Bitcoin (BTC) continues to smash new lifetime price highs and long-term holders are starting to awake from slumber, according to Glassnode’s recent analysis. Institutional Investors Anchor Bitcoin’s Ascent as Analysts Warn of Profit-Driven Sell-Offs Glassnode and analysts Cryptovizart and Ukuria OC reported that this month’s surge was driven by capital inflows of $62.9 billion over …
Yearly archives: 2024
Bitcoin ETFs Hit Historic $100 Billion Milestone in Net Asset Value
Bitcoin exchange-traded funds (ETFs) reached a historic milestone, with a total net asset value of $100 billion across the 12 ETFs. Bitcoin ETFs Hit $100 Billion, Representing 5.4% of Bitcoin Market Cap Bitcoin’s rally to a record $95,000 high on Wednesday saw bitcoin ETFs also hit a historic milestone of $100 billion in total net …
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Bitcoin Hits $98,367 Lifetime High, Nears $2 Trillion Market Cap
Bitcoin (BTC) achieved a historic milestone, reaching an all-time high of $98,367 per coin, just 1.66% shy of the coveted $100,000 mark. Bitcoin Approaches $100K, Eyes Market Milestone On Thursday morning at 6 a.m. Eastern Time, the leading cryptocurrency bitcoin (BTC) rose 5.2% against the U.S. dollar in the past 24 hours and 7.8% over …
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Crypto Analyst Predicts Big Dogecoin Rally After DOGE Prints Bullish Pattern – Here’s His Price Target
A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) has massive upside potential after a breakout. Analyst Ali Martinez tells his 85,200 followers on the social media platform X that DOGE may continue to surge after printing a bull flag pattern on the four-hour timeframe. In technical analysis, a bull flag is viewed …
Bitcoin Address Wakes Up After Lying Low for Over 12 Years, Moves $35,843,512 in BTC at 1,667,815% Profit
A long-dormant Bitcoin whale suddenly moved more than $35 million worth of BTC after sitting on it for nearly 12.5 years. The crypto tracker Whale Alert notes the unknown address moved 400 BTC worth $35.84 million to another unknown wallet on Sunday. The wallet received 400 BTC in June 2012 and didn’t touch it until …
Analyst Says Six-Figure Bitcoin Price Incoming – But Warns One Factor Could Delay BTC Rally Till Next Year
Analyst Benjamin Cowen is leaning bullish on Bitcoin (BTC) while warning that one factor could delay the flagship crypto asset from reaching $100,000 before the end of this year. In an appearance on The David Lin Report, Cowen says that Bitcoin is primed to hit a six-figure price based on historical precedent. “If you go …
ETH Price: Network Activity Soars 38% as dApp Volumes Break Records
TLDR Ethereum dApp volumes surged 38% in the last 30 days, reaching $3.54 billion Daily unique active wallets increased to 78.53k Gas usage is rising across DeFi, NFTs, and stablecoin transfers ETH currently trading around $3,114 with key resistance at $3,200 Technical indicators show neutral conditions with RSI at 59.35 Ethereum’s decentralized application (dApp) ecosystem …
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Cardano’s Charles Hoskinson nominates Coinbase’s Brian Armstrong for Donald Trump’s crypto czar
Cardano founder Charles Hoskinson has suggested Coinbase CEO Brian Armstrong as a top candidate for the proposed crypto policy role in Donald Trump’s second administration. In a Nov. 20 post on X, Hoskinson outlined key qualifications for a “Crypto-Czar,” emphasizing neutrality, collaboration across protocols, and a firm grasp of crypto’s unique value. He also criticized …
Bitwise registers Solana Trust signalling future SEC application for SOL spot ETF
Bitwise Asset Management has taken a significant step toward launching a spot Solana exchange-traded fund (ETF). On Nov. 20, the company registered a statutory trust in Delaware through CSC Delaware Trust, signaling plans to file with the Securities and Exchange Commission (SEC) for approval. Bitwise CEO Hunter Horsley confirmed the registration in a Nov. 20 …
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Bitcoin surges to $97k as market leverage hits historic $63 billion
Bitcoin’s relentless rally has taken the leading digital asset to new heights, surpassing $97,000 to reach a new all-time high of $97,862. This surge, ignited by a broader wave of optimism following Donald Trump’s recent political victory, has positioned Bitcoin just inches from the highly anticipated $100,000 mark. Reaching this milestone would be pivotal for …
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Agant’s GBPA aims to transform UK’s digital finance landscape with regulatory-first approach
In a significant development for the UK’s digital asset ecosystem, Agant is preparing to launch GBPA, a pound sterling stablecoin designed to address the growing demand for regulated digital currency solutions. With over 6 million individuals and 32% of UK institutions already active in digital assets, GBPA emerges as a potential game-changer in the realm …
President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’
Argentine President Javier Milei, who self-describes as anarcho-capitalist, issued recommendations to Elon Musk, head of the Department of Government Efficiency (D.O.G.E.), to develop his deregulation and state cleaning role. In Lex Fridman’s podcast, Milei urged Musk to be efficient and relentless in achieving D.O.G.E.’s objectives. “Just cut to the chase, cut to the chase. As …
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Michael Saylor’s Microstrategy ‘Infinite Money Glitch’ Explained: Is It Sustainable?
Michael Saylor, co-founder and Executive Chairman of Microstrategy, the company that pioneered Bitcoin reserves among institutions, seems to have found an infinite money glitch that turns debt and bitcoin into more money and bitcoin. But what’s the endgame, and is it sustainable? Michael Saylor’s Bitcoin Infinite Money Glitch Criticized Michael Saylor, once a bitcoin critic, …
Justin Sun Buys Iconic Maurizio Cattelan Artwork ‘Comedian’ for $6.2 Million, Promises to Eat the Banana
Justin Sun, the founder of TRON, has made headlines by acquiring Maurizio Cattelan’s iconic artwork “Comedian” for $6.2 million at a Sotheby’s auction. In a statement, Sun expressed his excitement, describing the piece as “not just an artwork; it represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community.” He …
Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture
Avalanche’s unique three-chain architecture and novel consensus mechanism makes it ideal for decentralized applications and digital asset creation. What is Avalanche? Avalanche is a decentralized layer one (L1) blockchain platform and ecosystem tailored for building decentralized applications (dapps), custom blockchains, and digital assets. With its novel proof-of-stake (PoS) mechanism, Avalanche seeks to solve the blockchain …
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