The crypto market has turned green after the Sunday correction.

Peter Brandt, a skilled commodities trading expert has issued comment on a tweet about the important historic price peak reached by Bitcoin back in 2017.

With $7 billion inflows into the cryptocurrency market in a single day, Bitcoin's quest to reach the $100,000 milestone has accelerated. This inflow suggests increased interest from both institutional and individual investors, which could pave the way for Bitcoin to break through the psychologically important price threshold.

Wall Street firm Cantor Fitzgerald has acquired a 5% stake in Tether for up to $600 million while launching a $2 billion Bitcoin lending program, marking a major fusion of traditional finance with cryptocurrency markets.

The Sandbox (SAND) token has broken its long-term downtrend with a 53.39% surge to $0.6112, accompanied by a 557.67% increase in trading volume to $1.87 billion and a 134.61% spike in open interest, suggesting strong market confidence in further upside potential.

Bitcoin retreated to $97,000 after reaching $99,800 as record profit-taking of $443 million and market manipulation through spoofing prevented the cryptocurrency from breaking the $100,000 barrier, while overall market structure remains robust with strong institutional participation and growing mainstream adoption signals.

South Korea's Financial Services Commission has decided against implementing national Bitcoin reserves for now, citing the need to observe international developments and ensure proper investor protection, despite cryptocurrency trading volumes exceeding stock market activity in the country.

According to South Korean news platform Newsprime, South Korea's Financial Services Commission (FSC) is grappling with increasing calls for a national Bitcoin reserve as global cryptocurrency adoption accelerates. Chairman Kim Byung-hwan recently addressed these requests, stating that while the idea of a Bitcoin reserve remains “distant,” it is not entirely ruled out.

Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.

Bitcoin's latest blistering rally has had the market on tenterhooks waiting for the world's largest cryptocurrency to surpass $100,000 for the first time. But the digital currency failed to clinch the lofty target by a whisker after topping out just below $99,600 at the end of last week.

Sui (SUI) dominates the upcoming cliff-based token unlocks this week with 64.19 million tokens valued at $213.77 million, representing 2.26% of its circulating supply. The protocol leads a fleet of unlocks scheduled between November 25 and December 2.

"Ripple provided the blueprint to defeat Gary Gensler's inexplicable war on crypto," Alderoty stated.

DOGE, XRP and XLM are the most traded cryptocurrencies on Upbit since Donald Trump's election victory. The latest activity points to a pivot toward metaverse tokens.

Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts.

With the broader market recovery, the altcoin segment has been set ablaze. In this heating demand, the Metaverse tokens are making a comeback. With Decentraland and Sandbox tokens surging nearly 200% in the past three weeks, the bull run is aiming for an extended rally.

Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.

Bitcoin is edging closer to the symbolic $100,000 mark, with market forecasts suggesting it could surpass that milestone in 2024.

Bitcoin exchange-traded funds (ETFs) saw significant inflows during the week of Nov. 18-22, as investors moved $2.42 billion into spot Bitcoin ETFs.

Dogecoin hit a three-year high of $0.48 on Nov. 23, 2024, fueled by growing speculation around Elon Musk's X platform.

Tether may take part in Cantor's multi-billion dollar bitcoin financing program. The latter already owns a 5% stake in Tether and custodies its U.S. Treasuries.

Bitcoin's price has fallen to $96,256, retreating from its recent high of $99,645 achieved on Nov. 22.

The GameFi and Metaverse sectors have taken charge of the next leg of the crypto market rally with The Sandbox (SAND) price gaining almost 100% in the last 2 days. Apart from SAND, other market players like Decentraland (MANA), Gala (GALA), and Axie Infinity (AXS) have also staged strong gains over the past week.

On Nov. 23, 2024, Wrapped Bitcoin (WBTC) experienced a sharp flash crash on the Binance exchange, with its price briefly dropping to $5,200.

Bitcoin Hits Another All-Time High on Trump's Election Win. Is There More to Come?

The non-fungible tokens (NFTs) sector has seen prolonged underperformance as trends such as meme coins, RWA, and AI dominate the cryptocurrency marketplace. However, the emerging bull run, where Bitcoin stares at the $100,000 milestone, has invigorated each sector. CryptoSlam data shows NFTs performed well over the past few sessions.

BitMEX founder and crypto veteran Arthur Hayes is laying out bullish outlooks for Bitcoin (BTC), Dogecoin (DOGE) and the broader digital asset market cycle. In a new discussion on the Alpha Only podcast, Hayes says traditional finance (TradFi) firms could be what triggers froth and a subsequent collapse in crypto valuations.

Bitcoin's rally above the $95,000 mark triggered a strong phase of accumulation among retail investors. Bitcoin (BTC) recorded an exchange net outflow of $6 billion over the last seven days — $3.9 billion on Nov.

The South Korean FSC remains cautious of digital assets in the wake of domestic calls for a Bitcoin reserve after the U.S takes a bullish stance on crypto.

If you've been following Bitcoin's rise, South Korea's latest move might surprise you. While the US plans bold steps with Bitcoin, it is holding back. The Financial Services Commission (FSC) has ruled out creating a national Bitcoin reserve. Their reason? It's all about caution, investor safety, and keeping things stable.

Bitcoin made a shocking comeback after a sharp fall below $95,900 as investors prepared for Thanksgiving.

Robert Kiyosaki, the author of "Rich Dad Poor Dad," has shared yet another outlandish price prediction with his 2.6 million followers.

Key Points:

Sky Mavis cut 21% of its workforce to focus on core products, with the CEO claiming it wasn't due to financial issues. The post Axie Infinity Creator Sky Mavis Lays Off 21% as Part of Restructuring appeared first on Cryptonews.

Bitcoin (BTC) experienced a sharp price decline, falling from last week's high of $98,500 to a low of $95,500 during late US trading hours on Sunday. The 3.5% drop marked a technical pullback driven by profit-taking as the token approached the significant $100,000 milestone.

With Bitcoin above $100,000, MicroStrategy aims for new records: the stock could reach $500.

Open interest for Bitcoin and Ethereum in futures markets each hit a new all-time-high in the past 24 hours of trading, following Bitcoin's flirtation with $100,000. On Nov.

Key Points:

The crypto market today has been steady with its numbers, registering a slight uptick of 0.47% since the past day, taking the market cap to $3.35 trillion. However, the intraday trading volumes have taken a hit of 1.91% to $198.43 billion.

Michael Saylor's MicroStrategy is at it again, with rumors swirling about a potential Bitcoin buying spree over the weekend. Analysts speculate the company might acquire up to 100,000 BTC, aligning with the QQQ index rebalancing on Black Friday. Crypto enthusiasts are anticipating a major announcement on Monday, which could send ripples through the market.

Wrapped Bitcoin (WBTC) experienced a flash crash on Binance that caused it to briefly plunge to $5,200 before rebounding to its normal levels.

Bitcoin is holding steady at around $98,000 after a volatile 24-hour period, and liquidations have exceeded $500 million across the cryptocurrency market.

Bitcoin has been the cornerstone of the cryptocurrency market, holding the lion's share of value and investor trust. However, the tides appear to be shifting as its market dominance weakens.

Sky Mavis has laid off 21% of its workforce The web3 firm said the decision was not related to its finances.

The layoff reflects a strategic move to focus on its projects, including a new Axie Infinity game, according to its CEO.

Texas has implemented a new regulation requiring Bitcoin miners connected to the ERCOT grid to register and provide critical information about their operations. The post Bitcoin Miners in Texas Required to Register and Reveal Operational Details appeared first on Cryptonews.

For quite a long time, NFT space remained under shadows as the newly created space has dominated the crypto markets. Moreover, the rising interest of the market participants in memecoins had prevented the other segments of the crypto space to thrive.

Bears are set to capitalize on BTC's ATH volatility, triggering long squeezes and trapping it in a relentless loop.

As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.