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.
While the Ethereum overhaul promises several benefits, users have issues with the timeline.
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.
Solana (SOL), the fourth-largest cryptocurrency has gained notable attention from the cryptocurrency community as it breaks out of bullish price action patterns. Following the breakout, SOL is currently consolidating near the support level of $204, indicating potential accumulation before a major rally begins.
Major South Korean bank, NongHyup Bank, is working on a crypto prototype to tokenize its VAT and other tax refund processes.
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.
Solana's recent price decline appears to be a retest of the breakout level, which is a bullish signal.
Ethereum (ETH) price has been on a remarkable rally, gaining 20% over the past week. This rally has been fueled in part by a significant outflow of ETH from exchanges, suggesting growing confidence among holders.
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.
The makers of Solana NFT marketplace Tensor are teasing a new SocialFi app called Vector.fun, which could be poised to take on Pump.fun.
Bitwise's acquisition of Attestant Limited will enable it to offer new staking-focused products to Its investors.
Robinhood expanded its crypto offerings for US investors, adding Solana (SOL), Cardano (ADA), XRP, and Pepe (PEPE) to its lineup. This brings Robinhood's total crypto offerings to 19 assets.
Over $800 million in crypto liquidations reflect heightened market volatility, driven by sudden price swings.
Binance introduces Earn Wednesday, offering limited-time rewards across Simple Earn, ETH Staking, SOL Staking, and more. Discover flexible and locked products available on a first-come, first-served basis.
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".
The crypto-friendly trading app Robinhood has considerably expanded its altcoin offering for its United States customers just a week after Donald Trump's reelection as the next U.S. president, which is expected to usher in a more favorable regulatory environment for crypto.
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.
The token launch plans come amid the project's push for decentralization.
Stacks strong correlation with Bitcoin suggested a possible rally.
With Donald Trump's election, a crypto-friendly regulator may replace SEC Chair Gensler, opening the door for staking rewards on spot ETH ETFs.
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.
Solana price has been in a bullish rally over the last week, fueled by a recent surge in the crypto market, with Bitcoin price reaching new all-time highs above $93,000. Despite a slight pullback today, analysts suggest that Solana's price momentum could continue upward, potentially reaching $300.
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.
Retail trading giant Robinhood is announcing the addition of new crypto assets to its burgeoning suite of products. In a new press release, Robinhood says its adding smart contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE), and XRP.
During Wednesday's U.S. market session, the Ethereum price winessed signal down below $3,200. This bearish turnaround is likely a post-rally pullback, allowing buyers to recuperate the exhausted bullish momentum.
Smart Transactions will unlock a so-called “time machine” to finally enable “hybrid applications" like decentralized Ubers.
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.
Ethereum's modular architecture isn't great for ETH's short-term price performance but positions the network for long-term resilience and ecosystem growth, according to new research.
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.
ETH continues to exhibit a bullish overall market structure, despite a recent short-term pullback.
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.
Solana has become a preferred option for many venture capitalists and hedge funds, with belief that its price could reach new ATH during this bull market cycle. As Bitcoin aims for new all-time highs above $90K, potentially reaching $100K by year-end, there is significant buying interest in the altcoin market.
Bitcoin has now surpassed oil behemoth Saudi Aramco by market capitalization.