Bitcoin's price has finally broken its record high after a gradual uptrend over the last couple of months. Investors are now wondering how far BTC can go.

Two massive Bitcoin (BTC) whales have accumulated over $140 million worth of the flagship cryptocurrency from leading crypto trading platform Binance, after BTC's price saw a slight correction from a new all-time high. According to data shared by on-chain analytics firm Spot On Chain, one whale withdrew 1,225 BTC worth around $92.

As Bitcoin gains momentum, Michael Saylor, the executive chairman of MicroStrategy, took to X (Formerly Twitter) with a simple yet powerful message: "Ready to Go." His tweet quickly caught the attention of the crypto community, highlighting the optimism and expectations around Bitcoin's current price rise.

The crypto community responded enthusiastically when Donald Trump emerged victorious in the US election. As someone deeply invested in the ideals of blockchain and decentralized systems, I find myself navigating a complex mix of hope and healthy skepticism.

Peter Schiff, a vocal critic of Bitcoin (BTC), recently questioned the idea of the cryptocurrency serving as part of the U.S. strategic reserve, calling the idea a "ridiculous" plan. In his view, such a move would be ineffective and problematic, primarily due to Bitcoin's unstable volatility and potential impact on market stability.

During a recent appearance on CNBC's “Squawk Box,” Fundstrat's Tom Lee has predicted that the price of Bitcoin (BTC) could end up surging above the $100,000 level this year.

TL;DR Bitcoin and Ethereum options worth nearly $4.6 billion expire today, creating volatility in the market. The expiration of these options follows the US elections and FOMC updates, with high expectations for strategic moves. Implied volatility has decreased, although the market remains optimistic.

Yesterday, Bitcoin had one of its most bullish days in history, skyrocketing past its all-time high to reach $76,990. This new milestone has ignited widespread excitement and confidence among investors, who now see the potential for further gains.

Ethereum rose to $2,960 earlier today, outperforming bitcoin since Wednesday as the Trump win will give the ethereum industry a much needed respite.

El Salvador, the first nation state to adopt Bitcoin (CRYPTO: BTC) as a means of payment, is up 81% on its investments, according to on-chain analysis. What Happened: Spotonchain data shows El Salvador's strategic Bitcoin investments, led by president Nayib Bukele, have reaped gains of $24.54 million.

Milton Berg, the founder of MB Advisors, recently weighed in on the current state of Bitcoin, especially in the context of its surge to new all-time highs following the 2024 U.S. election.

The Bitcoin market is somewhat stagnant on Friday, as the markets are still coming to terms with the breakout that we saw as a result of the US election. At this point, it should be noted that a lot of the elected officials are actually crypto-friendly.

After pro-crypto Donald Trump won the presidential election in the United States, sentiment across the cryptocurrency landscape shifted, leading to a notable market rally. Amid this, Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, has reached a new all-time high and is now approaching $80,000. $4.

If the Democratic Party is to have a future in US politics, it must embrace Bitcoin going forward.

BlackRock's Bitcoin ETF is now officially bigger than its famous Gold ETF. In just 10 short months, the Bitcoin ETF attracted a whopping $33.2 billion from investors, making it a massive success.

Ethereum trades in the $2.9K range, after gaining over 3.55%. ETH could hit $3K if it clears the $2,950 resistance.

The US Federal Reserve reduced its interest rate by 25 basis points on Thursday, in a decision did not exactly come as a surprise.

The crypto market witnessed an accelerated bullish momentum following Donald Trump's victory as the 47th President of the United States. With the Bitcoin price entering price discovery, crypto analysts highlight a potential ‘parabolic' rally for BTC as it exits post-halving consolidation.

The correction has not lasted long, as almost all of the top 10 coins are in the green zone, according to CoinMarketCap.

Launched in January 2024, Bitcoin ETFs are close to a historic milestone. In less than 10 months after launch, Bitcoin ETFs are surpassing Gold-based trusts by aggregated market capitalization.

The shift from gold to Bitcoin ETFs highlights changing investor preferences, signaling a potential redefinition of safe-haven assets. The post BlackRock's Bitcoin ETF overtakes its Gold ETF in size appeared first on Crypto Briefing.

BlackRock has seen its biggest one day inflow yet at $1.120 billion disclosed on Thursday, though thought to have been purchased on Wednesday when bitcoin and stocks had outsized gains.

Fundstrat Head of Research Tom Lee recently suggested Bitcoin as a “potential Treasury reserve asset” that could play a unique role in managing national debt. He stated that traditional measures like adjusting taxes and spending may not be enough to address the growing US deficit.

Bitcoin's explosive rise nears six figures! Top analyst predicts BTC could reach $100K+ soon. Discover the factors driving this bullish momentum. Learn more! The post Can Bitcoin's Parabolic Rise Hit Six Figures? Analyst Says “Yes” – Here's How appeared first on Cryptonews.

Bitcoin spot ETFs on Nov. 7 saw a historic surge in investment, with total net inflows reaching $1.38 billion, the highest single-day figure to date. What Happened: BlackRock's (NASDAQ:IBIT) ETF alone accounted for $1.12 billion of this total, marking a record-breaking day for digital asset ETFs, according to data from SoSo Value.

Crypto traders rejoiced as pro-Bitcoin candidate Donald Trump won the US Presidential election in 2024, leading to numerous potential changes throughout the industry.

Trump is not going to be a good thing for Bitcoin, he will continue the same malicious path of regulation that has been followed under Biden.

BlackRock's IBIT attracted a record-breaking $1.12 billion in daily net inflows on Thursday, buoyed by favorable market conditions, and pro-crypto sentiment from the U.S. election.

Cryptocurrency mining firm HIVE Digital has released its October production results, showcasing a 51% year-over-year growth in its Bitcoin portfolio value.

It was a historic week for all financial assets and BTC led the charge by charting a fresh all-time high.

Upbit lists the DRIFT token, allowing traders to trade it against KRW, BTC, and USDT, boosting options and visibility for Drift ecosystem.

The crypto industry has displayed promising momentum, with a rise of 1.68% in the market capitalization, which has taken the numbers to $2.57 trillion. However, the intraday trading volume has shrunk down significantly by 29.11% to $132.15 billion.

Alongside Bitcoin, major altcoins also recorded gains following the Fed's decision.

Trump's election win sparked a surge in searches, indicating increased retail investor interest in the digital asset.

Bitcoin's upward trajectory continues to capture the attention of investors and analysts alike. Despite already achieving record highs, the digital asset could be poised for even greater gains in the coming months.

BlackRock's iShares Bitcoin Trust (IBIT) has set a new benchmark with over $1.1 billion in net inflows recorded on Thursday, marking the highest single-day inflows for the fund.

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 8, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

As Donald Trump reclaims the White House, experts comment on the potential impact of his US presidential election victory on the crypto industry, its future, and market, as well as regulations, taxes, and mining, among other sectors. The post Will Trump's Win Push Bitcoin to $100K? Experts Weigh In appeared first on Cryptonews.

The crypto markets have risen above a minor consolidation as the Bitcoin price is heading back towards the ATH at $76,400. The traders have become more optimistic over the SOL price rally as the token remains within the top 5 dominant tokens in the market.

The Ethereum ecosystem's treasuries total $22.2 billion in 2024, with Optimism, Uniswap, and Mantle holding the largest shares.

According to a shareholders' letter from the Jack Dorsey-led payment company Block, from November 7, the company will venture more into Bitcoin mining and the Block self-custody wallet, Bitkey. The company will abandon its Web5 internet project, TBD, and reduce investment in its music streaming project, Tidal, to get more funding for the Bitcoin mining project.

The factors that held ETH back this year are now reversing. This shift could open the door for meaningful price discovery.

Yields on U.S. sovereign debt declined Thursday after the Federal Reserve eased monetary policy by slashing interest rates by 0.25 percentage points. What happened: The benchmark 10-year Treasury yield dropped by 0.8 basis points to 4.335%, while the yield on 2-year government bonds slid 2 basis points to 4.197%.

A leak has revealed the world's largest asset manager BlackRock is in discussions to buy a stake in the "king" of spot bitcoin exchange-traded fund (ETF) holders

The ongoing rally of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) should not lead investors to believe that all cryptocurrencies will do equally well in a bull run, a new report found. What Happened: “Any coin or token that failed to rally at least 10% over the last week should likely be avoided,” the 10x Research analysts write in their latest report, urging investors to stay focused on selective assets that demonstrate resilience and growth potential.

TL;DR Bitcoin exchange-traded funds (ETFs) recorded $1.38 billion in net inflows on November 7, 2024, reflecting heightened investor confidence and optimism. BlackRock's iShares Bitcoin Trust (IBIT) led the inflows with $1.1 billion, making it one of the most traded assets, driven by Bitcoin reaching a new all-time high of $76,500.

The Ethereum Foundation (EF), a nonprofit supporting Ethereum's blockchain ecosystem, has released its 2024 annual report detailing financial updates, treasury holdings, and recent policy initiatives. The report highlighted the organization's budget breakdown, spending from recent years, and new policies designed to foster transparency and integrity across the Ethereum ecosystem.