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 $97,000. CoinMarketCap data has also indicated a move to the green region among many of the top 100 cryptocurrencies in the past 24 hours.
Russia is moving swiftly to implement new cryptocurrency taxes as Bitcoin reaches unprecedented levels against the ruble.
Bitcoin ($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.
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.
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.
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.
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.
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.
Users will be able to stake their dogecoin to receive their earnings.
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.
Bitcoin (BTC) recovered from a low of $91,400 late on Wednesday to climb back above $95,000. However, the cryptocurrency faces considerable downward pressure after failing to climb above $100,000.
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.
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.