Bitcoin’s price has closed at its highest monthly figure ever, eclipsing the previous high that was seen last month.
Bitcoin’s price has been setting records as of late. Yesterday it rose up and broke its previous all-time high price. And it continues to maintain its longest streak ever of days above $10,000. Now it’s gone on to make gains on the monthly scale too.
Yesterday, Bitcoin’s price—having started the month at $13,737—finished the month at $19,625, setting a new record.
This month’s figure is far higher than figures seen during Bitcoin’s last major bull run during Christmas of 2017, which pushed Bitcoin up to the $19,000 bracket for the first time and registered an all-time high that took nearly three years to overcome.
Per CoinMarketCap, Bitcoin ended 2017 on $14,156 as the Christmas bull run was in full flow. Just one month later in January 2018, Bitcoin registered a $10,221 at the end of the month, representing a 28% decrease between months amidst what proved to be a major price crash.
During the 2017 bull run we closed only 9 days TOTAL over $17,000
Today we have just closed our 14th day in a row above $17,000#Bitcoin is stronger than ever
Since the summer, when Bitcoin’s 2020 bull run first began, monthly closure figures had been steadily increasing.
This August, Bitcoin closed the month at $11,680. One month ago, Bitcoin’s price closed October at $13,780, now the second highest monthly close price ever. What’s more, this means there was an 18% increase in monthly closures between August and October.
Alexander Höptner, the former executive of Germany’s second-largest stock exchange, Börse Stuttgart, has been appointed by holding group 100x Group to lead its various products and investments, as per an announcement. He will join in January 2021.
The group operates crypto derivatives exchange BitMEX, whose three founding members—Arthur Hayes, Samuel Reed, and Ben Delo—stepped down in October after facing multiple charges in the US.
We are proud to introduce Alexander Höptner as our newly appoi...
But November has been a historic month for Bitcoin. Not only did this year’s bull run reach its highest point this month, but Bitcoin recovered from a brief market crash to register a new all-time high price. Unsurprisingly, this month’s closure marks a major 42% increase from October’s figures.
A list of 220 of the top holders of President Donald Trump’s official Solana-based meme coin (TRUMP) was headed by Tron founder Justin Sun, the crypto billionaire confirmed via social media on Monday.
The list contained registered TRUMP holders vying for an invitation to the president’s gala dinner to be hosted at Trump National Golf Course in Washington, D.C. on May 22. The top 25 “VIP” holders, including Sun, also receive access to an exclusive reception and special tour alongside the dinner....
Bitcoin ETFs have seen their best day of trading since the start of May, with smaller funds enjoying healthy inflows.
Fidelity's Wise Origin Bitcoin Fund (FBTC), the second-largest spot ETF in the U.S., saw its net assets rise by $188 million in just 24 hours, per data from SoSoValue.
Meanwhile, the ARK 21Shares Bitcoin ETF (ARKB)—in fourth place after the Grayscale Bitcoin Trust—clocked inflows of $155 million, with the two funds between them accounting for more than half of the funds invested...
A divisive proposal to rebrand Bitcoin’s base unit is gaining momentum on social media after Twitter (now X) founder and longtime Bitcoin bull Jack Dorsey shared support on Sunday, racking up more than 1 million views collectively on posts promoting BIP 177.
Authored by software developer John Carvalho, the Bitcoin Improvement Proposal, entitled “Redefine Bitcoin's Base Unit,” seeks to do just that—by shifting the way the coin’s quantities are displayed, removing the decimal point and leading z...