Long-term holders have hawked more than 500,000 Bitcoin amid BTC‘s latest bull run, according to the crypto analytics firm Glassnode. The firm notes in a new analysis that the long-term holder cohort reached its peak Bitcoin supply in September.
Bitcoin has risen by 2% in the past 24 hours, after Pantera CEO Dan Morehead predicted that the crypto could reach $740,000 by 2028. The post Bitcoin Still Aiming For $100k This Year, Analyst Predicts $740,000 By 2028 appeared first on Cryptonews.
Metaplanet wants to raise $62 million from its upcoming series of stock acquisition rights to EVO Fund. The firm will use the funds to buy more Bitcoin for its treasury management.
By providing flexibility and monetization for energy producers, Bitcoin mining presents a novel and effective way to approach energy production.
Mara Holdings (MARA) follows the example of MicroStrategy, recently expanding its reserves with an additional purchase of 703 BTC, valued at $615M. MARA retains $160M for buying BTC at favorable prices.
James Howells might go down in history books as one of the unluckiest people ever, having discarded hundreds of millions of dollars in Bitcoin (CRYPTO: BTC) accidentally. But a new twist in this decade-old bizarre saga revealed that it was not him but his ex-girlfriend who unintentionally threw the fortune away.
Chris Giancarlo, a leading candidate to head the US Commodity Futures Trading Commission (CFTC) and author of the book “Crypto Dad,” recently addressed key aspects of President-elect Donald Trump's ambitious plans for the crypto sector.
One of the two Dogecoin founders, Billy Markus who created the iconic meme cryptocurrency Dogecoin in collaboration with Jackson Palmer, has commented on the recent Bitcoin price surge.
Binance Pool introduces a promotion offering an 88,000 KAS bonus for eligible miners of Kaspa (KAS) and Bitcoin (BTC). The promotion runs from November 28, 2024, to January 27, 2025.
TL;DR Recent research from CryptoQuant suggests Bitcoin's bull cycle could reach a $146,000 price target, based on on-chain data and valuation metrics. Key metrics like Bitcoin's realized price valuation and investor behavior indicate the market is not yet overheated, leaving room for further growth.
Steve Baker, a former UK Minister of State at the Northern Ireland Office, has received approval to join Bitcoin-focused venture capital firm Axiom as a paid adviser. The post Former UK Minister to Take Up Advisory Role at Bitcoin VC Firm Axiom appeared first on Cryptonews.
Sandwiched between the Halloween and the Christmas festivities, the Thanksgiving holiday is another special day for Americans that draws families and communities together. Thanksgiving is celebrated on the fourth Thursday of November.
In an interview with Mario Nawfal, Jan van Eck, CEO of $118 billion global asset manager VanEck, offered an analysis of Bitcoin's potential trajectory, the US fiscal deficit, and the broader financial markets. Contrary to some hyper-bullish forecasts, van Eck provided a more conservative price target for Bitcoin for this bull run.
The Metaplanet stock surged 6.5% on Thursday's trading session after the company announced a fundraise of $62 million by issuing the Moving Strike Stock Acquisition Rights, in order to purchase additional Bitcoins. With a 102% surge over the past month, the stock has given three times the returns of Bitcoin's 36% gains.
A UK pension fund's unprecedented £1.5 million Bitcoin investment has sparked industry debate, with critics calling it irresponsible while others view it as a careful step into digital assets, amid rising cryptocurrency adoption among UK investors.
As bitcoin hovers around 95,000 dollars, the crypto community is questioning the possibility of a significant correction. Amid mixed technical signals and the history of Thanksgiving periods, the short-term future of the queen of cryptos remains uncertain.
The price of Bitcoin (BTC) has fallen well above the $90,000 support or the 21-day SMA. The largest cryptocurrency is on its way to pull back above the 21-day SMA.
Users will be able to stake their dogecoin to receive their earnings.
Marathon Digital Holdings (MARA), one of the largest publicly traded Bitcoin mining firms, has made significant strides in its cryptocurrency acquisition strategy. In a statement on November 27, the company revealed it had purchased 6,474 Bitcoin (BTC) during the month.
The overall supply of Bitcoin on centralized exchanges has continued to shrink in the recent past fueled by rising demand from institutional investors.
Bitcoin price has bounced back once resuming rally to $100K again amid strong investor sentiment this Thanksgiving. The BTC demand growth shows a healthy uptick suggesting that bulls are active after the recent pullback.
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.
Trading opportunities in crypto come and go in seconds, often at unpredictable hours. This presents a major issue for traders who find it impossible to stay glued to their screens 24/7, as missing a trade's entry or exit can mean losing profit potential or bearing unexpected losses.
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.
The cryptocurrency market today has surged by 3.65% in the past 24 hours, bringing the total market capitalization to $3.31 trillion. Despite a 10.08% drop in trading volumes to $202.15 billion, market sentiment continues to remain bullish, as reflected in the Fear & Greed Index, which stands at 84, indicating extreme greed.
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.