Following Donald Trump's victory, the crypto market attention is now on the upcoming FOMC meeting, where the Federal Reserve is expected to announce a potential 0.25% rate cut potentially driving Bitcoin price to $100K.
The United States is soon to become the only big nation with a bitcoin national reserve following the election of Donald Trump.
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Michael Saylor, founder and chairman of MicroStrategy, said: “We have a #Bitcoin President”.
As markets brace for today's crucial Federal Reserve interest rate decision, all eyes are on Bitcoin, which has recently surged above $76,000.
Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between blockchains.
The Ethereum network is preparing for the Pectra upgrade to go live on the mainnet in the first quarter of 2025 through the Mekong testnet.
BlackRock's spot Bitcoin exchange-traded fund (ETF) witnessed a record trading day on Wednesday following Republican Donald Trump's win in the U.S. presidential election. The record-breaking volumes came as the alpha crypto broke out to fresh all-time highs.
Peter Brandt, considered by many to be a trading legend, who has been active on the financial markets since the 1970s, recently shared a fresh perspective on the price performance of two major altcoins: Ethereum (ETH) and Solana (SOL).
Trump's victory boosts hopes for a national Bitcoin reserve, though skepticism lingers over whether it will happen.
Ethereum and Tron are building positive momentum and are ready to surge higher, while Sui has reached record levels following the U.S. election
Legendary trader Peter Brandt, with nearly five decades of experience in trading since 1975, has shared a bullish forecast for the Bitcoin price trajectory in 2025. Taking to X, Brandt stated: “Bitcoin $BTC is now in the sweet spot of the bull market halving cycle that should top in the $130k to $150K range next Aug/Sep. I measure cycles differently than most.
Bitcoin's mining difficulty recently rose to its highest ever. The mining difficulty — which measures how hard it is to discover new blocks on the Bitcoin blockchain — spiked 6% to an all-time high of 101.65 trillion amid a record hash rate for the network.
Staking could significantly boost the flow of investments into US-traded Ethereum exchange-traded funds (ETFs), according to Tom Wan, a former crypto analyst with 21.co. On Nov. 7, Wan pointed out that staking could help the funds reduce management fees, increase the overall amount of Ethereum staked, and provide more substantial incentives for investors.
Expert analysts believe that the present economic situation has left investors looking for better ways to protect their wealth.
The short and long-term search trends show a renewed interest in digital assets.
Jason Lowery, US Space Force Major and author, believes Bitcoin is a far-from-conservative technology transforming physical energy into secure digital power by taking “watts to secure cyberspace” rather than logic encoded. For Lowery, the Bitcoin network provides a different perspective on protecting everything from software instructions to sophisticated data structures associated with digital assets and
Mekong testnet allows developers to test UX and staking updates ahead of the Pectra upgrade. Stakers can experiment with new deposit and withdrawal workflows.
Eclipse Foundation announced on Nov. 7 that Eclipse, a Solana Virtual Machine-powered layer-2 on Ethereum, had launched its public mainnet.
An Ethereum whale with a dormant account since 2016 recently reactivated to sell 11,005 ETH, earning a $30 million profit as Ethereum prices surge. The transaction highlights Ethereum's long-term investment appeal amid rising crypto market optimism. Analysts weigh in on Ethereum's potential for continued growth. The post Dormant Ethereum Whale Reactivated After Eight Years, Makes $30 Million from Trading appeared first on Cryptonews.
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.
The price of Ethereum (ETH) has risen significantly and has crossed the moving average lines. Ether has risen to $2,700 and is approaching the resistance of $2,850.
"Investors are watching closely, hoping that pro-crypto promises made during recent conferences will be fulfilled," an analyst said about the election.
After the results of the 2024 presidential elections, JPMorgan expert analysts expect that gold and bitcoin both benefit from Trump's return to the White House. Both of the assets will gain in the president's second round.
After the results of the 2024 presidential elections, JPMorgan expert analysts expect that gold and bitcoin both benefit from Trump's return to the White House. Both of the assets will gain in the president's second round.
Mattereum may move to Washington D.C., which would mark a reversal of the trend of crypto companies threatening to leave the U.S.
Ever since Bitcoin & Crypto proponent Donald Trump became the new president-elect of the United States, the bulls have jumped in action. Some tokens have ranged above the bearish influence, while others are poised to form new highs in a short while.
Bitcoin is inches from the most rapid gains in its latest bull market, BTC price analysis concludes.
World Liberty Financial, the decentralized finance (DeFi) project backed by the family of U.S. presidential elect Donald Trump, has made $1 million in unrealized gains following a muted token sale last month.
Following Donald Trump's presidential win, JPMorgan (NYSE:JPM) analysts expect both Bitcoin (CRYPTO: BTC) and gold to see significant gains, attributing the expected growth to a "debasement trade." What Happened: This investment approach is designed to benefit from currency devaluation, often resulting from inflationary or expansionary fiscal policies, The Block reported.
A dormant Ethereum whale with $1.14B in ETH began selling today, offloading $37.38M in six hours.
Discover key insights, expert analysis, and bullish Bitcoin price forecasts featured in the October 2024 edition of The Bitcoin Report.
Two of Ethereum's long term holders have sold $89.72 million worth of ETH as transfers into exchanges spikes.
This short-term testnet lets developers try out new features that focus on improving user experience (UX). It also aims to make Ethereum easier for people who “stake” or help secure the network.
US Space Force Major and author of “Softwar,” Jason Lowery, calls on the United States to reassess Bitcoin's role with a US Bitcoin National Defense policy proposal. He contends that Bitcoin represents a strategic tool for national defense by using physical power to secure cyberspace, emphasizing its significance beyond a mere financial asset.
TL;DR Ethereum has seen a 7.39% increase in the last 24 hours, reaching a price of $2,811.13. Experts, such as VanEck's Matthew Sigel, believe that Ethereum could be “oversold” and that a significant rally is ahead. Technical analysis suggests that Ethereum needs to break above the $2,876 resistance to reach $3,000 and potentially $3,300.
The Bitcoin market continues to look bullish, despite the fact that we pulled back early Thursday. This is a situation where we have broken out, and now we are looking to confirm that breakout.
Bitfinex marks its 12th anniversary, highlighting its role in advancing Bitcoin technology and digital finance, with a focus on innovations like Lightning Network support and tokenized securities.
As interest builds, the proposal may pave the way for broader cryptocurrency adoption across the U.S.
Bitcoin is trading around $75,000 following Donald Trump's victory in the U.S. election, stirring fresh optimism in the crypto market. Trump's pro-crypto stance has ignited excitement among analysts and investors who anticipate favorable policies for digital assets in his administration.
Yesterday, 12 spot Bitcoin ETFs hit over $6 billion in trades—their biggest daily total since March.
The Bitcoin price has achieved a new ATH during the early Asian market today. This has resulted in the altcoin market experiencing a similar price trend. With fear and greed indicators turning extremely bullish, the crypto space hints at a potential bull market in the coming time.
Bitcoin demand from U.S investors has surged since election day, with the Coinbase premium shifting positive.
The two whales have acquired $142 million worth of Bitcoin since Trump's victory in the US election was confirmed, showing growing investor demand for Bitcoin.
As expected, the Bitcoin and crypto frenzy will occur hours after Republican Donald Trump's election. Crypto has become an election issue, with Trump offering a more friendly policy tone than his rival, Kamala Harris, who conceded to Trump's victory, yesterday.
October was a meme token month, but several other important developments shaped the crypto market. Binance's latest monthly market insights report showed the modest overall growth of 2.8% came with important infrastructure and liquidity developments.
IllumineX leverages the advanced confidential compute capabilities of the Oasis Saphire, aiming to address the significant privacy challenges facing crypto users today. The post Non-Custodial Wallet IllumineX Launches Privacy Solution for Bitcoin appeared first on Cryptonews.