November 14, 2024 at 12:49 AM GST updated: November 14, 2024 at 12:50 AM 3 mins read News Bitcoin paused at $86,340 as investors await US CPI data, impacting short-term price movements and market sentiment. Peter Brandt predicts Bitcoin could hit $134K or $327K, with optimism tied to future regulatory clarity and pro-crypto policies. Bitcoin’s…
Este artículo también está disponible en español. Bitcoin has reached a new all-time high of $90,243 following a week of relentless upward momentum. After days marked by euphoria and rapid gains, the price is now entering a consolidation phase, providing a much-needed pause for the market. Key data from CryptoQuant indicates moderate selling pressure is…
Bitcoin has recently reached a remarkable milestone, soaring to an all-time high of $93,000. This achievement is not merely a product of speculation; it reflects a combination of key factors that are driving Bitcoin’s ascent in the financial world. One of the most significant influences has been the influx of institutional investment, with major financial…
November 13, 2024 at 08:25 PM GST updated: November 13, 2024 at 12:30 PM 2 mins read News Analysts suggest Bitcoin could reach $250K by 2025, mirroring its 2017 post-election cycle gains. Historical patterns show Bitcoin’s price surged 2,700% in 400 days after Trump’s 2016 win. A conservative 240% increase could bring Bitcoin to new…
Este artículo también está disponible en español. Recently, there have been significant fluctuations in the prices of Bitcoin; presently, they oscillate between $87,000-$87,500. This may not be eye candy to investors who are currently on the sidelines waiting for the coin to hit $90k, particularly the release of CPI data set today, November 13. This…
Bitcoin is finally out of the dark, as the token has claimed a new price high of $88K. As BTC surges to a new high, its ascent to new price spots unlocks a stunning bullish market phase, a time period that offers lucrative gains to investors if they know how to maneuver the market well….
Bitcoin (BTC) has breached the $90,000 milestone as it marches towards the much anticipated $100,000 mark. With friendly crypto regulations foreseen in the coming year, data shows that profit-taking remains below historical levels. Bitcoin (BTC) has seen an incredible rally, gaining more than 40% since October 13. The steep rally has encouraged trader confidence, with…
November 13, 2024 at 03:30 PM GST updated: November 13, 2024 at 02:27 PM 2 mins read News Bitcoin enters price discovery at $88,000 – $91,000, setting a path for $102,000. Analysts use Fibonacci bands and liquidations to predict next resistance levels. Market volatility likely as Bitcoin aims for new highs beyond $91,000. The pioneer…
Bitcoin’s appeal as “digital gold” grows as capital shifts from traditional safe-haven assets. Demand for Bitcoin options surges as investors prepare for potential breakout opportunities. Since the recent election, a noticeable trend has formed in the global financial landscape, with traditional safe-haven assets such as gold losing popularity in favor of Bitcoin. Insights from QCP…
November 13, 2024 at 02:30 PM GST updated: November 13, 2024 at 01:51 PM 2 mins read News Bitcoin’s price drop triggers a 3% decline in total crypto market cap. Over $2 billion in forced liquidations impact crypto, shifting market sentiment. Institutional inflows and altcoin gains suggest potential for future rallies. The crypto market faces…
Este artículo también está disponible en español. Ethereum (ETH) appears to be finally waking from its slumber, surging nearly 37% in the past week following Bitcoin’s (BTC) all-time-high (ATH) rally. Spot Ethereum ETFs Record Daily Inflows Ethereum, the second-largest cryptocurrency with a market cap of approximately $404 billion, is now gaining ground on BTC, with…
Bitcoin price has factored in a modest price drop of 1.99% in the last 24 hours. The cryptocurrency’s daily trading volume has also dropped by 8.99% as per CMC data. This year has marked its place in Bitcoin history with one of the most significant rallies. Cryptocurrency has become a familiar word, reaching new corners…
Genius Group to prioritize bitcoin as the primary asset for its treasury. Smart Bitcoin Investment for Genius Group Genius Group, an AI-powered education and acceleration group has decided to adopt a “bitcoin-first” strategy, making bitcoin its primary treasury asset. The adoption of this strategy came after the company reorganized its board with the addition of…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Elon Musk, often touted as the mercurial CEO of Tesla and SpaceEx, took the internet by storm as he announced his first political stint. Musk took to X to share the official statement issued by Trump, crowning him as the Head of Government Efficiency or DOGE alongside Vivek Ramaswamy. Together, Musk and Ramaswamy will be…
Bitcoin reached the price level of $90K as of press time, hinting at a new peak in market sentiment. The optimism was mirrored in the on-chain transaction volume, with every sixth transaction being the highest since the previous all-time high in March, reflecting heightened trading activity. Bitcoin saw a mix of profit-taking and aggressive long positioning…
Este artículo también está disponible en español. Bitcoin (BTC) has performed remarkably over the past week, surging 30% since the November 5 US election. The flagship crypto surpassed its March all-time high (ATH), recording a new high nearly every day for the last seven days. Bitfinex analysts noted that the market remains “relatively stable” despite…
MicroStrategy Inc. has made headlines with its most significant Bitcoin purchase since 2020, acquiring around 27,200 BTC for about $2.03 billion between late October and early November. This move marks a pivotal moment in the company’s ongoing commitment to cryptocurrency, bringing its total Bitcoin holdings to an impressive $24 billion, based on Bitcoin’s recent peak…
Bitcoin MVRV Deviation Bands depicted a current scenario reminiscent of the $16K mark from the last cycle, indicated by the red arrow. The MVRV ratio, which compares the market value to the realized value, showed Bitcoin trading above its realized value, signaling potential overvaluation but still within a bullish context. Historically, when the MVRV ratio aligns with…
Coinbase introduces the COIN50 Index to track the top 50 cryptocurrencies, with Bitcoin and Ethereum making up the majority of the index, offering a reliable market performance benchmark. Coinbase expands investment opportunities with COIN50 perpetual futures, providing institutional investors and retail users with new ways to gain exposure to the crypto market. The Coinbase 50…
Este artículo también está disponible en español. Crypto investors are getting excited about the latest price surge of Bitcoin, which occurred only days after the US election, fueled by favorable market sentiment toward the digital currency industry. Long-term holders of the firstborn cryptocurrency are now becoming interested in Bitcoin, as the digital coin is fast…
Publicly traded Genius Group (GNS) plans to purchase $120 million worth of Bitcoin, making it their primary treasury reserve asset. The company is a leading AI-powered education and acceleration group. This will be the first step in a global “Bitcoin-first” strategy for the company. JUST IN: Publicly traded Genius Group $GNS plans to purchase $120…
Este artículo también está disponible en español. In his latest essay titled “Black or White?”Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX, lays out an analysis predicting that Bitcoin could soar to $1 million. Hayes argues that forthcoming US economic policies under the second term of Donald Trump could set the stage for…
MicroStrategy has followed through on its Bitcoin (BTC) bullishness by buying 27,200 BTC, or roughly $2.03 billion. The transaction was bought between $74,463 per Bitcoin, including fees, at an average price between October 31 and November 10, 2024. With the purchase of this latest Bitcoin, MicroStrategy’s total BTC holdings increased to 279,420 BTC. It positioned the…
Este artículo también está disponible en español. The Bitcoin price has finally broken out of resistance and is on a journey to the $320,000 threshold, according to a crypto analyst. Notably, the Bitcoin price has now returned into a full bullish sentiment, with the crypto fear and greed index now pointing to extreme greed. In…
Bitcoin soared past the $90,000 mark for the first time ever, spurred by fresh institutional investments and optimistic regulatory forecasts. Surging Past $90,000, Bitcoin Marks a New Era Bitcoin, the preeminent crypto asset, has shattered expectations by breaking the $90,000 barrier, achieving a historic new high. This monumental rise occurred in the wake of the…
Alameda Research, a trading firm linked to the now-defunct FTX cryptocurrency exchange, has initiated legal action against Aleksandr Ivanov, the founder of the Waves blockchain platform, in a bid to recover around $90 million. This lawsuit is part of Alameda’s larger effort to reclaim assets and repay creditors affected by FTX’s downfall in 2022. The…
Bhutan has made headlines by amassing over $1 billion in Bitcoin, thanks to the cryptocurrency’s impressive rise in value this year. According to Arkham Intelligence, the country has been actively mining Bitcoin since 2021 and has ramped up its efforts recently. This surge in holdings aligns Bhutan with other nations, like El Salvador, that are…
Este artículo también está disponible en español. Bitcoin experienced an explosive surge yesterday, with bulls driving the price to a new all-time high (gain) at $89,980. This relentless uptrend highlights growing optimism among investors as Bitcoin continues to break new ground. Renowned trader and analyst Cheds recently shared a compelling technical insight, noting that Bitcoin’s…
November 12, 2024 at 10:30 PM GST updated: November 12, 2024 at 06:27 PM 2 mins read News Bitcoin jumped 10%, reaching $89,575.96, boosting consumer belief in virtual currencies. MicroStrategy added 27,200 Bitcoins, bringing its assets to $24.5 billion in value. Trump’s economic plans and the Federal Reserve’s interest reductions are driving crypto trading growth….
The US dollar index has risen to its highest since July, sitting at 105 at press time. The valuation uptick strengthening the dollar index is the result of the euphoric election win that crowned Donald Trump as the 47th US president. Trump has made rather bold statements during his electoral campaigns concerning the dollar and…
November 12, 2024 at 09:45 PM GST updated: November 12, 2024 at 06:21 PM 2 mins read News Bitcoin reached a record $89,500, highlighting growing investor confidence in its future. The 50-day EMA continues to support Bitcoin’s bullish rise, driving market optimism. Analysts predict continued growth as demand and momentum fuel Bitcoin’s upward trajectory. Bitcoin…
German government sold nearly 50K Bitcoin for $53,000 each in June-July 2024 as part of the Movie2K case asset liquidation. The sale missed $1.84 billion in profits as Bitcoin surged to $89,956, making the BTC worth $4.48 billion today. While the enthusiasm over the Bitcoin market is soaring every day, Germany’s recent decision to sell…
The cryptocurrency industry has been on an upward trajectory since Donald Trump’s win. While some were celebrating the notable surge in their profits, a few others were dreading selling early. Amidst this, several individuals continue sitting on the fence. As a result, Bernstein analysts stepped up and urged the community to begin purchasing. Also Read:…
Este artículo también está disponible en español. Solana (SOL) has seen a massive 35% weekly surge to a new year-high of $220, closing last week above levels not since in nearly three years. As the cryptocurrency soars and whales accumulate, some market watchers suggested SOL is poised to fly to new levels soon. Related Reading…
Bitcoin hit a new all-time high of $89,863 amid rising demand and limited supply. Post-2024 halving supply shock is driving demand, with more price gains expected. Bitcoin reached a historic milestone today, hitting an all-time high of $89,863. This new peak underscores the remarkable upward momentum Bitcoin has shown in recent days. The price surge…
Este artículo también está disponible en español. As Bitcoin (BTC) continues its notable ascent, breaking through the $85,000 mark and setting new all-time highs, market experts predict a shift in capital towards several major crypto altcoins that have yet to retest their previous peaks. Price Appreciation For Leading Crypto Post-Election Market expert Jesse Olson recently…
November 12, 2024 at 12:45 PM GST updated: November 12, 2024 at 12:21 PM 3 mins read News Bitcoin (BTC) set a new ATH at $89,604.50 beating out silver. The asset now continues to hold strong as gold price takes a dip. Analysts discuss the reasons behind BTC’s pump. Bitcoin (BTC), the pioneer crypto asset…
Amid Bitcoin’s pursuit to hit the six figures all-time high (ATH), a CryptoQuant analyst known as aytekin, has shared a comprehensive analysis on tools to assess Bitcoin’s market temperature, focusing on distinguishing useful from potentially misleading metrics. According to aytekin, investors’ concerns often center around Bitcoin’s ability to reach new peaks and when it might…
November 12, 2024 at 11:35 AM GST updated: November 12, 2024 at 11:29 AM 2 mins read News Bhutan’s $1B Bitcoin reserve showcases a bold diversification strategy for smaller economies. State-held digital assets gain traction as Bhutan joins nations exploring cryptocurrency as strategic reserves. Bhutan’s steady Bitcoin mining signals a strong commitment to digital assets…
Michael Saylor’s company, MicroStrategy, has made headlines again by purchasing an additional 27,200 bitcoins for nearly $2 billion. This move solidifies MicroStrategy’s position as the largest corporate holder of bitcoin, bringing their total to 279,420 BTC, valued at just under $23 billion as the cryptocurrency reaches record highs above $82,000. The firm has invested a…
November 12, 2024 at 10:50 AM GST updated: November 12, 2024 at 10:45 AM 2 mins read News Bitcoin (BTC) sets a new ATH at $89,604.50 and pushes altcoins into bullish action. Dogecoin and other prominent altcoins have begun to follow Bitcoin’s pump. Analysts explain why the market has started going up today. Bitcoin’s rally…
Bitcoin has made headlines by reaching an impressive $89,000 on Monday, following Donald Trump’s recent election win on November 5. This surge represents a remarkable increase of over 21% since the election results were announced. The cryptocurrency has been on a remarkable upward trajectory, adding nearly $20,000 in just a week after dipping to $66,700…
A recent analysis from BaroVirtual, a CryptoQuant analyst, offers a nuanced perspective on the current state of the Bitcoin market. According to the analyst, fluctuations in the Coinbase premium—a key metric that tracks the price difference between Bitcoin on Coinbase and other exchanges—can offer significant insights. Retail Leverage And Premiums: A Double-Edged Sword Rising or…
Este artículo también está disponible en español. Solana (SOL) recently saw its market cap surge past $100 billion, setting the stage for a potential all-time high (ATH) rally for its native SOL token. Solana Reclaims $100 Billion Market Cap, Is SOL ATH Imminent? Solana, currently the cryptocurrency with the fourth-largest market cap, recently joined the…
Bitcoin has once again caused a stir around the financial world, with the price of a coin pushing over $85,000. This new high of the cryptocurrency comes when the world economy is swinging back and forth. Bitcoin has crossed into what some analysts call the ‘Banana zone,’ a period of scorching upward momentum featuring extreme hype….
Este artículo también está disponible en español. Bitcoin has proven unstoppable, breaking all-time highs five times in six days and surging past the $82,000 mark. This latest milestone cements Bitcoin’s momentum as it pushes into uncharted territory, capturing the bulls’ attention and sparking new levels of optimism in the market. According to recent data from…
The leading cryptocurrency on the market, Bitcoin (BTC), hit a new all-time high of $84,000 on Monday amid increased inflows into the digital asset market and expectations for further gains in the final months of the year. This surge comes in the wake of Donald Trump’s recent victory over Democrat candidate Kamala Harris in the…
Este artículo también está disponible en español. The Bitcoin price trajectory has been nothing short of impressive since the beginning of November. Notably, Bitcoin has been up by about 20.8% from its November low of $67,690, which has allowed it to break into new all-time highs successively. Interestingly, technical analysis of the Bitcoin price suggests…
On Monday, business intelligence firm Microstrategy announced the purchase of additional Bitcoin (BTC) as the largest cryptocurrency on the market hit a new all-time high of $82,500, with increased inflows into various sectors of the ecosystem over the past week. MicroStrategy Now Holds Nearly $23 Billion In Bitcoin In a social media post by Bitcoin…