November 17, 2024 at 05:51 AM GST updated: November 17, 2024 at 07:55 AM 2 mins read News The U.S. plans to acquire 1,000,000 Bitcoins over five years under the proposed Bitcoin Act of 2024 for a strategic reserve. The Bitcoin Act emphasizes transparent acquisitions and safeguarding Bitcoin as a national asset to enhance economic…
Two cryptocurrency assets stood out this week. Following Donald Trump’s victory, the entire market was painted green. However, Bitcoin (BTC) and Dogecoin (DOGE) brought major gains to investors. While BTC hit an all-time high and is moving closer to the $100,000 mark, DOGE was recording a triple-digit rise. Amidst this, an analyst polled X, asking…
HODL15Capital reveals top Bitcoin holdings by public mining companies, led by MARA with 27,562 BTC. Marathon Digital explores diversification into AI and computing while miners face rising challenges like increasing Bitcoin mining difficulty. Recent data provided by HODL15Capital shows the notable Bitcoin holdings of some publicly traded mining companies as of November 15. With an…
Nearly $4 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts are set to expire today, raising concerns about potential market volatility. With $3.4 billion in Bitcoin and $581 million in Ethereum options at stake, traders anticipate possible price fluctuations, especially as both assets have experienced recent declines. Bitcoin’s put-to-call ratio of 0.85 and Ethereum’s…
Este artículo también está disponible en español. Cathie Wood, CEO of asset manager and crypto ETF issuer ARK Invest, has long maintained her bullish outlook on Bitcoin, and her recent comments reinforce her optimistic projections for the largest cryptocurrency. Following Donald Trump’s electoral victory over Vice President Kamala Harris last week and Bitcoin’s recent surge…
The U.S. government may adopt Bitcoin as a strategic reserve to address mounting national debt and economic challenges. Political and corporate interest in Bitcoin grows, aligning with historical strategies for long-term financial diversification. The likelihood of the US government becoming the biggest Bitcoin whale by 2045 is no longer just speculation. A big change is…
Este artículo también está disponible en español. Crypto analyst CryptoCon recently alluded to a Bitcoin ‘Golden Multiplier Ratio,’ which he suggested paints a very bullish picture of the Bitcoin price. Based on this, the analyst remarked that the party was just getting started, indicating that the flagship crypto is likely going much higher. Bitcoin Golden…
Este artículo también está disponible en español. Bitcoin is on the move again, surging toward its previous high of $93,257 with renewed momentum that has triggered excitement among traders. After a period of consolidation, Bitcoin’s latest price action signals a potential breakout that could set the stage for even greater gains. As it inches closer…
November 16, 2024 at 11:40 PM GST updated: November 16, 2024 at 08:31 PM 2 mins read News The Bitcoin laws of 2024 aim to acquire 1 million Bitcoins for a U.S. reserve. Trump’s pro-crypto stance raises support for the Bitcoin protection bill. BTC’s record-breaking price strengthens the chances of the legislation’s passage. Senator Cynthia…
Pennsylvania lawmakers have proposed the Strategic Bitcoin Reserve Act, a bill that would allow the state treasurer to invest in Bitcoin, digital assets, and crypto-based exchange-traded products. Sponsored by Republican Representatives Mike Cabell and Aaron Kaufer, the bill aims to use Bitcoin as a hedge against inflation, offering a tool to protect state finances from economic…
Este artículo también está disponible en español. While Bitcoin has faced strong bullish momentum in recent weeks, achieving new all-time highs consistently for days, Ethereum has been an underperformer, unable to catch up with BTC’s bullish pace. Even compared to other crypto assets (altcoins) in the market, Ethereum has failed to make a major rally…
Este artículo también está disponible en español. Bitcoin (BTC) has been on a tear recently, hitting multiple all-time highs (ATH) levels since Donald Trump emerged victorious in the 2024 US presidential elections. Although the top cryptocurrency has witnessed a slight pullback in the past 24 hours, rebounding to an earlier price level could spell trouble…
Solidion Technology commits 60% of excess cash and interest income to Bitcoin for long-term diversification and asset management. Corporate and governmental interest in Bitcoin rises amidst regulatory changes and economic uncertainty, aligning with Bhutan’s strategic Bitcoin reserve model. Solidion Technology Inc. has embraced a risky financial approach by heavily incorporating Bitcoin into its treasury operations….
The Bitcoin market appears to have taken an intriguing turn as the asset’s reserves on centralized exchanges have hit the lowest levels since November 2018. This development, highlighted by a CryptoQuant analyst known as G a a h, points out a notable change in BTC’s investor behavior within the crypto space and also suggests quite…
Bitcoin’s price has factored in an increase of 4.25% over the last 24 hours. The cryptocurrency’s daily trading volume has dipped by 14.11% as per CMC data. As the crypto market enters the weekend slumber, Bitcoin has decided to stay upbeat. The cryptocurrency changed gears to alter its course in the bull run after the…
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…
November 16, 2024 at 08:10 AM GST updated: November 15, 2024 at 08:29 PM 2 mins read News Bitcoin targets $97,600 driven by strong technical indicators and Fibonacci levels. Futures trading volume spikes to $129 billion, signaling high market speculation. Analysts warn of volatility risks due to overbought RSI and excessive market leverage. Bitcoin (BTC)…
Este artículo también está disponible en español. Crypto analyst Ash Crypto has revealed that Bitcoin has entered the ‘thrill’ phase. The analyst further explained what to expect from the flagship crypto moving forward, having entered this phase of the bull run. What To Expect From Bitcoin In ‘Thrill’ Phase In an X post, Ash Crypto…
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you don’t…
Michael Saylor proposes the U.S. purchase 1M Bitcoins to reduce national debt by $16 trillion over five years. Senator Cynthia Lummis introduced a bill to fund Bitcoin purchases using Federal Reserve gold reserves. Former President Trump supports holding 200,000 Bitcoins as a strategic reserve to strengthen the U.S. economy. Efforts to address the United States’…
Bitcoin moves into new territory. Pennsylvania wants to add state BTC reserves to its treasury. Industry experts now say prices could hit $500,000. Let’s look at what this US state bill means and why these predictions matter. Also Read: Currency: What’s Happening With The US Dollar & Euro? How US State’s Bitcoin Reserve Bill and…
Pennsylvania’s legislature, led by Representative Mike Cabell, has introduced a bill that would enable the state to invest in Bitcoin by allowing the allocation of up to 10% from three state funds into Bitcoin. The proposed legislation builds upon Pennsylvania’s recent legislative success with the Bitcoin Rights bill, which has already passed the House. With…
Este artículo también está disponible en español. The Bitcoin volume has experienced a severe crash amidst its initial price momentum, falling by approximately 27% and triggering a subsequent decline in the value of the pioneer cryptocurrency. This significant drop in volume has caught the attention of market participants, as a crypto analyst is discussing the…
Este artículo también está disponible en español. Bitcoin has experienced a whirlwind of volatility following its recent all-time high of $93,483 set on Wednesday. Over the past few days, the price has oscillated between this record level and a low of $85,100, indicating the potential onset of a consolidation phase before the next major move….
The recent Bitcoin (BTC) rally has sparked a resurgence in retail interest, driving cryptocurrency trading apps like Coinbase and Robinhood to climb global app store rankings. Coinbase made a dramatic leap from 435th to 9th place, reflecting renewed enthusiasm among retail investors eager to engage with Bitcoin’s rising value. Robinhood also surged to 13th, while…
Este artículo también está disponible en español. Solana-based Memecoin Dogwifhat (WIF) is among the tokens leading the crypto market. The cryptocurrency surged over 40% in the last 24 hours, breaking above the $4 resistance zone following its Coinbase listing. As a result, some market watchers forecasted a massive WIF rally before year-end. Related Reading Dogwifhat…
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…
Bitcoin could solve America’s debt problems. MicroStrategy CEO Michael Saylor has proposed a plan to cut $16 trillion from the national debt through Bitcoin purchases. The U.S. currently faces a $33 trillion debt that needs urgent solutions. Also Read: De-Dollarization Enters South America? China to Build a Megaport Worth $3.6 Billion Michael Saylor’s Bold Bitcoin…
Bitcoin has continued its bullish momentum streak, reaching a new all-time high on November 13 and triggering a wave of activity across the crypto market. In particular, the futures market has been significantly impacted, with a surge in trading volume for the BTC/USDT pair. This increase has highlighted an intense period of market engagement, with…
Este artículo también está disponible en español. Data shows Dogecoin and other meme coins are receiving a significant amount of attention on social media, a sign that may not be ideal for Bitcoin. Top 6 Memecoins Have Seen Their Social Dominance Rocket Up Recently In a new post on X, the analytics firm Santiment has…
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…
November 15, 2024 at 10:35 AM GST updated: November 14, 2024 at 07:00 PM 2 mins read News Bitcoin reached a record high of $93,500, driven by whale accumulation and demand. Pepe Coin surged 85% after Coinbase listed it as an ERC-20 token. Popcat nears a new all-time high as whales accumulate more on Solana’s…
Este artículo también está disponible en español. Bitcoin has reached a major milestone by surpassing the $90,000 price mark, marking a significant moment in its ongoing bullish rally. The price surge has drawn the attention of existing investors and attracted a new wave of market participants. This influx is evidenced by the increase in UTXO…
Tesla’s Bitcoin (BTC) holdings have now surpassed $1 billion, generating a $495 million profit thanks to recent price increases. Tesla initially invested in Bitcoin in early 2021, purchasing around 43,200 BTC for $1.5 billion, influenced by CEO Elon Musk’s support for cryptocurrencies. This move not only strengthened Tesla’s financials but also inspired other corporations to…
Este artículo también está disponible en español. The massive Bitcoin (BTC) rally following Donald Trump’s victory in the US presidential election is beginning to show signs of slowing down, particularly in the derivatives market, as evidenced by the leading digital asset’s retreat below the $90,000 mark on Thursday. Bitcoin Experiences Significant Liquidation Activity According to…
Este artículo también está disponible en español. Bitcoin (BTC) recently reached a new all-time high (ATH) of $93,477, as the leading digital asset inches closer to the highly anticipated $100,000 target. Notably, the ongoing price rally has seen relatively muted profit-taking, fueling hopes that BTC has further room to surge. Low Profit-Taking For Bitcoin In…
The difference between Bitcoin’s realized cap and market cap is an underrated indicator of the phases of Bitcoin’s price cycles. The realized cap shows Bitcoin’s value based on the last price each coin moved, showing the actual capital invested into the asset. When the market cap, which reflects the value of all existing coins based…
November 14, 2024 at 10:30 PM GST updated: November 14, 2024 at 08:23 PM 2 mins read News Bitcoin miners sold 25,000 BTC as Bitcoin hit $90,000, showing market caution. Large Bitcoin miner sell-offs could trigger price corrections and increased volatility. Bitcoin’s stability above $90,000 indicates strong market demand and investor confidence. Bitcoin miners have…
Este artículo también está disponible en español. Bitcoin set a new all-time high yesterday, reaching $93,483, continuing its impressive rally without significant setbacks. Over the past nine days, the crypto leader has surged with minimal dips, not falling more than 5% during this bullish phase. This relentless price action has drawn widespread attention as Bitcoin…
Hundreds of obituaries on Bitcoin have been written by the mainstream media and financial analysts for a decade. From calling it a scam to unethical, and a passing fad, the leading cryptocurrency has heard them all. The heat that the cryptocurrency market receives is off the charts as analysts are unable to cope with its…
Over the years, Bitcoin has shown immense potential, climbing steadily to hit new price spots. However, this year, BTC has crossed a critical milestone, a price level of $90K, which has helped the token to become the seventh largest asset in the world, surpassing Saudi Arabia’s Aramco Oil Company and other notable assets like Silver….
Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered,…
Bitcoin reached a new all-time high of $93,434, marking its 9th consecutive day of climbing higher. The release of favorable CPI data, showing a modest increase of 0.2%, triggered the rally, with hopes for a rate cut. Bitcoin (BTC) is making headlines again, hitting a new all-time high of $93,434 for the 9th consecutive day…
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…
Este artículo también está disponible en español. Bitcoin has continued with its strong bullish momentum, trading at highs that have never before been seen. Today, the asset has achieved a new all-time high of roughly $93,477. This ATH was achieved not long ago following an earlier dip today to $85,000. However, at the time of…
Este artículo también está disponible en español. Crypto ETF issuer and asset manager BlackRock announced on Wednesday the expansion of its USD Institutional Digital Liquidity Fund (BUIDL) to include five new blockchain ecosystems: Aptos, Arbitrum, Avalanche, Optimism, and Polygon. Initially launched on the Ethereum network in March 2024, BUIDL rapidly gained traction among investors, becoming…
In terms of market capitalization, Bitcoin is currently larger than Saudi Aramco, the oil giant. Some predict that Bitcoin’s price will reach $100,000 by the month’s end. Before dropping to $90,256 on Wednesday, Bitcoin surged to a new all-time high over $91,000. Since Trump’s victory in last week’s US presidential election, the flagship cryptocurrency has…
Este artículo también está disponible en español. The current Bitcoin (BTC) rally could extend until mid-2025, with a potential price peak before a US recession. Bitcoin Could Peak In Mid-2025 Before US Recession A recent Copper Research report, a recent crypto research firm, posits that the leading cryptocurrency by market cap could extend its bullish momentum until…
Este artículo también está disponible en español. Bitcoin (BTC) has hit new highs in recent days, with many users of crypto betting site Kalshi predicting that the largest cryptocurrency on the market could hit the $100,000 milestone before the end of 2024. According to recent data from the event contract market, 60% of users believe…
November 14, 2024 at 05:08 AM GST 3 mins read News U.S. spot bitcoin ETFs saw record inflows, with $1.93 billion into BlackRock’s IBIT alone, amid a crypto market surge and high trading volumes. Ethereum ETFs in the U.S. reached $135.9 million in net inflows, led by BlackRock’s ETHA, marking a positive shift in investor…