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Ilya Lichtenstein sentenced to 5 years for laundering $8 billion in stolen bitcoin. The stolen bitcoin is now worth over $8 billion, up from $71.8 million in 2016.
The crypto market experienced a significant decline as Bitcoin price decreased by 5%, dropping to approximately $87,000 from a high of $93,000. Altcoins have suffered even more, with certain ones experiencing a decrease of 10-20%.
The co-founder of MicroStrategy stated what he believes are the lows and highs by the end of the year.
MicroStrategy CEO Michael Saylor is expecting Bitcoin to hit $100,000 before the end of the year, stating that the 2024 U.S election outcome was ‘the biggest thing that's happened in the past four years for Bitcoin.
The Bitcoin Rainbow Chart pointed out that the king coin's price was in the “HODL” position.
On-chain data shows Bitcoin has continued to flow out of the cryptocurrency exchange Binance even after its latest high above $93,000. Bitcoin Binance Netflow Has Been Seeing Negative Spikes Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for Binance has registered negative values recently.
How far can this Bitcoin run go?
Explore the likelihood of each of these scenarios for the ultimate Bitcoin price prediction: race toward $100K, dip to $80k or consolidate at $90k.
Matt Gaetz, a Florida Representatives and American lawyer, has been nominated as Attorney General by President-elect Donald Trump. Gaetz was assigned due to his educational and career experience in law.
From a fairly comfortable expectation of another Fed rate cut in December, the market has reacted negatively to Fed Chairman Jerome Powell's remarks on Thursday, hinting that a December rate cut may not be forthcoming. Stocks fell on the news, and Bitcoin ($BTC) suffered a deeper retracement before staging a recovery early on Friday.
On November 14, Matthew Sigel, the head of digital asset research at global asset manager VanEck, joined CNBC's “Squawk Box” to share his thoughts on the ongoing rally in the crypto market. During the interview, Sigel expressed confidence that Bitcoin's recent surge is far from over.
Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.
Goldman Sachs has reported a big increase in its Bitcoin ETF holdings, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). As of September 30, the bank held $710 million in Bitcoin ETFs. This includes a 156% increase in $BITB shares and a 116% rise in $GBTC shares since August.
Bitcoin nears $90,000 as Trump's pro-Bitcoin AG nominee boosts investor optimism. Will BTC hit new highs amid regulatory shifts? Read our analysis. The post Bitcoin Price Analysis: BTC Nears $90,000 Amid Trump's Pro-Bitcoin AG Nominee appeared first on Cryptonews.
Bitcoin has continued its bullish momentum streak, reaching a new all-time high on November 13 and triggering a wave of activity across the crypto market. In particular, the futures market has been significantly impacted, with a surge in trading volume for the BTC/USDT pair.
14 November's intraday high was around $93,500 amid ongoing high volume.
Goldman Sachs is doubling down on Bitcoin, reveals the latest fillings. The investment bank just expanded its holdings in BlackRock's iShares Bitcoin Trust (IBIT) to a staggering $461 million.
An analyst is leaning bullish on Bitcoin (BTC) amid the flagship crypto asset's rally to a new all-time high of around $93,500. The analyst pseudonymously known as Rekt Capital tells his 95,400 YouTube subscribers that Bitcoin has finally broken into the “parabolic phase of the cycle.
Bitcoin has been on a tear, recently surpassing $88,000, but for Matt Hougan, the Chief Investment Officer (CIO) at Bitwise Asset Management, this is just the beginning. Despite the impressive rally, Hougan told investors that they are still early in the game and Bitcoin has much further to go—potentially up to $500,000 per coin before reaching maturity.
The Bitcoin market, ablaze with speculative fervor following Donald Trump's election victory, is experiencing a period of relative calm as investors await concrete policy developments. The cryptocurrency's meteoric rise, fueled by Trump's pro-crypto stance, appears to be moderating, prompting traders to reassess their positions.
Bitcoin soared to a jaw-dropping $93,435, smashing its all-time high, before taking a breather with a short-term dip below $88,000. Now consolidating above $87,000, it's eyeing key resistance at $90,000.
Bitcoin's price has now corrected approximately 6% since the all-time high break on Nov. 13.
The Options market lets traders speculate with limited risk, but Bitcoin's price volatility is still in the picture.
Goldman Sachs has substantially increased its Bitcoin ETF holdings to over $650 million across multiple funds, with its largest position being $461 million in BlackRock's IBIT.
