Bitcoin jumped 14% in October, fueled by the hope of Trump's potential return to office as a pro-crypto leader. But while Bitcoin climbed, Bitcoin Spot ETFs took a surprising hit on November 1, with $54.9 million in outflows breaking a streak of steady inflows.
BTC trading volume surges to a six-month high, signaling renewed bullish interest. Will Bitcoin continue to rise, or is a shift in sentiment ahead? The post Bitcoin Traders Hit Six-Month High as Bullish Signals Emerge – Are New Gains on the Horizon? appeared first on Cryptonews.
With Bitcoin (BTC) failing to hold above the $70,000 mark, market attention remains on whether the flagship cryptocurrency can reach the highly anticipated $100,000 all-time high.
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A cold wallet linked to Mt. Gox, the exchange that faced bankruptcy after a 2014 hack, just moved 500 BTC, worth around $35 million.
Quinten François, co-founder of WeRate, recently discussed the expectations for Bitcoin in the current market cycle. For example, he thinks this cycle will be different because many believe returns will be lower than before. Last time, we saw a big increase, going from around $3,000 in the bear market to over $60,000.
Cryptocurrencies are extremely volatile, and this election could have an impact on them for the next four years.
Bitcoin's rally slows down near the weekend, top altcoins record double digit gains.
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, emphasizes that the cryptocurrency's potential rise to $200,000 is not reliant on the downfall of the US dollar. Instead, he argues that institutional adoption is the crucial factor driving Bitcoin's value growth.
The Central Bank of Argentina (BCRA) has unveiled a unique art exhibition at its Héctor Carlos Janson Historical and Numismatic Museum with Bitcoin in the spotlight.
Bitcoin struggles to sustain gains, dropping below $70K. Whale activity sparks concern, but accumulation trends suggest potential bullish recovery.
A widely followed analyst and trader is leaning bullish on a memecoin built in the Solana (SOL) ecosystem while offering his insights on two other crypto assets. The analyst pseudonymously known as Sherpa tells his 228,800 followers on the social media platform X that he is “still highly bullish” on Goatseus Maximus (GOAT).
In a recently published tweet founder and currently the executive chairman of MicroStrategy Michael Saylor revealed the key elements of the successful strategy that has helped the company to see a mammoth growth both in market cap and in share price in the past four years.
Mt. Gox, which was once the largest cryptocurrency exchange globally before its shutdown in 2014, recently transferred 500 Bitcoin (worth roughly over $34 million) to two unidentified wallets. This transaction, conducted early Friday, marked the first transfer from the defunct exchange since late September of this year.
On Friday, the total inflows into US spot Bitcoin ETFs finally hit a speedbreaker as the dynamic of the US elections shifted just three days before the results. Kamala Harris seems to be taking the lead in some of the swing states while Donald Trump continues to lead in others.
Leading tech stocks display greater price fluctuations than bitcoin, reflecting evolving digital asset trends.
The cryptocurrency market is experiencing a noticeable dip. Investors are feeling a bit uneasy as the total market cap struggles to break past the $2.40 trillion mark.
A surge in the total BTC balance on OTC desks has caused daily ETF purchases to account for a lower share of the Bitcoin inventory, which is not entirely positive for the price.
Robert Kiyosaki, entrepreneur in the financial education sphere also widely known for authoring a classic book on finance management “Rich Dad Poor Dad”, has published a post about The Bitcoin Standard, which triggered a wave of excitement from the Bitcoin community.
A widely followed crypto analyst is issuing a Bitcoin (BTC) warning as the flagship digital asset hovers in the $69,000 range. Pseudonymous crypto trader Credible Crypto tells his 433,500 followers on the social media platform X that Bitcoin could plummet to $65,000 in the near term.
With the market capitalization of cryptocurrencies dropping 0.09% over the last day to $2.33 trillion, the crypto prices today are experiencing a minor decline. Additionally, trading volume has decreased by 4.87% to $88.31 billion, suggesting that investors are becoming cautious.
Bitcoin reaches historic highs in Nigeria, providing protection against the rapid devaluation of the Nigerian Naira.
The two-day Bitcoin chart has revealed a bullish price structure, characterized by breaking above key resistance levels and forming higher lows and higher highs. According to analyst Josh of Crypto World, this trend hints at a positive outlook for Bitcoin, suggesting that despite short-term fluctuations, the overall trajectory remains bullish.
Bitcoin linked to the now-defunct Mt. Gox exchange is seeing renewed activity, with a significant transfer of 500 BTC, valued at approximately $35 million, occurring on November 1.
Bitcoin's price is approaching a crucial threshold, inching closer to its all-time high (ATH) of $73,800. Recent trends indicate a breakout from a descending wedge pattern, a technical signal that typically suggests a strong rally is on the horizon.
XRP-spot ETF filings rise, yet SEC appeal keeps XRP price action muted despite institutional demand.
The market rally inspired by a jump in Bitcoin's price has impacted meme coins, boosting several tokens to new highs. Meme coins across categories ranging from Dog-themed, Cat-themed, political, or Solana-themed assets have recorded new flows as funds continue to enter the market.
As per the data from Polymarket, Donald Trump's chances of a presidential victory dropped by a strong 4.5% just three days before the announcement of the results. As a result, Bitcoin and altcoins in the broader crypto market have taken a pause in any directional move unless things become clear further.
The crypto prices today have caused a stir among traders and investors globally, showcasing mixed actions. Bitcoin (BTC) price battled significant turbulence over the past day and is resting at the $69K level today.
Despite facing strong resistance at the $73,000 price level, leading to a notable price drop on Thursday after a remarkable week of upside movement, traders and investors are still betting on Bitcoin, demonstrating a persistent demand for the crypto asset.
ADA is among the few altcoins with substantial gains over the past day.
Bitcoin (BTC) has had a volatile 24 hours, hitting as low as $68,830 on the Binance crypto exchange before recovering some losses. Liquidation Data At A Glance Although BTC is trading close to its all-time high (ATH) value of $73,737, yesterday's quick drop in price cast doubts on whether the top digital asset will be able to record a new ATH.
On November 2, 2024, the cryptocurrency market experienced notable price declines across assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Amid the downturn, some appear to be selling off, while others are accumulating.
It's been 16 years since Bitcoin's whitepaper, and its impact has been beyond quantifiable.
JD Vance, Donald Trumps vice presidential pick, is making waves with his significant Bitcoin holdings, which underscore his pro-crypto stance. Known for his support of digital assets in the Senate, Vances investment highlights the potential for a more crypto-friendly administration.
Bitcoin price has seen many cycles over the years, marked by distinct growth phases, peaks, and corrections. To better understand these cycles, a CryptoQuant analyst, using the pseudonym ‘datascope,' has highlighted the relevance of the UTXO Block Profit/Loss (P/L) Count Ratio Model.
How will Bitfarms tackle its stock performance struggles?
Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group's CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit unprecedented highs if former U.S. President Donald Trump wins the upcoming U.S.
XRP's candlestick pattern points to a possible reversal. A bullish indicator of this reversal pattern suggests that XRP may finally experience some upward movement following a period of difficulty.
Reports showed that Bitcoin price slightly dipped in the last 24 hours but continues to hang on the $69,000 level after breaching over $73,000 several days ago. Despite the impressive BTC price hike, interest in the cryptocurrency is not picking up as Google searches remained flat.
The expiration of $2 billion in Bitcoin options today could lead to increased volatility! Here are the points to watch.
Bitcoin continues its impressive climb, recently surpassing the $73,000 mark, new insights into short-term holder activity are capturing the attention of investors and analysts alike. The Short-Term Holder Spent Output Profit Ratio (SOPR) has registered at 1.017, indicating that short-term holders are currently realizing moderate profits.
Arthur Hayes labels Solana as a high-beta Bitcoin amid elections, emphasizing its appeal over Ethereum and impact of Fed's policy. The post Arthur Hayes says Solana is a high-beta Bitcoin amid US elections appeared first on Crypto Briefing.
Coinbase is fumbling the obvious — stop buying back shares and start stacking sats already!
Bitcoin is approaching all-time highs, prompting investors to wonder if the cryptocurrency could reach $100,000 by the end of the year. Currently sitting just under 1% below its highest-ever price point, Bitcoin has captured market attention with its recent surge, sparking a wave of speculation about what's driving the rally and whether it can sustain such momentum.
Bitcoin surges as Robinhood posts a 165% boost in crypto revenue. Discover how this rise could impact BTC prices and what it means for the broader crypto market. The post Bitcoin Rallies as Robinhood Reports 165% Revenue Surge – What's Next for BTC? appeared first on Cryptonews.