Bitcoin – Page 78 – DIGIT INFO

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

November 21, 2024 by DIGIT

The cryptocurrency market is experiencing a sharp rise in altcoin prices following the U.S. presidential election, fueled by expectations of a pro-crypto administration, according to Cryptoquant’s latest analysis. Report Highlights Altcoin Price Spikes Amid Hopes of Pro-Crypto U.S. Leadership Cryptoquant analysts report that layer one (L1) cryptocurrencies have surged significantly, with notable increases observed in … Read more

Dormant Bitcoin Whale Awakens: 500 BTC Moved After 8 Years, $5.7M Sent to Gemini

November 21, 2024 by DIGIT

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 … Read more

Ethereum Rallies 7%, Outshines Bitcoin’s Modest Climb – Is the Tide Turning?

November 21, 2024 by DIGIT

On Thursday, Nov. 21, ethereum (ETH) took the lead, climbing over 7% while bitcoin managed a 3% increase. Ether Dominance Shrinks, But Today It Steals the Spotlight from Bitcoin This year has been a rocky road for ethereum (ETH), but on Thursday, the digital asset reached an intraday peak of $3,362 per ether. As of … Read more

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

November 21, 2024 by DIGIT

Bitcoin long-term holders are speeding up likely profit-taking, as data shows their net BTC position dropping compared to a month ago. Go to Source

Mara Holdings raises $1B for Bitcoin acquisition, debt buyback

November 21, 2024 by DIGIT

Mara Holdings has secured $1 billion through convertible notes for strategic debt management and aggressive Bitcoin investment. Go to Source

Bitcoin Breaks All-Time Price Highs: Long-Term Holders Stir as Institutional Demand Surges

November 21, 2024 by DIGIT

Bitcoin (BTC) continues to smash new lifetime price highs and long-term holders are starting to awake from slumber, according to Glassnode’s recent analysis. Institutional Investors Anchor Bitcoin’s Ascent as Analysts Warn of Profit-Driven Sell-Offs Glassnode and analysts Cryptovizart and Ukuria OC reported that this month’s surge was driven by capital inflows of $62.9 billion over … Read more

Bitcoin ETFs Hit Historic $100 Billion Milestone in Net Asset Value

November 21, 2024 by DIGIT

Bitcoin exchange-traded funds (ETFs) reached a historic milestone, with a total net asset value of $100 billion across the 12 ETFs. Bitcoin ETFs Hit $100 Billion, Representing 5.4% of Bitcoin Market Cap Bitcoin’s rally to a record $95,000 high on Wednesday saw bitcoin ETFs also hit a historic milestone of $100 billion in total net … Read more

$47B in BTC may flow into Bitcoin L2s by 2030 — Galaxy Research

November 21, 2024 by DIGIT

Galaxy Research data revealed that $174 million had been invested in Bitcoin layer-2s between January and September. Go to Source

Bitcoin Hits $98,367 Lifetime High, Nears $2 Trillion Market Cap

November 21, 2024 by DIGIT

Bitcoin (BTC) achieved a historic milestone, reaching an all-time high of $98,367 per coin, just 1.66% shy of the coveted $100,000 mark. Bitcoin Approaches $100K, Eyes Market Milestone On Thursday morning at 6 a.m. Eastern Time, the leading cryptocurrency bitcoin (BTC) rose 5.2% against the U.S. dollar in the past 24 hours and 7.8% over … Read more

MicroStrategy stock surges 94% YTD as Bitcoin nears $100K

November 21, 2024 by DIGIT

MicroStrategy stock has soared 94% in 2024, fueled by Bitcoin’s rally above $97,000, with $15 billion in unrealized gains. Go to Source