Category: Bitcoin News

Bitcoin hits new ATH surpassing $1.6T market cap

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Bitcoin has been hitting new all-time highs over the past week as the crypto market recorded strong bullish sentiment after GOP candidate Donald Trump won the U.S. presidential elections. Bitcoin (BTC) gained 18% over the past week and is up 3% in the past 24 hours. The leading cryptocurrency reached an ATH of $81,858 earlier today — currently trading at $81,000 following a mild correction. BTC price | Source: crypto.news Thanks to the consistent gains, the BTC market cap surpassed the $1.6 trillion mark. Its daily trading volume also doubled,…

Bitcoin $125K by New Year? Peter Brandt’s Bold BTC Prediction Shakes Markets

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Peter Brandt projects that bitcoin could surge to $125,000 by the New Year, citing bullish trends and the cryptocurrency’s strong historical price-action patterns. Peter Brandt Sees Path to $125K Bitcoin as Market Enters Uncharted Territory Veteran trader and renowned chartist Peter Brandt shared an optimistic outlook for bitcoin on Sunday after the cryptocurrency broke its […] Original

Trump Wins, Bitcoin Surged: What’s Next?

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Bitcoin hit an all-time-high and mining stocks soared on the very same day Donald Trump won the U.S. presidency. Explore Trump’s bold crypto promises—could this mark a new golden era for Bitcoin and cryptocurrency? The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on […] Original

Bitcoin hits new all-time high: How long until $300,000?

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Fueled by President-elect Trump’s victory and the stock market’s upward momentum, Bitcoin surpassed $80,000 on Sunday — a new all-time high. Investors expect the cryptocurrency to reach six-figures sooner rather than later. VanEck CEO Jan van Eck, in a TV appearance, predicted Bitcoin (BTC) could be valued as half of all the gold outstanding. “I think Bitcoin will hit all-time highs today, and I think it will go further. Ultimately, I think bitcoin’s value will be half of all the gold outstanding, so you’re talking about around $300,000 for Bitcoin.”…

Here’s how Bitcoin reserves have changed since FTX collapse

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November marks two years since the FTX exchange went bankrupt. Since then, major crypto exchanges have seen their Bitcoin reserves grow. FTX’s inability to maintain sufficient reserves to meet user requests exposed severe flaws in its controls. It also highlighted the need for greater transparency and reliable reserve reporting among all crypto exchanges. Observers have grown keenly aware of the risks that exchanges face when they lack sufficient reserves. If they cannot meet withdrawal requests, it undermines user confidence and puts them at risk of losing funds. Maintaining adequate reserves…