Bitcoin (BTC) hit an all-time high of $87,475 today, cementing its position as a dominant force in the cryptocurrency market and moving closer to the significant $2 trillion market cap milestone. Bitcoin Climbs to New Records as Short Positions Tumble With a trading volume of $111.30 billion, bitcoin‘s (BTC) recent price surge reflects heightened market […] Source CryptoX Portal
Day: November 11, 2024
Bhutan’s Bitcoin holdings surpass $1b
Bhutan, the Himalayan kingdom renowned for its happiness index, has seen its Bitcoin holdings surge to over $1 billion as the crypto market rallies. Arkham, in data shared via X on Nov. 11, revealed that the Royal Government of Bhutan’s total Bitcoin (BTC) holdings had surpassed the $1 billion mark. The blockchain intelligence and analytics platform’s post came as the flagship cryptocurrency soared amid massive bullish momentum. Bhutan’s foray into crypto isn’t new, with the South Asia country having invested millions of dollars in digital assets before. The country also…
Solana price hits 2+ year high — Is a new SOL all-time high on the way?
Solana’s native token, SOL (SOL), surged by 35% between Oct. 5 and Oct. 11, reaching its highest level since December 2021 at $222. This movement has led traders to speculate whether the all-time high of $260 is within reach, especially after Bitcoin (BTC) crossed $84,500, driven by steady institutional inflows and anticipated regulatory clarity in the United States. SOL has outperformed the broader altcoin market, which saw a 33% increase over the same six-day period ending Oct. 11. Investors’ optimism regarding SOL is partly fueled by the expansion in Solana’s…
Coinbase stock breaks $300 for first time since 2021
The crypto exchange is one of the big winners from the United States elections on Nov. 5. 4810 Total views 3 Total shares News COINTELEGRAPH IN YOUR SOCIAL FEED Shares of cryptocurrency exchange Coinbase Inc. (COIN) surged more than 20% on Nov. 11, pushing the stock past $300 for the first time since 2021. United States crypto stocks are seeing massive gains after Donald Trump’s victory in the presidential election, as many believe his win will benefit the industry, Cointelegraph Research said. “We see Coinbase as a beneficiary of the election results…
Bitcoin Blazes Ahead, But Altcoins Steal the Show – Is ‘Altcoin Season’ Finally Here?
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 […] Original
Bitcoin Data Reveals Bulls Are Growing But Still Behind March 2024 Peak – Details
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 CryptoQuant, the number of bullish investors is growing rapidly, yet there’s reason to believe Bitcoin’s rally is far from over. Related Reading CryptoQuant’s insights indicate that BTC remains significantly below its March 2024 peak in…
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 CryptoX Portal
Investors see crypto markets peaking in H2 2025: Survey
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 high-net-worth individuals. “This seems to be a very popular opinion and, therefore, very likely priced into markets,” noted Tom Dunleavy, a managing partner at MV Global. Flows by assets (in…
Bitcoin trader say BTC headed toward $125K by New Year’s Even based on ‘Bayesian probability’
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 Peter Brandt, a popular market analyst, highlighted that Bitcoin tends to repeat its bullish price action trends when it decides to “mark up.” The trader addressed BTC’s current move above…
Bitcoin soars to $76.8K, but analysts say these 5 altcoins will dominate the bull run
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin hits record highs, but experts eye five altcoins poised to outshine it in this bullish market. Bitcoin has soared to record-breaking levels, igniting excitement across the crypto community. However, industry experts are casting their gaze beyond the flagship cryptocurrency. They believe that five alternative digital assets are set to outshine Bitcoin in the current bullish market, capturing the attention of investors and potentially reshaping the crypto landscape. CYBRO…