Bitcoin Bull Market Is Far From Over, Galaxy Research Says
The world’s largest cryptocurrency is expected to make a renewed attempt to breakthrough the $100K level in the near term, the report said.
The world’s largest cryptocurrency is expected to make a renewed attempt to breakthrough the $100K level in the near term, the report said.
The company’s market cap this week rose to more than three times the amount of bitcoin it held.
Dubbed “smart money” of late, retail bitcoiners are starting to sell, but exchange balances are falling, suggesting plenty of buyers.
Bitcoin has added $30,000 since Donald Trump won the U.S. presidential election and closing in on a $2 trillion market cap.
The competition for cheap electrons could establish a floor for hashprice, or at least slow down hashrate growth.
Beyond the increasing proliferation of bitcoin within investment portfolios, mining operations have become a focus of a new wave of mergers and acquisitions on Wall Street, says Taylor Krystkowiak.
The latest price moves in crypto markets in context for November 20, 2024.
BlackRock’s IBIT was the first U.S. spot bitcoin ETF to launch with options tied to it. The rest of the pack comes later Wednesday.
MicroStrategy is now up over 500% year-to-date, approaching a $100 billion market cap.
Spot bitcoin exchange-traded funds options are making solid volume on their first day.