Cardano blockchain founder Charles Hoskinson has shared a vision of building an “ecosystem of hybrid apps powered by DeFi-enabled Bitcoin.” In a Nov. 26 post on X (formerly Twitter), Hoskinson highlighted his renewed interest in Bitcoin’s foundational code while noting that adding a DeFi layer to the top digital asset could restore its innovative edge….
In the latest X post, Samson Mow, the CEO of JAN3 and a renowned Bitcoin maximalist has issued a message to his followers amidst a recent Bitcoin crash in the last 24 hours. He asked his followers to enjoy the Bitcoin Black Friday sale. The Bitcoin Black Friday Sale Notably, Bitcoin has dropped by 5.98%…
Bitcoin’s price movements on Nov. 26, 2024, paint a clear picture of bearish momentum in the short- and mid-term, with a pivotal support zone at $92,000 under close scrutiny. Bitcoin On the 1-hour chart, bitcoin‘s descent is evident, marked by a consistent pattern of lower highs and lows. A bold red candlestick sliced through the…
November 26, 2024 at 02:35 PM GST updated: November 26, 2024 at 12:44 PM 2 mins read News Semler Scientific’s Bitcoin holdings now exceed 1,570 BTC, reflecting a $117.8M investment strategy. Recent $29.1M Bitcoin purchase boosts company’s treasury, achieving a 58.4% BTC yield since July 2024. Semler raises $50M through equity offering to support continued…
The post Bitcoin’s Dip Fuels Altcoin Surge: Ethereum, SAND, and XLM Hit New Highs appeared first on Coinpedia Fintech News On November 22, the Bitcoin market was at an all-time high of $98,975.79. Since then, the Bitcoin price has sharply dropped by around 6.16%. Interestingly, during the same period, certain Altcoins, including Ethereum, Sand and…
Bitcoin is currently testing levels below the crucial $95k mark and is down by more than 4% in the last 24 hours. In the meanwhile, PlanC (@TheRealPlanC) shared a bold prediction about MicroStrategy’s Bitcoin accumulation strategy, suggesting that the company could hold over 1 million Bitcoins by January 1, 2030. The prediction is based on…
In the last few days, there have been big changes in crypto land. In just 24 hours, more than $550 million was liquidated. When Bitcoin fell to its weekly low, it caused a flood of sell-offs that caused about 170,000 traders to lose money on their accounts. Related Reading Coinglass reports such tremendous losses to…
Bitcoin dropped to $93K with $553M in liquidations, mostly from long positions. Spot Bitcoin ETFs faced $435M in outflows, except BlackRock’s IBIT. Bitcoin steadied at $94k on Tuesday, rebounding after a sharp sell-off that pushed its price below $93,000 earlier in the day. The cryptocurrency saw a 24-hour decline of 5.1%, with liquidations across the…
Online video platform Rumble and Canadian wellness company Jiva Technologies have joined the growing number of firms adopting Bitcoin as part of their corporate treasury strategy this year. Their decisions reflect a broader trend of institutional interest in the top crypto as businesses seek alternatives to traditional financial assets. Market observers noted that these moves…
MicroStrategy, the known Bitcoin holder, has been making records by making back-to-back purchases of BTC. As per available information, the firm bought 55,500 BTC from November 14 to 24. Following the acquisition, MicroStrategy now owns 386,700 Bitcoins, making it one of the largest Bitcoin holders in the world. It is worth noting that the recent…
Bitcoin is currently testing levels below the crucial $95k mark and is down by more than four percent in the last 24 hours. This comes after a recent announcement from Michael Saylor revealing that MicroStrategy purchased another $5.4 billion worth of Bitcoin. This brings their total holdings to around 386,500 Bitcoins, valued at nearly $22…
With the current price hike and the expected rise in bitcoin adoption by nation-states and private corporations, the world’s attention is on the digital asset. But is it too late to invest in bitcoin, enter the market, and reap the benefits? Not Early, but Not Late: Should You Invest in Bitcoin Now? Bitcoin has recently…
November 26, 2024 at 11:50 AM GST updated: November 26, 2024 at 10:35 AM 2 mins read News Hashdex files amended S-1 for U.S. crypto ETF, focusing on Bitcoin and Ether, with plans for broader crypto inclusion. Crypto index ETFs are gaining traction, offering diversified exposure, similar to traditional market index funds. SEC leadership changes…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
The idea of bitcoin as a medium of exchange was at the center of its creation, eliminating the need for third parties for transacting. Discussions on social media now recall how Andreas Antonopoulos, a big bitcoin proponent, used it to promote bitcoin back in the day. But is it still relevant today? Bitcoin as a…
Following Microstrategy’s plan of hoarding Bitcoin many companies from different sectors are following suit by investing heavily into Bitcoin as a safe investment option. Recently, Rumble, a popular video-sharing and cloud services platform, is making a bold move by investing up to $20 million in Bitcoin. The company’s Board of Directors approved the plan as…
President Nayib Bukele proposed a rent your volcano to mine Bitcoin initiative recently. El Salvador has extensively used its natural resources, particularly its 170 volcanoes. In a novel and innovative move, El Salvador is mining Bitcoin utilizing the strength of its volcanic landscape. While praising the country’s geothermal energy potential, President Nayib Bukele proposed a…
Institutional Moves Add Pressure The cryptocurrency market’s fall is largely driven by institutional activity and the upcoming derivatives expiries. The due $9.4 billion in Bitcoin options and $1.3 billion in Ethereum options are creating volatility as traders adjust positions, leading to widespread liquidations. Notably, Bitcoin ETFs saw a daily net outflow of $438 million. While…
Bitcoin is currently testing levels below the crucial $95k mark and is down by more than four percent in the last 24 hours. This comes after a recent announcement from Michael Saylor revealing that MicroStrategy purchased another $5.5 billion worth of Bitcoin. This brings their total holdings to around 386,500 Bitcoins, valued at nearly $22…
Este artículo también está disponible en español. Bitcoin recently came close to breaking the $100,000 price mark last week, reaching a high of $99,645 before encountering resistance. According to CryptoQuant analyst Percival, the psychological barrier of round numbers like $100,000 often serves as a point where traders exit positions for “relative safety.” Since climbing from…
Peter Schiff ignites outrage by claiming that the U.S. becoming a bitcoin superpower would weaken the nation, clashing with crypto advocates championing it as an economic game-changer. Peter Schiff Faces Crypto Uproar Over Bitcoin Superpower Weakness Assertion Economist and outspoken bitcoin critic Peter Schiff has stirred fresh controversy with his critique of President-elect Donald Trump’s…
The UK government is urged to create a bitcoin reserve as Trump’s pro-crypto policies drive global competition in the race for digital economic dominance. Bitcoin Reserve in UK Sparks Debate as Trump Drives Global Crypto Shift Nigel Green, CEO of Devere Group, an independent wealth management and financial advisory organization, has called on the UK…
Bitcoin sent shockwaves to the market as it fell under $95,000 when it was above $98,000 just yesterday. It peaked at almost $99,500, but now it’s dropped back to around $94,427. That’s quite a drop, but is it the end of the road or just a temporary dip? People are still buzzing about what might…
When it comes to public companies, MicroStrategy still has the greatest Bitcoin ownership. The company’s total Bitcoin holdings reached 386,700 after the latest purchase. The Bitcoin holdings of MicroStrategy have surged once again. The company’s total Bitcoin holdings reached 386,700 after an announcement that it had acquired 55,500 BTC for $5.4 billion. With the purchase…
Asset managers have weighed in on Trump’s proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy. Asset Managers Divided Over Bitcoin Reserve in Nation’s Bold Strategy Discussions about establishing a U.S. strategic bitcoin reserve have intensified following President Donald Trump’s re-election. Several asset management firms and financial analysts have voiced their…
Bitcoin price is correcting gains below the $96,500 resistance. BTC is now trading below $95,000 and might face hurdles near the $95,750 resistance. Bitcoin started a downside correction from the $98,880 zone. The price is trading below $96,000 and the 100 hourly Simple moving average. There was a break above a short-term bearish trend line…
Bitcoin took a tumble today, hitting an intraday low of $92,584 per coin—a noticeable drop from its earlier perch at $98,000. Bitcoin Slips 4.6% to $92.5K as $118M in Long Positions Gets Wiped Out By 7:36 p.m. EDT, bitcoin (BTC) was down 4.6% against the U.S. dollar. Over the past hour, its price ranged from…
November 26, 2024 at 04:15 AM GST updated: November 26, 2024 at 12:54 AM 3 mins read News Bitcoin remains a secure, decentralized store of value but faces sustainability challenges due to its energy-intensive PoW model. Ethereum’s smart contracts and PoS model lead DeFi and dApps, but second-layer solutions are crucial for scalability and efficiency….
Este artículo también está disponible en español. The crypto market witnessed a significant milestone last week as investment products recorded roughly $3.13 billion in net inflows globally, primarily driven by US spot Bitcoin exchange-traded funds (ETFs), according to data from CoinShares. This surge highlights growing institutional interest and confidence in the crypto market, with Bitcoin…
MicroStrategy (MSTR), the business intelligence firm, has made its biggest Bitcoin (BTC) purchase with the addition of 55,500 BTC. This historic acquisition came at a cost of approximately $5.4 billion. The average price per the purchased BTC stands at about $97,862. As it announced, the purchase occurred between November 18 and November 24. MicroStrategy’s Historic Bitcoin…
Este artículo también está disponible en español. On-chain data shows exchanges have continued to receive stablecoin deposits recently, a sign that could be bullish for Bitcoin and other digital assets. Stablecoin Exchange Netflow Has Remained Positive Recently As pointed out by an analyst in a CryptoQuant Quicktake post, stablecoins have been flowing into exchanges recently….
Este artículo también está disponible en español. Long-term Bitcoin holders are showing signs of growing greed as the price of BTC steadily approaches the $100,000 mark. A crypto analyst has underscored the significance of this market trend, highlighting that a possible Bitcoin market top could be incoming in the next few months. Long-Term Holders Stay…
Maya Parbhoe, a presidential candidate for the South American nation of Suriname, has an ambitious vision for her country. Taking inspiration from El Salvador’s Bitcoin strategy, she aims to build a Bitcoin nation even more deeply rooted in crypto than Nayib Bukele’s El Salvador. On May 25 – 2025, 6 months from now, the people…
Mindaoyang, a highly regarded crypto OG and the founder of dForce, has recently shared insights on MicroStrategy’s grand strategy. Strikingly, he has compared MicroStrategy’s structurally sound and long-term winning approach to Buffett’s Berkshire Hathaway in the traditional financial world. Let’s dive deeper to know more. MicroStrategy has achieved significant profits in less than two years…
As bitcoin (BTC) trades under the $96,000 mark at 1 p.m. ET on Monday, prediction markets Kalshi and Polymarket reveal mixed expectations for the cryptocurrency’s potential to reach $100,000 within the coming months and throughout 2024. Analyzing $100K Betting Forecasts From Kalshi and Polymarket Kalshi and Polymarket, two prominent prediction platforms, highlight varied confidence levels…
Bitcoin’s meteoric rise to nearly $100,000 has captured global attention, signaling a bullish momentum in the crypto market. While the flagship cryptocurrency makes headlines, a new wave of altcoins is emerging, promising significant opportunities for savvy enthusiasts looking beyond the mainstream. Among these promising newcomers is XYZVerse (XYZ), a groundbreaking memecoin that brings together fans…
After consolidating for nearly five days, Bitcoin (BTC), the world’s largest cryptocurrency by market cap, appears to be flashing a warning signal. This negative signal from BTC has shifted overall market sentiment. Bitcoin Technical Analysis and Upcoming Levels According to CoinPedia’s technical analysis, BTC has breached the lower side of the consolidation zone and has…
Bitcoin’s (BTC) recent rally faces a potential setback, with an analyst warning of a significant correction unless the cryptocurrency surpasses the critical $100,000 resistance level. TD Sequential Signals Correction On Nov. 12, 2024, an X trader known as Ali flagged a bearish pattern for bitcoin’s 12-hour chart, using the TD Sequential indicator to support the…
Digital asset investment products experienced a record-breaking week, with $3.13 billion in inflows, pushing total investments since mid-September – the start of US interest rate cuts – to $15.2 billion. According to CoinShares, year-to-date inflows have soared to $37 billion, thereby setting a new milestone and outshining the initial success of US Gold ETFs, which…
November 25, 2024 at 09:45 PM GST updated: November 25, 2024 at 08:59 PM 2 mins read News Dogecoin’s price broke out twice after multiyear declines, showing its ability to rebound strongly. Its growth is powered by a large user base and practical use for small financial transactions. Social media and public endorsements drive its…
Bitcoin’s price is currently oscillating between $89,000 and $98,000, with traders eagerly awaiting whether it will break to the upside or downside. While some had expected the cryptocurrency to reach $100,000 already, analysts point to a combination of factors behind the current market dynamics. Bitcoin’s recent price surge follows the breakout from a seven-month downtrend…
Bitcoin’s perpetual futures funding rate represents the cost traders incur to maintain long or short positions in the perpetual swaps market, with fees shifting between buyers and sellers based on market conditions. Positive funding rates suggest that long positions dominate, reflecting bullish sentiment, while negative rates indicate bearish sentiment as short positions dominate. Changes in…
Bitcoin and Ethereum are about to face a huge event. On November 29, a whopping $9.4 billion in Bitcoin options and $1.3 billion in Ethereum options are set to expire. This could lead to major swings in the crypto market, especially after the U.S. Thanksgiving holiday. So, what does this all mean? Let’s break it…
Business intelligence firm MicroStrategy has significantly increased its Bitcoin (BTC) purchases this month in response to the bullish sentiment following President-elect Donald Trump’s victory on November 5. The company’s recent acquisitions have pushed its total Bitcoin holdings to approximately $38 billion. Convertible Notes Fuel Massive Bitcoin Purchase On November 25, co-founder Michael Saylor announced via…
The Bitcoin price is facing excessive selling pressure as the token slides down below $96,000 after holding the support at $98,000 for a couple of days. Besides, the trading activity over the platform has remained pretty high, suggesting a massive price action could be followed. Regardless of the growing uncertainty over the BTC price rally…
Este artículo también está disponible en español. Bitcoin has been on a remarkable upward trajectory, pushing above the $96,000 mark for several days after consolidating below the psychological $100,000 level. As the leading cryptocurrency, Bitcoin has consistently broken all-time highs over the past three weeks, with yesterday marking a milestone weekly close at $98,000—the highest…
As of Nov. 25, 2024, the price of bitcoin (BTC) has traded between $97,076 and $97,547 within the past hour, displaying a strong bullish trajectory across multiple timeframes. Technical indicators suggest a mixture of neutral momentum and buy signals, highlighting the potential for further growth while signaling areas of caution. Bitcoin Bitcoin‘s 1-hour chart reflects…
Investors are waiting to see how these events will affect the market as a whole. Notably, the week will begin on Tuesday, November 26 with the release of the US FOMC. With a number of important events planned, including the FOMC Minutes, the US PCE inflation, and the Q3 GDP (first revision) data, the cryptocurrency…
Microstrategy shatters records, acquiring 55,500 more BTC for $5.4 billion, pushing its massive holdings to 386,700 BTC in an unprecedented crypto dominance move. 386,700 BTC Milestone: Microstrategy Secures 55,500 More Bitcoins for $5.4 Billion Software intelligence powerhouse Microstrategy Inc. (Nasdaq: MSTR) has once again doubled down on its bullish bitcoin strategy, announcing yet another acquisition…
The business intelligence giant founded and guided by Michael Saylor has done it again on a Monday, breaking its own record for the largest single bitcoin purchase. In this week’s edition, MicroStrategy said it bought 55,500 BTC for an average price of just under $98,000. MicroStrategy has acquired 55,500 BTC for ~$5.4 billion at ~$97,862…