SOL is up more than 20% this week, and data suggests that the rally will continue.
Bitcoin is in the spotlight following its recent notable surge to a new all-time high. Since hitting a new height, BTC has continued to display strong resilience for more upside movement, prompting investors' confidence about the crypto asset's potential to reach higher peaks in the upcoming days.
MicroStrategy Inc (NASDAQ:MSTR) has made waves with its bold, billion-dollar bet on Bitcoin (CRYPTO: BTC). The company recently announced an aggressive acquisition plan, vowing to invest $42 billion into Bitcoin over the next three years.
The lawmaker's bullish statement comes in the wake of pro-crypto candidates sweeping most of the seats in the just-concluded polls.
The quest to bring “covenants” to Bitcoin — a mechanism that enables more sophisticated transaction types by controlling how coins can be spent in the future — has been an ongoing challenge. Recent research sheds light on how covenants may be achieved without the contentious and complex process of a soft fork.
JPMorgan Chase says the incoming Trump administration could boost both Bitcoin (BTC) and gold. In a note to clients, the US bank says that if Republicans gain control of the House in addition to the Senate, a weaker dollar is likely as stimulus is poured into the system, reports Barron's.
Solana (SOL) increased its fee production, reaching a new record in October. The chain surpassed Bitcoin (BTC) in fee production on a monthly basis.
TL;DR Binance has published its latest Proof of Reserves (PoR), showing over $120 billion in assets across 34 cryptocurrencies. Bitcoin and Ethereum holdings grew by 2.09% and 6.20%, respectively. The platform continues to improve its PoR with advanced technologies such as zk-SNARKs and provides a complete representation of assets, liabilities, and collateral.
Fantom (FTM) has been demonstrating strong signs of growth, with key metrics suggesting that the altcoin could be poised for a significant price movement. Recently, Fantom's long-to-short ratio crossed above 1.07, signaling a notable bullish sentiment among traders.
Bitcoin (BTC) could see more upside before Donald Trump's inauguration on January 20, 2025, potentially hitting a new all-time high.
JPMorgan predicts Bitcoin and gold will benefit from Trump's victory due to the 'debasement trade' amid tariffs and tensions. The post JPMorgan says both Bitcoin and gold should benefit from Trump's victory appeared first on Crypto Briefing.
Solana has finally broken through a crucial resistance level that has kept the price subdued for months, sparking fresh optimism among investors. However, the breakout has yet to be confirmed, leaving room for excitement and caution.
In the latest X post, veteran trader Peter Brandt shared a trader's perspective on Solana and Ethereum. He noted that both are poised for upside breakouts to join Bitcoin; however, he specifically pointed out Solana and urged the users to notice SOL breaking out into new highs. $ETHUSD vs.
The previous cycle saw 319% gains in just over five months- if replicated, this would take BTC to $288k by April 2025.
Following Donald Trump's victory, the crypto market attention is now on the upcoming FOMC meeting, where the Federal Reserve is expected to announce a potential 0.25% rate cut potentially driving Bitcoin price to $100K.
The United States is soon to become the only big nation with a bitcoin national reserve following the election of Donald Trump.
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Dogwifhat's (CRYPTO: WIF) underperformance has caught the attention of traders, who think better times are on the horizon for the canine-themed meme coin. What Happened: Despite falling prices, crypto trader asad sees the risk-to-reward ratio for a run to $10 for Dogwifhat as favorable.
Michael Saylor, founder and chairman of MicroStrategy, said: “We have a #Bitcoin President”.
"We see the price running with little resistance at least until Trump takes office," Ned Davis Research said of bitcoin's latest rally to record highs.
As markets brace for today's crucial Federal Reserve interest rate decision, all eyes are on Bitcoin, which has recently surged above $76,000.
BlackRock's spot Bitcoin exchange-traded fund (ETF) witnessed a record trading day on Wednesday following Republican Donald Trump's win in the U.S. presidential election. The record-breaking volumes came as the alpha crypto broke out to fresh all-time highs.
The Solana and Ethereum debate has come up a lot in this market cycle, especially with SOL currently outperforming ETH. Veteran trader Peter Brandt has also weighed in on the conversation and provided insights into why SOL is ahead of ETH from a trader's perspective.
Trump's victory boosts hopes for a national Bitcoin reserve, though skepticism lingers over whether it will happen.
Legendary trader Peter Brandt, with nearly five decades of experience in trading since 1975, has shared a bullish forecast for the Bitcoin price trajectory in 2025. Taking to X, Brandt stated: “Bitcoin $BTC is now in the sweet spot of the bull market halving cycle that should top in the $130k to $150K range next Aug/Sep. I measure cycles differently than most.
Bitcoin's mining difficulty recently rose to its highest ever. The mining difficulty — which measures how hard it is to discover new blocks on the Bitcoin blockchain — spiked 6% to an all-time high of 101.65 trillion amid a record hash rate for the network.
Expert analysts believe that the present economic situation has left investors looking for better ways to protect their wealth.
The short and long-term search trends show a renewed interest in digital assets.
Jason Lowery, US Space Force Major and author, believes Bitcoin is a far-from-conservative technology transforming physical energy into secure digital power by taking “watts to secure cyberspace” rather than logic encoded. For Lowery, the Bitcoin network provides a different perspective on protecting everything from software instructions to sophisticated data structures associated with digital assets and
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.
"Investors are watching closely, hoping that pro-crypto promises made during recent conferences will be fulfilled," an analyst said about the election.
After the results of the 2024 presidential elections, JPMorgan expert analysts expect that gold and bitcoin both benefit from Trump's return to the White House. Both of the assets will gain in the president's second round.
After the results of the 2024 presidential elections, JPMorgan expert analysts expect that gold and bitcoin both benefit from Trump's return to the White House. Both of the assets will gain in the president's second round.
Ever since Bitcoin & Crypto proponent Donald Trump became the new president-elect of the United States, the bulls have jumped in action. Some tokens have ranged above the bearish influence, while others are poised to form new highs in a short while.
Bitcoin is inches from the most rapid gains in its latest bull market, BTC price analysis concludes.
Following Donald Trump's presidential win, JPMorgan (NYSE:JPM) analysts expect both Bitcoin (CRYPTO: BTC) and gold to see significant gains, attributing the expected growth to a "debasement trade." What Happened: This investment approach is designed to benefit from currency devaluation, often resulting from inflationary or expansionary fiscal policies, The Block reported.
Discover key insights, expert analysis, and bullish Bitcoin price forecasts featured in the October 2024 edition of The Bitcoin Report.
Elevated interest rates in the U.S. have dented ether's appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.
US Space Force Major and author of “Softwar,” Jason Lowery, calls on the United States to reassess Bitcoin's role with a US Bitcoin National Defense policy proposal. He contends that Bitcoin represents a strategic tool for national defense by using physical power to secure cyberspace, emphasizing its significance beyond a mere financial asset.
The Bitcoin market continues to look bullish, despite the fact that we pulled back early Thursday. This is a situation where we have broken out, and now we are looking to confirm that breakout.
Bitfinex marks its 12th anniversary, highlighting its role in advancing Bitcoin technology and digital finance, with a focus on innovations like Lightning Network support and tokenized securities.
As interest builds, the proposal may pave the way for broader cryptocurrency adoption across the U.S.
Bitcoin is trading around $75,000 following Donald Trump's victory in the U.S. election, stirring fresh optimism in the crypto market. Trump's pro-crypto stance has ignited excitement among analysts and investors who anticipate favorable policies for digital assets in his administration.
TL;DR Donald Trump's victory in the 2024 election improves the outlook for altcoin ETFs such as Solana, XRP and Litecoin. Trump has expressed support for cryptocurrencies, which has generated optimism on Wall Street that the SEC will approve these funds. Bitcoin price hit a record high following Trump's victory, supported by the president-elect's pro-crypto enthusiasm.
Yesterday, 12 spot Bitcoin ETFs hit over $6 billion in trades—their biggest daily total since March.
The Bitcoin price has achieved a new ATH during the early Asian market today. This has resulted in the altcoin market experiencing a similar price trend. With fear and greed indicators turning extremely bullish, the crypto space hints at a potential bull market in the coming time.
Solana has remained largely flat today, yet analysts are predicting that its recent momentum will be enough to propel it to a new ATH soon. The post Millionaire Trader Predicts Solana Breakout: $420 Target Once SOL Tops $200 appeared first on Cryptonews.
Bitcoin demand from U.S investors has surged since election day, with the Coinbase premium shifting positive.