Strength in BTC is leading to a rotation in other major tokens ahead of the weekend, buoyed by renewed bullish hopes about a crypto-friendly Trump administration that takes office in January.
Ethereum (ETH) has seen a less impressive performance compared to Bitcoin (BTC) in recent months, despite Bitcoin reaching new all-time highs. At the time of writing, Ethereum's price stands at $3,111, significantly below its all-time high of $4,878 in 2021.
These ETFs promise to give investors Bitcoin exposure while cushioning them from its infamous volatility.
Bitcoin's latest rally to an all-time high ignited record trading volumes across the "Bitcoin Industrial Complex."
Bitcoin has shattered expectations once again, surging past the critical $93,257 level in a display of unstoppable momentum. This breakout has ignited fresh waves of bullish optimism across the crypto market, as traders and investors anticipate greater gains.
A look at the day ahead in European and global markets from Ankur Banerjee
Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic Bitcoin legislation at some point in the future.
Bitcoin continues to dominate the crypto market, just 10% away from the highly anticipated $100,000 mark. It is drawing investor and institutional attention as it edges closer to this historic milestone.
Bitcoin (BTCUSD) hit a fresh all-time high of $98,370 on positive sentiment and is currently trading around $98,010. Marathon Digital Expands Bitcoin Acquisition Strategy Marathon Digital Holdings, a prominent U.S. Bitcoin mining company, announced on November 20, 2024, that it is ramping up its Bitcoin acquisition strategy by increasing its debt offering to $1 billion.
Bitcoin is surging as Trumps team explores creating a White House crypto policy role, adding to momentum from strong ETF inflows. Analysts predict BTC could reach $135K by year-end, while Ethereum struggles against Bitcoins dominance.
Bitcoin shattered records by surpassing $98,370 on Thursday, propelling its mysterious creator Satoshi Nakamoto into the ranks of the worlds wealthiest. With holdings of approximately 1.1 million BTC now valued at over $107 billion, Nakamoto claims the 18th spot among global billionaires.
Bitcoin ETFs achieved a record-breaking $104 billion in net assets, boosted by Donald Trumps presidential win and growing investor appetite for cryptocurrencies. With Bitcoin ETFs rapidly closing the gap with gold ETFs, they mark a turning point in asset investment trends.
After the split, the ETFs saw mixed performance in the market.
Bitcoin‘s (CRYPTO: BTC) surge toward $100,000 could face a significant pullback due to excessive market leverage, Galaxy Digital Holdings Ltd. CEO Mike Novogratz warned in a recent interview, even as the cryptocurrency continues setting new records.
Bitcoin prices rose above $99,000 on Thursday, November 21, as the cryptocurrency came ever closer to breaking through the $100,000 level.
Bitcoin, the leading cryptocurrency, has achieved yet another milestone by surpassing $97,000. This significant move marks a new chapter in its remarkable year of growth, fueled by shifting market dynamics, regulatory optimism, and increased institutional interest.
The crypto prices today have primarily continued on an upward trajectory, showcasing strong market momentum. Bitcoin (BTC) has reached a significant milestone, touching $99,000 for the first time.
Bitcoin (BTC-USD) nears $100,000 as President-elect Donald Trump's pro-crypto rhetoric sends crypto-related stocks higher. Metafide CEO Frank Speiser joins Catalysts Hosts Seana Smith and Madison Mills to discuss his bitcoin outlook as the Trump administration is expected to introduce crypto regulation.
Bloomberg Intelligence showed that the U.S. Bitcoin ETFs broke over $100B for the first time, recording total assets of $104B against $121.65B for Gold ETFs. The U.S. Bitcoin ETFs had a net inflow of $773M as Bitcoin rallied past $99K on November 22nd.
Bitcoin price is rising steadily above the $95,000 zone. BTC is showing positive signs and might soon hit the $100,000 milestone level.
Stocks closed the day higher as investors digested a slew of moves headlined by bitcoin (BTC-USD) jumping above $98,000, Nvidia (NVDA) earnings leading the stock higher, and a tumble from Alphabet (GOOG, GOOGL) amid a Department of Justice move to break up its empire. FedWatch Advisors Founder and Chief Investment Officer Ben Emons joins Julie Hyman and Josh Lipton on Market Domination to break down the moves of the day.
Crypto analyst TechDev has predicted that the Bitcoin price could rally to as high as $139,000 in this market cycle. The analyst made this prediction based on previous election cycles, which were also bullish for the flagship crypto.
MicroStrategy has since emerged as the second most actively traded stock on the Nasdaq by dollar volume, trailing Nvidia. But is it too hot?
Bitcoin, the world's largest cryptocurrency, reached a new all-time high of $95,672 on November 21, 2024, after a 3.55% surge in just 24 hours. This milestone marks a 42% rise from $67,400 in the past month and a staggering 154% increase over the past year.
MicroStrategy raised $2.97 billion from 0% convertible senior notes due 2029, primarily to acquire more Bitcoin.
Based on the most recent data using the seven-day simple moving average (SMA), bitcoin's hashrate climbed to an unprecedented peak on Nov. 21, reaching 776 exahash per second (EH/s) for the very first time. Bitcoin's Computational Power Hits Stratospheric Levels On Thursday, bitcoin (BTC) soared to a fresh all-time high, hitting $99,121 per coin.
A U.S. senator has proposed selling gold reserves to create a strategic bitcoin reserve, a revolutionary move to bolster the dollar and tackle U.S. national debt. Selling Gold for Bitcoin: US Senator's Game-Changing Proposal U.S. Senator Cynthia Lummis (R-WY) shared insights during a Thursday interview with CNBC as bitcoin reached a historic peak.
The $3 billion offering of 0% convertible senior notes is part of MicroStrategy's plans to raise $42 billion over the next three years — primarily to buy more Bitcoin.
The triangle pattern formation that Shiba Inu is currently showing on its daily chart may pave the way for noteworthy price action. In the case of SHIB, triangle patterns frequently signal a period of consolidation prior to a clear market move, which may provide the groundwork for a robust upward rally.
Bitcoin's renewed bullish momentum has analysts predicting a rise to $135,000, echoing its 2020 rally. Key metrics support the projection, but risks and market volatility remain.
On November 22, 2024, all eyes are on Bitcoin (BTC), the world's largest cryptocurrency by market cap, as it approaches the long-anticipated $100,000 mark. With a significant price surge of over 5% in the past 24 hours, the asset has reached a new all-time high of $98,988, shifting the overall market sentiment to bullish.
This is the most bullish on Bitcoin I've ever been.
What do Bitcoin ETF options really say about the future?
Bitcoin (BTC) holders with under 100 BTC were net sellers in 2024, while whales and corporations accumulated coins. Retail missed the biggest gains of the bull run, selling at lower prices.
Runes tokens are surging in price as BRC-20 tokens see ample trading, all while Bitcoin itself continues pushing to all-time highs.
Why Bitcoin, Ethereum, and Dogecoin Are Surging Higher Today
Microsoft clinging to cash while rejecting Bitcoin's proven value boost makes zero sense - quit wasting reserves and buy BTC now!
MicroStrategy has purchased its bitcoin for an average price of $49,874 per coin, for a total cost of $16.5 billion.
Galaxy Digital CEO Mike Novogratz believes Bitcoin (BTC) hitting the monumental $100,000 mark is “just the start” for the flagship crypto. Novogratz's comments come as Bitcoin registers a new all-time high near $99,100, closer than ever to the six-figure price level, which some argue could be the top for this cycle.
As Bitcoin hits $98,900, Galaxy CEO Mike Novogratz cautions that high market leverage could lead to a correction, despite global demand and limited supply. Contrasting views emerge from Michael Saylor, who remains bullish, anticipating further gains fueled by evolving market dynamics and pro-crypto leadership. The post Bitcoin Set For Price Correction Post Surge, Galaxy CEO Mike Novogratz Says appeared first on Cryptonews.
Donald Trump plans to establish an advisory council to position the U.S. as a leader in the cryptocurrency space. The council will spearhead policy changes, coordinate with Congress on crypto legislation, and oversee the creation of a strategic Bitcoin reserve.
Microstrategy has finalized a $3 billion convertible note offering, further bolstering its position as a leading bitcoin (BTC) holder with 331,200 BTC now valued at $32.519 billion.
Cryptocurrency markets are trading higher, with Bitcoin approaching $100,000, Solana ETF talks picking up steam and XRP gaining on Gary Gensler announcing his resignation on Donald Trump‘s inauguration day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,986 +3.1% Ethereum (CRYPTO: ETH) $3,348 +8.7% Solana (CRYPTO: SOL) $253.64 +7.1% Dogecoin (CRYPTO: DOGE) $0.3841 +1.9% Shiba Inu (CRYPTO: SHIB) $0.00002454 +2.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 8.5% and daily active addresses up by 0.4%.
The Financial Supervisory Service of South Korea (FSS) has once again reaffirmed its prohibition on Bitcoin spot as well as futures Exchange Traded Funds (ETFs) which has drawn criticism from industry participants and legal practitioners.
MicroStrategy completes a $3B microstrategy notes offering, planning to use proceeds for Bitcoin acquisitions and corporate purposes. The post MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin appeared first on Crypto Briefing.
The ETH/BTC drop presents a good entry point for investors.
Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH).
Samson Mow, a well-known Bitcoin maximalist and CEO of JAN3, has issued a bold warning to Ethereum (ETH) holders, urging them to sell their altcoins and buy Bitcoin before it's too late. In a recent tweet, Mow advised investors to make the switch, claiming that Ethereum's underperformance compared to Bitcoin is a sign that similar fates await other cryptocurrencies.