Cryptocurrency

Bitcoin rebounded 6.25% from its local low of $90,742 to above $96,000 on Nov. 29 as onchain data suggested whales “took advantage” of discounted prices this week. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin whales snap up $1.5B more on BTC price dip Data from Cointelegraph Markets Pro and TradingView showed a Bitcoin BTC$96,432 price recovery taking shape after the recent correction […]

Cardano founder Charles Hoskinson said decentralized finance in the Bitcoin ecosystem will eclipse all other crypto DeFi within two to three years. He touted the potential for Bitcoin DeFi while making a bold price prediction and highlighting a new model for bridging Bitcoin BTC$96,447 without using centralized exchanges. “I started in the Bitcoin space and I loved […]

The cryptocurrency markets are booming this year. The cryptocurrency industry plunged into a cold winter during 2022. The cumulative value of every coin and token in the market fell to just $828 billion, down from a peak of $3 trillion in 2021. A string of high-profile collapses across the crypto industry — headlined by the […]

Bitcoin (BTC-USD) is back. And just in time for the holidays. President-elect Donald Trump’s win has kicked off a new era of crypto enthusiasm, as he has pledged to “ensure that the United States will be the crypto capital of the planet.” To the delight of crypto execs and investors, the next president has also […]

Cardano ADA/USD founder Charles Hoskinson, a co-founder of Ethereum ETH/USD, predicted Bitcoin BTC/USD could surge to between $250,000 and $500,000 within the next 12 to 24 months, citing growing institutional investment and emerging decentralized finance opportunities. What Happened: In a recent livestream from Colorado, Hoskinson emphasized Bitcoin’s transformative potential, describing it as more than just […]

The world’s largest cryptocurrency is Bitcoin, (BTC 3.74%) with a market valuation of nearly $1.9 trillion. And as of this writing, the price per Bitcoin isn’t far from $100,000 — it’s a value that many didn’t think was possible, especially just a couple of years ago. Then again, other investors predicted a price of $100,000 […]

The price of bitcoin retreated further from the psychological $100,000 milestone, as investors booked profits from the cryptocurrency’s gains following the presidential election. The largest cryptocurrency by market capitalization was recently lower by more than 4%, at $90,999.30, according to Coin Metrics. Earlier, it fell as low as $90,702.27. The CoinDesk 20, an index measuring broader cryptocurrency performance, fell […]

NEW YORK, Nov 26 (Reuters) – Investors in the world’s largest cryptocurrency are anticipating a significant downward move after bitcoin failed to hit an all-time peak of $100,000, according to a crypto trading platform citing recent options activity. Bitcoin hit a record high of $99,830 on Nov. 22, but it has since fallen more than […]

A newly proposed bill in Brazil’s Congress plans to establish a sovereign federal Bitcoin Reserve, potentially reshaping the country’s approach to digital assets. The bill was introduced on Nov. 25 by Congressman Eros Biondini and seeks the creation of a Sovereign Strategic Bitcoin Reserve known as RESBit. According to the legislation, the Bitcoin BTC$92,890 reserve could shield the country’s […]

Bitcoin BTC$94,278 fell over 3% on Nov. 25 as traders called for calm over new BTC price weakness. BTC/USD 1-hour chart. Source: TradingView Flash Bitcoin volatility punishes late longs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to lows of $94,600 on Bitstamp in volatile conditions after the Wall Street open. Bulls failed to hold a relief bounce from […]