Bitcoin (BTC) whales have tightened their bullish grip on the crypto market with a slew of heavy transactions. Onchain data shows an increase in large wallet holdings above average in the last 30 days.
In a recent interview, Apple CEO Tim Cook disclosed that he has personally been holding Bitcoin for the past three years, as part of his broader investment strategy to diversify his portfolio.
Michael Saylor, prominent Bitcoin evangelist and founder of the MicroStrategy firm, became engaged in a discussion whose subject is investing in BTC. In the meantime, the world's bellwether cryptocurrency continues to fall, now having plunged below the $92,000 level.
Bitcoin's (BTC) price is bleeding. The world's leading digital asset rose astronomically in a historic bullish run and saw its price testing the $100,000 resistance level.
Thanks to a new feature called Babylon staking, Sui is tapping into Bitcoin's massive $1.9 trillion market. This opens the door for DeFi activities like lending, borrowing, and more.
Swan Bitcoin is suing its law firm for attempting to withdraw from a trade secrets case due to a conflict of interest with another client. Misappropriated Trade Secrets Cryptocurrency financial services firm Swan Bitcoin has filed a lawsuit against its own legal representative, Gibson, Dunn & Crutcher, alleging legal malpractice.
Story Highlights The BTC price dropped ~7% in 24 hours, dropping below the $92k mark. Bitcoin ETF breaks its inflow streak, losses over $435 million. Technical indicator RSI drops below the overbought range for the first time in 19 days.
After a historic rally, Bitcoin has faced its first major setback, pulling back 7% from its all-time high of $99,800. This comes after an impressive surge from $67,500 on November 5, marking a nearly 50% climb in just a few weeks.
Bitcoin's dominance in the cryptocurrency market has recently decreased, leading some to believe that altcoins might become less reliant on Bitcoin. As Bitcoin's price hits a plateau, altcoins have seen impressive growth, with some hitting major milestones.
Though Jim Cramer is frequently made fun of for the fact that assets he recommends buying soon start collapsing and vice versa, he seldom fires back at such jokes.
The bitcoin is going through a turbulent phase marked by a significant drop in its price, triggering massive liquidations in the market. As analysts revise their targets downwards, some experts now anticipate a return towards 90,000 dollars.
Donald Trump's crypto portfolio is making headlines yet again, tripling in value from $3.6 million in August to $9.4 million as of November 26. This dramatic surge is being linked to the recent crypto market rally and Trump's strategic investments in a mix of trending tokens and blue-chip assets.
Bitcoin has fallen over 6% in the last 24 hours. Indicators suggest BTC could drop to as low as $90,000.
Semler Scientific, a Nasdaq-listed healthcare technology firm, has acquired an additional 297 Bitcoin (BTC) for $29.1 million. The purchase comes as Bitcoin edges closer to the highly anticipated $100,000 milestone.
Bitcoin recently soared to an all-time high of $99,655 in its latest rally, but the momentum appears to have stalled. The post Bitcoin Forecast: Down 5.61% – End Of The Pump? Top Analyst Predicts Crash to $80,000, But What's Next? appeared first on Cryptonews.
Bitcoin (BTC)'s extraordinary rally following pro-crypto president-elect Donald Trump's victory in the US presidential election has seemingly become a bit too ripe for the market to handle. In other words, the world's largest cryptocurrency is in reversal mode following last week's all-time high.
MicroStrategy's $5.4 billion Bitcoin purchase boosts holdings but puts pressure on MSTR stock performance.
Dogecoin (CRYPTO: DOGE) is down 11.5% over the past 24 hours, yet traders remain optimistic about its long-term prospects. What Happened: Despite ‘Dogecoin superfan' Elon Musk on Monday humorously tweeting that "DOGE is inevitable," the apex meme coin has found itself at the receiving end of a market correction.
After approaching $99,690 on November 22, BTC extended the weekend crash, leading to a 7.09% correction in total. As a result, Bitcoin formed a potential swing low at $92,620 on Monday and is not attempting a pullback.
TL;DR The crypto market has experienced a significant downturn, with Bitcoin (BTC) dropping to approximately $92,000, raising concerns about short-term stability and future prospects. Factors behind the decline include a broader market correction, the Federal Reserve's decision to maintain interest rates, and geopolitical tensions leading to a flight to safety.
Too much leverage has led to an inevitable pause in the crypto market, but this is largely seen as a healthy correction, analysts argued.
The growing network activity is a promising sign for Bitcoin's battle toward the historic $100,000 mark, which was just $200 away on Nov. 22.
Michael Saylor, the executive chairman of Microstrategy and a staunch advocate for Bitcoin, is urging the United States to adopt a strategic bitcoin reserve. In a post on social media platform X (formerly Twitter), Saylor argued that such a reserve could transform America's financial landscape, drawing parallels with some of the most lucrative acquisitions in U.S. history.
Many of the roles in the crypto industry didn't exist a decade ago, and even more new roles will continue to emerge.
Bitcoin's price swings, fueled by liquidations, raise questions about short-term volatility and support levels.
The crypto market faced a significant setback today as the Bitcoin price dropped below the $93,000 threshold. After reaching an all-time high of $99,588 on Binance last Friday, the leading cryptocurrency has fallen over 6%, hitting a low of $92,326.
The Bitcoin price could crash if it fails to hold key resistance levels. A crypto analyst has revealed that a decline to $89,000 was well within possibility, as sell-offs below the $100,000 mark have continued to hinder Bitcoin's price upward momentum.
Dogecoin (DOGE) has made significant progress, breaking through the $0.18 and $0.20 resistance levels twice. The cryptocurrency rose to a high of $0.478 before falling back.
The price of Dogecoin has plunged by 12% today, yet analysts are predicting that it will soon break out towards $0.82. The post Analyst Predicts Dogecoin ‘Cup And Handle' Formation Could Propel it to $0.82 In December, Support Remains At $0.37 appeared first on Cryptonews.
In the latest X post, Samson Mow, the CEO of JAN3 and a renowned Bitcoin maximalist has issued a message to his followers amidst a recent Bitcoin crash in the last 24 hours. He asked his followers to enjoy the Bitcoin Black Friday sale.
Is Solana quietly stealing the show while Bitcoin registers a record high?
Bitcoin's price movements on Nov. 26, 2024, paint a clear picture of bearish momentum in the short- and mid-term, with a pivotal support zone at $92,000 under close scrutiny. Bitcoin On the 1-hour chart, bitcoin‘s descent is evident, marked by a consistent pattern of lower highs and lows.
Rumble Inc. (NASDAQ:RUM) saw a 5.75% rise in pre-market trading on Tuesday, as per Benzinga Pro, following the announcement of a new Bitcoin (CRYPTO: BTC) treasury strategy. What Happened: According to an announcement made Monday, Rumble's board has approved a plan to invest a portion of its surplus cash reserves into Bitcoin, aligning with the cryptocurrency's record-breaking performance.
Billionaire Hedge-Fund Manager Paul Tudor Jones Is Buying Bitcoin Hand Over Fist (but Not for the Reason You Think)
Long-term investors have sold almost 550,000 BTC, almost 4% of their holdings. Last week, one-day profit-taking touched a record high in dollar terms, more than $10.5 billion.
Bitcoin and crypto prices have crashed following their huge rally on the back of Donald Trump's U.S.
The latest filing comes as another asset manager prepares to file for an XRP ETF.
The world's largest cryptocurrency by market capitalization was trading down 6.2% at a price of $92,446.38 as of 5:55 a.m. ET, according to CoinGecko data.
Bitcoin has risen by 6% in the past 24 hours, dropping to $92,368 as the crypto market suffers a 7% decline today. The post Bitcoin Drops To $92.8k, Crypto Market Cap Is Down 6%. Time To Buy The Dip? appeared first on Cryptonews.
Dogecoin trading volume hit a record $4.06 billion in open interest as Elon Musk prepares to lead a new government department while planning payment integration for X platform, though the price has retreated from recent three-year highs.
Babylon Labs and Lombard Protocol have jointly unveiled a strategic initiative aimed at integrating Bitcoin with Sui, the Layer 1 blockchain and smart contract platform. This collaboration seeks to onboard bitcoin liquidity into the Sui ecosystem, enhancing decentralized finance (defi) with LBTC as a core collateral asset.
Charles Hoskinson, the prominent crypto entrepreneur behind Cardano, has said he wants to add decentralized finance (DeFi) features to Bitcoin. Looking back on his long history with Bitcoin and its foundational code, Hoskinson described his renewed focus on the cryptocurrency, viewing it as a chance to revisit its design and expand its potential.
Bitcoin is witnessing a surge of on-chain activity, with daily active addresses nearing 1 million, data indicates.
Bitcoin (BTC) surged to nearly $100,000 before settling at $93,000, with the dip possibly driven by profit-taking.
On November 22, the Bitcoin market was at an all-time high of $98,975.79. Since then, the Bitcoin price has sharply dropped by around 6.16%. Interestingly, during the same period, certain Altcoins, including Ethereum, Sand and XLM, have witnessed growth. Importantly, the Altcoin market cap has slightly climbed by 2.38% during this period.
MicroStrategy's bold strategy of accumulating Bitcoin (BTC) has made it a key player in the cryptocurrency market. Learn how the company's approach has intertwined traditional finance with digital assets.
Bitcoin is currently testing levels below the crucial $95k mark and is down by more than 4% in the last 24 hours. In the meanwhile, PlanC (@TheRealPlanC) shared a bold prediction about MicroStrategy's Bitcoin accumulation strategy, suggesting that the company could hold over 1 million Bitcoins by January 1, 2030.