The Czech National Bank is considering adding Bitcoin to its reserves but prioritizes doubling its gold holdings to 100 tons by 2028.
On Monday, over $1 billion flowed into spot bitcoin and ether ETFs with Fidelity and Blackrock ETFs dominating the inflows. Bitcoin and Ether ETFs Extend Strong Start to 2025 U.S. spot bitcoin and ether exchange-traded funds (ETFs) continued their strong start to the year with a combined inflow of $1.1 billion on Monday, Jan. 6.
The global cryptocurrency market recorded a modest increase in the past 24 hours, with the market capitalization growing by 0.59% to reach $3.55 trillion. Trading activity surged as the 24-hour volume spiked by 30.16% to $127.63 billion, signaling heightened investor sentiments.
The exchange rate between the Offshore Chinese Yuan (CNH) and the U.S. Dollar has become a focal point for global macro traders as it approaches a critical threshold of 7.368. On Jan.
You might think that decentralized cryptocurrencies would be unaffected by the decisions of central banks, but the reality is quite different. As crypto becomes increasingly integrated into global financial markets, its price movements are proving to be heavily influenced by policies set by the Federal Reserve -- the most powerful central bank in the world.
The Czech National Bank (CNB) is considering Bitcoin as part of its foreign reserve diversification strategy, a move that signals the growing interest of central banks in digital assets. Governor Aleš Michl revealed that the idea of buying a small amount of Bitcoin is on the table, sparking curiosity about this bold move.
Bitcoin reclaims investor confidence with $19T in 2024 transactions. Explore BTC milestones, predictions, and the 2025 technical outlook for crypto enthusiasts. The post Exec Declares Bitcoin the Most Reliable Money Ever – $1 Million BTC Possible? appeared first on Cryptonews.
It is another year of opportunities, and 2025 will be the year for Bitcoin. After the 100k milestone, more fantastic advancements are to come.
Top U.S. economist and professor of applied economics at the Johns Hopkins University in Baltimore Steve Hanke said in a recent interview that he does not like the idea of the U.S. government potentially creating a strategic Bitcoin reserve over the next few years.
The cryptocurrency community has long memories, and no story encapsulates this better than the dramatic rise of Bitcoin in the wake of former Canadian Prime Minister Justin Trudeau's mockery of crypto investments.
Bitcoin continues to ignite passions. Just yesterday, crossing the $100,000 mark seemed like a utopia, yet the flagship crypto once again proves that it has not finished surprising us.
Bitcoin (BTC) is still accumulating in self-custodial wallets, signaling retail is still interested in owning crypto.
Steve Hanke, professor of applied economics at Johns Hopkins University, has heavily criticized a possible strategic bitcoin reserve move in the U.S. Hanke stated that it is a stupid idea and would put “a drag” on the economy.
Bitcoin miners and long-term holders are choosing to hold and not sell their assets, and as a result, sell-side liquidity is drying up.
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs experienced a surge in inflows on Jan. 6, totaling nearly $1.2 billion. What Happened: Bitcoin ETFs alone saw $987 million in net inflows, with Fidelity's (CBOE: FBTC) leading at $370 million and BlackRock's (NASDAQ:IBIT) securing $209 million.
Wall Street veteran Tone Vays, prominent Bitcoiner and popular YouTube blogger, is ready to open long positions on the orange coin again. Meanwhile, in a rare pattern, BTC performance in the last 24 hours brought enough pain to bulls and bears.
Bitcoin (BTC) has been on a wild ride during the first week of 2025, with the price oscillating between $95,000 and $101,000. Due to several macro events, analysts anticipate that the king coin could be set for more volatility in the coming weeks.
As Bitcoin surpasses $100,000, Changpeng Zhao, the founder of Binance, is making a lighthearted remark, calling $100,000 boring. Despite the importance of the milestone, many people are now wondering what Bitcoin will do next and whether it has more potential to increase.
According to FT, US-based Bitcoin miners have proactively taken steps to secure their future by raising billions to tackle the ongoing crisis
Bitcoin (BTC), the world's leading cryptocurrency, has been enjoying a robust bull cycle with its price nearing $100,000. However, a critical on-chain metric suggests this rally may be approaching its conclusion.
On-chain data shows the Bitcoin spot exchange inventory, which had been stuck in consolidation earlier, has finally started following a new trajectory. Bitcoin Spot Exchange Supply Has Seen A Sharp Plunge Recently In a new post on X, analyst Willy Woo has discussed about the trend in the Bitcoin spot exchange inventory.
BTC is looking to secure a foothold above $100,000, and its Deribit-listed options are indicating a bullish bias. The same can't be said of the S&P 500, which has a history of providing risk-on/off cues to risk assets, including BTC.
Poilievre is expected to replace Justin Trudeau, a known crypto critic. Users have placed approximately $278,000 in bets on Poilievre.
Multiple public companies have announced a bitcoin strategy, but there has been no acquisition yet.
Bitcoin has surged past $102,700, reaching its highest point in three weeks. After dipping below $93,000 just a week ago, Bitcoin has made an impressive recovery, rising more than 9% this week. This price jump is sparking hopes that Bitcoin might soon reach its previous all-time high of $108,000.
Known for his forward-thinking stance on crypto, Poilievre's decision to use Bitcoin for everyday purchases is a bold move. This act, though symbolic, speaks volumes about his commitment to crypto adoption and shows that he's walking the walk, not just talking the talk.
There has been a big change on Binance, the world's largest cryptocurrency exchange, as three new wallets have withdrawn 2,173 BTC, worth about $221.6 million, according to Lookonchain. While these types of transactions are fairly common, the amount of money involved and the timing of the transactions are what caught the attention of market participants.
The U.S. spot Bitcoin ETFs brought in $978.6 million, while the spot Ethereum funds registered $128.7 million in net inflows.
US Bitcoin ETF records inflow for the second consecutive day, sparking optimism among investors. Besides, it also comes amid a significant BTC rally, with the flagship crypto soaring past the $100K mark.
A shift is unfolding in the Bitcoin network, flipping the narrative of whale manipulation on its head.
Bitcoin (BTC) surged past $100,000 as it continued its upward momentum in the new year. The cryptocurrency went from a low of $98,760 to $102,413 late on January 6 before dropping marginally to its current level of $101,745.
Lil Bubble has revealed a new Track, Going Up, recorded at Michael Saylor's New Years Eve party thrown to celebrate bitcoin reaching $100k.
Two buys totalling nearly $1 billion each on Friday and Monday by the U.S. Spot Bitcoin ETFs have helped to push Bitcoin over $100,000 again.
The central bank Governor, Aleš Michl, recently said he was considering investing in Bitcoin as part of the bank's diversification strategy.
The supply of Bitcoin on centralized exchanges has continued to gradually shrink as whale investors led by US spot BTC ETFs continue to aggressively accumulate.
Now, in fact, it might become easier for banks to directly offer internally managed crypto services.
Satoshi Action Fund CEO, Dennis Porter announced up to 20 “Strategic Bitcoin Reserve” bills will be introduced at state level. Most states will have strategic Bitcoin reserves by summer if the bill gets passed.
KULR, a company adopting a bitcoin-first strategy, has recently acquired $21 million worth of BTC as part of its accumulation program. The company aims to allocate 90% of its free cash reserves to bitcoin. KULR Kicks Off 2025 by Buying Bitcoin KULR, an energy management services company, has started 2025 by filling its bitcoin coffers.
Bitcoin (BTC) has surpassed the $100,000 threshold for the first time in two weeks, supported by revived momentum after the expected confirmation of Donald Trump's US election win by Congress this week. According to Bloomberg data, the market's leading cryptocurrency climbed over 4% in the 24-hour time frame to hit $102,500 on Monday, recording a weekly rise of 11%—its highest surge since November 24.
Bitcoin is shifting traders' expectations by holding six figures as bullish BTC price patterns return to the radar.
Bitcoin ETFs in the US kicked off 2025 with a surge in demand, allowing them to almost reverse December outflows.
Elon Musk has said that if his Doge department is successful in combating inflation, it could drive down the price of bitcoin, dogecoin and other major cryptocurrencies.
Cryptocurrencies maintain a bullish stance as Bitcoin showcases upside momentum above the $100K mark. BTC changed hands at $101,830 during this publication, and magnified investor optimism suggests more gains. Its upside stance has triggered substantial movements in the altcoins space, with Hedera and Worldcoin stealing the show.
The US traded ETFs bought $978.6 million worth of bitcoin and $128.7 million worth of ethereum on Monday with inflows coming in at the higher end for the day.
ADA and HBAR have gained the most from the larger-cap alts.
Spot Bitcoin ETFs accumulated an impressive 51,500 BTC, according to data from Apollo and BiTBO. In comparison, only about 13,850 Bitcoins were added to the circulating supply during the same period, according to Blockchain.com.
Cryptocurrency markets begin 2025 with $585 million in ETF inflows and Bitcoin reaching $102,000, while institutional adoption grows through Metaplanet's planned 470% increase in Bitcoin holdings.
Following Justin Trudeau's resignation announcement, Conservative Party leader and PM frontrunner Pierre Poilievre's past advocacy for cryptocurrency and Bitcoin has resurfaced, including his 2022 promise to make Canada a crypto hub and his criticism of central banking policies.