Ukraine is gearing up to block Russia's use of Bitcoin and other cryptocurrencies in foreign trade, with sanctions already in the works.
Interest rates were a tailwind to prices for much of 2024, but may have become a headwind.
Bitcoin is rocking at $95,492, with a market cap of $1.89 trillion, a 24-hour trade whirl of $42 billion, and prices swinging between $95,134 and $99,886 today. Bitcoin Bitcoin‘s 1-hour chart showcases a dramatic drop from $99,881 to $95,111, with hefty selling pressure shown by big red candles.
It is Dec. 26, the day after Christmas, and to put it mildly, the holiday spirit did not last long — for the cryptocurrency market in particular. As soon as the global holiday came to an end, the price of BTC began to fall, dropping as much as 4% during today's trading session.
The market is going crazy with Michael Saylors's Bitcoin strategy in yet another instance of boosting the asset his publicly-traded software company announced that it had added another 5000 plus of the cryptocurrency.
TL;DR Bitcoin HODLing has intensified as Binance's Bitcoin reserves have dropped to levels not seen since early 2024, now below 570,000 BTC. The decline in reserves suggests investors are moving their Bitcoin to cold storage, indicating long-term confidence in the cryptocurrency's future.
Kristin Smith, Blockchain Association CEO, joins 'Squawk Box' to discuss the state of crypto, impact of President-elect Trump's policies and pro-crypto picks on the digital asset industry, and more.
The year 2024 has been filled with major milestones for Bitcoin, from reaching new all-time highs to several governments mulling a Bitcoin reserve. However, data reveals that there are less than 1.19 million BTC left to be mined.
The current presale price of Rexas Finance (RXS) at $0.15 echoes Bitcoin's era-defining valuation of $150 in 2013. Investors who seized the Bitcoin opportunity then have witnessed unprecedented returns as it now hovers below $100,000. Today, Rexas Finance presents a similarly compelling proposition in the crypto market, blending blockchain innovation with real-world asset tokenization.
Bitcoin braces for a $14.27 billion options expiry on Dec. 27, as a falling wedge breakout signals a potential rally toward $100K amid volatility.
Bitcoin (BTC) has experienced a notable uptick of 4.16% in the last 24 hours, generating conversations about its potential for further gains after Christmas. The leading cryptocurrency, which had previously faced a period of consolidation, is now showing signs of bullish momentum.
The Bitcoin Runes protocol, which had a daily transaction count of over 750,000 on April 23, now struggled to reach 100,000 in December.
Billionaire entrepreneur and popular television personality Mark Cuban is a well-known Dogecoin (CRYPTO: DOGE) bull. Over the years, the "Shark Tank" investor has used social media to voice favorable opinions about the meme cryptocurrency What happened: In one such conversation on X back in Jan. 2022, Cuban argued that DOGE had greater transactional utility than Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency.
Ki Young Ju, crypto analyst, CEO and founder of the CryptoQuant on-chain data CryptoQuant, has taken to the X social media platform (widely known as Twitter in the past) to comment on recent whale transactions spotted recently, as whales have been buying tons of Bitcoin.
The global debate about Bitcoin's role in government reserves intensifies, Japan's government has expressed caution, signaling that it is not ready to follow the lead of countries like the U.S. in adopting Bitcoin as part of its foreign exchange reserves.
The Israeli Securities Authority (ISA) approved these funds last week. The approval of these Bitcoin mutual funds followed a years-long effort by local financial institutions, according to Calcalist.
With economic data and institutional hesitancy weighing heavily, consolidation isn't just a pause - it's preparation.
A $7,000 rally, which took the Bitcoin ($BTC) price to within touching distance of $100,000, was stopped in its tracks by the Bitcoin bears on Thursday. Currently back at just above $95,000, what do the last few days of 2024 hold for the king of the cryptocurrencies?
The spot bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission (SEC) earlier this year have registered more than $1.5 billion in outflows over the last four days, with data showing these funds' largest-ever outflow occurred on Dec. 19 as $671.9 million were moved out.
Michael Saylor, once a fierce critic of Ethereum, has recently admitted that he was wrong in his earlier views. The prominent Bitcoin advocate had previously predicted that Ethereum would be labeled an unregistered security, and he believed it would never be approved for a spot ETF. Let's find out what changed his views.
Two prominent Asian nations—Japan and Thailand—are taking distinctly different approaches to Bitcoin as the top crypto gains traction globally. Local media outlets from these countries have shown that Japan is adopting a reserved stance, while Thailand is exploring innovative use cases for Bitcoin.
BTC price stability wobbles in what appears to be a knee-jerk response to erroneous Bitcoin dominance data.
Investors' and traders' hope about an impending massive price rally for Bitcoin is alive again as the digital asset experiences renewed strength toward crucial resistance levels such as the coveted $100,000 mark. Given the recent price upswing, BTC's short-term outlook looks promising for significant gains.
Prime Minister Ishiba emphasized that Japan's current laws governing special account operations exclude cryptocurrencies from being classified as foreign exchange.
According to data provided by Barchart, diamond prices have fallen to the lowest level this century.
Earlier today, in a post on X (formerly Twitter), Ki Young Ju, the CEO of CryptoQuant, shared his insights about the current state of Bitcoin's market. His commentary revolves around whale accumulation—a term used to describe large-scale purchases of Bitcoin by big investors.
Robert Kiyosaki, famed for his financial insights, predicts Bitcoin will hit $350K and calls it the peoples money. As he warns of an impending economic collapse, he urges investors to act now and secure their financial future.
Six Bitcoin mutual funds will launch in Israel on December 31, 2024. Management fees range from 0.25% to 1.5%, with one actively managed fund.
Japan's government has officially rejected the idea of including Bitcoin in its national reserves, citing the cryptocurrency's volatility and its classification outside traditional foreign exchange. This cautious stance contrasts with the growing enthusiasm from private sectors within the country, such as Metaplanet, which is actively investing in Bitcoin, highlighting a significant divide between government policy
El Salvador, the smallest and most densely populated country in Central America, keeps piling on the bitcoins, adding another coin to its treasure on Christmas Day, boosting its reserves to 5,997.77 BTC, now valued at a cool $595 million.
The Santa Claus rally in the US equity markets has lifted Bitcoin price back to $100K levels, fueled by optimism for a broader crypto rally.
Japans Prime Minister Shigeru Ishiba raised concerns about adopting Bitcoin reserves, stating his government lacks adequate information on global strategies, including moves in the United States. Japan Faces Uncertainty on Bitcoin Reserve Decision The prime minister of Japan has stated that his country is unable to decide whether or not to establish a Bitcoin strategic reserve because of a lack of knowledge regarding the plans of other countries and the United States.
Bitcoin (BTC) remained the leading narrative, fulfilling even the more optimistic price predictions.
The altcoins are deep in the red once again.
This decision comes as the Russian government cites concerns over excessive energy consumption. This is a growing issue in regions already struggling with energy infrastructure.
2024 was nothing short of a blockbuster for the crypto world. From regulatory milestones to technological breakthroughs, each month unfolded like chapters in an epic saga, redefining the digital financial landscape. Let's rewind the clock and relive the highlights of this transformative year, step by step, from January's fireworks to December's triumphs.
The chief executive of Binance's Thai arm has encouraged the Bank of Thailand to consider former prime minister Thaksin Shinawatra's proposal for a pilot Bitcoin payment project so the nation does not get left behind.
The country's Finance Minister has confirmed the use of Bitcoin in international trade settlements. However, it is only using Bitcoins mined within the country for now.
Robert Kiyosaki, renowned financial motivator and author of the worldwide bestseller "Rich Dad Poor Dad," continues his recently accelerated Bitcoin (BTC) propaganda.
The Japanese government stated it has no plans to consider Bitcoin reserves. A Japanese lawmaker, Satoshi Hamada's efforts to create a reserve fund for Bitcoin went in vain.
During this festive Christmas season, the crypto market is buzzing with a notable surge of optimism. Data from the bitcoin derivatives market suggest a strong likelihood of seeing the queen of cryptos reach 105,000 dollars, driven by a persistent bullish sentiment and favorable technical indicators.
BTC is down 2% on a daily scale, with one element signaling that the pullback might intensify in the following days.
As 2024 draws to a close, this year's massive $305 million DMM Bitcoin leak is still generating panic in Japan. In an effort to tighten up internal auditing procedures for financial institutions, the country's regulator (FSA) will hold a roundtable in 2025 featuring participation from the Japan Virtual and Crypto assets Exchange Association (JVCEA).
Finding the right trading strategy isn't easy for everyone, especially when you're trading volatile cryptocurrencies like Bitcoin and Solana. Because if you make one wrong move, it's enough to wipe out your entire balance unless you have years of experience in the market.
Rune transactions on the Bitcoin network have recently hit a new historical low, representing only 1.67% of daily transactions. This figure marks a significant decrease compared to the period between April and November when Rune transactions often accounted for over 50% of daily transactions on the Bitcoin network.
Solana may be aping Bitcoin's price action as short-term risk bottoms ahead of a rally.
Solana (SOL) has recorded massive inflows, turning the tide after days in the doldrums. The community dubbed ETH killer picked up gains in price and on-chain activity alongside other altcoins.
DMM Bitcoin, a cryptocurrency exchange in Japan, faced a massive security breach in May 2023, when North Korean hackers stole 4,500 Bitcoins, worth about $320 million at the time. It hugely impacted the firm's operation and despite several attempts to recover the funds DMM Bitcoin failed to restore their customer money.