Bitcoin (BTC) is having a rough time, slipping below the $91,000 mark and hitting an intraday low of $90,742. The global crypto market has taken a 3.24% dip, bringing its total value down to $3.16 trillion as of Tuesday afternoon.
XRPs push to $2 by November is at a critical juncture, with analysts pointing to Bitcoins support as the deciding factor. If the rally sustains, XRP may not only hit $2 but also pave the way for double-digit gains.
The sell-off represents a reversal of whales buying hundreds of thousands of bitcoins in October, according to the same data set.
In an interview with CNBC on Monday, Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ: MARA), shared his bullish outlook on Bitcoin. He emphasized the growing institutional interest and a favorable regulatory environment that could propel the BTC price to new highs.
The Pantera Bitcoin Fund has seen a 131,165% lifetime return since launching in 2013 amid the post-election market rally.
Ethereum's next move is uncertain amid whale sell-offs and mixed market signals.
The asset has significantly backpedaled in a correction that appeared to intensify on Monday, November 25.
Bitcoin miners are making waves by turning towards AI. But not every strategy is going to be successful.
For years, Bitcoin has been receiving complaints about its intensive energy requirements and use of complex computer equipment. As such, the BTC mining industry is continuously looking for ways to address the cryptocurrency's high energy use without sacrificing its generation.
New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience.
The investment manager thinks the small Central American country will lead the region in terms of crypto and tech innovation.
The path forward for these three top tokens is becoming increasingly difficult to predict.
Bitcoin looked poised to claim the $100,000 milestone but reversed course just shy of the six-figure mark. Analysts are hopeful the rally will soon resume.
The asset manager is extending its fee waiver until January 2026 for up to $2.5 billion in assets under management.
Economist Alex Krüger thinks Bitcoin (BTC), memecoins and other altcoins are primed to surge for the next few months. Krüger outlines his prediction for the crypto market to his 190,500 followers on the social media platform X. “Stage 1. Bitcoin runs. Stage 2. Memecoins join. Stage 3. Altcoins join.
The absence of Bitcoin ETF demand during the weekend may have created a set-up for short liquidations.
After the 2024 US election, Bitwise and other asset managers seem to have been testing the regulatory waters for previously unapproved spot cryptocurrency ETFs.
Despite a price correction across the cryptocurrency landscape, Fantom (FTM) is making waves as it leads the market with an impressive price surge of over 10%. With this notable increase in the past 24 hours, FTM is currently trading near $1.05.
Bitcoin (BTC) holder cohorts sold in the past month, including outflows from miners. All coins found counterparties, while BTC set new price records.
Brazilian lawmaker Eros Biondini introduced legislation proposing the creation of a Bitcoin (BTC) Sovereign Strategic Reserve (RESBit) with an allocation of up to $18.6 billion — equivalent to 5% of Brazil's international reserves as of September.
Brazil's Chamber of Deputies has formally introduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to diversify national financial assets and strengthen economic resilience.
The cryptocurrency market is set to face a major event, with $9.4 billion worth of Bitcoin options and $1.3 billion worth of Ethereum options set to expire. This event could trigger significant volatility in the market, especially after the U.S. Thanksgiving holiday, leaving traders and investors on edge.
The digital platform is the latest to join the Bitcoin wave, following the MicroStrategy chief's endorsement.
Fantom (FTM) price has risen in the last 24 hours, outperforming a declining market. Its ADX has surged to 47, signaling strong trend momentum, and historical data suggests it could rise even further.
Bitcoin suffered a steep decline four years ago around Thanksgiving after being turned away at the $20,000 level. The action this year after failing at $100,000 is similar, though less severe so far.
Rumble, the conservative-leaning video platform, announced on Monday night that it will channel up to $20 million of its extra cash into Bitcoin. As soon as the news broke, Rumble's stock shot up almost 4% in after-hours trading.
Pantera Capital Management, which launched its Bitcoin Fund in July 2013, has seen a 1,000-fold increase with returns of over 132,118%. The hedge fund started buying bitcoin back when one token cost $74.
Bitcoin emerged in 2009, it was hailed as a revolutionary alternative to traditional financial systems, aiming to enable seamless transactions without intermediaries like banks. Its core thesis as a medium of exchange—a decentralized currency designed for direct, peer-to-peer transfers—was central to its creation.
Brazil's proposed Bitcoin strategic reserve may hold up to 5% of the country's international reserves. The post Bitcoin strategic reserve bill introduced in Brazil's Congress appeared first on Crypto Briefing.
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, Transform Venture CEO Michael Terpin discusses the different stages of bitcoin market cycles, and whether he believes the post-U.S. election rally is sustainable.
CNBC crypto reporter Tanaya Macheel joins Halftime Report to break down bitcoin's retreat from $100,000 and how long-term bitcoin holders have been selling in November as institutions bought ETFs.
American stock exchange outfit NYSE Arca has submitted a 19b-4 filing on behalf of Bitwise Asset Management to list combined Bitcoin and Ethereum ETP products. As an asset manager with $11 billion in managed funds, this filing will deepen the exchange's foothold in the crypto market.
Cryptocurrency markets are trading lower on Tuesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $91,912.69 -2.9% Ethereum (CRYPTO: ETH) $3,277.87 -4.8% Solana (CRYPTO: SOL) $226.08 -5.1% Dogecoin (CRYPTO: DOGE) $0.3746 -6.8% Shiba Inu (CRYPTO: SHIB) $0.00002385 -6.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 77.4% and daily active addresses up by 16.4%.
These are all the reasons why the bitcoin price drop means breaking through $100,000 is nearer than you think The post Why The Bitcoin Price Falling 8% In 4 Days Means We Could Break $100,000 Sooner Than You Think appeared first on Cryptonews.
Breaking out of an eight-month downward trend, Ethereum (ETH) is back in the news. This marks a major turning point for the second-largest cryptocurrency by market capitalization.
Brazils Congressman Eros Biondini proposes a $3 billion Bitcoin Reserve, marking a pivotal step toward integrating crypto into national reserves. This bold strategy aims to hedge against geopolitical and economic risks.
Investors in the world's largest cryptocurrency are anticipating a significant downward move after bitcoin failed to hit an all-time peak of $100,000, according to a crypto trading platform citing recent options activity.
Bitcoin (BTC-USD) slides are falling from its post-election highs. Riot Platforms (RIOT) CEO Jason Les joins Catalysts Hosts Seana Smith and Madison Mills to discuss the move.
Brazilian legislators in the Chamber of Deputies proposed allocating 5% of the nation's $370 billion treasury to Bitcoin strategic reserve.
Maya Parbhoe, a presidential candidate in Suriname, has unveiled a daring vision to transform her country into the next Bitcoin-powered nation. Drawing inspiration from the success of El Salvador's Bitcoin adoption under President Nayib Bukele, Parbhoe plans to take Suriname even further by building a national economic system deeply embedded in cryptocurrency.
MicroStrategy, with a market cap of around $85 billion, currently holds 331,200 bitcoin worth about $30 billion.
Ethereum is now accepting applications for the Next Billion Fellowship Cohort 5, a program designed to leverage blockchain technology for solving real-world challenges.
Digital assets-focused investment firm Pantera Capital is celebrating a massive four-figure return on its Bitcoin (BTC) fund, which dates back to 2013. In its latest Blockchain Letter, Pantera Capital CEO Dan Morehead says that the Pantera Bitcoin Fund “recently achieved an insane milestone – 1,000x.
In a step toward integrating crypto into the country's financial framework, Brazilian federal deputy Eros Biondini introduced a bill to create a national Bitcoin reserve.
Bitcoin‘s recent upward momentum appears to be losing steam as the digital asset has shifted toward bearish territory, sparking speculations about upcoming price corrections. However, considering several factors and trends, these much-anticipated price pullbacks for BTC might be short-lived.
Just a week after Bitcoin (BTC) came within touching distance of the historic $100,000 milestone for the first time, the world's largest crypto plummeted Tuesday in a crypto-wide correction.
Stellar Lumens (XLM) has been making waves in the cryptocurrency world recently, showing impressive performance against Bitcoin (BTC) throughout November. The price of XLM has climbed steadily, pushing its value to levels not seen in months.
Fantom coin price has been on an ascent, gaining 45 percent in a week that has seen BTC gain a measly 3 percent. What's behind the surge?