Bitcoin reaches $96,859, edging closer to the $100K milestone. Dormant Whale transfers 16.2 BTC; another wallet moves 1,900 BTC worth $180M.
Bitcoin could attract $2 trillion in investments during 2025 as the global money supply grows to $127 trillion.
Could Vancouver's Bitcoin proposal change the way cities manage their finances?
Chinese gaming giant Boyaa Interactive, listed on the Hong Kong Stock Exchange, has shifted a significant portion of its crypto holdings from Ethereum to Bitcoin. According to a Nov. 29 filing, the company said it converted 14,200 ETH into approximately 515 BTC in an open-market transaction valued at $49.48 million.
Russian President Vladimir Putin has taken a bold step in embracing the digital economy by signing a law that officially recognizes digital assets such as Bitcoin as a form of property for foreign trade settlements.
Although Bitcoin has shown a consistent performance with a 40% growth since the event, Dogecoin has outperformed its larger relative by producing an amazing 4x increase over the last three months and over 3x in the past month alone.
Boyaa Interactive swapped 14,200 ETH for 515 BTC, boosting its Bitcoin holdings and earning a $10 million profit.
Bitcoin has risen by 2% in the past 24 hours, returning to $96,808 as analysts predict that it could pass $200,000 in the second half of 2025. The post Analyst Reveals Bitcoin Fibonacci Channel Resistance Levels and BTC Price Target Over $100k appeared first on Cryptonews.
The cryptocurrency market has shown signs of recovery, and XRP is one of the altcoins poised to capitalize on the ongoing rebound. After a brief dip to $1.28 earlier in the week, XRP has regained its momentum, trading above the psychological levels of $1.3 and $1.4.
BTC's resilience amid rising inflation bolsters its status as a "safe-haven" asset, laying the psychological groundwork for the $100K milestone.
On Thanksgiving evening, the prominent investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad' Robert Kiyosaki, shared his thoughts about why the debate between those favoring Bitcoin (BTC) and those favoring gold is little more than a smokescreen.
The Canton of Bern passed legislation to study Bitcoin mining's potential role in managing surplus electricity and stabilizing the power grid, despite Executive Council concerns about energy competition and regulatory challenges.
Cardano founder Charles Hoskinson forecasts Bitcoin will lead the DeFi market within the next 2-3 years, citing its scale and liquidity.
Japanese investment firm, Metaplanet has announced a plan to raise 9.5 billion Japanese yen, worth $62 million, through a stock acquisition scheme. This move marks another step in boosting its Bitcoin portfolio.
With as much as $13 billion in options about to expire on Friday, the market is closely watching the movement of Bitcoin, which is expected to be highly volatile, both before and after the event. Could this options expiry push the price to $100,000, or will $BTC head in the complete opposite direction?
Two BlackRock funds have been aggressively buying shares of the iShares Bitcoin Trust ETF (IBIT) pouring a total of $78 million during the last quarter ending September 30. The world's largest asset manager is itself contributing to the growth of Bitcoin ETF IBIT which has clocked more than $31.6 billion in net inflows.
Bitcoin maintains strength above $95,000 while industry leaders project potential moves to $250,000-$500,000 in the next 24 months, supported by technical indicators and growing institutional interest.
The decentralized finance based on Bitcoin could soon eclipse the other crypto ecosystems.
Bitcoin spot ETFs closed the week with a $103 million daily inflow after facing significant outflows earlier.
Ethereum ETFs outperformed Bitcoin ETFs in net inflows, with Ether ETFs attracting $224.9 million in inflows compared to Bitcoin's $35.2 million between Nov. 22 and 27.
Bitcoin spot ETFs have officially hit a major milestone in November, recording $6.2 billion in net inflows the highest ever seen in a single month. This surge broke the previous record of $6 billion set earlier this year in February, signaling growing interest from institutional investors in regulated Bitcoin products.
XRP, the digital asset associated with Ripple Labs, has decoupled from Bitcoin (BTC), showcasing remarkable price growth. While BTC increased slightly by 0.40% in the last 24 hours, XRP is up over 10%, demonstrating its independence from the leading cryptocurrency.
Bitcoin is teasing $100,000 again. Early last week, the price hit $99,000, just a hair's breadth from the magical six figures.
Robert Kiyosaki, a renowned entrepreneur and investor who supports Bitcoin and also well-known for authoring the popular book “Rich Dad Poor Dad”, has issued a tweet talking about the growing significance of BTC under the current economic conditions in the US.
Bitcoin remained relatively unbudged on Thursday and throughout this morning after encountering a sharp whipsaw session earlier in the week. The world's largest cryptocurrency fell a full 6% between Monday and Tuesday before changing course with a 4.2% rally at the mid-week point.
Bitcoin mining company MARA has purchased 703 additional Bitcoin at $95,395 each, bringing its total holdings to 34,794 BTC valued at $3.3 billion, while maintaining $160 million in reserve for future purchases.
In the context of increased volatility in the crypto market, Bitcoin is undergoing a consolidation phase after nearly reaching 100,000 dollars. Meanwhile, the stablecoin sector is hitting historical highs, and the NFT market is experiencing a remarkable resurgence.
Recently, lawmakers in the country decided to study Bitcoin mining and see how it could help their energy system. They passed a law to research Bitcoin mining at the Canton level.
Why are countries like Brazil and Argentina turning to Bitcoin for economic power?
Wealthy investors' appetite for Bitcoin continues to grow as BTC price is once again eyeing the $100,000 milestone level going into December.
It's a big Friday in the crypto world as over $11 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire today! With the market bouncing back from a recent dump, all eyes are on today's massive expiry event.
Bitcoin futures open interest (OI) has risen significantly, jumping from $39 billion on Nov. 5 to $60.9 billion following Donald Trump's presidential election victory.
Bitcoin mining firm MARA – formerly known as Marathon Digital – has announced the acquisition of an additional 703 BTC. This purchase increases the company's total cryptocurrency holdings to 34,794 BTC.
Bitcoin bulls avoid further retests of round-number levels as support as Ethereum finally wakes up.
An analyst who nailed Bitcoin's pre-halving correction this year says BTC may have entered a market cycle phase where steep rallies are in sight.
Bitcoin spot ETFs (exchange-traded funds) witnessed a landmark month in November, with net inflows surging to an unprecedented $6.2 billion. This financial instrument, which offers institutional investors indirect access to Bitcoin (BTC), broke the previous record set earlier this year.
The cryptocurrency market showed mixed yet promising movement today, November 29, 2024, with Bitcoin (BTC) maintaining its position at $96K, signaling continued market confidence. Meanwhile, altcoins saw varied performances, with some recording significant gains and others showing slight declines.
XRP token soared more than 8% in the last 24 hours, outperforming major altcoins as the market saw a slight broader uptick. The post XRP Jumps 8% as Bitcoin Recovers to $96K Amid Broader Market Uptick appeared first on Cryptonews.
Over the past decade, the global money supply has surged by at least $50 trillion. The crypto market, especially Bitcoin, has benefited immensely from this rise, as BTC is generally considered as a hedge against inflation. Recently, the global money supply has seen a sharp drop.
OKG Research's forecast of $2.28 trillion in bitcoin inflows by 2025 underscores the asset's growing importance in the global financial ecosystem.
After briefly retreating to $90,000 earlier in the week, Bitcoin has rebounded strongly, climbing above the $95,000 price. Currently trading at $95,224, Bitcoin has recorded a 7% gain over the past two weeks, signaling renewed bullish momentum.
You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.
Vancouver is the latest city to join the discussions on adding Bitcoin to the government's financial reserves. At a city council meeting on November 26th, Mayor Ken Sim submitted his notice of motion, where he plans to introduce his proposed Bitcoin bill on December 11th.
ETF, accumulations, and miners: the pillars of Bitcoin growth.
Spot Bitcoin exchange-traded funds in the U.S. have experienced significantly lower inflows compared to their Ethereum counterparts during the last four trading days, from Nov. 22 to the day before Thanksgiving.
The cryptocurrency market today has been steady, with a 24-hour gain of 0.16%, taking the total market capitalization to $3.31 trillion. The intraday trading volume also shot up by the same margin, reaching $197.98 billion.
Bitcoin has made a strong comeback, jumping above $96,000 after a dramatic dip to $90K just days ago. This price change has gotten a lot of people talking as Bitcoin gets closer to reaching the $100K mark. Perhaps according to Financelot's latest analysis, Bitcoin could climb as high as $109K before possibly pulling back.