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news-imageDecember 17, 2024

Announced the launch of sBTC on the Stacks mainnet: unlocking the DeFi economy for Bitcoin

According to reports from Bitcoin L2Labs, which leads the development of the layer-2 of Bitcoin Stacks, the launch of sBTC has been made official.
Publisher: The Cryptonomist
Sentiment: Positive
BTC
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cover-imageCryptopolitan
December 17, 2024

Former finance minister says Germany is not recognizing Bitcoin's value

Christian Lindner, the former Finance Minister of Germany, questioned the country's leaders for not adopting Bitcoin's economic opportunities, especially as the U.S. moves forward with crypto innovation. The leader of the Free Democratic Party (FDP) Christian Lindner questioned the German government for failing to adopt Bitcoin's economic opportunities.

Positive
cover-imageBenzinga
December 17, 2024

'Bitcoin President' Nayib Bukele Sends 'Greetings' To French Member Of EU Parliament Calling For A European Bitcoin Reserve

Sarah Knafo, a French member of the European Parliament, has caught the attention of the Bitcoin (CRYPTO: BTC) community with her appeal to the European Union to reject a central bank digital currency (CBDC) in favor of Bitcoin. What Happened: Knafo called in her speech on Tuesday on the EU to implement a strategic Bitcoin reserve as a decentralized safeguard against inflation and centralized control.

Positive
cover-imageThe Daily Hodl
December 17, 2024

CRO Rallies As Crypto.com CEO Kris Marszalek Meets With Donald Trump To Discuss Bitcoin Reserve: Report

Crypto.com CEO Kris Marszalek has met with US President-elect Donald Trump to discuss the future of the industry ahead of the new administration's entry into the White House. According to a new Bloomberg report, Marszalek and Trump recently met at Mar-a-Lago to discuss the possibility of a national Bitcoin (BTC) reserve, among other things.

Positive
cover-imageBenzinga
December 17, 2024

Raoul Pal Predicts 'Violent Upside' For Bitcoin, Targets $250,000

Raoul Pal, macro strategist and founder of Real Vision, discussed his bullish outlook on Bitcoin's (CRYPTO: BTC) current market position, predicting more upside for the apex crypto. In a new ‘The Journey Man' podcast published on Sunday, Pal emphasized Bitcoin's pivotal role in shaping the financial future and its potential for exponential growth.

Positive
cover-imageThe Currency Analytics
December 17, 2024

Bitcoin DeFi TVL Hits Record High, Surpasses BNB Chain

Bitcoin (BTC) has made waves in the decentralized finance (DeFi) sector with a significant surge in its Total Value Locked (TVL), which has reached an all-time high (ATH) of $6.9 billion. This remarkable growth has enabled Bitcoin to surpass BNB Chain, securing its position as the fourth-largest blockchain by TVL in DeFi.

Positive
cover-imageBenzinga
December 17, 2024

Bitcoin Price Sets All-Time High Of $108,388, Then Dips To $106K: What Is Going On?

Bitcoin (CRYPTO: BTC) spiked to another all-time high of $108,388 at the start of the U.S. trading session but reversed its gains in line with broader stock market losses. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bitcoin (CRYPTO: BTC) $106,171 $2.1 trillion -0.2% +8.6% Ethereum (CRYPTO: ETH) $3,933 $474 billion -0.2% +6.8% XRP (CRYPTO: XRP) $2.58 $147.6 billion +8.8% +18.1% Trader Notes: Technical analyst Kevin warned in a post on X that USDT dominance remains at a critical support level, likely impeding prices from going higher.

Positive
cover-imageInvezz
December 17, 2024

Bitcoin hits new all-time high above $107,000 as Fed rate cut looms

Bitcoin climbed to a new all-time high on Monday, surpassing $107,000 as investor sentiment strengthened ahead of a widely anticipated interest rate cut by the Federal Reserve later this week. The price of the world's largest cryptocurrency rose as high as $107,229.38, marking a new record, before settling at $106,126.

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