Bitcoin (BTC) recently experienced a sharp decline, dropping by 9% from its all-time high (ATH) of $99.5K to $90.7K in a matter of days. The sudden price slump, attributed to panic selling by short-term holders (STH), stirred considerable market concern.
The cryptocurrency market has been on a rollercoaster, with Bitcoin recently reaching an all-time high of $99,645. This milestone marked a wave of optimism, driven partly by Donald Trump reclaiming the U.S. presidency.
As Shiba Inu's trading volume falls to alarming levels, the company finds itself at a turning point. A declining volume may halt any upward momentum for the token by indicating a lack of confidence among traders in addition to posing liquidity issues.
The Dogecoin price action has returned into a bullish trend in the past 24 hours after spending the majority of the past seven days on a correction path. Particularly, the Dogecoin price is currently up by about 4.5% in the past 24 hours.
BNB's breakout and positive metrics suggest further bullish momentum in the coming days.
Ken Sim, the mayor of Vancouver, has proposed exploring Bitcoin as part of the city's financial strategy. He suggested that a Bitcoin reserve would help the city diversify its financial resources.
Vaneck, one of the largest investment funds in the U.S., has highlighted the benefits that El Salvador has experienced since President Bukele arrived in office and adopted a bitcoin strategy. Vaneck Celebrates Bukele's Bitcoin Gambit and His Vision for El Salvador Vaneck, one of the largest asset managers in the U.S.
Crypto analyst KrissPax has predicted that the Dogecoin price can rally to as high as $3 in this market cycle. The analyst further explained how the foremost meme coin will reach this price target using the Logarithmic scale.
New data from crypto security firm ImmuneFi reveals that hackers and fraudsters stole tens of millions of dollars with the blockchain of Binance being their top target.
Dennis Porter, CEO and co-founder of the Satoshi Action Fund, recently stated that he is sure that many nation-states will follow in Brazil's footsteps, introducing strategic bitcoin reserve regulations. Multiple Strategic Bitcoin Reserve Proposal Would Be in the Works Bitcoin adoption at a nation-state level seems prepared for liftoff.
A well-known gold advocate denounced MicroStrategy's investment plan to purchase more Bitcoin and build up its crypto reserve. Peter Schiff, a vocal critic of the firstborn cryptocurrency, also slammed the pro-crypto stance of President-elect Donald Trump, arguing that it is detrimental to the country.
BNB Price is just 10% away from its previous all-time high, surging 181.79% this year as it continues to display strong market performance. However, recent indicators, including the ADX and Ichimoku Cloud, suggest that the current uptrend may be losing steam.
Experts are thrilled about the chances that XRP, the cryptocurrency linked to Ripple, will hit new heights. Recent trends show that it could reach $20 if it can regain its 2017 high against Bitcoin.
Solana price extended its decline on Thursday, trading at $235 at the time of writing after dropping 2.5% of its value on the daily chart. The crypto coin has lost 11% from its all-time high of $264 set five days ago, underlining the pressure from profit-taking.
The Swiss canton Bern voted in favor of a legislation commissioning a report on the viability of Bitcoin mining in using excess power generation. Switzerland remains a top crypto friendly country with hydroelectric power and a suitable cool climate.
Bitcoin climbed back to the key $95,000 threshold on Thursday after the release of the personal consumption expenditures (PCE) price index, which came in as expected, according to QCP Capital. Bitcoin and Ether on the Rise The rebound marks a steadying of the crypto market, with bitcoin (BTC) finding a solid foothold at critical levels.
Ripple (XRP) has surged 181.38% in the past 30 days, demonstrating strong market momentum. After reaching $1.63, XRP is now consolidating, with its RSI at a neutral 53.2, signaling balanced market conditions.
Lawmakers in the Switzerland Canton of Bern have made history by passing a Bill to explore the impacts of Bitcoin mining in the region. Months after the bipartisan effort to drive adoption began, the bill finally passed with a landmark majority.
Swiss policymaker Samuel Kullmann garnered a sweeping majority of votes for a Bitcoin mining study focused on optimizing the local power infrastructure.
Bern's Bitcoin Parliamentary Group is calling the commissioning of the report a victory, although the executive branch is opposed to it.
Ex-Commodity Futures Trading Commission chair Chris Giancarlo has predicted that the U.S. Securities and Exchange Commission is likely to end its simmering lawsuit with blockchain payments startup Ripple, with its chair Gary Gensler set to resign in January.
Samuel Kullmann, a member of the Swiss canton of Bern parliament, passed legislation to explore Bitcoin (BTC) mining as a potential solution to address surplus electricity production in the region.
The founder of the Cardano (ADA) blockchain Charles Hoskinson is leaning bullish on Bitcoin (BTC). Hoskinson says Bitcoin could skyrocket by up to 436% from the current level within two years. According to the Cardano founder, Bitcoin's surge will be fueled by growing demand.
Bitcoin recently experienced a small retrace from its all-time high of $99,800, dropping to a low of $90,700. Despite this pullback, the price action remains bullish as BTC shows resilience and recovers from the dip.
Is Bitcoin the future of pensions or a ticking time bomb for retirees' savings?
A wallet linked to Ethereum co-founder and core developer Jeffrey Wilcke moved a huge chunk of 20,000 ETH worth millions of dollars to U.S. cryptocurrency exchange Kraken.
New data from market analytics firm IntoTheBlock reveals that over 90% of Ethereum (ETH) holders are now in the green.
Ethereum price has struggled to find its rhythms above USD 3,500 mark despite the recent rally. However
Bern's exploration of Bitcoin mining could position it as a leader in crypto innovation, potentially boosting local economy and renewable energy use. The post Switzerland's Canton of Bern approves proposal to explore Bitcoin mining as solution to energy waste appeared first on Crypto Briefing.
Bitcoin (BTC) is approaching a $2 trillion market cap, currently at $1.89 trillion, after rising 38% in the past month and breaking new all-time highs in November. Expectations remain high as BTC price nears the $100,000 milestone, a level it is less than 5% away from reaching.
Bitcoin continues to defy bearish predictions, trading above the crucial $95,000 level and gaining over 3% in the last 24 hours. While the cryptocurrency market is known for its volatility, Bitcoin's resilience today is a testament to the factors supporting its bullish momentum.
Top American Bitcoin miner Marathon Digital (renamed to MARA) has added an additional 6,474 Bitcoin worth roughly $615 million through its recent 0% $1 billion convertible notes offering. The Bitcoin mining giant has set aside $160 million in remaining proceeds to buy more of the leading cryptocurrency at market dips.
Bitcoin (BTC) continues to face resistance at the psychologically important $100,000 threshold, and there has been a shift in investor focus from BTC to altcoins. Notably, tokens that rallied in the 2021 bull run and metaverse tokens like Decentraland (MANA) and Sandbox (SAND) have witnessed a resurgence in trade volume across centralized exchanges like Upbit.
Altcoins are regaining dominance in bull runs after meme tokens took the lead.
The parliament of the Swiss canton of Bern has passed legislation to study Bitcoin mining, according to Samuel Kullmann, a Bitcoin-friendly member of the right-wing populist Federal Democratic Union of Switzerland (EDU) party.
The price of Ethereum (ETH) has bounced back after crossing the $3,400 mark. The largest altcoin has reached a high of $3,570 at the time of writing.
Embattled crypto lending platform Celsius is announcing a plan to distribute hundreds of millions of dollars worth of Bitcoin (BTC) and cash to its creditors.
Metaplanet announced today that it will be issuing its Moving Strike Stock Acquisition Rights. The business will strengthen its position as Asia's first Bitcoin Treasury Company.
Total TVL has increased by more than 205% from $16.6 billion in November 2023. The increase to more than $51 billion TVL was mainly caused by Arbitrum One and Base.
The recent overturning of Tornado Cash sanctions has sparked significant excitement in the crypto industry.
Ethereum (ETH) co-founder Jeffrey Wilcke transferred 20,000 ETH, equivalent to over $72 million, to Kraken on Nov. 28. His wallet still holds 106,006 ETH.
The Ethereum (ETH) price rallied by about 10% on Wednesday to clear the $3,550 resistance zone very swiftly. Interestingly, this bullish price action has led to a bullish signal on a popular indicator used for predicting price outlook.
November has been a standout month, with multiple assets reaching new highs. Real World Assets (RWAs) are no exception.
MARA grows BTC holdings to 34,797 BTC, valued at $3.3B, following a $1B convertible note offering and 6,474 BTC purchases in November
MicroStrategy, once hailed as a trailblazer for its audacious Bitcoin (BTC) investment strategy, is now under the microscope after a dramatic $30 billion loss in market capitalization within four days. This steep decline, triggered by Bitcoin's price correction, has reignited debates about the risks of the company's heavily leveraged crypto-centric approach.
Over the last 24 hours, XRP has witnessed significant token transfers. WhaleAlert noted the two large XRP transactions totaling about 44 million XRP. Notably, both transactions involved moving substantial amounts of XRP from prominent exchanges to unknown wallets. The most recent transaction involved the transfer of 18.7 million XRP, valued at approximately $27.
A closely followed crypto analyst says he believes Bitcoin (BTC) may be on the verge of a Thanksgiving breakout. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 91,000 followers that Bitcoin may surge by nearly 4% during the holiday.
Bitcoin today celebrates the 12th anniversary of its first halving, a historic event that halved miners' rewards from 50 to 25 BTC per block. This date marks the beginning of a series of transformations that have shaped the economy of Satoshi Nakamoto's invention, now valued at over 95,000 dollars.