On November 14, Matthew Sigel, the head of digital asset research at global asset manager VanEck, joined CNBC's “Squawk Box” to share his thoughts on the ongoing rally in the crypto market. During the interview, Sigel expressed confidence that Bitcoin's recent surge is far from over.
Goldman Sachs has reported a big increase in its Bitcoin ETF holdings, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). As of September 30, the bank held $710 million in Bitcoin ETFs. This includes a 156% increase in $BITB shares and a 116% rise in $GBTC shares since August.
Bitcoin nears $90,000 as Trump's pro-Bitcoin AG nominee boosts investor optimism. Will BTC hit new highs amid regulatory shifts? Read our analysis. The post Bitcoin Price Analysis: BTC Nears $90,000 Amid Trump's Pro-Bitcoin AG Nominee appeared first on Cryptonews.
Bitcoin has continued its bullish momentum streak, reaching a new all-time high on November 13 and triggering a wave of activity across the crypto market. In particular, the futures market has been significantly impacted, with a surge in trading volume for the BTC/USDT pair.
14 November's intraday high was around $93,500 amid ongoing high volume.
Goldman Sachs is doubling down on Bitcoin, reveals the latest fillings. The investment bank just expanded its holdings in BlackRock's iShares Bitcoin Trust (IBIT) to a staggering $461 million.
An analyst is leaning bullish on Bitcoin (BTC) amid the flagship crypto asset's rally to a new all-time high of around $93,500. The analyst pseudonymously known as Rekt Capital tells his 95,400 YouTube subscribers that Bitcoin has finally broken into the “parabolic phase of the cycle.
Bitcoin has been on a tear, recently surpassing $88,000, but for Matt Hougan, the Chief Investment Officer (CIO) at Bitwise Asset Management, this is just the beginning. Despite the impressive rally, Hougan told investors that they are still early in the game and Bitcoin has much further to go—potentially up to $500,000 per coin before reaching maturity.
Bitcoin soared to a jaw-dropping $93,435, smashing its all-time high, before taking a breather with a short-term dip below $88,000. Now consolidating above $87,000, it's eyeing key resistance at $90,000.
Bitcoin's price has now corrected approximately 6% since the all-time high break on Nov. 13.
The Options market lets traders speculate with limited risk, but Bitcoin's price volatility is still in the picture.
Goldman Sachs has substantially increased its Bitcoin ETF holdings to over $650 million across multiple funds, with its largest position being $461 million in BlackRock's IBIT.
The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.
Investment firm Bernstein has urged India to recognize bitcoin as a strategic reserve asset, highlighting its potential as “digital gold” amid global financial risks like inflation, U.S. debt, and geopolitical instability.
On November 14, Michael Saylor, the co-founder and executive chairman of MicroStrategy (Nasdaq: MSTR), joined CNBC from the Caner Crypto, Digital Assets, and AI Infrastructure Conference in Miami.
Bitcoin, the world's leading cryptocurrency, has surged over 100% since the start of 2024, with most of those gains coming in the past few months, bringing its market capitalization to $1.83 trillion.
Billy Markus, one of the two founders of the iconic meme cryptocurrency Dogecoin launched in 2013, has commented on the recent Bitcoin price rally. He also once again disclosed his BTC holdings.
U.S.-based battery tech company Solidion has pledged to allocate 60% of its excess cash reserves to Bitcoin as part of its treasury strategy. Solidion Technology, a U.S.
Bitcoin surpasses $90,000 amid substantial whale accumulation of 100,000 BTC in one week, while market metrics and derivatives activity suggest continued buying pressure.
Currently, the Bitcoin price is trading at $87,926, a quick retracement below the $93,000 peak. This comes with an intraday drop of 2.38%. However, the market cap of Bitcoin remains at $1.7 trillion. As the 7-day trend remains positive with a 15.45% jump, Bitcoin has increased nearly 32% over the last 30 days.
Gemini crypto exchange apologizes for a false Bitcoin $110K alert, highlighting the need for accurate communication to maintain investor trust.
Data shows Dogecoin and other meme coins are receiving a significant amount of attention on social media, a sign that may not be ideal for Bitcoin. Top 6 Memecoins Have Seen Their Social Dominance Rocket Up Recently In a new post on X, the analytics firm Santiment has discussed about the trend in the Social Dominance for a few different subsections of the cryptocurrency sector.
Despite the positive sentiments, Ki Young Ju, CEO of CryptoQuant, warned that Bitcoin might close the year below $59,000.
Large players in the BTC options market expected wild price swings in either direction, but there was an overwhelming bullish bias.
Despite a bullish market, institutional investors pulled $400 million from Bitcoin ETFs.
U.S. spot bitcoin ETFs recorded $400.67 million in outflows on Thursday, ending a six-day streak of positive flows.
Bitcoin Crash: The BTC price has been on the investors' radar lately, especially as the crypto has noted a retreat today. This dip comes as the crypto has recently touched its ATH crossing the $93,000 mark this week.
The recent surge in Bitcoin (BTC) prices could well last into 2025 and see it reach highs of $180,000, said Matthew Sigel, head of digital assets research at VanEck.
The law has been proposed by the Republican minority, but there are precedents that suggest it could also be approved.
The Royal Government of Bhutan has sold 367 Bitcoin (BTC), worth about $33.5 million through major cryptocurrency exchange Binance.
In a unique perspective, a cryptocurrency analyst equated Bitcoin (CRYPTO: BTC) to gunpowder, arguing that sooner or later sovereign nations would be compelled to adopt the leading cryptocurrency. What Happened: Matt Huang, CEO of cryptocurrency-focused investment firm Paradigm, penned a blog post Thursday, highlighting Bitcoin's growing prominence.
Galaxy Digital CEO Mike Novogratz is forecasting the potential price trajectory of Bitcoin (BTC) if the incoming administration of President-elect Donald Trump adopts the crypto king as a strategic reserve asset.
Ilya “Dutch” Lichtenstein has been sentenced to five years in prison by a Washington federal judge for stealing billions worth of Bitcoin from crypto exchange Bitfinex.
Bitcoin has entered an explosive bullish rally, breaking all-time highs seven times over the past eight days. This sustained surge has set new price records and pushed its market cap above $1.809 trillion, placing it ahead of Saudi Aramco, the oil giant valued at $1.79 trillion.
Bitcoin (BTC) rallied past the $90,000 psychological barrier on November 12. That day, it briefly traded at a new all-time high of $93,265.
Shares in Trump media experienced a similar dynamic before the recent price slide.
A Bitfinex hacker has been sentenced to five years in prison for crypto theft and money laundering.
Bitcoin (BTC) has recently experienced a massive surge, rising over 39% since November 5th to reach a new record high of $93,250 on Wednesday. However, the largest cryptocurrency by market capitalization has since experienced a pullback and is currently trading around $88,800.
Bitcoin's price has been on a tear, surging over 40% this month alone, cementing a remarkable 120% year-to-date gain. From its 2022 cycle lows, it has skyrocketed nearly 500%, fueling excitement across the crypto community. With the upcoming U.S.
A guide beyond the hype that helps you avoid common mistakes and make informed decisions when entering the bitcoin market for the first time.
Bitcoin has been on a remarkable surge recently, with its price increasing by 20.6% in the past week alone. Currently hovering around $90,000, the cryptocurrency is inching closer to a major milestone: $100,000.
Spot Bitcoin exchange-traded funds in the United States experienced an outflow day on Nov. 14, ending their six-day inflow streak that had brought over $4.73 billion into the funds.
Bitcoin's meteoric rise following the U.S. elections has set the stage for even greater gains, with investment management firm VanEck projecting the cryptocurrency to hit $180,000 by 2025. The post VanEck Predicts $180K Bitcoin Price Target for 2025, Says ‘No Technical Resistance' appeared first on Cryptonews.
Investment management firm VanEck has rolled out a bullish projection for Bitcoin (BTC) amid recent price spikes. Bitcoin reached new high levels, with whales and institutional investors tipping massive price points this cycle.
The queen of cryptos continues its meteoric rise, now surpassing Saudi Aramco to become the seventh most valuable asset in the world. With a market capitalization of $1.81 trillion, Bitcoin is approaching the tech giant Google.
What if Bitcoin could help the U.S. cut its huge $33 trillion debt by $16 trillion? Sounds unbelievable, right? But MicroStrategy CEO Michael Saylor thinks it's possible. He believes that if the U.S.