Could Cardano's DeFi model change Bitcoin forever?

Bitcoin is bouncing back strong, recovering from this week's healthy correction and inching closer to the $100K milestone.

Bitcoin, the world's largest cryptocurrency, has hit a stumbling block just shy of the highly anticipated $100,000 mark. After peaking at $99,000, Bitcoin's price has retreated slightly, leaving analysts and traders debating whether this is a momentary pause or a sign that the bull rally might be losing steam.

Bitcoin crossing $100,000? It sounds wild, but that's exactly what Robert Kiyosaki, author of Rich Dad Poor Dad, is saying. He believes Bitcoin's price is about to shoot up, and once it does, it could be too expensive for the average person to get in on.

Cryptocurrency Prices Today, November 30: The broader market witnessed mixed price action, sparking investor speculation globally. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) continued trading within tight ranges.

Bitcoin, the world's leading cryptocurrency by market capitalization, is making headlines with its recent 33% rally, bringing it closer to the $100,000 mark. However, Charles Hoskinson, the visionary founder of Cardano, has an even bolder projection: Bitcoin surpassing $250,000 within the next two years.

Bitcoin's risk indicators, critical metrics that help to determine the next direction of BTC's price have risen significantly alongside the crypto asset's ascent towards various pivotal levels, indicating a potential sell signal.

Bitcoin and Ethereum, which crypto is winning the race in 2024?

Bitcoin's journey toward the coveted $100,000 mark continues to capture market attention, drives debates about whether it will achieve a breakout or succumb to a pullback. With BTC trading near $97,000 at the time of writing, the cryptocurrency is at a critical juncture, balancing between bullish optimism and cautious uncertainty.

Ripple's RLUSD stablecoin gains traction with potential NYDFS approval, boosting XRP demand and challenging SWIFT's dominance in remittances.

Ethereum (ETH) stands at the forefront, capturing attention with its upward price trajectory. With bullish momentum brewing and institutional interest rising, Ethereum appears poised to break significant resistance levels.

Key Points:

Robert Kiyosaki, author of Rich Dad Poor Dad, has sparked discussion about Bitcoin's potential to reach new heights. In a recent post, he stated that FOMO (Fear of Missing Out) could benefit investors as Bitcoin price approaches the $100,000 mark.

A recent dip in Bitcoin's price to the low $90,000s, a prominent crypto analyst is confident that the cryptocurrency has yet to enter its most explosive phase. Known for accurately predicting past Bitcoin trends, pseudonymous trader Dave the Wave tells his 147,300 followers on X (formerly Twitter) that the world's leading digital currency is still on track to soar into the six-figure territory in the near future.

The price of XRP has risen by 20% to $1.166, continuing its remarkable rally. Based on Elliott Wave Theory, the current move is consistent with the bullish pattern's pivotal third wave, which is frequently thought of as the strongest and most significant stage of an upward trend.

Although currently undergoing a brief correction after almost touching the $100,000 price level, technical analysis has shown the emergence of a bullish pattern on the Bitcoin price chart. Notably, the correction has given rise to the formation of a bullish pennant on the 3-day candlestick Bitcoin price chart.

The Ethereum Foundation (EF) has announced a substantial financial commitment, investing “tens of millions” of dollars into advancing zero-knowledge Virtual Machines (zkVMs), a cutting-edge technology poised to enhance scalability and security within the Ethereum ecosystem.

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.

Boyaa's stash of 3,183 Bitcoin is worth $310 million as of this writing, making the firm Asia's largest BTC treasury reserve holder.

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.