United States Senator Cynthia Lummis’ plan to set up a strategic Bitcoin reserve won’t be enough to solve the country’s debt crisis, which has now swelled to $35 trillion, the president of the nonprofit think … Bitcoin reserve won’t solve US debt crisis: Think tank co-founderRead more
Cryptonews
Bitcoin price analysis sees $94K swipe as ETF options launch arrives
Bitcoin (BTC) saw swings near all-time highs on Nov. 19 as geopolitical tensions sparked risk-asset volatility. BTC/USD 1-hour chart. Source: TradingView BTC price analysis sees $94,000 liquidity hunt Data from Cointelegraph Markets Pro and TradingView … Bitcoin price analysis sees $94K swipe as ETF options launch arrivesRead more
BTC price weekly close nears $90K — 5 Things to know in Bitcoin this week
Bitcoin (BTC) launches into a new week inches from fresh all-time highs after sealing its best-ever weekly close. Bitcoin traders see price discovery returning in the coming week while eyeing levels toward $80,000 as a … BTC price weekly close nears $90K — 5 Things to know in Bitcoin this weekRead more
Senator Lummis says Treasury should convert gold for Bitcoin reserve
Wyoming Senator Cynthia Lummis is advocating for the United States Treasury Department to convert a portion of its gold holdings into Bitcoin (BTC) to establish a Bitcoin strategic reserve. Lummis told Bloomberg that by converting … Senator Lummis says Treasury should convert gold for Bitcoin reserveRead more
Ethereum 'dying a slow death' as ETH breaks 8-year trend vs. Bitcoin
Ethereum’s native token, Ether (ETH), recently slipped below its longest-serving support level against Bitcoin (BTC), leading top analysts to conclude that it is “dying a slow death.” Ether breaks support that once prompted a 1,800% … Ethereum 'dying a slow death' as ETH breaks 8-year trend vs. Bitcoin Read more
Bitcoin will not fall to $60K with no ‘threats in the near-term’ — Michael Saylor
MicroStrategy founder and Bitcoin bull Michael Saylor has ruled out the chances of Bitcoin retracing to $60,000 — a crucial price level for the majority of 2024. “I don’t think it is going to $60,000, … Bitcoin will not fall to $60K with no ‘threats in the near-term’ — Michael SaylorRead more
Analyst says strong DXY no good for Bitcoin price, urges leverage traders to be ‘careful’
The United States dollar rising to year-to-date highs has raised concerns about the sustainability of the current Bitcoin bull run, with a crypto analyst warning traders to be cautious about making overly speculative bets. “The … Analyst says strong DXY no good for Bitcoin price, urges leverage traders to be ‘careful’Read more
Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’
United States President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a new government agency, the Department of Government Efficiency (DOGE), aimed at reducing federal spending and cutting regulations. The new organization … Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’Read more
Crypto market cap hits $3.1T high, could soon surpass France’s GDP
Crypto market capitalization has reached a new all-time high of $3.12 trillion — and is now close to surpassing France’s gross domestic product (GDP). On Nov. 11, total crypto market capitalization soared 7% over 24 … Crypto market cap hits $3.1T high, could soon surpass France’s GDPRead more
Crypto inflows hit $1.98B amid post-election momentum
Cryptocurrency investors maintained strong interest in digital investment products last week, driven by post-election market momentum. Crypto investment products saw $1.98 billion in inflows from Nov. 3–9, pushing global assets under management to a record … Crypto inflows hit $1.98B amid post-election momentumRead more
Elon Musk reposts call to end the Federal Reserve Bank
Elon Musk appeared to support a call to end the Federal Reserve Bank in the United States after reposting a tweet from Utah Senator Mike Lee — who called for greater executive oversight over monetary … Elon Musk reposts call to end the Federal Reserve Bank Read more
Bitcoin breaks $79K and 'no rash action is needed,' says analyst
Bitcoin’s price has soared above the $79,000 level for the first time ever in a week during which it reached several new highs since Donald Trump was reelected as president of the United States. ‘This … Bitcoin breaks $79K and 'no rash action is needed,' says analystRead more
BTC price sets fresh all-time high near $77K amid 'long squeeze' fears
Bitcoin (BTC) circled $76,000 on Nov. 8 as “high leverage liquidity” formed around spot price. BTC/USD 1-hour chart. Source: TradingView Bitcoin embraces Fed rate cut with trip toward $77K Data from Cointelegraph Markets Pro and … BTC price sets fresh all-time high near $77K amid 'long squeeze' fearsRead more