Is Bitcoin's Post-Election Rally Over?

SOS plans a $50 million investment in Bitcoin, capitalizing on its projected price rise, currently around $93,000 per coin.

Bitcoin's journey towards its much-anticipated $100,000 milestone suffered a significant setback as the cryptocurrency tumbled this week, dropping as low as $91,095 on Tuesday and triggering a wave of liquidations.

SOS Ltd. announced a plan to buy up to $50 million worth of Bitcoin on Wednesday morning. Its stock price immediately exploded.

SOS Ltd., a company involved in blockchain operations and cryptocurrency, has announced plans to allocate $50 million toward the purchase of bitcoin (BTC). SOS Invests $50 Million in Bitcoin According to the announcement, the initiative aims to bolster the company's blockchain strategy while leveraging the growing prominence of bitcoin as a digital asset.

China-based company SOS Limited plans to tap Bitcoin to support its investment portfolio and extract value from the fast-growing cryptocurrency.

The sell-off coincides with Bitcoin's recent price surge near $100,000, sparking questions about motivations. The post Long-Term Bitcoin Holders Sold 728,000 BTC in 30 Days – CryptoQuant appeared first on Cryptonews.

Kamala Harris's rejection of Bitcoin deprives a vital resource to those in need globally, while Trump's ‘Number Go Up” approach, may jeopardize America's core humanitarian values, like the refugee resettlement program, and ignore Bitcoin's potential to aid vulnerable populations globally.

CEO Paolo Ardoino said Tether Investments is already working with some of the sector's largest commodities traders.

Senator Cynthia Lummis claims that Trump is assembling a team to advocate for Bitcoin and blockchain technology. The leadership team plans to integrate Bitcoin, crypto, and blockchain into a U.S.-centric 21st-century economy.

Maya Parbhoe, a presidential candidate in Suriname, proposes to adopt Bitcoin as the country's national currency. The post Suriname Presidential Candidate Promises to Adopt Bitcoin as National Currency appeared first on Cryptonews.

TL;DR Tether will discontinue its euro-pegged stablecoin, EURT, by the end of 2025, in response to regulations in Europe, specifically the MiCA framework. Holders must redeem their EURT before November 27, 2025. Tether is focusing on new projects such as EURQ and USDQ, designed to comply with MiCA, and is promoting its Hadron platform.

Stablecoin issuer Tether announced plans to end support for its Euro-pegged stablecoin, EURt, in a Nov. 27 statement. The company stated it had ceased minting new EURt tokens, with the last issuance request processed in 2022.

Tether is discontinuing its support for the Euro-pegged stablecoin EURT, and will no longer accept new issuance requests.

Analysts are divided on Bitcoin's next move, with Ran Neuner predicting a steep drop and backing his stance with a Speedo bet.

As Bitcoin reaches historic highs and continues to capture global investors' interest, a publicly-listed Chinese firm SOS Ltd has unveiled plans to invest $50 million to purchase Bitcoin.

Crypto analyst Trader Tardigrade has drawn the community's attention to the fact that the Bitcoin price is mirroring 2023 movements. The analyst further provided insights into what this means for the flagship crypto.

Here are the key points to know as Bitcoin aims to mark $90K as a local bottom.

Vitalik Buterin donated 30 ETH, worth just over $1 million, to Coin Center on Tuesday night. The donation came hours after a Coinbase-backed suit challenging U.S. sanctions against Tornado Cash won an appeals court victory.

Stablecoin issuer Tether has announced that it will no longer issue its euro-backed EURT token amid regulatory challenges in Europe.

SOS Ltd. announces a $50M Bitcoin purchase plan as part of its Bitcoin investment strategy to boost market competitiveness and profits. The post Chinese blockchain company SOS plans $50M Bitcoin purchase appeared first on Crypto Briefing.

Pepe coin price has retreated by over 27% from its highest level this year, but the ongoing whale activity and exchange supply may push it higher. Pepe (PEPE), the third-biggest meme coin, was trading at $0.0000187 on Wednesday, Nov.

Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin.

Tether, the prominent stablecoin issuer, is discontinuing EURT because of the EU's MiCA regulations. Nonetheless, the firm invested in other MiCA-compliant stablecoins and maintains revenue streams from the European market.

Ethereum is up, returning to near $3,500 while bitcoin is still recovering from a Black Friday correction with the ratio gaining recently.

Bitcoin's price is teasing investors, as it is experiencing a pullback before reaching the $100K mark. Yet, as things stand, there's a considerable probability that it will hit the milestone soon.

BTC price upside makes a confident return as chart analysis sees fresh odds of Bitcoin hitting $100,000 after all.

SOS Limited's Board of Directors authorized an investment of $50 million in the company's Bitcoin acquisition. On November 27th, the announcement was published on their website.

Crypto market sentiment has shifted to altcoins, highlighted by a 13% jump in the ETH/BTC ratio, analysts said.

A closely followed crypto analyst is identifying a level where Bitcoin (BTC) could regain bullish momentum. Pseudonymous trader Cheds tells his 340,100 followers on the social media platform X that Bitcoin needs to soar about 4.50% from current levels to spark new surges. “BTC recapture of $96,000 would really kick things off.

Cipher Mining Inc., a bitcoin mining company listed on Nasdaq, has announced the acquisition of a 250-acre site in West Texas.

CryptoQuant CEO Ki Young Ju explains that the delay in altseason is due to the dominance of institutional investors and spot Bitcoin ETFs, which typically don't rotate their capital into altcoins.

Bitcoin's (CRYPTO: BTC) long-term holders are cashing in like never before, realizing an unprecedented $2.02 billion in daily profits, according to a Glassnode report published on Tuesday. What Happened: This new all-time high (ATH) surpasses the previous record set in March 2024, showcasing the intensity of profit-taking as Bitcoin edges closer to the $100,000 milestone.

MIAX joins Nasdaq and NYSE in listing options on Bitcoin ETFs. Cboe will start in December.

Tether requested customers holding the Euro stablecoin on all supported blockchains to redeem by Nov. 27, 2025.

Solana (SOL) has made waves in the cryptocurrency market, recently closing above the $250 resistance level for the first time. This historic move has ignited discussions among analysts, raising the question: Can SOL breach its all-time high of $260 and continue its rally toward $300 or even higher?

Currently, Bitcoin, along with major cryptocurrencies, is undergoing a significant price correction following notable upside momentum in recent days. Amid this development, OKG Research has made a bold prediction for Bitcoin (BTC), providing full validation for their analysis. Bitcoin to Attract $2.

Despite the recent Bitcoin crash, Ethereum (ETH) price trades today at as of . Surprisingly, ETH performance during the recent crash is much better than most altcoins, but this sell signal could cause issues and potentially trigger a crash for ETH.

Bitcoin price bounced back on Wednesday, ending a two-day retreat that pushed it near the $90,000 level. Bitcoin's (BTC) rebound happened after a major court victory by Tornado Cash, a crypto mixer.

The US personal consumption expenditures (PCE) price index data has come out in line with expectations. This US inflation data is significant, considering the impact that it could have on the Bitcoin price and the broader crypto market.

Amidst expectations of a crypto-friendly government after Trump's victory, the cryptocurrency prices are soaring, and so is the demand for stablecoins. Strikingly, the overall value of the digital-assets market has risen by nearly a trillion dollars since the election.

Bitcoins climb to the elusive $100,000 mark may face a steep 30% correction, analysts caution. As market dynamics shift with slowing ETF inflows, experts remain optimistic about the long-term bullish outlook.

Tether stablecoin EURT will be discontinued, with redemptions to be completed by November 27, 2025.

The prices of most of the coins are rising, according to CoinStats.

Michael Saylor, renowned Bitcoin supporter, founder and executive chairman of MicroStrategy business software firm, has taken to his X account to publish a new tweet about the recent Bitcoin yields earned by his company thanks to buying and holding BTC long-term.

The bitcoin bull market is not over, Galaxy Research said. Galaxy said the world's largest cryptocurrency is expected to retest the $100K level in the near term.

Robinhood Crypto has announced the launch of ethereum staking for its European customers, allowing them to earn rewards on their ETH holdings. The platform is offering a limited-time promotion that includes a 100% match on staking earnings, up to €10,000.

90% of Art Blocks pieces will now be viewable on Ethereum in perpetuity, without the backend support of the company.