3 reasons why Ethereum price is headed toward $4K

November 12, 2024 Coin Telegraph

3 reasons why Ethereum price is headed toward K

Ether price and network fundamentals are showing momentum, increasing the chance of a rally to $4,000.

Increasing excitement over a crypto-friendly business environment in the United States following Donald Trump’s presidential election win caused the price of Ether (ETH) to jump over 37% over the last seven days to trade at highs not seen since July 24.

ETH/USD daily chart. Source: TradingView

At the time of writing, Ether is trading at $3,392 with increasing demand through spot Ethereum ETFs, and onchain metrics suggest that the altcoins uptrend remains intact.

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to 0M: Report

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Bitcoin ETFs now hold 95% of Satoshi’s Bitcoin holdings

November 12, 2024 The Crypto Briefing

Crypto Briefing

The growing dominance of Bitcoin ETFs could reshape market dynamics, influencing Bitcoin's liquidity, price stability, and regulatory landscape.

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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Mt. Gox moves 2,500 Bitcoin as price approaches $89,000

November 12, 2024 The Crypto Briefing

Crypto Briefing

The ongoing Mt. Gox Bitcoin transfers highlight potential market volatility and uncertainty as creditors await full compensation.

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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Bitcoin ETFs hit $7 billion in trading volume, highest since March

November 12, 2024 The Crypto Briefing

Crypto Briefing

The surge in Bitcoin ETF trading volume highlights growing institutional interest, potentially signaling increased market stability and mainstream acceptance.

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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

MicroStrategy stock hits all-time high after 24 years

November 11, 2024 The Crypto Briefing

Crypto Briefing

MicroStrategy stock hits $340, its highest since 2000, driven by Bitcoins surge past $86K and pro-crypto sentiment following Trumps re-election.

The post MicroStrategy stock hits all-time high after 24 years appeared first on Crypto Briefing.

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Price analysis 11/11: SPX, DXY, BTC, ETH, SOL, BNB, DOGE, XRP, ADA, TON

November 11, 2024 Coin Telegraph

Bitcoin

Bitcoin picked up momentum and soared above $84,500, pulling several altcoins higher.

Bitcoin (BTC) has been on a roll and shows no signs of slowing down. The latest leg of the rally above $84,500 pushed Bitcoin’s total market capitalization above $1.67 trillion for the first time.

Analysts remain optimistic that Bitcoin will extend its month-to-date gains of 17% as November’s average return is 44%, according to CoinGlass data. Veteran trader Peter Brandt said in a post on X that “when BTC runs - it runs.” He projects Bitcoin to reach $125,000 by the end of the year.

Daily cryptocurrency market performance. Source: Coin360

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Coinbase stock surges over $300 with 17% gain in 24 hours

November 11, 2024 The Crypto Briefing

Crypto Briefing

Coinbase stock surged 17% in 24 hours to over $300, driven by bullish sentiment on crypto and Trump's crypto-friendly policies.

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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Bitcoin’s move to $80,000 could trigger a rally in ETH, SOL, SUI, and AAVE

November 10, 2024 Coin Telegraph

Aave

Bitcoin’s strong weekend rally to $81,000 could add more fuel to the current price action in ETH, SOL, SUI, and AAVE.

Bitcoin (BTC) has been on a roll this week, rising above $80,000 on Nov. 10. Analysts believe the rally has just started, and that Bitcoin has a long way to go. Bitcoin analyst Tuur Demeester said in a post on X that “no rash action is needed, HODLing does the work for you.”

Newbie traders may be contemplating that Bitcoin’s rally has made it overvalued, but Bitwise Invest CEO Hunter Horsley said in a post on X that “Bitcoin is different.”

“When Bitcoin’s price goes up, people view it as more likely that it will succeed, and therefore be even more valuable. And so it's likely to go up even further,” Horsley explained.

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Blackrock’s Bitcoin ETF draws record $1.1 billion single-day inflow

November 8, 2024 The Crypto Briefing

Crypto Briefing

The record inflow into BlackRock's Bitcoin ETF highlights growing institutional interest and could drive further mainstream adoption of cryptocurrencies.

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