"There are no politically acceptable solutions available to Trump to quickly bring about such change," the BitMex co-founder wrote.
Sellers have returned to the game, according to CoinMarketCap.
Robert Kiyosaki, finance expert and investor, also famous as the author of the popular book on asset management “Rich Dad Poor Dad”, has taken to his official account on the social media platform X (widely known as Twitter previously) to make a stunning Bitcoin price prediction for next year.
Markets are on edge ahead of the Federal Reserve's final meeting of 2024, with investor focus shifting to the central bank's projections for 2025 rate cuts rather than the widely expected 25-basis-point reduction. What Happened: The outcomes of the projections could trigger vastly different market reactions, from relief rallies to sharp declines.
Ohio lawmaker Derek Merrin introduced a groundbreaking bill to establish a Strategic Bitcoin Reserve within the state treasury, according to a Dec. 17 statement.
The billionaire Michael Saylor, the executive chairman of enterprise software provider MicroStrategy (MSTR -5.41%), is a prominent Bitcoin (BTC -2.24%) bull. This view has worked out nicely for him after the world's most valuable cryptocurrency has seen its price surge 151% in 2024 (as of the afternoon of Dec. 17).
Cango Inc., a Shanghai-based automotive transaction service platform, announced that it had completed the $256M cash-settled acquisition of on-rack crypto mining machines with 32 EH/s of hashrate from Bitmain.
Renowned Bitcoin maximalist Samson Mow, the former CSO at Adam Back's Blockstream and currently the CEO of JAN3 and a few other companies, believes that there is not that much time left in order to accumulate the digital gold — Bitcoin.
Bitcoin has officially surpassed $107,000, setting a new all-time high of $107,777, fueled by growing institutional demand and an increase in whale activity. The digital asset is continuing its upward trajectory, with technical indicators supporting the price levels and showing no signs of slowing down.
Strike CEO predicts Bitcoin could hit $1M, an 870% surge, driven by fiscal instability and BTC's scarcity as the hardest asset to inflate.
The crypto universe is an arena where each asset fights for its place at the top. Recently, Solana (SOL), often hailed as a serious contender against Bitcoin (BTC) and Ethereum (ETH), has shown signs of weakness.
Bitcoin fell 3.4% to $103,805 after hitting an all-time high of $108,268. A breakdown below $102K could push BTC toward $99,700 or lower.
17-year-old Ishaana Misra was awarded Chaincode Labs' inaugural Bitcoin Scholarship, making her the youngest ever contributor to Bitcoin Core.
A new supply-and-demand equilibrium model suggests Bitcoin may surpass $1 million by January 2027, following current trends in adoption, liquidity, and Bitcoin reserves. A recent paper by Dr. Murray A.
A veteran trader known for accurately calling the crypto market collapse of May 2021 believes Bitcoin (BTC) is gearing up for an explosive move.
President Donald Trump's victory handed El Salvador's Bitcoin experiment its first major win. With Bitcoin surging to an all-time high of $100,000, the government's crypto stash is now worth over $620 million as of press time.
Analysts reported that a South American country is among the Bitcoin investors who greatly benefit from the Donald Trump-fueled crypto bull market as its digital asset portfolio reaches new heights. The value of El Salvador's Bitcoin holdings soared to $632 million after the firstborn crypto hit a new all-time high of $106,488 per coin.
Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and cryptocurrency news from last week. This edition examines how El Salvador might leverage its newfound gold reserves to increase its bitcoin stash, becoming richer in just one trade.
A rumor is spreading that MicroStrategy may stop selling stocks and issuing convertible debt in January, cutting off its usual Bitcoin funding sources. If this happens, it would leave many of its investors, who rely on Michael Saylor's regular Bitcoin purchases, disappointed.
Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) have experienced a decline in value following a recent drop in Bitcoin's price. This downturn reflects the ongoing volatility in the cryptocurrency market, impacting investors and related financial products.
TL;DR VanEck's Matthew Sigel predicts the US will establish a strategic Bitcoin reserve in 2025 through executive action, reclassifying 200,000 seized Bitcoin as a national reserve. The move aims to stabilize and increase Bitcoin's value, with the potential for individual states like Pennsylvania, Florida, or Texas to create their own reserves.
Bitcoin rebounds to $104,800 as Ohio proposes a Bitcoin reserve bill. Technical analysis points to resistance at $105,152, with institutional inflows driving optimism. The post Bitcoin Price Nears $105K; Ohio Bitcoin Bill and ETF Demand Surge in Play appeared first on Cryptonews.
Bitcoin has emerged as the undisputed champion of 2024. Jan van Eck, CEO of VanEck, a global investment management firm, shared his bold outlook for Bitcoin and other financial markets as we head into 2025.
The medical device company Semler Scientific has recently introduced options trading for its stock, SMLR. The company's stock options reportedly showed up on several brokerage accounts.
The crypto market has suffered a $420 million in liquidations with BTC price down in 24 hours.
Bitcoin's spot market demand has increased over the past month, driving BTC's prices up.
Crypto analyst Charting Guy has provided a major update on the Bitcoin price action as BTC hit a new all-time high (ATH) at $108,000. The analyst drew similarities between the current price and that of 2023 while revealing what could happen next for the flagship crypto.
MicroStrategy is generally regarded as a leveraged Bitcoin play or a synthetic call option. However, crypto expert Alex Kolicich reveals why MSTR may not be the best way to gain Bitcoin exposure. Let's understand his insights! Prime Misconception About MSTR The price of MSTR remains at $386.42.
A Bitcoin and Ether combo ETF is expected to lead a wave of new funds in 2025, and could open the door for potential ETFs for Litecoin and Hedera.
Bitcoin price today trades at on after hitting a daily high of today after a % move on . Will BTC continue its ascent to set up new highs?
Will Galaxy Digital's latest BTC acquisition redefine its market influence?
“Moving forward, Metaplanet is committed to its role as Japan's leading Bitcoin Treasury Company," the company said in a statement yesterday.
BlackRock's IBIT Bitcoin ETF has become the most successful ETF launch in a decade with over $36 billion in inflows, surpassing all rivals and helping push total Bitcoin ETF assets above gold ETF holdings.
Metaplanet has unveiled a new Bitcoin Treasury operations business line, adopting a “Bitcoin First, Bitcoin Only” strategy.
Countries like the Netherlands are preparing for MiCA implementation.
Bitcoin's spot exchange-traded funds (ETFs) are experiencing a remarkable surge in investments, with net inflows reaching $637 million on December 16, 2024. This marks the 13th consecutive day of positive inflows, underscoring a growing sense of confidence from institutional investors.
An Ohio lawmaker, Derek Merrin, proposes a pioneering law to create a strategic reserve of bitcoins within the State Treasury. In the face of the dollar's devaluation and the rise of bitcoin, this initiative marks a turning point in the institutional adoption of crypto in the United States.
Advocates hail it as a financial innovation, while critics point to volatility concerns. This bold move could redefine crypto's role in state treasuries.
Since it reignited the bull run in earnest in early November, Bitcoin (BTC) has rallied 56.52% to recent highs above $108,000, and, even when the latest drop to the press time price of $105,644, the cryptocurrency remains 52.17% in the green within the time frame.
The U.S. Department of Justice has now achieved its first criminal tax evasion conviction based solely on cryptocurrency activity.
Bitcoin ($BTC) continues to attract interest from institutional investors, nation states, and now US states. A new all-time high of just over $108,000 may not last long, with buying likely to ramp up ahead of Trump's inauguration in January.
Bitcoin's market capitalization has reached 14% of gold's value while setting new price records and surpassing gold ETFs in assets under management, as institutional adoption grows and Federal Reserve Chair Powell acknowledges it as a "digital version" of gold.
An attacker targeted the small liquidity pool of a newly launched meme token, extracting $243K after manipulating the pool's liquidity while deploying sandwich attacks.
The French lawmaker, who has been a member of the European Parliament since June, recently delivered a passionate speech. She called on lawmakers to establish a strategic Bitcoin reserve while rejecting the proposed central bank digital currency (CBDC).
A closely followed crypto trader believes that conditions are nearly ripe for Ethereum (ETH) to witness a surge to fresh record highs. Crypto strategist Justin Bennett tells his 115,400 followers on the social media platform X that it's only a matter of time before Ethereum fully reclaims resistance at $4,000 as support.
The metric came close to $4 trillion before the correction.
The U.S. government is pursuing comprehensive Bitcoin adoption through a proposed federal reserve of 1 million BTC and various state-level treasury initiatives, with support from the incoming Trump administration and key officials like Senator Lummis and Crypto Czar David Sacks.