As of Dec. 7, 2024, at 3:25 p.m. EDT, bitcoin (BTC) is trading at $100,297 per coin, making it the seventh-largest asset globally by market capitalization, with a total valuation of $1.98 trillion. Before stepping into 2025, here’s an in-depth look at the top ten entities holding bitcoin and their stakes. $294 Billion in Bitcoin: […] Original
In mid-November, we reached out to several artificial intelligence (AI) chatbots to forecast bitcoin’s value at the close of 2024. Fast forward to today, with bitcoin recently touching $103,647 per coin, we decided it was time for another round of predictions. This time, we posed a slightly altered question to a group of generative AI […] Original
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While Bitcoin’s rise to $100K grabs attention, lesser-known altcoins could surge 10,000% in the 2025 winter rally. Bitcoin’s potential rise to $100,000 is grabbing headlines, but it might not be the biggest opportunity ahead. Some lesser-known cryptocurrencies could soar by 10,000% during the 2025 winter rally. This article explores which altcoins might outpace Bitcoin and why they could offer extraordinary returns in the rapidly evolving crypto market. CYBRO eyes…
The role of Bitcoin long-term holders (LTHs) has again come under the microscope of analysts as the asset currently faces a 4.5% correction from its all-time high (ATH) above $100,000 created on Thursday. These holders, defined as those who retain their Bitcoin for over 155 days, are known to influence market movements through their accumulation and distribution behaviors significantly. A recent analysis by CryptoQuant analyst Datascope has highlighted key trends in LTH activity that could signal the next phase for Bitcoin. Key Trends And Historical Context Datascope’s insights highlight the…
With Bitcoin briefly surpassing $100,000 and the S&P 500 posting its best year since 2019, Bank of America’s strategist warns of a potential market overshoot. U.S. stocks and cryptocurrencies are showing signs of overheating, with Bank of America Corp.’s Michael Hartnett warning of a potential “overshoot” in early 2025, Bloomberg reports. The S&P 500’s price-to-book ratio surged to 5.3 times in 2024, nearing a peak of 5.5 seen during the dot-com bubble in March 2000. Hartnett cautioned that if the index approaches 6,666 points — about 10% above current levels…
Bitcoin (BTC) continues its historic climb, trading at $103,232 and boasting a market capitalization of $2.039 trillion, a milestone that cements its place as the seventh most valuable asset globally. This surge places its market cap at approximately 11.34% of gold’s $17.972 trillion valuation, highlighting its growing influence in the financial ecosystem. Bitcoin Soars to […] Original
El Salvador bonds emerged as top gainers in emerging-market debt, fueled by Bitcoin’s surge past $100,000. Bitcoin’s (BTC) price movement catalyzed a rally for El Salvador bonds on Dec. 5, according to Bloomberg’s indicative pricing data for sovereign-issued debt due in 2035 and 2041. “This is the first time in history that Bitcoin has driven sovereign bonds up in traditional markets,” wrote El Salvador pro-BTC President Nayib Bukele via X in response to the news. El Salvador’s $269.7 million Bitcoin accumulation strategy has generated $333.6 million in unrealized profits, leaving…
While bitcoin (BTC) climbed into the $100,000 range, ethereum (ETH) took a modest step upward with a 2% increase but still couldn’t cross the $4,000 threshold. ETH Faces a $4K Wall: Modest Gains as Market Eyes Bitcoin’s Triumph The second-largest cryptocurrency by market capitalization—and the 26th most valuable asset globally—ethereum has seen some positive movement, […] Original
A novelty Bitcoin token arranged in front of the price of the cryptocurrency against the US dollar, reaching over $100,000, in Hong Kong, China, on Thursday, Dec. 5, 2024. Paul Yeung | Bloomberg | Getty Images Bitcoin‘s long-awaited push above $100,000 comes during the culmination of a year in which the leading cryptocurrency was embraced by key Wall Street institutions and became a hot topic in the U.S. presidential election. For years, bitcoin bulls predicted a rally to $100,000 as a way to show their optimism about crypto. But many…
Incoming President Donald Trump celebrated Bitcoin’s historic price surge as the cryptocurrency hit six figures, sparking optimism among investors. Bitcoin (BTC) reached an all-time high of $100,000 on Dec. 4, marking a historic milestone for the world’s largest cryptocurrency. Former President Donald Trump took to Truth Social to commemorate the event, posting, “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!” The price jump represents an approximate 7% increase in value, boosting Bitcoin’s market capitalization to $2 trillion. According to Asset Market Cap, Bitcoin is now the…