Miners face a 50% block reward cut since April, with daily bitcoin mining capped at 450 coins.

Chris Burniske, a prominent voice in the crypto space and partner at Placeholder VC, dismissed the idea of a Bitcoin (CRYPTO: BTC) "supercycle," labeling it a “collective delusion.” What Happened: In a detailed thread on X on Wednesday, Burniske warned investors against the belief that Bitcoin's bull markets will eliminate future bear markets, despite new factors such as Bitcoin exchange-traded funds (ETFs) and potential sovereign adoption.

Metaplanet's stock surged 6.5% after announcing a $62 million fundraising to acquire more Bitcoins, extending its year-long rally.

Bitcoin futures open interest has risen sharply, signaling increased trading activity and market speculation, following Trump's win.

In a research note titled “Bitcoin's Road to $100K – Tear Down This Wall,” Alex Thorn, Head of Firmwide Research at Galaxy Digital, provides an analysis of Bitcoin's recent performance and the factors influencing its trajectory toward the $100,000 milestone.

The country's office of the Advisory Committee on business appointments approved Baker's bid to join Axiom as a paid advisor.

Bitcoin price returned to the psychological $95k mark on Tuesday, raising hopes that it could touch $100k. But what are the odds?

The TON Teleport BTC white paper introduces a trustless bridge allowing secure Bitcoin transfers between the Bitcoin and TON blockchains.

Bitcoin recently saw a 9% retrace from its all-time high of $99,800, narrowly missing the psychological $100K milestone. The pullback brought BTC down to a low of $90,700 on Tuesday, sparking concern among some investors.

BlackRock's Bitcoin exchange-traded fund (ETF) has recorded zero inflows for the past two days. Institutional investors have lost their appetite for Bitcoin exposure despite the ongoing bull market in the broader cryptocurrency space.

XRP and SOL are riding on the growing crypto fame. Monsta Mash is gaining traction with a 3% bump in total $MAH tokens sold in less than 5 hours.

The 12 spot bitcoin exchange-traded funds (ETFs) had a standout Wednesday, capitalizing on BTC's latest price climb. Collectively, these funds attracted $103.09 million in inflows, pushing their cumulative net inflows since Jan. 11 to an impressive $30.38 billion.

It is Thanksgiving in the U.S., and Michael Saylor, cofounder and chairman of MicroStrategy, has sent out a tweet that has resonated strongly within the cryptocurrency community. In an X post, Saylor simply stated, "Thank you Satoshi.

Jan Happel and Yann Allemann, who go by the X handle Negentropic, recently opined that long-term holders taking profits was one of the key reasons behind Bitcoin's recent price correction.

The following article is adapted from The Block's newsletter, The Daily, which comes out every weekday for subscribers.

Crypto hedge fund Pantera Capital has revealed in a new post that its Patnera Bitcoin Fund's lifetime return has recently topped 131,000% net of fees and expenses after the price of the flagship cryptocurrency Bitcoin surged to near $100,000 after the US elections.

While the crypto community is still waiting for Bitcoin to cross $100k, the total market cap of Crypto increased by 1.56% in the last 24 hours. Bitcoin suffered a loss of 4.22% and is now trading at $95,643, however there are some alts unaffected by its movement.

Bitcoin remains steady at $95,700, just shy of its recent all-time high of $99,645.39 reached six days ago. Ethereum has gained 1.25% in the last 24 hours to trade at $3,566.36, while Solana has cooled to $235.92 after hitting its own peak of $263.21 five days ago.

In a latest development, the Advisory Committee on Business Appointments (ACOBA) has approved former UK Minister Steve Baker as an advisor to Bitcoin VC firm Axiom Venture Fund II LP. Notably, Steve Baker has become the latest politician to transition from public service to the cryptocurrency sector.

The Bitcoin price is again facing hindrance at $96,000 as the token surges significantly from the interim lows around $92,000. The technicals suggest the token is expected to maintain a descending trend, which could push the price into a strong demand zone.

The Russian government has approved a comprehensive crypto tax regime while Bitcoin sets a new all-time high of 11 million rubles. The legislation exempts miners from VAT and imposes income taxes on crypto transactions as the ruble continues to weaken against global currencies.

SOS Limited's $50M Bitcoin investment boosts the stock by 43%, reflecting growing confidence in digital assets.

Investors have expressed apprehension regarding the recent price fluctuations of Bitcoin, particularly in light of analysts' predictions of a 20-25% decline in the global M2 money supply. Related Reading: Crypto Bloodbath: Over $500 Million Liquidated As Bitcoin Slides To $92K – Report At $92,864, bitcoin is down nearly 9% from its recent high of just under $100,000.

As Bitcoin trades above $95,000, a cryptocurrency on-chain analyst has highlighted specific technical indicators suggesting that the digital asset can hit the elusive $100,000.

The Bitcoin market continues to see a lot of interest, despite the fact that we are watching holiday liquidity cause a few questions about how the BTC price will move over the next few sessions, as we are going to still be in an uptrend.

Bitcoin celebrates 12 years since its first halving event, with block rewards shrinking to 3.125 BTC and miners adapting to higher difficulty amid rising prices.

Ethereum has risen to $3,607 today, outperforming Bitcoin over the past week as whales seek to take advantage of its relatively undervalued price. The post Whales Move to Ethereum As ETH Up 15% in 7 Days, Outperforms BTC appeared first on Cryptonews.

Dogecoin price has performed well this month, reaching $0.4795, its highest level since May 2021, as the broader crypto rally gained momentum. Dogecoin (DOGE) traded at $0.40 on Nov. 28, marking a 365% increase from its September low.

Can this week's $13.6 billion Bitcoin options expiry trigger a BTC price rally to $100,000 and beyond?

The cryptocurrency market has witnessed a modest uptick today, with the global market cap rising by 2.99% to $3.32 trillion. Trading volume, however, saw a slight decline of 0.42%, settling at $198.78 billion. The Fear & Greed Index soared to 84, signaling extreme greed as optimism echos through the market.

The election of Donald Trump to the office of President will go down in history as one of the most pivotal events of the year. Although pollsters were projecting a tight race, in the end, the GOP candidate secured victory over incumbent Vice President Kamala Harris in each swing state.

There's been some recent chatter suggesting that Michael Saylor, the CEO of MicroStrategy, holds significant sway over Bitcoin's future due to his company's massive Bitcoin holdings. Some even claim he's the second most powerful person in Bitcoin after Satoshi Nakamoto, a sentiment voiced by Vinny Lingham.

Tokyo-listed investment firm Metaplanet plans to raise 9.5 billion yen (approximately $62 million) to strengthen its Bitcoin portfolio. In a Nov. 28 statement, the company revealed that the funds will be raised through its 12th Series Moving Strike Stock Acquisition Rights.

On Nov. 28, 2012, Bitcoin underwent its first halving at block 210,000. This event halved the block reward from 50 BTC to 25 BTC.

BTC briefly pumped above $97,000, while ETH reached almost $3,700.

The question of whether – and even more so when – Bitcoin (BTC) is set to cross the long-awaited threshold at $100,000 has been the talk of the globe throughout November.

Dan Morehead, founder and CEO of Pantera Capital — the first crypto fund in the United States — is forecasting that the price of Bitcoin could smash $700,000 in 2028, roughly a week after the flagship crypto rocketed toward a six-digit price.

The blockchain and crypto data insights platform Santiment shared on November 28 that altcoins recovered on Thursday as BTC briefly crossed above $97,000. CoinMarketCap data has also indicated a move to the green region among many of the top 100 cryptocurrencies in the past 24 hours.

Russia is moving swiftly to implement new cryptocurrency taxes as Bitcoin reaches unprecedented levels against the ruble.

In a move that boosted its stock value significantly, Chinese financial services firm SOS Ltd will be investing $50 million in Bitcoin, citing its confidence in the cryptocurrency's long-term value and aligning with a rising trend of corporate adoption driven by favorable regulatory developments.

Bitcoin ($BTC) holders, and those looking to long or short the number one cryptocurrency, are currently indecisive. Bitcoin all but reached the $100,000 price level, but has been rather volatile since then.

Axiom is a company that invests in Bitcoin and blockchain technology, and it helps new businesses in the crypto world grow. Baker's new job is important because his experience in government and finance could help Axiom make smart decisions.

Long-term holders have hawked more than 500,000 Bitcoin amid BTC‘s latest bull run, according to the crypto analytics firm Glassnode. The firm notes in a new analysis that the long-term holder cohort reached its peak Bitcoin supply in September.

The crypto market is experiencing a significant correction at the end of November 2024, with Bitcoin fluctuating around $93,400. This 6% drop since Monday comes as technical indicators signal a concerning bearish divergence.

Bitcoin has risen by 2% in the past 24 hours, after Pantera CEO Dan Morehead predicted that the crypto could reach $740,000 by 2028. The post Bitcoin Still Aiming For $100k This Year, Analyst Predicts $740,000 By 2028 appeared first on Cryptonews.

Metaplanet wants to raise $62 million from its upcoming series of stock acquisition rights to EVO Fund. The firm will use the funds to buy more Bitcoin for its treasury management.

After setting up an all-time high (ATH) at $99,690 on November 22, BTC crashed nearly 9% in total and created a local bottom at $90,835. Although BTC has recovered in the past 12 hours, it faces a tough resistance level, leaving investors wondering if Bitcoin will visit $100,000 first or continue its crash and dip

By providing flexibility and monetization for energy producers, Bitcoin mining presents a novel and effective way to approach energy production.