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Bitcoin(BTC) Surpasses 88,000 USDT with a Narrowed 2.40% Decrease in 24 Hours
On Nov 15, 2024, 00:11 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 88,000 USDT benchmark and is now trading at 88,011.992188 USDT, with a narrowed narrowed 2.40% decrease in 24 hours.
Bitcoin(BTC) Drops Below 87,000 USDT with a 3.69% Decrease in 24 Hours
On Nov 14, 2024, 23:36 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 87,000 USDT and is now trading at 86,968 USDT, with a narrowed 3.69% decrease in 24 hours.
BNB Drops Below 620 USDT with a Narrowed 0.15% Increase in 24 Hours
On Nov 14, 2024, 23:28 PM(UTC). According to Binance Market Data, BNB has dropped below 620 USDT and is now trading at 619.52002 USDT, with a narrowed narrowed 0.15% increase in 24 hours.
Top Interest of the WeekFollowing Bitcoin's breakout above the previous resistance level of $73,500, fueled by the bullish sentiment stemming from Donald Trump's victory in the US presidential election, BTC soared to another new all-time high of 93,265 USDT on our spot market on November 13. During this remarkable four-day period, Bitcoin achieved an impressive 22% increase. However, our team observed that memecoins outperformed significantly, capturing market interest and leading to elevated tr
BNB Drops Below 630 USDT with a Narrowed 2.25% Increase in 24 Hours
On Nov 14, 2024, 22:34 PM(UTC). According to Binance Market Data, BNB has dropped below 630 USDT and is now trading at 629.23999 USDT, with a narrowed narrowed 2.25% increase in 24 hours.
Trump Appoints Jay Clayton As US Attorney For Southern District Of New York
According to Cointelegraph, United States President-elect Donald Trump has appointed Jay Clayton, the former chair of the Securities and Exchange Commission (SEC), as the US Attorney for the Southern District of New York. Trump made the announcement on November 14 through the social media platform Truth Social, where he praised Clayton as a "highly respected business leader, counsel, and public servant." Trump expressed confidence in Clayton's abilities, stating that he will be a "strong Fighter
According to U.Today, BlackRock's Bitcoin exchange-traded fund (ETF) has reached a significant milestone, surpassing $40 billion in total assets. This achievement was accomplished in just 211 days, setting a new record for the fastest growth in the ETF market. Previously, the iShares Core MSCI Emerging Markets ETF (IEMG) held the record, taking 1,253 days to reach a similar milestone. ETF analyst Eric Balchunas highlighted that BlackRock's Bitcoin ETF, known as IBIT, is now among the top 1% of a
Ethereum And XRP Show Distinct Performance Patterns In Cryptocurrency Market
According to U.Today, Ethereum and XRP, two prominent names in the cryptocurrency sector, have exhibited unique market behaviors since their inception. Ethereum, the second-largest cryptocurrency by market capitalization, has not consistently outperformed XRP despite its recent growth and achievements in various sectors. Initially priced much lower, Ethereum has seen a significant price increase, currently trading around $3,200 following a recent surge. In contrast, XRP, which has faced market s
Cardano Foundation Reveals Bitcoin Holdings In 2023 Financial Report
According to U.Today, the Cardano Foundation, a non-profit organization supporting the Cardano blockchain network, has disclosed its Bitcoin holdings in its 2023 Financial Insights Report. This revelation underscores the growing adoption of leading digital assets among major blockchain networks. The report provides a detailed account of the foundation's expenditures across various sectors, including operations, education, and adoption for the year 2023. The foundation allocated a total of $19.22
According to U.Today, Galaxy Digital CEO Mike Novogratz recently discussed the potential for Bitcoin to become a national reserve asset in the United States during an interview with Bloomberg. Novogratz suggested that if Bitcoin were adopted as a national reserve asset, its price could soar to $500,000. This speculation comes in light of a bill introduced by Senator Cynthia Lummis, which proposes that the US Treasury acquire 5% of Bitcoin's total supply. However, the bill, introduced in Septembe
Satoshi Nakamoto's Vision of Bitcoin as a Scientific Breakthrough Resurfaces
According to U.Today, Bitcoin historian Pete Rizzo recently highlighted a significant moment in the history of Bitcoin, marking 16 years since Satoshi Nakamoto, the enigmatic creator of Bitcoin, described the cryptocurrency as a scientific breakthrough. In a tweet, Rizzo shared a nostalgic look back at Nakamoto's explanation of Bitcoin's revolutionary nature, even when it was valued at zero dollars. This reflection comes as Bitcoin continues to reach new heights in the cryptocurrency market.
Bitcoin Surpasses Saudi Aramco In Market Capitalization
According to U.Today, Bitcoin has achieved a significant milestone by surpassing the market capitalization of Saudi Aramco. Earlier today, the price of Bitcoin surged to a new record high of $93,477, as reported by CoinGecko. This comes after Bitcoin recently overtook silver, marking the largest daily gain in its history. The cryptocurrency's remarkable rise has sparked discussions about its potential to surpass other major companies and assets.
XRP Price Faces Potential Correction Amid Spinning Top Pattern
According to U.Today, the recent price action of XRP has formed a spinning top candlestick pattern, a signal often associated with market indecision. This pattern typically follows a significant price movement and suggests a possible pause or reversal in the trend. For XRP, this could mean that the recent upward surge might be slowing down, with a period of correction or consolidation potentially on the horizon.
XRP has recently achieved notable progress by breaking through several resistance l
Analyzing The Impact Of Trump's Economic Policies On Global Trade
According to Blockworks, as investors and market participants assess the implications of Donald Trump's election victory and the Republican sweep in Congress, attention is turning to how Trump's distinct economic and global trade policies will unfold. The challenge now lies in determining which campaign promises are feasible and likely to be implemented. In a recent discussion with Dr. Stephen Miran, a fellow at the Manhattan Institute and senior strategist at Hudson Bay Capital, insights were s
According to Decrypt, the CryptoPunks NFT collection has seen a significant resurgence, with its floor price surpassing $100,000 for the first time since June. This increase comes amid a broader upswing in the cryptocurrency market, including substantial gains for Bitcoin. The floor price, which represents the lowest price for an asset listed on a marketplace, has been bolstered by a sharp rise in trading volume. Over the past week, the Ethereum-based NFT collection traded over $14.5 million, ma
18 U.S. States Sue SEC Over Alleged Overreach in Crypto Regulation
According to Cointelegraph, a coalition of 18 U.S. states has initiated a lawsuit against the Securities and Exchange Commission (SEC) and its Chairman, Gary Gensler. The lawsuit accuses the SEC of "gross government overreach" in its regulatory actions against the emerging cryptocurrency industry. The states involved in this legal action include Nebraska, Tennessee, Wyoming, Kentucky, West Virginia, Iowa, Texas, Mississippi, Ohio, Montana, among others.The legal complaint argues that the SEC has
Federal Reserve Chair Powell Predicts October PCE Increase
According to Odaily, Federal Reserve Chair Jerome Powell has projected an increase in the Personal Consumption Expenditures (PCE) for October. The PCE is expected to rise by 2.3% compared to the same period last year, up from a 2.1% increase in September. Additionally, the core PCE, which excludes food and energy prices, is anticipated to climb by 2.8%, slightly higher than the 2.7% rise observed in September.These projections indicate a continued upward trend in consumer spending, reflecting on
Federal Reserve Chair Powell Affirms Commitment to Inflation Control
According to Odaily, Federal Reserve Chair Jerome Powell has reiterated the central bank's dedication to managing inflation effectively. Powell emphasized that the robust state of the economy allows the Federal Reserve to make decisions with caution and precision. This approach aims to ensure that inflation is kept in check while supporting economic growth.The Federal Reserve's strategy involves closely monitoring economic indicators and adjusting monetary policies as necessary to maintain stabi
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