Bitcoin ends 2024 near $100K, gaining 140% YTD, and sets the stage for a bullish 2025. Using trend-based Fibonacci levels, BTC targets $116K, $151K, and $208K in the upcoming rally. Ali Martinez projects a breakout to $275K, supported by a cup-and-handle pattern and whale accumulation. BTC could range between $180K-$250K, with $300K+ possible in highly bullish scenarios. With Bitcoin price fluctuating near the $100,000 mark by the end of 2024, the underlying confidence in the crypto market has significantly improved. As BTC price started the year at $42,200, the bullish…
Author: Vortex Cryptonews
Bitcoin (BTC) Price Spikes to New ATH of Above $107.8K Ahead of Wednesday’s FOMC Data
Bitcoin price will continue to experience heightened volatility amid high-impact news from the United States, Japan, and the United Kingdom. The overall supply of Bitcoin on centralized exchanges has continued to decline amid renewed interest from whale investors. Bitcoin price has continued to grind higher in the recent past after closing above $100K for the last three consecutive weeks. The flagship coin surged around 3% in the past 24 hours to reach a new all-time high of about $107,822. As a result, Bitcoin’s market cap surged above $2.12 trillion as…
Binance Leads Core Rival Amid Institutional Investors Crypto Entry
Institutional investors are doubling their entry into the crypto ecosystem. Binance now ranks as a top exchange, trapping this institutional entry. Spot Bitcoin ETF is also a channel corporate buyers are leaning toward to enter crypto. The current inflow trend on Binance this year is proof that the crypto market is no longer a playground dominated by retail traders. Instead, are making their presence known with unprecedented deposit volumes. Crypto exchanges have reported unprecedented growth in Bitcoin and Tether’s inflows. Per a CryptoQuant , this year has significantly increased professional…
Vaultbridgecapital-ltd: The Rising Crypto Exchange You Can’t Afford to Ignore
In the competitive world of cryptocurrency exchanges, Vaultbridgecapital-ltd has emerged as a standout platform, offering a unique blend of features that cater to both novice and experienced traders. While its fixed 3% commission and global expansion have already made headlines, there’s much more to this Hong Kong-based exchange. Let’s dive into the lesser-known advantages that make Vaultbridgecapital-ltd a top choice for crypto enthusiasts. 1. Lightning-Fast Transaction Speeds One of the most frustrating aspects of crypto trading is waiting for transactions to process, especially during periods of high market volatility. Vaultbridgecapital-ltd addresses…
Coinbase Adds Gigachad (GIGA) and Turbo (TURBO) to Listing Roadmap Resulting in Huge Gains
The announcement of the imminent listing of TURBO and GIGA Coinbase resulted in a 15% and 37% upsurge respectively. Coinbase has listed several memecoins in the last few weeks, thus increasing its overall trading volumes. Bitcoin faces growing competition as altcoins gain momentum, with Coinbase Global Inc. (NASDAQ: COIN) capitalizing on this trend through strategic memecoin listings across multiple chains. Recent additions have notably boosted the exchange’s trading volumes. As , Coinbase Global has already listed frog-themed Pepe , dog-themed Floki , Dogwifhat , and Moo Deng , among many…
Bitget Enters Vietnamese Market with Launch of Dedicated Crypto Exchange
Bitget has launched BitEXC, a crypto exchange tailored for Vietnam, as part of its strategic push into Southeast Asia’s booming crypto market. BitEXC offers Vietnam-centric features like fiat deposits via local payment methods, real-time customer support, and trading tools designed for novice and experienced users. To celebrate its launch, BitEXC is offering rewards like mystery boxes, sign-up bonuses, and referral incentives to attract Vietnamese crypto enthusiasts to the platform. Leading cryptocurrency exchange Bitget has launched BitEXC, a crypto trading platform specifically designed for Vietnam’s rapidly growing digital asset market. In…
Bitcoin Jesus Fights Back: Roger Ver Claims US Targets Him Over Crypto Advocacy
Ver alleges that the US government is targeting him for Bitcoin advocacy, not tax evasion. His defence cites unconstitutional charges and vague crypto tax laws. Roger Ver, popularly known as “Bitcoin Jesus” is maintaining his stand that the allegations leveled against him by the United States Department of Justice (DOJ) are not true. Ver was apprehended by the US authorities in Spain in April on charges ranging from tax evasion to mail fraud and filing false tax returns. Presently, the US authorities are waiting to get a court ruling in…
Anchorage Digital Secures BitLicense for New York Operations
Anchorage is now licensed to operate in New York. The firm secured BitLicense for its subsidiary Anchorage Digital NY, LLC. The firm will now compete with firms with similar licenses from the NYDFS. Anchorage Digital, a leading crypto custodian, has announced that it has secured a BitLicense for its subsidiary, Anchorage Digital NY, LLC. This approval was granted by the New York State Department of Financial Services (NYDFS) on November 16. This license will allow the firm to offer regulated crypto services to institutional clients throughout New York State once…
$412 Million Liquidated as Bitcoin (BTC) Slips Below $100,000 Again
Bitcoin contributed 12.62% of the $412 million liquidations, signaling its central role in the market’s downturn. Ethereum and altcoins, including XRP and Dogecoin, collectively lost over $154 million as traders underestimated the ripple effects of geopolitical tension. The martial law declaration in South Korea spooked investors, triggering a chain reaction of local and global sell-offs. Bitcoin’s rapid descent below $100,000 has triggered a wave of panic among traders, erasing $412 million in leveraged positions within 24 hours. The market turbulence marks a sobering moment for investors who believed the six-figure…
Binance Unveils Its First On-chain Yield Offering with Babylon Staking
Users can stake Bitcoin (BTC) through Binance to earn rewards starting December 10, with a cap of 1,000 BTC available for staking.Early participants will benefit from additional rewards tied to Babylon Protocol’s progress milestones. The launch follows Binance’s recent product rollouts, including merged mining and pre-market spot trading services . gh Binance accounts, provides users with an entry point into the decentralized finance (DeFi) ecosystem. The offering, introduced under Binance Earn, debuts with Babylon BTC Staking as its flagship product. According to a press release shared with Coinspeaker, Binance plans…