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news-imageNovember 6, 2024

The crypto are bullish again: the value of Bitcoin and Ethereum has exploded in the last 24 hours

During the Election Day, "green" dominates the prices of cryptocurrencies led by BTC and ETH.
Publisher: The Cryptonomist
Sentiment: Positive
BTC
ETH

More News Articles

Positive
cover-imageUToday
November 6, 2024

Former Binance CEO CZ Delivers Iconic Line as Bitcoin Breaks New All-Time High

Today, the price of the major cryptocurrency Bitcoin (BTC) set a new all-time high above $75,000, with an increase of almost 7.2% since the beginning of the week, and we are talking about a $1.45 trillion asset. As a result, the entire crypto market went up, and its total market capitalization, represented by the TOTAL index, rose to its highest level since June at $2.457 trillion.

Positive
cover-imageCoindesk
November 6, 2024

Is Optimism's 'Superchain' Winning the Ethereum Layer-2 Race?

One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where the teams encouraged developers to clone their code to spin up new layer 2s. Now, it appears, one project in particular, Optimism, appears to be pulling away as the clear leader.

Negative
cover-imageCryptoGlobe
November 6, 2024

MicroStrategy's $42B Bitcoin Plan Faces Major Hurdles, CoinShares Warns

MicroStrategy's recently announced “21/21 Plan” to invest $42 billion in Bitcoin over three years faces several significant hurdles, according to a new analysis from European digital asset investment firm CoinShares. On October 30, MicroStrategy Inc. (Nasdaq: MSTR) released its Q3 2024 financial results, highlighting both its latest Bitcoin acquisition strategy and challenges within its software business.

Positive
cover-imageCrypto Economy
November 6, 2024

Bitcoin (BTC) Reaches a New ATH!! How High Can It Go?

TL;DR Bitcoin reaches a new ATH, surpassing its previous high of $73,737.94 recorded in March 2024, driven by institutional interest and macroeconomic factors. Donald Trump's U.S. election victory, along with the “Trump Trade”, have boosted demand for BTC as a safe haven asset.

Positive
cover-imageCoinPedia
November 6, 2024

Bitcoin Hit New ATH $75,300: Here's Why Bitcoin is Surging

The ongoing U.S. presidential elections have sparked a major boost in the crypto market, with Bitcoin hitting an all-time high of $75,300—an 8% jump in just 24 hours! Over the past year, Bitcoin has more than doubled in value, proving it's becoming a trusted store of value.

Positive
cover-imageBitcoin
November 6, 2024

Riot's Monthly BTC Output Up by 23%; Company Calls October Production ‘New Post-Halving Milestone'

Bitcoin mining company Riot Platforms reported a 23% increase in bitcoin production in October, driven by increased hashrate and operational efficiency. Riot's Latest Financial Update Bitcoin mining giant Riot Platforms (Nasdaq: RIOT) recently announced that it mined 505 bitcoins (BTC) in October, a 23% jump from the 412 bitcoins mined in September.

Positive
cover-imageThe Currency Analytics
November 6, 2024

Bitcoin Poised for Breakout: Could a 30% Rally Be Coming This November

Bitcoin (BTC) has been stuck in a phase of consolidation recently, but signs are beginning to emerge that the world's most popular cryptocurrency is preparing for a breakout. As November approaches, Bitcoin's price remains just a stone's throw away from its all-time high, and analysts are closely watching for signs of a potential rally that could push the price higher by 30% or more.

Positive
cover-imageProactive Investors
November 6, 2024

Trump trade briefly brings bitcoin to record high

The world's largest cryptocurrency bitcoin soared past all-time highs on Wednesday as the ‘Trump' trade' took flight. Trump, who appears on the cusp of a US election victory, positioned himself as a pro-crypto candidate who will implement favourable policies for the decentralised economy.

Positive
cover-imageAltcoin Buzz
November 6, 2024

Strike Launches Free Bitcoin Auto-Withdrawals

Strike is making it easier than ever for people to take control of their Bitcoin with a new feature: BTC Auto-Withdrawals This feature allows users to automatically transfer their Bitcoin to their wallet without lifting a finger. Best of all, it's free.

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