The overall supply of Bitcoin on centralized exchanges has continued to shrink in the recent past fueled by rising demand from institutional investors.
Marathon Digital acquired 6,474 Bitcoin in November 2023 through a $1 billion zero-interest note sale, maintaining $160 million in cash for future purchases while strengthening its position as the second-largest corporate Bitcoin holder with 34,794 BTC.
Ethereum Name Service (ENS) price has skyrocketed by 41% in just 24 hours, now trading at $35.
Paul Atkins is expected to push for policies that favor digital assets, a shift that could drastically change the current regulatory landscape for cryptocurrencies.
Ethereum Name Service (ENS) and Ethena (ENA) turned up as the biggest gainers in the crypto market over the last 24 hours while Bitcoin (BTC) took another chance to hit $100k. Major altcoins like Ethereum (ETH) and XRP also rallied over 4% as the market sentiments remained “Extreme Greed”.
Japan's MicroStrategy Metaplanet is set to buy more Bitcoin with a $62 million fund it plans to raise from SARs
Increases in Bitcoin prices and recent crypto mining regulations have sparked an 8% rise in Russian internet traffic to major exchanges, data reveals.
Last day, the Bitcoin market witnessed a surge of over 4.16%. Right now, the price of Bitcoin is just 4.9% below the milestone of $100,000. If the price crosses the milestone today, it would be a significant moment, not only for the crypto community, but also for proponents of the Simulation Theory.
Former Minister John Baker takes an advisory role at Bitcoin-focused Axiom, with conditions to ensure fair governance.
Pantera Capital predicts Bitcoin could reach $740,000 by 2028, driven by regulatory shifts, institutional adoption, and its historical growth trends.
In the wake of President-elect Donald Trump's proposal for a strategic Bitcoin (BTC) reserve at the National Bitcoin Conference in Nashville earlier this year, there has been a noticeable uptick in BTC adoption by various countries and companies.
After teasing below $92k earlier this week, Bitcoin (BTC) price surged over 4 percent in the last 24 hours to briefly reach a range high of about $97,360, before retracing to $95,740 on Thursday, during the early Asian session.
After the correction following the highs, the bullrun could now resume.
An unnamed UK pension scheme has sparked controversy after investing 3% of its assets in Bitcoin, becoming the first in the country to do so, according to Sky News. The move has been criticised and called "deeply irresponsible" with the warning that it risks retirees' futures by speculating in volatile assets.
In the last 30 days, the Bitcoin market has recorded a growth of over 35.0%. On November 6, the market broke above its previous all-time high of $73,000+. And, right now, the Bitcoin price stays nearly 30.95% above its mid-March ATH. Recently, between November 23 and 26, the market saw a drop of 6.
Gareth Soloway, a trader with 25 years of experience, shared his market perspectives in a recent interview with Altcoin Daily Arnold. Reflecting on his journey during the dot-com bubble, Gareth emphasized that his success emerged from learning to read charts, which he likens to becoming “the casino instead of the gambler.
A crypto analyst known for making accurate Bitcoin calls believes BTC still has yet to enter the most explosive phase of the market cycle.
U.S. spot Bitcoin exchange-traded funds saw renewed inflows on Nov. 27 as investor sentiment toward the flagship cryptocurrency improved, driven by Bitcoin's rally toward the $100K milestone. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $103.
Bitcoin is currently trading slightly above $93,000, having fallen by over 1% in the past 24 hours. This marks a significant dip from its earlier highs, and the cryptocurrency is now struggling to regain its position above the $95,000 level.
Metaplanet plans to raise $62 million through its 12th stock acquisition rights (SARs) series. The post Metaplanet Plans to Raise $62M for Bitcoin Accumulation with Stock Acquisition Rights appeared first on Cryptonews.
Volatility is the very essence of cryptos. However, when it extends to giants like MicroStrategy, markets panic.
Bitcoin: when the small players cash in big and the veterans watch, the spectacle is always fascinating.
The latest Bitcoin price pullback toward $90,000 was likely a buy-the-dip opportunity and in line with previous bull markets, several key market metrics suggest.
Bitcoin (BTC) remains resilient, trading close to the $100,000 mark despite a recent correction that led to over $500 million in liquidations, predominantly from long positions. A recent report by Glassnode analyzes the cohorts driving the sell-side pressure during this ongoing bull run.
Story Highlights The Bitcoin price records a 3% bullish reversal and reclaims the $95,000 mark. Technical indicators experience increased price volatility, indicating uncertainty this week. Sustained bullish price action could push the BTC price to $98,000 today. The cryptocurrency market has added 3.91% to its valuation and is currently veiled at $3.
Joe Rogan has become one of the world's most successful podcasters in recent years, with influential figures like tech mogul Elon Musk, boxing legend Mike Tyson, renowned whistleblower Edward Snowden, and President-elect Donald Trump appearing on his “The Joe Rogan Experience” show. But aside from a plethora of topics he enjoys discussing, Rogan has also exhibited significant interest in Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, and even holds some in his portfolio.
Although the crypto markets appear to have entered the bull run phase, the bears tend to extract some profit at frequent intervals. A similar pullback occurred in the past couple of days, which offered the bulls a relaxation period and the recent rebound suggests the bulls are getting back in action.
Bitcoin (BTC) struggles to maintain its momentum, prominent financial analyst Peter Schiff has issued a stark warning about the future of the cryptocurrency. According to Schiff, Bitcoin could face further declines once MicroStrategy, the business intelligence firm led by Michael Saylor, completes its ambitious plan to buy up massive amounts of the digital asset.
Bitcoin's (BTC) bullish race to hit $100K post-US Presidential elections got the crypto industry excited but on the other hand, it has also flagged liquidation risk for some pro-BTC firms ahead. Microstrategy (MSTR), which has decided to go heavy on the biggest crypto is expected to face a similar danger.
Vancouver Mayor Ken Sim proposed adding Bitcoin to the city's balance sheet to position the city as a leader in crypto adoption.
Marathon Digital (MARA) continues to solidify its position as a major Bitcoin holder, adding 703 BTC in November. The post Marathon Adds Another 700 BTC to Holdings, Plans Further Purchases with $160M Reserve appeared first on Cryptonews.
Bitcoin surged by 5.4% yesterday, resuming its march towards the $100k mark. The sudden Bitcoin price resurgence is presumably credited to the heated debate behind the successors of top U.S. regulatory agencies.
Amid a significant uptrend in crypto prices, altcoins are beginning to outperform Bitcoin (BTC), marking a notable shift since the historic highs of 2021. This surge coincides with Bitcoin nearing an all-time high of $100,000, fueled by the presidential election victory of Donald Trump, who positions himself as a pro-crypto leader.
MARA Holdings has acquired an additional 703 bitcoin following the successful closing of its $1 billion offering of convertible notes.
Superstate CEO Robert Leshner has stated that Bitcoin hitting $100,000 on Nov. 28 would make him a believer in the simulation theory.
SOS Ltd., a commodity trading firm, saw its stock trade higher after the firm announced its Board of Directors approved a $50 million investment to purchase Bitcoin. The post SOS Ltd. Stock Soars After $50M Bitcoin Purchase Announcement appeared first on Cryptonews.
With Bitcoin becoming the talk of Wall Street as a hedge against economic uncertainty, its adoption is spreading rapidly. Companies and governments worldwide are embracing it as a strategic reserve asset. Now, Vancouver City is stepping into the spotlight, as Mayor Ken Sim has announced a proposal to add Bitcoin to the city's balance sheet.
Bitcoin traded near $96,000 on Wednesday, rebounding from this week's pullback that briefly disrupted its record-breaking run. The flagship cryptocurrency climbed 3% to $95,766.70, while the broader crypto market, tracked by the CoinDesk 20 index, rose 7%, signaling renewed investor optimism.
MicroStrategy, a business intelligence firm known for its significant Bitcoin holdings, has seen a dramatic 33.94% drop in its stock price, raising concerns about the long-term viability of its Bitcoin strategy. Despite holding over 386,700 Bitcoin worth nearly $36 billion the company's stock has suffered considerable losses, prompting debates over its reliance on cryptocurrency for growth.
The total crypto market cap edged 3.3 percent higher in the last 24 hours to hover about $3.5 trillion on Thursday, November 28, during the early Asian session. Bitcoin (BTC) price briefly touched $97.3k after a 4 percent rally in the past 24 hours, before retracing to about $95.6k at the time of this writing.
Pantera is now up more than 130,000% from its first Bitcoin purchase back in July 2013.
The cryptocurrency market today continues on an upward trajectory, reflecting strong bullish sentiment. Bitcoin (BTC) price surged past $96,000 in the past 24 hours.
MicroStrategy, a Virginia-based business software company, has become a dominant force in the cryptocurrency market under the leadership of its chairman and co-founder, Michael Saylor. The company recently announced a staggering $5.4 billion purchase of Bitcoin, pushing its total holdings to $38 billion.
Experts have criticized a UK pension scheme for investing in Bitcoin, calling it irresponsible and risky for retirees' futures. The post Critics Slam UK Pension Scheme for Adding Bitcoin to Portfolio appeared first on Cryptonews.
What caused the unprecedented $30 billion wipe out for MSTR?