Bitcoin just blew past $82,000, hitting a new all-time high as the crypto market stays on a hot streak after Trump’s election win. But it’s not just Bitcoin making moves. Meme coins are also exploding, with Dogecoin and Pepe Unchained being two of the biggest gainers. Bitcoin Hits New All-Time High – Is $100,000 Next? […] Original
Day: November 11, 2024
Bitcoin price gains see ‘significant pullbacks’ ruled out before $150K
Bitcoin (BTC) took daily gains to 4.5% on Nov. 11 as an unlikely weekend of upside held firmly in place. BTC/USD 1-hour chart. Source: TradingView BTC price knocks on $85,000 Data from Cointelegraph Markets Pro and TradingView showed BTC price momentum passing $84,000 after the Wall Street open. Now up nearly 25% in the past seven days, BTC/USD showed no signs of a major retracement or consolidation as bulls ripped through sell walls and continued price discovery. “In the short term, capo-bears are going to help drag the bitcoin price…
Saylor’s MicroStrategy ups Bitcoin trove to $22b
Michael Saylor’s MicroStrategy has invested another $2 billion in Bitcoin as the world’s most popular cryptocurrency reaches new highs day after day. Saylor tweeted that MicroStrategy spent $2.03 billion on an additional $27,200 Bitcoin (BTC), increasing its total holdings to 279,420 tokens since its aggressive acquisition strategy started in 2020. According to the firm’s disclosures, MicroStrategy acquired its latest Bitcoin trove at an average price of $74,463 per BTC. The software giant has spent nearly $12 billion on Bitcoin so far, with plans to raise additional capital to buy more.…
Bitcoin Soars Past $82,500 As MicroStrategy Makes Major 27,200 BTC Purchase
On Monday, business intelligence firm Microstrategy announced the purchase of additional Bitcoin (BTC) as the largest cryptocurrency on the market hit a new all-time high of $82,500, with increased inflows into various sectors of the ecosystem over the past week. MicroStrategy Now Holds Nearly $23 Billion In Bitcoin In a social media post by Bitcoin bull Michael Saylor, the company announced that it had acquired approximately 27,200 BTC for approximately $2.03 billion. This transaction is one of the largest BTC purchases to date by a corporate entity but in line…
What happened to the top 10 cryptos from when Trump was last president?
Bitcoin has hit new all-time highs as President-elect Donald Trump secured victory in the 2024 United States presidential election. Set to return to the White House after departing in January 2021, Trump now appears to be bringing a pro-crypto stance with him. His campaign made several pledges in support of the cryptocurrency sector, marking a difference with the previous administration. As Trump prepares to resume office, Cointelegraph looks back on how the cryptocurrency landscape appeared during his last term. The industry has seen major shifts since then — half of…
Bitcoin Hits Record Price Highs Amid Market Euphoria; QCP Capital Warns of Possible Pullbacks
Singapore-based QCP Capital warns of volatility amid bitcoin’s rally to record highs, as market analysts note key upcoming events could impact the bullish trend. Bitcoin Hits New Highs but Market Remains Balanced QCP Capital reported that bitcoin (BTC) reached fresh highs, but noted that overall market volatility has remained muted. This relative stability is attributed […] Original
PEPE Upsurge Stalls At Key Resistance, Eyeing Support At $0.00001152
PEPE rally has come to an abrupt halt, as the price faces rejection at resistance and begins its descent toward the key support level of $0.00001152. After a strong upward push, the token has encountered significant selling pressure, raising concerns about the sustainability of its bullish strength. Now, all eyes are on the $0.00001152 mark to determine if it can support a rebound or if this is the beginning of a deeper pullback. This article aims to navigate PEPE‘s recent price action as it encounters resistance, causing the rally to…
Top 20 Cryptocurrencies Show Strong Performance as Bitcoin Surges
Bitcoin and the leading 20 cryptocurrencies saw mixed outcomes this past week, with bitcoin taking the lead in growth despite ongoing market volatility. Bitcoin Continues to Gain Amid Broader Cryptocurrency Rally The crypto market had notable ups and downs as bitcoin (BTC) topped the charts, rising 2.4% in 24 hours and marking an 18.4% increase […] Original
SHIB braces to jump ahead of XRP, expert says this altcoin under $0.1 could 10x first
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts anticipate gains for Ripple and Shiba Inu, while DTX Exchange’s speed sparks bullish sentiment in DeFi markets. Analysts are eyeing a potential rally from Ripple (XRP) and surging Shiba Inu price. Meanwhile, DTX Exchange (DTX) has turned heads as its lightning-fast execution speeds spread a bullish narrative about the network in the volatile market. According to AI crypto analysts, this new deFi project could be the ‘Solana-Killer’ in…
China’s Nano Labs embraces Bitcoin as payment option
Hangzhou-based fabless integrated circuit design company Nano Labs has begun accepting Bitcoin as payment for its products via a business account on Coinbase. Nano Labs, a cryptocurrency-mining chip designer based in Hangzhou, Zhejiang province, said in a press release on Nov. 11 that it has started accepting Bitcoin (BTC) as a payment method for its products through a business account on Coinbase. The company stated that this decision reflects the growing demand for crypto operations within the technology sector. “As cryptocurrency adoption continues to grow, particularly among businesses seeking efficient…