Coinbase stock COIN hit a new 52-week high of just over $328 on Nov. 11, driven by a surge in bitcoin’s value and overall market enthusiasm. Donald Trump-Inspired Enthusiasm On Nov. 11, the stock of the cryptocurrency exchange Coinbase (COIN) hit a new 52-week high of just over $328. The stock’s remarkable run, which started […] Source: https://news.bitcoin.com/coinbase-stock-up-20-in-24-hours-after-btc-rallies-to-new-all-time-high/
Month: November 2024
Bitcoin hits new $85k high, with just 17% left for BTC $100k record
Bitcoin surpassed the record $85,000 mark for the first time in history, potentially setting the stage for a six-figure price tag before 2025. Bitcoin’s (BTC) price breached a new all-time high of $85,000 at 18:41 pm in UTC, Cointelegraph data shows. BTC/USD, 1-week chart. Source: Cointelegraph The new all-time high comes a week after former President Donald Trump won the…
Bitcoin hits new $85k high, with just 17% left for BTC $100k record
Bitcoin surpassed the record $85,000 mark for the first time in history, potentially setting the stage for a six-figure price tag before 2025. Bitcoin’s (BTC) price breached a new all-time high of $85,000 at 18:41 pm in UTC, Cointelegraph data shows. BTC/USD, 1-week chart. Source: Cointelegraph The new all-time high comes a week after former President Donald Trump won the…
To the Moon? Dogecoin Futures Open Interest Hits All-Time High—But Traders Are Hedging
Dogecoin fever is overtaking the cryptosphere after the token’s remarkable rally to three-year highs over the weekend. But despite rosy signals that the Shiba Inu-themed token is destined for the moon (along with the rest of the crypto market), some traders aren’t letting optimism get the best of them. On Monday, open interest on DOGE options soared to an all-time…
US Drives $1.98 Billion Crypto Surge in Wake of Political Shifts, Coinshares Reports
In a recent report, Coinshares, led by head researcher James Butterfill, revealed a significant surge in digital asset inflows, reaching $1.98 billion following the U.S. elections. Historic $1.98 Billion Floods into Digital Assets Post-Election According to the latest Coinshares report, the digital asset investment landscape has seen an inflow of $1.98 billion in the week […] Source: https://news.bitcoin.com/us-drives-1-98-billion-crypto-surge-in-wake-of-political-shifts-coinshares-reports/
Bitcoin, Ethereum ETFs Add Nearly $2 Billion as Crypto Market Surges
It’s not just Bitcoin itself that is seeing immense demand and startling price jumps over the past week—the American spot exchange-traded funds (ETFs) likewise saw enormous inflows following Donald Trump’s election win. Data from CoinShares shows that investors were hungry for crypto products last week—and threw nearly $2 billion at investment funds giving exposure to digital assets. Most of this…
Hive Digital buys 6,500 ASICs, starts Paraguay construction
Bitcoin miner Hive Digital is upgrading its infrastructure as it begins construction of facilities in Paraguay, the fourth country it will operate in. The Nasdaq-listed Canadian miner has purchased 6,500 Canaan Avalon A1566 application-specific integrated circuits (ASICs) for delivery from December through March 2025. Hive Digital revs up The first 500 new ASICs were delivered in the second week of…
TikTok Tap-to-Earn Game Tops a Million Players as Solana’s Sonic SVM Teases Token
SonicX, a tap-to-earn game launched on TikTok, has passed the milestone of 1 million players just a month after its debut, developer Sonic SVM told Decrypt on Monday. Now, the team is eyeing up its token launch date. Previously, the tap-to-earn genre was siloed on Telegram due to the messaging platform’s seamless ability to launch mini apps, along with native…
HashKey Global Announces Support for TRC-20 USDT and TRX
PRESS RELEASE. Hamilton, Bermuda – November 11, 2024 – HashKey Global, is excited to announce support for TRC-20 USDT and TRX. HashKey Global has completed the integration of Tether (USDT) on the TRON network, and deposits and withdrawals for TRC-20 USDT are now open. Furthermore, we are pleased to announce the listing of Tronix (TRX) […] Source: https://news.bitcoin.com/hashkey-global-announces-support-for-trc-20-usdt-and-trx/
Price analysis 11/11: SPX, DXY, BTC, ETH, SOL, BNB, DOGE, XRP, ADA, TON
Bitcoin picked up momentum and soared above $84,500, pulling several altcoins higher. Source: https://cointelegraph.com/news/price-analysis-11-11-spx-dxy-btc-eth-sol-bnb-doge-xrp-ada-ton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound