Cryptocurrency

Bitcoin has surged over 40% since Oct. 13, and traders remain confident in its upside potential, pointing out that profit-taking is only about half as intense as during previous all-time high cycles. “While profit-taking is substantial, it remains below historical peaks, suggesting additional room for further gains before reaching potential demand exhaustion,” crypto analysis firm […]

Metaplanet disclosed Monday a $28 million jump in its Bitcoin holdings since it began buying up the asset, surpassing the company’s market capitalization at the start of the year. Since late September, the Tokyo-based firm has more than doubled its Bitcoin acquisitions, increasing from 492.82 BTC to 1,018.17 BTC by mid-November, according to a Q3 […]

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) trade in the red on Tuesday following strong rallies since last week, driven by crypto-friendly candidate Donald Trump’s election victory. Technical indicators now suggest a normal correction for all three coins may be ahead. Bitcoin bulls show signs of exhaustion Bitcoin price reached a new all-time of $89,980 on Tuesday after […]

Bitcoin was trading just shy of $90,000 Monday night after breaching $80,000 just a day earlier. The flagship cryptocurrency was last higher by 12% at $89,100, according to Coin Metrics. Earlier Monday, it rose as high as $89,623.00. Its price is expected by many investors to continue making fresh records on its way up to […]

The U.S. dollar traded close to a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration. The euro languished near an almost seven-month trough reached overnight, while the yuan wallowed close to a more than […]

The rapidly growing iShares Bitcoin Trust (IBIT) has now blown past one of the biggest funds in an old-school category of investing: gold. According to FactSet, the bitcoin exchange-traded fund had roughly $34.3 billion in AUM as of Friday. That puts it above the iShares Gold Trust (IAU), which had just under $33 billion. The […]

Bitcoin continues its march to a new all-time high after hitting $79,645 today, November 10. The crypto asset’s latest strong performance is backed by on-chain data, suggesting an increasing demand from US-based traders in recent weeks. And with the US Federal Reserve’s rate reduced by 25 basis points, many market analysts are looking forward to […]

Bitcoin’s BTC$81,417 price crossed the $80,000 mark for the first in history and over $1.5 trillion in market capitalization just days after Donald Trump’s reelection in the United States presidential elections. On Nov. 10, the top cryptocurrency rose by almost 4.50% to reach a new inflation-adjusted record high of $80,116 (data from Bitstamp). Smaller tokens, including Ether ETH$3,215.22, Dogecoin DOGE$0.3018, and […]

Bitcoin rallied past $81,000 for the first time, boosted by President-elect Donald Trump’s embrace of digital assets and the prospect of a Congress featuring pro-crypto lawmakers. Trump was declared the winner in Arizona, marking a clean sweep of the seven US battleground states. His decisive victory in the presidential election has prompted celebratory chest-thumping from […]

Bitcoin (BTC) jumped above the $79,000 mark for the first time in history in an unusual weekend pump that liquidated $280 million in bearish crypto trades. BTC rose 4%, extending 7-day gains to over 16% on the back of a week that saw Republican Donald Trump elected the U.S. president and Federal Reserve cutting rates […]