Spot Bitcoin exchange-traded funds in the United States continued their positive inflow streak for the sixth consecutive day, recording net inflows of $510.11 million on Nov. 13 as Bitcoin surpassed $93,000 for the first time.
Bitcoin made an impressive run after the U.S. Consumer Price Index report came as expected. But two more key events could add to the positive sentiment this week.
The crypto market pullback didn't last long, with Bitcoin resuming its upward march again this week.
From a $750,000 Bitcoin salary deal in 2021 to enduring a downturn, Miami Dolphins' Odell Beckham Jr. sure seems to have silenced critics.
Tesla, the electric vehicle giant, now holds Bitcoin worth over $1 billion, fueled by the current bull market. In February 2021, Tesla initially invested in Bitcoin, making headlines with one of the largest institutional buys in the cryptocurrency space.
The crypto market has been riding a positive wave since the previous day. The optimism has led to a 3.74% spike in market cap to $2.99 Trillion. However, despite the surge in valuations, the trade volumes have dipped 5.31%, with the numbers at $301.48 billion.
Mara Holdings continues to grow its bitcoin bag despite lower than projected Q3 earnings. Digital Assets Remain Key for Mara Holdings Mara Holdings' earnings report revealed the company added 8,280 bitcoin to its already existing portfolio of 18,467 bitcoin in Q3. This raised its total bitcoin holding to 26,747 BTC.
As Bitcoin (BTC) price rallied above $93k for the first time since its inception, it is now more than clear that the crypto bulls are in action.
According to Bitwise Chief Investment Officer (CIO) Matt Hougan, entering the Bitcoin (BTC) trade may not be too late. The executive recently said that until the flagship cryptocurrency hits $500,000, it's “still early.
Is Bitcoin poised to challenge gold for supremacy in the global asset hierarchy?
IBIT, BlackRock's Bitcoin ETF, is now worth $42.56 billion in total assets. It accomplished this task in one-sixth as much time as any other ETF, a staggering record for growth speed.
Bitcoin, the leading cryptocurrency, has long been synonymous with massive profits and dramatic price swings. The latest rally, which saw the price soar to $90,000 in November 2024, has captured the attention of investors and traders alike.
Bitcoin just hit a huge milestone, breaking past $93,000, even if it didn't stay there for long. It's been testing that resistance level for days, and finally, demand from the U.S. market seems to have pushed it over the line.
Cryptocurrency prices today continue to spark significant discussions among market traders and investors globally. While Bitcoin (BTC) price hit a new ATH over the past day, top altcoins mainly illustrated gaining trajectories.
Bitcoin (BTC) has just undergone one of the most extended accumulation periods in its history, according to popular crypto analyst Rekt Capital. This period of price consolidation has set the stage for a potential continued upward trend, leading experts to predict further growth for Bitcoin in the near future.
Despite minor sell-offs, bulls continue to dominate Bitcoin's price chart.
Bitcoin prices rose sharply today, blowing past the $90,000 level and setting a new record as the digital currency benefited from rising demand.
Out of 610 new ETFs this year, 19 of the top 50 are tied to Bitcoin, Ethereum, or crypto-heavy companies like MicroStrategy.
Bitcoin holds above $89,000 in a bullish channel, targeting key resistance at $91,280. Will BTC continue its upward momentum, or is a pullback imminent? The post Bitcoin Price Pulls Back But $90,000 in Sight – Is This Just a Pause Before the Next Big Pump? appeared first on Cryptonews.
Crypto exchange Gemini apologized for mistakenly issuing a Bitcoin price alert above $100k, blaming a technical error in its notification system. The post Crypto Exchange Gemini Apologizes for False Alert on Bitcoin Reaching $110K appeared first on Cryptonews.
The Bitcoin bull market is showing no signs of slowing down. Analysts are predicting even higher price levels for Bitcoin, with the price recently hitting new all-time highs. Here's a breakdown by analyst Josh of Crypto World, of the key factors driving this bullish momentum, including Bitcoin's chart patterns, market trends, and important price targets.
Bitcoin's futures market appears less overbought than in previous highs this year based on a condition known as contango.
Bitcoin's (CRYPTO: BTC) bullish turn since early September has reflected well on MicroStrategy Inc. (NASDAQ:MSTR), with the proxy firm increasing its valuation by $50 billion in the last two months. What happened: Widely considered a TradFi alternative to holding Bitcoin, shares of MicroStrategy hit a record closing high, past $350, earlier this week.
The largest cryptocurrency by market cap Bitcoin has surged past $93,000 fueled by US President-elect Donald Trump's pledge to ease crypto regulations. Meanwhile, this has sparked excitement on social media setting sights on an ambitious $100K target.
Bitcoin could soar to $100,000 following Donald Trumps election victory, as pro-crypto policies and surging demand for Bitcoin ETFs fuel market optimism. Analysts at Copper.co suggest the milestone may be hit by January, signaling a new era for digital assets.
Bitcoin price extended gains above $90,000. BTC is now consolidating gains near $90,000 and might attempt another increase in the near term.
Bitcoin has seen a significant surge in price recently, climbing to $87,378, and while some have attributed this to political events like Donald Trump's election victory, experts are largely focusing on another key factor: a supply shock following Bitcoin's halving event. According to Jesse Myers, co-founder of Onramp Bitcoin, while a Bitcoin-friendly administration may have played a role, the primary reason for this surge is the reduced supply of new Bitcoin entering circulation, creating a scarcity that drives up demand.
The current Bitcoin (BTC) rally could extend until mid-2025, with a potential price peak before a US recession. Bitcoin Could Peak In Mid-2025 Before US Recession A recent Copper Research report, a recent crypto research firm, posits that the leading cryptocurrency by market cap could extend its bullish momentum until mid-2025.
If approved, OP_CAT will introduce drastic changes to the Bitcoin network, including covenants, ZK-rollups, and even Bitcoin-native layer 2 networks.
Bitcoin (BTC) perpetual contracts denominated in Tether USD (USDT) show signs of overleveraging, with “open interest to USDT reserve ratio” reaching an all-time high at 0.593 on Nov. 10, according to CryptoQuant data. The firm's CEO, Ki Young Ju, said the current levels are 2.
Bitcoin's recent pullback to $85,155 after hitting an all-time high of $89,950 has generated plenty of discussion among cryptocurrency enthusiasts. With the market cooling off after eight consecutive days of upward momentum, traders and analysts are pondering whether this is just a temporary dip or the beginning of something bigger.
Bitwise's Matt Hougan predicts $500,000 as bitcoin's maturity threshold, with $1 million “absolutely” possible as BTC rises to compete with gold.
Bitcoin (BTC) has hit new highs in recent days, with many users of crypto betting site Kalshi predicting that the largest cryptocurrency on the market could hit the $100,000 milestone before the end of 2024. According to recent data from the event contract market, 60% of users believe Bitcoin will hit this milestone before January, while 45% are betting it could achieve this level as early as November.
The nonprofit foundation supporting the Cardano ecosystem, the Cardano Foundation, has revealed in a recent report that as of Dec.31, 2023, it held $478.24 million in assets, with 82.5% of those being held in ADA, 10.1% in BTC, and the rest in cash and cash equivalents. According to the report, the foundation allocated $19.
Hashkey Group CEO Xiao Feng believes a pro-crypto Trump administration could pressure China to relax its stance on Bitcoin (BTC) and other digital assets.
Bitcoin continues its meteoric rise, surpassing silver in market capitalization to become the 8th most valued global asset. As of November 2024, the flagship cryptocurrency has achieved a market cap of $1.745 trillion, outpacing silver's $1.725 trillion and marking another milestone in its growth trajectory.
Amid Bitcoin's resurgence, Odell Beckham Jr. revisited his now three-year-old decision to convert his NFL salary into cryptocurrency in alignment with his partnership with Cash App.
The Russian crypto mining giant BitRiver says that Bitcoin can “easily” break the $100k threshold in the “next few days. The post BitRiver: Bitcoin ‘Can Easily Break $100k' in Next Few Days appeared first on Cryptonews.
Over $800 million in crypto liquidations reflect heightened market volatility, driven by sudden price swings.
Peter Schiff, a long-time Bitcoin critic, has recently presented an unconventional plan suggesting that BTC could be the key to addressing the Social Security funding issue in the United States. Schiff, known for his skeptical views on crypto, has proposed that the Social Security Trust Fund should sell off its $2.7 trillion in U.S. Treasury
The world's oldest and biggest cryptocurrency surged to new lifetime highs on Wednesday, setting an early precedent in what a popular industry pundit predicts is just the start.
OKX Ventures invests in Corn, an Ethereum Layer 2 network, aiming to integrate Bitcoin into Ethereum's DeFi ecosystem. This strategic move leverages BTCN for seamless BTC transactions.
Bitcoin price continues its record setting pace this week, blasting through the $90,000 resistance level and winning a new record over $93,000 in the U.S. morning Wednesday. CoinDesk Senior Anchor Christine Lee explains what is behind this latest surge on "Chart of the Day".
Bitcoin reaches a new high of over $82,000 following Donald Trump's return to the U.S. presidency, with strong investor enthusiasm and significant ETF inflows.
Stacks strong correlation with Bitcoin suggested a possible rally.
Jalak Jobanputra, founder and managing partner of Future Perfect Ventures, discusses the unleashed pent-up demand for cryptocurrencies after Trump's election win. She speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
Bitcoin's ability to reach and hold the $100,000 level will be influenced by the upcoming $11.8 billion options expiry.