Cryptocurrency investment products saw a record weekly inflow of $3.13 billion over the past week, bringing their total year-to-date inflows to $37 billion as the crypto market rally keeps on going. According to CoinShares' latest Digital Asset Fund Flows weekly, Bitcoin investment products saw a total of $3.
Bitcoin is under pressure, with its price barely holding in the upper $90,000 range.
The U.S. Treasury Department recently reported that the national debt had surpassed the $36 trillion mark, reaching an all-time high. Analysts have spoken about the positive effects of a rising debt trend on bitcoin and how it would eventually trigger a devaluation of the U.S. dollar. U.S.
The stock market-listed Japanese firm Remixpoint will use its balance sheet to buy $3.2 million worth of Bitcoin (BTC). The post Japan's Remixpoint to Buy $3.2M Worth of BTC With Its Balance Sheet appeared first on Cryptonews.
Avalanche (AVAX) has become one of the most closely watched cryptocurrencies in recent years, especially as it continues to gain traction among investors and developers alike. As the broader market enters what many are anticipating to be a new bull cycle, AVAX is expected to play a key role in this potential surge.
The chief legal officer at Ripple Labs is coming down hard on the U.S. Securities and Exchange Commission (SEC) over what he perceives as the agency bragging. According to a new post on the social media platform X from Ripple CLO Stuart Alderoty, the SEC is looking at its year-in-review incorrectly.
NYSE Arca filed a 19b-4 Form to list a Bitwise exchange-traded product (ETP) offering direct spot exposure to Bitcoin (BTC) and Ethereum (ETH), weighted by their market capitalization. According to a Bitwise statement, the proposed Bitcoin-Ether ETP aims at simplifying portfolio allocation for investors seeking exposure to the crypto market's most established assets.
Ripple said that it will allocate $5 million into tokens on abrdn's Lux fund as part of a larger allocation to RWAs on the XRPL from various asset managers.
Bitcoin (BTC) is having a rough time, slipping below the $91,000 mark and hitting an intraday low of $90,742. The global crypto market has taken a 3.24% dip, bringing its total value down to $3.16 trillion as of Tuesday afternoon.
XRPs push to $2 by November is at a critical juncture, with analysts pointing to Bitcoins support as the deciding factor. If the rally sustains, XRP may not only hit $2 but also pave the way for double-digit gains.
The sell-off represents a reversal of whales buying hundreds of thousands of bitcoins in October, according to the same data set.
Solana has hit $115 billion DEX trading volume so far this November, overtaking Ethereum and BSC.
In an interview with CNBC on Monday, Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ: MARA), shared his bullish outlook on Bitcoin. He emphasized the growing institutional interest and a favorable regulatory environment that could propel the BTC price to new highs.
To get the latest market news check out finance.yahoo.com Bitcoin prices (BTC-USD) retreated about 2% on Tuesday as the cryptocurrency's bid to reach the $100,000 milestone lost steam. The largest digital currency, which posted its longest losing streak since Trump's election win, traded just around $92,500 per token in early afternoon trade.
The Pantera Bitcoin Fund has seen a 131,165% lifetime return since launching in 2013 amid the post-election market rally.
Ethereum's next move is uncertain amid whale sell-offs and mixed market signals.
Elon Musk's net worth recently surpassed $334 billion, thanks to the US Elections, a surge in Tesla's valuation, and high-risk innovative AI investments. 2024 is working well for Musk as his wealth has climbed by more than $70 billion since 2023.
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XRP has proven its strength, outperforming several other major crypto assets in recent days. With a 30% surge over the past week, XRP has emerged as one of the top performers in the market, even as Bitcoin and other altcoins saw notable declines.
After a record-setting run near $100K, bitcoin looks poised for a correction below $90K. CoinDesk's Christine Lee explains the bearish signals ahead on "Chart of the Day.
The asset has significantly backpedaled in a correction that appeared to intensify on Monday, November 25.
Bitcoin miners are making waves by turning towards AI. But not every strategy is going to be successful.
Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases.
For years, Bitcoin has been receiving complaints about its intensive energy requirements and use of complex computer equipment. As such, the BTC mining industry is continuously looking for ways to address the cryptocurrency's high energy use without sacrificing its generation.
New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience.
The investment manager thinks the small Central American country will lead the region in terms of crypto and tech innovation.
The path forward for these three top tokens is becoming increasingly difficult to predict.
Valour said its product launched on Sweden's Spotlight Stock Market represents a first-of-its-kind for the region.
Bitcoin looked poised to claim the $100,000 milestone but reversed course just shy of the six-figure mark. Analysts are hopeful the rally will soon resume.
Crypto analysts Mikybull Crypto and CrediBULL Crypto have suggested that the XRP price could reach $2 by the end of November. However, CrediBULL Crypto warned about what could hinder XRP from reaching this target.
The asset manager is extending its fee waiver until January 2026 for up to $2.5 billion in assets under management.
Economist Alex Krüger thinks Bitcoin (BTC), memecoins and other altcoins are primed to surge for the next few months. Krüger outlines his prediction for the crypto market to his 190,500 followers on the social media platform X. “Stage 1. Bitcoin runs. Stage 2. Memecoins join. Stage 3. Altcoins join.
The Dogecoin price has been gearing up for a major bull rally since it rose to the $0.4 threshold and began testing this resistance. Shedding light on Dogecoin's future bullish trajectory, a crypto analyst has discussed the importance of the $0.22 50-day Moving Average (MA) in determining the Dogecoin price movements in this bull cycle.
The absence of Bitcoin ETF demand during the weekend may have created a set-up for short liquidations.
After the 2024 US election, Bitwise and other asset managers seem to have been testing the regulatory waters for previously unapproved spot cryptocurrency ETFs.
Bitcoin (BTC) holder cohorts sold in the past month, including outflows from miners. All coins found counterparties, while BTC set new price records.
Brazilian lawmaker Eros Biondini introduced legislation proposing the creation of a Bitcoin (BTC) Sovereign Strategic Reserve (RESBit) with an allocation of up to $18.6 billion — equivalent to 5% of Brazil's international reserves as of September.
Brazil's Chamber of Deputies has formally introduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to diversify national financial assets and strengthen economic resilience.
The cryptocurrency market is set to face a major event, with $9.4 billion worth of Bitcoin options and $1.3 billion worth of Ethereum options set to expire. This event could trigger significant volatility in the market, especially after the U.S. Thanksgiving holiday, leaving traders and investors on edge.
Pump fun, a platform integral to the Solana ecosystem, has denied claims that it sold 99,999 SOL valued at $22.74 million after transferring the tokens to the Kraken exchange. Blockchain analytics platform Lookonchain had suggested the possibility of a sale following the large transaction, but Pump.fun clarified that no evidence supports such claims.
The digital platform is the latest to join the Bitcoin wave, following the MicroStrategy chief's endorsement.
Cardano has successfully launched its first zero-knowledge (ZK) smart contract on the mainnet, marking a major accomplishment. The transaction was done by Input Output with the use of Halo 2 zkSNARK technology and proves Cardano's focus on innovation and scalability in the field of blockchain.
Bitcoin suffered a steep decline four years ago around Thanksgiving after being turned away at the $20,000 level. The action this year after failing at $100,000 is similar, though less severe so far.
Rumble, the conservative-leaning video platform, announced on Monday night that it will channel up to $20 million of its extra cash into Bitcoin. As soon as the news broke, Rumble's stock shot up almost 4% in after-hours trading.
XRP slipped 8% on Tuesday during a broader crypto market downturn, but the digital asset still boasts an impressive 22.9% weekly gain against the U.S. dollar. XRP Pushes Through Market Dip Currently priced at $1.35 per coin, XRP holds a market cap of approximately $77.27 billion.
Pantera Capital Management, which launched its Bitcoin Fund in July 2013, has seen a 1,000-fold increase with returns of over 132,118%. The hedge fund started buying bitcoin back when one token cost $74.
Bitcoin emerged in 2009, it was hailed as a revolutionary alternative to traditional financial systems, aiming to enable seamless transactions without intermediaries like banks. Its core thesis as a medium of exchange—a decentralized currency designed for direct, peer-to-peer transfers—was central to its creation.
Ripple CEO Brad Garlinghouse announced in a November 26 X post that the crypto company will donate an additional $25 million to crypto super PAC Fairshake following the 2024 U.S. elections. Fairshake reportedly already has an estimated $78 million ready to go for the 2026 U.S. midterm elections. The post Ripple Donates $25 Million More To Crypto Super PAC Fairshake appeared first on Cryptonews.