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news-imageNovember 29, 2024

Crypto Market Today (Nov 29, 2024): Bitcoin Makes Pace Toward $98k | XRP Now Among Top 100 Gainers!

The cryptocurrency industry has been making bullish moves since early Asian trading hours today. As a result, the global market cap has risen by 1.89% to $3.38 trillion. However, the trading volume has dropped notably by 25.45% to $148.18 billion.
Publisher: CoinPedia
Sentiment: Positive
BTC
XRP

More News Articles

Positive
cover-imageBitcoin
November 29, 2024

Bitcoin Technical Analysis: BTC Eyes 6-Digit Range Despite Resistance

In the last hour, bitcoin's price is coasting along between $97,865 to $98,580 on Nov. 29, 2024, after a bullish rally that pushed the market cap to $1.95 trillion. The cryptocurrency's technical indicators suggest a strong upward momentum across multiple timeframes, though significant resistance looms near the $100,000 mark.

Negative
cover-imageBenzinga
November 29, 2024

Peter Schiff: Bitcoin Reserve Is The 'Worst Monetary Mistake' US Could Make

In an interview at the New Orleans Investment Conference on Thursday, Peter Schiff, chief market strategist of Euro Pacific Asset Management, expressed skepticism about cryptocurrency while remaining bullish on gold. Speaking with Kitco News, Schiff maintained a positive outlook for gold prices, noting that the precious metal is in “uncharted territory” with “no resistance.

Neutral
cover-imageCryptopolitan
November 29, 2024

Swyftx lead analyst predicts altcoins will remain shaky until BTC hits $100,000

Pav Hundal, the lead analyst at Swyftx, believes altcoins remain in a cycle of massive gains and pullbacks until Bitcoin reaches the $100,000 level. The analyst also suggested that while several coins, including some memecoins, have been outperforming the top cryptocurrency, altcoins will remain shaky until BTC manages an ‘exuberant move' during the bull run.

Positive
cover-imageUToday
November 29, 2024

Bitcoin (BTC) Makes Final Push to $100,000

Bitcoin (BTC), the world's leading cryptocurrency, appears to have initiated a final push for the historic $100,000 level. Data shows that the BTC price has reclaimed $97,476.16, representing a 2.05% increase in the last 24 hours.

Negative
cover-imageBenzinga
November 29, 2024

Vladimir Putin Signs Bitcoin Mining, Crypto Taxation Law

Russian President Vladimir Putin has signed a law introducing taxation on income and expenses derived from digital currency mining, purchase and sale. What Happened: Published on the official legal information portal, the legislation recognizes digital currencies as property under the Tax Code and establishes a taxation framework to regulate crypto-related activities, according to Russian news agency Interfax.

Positive
cover-imageCoingape
November 29, 2024

XRP Whales Move 139M Coins As Ripple Case Near Potential End

XRP whales have taken action to shuffle over 100 million coins on Friday, setting off waves of speculation among traders and investors globally. As the Ripple Labs vs U.S. EC lawsuit reaches a potential end, these transactions have sparked substantial intrigue over the firm's native coin's future movements.

Positive
cover-imageThe Daily Hodl
November 29, 2024

‘Very Promising Start': Top Analyst Says Ethereum Headed Higher Against Bitcoin – Here Are His Targets

A top analyst who accurately called the end of the 2022 crypto bull market thinks Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs. Pseudonymous analyst Pentoshi tells his 826,200 followers on the social media platform X that ETH/BTC looks good after respecting its support at 0.30 BTC.

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