SkyBridge Capital founder Anthony Scaramucci said Bitcoin’s (BTC) current price near $97,000 reflects where it should have been two years ago. Speaking on CNBC’s Squawk Box on Feb. 10, Scaramucci said Bitcoin’s delayed rally was largely due to the sluggish approval of a spot Bitcoin exchange-traded fund (ETF), which he argued should have been greenlit […]
The post Scaramucci attributes Bitcoin’s late bloomer status to ETF delays appeared first on CryptoSlate.
As the crypto markets stall and the fear and greed index hits a low of 35, many investors are wondering if the crypto bull market is over as desperate traders hang on for a long-awaited “Alt Season.” But with a pro-crypto president in the White House issuing executive orders to investigate a strategic bitcoin reserve, […]
The post Is the crypto bull market over? Retail sentiment is ‘worst it’s been in years’ appeared first on CryptoSlate.
Bitcoin (BTC) network activity has reached its lowest level in a year, bringing its fair value to between $48,000 and $95,000, according to CryptoQuant. As of press time, Bitcoin was trading at roughly $96,500, making the flagship crypto overvalued from a network activity perspective based on CryptoQuant’s valuation model. The Bitcoin Network Activity Index has […]
The post Analyst sets $95,000 ceiling for Bitcoin fair value amid declining network activity appeared first on CryptoSlate.
Despite Bitcoin (BTC) reaching a daily low of $91,341.25 on Feb. 3 due to President Donald Trump’s remarks on tariffs, BTC remains structurally strong, according to the latest edition of the “Bitfinex Alpha” report. Bitcoin surged at the beginning of the year, gaining over 10% in January and reaching an all-time high of $109,590 on […]
The post Bitcoin remains resilient despite recent Trump tariff shock – Bitfinex appeared first on CryptoSlate.
Federal Reserve Chair Jerome Powell stated that banks are free to serve with crypto, provided they effectively manage the associated risks. During his speech following the Federal Open Market Committee (FOMC) meeting, Powell added: “The threshold has been a little higher for banks engaging in crypto activities, and that’s because they’re so new.” Despite this […]
The post Fed Chair Jerome Powell says banks can serve crypto clients if risks are managed adequately appeared first on CryptoSlate.
Bitcoin (BTC) regained the $105,000 price level after climbing 5.1% in the past 24 hours. As of press time, the flagship crypto was trading at $105,505, followed by a 10% increase registered by the memecoin sector. BTC started a steep correction last week following the stronger-than-expected labor market data in the US. From Jan. 7 […]
The post Bitcoin reclaims $105,000, while memecoins outperform market average appeared first on CryptoSlate.
Bitcoin’s (BTC) latest market correction from its 2024 all-time high (ATH) of over $108,000 reflects a cooling phase but relatively low levels of investor stress indicate the bull market is far from over, according to a recent report by Glassnode. The report highlighted that the number of BTC held at an unrealized loss currently fluctuates […]
The post Bitcoin investor stress levels remained moderate despite correction from all-time highs appeared first on CryptoSlate.
Bitcoin (BTC) reclaimed the $102,000 price level on Jan. 6 after climbing 4% over the day amid a wider market rally as accumulation continues to outpace profit-taking, based on CryptoSlate data. The flagship crypto was trading at $101,630 as of press time after failing to sustain upward momentum as US markets closed for the day. […]
The post Bitcoin reclaims $102,000 as sell-side liquidity dries up appeared first on CryptoSlate.
MARA Holdings CEO Fred Thiel believes institutional involvement will significantly increase Bitcoin’s value, positioning the flagship crypto as a long-term growth asset. Speaking in a Jan. 2 interview with FOX Business, Thiel encouraged retail investors to adopt a steady, long-term investment strategy by regularly purchasing small amounts of Bitcoin. Thiel noted that Bitcoin has only […]
The post MARA CEO touts Bitcoin’s long-term benefits for retail holders, predicts $200k by year-end appeared first on CryptoSlate.
Bitcoin (BTC) climbed 3% over the past 24 hours to a monthly high of $97,822 after trading below the $95,000 level for well over a week, according to CryptoSlate data. As of press time, the flagship crypto was trading at $97,029. The recovery movement comes despite old whales continuing to realize profits, which has led […]
The post Bitcoin reclaims 97k price amid selling pressure from old whales appeared first on CryptoSlate.
CryptoQuant community analyst Maartunn shared data indicating that the XRP Ledger’s (XRPL) velocity has risen in the past few weeks amid heightened activity, suggesting growing utility within the network. Velocity is calculated by dividing a crypto market cap by its transaction volume. The analyst pointed out that an increasing velocity represents frequent network usage. He […]
The post XRP Ledger shows signs of increasing usage, suggesting XRP price increase appeared first on CryptoSlate.
Bitcoin climbed past $99,000 on Christmas day, driven by renewed optimism that energized the market. According to CryptoSlate’s data, the leading digital asset gained over 5% in the last 24 hours, recovering from a weekly low of $92,973. At the time of writing, Bitcoin was trading at $98,000, showing the rebound wasn’t long-lived after days […]
The post Bitcoin sees brief rebound to $99,000 on Christmas day appeared first on CryptoSlate.
21shares registered a trust in Delaware on Dec. 19, called the 21Shares Polkadot Trust, for a potential exchange-traded product indexed to Polkadot (DOT). As of press time, 21shares has not spoken publicly about the filing. DOT is the 20th largest crypto, priced at $7.07 and boasting a market cap of nearly $10.8 billion as of press […]
The post 21shares registers Polkadot trust in Delaware in preparation for ETF appeared first on CryptoSlate.
Bitcoin (BTC) lost the $100,000 threshold after registering a 6.4% drawdown in the past 24 hours, priced at $97,000 as of press time. Bitcoin fell to a low of $96,233 before attempting a recovery. As a result, crypto derivatives registered nearly $1.2 billion in liquidations over the period, based on CoinGlass data. Sharper corrections among major altcoins […]
The post Bitcoin loses $100k as markets continue to slide in reaction to Fed’s slower pace for 2025 appeared first on CryptoSlate.
Bitcoin’s (BTC) ongoing bull market has marked a significant transition of wealth from long-term holders to new investors, according to a recent Glassnode report. The redistribution of wealth from seasoned holders to newcomers is a hallmark of maturing Bitcoin markets. Long-term holders have been realizing record profits, peaking at $2.1 billion per day, while new […]
The post Bitcoin sees wealth shift from long-term holders to new investors – Glassnode appeared first on CryptoSlate.
CoinShares’ latest report showed that the crypto sector experienced $3.2 billion in inflow last week, extending its streak to 10 consecutive weeks of positive flows. This marks the longest streak of inflow this year. The inflow also brings total year-to-date flows to $44.5 billion, which is four times higher than any previous annual record. Trump’s election […]
The post $3.2 billion crypto inflow marks 10-week streak as Trump election victory boosts confidence appeared first on CryptoSlate.
Japanese lawmaker Satoshi Hamada has called on the government to explore the possibility of integrating Bitcoin (BTC) into its foreign exchange reserves, emphasizing its potential as a strategic asset amid growing global interest in crypto adoption. During a Dec. 11 parliamentary session, Yamada posed questions about Japan’s approach to crypto reserves. He pointed to efforts […]
The post Japanese lawmaker urges consideration of Bitcoin reserve in light of US efforts appeared first on CryptoSlate.
The Cardano Foundation (CF) has regained control of its official X account after it was compromised in a hacking incident. The breach, which occurred on Dec. 8, saw the account misused to promote a fraudulent ADASOL token. The attackers also spread fabricated claims about the Foundation, claiming the organization faced legal action from the US […]
The post Cardano Foundation regains social media control amid governance turmoil appeared first on CryptoSlate.
Solana has claimed the top spot as the preferred blockchain ecosystem for new developers, eclipsing Ethereum’s dominance for the first time in nearly a decade. A report by Electric Capital highlighted that 7,625 new developers joined the Solana network in the past year, marking the first time any blockchain ecosystem has surpassed Ethereum in developer […]
The post Solana emerges as fastest-growing ecosystem for developers globally appeared first on CryptoSlate.
Bitcoin (BTC) briefly surpassed the $101,000 threshold after a 3% surge in the hours following November’s Consumer Price Index (CPI) numbers, which came within the 2.7% expectations. The rally has fueled investor confidence, with a 98% probability now assigned to a 25 basis point rate cut by the Federal Reserve next week, potentially bringing the US […]
The post Bitcoin recovers $100k price level as expectations of Fed rate cut rise appeared first on CryptoSlate.
The crypto market experienced a cascade of liquidations over the past 24 hours, totaling $1.52 billion, as Bitcoin (BTC) underwent yet another flash crash. According to Coinglass data, longs made up the vast majority of the amount, with $1.39 billion liquidated across the market, while short liquidations accounted for $137 million of the total. This […]
The post Bitcoin sees another flash crash, leading to $1.52 billion cascade in crypto liquidations appeared first on CryptoSlate.
Standard Chartered believes Bitcoin (BTC) could reach $200,000 by the end of 2025 as institutional investments and anticipated regulatory shifts solidify its position as a mainstream asset. In its latest report, the bank attributed Bitcoin’s surge past $100,000 this year to unprecedented institutional inflows and projected a clear path for further growth. Growing interest StanChart’s […]
The post StanChart updates Bitcoin price projection to $200k by 2025-end appeared first on CryptoSlate.
Bitcoin’s (BTC) historic rally above $100,000 hit a roadblock on Dec. 5 as the flagship crypto fell back into five-figure territory, leaving a trail of liquidations across the market. BTC gave up almost all of the 24-hour gains that took it to a new all-time high of $103,679. It fell to a low of roughly […]
The post Bitcoin flash crashes to $90,200 causing over $885 million in liquidations appeared first on CryptoSlate.
President-elect Donald Trump lauded Bitcoin’s (BTC) record-breaking ascent past $100,000, congratulated Bitcoin investors on his Truth Social platform, and attributed the milestone to his influence. Trump declared that Bitcoin investors are “welcome,” framing the surge as a testament to his pro-growth policies. He said: “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!” […]
The post Trump celebrates Bitcoin surpassing $100k milestone following election win appeared first on CryptoSlate.
Bitcoin has achieved an unprecedented milestone, surpassing the $100,000 mark for the first time in its history. Data from CryptoSlate showed that the top digital asset peaked at $103,465.81 on Dec. 5, showcasing its most remarkable performance since its inception. This surge propelled Bitcoin’s market capitalization beyond $2 trillion, marking a pivotal moment in its […]
The post How the crypto community reacted to Bitcoin’s $100,000 record appeared first on CryptoSlate.
For the first time, Bitcoin has surpassed the $100,000 mark, pushing its market capitalization to $2 trillion. This milestone follows a series of new all-time highs over the past few weeks, fueled by market momentum after the U.S. presidential election. The election of Donald Trump, who has promised pro-cryptocurrency policies, contributed to Bitcoin’s surge. Since […]
The post Bitcoin hits historic $100,000 price level as 1,000 sats now equal $1 appeared first on CryptoSlate.
Cardano’s Layer-2 protocol Hydra reached a significant milestone of surpassing 1 million transactions per second (TPS) during its Doom gaming tournament. On Dec. 4, Charles Hoskinson, the founder of Cardano, shared screenshots confirming that the network had crossed the 1 million TPS mark globally. This achievement is part of the ongoing tournament to test Hydra’s […]
The post Cardano’s Hydra shatters 1 million TPS during virtual Doom tournament appeared first on CryptoSlate.
Tron (TRX) reached a new all-time high at $0.31, nearly seven years after the first time it registered its last price peak, according to TradingView data. The new all-time high comes after a 41% price leap over the past 24 hours, making TRX the 11th largest crypto by market cap. TRX’s previous price record was […]
The post TRX reaches a new all-time high after nearly 7 years appeared first on CryptoSlate.
Cardano (ADA) and the XRP Ledger (XRP) have started outperforming Bitcoin amid expectations of regulatory changes under the incoming Trump administration. Both tokens have surged remarkably since the US presidential election, capturing investor attention and signaling a potential realignment in the digital asset landscape. While the two previously underperforming coins have felt the pressure of […]
The post Cardano and XRP outperform Bitcoin by over 200% as developers hard work pays off appeared first on CryptoSlate.
Bitcoin (BTC) can visit the zone below $88,000 before resuming its push towards the $100,000 threshold if further downside is registered, according to a Glassnode report. The report highlighted a critical “air gap,” as BTC’s rapid rally has left minimal trading activity between $76,000 and $88,000, creating an underdeveloped price range that could draw market […]
The post Bitcoin could fall to $88,000 before making another attempt to break $100,000 – Glassnode appeared first on CryptoSlate.