Major asset managers, including VanEck, Bitwise, and 21Shares, have filed applications for spot Solana ETFs.
A whale recently acquired 100,000 Solana (SOL) tokens, valued at $23.86 million, sending ripples through the cryptocurrency community. The massive purchase and strategic staking of Solana's native token have fueled speculation about the future of Solana's price, with many asking: Could the asset be on track to hit the $400 mark?
Mad Money host Jim Cramer has picked bitcoin over Microstrategy's stock (MSTR), calling the cryptocurrency “a winner.” Jim Cramer Picks Bitcoin Over Microstrategy's Stock Jim Cramer, host of CNBC's Mad Money, shared his insights on bitcoin and Microstrategy's stock (Nasdaq: MSTR) during his show's Lightning Round segment this week.
There is growing optimism in the cryptocurrency space as Solana (SOL) spot exchange-traded fund (ETF) filings continue to move forward with the U.S. Securities and Exchange Commission (SEC). Recent reports indicate that the SEC is engaging with asset managers filing for Solana ETFs, signaling a promising step towards the approval of such products.
The Bitcoin price rally towards the $100,000 mark is the talk of the crypto industry. Notably, the Bitcoin price has reached new all-time highs for four consecutive days on the path to this $100,000 price level, with the latest being an intraday high of $99,645 in the past 24 hours.
Despite heightened expectations for the Bitcoin price to hit the $100,000 milestone, a crypto analyst has surmised that this key target could present psychological resistance for the pioneer cryptocurrency. Amidst this bearish warning, the coin's price's continued upward movement towards the elusive $100,000 mark has become the center of attention in the crypto community.
Bitcoin has cleared major resistance levels at $70,000, $85,000, and $99,000. The exponential moving averages (EMAs) signal a strong bullish trend, with the 50-day EMA positioned above the 100- and 200-day lines. However, the Relative Strength Index (RSI) has reached 82, indicating overbought conditions that could lead to a short-term price correction.
Bitcoin has just achieved two major milestones that reflect its ever-growing dominance in the digital currency space. On November 21, the cryptocurrency's computational power, known as the hashrate, hit an all-time high of 776 exahash per second (EH/s).
Robert Kiyosaki strongly endorsed Michael Saylor's bitcoin strategy and his $13 million BTC forecast. He urged investors to act, declaring, “Buy bitcoin today. I am.
Following the events of the past week, it is more of a matter of “when” rather than of “if” the Bitcoin price will hit a historic six-figure value. The crypto commentary channels and waves have been largely occupied with the premier cryptocurrency potentially reaching $100,000 over the last few weeks.
Solana is booming, with DEX volumes exceeding $10 billion and token burns strengthening its deflationary model.
Solana's price action in recent days has been nothing short of impressive. On the weekly chart, SOL's performance reveals a descending triangle breakout rally, following the completion of a classic cup and handle pattern.
Former President Donald Trump is taking a significant step toward reshaping the U.S. cryptocurrency landscape. Reports suggest he is assembling a specialized crypto advisory council tasked with creating a strategic Bitcoin reserve, streamlining digital asset regulations, and positioning the U.S. as a dominant player in the global crypto market.
Former star for the Chicago Bulls Scottie Pippen reveals the latest on his crypto currency adventures and the future of the industry.
NEAR Protocol's $244M TVL milestone sets the stage for further bullish momentum.
Republican Senator Cynthia Lummis says converting gold reserves into Bitcoin could strengthen the U.S. government's finances.
The financial market of 2024 feels like it's having an identity crisis. Structured and disciplined on one side, chaotic and high on adrenaline on the other.
Solana (SOL) has become one of the most talked-about projects in the blockchain space, and with good reason. In recent months, the network has surged ahead in critical metrics like daily network fees, decentralized exchange (DEX) trading volume, and real-world adoption.
The rapid growth of Bitcoin ETFs highlights shifting investor preferences, raising questions about long-term stability compared to traditional assets. The post Bitcoin ETFs could overtake gold ETFs in size within one month appeared first on Crypto Briefing.
In May 2010, programmer Laszlo Hanyecz traded 10,000 bitcoins for two pizzas. Those bitcoins would be worth $990 million at today's prices.
Bitcoin, the undisputed king of cryptocurrencies, is on the brink of achieving a historic milestone. The digital asset surged past $99,000, reaching nearly $99,400, according to Coinbase data.
US spot Bitcoin exchange-traded funds (ETFs) received over $2.4 billion in inflows last week. In contrast, China-based ETFs experienced significant outflows, with over $2 billion withdrawn during the same week.
Dive into Cipher Mining's Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and plans for AI/HPC. Discover what's next for this Bitcoin miner! The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov.
Since Solana (SOL) is just a stone's throw from the $300 price level, the fourth-largest cryptocurrency shows intensified resilience to reaching the psychological zone of $500.
Ethereum (ETH) has been experiencing a period of relative stability above the $3,000 mark, but recent fluctuations in the ETH/BTC pair are catching the attention of investors. As the ETH/BTC pair hits its lowest level since 2021, traders from key markets such as Korea and the U.S. are seizing the opportunity to accumulate Ethereum, believing the token is undervalued at current prices.
Tron (TRX) is enjoying a significant surge in the crypto markets right now. The 10th largest cryptocurrency by market capitalization posted a new 6-year high above $0.21 earlier today.
As crypto buyers and enthusiasts eagerly await the anticipated alt season, Bitcoin effortlessly makes new ATH every 12 hours. Simultaneously, three coins have emerged as red-hot picks: $MASH, SUI, and TON.
Bitcoin ETFs are seeing record inflows while Chinese ETFs are experiencing historic outflows, revealing future trends.
The price of Bitcoin picked up this week from where it left off in the previous week, forging successive all-time highs in the past seven-day span. Over the last few days, the big question on everyone's mind has been — when will the premier cryptocurrency surpass the $100,000 level?
Bitcoin miners have been actively reducing their holdings in recent weeks as the coin's price continues to hover below the critical $100,000 mark. At press time, the leading coin trades at $98,535, noting a 1% decline from its all-time high of $99,860 recorded during Friday session.
Bitcoin (BTC) continued to make headlines Saturday as it approached the highly anticipated $100,000 milestone. Notably, earlier the previous day, the leading cryptocurrency updated its historical high, reaching $99,655 before recoiling slightly.
As Bitcoin continues its race to break the $100,000 mark, altcoins are raking in massive gains. Ethereum (ETH), the second-largest cryptocurrency, climbed 3.25% to $3,424.59 on Saturday, but its weekly gains of 7.83% exceed that of Bitcoin, CryptoSlate data indicates.
The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. Bitcoin pushed the financial innovation envelope in many directions.
"[T]he SEC is now engaging with issuers on this product, which is obviously a positive sign," says ETF Store President Nate Geraci.
In a recent blog post, VanEck's Digital Assets Investment Analyst Nathan Frankovitz and Head of Digital Assets Research Matthew Sigel report that Bitcoin's price has surged in a high-volatility, post-election rally. The VanEck analysts state that Bitcoin is now in uncharted territory with no technical price resistance.
Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.
The Solana blockchain is witnessing a surge in activity due to a growing frenzy around meme coins.
Robert Kiyosaki, the famous author of the best-selling finance book Rich Dad Poor Dad, has ripped into an anonymous gold bug for criticizing Microstrategy's Bitcoin plan. The author described the anonymous individual as a loudmouth, labeling them a hypocrite for attacking Microstrategy CEO Michael Saylor.
XRP has experienced a huge surge recently, and it's not alone. ADA and SOL are also seeing gains, with XRP leading the way. Ripple's community seems to be thriving, and the momentum is still strong.
VanEck has reaffirmed its ambitious $180,000 price target for Bitcoin, forecasting this milestone at the peak of the ongoing market cycle. The post VanEck Reaffirms Bold $180K Bitcoin Price Target for Current Cycle appeared first on Cryptonews.
Bitcoin has finally reached the monumental $100,000 mark. While some exchanges show it just shy at $99,800, others like Coinbase are already celebrating Bitcoin over $100K. Regardless of the exact number, the milestone is here, and it's generating a massive buzz.
Vaneck analysts Nathan Frankovitz and Matthew Sigel believe bitcoin's price surge to record highs reflects a transformative moment for the digital asset, with a potential cycle target of $180,000 driven by favorable U.S. regulatory developments.
As Bitcoin (BTC) hovers near $100,000, momentum indicators suggest the asset will likely see further upside beyond this much-anticipated level.
A crypto analyst who accurately forecasted the Bitcoin price increase to the $99,000 All-Time High (ATH) has just released a more detailed analysis of his prediction. The analyst shared a chart highlighting crucial technical indicators and price movements that suggest the cryptocurrency could be gearing up for an even higher ATH.
Bitcoin approaches the $100,000 milestone, driven by surging ETF demand even as long-term holders take profits.
A popular cryptocurrency analyst who accurately predicted the ongoing Solana price surge has made another bold prediction as the coin rally gains steam. Solana Price Forecast As Pro Makes Bold Prediction In an X post, Crypto Bullet, an analyst with over 141,000 followers, predicted that the SOL price would jump to as high as $600
Rich Dad Poor Dad author Robert Kiyosaki lauds Michael Saylor as a “genius” for leveraging MicroStrategy's resources to build a multibillion-dollar Bitcoin cache.
Justin Bons, founder and CIO of Cybercapital, a European cryptocurrency fund, alerted about the vulnerability of smaller parties in the case of a bitcoin bank run. A price drop event would trigger the hypothetical event, forcing miners to shut down their operations due to unprofitability and affecting network operativity.