Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking. Source
Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin
Tag: Bitcoin
Bitcoin Indicator Signals Equilibrium After Trump Victory – A Clear Path To New Highs?
Este artículo también está disponible en español. Bitcoin is trading around $75,000 following Donald Trump’s victory in the U.S. election, stirring fresh optimism in the crypto market. Trump’s pro-crypto stance has ignited excitement among analysts and investors who anticipate favorable policies for digital assets in his administration. With Bitcoin now sitting at all-time highs, many speculate this could begin a new rally phase. Related Reading: Ethereum Analyst Sets $3,400 Target Once ETH Breaks Key Resistance – Details Key data from CryptoQuant indicates that Bitcoin has reached a price equilibrium, suggesting…
US Spot Bitcoin ETFs Rake in a Staggering $621.9M in Inflows in a Single Day
Data from Wednesday’s trading session reveals that U.S. spot bitcoin exchange-traded funds (ETFs) attracted a notable $621.9 million in positive inflows. Crypto ETFs Soar With Positive Inflows Both U.S. spot bitcoin and ether ETFs recorded gains in Wednesday’s session. According to sosovalue.xyz metrics, 12 spot bitcoin ETFs raked in a combined $621.9 million. Leading the […] Original
Bitcoin Holds Below $75K Before Expected U.S. Rate Cut
Ether is over 7% higher in the last 24 hours, outperforming the broader digital asset market, which has risen by 2.7%, as measured by the CoinDesk 20 Index. ETH crossed $2,800 for the first time since early August, breaking out of the $2,300-$2,600 range that has persisted even while other coins were rallying. President-elect Trump’s victory may be stirring hopes of a “DeFi Renaissance” and with it a breakout in the price of ether. “DeFi Renaissance thesis is progressing as expected with Trump deregulation and crypto friendly policy and rule-making…
Analyst Predicts ‘The Final Ascent’ For Bitcoin Price, Why A Rise To $300,000 Is Possible From Here
Este artículo también está disponible en español. The Bitcoin price has now returned into a full bullish sentiment now that the crypto fear and greed index has flipped into greed. This shift reflects growing confidence among investors as optimism takes hold in the cryptocurrency market. For many investors, this renewed positive outlook serves as a strong foundation for more gains in the Bitcoin price. According to a crypto analyst, Bitcoin is ripe for a final ascent to the $300,000 price level. Interestingly, this outlook is not just based on the…
Bitcoin, political meme coins explode as Trump wins election race
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Trump’s election win and Bitcoin’s all-time high spark a surge in political meme coins like Pepe Trump and FreeDum Fighters, creating new trading opportunities. A Trump victory has been confirmed in the U.S. election, with Bitcoin hitting a new all-time high. Traders are now cashing in by betting on political-themed meme coins. The sector has experienced a rally today, reaching a total valuation of $571 million. Trump confirmed as…
Bitcoin (BTC) Registers Fourth-Best Day of 2024 as BlackRock’s IBIT ETF Posts Record Volume
To provide some historical context, ETF trade volume reached a $9.9 billion peak during the March bull run, according to data from checkonchain. Total trade volume on Nov. 6 reached approximately $76 billion, comprising futures volume of $62 billion, spot volume of $8 billion and ETF trade volume of $6 billion, so ETF trade volume is still a small percentage of the total. Source
CNBC Projects Bitcoin Could Hit $100,000 Before Presidential Inauguration
Este artículo también está disponible en español. Following Donald Trump’s victory in the US presidential election against Vice President Kamala Harris, optimism is surging in the cryptocurrency market. Analysts are now projecting that Bitcoin could reach new heights of $100,000 before the presidential inauguration, which is just over two months away. Trump’s Election Signals Shift Toward Pro-Crypto Policies With Trump’s administration firmly established, CNBC reports that Bitcoin has already reached an all-time high of $75,500, signaling a potential shift towards a more crypto-friendly regulatory environment starting in 2025. The combination…
Trump Administration’s Biggest Gift to Crypto Would Be to Adopt the Bitcoin (BTC) Act: CoinShares
CoinShares noted that Trump has been a critic of the Securities and Exchange Commission (SEC) and Gary Gensler, its chairman, particularly in regard to the agency’s approach to crypto. His administration is expected to appoint new SEC leaders, which could lead to a period of more crypto-friendly regulation. Source
Bitcoin Records $75,000 All-Time High: Here’s If BTC Is ‘Overheated’ Now
Here’s what the legendary Bitcoin Market Value to Realized Value (MRVRV) Ratio says about whether Bitcoin is currently overheated or not. Bitcoin MVRV Ratio Has Risen Alongside The Latest Rally In a CryptoQuant Quicktake post, an analyst has discussed about the MVRV Ratio of Bitcoin. The “MVRV Ratio” is an on-chain metric that keeps track of the ratio between the Bitcoin market cap and realized cap. The market cap here is just the total valuation of BTC’s circulating supply at the current spot price. The other metric, the realized cap,…