More than 460 million SHIB were burned and Shiba Inu rises in price

SHIB price skyrocketed to levels last seen in May 2024. In January 2024, the team behind this cryptocurrency announced an automatic burning process. Today, November 11, 2024, over 460 million Shiba Inu (SHIB) were burned and removed from the current circulating supply. This figure represented a 1,000% increase in the Shiba Inu’s burning rate. This … Read more

Bernstein urges investors to buy bitcoin

Bernstein, an investment management company with assets under management valued at $725 billion, urged its clients to join the bitcoin (BTC) market. This comment comes at a time when the price of the digital currency is experiencing a notable increase, reaching and exceeding $87,000. “Don’t fight this,” declared Gautam Chhugani, Bernstein analyst, to the American … Read more

There are more than 10 million dollars bet on the price of bitcoin at Polymarket

There are high bullish expectations for bitcoin in this market cycle. BTC set new all-time highs today, Monday, November 11. On the decentralized betting platform Polymarket, bets on the future price of bitcoin (BTC) are gaining more and more relevance. Currently, three markets related to the price of BTC have accumulated almost $13 million in … Read more

At what prices could bitcoin fall in the event of a correction?

Since last week, the price of bitcoin (BTC) has not stopped recording new all-time highs. However, as is known, no upward trend is in a straight line, especially for this asset that has so much volatility. Therefore, it is crucial to be prepared for possible relapses. Even if bitcoin were to continue in a sustained … Read more

Solana joins a “select club” along with bitcoin, Ethereum and USDT

SOL is up 33% in a week, reaching over $215. Donald Trump’s presidential victory led to the increase in the price of SOL. The cryptocurrency Solana (SOL) reached a market capitalization of more than $100 billion, joining bitcoin (BTC), ether (ETH), and USD Tether (USDT) in the exclusive group of digital assets with a market … Read more

Shares of cryptocurrency companies soared

Shares of companies related to bitcoin (BTC) and cryptocurrencies registered a significant increase in price, after Donald Trump’s victory in the United States presidential elections. As CriptoNoticias already reported, during his campaign the Republican leader expressed his support for the digital assets industry and promised to promote friendly regulation for the sector. After his victory … Read more

Ethereum Surpasses $3,000 Driven by Record Inflows into ETFs

The price of ether (ETH), the Ethereum cryptocurrency, is trading above USD 3,180, after a weekly increase of 28% that raised its value from $2,700 7 days ago. This increase intensified during Sunday, November 10, when ETH reached $3,250, marking a peak not seen in the last six months, according to data from TradingView. ETH … Read more

How will this week’s economic announcements impact bitcoin?

This week’s economic calendar mainly includes two events that could imply volatility for financial markets. Consequently, this is something bitcoin (BTC) and cryptocurrency traders should be prepared for. One of the expected events is the consumer price index (CPI or CPI) in the United States. This will come to light on Wednesday, November 13, which … Read more

Why did CRO, the cryptocurrency of the Crypto.com exchange, skyrocket?

In the last week, cronos (CRO), the native cryptocurrency of the Cronos network, skyrocketed, registering a 16% increase in 24 hours and a cumulative gain of more than 90% in the last seven days. Just a week ago, CRO was trading at $0.07, and now its value is around $0.13. In any case, CRO is … Read more