While bitcoin has been climbing swiftly, a variety of alternative crypto assets have outpaced it, prompting speculation that altcoin season might be near. Speculation Swirls Around ‘Altcoin Season’ This week, bitcoin repeatedly shattered its own record highs, even reaching new peaks multiple times today. While bitcoin has shown significant value gains in U.S. dollars, some […] Source: https://news.bitcoin.com/bitcoin-blazes-ahead-but-altcoins-steal-the-show-is-altcoin-season-finally-here/
Investors expect cryptocurrency’s bull run to continue into 2025 and peak in the second half of the year, MV Global, a Web3 investing firm, told Cointelegraph on Nov. 11. Nearly half of investors anticipate a market top in the second half of 2025, MV Global said, citing a survey of 77 large cryptocurrency investors, including venture firms, hedge funds, and…
Bitcoin (BTC) price entered a strong price discovery phase for the first time since December 2020, after its weekly chart closed above $80,000. BTC’s bullish structure has transpired from a short-term to a long-term outlook, and multiple analysts believe that an assortment of six-figure price targets will be attained sooner than later. Bitcoin could reach $125,000 by New Year’s Eve…
United States Senator Cynthia Lummis expressed support for President-elect Donald Trump’s proposal for a Bitcoin reserve after Trump won the 2024 US presidential elections on Nov. 5. Lummis, a Wyoming Republican and strong crypto advocate, highlighted her intention to pursue the legislation in the Senate, suggesting that the US acquire 1 million BTC — about 5% of its supply —…
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/
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 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…
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…
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/
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…
