Bitcoin Shows Resilience Above $90K with Strong On-Chain Support Levels
Bitcoin maintains strength above $90,000 despite a recent 9% pullback from its all-time high near $100K. On-chain data reveals multiple strong buyer demand zones, with key support levels at $96,800 and $95,300 from different investor cohorts.
Peter Schiff Warns of Economic Crisis as Trump Backs Bitcoin
Economist Peter Schiff raises alarm over Trump's pro-Bitcoin stance and Wall Street's cryptocurrency investments, warning of potential hyperinflation and dollar devaluation. His criticism targets MicroStrategy's aggressive Bitcoin purchases while market analysts remain optimistic about institutional adoption.
Bitcoin Whales Offload 500,000 BTC as Price Nears $100K Milestone
Long-term Bitcoin holders have sold over half a million BTC during the latest rally, while still realizing record profits of $2.02 billion daily. Despite substantial selling pressure, the volume remains lower than the previous cycle as Bitcoin approaches the $100,000 mark.
Bitcoin's November 28 Mystery: Will History Repeat in 2024?
Explore the intriguing pattern of Bitcoin's historic price peaks occurring on November 28 in both 2013 and 2017. As the 2024 halving approaches, the crypto community watches with anticipation to see if this mysterious date will mark another milestone in Bitcoin's journey.
Brazil Considers $18.6 Billion Bitcoin Reserve in Pioneering Financial Strategy
Brazilian lawmaker proposes groundbreaking bill to allocate 5% of national reserves to Bitcoin, aiming to hedge against economic risks and support the country's digital currency initiatives. The legislation would position Brazil among the first nations to integrate cryptocurrency into sovereign reserves while promoting blockchain education and crypto sector development.
Cramer's Bitcoin Endorsement Triggers Market Drop and Trader Skepticism
CNBC's Jim Cramer's latest bullish stance on Bitcoin sparked an unexpected 5% market decline and $344 million in liquidations. The 'Mad Money' host's controversial track record with cryptocurrency predictions has led to the emergence of an 'Inverse Cramer' trading strategy.
Bitcoin ETF Trading Volume Hits $5B Milestone Despite Price Pullback
Bitcoin ETF trading reached a remarkable $5 billion volume as Bitcoin price retreated to $91,000, with BlackRock's IBIT leading the charge at $3.46 billion in daily trades. The surge in ETF activity, coupled with market volatility, demonstrates growing institutional adoption of cryptocurrency through traditional investment vehicles.
Cryptocurrency as a Hedge: Jim Cramer Backs Digital Assets Amid U.S. Deficit Concerns
CNBC's Jim Cramer reinforces his support for cryptocurrencies as a potential safeguard against U.S. government spending and mounting deficit worries. The Mad Money host specifically recommends Bitcoin and Ethereum while expressing skepticism about Washington's ability to address budget challenges.
Wall Street Giant Cantor Fitzgerald Takes $600M Stake in Tether, Plans Bitcoin Lending Program
Cantor Fitzgerald acquires 5% stake in stablecoin issuer Tether for up to $600 million and announces $2 billion Bitcoin-backed lending initiative. The strategic partnership marks one of the largest investments by a traditional financial institution in the crypto sector.
Bitcoin Tumbles Below $93K, Erasing Half of Recent Rally Gains
Bitcoin experienced a sharp 4.8% decline to $93,000, triggering $550 million in liquidations and erasing half of last week's $8,100 rally. Despite the correction, analysts remain optimistic about retesting the $100,000 threshold, citing supportive fundamentals and seasonal patterns.