Bitcoin (BTC) surged to $96,859 today and is currently trading at $96,171, reflecting a 0.55% daily gain. With a market cap of $1.90 trillion, the cryptocurrency showcases resilience, despite reduced block rewards and low transaction fees. The 24-hour trading volume spiked to $47.13 billion, accounting for 2.5% of the market
As the community enters winter, Bitcoin has risen to the $96K level. Will things get heated over the weekend? We’ll have to wait it out. Meanwhile, prominent financial tycoon Don Wilson suggested that the sector restart regulations from scratch. On the other hand, Ton’s newest project, TON Teleport BTC, has
Following the announcement that the business will raise $62 million by offering the Moving Strike Stock Acquisition Rights in order to buy more Bitcoins, Metaplanet’s shares jumped 6.5% during Thursday’s trading session. The stock has increased by 102% in the last month, which is three times the 36% gain made
Bitcoin’s market sentiment has been significantly influenced by a crucial metric, the Mean Dollar Invested Age (MDIA). This metric measures the average age of each BTC that has been sitting in wallets on the network. A rapid drop in MDIA indicates that dormant coins are moving back into circulation, a
The excitement for new announcements and developments, particularly President-elect Donald Trump, pushes the Bitcoin market to new highs. Today, the market reacted to another level with Senator Cynthia Lummis’s new statement linking Trump to pro-Bitcoin initiatives. Sharing a video on Twitter, Lummis claimed, “President Trump is assembling an army to
In less than 48 hours, the crypto market, and particularly Bitcoin, has taken a downturn. The cryptocurrency dropped 7% on Tuesday, hitting the $91K level after days of trading above $95,000. This price movement has had minor effects on the altcoin sector, but tokens have bounced back to previous trading
Just an hour before, Bitcoin (BTC) saw a significant drop in the Asian trading hours, plunging into the $91K range after a loaded crypto liquidation totaling $687 million. BTC alone accounted for $178.25 million in liquidations, reflecting the market’s struggle with overheating leverage positions and profit-taking among holders. Over the
The daily active addresses on the Bitcoin blockchain are witnessing a substantial increase and are approaching the 1 million mark, as per IntoTheBlock market intelligence platform. As Bitcoin is marching towards the $100k level, the on-chain activity is rising with the increased interest among Bitcoin users. Bitcoin’s long-term activity trend
In an announcement about its Bitcoin holdings, healthcare-focused technology business Semler Scientific revealed the purchase of 297 BTC between November 18 and 22, 2024. With fees included, the average price of a Bitcoin was $97,995, and the total cost to the business was $29.1 million. A recent release states that
While the flagship cryptocurrency Bitcoin is hitting new highs every day, Rumble, the popular video platform known for its conservative audience, is making a significant shift in its financial strategy by investing in Bitcoin. On Monday, the company’s Board of Directors approved a plan to allocate a portion of its
