Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE) and the rest of the cryptocurrency industry are set for a transformative 2025, according to research from Galaxy Research. What Happened: In a thread on X on Dec. 27, Galaxy Research forecasts notable advances in adoption, infrastructure and regulatory clarity, as well as specific advancements for different assets.
The firm, which has been generating record profits, has been trying to diversify its holdings and reinvest in emerging sectors.
TL;DR According to Ki Young Ju, CEO of CryptoQuant, Bitcoin has reached a value of over $1.03 trillion stored in wallets and exchanges, establishing itself as a powerful store of value. The Bitcoin store of value metric has increased by 85% this year, reflecting the growing interest and trust of investors in the cryptocurrency.
Solana (SOL) continues in an impressive growth, attracting significant capital and users' interest as 2024 ends and 2025 approaches. This week, for example, the Solana ecosystem had nearly half-a-billion dollar in stablecoins' inflow, while the Ethereum ecosystem lost millions.
Bitcoin (BTC), the largest cryptocurrency, fails to address its major decentralization threats: zero client diversity, poor "social layer" narrative, exodus of Bitcoin Core devs and lack of censorship-resistance. Meanwhile, Ethereum (ETH) managed to accomplished a battle-tested level of decentralization, investor and advisor Anthony Sassano says.
Considering the ongoing cycle is still in the bull phase, confidence in Ethereum about an impending significant rally to unprecedented levels has emerged within the community. ETH may have faced heightened volatility over the past few weeks, but crypto analysts contend that the altcoin's next major upswing might be on the horizon.
The chief executive of market intelligence platform CryptoQuant is warning investors that the US government's motivations for creating a Bitcoin (BTC) standard may be different from what they expect.
Nasdaq-listed business intelligence firm MicroStrategy has announced it acquired an additional 2,138 bitcoin for around $209 million, at an average price of $97.837 BTC as the company keeps accumulating the cryptocurrency.
MicroStrategy invested $209 million to acquire an additional 2,138 BTC, bringing its total holdings to 446,400 BTC, valued at $27.9 billion.
The crypto community carefully watches the blockchain space for large transactions, which reflect the current whale activity. According to Whale Alert, a blockchain sleuth that tracks down large cryptocurrency transfers, earlier today, a massive amount of Bitcoin was transferred by cryptocurrency whales.
BTC dumped below $92,000 for the first time since the end of November.
MicroStrategy Inc (NASDAQ:MSTR) extends its Bitcoin (CRYPTO: BTC) acquisition strategy, announcing on Monday its latest purchase of 2,138 BTC for approximately $209 million to bring the company's total holdings to 446,400 BTC. What Happened: MicroStrategy's Executive Chairman Michael Saylor announced the acquisition on X, having purchased the Bitcoin at an average price of $97,837 per coin.
Bitcoin (BTC) hit a record high on December 17 but has since dropped below $100,000. Key indicators, such as the ADX, alongside cautious whale activity, suggest a weakening downtrend.
Bitcoin rebounds to $92,294, facing key resistance at $94,000. Will bullish indicators drive a breakout, or could $93,400 spark further declines? The post Bitcoin on the Brink of a Major Rebound – These Key Levels Could Decide Its Fate appeared first on Cryptonews.
Bitcoin and Ethereum share a complex relationship, but right now, one is clearly gaining the upper hand.
Sellers continue their pressure on the first day of the week, according to CoinStats.
MicroStrategy also reported strong Bitcoin yield and announced plans to increase share authorization to facilitate future Bitcoin purchases. The post MicroStrategy Continues Bitcoin Buying Spree, Acquires 2,138 BTC appeared first on Cryptonews.
Ethereum's (ETH) historical returns show that the next few days are important, and it's primed to kickstart a massive uptrend. This outlook, combined with the massively bullish Cup-and-Handle setup, hints Ethereum price could hit $10,000 soon.
Tether (USDT), the leading stablecoin in the cryptocurrency market, has experienced a dramatic reduction in its circulating supply, dropping by over $1.3 billion within ten days. This sharp contraction has generated concerns about the impact on Bitcoin liquidity and broader market dynamics, especially during a period marked by regulatory scrutiny and economic uncertainties.
Bears remain more powerful than bulls at the beginning of the week, according to CoinMarketCap.
In the early hours of Monday trading, it looks like Bitcoin is going to end up being a little bit negative, and as a result it looks like the market is going to continue to see a lot of questions asked about whether or not momentum can continue, or whether
Bitcoin is stagnant, investors are softly dozing. But beware: Trump in January could very well add some spice to this lukewarm crypto soup.
MicroStrategy has bought Bitcoin for the eighth consecutive week, pushing its holdings to 446,400 BTC, worth about $41.5 billion at current market prices.
Cryptocurrencies like Ai Companions, Adventure Gold, and Acala were among the best-performing cryptocurrencies on Monday. AI Companions (AIC), which is developing a platform for virtual companionship, rose for the second consecutive day, reaching a high of $0.
TL;DR The proportion of long-term Ethereum holders increased from 59% to 75% in 2024, highlighting growing confidence compared to Bitcoin. The proportion of long-term Bitcoin holders dropped from 70% to 62%, impacted by sales during periods of market volatility and euphoria. Ethereum attracted more institutional interest, doubling net inflows into ETFs in December.
The recent dip in Bitcoin price has fueled concerns of investors over what lies ahead for the flagship crypto. Besides, it also fueled speculations over the future of the broader crypto market, especially as the top altcoins often follow BTC's performance.
Bitcoin (BTC) experienced a significant price dip, falling to a low of $92,941 per coin. The overall cryptocurrency market mirrored this downturn, shedding 1.61% in value, with Bitcoin itself losing 1.42% in the last 24 hours.
The macroeconomic environment stands to define Bitcoin's path into the new year as it enters a critical zone, with analysis cautioning “stagflation” as the driving narrative. The post Analysts Name Stagflation ‘The Theme of 2025' as Bitcoin Faces Critical Zone appeared first on Cryptonews.
MicroStrategy, the software maker turned Bitcoin development company, increased its total holding to 446,400 BTC.
Bitcoin has the potential to attract foreign investments and talent.
Hong Kong legislator Wu Jiexhuang suggested the region should start adding Bitcoin to its national reserves as a way to boost financial security.
On Monday, while bitcoin (BTC) prices hovered between $92,850 and $93,150 over the last hour, Microstrategy founder Michael Saylor took to X to share that his firm snagged 2,138 BTC for $209 million at $97,837 each.
The Binance Megadrop will distribute 588 million SOLV tokens, which is about 7% of the genesis total supply and 6.09% of the maximum token supply.
Hong Kong legislator Wu Jiezhuang has proposed integrating Bitcoin into the region's fiscal reserves to enhance financial security.
Anthony Sassano, a prominent Ethereum advocate and educator, shared his views on Dec. 30, 2024, regarding why he believes Bitcoin is less decentralized than Ethereum. In his post on social media platform X, Sassano detailed several points comparing the two blockchain networks.
Another Monday leads to another MicroStrategy purchase.
Bitcoin (BTC) might be a store of value (SoV) for over $1.03 trillion in equivalent across all exchanges and wallets. This massive sum is calculated by combined CEXes and OTC transfer indicators, CryptoQuant platform CEO Ki Young Ju says.
In the last several years, cryptocurrency cloud mining has given investors a lot to look forward to, attracting crypto lovers to this innovative way on making profits with almost no effort. With advanced and intelligent data centers, Cryptokeying has become the among cloud mining service providers, providing reliable, intelligent, and diversified computing power.
Business intelligence firm MicroStrategy has acquired an additional $209 million, according to a Monday announcement.
Donald Trump's election last month sparked a cryptocurrency rally, with bitcoin's price hitting record highs. Weeks later, the momentum of that run seems to be waning, Bloomberg News reported Monday (Dec. 30).
The crypto markets have reached the edge of the annual trade, which has historically been bullish. Meanwhile, the current market sentiments and the trade pattern suggest the Bitcoin price rally may maintain the sluggish trend until the end of the year.
MicroStrategy has announced another Bitcoin purchase, bringing its total BTC holdings to 446,400. This is the company's eighth Bitcoin acquisition in as many weeks.
MicroStrategy's aggressive Bitcoin acquisition strategy may influence corporate treasury practices, potentially increasing market volatility. The post MicroStrategy bags 2,138 Bitcoin for $209 million, boosting total holdings to 446,400 BTC appeared first on Crypto Briefing.
Bitcoin could become a reserve currency on both sides of the Atlantic. The idea is gaining momentum, although it requires stronger political support.
The race to establish national Bitcoin reserves is reshaping geopolitical strategies as nations around the world seek to position themselves as global financial leaders.
The IRS has issued new regulations that impose stringent obligations on financial brokers, including bull and bear front-end Bitcoin and DeFi.
The purchase takes MicroStrategy's total bitcoin holdings to 446,400 BTC.
Bitcoin (BTC) looks set to end 2024 below the $100,000 mark unless a major bump in price occurs before the year ends. The cryptocurrency spent most of the weekend hovering just above $95,000.