Boyaa now holds more than 3k BTC after converting Ethereum into Bitcoin

Cryptocurrency markets are closing Friday strong, with Bitcoin's performance paving the way for altcoin gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,590 +2.8% Ethereum (CRYPTO: ETH) $3,600 +1.0% Solana (CRYPTO: SOL) $242.66 +2.8% Dogecoin (CRYPTO: DOGE) $0.4355 +9.6% Shiba Inu (CRYPTO: SHIB) $0.00002621 +4.0% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22.6% and daily active addresses falling by 8%.

Data shows that open interest on Ethereum derivatives contracts has recently exploded upward to a new all-time high of $23 billion, up from around $7 billion at the beginning of the year, in an upward move that one analyst suggest is “guaranteed for heavy fireworks.

Bitcoins meteoric rise of 158.9% places it far ahead of crude oil on Bloombergs scorecard. Mike McGlone points to rapid technological advancements and geopolitical pressures as driving forces, signaling major market shifts as 2025 approaches.

Ethereum (ETH) continues to surge past key resistance levels, analysts are setting ambitious price targets for the cryptocurrency. Recently, Ethereum broke through significant hurdles at $3,350 and $3,400, before climbing to a multi-month peak of $3,688.

An Ethereum user known as p0pular.eth was able to lure Freysa, a highly developed AI, into transferring its prize pool of 13.19 ETH ($47,000). Freysa had been designed not to allow any transfer of funds, which made this achievement rather remarkable in the world of blockchain.

Ether, the second largest crypto after by market cap, might be hustling for a second act — and looks like it's Donald Trump's presidency that could light the fuse. Ethereum and its ETFs have surged 49% since November 5, beating Bitcoin's 38% rise in the same period.

Ethereum is gaining momentum, with rising prices, reduced exchange supply, and increasing active addresses signaling bullish potential.

The co-founders of the crypto analytics platform Glassnode believe that Bitcoin (BTC) may start heading higher after retracing to the low $90,000s based on one metric.

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Real Vision's head crypto analyst Jamie Coutts says that during the last two years, about $1.1 trillion of the world's money supply has been fed into Bitcoin (BTC) and other assets.

BlackRock's iShares Bitcoin Trust (IBIT) continues to lead the way with inflows of $5.4 billion in November alone. The post Bitcoin ETFs See Record Monthly Inflows of $6.2B as BTC Price Nears $100K appeared first on Cryptonews.

A notable surge in activity puts analysts' eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana?

A notable surge in activity puts analysts' eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana?

One of the top Hong Kong-based gaming companies, Boyaa Interactive, has converted $49.48 million worth of Ethereum into Bitcoin. The gaming company has now become the largest corporate Bitcoin holder in Asia.

Altcoins like Solana (SOL), Dogecoin (DOGE), and Render (RENDER) are showing strong momentum as Bitcoin nears $100,000. Solana recently hit a new all-time high and continues to attract users and trading volume.

With Bitcoin's dominance sustained by institutional and ETF flows, altcoins will have to rely on exchanges for the next altseason or find new strategies to attract capital.

The UK Court of Appeal has ended Craig Steven Wright's bid to overturn the decision that dismissed his claim to the title of Satoshi Nakamoto, the pseudonym of the Bitcoin creator, to an end.

Ethereum is grappling with a critical resistance level at $3,659 as momentum appears to wane. After a period of steady gains, the cryptocurrency has moved into a consolidation phase, with bulls struggling to push it higher.

Davinci Jeremie, the early Bitcoin advocate who famously urged people to buy BTC when it was just $1 over a decade ago, has set his sights on another cryptocurrency.

Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins.

Shiba Inu (SHIB), a leading meme coin, has gained notable traction this month, riding on a wave of market optimism. Over the past year, SHIB's value has surged by an impressive 200%, highlighting its resilience and strong community backing.

Bitcoin's recent rebound fuels renewed hopes for a $100K breakout as market sentiment ticks up.

Grayscale Investments' head of research Zach Pandl expects Ether to benefit more than Bitcoin as Donald Trump takes the office in January. Trump has already promised regulatory clarity and more accommodative policies for digital assets.

Bitcoin CME futures have surged past $100,000 for the second time in just five days, signalling robust institutional demand and fueling optimism for the cryptocurrency's spot price to achieve the same milestone.

Renowned trader Gareth Soloway, who has over 25 years of market experience, shared his price predictions for Bitcoin over the next few years. Drawing parallels to his experiences during the dot-com bubble, Soloway highlighted the importance of learning to read charts and adapting strategies, likening it to becoming “the casino instead of the gambler.

A closely followed crypto analyst says that one top-50 altcoin by market cap is primed for an explosive breakout.

The U.S. Securities and Exchange Commission (SEC) is the key regulatory body overseeing financial markets, including digital assets like Bitcoin. As the crypto world continues to grow, all eyes are on the possibility of Paul Atkins becoming the next SEC Chairman under a second Trump administration.

Ethereum surged 33% this month, fueling debates about its $4,000 potential as analysts weigh in on its path forward.

Once a prominent player in the cryptocurrency lending space, Celsius Network has commenced its second round of distributions to creditors, amounting to $127 million. This follows the company's prior efforts to distribute approximately $3 billion in crypto and fiat currency, initiated after a successful vote on its reorganization plan earlier this year.

The MicroStrategy chair isn't leaving Bitcoin out of his Thanksgiving festivities or menu this year.

Bitcoin's [BTC] recent gains could diminish as sellers take control.

A crypto enthusiast known as p0pular.eth has successfully convinced an AI agent named Freysa to transfer its entire prize pool of 13.19 ETH, approximately $47,000 USD, into their possession.

The gods must have heard crypto investors' prayers over Thanksgiving. As markets open up Friday, Bitcoin has regained the $97,000 support level.

The Bitcoin market has been on an impressive upward trajectory, surging over 35% in the last 30 days. On November 6, Bitcoin broke its previous all-time high of $73,000, and as of now, the price remains nearly 30.95% above its mid-March all-time high.

As Bitcoin (BTC) edges closer to the much-anticipated $100,000 milestone, the cryptocurrency market is back in the global spotlight. A sharp 45% rally since the U.S. presidential election has brought Bitcoin within $1,000 of the six-figure mark on November 22, sparking renewed enthusiasm among investors.

Bitcoin CME futures pushed above the $100,000 market, but BTC's spot price struggles to mirror the move.

Bitcoin CME futures pushed above the $100,000 market, but BTC's spot price struggles to mirror the move.

Boyaa Interactive, a Chinese gaming giant, has become the largest corporate holder of Bitcoin in Asia, overtaking Japan's Metaplanet. This follows Hong Kong-listed Boyaa Interactive's move to convert $49.

As Bitcoin (BTC) hovers near the $100,000 mark, on-chain data indicates increased demand for the pioneer cryptocurrency, a move likely to act as a catalyst for achieving the six-figure valuation.

Bitcoin's price surge toward $100,000 has triggered record-breaking profit realization and intensified distribution activity among long-term holders, according to Glassnode and its researchers, Ukuria OC and Cryptovizart. Glassnode Insights: Bitcoin's Rally Reveals a Record $2 Billion in Daily Profits As bitcoin (BTC) prices edge closer to six figures, long-term holders are actively redistributing their holdings.

The lack of liquidity and scale will force the Bitcoin ecosystem's DeFi to surpass others. Governments are discussing Bitcoin strategic reserves, according to Hoskinson.

The OI in Bitcoin futures has increased from $39B on November 5 to the current level of $60.9B. Institutional and individual traders alike often use leverage build-up strategies as per analysts.

Bitcoin's dominance in the crypto market has recently decreased, falling below 57%, while Ethereum has experienced a significant increase! Discover the reasons behind this change.

Samson Mow reveals why Bitcoin's $100,000 milestone could spark explosive growth and lead to "hyperbitcoinization.”

Bitcoin ETFs set a record $6.2B inflows in November, signaling growing institutional interest as regulatory optimism boosts market confidence.

Latest data suggested Bitcoin might be at its market bottom, hinting at a rally towards $100k.