bitcoin's momentum, while other cryptocurrencies, like Ethereum, have struggled to mirror this success.
TL;DR Bitcoin (BTC) reached a new all-time high of $75,000 on November 6, 2024, leading to the liquidation of over $286 million in short positions, causing a significant impact across the cryptocurrency market.
Bitcoin (BTC) price experienced higher volatility today following the confirmation of pro-crypto Donald Trump as the President-elect of the United States following the November 5 elections.
Recent figures reveal that the 12 spot bitcoin exchange-traded funds (ETFs) faced outflows totaling $116.9 million, making it a challenging session. Meanwhile, the nine ether ETFs remained in a steady state, showing neither gains nor losses during Tuesday's trading. Mixed Results for Crypto ETFs While bitcoin hit a new all-time high on Nov.
In a surprising move, a major Ethereum (ETH) whale recently sold 14,240 ETH worth nearly $37 million at a significant loss of $12.8 million. This transaction occurred as Bitcoin (BTC) reached a new all-time high (ATH), but Ethereum remains nearly 47% below its own ATH.
With Donald Trump projected to win the 2024 U.S. presidential election, investor appetite for risk-on assets, especially Bitcoin, has surged. Recently, Bitcoin “whales,” or large-scale investors, have shown significant interest, acquiring and withdrawing over 1,806 BTC, valued at $132 million, from Binance. This shift, flagged by Lookonchain on Nov.
Bitcoin ($BTC) smashed through its all-time high early on Wednesday and recorded a new high of $75,400. All this taking place as Donald Trump recorded a momentous win in the U.S. election.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 6, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
While Bitcoin (BTC) attempted a breakout already as Americans were casting their ballots, the true rally came once President-Elect Donald Trump's lead in the electoral college started becoming overwhelming.
Crypto whales withdrew $133 million worth of Bitcoin from Binance on early November 6 amidst heightened volatility surrounding the US presidential election.
This unstoppable cryptocurrency is one of the best-performing assets in recent memory.
Anthony Pompliano, Professional Capital Management founder and CEO, joins 'Squawk Box' to discuss the state of crypto, impact of Trump's election victory on the industry, and more.
Donald Trump's recent win in the U.S. election has got the crypto market buzzing with greener candles on the charts. As a result, the market sentiments have turned to “Greed” from “Neutral” in just a few hours. The market cap of the industry has recorded a notable rise of 7.41% in 24 hours to $2.
In the wake of Trump's win, Bitcoin whales have ramped up their holdings, expecting positive market conditions under his presidency.
Balchunas believes that Bitcoin makes gold seem as conservative as a money market fund.
TL;DR Helio Pay has enhanced its Solana Pay integration on Shopify, now supporting Bitcoin, Ethereum, and various Layer 2 solutions, providing merchants with a broader range of cryptocurrency payment options.
Donald Trump has been elected as the 47th President of the United States, defeating his Democratic opponent Kamala Harris . Trump's victory propelled Bitcoin (CRYPTO: BTC) to a new all time high of $75,358 on Wednesday morning, driven by market excitement over the election outcome and expectations for a more favorable cryptocurrency policy under the new administration.
Bitcoin has rocketed higher as Donald Trump clinched victory in the U.S. presidential election, setting up a "perfect storm" for the bitcoin price in weeks ahead.
Ki Young Ju confirms that the likelihood of BTC climbing 30-40% from its current levels is very high.
Bitcoin-backed loans are rapidly emerging as a financial tool for institutional investors seeking innovative ways to leverage their digital assets. This year, Bitcoin's growing appeal as collateral is redefining the financing landscape, offering investors access to substantial liquidity without selling their assets.
The 2024 US presidential election has brought a new wave of optimism for the cryptocurrency industry, with former President Donald Trump re-elected as the 47th president. Known for his support of Bitcoin and blockchain innovation, Trump gained significant backing from the crypto community during his campaign by making substantial promises to bolster the sector.
Ethereum's netflows and Bitcoin's ATH hint at growing investor interest. As sentiment builds, will Ethereum follow Bitcoin's lead?
Bitcoin (BTC) whales appear to be offloading some of their holdings ahead of the closely contested 2024 US presidential election. 2% Fall In BTC Held By Whale Addresses In a post on X, crypto analyst Ali Martinez shared that Bitcoin whales – wallet addresses holding a significant amount of BTC – are “dialing back exposure” ahead of what is likely to be a very closely contested US presidential election.
This idea comes as Bitcoin's growth gives the U.S. a unique opportunity to boost its economic strength and energy dominance. It also provides a chance to enhance its global influence in the digital age.
Large Bitcoin (BTC) investors, colloquially known as whales, are seemingly accumulating the cryptocurrency at a rapid pace as Republican candidate Donald Trump has won the US presidential election in what was deemed a “historic comeback.
Donald Trump could revolutionize Bitcoin and the crypto industry in the United States if he truly keeps all his promises.
Today, the price of the major cryptocurrency Bitcoin (BTC) set a new all-time high above $75,000, with an increase of almost 7.2% since the beginning of the week, and we are talking about a $1.45 trillion asset. As a result, the entire crypto market went up, and its total market capitalization, represented by the TOTAL index, rose to its highest level since June at $2.457 trillion.
Pro-crypto candidates lead US elections, boosting Bitcoin to record highs amid growing optimism for crypto-friendly policies under potential Trump presidency.
Bitcoin (BTC) held steady on Wednesday after a notable 6% gain over the past 24 hours, reaching a new all-time high of $75,361 and lifting its market cap close to $1.5 trillion, according to CoinMarketCap.
Spot Bitcoin exchange-traded funds (ETFs) saw net outflows totaling $116.8 million in a cautious response to the U.S. election day. The post Spot Bitcoin ETFs See $116.8M in Outflow as Investors Turn Cautious on Election Day appeared first on Cryptonews.
The Federal Energy Regulatory Commission (FERC) stopped an Amazon AI data center from drawing more power from Talen Energy's Susquehanna plant in Pennsylvania.
The popular crypto payment system, which was first built on the Solana blockchain, has just expanded to support Bitcoin, Ethereum, and Layer 2 (L2) solutions. This is a big deal for both merchants and customers.
Dogecoin's cofounder, Billy Markus, who goes by "Shibetoshi Nakamoto" on X, has reacted to the recent surge in the prices of Bitcoin (BTC) and Dogecoin (DOGE).
There's still immense potential for the original crypto, but how much?
During one of the many tense nights of 2024 – the one between November 5 and November 6 – the world's premier cryptocurrency, Bitcoin (BTC), found its new all-time high (ATH).
MicroStrategy's recently announced “21/21 Plan” to invest $42 billion in Bitcoin over three years faces several significant hurdles, according to a new analysis from European digital asset investment firm CoinShares. On October 30, MicroStrategy Inc. (Nasdaq: MSTR) released its Q3 2024 financial results, highlighting both its latest Bitcoin acquisition strategy and challenges within its software business.
TL;DR Bitcoin reaches a new ATH, surpassing its previous high of $73,737.94 recorded in March 2024, driven by institutional interest and macroeconomic factors. Donald Trump's U.S. election victory, along with the “Trump Trade”, have boosted demand for BTC as a safe haven asset.
Bitcoin rose just above $75,000 overnight as election results were coming in from America with it currently trading at $73,500.
Bitcoin rose just above $75,000 overnight as election results were coming in from America with it currently trading at $73,500.
BTC hit a new record high, marking its second ATH within the year.
On Monday, spot Bitcoin exchange-traded funds (ETFs) registered their second-largest single-day net outflow since their launch in January. The crypto-based investment products saw their second consecutive red day before the US elections, ending a seven-day positive streak.
The price of the flagship cryptocurrency Bitcoin ($BTC) surged overnight to a new all-time high as Republican presidential candidate Donald Trump secured key victories in swing states in the US election and is considered likely to become the country's next president.