Bitcoin’s price experienced one of its most significant surges in the past several years since November 6, gaining over $30,000 and exploding beyond $100,000 for the first time ever. As such, some market participants decided to cash in on profits. After reports that long-term holders had disposed of portions of their bags, it’s now the […]
Bitcoin Miners Are Selling Fast But Here’s Why You Shouldn’t Worry, Yet Read More »
It’s been a rollercoaster of a day for Bitcoin. Its price reached a historic all-time high above $100,000 earlier, followed by a plunge toward $98,000 moments ago. As CryptoPotato reported earlier, the move above $100K followed Donald Trump’s decision to make Paul Atkins the new Chairman of the United States Securities and Exchange Commission. In the words
Bitcoin Plunges to $98K Amid Heightened Volatility Read More »
It finally happened – Bitcoin has broken past the $100,000 mark. Crypto investors are going wild over this milestone, and many believe BTC’s momentum is just getting started. However, some are already looking towards the altcoin market. And with XRP, RENDER, and STARS beginning to gain traction, these coins could be next in line for
Bitcoin Breaks $100K – Could XRP, RENDER, STARS Soar Next? Read More »
Prominent Bitcoin mining pool Foundry Digital reportedly slashed 27% of its workforce this week. The layoffs, which affected 74 employees, reflect a strategic shift to prioritize core operations, including its Bitcoin mining pool and site operations. This decision follows an internal restructuring within the Digital Currency Group (DCG), Foundry’s parent company. CEO Mike Coyler stated
With December historically a volatile and choppy month for bitcoin (BTC), analysts at the crypto exchange Bitfinex believe the digital asset could experience a short-term pullback; however, a shift in network dynamics could push it above $100,000. According to a weekly report, BTC could maintain upward momentum this month and rally past $100,000 if short-term
Bitcoin to Maintain Upward Momentum and Break Through $100K If This Happens (Bitfinex) Read More »
Despite bitcoin’s price turmoil over the past week, Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, believes the leading digital asset’s dominance is less likely to decline soon. Historical data shows that alternative cryptocurrencies (altcoins) have always rallied when BTC retraces and seen a decline in market dominance during bull
It was a crazy week in the cryptocurrency industry, filled with a lot of volatility, a resurgance that the entire community was debating about, as well as the story of the underdog coming back at it. Let’s dive in. First, we have Bitcoin. Its price tried to breach $100K last weekend on numerous occasions, but
Approximately 98,500 Bitcoin options contracts will expire on Friday, Nov. 29, in a large end-of-month expiry event. They have a notional value of $9.48 billion, which is more than triple that of last week’s expiry. However, it is still likely to be eclipsed by the end of December’s year-end event. This week’s tranche of Bitcoin
Will $9.5B Bitcoin Options Expiry Drive Markets Higher? Read More »
Following Donald Trump’s presidential victory and his promise to establish a strategic Bitcoin reserve, momentum has surged around the idea of integrating Bitcoin into the nation’s economic and geopolitical strategy. In the latest development, crypto miner MARA Holdings has urged the United States to aggressively pursue leadership in the sector and in Bitcoin mining, positioning
MARA: US Must Dominate Bitcoin Hash Rate to Ensure Financial Sovereignty Read More »
Digital asset investment products experienced a record-breaking week, with $3.13 billion in inflows, pushing total investments since mid-September – the start of US interest rate cuts – to $15.2 billion. According to CoinShares, year-to-date inflows have soared to $37 billion, thereby setting a new milestone and outshining the initial success of US Gold ETFs, which
Bitcoin Attracts $3 Billion Weekly Inflows as Prices Neared $100K Milestone Read More »
