Bitcoin investment products experienced a surge in net inflows, reaching $3.12 billion between Nov. 18 and 22, according to CoinShares.
MicroStrategy has made headlines with its largest Bitcoin purchase to date, acquiring 55,500 BTC between Nov. 18 and 24 for $5.4 billion.
Ethereum (ETH) surged to $3,500 on Monday, marking its highest price since July 21, before slipping slightly to $3,475.
Dogecoin (DOGE) is making headlines with an impressive rally, trading at $0.3975, up 1.17% in the past 24 hours. The cryptocurrency has surged over 150% in the past month, fueled by increased market optimism and Elon Musk's influence on social media.
Bitcoin has failed to continue its run past $100k, subsequently recording a three-day losing streak. The recent dip is the first major price correction the asset has seen since the November 5th elections, in which pro-crypto candidate Donald Trump was re-elected.
With the current price hike and the expected rise in bitcoin adoption by nation-states and private corporations, the world's attention is on the digital asset.
Almost the entire crypto market is deep in the red today.
Bitcoin is currently testing levels below the crucial $95k mark and is down by more than four percent in the last 24 hours. This comes after a recent announcement from Michael Saylor revealing that MicroStrategy purchased another $5.4 billion worth of Bitcoin.
BTC price retracement expectations hinge on bulls protecting new local lows as Bitcoin traders stick to high-leverage bets.
Dogecoin is making headlines again. After a spectacular rise, the famous memecoin seems poised to reach new heights, fueled by the enthusiasm of crypto investors and the undeniable influence of Elon Musk.
The Sui Foundation has announced a partnership with Babylon Labs, Lombard Protocol, and Cubist to integrate Bitcoin into the Sui ecosystem.
A crypto strategist who rode Bitcoin's 2023 breakout is warning that BTC is at risk of witnessing a significant correction if it fails to rally above $100,000. Pseudonymous analyst DonAlt tells his 63,000 YouTube subscribers that Bitcoin will likely bounce if it pulls back to $90,000.
Spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded a reversal in investor sentiment on Monday, with total outflows of $438.4 million. The post Spot Bitcoin ETFs in the U.S. See $438M Outflow After $3.4B Influx Streak appeared first on Cryptonews.
Last day, MicroStrategy surprised many by making a massive BTC purchase of 55,500 BTC tokens – the highest it has ever made. This month alone, the company has amassed over 134,480 BTC tokens. With the latest purchase, the total BTC holding of MicroStrategy has increased to nearly 386,700 BTC tokens, worth at least $36,496,204,620.
Dogecoin targets a 45% breakout as the Dogecoin Foundation unveils Dogebox, a global payment initiative. Musk-linked support fuels bullish momentum.
After reaching a new all-time high of $99,600 last Friday, the Bitcoin price has retraced to the $94,000 mark for the first time in nearly a week. This pullback comes amid growing speculation about a possible correction following a massive three-week uptrend that saw the leading crypto surge by 40% after Donald Trump's election on November 5.
The idea of bitcoin as a medium of exchange was at the center of its creation, eliminating the need for third parties for transacting. Discussions on social media now recall how Andreas Antonopoulos, a big bitcoin proponent, used it to promote bitcoin back in the day.
Rumble, a video-sharing and cloud services platform, is making a big move into crypto with a Bitcoin treasury strategy. The company plans to use its cash reserves to buy Bitcoin as a store of value and a hedge against inflation.
Think you're too late to Bitcoin? You've still got time, according to prominent businessman and best-selling author of Rich Dad Poor Dad Robert Kiyosaki, who forecasts sizable gains still to come.
Such corrections are to be expected, said analysts.
Following Microstrategy's plan of hoarding Bitcoin many companies from different sectors are following suit by investing heavily into Bitcoin as a safe investment option. Recently, Rumble, a popular video-sharing and cloud services platform, is making a bold move by investing up to $20 million in Bitcoin.
Jason Calacanis, one of the best-known angel investors, recently questioned Saylor's strategy.
Public video-sharing platform Rumble said Monday it plans to allocate up to $20 million in Bitcoin for its crypto treasury. Rumble, a video-sharing and cloud services provider, said in a blog announcement on Nov.
Bitcoin has been trading within a tight range, a pattern that could play a key role in its next price move.
Shiba Inu lead developer Shytoshi Kusama lauded TRON's Justin Sun on Tuesday over the blockchain's recent milestone achievement. The lead developer primarily highlighted TRX's product-market fit (PMF) in stablecoin use cases, underscoring the network's pioneering stance as a decentralized, fast, and affordable solution.
Spot Bitcoin exchange-traded funds in the United States began the week with significant outflows as Bitcoin's price fell below $93,000 amid a wave of long liquidations. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $438.
Ethereum has reclaimed its position as the leading blockchain for Tether (USDT), surpassing Tron with a supply of $60.3 billion. The post Ethereum Surpasses Tron as Top Blockchain for Tether with $60.3 Billion USDT Supply appeared first on Cryptonews.
Video sharing platform Rumble has becomes the latest company to invest in the leading cryptocurrency Bitcoin. The post Rumble Announces $20M Bitcoin Investment as Part of Treasury Strategy appeared first on Cryptonews.
Monday's net outflow ended a five-day streak of net inflows that brought $3.4 billion into the spot bitcoin ETFs.
Tron approaches key resistance near pattern—will bulls sustain momentum, or is a pullback on the horizon?
BTC traders purchase protective put options in response to Monday's 5% decline. The Coinbase premium indicator highlights a decline in demand for Bitcoin in the U.S. market.
Starting in December, Bitcoin holders will have the ability to stake their BTC through the Bitcoin layer-2 network Babylon.
Following its epic 45% rally into price discovery this month, Bitcoin has finally begun its correction, but how low will it go?
$3.4B in Bitcoin leveraged bets at risk as prices teeter above the $95K mark.
Sand, XLM, and Ether are leading social discussions among traders at the moment, according to data from analytics platform Santiment.
Swan Bitcoin sued former employees it alleged got help from Tether, and now accuses its own law firm of malpractice after it picked up the stablecoin issuer as a client.
After facing multiple rejections at $100,000, Bitcoin price has cracked another 4% hitting an intraday low of $92,785 levels. This is the largest single-day drop for BTC following Donald Trump's victory in US elections.
Dogecoin, the famous meme-based cryptocurrency, is making waves again with two big developments. On one hand, Elon Musk's posts about DOGE are sparking discussions about market influence, while the Dogecoin Foundation is rolling out initiatives to enhance mass adoption.
Jiva Technologies CEO Lorne Rapkin said the move to add Bitcoin to the treasury is “a unique opportunity to strengthen our treasury with a resilient and innovative investment.”
Bitcoin briefly dipped below $93,000 on Monday, posting the longest losing streak since the beginning of the current rally as long term holders cash out profits. The post Bitcoin Dips as Long Term Holders Lock in Profits After $100K Rally Stalls appeared first on Cryptonews.
Peter Schiff ignites outrage by claiming that the U.S. becoming a bitcoin superpower would weaken the nation, clashing with crypto advocates championing it as an economic game-changer.
XLM outperformed Bitcoin in November but indicator signals caution.
Dogecoin was one of the best-performing crypto assets following a recent upswing in the general market in the past few weeks. However, considering several indicators and current price action, a correction might be forthcoming for the largest meme coin.
Bitcoin (BTC) price action continues to come under focus as analysts consider its correlation with the global M2 money supply.