Author: NBTC
All eyes are now on Bitcoin (BTC) as it gets closer to its all-time high (ATH). The trading activity is intensifying as bulls are now controlling the narrative with bears in no sight. Crypto market analysts are also sharing their positive Bitcoin price predictions. It appears that a new ATH can be witnessed anytime now. Next local top for Bitcoin Ali Martinez, a renowned on-chain analyst and trader, took to X (formerly Twitter) to share his insightful analysis regarding Bitcoin’s current situation and what’s coming next. He shared that the BTC price has successfully pushed past the crucial $70,500 level.…
In the wake of Donald Trump’s presidential victory, investor optimism has surged across the cryptocurrency market, driving notable gains in major crypto-related stocks. Shares of Coinbase Global (NASDAQ: COIN) and Robinhood Markets (NASDAQ: HOOD) have experienced significant gains, driven by renewed bullish sentiment surrounding digital assets. With Trump’s pro-crypto stance and the Republican Party regaining control of the Senate, investors are increasingly hopeful for supportive policies that could further boost the valuations of these stocks, solidifying their positions within a rapidly evolving market. Coinbase (NASDAQ: COIN) stock Coinbase has surged as a prominent benefactor of the post-election crypto rally. The…
Cardano’s recent performance following the conclusion of the U.S. elections has been outstanding. ADA token has soared by more than 25% in the last three days alongside the crypto-wide pump caused by a shift in investor sentiment after Donald Trump’s victory. The U.S. presidential elections caused increased volatility in the crypto markets following a bullish sentiment wave after pro-crypto candidate Donald Trump won against Kamala Harris. ADA token has also outperformed many digital assets as the broader crypto ecosystem witnessed increased price demand. Santiment reveals Cardano is in the spotlight According to Santiment, Cardano has emerged in the spotlight after…
Insights on cryptocurrency exchange activity post-U.S. presidential election and renewed investor demand
CryptoQuant revealed that cryptocurrency exchange trading saw its largest volume since March 2024. According to the firm, approximately $7.7 billion USDT was sent to Binance and over $4 billion USDT to Coinbase. CryptoQuant highlighted exchange activity after last week’s US presidential election. The analytics company implied that the Republican candidate’s win renewed investor demand for digital assets. Crypto exchanges record increased activity after US presidential election CryptoQuant highlighted that increased USDT in circulation meant higher exchange liquidity and trading activity. The firm noted the increased inflows corresponded with activity from investors after the Republican candidate won. They added that Coinbase…
Yes, the tacky ones with famous one-liners are fine, and so are the conference hand-outs. I, too, collect relics from crypto tragedies, holding on to my BitInstant and BlockFi t-shirts for posterity. But, let’s be honest. Who wears these kinds of things in public? When it comes to Bitcoin clothing, I still want something that fits into my day to day. Something that, you know, looks like streetwear, but that won’t attract attention, unless someone is really in the know. Sadly, this is easier said than done. That’s why when I was at the Lugano Plan B conference last week,…
HashKey’s Xiao Feng believes Trump’s crypto stance may prompt China to accelerate its adoption of cryptocurrencies. U.S. President-elect Donald Trump’s pro-crypto policy may eventually prompt China to reconsider its stance on digital assets, HashKey Group chairman Xiao Feng told the South China Morning Post in an interview. Xiao suggested that a clear commitment from Washington to promote the cryptocurrency sector could accelerate Beijing’s timeline for adopting crypto businesses. Despite China’s ban on crypto trading, mining, and initial coin offerings, Xiao believes that geopolitical factors, including the U.S.-led sanctions on Russia for its invasion of Ukraine could encourage a shift in…
Charles Hoskinson, Cardano’s founder, may have misjudged his community’s sentiment when he launched a poll asking if he was “a cancer” to the blockchain. The poll, prompted by recent criticism, backfired spectacularly, revealing a near-even split in opinion and exposing deep divisions within the Cardano ecosystem. For context, the controversy began when X user “Dclay” posted a critical message questioning Hoskinson’s role in Cardano. The tweet asked if Hoskinson was indeed “the cancer” of Cardano and speculated on what the blockchain might look like without him. The criticism quickly gained traction within the Cardano community. In response, Hoskinson created a…
Revolut X, a stand-alone crypto exchange launched by neobank Revolut, is now available for customers across 30 new European countries. London-based fintech giant Revolut is expanding its standalone crypto exchange Revolut X across dozens of new countries in the European Economic Area in a bid to broaden its reach in the crypto space. In a Nov. 13 press release shared with crypto.news, Revolut said the exchange will now be available in 30 new countries across EEA to position Revolut X as a “competitive platform” for crypto traders. Revolut’s head of product – crypto exchange, Leonid Bashlykov, called the expansion an…
A decade-old interview with financial commentator Max Keiser has resurfaced, highlighting one of the earliest public predictions of Bitcoin reaching $1 million. The 2013 forecast, based on Bitcoin’s potential share of the global forex market, offers an interesting historical perspective on early cryptocurrency price projections. ✨ Max Keiser predicting a $1 million #Bitcoin price, 11 years ago today. True at $200, true at $70k 🚀 pic.twitter.com/ArssX13psy — The Bitcoin Historian (@pete_rizzo_) October 29, 2024 Early Vision of Bitcoin’s Revolutionary Potential Speaking during Bitcoin’s early years, Keiser characterized the cryptocurrency as a “currency of resistance,” emphasizing its potential to enable independent…
Polymarket predicts an 88% chance of Trump picking pro-Bitcoin Scott Bessent for Treasury secretary
Scott Bessent, a strong advocate for crypto, particularly Bitcoin, has an 88% probability of becoming the next Treasury secretary under a second Trump administration, according to prediction platform Polymarket. FOX Business journalist Eleanor Terrett described Bessent as a “very pro-crypto” figure. He believes that “the crypto economy is here to stay,” and that crypto “fits very well with the Republican Party.” “I think everything is on the table with Bitcoin,” Bessent said in a statement shared by Terrett. “One of the most exciting things about Bitcoin is that it brings in young people and those who have not participated in…