Day: November 30, 2024

Bitcoin Flows To Binance Hit Historic Lows—Is Market Confidence Soaring?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Could Hyperliquid’s HYPE token hit $10 after its airdrop?

Hyperliquid price surged significantly on heavy volume following its anticipated airdrop. Hyperliquid (HYPE) token spiked to $4.56 from an intraday low of $3.81, boosting its market capitalization to $1.5 billion and fully diluted valuation to $4.58 billion. This rally pushed Hyperliquid to become the 85th largest cryptocurrency by market capitalization. Hyperliquid’s rally coincided with the ongoing cryptocurrency rally as Bitcoin (BTC) jumped over $97,000. Other top-performing cryptocurrencies were the likes of Ripple (XRP) and Solana. It also jumped after being pumped by popular celebrities like Andrew Tate bought the token.…

Bitcoin Resets Open Interest, Targets $100,000 After Holding Key Support

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Este artículo también está disponible en español. Bitcoin (BTC) appears to be rebounding from its recent pullback after reaching a new all-time high (ATH) of $99,645 on November 22. Despite liquidations exceeding $500 million during the downturn, the event did not trigger the cascading sell-offs seen in previous market cycles. Bitcoin Open Interest Resets: Is $100,000 Next? The flagship cryptocurrency seems ready to make another attempt at the $100,000 milestone. According to crypto analyst Byzantine General, the recent BTC price pullback reset open interest to levels last observed when the…

Bitcoin Miners Raised Over $5 Billion in 2024 With $3.6 Billion Spent on Machines and Infrastructure

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Bitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure upgrades. Miners Raise Big and Invest Big in Bitcoin Mining 16 publicly traded bitcoin mining companies have raised more than $5 billion in 2024, according to theminermag.com. The report also revealed that Q3 had the biggest property, plant, and equipment […] Original

Analysts say $300 in these 5 cryptos could bring $3 million gains by 2025

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. Turn $300 into $3m by 2025 with top cryptocurrencies like CYBRO, as analysts forecast explosive growth. Imagine the possibility of turning a modest sum into a multimillion-dollar fortune within a few short years. Top cryptocurrency analysts suggest that investing just $300 in select digital currencies today could result in gains of up to $3 million by 2025.…

Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?

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Despite Bitcoin maintaining investor confidence by holding above critical psychological levels like $90,000, the asset faces notable shift in market sentiment. A CryptoQuant analyst, G a a h, recently shared insights indicating heightened selling pressure within the market, which could signal caution for traders. At the core of this analysis is the delta between buy and sell taker volumes—a key metric used to gauge the market’s behaviour. Bitcoin Faces Increased Selling Pressure According to the analyst, the buy and sell taker ratio metric has reached levels comparable to those recorded…

Can XLM price hit $1 as DeFi TVL and open interest soars?

Stellar price went parabolic on Friday, Nov. 29, as its DeFi ecosystem boomed and its futures open interest reached a record high. Stellar Lumens (XLM) surged to an intraday high of $0.5510, marking its highest level since Monday. This represents a 27% increase from its weekly low, bringing its market cap to over $16 billion. Stellar’s rally mirrored that of Ripple (XRP), which jumped by over 20% as its demand jumped. The two coins have a close correlation because of their role in the cross-border payment industry. Its most recent…

Japanese Regulator Issues Warning Letters to 5 Unregistered Crypto Exchanges

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Japan’s financial regulator, the FSA, has cracked down on five unregistered cryptocurrency exchanges targeting Japanese residents. Users of 5 Exchanges May Lack Asset Protection The Financial Services Agency (FSA), Japan’s financial regulator, announced Nov. 29 that it has issued warning letters to five cryptocurrency exchanges it accuses of operating without registration. The five crypto exchanges […] Source

Jim Cramer Champions Crypto — Reveals Why BTC and ETH Belong in Your Portfolio

Jim Cramer advocates for bitcoin and ethereum as key portfolio assets, citing their appeal amid rising U.S. debt and their potential to navigate fiscal challenges. Jim Cramer: ‘I’ve Liked Crypto for a Very Long Time’ Jim Cramer, host of CNBC’s Mad Money, defended his support for cryptocurrency on Tuesday, recommending bitcoin and ethereum as portfolio […] Source CryptoX Portal

Shiba Inu Could Increase 75% If It Holds Current Level – Analyst Shares Price Target

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Este artículo también está disponible en español. Shiba Inu (SHIB) is capturing market attention as it consolidates at a critical level following an impressive 80% rally from recent lows. The meme-inspired cryptocurrency has shown remarkable resilience, and its current price action suggests a potential breakout at an aggressive pace if it can push above key resistance levels. Related Reading Top analyst InvestingHaven recently shared a technical analysis on X, highlighting SHIB’s bullish potential for 2024. According to the analysis, Shiba Inu is currently holding strong at a critical Fibonacci retracement…