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.
TL;DR Uniswap reaches a record $38 billion in monthly trading volume across Ethereum Layer 2 networks, surpassing the previous high by $4 billion. The surge in trading volume is led by Arbitrum and Coinbase's L2 Base, with significant contributions from Polygon and Optimism. UNI token soared 43.
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.
TL;DR Ethereum (ETH) has surged past $3,600, marking a 15% increase over the past week and reigniting investor interest. Record-breaking $22 billion in Ether futures open interest highlights growing market activity and institutional participation. Despite the bullish momentum, analysts caution against potential risks, including market volatility and possible price drops below $3,000.
Polymarket traders are split on Dogecoin's (CRYPTO: DOGE) trajectory as Inauguration Day approaches, with a 41% chance for DOGE to hit the 69 cents milestone by Jan. 20 next year. This represents a slight dip in confidence from the 53% chance on Nov.23.
By providing flexibility and monetization for energy producers, Bitcoin mining presents a novel and effective way to approach energy production.
Mara Holdings (MARA) follows the example of MicroStrategy, recently expanding its reserves with an additional purchase of 703 BTC, valued at $615M. MARA retains $160M for buying BTC at favorable prices.
James Howells might go down in history books as one of the unluckiest people ever, having discarded hundreds of millions of dollars in Bitcoin (CRYPTO: BTC) accidentally. But a new twist in this decade-old bizarre saga revealed that it was not him but his ex-girlfriend who unintentionally threw the fortune away.
Chris Giancarlo, a leading candidate to head the US Commodity Futures Trading Commission (CFTC) and author of the book “Crypto Dad,” recently addressed key aspects of President-elect Donald Trump's ambitious plans for the crypto sector.
Dogecoin is at a critical $0.40 resistance. A breakout could lead to $0.43 or if it fails, then a dip to $0.36 seems likely.
One of the two Dogecoin founders, Billy Markus who created the iconic meme cryptocurrency Dogecoin in collaboration with Jackson Palmer, has commented on the recent Bitcoin price surge.
Binance Pool introduces a promotion offering an 88,000 KAS bonus for eligible miners of Kaspa (KAS) and Bitcoin (BTC). The promotion runs from November 28, 2024, to January 27, 2025.
Bitcoin remaining range-bound below $100,000 could be a net positive for Ether's price and invite more investment into the world's second-largest cryptocurrency.
Dogecoin price has witnessed a remarkable surge in November, securing its place among the top-performing cryptocurrencies. The meme-inspired digital asset has consistently climbed in value, defying broader market trends and showing resilience against corrections.
TL;DR Recent research from CryptoQuant suggests Bitcoin's bull cycle could reach a $146,000 price target, based on on-chain data and valuation metrics. Key metrics like Bitcoin's realized price valuation and investor behavior indicate the market is not yet overheated, leaving room for further growth.
Steve Baker, a former UK Minister of State at the Northern Ireland Office, has received approval to join Bitcoin-focused venture capital firm Axiom as a paid adviser. The post Former UK Minister to Take Up Advisory Role at Bitcoin VC Firm Axiom appeared first on Cryptonews.
Sandwiched between the Halloween and the Christmas festivities, the Thanksgiving holiday is another special day for Americans that draws families and communities together. Thanksgiving is celebrated on the fourth Thursday of November.
In an interview with Mario Nawfal, Jan van Eck, CEO of $118 billion global asset manager VanEck, offered an analysis of Bitcoin's potential trajectory, the US fiscal deficit, and the broader financial markets. Contrary to some hyper-bullish forecasts, van Eck provided a more conservative price target for Bitcoin for this bull run.
The Metaplanet stock surged 6.5% on Thursday's trading session after the company announced a fundraise of $62 million by issuing the Moving Strike Stock Acquisition Rights, in order to purchase additional Bitcoins. With a 102% surge over the past month, the stock has given three times the returns of Bitcoin's 36% gains.
Ethereum posted a 10.66% gain in 24 hours, reaching $3,647 with $47.87 billion in trading volume, while triggering $56.5 million in liquidations primarily affecting short positions.
This week remains one of the most volatile for digital currencies, with Ethereum (ETH) prominently featured. Over the past 24 hours, the digital currency soared as high as $3,687, marking a five-month high.
Ethereum (ETH) has rallied past the $3,600 resistance for the first time in about five months, but technical indicators suggest a cautious approach for the second-ranked digital asset by market cap.
Marathon Digital (MARA) has added 703 BTC to its holdings, bringing its total to 6,474 BTC, following a $1 billion convertible note offering.
A UK pension fund's unprecedented £1.5 million Bitcoin investment has sparked industry debate, with critics calling it irresponsible while others view it as a careful step into digital assets, amid rising cryptocurrency adoption among UK investors.
A top crypto trader is extremely bullish on one Ethereum (ETH) rival. The pseudonymous analyst known as Bluntz tells his 300,000 followers on the social media platform X that “there's a god candle loading” for the layer-1 blockchain project Near Protocol (NEAR).
As bitcoin hovers around 95,000 dollars, the crypto community is questioning the possibility of a significant correction. Amid mixed technical signals and the history of Thanksgiving periods, the short-term future of the queen of cryptos remains uncertain.
The price of Bitcoin (BTC) has fallen well above the $90,000 support or the 21-day SMA. The largest cryptocurrency is on its way to pull back above the 21-day SMA.
Valour, a subsidiary of DeFi Technologies, launched the Valour Dogecoin (DOGE) ETP on Sweden's Spotlight Stock Market. The ETP allows retail and institutional investors to gain exposure to the world's largest memecoin, Dogecoin (DOGE).
Users will be able to stake their dogecoin to receive their earnings.
Layer 2s could be “cannibalistic” for Ether's price potential, despite their scalability benefits, according to industry watchers.
Tornado Cash, a cryptocurrency mixing service that was sanctioned by the U.S. Treasury Department in August 2022, has recently seen a reversal in its legal fate.
Marathon Digital Holdings (MARA), one of the largest publicly traded Bitcoin mining firms, has made significant strides in its cryptocurrency acquisition strategy. In a statement on November 27, the company revealed it had purchased 6,474 Bitcoin (BTC) during the month.
The overall supply of Bitcoin on centralized exchanges has continued to shrink in the recent past fueled by rising demand from institutional investors.
Bitcoin price has bounced back once resuming rally to $100K again amid strong investor sentiment this Thanksgiving. The BTC demand growth shows a healthy uptick suggesting that bulls are active after the recent pullback.
Solana (SOL) price has shown remarkable growth in the cryptocurrency market, emerging as a top-performing Layer 1 blockchain. Since early 2024, SOL has gained significant momentum, consistently breaking key resistance levels amid a broader crypto rally.
Marathon Digital acquired 6,474 Bitcoin in November 2023 through a $1 billion zero-interest note sale, maintaining $160 million in cash for future purchases while strengthening its position as the second-largest corporate Bitcoin holder with 34,794 BTC.
Trading opportunities in crypto come and go in seconds, often at unpredictable hours. This presents a major issue for traders who find it impossible to stay glued to their screens 24/7, as missing a trade's entry or exit can mean losing profit potential or bearing unexpected losses.
Ethereum's recent 15% weekly surge and record-breaking $22 billion futures open interest have fueled market excitement, raising hopes for a broader altcoin rally.
Paul Atkins is expected to push for policies that favor digital assets, a shift that could drastically change the current regulatory landscape for cryptocurrencies.
Ethereum Name Service (ENS) and Ethena (ENA) turned up as the biggest gainers in the crypto market over the last 24 hours while Bitcoin (BTC) took another chance to hit $100k. Major altcoins like Ethereum (ETH) and XRP also rallied over 4% as the market sentiments remained “Extreme Greed”.
Japan's MicroStrategy Metaplanet is set to buy more Bitcoin with a $62 million fund it plans to raise from SARs
Increases in Bitcoin prices and recent crypto mining regulations have sparked an 8% rise in Russian internet traffic to major exchanges, data reveals.
Uniswap achieved a record $38 billion in monthly trading volume across Ethereum Layer 2 networks in November, with Arbitrum leading at $19.5 billion, while the protocol's UNI token rose 42% and generated $90 million in fees.
Dogecoin trades near $0.41 with increased institutional interest and strong technical indicators, supported by the launch of Nordic's first Dogecoin ETP and robust trading metrics showing growing market participation.
Last day, the Bitcoin market witnessed a surge of over 4.16%. Right now, the price of Bitcoin is just 4.9% below the milestone of $100,000. If the price crosses the milestone today, it would be a significant moment, not only for the crypto community, but also for proponents of the Simulation Theory.
Former Minister John Baker takes an advisory role at Bitcoin-focused Axiom, with conditions to ensure fair governance.