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

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…

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