Bitcoin records 129% year-to-date gain seven months after halving
According to data from CryptQuant, there is currently less than 2.5 million Bitcoin available for purchase on digital asset exchanges. Go to Source
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Bitcoin Technical Analysis: BTC Eyes 6-Digit Range Despite Resistance
In the last hour, bitcoin’s price is coasting along between $97,865 to $98,580 on Nov. 29, 2024, after a bullish rally that pushed the market cap to $1.95 trillion. The cryptocurrency’s technical indicators suggest a strong upward momentum across multiple timeframes, though significant resistance looms near the $100,000 mark. Bitcoin Bitcoin’s (BTC) 1-hour chart reveals … Read more
Bitcoin whales ‘took advantage’ of $90K BTC price dip, scooping up $1.5B
Wealthy investors’ appetite for Bitcoin continues to grow as BTC price is once again eyeing the $100,000 milestone level going into December. Go to Source
Cardano founder predicts Bitcoin DeFi will dominate crypto within 3 years
Bitcoin is going to go to $250,000 to $500,000 within the next 12 to 24 months, predicted Charles Hoskinson. Go to Source
SolvProtocol Surpasses $2.6 Billion In BTC Deposits, Leading The Decentralized Bitcoin Reserve Revolution
SolvProtocol has reached a significant milestone, accumulating over 25,000 BTC in deposits, valued at more than $2.6 billion. This achievement cements Solv as the largest decentralized Bitcoin reserve, driven by the innovation of its flagship product, SolvBTC. 🍊Put Your #Bitcoin to Work with Solv@SolvProtocol has recently achieved a major milestone by accumulating over 25,000 $BTC … Read more
Bitcoin’s On-Chain Activity Surges As Market Dynamics Shift
Bitcoin’s on-chain activity is experiencing a significant uptick, marking the first sustained growth of this scale since 2021. Daily active addresses are nearing 1 million, highlighting renewed interest in the cryptocurrency. https://twitter.com/intotheblock/status/1861338230676721786?t=Ut54ItPXiZ7fGUf1Wsdpzw&s=19 One factor contributing to Bitcoin’s recent retracement is elevated funding rates, which signaled excessive leverage in the market. However, these rates have now … Read more
SOS Ltd to jump on Bitcoin bandwagon with $50M purchase, stock pops 40%
China-based SOS, which operates a US-based Bitcoin mine, plans to buy $50 million worth of Bitcoin. Go to Source
MARA purchases 6,474 Bitcoin with convertible notes offering
According to Bitcoin-only financial services firm River, 62 publicly traded companies use a Bitcoin treasury strategy as of November 2024. Go to Source
Bitcoin’s metrics suggest bull market is far from overvalued
Despite recent price corrections, Bitcoin’s valuation metrics still indicate a bull cycle ahead. Go to Source
US dollar weakness, growing money supply could fuel Bitcoin 2025 rally
Bitcoin price rallied over 58% since May, when the M2 money supply turned positive year-over-year for the first time since November 2023. Go to Source