The crypto market has turned green after the Sunday correction.
Peter Brandt, a skilled commodities trading expert has issued comment on a tweet about the important historic price peak reached by Bitcoin back in 2017.
With $7 billion inflows into the cryptocurrency market in a single day, Bitcoin's quest to reach the $100,000 milestone has accelerated. This inflow suggests increased interest from both institutional and individual investors, which could pave the way for Bitcoin to break through the psychologically important price threshold.
Wall Street firm Cantor Fitzgerald has acquired a 5% stake in Tether for up to $600 million while launching a $2 billion Bitcoin lending program, marking a major fusion of traditional finance with cryptocurrency markets.
Dogecoin displays bullish technical patterns as analysts project a potential surge to $0.82, while maintaining current support at $0.42 amid strong market indicators and increased institutional interest.
Bitcoin retreated to $97,000 after reaching $99,800 as record profit-taking of $443 million and market manipulation through spoofing prevented the cryptocurrency from breaking the $100,000 barrier, while overall market structure remains robust with strong institutional participation and growing mainstream adoption signals.
South Korea's Financial Services Commission has decided against implementing national Bitcoin reserves for now, citing the need to observe international developments and ensure proper investor protection, despite cryptocurrency trading volumes exceeding stock market activity in the country.
According to South Korean news platform Newsprime, South Korea's Financial Services Commission (FSC) is grappling with increasing calls for a national Bitcoin reserve as global cryptocurrency adoption accelerates. Chairman Kim Byung-hwan recently addressed these requests, stating that while the idea of a Bitcoin reserve remains “distant,” it is not entirely ruled out.
Bitcoin's latest blistering rally has had the market on tenterhooks waiting for the world's largest cryptocurrency to surpass $100,000 for the first time. But the digital currency failed to clinch the lofty target by a whisker after topping out just below $99,600 at the end of last week.
Sui (SUI) dominates the upcoming cliff-based token unlocks this week with 64.19 million tokens valued at $213.77 million, representing 2.26% of its circulating supply. The protocol leads a fleet of unlocks scheduled between November 25 and December 2.
"Ripple provided the blueprint to defeat Gary Gensler's inexplicable war on crypto," Alderoty stated.
DOGE, XRP and XLM are the most traded cryptocurrencies on Upbit since Donald Trump's election victory. The latest activity points to a pivot toward metaverse tokens.
Tether mints $3 billion in USDT, boosting crypto market liquidity and potentially signaling bullish momentum.
Bitcoin is edging closer to the symbolic $100,000 mark, with market forecasts suggesting it could surpass that milestone in 2024.
Bitcoin exchange-traded funds (ETFs) saw significant inflows during the week of Nov. 18-22, as investors moved $2.42 billion into spot Bitcoin ETFs.
Dogecoin hit a three-year high of $0.48 on Nov. 23, 2024, fueled by growing speculation around Elon Musk's X platform.
Tether may take part in Cantor's multi-billion dollar bitcoin financing program. The latter already owns a 5% stake in Tether and custodies its U.S. Treasuries.
Bitcoin's price has fallen to $96,256, retreating from its recent high of $99,645 achieved on Nov. 22.
On Nov. 23, 2024, Wrapped Bitcoin (WBTC) experienced a sharp flash crash on the Binance exchange, with its price briefly dropping to $5,200.
Bitcoin Hits Another All-Time High on Trump's Election Win. Is There More to Come?
In a new analysis, prominent crypto analyst Miles Deutscher unveiled his thesis on a crypto he believes could rival Dogecoin in this market cycle. With a following of over 550,000 on X and 208,000 YouTube subscribers, Deutscher's insights carry significant weight in the crypto community.
BitMEX founder and crypto veteran Arthur Hayes is laying out bullish outlooks for Bitcoin (BTC), Dogecoin (DOGE) and the broader digital asset market cycle. In a new discussion on the Alpha Only podcast, Hayes says traditional finance (TradFi) firms could be what triggers froth and a subsequent collapse in crypto valuations.
Bitcoin's rally above the $95,000 mark triggered a strong phase of accumulation among retail investors. Bitcoin (BTC) recorded an exchange net outflow of $6 billion over the last seven days — $3.9 billion on Nov.
The South Korean FSC remains cautious of digital assets in the wake of domestic calls for a Bitcoin reserve after the U.S takes a bullish stance on crypto.
If you've been following Bitcoin's rise, South Korea's latest move might surprise you. While the US plans bold steps with Bitcoin, it is holding back. The Financial Services Commission (FSC) has ruled out creating a national Bitcoin reserve. Their reason? It's all about caution, investor safety, and keeping things stable.
Bitcoin made a shocking comeback after a sharp fall below $95,900 as investors prepared for Thanksgiving.
Robert Kiyosaki, the author of "Rich Dad Poor Dad," has shared yet another outlandish price prediction with his 2.6 million followers.
Celestia (TIA) has gained significant attention in the cryptocurrency market following a decisive move above the $7.34 resistance level. This upward shift, accompanied by a 16.28% price increase and trading volume surging 152% to $1.28 billion, marks a turning point for the token.
Bitcoin (BTC) experienced a sharp price decline, falling from last week's high of $98,500 to a low of $95,500 during late US trading hours on Sunday. The 3.5% drop marked a technical pullback driven by profit-taking as the token approached the significant $100,000 milestone.
With Bitcoin above $100,000, MicroStrategy aims for new records: the stock could reach $500.
Open interest for Bitcoin and Ethereum in futures markets each hit a new all-time-high in the past 24 hours of trading, following Bitcoin's flirtation with $100,000. On Nov.
The crypto market today has been steady with its numbers, registering a slight uptick of 0.47% since the past day, taking the market cap to $3.35 trillion. However, the intraday trading volumes have taken a hit of 1.91% to $198.43 billion.
Michael Saylor's MicroStrategy is at it again, with rumors swirling about a potential Bitcoin buying spree over the weekend. Analysts speculate the company might acquire up to 100,000 BTC, aligning with the QQQ index rebalancing on Black Friday. Crypto enthusiasts are anticipating a major announcement on Monday, which could send ripples through the market.
Wrapped Bitcoin (WBTC) experienced a flash crash on Binance that caused it to briefly plunge to $5,200 before rebounding to its normal levels.
Bitcoin is holding steady at around $98,000 after a volatile 24-hour period, and liquidations have exceeded $500 million across the cryptocurrency market.
Bitcoin has been the cornerstone of the cryptocurrency market, holding the lion's share of value and investor trust. However, the tides appear to be shifting as its market dominance weakens.
Celestia (TIA) appears ready for the much-awaited altcoin season with decisive moves. The altcoin witnessed some consolidations after its 30 October token unlock, which saw it releasing coins worth over $1 billion. Nonetheless, the 50% weekly jump propelled TIA's price beyond a descending channel and the $7.34 resistance zone.
Texas has implemented a new regulation requiring Bitcoin miners connected to the ERCOT grid to register and provide critical information about their operations. The post Bitcoin Miners in Texas Required to Register and Reveal Operational Details appeared first on Cryptonews.
Bears are set to capitalize on BTC's ATH volatility, triggering long squeezes and trapping it in a relentless loop.
As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.
Ethereum (ETH) price has continued its uptrend and bounced above the moving average lines. The bears have already pushed the altcoin to the $3,000 support level twice before it recovered.
Japan's Metaplanet has been gathering up Bitcoin for around six months and now wants to enter the crypto media space launching a local version of Bitcoin Magazine.
Bitcoin experienced a significant drop from $98,500 to $95,500 Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures.
BTC's order book shows executed bullish flow isn't being replenished, leaving sellers in a more dominant position, according to data tracked by FalconX. The overall market depth has weakened amid the price rally.
The Ripple vs. SEC case is getting more interesting, especially with the recent resignation of SEC chair Gary Gensler. Now, there are many possible outcomes, including a settlement or the case being dismissed.
Solana started a fresh increase above the $240 zone. SOL price is consolidating gains and might aim for an upside break above the $255 resistance.