As Bitcoin (BTC) edges closer to the much-anticipated $100,000 milestone, the cryptocurrency market is back in the global spotlight. A sharp 45% rally since the U.S. presidential election has brought Bitcoin within $1,000 of the six-figure mark on November 22, sparking renewed enthusiasm among investors.
Bitstamp has listed SOL and meme coin PEPE on its U.S. platform, offering trading pairs with the U.S. dollar and euro.
Bitcoin CME futures pushed above the $100,000 market, but BTC's spot price struggles to mirror the move.
Boyaa Interactive, a Chinese gaming giant, has become the largest corporate holder of Bitcoin in Asia, overtaking Japan's Metaplanet. This follows Hong Kong-listed Boyaa Interactive's move to convert $49.
As Bitcoin (BTC) hovers near the $100,000 mark, on-chain data indicates increased demand for the pioneer cryptocurrency, a move likely to act as a catalyst for achieving the six-figure valuation.
Bitcoin's price surge toward $100,000 has triggered record-breaking profit realization and intensified distribution activity among long-term holders, according to Glassnode and its researchers, Ukuria OC and Cryptovizart. Glassnode Insights: Bitcoin's Rally Reveals a Record $2 Billion in Daily Profits As bitcoin (BTC) prices edge closer to six figures, long-term holders are actively redistributing their holdings.
The lack of liquidity and scale will force the Bitcoin ecosystem's DeFi to surpass others. Governments are discussing Bitcoin strategic reserves, according to Hoskinson.
The OI in Bitcoin futures has increased from $39B on November 5 to the current level of $60.9B. Institutional and individual traders alike often use leverage build-up strategies as per analysts.
Bitcoin's dominance in the crypto market has recently decreased, falling below 57%, while Ethereum has experienced a significant increase! Discover the reasons behind this change.
Samson Mow reveals why Bitcoin's $100,000 milestone could spark explosive growth and lead to "hyperbitcoinization.”
Bitcoin ETFs set a record $6.2B inflows in November, signaling growing institutional interest as regulatory optimism boosts market confidence.
With the presumably crypto-friendly Trump administration taking office in January 2025, speculation has begun about whether Dogecoin (CRYPTO: DOGE) exchange-traded fund (ETF) could become a reality next year. What Happened: "I think everything is on the table moving forward under the new administration," said Nate Geraci, President of the ETF Store, in an interview with The Block.
Latest data suggested Bitcoin might be at its market bottom, hinting at a rally towards $100k.
XRP, the controversial Ripple-affiliated cryptocurrency, has climbed to fifth place by market capitalization, according to CoinGecko data.
Russia just put Bitcoin at the center of its economic chessboard. Earlier today, President Vladimir Putin signed a law that not only recognizes Bitcoin and other cryptocurrencies as legal property but also brings a lot of new regulations to the industry.
The Bitcoin market continues to see a lot of noisy behavior, as the markets are trying to determine if we can get above the $100,000 level, an area that a lot of people are looking to for guidance. The same can be said about the $90,000 level as support.
Frank Speiser, Metafide CEO, joins 'The Exchange' to discuss his Bitcoin outlook and the likelihood of the crypto rally remaining intact.
Bitcoin touched $100,000 on the CME Futures platform, while the token's spot price lagged slightly during Thanksgiving.
The crypto analytics firm Santiment says Bitcoin (BTC) is likely heading higher if one key trend continues. According to Santiment, if the Mean Dollar Invested Age (MDIA) metric keeps declining, the chances are high for Bitcoin to start surging again.
Whales consistently play a significant role in shaping crypto market prices, making it worthwhile to track their buying activity for potential gains.
Bittensor and Theta have also recorded double-digit gains in the past 24 hours, hitting levels that bulls could strengthen at to add to the upside momentum. Meanwhile, the global crypto market cap has jumped 2% to $3.37 trillion, benefitting from Bitcoin's spike above $97,000.
CryptoQuant's P&L and Bull-Bear Market Indicator show BTC is still below overvalued territory; hence, the cryptocurrency has more room for growth.
Bitcoin whales have been taking advantage of the flagship cryptocurrency's recent price dip to keep on accumulating BTC after short-term holders moved nearly $4 billion in the cryptocurrency to exchanges. According to CryptoQuant analyst Cauê Oliveira, Bitcoin whales took advantage of the “panic selling” to accumulate, with 16,000 BTC worth nearly $1.
Raoul Pal, a renowned investor, has issued an epic bullish Bitcoin (BTC) statement that might significantly affect investors' approach to the coin. Pal's statement comes as the broader cryptocurrency market watches whether BTC will surpass the $100,000 level.
Dogecoin and other meme coins are gaining after Thanksgiving as Bitcoin potentially gears up for another run at $100,000.
The market remains bullish despite sellers' pressure, according to CoinStats.
A recent report by SlowMist has uncovered over 8,620 Solana wallets with potential ties to the DEXX memecoin trading platform, which suffered a security breach due to a system vulnerability, affecting at least 900 individuals. The post Over 8,600 Solana Wallets Linked to Dexx Hacker: SlowMist appeared first on Cryptonews.
Ripple's price has been rallying rapidly over the recent weeks, making its way toward a new all-time high. Yet, there are some warning signs that could lead to a correction soon.
The Bitcoin market rallied a bit on Friday, as traders continue to see the dips as reasons to get involved. At this point in time, the market sees the $90,000 level as a major support level, and the $100,000 level as a major ceiling.
As has just been revealed, the U.S. branch of one of the largest and oldest cryptocurrency exchanges, Bitstamp, will flood the now popular Solana (SOL) and Pepe Coin (PEPE). The listing became known from the official X account of the exchange.
In the last hour, bitcoin's price is coasting along between $97,865 to $98,580 on Nov. 29, 2024, after a bullish rally that pushed the market cap to $1.95 trillion. The cryptocurrency's technical indicators suggest a strong upward momentum across multiple timeframes, though significant resistance looms near the $100,000 mark.
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Despite the recent Bitcoin crash, Ethereum (ETH) price trades today at as of . Surprisingly, ETH performance during the recent crash is much better than most altcoins.
Will fund managers file for a Dogecoin exchange-traded fund? "Everything is on the table under the new administration," one expert says.
Ethereum (ETH) is once again in the news, but this time it's good news for buyers. Recent data shows that over 90% of Ethereum users are now making money because the price of the cryptocurrency has risen to impressive levels.
Despite bitcoin rebounding above $98,000, a strengthening U.S. dollar could pose a headwind for further gains.
At the time of writing, the wider crypto market is looking rather bullish. Driven by the impressive surge in Bitcoin (BTC) prices following the 2024 U.S. presidential election, many altcoins and meme coins have followed suit.
The investment firm plans to “systematically increase” its Bitcoin holdings through a ¥9.5 billion stock issuance to raise funds.
The UK Court of Appeal has firmly rejected Craig Steven Wright's (CSW) application to appeal his case asserting he is Satoshi Nakamoto, the creator of Bitcoin. The dismissal of Wright's appeal effectively nullifies his claims, reinforcing the prevailing consensus that he is not the individual behind the pseudonym.
XRP's market capitalization is gradually increasing toward the $100 billion mark.
The massive spike in the price of bitcoin will create urgency around investing in crypto and scammers use that sense of urgency to steal, according to the Identity Theft Resource Center.
XRP, the native token of Ripple, is making waves in the realm of cryptocurrency with its impressive upside momentum. With a significant price surge of over 17%, XRP has outperformed top assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other cryptocurrencies.
Ethereum ETFs have recently outperformed their Bitcoin counterparts in terms of net inflows over the last four trading days. According to data, Ether ETFs recorded net inflows of $224.9 million between November 22 and November 27, while Bitcoin ETFs accumulated only $35.2 million during the same period.
Metaplanet plans ¥62M fundraising to acquire 652 BTC, bolstering holdings amid yen depreciation concerns.
Russia's Federation Council – the country's upper house of parliament – has approved a landmark cryptocurrency taxation bill. Among its key provisions, the legislation imposes a maximum tax rate of 15% on Bitcoin (BTC) and other digital asset mining operations.
In an interview at the New Orleans Investment Conference on Thursday, Peter Schiff, chief market strategist of Euro Pacific Asset Management, expressed skepticism about cryptocurrency while remaining bullish on gold. Speaking with Kitco News, Schiff maintained a positive outlook for gold prices, noting that the precious metal is in “uncharted territory” with “no resistance.
Russia's most senior crypto legislation architect has ruled out the creation of a national Bitcoin reserve. The post Top Russian Lawmaker Rules Out Creating a National Bitcoin Reserve appeared first on Cryptonews.
Ethereum (ETH) could be poised for a new record high as the second-ranked cryptocurrency by market cap mimics Bitcoin's (BTC) past bull run.