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
Tag: Bitcoin
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
Semler Scientific Acquires More Bitcoin, Despite Mixed Q3 Financial Results
Semler Scientific increased its bitcoin (BTC) holdings with the purchase of an additional 47 bitcoins for an aggregate amount of $3 million. This brought its total bitcoin holdings to 1,058 bitcoins for a total purchase amount of $71 million. Semler Scientific Expands Bitcoin Holdings Amid a Rise in Income Semler Scientific Inc., a company that […] Original
BlackRock’s IBIT records largest outflow day as Bitcoin ETFs log third consecutive day of outflows
On Nov. 5, BlackRock’s spot Bitcoin exchange-traded fund, BITB, recorded its largest net outflow day since inception, with $44.2 million leaving the fund. Since its launch in January, BlackRock’s BITB has experienced only six days of outflows, with the previous largest single-day outflow of $36.9 million on May 1. According to data from Farside Investors, the 12 spot Bitcoin ETFs recorded a net outflow of $116.8 million on Nov. 5, extending their outflow streak to three consecutive trading days. However, these outflows were significantly lower than the $541.1 million recorded…
Bitcoin reaches $75k, marking new ATH on the heels of US election
Bitcoin just reached a new all-time high after struggling below the $70,000 zone over the past week. Bitcoin (BTC) is up 9.2% in the past 24 hours and is trading at $74,550 at the time of writing. The leading cryptocurrency briefly touched an ATH of $75,011 with a market cap of $1.48 trillion. The asset’s previous ATH of $73,750 was marked in March. BTC price | Source: crypto.news Currently, Bitcoin has a 59.4% dominance over the broader crypto market. One of the main reasons behind the BTC price rally is…
Bitcoin Rises Nearly 10% Against Mexican Peso as 'Trump Trade' Soars; Gold Stays Flat
Trump has vowed to impose sweeping tariffs on Mexico and other trading partners. Source
XRP Price Momentum Reignites As Bitcoin Hits New ATH: Is a Major Rally in Sight?
XRP price is gaining pace above the $0.5050 support zone. The price is rising and might even aim for a move above the $0.5500 resistance. XRP price is eyeing a decent increase above the $0.5250 zone. The price is now trading above $0.5220 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $0.5100 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it settles above the $0.5350 resistance zone. XRP…
Bitcoin Hits New Record Above $75K as Trump Dominates Early Voting
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Historic: Bitcoin Breaks All-Time High as Trump Gains Ground in Prediction Markets
In a historic night for crypto markets, bitcoin has blown past its previous all-time high (ATH) numbers, reaching $75,000 on several exchanges. This price action comes on the heels of several favorable announcements supporting the possible victory of former President Donald Trump in the U.S. elections, as his chances of winning the presidential race reached […] Original
Bitcoin Hits New Record Above $73.8K, DOGE Surges 17% as Trump Polymarket Odds Shoot to 80%
Part of BTC’s spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass data shows, as Trump leads in early voting. Source