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.

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.

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

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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:

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.

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.

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.

Japan's Metaplanet has been gathering up Bitcoin for around six months and now wants to enter the crypto media space launching a local version of Bitcoin Magazine.

Bitcoin experienced a significant drop from $98,500 to $95,500 Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures.

BTC's order book shows executed bullish flow isn't being replenished, leaving sellers in a more dominant position, according to data tracked by FalconX. The overall market depth has weakened amid the price rally.

Bitcoin's declining dominance fuels altcoin momentum - but is this the start of something long-lasting?

Metaplanet finalized a deal with BTC Media to launch Bitcoin Magazine in Japan, offering localized content for the community. The post Metaplanet Finalizes Exclusive License to Bring Bitcoin Magazine to Japan appeared first on Cryptonews.

The crypto prices today have triggered global investor speculations as Bitcoin (BTC) and major altcoins showed weakening price trends. Meanwhile, The Sandbox (SAND) and Decentraland (MANA) emerged as top gainers.

Bitcoin is currently down by more than one percent and is trading slightly above the $98k mark. After hitting an ATH of $98655, the cryptocurrency hit reverse and even dipped below the $96k mark.

After signing a memorandum of understanding (MoU) with Bitcoin Magazine on July 26, 2024, Metaplanet Inc. (Tokyo: 3350) has announced the definitive agreement to launch Bitcoin Magazine Japan. According to the announcement, Bitcoin Magazine Japan will help Metaplanet to become a leading driving adoption force in the country ahead.

Bitcoin price is consolidating below the $100,000 resistance. BTC bulls might soon attempt to breach the stated milestone and push the price further higher.

Cantor Fitzgerald is deepening its crypto ties as its chief prepares to assume his role as Commerce Secretary after Trump's nomination.

Bitcoin's hasty retreat from $100K sparks massive liquidations on Binance, OKX, and HTX.

The cryptocurrency market suffered a $495 million liquidation wave in the past day, driven by steep corrections in Bitcoin and XRP. Bitcoin fell to $95,000, triggering mass sell-offs, while XRP plunged over 10%.

Ripple CLO hails landmark victory against SEC Chair Gensler, boosting XRP's market outlook amid speculation of a pro-crypto SEC leadership shift.

Wall Street powerhouse Cantor Fitzgerald plans to launch a multibillion-dollar lending program using bitcoin as collateral, potentially reshaping crypto-backed financing and deepening ties with Tether Holdings.

Bitcoin has surged past the $99,800 mark, setting a new all-time high as it inches closer to the psychological $100,000 barrier. While the milestone signals remarkable strength, the price has yet to claim this key level, leaving investors in suspense.

Litecoin (LTC) has gained considerable momentum, surging by 7.40% in the latest price action. This surge marks a positive reversal after the token broke above the 61.80% Fibonacci level at $88.84.

The decline pushed long liquidations to an 11-day high, exceeding $344 million, while shorts incurred losses of approximately $136 million.

Bitcoin (BTC) is nearing a critical juncture in its price trajectory, with many analysts speculating on the potential for a parabolic bull run. Ki Young Ju, the CEO of CryptoQuant and a prominent crypto analyst, has shared two compelling scenarios that could lead Bitcoin to extraordinary price levels in the coming months.

As whale activity increases and the price approaches crucial resistance levels, Dogecoin has been garnering a lot of attention. Market conditions point to the potential for another wave that aims for the eagerly awaited $1 mark following a robust rally that lifted the meme coin above $0.5.

Dogecoin, XRP, Stellar and Sandbox saw a larger liquidation share than usual as some top altcoins from the 2020-2021 cycle soared as high as 50%.

The head of South Korea's top financial regulator has dismissed the notion of creating a national Bitcoin reserve “for the time being.” The post South Korea's Top Regulator Dismisses Talks of Building National Bitcoin Reserve appeared first on Cryptonews.