Bitcoin hits record high as Trump appoints a well-known crypto advocate to a key role in his administration.
On-chain activity shows the involvement of large investors and institutions, indicating that the price surge could have staying power.
Market sentiments have turned extremely bullish, and Bitcoin is about to hit the $100K milestone anytime soon. While the other altcoins trade within a narrow range, the XRP price is preparing for a monstrous rally, as the technicals, fundamentals, and eternal factors have all flipped in favour of the token.
Reports indicate that China is considering changing its negative stance toward bitcoin and cryptocurrency, as the next U.S. administration adopts a more open policy toward the cryptocurrency industry. This shift would be a direct result of President Trump's support for crypto.
Bitcoin (BTC) has reached a new milestone, with U.S. Bitcoin exchange-traded funds (ETFs) surpassing $100 billion in assets.
XRP has surged over 25% in the past 24 hours, reaching its highest level since May 2021.
XRP continues to consolidate between $1.0061 and $1.19 following a slight dip from its peak of $1.26 on November 16, 2024, investors are wondering what the next move for the token might be. XRP, currently trading around $1.11, has experienced fluctuations in recent days, leaving many investors to question whether the digital asset is on the verge of a bullish breakout or a downturn.
Perhaps yesterday a mini-bubble burst on the stock price of MSTR in the bull market.
Bitcoin hitting $100,000 seems all but certain as sell wall after sell wall disappears and shorts risk getting "squeezed" by rampant BTC price momentum.
A widely followed trader and analyst is leaning bullish on Bitcoin (BTC) amid a double-digit rally over the past month. The trader pseudonymously known as Rekt Capital tells his 512,900 followers on the social media platform X that Bitcoin “has only just begun its parabolic phase in the cycle.
Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.
MicroStrategy, a data-focused company, just saw its stock drop by 16%, falling to $397.28. The shocking decline comes after Citron Research, a major investment firm, revealed it had placed a short bet against the company. Investors are now questioning if MicroStrategy's risky Bitcoin strategy could be its downfall. Bitcoin's Surge vs.
Bitcoin trades at $99,060.45, approaching the $100K mark as retail investors retain market dominance.
Texas lawmakers are reportedly exploring launching a strategic Bitcoin reserve, according to the Satoshi Action Fund (SAF), a nonprofit advocacy group. The post Texan Lawmakers Explore Strategic Bitcoin Reserve Legislation, Says Satoshi Action Fund appeared first on Cryptonews.
On Thursday, US bitcoin ETFs reported a total daily net inflow of $1 billion, bringing the cumulative total flow to $30.35 billion.
Another Friday is here, and another batch of Bitcoin options are set to expire as the asset makes a new all-time high.
The Russian government might face an influx of illegal bitcoin miners due to rising prices and the impending ban on bitcoin mining in key regions. Analysts state that if authorities fail to address this upcoming problem, it could lead to illegal mining becoming a popular activity.
MicroStrategy's actions underscore Bitcoin's potential as a treasury asset but also highlight risks tied to volatile markets.
Texas-based fitness maker Interactive Strength plans to allocate $5 million in Bitcoin as part of its treasury strategy.
Bitcoin (BTC) has surged to an astonishing new all-time high (ATH) of $95,000, marking a 4% rally over the past three days. This milestone underscores the cryptocurrency's continued dominance, fueled by strong institutional interest, ETF adoption, and macroeconomic tailwinds.
The cryptocurrency market has risen by 4.34% in the last 24 hours, reaching a valuation of $3.31 trillion. This surge coincided with a huge increase in trade volume, which surged by 30.98% to $248.9 billion. Investor excitement is apparent, as indicated by the Fear & Greed Index, which shows “Extreme Greed” with 88.
Bitcoin price nears $100K as Charles Schwab unveils crypto plans and MicroStrategy commits $3B to Bitcoin investments, signaling strong institutional confidence. The post Bitcoin Price Nears $100K: Charles Schwab's Crypto Plans & MicroStrategy's $3B Investment Boost Market appeared first on Cryptonews.
MicroStrategy's Michael Saylor said the firm has completed an offering of 0% convertible senior notes due in 2029, raising $3 billion. The post MicroStrategy Completes $3B Convertible Notes Offering to Buy More Bitcoin appeared first on Cryptonews.
Spot Bitcoin exchange-traded funds in the United States saw a significant surge in inflows on Nov. 21, as Bitcoin inches closer to breaking the $100K barrier.
Crypto markets will witness $3.42 billion in Bitcoin and Ethereum options contracts expire today. The massive expiration could cause a short-term price impact, particularly as markets wait expectantly for Bitcoin to tag $100,000.
The XRP product was launched on European exchanges, such as Deutsche Börse Xetra, SIX Swiss Exchange, and Euronext Paris and Amsterdam.
Altcoins have finally awoken with many of them hitting double-digit gains following the announcement of SEC Gary Gensler's departure from the agency.
Spot Bitcoin ETFs gained $1B in net inflows on Nov. 21, driven by the launch of options trading, edging Bitcoin closer to $100K. The post Bitcoin Spot ETFs See $1B Inflows as BTC Price Inches Near $100K appeared first on Cryptonews.
Strength in BTC is leading to a rotation in other major tokens ahead of the weekend, buoyed by renewed bullish hopes about a crypto-friendly Trump administration that takes office in January.
Ethereum (ETH) has seen a less impressive performance compared to Bitcoin (BTC) in recent months, despite Bitcoin reaching new all-time highs. At the time of writing, Ethereum's price stands at $3,111, significantly below its all-time high of $4,878 in 2021.
XRP is above $1.4 for the first time since May 2021.
These ETFs promise to give investors Bitcoin exposure while cushioning them from its infamous volatility.
Bitcoin enters a new era thanks to Layer 2 (L2) solutions. These solutions, designed to enhance speed and reduce transaction costs, are experiencing rapid adoption.
Bitcoin's latest rally to an all-time high ignited record trading volumes across the "Bitcoin Industrial Complex."
Bitcoin has shattered expectations once again, surging past the critical $93,257 level in a display of unstoppable momentum. This breakout has ignited fresh waves of bullish optimism across the crypto market, as traders and investors anticipate greater gains.
Gensler's departure may lead to a more favorable regulatory environment for crypto, potentially reducing litigation and boosting market confidence. The post XRP jumps 25% as SEC may not pursue appeal after Gensler's departure appeared first on Crypto Briefing.
XRP price shot up 25% in hours as the US SEC Chair Gary Gensler announced his resignation. Ripple's native token XRP hit a high of $1.43, the levels last seen during the 2021 bull run.
A look at the day ahead in European and global markets from Ankur Banerjee
Ripple's XRP is enjoying a bullish phase, currently trading between $1.06 and $1.15, reflecting a rise of over 3% in the past 24 hours. Speculation around potential leadership changes at the U.S. Securities and Exchange Commission (SEC) is adding fuel to this momentum.
Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic Bitcoin legislation at some point in the future.
Bitcoin continues to dominate the crypto market, just 10% away from the highly anticipated $100,000 mark. It is drawing investor and institutional attention as it edges closer to this historic milestone.
Bitcoin (BTCUSD) hit a fresh all-time high of $98,370 on positive sentiment and is currently trading around $98,010. Marathon Digital Expands Bitcoin Acquisition Strategy Marathon Digital Holdings, a prominent U.S. Bitcoin mining company, announced on November 20, 2024, that it is ramping up its Bitcoin acquisition strategy by increasing its debt offering to $1 billion.
Bitcoin is surging as Trumps team explores creating a White House crypto policy role, adding to momentum from strong ETF inflows. Analysts predict BTC could reach $135K by year-end, while Ethereum struggles against Bitcoins dominance.
Bitcoin shattered records by surpassing $98,370 on Thursday, propelling its mysterious creator Satoshi Nakamoto into the ranks of the worlds wealthiest. With holdings of approximately 1.1 million BTC now valued at over $107 billion, Nakamoto claims the 18th spot among global billionaires.
As Bitcoin (BTC) price rallied above $99k in the last 24 hours, the altcoin market, led by Ripple Labs-backed XRP, registered significant volatility. For the first time since early 2021, XRP price pumped above $1.4, following a 27 percent upsurge in the last 24 hours.
Bitcoin ETFs achieved a record-breaking $104 billion in net assets, boosted by Donald Trumps presidential win and growing investor appetite for cryptocurrencies. With Bitcoin ETFs rapidly closing the gap with gold ETFs, they mark a turning point in asset investment trends.
After the split, the ETFs saw mixed performance in the market.