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Cryptocurrency News Articles

Bitcoin (BTC) Hits New All-Time High Above $99,000, Satoshi Nakamoto Could Be Worth $106B

Nov 26, 2024 at 03:40 am

Crypto isn't just back. It's booming. Bitcoin hit a new all-time high of $99,456.01 on November 22. Major altcoins are rallying too: Solana (SOL) touched $262.93

Bitcoin (BTC) Hits New All-Time High Above $99,000, Satoshi Nakamoto Could Be Worth $106B

Crypto Isn’t Just Back. It’s Booming. Here’s What’s Driving The Surprising Surge

After hitting a new all-time high last week, crypto prices are continuing to surge—and it might come as a surprise to some.

Bitcoin hit a new all-time high of $99,456.01 on November 22, according to Forbes Digital Assets. Major altcoins are also rallying, with Solana (SOL) touching $262.93, also surpassing its 2021 peak, as per CoinGecko.

Here's a closer look at what's behind the surprising crypto price surge.

The bull run signals rising confidence in crypto’s mainstreaming—and in the market’s belief that Trump’s pro-crypto rhetoric could deliver.

Crypto prices soared to new heights last week, with bitcoin hitting an all-time high of $99,456.01 on November 22. But the rally paused on Friday as news broke that the SEC is investigating Binance over its handling of digital asset securities.

Meanwhile, major altcoins also rallied, with Solana (SOL) touching $262.93, also surpassing its 2021 peak, as per CoinGecko.

Overall, the market saw a 90% year-to-date increase, buoyed by the anticipation of crypto’s mass adoption and regulatory clarity.

As crypto prices surged to new all-time highs last week, hardware wallets proved to be a hot commodity once again.

Paris-based crypto security firm Ledger is seeing its flagship hardware wallets sell at an incredible pace amid the rising crypto prices.

According to Ledger, hardware sales increased by 3x during bitcoin’s rally from $68,000 to $98,000, while transactions on Ledger Live, its companion app, also surged by 3.5x during the same period.

To put things into perspective, Ledger hardware wallets are currently priced between $79 and $279, while bitcoin soared by 45% over the span of two weeks.

In an interview with Forbes, Ledger CEO Pascal Gauthier shared his vision of positioning Ledger as a cornerstone of the digital era, where its devices will be as essential to your online life as a passport is to global travel.

“We want to be the passport to the digital era, where you can move around different applications, different services, different experiences in a self-sovereign way,” said Gauthier.

Despite being best known for its hardware wallets, Ledger is also working on expanding its services, including the launch of its own NFT platform and a partnership with Sorare to integrate Web3 technology into fantasy sports.

With the crypto market booming and hardware wallets being in high demand, especially during periods of price surges, Ledger's strategy and ambitions certainly align with the rapidly evolving digital landscape.

After hitting a new all-time high last week, crypto prices are continuing to surge—and it might come as a surprise to some.

Bitcoin hit a new all-time high of $99,456.01 on November 22, according to Forbes Digital Assets. Major altcoins are also rallying, with Solana (SOL) touching $262.93, also surpassing its 2021 peak, as per CoinGecko.

Here's a closer look at what's behind the surprising crypto price surge.

The bull run signals rising confidence in crypto’s mainstreaming—and in the market’s belief that Trump’s pro-crypto rhetoric could deliver.

As crypto prices soared to new all-time highs last week, hardware wallets proved to be a hot commodity once again.

Paris-based crypto security firm Ledger is seeing its flagship hardware wallets sell at an incredible pace amid the rising crypto prices.

According to Ledger, hardware sales increased by 3x during bitcoin’s rally from $68,000 to $98,000, while transactions on Ledger Live, its companion app, also surged by 3.5x during the same period.

To put things into perspective, Ledger hardware wallets are currently priced between $79 and $279, while bitcoin soared by 45% over the span of two weeks.

In an interview with Forbes, Ledger CEO Pascal Gauthier shared his vision of positioning Ledger as a cornerstone of the digital era, where its devices will be as essential to your online life as a passport is to global travel.

“We want to be the passport to the digital era, where you can move around different applications, different services, different experiences in a self-sovereign way,” said Gauthier.

Despite being best known for its hardware wallets, Ledger is also working on expanding its services, including the launch of its own NFT platform and a partnership with Sorare to integrate Web3 technology into fantasy sports.

With the crypto market

News source:www.forbes.com

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