Bitcoin Is Doing Something It Has Never Done Before, and It May Lead to Big Gains

According to the latest D.O.G.E report, the U.S. government's financial crisis deepened in FY2023, with a staggering $6.16 trillion in spending against only $4.47 trillion in revenue, leading to an ever-widening deficit.

Gold has long been considered the ultimate safe-haven asset for investors looking to protect their wealth during times of uncertainty. But recently, a new contender has been rising rapidly—Bitcoin.

A widely followed analyst is leaning bullish on Bitcoin (BTC) amid the flagship's rally of close to 50% over the past 30 days. The analyst pseudonymously known as Pentoshi tells his 821,000 followers on the social media platform X that Bitcoin could go up by around 82% from the current level.

Bitcoin's $100K milestone nears amidst a supply squeeze.

Bitcoin flirts with $100K after SEC Chair Gary Gensler announces resignation. Anthony Pompliano calls the timing "poetic" for crypto's biggest milestone. The post Could Bitcoin Reach $100k This Weekend? Anthony Pompliano Says It Would Be ‘Poetic' appeared first on Cryptonews.

In a recent X post, Rich Dad Poor Dad Author and Bitcoin supporter Robert Kiyosaki criticized the US Federal Reserve. Kiyosaki also lauded MicroStrategy founder Michael Saylor's Bitcoin strategy, citing the potential of BTC to avoid financial difficulties.

Altcoins posted significant gains this week buoyed by Bitcoin's rally.

The Bitcoin market has seen a surge of nearly 8.0% in the last seven days. Right now, the market is slowly inching towards the milestone of $100K. Many Bitcoin enthusiasts believe that the market could cross the 100K range within a few days. Meanwhile, prediction markets like Kalshi share an even higher expectation.

The global cryptocurrency market has increased, reflecting a 1.37% increase in the last 24 hours, bringing the total market cap to $3.34 trillion. Despite a dip in 24-hour trading volume, now at $222.84 billion (-9.15%), the Fear & Greed Index surged to 87, indicating extreme greed among investors. The cryptocurrency market has registered a 1.

Bitcoin Spot ETFs saw a surge in inflows, with $490 million recorded on November 22, marking a fifth consecutive day of positive momentum. The post BlackRock's IBIT Hits $513 Million in Daily Inflows, Bitcoin ETFs Net Value Reaches $107.488 Billion appeared first on Cryptonews.

Numerous larger-cap alts have charted mind-blowing increases over the past 24 hours.

The ongoing Bitcoin bull market has sparked renewed interest in on-chain metrics to fully understand the bullish trend behind the scenes. Earlier today, Avocado Onchain, a CryptoQuant analyst, shared his perspective on Bitcoin's market performance, focusing on the widely-used Market Value to Realized Value (MVRV) ratio.

Bitcoin's price has surged to a new all-time high of $97,457, marking a historic leap as it moves closer to the coveted $100,000 milestone. This latest rally seems unstoppable, gaining another 6% in just one day, and it's driven by a combination of factors, including political developments, strong market inflows, and the continuation of a familiar four-year chart pattern.

The crypto world is buzzing, and Bitcoin's holding strong at $98,000 is turning heads. While some coins are shooting up, others seem to be cooling off. What's driving this? Let's take a closer look at what's happening in the market right now. Bitcoin Stays Firm at $98K Bitcoin is the king, and it's showing why.

DOGE is now just 37% away from a new all-time high.

The bulls, institutions, and market participants have become highly optimistic about the crypto markets, and as a result, the tokens have begun their journey to their highs. After the Bitcoin price rally, the altcoins were expected to take over some momentum.

MicroStrategy (MSTR), the business intelligence firm known for its bold Bitcoin strategy, has made waves in the stock market. Recently, the company has not only experienced a significant surge in stock prices but also overtaken major tech giants like Nvidia and Tesla in stock trading activity.

XRP surges 18% amid speculation of SEC appeal withdrawal as Trump eyess the regulatory landscape with pro-crypto appointments.

XRP surges 18% amid speculation of SEC appeal withdrawal as Trump eyess the regulatory landscape with pro-crypto appointments.

Robert Kiyosaki has never been one to sugarcoat his opinions, and his latest defense of Michael Saylor proves it. The Rich Dad Poor Dad author lashed out at critics of Saylor's Bitcoin strategy, calling one “Mr. Big Mouth with No Balls.” Yes, he went there.

Allianz SE, Europe's second-largest insurance company and Germany's largest, has acquired nearly 25% of MicroStrategy's recent convertible note offering. The investment marks a substantial endorsement of Bitcoin by a major financial institution.

Cryptocurrency Prices Today, November 23: The broader market movement on Saturday sparked bullish momentum globally. Bitcoin remains steady at $98K, while major altcoins like ADA, XRP, and AVAX surged between 14% and 25%.

Bessent's nomination could accelerate US adoption of digital assets, potentially reshaping economic policy and global financial dynamics. The post Trump taps pro-Bitcoin Scott Bessent as Treasury secretary appeared first on Crypto Briefing.

Bitcoin miner MARA Holdings purchased 5,771 BTC for $572 million, increasing its holdings to 33,875 BTC, valued at $3.3 billion.

Van Eck says BTC can reach a price of $180,000 this cycle but warned that elevated funding rates could be showing early signs of "overheating."

Uniswap's bullish momentum builds with soaring network participation levels.

As the price of the flagship cryptocurrency Bitcoin ($BTC) hovers around the $99,000 mark the Coinbase Premium Index, which measures the price difference between BTC on Coinbase and other exchanges, has “disappeared.

BTC and XRP challenge securities classifications as a legal expert argues underlying assets are distinct from investment contracts, intensifying calls for regulatory clarity in crypto markets. BTC and XRP Lead Legal Shift in Crypto Investment Contract Standards A well-known advocate in the cryptocurrency community, John E.

With its strong upside movements to new all-time highs in the last few weeks, Bitcoin is once again dominating the general cryptocurrency landscape, triggering a huge frenzy among community members across most major social media platforms.

IntoTheBlock's data revealed a $4.5B exodus from exchanges in the last seven days. The data confirmed that whales were actively accumulating Bitcoin, as over 12% of the net outflow was attributed to large holders.

Bitcoin (BTC) has only a few hundred BTC in sell walls to conquer. At $100K, only 1,000 BTC are available, potentially creating a supply crunch.

x2B Co-Founders Michael Bressler and Benoit Bosc joins 'Closing Bell Overtime' to talk bitcoin's record rally, the x2B platform, managing risk in the crypto space and more.

Bitcoin has broken all-time highs for the fourth consecutive day, surging to an impressive $99,500. This historic price action follows a wave of bullish momentum that began after President-elect Donald Trump's victory in the US elections on November 5, further energizing both investors and analysts.

VanEck's latest Bitcoin (BTC) report reaffirmed its cycle price target of $180,000, citing strong bullish indicators that align with the current market rally. The asset manager highlighted key metrics, including funding rates, Relative Unrealized Profit (RUP), and retail interest trends, as signals that the bull market is still in its early stages.

Eric Jackson, EMJ Capital, joins 'Closing Bell' to discuss Bitcoin's recent performance, the actual use of a strategic reserve for Bitcoin, and much more.

In the crypto universe, bitcoin's quest to hit $100,000 feels like reaching the climactic level in a video game—an epic showdown that embodies years of persistence, strategy, and transformation. The $100K Milestone: A Historic Moment in Free Market Economics When bitcoin (BTC) crosses the $100,000 mark in U.S.

The Bitcoin price is well on its way to reaching the $100,000 price mark, with multiple projections saying it could do so by this weekend. Notably, the Bitcoin price reached an intraday high of $99,486 in the past 24 hours, putting it by about only 0.5% from reaching $100,000.

Bitcoin miner MARA Holdings has expanded its cryptocurrency portfolio by purchasing an additional 5,771 BTC for $572 million. The acquisition was completed at an average price of $95,554 per Bitcoin, according to the company.

An MVRV ratio of 2.7 shows that Bitcoin is still in the early stages of a bull run.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Bitwise CEO Hunter Horsley shares his thoughts on the crypto rally and whether he sees a correction coming soon.

Namecheap recorded an astounding 1.1 million bitcoin transactions with over $73 million generated in revenue. Revenue Milestone for Namecheap Using Bitcoin Namecheap has been providing domain registration services for over two decades. In 2013, they became first domain registrar to support bitcoin payments for domain services via Bitpay.

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Cboe will launch cash-settled options based on its Bitcoin U.S. ETF Index on Dec. 2, allowing market participants to trade price movements via cash settlement. The post Cboe to Launch First Cash-Settled Options on Spot Bitcoin ETFs appeared first on Cryptonews.

Cboe Global Markets Inc. announced plans to introduce the first cash-settled index options tied to Bitcoin's spot price.

The enigma surrounding Bitcoin's creator, Satoshi Nakamoto, took another twist with HBO filmmaker Cullen Hoback standing firm on his claim that Canadian software developer Peter Todd is the mastermind behind the revolutionary cryptocurrency. Despite widespread skepticism, Hoback, known for his investigative documentaries, remains convinced, fueling one of the greatest ongoing debates in the world of finance and technology.

Wednesday was the day when the funds' overall net asset worth surpassed $100 billion. The most significant inflows were $608.41 million into BlackRock's IBIT.

Bitcoin price spiked over $99,000 Friday morning, but short-term resistance is keeping it below the $100,000 milestone. With a record $3.4 trillion crypto market cap, U.S. spot bitcoin ETF inflows, and bullish call options, CoinDesk's Christine Lee explains why momentum is in favor of the bulls on "Chart of the Day.