BTC/USD Bitcoin hit new record high on acceleration above 94K on Wednesday, lifted by growing expectations for more crypto-favorable conditions under incoming Trump’s administration. Break above the top of seven-day consolidation range generated initial signal of continuation of larger uptrend after bulls paused to consolidate recent strong post-US election gains. As I mentioned in my […]
Category: Cryptocurrency news
Here’s why analysts are turning bullish on ADA
Here’s why analysts are turning bullish on ADA Aneena Alex Cryptocurrency Nov 20, 2024 Share Cardano (ADA) is gearing up for a potential breakout as renewed optimism in the market propels the asset toward critical resistance levels. Currently trading at $0.84, ADA has broken out of a bullish pennant pattern, with price action approaching a […]
Fhenix debuts upgraded Nitrogen testnet with Ethereum encryption
Fhenix debuts upgraded Nitrogen testnet with Ethereum encryption Marko Marjanovic Cryptocurrency Nov 20, 2024 Share Fhenix, a Layer-2 (L2) network powered by Fully Homomorphic Encryption (FHE), has launched its upgraded Nitrogen testnet, as highlighted in recent reports shared with Finbold on Wednesday, November 20. The new upgrade comes with advanced decryption capabilities and other features […]
Hoth Therapeutics to buy up to $1 million worth of Bitcoin
Hoth Therapeutics, a publicly-traded biopharmaceutical company, has adopted Bitcoin (BTC) as a treasury asset. The clinical-stage biopharmaceutical company announced on Nov. 20 that its board of directors had approved adding BTC to its balance sheet. In the first step of this significant move, Hoth Therapeutics will buy up to $1 million in Bitcoin, according to […]
Crypto kid rugs traders for $30k profit, misses $4 million gains
Crypto kid rugs traders for $30k profit, misses $4 million gains Vinicius Barbosa Cryptocurrency Nov 20, 2024 Share In another cautionary tale against chasing “greater fool” games, a kid rug-pulled crypto traders for an unexpected $30,000 profit. However, the self-called “degen” market struck back, sending the memecoin up, making the kid miss over $4 million […]
‘Sell It and Buy Bitcoin While You Still Can’: Samson Mow to ETH Holders
Samson Mow, prominent Bitcoin supporter and CEO at JAN3, a company focused on Bitcoin adoption, has issued a friendly warning to holders of Ethereum and other altcoins, urging them to dump everything and jump on the Bitcoin bandwagon while there is still a chance. Mow also shared his take on why Bitcoin likely reaching $1 […]
Bitcoin path to $200,000: Technical indicators signal aggressive rally ahead
Bitcoin path to $200,000: Technical indicators signal aggressive rally ahead Aneena Alex Cryptocurrency Nov 20, 2024 Share Bitcoin (BTC) soared to a new all-time high of $94,002 before consolidating above $92,000, signaling strong upward momentum in its ongoing rally. The latest surge comes as geopolitical tensions escalate and investor optimism grows, driving renewed interest in […]
Bitcoin Faces ‘Bank Run’ Vulnerability, Warns Cyber Capital Founder Justin Bons
Bitcoin (BTC) may be at risk of a catastrophic “bank run,” according to Justin Bons, founder and CIO of Cyber Capital. A bank run is when customers withdraw their deposits from a financial institution over fears of insolvency. Bitcoin Cannot Handle Mass Exits, Bons Says In a detailed social media thread, Bons highlighted critical flaws […]
‘Rich Dad’ R. Kiyosaki makes super bullish Bitcoin prediction
‘Rich Dad’ R. Kiyosaki makes super bullish Bitcoin prediction Andreja Stojanovic Cryptocurrency Nov 20, 2024 Share The prominent investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ Robert Kiyosaki, seemingly endorsed a months-old Michael Saylor Bitcoin (BTC) price prediction in an X post made late on November 19. Kiyosaki, himself no […]
Renowned Founder Shares Bitcoin and Ethereum Price Predictions for 2025
Kavita Gupta, founder of Delta Blockchain Fund, has predicted a bullish outlook for Bitcoin in 2025, predicting its price to rise between $125,000 and $150,000. Speaking in a recent interview, Gupta suggested that Bitcoin could reach these levels before going through a period of price correction or stabilization. Despite his optimism about Bitcoin, Gupta expressed […]