The global cryptocurrency market increased by 11.5% this week, reaching a record high of $3.49 trillion and adding $358 billion in valuation. Bitcoin (BTC) surged over 8% during this period as buyers attempted to breach the $100,000 psychological resistance, and the hype spilled over into the broader altcoin market. Some standout performers this week included Stellar (XLM), Dogecoin (DOGE), and Cardano (ADA). Stellar rallies over 190% Stellar surged over 190% in the last seven days, exchanging hands at $0.4436, its 40-month high as demand surged, making it the best-performing asset…
Category: Bitcoin News
NFT sales drop 9.6% to $160.9m, Ethereum and Bitcoin network sales plunge
As Bitcoin surges toward the $100,000 mark, touching a new all-time high of $99,655.50, the non-fungible token (NFT) sales volume has shown a drop of 9.6% to $160.9 million. The global cryptocurrency market capitalization has continued to surge, reaching $3.35 trillion from last week’s $3.03 trillion. This marks a 2% increase over the last day, with Bitcoin (BTC) currently trading at $98,620. The last week’s NFT sales volume stood at $178.8 million. However, according to recent data from CryptoSlam, the NFT market has seen a pullback. NFT sales volume decreased…
Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny
With bitcoin reaching unprecedented heights, critics have come out in full force, dusting off age-old arguments. The tired accusations resurface: calling it a pyramid scheme, claiming it’s worthless because it isn’t physical, or likening it to the infamous Tulip mania. These overused jabs seem to have become a standard playlist whenever bitcoin captures attention. The […] Original
Bitcoin ETFs hit $3.38b weekly inflows, VanEck eyes $180k
Demand for spot Bitcoin exchange-traded funds soared to its highest levels since launch, with a whopping $3.38 billion flowing in this week, and experts foresee even greater momentum once BTC surpasses $100,000. With five straight days of positive inflows, catalyzed by hopes of an increasingly friendly regulatory environment under President-elect Donald Trump, the total net asset value of Bitcoin Spot ETFs reached $107.488 billion for the first time. The most inflows for the week were recorded on Nov. 21, drawing $1 billion, which coincided with anti-crypto SEC Chair Gary Gensler…
Bitcoin hits record highs, but the next big profits could lie in these 5 cryptos
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin surges, but five emerging cryptos are gaining attention for their potential to outperform and deliver massive returns. Bitcoin’s value is soaring to unprecedented levels, capturing global attention. Yet, beyond this surge, a handful of lesser-known cryptocurrencies are positioning themselves for remarkable gains. These emerging digital assets could be the next game-changers in the crypto world. Delve into the potential of these five cryptos that might offer even greater…
Ethereum lags behind Bitcoin but is expected to reach $14K, boosting RCOF to new high
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum struggles to keep up with Bitcoin, but experts predict a rise to $14K, driving RCOF to new highs with AI tools. Ethereum (ETH) is witnessing mixed sentiment among investors due to its recent price action. Despite the Ethereum price struggle to keep up with Bitcoin (BTC), experts remain enthusiastic that the project will rise to $14k and bring RCO Finance (RCOF) alongside it. RCO Finance is an upcoming…
From Code to $100K: Why Bitcoin’s Milestone Matters to Economics
In the crypto universe, bitcoin’s quest to hit $100,000 feels like reaching the climactic level in a video game—an epic showdown that embodies years of persistence, strategy, and transformation. The $100K Milestone: A Historic Moment in Free Market Economics When bitcoin (BTC) crosses the $100,000 mark in U.S. dollars, it won’t just be a psychological […] Original
Namecheap Amasses $73 Million in Bitcoin Revenue With Over 1.1 Million Transactions
Namecheap recorded an astounding 1.1 million bitcoin transactions with over $73 million generated in revenue. Revenue Milestone for Namecheap Using Bitcoin Namecheap has been providing domain registration services for over two decades. In 2013, they became first domain registrar to support bitcoin payments for domain services via Bitpay. In 2020, the company added Btcpay to […] Original
AI-Led Investment Fund Sees Bitcoin Price (BTC) Going to $140K
Another memorable trade: chipmaker giant Nvidia has been AI’s top pick since the experiment began in summer of 2023. “Back then, I was like, ‘Oh, my God.’ Nvidia had run so much at that point,” Clinton said. “But it’s up now like 400% from the moment the AI picked it.” The lesson in there, he says, is humans will react to charts emotionally, whereas AI “just doesn’t care. It says ‘No, this is going to go higher.’” Original
First Cash-Settled Bitcoin Options to Debut on Cboe
Cboe Global Markets, Inc., announced plans to launch the first cash-settled options product linked to spot bitcoin, effective Dec. 2. The new offering seeks to enhance access to cryptocurrency derivatives for investors. New Bitcoin Options to Launch on Cboe Platform According to the announcement, the new product will be exclusively traded on the Cboe Options […] Original