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.

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.

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.

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.

Given that its price recently hit the $0.00003 mark, Shiba Inu has been showing encouraging growth potential. As the market expects more gains, this increase demonstrates the SHIB community's renewed interest and momentum.

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.

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

Shiba Inu (SHIB) has had a significant surge this week, with its price increasing by over 60% in the last seven days. This increase is indicative of a broader trend in the cryptocurrency market, where significant coins such as Dogecoin are also reaping the rewards of overall market optimism.

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".

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.

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.

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.

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.

Bonk (BONK) has surged to its highest price since July, following its listing on Binance.US, raising speculation about its potential to outshine established meme coins like Shiba Inu and Floki amid increasing demand and market optimism. The post Bonk Hits Its Highest Since July – Could It Soon Outshine Shiba Inu and Floki? appeared first on Cryptonews.

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.

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.

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.

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.

Leading cryptocurrency Bitcoin (CRYPTO: BTC) has soared in price since the 2024 presidential election and is nearing the $100,000 milestone. Benzinga readers predict whether a six-figure price for Bitcoin can be reached before the end of 2024.

Bitwise CIO Matthew Hougan believes that investors are “still early” until Bitcoin (BTC) claims the $500,000 price zone for Bitcoin (BTC). In a recent investor note, Hougan highlighted that the current environment makes him feel that the $100,000 mark could be “right around the corner.

Bitwise CIO Matthew Hougan believes that investors are “still early” until Bitcoin (BTC) claims the $500,000 price zone for Bitcoin (BTC). In a recent investor note, Hougan highlighted that the current environment makes him feel that the $100,000 mark could be “right around the corner.

Investors are hopeful for a continued climb but the crypto giant is facing resistance.

Donald Trump's potential move to establish a national bitcoin reserve sparks interest on Polymarket. Polymarket Users Place Bets on U.S. Bitcoin Reserve In an interesting turn, Polymarket, a decentralized prediction market platform, has seen some activity in a bet worth $262,098 that wagers on the possibility of President-elect Donald Trump establishing a national bitcoin reserve.

Bitcoin hashrate continues to stay low as the price of BTC surges, leading miners to seek new ways to remain efficient. The post Bitcoin Miners Discuss Ways To Stay Efficient As BTC Reaches All-Time Highs appeared first on Cryptonews.

Think you're "too late" to Bitcoin? Amid fresh price peaks, Bitwise CIO Matt Hougan argues that the asset still has a long way to go.

Metaplanet, a Tokyo-based technology company, has revealed a remarkable $28 million increase in its Bitcoin holdings this year, as the cryptocurrency market enters a period of strong growth. Despite this success in digital assets, the firm's stock faced a downturn, falling 5% following the publication of its most recent financial results.

Bitcoin (BTC) has soared past the $93,000 mark for the first time in its history on Wednesday, liquidating traders for more than $700 million in the process.

As Bitcoin prices soared following the election, big banks are reportedly accruing $1.4 billion from futures contracts.

Bitcoin (CRYPTO: BTC) surged to a high of $93,434 on Wednesday, up 4.5% on the day during the U.S. trading session. Ethereum (CRYPTO: ETH) is trading flat at $3,278, but is up 23% over the past week.