All eyes in the crypto community were on bitcoin last night as the asset was expected to finally hit the coveted milestone of $100,000. Although it came just $250 away on most exchanges, BTC failed to do so and has retraced by around a grand. However, Dogecoin has emerged to catch the attention now, with…
This week, the total cryptocurrency market exploded above $3.4 trillion for the first time in history, adding close to $400 billion in the process. This comes on the back of considerable gains across the board, including Bitcoin, Ethereum, Solana, Ripple, Cardano, and more. Let’s start with Bitcoin – the primary cryptocurrency that has been teasing…
TL;DR Ripple (XRP) hit $1.40, boosted by news of SEC Chair Gensler’s upcoming resignation, sparking hopes for a more crypto-friendly regulator. The Shiba Inu team warns against scammers targeting its community with fake tokens and services. Bitcoin (BTC) climbs toward $100K, driven by Trump’s pro-crypto stance, with analysts eyeing further highs. XRP Leads the Altcoin…
Around 29,000 Bitcoin options contracts will expire on Friday, Nov. 22, and they have a notional value of around $2.84 billion. Today’s options expiry is slightly smaller in magnitude than last week’s, but spot crypto markets are on fire, with peak prices being hit by several assets. A huge $9 billion expiry event will occur…
Bitcoin skyrocketed above $98,000 on Thursday, hitting a new peak as its market cap neared $2 trillion. Investor optimism surrounding Donald Trump’s presidential win has sparked speculation that his leadership could lead to crypto-friendly policies, which has contributed to the surge. As a result, the leading cryptocurrency has gained over 44% since the November 5…
Bitcoin is on the verge of reaching $100K. To many, this may seem like the ultimate milestone and it’s been one that investors have been looking forward to for a long time. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart In terms of daily timeframe, it is evident that the price has been rapidly…
Due to Bitcoin’s persistent rally over the past week, the cryptocurrency’s market cap is a few steps away from hitting $2 trillion, and social media is abuzz with excitement. A tweet by on-chain analytics platform Santiment revealed that social media is bustling with speculation on which cryptocurrencies may experience top isolated rallies in the coming…
Bitcoin’s market capitalization hit an all-time high of $1.93 trillion on Thursday, Nov. 21, when the asset reached a record high of $97,850. This means that its market cap is now larger than the world’s sixth-largest company, Saudi Aramco, and just $230 billion behind e-commerce giant Amazon. The firm, also known as the Saudi Arabian…
After a week-long consolidation with a few corrections below $90,000, bitcoin’s bull run resumed yesterday, and the asset charted a fresh peak of just over $94,000. On-chain and social data indicated that the asset’s rally could be far from over, and the question arises of whether it has the legs to go to the coveted…
Just under a whopping 9,000 BTC was accumulated by spot Bitcoin ETFs in the United States on Tuesday, Nov. 19. This equates to around $814 million in total aggregate inflows across the eleven funds, according to Coinglass. Around 450 BTC are mined daily, which means that a huge supply shock is imminent if institutional funds…
It has taken bitcoin less than seven days to break its all-time high (again) and chart a new one of just shy of $94,000. This has put its market capitalization to around $1.850 trillion, which makes it the seventh-largest asset by that metric in the world. Bitcoin/Price/Chart 19.11.24. Source: TradingView The primary cryptocurrency went on…
In a bid to grow its Bitcoin portfolio, Tokyo-listed Metaplanet has announced a new debt issuance during a Board of Directors meeting held on November 18th. The filing shows that the company plans to sell one-year ordinary bonds worth 1.75 billion yen—$11.3 million—with an annual interest rate of 0.36%. The entire amount raised will be…
TL;DR Cathie Wood predicts BTC could reach $650,000 by 2030, citing regulatory shifts and institutional adoption as key drivers. Analysts expect further gains, with targets up to $245,000 next year. Bullish as Usual Bitcoin (BTC) has performed impressively in the past week, with its price pumping above $93,000 on November 13. In the following days,…
Investment in digital assets saw an influx of $2.2 billion last week, increasing total inflows since September’s rate cuts to $11.7 billion and lifting the year-to-date total to an all-time high of $33.5 billion. While $3 billion flowed in during the early part of the week, a rise in Bitcoin’s price triggered $866 million in…
Bitcoin (BTC) and the rest of the crypto market have been booming since Donald Trump’s win in the U.S. presidential election on November 5. While institutional capital has played an instrumental role in the current rally, retail investors are not far behind. Bitcoin Retail Investors New data points to a sharp rise in retail investors…
Crypto markets held on to gains over the weekend, and Bitcoin has remained in command, dominating the sector while the rest continue to sleep. Last week’s CPI data were in line with expectations, while producer-prices inflation was above estimates. However, markets retreated after Fed Chair Jerome Powell commented that policymakers are now on a more…
The trailing 12-month percentage change for all items in the Consumer Price Index (CPI) fell to 2.6% in October, according to the latest US Bureau of Labor Statistics data out Wednesday. That may signal the beginning of a bull market in dollar-denominated assets across the board as the economy roars into 2025. The CPI measures the…
Despite bitcoin’s (BTC) remarkable ascent to $93,400 over the last few days, analysts at the market analytics platform CryptoQuant say the cryptocurrency is still not overvalued and that the $100,000 region could be its next victim. According to a weekly report, the Trader On-chain realized max band suggests that BTC could crush the $100,000 target…
The Bitcoin price has been rallying rapidly over recent days, breaking past multiple historical and psychological resistance levels. Many market participants are now expecting BTC to reach $100K soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the market has been aggressively surging following a bounce from $70K. The $80K…
Bitcoin experienced a short-term pullback at the end of the business week, slipping below $87,000 briefly after registering its latest all-time high of nearly $94,000 on Wednesday. However, the worst could be over as the asset has recovered most of the losses and currently sits above $91,000. At the same time, on-chain factors have emerged…
Matthew Sigel, VanEck’s Head of Digital Research, has painted a promising future for Bitcoin going into 2025. According to him, the world’s largest cryptocurrency could reach successive all-time highs (ATH) over the next few quarters, potentially climbing as high as $180,000. Bitcoin’s Current Market Trajectory In a November 14 interview on CBNC, Sigel suggested that…
It was somewhat inevitable that bitcoin will eventually retrace after it skyrocketed by more than $25,000 in about a week to tap a fresh all-time high of $93,800 on Wednesday. Here are some of the potential reasons why the asset tumbled from $92,000 on Thursday to under $87,000 on Friday morning. Bitcoin/Price/Chart 15.11.2024. Source: TradingView…
Around 38,500 Bitcoin options contracts will expire on Friday, Nov. 15, and they have a notional value of around $3.4 billion. Today’s options expiry is pretty similar in magnitude to last week’s, as markets have remained buoyant for most of the week. However, analysts have cautioned that a correction is due following the largest rally…
TL;DR Experts foresee a substantial upward movement for ETH, expecting it to quickly gain ground after BTC stabilizes. Key on-chain metrics suggest lowered selling pressure and growing investor interest, hinting at a possible bullish phase for the asset’s price. ETH Bull Run on the Horizon? Despite experiencing a 14% price increase over the last week,…
The recent U.S. elections campaign brought surprises and drama on multiple fronts, even before the results came through. However, one standout trend emerged as an outlier: crypto has moved from the fringes to the heart of the electoral stage. Moreover, the community has become a key demographic, heavily courted throughout this election cycle. The Race…
Bitcoin (BTC) continues to rally to new all-time highs daily, with crypto investors wondering which price level will be the next victim of the cryptocurrency’s upward momentum. While market participants speculate on which price would be bitcoin’s final destination for this bull run, analysts have outlined on-chain conditions to look out for in the future….
Bitcoin’s price has been on a whopping run that drove it from $68,000 on US election day just over a week ago to a fresh all-time high of over $93,000 earlier this morning. After gaining roughly $25,000 within the span of less than ten days, the crowd has expectedly turned highly bullish and the levels…
Bitcoin prices hit another all-time high in late trading on Wednesday, Nov. 13, when it tapped $93,477, according to CoinGecko. However, the asset had since retreated to around $90,000 during the Thursday morning Asian trading session. The correction was a blip as BTC continued higher adding to its 20% weekly gains. Bitcoin has now added…
It didn’t take long for bitcoin to resume its bull run and spike above $90,000 to chart a fresh all-time high, this time at roughly $92,000. This comes despite some reports indicating that BTC miners have started to take profits to cover certain expenses. There’s a lot going on with BTC’s price in the past…
TL;DR Certain on-chain metrics suggest overbought conditions, flashing the sell signal on BTC. The Fear and Greed Index is currently in the “Extreme Greed” zone, which could indicate a local top and a subsequent price decline. The Bearish Signals Bitcoin (BTC) has been the talk of the town recently. It entered a massive bull run…
As Bitcoin continues to break into uncharted territory frequently, a previously dormant wallet has come to life after more than a decade of inactivity. According to the popular crypto tracker, Lookonchain, a Bitcoin wallet that has been dormant for 13 years, has made a significant transaction. The entity, which holds 426.3 BTC worth around $36.62…
Bitcoin has surged to a new all-time high, approaching the $90K threshold in an impulsive rally. The combination of another Federal Reserve rate cut and President Trump’s re-election has fostered a risk-on sentiment in the markets, driving demand for risk assets like Bitcoin. Technical Analysis By Shayan The Daily Chart On the daily chart, Bitcoin’s…
The unprecedented events surrounding this bull season, like bitcoin (BTC) hitting an all-time high before the halving, have led traders to think the digital asset may follow a pattern not seen in past cycles. Recently, there have been speculations that BTC may complete its bull run this year or by January 2025. However, some market…
Chinese fabless integrated circuit design company Nano Labs has announced that it has opened a Coinbase account and begun accepting Bitcoin payments for its products. Its decision to expand its global transaction options coincides with Bitcoin reaching an all-time high of $90,000. Nano Labs Turn to Bitcoin In its official press release, Nano Labs stated…
Bitcoin (BTC) has been on a bullish price movement for over a week, fueled by Donald Trump’s presidential election victory. The leading cryptocurrency has unlocked multiple all-time highs (ATHs), tapping $90,000 earlier today. Arthur Hayes, the co-founder of the BitMEX crypto exchange, believes that the crypto asset could attain a price height of $1 million…
About a week ago, bitcoin (BTC) shattered its March all-time high (ATH) of $73,737 as the crypto market got excited about Donald Trump’s win in the United States presidential elections. Since then, the crypto asset has recorded a new ATH almost every day; it was worth $87,100 at the time of writing after it was…
It has been nothing short of a spectacular week for the cryptocurrency market, led by the largest of the bunch, which continued to chart new peaks, with the latest coming hours ago. The total crypto market cap saw a high of its own at over $3.1 trillion. However, the most mind-boggling price surge is coming…
Total crypto market capitalization hit an all-time high of $3.12 trillion during early trading in Asia on Tuesday, Nov. 12. This has now topped the $3.08 trillion market cap peak hit in November 2021, almost three years ago to the day. “Crypto market hits a $3 trillion market cap, returning to levels last seen in Nov….
Bitcoin’s price is all the rage right now, charting one all-time high after another and raging on during its price discovery phase. At the time of this writing, the cryptocurrency exploded above $88,000, increasing by a massive 10.6% in the past 24 hours alone. Source: TradingView Last week, when Donald Trump won the 2024 US…
Bitcoin’s price keeps surging today, reaching a new all-time high above $86,000. The most recent surge seems to be propelled by the announcement of MicroStrategy’s latest BTC buy, among overall positive market sentiment. Bitcoin Price Soars Above $86,000 BTC is surging today, charting gains of more than 6.8% in the past 24 hours and is…
TL;DR Bitcoin (BTC) has surged past $80,000, with analysts eyeing further peaks potentially reaching $220,000. Despite the optimism, some metrics like the high RSI suggest the asset’s price may face a short-term correction, while some investors caution about a minor chance of a severe downturn. Is There Room for More Growth? Bitcoin (BTC) has been…
It’s hard to keep track these days for the price increases in the cryptocurrency industry. Just today, bitcoin managed to chart a new all-time high several times, with the latest, for now, coming at nearly $85,000 minutes ago. The altcoins are also on the move and these fluctuations have led to substantial pain for over-leveraged…
Google searches for Bitcoin have surged significantly as the cryptocurrency’s price hit yet another record high above $80,000 today. This surge in interest reflects growing global attention as Bitcoin continues to gain traction among retail and institutional investors alike. Bitcoin Searches on Google Trump’s Win Boosts Bitcoin Interest It is important to note that cryptocurrency…
MicroStrategy is back on the bitcoin purchasing market by allocating another $2 billion to accumulate more than 27,000 BTC. It’s worth noting that the Michael Saylor-founded company now sits at a paper profit of around $11 billion given BTC’s recent price explosion. MicroStrategy has acquired 27,200 BTC for ~$2.03 billion at ~$74,463 per #bitcoin and…
The US election hype might be over, but Bitcoin’s bullish momentum is seemingly here to stay. The largest cryptocurrency is trading well above $80,000 for the first time in its 15-year history. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart Bitcoin’s price has been making higher highs and lows since its rebound from the…
TL;DR Bitcoin (BTC) hit nearly $82,000, now being the 9th-largest global asset in terms of market cap. Cardano’s (ADA) price rose 76%, driven by founder Charles Hoskinson’s latest announcements. Ethereum (ETH) gained 28% in the last week, with analysts eyeing a breakout past $3,200. BTC Keeps Pumping The past several days (ever since Donald Trump’s…
Crypto markets have moved higher over the weekend with big gains for altcoins as Bitcoin pushed past $81,000 into new price discovery zones. Last week, two major catalysts kicked off the action with a sweeping victory for Donald Trump in the US presidential elections and the Federal Reserve cutting interest rates by a further 25…
Bitcoin hit an all-time high of $81,800 in early trading in Asia on Monday, Nov. 11, according to CoinGecko. The move has culminated in a weekly gain of 18%, with the asset adding a whopping $14,000 since its Nov. 5 price of $67,500. Most of those gains have come in the wake of Donald Trump’s…
Medical diagnostics company Semler Scientific has acquired an additional 47 BTC for $3 million using operating cash flow since its previous disclosure in August. Alongside its third-quarter results, the company revealed that its bitcoin holdings have reached 1,058. This stash is worth around $80 million in total purchases as of November 8th due to recent…
Although crypto investors are still on the sidelines due to the just-concluded United States presidential elections, CryptoQuant analysts say Bitcoin is showing strong fundamentals and follows a bullish pattern seen in previous U.S. elections. According to a weekly report, one positive fundamental from a valuation perspective is that BTC is currently fairly valued and not…