Metaplanet, a Japanese investment firm, has announced plans to raise $62 million by issuing stock acquisition rights to EVO Fund. The raised funds will be allocated to buying more Bitcoin for its treasury management.
Dogecoin (DOGE) Price recently surged to $0.48, its highest level since 2021, while surpassing Porsche in market capitalization at $58 billion.
In a recent interview with Indian media outlet Money Control, billionaire Tim Draper said that Bitcoin, the leading cryptocurrency, is still "cheap" despite recently approaching the $100,000 level.
BTC's price decline and lower volatility contrast with Ethereum's rising dominance in derivatives. Ethereum's market cap is $428 billion, second to Bitcoin, according to CoinMarketCap.
Microsoft placed an "assessment in investing in bitcoin" as a shareholder voting item on the agenda for its annual meeting on Dec. 10.
As Bitcoin is regaining significant upward strength, a notable trend has been spotted among long-term holders as indicated by a huge drop in the average age of wallets holding BTC. The trend demonstrates shifting market dynamics, prompting the modification of positions by retail and institutional players in anticipation of future price fluctuations.
Bitcoin's path to $100,000 is supported by strong institutional interest, macroeconomic trends, and miner confidence.
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Ethereum blockchain co-founder Charles Hoskinson has predicted that Bitcoin could soar as high as $500,000 within the next two years, according to a new video posted this week by the Cardano founder. Hoskinson's commentary comes shortly after Satoshi Nakamoto-created nearly soared past $100,000 in value just last week. The post ETH Co-Founder Charles Hoskinson Predicts Bitcoin Could Hit $500,000 Within 2 Years appeared first on Cryptonews.
Key Points of the News: TON Teleport BTC launches its white paper and activates its testnet, marking a key step toward integrating Bitcoin into The Open Network ecosystem. This decentralized bridge enables secure Bitcoin transfers through smart contracts, ensuring interoperability and autonomy for users.
The incoming Trump administration is reportedly planning to grant the Commodity Futures Trading Commission (CFTC) greater regulatory control over Bitcoin (BTC) and Ethereum (ETH) spot markets, potentially reducing the Securities and Exchange Commission's (SEC) role. This move aims to clarify regulatory responsibilities and reduce enforcement-driven approaches, fostering a more innovation-friendly environment in the United States crypto market.
Bitcoins plunge to $90,000, followed by a recovery to $95,719, has sparked attention from analysts. They cite reduced profit-taking by long-term holders as the key factor behind the correction, possibly signaling that Bitcoin has already reached a local bottom.
The digital assets landscape saw bullish actions today, with the global crypto market cap surging 1.78% to $3.32 trillion. The upside came as Bitcoin rebounded to a daily high of $97,357 early today. BTC changes hands at $95,650 at press time as enthusiasts await the highly sought-after $100,000 milestone.
Ethereum has outpaced Bitcoin over the past week as the cryptocurrency market continues to show a bullish outlook.
The Shiba Inu price is currently witnessing a significant correction alongside Bitcoin. However, crypto analysts have suggested that Shiba Inu can experience a parabolic rally if the flagship crypto were to enjoy a bullish reversal above $100,000.
While Bitcoin (BTC) has reached new all-time highs this month, the Ethereum price has failed to experience a significant rally, befitting its position as the second-largest cryptocurrency by market capitalization. However, a crypto analyst suggests that this bearish price action could soon end, as Ethereum (ETH) appears to be repeating its breakout pattern from the 2017 to 2018 cycle.
Bitcoin is at a critical juncture, where it can move in either direction. However, an upward movement is more likely.
Thanksgiving is a fascinating period for bitcoin (BTC), often showcasing wild price swings and headline-grabbing moments. Feast or Famine in 2024? Bitcoin's Thanksgiving History Leaves Investors Guessing Over the last five years, bitcoin's holiday behavior has piqued the curiosity of investors and analysts.
Ethereum's DeFi sector is experiencing a revival, fueled by renewed market enthusiasm following Donald Trump's election victory. The total value locked (TVL) in Ethereum's DeFi ecosystem has surged past $80 billion, marking its highest level in over two years.
The crypto landscape is evolving rapidly, and Ethereum, as a pillar of this universe, is not immune to upheavals. Layer 2 (L2) solutions are experiencing explosive growth, culminating in a total value locked (TVL) of $51.5 billion.
XRP is trading at $1.47, its highest since 2021, and could shatter its 2018 all-time high of $3.317. A rare golden cross, combined with the breach of a 5-year resistance, signals a historic price breakout for the cryptocurrency.
Ethereum (CRYPTO: ETH) has outperformed Bitcoin (CRYPTO: BTC) in several key metrics over the past week, signaling a potential shift in market dynamics, according to a Bybit and Block Scholes report. What Happened: This trend comes amid the announcement of SEC Chair Gary Gensler's planned departure in January 2025, which has boosted sentiment around Ethereum and other altcoins.
Crypto exchange Coinbase has announced that it will delist and stop supporting Celo layer-1 blockchain token CGLD by January 13, 2025. This move is in response to Celo's planned migration into a layer-2 network.
Popular crypto analyst Altcoin Sherpa is warning that Ethereum (ETH) may have a steep correction in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 233,100 followers on the social media platform X that ETH/BTC could decline more than 35% from its current value. “ETH: I don't know if this bottoms until 0.
BNB has retained its long-term bullish bias. The altcoin has consistently held above its 200-day Exponential Moving Average (EMA), a critical threshold for gauging market strength.
Miners face a 50% block reward cut since April, with daily bitcoin mining capped at 450 coins.
TL;DR Sandeep Nailwal questions the lack of support from Vitalik Buterin for Polygon PoS, despite its contribution to Ethereum's growth. Polygon PoS has managed to reduce transaction fees to $0.015 and facilitated the migration of dApps, but it has not received the expected recognition.
Chris Burniske, a prominent voice in the crypto space and partner at Placeholder VC, dismissed the idea of a Bitcoin (CRYPTO: BTC) "supercycle," labeling it a “collective delusion.” What Happened: In a detailed thread on X on Wednesday, Burniske warned investors against the belief that Bitcoin's bull markets will eliminate future bear markets, despite new factors such as Bitcoin exchange-traded funds (ETFs) and potential sovereign adoption.
Metaplanet's stock surged 6.5% after announcing a $62 million fundraising to acquire more Bitcoins, extending its year-long rally.
Ethereum cofounder Jeffrey Wilcke has sold 20,000 ETH, worth $72.5 million, on Kraken. Historical patterns suggest this move could trigger another major price rally, as Ethereum gains 8% in 24 hours.
Ethereum co-founder Jeffrey Wilcke transferred $75.2 million in crypto to Kraken, sparking debates over a possible Ether top and incoming market correction.
Bitcoin futures open interest has risen sharply, signaling increased trading activity and market speculation, following Trump's win.
In a research note titled “Bitcoin's Road to $100K – Tear Down This Wall,” Alex Thorn, Head of Firmwide Research at Galaxy Digital, provides an analysis of Bitcoin's recent performance and the factors influencing its trajectory toward the $100,000 milestone.
Altcoins are surging and dominating headlines, with Dogecoin (DOGE) surpassing luxury automaker Porsche by market cap amid news of a DOGE ETP launch. Top altcoins such as Cardano (ADA), Ripple (XRP), Stellar (XLM), and Ether (ETH) continue to gain impressively, signalling the imminent arrival of the altcoin season.
The country's office of the Advisory Committee on business appointments approved Baker's bid to join Axiom as a paid advisor.
Bitcoin price returned to the psychological $95k mark on Tuesday, raising hopes that it could touch $100k. But what are the odds?
Ethereum (ETH) has experienced a price breakout in the weekly timeframe, comfortably trading above the $3,500 resistance as the decentralized finance (DeFi) asset targets the crucial $4,000 mark.
The TON Teleport BTC white paper introduces a trustless bridge allowing secure Bitcoin transfers between the Bitcoin and TON blockchains.
Bitcoin recently saw a 9% retrace from its all-time high of $99,800, narrowly missing the psychological $100K milestone. The pullback brought BTC down to a low of $90,700 on Tuesday, sparking concern among some investors.
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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.
BlackRock's Bitcoin exchange-traded fund (ETF) has recorded zero inflows for the past two days. Institutional investors have lost their appetite for Bitcoin exposure despite the ongoing bull market in the broader cryptocurrency space.
XRP and SOL are riding on the growing crypto fame. Monsta Mash is gaining traction with a 3% bump in total $MAH tokens sold in less than 5 hours.
The 12 spot bitcoin exchange-traded funds (ETFs) had a standout Wednesday, capitalizing on BTC's latest price climb. Collectively, these funds attracted $103.09 million in inflows, pushing their cumulative net inflows since Jan. 11 to an impressive $30.38 billion.
It is Thanksgiving in the U.S., and Michael Saylor, cofounder and chairman of MicroStrategy, has sent out a tweet that has resonated strongly within the cryptocurrency community. In an X post, Saylor simply stated, "Thank you Satoshi.
The total value locked (TVL) in Ethereum Layer 2 networks has reached an all-time high of $51 billion, signaling strong investor interest and value growth within the ecosystem.
The price of popular cryptocurrency XRP is about to hit an all-time high. Currently trading at $1.47 per XRP, the price of the popular cryptocurrency is at its highest level since May 2021, when the last widely recognized bull market in cryptocurrencies took place.