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Bitcoin News
Altcoinbuzz
1w
20
Tether to Perform Chain Swap to Ethereum
- Tether will perform a chain swap to convert a portion of its cold wallet holdings into USDT native to the Ethereum ecosystem.
- The chain swap will allow more traders to use their digital assets across different blockchains.
- Tether will be moving significant amounts of USDT from TRON, Avalanche, NEAR, CELO, and EOS to Ethereum.
- The total supply of USDT will remain the same during this swap process.
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Bitcoinsensus
1w
296
Image Credit: Bitcoinsensus
OpenSea to Launch Revamped NFT Platform in December
- The NFT marketplace OpenSea plans to launch a revamped platform in December to revive user interest.
- OpenSea's CEO announced the update, stating that the team built a new OpenSea from scratch.
- Specific details about the new features were not provided, but speculations suggest possible offerings like shared ownership and enhanced blockchain integration.
- NFT trading volume on OpenSea has seen a recent boost, reaching a daily peak of $15 million.
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Coinpedia
1w
379
Image Credit: Coinpedia
Bitcoin, Ethereum, and Solana Are Set to Explode! Here’s Why
- Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are predicted to soar in the crypto market.
- Bitcoin is expected to benefit from regulatory clarity under President Trump's administration.
- Global rate cuts and monetary easing will boost Bitcoin's demand and price.
- Altcoins like Ethereum and Solana are also projected to experience significant growth.
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Eu-Startups
1w
317
Amsterdam-based Pantheon Mining secures €1 million to accelerate bitcoin mining
- Dutch Bitcoin mining company Pantheon Mining has raised €1 million in seed funding to support its expansion.
- Pantheon Mining aims to scale its operations and strengthen its position in the Dutch Bitcoin industry.
- The company plans to broaden its product offerings, enhance its technological infrastructure, and establish new mining centres in countries with access to affordable energy.
- Pantheon will also implement a 'Bitcoin treasury strategy' by purchasing its own mining equipment and adding the mined Bitcoin to its balance sheet.
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Bitcoinist
1w
171
Image Credit: Bitcoinist
‘USA Will Be The Most Pro-Bitcoin Nation’: Expert Envisions Strategic BTC Reserve
- Pro-crypto Senator Cynthia Lummis has introduced the Strategic Bitcoin Reserve Legislation, aiming to establish a national Bitcoin reserve.
- The initiative has gained support from industry leaders and aims to create decentralized Bitcoin vaults, acquire one million BTC, and affirm self-custody rights of private BTC holders.
- Representative Ro Khanna, a Democrat, has also endorsed the initiative and called for Bitcoin to be considered as a legitimate reserve asset.
- Bitcoin is currently trading at $74,740, after hitting a record high of $75,500.
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Bitcoinsensus
1w
208
Image Credit: Bitcoinsensus
Ethereum Price Surges Beyond $2,650: Will $3,000 Be Next?
- Ethereum recently broke the $2,650 resistance, surging over 10%.
- Current support levels indicate a strong bullish trend line at $2,730.
- If ETH breaks $2,950 resistance, the price could target $3,000 and beyond.
- Ethereum's price surge reflects strong momentum and interest from traders and investors.
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Altcoinbuzz
1w
162
Trump’s Victory Boosts Crypto Stocks to New Heights
- Traders are thrilled that Trump, known for his pro-crypto stance, is back in the White House.
- Stocks connected to cryptocurrency, like Coinbase, Robinhood, and Bitcoin miners, closed at some of their highest levels yet.
- The surge in crypto stocks is attributed to Trump's win as well as optimism about new crypto-friendly laws under the Republican-majority Congress.
- Bitcoin's price also reached an all-time high, further contributing to the excitement in the crypto world.
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Crypto-News-Flash
1w
308
Image Credit: Crypto-News-Flash
Bitcoin Rallies on Trump’s Victory: What His 11 Crypto Promises Mean for BTC’s Future
- Bitcoin's price surged over $75,000 following Donald Trump's re-election.
- Trump's pro-crypto promises include firing SEC Chair Gary Gensler and establishing a National Bitcoin Reserve.
- Market anticipation of Trump's policies led to a 7.7% post-election rally for Bitcoin and increased U.S.-based buying interest.
- The crypto community hopes for a more Bitcoin-friendly regulatory environment under Trump, potentially driving further growth.
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Blockonomi
1w
14
Image Credit: Blockonomi
Bitcoin Reaches $75,358: New All-Time High Following Election Results
- Bitcoin reached a new all-time high of $75,358 following Trump’s reelection announcement
- Price experienced a 10% surge before correcting to $74,037
- CryptoBullet’s analysis suggests Bitcoin dominance might be peaking based on TD Sequential indicators
- Analyst Ali predicts a possible pullback to $72,000 unless price stays above $75,400
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Bitcoinist
1w
321
Image Credit: Bitcoinist
Bitcoin May Reach $100,000 By US Presidential Inauguration Day, Report Says
- Bitcoin (BTC) price may reach $100,000 by US Presidential Inauguration Day, according to a report.
- Cryptocurrency custodian Copper.co predicts BTC's upward momentum may extend into 2025.
- The report considers historical Bitcoin ETF accumulation trends and recent spot ETF inflows.
- While Bitcoin performs well, Ethereum (ETH) continues to underperform according to the report.
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Crypto-News-Flash
1w
167
Image Credit: Crypto-News-Flash
Donald Trump Wins US Election; Will Bitcoin Hit $100K?
- Donald Trump wins the US presidential election, surpassing Kamala Harris.
- Bitcoin's price reaches a record high of $75,198 following Trump's victory.
- Trump aims to make the US the cryptocurrency capital of the world and launch a digital currency platform.
- There is optimism among crypto investors that Trump's win may impact market sentiment and push Bitcoin towards $100,000.
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Medium
1w
292
Image Credit: Medium
$580M Bitcoin ETF outflows raises red flags
- The Fidelity Wise Origin Bitcoin Fund (FBTC) saw the highest outflows at $169 million.
- ARK's 21Shares Bitcoin ETF (ARKB) reported outflows of $138 million.
- Grayscale's Bitcoin Mini Trust (BTC) and Bitwise Bitcoin ETF (BITB) lost $89.5 million and $79.8 million worth of outflows respectively.
- Bitcoin and Ethereum ETFs experienced significant outflows, indicating a shift in investor behavior influenced by recent price dips.
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Tokenhell
1w
213
Republican Party Secures Majority in U.S. Congress, Says Elon Musk
- Republican Party secures majority in U.S. Congress, according to Elon Musk.
- Republicans win presidency and control of both Senate and House.
- Over 270 pro-crypto candidates elected, signaling blockchain-friendly policies.
- Bitcoin and Dogecoin prices surge amid GOP victory.
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Crypto-News-Flash
1w
325
Image Credit: Crypto-News-Flash
BitFuFu Faces Rising Bitcoin Mining Costs and Falling Output
- BitFuFu Inc., a cloud mining company funded by Bitmain, has faced challenges in its Bitcoin mining operations in Q3 2024.
- The average cost to mine one Bitcoin has surged to $59,452, a significant increase compared to Q3 2023.
- BitFuFu's self-mining output declined by 34% and cloud mining output dropped by 40% in Q3 2024.
- To address these challenges, BitFuFu has acquired an 80-MW Bitcoin mining plant in Ethiopia to reduce expenses and increase mining capacity.
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Bitcoinist
1w
284
Image Credit: Bitcoinist
Bitcoin US Demand Soars As Coinbase Premium Index Suggests Further Upside Post-Election
- Bitcoin surges by 7.7% following Donald Trump's US election win, reaching new price levels.
- CryptoQuant data shows a sharp increase in US demand for BTC, fueling optimism in the market.
- Bitcoin breaks above its all-time high, reaching a new peak at $75,400.
- BTC enters price discovery phase, indicating the potential for a massive rally.
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