Bitcoin (BTC) surged to an all-time high of $93,481 today, marking a milestone as the cryptocurrency market surpassed a $3 trillion valuation. Record-Breaking Bitcoin Price Sparks $3 Trillion Milestone for Crypto Market The price of bitcoin (BTC) surged to a record high of $93,481 today, marking a new milestone for the cryptocurrency. This recent increase […] Original
Bitcoin’s price has once again made history reaching $91,938 on Wednesday morning. BTC Soars Above $91K in Unprecedented Rally Bitcoin (BTC) has broken through the $91,000 mark, reaching a new peak of $91,938 early Wednesday. The surge follows a day’s start at $85,847.86, marking a considerable leap in value. Bitcoin’s latest performance pushes its market […] Original
Why are investors feeling more optimistic than ever about Bitcoin? From sentiment indicators to market dynamics, here’s what’s sparking all the excitement. Historic highs and market dynamics Bitcoin (BTC) is experiencing a remarkable resurgence after a prolonged period of volatility. As of Nov. 12, BTC is trading near the $90,000 mark, currently around $87,000 levels. Earlier today, it reached a new all-time high of $89,900, reflecting a substantial 25% surge over the past week alone. Notably, this bullish trend has propelled the total crypto market cap past the $3 trillion…
Tuesday saw a nice windfall for spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs), with nearly $1 billion flowing in, according to the latest data from sosovalue.com. Crypto ETFs on Fire—Bitcoin and Ether Inflows Hit Nearly $1 Billion The trading day turned out well for the 12 spot bitcoin funds and the nine ether […] Original
The Consumer Price Index (CPI) rose 0.2% in October versus forecasts for 0.2% and a 0.2% rise in September, according to a government report on Wednesday morning.. On a year-over-year basis, the CPI was higher by 2.6%, also matching forecasts even as it rose from 2.4% in September. Original
Bitcoin has applied the brakes to its record-shattering rally after encountering resistance at the $90,000 level. Having briefly hit $90,100 on Coinbase during the U.S. afternoon Tuesday, BTC succumbed to selling pressure, falling as low as $86,200 during the European morning. It subsequently recovered some ground to settle around $87,500, about 2.65% lower than its Tuesday highs. Altcoins saw greater losses, with ETH and SOL falling by 3.6% and 2.8, respectively, in the last 24 hours. The broader crypto market, as measured by the CoinDesk 20 Index, dropped 1.4%. Original
Bitcoin, the world’s largest crypto asset, hit a record-high trading volume after the cryptocurrency reached a new all-time high of $89,956 on Nov. 12. According to a Matrixport report, Bitcoin’s trading volume soared above $145 billion in the past 24 hours, marking a new all-time peak that stands roughly 50% above previous highs observed in August and March this year. In later trading hours, the volume continued to climb, briefly surpassing $170 billion according to Coingecko data. Analysts at Matrixport noted that the surge in Bitcoin’s volume was driven largely…
Thailand charges two for stealing over $280,000 in electricity for illegal Bitcoin mining. Thai authorities have cracked down on illegal Bitcoin (BTC) mining operations, shutting down nine illicit sites and arresting two suspects on charges of electricity theft, valued at over $280,000, The Straits Times has learned. The operation, which took place in Surat Thani province, follows a growing trend of illegal crypto mining activities that have surged in the country in recent years. The investigation was triggered when a local resident reported suspicious CCTV cameras installed at a seemingly…
Genius Group to prioritize bitcoin as the primary asset for its treasury. Smart Bitcoin Investment for Genius Group Genius Group, an AI-powered education and acceleration group has decided to adopt a “bitcoin-first” strategy, making bitcoin its primary treasury asset. The adoption of this strategy came after the company reorganized its board with the addition of […] Original
BlackRock’s IBIT fund continued to see strong inflows for the fourth consecutive day, with $778.2 million flowing into the fund on Nov. 12, while other ETFs experienced a slowdown as Bitcoin dipped below $86,000. According to data compiled by SoSoValue, the 12 spot Bitcoin ETFs recorded net inflows of $817.54 million on Tuesday, extending their inflow streak to five consecutive days and bringing the total accumulated inflows to over $4.2 billion. The surge in investment appears to be largely fueled by a wave of market optimism following Donald Trump’s re-election…