As the stock and the leading crypto continue to soar to new heights this year, Michael Saylor’s MicroStrategy has purchased another $5.4 billion worth of Bitcoin. Indeed, the business intelligence firm announced that it added 55,500 BTC to its stash in what is its biggest purchase to date. Saylor announced the purchase on X (formerly…
The global cryptocurrency market is on the rise, posting a daily increase of 1.82%, with the total market cap reaching $3.37 trillion. Trading activity held steady, with a modest 0.04% uptick bringing 24-hour volumes to $203.43 billion. Investors seem to be reveling in extreme greed, as evidenced by the Fear & Greed Index, which now…
November 25, 2024 at 05:10 PM GST updated: November 25, 2024 at 03:23 PM 1 min read News Bitcoin price takes a small dump to $96,000 before reclaiming the $98,000 range again. Analysts explain that little dips between pumps are normal and healthy for the market. One analyst preachers strength in the face of growing…
MicroStrategy has emerged as one of the strongest firms currently outpacing its competitors in the market. The leading business intelligence development company is now sitting at a whopping 711% profit due to its close connectivity with Bitcoin, the king of cryptocurrencies, which is currently inching forward to claim the ambitious $100K mark. This cross-connection is…
Salvadoran President Nayib Bukele hinted at the possibility of establishing a service to rent a volcano for bitcoin mining purposes. The leader stated that a green energy program harnessing volcano energy “might actually make sense.” President Nayib Bukele Mulls Volcano Renting Business for Bitcoin Mining President Nayib Bukele is aiming to devise a way to…
November 25, 2024 at 04:35 PM GST updated: November 25, 2024 at 03:27 PM 2 mins read News ZA Bank offers Bitcoin and Ethereum trading to retail customers in Hong Kong, expanding accessibility to digital assets. With a $70 minimum deposit, waived fees, and compliance with HashKey Exchange, ZA Bank prioritizes retail adoption. ZA Bank’s…
El Salvador is exploring innovative ways to enhance its Bitcoin mining operations, with President Nayib Bukele proposing a unique approach—renting out the country’s volcanoes to miners. The idea, shared in a Nov. 25 social media post on X (formerly Twitter), suggests that miners could tap into the geothermal energy produced by these natural wonders for…
IntoTheBlock data reveals that bigger transactions containing a minimum of $100,000 worth of Bitcoin dropped from 32,000 to 19,500, starting from November 21 to November 24. The crypto market cap over the globe dropped 2.3% in the same time period and is now standing at $3.47 billion. On November 24, Regardless of decreasing whale transactions,…
BTC price is back on the rise with its price reaching $98,525. However, it is slightly down 0.33% over the last 24 hours but trading well above current levels. Bitcoin trade volume in the coin for the last 24 hours has been robust at $68,430,610,339, while the contrary shows a fall of 29%. These are…
Traders have had a torrid start to the week, as over $500 million has been liquidated from the crypto market in the last 24 hours. This has been due to the Bitcoin price, which has continued to fluctuate heavily in recent times. $500 Million Liquidated As Bitcoin Price Fluctuates Coinglass data shows that over $500…
The crypto market led by Bitcoin recorded a slight pullback on Sunday, “dragging” the total market capitalization down by 2.4%. A very reliable indicator has highlighted that the bullish momentum that drove the Bitcoin price to almost $100k is not being replenished, and this could be devastating if any negative news emerges. The crypto market…
Elon Musk the owner of Tesla, X, and SpaceX including other companies has marked new milestones in terms of net worth as it has been recently recorded that his net worth hit an all-time high of $347.8 billion. The majority of media outlets claim that a sudden spike in Musk’s net worth has been primarily…
FTX, the bankrupt cryptocurrency exchange, has announced its reorganization plan will take effect in January 2025, prioritizing creditor reimbursement, particularly for overseas clients. The company aims to finalize agreements with fund distributors by December 2024, enabling payouts early next year. CEO John J. Ray III emphasized FTX’s commitment to returning funds to customers quickly. However,…
Michael Saylor’s MicroStrategy is at it again, with rumors swirling about a potential Bitcoin buying spree over the weekend. Analysts speculate the company might acquire up to 100,000 BTC, aligning with the QQQ index rebalancing on Black Friday. Crypto enthusiasts are anticipating a major announcement on Monday, which could send ripples through the market. Renowned…
As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains. Consequently, the cryptocurrency market has registered a significant increase in…
Bitcoin is currently down by more than one percent and is trading slightly above the $98k mark. After hitting an ATH of $98655, the cryptocurrency hit reverse and even dipped below the $96k mark. However, analyst Josh of Crypto World said that the weekly Bitcoin chart shows strong momentum, with the MACD indicating a bullish…
Bitcoin reached an all-time high of $99,645 on Friday night and was a stone’s throw away from reaching the $100,000 milestone. Cryptocurrency enthusiasts and investors were glued to their screens, staring at the charts to keep up with the numbers. Just when investors thought Bitcoin would breach the $100,000 mark, CNBC’s Mad Money host Jim…
Despite persistent fear, uncertainty, and doubt (FUD), Binance’s customer Bitcoin (BTC) balances surged by 25% this year, according to crypto analyst Ki Young Ju. Binance now commands 40% of the global Bitcoin reserve market share among proof-of-reserves (PoR) exchanges, showcasing consistent annual growth. Ki Young Ju emphasized that losing Binance would significantly impact the global…
After signing a memorandum of understanding (MoU) with Bitcoin Magazine on July 26, 2024, Metaplanet Inc. (Tokyo: 3350) has announced the definitive agreement to launch Bitcoin Magazine Japan. According to the announcement, Bitcoin Magazine Japan will help Metaplanet to become a leading driving adoption force in the country ahead. Moreover, Metaplanet intends to make disruptive…
Bitcoin price is consolidating below the $100,000 resistance. BTC bulls might soon attempt to breach the stated milestone and push the price further higher. Bitcoin started a fresh increase above the $96,500 zone. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with…
Wall Street powerhouse Cantor Fitzgerald plans to launch a multibillion-dollar lending program using bitcoin as collateral, potentially reshaping crypto-backed financing and deepening ties with Tether Holdings. Cantor Fitzgerald’s Crypto Strategy: A Pivotal Moment for Bitcoin’s Future Howard Lutnick, chairman and CEO of Cantor Fitzgerald, a leading global financial services firm, is reportedly working to bolster…
Este artículo también está disponible en español. Bitcoin has surged past the $99,800 mark, setting a new all-time high as it inches closer to the psychological $100,000 barrier. While the milestone signals remarkable strength, the price has yet to claim this key level, leaving investors in suspense. Market demand remains robust, fueling optimism that Bitcoin…
In the past week, the crypto market has been buzzing with action, with bitcoin smashing its way to a new all-time high of $99,800 per coin on Thursday. Data reveals an intriguing dynamic during this period: while the Coinbase premium climbed, South Korea experienced a discount in BTC prices, reflecting a unique local discount. U.S….
In the past week, the crypto market has been buzzing with action, with bitcoin smashing its way to a new all-time high of $99,800 per coin on Thursday. Data reveals an intriguing dynamic during this period: while the Coinbase premium climbed, South Korea experienced a discount in BTC prices, reflecting a unique local discount. U.S….
This bull season, Bitcoin has seen one of the biggest price pumps in its history as it traded to almost $100,000. Looking ahead, analysts believe that Bitcoin could see substantial growth in 2025, driven by a mix of macroeconomic conditions, institutional participation and seasonal market behavior. Why Is Bitcoin Retracing? However, as of writing, Bitcoin’s…
Bitcoin plunged to the $95,000 level after failing to touch $100,000 on Friday, currently trading around $96,653. Notably, $495 million worth of crypto has been liquidated over the past 24 hours. Long positions account for the vast majority of these liquidations ($382.7 million). Overall, 197,083 traders were liquidated over the past 24 hours, with the…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Serial tech entrepreneur Elon Musk has reacted on X, to a post suggesting that Jim Cramer, CNBC Mad Money host has halted the bullish run on Bitcoin (BTC). Musk reacted to a post by an account with the user name, “Sir Doge of the Coin.” The Jim Cramer “Inverse…
Bitcoin’s price correction across multiple timeframes reveals short-term bearish pressure while maintaining a bullish outlook in the long term. Bitcoin Bitcoin’s (BTC) recent price action highlights a bearish correction across short-term timeframes, while the broader trend remains bullish, with key levels dictating potential opportunities for traders. The hourly chart reveals a short-term bearish trend for…
In conversation with Alpha First, former BitMEX CEO Arthur Hayes has offered bold forecasts on bitcoin and the larger crypto market. He has discussed on what we could see in the next 12 months in light of the Trump’s policies and the possible changes in the global economy. Favorable Environment For BTC Growth He believes…
The world’s leading cryptographic currency is trading over 40% higher than its average price on the eve of the November 5th US elections. Analysts agree that this is owing in large part to the promises of the Trump campaign and its allies to ensure that the federal government is fair to the innovative new Internet…
VanEck predicts Bitcoin could reach $180,000 as the next bull market phase begins, driven by favorable regulations. FIT21 revisions and stablecoin rules are expected to enhance market privacy and empower state-chartered banks for innovation. The VanEck report has reaffirmed that Bitcoin will reach $180,000 during this market cycle. Driven by a more favorable regulatory environment…
Arthur Hayes predicts global monetary policies will drive crypto adoption and boost Bitcoin’s long-term potential significantly. Hayes emphasizes prudent investing and taking profits to navigate the volatile crypto market effectively. On the Alpha First YouTube channel, former BitMEX CEO Arthur Hayes—a well-known player in the crypto space—recently offered audacious forecasts about Bitcoin and the larger…
Este artículo también está disponible en español. The price of Bitcoin has somewhat cooled off, struggling to reach the highly-coveted $100,000 mark, after an intense bullish run all week long. However, investors appear to be undeterred by the sluggish price action of the premier cryptocurrency in the past few days. Bitcoin Taker Buy/Sell Ratio Is…
Este artículo también está disponible en español. Bitcoin has surged past the $99,800 mark, setting another all-time high as it inches closer to the psychological $100,000 milestone. Despite briefly testing the level, BTC has yet to break through, leaving investors and analysts eagerly anticipating the next move. With demand remaining robust, the stage appears set…
The post Bitcoin, ETH & XRP Price Prediction: Key Levels To Watch This Week! appeared first on Coinpedia Fintech News Story Highlights Bitcoin price struggles to achieve the $100k mark and records a high of $99,655. Ethereum price hits a new 4-month high and retests the $3.5k mark. XRP price surpasses the $1.5 mark and…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
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. Cramer is a well-known TV host,…
Este artículo también está disponible en español. 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…
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. Despite the risks,…
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.” Robert Kiyosaki Praises Michael Saylor’s Billion-Dollar Bitcoin Blueprint Rich Dad Poor Dad author Robert Kiyosaki expressed strong support for bitcoin and Microstrategy Executive Chairman Michael Saylor’s BTC strategy on the…
Delio stopped allowing withdrawals last year because they owed their clients 245B won ($1.75B). The first creditors’ meeting is scheduled on March 19, 2025. According to several local news reports, a court in Seoul, South Korea, declared virtual asset deposit platform Delio bankrupt on November 22. Delio stopped allowing withdrawals last year because they owed…
Coin Center is primarily concerned with what it calls surveillance issues. Particularly centralized businesses, would benefit from a more accommodating regulatory climate. Following Donald Trump’s re-election to the U.S. president earlier this month, the analysis of the crypto policy landscape was released by the non-profit crypto industry research and advocacy organization Coin Center. Though some…
November 24, 2024 at 01:23 AM GST updated: November 24, 2024 at 12:52 AM 2 mins read News Tether’s USDT facilitates fiat transactions via blockchain while facing scrutiny over reserve transparency. Bitcoin remains the largest cryptocurrency, revolutionizing digital payments and inspiring an entire industry of blockchain and crypto projects. Dogecoin, XRP, and USDC offer unique…
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. 21, 2024, it…
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? While most investors are worried about…
November 23, 2024 at 09:45 PM GST updated: November 23, 2024 at 09:31 PM 2 mins read News Bitcoin has gained 570% during its current cycle and is heading closer to a record-breaking $100,000 mark. Long-term investors sold over 128,000 BTC recently, signaling profit-taking but also fueling new opportunities in the market. The $100K milestone…
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. Bitcoin Rallies on Regulatory Optimism, Vaneck Predicts More All-Time Highs According to Vaneck‘s mid-November analysis, bitcoin’s recent price spike highlights…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
The post Bitcoin Price Touches $100K: Will It Skyrocket or Crash? Find Out Now appeared first on Coinpedia Fintech News 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,…
Este artículo también está disponible en español. 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…