Bitcoin Reaches New High Of $94,000: Blockstream CEO Anticipates $1 Million Ahead

Bitcoin (BTC) has achieved a historic milestone, reaching $94,000 for the first time, fueled by a significant uptrend since November 5, the day President-elect Donald Trump secured his re-election. Trump’s promise to bring regulatory clarity to digital assets has ignited a strong rally, with BTC recording a 40% increase in just two weeks. ‘Prepare For Possible Seven-Figure BTC Prices’ This surge reflects increased buying pressure and correlates with growing inflows into Bitcoin exchange-traded funds (ETFs). Yet, speculation surrounding a potential US Bitcoin strategic reserve has further bolstered investor confidence.  Blockstream…

Bitcoin Reaches $93,975, Setting a New All-Time High

Bitcoin (BTC) shattered records on Tuesday, reaching an eye-popping $93,975—a new all-time high. Bitcoin Rallies to $93,975, Liquidating $44.4M in Shorts The top cryptocurrency gained 3.3% against the U.S. dollar in the past day and climbed 7.5% this week. With a towering market cap of $1.86 trillion, bitcoin continues to command attention in the ever-evolving […] Original

Missed Dogecoin’s Recent High? Flockerz ICO Hits $2.3M, Analyst Predicts it Will 10x

Dogecoin has recently become one of the market’s top performers. But for those who missed out on DOGE’s rally, a new meme coin called Flockerz (FLOCK) is starting to gain attention. With over $2.3 million raised in its ICO, one analyst even believes FLOCK could 10x after it hits exchanges. DOGE Price Soars – But […] Source BitcoincryptoexchangeExchanges CryptoX Portal

XRP On Fire: Over 90% Weekly Growth Catapults Altcoin To Fresh 2-Year High

XRP peaked to $1.26, marking a new two-year-high for the coin. The uplift in the value of XRP has happened at a time when the rest of the cryptocurrency market anticipates some regulatory overhauls in the US, and more so after the results of the US elections. With over 90% gains within seven days, XRP’s price rally has brought back the excitement of investors towards the Ripple token. Last Friday, the cryptocurrency closed at $1.05, a whopping 116% monthly increase. For comparison, XRP was barely moving at $0.50 a week…

Bitcoin Price Near a Record High Might Be Just Half the Journey as BCA Research Signals BTC at $200K

“Despite bitcoin’s election-fueled rally, its 260-day complexity is not yet close to the 1.2 level that would signal the start of another crypto winter,” the BCA Research team led by Chief Strategist Dhaval Joshi said in a Nov. 14 note to clients. “Hence, while we should expect a near-term retracement, bitcoin’s structural uptrend is intact with an ultimate destination of $200,000+.” Original

JPMorgan’s Bitcoin (BTC) Retail Sentiment Score Hits Record High, MSTR’s Call Skew Soars

As BTC rose past the $93,000 mark last week and inflows into the U.S.-listed spot ETFs and crypto stocks surged, JPMorgan’s retail sentiment score rose to a record high of 4. The measure is designed to gauge the sentiment of retail investors toward cryptocurrencies, especially bitcoin, based on the activity in the family of BTC products, including spot ETFs. Source CryptoX Portal

Kaixin plans crypto mining expansion amid Bitcoin’s new all-time high

Chinese electric vehicle manufacturer Kaixin is looking for a strategic shift with plans to acquire a controlling stake in a Middle Eastern cryptocurrency mining operation. The announcement depicts a major jump and diversification from its traditional automotive business. Kaixin in advanced stages of acquisition According to Kaixin’s press release, the Beijing-based company is in advanced stages of evaluating the potential acquisition. The target operation features cost-efficient Bitcoin mining machines and provides comprehensive cloud hosting services to meet growing industry demand. Kaixing stated that the facility’s key advantage lies in its…

Bitcoin Trader Unrealized Profit Margins At High Levels – Risk Of Correction?

Este artículo también está disponible en español. Bitcoin set a new all-time high yesterday, reaching $93,483, continuing its impressive rally without significant setbacks. Over the past nine days, the crypto leader has surged with minimal dips, not falling more than 5% during this bullish phase. This relentless price action has drawn widespread attention as Bitcoin defies expectations and resists any notable pullback. Related Reading Key data from CryptoQuant reveals that traders’ unrealized profit margins are climbing, indicating that the market may be nearing a short-term peak. High unrealized profit levels…

Bitcoin (BTC) Traders Make $100K Price Bets Through CME Options as Price Hits Record High: CF Benchmarks

According to CF Benchmarks, traders are flocking to the $100,000 call option on the CME, a location favored by institutional investors, following the lead of their Deribit-based counterparts. A call option gives the purchaser the right, but not the obligation, to purchase the underlying asset at a predetermined price on or before a specific date. A call buyer is implicitly bullish on the market. Source CryptoX Portal