Michael Saylor's MicroStrategy is at it again, with rumors swirling about a potential Bitcoin buying spree over the weekend. Analysts speculate the company might acquire up to 100,000 BTC, aligning with the QQQ index rebalancing on Black Friday. Crypto enthusiasts are anticipating a major announcement on Monday, which could send ripples through the market.
Wrapped Bitcoin (WBTC) experienced a flash crash on Binance that caused it to briefly plunge to $5,200 before rebounding to its normal levels.
Bitcoin is holding steady at around $98,000 after a volatile 24-hour period, and liquidations have exceeded $500 million across the cryptocurrency market.
Bitcoin has been the cornerstone of the cryptocurrency market, holding the lion's share of value and investor trust. However, the tides appear to be shifting as its market dominance weakens.
Bears are set to capitalize on BTC's ATH volatility, triggering long squeezes and trapping it in a relentless loop.
As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.
Ethereum (ETH) price has continued its uptrend and bounced above the moving average lines. The bears have already pushed the altcoin to the $3,000 support level twice before it recovered.
Japan's Metaplanet has been gathering up Bitcoin for around six months and now wants to enter the crypto media space launching a local version of Bitcoin Magazine.
Bitcoin experienced a significant drop from $98,500 to $95,500 Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures.
BTC's order book shows executed bullish flow isn't being replenished, leaving sellers in a more dominant position, according to data tracked by FalconX. The overall market depth has weakened amid the price rally.
Bitcoin's declining dominance fuels altcoin momentum - but is this the start of something long-lasting?
Metaplanet finalized a deal with BTC Media to launch Bitcoin Magazine in Japan, offering localized content for the community. The post Metaplanet Finalizes Exclusive License to Bring Bitcoin Magazine to Japan appeared first on Cryptonews.
The crypto prices today have triggered global investor speculations as Bitcoin (BTC) and major altcoins showed weakening price trends. Meanwhile, The Sandbox (SAND) and Decentraland (MANA) emerged as top gainers.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is regaining investor attention after breaking past a critical resistance level. ETH surged by 5% in recent trading, reaching $3,200, a price point that many analysts consider pivotal for its next potential rally.
Bitcoin is currently down by more than one percent and is trading slightly above the $98k mark. After hitting an ATH of $98655, the cryptocurrency hit reverse and even dipped below the $96k mark.
Ethereum price stabilized during the weekend as last week's strong bull run faded. ETH, the second-biggest cryptocurrency, was trading at $3,370 on Monday, a few points below the month-to-date high of $3,500. It has risen by about 60% from its lowest level this year.
After signing a memorandum of understanding (MoU) with Bitcoin Magazine on July 26, 2024, Metaplanet Inc. (Tokyo: 3350) has announced the definitive agreement to launch Bitcoin Magazine Japan. According to the announcement, Bitcoin Magazine Japan will help Metaplanet to become a leading driving adoption force in the country ahead.
Ethereum price started a fresh increase above the $3,320 zone. ETH is rising and aiming for more gains above the $3,500 resistance.
Bitcoin price is consolidating below the $100,000 resistance. BTC bulls might soon attempt to breach the stated milestone and push the price further higher.
Cantor Fitzgerald is deepening its crypto ties as its chief prepares to assume his role as Commerce Secretary after Trump's nomination.
Bitcoin's hasty retreat from $100K sparks massive liquidations on Binance, OKX, and HTX.
Ethereum has surged over 33% in the past month, trading above $3,368, but a correction might be on the horizon. Analysts suggest this dip could precede a powerful rally to $20,000 by 2025.
The cryptocurrency market suffered a $495 million liquidation wave in the past day, driven by steep corrections in Bitcoin and XRP. Bitcoin fell to $95,000, triggering mass sell-offs, while XRP plunged over 10%.
Ripple CLO hails landmark victory against SEC Chair Gensler, boosting XRP's market outlook amid speculation of a pro-crypto SEC leadership shift.
Ethereum's derivatives market is surging as open interest in futures contracts climbs to an unprecedented $20.8 billion. This record-breaking milestone reflects increasing bullish sentiment and heightened activity among traders betting on Ethereum's continued price rise.
Wall Street powerhouse Cantor Fitzgerald plans to launch a multibillion-dollar lending program using bitcoin as collateral, potentially reshaping crypto-backed financing and deepening ties with Tether Holdings.
Bitcoin has surged past the $99,800 mark, setting a new all-time high as it inches closer to the psychological $100,000 barrier. While the milestone signals remarkable strength, the price has yet to claim this key level, leaving investors in suspense.
The decline pushed long liquidations to an 11-day high, exceeding $344 million, while shorts incurred losses of approximately $136 million.
Bitcoin (BTC) is nearing a critical juncture in its price trajectory, with many analysts speculating on the potential for a parabolic bull run. Ki Young Ju, the CEO of CryptoQuant and a prominent crypto analyst, has shared two compelling scenarios that could lead Bitcoin to extraordinary price levels in the coming months.
As whale activity increases and the price approaches crucial resistance levels, Dogecoin has been garnering a lot of attention. Market conditions point to the potential for another wave that aims for the eagerly awaited $1 mark following a robust rally that lifted the meme coin above $0.5.
Dogecoin, XRP, Stellar and Sandbox saw a larger liquidation share than usual as some top altcoins from the 2020-2021 cycle soared as high as 50%.
The head of South Korea's top financial regulator has dismissed the notion of creating a national Bitcoin reserve “for the time being.” The post South Korea's Top Regulator Dismisses Talks of Building National Bitcoin Reserve appeared first on Cryptonews.
Bitcoin exchange-traded funds (ETFs), with inflows exceeding $6 billion as institutional interest in digital assets continues to grow. According to data from Farside Investors, November alone accounted for over $1 billion in new investments, highlighting the surging demand for these financial products.
In the past week, the crypto market has been buzzing with action, with bitcoin smashing its way to a new all-time high of $99,800 per coin on Thursday. Data reveals an intriguing dynamic during this period: while the Coinbase premium climbed, South Korea experienced a discount in BTC prices, reflecting a unique local discount. U.S.
Spot Bitcoin exchange-traded funds (ETFs) in the US are nearing a major milestone. They are set to become the biggest BTC holders in the world, even surpassing the amount held by Bitcoin's creator, Satoshi Nakamoto.
The cryptocurrency market is in the midst of a frenzy, with extreme greed dominating investor sentiment. This surge in optimism is largely driven by Bitcoin's impressive rally, which has ignite renewed interest in digital assets across the board.
Wrapped Bitcoin was launched in 2019 to give Bitcoin investors an option to use the asset in decentralized finance applications.
In today's edition of the weekly recap: President-elect Donald Trump names two, new nominees that bode well for crypto, while a GOP Senator proposes ditching gold for Bitcoin.
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, Max Keiser floats an idea to allow El Salvador to acquire more bitcoin, Argentine President Javier Milei meets President-Elect Trump, and the popularity of World explodes in Argentina.
Bitcoin sellers take the upper hand as BTC struggles to rally to $100,000. What will altcoins do?
Bitcoin price is currently among the trendiest topics with Elon Musk's recent post and with the aspiration for 2025 amid Trump's new administration. Here is what to expect!
A leading analyst has suggested that Bitcoin (CRYPTO: BTC) could potentially skyrocket to $180,000 and eventually reach a seven-figure valuation. What Happened: The prominent analyst, known by the pseudonym Pentoshi, projected a bullish future for Bitcoin.
An analyst known for nailing the end of the 2022 Bitcoin bull market is outlining triggers that could signal the top for BTC.
Michael Saylor, co-founder of MicroStrategy, has hinted at the possibility of additional Bitcoin purchases.
Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency by market cap, could potentially hit a staggering $125,000 by the end of this year. What Happened: According to predictions by betting platform Kalshi, an 85% probability of Bitcoin reaching $100,000 by the close of 2024.
Interactive Strength, a Texas-based company known for its innovative fitness equipment, made waves in both the fitness and cryptocurrency worlds with its recent decision to allocate $5 million to Bitcoin as part of its treasury strategy. The move, confirmed on November, resulted in an impressive 11% surge in the company's shares, reflecting market optimism over this bold step.
Corporate buyers and headlines aside, state-based bitcoin acquisitions could play a critical role in the bitcoin market going forward.
This bull season, Bitcoin has seen one of the biggest price pumps in its history as it traded to almost $100,000. Looking ahead, analysts believe that Bitcoin could see substantial growth in 2025, driven by a mix of macroeconomic conditions, institutional participation and seasonal market behavior.