Bitcoin's price has finally broken its record high after a gradual uptrend over the last couple of months. Investors are now wondering how far BTC can go.
Two massive Bitcoin (BTC) whales have accumulated over $140 million worth of the flagship cryptocurrency from leading crypto trading platform Binance, after BTC's price saw a slight correction from a new all-time high. According to data shared by on-chain analytics firm Spot On Chain, one whale withdrew 1,225 BTC worth around $92.
As Bitcoin gains momentum, Michael Saylor, the executive chairman of MicroStrategy, took to X (Formerly Twitter) with a simple yet powerful message: "Ready to Go." His tweet quickly caught the attention of the crypto community, highlighting the optimism and expectations around Bitcoin's current price rise.
The crypto community responded enthusiastically when Donald Trump emerged victorious in the US election. As someone deeply invested in the ideals of blockchain and decentralized systems, I find myself navigating a complex mix of hope and healthy skepticism.
Peter Schiff, a vocal critic of Bitcoin (BTC), recently questioned the idea of the cryptocurrency serving as part of the U.S. strategic reserve, calling the idea a "ridiculous" plan. In his view, such a move would be ineffective and problematic, primarily due to Bitcoin's unstable volatility and potential impact on market stability.
During a recent appearance on CNBC's “Squawk Box,” Fundstrat's Tom Lee has predicted that the price of Bitcoin (BTC) could end up surging above the $100,000 level this year.
TL;DR Bitcoin and Ethereum options worth nearly $4.6 billion expire today, creating volatility in the market. The expiration of these options follows the US elections and FOMC updates, with high expectations for strategic moves. Implied volatility has decreased, although the market remains optimistic.
Chinese cryptocurrency journalist and blogger Colin Wu has reported that Spirit Blockchain Capital has finally completed the acquisition of Dogecoin Holdings. This may potentially help to increase the global adoption of the original meme cryptocurrency, DOGE.
Yesterday, Bitcoin had one of its most bullish days in history, skyrocketing past its all-time high to reach $76,990. This new milestone has ignited widespread excitement and confidence among investors, who now see the potential for further gains.
cbBTC is the first token Coinbase has issued on Solana.
Ethereum rose to $2,960 earlier today, outperforming bitcoin since Wednesday as the Trump win will give the ethereum industry a much needed respite.
El Salvador, the first nation state to adopt Bitcoin (CRYPTO: BTC) as a means of payment, is up 81% on its investments, according to on-chain analysis. What Happened: Spotonchain data shows El Salvador's strategic Bitcoin investments, led by president Nayib Bukele, have reaped gains of $24.54 million.
Milton Berg, the founder of MB Advisors, recently weighed in on the current state of Bitcoin, especially in the context of its surge to new all-time highs following the 2024 U.S. election.
The Bitcoin market is somewhat stagnant on Friday, as the markets are still coming to terms with the breakout that we saw as a result of the US election. At this point, it should be noted that a lot of the elected officials are actually crypto-friendly.
After pro-crypto Donald Trump won the presidential election in the United States, sentiment across the cryptocurrency landscape shifted, leading to a notable market rally. Amid this, Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, has reached a new all-time high and is now approaching $80,000. $4.
If the Democratic Party is to have a future in US politics, it must embrace Bitcoin going forward.
BlackRock's Bitcoin ETF is now officially bigger than its famous Gold ETF. In just 10 short months, the Bitcoin ETF attracted a whopping $33.2 billion from investors, making it a massive success.
Ethereum trades in the $2.9K range, after gaining over 3.55%. ETH could hit $3K if it clears the $2,950 resistance.
In a surprising move, Spirit Blockchain Capital Inc.(Canadian Securities Exchange: SPIR), a blockchain tech company and digital asset management firm, has announced the acquisition of Dogecoin Portfolio Holdings Corp, a startup focused on supporting the DOGE brand. According to the announcement, Spirit Blockchain Capital will acquire all the issues and outstanding assets of Dogecoin Holdings.
The US Federal Reserve reduced its interest rate by 25 basis points on Thursday, in a decision did not exactly come as a surprise.
The crypto market witnessed an accelerated bullish momentum following Donald Trump's victory as the 47th President of the United States. With the Bitcoin price entering price discovery, crypto analysts highlight a potential ‘parabolic' rally for BTC as it exits post-halving consolidation.
The correction has not lasted long, as almost all of the top 10 coins are in the green zone, according to CoinMarketCap.
Chainlink (CRYPTO: LINK) co-founder Sergey Nazarov on Friday said “the party's back on” for cryptocurrency markets, predicting substantial industry growth amid potential changes in the U.S. regulatory landscape under Donald Trump‘s presidency. What Happened: “This is just the beginning basically.
Launched in January 2024, Bitcoin ETFs are close to a historic milestone. In less than 10 months after launch, Bitcoin ETFs are surpassing Gold-based trusts by aggregated market capitalization.
The shift from gold to Bitcoin ETFs highlights changing investor preferences, signaling a potential redefinition of safe-haven assets. The post BlackRock's Bitcoin ETF overtakes its Gold ETF in size appeared first on Crypto Briefing.
BlackRock has seen its biggest one day inflow yet at $1.120 billion disclosed on Thursday, though thought to have been purchased on Wednesday when bitcoin and stocks had outsized gains.
Cobie, who previously hosted a podcast of the same name, said the UPONLY tokens were theoretically worth $17 million when he burned them.
Fundstrat Head of Research Tom Lee recently suggested Bitcoin as a “potential Treasury reserve asset” that could play a unique role in managing national debt. He stated that traditional measures like adjusting taxes and spending may not be enough to address the growing US deficit.
Bitcoin's explosive rise nears six figures! Top analyst predicts BTC could reach $100K+ soon. Discover the factors driving this bullish momentum. Learn more! The post Can Bitcoin's Parabolic Rise Hit Six Figures? Analyst Says “Yes” – Here's How appeared first on Cryptonews.
The Solana price hits $200 as Sol Strategies seeks to accelerate SOL adoption. We speak exclusively to CEO Leah Wald about the altcoin's winning ways The post Why Solana Will be Altcoin Season's Big Winner as Sol Strategies Seeks to Accelerate SOL Adoption appeared first on Cryptonews.
Bitcoin spot ETFs on Nov. 7 saw a historic surge in investment, with total net inflows reaching $1.38 billion, the highest single-day figure to date. What Happened: BlackRock's (NASDAQ:IBIT) ETF alone accounted for $1.12 billion of this total, marking a record-breaking day for digital asset ETFs, according to data from SoSo Value.
Crypto traders rejoiced as pro-Bitcoin candidate Donald Trump won the US Presidential election in 2024, leading to numerous potential changes throughout the industry.
The recent Dogecoin price rally appears to be losing steam following an impressive surge that pushed its price above $0.21 for the first time since April to mark a notable seven-month high. This intense week of upward movement has been followed by profit-taking by traders, which has triggered a pullback in the Dogecoin price.
Trump is not going to be a good thing for Bitcoin, he will continue the same malicious path of regulation that has been followed under Biden.
BlackRock's IBIT attracted a record-breaking $1.12 billion in daily net inflows on Thursday, buoyed by favorable market conditions, and pro-crypto sentiment from the U.S. election.
Cryptocurrency mining firm HIVE Digital has released its October production results, showcasing a 51% year-over-year growth in its Bitcoin portfolio value.
It was a historic week for all financial assets and BTC led the charge by charting a fresh all-time high.
While bitcoin catches its breath after its recent ascent past record highs, other digital assets are enjoying a Friday boost. Altcoins Surge Ahead as Bitcoin Takes a Breather: SOL, CRO, and Meme Coins Lead the Pack As of Nov. 8, the crypto market is coasting 2.09% higher than yesterday, totaling $2.57 trillion.
Upbit lists the DRIFT token, allowing traders to trade it against KRW, BTC, and USDT, boosting options and visibility for Drift ecosystem.
The Dogecoin price has risen by 2.5% today, with the meme token getting ready to test its key $0.20 resistance level. The post Dogecoin Price Nears Critical Level – $10 Target If Bulls Hold the Line appeared first on Cryptonews.
Amid a highly market witnessed recently in light of the U.S. elections, a meme coin diamond-hand trader nabbed substantial market attention by making massive profits. On-chain data on Friday indicated that a trader made nearly $4 million worth of profit trading Department Of Government Efficiency (DOGE) meme token.
The crypto industry has displayed promising momentum, with a rise of 1.68% in the market capitalization, which has taken the numbers to $2.57 trillion. However, the intraday trading volume has shrunk down significantly by 29.11% to $132.15 billion.
Alongside Bitcoin, major altcoins also recorded gains following the Fed's decision.
Trump's election win sparked a surge in searches, indicating increased retail investor interest in the digital asset.
Bitcoin's upward trajectory continues to capture the attention of investors and analysts alike. Despite already achieving record highs, the digital asset could be poised for even greater gains in the coming months.
Pseudonymous millionaire trader ‘Unipcs,' informally known as ‘BONK Guy,' has been highlighted by on-chain analytics firm Lookonchain for amassing significant gains by investing early in the Department of Government Efficiency (DOGE) and MAGA (CRYPTO: MAGA) meme coins. What Happened: Lookonchain on Friday shared the trader's journey, which saw him investing 235 Ethereum (CRYPTO: ETH), valued at $584,000, when the Musk-themed DOGE — not to be confused with the much bigger and more popular Dogecoin (CRYPTO: DOGE) — traded at a $2.7 million market cap, yielding him 33.35 million DOGE, now worth $4.7 million.
BlackRock's iShares Bitcoin Trust (IBIT) has set a new benchmark with over $1.1 billion in net inflows recorded on Thursday, marking the highest single-day inflows for the fund.