Bitcoin (BTC) has recently surged past $107,000, marking a new all-time high and reflecting over a 50% gain since the U.S. elections. While the price rally follows positive news about the potential establishment of a U.S. bitcoin reserve, traders are displaying a more cautious attitude in the options Market compared to past trends. Currently, options ...
Bitcoin has recently achieved a record high against gold, with the BTC-to-gold ratio reaching 32.19 ounces of gold per Bitcoin, as noted by trader Peter Brandt. This indicates Bitcoin’s growing status as a valuable asset. Brandt suggests that Bitcoin could further rise to 89 ounces of gold in the future, aligning with predictions that it ...
Bitcoin is experiencing a significant surge, surpassing the $105,000 resistance level and reaching a new all-time high of over $107,000. Currently, Bitcoin is trading above $104,000 and showing strong momentum, supported by a key bullish trend line. For continued gains, it must maintain support above $103,500. If the price breaks through the resistance at $107,500, ...
Bitcoin has recently achieved a new milestone, soaring to an all-time high of USD 106,000, surpassing its previous record from December 2024. This significant leap is largely attributed to the Bitcoin Halving event, which occurred in April 2024. Bitcoin Halving reduces the mining reward for Bitcoin, impacting supply and often leading to price increases. With ...
In our latest article, we explore Affirm Holdings Inc. (NASDAQ:AFRM) and its position among the top digital currency and payments stocks. As the digital payments Market grows, valued at $115.93 billion in 2023 and projected to reach $180.26 billion by 2028, companies like Affirm are adapting to changing consumer preferences. The rise of e-commerce and ...
The U.S. Attorney’s Office of Idaho has issued a public service announcement warning residents about a growing cryptocurrency investment scam, particularly during the holiday season. This initiative is part of a campaign called “Don’t Click December,” launched by the U.S. Attorney, the FBI, and local law enforcement agencies. The campaign highlights the dangerous “pig butchering” ...
Ripple, a well-known blockchain company, is set to launch its stablecoin, Ripple USD (RLUSD), on December 17. This dollar-backed digital currency aims to enhance the use of stablecoins in global finance, especially with expected regulatory clarity following Donald Trump’s recent election. Initially, RLUSD will be available on platforms like Uphold and Bitso, with plans to ...
Crypto investment products have surged in 2024, with net inflows reaching an impressive $3.2 billion just last week, according to CoinShares. This has pushed the total year-to-date inflows to a record $44.5 billion, surpassing previous years by four times. A significant portion of this growth is driven by U.S. spot Bitcoin exchange-traded funds (ETFs), which ...
Bitcoin has soared past $107,000, driven by optimism following U.S. President-elect Donald Trump’s promise to create a Bitcoin strategic reserve akin to the country’s oil reserves. This news has excited cryptocurrency investors, leading to a 5.43 percent increase in Bitcoin’s value. Analysts note that the Market is looking toward the next milestone of $110,000, as ...
Recent activity in put options for BlackRock’s Nasdaq-listed spot bitcoin ETF (IBIT) has raised eyebrows, with more than 13,000 contracts for $30 out-of-the-money puts being traded. Despite this surge, experts suggest that this may not indicate a bearish outlook. Much of the trading volume reflects a strategy called “cash-secured put selling,” where traders aim to ...
