Bitcoin’s latest all-time high has meme coins roaring back to life. Dogecoin and Peanut the Squirrel are two of the top performers, posting impressive gains in the past 24 hours. Meanwhile, newcomer Catslap might be next to rally – with investors suggesting it could be a smart buy for a potential bull run next year. […] Original
Bitcoin exchange-traded funds saw a positive shift this week, attracting $2.73 billion in inflows, with analysts expecting even greater momentum as Bitcoin has managed to surpass $100k. The 12 Bitcoin ETFs recorded positive inflows throughout the week, driven by optimism about a more crypto-friendly regulatory environment under President-elect Donald Trump, who recently appointed pro-crypto former federal regulator Paul Atkins as SEC chair, succeeding the anti-crypto Gary Gensler. The highest inflows of the week, totaling $766 million, were recorded on Dec. 5, alongside a 50% surge in daily ETF trading volume,…
Este artículo también está disponible en español. Dogecoin is once again testing a critical resistance level at $0.43, showing signs of renewed bullish momentum. This level has proven challenging for DOGE in recent weeks, but the price action suggests the meme coin could be primed for a parabolic move. Bitcoin trader and investor Coinvo recently shared a technical analysis on X, emphasizing that DOGE has started a monthly breakout, signaling the potential for explosive growth. Coinvo’s analysis highlights that Dogecoin’s current setup aligns with historical patterns that have previously led…
DUBAI, UAE, Dec. 6, 2024 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in partnership with Block Scholes, unveils its November Option Volatility Report, spotlighting Bitcoin(BTC)’s remarkable milestone of surpassing $100K. This detailed analysis delves into key market dynamics and option volatility trends, offering insights to guide traders through the evolving crypto landscape. Bitcoin‘s Volatility on the Path to $100K Bitcoin‘s journey to $100K has been fueled by surging demand for call options and strong bullish sentiment, particularly leading up to the U.S. presidential election on November…
In mid-November, we reached out to several artificial intelligence (AI) chatbots to forecast bitcoin’s value at the close of 2024. Fast forward to today, with bitcoin recently touching $103,647 per coin, we decided it was time for another round of predictions. This time, we posed a slightly altered question to a group of generative AI […] Original
After hitting the $100,000 milestone, Bitcoin suffered a sudden price crash on Friday resulting in an estimated price loss of 7%. During this decline, the asset’s perpetual funding rates in the derivative markets took a hit. However, traders may yet retain enough leverage to strongly influence price volatility. Bitcoin Short-Term Outlook Uncertain Due To Heightened Leverage In an X post on December 6, blockchain analytics firm Glassnode expressed that Bitcoin’s perpetual funding rate may hold significant implications for the asset’s short-term price. For context, perpetual funding rates are periodic payments…
On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) amassed inflows of $376.59 million, while spot ether funds raked in $83.76 million. Crypto ETFs Continue to Shine Throughout the week, the 12 spot bitcoin ETFs saw steady inflows daily, culminating in Friday’s impressive $376.59 million haul. Leading the charge was Blackrock’s IBIT, bringing in $257.03 million, […] Original
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin hits $100K, sparking crypto excitement as Ripple and Yeti Ouro emerge as bullish growth contenders. Bitcoin (BTC) has shattered records, surpassing the $100,000 mark for the first time. This milestone has fueled excitement across the crypto market, with investors now looking at other opportunities. Ripple (XRP) and Yeti Ouro (YETIO) are emerging as top contenders for significant growth in this bullish environment. Bitcoin price surges past $100,000 Bitcoin’s…
Moroccan authorities arrested five people suspected of running a cryptocurrency phishing scam. Email Phishing Scam Moroccan authorities have arrested and detained five individuals suspected of involvement in a cryptocurrency fraud operation. Police also recovered an unspecified amount of money allegedly linked to the scheme, as well as mobile devices used in the crimes. According to […] Source CryptoX Portal