IntoTheBlock's data revealed a $4.5B exodus from exchanges in the last seven days. The data confirmed that whales were actively accumulating Bitcoin, as over 12% of the net outflow was attributed to large holders.
With its spectacular breakout and potential rally toward the $2 mark, XRP has been causing a stir on the cryptocurrency market. Given that XRP has broken through significant resistance levels and shown resilience in continuing on its upward trajectory, the current price action indicates strong bullish momentum.
The race for Solana ETFs has heated up as major investment firms like Bitwise, VanEck, and Canary Capital vie for a piece of the action. This marks a pivotal moment for the cryptocurrency market, with Solana (SOL) emerging as one of the most promising blockchain platforms in recent years.
Bitcoin (BTC) has only a few hundred BTC in sell walls to conquer. At $100K, only 1,000 BTC are available, potentially creating a supply crunch.
XRP has been making headlines this month as its price continues to surge, hitting its highest level since November 2021. As the cryptocurrency gains momentum, there is growing speculation about whether it can push even higher.
As SEC Chair Gary Gensler prepares to exit, investors are flocking to XRP, an asset that's been targeted under his leadership.
Bitcoin has broken all-time highs for the fourth consecutive day, surging to an impressive $99,500. This historic price action follows a wave of bullish momentum that began after President-elect Donald Trump's victory in the US elections on November 5, further energizing both investors and analysts.
VanEck's latest Bitcoin (BTC) report reaffirmed its cycle price target of $180,000, citing strong bullish indicators that align with the current market rally. The asset manager highlighted key metrics, including funding rates, Relative Unrealized Profit (RUP), and retail interest trends, as signals that the bull market is still in its early stages.
In the crypto universe, bitcoin's quest to hit $100,000 feels like reaching the climactic level in a video game—an epic showdown that embodies years of persistence, strategy, and transformation. The $100K Milestone: A Historic Moment in Free Market Economics When bitcoin (BTC) crosses the $100,000 mark in U.S.
The Bitcoin price is well on its way to reaching the $100,000 price mark, with multiple projections saying it could do so by this weekend. Notably, the Bitcoin price reached an intraday high of $99,486 in the past 24 hours, putting it by about only 0.5% from reaching $100,000.
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Bitcoin miner MARA Holdings has expanded its cryptocurrency portfolio by purchasing an additional 5,771 BTC for $572 million. The acquisition was completed at an average price of $95,554 per Bitcoin, according to the company.
An MVRV ratio of 2.7 shows that Bitcoin is still in the early stages of a bull run.
Crypto analyst Dark Defender has shared his Elliot Wave Theory analysis, which shows that the XRP price can rally to as high as $18. The analyst's accompanying chart further showed when XRP can reach this double-digit price target.
XRP, the native token of Ripple, has gained significant traction in recent weeks, with its price soaring by more than 100% in just two weeks. As of November 21, 2024, XRP is trading at $1.11, a marked increase from its recent lows.
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, Bitwise CEO Hunter Horsley shares his thoughts on the crypto rally and whether he sees a correction coming soon.
Namecheap recorded an astounding 1.1 million bitcoin transactions with over $73 million generated in revenue. Revenue Milestone for Namecheap Using Bitcoin Namecheap has been providing domain registration services for over two decades. In 2013, they became first domain registrar to support bitcoin payments for domain services via Bitpay.
Solana's fresh all-time highs were driven by investors' memecoin mania and euphoria over Bitcoin's strong rally. Can SOL hit a new high?
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Cboe will launch cash-settled options based on its Bitcoin U.S. ETF Index on Dec. 2, allowing market participants to trade price movements via cash settlement. The post Cboe to Launch First Cash-Settled Options on Spot Bitcoin ETFs appeared first on Cryptonews.
Cboe Global Markets Inc. announced plans to introduce the first cash-settled index options tied to Bitcoin's spot price.
The enigma surrounding Bitcoin's creator, Satoshi Nakamoto, took another twist with HBO filmmaker Cullen Hoback standing firm on his claim that Canadian software developer Peter Todd is the mastermind behind the revolutionary cryptocurrency. Despite widespread skepticism, Hoback, known for his investigative documentaries, remains convinced, fueling one of the greatest ongoing debates in the world of finance and technology.
Wednesday was the day when the funds' overall net asset worth surpassed $100 billion. The most significant inflows were $608.41 million into BlackRock's IBIT.
Bitcoin price spiked over $99,000 Friday morning, but short-term resistance is keeping it below the $100,000 milestone. With a record $3.4 trillion crypto market cap, U.S. spot bitcoin ETF inflows, and bullish call options, CoinDesk's Christine Lee explains why momentum is in favor of the bulls on "Chart of the Day.
Senator Lummis touts a Bitcoin national reserve as a debt-cutting miracle, yet the economic reality casts a doubtful shadow.
Bitcoin has reached new all-time highs for four consecutive days, hitting $99,500 just hours ago. The relentless surge has fueled extreme bullish sentiment in the market, with investors eagerly anticipating Bitcoin's historic breakthrough of the $100,000 mark.
XRP is now closer to its all-time high than at any point in the past three years, driven by a remarkable rally.
Cryptocurrency markets are trading higher, with Bitcoin hovering around $100,000 and Jim Cramer suggesting it is “a winner.” Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,254.71 +0.88% Ethereum (CRYPTO: ETH) $3,281.28 -2.1% Solana (CRYPTO: SOL) $253.09 -0.8% Dogecoin (CRYPTO: DOGE) $0.3987 +3.7% Shiba Inu (CRYPTO: SHIB) $0.00002463 +0.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 47.5% and daily active addresses growing by 27.2%.
In a Friday post on the X social media platform, Galaxy Digital CEO Mike Novogratz said that Bitcoin approaching the $100,000 level was "a big moment."
Intelligent Alpha, which builds AI-powered investment strategies for visionary investors, in an interview with Coindesk, has shared that they have started experimenting with bitcoin. The objective is for AI to set useful targets to trade the world's top cryptocurrency.
The cryptocurrency market is buzzing as spot ETF applications for Solana (SOL), XRP, and Hedera (HBAR) progress, signaling a potential "altcoin season" where investors may expand their focus beyond Bitcoin and Ethereum. The post SOL, XRP, and HBAR To Pump Further As Road to ETFs Opens Up appeared first on Cryptonews.
A Solana user lost $2,500 after ChatGPT provided a malicious API link.
Hunter Horsley, Bitwise Asset Management founder and CEO, joins CNBC's 'The Exchange' to discuss outlooks on bitcoin.
XRP, has been one of the most prominent digital assets in the cryptocurrency world. Despite the volatility seen in the crypto market, XRP has shown resilience, gaining significant attention due to its unique use case in the global remittance and payment sector.
Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?
Solana and Altcoins Had a Massive Week -- Here's Why
"Mad Money" host Jim Cramer is bullish on Bitcoin—and that's a bad thing, according to concerned investors citing the "inverse Cramer" effect.
Is It Too late to Buy Bitcoin as It Threatens $100,000?
A closely followed crypto analyst says that one Solana (SOL) rival may be gearing up for a double-digit breakout.
Cboe Global Markets Inc. (BATS:CBOE) has announced plans to introduce the first-ever cash-settled index options tied to Bitcoin‘s (CRYPTO: BTC) spot price. What Happened: These new financial instruments are scheduled for launch on Dec. 2 and will be based on the Cboe Bitcoin U.S. ETF Index, which tracks a selection of spot Bitcoin exchange-traded funds (ETFs) listed in the United States.
The XRP price has exploded 30% to $0.45 as it marches towards reclaiming its all-time high of $3.84. Can it reach $5 or even $10 before 2025? The post XRP Price Prediction: Ripple XRP to Kick-Start Altcoin Season With Charge to $10 by 2025? appeared first on Cryptonews.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The Senator has praised the flagship cryptocurrency's long-term prospects. Senator Cynthia Lummis compared Bitcoin to gold and oil in the country's reserves.
Chicago Board Options Exchange (CBOE) Global Markets, Inc., the securities exchange network, announced its plans to launch its first cash-settled index options related to the spot Bitcoin price on December 2.
This space is full of incoherent nonsense paraded around as deep and insightful analysis, but nothing is as absurd as Jason Lowery's Softwar "thesis."
Gary Gensler's resignation sparks speculation on Ripple's SEC case, hinting at potential shifts in crypto regulation and XRP's future.
Solana tokens hit a record high with 77,000 deployed in a single day, mainly driven by meme coin minting. Solana's DEX trading volume exceeded $7.1B, while TVL climbed past $8.8B. The launch of spot Solana ETFs also renewed market interest, boosting SOL prices to new heights. The post Solana Network Breaks Record With 77K Tokens Deployed in a Single Day appeared first on Cryptonews.
CNBC's Jim Cramer, host of Mad Money and frequent source of contrarian market indicators, recently voiced his support for Bitcoin (CRYPTO: BTC) during his "Lightning Round," causing a stir among crypto enthusiasts. What Happened: During the segment, Cramer recommended a trader invest in Bitcoin rather than MicroStrategy (NASDAQ:MSTR), the software company heavily invested in Bitcoin.