Day: November 20, 2024

Is There More Fuel for the Rally?

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Bitcoin price is consolidating gains near the $91,000 zone. BTC is holding gains and might soon aim for more upsides above the $94,000 level. Bitcoin started a fresh increase above the $91,000 zone. The price is trading above $91,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $90,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $93,200 resistance zone. Bitcoin Price Could Rally Again Bitcoin price…

Bitcoin Price Forms Bullish Symmetrical Triangle, Crypto Analyst Says Next Stop Is $100,000

Este artículo también está disponible en español. The Bitcoin price movements have recently formed a bullish symmetrical triangle pattern, a technical indicator that often precedes significant upward momentum. This pattern formation has come amidst a back and forth between $93,477 and $85,970 after the Bitcoin price reached an all-time high of $93,477 on November 14. The observation of this bullish symmetrical triangle was highlighted on the social media platform X by the crypto analyst known as Stockmoney Lizards, who is also credited with developing the Satoshimeter indicator. Symmetrical Triangle Points…

IBIT trading options launch, Bitcoin tap new all-time high $94k

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BlackRock, the largest asset management in the world, officially launched iShares Bitcoin Trust ETF (IBIT) for options trading in Nasdaq, while Bitcoin (BTC) hit an all-time high of $94,041. Since the Securities and Exchange Commission (SEC) approved Bitcoin ETF trading options in September, IBIT is the first crypto product to reach the final clearing steps in the past four days and was approved on Nov. 18. Now, IBIT goes live on the U.S. stock market. According to Bloomberg Intelligence ETF analyst James Seyffart, in his X’s post on Nov. 19,…

US Space Force Major Applies for Military Advisor Position on Bitcoin Strategy

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A U.S. Space Force major aims to shape defense policy by advocating a national bitcoin reserve and highlighting proof-of-work technology’s role in strategic security. Jason Lowery Pushes for Bitcoin Strategy Role in National Security Council Jason Lowery, a major in the U.S. Space Force and a prominent advocate for bitcoin’s role in defense strategies, has […] Original

$400 Price Target Gains Traction

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Este artículo también está disponible en español. Following a price surge, Solana (SOL) reached a market valuation of nearly $117 billion for a new milestone. As the blockchain ecosystem gains traction, both analysts and investors are beginning to pay attention. This surge reflects the growing appeal of its blockchain, which offers fast, low-cost transactions, making it an attractive option for decentralized applications (DApps) and developers searching for a more efficient platform. Related Reading Solana’s value boost isn’t temporary. It signals a bigger trend in cryptocurrency investing toward alternative financial systems.…

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks

Ripple’s CEO has warned against SEC Chair candidates tied to past enforcement controversies, urging leadership that fosters innovation and ends punitive crypto regulation. A Name Sparks Debate: Ripple CEO Slams SEC Chair Prospect Brad Garlinghouse, CEO of Ripple, has criticized the potential appointment of Caroline Stebbins as the next U.S. Securities and Exchange Commission (SEC) […] Source BitcoincryptoexchangeExchanges CryptoX Portal

US Bitcoin Reserve Will Push Price Above $1 Million: Expert

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Este artículo también está disponible en español. In a series of exchanges on X, Adam Back, CEO of blockchain technology firm Blockstream, projected that Bitcoin could surge beyond $1 million if the United States were to establish a Strategic Bitcoin Reserve (SBR) under President-elect Donald Trump. “If the US Strategic Bitcoin Reserve happens, prepare for 7 figure bitcoin. This cycle. The market is skeptical on meaningful follow through for now, so that is not at all priced in,” Back stated. if the US Strategic Bitcoin Reserve happens prepare for 7…