Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Donald Trump confirmed as President-Elect, sparking crypto surge. Bitcoin hits new ATH at $75K, with broader market up nearly 10%. Donald Trump is confirmed as the President Elect of the United States, and markets have responded to Trump’s pro-crypto stance by sending Bitcoin to a new all-time high (ATH) at $75k. The broader crypto market has risen nearly 10% in accordance, and Dogizen has been no exception. The Telegram…
Tag: Bitcoin
Vintage Bitcoin Wallets Resurface—Millions Worth of BTC on the Move as Prices Hit New Highs
With bitcoin staying solid above the $74,000 mark, a wave of long-dormant bitcoins from years past has suddenly come to life as the price edges higher. Dormant Bitcoin Vaults Open as the Price Climbs Higher Bitcoin (BTC) hit a fresh all-time high, with prices reaching $75,397 per coin on Bitstamp, setting new excitement across the […] Original
Economist Predicts Bitcoin ‘Blow-Off Top’ At $123,000 Post-Trump Win
Este artículo también está disponible en español. The 2024 US presidential election is decided. Donald Trump will get a second term, defeating Kamala Harris. In the midst of election night, the Bitcoin price rose to a new all-time high of $75,407 on Binance. The euphoria is driven by Trump’s big election promises. He wants to establish Bitcoin as a national strategic stockpile, fire Securities and Exchange Commission (SEC) Chairman Gary Gensler and generally enforce a crypto-friendly policy. While a Harris victory would have meant a short-term setback for Bitcoin according…
What’s Next for Bitcoin After Hitting New All-Time High
A new all-time high for bitcoin on U.S. Election Day has sent the market into peak euphoria with speculators looking to ride the bullish momentum. New All-Time High for Bitcoin Another bullish cycle for the crypto ecosystem could be on the horizon with bitcoin’s (BTC) new all-time high (ATH). This new ATH spurred by Donald […] Original
Bitcoin Price (BTC) Hits New Record as CoinDesk 20 Gains Following U.S. Election
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Bitcoin miner Hut 8 to increase hashrate with fleet upgrade
Hut 8 has announced an upgrade to its ASIC fleet with the purchase of 31,145 Antminer S21+ units at $15 per terahash. North American cryptocurrency mining giant Hut 8 has unveiled plans to upgrade its ASIC fleet with the purchase of 31,145 Bitmain Antminer S21+ miners. In a Nov. 6 press release, the Miami-headquartered mining company stated that under the purchase agreement, it will acquire the miners at $15.00 per terahash, with delivery expected in early 2025. This upgrade is set to add 3.7 exahashes per second to Hut 8’s…
Bitcoin ETFs Lose $116.9M as Ether Funds Stay Neutral in Pre-Election Trade
Recent figures reveal that the 12 spot bitcoin exchange-traded funds (ETFs) faced outflows totaling $116.9 million, making it a challenging session. Meanwhile, the nine ether ETFs remained in a steady state, showing neither gains nor losses during Tuesday’s trading. Mixed Results for Crypto ETFs While bitcoin hit a new all-time high on Nov. 5, earlier […] Original
Bitcoin Whales Playing It Safe? Addresses Holding 1,000+ BTC Decline Ahead Of US Elections
Este artículo también está disponible en español. Bitcoin (BTC) whales appear to be offloading some of their holdings ahead of the closely contested 2024 US presidential election. 2% Fall In BTC Held By Whale Addresses In a post on X, crypto analyst Ali Martinez shared that Bitcoin whales – wallet addresses holding a significant amount of BTC – are “dialing back exposure” ahead of what is likely to be a very closely contested US presidential election. Related Reading According to the analyst, there has been a 2% decrease in the…
Bitcoin.com Launches Bitcoin Rewards at 30% APY
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has launched Bitcoin rewards at 30% APY. Rewards, which accumulate in real-time without lockups or custodial risk, are paid in tBTC, Threshold Network’s breakthrough Bitcoin bridge that brings the power of decentralized finance to Bitcoin, enabling faster transactions, flexible trading, lending, and more. “We […] Original
Bitcoin (BTC), Solana (SOL) Hit New Cycle Highs Against Ether (ETH) as Trump Edges Closer to Victory in U.S.
Over the past five years, the ratio has risen from 0.02 to a peak of above 0.08 in early 2022, meaning ETH quadrupled in value relative to BTC at the time. Since then, it’s been on decline. Even as BTC set a lifetime high, ether has yet to break through its high from 2021 and is down 46% from its peak. Source