Bitcoin’s 11% rally to $89,500 on Nov. 11 has pushed United States spot Bitcoin exchange-traded funds (ETFs), MicroStrategy Inc (MSTR) and Coinbase Global Inc (COIN) to a record $38 billion in combined daily trading volume. The record day far surpassed the previous high of around $25 million set in March amid Bitcoin (BTC) breaking through a long-held price peak, according…
Category: News
OpenAI’s Next-Gen Model Hits Performance Wall: Report
OpenAI’s upcoming artificial intelligence model is delivering smaller performance gains than its predecessors, sources familiar with the matter told The Information. Employee testing reveals Orion achieved GPT-4 level performance after completing only 20% of its training, The Information reports. The quality increase from GPT-4 to the current version of GPT-5 seems to be smaller than that of GPT-3 to GPT-4.…
$100K Within Reach: Bitcoin Set to Shatter More Records — ‘This Is Just the Beginning’
Bitcoin is on the cusp of $100,000, driven by Trump’s pro-crypto agenda, which Devere CEO Nigel Green says could catalyze record-breaking growth and mainstream adoption for the digital asset. BTC on the Edge of $100K — A New Record-Breaking Chapter Begins Bitcoin is poised to reach $100,000 following President-elect Donald Trump’s win, driven by his […] Source: https://news.bitcoin.com/100k-within-reach-bitcoin-set-to-shatter-more-records-this-is-just-the-beginning/
Bitcoin Nears $90K as Frenzied Buying Pushes Market to New Heights
Bitcoin reached a near-historic high on Bitstamp tonight, peaking at $89,643, as the leading cryptocurrency continues a remarkable rally that has reignited global market interest. Bitcoin Smashes $89,600 Mark The price of bitcoin (BTC) has surged over 12% against the U.S. dollar in the past 24 hours, reaching a unit price of $88,688 by 6:40 […] Source: https://news.bitcoin.com/bitcoin-nears-90k-as-frenzied-buying-pushes-market-to-new-heights/
‘Volmageddon’ — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B
Bitcoin’s 11% rally to $89,500 on Nov. 11 has pushed United States spot Bitcoin exchange-traded funds (ETFs), MicroStrategy Inc (MSTR) and Coinbase Global Inc (COIN) to a record $38 billion in combined daily trading volume. The record day far surpassed the previous high of around $25 million set in March amid Bitcoin (BTC) breaking through a long-held price peak, according…
Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for Investors
A new study shows a slump in the non-fungible token market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with 64% having fewer than 10 mints. This […] Source: https://news.bitcoin.com/study-98-of-2024-nft-drops-are-dead-only-0-2-have-generated-profits-for-investors/
Coinbase Stock Jumps as Bitcoin Prices Soar, Analysts Forecast a Much Higher Target
Bitcoin continues to set new records, and it shows no signs of slowing, according to analysts Decrypt previously spoke to. While the world’s largest crypto broke above $89,500 on Monday, crypto-related stocks are also in for the ride—namely America’s largest crypto exchange, Coinbase. The San Francisco-based company’s shares (COIN: NASDAQ) closed Monday’s trading session at $334.24, Google Finance data shows. …
Binance Lists Two New Solana Meme Coins: The AI Prophecy and Peanut the Squirrel
Binance has added two new Solana meme tokens—The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) to its growing list of meme coins. Shiny New Meme Coins for Traders on Binance The bull market is here and exchange listings are coming in thick and fast. Binance latest foray into the meme coin ecosystem saw it […] Source: https://news.bitcoin.com/binance-lists-two-new-solana-meme-coins-the-ai-prophecy-and-peanut-the-squirrel/
Gold Bug Peter Schiff Urges Traders to Buy His Ordinals Amid Bitcoin’s Surge
With Bitcoin surpassing all-time highs by the hour, even noted Bitcoin skeptic Peter Schiff is trying to get in on the action by selling his Ordinals collection. On Sunday, the financial commentator and radio host said on X (formerly Twitter) that the Peter Schiff Ordinals collection, also known as the Golden Triumph Ordinals Set, would go up for sale on…
Trump’s Crypto Renaissance Could Accelerate Latin American Adoption, Experts Say
Donald Trump’s election victory and promised crypto-friendly policies could accelerate digital asset adoption in Latin America, where stablecoins and Bitcoin already serve as inflation shields and remittance channels for millions, experts say. Regional exchanges are reporting a spike in crypto activity as the President-elect’s pro-Bitcoin stance resonates in inflation-hit economies. The president-elect’s pledge to establish a national Bitcoin reserve and…