Bitcoin (BTC) saw selling pressure from miners, with old wallets reawakening to take profits near peak valuations.
A widely followed crypto analyst believes one decentralized finance (DeFi) altcoin is gearing up for a massive breakout. Pseudonymous crypto trader Credible Crypto tells his 434,600 followers on the social media platform X that the DeFi protocol Curve Finance/Bitcoin pair (CRV/BTC) is showing bullish divergence on the two-week chart.
In terms of market share, the Bitcoin options market shows high concentration, with most trading on Deribit.
Bitcoin's price has been on an impressive run lately, with the cryptocurrency reaching new all-time highs and attracting increasing optimism from the market. On Wednesday, Bitcoin surged past $90,000, touching a record $93,480 before stabilizing around $89,400.
Senator Lummis proposes selling gold to create a Fed Bitcoin reserve, aligning with Trump's pro-crypto policies.
Samson Mow, CEO of JAN3, has doubled down on his earlier prediction of bitcoin reaching $1 million in weeks to months. Mow states that the U.S. debt cannot be repaid, and one of the best decisions to deal with it is rebasing the price of the U.S. dollar to bitcoin.
A small Asian country sitting in the Himalayas is now among the largest holders of Bitcoin in the world. Bhutan might be occupying a small land area but it achieved a huge milestone in its cryptocurrency investments hitting $1 billion worth of Bitcoin.
Bitcoin miner Greenidge Generation will continue operating in New York after prevailing in a legal case against the State's Department of Environmental Conservation (DEC), according to a Nov. 14 statement.
Crypto could stave off the U.S. debt crisis, according to Former House Speaker Paul Ryan in his recent op-ed published in the Wall Street Journal. Ryan argues that America's $35.46 trillion and rising debt threatens the U.S.
Data from several on-chain indicators suggests demand from retail investors has finally returned following the latest Bitcoin rally. Bitcoin Retail Interest Has Returned In Explosive Fashion Bitcoin has witnessed a massive surge recently and has come closer to the $100,000 dream target than many had expected.
This week in crypto, a lot happened across different ecosystems, with momentum reinvigorated by the broader market's prevailing bullish sentiment. Besides Bitcoin's (BTC) testing unchartered territory, the following are some of the updates you won't want to miss.
Lummis calls Bitcoin “digital gold” and says it offers security and growth potential that can't be ignored. Lummis is a big supporter of cryptocurrency and thinks it's time for the U.S. to get on board in a big way.
TL;DR VanEck predicts Bitcoin could reach $180,000 by 2025, with no technical resistance in its path, according to Matthew Sigel, head of digital assets research. Bitcoin has surged nearly 30% since November 5, reaching a record of just under $93,490, driven by favorable sentiment following Donald Trump's return to the U.S. presidency.
Goldman Sachs has significantly expanded its Bitcoin ETF holdings, as revealed in its latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The Wall Street giant holds $710 million across various Bitcoin exchange-traded funds (ETFs), according to its latest SEC filing for the quarter ending September 30.
Since the second quarter, Goldman Sachs has added $300 million to its portfolio in Bitcoin ETF holdings, increasing exposure by 71%.
Binance launches a promotion for P2P users in Africa, offering up to 200 USDT in rewards for accurate BTC price predictions and completing P2P purchases.
Can Bitcoin realistically achieve $180K target by 2025? VanEck predicts
ETF data suggests that BTC could have bottomed, at least for now.
A mysterious Bitcoin (BTC) whale from the Satoshi era has moved again, raising more questions about its dormant intentions. In a single move, the mysterious whale deposited 2,000 BTC from different anonymous addresses into a single Coinbase account.
For his role, Lichtenstein was sentenced to five years in prison, followed by three years of supervised release.
Ilya Lichtenstein sentenced to 5 years for laundering $8 billion in stolen bitcoin. The stolen bitcoin is now worth over $8 billion, up from $71.8 million in 2016.
The crypto market experienced a significant decline as Bitcoin price decreased by 5%, dropping to approximately $87,000 from a high of $93,000. Altcoins have suffered even more, with certain ones experiencing a decrease of 10-20%.
MicroStrategy CEO Michael Saylor is expecting Bitcoin to hit $100,000 before the end of the year, stating that the 2024 U.S election outcome was ‘the biggest thing that's happened in the past four years for Bitcoin.
The Bitcoin Rainbow Chart pointed out that the king coin's price was in the “HODL” position.
On-chain data shows Bitcoin has continued to flow out of the cryptocurrency exchange Binance even after its latest high above $93,000. Bitcoin Binance Netflow Has Been Seeing Negative Spikes Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for Binance has registered negative values recently.
How far can this Bitcoin run go?
Explore the likelihood of each of these scenarios for the ultimate Bitcoin price prediction: race toward $100K, dip to $80k or consolidate at $90k.
Matt Gaetz, a Florida Representatives and American lawyer, has been nominated as Attorney General by President-elect Donald Trump. Gaetz was assigned due to his educational and career experience in law.
From a fairly comfortable expectation of another Fed rate cut in December, the market has reacted negatively to Fed Chairman Jerome Powell's remarks on Thursday, hinting that a December rate cut may not be forthcoming. Stocks fell on the news, and Bitcoin ($BTC) suffered a deeper retracement before staging a recovery early on Friday.
On November 14, Matthew Sigel, the head of digital asset research at global asset manager VanEck, joined CNBC's “Squawk Box” to share his thoughts on the ongoing rally in the crypto market. During the interview, Sigel expressed confidence that Bitcoin's recent surge is far from over.
Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.
Goldman Sachs has reported a big increase in its Bitcoin ETF holdings, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). As of September 30, the bank held $710 million in Bitcoin ETFs. This includes a 156% increase in $BITB shares and a 116% rise in $GBTC shares since August.
Bitcoin nears $90,000 as Trump's pro-Bitcoin AG nominee boosts investor optimism. Will BTC hit new highs amid regulatory shifts? Read our analysis. The post Bitcoin Price Analysis: BTC Nears $90,000 Amid Trump's Pro-Bitcoin AG Nominee appeared first on Cryptonews.
Bitcoin has continued its bullish momentum streak, reaching a new all-time high on November 13 and triggering a wave of activity across the crypto market. In particular, the futures market has been significantly impacted, with a surge in trading volume for the BTC/USDT pair.
14 November's intraday high was around $93,500 amid ongoing high volume.
Goldman Sachs is doubling down on Bitcoin, reveals the latest fillings. The investment bank just expanded its holdings in BlackRock's iShares Bitcoin Trust (IBIT) to a staggering $461 million.
Bitcoin has been on a tear, recently surpassing $88,000, but for Matt Hougan, the Chief Investment Officer (CIO) at Bitwise Asset Management, this is just the beginning. Despite the impressive rally, Hougan told investors that they are still early in the game and Bitcoin has much further to go—potentially up to $500,000 per coin before reaching maturity.
The Bitcoin market, ablaze with speculative fervor following Donald Trump's election victory, is experiencing a period of relative calm as investors await concrete policy developments. The cryptocurrency's meteoric rise, fueled by Trump's pro-crypto stance, appears to be moderating, prompting traders to reassess their positions.
Bitcoin soared to a jaw-dropping $93,435, smashing its all-time high, before taking a breather with a short-term dip below $88,000. Now consolidating above $87,000, it's eyeing key resistance at $90,000.
Bitcoin's price has now corrected approximately 6% since the all-time high break on Nov. 13.
The Options market lets traders speculate with limited risk, but Bitcoin's price volatility is still in the picture.
Goldman Sachs has substantially increased its Bitcoin ETF holdings to over $650 million across multiple funds, with its largest position being $461 million in BlackRock's IBIT.
The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.
Investment firm Bernstein has urged India to recognize bitcoin as a strategic reserve asset, highlighting its potential as “digital gold” amid global financial risks like inflation, U.S. debt, and geopolitical instability.
On November 14, Michael Saylor, the co-founder and executive chairman of MicroStrategy (Nasdaq: MSTR), joined CNBC from the Caner Crypto, Digital Assets, and AI Infrastructure Conference in Miami.
Bitcoin, the world's leading cryptocurrency, has surged over 100% since the start of 2024, with most of those gains coming in the past few months, bringing its market capitalization to $1.83 trillion.
Billy Markus, one of the two founders of the iconic meme cryptocurrency Dogecoin launched in 2013, has commented on the recent Bitcoin price rally. He also once again disclosed his BTC holdings.