Ethereum (ETH), the world's second-largest cryptocurrency by market cap, is showing signs of a potential price decline after recent bearish price action. In addition to the price action, whales and industry experts seem to be losing interest in the altcoin, as revealed by the on-chain analytics firms IntoTheBlock and CryptoQuant.
Bitcoin reaching an all-time high of $107,000 reflects the strong bullish sentiment in the market in the past two months. To understand what caused the persistent upward momentum this year, we can turn to the true market mean price (TMMP) and AVIV ratio.
MicroStrategy, the business intelligence firm led by Michael Saylor, has ramped up its Bitcoin (BTC) acquisition strategy for the sixth consecutive week. This latest purchase comes as BTC has surged to new all-time highs, with the leading cryptocurrency recently surpassing the $106,00 mark on Monday.
The cryptocurrency market has reached an impressive milestone, crossing the $3.7 trillion mark in total market capitalization. Bitcoin has been a major contributor to this growth, achieving a new all-time high of $106,488.25, reflecting growing optimism among investors.
The Bitcoin market continues to show signs of strength, with price projections fueling a heated debate among investors.
MicroStrategy, the software intelligence firm led by Michael Saylor, is setting the stage for a monumental shift in how businesses view Bitcoin as an asset. With a bold move signaling their commitment to cryptocurrency, the company is now poised to become the world's first Bitcoin bank.
The market leader has made a significant comeback, as Bitcoin has risen to a new all-time high of $106,000. Strong market fundamentals and increasing institutional interest have supported investor sentiment, as evidenced by this breakout, which highlights Bitcoin's ongoing momentum.
Riot Platforms announced today that it had completed its offering of the 0.75% convertible senior notes due 2030 to raise $594.4M. The Bitcoin miner used the additional proceeds from its coupon-convertible bond issue to acquire 667 BTC at $101,135 per token, bringing its total BTC holding to 17,429 BTC.
Bitcoin miner Riot Platforms has purchased 667 BTC worth $69 million, according to recent SEC filings. The acquisition was made at an average price of $101,135 per Bitcoin.
Bitcoin (BTC) could hit a peak of $290,000 in early 2026 if it repeats the price action seen during the 2017 bull run, according to the latest edition of the “Bitfinex Alpha” report. The projection is based on historical price patterns during bull cycles, institutional adoption, and key technical indicators.
Digital assets manager CoinShares says institutional investors poured a record $3.2 billion into crypto investment vehicles last week. In its latest Digital Asset Fund Flows report, CoinShares says that last week, institutional crypto investment products saw net inflows that brought yearly flows to $44.5 billion, a new record.
Bitcoin (BTC), once dismissed by many as a speculative asset, is now being considered by some financial experts as a potential solution to the United States' national security and economic challenges. In a recent interview with Bitcoin advocate Robert Breedlove, macro investor Luke Gromen proposed that the US may soon have little choice but to elevate Bitcoin as a neutral reserve asset.
‘Pharma Bro' Martin Shkreli recently criticized MicroStrategy CEO and co-founder Michael Saylor for initiating his Bitcoin playbook for the asset management company. Pharma Bro mentioned on the Shkreli Planet podcast that Saylor was drunk on the idea.
The much-anticipated Avalanche9000 upgrade is finally live on the Avalanche mainnet. According to the announcement on X, this will upgrade is crucial in ushering in a larger number of Layer-1 blockchains on the mainnet.
Joseph Vafi, Canaccord Genuity managing director of equity research, joins 'Fast Money' to talk Microstrategy, bitcoin, and what is next for the crypto regulation space.
As the Dogecoin (DOGE) price consolidates near $0.40, bullish catalysts for the world's largest meme coin continue to build in the background, suggesting a new leg higher could be just around the corner. The post Dogecoin Price Set to Blast Past $3.0 Soon? Here's Why That's Likely appeared first on Cryptonews.
Bitcoin surged to a new all-time high today, reaching $106,533 and solidifying its position as the market leader in this ongoing bull run. The price action has been exceptionally bullish, offering only three quick chances for investors to buy small dips in recent weeks.
Avalanche (AVAX) launched its Avalanche9000 upgrade, transforming C-Chain and subnets. The project aims to draw in new app creators with a simplified, cheaper process of launching a L1.
Bitcoin and Ethereum have led top crypto asset gainers following the last price rebound. Most traders expect a positive run based on both assets, citing growing institutional demand and the decentralized finance (DeFi) ecosystem.
Ethereum is following Bitcoin's lead toward $4K, but strategic manipulation is keeping it just out of reach.
On-chain data shows that Bitcoin miners have been selling for around a year now. Here's how much they have sold so far.
The Ethereum (ETH) price pushed above $4,100 for the first time this year on Monday, as bullish sentiment rises following Bitcoin (BTC)'s renewed push to fresh record levels above $107,000. The post BlackRock Exec Predicts Massive Ethereum ETF Boom – Is $5,000 ETH Next? appeared first on Cryptonews.
Bitcoin hit a record high above $107,000 on Monday after President-elect Donald Trump reiterated plans to create a U.S. bitcoin strategic reserve, stoking the enthusiasm of crypto bulls. Here's how the plan could work.
The cryptocurrency world is buzzing after Bernstein analysts identified the recent Bitcoin price crash as more than just a downturn: it is an opening for an investment opportunity in WallitIQ (WLTQ). This hidden altcoin, priced at $0.0243 during its presale, is projected to explode by 57,800% by Q4 2024.
Launched in 2009, Bitcoin has massively surged as the flagship cryptocurrency recently hit an all-time high of $106,533. Since the U.S. presidential election, the value of the cryptocurrency has increased by at least 50 percent.
Bitcoin adoption in Palestine has become a lifeline, offering a secure, decentralized way to send and receive money despite financial restrictions. It helps Palestinians access essential resources like food and medicine, especially during conflicts.
667 Bitcoins (BTC) priced at about $101,135 were bought by the corporation. A total of 17,429 Bitcoin is now in the miner's balance.
Billy Markus, also known as Shibetoshi Nakamoto online and the creator of Dogecoin, has revealed his five favorite cryptocurrencies in a series of posts on X between the 14th and 15th of December 2024.
Leading crypto exchange Bitget has reached a critical milestone for itself as it is the very first digital asset trading platform that has been granted a license to be a Bitcoin Service Provider via El Salvador's Central Bank. The exchange announced this following President Nayib Bukele revealing El Salvador's BTC holdings made an unrealized profit
Bitcoin mining—once viewed as an energy-hungry villain—has quietly emerged as an unexpected ally in the continent's push toward a sustainable energy future. While the environmental costs of cryptocurrency mining have long been a topic of heated debate, recent developments show that Bitcoin miners are playing a crucial role in stabilizing Europe's energy grid, utilizing surplus energy, and aiding the integration of renewable energy sources.
Crypto investment products saw $3.2 billion in inflows last week as ETF hopes drove investors towards XRP, according to CoinShares.
Presto Research, the analytical division of the algorithmic trading firm Presto, has just dropped its debut annual report titled “From Chaos to Clarity,” shining a spotlight on the wild ride of crypto trends in 2024 and throwing some daring forecasts for 2025.
Michael Saylor, the Chairman of MicroStrategy, was recently interviewed on CNBC, where he talked about the potential of Bitcoin (BTC) to solve the United States debt problem. He even compared the cryptocurrency to early bets on Manhattan, New York City, and its economy.
The much-anticipated Avalanche9000 upgrade introduces improvements that make it cheaper and easier to launch “subnet” blockchains.
Michael Saylor thinks Bitcoin is the new Manhattan. On Monday, the MicroStrategy chairman called the king crypto “cyber Manhattan” during an interview, doubling down on his belief that Bitcoin is the ultimate economic powerhouse.
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss bitcoin's rally.
A closely followed on-chain analyst says that investors are pulling out massive amounts of Bitcoin (BTC) over the last week. Popular analyst Ali Martinez says in the second week of December, market participants took out nearly $4 billion worth of BTC from crypto exchanges.
Bitcoin‘s potential for extended growth is regaining traction following several bullish technical indicators and price movements cited on its chart. With recent breakouts, many crypto analysts believe a major rally for BTC could be around the corner.
Ethereum broke above $2800 in early November, triggering our Bullish path. We expect a top of around $4800, a pullback to $3200, and then a rally to at least $10000.
Ethereum gaming platform Nifty Island is launching its ISLAND token. Here's what you need to know about the airdrop, tokenomics, and more.
The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.
World's largest corporations are exploring a new avenue for securing their wealth: Bitcoin (BTC). As traditional markets fluctuate and the value of fiat currencies remains unpredictable, major firms such as MicroStrategy, Tesla, and Tether Holdings are increasingly turning to Bitcoin to diversify their corporate treasuries.
Bitcoin hit a new all-time high of $107,822 according to Coingecko data on Monday, as bullish hopes are fueled by President-elect Donald Trump reportedly contemplating an executive order to establish a Strategic Bitcoin Reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $106,240.24 +3% Ethereum (CRYPTO: ETH) $4,052.99 +4% Solana (CRYPTO: SOL) $217.53 -1.5% XRP (CRYPTO: XRP) $2.48 +2.8% Dogecoin (CRYPTO: DOGE) $0.4049 +0.8% Shiba Inu (CRYPTO: SHIB) $0.00002744 -0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 2.9% and daily active addresses falling by 0.4%.
Bitget received a Bitcoin Service Provider (BSP) License in El Salvador, allowing it to offer various services to clients in the country. This is part of Bitget's broader strategy to win acceptance in several new markets.
U.S. spot ETFs for bitcoin and ethereum maintained consecutive weekly inflows with $2.17 billion and $855 million each. Bitcoin and Ethereum ETFs Hit Significant Weekly Inflows Bitcoin and ethereum exchange-traded funds (ETFs) hit significant weekly numbers, as both ETFs maintained their inflow streaks. Metrics from sosovalue show that U.S.
Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
BTC Yield surged to 92.8%, reflecting Semler's effective strategy of leveraging equity funding to rapidly expand bitcoin holdings.