Rumble has become the latest company to confirm plans to add Bitcoin to its balance sheet after its CEO teased the idea on social media on Nov. 20.
ZA Bank combines traditional banking with digital assets to offer cryptocurrency services to retail users. Bitcoin Trading for Retail Customers in Asia Zhong An (ZA) Bank, a digital bank in Hong Kong, has declared that it has become the first bank in Asia to provide retail customers with bitcoin trading services.
Market makers may be intentionally driving prices down to trigger a liquidation of leveraged longs, Decrypt was told.
Bitcoin continues to flirt with $100,000, Binance has emerged as a dominant force in the global cryptocurrency landscape. Recent reports by crypto analyst Ki Young Ju reveal that Binance's customer Bitcoin balances have surged by 25% in 2024, reinforcing its position as a key player in the industry.
The timing and extent of Rumble's Bitcoin purchases will depend on market conditions, trading prices, and the company's liquidity needs
Rumble announces plans to invest up to $20M in Bitcoin from cash reserves, highlighting its role as an inflation hedge and strategic asset. The post Rumble to invest up to $20 million in Bitcoin from its cash reserves appeared first on Crypto Briefing.
Cantor Fitzgerald is reportedly seeking support for its planned $2 billion bitcoin lending project from Tether. The firms are discussing expanding their existing collaboration to include this planned program in which Cantor Fitzgerald would lend dollars to clients who put up bitcoin for collateral, Bloomberg reported Sunday (Nov. 24).
Bitcoin slips to $93,839 amid technical resistance and market reaction to Jim Cramer's endorsement. Key levels to watch: $93,500 support and $95,161 resistance. The post Bitcoin Dances Around $100k, While Elon Musk Fires Shots At Jim Cramer For Suspected BTC Price “Reversal” Role appeared first on Cryptonews.
Digital assets manager CoinShares says institutional investors dropped over three billion dollars into crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in net inflows of $3.13 billion last week, a new inflow record.
Robert Kiyosaki, the celebrated author of Rich Dad Poor Dad, is no stranger to making bold statements about Bitcoin (BTC). Known for his provocative financial insights, Kiyosaki has once again captured the crypto community's attention with a jaw-dropping prediction that Bitcoin could hit $500,000 by 2025.
On-chain data shows exchanges have continued to receive stablecoin deposits recently, a sign that could be bullish for Bitcoin and other digital assets. Stablecoin Exchange Netflow Has Remained Positive Recently As pointed out by an analyst in a CryptoQuant Quicktake post, stablecoins have been flowing into exchanges recently.
A prominent crypto influencer has criticized Bitcoin (BTC) for being an antithesis of its founder's vision. Justin Bons, a vocal BTC critic and the founder and CIO of Cyber Capital, took to X to slam the premier crypto for failing to uphold Satoshi Nakomoto's dream of being a P2P digital cash and gold.
Long liquidations and profit-taking from long-term Bitcoin holders are the primary factors in today's sell-off. When will the dip buyers show up?
Traders continue to place their bets on Elon Musk's favorite coin: Dogecoin. Open interest for the asset surged to over $4 billion Saturday.
Bitcoin has yet to hit $100,000. The cryptocurrency traded lower Monday afternoon after prices rose more than 40% over the last month.
Ethereum (ETH) price has climbed 46.11%, marking impressive growth but still making it the second-worst performer among the top 10 largest cryptocurrencies. Its recent rally is supported by increasing whale accumulation and a 7-day MVRV signaling neutral to slightly bullish sentiment.
The recent spike in trading activity on Korean exchanges has brought the country and its retail investors to the fore of the crypto industry. Korean Investors Love to Play Big The South Korean cryptocurrency market is once again at the center of global attention with a recent surge in trading activity.
Bitcoin has witnessed a massive shift in market dynamics, with $6 billion worth of BTC being withdrawn from exchanges over the past week. This significant movement reflects growing confidence among retail investors, who are increasingly driving accumulation while whale activity appears to decline.
Bitcoin IRA co-founder and COO Chris Kline joins CoinDesk to discuss bitcoin's recent activities as investors wonder when BTC will reach the milestone $100,000 mark. Plus, insights into the liquidity concerns surrounding spot bitcoin ETFs and MicroStrategy adding another $5.4 billion of bitcoin.
Crypto analyst Master Kenobi has provided a bullish update for the Dogecoin price, predicting that the foremost meme coin can reach as high as $2.8. In his update, the analyst also explained why Dogecoin's outlook is still bullish.
Tim Draper, a prominent venture capitalist and cryptocurrency enthusiast, has made Bitcoin price predictions since 2014. That year, Draper predicted Bitcoin to be $10,000 by the end of 2017.
Despite a bearish outlook across the cryptocurrency landscape, Ethereum (ETH), the world's second-largest cryptocurrency, is poised for a notable upside rally. A bullish price action pattern and record interest from traders support this positive outlook.
A sizeable well wall is blocking Bitcoin from breaching the $100,000 threshold, despite the bullish frenzy for the largest cryptocurrency by market cap. CoinDesk's Christine Lee explains on "Chart of the Day.
Bitcoin's recent price surge has been accompanied by increasing signs of greed among long-term holders, according to data from the Net Unrealized Profit/Loss (NUPL) indicator. NUPL tracks the unrealized profit or loss of Bitcoin holders, and when long-term holders start showing signs of greed, it often signals that the market is approaching a top.
Unlike the last cycle, a Bitcoin pullback may not trigger a drastic altcoin crash, but a correction is still inevitable.
Long-term Bitcoin holders are showing signs of growing greed as the price of BTC steadily approaches the $100,000 mark. A crypto analyst has underscored the significance of this market trend, highlighting that a possible Bitcoin market top could be incoming in the next few months.
The Solana memecoin launchpad Pump Fun has announced the indefinite suspension of its live streaming feature. The decision to sunset this service comes after the protocol faced backlash in relation to the abusive use of the live stream feature.
The Dogecoin (DOGE) price came within just $0.24 of its record high when it $0.48 over the weekend on more teasings from Elon Musk, but some analysts are predicting it could easily eclipse its 2021 high this cycle. The post Dogecoin Price Just $0.24 Shy From An All-Time High, Analysts Predict DOGE Could Reach $2.80 In December appeared first on Cryptonews.
Maya Parbhoe, a presidential candidate for the South American nation of Suriname, has an ambitious vision for her country. Taking inspiration from El Salvador's Bitcoin strategy, she aims to build a Bitcoin nation even more deeply rooted in crypto than Nayib Bukele's El Salvador.
Bloombergs James Seyffart has shared insights on the challenges facing XRP and SOL ETFs, predicting potential approval by 2025. Regulatory hurdles like compliance and market manipulation remain, but changes in SEC leadership could reshape the landscape.
President Donald Trump, the man who once trashed Bitcoin for being “thin air,” now sits on a cryptocurrency portfolio worth $5,485,312. The breakdown?
ETH advanced 4% during the day, outperforming BTC's 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index. The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted.
The cryptocurrency market's November rally has spotlighted several Cardano Rivals poised for exponential growth. After Cardano's ADA token surged 250%, investors are eyeing competitors that could deliver significant returns.
Ethereum's enduring appeal for USDT issuance is also tied to its DeFi dominance and institutional adoption.
Between November 20 and 23, Dogecoin (DOGE) whales reduced their holdings — the same week the cryptocurrency reached a yearly high. This decrease in exposure caused DOGE's price to dip to $0.36.
Popular meme coin creation platform Pump.fun disabled the livestream feature after it was used for an array of controversial streams.
Semler Scientific, a healthcare-focused technology company, announced an update on its Bitcoin holdings, revealing the acquisition of an additional 297 BTC between November 18 and November 22, 2024. The company spent $29.1 million on these purchases, with an average price of $97,995 per Bitcoin, including associated fees.
Cryptocurrency markets are trading lower on Monday, with Ethereum a notable outperformer. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,748.63 -1.6% Ethereum (CRYPTO: ETH) $3,482.07 +4.7% Solana (CRYPTO: SOL) $240.19 -3.6% Dogecoin (CRYPTO: DOGE) $0.4052 -3.3% Shiba Inu (CRYPTO: SHIB) $0.00002568 +2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22% and daily active addresses falling by 8.4%.
Santiment's analysis of the Cardano market is based on two key indicators: realized profits and social media activity. According to their data, the $165 million in profits realized on November 22 was the highest level in eight months.
Financial services firm, Cantor Fitzgerald, is reportedly discussing receiving support from stablecoin issuer Tether to help fund the project.
At 1:30 p.m. Eastern Time on Monday, U.S. President-elect Donald Trump's cryptocurrency portfolio is valued at $5.43 million. Despite the high market prices for crypto, this figure represents a noticeable dip compared to its worth in June. Crypto Commander-in-Chief Donald Trump is set to become the first U.S.
Bloomberg Analyst James Seyffart has outlined potential timelines for the approval of Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) exchange-traded funds (ETFs). As regulatory discussions gain traction in the United States, Seyffart predicts that decisions on these altcoin ETFs may extend into late 2025, depending on various factors.
Dogecoins meteoric rise has Real Visions Raoul Pal calling it harder money than Bitcoin, citing a decade-long 550% outperformance. Pals prediction suggests DOGE might keep surpassing BTC, as analysts speculate even higher targets amid record-breaking gains.
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, Bruno Caratori, Hashdex co-founder and chief operating officer, discusses post-election crypto investment trends and his outlook for the industry under the incoming Congress.
Analysts predict Ethereum will reach an all-time high by the end of this year, but there are problems.
Solana (SOL) has been making waves in the cryptocurrency industry, reaching an all-time high of $265 on November 23, 2024. The surge of Bitcoin toward the $100,000 mark and the enthusiasm for meme currencies were the catalysts for this remarkable rally.
In January, spot bitcoin ETFs began trading, which opened the door to more mainstream investors.
Timestamp has launched a regulated crowdfunding platform to connect Bitcoin startups with global investors, allowing both accredited and non-accredited individuals to invest in Bitcoin-related ventures and receive ownership stakes in supported projects. The post Timestamp Debuts Regulated Crowdfunding Platform for Bitcoin Startups appeared first on Cryptonews.