A massive new Bitcoin whale has emerged with a single transfer of a staggering 3,073 BTC. Blockchain data reveals that the transfer occurred between two wallets with no prior major activity, suggesting the emergence of a new large holder, or whale.
The recent weeks have seen a bullish trend in the crypto market, with Bitcoin's price reaching new heights daily. As Bitcoin nears the significant $100K milestone, there has been a massive surge in inflow volume for ETFs. United States-based spot Bitcoin exchange-traded funds (ETFs) have recorded a staggering $3.
Dogecoin (CRYPTO: DOGE) rallied 17% over the past week, spurred by speculation around Elon Musk's X Payments platform potentially incorporating DOGE. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4254 $62.5 Billion +2.3% +17% Shiba Inu (CRYPTO: SHIB) $0.00002593 $15.3 Billion +2.7% +5.9% Pepe (CRYPTO: PEPE) $0.0000202 $8.5 Billion +1.5% -3.4% Bitcoin (CRYPTO: BTC) $98,129.53 $1.94 Trillion +0.7% +8.4% Trader Notes: Macro guru Raoul Pal highlighted that Dogecoin has outperformed Bitcoin by surging 550% since its launch, calling it “harder money” in this context and predicting potential continued outperformance.
Asset management firm and exchange-traded fund (ETF) issuer VanEck is standing firm on its bullish price prediction for Bitcoin (BTC). In a new report, VanEck says a number of key indicators the firm tracks continue to suggest that BTC is not yet in the late stages of a bull run.
Ethereum's recent price action highlights a mix of bullish momentum and cautious consolidation, with the price approaching a critical resistance at $3.5K. A breakout above this level could pave the way for a significant rally, but the potential for a continuation of the consolidation phase remains.
Despite ongoing skepticism and FUD, Binance has reached a new all-time high in its share of the Bitcoin reserve market, solidifying its dominance.
Bitcoin is stuck. The $100,000 milestone that felt inevitable has proven to be a nearly impenetrable fortress.
Recent analysis suggests that the Ethereum price may be operating on an 8-year cycle, diverging from Bitcoin's established 4-year cycle. This would explain the sheer underperformance of the Ethereum price in relation to the Bitcoin price since the beginning of the year.
MicroStrategy Inc. (NASDAQ:MSTR) has been described as the “Bitcoin magnet,” attracting billions of dollars in global capital through its unprecedented Bitcoin (CRYPTO: BTC) treasury strategy. What Happened: Bernstein's report on Monday highlights MicroStrategy's role in mainstreaming Bitcoin on Wall Street, projecting the company could hold 4% of the global Bitcoin supply by 2033, up from 1.7% today.
Salvadoran President Nayib Bukele hinted at the possibility of establishing a service to rent a volcano for bitcoin mining purposes. The leader stated that a green energy program harnessing volcano energy “might actually make sense.
CoinShares data showed that spot Bitcoin ETFs recorded $3.12 billion in inflows from Nov. 18–22.
After a massive upswing, the Bitcoin bulls are relaxing a bit as the prices are consolidating within a narrow range, just below the $100K milestone. In the meantime, some of the altcoins, including the most popular Solana, are accumulating gains, aiming for a strong breakout.
James Howells, the man forever linked to the world's most infamous lost Bitcoin stash, has a new chapter to add to his saga. His ex-girlfriend, Halfina Eddy-Evans, has come forward to admit that she threw out the hard drive containing bitcoins currently worth over $787 million.
El Salvador is exploring innovative ways to enhance its Bitcoin mining operations, with President Nayib Bukele proposing a unique approach—renting out the country's volcanoes to miners. The idea, shared in a Nov.
Bitcoin has experienced significant volatility today, dipping slightly below the $96,000 mark after briefly reaching an all-time high (ATH) of $98,655. Despite the recent pullback, analysts are optimistic, citing strong technical indicators and the potential for a significant price surge.
Ethereum ($ETH) is one of the best-performing of the major cryptocurrencies over the last 24-hours. With older altcoins $XRP and $ADA also putting on great gains over recent days, could $ETH be about to breakout, and also start reversing its long downward trend against $BTC?
Is Metaplanet the next big crypto titan in Asia?
The funds' year-to-date net inflows have also reached a record $37 billion, while assets under management hit a new peak of $153 billion.
After approaching $99,690, BTC suffered a 4% retracement, but there was a recovery over the weekend. As a result, Bitcoin (BTC) price today trades at on.
BTC came $200 away from tapping that level but has failed so far.
TL;DR Cantor Fitzgerald has acquired a 5% stake in Tether, the issuer of USDT, for $600 million, highlighting its commitment to expanding in the crypto market. Howard Lutnick, Cantor Fitzgerald's CEO, is stepping down to become Commerce Secretary in President-elect Donald Trump's administration, with his son Brandon Lutnick taking over the Tether deal.
Amid revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic disputes. Here is a summary of the most notable news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple.
The Sandbox, Sei Network, and Avalanche tokens defy Bitcoin-led market correction, posting sharp rallies as bullish setups point to further upside potential.
Bitcoin ETFs experienced record inflows of $3.12 billion last week, while Solana outpaced Ethereum with $16 million in inflows, according to CoinShares.
In a remarkable turn of events, MicroStrategy Inc (NASDAQ:MSTR) saw its shares jump by 5.93% in pre-market trading on Monday, as per Benzinga Pro. This surge comes on the heels of co-founder Michael Saylor‘s announcement that the company is generating $500 million daily as Bitcoin edges closer to the $100,000 mark.
Ethereum (ETH) traded steadily into the weekend, holding its ground after breaking through the $2,800 resistance level earlier this month.
Ethereum has been trading at its highest levels since late July, hovering around $3,470. This marks a significant rebound for the second-largest cryptocurrency, which has managed to hold above the crucial 200-day moving average (MA) at $2,965.
Investors' greed in the market increased, which could delay a Bitcoin market top for several months.
A new theory suggests that Satoshi Nakamoto may have been strategically liquidating Bitcoin holdings from certain wallets since 2019.
The analysts expect MicroStrategy to run through its $42 billion capital raise for bitcoin acquisitions within the next 18 months.
Despite reaching the $100,000 mark on CME Futures, a stubborn sell-off has kept Bitcoin (BTC) from breaking decisively above that level on spot markets. Mike Novogratz, the billionaire investor and CEO of Galaxy Digital, has shared some thoughts on what might be driving this selling pressure.
The price of Ethereum has climbed by 4% today, after the coin broke out of a long-term descending channel. The post Ethereum Breaks Out of 8-Month Descending Channel, Analysts Put $4700 Target for ETH appeared first on Cryptonews.
The potential collaboration could reshape crypto lending, blending Wall Street power with blockchain technology.
Bernstein raised its MicroStrategy price target to $600 from $290. Broker Canaccord also increased its price target for the software company, to $510 from $300.
After stopping just a couple of hundred dollars away from the $100,000 price level on Friday, the $BTC price rejected back down as far as $95,750. Currently Bitcoin has broken upwards through the descending trendline and is heading back for another attempt at $100,000.
Bitcoin whale activity has been on the rise in the last 24 hours, which suggests that upward pressure for the BTC price rally to $100K could be coming today itself. In the past few hours, 6 new whale wallets have withdrawn over 1,110 Bitcoins from crypto exchange Binance.
Jon Erlichman, a BNN Bloomberg commentator, recently conducted an informal survey on the streets, asking several people whether they would prefer a ticket to a Taylor Swift concert or a bitcoin.
Amidst the ongoing Bitcoin (BTC) rally, which has seen the cryptocurrency first come within $2,000 of $100,000 and then recover from a weekend slump below $90,000 to climb to $98,805 in the early hours of November 25, Robert Kiyosaki has taken to providing forward-looking price predictions for the coin.
Bitcoin (BTC) could be back on track to hit the $100,000 record high, with technical indicators supporting this push.
Ethereum breaks above $3,300 with strong technical indicators and steady buying pressure, as price action suggests potential for further upward movement toward the $3,600 level.
Bitcoin market participants' view diverge wildly over the significance of the $100,000 BTC price milestone this week.
Popular crypto analyst Altcoin Sherpa says that Ethereum (ETH) is likely approaching a cycle bottom in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 230,000 followers on the social media platform X that ETH/BTC will likely bottom once Bitcoin has completed its breakout rally.
Bitcoin price analysis shows $99,000 nearing key resistance. Trump's pro-crypto Treasury nominee sparks optimism and market momentum. Read more insights now! The post Bitcoin Price Analysis: $99,000 Near Key Resistance as Trump's Pro-Crypto Nominee Fuels Optimism appeared first on Cryptonews.
Interest in Ethereum, the second-largest cryptocurrency asset, is gaining momentum once again among retail and institutional investors, as evidenced by a robust increase in its net staking inflows in the past week in tandem with recent improvements in the price of ETH.
Bitcoin's long-term holders are HODL-ing, while short-term holders are making profits. This reflects a consolidation of BTC's price.
Metaplanet expands its influence with the launch of Bitcoin Magazine Japan, targeting a pivotal market for Bitcoin adoption.
James Howells' $716 million Bitcoin fortune in a landfill has sparked legal battles, and his ex-partner now claims she followed his instructions to discard the hard drive.
Hunter Horsley, founder and CEO of Bitwise asset management firm, told CNBC that it is still early for investors and Bitcoin has a lot of room to run. According to the executive, the asset is greatly undervalued based on the recent interests it has received from institutions.