As Bitcoin surged past $89,000 today, reaching new heights, the cryptocurrency market is witnessing warning signs of increased volatility. 
Notably, Bitcoin hit an all-time high of $89,956 today, marking the culmination of eight consecutive days of upward momentum, during which its value advanced by approximately 35%. This impressive rally has propelled Bitcoin to become the eighth most valuable asset in the world, surpassing silver.
However, market watchers are expressing concern about the short-term outlook amid the ongoing upswing, warning of the potential for significant price corrections as well as further surges.

#Bitcoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA

Dogecoin is seeing astounding price surges, with retail wallet holdings increasing while 108 whales re-enter the market to boost the rally further.
Dogecoin is experiencing a surge in market activity, driven by increased interest from retail investors only days after Donald Trump won the U.S. presidential election. Recent data from Santiment, a market intelligence platform, highlights a notable increase in smaller Dogecoin wallets over the past month.
The report revealed that wallets holding less than 100,000 DOGE have increased by 74,885 over the last 30 days. However, while retail activity accelerates, larger wallet categories, such as shark and whale accounts, have decreased by 350 during the same period.
Meanwhile, 108 whale wallets have recently re-entered the Dogecoin market, contributing to Dogecoin’s rally above $0.40, marking its highest level in over three years.
Santiment noted that sustained momentum for Dogecoin depends on simultaneous accumulation by both retail investors and large stakeholders.
The platform added that the coming days will be crucial in determining whether more sharks and whales will return to the market to support the ongoing rally.

#Dogecoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewss

Leading stablecoin issuer Tether mints another $2 billion on the Ethereum network as fever pitch USDT demands emerge following the crypto market bullish outburst.
The incessant demand for stablecoins in the crypto market has resumed following a broader market’s resurgence. The surging demand is evident in the over $765 billion added to the crypto market in the past week.
With over 43% dominance, Tether’s USDT has been a crucial indicator of growing market demand. Blockchain analytic firm Lookonchain noted that the leading stablecoin issuer minted $2 billion on its Treasury two days ago, pushing them to exchanges amidst growing market demand.
Meanwhile, Tether has minted another $2 billion on the Ethereum network, its third on the chain in less than a week. Whale Alert confirmed that the stablecoin issuer created the USDT on Ethereum late Monday.
Notably, Lookonchain noted that Bitcoin surged to record highs following Tether’s $2 billion USDT mint two days ago. The fresh Monday mint has sparked speculation that the bullish event might further facilitate a Bitcoin uptrend.

#Bitcoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA

Bitcoin has reached a new all-time high of $81,858 while decoupling from global stock markets, signaling a new phase of growth.
At press time, Bitcoin is trading at $80,944.72, marking a 2.42% increase in the last 24 hours and a significant 17.43% gain over the past week. This price movement has been accompanied by a trading volume of $78.6 billion, further highlighting the strength of the rally.

#Bitcoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewss

Dogecoin (DOGE) has surged 23% in the past 24 hours, overtaking leading crypto assets like USDC and XRP on the ranking.
This rise follows a broader market rally, with many assets, including Bitcoin, Ethereum, and various meme coins, hitting highs not seen in months. The influx of new funds from institutional and retail investors has been a key driver behind this surge.
Once considered a $40 billion “joke” project, Dogecoin has seen substantial inflows over the past day, placing it among the biggest gainers. The reasons for this surge range from macroeconomic factors to U.S. political developments and the continued influence of Elon Musk, a prominent Dogecoin advocate. 

#Dogecoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA

Today marks a significant event in the crypto derivatives market, with large expirations of Bitcoin options as well as Ethereum options amid notable price rallies in the spot market.
A total of 49,000 BTC options and 295,000 ETH options officially expired on November 8.
For Bitcoin, the expiration shows a Put-Call ratio of 0.72, indicating a slightly more bearish outlook among options traders who had initially bet on a significant price correction. The notional value of the 49,000 BTC options that expired worthless stands at $3.7 billion.Notably, last Friday—when the market was in a bearish phase—28,000 Bitcoin options, valued at around $2 billion, expired. This expiration coincided with Bitcoin dipping to $68,000. At the time, the options market was almost evenly split between bearish and bullish traders.

#Bitcoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA

The City of Detroit will become the largest US city to accept Bitcoin as a means of payment.
In a press release on Thursday, the 26th-largest city stated that Detroiters will soon be able to make payments for city-related utilities through Bitcoin. Detroit noted that it will accept tax payments and city fees using cryptocurrencies.
The payment options would become available to Detroiters in mid-2025. The Thursday report revealed that Detroit partnered with financial technology giant PayPal to create a platform that would facilitate the payment option.

#Bitcoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewss

Solana (SOL) recaptures the $200 level as the bull run prolongs.
The Solana bull run continues as it becomes the fourth-biggest crypto in the world. With a market cap of $93.29B, the recovery run in Solana now hits the $200 psychological mark. 

#Solana #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewss

China Central TV, one of the country’s most prominent media outlets, has US President-elect Donald Trump’s plans to adopt Bitcoin as a strategic reserve.
The bullish news aired live on the Chinese media. Notably, China Central TV (CCTV) reported the news on Thursday, a day after Trump’s election victory.
CCTV noted that Bitcoin surged to unprecedented heights following Trump’s win. Although the news reported that Bitcoin grew to a new ATH around $75,000, the crypto firstborn surged to a greater high of $76,946 late Thursday.
The leading Chinese media outlet reported that the price surge followed Trump’s earlier promise to make the US the world’s Bitcoin and cryptocurrency capital. It also noted that the US president-elect pledged to create a US Bitcoin stockpile, strategically storing the premier asset to bolster the country’s economy.

#Bitcoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewss

BlackRock leads the charge as US spot Bitcoin ETFs record their largest single-day inflow since inception amidst pent-up demand.
The US spot Bitcoin ETFs recorded a staggering $1.37 billion inflow on Thursday, their largest since the market debut on January 11. The record inflow correlated with Bitcoin’s push to a new all-time high of $76,943.

#Bitcoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewss

Bitcoin soared to unprecedented levels on Wednesday, fueled by former President Donald Trump’s electoral victory over Vice President Kamala Harris. Specifically, the firstborn crypto hit an all-time above $76,000 yesterday.
This surge triggered widespread liquidations among over-leveraged short traders, totaling over $500 million. Notably, the price later steadied at $74,812 after hitting another all-time high of $76,493.

#Bitcoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA