The overall supply of Bitcoin on centralized exchanges has continued to shrink in the recent past fueled by rising demand from institutional investors.
As it continues its steady ascent toward the $2 mark, XRP is showing its desire to reach the long-awaited target. Notwithstanding the general market neutrality, the token is displaying fresh bullish momentum after a successful breakout from its bearish flag model.
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.
Ethereum's recent 15% weekly surge and record-breaking $22 billion futures open interest have fueled market excitement, raising hopes for a broader altcoin rally.
Solana's price has recovered 8% from recent lows while showing strong network growth across multiple metrics, including TVL, developer activity, and futures market premiums.
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”.
Solana's (SOL) effort to reclaim its all-time high has faced strong resistance. This struggle has also allowed Solana bears to drive the price lower as it continues to hover around $238.
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.
Uniswap achieved a record $38 billion in monthly trading volume across Ethereum Layer 2 networks in November, with Arbitrum leading at $19.5 billion, while the protocol's UNI token rose 42% and generated $90 million in fees.
Avalanche (AVAX) has recently shown signs of bullish movement, and the possibility of a breakout that could push the price to $65 is becoming more likely. With recent developments on both the price chart and on-chain activity, traders are closely monitoring key levels that could indicate further upward momentum.
Dogecoin trades near $0.41 with increased institutional interest and strong technical indicators, supported by the launch of Nordic's first Dogecoin ETP and robust trading metrics showing growing market participation.
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.
Cardano (ADA) has recently reached new milestones in network growth, setting records for new address creation that have not been seen since June 2023. This surge in activity comes at a time when the broader cryptocurrency market is experiencing significant volatility, with ADA's price briefly surging past the $1 mark before cooling to $0.91.
XRP price has surged past the $1 mark, capturing significant market attention with its impressive performance this month. The cryptocurrency's value doubled within a week, buoyed by broader gains in the digital asset market.
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.
In the last few weeks, the value of Solana (SOL) has reached new milestones, attracting the attention of investors and analysts.
The altcoin market corrects after a 55% November rally, but XRP, Stellar, and TRON hold bullish setups targeting $2, $0.63, and $0.40, respectively.
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.
In the daily chart, the Ethereum price action showcases a record-high trendline, gaining momentum. With a massive bullish engulfing candle formed last night, the Ethereum price soared 10%.
The sixth crypto by market cap could soon rise in the rankings.
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.
Virtually all Ripple USD (RLUSD) tokens were burned on Wednesday, according to the Ripple Stablecoin Tracker account on the X social media network.
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.
Greater institutional interest in ETH helped the altcoin catch up to BTC.
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.
Joe Rogan has become one of the world's most successful podcasters in recent years, with influential figures like tech mogul Elon Musk, boxing legend Mike Tyson, renowned whistleblower Edward Snowden, and President-elect Donald Trump appearing on his “The Joe Rogan Experience” show. But aside from a plethora of topics he enjoys discussing, Rogan has also exhibited significant interest in Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, and even holds some in his portfolio.
Uniswap has shattered its monthly volume record on Ethereum layer-2 networks, signaling a resurgence of interest in DeFi. The post Uniswap Hits $38B Monthly Volume on Ethereum Layer 2s, Setting New Record appeared first on Cryptonews.
Ethereum prices have hit their highest levels for almost six months as institutions drive momentum.
Bitcoin (BTC) struggles to maintain its momentum, prominent financial analyst Peter Schiff has issued a stark warning about the future of the cryptocurrency. According to Schiff, Bitcoin could face further declines once MicroStrategy, the business intelligence firm led by Michael Saylor, completes its ambitious plan to buy up massive amounts of the digital asset.
Bitcoin's (BTC) bullish race to hit $100K post-US Presidential elections got the crypto industry excited but on the other hand, it has also flagged liquidation risk for some pro-BTC firms ahead. Microstrategy (MSTR), which has decided to go heavy on the biggest crypto is expected to face a similar danger.
Vancouver Mayor Ken Sim proposed adding Bitcoin to the city's balance sheet to position the city as a leader in crypto adoption.