Trending News: Bitcoin’s Supply in “Illiquid” Hands Climbs to a New Record Near 15 Million Tokens.CoinDesk 20 Performance Report: HBAR Leaps 42.3%, Index Sees Uplift from Friday.MicroStrategy Purchases 15.4K Bitcoin Worth $1.5B as Saylor Recommends BTC to MicrosoftAccording to Bernstein, Ether Presents a Favorable Risk-Reward Scenario.XRP Surges Ahead of Tether in Market Cap Rankings, While Bitcoin Meets a $384M Sell Wall Challenge.Ethereum Price Action Mimics a Setup That Signaled Bitcoin’s Record-Breaking Rally.Ethereum ETFs See $333M Inflows, Leading Bitcoin Funds as Catch-Up Trade Intensifies.XRP Surpasses $100 Billion Market Cap and 2018 Price Highs as Ripple’s RLUSD Close to Final ApprovalBitcoin Makes Another Bid for $100K With U.S. Traders Back in Action Post-Thanksgiving.Bitcoin is positioned to record its fourth-highest monthly performance since October 2021.XRP Soars 14%, Eyes $1.70, a Threshold Last Touched in April 2021.Traders See Ethereum ETFs Inflow Streak as a Key Factor for ETH’s Push to All-Time HighsStablecoins Could Represent Up to 10% of the U.S. Money Supply, Say Standard Chartered and Zodia MarketsXRP Takes the Spotlight, Outpacing Major Cryptos as Yen Challenges BitcoinBitcoin Likely to Exceed $100K Despite Pullback, with Plenty of Room Left to Surge, Says CryptoQuant.With the fifth consecutive rise in mining difficulty approaching, Bitcoin miners near a $40 billion market cap.ETF Delivering 2x Inverse BTC Returns Records High Trading Volume as Bitcoin Stays Over $90K.Dogecoin Holders, Take Note: This Bitcoin Layer-2 Offers Yield Earning on DOGERaydium’s RAY Token on Solana Remains a High-Risk Asset, Godbole WarnsBitcoin Breaks Above $97K, Then Retracts, With Ether and XRP Spiking 7%.ARK Invest Analyst Foresees Bitcoin Hitting $124K by the End of the YearBitcoin Struggles, Aussie-Yen Declines, Suggesting Broader Market Risk-Off Sentiment.Think ETH Is Doomed? Increasing Metrics Tell a Different Tale.BTC Sees Strong Recovery, Returns to Almost $94K – First Mover AmericasStablecoin Market Rebounds to $190B, Surpassing Pre-Terra Crash Peak: CCData AnalysisShort-Term Bitcoin Investors Shift $8B to Exchanges, a Signal of a Bottom, According to Van Straten.Galaxy Research: Bitcoin’s Bull Cycle Has More to OfferMSTR Trade Turns Sour for Retail Investors Amid Market VolatilityXRP Profit-Taking Hits Record Levels as Ripple Labs Announces Interest in Bitwise XRP ETF.UNI Rallies 16.3% While CoinDesk 20 Index Sees All Assets ClimbBitcoin’s Decline to $91K Triggers Flashbacks to the Thanksgiving ‘Massacre’ of 2020.Bitcoin Hits $100K Sell Wall, Shifting Market Focus Toward EtherCoinDesk 20 Market Review: XLM Tumbles 14.6% as All Index Tokens Face Declines“With Bitcoin Buying Plans Boosting Stocks, Is This Michael Saylor’s Next Big Play, or Just Another ‘Long Island Iced Tea’ Hype?”Bitcoin Price Falls Below $93K as Correction Deepens, According to First Mover Americas“The future of prediction markets looks brighter, but recent mudslinging threatens to dim the outlook.”Historical Patterns Point to Bitcoin Long-Term Holders Having 163K BTC Still Available to Sell, Van Straten Says.Layer 2 Solutions Propel Ethereum Blob Usage to Unprecedented Levels.XRP Holds Steady as Archax Debuts Tokenized Money Market Fund on XRP LedgerGodbole: These 3 Factors Could Push Bitcoin Below $90KBitcoin Nears $94K Support as $100K Short-Term Bullish Outlook PersistsXLM Climbs 47.7%, Helping Propel the CoinDesk 20 Index Higher by 100 PointsAfter a Weekend Slump, Bitcoin Returns to $98K, First Mover Americas Observes$9B Bitcoin Options Expiration on Friday Could Trigger Thanksgiving Weekend Volatility in the Markets.MicroStrategy’s Bitcoin Investments Are Luring In Global Capital, Bernstein Reports.Following Trump’s win, DOGE, XRP, and XLM soar in Korea, now with traders eyeing the potential of SAND Token.Major Liquidations Sweep Crypto Markets as Bitcoin Falls, With XRP and DOGE Hit HardestThree Artificial Intelligences Behind $30M Fund Project Bitcoin to Climb to $140KDespite Bitcoin’s New Record, MicroStrategy Plunges 16% as Analysts Raise Valuation Concerns“As Gensler Prepares to Step Down, the Rotation Towards Altcoins Has Taken Hold.”ADA Soars to 90 Cents, Marking a 2.5-Year Record as Whale Investments Exceed $12BAt $3.4T, Crypto Market Cap Soars as Bitcoin’s Price Pushes Near $100K.XRP Price Spikes 25% Amid Easing Regulatory Pressures on RippleSOL Sets a New Record as Prices Soar Beyond $260Dogecoin Rallies Amid Renewed Speculations of X Platform Payments After Musk’s Hint“CME Bitcoin Futures See Open Interest Cross 215K BTC, Marking a Milestone as Bitcoin Targets $100K.”Chillguy Maker Signals Legal Action as TikTok Crypto Fraud RisesDeribit Sees Bitcoin Futures Break Through $100K CeilingRisk Appetite Soars in Leveraged MicroStrategy Positions While Bitcoin Targets Six-Digit Pricing.“Bitcoin Hits $97K, Fueling the Continuing ‘Trump Trade’ Surge”The Hidden Impact of AI Data Centers on the Economics of Bitcoin MiningRetail Traders Signal a Possible BTC Reversal, Yet the Market May Hold Surprises.Proposed TipRouter Plan to Distribute Payouts to Jito Token InvestorsMidweek Trading Update: BCH’s 13.1% Growth Helps Lift CoinDesk 20 Performance.“Bitcoin Surges to $100K, Though Profit-Taking May Lead to Short-Term Declines”Ethena Experiences $1B Inflows Amid Crypto Market Surge and Strong YieldsBitcoin Surges to $94,000, Marking New High with ETF Options TradingCoinDesk 20 Overview: ADA Surges 10.1%, Boosting the Index to New HeightsFirst Mover Americas: Bitcoin Surpasses Previous Highs as ETF Options Traders Push LimitsGraFun extends its memecoin launchpad to Ethereum, targeting a wider audience of users.The milestone of Bitcoin ETF options’ introduction comes with the ongoing restriction of position limits.MicroStrategy Upsizes Debt Sale to $2.6B, Cracks the Top 100 U.S. Public Companies by Market CapRobinhood Tops Bernstein’s List of Crypto Deregulation Investments.South Korean trading volumes for Dogecoin and XRP exceed those of Bitcoin.Pro Crypto Traders Eye $100 Price Point for BlackRock’s Bitcoin ETF, Using IBIT Options, Sources SayBitcoin ETF Options Generate $2B in Day-One Trades, Altering Market LandscapeRumble’s Stock Jumps as CEO Drops Bitcoin Adoption HintFrenzied Market Activity Pushes ‘Eliza’ AI Tokens to New HeightsCoinDesk 20 Performance Snapshot: HBAR Rises 13.3%, Leading the Index to Higher Ground Since MondayFirst Mover Americas: Bitcoin ETFs Gaining Options Trading Represents a Big Step Forward.Improved Mining Metrics Highlight Early November Gains for Bitcoin Miners: JPMorganDue to Robust Investor Interest, MARA Holdings Expands Convertible Notes Offering by $150M.Solana’s SOL Positioned to Beat BTC as DEXs on the Network Achieve Record $41B in Volume: GodboleBakkt May Be the Next Target for Donald Trump’s Media Group, Report SuggestsHas Ethereum’s Ether Lost Its Appeal Among Investors?Bitcoin Nears $100K as Optimism Peaks, but Analysts Warn of a Sudden Reversal.Spot Bitcoin ETF Options Are Expected to Launch as Soon as TomorrowCan the U.S. Establish a Strategic Bitcoin Reserve Without Congress? Experts Are Not in Agreement.CoinDesk 20 Update: XLM Rises 73.2% Over Weekend, Outpacing Market GainsSemler Scientific Grows Its Bitcoin Stash, Now Holding 1,273 BTC After Buying 215 MoreSolana Posts New Cycle Highs, Leading the Charge: First Mover AmericasMicroStrategy Increases Bitcoin Reserve by 51,780 BTC, Spending $4.6 Billion, Says Michael Saylor.Shares of MARA Slide 5% After Announcement of $700M Convertible Senior NoteXRP Gains 17%, Dominates Market Performance as Rally Slows; Trader Predicts $120K Bitcoin Price is Still in PlayMichael Saylor Notes That the Strategic Bitcoin Reserve Follows Historical Patterns Seen in U.S. Government Acquisitions.Jerome Powell’s Hawkish Tone Cools Crypto Market EnthusiasmCoinDesk 20 Review: ADA’s 18.4% Increase Fuels Index RallyFirst Mover Americas: Bitcoin Faces Pressure as Traders Cash OutBitcoin ETFs Shed Record Funds, Aligning With Historical Precedents of Price Stabilization.Could Bitcoin Be Vulnerable? Market Signals Resemble the Trends That Led to Trump Media’s Slump.
Wed. Dec 4th, 2024
Trending News: Bitcoin’s Supply in “Illiquid” Hands Climbs to a New Record Near 15 Million Tokens.CoinDesk 20 Performance Report: HBAR Leaps 42.3%, Index Sees Uplift from Friday.MicroStrategy Purchases 15.4K Bitcoin Worth $1.5B as Saylor Recommends BTC to MicrosoftAccording to Bernstein, Ether Presents a Favorable Risk-Reward Scenario.XRP Surges Ahead of Tether in Market Cap Rankings, While Bitcoin Meets a $384M Sell Wall Challenge.Ethereum Price Action Mimics a Setup That Signaled Bitcoin’s Record-Breaking Rally.Ethereum ETFs See $333M Inflows, Leading Bitcoin Funds as Catch-Up Trade Intensifies.XRP Surpasses $100 Billion Market Cap and 2018 Price Highs as Ripple’s RLUSD Close to Final ApprovalBitcoin Makes Another Bid for $100K With U.S. Traders Back in Action Post-Thanksgiving.Bitcoin is positioned to record its fourth-highest monthly performance since October 2021.XRP Soars 14%, Eyes $1.70, a Threshold Last Touched in April 2021.Traders See Ethereum ETFs Inflow Streak as a Key Factor for ETH’s Push to All-Time HighsStablecoins Could Represent Up to 10% of the U.S. Money Supply, Say Standard Chartered and Zodia MarketsXRP Takes the Spotlight, Outpacing Major Cryptos as Yen Challenges BitcoinBitcoin Likely to Exceed $100K Despite Pullback, with Plenty of Room Left to Surge, Says CryptoQuant.With the fifth consecutive rise in mining difficulty approaching, Bitcoin miners near a $40 billion market cap.ETF Delivering 2x Inverse BTC Returns Records High Trading Volume as Bitcoin Stays Over $90K.Dogecoin Holders, Take Note: This Bitcoin Layer-2 Offers Yield Earning on DOGERaydium’s RAY Token on Solana Remains a High-Risk Asset, Godbole WarnsBitcoin Breaks Above $97K, Then Retracts, With Ether and XRP Spiking 7%.ARK Invest Analyst Foresees Bitcoin Hitting $124K by the End of the YearBitcoin Struggles, Aussie-Yen Declines, Suggesting Broader Market Risk-Off Sentiment.Think ETH Is Doomed? Increasing Metrics Tell a Different Tale.BTC Sees Strong Recovery, Returns to Almost $94K – First Mover AmericasStablecoin Market Rebounds to $190B, Surpassing Pre-Terra Crash Peak: CCData AnalysisShort-Term Bitcoin Investors Shift $8B to Exchanges, a Signal of a Bottom, According to Van Straten.Galaxy Research: Bitcoin’s Bull Cycle Has More to OfferMSTR Trade Turns Sour for Retail Investors Amid Market VolatilityXRP Profit-Taking Hits Record Levels as Ripple Labs Announces Interest in Bitwise XRP ETF.UNI Rallies 16.3% While CoinDesk 20 Index Sees All Assets ClimbBitcoin’s Decline to $91K Triggers Flashbacks to the Thanksgiving ‘Massacre’ of 2020.Bitcoin Hits $100K Sell Wall, Shifting Market Focus Toward EtherCoinDesk 20 Market Review: XLM Tumbles 14.6% as All Index Tokens Face Declines“With Bitcoin Buying Plans Boosting Stocks, Is This Michael Saylor’s Next Big Play, or Just Another ‘Long Island Iced Tea’ Hype?”Bitcoin Price Falls Below $93K as Correction Deepens, According to First Mover Americas“The future of prediction markets looks brighter, but recent mudslinging threatens to dim the outlook.”Historical Patterns Point to Bitcoin Long-Term Holders Having 163K BTC Still Available to Sell, Van Straten Says.Layer 2 Solutions Propel Ethereum Blob Usage to Unprecedented Levels.XRP Holds Steady as Archax Debuts Tokenized Money Market Fund on XRP LedgerGodbole: These 3 Factors Could Push Bitcoin Below $90KBitcoin Nears $94K Support as $100K Short-Term Bullish Outlook PersistsXLM Climbs 47.7%, Helping Propel the CoinDesk 20 Index Higher by 100 PointsAfter a Weekend Slump, Bitcoin Returns to $98K, First Mover Americas Observes$9B Bitcoin Options Expiration on Friday Could Trigger Thanksgiving Weekend Volatility in the Markets.MicroStrategy’s Bitcoin Investments Are Luring In Global Capital, Bernstein Reports.Following Trump’s win, DOGE, XRP, and XLM soar in Korea, now with traders eyeing the potential of SAND Token.Major Liquidations Sweep Crypto Markets as Bitcoin Falls, With XRP and DOGE Hit HardestThree Artificial Intelligences Behind $30M Fund Project Bitcoin to Climb to $140KDespite Bitcoin’s New Record, MicroStrategy Plunges 16% as Analysts Raise Valuation Concerns“As Gensler Prepares to Step Down, the Rotation Towards Altcoins Has Taken Hold.”ADA Soars to 90 Cents, Marking a 2.5-Year Record as Whale Investments Exceed $12BAt $3.4T, Crypto Market Cap Soars as Bitcoin’s Price Pushes Near $100K.XRP Price Spikes 25% Amid Easing Regulatory Pressures on RippleSOL Sets a New Record as Prices Soar Beyond $260Dogecoin Rallies Amid Renewed Speculations of X Platform Payments After Musk’s Hint“CME Bitcoin Futures See Open Interest Cross 215K BTC, Marking a Milestone as Bitcoin Targets $100K.”Chillguy Maker Signals Legal Action as TikTok Crypto Fraud RisesDeribit Sees Bitcoin Futures Break Through $100K CeilingRisk Appetite Soars in Leveraged MicroStrategy Positions While Bitcoin Targets Six-Digit Pricing.“Bitcoin Hits $97K, Fueling the Continuing ‘Trump Trade’ Surge”The Hidden Impact of AI Data Centers on the Economics of Bitcoin MiningRetail Traders Signal a Possible BTC Reversal, Yet the Market May Hold Surprises.Proposed TipRouter Plan to Distribute Payouts to Jito Token InvestorsMidweek Trading Update: BCH’s 13.1% Growth Helps Lift CoinDesk 20 Performance.“Bitcoin Surges to $100K, Though Profit-Taking May Lead to Short-Term Declines”Ethena Experiences $1B Inflows Amid Crypto Market Surge and Strong YieldsBitcoin Surges to $94,000, Marking New High with ETF Options TradingCoinDesk 20 Overview: ADA Surges 10.1%, Boosting the Index to New HeightsFirst Mover Americas: Bitcoin Surpasses Previous Highs as ETF Options Traders Push LimitsGraFun extends its memecoin launchpad to Ethereum, targeting a wider audience of users.The milestone of Bitcoin ETF options’ introduction comes with the ongoing restriction of position limits.MicroStrategy Upsizes Debt Sale to $2.6B, Cracks the Top 100 U.S. Public Companies by Market CapRobinhood Tops Bernstein’s List of Crypto Deregulation Investments.South Korean trading volumes for Dogecoin and XRP exceed those of Bitcoin.Pro Crypto Traders Eye $100 Price Point for BlackRock’s Bitcoin ETF, Using IBIT Options, Sources SayBitcoin ETF Options Generate $2B in Day-One Trades, Altering Market LandscapeRumble’s Stock Jumps as CEO Drops Bitcoin Adoption HintFrenzied Market Activity Pushes ‘Eliza’ AI Tokens to New HeightsCoinDesk 20 Performance Snapshot: HBAR Rises 13.3%, Leading the Index to Higher Ground Since MondayFirst Mover Americas: Bitcoin ETFs Gaining Options Trading Represents a Big Step Forward.Improved Mining Metrics Highlight Early November Gains for Bitcoin Miners: JPMorganDue to Robust Investor Interest, MARA Holdings Expands Convertible Notes Offering by $150M.Solana’s SOL Positioned to Beat BTC as DEXs on the Network Achieve Record $41B in Volume: GodboleBakkt May Be the Next Target for Donald Trump’s Media Group, Report SuggestsHas Ethereum’s Ether Lost Its Appeal Among Investors?Bitcoin Nears $100K as Optimism Peaks, but Analysts Warn of a Sudden Reversal.Spot Bitcoin ETF Options Are Expected to Launch as Soon as TomorrowCan the U.S. Establish a Strategic Bitcoin Reserve Without Congress? Experts Are Not in Agreement.CoinDesk 20 Update: XLM Rises 73.2% Over Weekend, Outpacing Market GainsSemler Scientific Grows Its Bitcoin Stash, Now Holding 1,273 BTC After Buying 215 MoreSolana Posts New Cycle Highs, Leading the Charge: First Mover AmericasMicroStrategy Increases Bitcoin Reserve by 51,780 BTC, Spending $4.6 Billion, Says Michael Saylor.Shares of MARA Slide 5% After Announcement of $700M Convertible Senior NoteXRP Gains 17%, Dominates Market Performance as Rally Slows; Trader Predicts $120K Bitcoin Price is Still in PlayMichael Saylor Notes That the Strategic Bitcoin Reserve Follows Historical Patterns Seen in U.S. Government Acquisitions.Jerome Powell’s Hawkish Tone Cools Crypto Market EnthusiasmCoinDesk 20 Review: ADA’s 18.4% Increase Fuels Index RallyFirst Mover Americas: Bitcoin Faces Pressure as Traders Cash OutBitcoin ETFs Shed Record Funds, Aligning With Historical Precedents of Price Stabilization.Could Bitcoin Be Vulnerable? Market Signals Resemble the Trends That Led to Trump Media’s Slump.
Wed. Dec 4th, 2024

At $3.4T, Crypto Market Cap Soars as Bitcoin’s Price Pushes Near $100K.

Bitcoin Inches Closer to $100K Milestone as Market Cap Hits Historic $3.4 Trillion

Bitcoin (BTC) continues its meteoric rise, trading just shy of $100,000 on Friday and cementing its dominance with a 56% share of the record $3.4 trillion crypto market capitalization. BTC’s price touched $99,200 before settling above $99,000, bolstered by strong institutional demand and renewed optimism in the crypto market.

ETF products have played a pivotal role, with BlackRock’s IBIT ETF leading inflows at $600 million, followed by Fidelity’s FBTC at $300 million. Traders are increasingly bullish, with options markets signaling confidence in Bitcoin’s ability to surpass $100,000 and maintain momentum into 2025.

Altcoin Momentum
Bitcoin’s surge is igniting the broader market:

  • Ethereum (ETH): Up 9%, driven by DeFi growth and strong institutional support.
  • Solana (SOL): Rose 8% to a new all-time high above $260, as investor confidence builds around ETF applications.
  • XRP: Led gains with a 25% rally, as regulatory hurdles ease following SEC Chair Gary Gensler’s resignation announcement.
  • Cardano (ADA): Gained 12%, reflecting broader market optimism.

Market Sentiment and Future Outlook
Crypto traders are optimistic as a pro-crypto political administration prepares to take office in January. Analysts caution that BTC may face minor pullbacks after hitting $100,000, but long-term sentiment remains overwhelmingly positive, with derivatives markets projecting sustained growth through next year.

  • AdminCoinSpeaker

    Related Posts

    Market
    Bitcoin’s Supply in “Illiquid” Hands Climbs to a New Record Near 15 Million Tokens.
    Bitcoin’s Supply in “Illiquid” Hands Climbs to a New Record Near 15 Million Tokens.

    Bitcoin (BTC) is facing a significant challenge in breaking the $100,000 mark, with a $384 million “sell wall” standing between the current price and the six-figure milestone. However, supply data…

    Continue reading
    Market
    CoinDesk 20 Performance Report: HBAR Leaps 42.3%, Index Sees Uplift from Friday.
    CoinDesk 20 Performance Report: HBAR Leaps 42.3%, Index Sees Uplift from Friday.

    CoinDesk Indices delivers its daily market overview, highlighting the standout performers and the underperformers in the CoinDesk 20 Index. Currently, the CoinDesk 20 is trading at 3696.8, marking a 5.6%…

    Continue reading

    You Missed

    1
    Bitcoin’s Supply in “Illiquid” Hands Climbs to a New Record Near 15 Million Tokens.
    Market
    Bitcoin’s Supply in “Illiquid” Hands Climbs to a New Record Near 15 Million Tokens.
    2
    CoinDesk 20 Performance Report: HBAR Leaps 42.3%, Index Sees Uplift from Friday.
    Market
    CoinDesk 20 Performance Report: HBAR Leaps 42.3%, Index Sees Uplift from Friday.
    3
    MicroStrategy Purchases 15.4K Bitcoin Worth $1.5B as Saylor Recommends BTC to Microsoft
    Market
    MicroStrategy Purchases 15.4K Bitcoin Worth $1.5B as Saylor Recommends BTC to Microsoft
    4
    According to Bernstein, Ether Presents a Favorable Risk-Reward Scenario.
    Market
    According to Bernstein, Ether Presents a Favorable Risk-Reward Scenario.
    5
    XRP Surges Ahead of Tether in Market Cap Rankings, While Bitcoin Meets a $384M Sell Wall Challenge.
    Market
    XRP Surges Ahead of Tether in Market Cap Rankings, While Bitcoin Meets a $384M Sell Wall Challenge.
    6
    Ethereum Price Action Mimics a Setup That Signaled Bitcoin’s Record-Breaking Rally.
    Market
    Ethereum Price Action Mimics a Setup That Signaled Bitcoin’s Record-Breaking Rally.