Bitcoin price inches closer to $100,000 where market participants have built $300 million in sell walls. Will BTC clear the $100K hurdle?
Cboe Global Markets is set to launch the first cash-settled options tied to the price of spot Bitcoin (BTC), with trading set to begin on Dec. 2, according to a Nov. 22 press release.
Jack Mallers, CEO of payment platform Strike, has made a powerful case for the United States to embrace Bitcoin (CRYPTO: BTC) as a strategic reserve asset. What Happened: In an interview with CNBC on Thursday, Mallers compared the potential adoption of Bitcoin by the U.S. government to pivotal moments in economic history, including Nixon's departure from the gold standard in 1971.
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
As the end-of-year holidays approach, Ledger, the French leader in secure crypto wallets, makes a strong move with an exceptional Black Friday offer. The company is not only offering significant discounts on its range of wallets but also providing $70 in Bitcoin with the purchase of its latest model, the Ledger Flex.
Despite already holding the largest corporate Bitcoin reserve in the world, MicroStrategy's appetite for the leading cryptocurrency continues unabated.
Cardano (ADA) has been one of the crypto market's top performers in November. In just one month, ADA has rallied by more than 120%.
After experiencing a notable upside rally in recent days, Avalanche's (AVAX) price action confirms that the rally is likely to continue in the coming days. This bullish outlook has attracted significant attention from traders and investors, leading to a record surge in Open Interest.
The native token of the Solana network shattered a fresh all-time high above $260, boosted by recent crypto-wide bullish performance and SOL exchange-traded fund filings flooding in after Gary Gensler's departure.
Institutional investment in the cryptocurrency space is poised for a massive influx, with hundreds of billions of dollars expected to enter the market in the coming years, according to Devin Ryan, managing director at JMP Securities. What Happened: In an interview with CNBC, Ryan emphasized that the evolving regulatory landscape and the increasing acceptance of Bitcoin exchange-traded funds (ETFs) are key catalysts for this transformative growth.
Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political and market events that have increased investor trust in digital assets.
In less than a year since their launch, BTC ETFs have defied expectations and achieved new milestones.
Fox Business reporter Eleanor Terrett has revealed that the SEC is in quiet discussions with multiple issuers regarding the approval of a Solana ETF.
Since the beginning of November, the cryptocurrency market has seen a turn for the better. Nowhere is this more apparent than with Bitcoin (BTC), the leading digital asset.
Cboe Global Markets, Inc., announced plans to launch the first cash-settled options product linked to spot bitcoin, effective Dec. 2. The new offering seeks to enhance access to cryptocurrency derivatives for investors.
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Cboe Global Markets plans to launch the first cash-settled index options that will reflect the price of spot Bitcoin. The Cboe Bitcoin U.S.
TL;DR Crypto market faces volatility as over $3 billion worth of Bitcoin and Ethereum options expire. Bitcoin's put/call ratio reflects bearish sentiment, while Ethereum shows growing optimism. Contract expirations could lead to price fluctuations, affecting the short-term trajectories of BTC and ETH.
"What I tell everybody is every bitcoin you don't buy today is going to cost you $13 million in the future," Michael Saylor told CNBC on Friday.
As the upcoming Trump administration is gearing up to establish a regulatory landscape facilitating full-on anything-goes multicoinery, and with Gary Gensler gone, we could well see the most atrocious scam coins proliferate and soar— before they inevitably implode.
In a recent conversation with FOX Business, Senator Cynthia Lummis shared her views on buying Bitcoin to reduce US debt. Lummis remarked that Bitcoin serves as a long-term store of value. She expressed that it should be included in reserves as a strategic asset alongside gold and oil. The senator proposed that the U.S.
Andrew Hones, CEO and founder of New Market Capital, unveiled “Battery Finance” on CNBC on Friday—an asset management platform combining traditional assets like real estate with Bitcoin (CRYPTO: BTC). What Happened: In an appearance on Squawk Box, Hones announced a loan that blends a 63-unit multi-family property in Philadelphia with Bitcoin as collateral.
Ethereum is undergoing its most prolonged inflationary period, with over 350,000 ETH (worth around $1.1 billion) added to its supply since the March Dencun upgrade, according to Ultrasound.money data. Ethereum's current inflation rate is 0.35%.
Cboe to launch SEC-regulated cash-settled Bitcoin options on December 2, enabling flexible exposure to spot Bitcoin ETFs. The post Cboe set to launch first cash-settled options related to spot Bitcoin appeared first on Crypto Briefing.
The digital currency backed by gold aims to overcome the skepticism towards cryptocurrencies.
Jim Cramer is now singing a different tune about Bitcoin. The Mad Money host, famous for his sharp takes on markets and occasional whiplash-inducing U-turns, declared on live television, “All I can tell you is, own Bitcoin.
President-elect Donald Trump's transition team is reportedly set to implement the establishment of a national Strategic Bitcoin Reserve (SBR). At the center of this development is the formation of a crypto advisory council to revise US policy on digital assets, as Reuters reports.
The Bitcoin market continues to see a lot of strength, as we are attempting to break above the crucial $100,000 region. This is an area that will more likely than not cause a bit of a headache, but in the end, we should see it get broken above.
Solana price has recently reached an all-time of $263.70 on November 22, 2024, a long-awaited recovery, rising over 32 times, since it dropped to as low as $8 in 2022. This has filled the cryptocurrency market with excitement as it coincides with the impressive performance of Bitcoin price, approaching the coveted $100,000.
The market is again mainly green, according to CoinMarketCap.
It has been a bullish day for cryptocurrencies after the SEC announced that its chairman, Gary Gensler, will resign on January 20, 2025, the same day Donald Trump begins his second term as President. Bitcoin (BTC) now nears the crucial $100,000 mark, and altcoins have surged following the announcement.
Cardano (ADA) appears set to cross the $1 level as bullish sentiment remains high on the market. Notably, ADA has recorded an impressive surge in its open interest.
Ethereum (ETH) lost its three-year support against Bitcoin (BTC) as the most prominent cryptocurrency rallied towards its $100,000 target on Friday, November 22. ETH has faced sticky resistance at $3,500 for nearly four months while competitors hit record highs this cycle.
On Thursday, Bitcoin mining giant MARA Holdings (NASDAQ: MARA) announced that it had successfully closed a $1 billion convertible senior notes offering on November 20, 2024. The offering includes an additional $150 million in notes issued when initial purchasers exercised their full 13-day option on November 19.
XRP is on the verge of a technical pattern known as a "golden cross" in its Bitcoin (BTC) pairing. This pattern, often seen as a bullish signal, occurs when a short-term moving average crosses above a long-term moving average, indicating potential upward momentum.
Savvy commodities trader Peter L. Brandt has published an important X post to warn his followers against a scam wave that he expects to be coming soon.
While Ethereum still faces challenges in breaking past its peak, Solana has made a strong recovery from FTX's collapse.
As of now, two heavyweight block producers are in charge of 95% of all Ethereum (ETH) blocks. This opens a path for potential transaction censorship opportunities associated with advanced MEV strategies.
A surge in filings for spot Solana exchange-traded funds (ETFs) has occurred following the resignation of SEC Chair Gary Gensler, sparking optimism in the cryptocurrency industry. The post Solana ETF Filings Increase in the Wake of Gary Gensler's SEC Resignation appeared first on Cryptonews.
The latest long/short ratio chart shows a noticeable disparity: long positions make up only 41.61%, while short positions dominate.
Solana (CRYPTO: SOL) reached a new all-time high on Friday morning, trading at $264.31 on Coinbase Inc. (NASDAQ:COIN), according to TradingView. This comes two years after the collapse of the crypto exchange FTX, which had sent Solana prices plummeting.
The data shows that BTC's current trajectory aligns closely with the patterns observed in the last two cycles.
BTC price behavior is either hinting at a deeper pullback or an RSI-fueled surge beyond $100,000, Bitcoin market observers conclude.
Bitcoin at $97,700 with analysts predicting a $2M peak by 2027. Explore key resistance levels, long-term forecasts, and the macroeconomic drivers shaping its trajectory The post Analysts Outline A $2 Million Bitcoin ATH by 2027 – Here's How appeared first on Cryptonews.
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The cryptocurrency market is seeing unprecedented levels of excitement as Bitcoin (BTC) pushes toward a six-figure price tag, with traders eager to amplify their gains. At the center of this speculative frenzy is the leveraged ETF tied to MicroStrategy (MSTR), the world's largest public holder of Bitcoin.
The US ETFs bought just over $1 billion worth of bitcoin on Thursday while price reached a new all time high of $99,548.
The bears are slowly gaining strength with the beginning of the American trade as the markets are plunging from the highs. Solana's price has also marked a new ATH at $263, just above the previous one at $260, with a massive increase in bullish sentiments and volume.