Ledger's Unhackable Wallet Surges as Bitcoin Nears $100K Milestone

22.11.2024 3 times read 0 Comments

This Unhackable Crypto Wallet Is Booming With Bitcoin

According to Forbes, the Paris-based company Ledger is making waves in the crypto world with its unhackable hardware wallet. As Bitcoin approaches the staggering $100,000 mark, Ledger has seen a threefold increase in sales and transactions on their platform. CEO Pascal Gauthier emphasizes that while cryptocurrency remains central to their operations, they are expanding into broader cybersecurity markets.

Crypto Liquidation Hits $389M as Altcoins Retest New Highs

Coinspeaker reports that over 116,000 traders faced liquidations amounting to $389 million within just 24 hours due to volatile market conditions. This surge was partly fueled by political changes in the U.S., including Donald Trump's pro-crypto stance, which has excited investors and led them towards high-risk bets.

Bitcoin Hits New Highs, Eyes $100k Milestone Amid Ongoing Trump Rally

Business Today highlights how Bitcoin continues its upward trajectory following recent U.S. election results favoring Donald Trump. The digital currency reached nearly $99,300 recently, and experts predict it could soon hit the much-anticipated $100K threshold as institutional interest grows alongside favorable regulatory expectations under Trump's administration.

Extreme Greed Dominates Crypto Market

The sentiment of extreme greed pervades the crypto market according to U.Today's analysis of current trends driven by Bitcoin nearing historic price levels close to $100K. While this optimism fuels speculation and buying activity among investors eager not to miss out on potential gains, analysts caution against possible corrections given such heightened enthusiasm.

$3.42 Billion in Bitcoin and Ethereum Options Expiry Hint at Market Volatility Ahead

A report from Coinspeaker suggests significant volatility may arise from upcoming options expiries totaling billions for both Bitcoin at $98K and Ethereum at $3K. Analysts note bearish sentiments indicated through put-to-call ratios but also acknowledge bullish momentum, particularly around ETH, amidst substantial capital inflows into ETFs like BlackRock’s IBIT option offerings.

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