Tom Lee from Fundstrat believes that smaller altcoins are set to gain traction over larger cryptocurrencies like Bitcoin. In a recent podcast, he suggested that clients consider investing in Ethereum and Solana to diversify beyond Bitcoin, as these assets may provide significant opportunities as the Market evolves. Lee anticipates the beginning of “altseason,” where various ...
Bitcoin’s price sits at $95,300, slightly recovering from a recent dip. MicroStrategy’s co-founder, Michael Saylor, emphasized Bitcoin’s future importance during a pitch to Microsoft, suggesting it represents a key technological wave. Despite a small outflow of $136.5 million from Bitcoin spot ETFs last week, stablecoin reserves on Binance have hit a record high, indicating renewed ...
US exchange-traded funds (ETFs) for Bitcoin and Ether are seeing record demand, following President-elect Donald Trump’s promise to ease regulations on the crypto industry. In November, Bitcoin ETFs attracted $6.5 billion, while Ether ETFs drew $1.1 billion, marking significant inflows. The interest in Ether highlights a growing appetite for digital assets among investors. Notably, BlackRock ...
On Monday, Bitcoin’s price stayed around $96,000 after recovering from a recent dip. Ethereum climbed above $3,454 and aims to reach the $4,000 mark. Meanwhile, Ripple continues its impressive performance, gaining over 60% last week and trading above $2.41. Bitcoin saw a 7% drop last week but bounced back, indicating a potential move toward its ...
In a remarkable move, over 55,000 BTC, worth around $5.34 billion, were withdrawn from exchanges in just 72 hours, indicating strong demand and accumulation among investors. Currently, Bitcoin’s Fear & Greed Index shows “extreme greed,” a sign that may foreshadow Market corrections based on historical trends. With Bitcoin surpassing $99,000, exchange reserves are at their ...
The cryptocurrency landscape is undergoing a notable shift as bitcoin reserves on centralized exchanges like Binance and Coinbase are declining. This trend points to changing investor habits, with more people opting for self-custody solutions instead of keeping their assets on exchanges. From January to November 2024, Coinbase’s reserves dropped significantly, whereas Binance’s reserves remained relatively ...
This week in the cryptocurrency Market saw significant movements, particularly for Ripple’s XRP, which surged nearly 30% in price amid positive legal developments favoring the company. The ongoing lawsuit against the SEC is nearing a resolution, sparking investor optimism. Meanwhile, Shiba Inu (SHIB) gained traction with a notable increase in its burn rate and ecosystem ...
Bitcoin is nearing the significant $100,000 milestone, raising excitement among investors about its leading position in the cryptocurrency Market. Despite this bullish trend, some long-term holders are showing signs of selling, which may impact Bitcoin’s price stability. Recently, the behavior of these holders has turned negative, indicating decreased confidence and potential volatility ahead. However, key ...
At the start of this week, Bitcoin was nearing a significant price milestone of $100,000, currently trading at $95,116. The surge in Bitcoin’s value, which began in mid-2024, is largely attributed to institutional investor interest and improved regulatory clarity in the U.S. Market analysts predict that if current trends continue, Bitcoin could reach $120,000 by ...
This week, Bitcoin is nearing a historic price of $100,000, currently trading at $95,116. The surge, driven by institutional investors and increased trading, reflects growing confidence in U.S. regulatory policies. Analysts suggest that if momentum continues, Bitcoin could reach $120,000 by early 2025. Meanwhile, stablecoins have gained traction, surpassing a total Market cap of $190 ...
