One market analyst said there's “no reversal in sight” for Ethereum's value against Bitcoin.

Leading cryptocurrencies jumped as polls began to close in the high-stakes presidential election between Donald Trump and Kamala Harris. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.

XRP rises as Trump leads early; SEC implications may pave the way for a US XRP-spot ETF.

In a notable transaction, a large holder of Bitcoin—referred to as a “whale” in crypto circles—moved 1,600 BTC, valued at over $108 million, from one undisclosed wallet to another. Blockchain monitoring service Whale Alert flagged this transfer, immediately drawing attention from Bitcoin analysts and enthusiasts who are now speculating on what this could mean for the market.

Bitcoin price is surging again above $70,000. BTC is showing signs of strength and might even clear the $73,500 resistance zone amid Trump's lead.

The Linux Foundation has closed the historic Bitcoin Mailing List, prompting Bitcoin Core developers to move it to Google Groups for continued support.

Warren has amassed nearly 75% of the votes for the Massachusetts seat, setting her up for a third term in the United States Senate.

Bitcoin rose 4.3% to $71,450 amid the US presidential election, with its 2024 gains surpassing traditional assets.

The dollar rallied broadly on Wednesday as early exit polls in the extremely close U.S. presidential election appeared to give an edge to Republican Donald Trump.

The Bitcoin (BTC) price is probing $71,000 as early US Presidential election results roll in and suggest ex-President Donald Trump is performing well, boosting his odds of clinching the presidency on betting markets. The post Bitcoin (BTC) Tests $71,000, Eyes All-Time Highs as Early US Election Results Bolster Trump Victory Odds appeared first on Cryptonews.

Bitcoin is entering what many consider the most pivotal week of this market cycle, not due to the looming U.S. election or the Federal Reserve's upcoming interest rate decision, but because it's on the brink of breaking all-time highs.

Memecoins DOGE and SHIB have outperformed on US election day as US citizens cast their ballots.

Bitcoin recent price movements amid the US presidential election 2024 have led to its price currently standing at around $69,092, following a drop below the $70,000 level last week. This relatively low volatility has marked a calm period for Bitcoin, allowing it to stabilize in the $68,000 to $69,000 range over the past few days.

A break in the bullish structure of the BTC.D would be an early sign that the altcoin season is arriving.

Bitcoin miners could be squeezed out by deep-pocketed tech giants that can outbid them for prime power sources.

EigenLayer, Ethereum's largest restaking platform, introduces Bitcoin restaking options, including yield opportunities for Wrapped Bitcoin.

Bitcoin exchange-traded funds (ETFs) experienced their largest single-day outflows ever, with a staggering $580 million pulled from these investment products. This massive withdrawal marks a significant shift in investor sentiment, raising questions about the current state of the cryptocurrency market and what might lie ahead for Bitcoin and other crypto assets.

Around $68,685, the price of Bitcoin is beginning to show indications of a possible reversal, suggesting a fresh upward trend toward or perhaps above the $70,000 mark. Following resistance close to recent highs, Bitcoin has consolidated steadily, indicating that buyers may regain control for a bullish continuation.

On-chain data shows the Bitcoin long-term holders have started a phase of distribution recently. Here's what this could mean for BTC's price.

Less than a day before the polls closed in the United States, crypto analysts continued to offer their two cents on the future of Bitcoin and cryptocurrencies. For example, many Wall Street analysts say wild BTC market prices will continue after the elections.

Semler Scientific, a medical device company based in Santa Clara, is making headlines with its strategic pivot towards Bitcoin. Following a recent acquisition of 47 BTC in the third quarter of 2024, the company now holds a total of 1,058 BTC, equivalent to approximately $71 million.

Wallets associated with the now-defunct cryptocurrency exchange Mt. Gox have nived around $2.19 billion worth of the flagship cryptocurrency in a move that could bring relief to more of its thousands of creditors. According to on-chain cryptocurrency analysis firm Spot On Chain, Mt. Gox moved 31,371 BTC worth around $2.

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XRP, the digital asset linked to the Ripple network, has been a subject of much debate among cryptocurrency traders and analysts. A recent chart analysis by crypto analyst Egrag has drawn attention to an interesting feature in XRP's price history: a seven-year unbroken support level.

Long-term holders are selling more cautiously, suggesting a potential shift in market dynamics.

Mt. Gox is back in the news, this time, transferring 32,371 Bitcoin, valued at $2.19 billion at current prices, to an undisclosed address. The transaction from a defunct crypto exchange happened when Bitcoin's market price was stuck in the $65k to $73k range and anticipating the results of the US elections.

The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.

Bitcoin enthusiasts and investors are eagerly watching the cryptocurrency's price movements. After a year of fluctuations and uncertainty, many are wondering if Bitcoin can reach a new milestone by mid-December, potentially hitting $100,000 per coin or higher.

As Americans await poll results, analysts are already spotting signs of how Bitcoin traders are playing potential Trump or Harris wins.

The bounce from $0.5 was a sign that sellers were likely exhausted, but it is unclear if the buyers have the strength right now to reverse the momentum.

Recent action has seen Bitcoin price retest the $67,000 price level. Particularly, the Bitcoin price declined by about 8.9% in seven days from $73,464 on October 29 to $66,895 on November 4, as many short-term traders exited their positions.

Bitcoin's (BTC) price climbed to $70,000 today ahead of the US presidential election, indicating the connection between major political events and cryptocurrency movements. Historically, political uncertainty and significant elections have influenced crypto market sentiment and volatility.

BitFuFu set an example for resilient mining, increasing its revenues in Q3, 2024 despite more competitive BTC production operations.

Ethereum Foundation contributor Josh Stark highlighted Ethereum's (ETH) “hardness” as its defining quality in the digital economy, emphasizing its ability to provide unmatched predictability and immutability for decentralized applications. Stark argued that these qualities make Ethereum a resilient foundation, setting it apart from other blockchains and traditional institutions.

MARA (NASDAQ: MARA) has released its unaudited Bitcoin production update for October 2024, reporting a total production of 717 Bitcoin, which represents a 2% increase compared to the previous month. The company's energized hash rate increased by 14% to reach 40.2 EH/s, marking the highest production month since the Bitcoin halving event in April.

The U.S. elections are set to make a significant impact not only on politics but also on the cryptocurrency market, particularly on XRP. Currently, XRP is trading around $0.5072, showing a modest increase of 0.1% in the past day.

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Bitcoin has been volatile Tuesday as voters choose the next American president, but Solana, Dogecoin, and other coins are rising even faster.

Microsoft faces potential shareholder lawsuit if it rejects Bitcoin investment, though the board advises against it. The post Microsoft's decision on Bitcoin could trigger shareholder lawsuit appeared first on Crypto Briefing.

Bitcoin has seen three U.S. elections so far and it has rallied subsequently in all three previous times. According to CoinDesk reporter James Van Straten, bitcoin could experience a significant rally once the volatility induced by the current election settles down, if history repeats itself.

As Bitcoin mining expenses surge, operators are turning to AI to navigate rising costs and market volatility.

You already know it's Election Day, and we've detailed the events leading up to today and what the results could spur in crypto land.

Bitcoin retests $70K in a wild rally as investors await the U.S. presidential election results.

Bitcoin's mining difficulty has climbed past an unprecedented 100 trillion, marking a new peak in the complexity of finding blocks on the network. Bitcoin's Mining Difficulty Hits 100 Trillion The difficulty level increased by 3.94%, now sitting at 101.65 trillion. Essentially, this metric gauges the challenge of adding a new block to the Bitcoin blockchain.

Bitcoin has experienced wild price swings since Vice President Kamala Harris announced her candidacy for the U.S. Presidential election in July 2024. The largest cryptocurrency attempted to test its previous all-time high of $73,738 on Oct.

The highly anticipated US presidential has arrived, and market onlookers are keenly awaiting the results. The crypto market has been bullish today, with BTC breaking through the crucial $70,000 level.

Cryptocurrency markets are trading higher as markets predict a Trump win, boosting sentiment.