Bitcoin's impressive rally to new all-time highs has left many investors wondering if the cryptocurrency might be overheating. However, top market analysts are dismissing these fears, citing strong fundamentals and steady market behavior as reasons to believe the bull run has room to continue.
BlackRock Bitcoin ETF reached its highest daily trading volume of $4.1 billion on U.S. election day, boosted by investor optimism linked to election outcomes.
Grayscale Investments has announced plans for reverse share splits for its Grayscale Bitcoin Mini Trust ETF (Ticker: BTC) and Grayscale Ethereum Mini Trust ETF (Ticker: ETH). Effective at 5:00 pm ET on Nov. 19, the BTC fund will undergo a 1-for-5 split, while the ETH fund will undergo a 1-for-10 split.
Coinbase has rolled out trading support for the brand-new native token of an Ethereum (ETH) layer-2 restaking protocol. Customers at the top US crypto exchange can now buy and sell SWELL, which launched on Thursday.
The US Securities and Exchange Commission (SEC) has delayed its decision on approving options trading on Ethereum (ETH) exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE), according to a Nov. 8 filing. The regulator cited a need for additional time to review the proposal and assess market implications.
Bitcoin ETFs registered record netflows after the U.S. presidential election result.
Bitcoin has once again captured the attention of investors as its Open Interest (OI) hit a new all-time high of $45.8 billion. This surge in OI, a key indicator of market sentiment in the futures market, comes at a time when Bitcoin's price is also climbing to new heights, touching $76.4k.
The cryptocurrency has recently surged to remarkable new heights, and now its RSI (Relative Strength Index) is displaying a flattening effect at the top. This pattern is comparable to a double-top pattern in conventional RSI analysis, in which the RSI reaches comparable high levels, twice forming a ceiling of sorts.
The cryptocurrency market has seen intense price action following the U.S. presidential election results. Bitcoin, in particular, hit a new all-time high of $76,480 on the back of Donald Trump's victory, causing a surge in market activity and substantial liquidations.
The second-largest crypto asset is attempting to regain a key price point after months of struggle.
In a recent X post, Binance co-founder Changpeng ‘CZ' Zhao has advised community members and investors against getting greedy as Bitcoin (BTC) price continues its rally. His statement comes amidst a broad crypto market rebound that has seen BTC hit an All-time-high (ATH) of almost $78,000.
Base is an example of successful L2 scaling, though still lagging behind Solana's traffic capabilities. Despite this, Base is among the leaders in L2 scaling.
Ethereum experiences a 7% daily surge following Bitcoin's new all-time high MVRV ratio reaches 10.21%, historically indicating potential correction zone Whale addresses show modest increase from 5,524 to 5,534 since October 30
Bitcoin (BTC) has been on an impressive upward trajectory recently, reaching a new all-time high (ATH) of $76,460.15. The surge has excitement across the crypto community, leading many to believe that Bitcoin is reaching new heights.
The bank estimates that a reset on crypto in the U.S. will quadruple the market's value in short order, with Bitcoin spiking to $200,000.
Exec forecasts an upcoming altcoin rally, fueled by retail interest.
In a recent interview with CNBC, VanEck CEO, Jan Van Eck, said that Bitcoin could reach $300,000. This estimate, according to Van Eck, rests on the assumption that the crypto could eventually achieve a market cap equal to half of all the gold currently in circulation.
Broadly the crypto market has been on the uptick since Donald Trump was elected U.S. president earlier this week.
Bitcoin reaches a record $77,000 after the Federal Reserve lowers interest rates. While the cryptocurrency market celebrates, analysts warn of potential long squeezes and mass liquidations. Will Bitcoin maintain its upward trajectory or face a pullback? The market remains volatile. The post Bitcoin Surges to Record $77,200 – Can the Rally Hold or Is a Pullback Next? appeared first on Cryptonews.
The Ethereum Foundation released its financial report on Friday, disclosing a treasury worth $970.2 million as of October 31, 2024. The figure is down by 39% from $1.6 billion which was reported in March 2022.
This week, the Bitcoin price railed to a new high of $77,000 following Donald Trump's Victory in the U.S. presidential election. While the recovery momentum boosted most major cryptocurrencies, investors can consider these three altcoins to buy with the potential to develop higher gains than Bitcoin.
Ethereum has finally surged after breaking through a critical resistance level that had kept the price subdued since early August. This move has shifted market sentiment, as many investors and analysts previously doubted ETH's potential in the current cycle, expecting it to lag behind.
Bitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. Hive Digital Discloses Modest Bitcoin Output Gains Vancouver-based Hive Digital (Nasdaq: HIVE) reported incremental growth in its bitcoin production for October, maintaining consistent operational metrics while advancing its mining infrastructure.
Cryptocurrency price milestones continue to topple in the aftermath of Donald Trump's election victory, as bitcoin on Friday surpassed $77,000 for the first time
Chasing quick gains without a strategy could leave traders vulnerable if the market shifts, threatening the $80K rally.
Ether's price metrics have replicated 3 key bullish actions which resulted in a 120% rally in Q1 2024. Will it happen again?
The recent price surge in GRASS, which is up 187.99% in the last seven days, appears to be fueled by the success of its airdrop and BTC new all-time highs. These factors, along with the upcoming listing of GRASS on Binance Futures with up to 75x leverage, have created a wave of bullish momentum.
A widely followed crypto trader says that one catalyst could cause Ethereum (ETH) to spark a rally that sees it rise by nearly 70%. In a new video update, Guy Turner, the host of CoinBureau, tells his 2.
They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said.
Cryptocurrency markets are trading mostly sideways to close out the week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $76,596.76 -0.1% Ethereum (CRYPTO: ETH) $2,941.75 +1.8% Solana (CRYPTO: SOL) $198.79 +0.9% Dogecoin (CRYPTO: DOGE) $0.1959 +1.8% Shiba Inu (CRYPTO: SHIB) $0.00001878 -0.9% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 26.3% and daily active addresses falling by 10.2%.
Bitcoin (BTC) thrives in low interest rate environments, and can outperform gold and equities. BTC heads for a new peak as the Fed signaled a series of rate cuts throughout 2025.
A dormant Ethereum whale has made a significant return to the crypto market following the boost ignite by Donald Trump's victory in the U.S. election. This whale, who had been inactive for over eight years, capitalized on the recent Ethereum price surge, making an impressive $30 million in just 24 hours.
Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and its infrastructure needs, according to its recent third-quarter shareholder letter.
Jan Van Eck, CEO of VanEck Associates, joins CNBC's 'Power Lunch' to discuss expectations for crypto under a Trump administration.
Big changes may be ahead for the crypto market.
Germany lost $1.1B in missed Bitcoin profits selling early amid all-time highs, reflecting political and market dynamics in crypto. The post Germany misses $1.1B in profits as Bitcoin hits a new all-time high appeared first on Crypto Briefing.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Johann Kerbrat of Robinhood Crypto discusses crypto trading activity on the platform after the election, and his expectations for regulation under a Trump administration.
In the last two days, Ethereum's open interest has increased by more than $3 billion.
Ethereum has had a rough year, but recent insights from industry insiders indicate a possible comeback. Matthew Sigel, VanEck's Head of Digital Assets Research, recently indicated that Ethereum is oversold.
Bitcoin crossed $77,000 on Friday, Nov.8, setting another all time high for the second consecutive day.
At precisely 2:30 p.m. ET on Friday, bitcoin reached a fresh all-time high on Bitstamp, hitting $77,112 per coin. This latest peak redefined bitcoin's USD value once again. Trading in the mid-$76,500 range, bitcoin gained about 1% over the past 24 hours. Over the week, BTC has climbed 10.7%, showing a 14.
U.S. spot bitcoin ETFs saw record net inflows of more than $1.38 billion on Thursday as Bitcoin achieved a new all-time high. This comes as Republican Donald Trump won the U.S. presidency and the Federal Reverse announced another rate cut of 25 basis points.
New data reveals that asset management titan BlackRock's Bitcoin (BTC) exchange-traded fund (ETF) has surpassed its gold counterpart in terms of net assets.
Bitcoin, the leading cryptocurrency by market capitalization, has surpassed the $77,000 level for the first time.
Stacks seeks to usher in a wave of adoption and innovation following its Nakamoto upgrade.
The SEC's delay highlights regulatory caution, potentially slowing innovation and market expansion for Ethereum-based financial products. The post SEC delays decision on NYSE options for spot Ethereum ETFs appeared first on Crypto Briefing.
The total liquidations over the past 24 hours exceed $260 million.