Justin Sun, the creator of the Tron blockchain, and now the owner of two exchanges – Huobi and Poloniex – has shared a bullish outlook for the near future of the cryptocurrency market, specially stressing the second largest cryptocurrency Ethereum.
Markets are bracing for post-election volatility, which may take Bitcoin as high as $100,000 before 2025.
BlackRock's iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.
A lot of movement in dormant Ethereum (ETH) wallets has been seen lately as longtime holders take advantage of recent price spikes. First, Spot On Chain announced that two major Ethereum holders sold a total of 33,701 ETH, which is worth about $89.72 million.
BlackRock's iShares Bitcoin Trust (IBIT) hit a record trading volume of over $4.1 billion following Donald Trump's presidential election win.
Ethereum is on the move! After breaking past a key resistance level, Ether's price is now aiming for the $3,000 mark.
Binance, one of the world's largest cryptocurrency exchanges, has issued a key notification regarding upcoming Tether (USDT) transfers across multiple networks.
The Ethereum Foundation launches Mekong, a short-term testnet allowing developers to explore UX and staking updates for the upcoming Pectra fork.
Widely followed analyst Benjamin Cowen is issuing a warning on Bitcoin (BTC) as the flagship crypto asset trades near its all-time high. In a new video, Cowen tells his 820,000 YouTube subscribers that Bitcoin could turn bearish around one month after the US general election.
On November 6, Donald Trump was declared the winner of the 2024 U.S. Presidential Election, a development that has sent ripples through the cryptocurrency community. This win follows months of pro-crypto positioning by Trump, highlighted by his notable appearance at the Bitcoin 2024 conference in Nashville on July 27.
The Internet Computer Protocol (ICP), the blockchain network designed for high-speed decentralized applications, has experienced a monumental rise in network activity, with its growth primarily driven by the expansion of its Chain Fusion interoperability protocol. However, despite the impressive rise in its ecosystem activity, the price of ICP has remained largely muted, following a broader market trend of consolidation in the latter half of 2024.
After Struggling for the last six months bitcoin price has finally hit the ATH and touched the $76,200 mark after Donald Trump's election win. Meanwhile, experts predict that the next few months in the crypto market are about to get wild.
Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.
Following Donald Trump's victory in the US presidential election against Vice President Kamala Harris, optimism is surging in the cryptocurrency market. Analysts are now projecting that Bitcoin could reach new heights of $100,000 before the presidential inauguration, which is just over two months away.
Strong signs of a breakout, but what's next for NEIRO's really?
With Donald Trump elected as the 47th president of the United States, the prospect of establishing a national Bitcoin reserve is gaining momentum.
The total crypto market cap is well above $2.6 trillion after the most recent gains.
Under such a proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency's total supply, the report said.
Trump's victory is expected to benefit both gold and bitcoin, with BTC set to get a further boost from MicroStrategy, JPMorgan analysts said.
Ethereum's price increased 10% to $2,800 following Trump's presidential victory, driven by expectations of crypto-friendly policies and strengthening DeFi sector performance.
BlackRock's IBIT set a trading record as Bitcoin ETFs bounced back with significant inflows, while Bitcoin itself climbed to $75,000.
The crypto industry saw a positive boost recently as the price of Bitcoin soared to a new all-time high (ATH). As reported by U.Today, Bitcoin jumped to $76,460.15 amid a sustained growth push over the past week.
Cathie Wood, the founder of asset management giant Ark Invest, supported Sen. Cynthia Lummis' (R-Wyo.
Bitcoin reached a new all-time high of $75,358 following Trump's re-election announcement, before settling at $74,037 amid mixed technical indicators and analyst predictions.
Although the Bitcoin (BTC) price made new all-time highs (ATH) today, there could be more gains for the cryptocurrency's future price trajectory.
Here's what the legendary Bitcoin Market Value to Realized Value (MRVRV) Ratio says about whether Bitcoin is currently overheated or not. Bitcoin MVRV Ratio Has Risen Alongside The Latest Rally In a CryptoQuant Quicktake post, an analyst has discussed about the MVRV Ratio of Bitcoin.
If you are thinking about investing in Bitcoin, keep your focus on its long-term outlook.
Ethereum's recent performance has many wondering if the cryptocurrency is on the rise again, and with Donald Trump potentially bringing in a crypto-friendly administration, the conditions could be right for a new DeFi surge.
The cryptocurrency market has been experiencing a surge in buying activity after Donald Trump won the U.S. presidential election for the 2nd time. Meanwhile, Bitcoin, the largest cryptocurrency by market cap, surged 10%, reaching a new ATH of $76,203. Ethereum isn't far behind, surging to $2,878, while its Spot ETF sees record-breaking inflows.
The cryptocurrency market surged today as news of Donald Trump's US election win sent ripples through the digital asset world. Bitcoin (BTC) briefly hit a new all-time high of $76,000, boosting overall investor sentiment.
BTC price targets already include $100,000, with Bitcoin traders bracing for more volatility around the Fed interest rate decision.
Bitcoin has surged past $76,000, sparking “Extreme Greed” among investors, as revealed by the Crypto Fear & Greed Index. This high level of greed signals strong optimism but also warns of a potential market correction.
Bitcoin's meteoric rise to $75,000 has propelled Open Interest (OI) to a record-breaking $45.41 billion, marking a 13.29% surge since November 5. The post Bitcoin Open Interest Hits Record High Amid $75,000 Rally, Analysts Bullish on Further Upside appeared first on Cryptonews.
Cryptocurrency investors have poured more than $200 billion into different digital assets in the last 24 hours after Trump's victory in the just-concluded U.S. elections. Major digital currencies have surged impressively since the elections, with Bitcoin recording a new all-time high.
In October, Solana outperformed Ethereum in several key metrics. The token surpassed Ethereum in market share for decentralized exchanges, economic value, and liquidity inflows. Additionally, SOL demonstrated strong price performance, reaching over $180 on election day and flipping BNB.
The ratio surged 12% Wednesday as the pro-crypto Republican candidate Donald Trump won the U.S. presidential election.
Bitcoin's growing dominance in the financial landscape continues to capture the attention of financial experts, with Anthony Pompliano, a longstanding advocate of cryptocurrency, offering an insightful analysis of its potential advantages over traditional assets like gold. Pompliano, the founder of Pomp Investments, recently discussed Bitcoin's emerging role in the economy, particularly in light of the continued depreciation of the U.S. dollar.
Another ATH was recorded yesterday on the wave of the American elections and in anticipation of FOMO.
Bitcoin has experienced a notable surge in price, reaching an all-time high of $75,358 following the announcement that former US President Donald Trump has been reelected, becoming the 47th President of the United States. So far, the asset's value has seen a nearly 10% spike in the past day before experiencing a slight correction, trading at $74,037 at the time of writing—a decline of approximately 1.1% from its peak earlier today.
Ethereum is recording impressive interest from large holders as its price surpasses the three-month high of $2,800. Ethereum (ETH) gained 8% in the past 24 hours and is trading around the $2,800 mark.
November 6 was one of the biggest events in the crypto industry, as the polling results declared Donald Trump as the 47th President of the country. With that, the crypto trading market has witnessed quite a boost, leading to many dormant Ethereum whales returning to the market to benefit from the ETH price rally.
US spot Bitcoin exchange-traded funds (ETFs) saw a dramatic turnaround on November 6, drawing in approximately $622 million in net inflows The post US Spot Bitcoin ETFs Rebound with $622M Inflows, Breaking Three-Day Losing Streak appeared first on Cryptonews.
Semler Scientific, a technology company specializing in products and services aimed at combating chronic diseases, has significantly expanded its cryptocurrency portfolio with the purchase of an additional 47 bitcoins (BTC) for a total of $3 million. This move brings the company's total bitcoin holdings to 1,058 BTC, which has been acquired at an aggregate cost of $71 million, including transaction fees and other costs.
Democratic candidate Kamala Harris has conceded her defeat in the US election, marking the beginning of a new era led by Republican leader Donald Trump, who has secured at least 295 electoral votes as against Harris' 226.
NBA star Scottie Pippen's "dream encounter" with Bitcoin (CRYPTO: BTC) creator Satoshi Nakamoto failed to hit the bull's eye, as the leading cryptocurrency gained but didn't gain enough on election day. What happened: Widely regarded as one of the greatest players in NBA history, Pippen is a known celebrity advocate of Bitcoin and actively uses his social media presence to promote the cryptocurrency.
Bitcoin approaches $75,000 as Trump's pro-crypto stance fuels market enthusiasm. Crypto stocks and altcoins rise, with optimism around potential regulatory easing. The post Bitcoin Nears $75,000 as Trump's Pro-Crypto Stance; What's Ahead? appeared first on Cryptonews.
The Federal Reserve is about to announce a 25-basis-point rate cut, likely bringing rates down to the 4.5%-4.7% range. But since everyone's already expecting this move, it might not make waves on its own. The real buzz will come after Fed Chair Jerome Powell speaks about how he sees President-elect Trump's economic plans playing out.