The so-called “OG” coins like Cardano (ADA) and Algorand (ALGO) are seeing strong momentum as the crypto altseason starts. In this context, Finbold asked an artificial intelligence (AI) model whether ADA or ALGO makes a better buy for 2025.
Bitcoin has often been referred to as the “digital gold,” as it has proven to be a unique asset class and, more importantly, a reliable store of value over the years. While gold surely outpaces BTC in age, both assets are commonly used by investors as a hedge against economic instability and inflation.
The price of Bitcoin has somewhat cooled off, struggling to reach the highly-coveted $100,000 mark, after an intense bullish run all week long. However, investors appear to be undeterred by the sluggish price action of the premier cryptocurrency in the past few days.
Bitcoin's open interest has skyrocketed to an incredible $70 billion, setting a new record for derivatives activity. This spike in open interest indicates that there is more market activity and that traders are setting up for big price movements.
The Bitcoin giant is faltering, and the altcoins, previously relegated to the sidelines, are making a thunderous entry onto the crypto scene.
XRP has achieved a major technical pattern in its Bitcoin (BTC) pairing, forming a golden cross. This technical pattern, often seen as a bullish signal, occurs when a short-term moving average crosses above a long-term moving average.
When BTC hit 'extreme greed' levels of 94 in November 2020, it dropped by 20% by February 2021.
The OECD's Cryptoasset Reporting Framework may signal ChokePoint 3.0, expanding oversight and raising privacy concerns.
November has already surpassed October's total volume, continuing strong market momentum for NFTs.
Bitcoin has been quietly approaching the $100k mark, but troubles still remain.
Bitcoin's latest rally has State Street Global Advisors' chief gold strategist, George Milling-Stanley, raising an eyebrow. Investors, he says, are falling for a dangerous illusion, mistaking Bitcoin's meteoric rise for stability.
XLM is by far the top performer from the larger-cap alts.
Bitcoin's price has surged significantly in recent weeks, gaining roughly 45% over the past month and trading at $97,465 at the time of writing. Rekt Capital points out that historically, Bitcoin has experienced a parabolic phase in its market cycles, during which the asset undergoes massive price growth.
U.S. President-elect Donald Trump's pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties with the company operating the world's largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin, Bloomberg News reported on Sunday.
Suspended between dream and reality, Bitcoin is about to play a historic act on the global crypto stage.
Bitcoin has surged past the $99,800 mark, setting another all-time high as it inches closer to the psychological $100,000 milestone. Despite briefly testing the level, BTC has yet to break through, leaving investors and analysts eagerly anticipating the next move.
Story Highlights Bitcoin price struggles to achieve the $100k mark and records a high of $99,655. Ethereum price hits a new 4-month high and retests the $3.5k mark. XRP price surpasses the $1.5 mark and reclaims its $30-month high.
U.S. spot Bitcoin Exchange-Traded Funds (ETFs) saw an unprecedented surge, attracting a whopping $1.05 billion in net inflows. This marks a significant milestone in the ongoing rise of Bitcoin as a mainstream investment.
Trump's pledge to create a bitcoin stockpile has been one of the bullish developments that's propelled the token to all-time highs since the election.
ADA appears set for an upward move, with several factors suggesting a potential rally.
MicroStrategy, the well-known business intelligence firm led by Michael Saylor, has raised $3 billion through the sale of convertible notes, a bold financial move aimed at further expanding its Bitcoin reserves. The company's ongoing strategy to accumulate the cryptocurrency has raised eyebrows across the industry, and this latest development has solidified its position as one of the largest institutional Bitcoin holders.
$100,000, that's for sure. $150,000, why not?
Bitcoin blew up the price chart after the US elections, but altcoins pulled ahead this week. Here's how Web3 is making the Internet usable again.
The price of Bitcoin (BTC) has risen to the psychological milestone of $100,000. BTC price analysis by Coinidol.com.
Bitcoin's breakout signals bullish strength as $120K emerges as the next key target.
Bitcoin (BTC) Holds $95K as Record ETF Inflows, Pro-Crypto Policies Offset Fed Hawkishness
The crypto universe has concluded yet another week, primarily with riveting developments unfolding across the broader sector. Bitcoin (BTC) continues to pump, hitting a new ATH this week.
ADA has currently slipped into the red zone, but it is holding strong above the $1 level. Up by more than 50 percent in the last seven days, ADA is eyeing the important $2 level. Similarly, Ripple's XRP has also recorded impressive gains and is trading at $1.46 levels.
Mad Money host Jim Cramer has picked bitcoin over Microstrategy's stock (MSTR), calling the cryptocurrency “a winner.” Jim Cramer Picks Bitcoin Over Microstrategy's Stock Jim Cramer, host of CNBC's Mad Money, shared his insights on bitcoin and Microstrategy's stock (Nasdaq: MSTR) during his show's Lightning Round segment this week.
The Bitcoin price rally towards the $100,000 mark is the talk of the crypto industry. Notably, the Bitcoin price has reached new all-time highs for four consecutive days on the path to this $100,000 price level, with the latest being an intraday high of $99,645 in the past 24 hours.
Despite heightened expectations for the Bitcoin price to hit the $100,000 milestone, a crypto analyst has surmised that this key target could present psychological resistance for the pioneer cryptocurrency. Amidst this bearish warning, the coin's price's continued upward movement towards the elusive $100,000 mark has become the center of attention in the crypto community.
Bitcoin has cleared major resistance levels at $70,000, $85,000, and $99,000. The exponential moving averages (EMAs) signal a strong bullish trend, with the 50-day EMA positioned above the 100- and 200-day lines. However, the Relative Strength Index (RSI) has reached 82, indicating overbought conditions that could lead to a short-term price correction.
Bitcoin has just achieved two major milestones that reflect its ever-growing dominance in the digital currency space. On November 21, the cryptocurrency's computational power, known as the hashrate, hit an all-time high of 776 exahash per second (EH/s).
Robert Kiyosaki strongly endorsed Michael Saylor's bitcoin strategy and his $13 million BTC forecast. He urged investors to act, declaring, “Buy bitcoin today. I am.
Following the events of the past week, it is more of a matter of “when” rather than of “if” the Bitcoin price will hit a historic six-figure value. The crypto commentary channels and waves have been largely occupied with the premier cryptocurrency potentially reaching $100,000 over the last few weeks.
The layer-1 blockchain Cardano (ADA) is primed to continue its long-awaited price surge, according to a popular crypto analyst. The digital asset trader Ali Martinez tells his 87,300 followers on the social media platform X that whales and “institutional players” have been buying into the Ethereum (ETH) competitor in anticipation of further price increases.
Former President Donald Trump is taking a significant step toward reshaping the U.S. cryptocurrency landscape. Reports suggest he is assembling a specialized crypto advisory council tasked with creating a strategic Bitcoin reserve, streamlining digital asset regulations, and positioning the U.S. as a dominant player in the global crypto market.
Former star for the Chicago Bulls Scottie Pippen reveals the latest on his crypto currency adventures and the future of the industry.
Cardano (ADA) is currently on an impressive upward trajectory, gaining over 43% in just the past week. This remarkable surge comes amid a broader market rally and heightened activity from both retail traders and institutional investors.
Cardano (ADA) has made a wild move in the past few days and has gained notable attention from crypto enthusiasts, including whales and traders. Besides a significant upside rally in the past few days, the market sentiment suggests that this rally is poised to continue as Cardano's ADA has room to soar.
Cardano (ADA) has extended its uptrend and has risen to a high of $0.98.
Republican Senator Cynthia Lummis says converting gold reserves into Bitcoin could strengthen the U.S. government's finances.
The financial market of 2024 feels like it's having an identity crisis. Structured and disciplined on one side, chaotic and high on adrenaline on the other.
The rapid growth of Bitcoin ETFs highlights shifting investor preferences, raising questions about long-term stability compared to traditional assets. The post Bitcoin ETFs could overtake gold ETFs in size within one month appeared first on Crypto Briefing.
In May 2010, programmer Laszlo Hanyecz traded 10,000 bitcoins for two pizzas. Those bitcoins would be worth $990 million at today's prices.
Bitcoin, the undisputed king of cryptocurrencies, is on the brink of achieving a historic milestone. The digital asset surged past $99,000, reaching nearly $99,400, according to Coinbase data.
US spot Bitcoin exchange-traded funds (ETFs) received over $2.4 billion in inflows last week. In contrast, China-based ETFs experienced significant outflows, with over $2 billion withdrawn during the same week.
Dive into Cipher Mining's Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and plans for AI/HPC. Discover what's next for this Bitcoin miner! The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov.