Brazil proposes strategic Bitcoin reserve in new bill introduced to Congress

Brazil might be rewriting the rulebook on sovereign reserves. On November 25, Congressman Eros Biondini dropped a bill that could shake up Brazil’s financial system. The legislation proposes the creat...

Bitcoin Long-Term Holders May Hesitate to Sell Despite Recent Profit-Taking, According to Glassnode Analysis

The latest insights from Glassnode reveal that Bitcoin long-term holders are highly selective, needing a significant market pullback before selling their assets. Despite the recent surge in Bitcoin’s ...

Jason Calacanis Questions MicroStrategy’s Bitcoin Strategy

MicroStrategy, led by Michael Saylor, has made headlines once again with a bold Bitcoin acquisition. Between November 18 and 24, 2024, the company purchased 55,500 BTC for approximately $5.4 billion, ...

As Bitcoin Bull Loses Steam, Aussie-Yen Dips, Hinting Broad-Based Risk Aversion Ahead

Bitcoin’s (BTC) bullish momentum has hit a snag this week for several reasons, including a weaker stateside demand. Now, the Australian dollar-Japanese yen exchange rate or the AUD/JPY pair, the...

Bitcoin Exchange Binance Announces Listing of Multiple Altcoin Trading Pairs!

Binance, a leading cryptocurrency exchange, has announced the launch of several new spot trading pairs and trading bot services to enhance the trading experience of its users. Binance Expands Trading ...

Japan’s Remixpoint adds $3.2m in BTC to its crypto holdings

Remixpoint, a Japanese energy and automotive firm, jumps on the recent Bitcoin surge by adding $3.2 million worth of BTC to its crypto holdings. In a recent company notice, Remixpoint declared that it...

Pantera Bitcoin Fund Hits a 1000x Milestone: Report

Pantera Capital’s Bitcoin (BTC) Fund has reached an impressive milestone, achieving a 1000x return since its inception. In its recent blockchain letter, the firm announced that the fund’s total return...

‘Even In A Parabolic Bull Run’ Bitcoin Can See 30% Pullbacks – Top Analyst

Bitcoin has experienced a 7% pullback from its all-time high at $99,800 after failing to break above the psychological $100,000 mark. This retracement, while causing some concern among investors, is s...

Here’s When Bitcoin (BTC) Could Hit Massive $250,000 Price Tag, According to Billionaire Tim Draper: Report

Billionaire venture capitalist Tim Draper has long believed Bitcoin (BTC) would surge to $250,000. In 2018, Draper first predicted the top crypto asset would hit $250,000 by 2022. When that failed to ...

CFTC’s Potential Oversight of Bitcoin and Ethereum: Aiming for Regulatory Harmony Amidst Industry Support

Donald Trump’s administration is pivoting towards a new regulatory framework for the cryptocurrency market, potentially elevating the CFTC’s role over Bitcoin and Ethereum. This strategic move aims to...

Matrixport Draws Attention to the Increasing Interest of Institutional Investors in Bitcoin Report! Here Are the Details

Matrixport today released a chart highlighting the steady rise in Bitcoin funding rates, suggesting continued optimism among leveraged traders despite a typical market correction. Matrixport: Bitcoin ...

Bitcoin Steadies at $100K—Is an Altcoin Boom Next? ADA and XRP Positioned for Growth!

As Bitcoin holds steady at a landmark price, the spotlight is shifting to alternative cryptocurrencies that might be primed for significant gains. Market watchers are buzzing with speculation that cer...

Bitcoin Fund Forecasts $740,000 Price Tag By April 2028

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound inte...

Bitcoin Exchange OKX Announces Listing of Numerous Altcoins in USDC Pair!

OKX has announced that it has expanded its USDC trading zone to support the growth of the USDC ecosystem and meet the diverse trading needs of its users. OKX to Add New USDC Trading Pairs on November ...

Bitcoin can hit $740k as blockchain adoption still lags

Bitcoin’s market cap could hit $15 trillion if it reaches $740,000 per coin, Pantera CEO suggests, citing untapped blockchain adoption. Bitcoin’s (BTC) price could climb to $740,000 per coin within th...

Bitcoin Funding Rate Rises Amid Market Corrections: A Strong Bullish Outlook for 2025

Matrixport has reported that the Bitcoin funding rate is on an upward trend, despite the market experiencing a typical correction. This indicates that leverage traders maintain their optimistic outloo...

Bitcoin Price May Crash Below $88,000 On Global M2 Money Correlation

Bitcoin price correction may continue further to $88,000 and below if it follows the Global M2 money supply correlation. BTC has already corrected more than 9% in the last four days following the reje...

Brazilian Congressman Proposes Strategic Sovereign Bitcoin Reserve (RESBit) to Boost Economic Resilience

COINOTAG News reported on November 27th that Brazilian congressman Eros Biondini has introduced a legislative proposal advocating for the establishment of the Reserva Estratégica Soberana de Bitcoins ...

RCOF to Replicate Dogecoin Price Outrunning Bitcoin with a 12,000% Surge, Exec Says

Advertisement &nbsp &nbsp In a remarkable twist of fate within the cryptocurrency market, the Dogecoin price has outpaced even Bitcoin, surging by an astonishing 12,000%. This meteoric rise ha...

Brazilian Lawmaker Proposes Bitcoin Reserve to Enhance Economic Resilience and Diversify Financial Assets

A Brazilian lawmaker has taken a significant step in the cryptocurrency landscape by proposing a specialized bitcoin reserve aimed at boosting the nation’s economic stability. This initiative, spearhe...

Cardano Founder Charles Hoskinson Reveals Bitcoin Price Prediction for 12 to 24 Months Ahead

Cardano founder Charles Hoskinson has made a bold prediction for the future of Bitcoin, predicting that the largest cryptocurrency could rise to a value between $250,000 and $500,000 in the next 12 to...

Invest $400 in These 5 Altcoins Now for a $1000000 Portfolio When Bitcoin’s (BTC) Bull Run Peaks

Just as Bitcoin (BTC) is pulling the whole market rally, it looks like cryptocurrencies will soon enter another upward cycle. Bitcoin which time and again lays the foundation for altcoins to skyrocket...

Bitcoin Price Predictions: 45% of Traders Now Expect BTC to Hit $100,000 by 2024

According to a recent report from COINOTAG News on November 27th, significant insights from on-chain data reveal that nearly 50% of Bitcoin options traders anticipate the cryptocurrency’s price may as...

Bitcoin Spot ETF Outflows Total $123M Amid Ethereum Inflows

Key Points: Bitcoin Spot ETF Outflows reached $123M on November 26. Ethereum Spot ETF saw $40.67M inflows during the same period. Bitcoin Spot ETF outflows hit $123M on November 26, while Ethereum Spo...

Bitcoin and Ethereum ETFs See Massive Outflows on Nov 26

Bitcoin ETFs recorded a net outflow of 3,674 $BTC ($343.96M), with Bitwise leading the withdrawals, losing 2,957 $BTC ($276.84M). Bitwise now holds 40,186 $BTC (~$3.76B). Ethereum ETFs weren’t spared,...

Bitcoin’s Liquidation Thresholds: Eyeing $94,000 for $7.72 Billion Surge or $91,000 for $6.25 Billion Drop

According to data from Coinglass, notable movements in the price of Bitcoin could trigger significant liquidations across mainstream centralized exchanges (CEX). As of November 27th, should Bitcoin br...

Bitwise Submits S-1 Filing for ETF Holding Bitcoin and Ether

The activity surrounding crypto ETFs is increasing. Bitwise filed an S-1 registration with the SEC to launch a balanced Bitcoin and Ethereum ETF, while VanEck also recently announced that it will be e...

Potential for Bitcoin to Surpass $100,000 Grows Amid Market Demand, Analysts Caution on Possible Pullbacks

The prospect of Bitcoin reaching $100,000 is currently estimated at 45%, igniting interest among traders despite a recent market pullback. This spike in expectations comes as nearly half of Bitcoin op...

TEL up +24.44%, BTC -2.06%, Fantom is The Coin of The Day – Daily Market Update for Nov 27, 2024 | CoinCodex

3 minutes ago | CoinCodex Key highlights: The total cryptocurrency market cap decreased from $ 3.24T to $ 3.21T in the past 24 hours, representing a -0.81% change The Bitcoin price at press time is $ ...

Bitcoin ($BTC) breaking out again – $100,000 this time?

After stopping just a couple of hundred dollars away from the $100,000 price level on Friday, the $BTC price rejected back down as far as $95,750. Currently Bitcoin has broken upwards through the desc...

Bitwise proposed Bitcoin-Ethereum tied ETF to SEC

Bitwise, one of the listed companies that issued Bitcoin spot ETF in January, has proposed the crypto mixed-based ETF to the authorities. According to the S-1 filling document on Nov 26, Bitwise Asset...

BTC and Altcoins Decline, ALGO Soars 15%

The crypto prices today have largely followed a concerning bearish trend. Bitcoin (BTC) witnessed a sharp drop, reaching the $91K level. Ethereum (ETH), Solana (SOL), and XRP also significantly declin...