Arthur Hayes, co-founder of cryptocurrency exchange BitMEX, believed President-elect Donald Trump's policies would weaken the dollar, driving up the value of scarcer assets like Bitcoin (CRYPTO: BTC) significantly. What happened: In a blog post titled "Black or White," published Tuesday, Hayes argued that the Trump era would see a massive expansion in bank credit, leading to an increased money supply.

In an interview given to a prominent media house, Antony Pompliano, the founder and CEO of Professional Capital Management, expressed hope that Donald Trump, the new president-elect of the United States, would redefine how the country approaches the cryptocurrency market. He also made certain striking revelations. Let's dive in to learn more.

Bitcoin continues its meteoric rise, a pair of prominent financial executives are making bold predictions about the future of the leading cryptocurrency. SkyBridge Capital's Anthony Scaramucci and VanEck's Matthew Sigel have both shared their optimistic outlooks on Bitcoin's potential, with some speculating that the asset could reach an extraordinary $14 million per Bitcoin by 2050.

Bitcoin has just surged to a new all-time high reaching $90k, with its market cap hitting $1.76 trillion. However, after briefly touching the $90k mark, Bitcoin has dropped 2%, settling at $86,640. While 99.

BlackRock's IBIT fund continued to see strong inflows for the fourth consecutive day, with $778.2 million flowing into the fund on Nov. 12, while other ETFs experienced a slowdown as Bitcoin dipped below $86,000.

Metaplanet Inc. is putting a lot on the line with Bitcoin, and it's definitely grabbing attention. But is the risk paying off? The company's seeing strong revenue from its hotel business, but the crazy ups and downs of Bitcoin are still a huge part of its story.

Bitcoin has shattered all-time highs six times in the past week, marking an explosive surge that's captivated the crypto market. Rising over 32% in less than seven days, Bitcoin has now achieved a milestone by surpassing Silver's market cap, solidifying its place as a dominant asset in the global financial landscape.

Bitcoin (BTC) has performed remarkably over the past week, surging 30% since the November 5 US election. The flagship crypto surpassed its March all-time high (ATH), recording a new high nearly every day for the last seven days.

The crypto market today has demonstrated a rather modest rise, increasing by 1.51% over the last day, bringing the total market cap to $2.98 trillion. The trading volume rose significantly, up by 35.59% to $358.59 billion.

Tokyo-based Metaplanet has more than doubled its Bitcoin while the value of its holdings has soared amid a renewed bull market.

After a palatable rally registered by most of the large-cap altcoins in the past few days, following the Bitcoin (BTC) price spike above $89k, the crypto market recorded heavy losses in the last 24 hours. As Bitcoin price teased below $85.

Japanese firm Metaplanet has been following the footsteps of MicroStrategy for its Bitcoin acquisition strategy. This has resulted in a massive gain in its BTC yield which has led to its valuation nearly double since the beginning of the year.

Bitcoin needs to take stock of recent gains, say market participants, as bulls see repeated rejections at $90,000.

Since Bitcoin broke past its March high of $73,679, Bitcoiners have pulled $20.4 billion in realized profits, but Glassnode believes “further gains” may be on the horizon.

Key Points:

Bitcoin (BTC) is continuing its upward trajectory, with recent developments in the market drawing the attention of investors and analysts alike. The cryptocurrency's funding rate has surged to an impressive 37%, its highest level since March 2024.

Analysts believe the pro-crypto environment provides an opportunity for investors to enter the market.

2 As Bitcoin continues to break records, crypto investors and market analysts are eyeing an ambitious yet seemingly possible milestone – Bitcoin at $100,000 by month's end.

The crypto prices today have sparked mixed investor sentiments across the globe, showcasing fluxing trajectories. Bitcoin (BTC) price rested at the $87K level today, whereas Ethereum (ETH) and Solana (SOL) prices hovered in the red zone.

After registering a 30 percent spike in the last eight days, Bitcoin (BTC) price recorded the first bearish daily close on Tuesday. The flagship coin closed Monday with a dragonfly Doji candlestick, signaling a short-term cool-down of the recent macro bullish breakout.

Bitcoin is on the cusp of reaching $90,000, with a powerful 29% rise over the weekits best streak since the 2023 banking crisis. The rally follows a shift in market sentiment, with investors anticipating new economic policies under the Trump administration.

Entrepreneur and influencer Andrew Tate recently made waves with his bold predictions about Bitcoin's future, claiming that the cryptocurrency is still in its early stages of growth. His remarks come after Bitcoin recently hit a record high of $89,229, igniting widespread optimism in the crypto space.

XRP surges as rumors swirl around Ripple-Trump talks, hinting at SEC appeal withdrawal that could set legal precedent for crypto.

Teslas strategic bet on Bitcoin has hit a major milestone, with its holdings once again exceeding $1 billion, Arkham Intelligence reports. This valuation spike aligns with a resurgent crypto bull market, placing Tesla among other high-profile investors witnessing Bitcoins historic surge.

Bitcoin surged to nearly $90,000 following Donald Trumps election, with investors anticipating a crypto-friendly administration. The rally, fueled by hopes for a national bitcoin stockpile and Trumps pro-crypto stance, sent bitcoin to new highs and boosted mining stocks like Riot Platforms and CleanSpark.

El Salvadors Bitcoin holdings saw a stunning $100 million boost in one week as the cryptocurrencys price climbed to $89,700. The soaring market cap, approaching $2 trillion, underscores Bitcoins growing influence on national reserves as El Salvador continues its groundbreaking crypto investment.

Bitcoin price extended gains above $88,000. BTC is now consolidating gains near $90,000 and might see a minor decline in the near term.

Anthony Pompliano, a prominent Bitcoin advocate, has revealed Donald Trumps Bitcoin ownership, suggesting it could shape U.S. economic policies. Trumps pro-Bitcoin stance may propel BTC to a strategic position within the governments financial strategy, impacting Wall Street and beyond.

Arthur Hayes predicts bitcoin could hit $1 million, driven by Trump's massive credit expansion policies, which he argues will fuel inflation and push investors toward hard assets like BTC.

The U.S. dollar held near a 6-1/2-month peak against major peers and bitcoin was solidly poised just below record highs on Wednesday as markets sized up so-called Trump trades ahead of key U.S. inflation data later in the day.

Robert Kiyosaki shares the price level at which he will stop buying bitcoin, emphasizing discipline over greed as the market heats up.

Crypto investors are getting excited about the latest price surge of Bitcoin, which occurred only days after the US election, fueled by favorable market sentiment toward the digital currency industry. Long-term holders of the firstborn cryptocurrency are now becoming interested in Bitcoin, as the digital coin is fast approaching the much-anticipated $90,000 mark.

Bitcoin has once again made headlines, reaching a thrilling new all-time high of $89,900 before settling slightly lower at $87,983.96. This recent surge has set the stage for a historic market milestone: a staggering $54,000 margin between Bitcoin's current price and its average realized price.

Bitcoin price recently achieved a new milestone, briefly trading above $90,000 following a period of sustained growth. This rally, attributed partly to renewed optimism within the crypto community, has marked a record-breaking period for the cryptocurrency.

With Bitcoin's unrelenting rally toward $100,000, XRP recently reached the psychologically significant $0.60 mark, which should ideally serve as a launching pad for additional gains. Investors are becoming concerned, though, as XRP is showing indications of a possible reversal rather than rising in lockstep.

How is Bitcoin playing a key role in their financial revolution?

In his latest essay titled “Black or White?”Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX, lays out an analysis predicting that Bitcoin could soar to $1 million.

Blackrock's spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $34.3 billion on Friday, overtaking IAU's nearly $33 billion.

Bitcoin recorded its largest daily gain in history with $8,400 added on Veterans Day. Could the largest crypto by market cap hit the $90,000 level?

Nano Labs hopes Bitcoin payments will help expand global transaction options and boost its market position.

The bitcoiners gathered at OP_Next were decidedly in favor of progress – but not too much progress, and certainly not too fast.

Singapore-based AI firm Genius Group has adopted a "Bitcoin-first" strategy, committing to hold 90% of its reserves in Bitcoin and planning to invest $120 million to acquire approximately 1,380 BTC as its primary treasury asset. The post AI Firm Genius Group Adopts Bitcoin as Treasury Asset appeared first on Cryptonews.

BitMEX founder and former CEO Arthur Hayes believes Bitcoin will continue to outperform traditional assets as the US adopts an economic model that mirrors China's state-led capitalism under President Donald Trump's administration.

The Bitcoin price has finally broken out of resistance and is on a journey to the $320,000 threshold, according to a crypto analyst. Notably, the Bitcoin price has now returned into a full bullish sentiment, with the crypto fear and greed index now pointing to extreme greed.

Bitcoin miner MARA, formerly known as Marathon Digital, holds 26,747 bitcoin on its balance sheet as of Oct. 31.

El Salvador has initiated its third dollar bond buyback this year, bolstered by Bitcoin's all-time high after the US election results.

The world's largest exchange, Binance, has recorded $7.159 billion in inflows over the last seven days, marking the second consecutive week with over a billion in inflows this month. The exchange has a total net flow of over $5 billion in November alone.

Leading cryptocurrency Bitcoin (BTC) has been on a relentless bull run, consistently breaking new all-time highs over the past week. As of this writing, the king coin exchanges hands at $85,662, recording a 5% increase in the last 24 hours.