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news-imageNovember 25, 2024

Ether gains momentum as capital shifts from bitcoin and derivatives activity increases

Capital flows shift from bitcoin to ether, with the derivatives market signaling growing confidence in ETH near-term upside, analysts said.
Publisher: The Block
Sentiment: Positive
BTC
ETH

More News Articles

Positive
cover-imageCryptonews
November 25, 2024

Michael Saylor's MicroStrategy Buys 55,000 More Bitcoin

MicroStrategy, spearheaded by Michael Saylor, disclosed a $5.4B Bitcoin purchase, adding 55,000 BTC to its holdings. With a total of 386,700 BTC now acquired for $21.9B, the company remains one of the largest corporate investors in cryptocurrency. SEC filings reveal strategic funding via convertible notes. The post Michael Saylor's MicroStrategy Buys 55,000 More Bitcoin appeared first on Cryptonews.

Positive
cover-imageThe Currency Analytics
November 25, 2024

Spot Bitcoin ETFs Set to Surpass Satoshi's Holdings by Year-End: A Milestone for Crypto

Spot Bitcoin exchange-traded funds (ETFs) in the United States are on track to reach a significant milestone: surpassing the estimated Bitcoin holdings of Bitcoin's mysterious creator, Satoshi Nakamoto. With Bitcoin continuing its strong price performance in 2024 and growing institutional interest, these ETFs are quickly becoming some of the largest Bitcoin holders in the world.

Positive
cover-imageBenzinga
November 25, 2024

Bitcoin Investor Turns Daily $30 Purchases Into $1 Million Portfolio In 7 Years, 10 Months And 12 Days

A pseudonymous crypto investor shared their success story of using a dollar-cost averaging strategy to buy $30 of BItcoin (CRYPTO: BTC) a day over seven years and hitting a portfolio size of $1 million in the process. What Happened: The investor, who began their Bitcoin buying strategy at the age of 22, has diligently purchased $30 worth of Bitcoin every twelve hours for nearly eight years.

Positive
cover-imageBitcoin
November 25, 2024

Ethereum Foundation Launches Attackathon to Strengthen Protocol Security

The Ethereum Foundation has initiated its first-ever “Attackathon,” a community-driven challenge offering $1.5 million in prizes to identify flaws in the Ethereum protocol. Ethereum Hosts Attackathon According to the announcement from the foundation's Protocol Security Research Team and the Ecosystem Funding Initiative, the Attackathon event will take place from Nov. 25, 2024, to Jan.

Negative
cover-imageInvezz
November 25, 2024

What's holding Bitcoin back from breaking the $100,000 milestone?

A CNBC report states, bitcoin, the world's largest cryptocurrency, has struggled to breach the $100,000 mark, even after a robust rally that pushed its value to an all-time high of $99,000 last week. The rally, sparked by Donald Trump's re-election as US president on November 5, saw Bitcoin surge over 40%.

Neutral
cover-imageYahoo Finance
November 25, 2024

Bitcoin rally stall creates entry point for FOMO investors

Bitcoin (BTC-USD) pulls back from its election-fueled rally that was originally pushing it closer and closer to $100,000. Digital Assets Council of Financial Professionals president Don Friedman joins Seana Smith and Madison Mills on Catalysts to discuss the move and what it is signaling about the cryptocurrency market's reception to a second Trump administration.

Negative
cover-imageCryptonews
November 25, 2024

Ex-Partner Says James Howells Requested $716M BTC Wallet Be Discarded

There have been new developments in the story of James Howells, the IT engineer who misplaced the hard drive that held 8,000 Bitcoin. His ex-partner, Halfina Eddy-Evans, has stated that she threw away the hard drive at Howells' request. The post Ex-Partner Says James Howells Requested $716M BTC Wallet Be Discarded appeared first on Cryptonews.

Neutral
cover-imageCoinPedia
November 25, 2024

$9.4B Worth Bitcoin Options Expiry: Will the Price Jump?

Bitcoin and Ethereum are about to face a huge event. On November 29, a whopping $9.4 billion in Bitcoin options and $1.3 billion in Ethereum options are set to expire. This could lead to major swings in the crypto market, especially after the U.S. Thanksgiving holiday.

Positive
cover-imageCryptoSlate
November 25, 2024

Sky-high Bitcoin funding rates show a leveraged yet bullish market

Bitcoin's perpetual futures funding rate represents the cost traders incur to maintain long or short positions in the perpetual swaps market, with fees shifting between buyers and sellers based on market conditions. Positive funding rates suggest that long positions dominate, reflecting bullish sentiment, while negative rates indicate bearish sentiment as short positions dominate.

Positive
cover-imageCryptoGlobe
November 25, 2024

Medical Technology Firm Semler Scientific (SMLR) Increases Its Bitcoin Holdings, Stock Price Surges 16%

Nasdaq-listed healthcare technology company Semler Scientific (SMLR) announced on Monday that it has acquired an additional 297 bitcoins while expanding its share offering program. According to the press release, the company purchased the bitcoins between November 18-22 for $29.1 million, paying an average of $97,995 per bitcoin, including fees.

Neutral
cover-imageUToday
November 25, 2024

Bitcoin Will Not Stop at $100,000, Trading Legend Peter Brandt Hints

Peter Brandt, a legendary commodities trader who has been practicing since the middle of the 1970s, has taken to his official account on the X social media network (formerly famous as Twitter) to share his take on the expectation shared by many, as he pointed out that Bitcoin will hardly increase higher than $100,000.

Positive
cover-imageBitcoin
November 25, 2024

Semler Scientific Expands Bitcoin Holdings to Over 1,500 BTC

Semler Scientific, Inc. announced updates on its bitcoin (BTC) holdings and capital markets activities, highlighting its evolving strategy in cryptocurrency and equity offerings. Semler Scientific Reports 58.4% Bitcoin Yield as Key Performance Indicator Between Nov. 18 and Nov. 22, Semler Scientific (Nasdaq: SMLR) purchased 297 bitcoins for $29.1 million, averaging $97,995 per bitcoin, including fees.

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