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Search Results for: bitcoin

Bitcoin Cash Surges Above $500 as It Breaks 6-Month Slump

As Bitcoin (BTC) recorded a new all-time high of $98,342 on Thursday, its hard fork, Bitcoin Cash (BCH), broke a prolonged bearish trend and entered the $500 zone for the first time since May. Over the past 24 hours, BCH’s price soared over 24%, rising from a low of $429

November 21, 2024 2 mins read

Can Bitcoin Hit $100K in the Next Few Hours?

Bitcoin has surged to a new all-time high of $98,309, marking a 4.78% increase in the past 24 hours. As the digital asset continues to break records, the question on many investors’ minds is: when will Bitcoin hit the $100K milestone? The rally is largely driven by growing optimism for

November 21, 2024 2 mins read

US Spot Bitcoin ETFs Surpass $100B as Bitcoin Nears $100K

US spot Bitcoin exchange-traded funds (ETFs) have achieved a historic milestone, surpassing $100 billion in total assets. This comes just ten months after their debut in January, marking one of the fastest fund category launches in history. Twelve spot Bitcoin ETFs, including products from BlackRock Inc. and Fidelity Investments, reached

November 21, 2024 2 mins read

Why Is Ethereum (ETH) Stalling at $3.1K While Bitcoin Surges?

The largest crypto asset, Bitcoin (BTC), is in the spotlight in the crypto market, nearing the much-anticipated $100K threshold and setting a new all-time high of $97,862. The BTC rally has driven gains across altcoins, but Ethereum (ETH), the largest altcoin, remains an exception.  As Ethereum lags behind Bitcoin, the

November 21, 2024 2 mins read

Bitcoin Eyes $100K After Reaching New ATH of $97.6K

Bitcoin (BTC) surged to a new all-time high of $97,628 and is currently trading at $97,360 marking a 5.60% gain in the past 24 hours. The global crypto market cap climbed 2.77% to $3.15 trillion, driven by a pro-crypto U.S. government and institutional demand. Trading volume for Bitcoin rose 6.74%

November 21, 2024 2 mins read

MicroStrategy Boosts Note Offering to $2.6B, Eyes Bitcoin Rally to $100K

A positive outlook for Bitcoin’s ability to reach $100,000 is indicated by MicroStrategy’s announcement that it has upped its forthcoming note offering to $2.6 billion. The biggest Bitcoin holder among corporations, MicroStrategy, is planning to acquire further BTC to the tune of $2.6 billion via zero-interest senior convertible notes. According

November 20, 2024 2 mins read

Hoth Therapeutics Allocates $1M to Bitcoin Amid Rising Institutional Adoption

In an effort to take advantage of Bitcoin’s potential as a store of wealth and protection against inflation, Hoth Therapeutics, a biopharmaceutical business in the trial stage, has allocated up to $1 million in the cryptocurrency. In light of the increasing interest in Bitcoin after Donald Trump’s reelection as president.

November 20, 2024 2 mins read

Robert Kiyosaki Backs Michael Saylor’s $13M Bitcoin Forecast

Author Robert Kiyosaki of the best-selling “Rich Dad Poor Dad” book has given his stamp of approval to MicroStrategy cofounder Michael Saylor’s $13 million Bitcoin forecast. In his opinion, Saylor is correct. According to Kiyosaki’s latest social media post, Saylor is quite smart. The price of Bitcoin hit $94,040 on

November 20, 2024 2 mins read

Bhutan Holds $1.1 Billion in Bitcoin Equivalent to 34% of GDP

The Royal Government of Bhutan has strategically accumulated Bitcoin worth over $1.1 billion, representing 34% of the nation’s GDP. This significant holding stems from Bhutan’s innovative use of its vast hydropower resources to mine. Bhutan has emerged as one of the largest state-level holders of cryptocurrency. Bhutan now ranks third

November 20, 2024 1 min read

Is Bitcoin Behind MicroStrategy’s $96B Market Cap Surge?

MicroStrategy has made an entrance to the top 100 publicly traded companies list in the U.S. by market cap, securing the 97th spot. The firm’s market cap has reached $96.73 billion.  This follows a surge in the company’s stock price, which climbed 12% yesterday, breaking the $400 mark. Notably, the

November 20, 2024 2 mins read