Bitcoin price nears $100,000, generating excitement in the crypto market. Altcoins like ARB and XRP show potential for significant price movements. Continue Reading: Bitcoin Price Surges, Triggers Interest in Altcoin Predictions The post Bitcoin Price Surges, Triggers Interest in Altcoin Predictions appeared first on COINTURK NEWS .
Bitcoin mining firm Marathon Digital Holdings (MARA) has announced a significant milestone in its BTC acquisition strategy. According…
Wall Street's major equity averages finished higher Friday, with consumer-related stocks and so-called Trump Trades among advancers, and ended with weekly gains. The Dow ( DJI ) +0.97% , logging a third straight gain, and the S&P 500 ( SP500 ) +0.4% , a fifth consecutive increase. The Nasdaq Composite ( COMP:IND ) +0.2% after wobbling during the session. “US equities appear unstoppably bullish at present; the market is teaching bears and fence-sitters that it is better to be all in for the bull run, until the bull run ends," Alex King, investing group leader of Cestrian Capital Research , told Seeking Alpha. The averages rose for the week, with a 1.7% rise for the S&P 500 ( SP500 ) and a 2% gain for the Dow ( DJI ) heading into a shortened week for Thanksgiving Day. “We are entering the best seasonal period of the year for U.S. equities," Scott Rubner, Goldman Sachs’ technical specialist, said Friday. The market is on the verge of a rally that should push the S&P 500 ( SP500 ) to 6,200 by year-end , he said. "Euphoria" among retail investors "is accelerating across equities and crypto, and high gains YTD may increase leverage from this cohort." In Friday's trade, retail stocks including Nike ( NKE ) and Walmart ( WMT ) were among the top gainers on the Dow, and the Consumer Discretionary and Staples sectors climbed on the S&P 500 ( SP500 ). With the holiday-shopping season underway, Gap ( GAP ) +12.8% as it said its stores were "off to a strong start," and raised its full-year outlook late Thursday. Ross Stores ( ROST ) +2.2% , also higher after its quarterly report . For stocks overall, "we continue to look upwards into year-end," King said. "Better in our view to not step aside right now, instead to wait until prices actually start to fall, that being actual evidence of the end of the happy time." Christopher Harvey, Wells Fargo's head of equity strategy, told clients Friday that the S&P 500 ( SP500 ) was helped this week by Nvidia's ( NVDA ) Q3 beat in financial results and its strong AI outlook, as well as positive macro readings for weekly jobless claims and the housing market. "Trump trade" winners this week include small caps ( RTY ), mid-caps and bitcoin ( BTC-USD ), Harvey said. The cryptocurrency traded above $99,000 on Friday, with investors watching for $100K. But "you're not alone if post-Election Day political uncertainties are making it difficult to assess the 2025 outlook. Risk/rewards keep us in SMID caps, Banks, and Comm Svcs," Harvey said. In the fixed-income market, the 10-year Treasury yield ( US10Y ) slipped 1 basis point to 4.41%. The 2-year yield ( US2Y ) gained 2 basis points to 4.38%. On the economic calendar, the S&P Global U.S. Composite PMI preliminarily increased to 55.3 in November vs. 54.1 in October, marking a 31-month high. The November U.S. Consumer Sentiment Index was revised to 71.8 from its initial print of 73.0. More on the markets Bitcoin: Buy The Breakout The Oil Market Is Misunderstood And Undersupplied Trump reportedly considers Warsh to head Treasury then the Fed $10,000 Invested Into A Portfolio Made Of Steel The level Bitcoin would have to reach under Trump to match Biden and his prior term
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Bitcoin miner MARA Holdings has expanded its cryptocurrency portfolio by purchasing an additional 5,771 BTC for $572 million. The acquisition was completed at an average price of $95,554 per Bitcoin, according to the company. With its 0% convertible note offering, the company has achieved a 35% BTC yield per share and now owns a total The post Breaking: Bitcoin Miner MARA Buys Another 5771 BTC As Price Nears $100k appeared first on CoinGape .
An MVRV ratio of 2.7 shows that Bitcoin is still in the early stages of a bull run.
As online gambling is evolving, cryptocurrencies have come into their own and provide better security, speed and universal access. For online platforms like Betospin, adopting crypto payments is about prioritizing players’ needs, revolutionizing the online gaming experience, and providing seamless access.”. In this article, you’ll learn how crypto is revolutionizing online gambling and what Betospin’s
A Texas judge tossed the Securities and Exchange Commission’s (SEC) controversial “dealer rule,” handing crypto stakeholders a regulatory victory. Earlier this year, the SEC adopted a new rule requiring market participants “who engage in certain dealer roles,” like providing liquidity, to register with the Commission and comply with federal securities law. Private fund managers, alternative The post Texas Judge Tosses SEC’s Controversial ‘Dealer Rule’ After Lawsuit From Crypto Groups appeared first on The Daily Hodl .
The Dune index measures a weighted value for transaction value, count, and on-chain fees. The index showed Bitcoin, Solana, Ethereum and TRON drove the biggest share of crypto adoption in 2024.
The post SEC Commissioner To Resign; Dan Gallagher Exits Race, Who Will Be The Next SEC Chair? appeared first on Coinpedia Fintech News After Gary Gensler’s exit news on January 20 next year, another Democratic commissioner on the Securities and Exchange Commission is all set to leave the US SEC. Commissioner Jaime Lizárraga To Exit As per a recent filing, Commissioner Jaime Lizárraga will officially resign from the US SEC by January 17, which could give Republicans a …