Bitcoin Is Doing Something It Has Never Done Before, and It May Lead to Big Gains

According to the latest D.O.G.E report, the U.S. government's financial crisis deepened in FY2023, with a staggering $6.16 trillion in spending against only $4.47 trillion in revenue, leading to an ever-widening deficit.

Gold has long been considered the ultimate safe-haven asset for investors looking to protect their wealth during times of uncertainty. But recently, a new contender has been rising rapidly—Bitcoin.

A widely followed analyst is leaning bullish on Bitcoin (BTC) amid the flagship's rally of close to 50% over the past 30 days. The analyst pseudonymously known as Pentoshi tells his 821,000 followers on the social media platform X that Bitcoin could go up by around 82% from the current level.

Solana (SOL) has recorded a new all-time high (ATH) of $262, marking a historic recovery after three years of tumultuous price action. Notably, the token had once fallen as low as $8 at the peak of the FTX exchange collapse and the ensuing crypto bear market.

Bitcoin's $100K milestone nears amidst a supply squeeze.

Bitcoin flirts with $100K after SEC Chair Gary Gensler announces resignation. Anthony Pompliano calls the timing "poetic" for crypto's biggest milestone. The post Could Bitcoin Reach $100k This Weekend? Anthony Pompliano Says It Would Be ‘Poetic' appeared first on Cryptonews.

In a recent X post, Rich Dad Poor Dad Author and Bitcoin supporter Robert Kiyosaki criticized the US Federal Reserve. Kiyosaki also lauded MicroStrategy founder Michael Saylor's Bitcoin strategy, citing the potential of BTC to avoid financial difficulties.

Altcoins posted significant gains this week buoyed by Bitcoin's rally.

Ether challenges the laws of the crypto market. While massive selling pressures exert considerable weight on its price, the second-largest cryptocurrency by market capitalization appears unperturbed.

The Bitcoin market has seen a surge of nearly 8.0% in the last seven days. Right now, the market is slowly inching towards the milestone of $100K. Many Bitcoin enthusiasts believe that the market could cross the 100K range within a few days. Meanwhile, prediction markets like Kalshi share an even higher expectation.

The global cryptocurrency market has increased, reflecting a 1.37% increase in the last 24 hours, bringing the total market cap to $3.34 trillion. Despite a dip in 24-hour trading volume, now at $222.84 billion (-9.15%), the Fear & Greed Index surged to 87, indicating extreme greed among investors. The cryptocurrency market has registered a 1.

Bitcoin Spot ETFs saw a surge in inflows, with $490 million recorded on November 22, marking a fifth consecutive day of positive momentum. The post BlackRock's IBIT Hits $513 Million in Daily Inflows, Bitcoin ETFs Net Value Reaches $107.488 Billion appeared first on Cryptonews.

Numerous larger-cap alts have charted mind-blowing increases over the past 24 hours.

The ongoing Bitcoin bull market has sparked renewed interest in on-chain metrics to fully understand the bullish trend behind the scenes. Earlier today, Avocado Onchain, a CryptoQuant analyst, shared his perspective on Bitcoin's market performance, focusing on the widely-used Market Value to Realized Value (MVRV) ratio.

The dominance of Ethereum in defi makes it the top choice for stability and institutional-grade projects but Solana's speed and affordability could see it outpace Ethereum in relative gains.

Bitcoin's price has surged to a new all-time high of $97,457, marking a historic leap as it moves closer to the coveted $100,000 milestone. This latest rally seems unstoppable, gaining another 6% in just one day, and it's driven by a combination of factors, including political developments, strong market inflows, and the continuation of a familiar four-year chart pattern.

Key Points:

The crypto world is buzzing, and Bitcoin's holding strong at $98,000 is turning heads. While some coins are shooting up, others seem to be cooling off. What's driving this? Let's take a closer look at what's happening in the market right now. Bitcoin Stays Firm at $98K Bitcoin is the king, and it's showing why.

DOGE is now just 37% away from a new all-time high.

The bulls, institutions, and market participants have become highly optimistic about the crypto markets, and as a result, the tokens have begun their journey to their highs. After the Bitcoin price rally, the altcoins were expected to take over some momentum.

MicroStrategy (MSTR), the business intelligence firm known for its bold Bitcoin strategy, has made waves in the stock market. Recently, the company has not only experienced a significant surge in stock prices but also overtaken major tech giants like Nvidia and Tesla in stock trading activity.

Ethereum (ETH) is gaining prominence as Bitcoin maintains its recent highs. Despite the fact that ETH is currently 36% below its all-time high of $4,878 from 2021, analysts anticipate that the second-largest cryptocurrency by market capitalization may be preparing for a significant shift.

XRP surges 18% amid speculation of SEC appeal withdrawal as Trump eyess the regulatory landscape with pro-crypto appointments.

XRP surges 18% amid speculation of SEC appeal withdrawal as Trump eyess the regulatory landscape with pro-crypto appointments.

The Solana ecosystem extends its recent explosion of activity with new highs for its TVL, Open Interest and SOL price action.

Robert Kiyosaki has never been one to sugarcoat his opinions, and his latest defense of Michael Saylor proves it. The Rich Dad Poor Dad author lashed out at critics of Saylor's Bitcoin strategy, calling one “Mr. Big Mouth with No Balls.” Yes, he went there.

An analysis by CryptoQuant indicates that long-position traders are in the driver's seat. The futures open interest in Ethereum finally surpassed $20 billion, a key milestone.

Allianz SE, Europe's second-largest insurance company and Germany's largest, has acquired nearly 25% of MicroStrategy's recent convertible note offering. The investment marks a substantial endorsement of Bitcoin by a major financial institution.

Cryptocurrency Prices Today, November 23: The broader market movement on Saturday sparked bullish momentum globally. Bitcoin remains steady at $98K, while major altcoins like ADA, XRP, and AVAX surged between 14% and 25%.

Bessent's nomination could accelerate US adoption of digital assets, potentially reshaping economic policy and global financial dynamics. The post Trump taps pro-Bitcoin Scott Bessent as Treasury secretary appeared first on Crypto Briefing.

Bitcoin miner MARA Holdings purchased 5,771 BTC for $572 million, increasing its holdings to 33,875 BTC, valued at $3.3 billion.

Van Eck says BTC can reach a price of $180,000 this cycle but warned that elevated funding rates could be showing early signs of "overheating."

Solana (SOL) is making waves in the cryptocurrency world with a recent breakout from a bullish technical pattern, ignite speculation that the altcoin could soon reach new all-time highs. A respected analyst, CryptoRus, has pointed to Solana's breakout from a massive Cup and Handle pattern, a key indicator in technical analysis that suggests a powerful upward trend is underway.

As the price of the flagship cryptocurrency Bitcoin ($BTC) hovers around the $99,000 mark the Coinbase Premium Index, which measures the price difference between BTC on Coinbase and other exchanges, has “disappeared.

BTC and XRP challenge securities classifications as a legal expert argues underlying assets are distinct from investment contracts, intensifying calls for regulatory clarity in crypto markets. BTC and XRP Lead Legal Shift in Crypto Investment Contract Standards A well-known advocate in the cryptocurrency community, John E.

With its strong upside movements to new all-time highs in the last few weeks, Bitcoin is once again dominating the general cryptocurrency landscape, triggering a huge frenzy among community members across most major social media platforms.

IntoTheBlock's data revealed a $4.5B exodus from exchanges in the last seven days. The data confirmed that whales were actively accumulating Bitcoin, as over 12% of the net outflow was attributed to large holders.

Celestia (TIA), one of the leading IBC blockchains, has recently experienced a sharp decline in market value despite seeing significant growth in its active user base. While the blockchain's user activity has increased, the overall market sentiment surrounding TIA remains largely negative.

Ethereum surged over 10% yesterday, marking an impressive recovery alongside a very bullish day for the entire crypto market. This surge has reignited investor optimism, especially as Ethereum approaches its yearly highs.

Ethereum (ETH), one of the world's most popular cryptocurrencies, has seen impressive growth since its inception. As we approach the end of 2024, many investors and analysts are closely watching Ethereum's price movements, wondering whether ETH will break new records.

With its spectacular breakout and potential rally toward the $2 mark, XRP has been causing a stir on the cryptocurrency market. Given that XRP has broken through significant resistance levels and shown resilience in continuing on its upward trajectory, the current price action indicates strong bullish momentum.

The race for Solana ETFs has heated up as major investment firms like Bitwise, VanEck, and Canary Capital vie for a piece of the action. This marks a pivotal moment for the cryptocurrency market, with Solana (SOL) emerging as one of the most promising blockchain platforms in recent years.

Ethereum (ETH), the world's second-largest cryptocurrency by market cap, appears bearish and is poised for a price decline. The reasons for this include how ETH is lagging behind top assets like Bitcoin (BTC) and Solana (SOL), its current price action formation, the latest sell-offs by whales, and more.

Bitcoin (BTC) has only a few hundred BTC in sell walls to conquer. At $100K, only 1,000 BTC are available, potentially creating a supply crunch.

x2B Co-Founders Michael Bressler and Benoit Bosc joins 'Closing Bell Overtime' to talk bitcoin's record rally, the x2B platform, managing risk in the crypto space and more.

The wallet's new feature promises to address a hassle that has been faced by every crypto user.

Recent whale activity and market fluctuations are casting doubt on the token's long-term trajectory.