Another memorable trade: chipmaker giant Nvidia has been AI’s top pick since the experiment began in summer of 2023. “Back then, I was like, ‘Oh, my God.’ Nvidia had run so much at that point,” Clinton said. “But it’s up now like 400% from the moment the AI picked it.” The lesson in there, he says, is humans will react to charts emotionally, whereas AI “just doesn’t care. It says ‘No, this is going to go higher.’” Original
Bitcoin is treading a fine line near the coveted $100,000, keeping traders on edge as the market teeters between a breakout or a correction. Bitcoin Currently priced at $98,500 to $98,750 over the last hour, bitcoin (BTC) is navigating a complex market terrain defined by psychological resistance at $100,000 and a well-established support zone below. […] Original
Bitcoin is inching closer to the $100,000 mark, though its momentum has slowed. It clinched another record on Thursday at $99,500, dipping below $99,000 heading into the U.S. open. BTC has risen 1% over the past 24 hours, while the broad-market CoinDesk 20 Index gained over 7%. Most alternative cryptocurrencies (altcoins) in the CD20 outperformed BTC, an early sign of capital rotation into smaller, riskier tokens as bitcoin’s pace stalls. The $100,000 price point poses a significant resistance level, where investors might take profits on their investments. Still, there’s a…
Spot Bitcoin exchange-traded funds in the United States saw a significant surge in inflows on Nov. 21, as Bitcoin inches closer to breaking the $100K barrier. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $1 billion in inflows on Thursday, extending their inflow streak to four days, which netted over $2.8 billion in total inflows during this period. Notably, the inflows seen on Nov. 21 were the highest in the last eight trading days, surpassing the $1.11 billion recorded on Nov. 11. BlackRock’s IBIT led the pack…
Este artículo también está disponible en español. Bitcoin has shattered records again, reaching a new all-time high of $97,903 just hours ago. The cryptocurrency market is exciting as Bitcoin leads the charge, delivering explosive gains that have fueled widespread bullish sentiment. Investors and traders alike speculate this rally is far from over, with Bitcoin edging closer to the monumental $100,000 mark. Key data from Coinglass reveals another significant milestone: Bitcoin’s Open Interest has reached an all-time high. This surge in Open Interest indicates a flood of capital entering the market,…
On Thursday, bitcoin (BTC) hit $98,367 per coin before sliding to $96,524. That same day, a dormant whale from 2016 stirred after eight years, spending a hefty 500 BTC, now valued at $48.26 million. Long-Term Holders Come out of the Woodwork Long-term holders (LTHs) are stepping into the spotlight as bitcoin’s price ascends. Glassnode’s latest […] Original
Bitcoin topped $98,000 heading into the U.S. morning, extending its breakout from an eight-month consolidation since crypto-friendly Donald Trump won the U.S. presidency. The largest crypto has advanced 4.5% over the past 24 hours, leaving the broad-market CoinDesk 20 Index behind. Some altcoins are quickly catching up to BTC’s gain, with ether (ETH), Chainlink (LINK) and Uniswap (UNI) surging 5% in the past hour. The $100,000-per-BTC mark is just a stone’s throw away and BTC futures on Deribit maturing next year are already trading above the threshold. Still, the round-number…
Bitcoin has added $30,000 since Donald Trump won the U.S. presidential election and closing in on a $2 trillion market cap. Original
Spot Bitcoin exchange-traded funds in the United States recorded their third consecutive day of inflows on Nov. 20, with $773.47 million entering the funds as Bitcoin reached a new all-time high of over $97K. According to data from SoSoValue, the cumulative inflows into U.S. Bitcoin ETFs over the past three trading days surpassed $1.8 billion. The momentum comes amid growing optimism surrounding Bitcoin’s future, particularly as regulatory clarity seems to be improving under the upcoming administration of President-elect Donald Trump, who has vowed to position the United States as the…
Este artículo también está disponible en español. BlackRock, the world’s largest asset manager, has officially launched options trading for its Bitcoin ETF, the iShares Bitcoin Trust (IBIT). This debut comes after the ETF received regulatory approval in January and has since attracted significant inflows. Increased Liquidity And Reduced Volatility On The Horizon According to Bloomberg, the introduction of options trading on the $43 billion iShares Bitcoin Trust is anticipated to reduce volatility while broadening Bitcoin’s investor base. Related Reading Alex Thorn, head of firmwide research at Galaxy Digital, stated during…