Bitcoin price extended gains above $90,000. BTC is now consolidating gains near $90,000 and might attempt another increase in the near term.

Bitcoin has seen a significant surge in price recently, climbing to $87,378, and while some have attributed this to political events like Donald Trump's election victory, experts are largely focusing on another key factor: a supply shock following Bitcoin's halving event. According to Jesse Myers, co-founder of Onramp Bitcoin, while a Bitcoin-friendly administration may have played a role, the primary reason for this surge is the reduced supply of new Bitcoin entering circulation, creating a scarcity that drives up demand.

The current Bitcoin (BTC) rally could extend until mid-2025, with a potential price peak before a US recession. Bitcoin Could Peak In Mid-2025 Before US Recession A recent Copper Research report, a recent crypto research firm, posits that the leading cryptocurrency by market cap could extend its bullish momentum until mid-2025.

Veteran trader Peter Brandt sees dogecoin mirroring bitcoin's 2016 price pattern, signaling a potential rally as technical indicators align and Elon Musk's influence boosts investor sentiment.

Dogecoin has experienced a sustained rally over the past month, hiking by 234.72%.

If approved, OP_CAT will introduce drastic changes to the Bitcoin network, including covenants, ZK-rollups, and even Bitcoin-native layer 2 networks.

Bitcoin (BTC) perpetual contracts denominated in Tether USD (USDT) show signs of overleveraging, with “open interest to USDT reserve ratio” reaching an all-time high at 0.593 on Nov. 10, according to CryptoQuant data. The firm's CEO, Ki Young Ju, said the current levels are 2.

Bitcoin's recent pullback to $85,155 after hitting an all-time high of $89,950 has generated plenty of discussion among cryptocurrency enthusiasts. With the market cooling off after eight consecutive days of upward momentum, traders and analysts are pondering whether this is just a temporary dip or the beginning of something bigger.

Bitwise's Matt Hougan predicts $500,000 as bitcoin's maturity threshold, with $1 million “absolutely” possible as BTC rises to compete with gold.

Bitcoin (BTC) has hit new highs in recent days, with many users of crypto betting site Kalshi predicting that the largest cryptocurrency on the market could hit the $100,000 milestone before the end of 2024. According to recent data from the event contract market, 60% of users believe Bitcoin will hit this milestone before January, while 45% are betting it could achieve this level as early as November.

The nonprofit foundation supporting the Cardano ecosystem, the Cardano Foundation, has revealed in a recent report that as of Dec.31, 2023, it held $478.24 million in assets, with 82.5% of those being held in ADA, 10.1% in BTC, and the rest in cash and cash equivalents. According to the report, the foundation allocated $19.

A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) is poised to spark massive rallies, en route to astronomical fresh all-time high levels. Analyst Ali Martinez tells his 80,000 followers on the social media platform X that DOGE appears to be trading in a large ascending channel on the weekly chart.

Hashkey Group CEO Xiao Feng believes a pro-crypto Trump administration could pressure China to relax its stance on Bitcoin (BTC) and other digital assets.

President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead DOGE, tasked with dismantling bureaucracy, slashing regulations, and restructuring federal agencies. Trump Appoints Elon Musk and Vivek Ramaswamy to Overhaul Federal Bureaucracy U.S.

Bitcoin continues its meteoric rise, surpassing silver in market capitalization to become the 8th most valued global asset. As of November 2024, the flagship cryptocurrency has achieved a market cap of $1.745 trillion, outpacing silver's $1.725 trillion and marking another milestone in its growth trajectory.

Amid Bitcoin's resurgence, Odell Beckham Jr. revisited his now three-year-old decision to convert his NFL salary into cryptocurrency in alignment with his partnership with Cash App.

The Russian crypto mining giant BitRiver says that Bitcoin can “easily” break the $100k threshold in the “next few days. The post BitRiver: Bitcoin ‘Can Easily Break $100k' in Next Few Days appeared first on Cryptonews.

According to a leading crypto expert, Arthur Hayes, Elon Musk won't achieve much in his new role at the Department of Government Efficiency.

Over $800 million in crypto liquidations reflect heightened market volatility, driven by sudden price swings.

Veteran trader Peter Brandt has brought fresh attention to DOGE by identifying striking similarities between the current Dogecoin price action and the Bitcoin price movements from 2015-2016. Brandt highlighted these patterns in a recent post on social media platform X, suggesting that Dogecoin could be following in Bitcoin's early footsteps.

Elon Musk said Wednesday that Dogecoin's odd tokenomics actually work in the meme coin's favor, which one DOGE founder agreed with.

Peter Schiff, a long-time Bitcoin critic, has recently presented an unconventional plan suggesting that BTC could be the key to addressing the Social Security funding issue in the United States. Schiff, known for his skeptical views on crypto, has proposed that the Social Security Trust Fund should sell off its $2.7 trillion in U.S. Treasury

The world's oldest and biggest cryptocurrency surged to new lifetime highs on Wednesday, setting an early precedent in what a popular industry pundit predicts is just the start.

OKX Ventures invests in Corn, an Ethereum Layer 2 network, aiming to integrate Bitcoin into Ethereum's DeFi ecosystem. This strategic move leverages BTCN for seamless BTC transactions.

Bitcoin price continues its record setting pace this week, blasting through the $90,000 resistance level and winning a new record over $93,000 in the U.S. morning Wednesday. CoinDesk Senior Anchor Christine Lee explains what is behind this latest surge on "Chart of the Day".

President-elect Donald Trump taps Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency to slash wasteful government spending. "CoinDesk Daily" host Christine Lee explores the context, breaks down the reaction and explains what impact DOGE will have in the future.

Bitcoin reaches a new high of over $82,000 following Donald Trump's return to the U.S. presidency, with strong investor enthusiasm and significant ETF inflows.

Stacks strong correlation with Bitcoin suggested a possible rally.

A top market expert believes the Dogecoin price is long overdue for a rally to $1.5. Amid the brewing bullish momentum in the crypto market, investors also target XRP price for a run towards $10 and the new presale token ETFSwap (ETFS) to reach $5.

Jalak Jobanputra, founder and managing partner of Future Perfect Ventures, discusses the unleashed pent-up demand for cryptocurrencies after Trump's election win. She speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Technology.

Bitcoin's ability to reach and hold the $100,000 level will be influenced by the upcoming $11.8 billion options expiry.

Dogecoin's market cap has surged to $60 billion over the past week following Donald Trump's 2024 election victory.

BlackRock's IBIT fund has maintained impressive inflows, attracting a hefty $778.2 million on November 12, marking the fourth consecutive day of strong investment activity. This influx is part of a broader trend of growing investment in Bitcoin exchange-traded funds (ETFs), despite recent fluctuations in cryptocurrency prices.

The Dogecoin price is starting to reverse some of its gains it made last week. At the time of writing, the Dogecoin price is down by 9% in 24 hours, but it is in a good place to reverse these losses very soon.

Bitcoin reached a new all-time high yesterday at $90,243, fueled by a week of intense buying pressure. This latest surge has sparked excitement across the crypto market, with many speculating that the next target could be even higher.

As the industry rides a Trump victory to unprecedented highs, the rich are getting much richer.

The Arkham Exchange is finally live with an initial trading of Bitcoin (BTC), Ethereum (ETH) and some top altcoins. After weeks of preparation, the trading platform which many believe might challenge Coinbase Exchange is finally launched.

Bitcoin's FOMO has been strong in the last two weeks as active addresses surged, but sell pressure has also intensified.

The Senate hopes to push through a Bitcoin reserve bill in the first 100 days of Trump's presidency, while the Republican consults on crypto policy.

Crypto analyst Master Kenobi has revealed the factors that could lead to a Dogecoin price rally to $2 and cause the meme coin to flip Solana and BNB in the process. This came as the analyst outlined a scenario where Dogecoin becomes the third-largest crypto by market cap.

Cryptocurrency markets are trading higher as meme coins Pepe and Dogwifhat were listed for trading on Coinbase (NASDAQ:COIN). Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $90,040.52 +1% Ethereum (CRYPTO: ETH) $3,166.17 -3.5% Solana (CRYPTO: SOL) $210.16 -1.3 Dogecoin (CRYPTO: DOGE) $0.3836 -0.5% Shiba Inu (CRYPTO: SHIB) $0.00002485 -6% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 18.7% and daily active addresses growing by 7.8%.

The Galaxy Digital CEO argued that he does not expect the nearly $36 trillion national debt to be paid without devaluing the currency.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Fried Thiel of MARA discusses how the postelection rally impacts crypto miners.

Bitcoin has been on a roll, breaking through new price levels and continuing its upward journey. The cryptocurrency has surged by more than 30% in just one week, and it now sits on the verge of reaching $90,000.

A massive Dogecoin (DOGE) transactions has caught the eye of the cryptocurrency community, as a massive 200 million tokens worth over $45.7 million were withdrawn from major cryptocurrency trading platform Robinhood Crypto.

The Bitcoin price soared to a new all-time high of $89,940 on Binance on Tuesday, fueled by market excitement over Donald Trump's victory in the US presidential election. The surge comes as Trump has promised to establish a national Bitcoin reserve and has even considered using Bitcoin to pay down the US national debt.

Galaxy Digital CEO Michael Novogratz on Wednesday discussed the prospect of Bitcoin (CRYPTO: BTC) reaching unprecedented price levels if adopted as a reserve asset by nations, although he acknowledged the probability of this scenario remains low. What Happened: Novogratz, in an interview with Bloomberg said, "I think it would be very smart for the United States to take the Bitcoin they have and maybe add some to it.

Bitcoin has now surpassed oil behemoth Saudi Aramco by market capitalization.