BlackRock, the world’s biggest asset manager, has just dropped $91.6 million into the iShares Bitcoin Trust ETF (IBIT), buying over 2.5 million shares. This move comes as IBIT experiences a massive surge in popularity, attracting $230 million in just one day and breaking records with $5 billion in daily trading volume. With total assets now nearing $43 billion, IBIT is on a clear upward trajectory, and BlackRock’s strategic push into Bitcoin is making waves. Since its launch in January, the ETF has been on a roll, with BlackRock’s exposure to it growing rapidly since the firm announced its intentions back in March. #trump #btc70k
The Bitcoin market has seen a significant growth of 20.6% in the last seven days. Right now, it hovers very close to the range of $90K. Currently, nearly 46% of Polymarket bettors believe that the price of Bitcoin will reach as high as $100K in this month itself. Does the forecast sound unachievable? Let’s examine the scenario a bit deeper. #BTC #ETH
Ethereum joined the upward circuit, registering a 1.66% gain, changing hands at $3,219.48. Solana outperformed ETH with a 5.42% price spike to $217.74, while XRP impressed with a 6.19% rise to $0.6996.
Explore our Ethereum Price Prediction to stay informed about ETH’s potential movements.
🚀🚀 Top Gainers 👇👇
Today’s top performer from the top 100 is the PNUT memecoin, which rose by 149.05% to $2.18, underscoring investor interest in smaller, high-risk assets. Meme coins Pepe and Mogcoin also stood out, with Pepe up 83.14% at $0.00002371 and Mogcoin climbing 44.19% to $0.0000002431.
🐻🐻 Not All Shines: Top Losers 👇👇
Conversely, Kaspa recorded a 2.81% plunge, currently trading at $0.1297. Stellar followed, with a fall of 2.16% to $0.1246, and Aerodrome Finance slipped 1.97% to $1.32, signaling selective pullbacks in an otherwise upbeat market.
🫸🫷🫸🫷🫸🫷🫸🫷🫶🫶👇👇 Subscribe to stay tuned for more crypto updates as market dynamics continue to evolve, driven by bullish sentiment and record-breaking achievements.
LIVE Crypto Prices (Nov 14th, 2024): Bitcoin Price Hits $93k | PNUT Memecoin Up 150%!
The post LIVE Crypto Prices (Nov 14th, 2024): Bitcoin Price Hits $93k | PNUT Memecoin Up 150%!
The crypto market has been riding a positive wave since the previous day. The optimism has led to a 3.74% spike in market cap to $2.99 Trillion. However, despite the surge in valuations, the trade volumes have dipped 5.31%, with the numbers at $301.48 billion. That being said, the enthusiasm amongst traders remains at an all-time high as BTC claimed a new ATH above $93k. This is evident with the Fear & Greed Index’s extreme greed score of 86.
Bitcoin Breaks All-Time High, Runs Past $93k Bitcoin has made it to the spotlight with its astounding rally, crossing a new all-time high (ATH) of $93,434.36. After the heated run, the BTC price is currently at $90,039.70. However, Bitcoin’s intraday trading volume fell slightly by 3.29%, hinting at investors being cautious about possible liquidations. On the other hand, Bitcoin ETFs in the U.S. saw inflows worth $817.5 million on Tuesday, further strengthening the market confidence. #btc70k #trump
Amid the broader market bull rally, Neiro increased rapidly to reach a new all-time high on November 10. Its weekly chart has risen by 100% but has fallen by 20%. During this upward phase, the price of Neiro bounced off from its descending parallel channel, which had formed and existed since its previous all-time high.
Similarly, the Goatseus Maximus (GOAT) made new crypto millionaires after it reached a new all-time high at $0.9574 on November 11 before retracing on the same day. Meanwhile, the Lunex Network presale continues to steam up as more investors discover its unique solution to some of DeFi’s biggest challenges. #trump #btc70k
At press time, WIF is trading near $4.20, registering a gain of over 36% in the past 24 hours. However, it reached $4.83, close to its all-time high (ATH). Meanwhile, the trading volume of the meme coin rose by 90% during the same period, indicating heightened participation from traders and investors following the listing announcement.
SOL’s positive outlook is further supported by on-chain metrics. According to on-chain analytics firm Coinglass, Solana’s Long/Short ratio currently stands at 1.05, indicating strong bullish market sentiment among traders. Meanwhile, its open interest has skyrocketed by 11% in the past 24 hours and 4.7% in the past four hours.
This rising open interest suggests growing participation from traders, and the price consolidation also signals a bullish trend.
The combination of these on-chain metrics with technical analysis suggests that bulls are still dominating the asset amid the price consolidation and could support SOL in its upcoming bull run. #btc #trump
Altcoin Season Begins! 3 Cryptos That Will Surpass ETH in 2024
SOL: The Rising Star of Altcoin Season with Promising Growth Potential
Solana is a powerful blockchain platform designed for high-speed transactions and scalability. With its native cryptocurrency, SOL, the network offers a solid foundation for decentralized apps. Solana’s unique architecture allows for faster and more flexible development compared to competitors like Ethereum and Cardano. This makes SOL an attractive choice for developers and investors. As the market trends bullish and altcoin season heats up, SOL’s role in supporting the Solana ecosystem makes it a strong contender with significant growth potential.
SUI: A Game-Changer for Blockchain with Immense Growth Potential
SUI is a revolutionary blockchain platform designed for the global market. It boasts powerful, secure, and scalable technology foundations. Utilizing a unique object-centric model and the safe Move programming language, SUI solves common blockchain issues. User experience is top-notch, thanks to features like zkLogin and sponsored transactions. These make interacting with the blockchain easier and more appealing. With its focus on accessibility and innovation, SUI looks very attractive in the current market cycle. This coin could see bullish growth and thrive in an altcoin season.
Kaspa’s Unique PoW Approach could Spark the Next Altcoin Season Boom
Kaspa, a proof-of-work cryptocurrency, uses the GHOSTDAG protocol to allow multiple blocks to coexist instead of discarding them. This makes the Kaspa blockchain, or blockDAG, faster and more efficient. Currently, it processes one block per second, with ambitions to reach 10 or even 100 blocks per second. Features like Reachability, Block data pruning, and SPV proofs show strong tech backing. With future support for layer 2 solutions, Kaspa could be a game-changer. Its innovative approach and ambitious goals make it an attractive option in the current market cycle.
Recent reports indicate that Ripple whales have purchased 390 million XRP tokens.This accumulation has raised hopes that an XRP price recovery could be on the horizon. While this Ripple whales activity is interesting, a new altcoin is positioned to deliver even more gains, especially from its ongoing presale. WallitIQ (WLTQ), currently trading at just $0.0171, has shown incredible potential. #WeAreAllSatoshi #Trump2024
PEPE is all set to get its long-awaited listing on Coinbase as Paul Grewal confirmed it through an X post. Interestingly, PEPE’s listing on Coinbase was announced within an hour of the news that it was getting a listing on Robinhood as well. Notably, PEPE enthusiasts have been asking Coinbase to list the “frog” for more than a year and a half. Pepe Coin price has skyrocketed and is currently trading at $0.00001854, up over 48% in the past 24 hours and the 24-hour trading volume for PEPE soared to $10.66 billion. The meme coin’s market cap jumped to $7.87 billion. #btc70k #trump
Starting with SUI, regarded as a potential Solana Killer, which is slowly inching closer to its main competitor, Ethereum. SUI is trading at $3.05 and has increased by 300% since the year to date. In the daily chart, it has surpassed the 1.618 Fibonacci level and gives a retest with an evening star pattern.
GRASS
GRASS is a new decentralized application. This decentralized app allows users to share their unused bandwidth for incentives. The network allows bandwidth sharing after allowing verified institutions and rewards the users directly for their online services.
Peanut the Squirrel (PNUT)
The new meme coins are finding a favorable environment to scale higher in the growing meme coin market. As a newly launched meme coin, PNUT has increased significantly since its release. Starting at $0.1047, it has increased by nearly 1000% and is currently trading at $1.2570. With its recent listing on Binance, the meme coin has hit the jackpot of community hype.
In an interview given to a prominent media house, Antony Pompliano, the founder and CEO of Professional Capital Management, expressed hope that Donald Trump, the new president-elect of the United States, would redefine how the country approaches the cryptocurrency market. He also made certain striking revelations. Let’s dive in to learn more. Read on! Trump’s Bold Bitcoin Move During the election campaign itself, Republican leader Donald Trump promised that he would establish a pro-crypto environment if elected. He made some aggressive statements against the Democratic party for the handling of the key issues faced by the crypto sector, especially criticising US SEC chairman Gary Gensler. Highlighting Donald Trump’s love for Bitcoin, Pompliano portrayed him as a pro-Bitcoin president. He emphasised the promises made by Trump related to the protection of the rights of crypto investors, particularly Bitcoin investors. Crypto markets are experiencing a dip today, driven by a mix of regulatory fears and market corrections. Read more here to find out why crypto is down today. Creating a Bitcoin Reserve There are rumours that Donald Trump has a plan to create a national Bitcoin reserve soon. Earlier, some close to Trump hinted at the possibility for the BTC reserve. Speaking about the rumoured plan for the reserve, Pompliano asserted that Trump would create the national Bitcoin reserve within 100 days. BTC Growth Outpaces US National Debt In August, the US government debt was 35.3M USD Million. By October, it reached a peak of 36M USD Million, marking a 1.98% growth compared to August. During the same period, the Bitcoin market climbed at least 7.58%. In the last 30-days alone, the market has seen a rise of over 35.4%. Since November 5, the day of the US presidential election, the market has displayed a surge of 27.51%. #donaldtrump #Bullish2025
The post Dogecoin Price Analysis: Bull Run Targets $0.50 This November?
With a new 52-week higher formation at $0.4389, last seen in May 2021, the Dogecoin price rally is gaining momentum. Dogecoin’s market cap exceeds $53B, accounting for nearly half of the meme coin’s market cap, $110B.
However, a pullback in Bitcoin results in a minor step back in the DOGE price. Will this pullback result in a bearish reversal in the biggest meme coin?