A significant event in the cryptocurrency market has emerged as a whale deposited a substantial $28.5 million worth of Wrapped Bitcoin (WBTC) to Binance on January 9, 2025. The sale, which involved 300 WBTC, resulted in an impressive profit of nearly $10 million for the trader.

Legislators in North Dakota will weigh whether to diversify its assets with crypto and precious metals, following other state Bitcoin proposals.

Nubit launches Goldinals, a unified token protocol for every Bitcoin native asset, as well as Meta Protocols.

A double-bottom reversal of a bullish chart pattern that might result in a significant price rebound is what Shiba Inu is indicating is possible. SHIB's price is testing important levels close to the 200 EMA, a crucial long-term support at its current price of $0.00002164, which supports the idea of a potential recovery.

Bitcoin's network has seen a noticeable shift in its computational capacity, shedding around 44 exahash per second (EH/s) in the past four days. Tough Terrain for Bitcoin Miners The network's hashrate, which reached a peak of 824 EH/s, has now settled at 780 EH/s, based on the seven-day simple moving average (SMA).

Policymakers in Germany are actively considering strategies to integrate Bitcoin (BTC) into the nation's financial framework. The recent Blockchain Roundtable held in the German Parliament brought out some of the key proposals for realizing this objective.

North Dakota lawmakers introduced a House Concurrent Resolution (HCR) on Jan. 7, encouraging the State Treasurer and the State Investment Board to include digital assets and precious metals in the state treasury's portfolio to hedge against inflation. Six Representatives and two Senators sponsor the HCR3001, all Republican: Rep.

Several U.S. lawmakers have revealed their investment in cryptocurrencies, revealing that more and more politicians are involved in the crypto market. Some of them include Rep.Guy Reschenthaler (R-Pa.

MicroStrategy plans to boost its Bitcoin treasury by proposing a significant increase in authorized shares, with shareholders set to vote on January 21, 2024.

Just seven days after Satoshi launched the Bitcoin network on January 3, 2009, Hal Finney, the first person to ever receive a bitcoin payment, announced to the world that he too had fired up a Bitcoin node.

The Nasdaq-listed Heritage Distilling said it is planning to hold Bitcoin in its treasury, following the example of MicroStrategy and others.

Genius Group has made another strategic fund allocation to Bitcoin, with total stack now hitting 373 BTC.

The Russian government has started selling part of the 1,032 bitcoins seized from former investigator Marat Tambiev, convicted of taking bribes.

"Due to its verifiable fixed supply, Bitcoin is the most inflation-resistant store of value available," the proposal read.

The Bitcoin Act's passage could eventually send BTC's price past $1 million per coin, industry executives say.

Two days ago on Jan. 8, spot bitcoin exchange-traded funds (ETFs) and their ether equivalents faced significant outflows, yet the group has amassed a staggering $118.56 billion in bitcoin (BTC) and ether (ETH) holdings since their debut on U.S. stock exchanges. From 5.5 Months to 1 Year: Crypto ETFs Reshape Investment Trends With $118.

A Welsh court has rejected the legal bid of James Howells, an IT engineer from Newport, who sought to recover a hard drive filled with 8,000 Bitcoin lost in a landfill in 2013. The Bitcoin on the hard drive is now worth over $770 million, making the case one of the most remarkable in the history of digital assets.

Bitcoin's rising hashrate showcases expanding miner activity, improved technology, and growing institutional interest. With insights from CleanSpark, Riot, and experts, explore how profitability and transparency in the mining industry are shaping the future of Bitcoin's network security and adoption. The post Increasing Bitcoin Hashrate Indicates Confidence in BTC Value appeared first on Cryptonews.

Bitcoin, the largest cryptocurrency by market capitalization, recently hit a significant achievement of having thirteen successive green hourly candles, according to Vetle Lunde of K33 Research. This is the longest green candle period since the start of the year 2017 signifying renewed interest in the digital asset.

A new bill introduced by New Hampshire Representative Keith Ammon could authorize the state treasury to hold Bitcoin and precious metals as reserve assets. The proposed legislation would permit the state to store Bitcoin alongside traditional assets such as gold, silver, and platinum, making New Hampshire one of the first U.S. states to formally consider

Meta is urged by advocacy group to consider Bitcoin corporate treasury, highlighting its potential as an inflation hedge. The post Meta urged to consider Bitcoin Treasury shareholder proposal appeared first on Crypto Briefing.

If I were a THORChain creditor, I'd withdraw my bitcoin collateral ASAP.

On-chain metrics suggest Bitcoin (BTC) could be headed for sideways movement or more correction amid weakening buying pressure, according to the crypto analytics firm Glassnode. Glassnode says on the social media platform X that BTC's short-term demand momentum has dwindled. “One key indicator: Hot Capital (capital revived over the last 7 days) has plunged 66.

Babylon Labs and Fiamma, a Lightspeed Faction-backed platform focused on unlocking real-world assets on Bitcoin, are teaming up to advance a BTC-secured decentralized world.

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.

A widely followed crypto analyst says that there's a high chance that Bitcoin (BTC) reverses course after its latest pullback. In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 529,900 followers on the social media platform X that based on historical precedence, the crypto king should mount a recovery.

Rep. Guy Reschenthaler (R-Pa) recently disclosed various cryptocurrency purchases.

Spot Bitcoin ETF products got the green light to trade precisely a year ago after about a decade of waiting on the United States Securities and Exchange Commission (SEC). At the time, 11 different asset managers received approval to launch the product.

Bitcoin miners' involvement in the cryptocurrency network has recently seen a sharp decline, as on-chain data shows the miner volume share has dropped significantly. This trend is raising questions about what it means for the future of Bitcoin and the broader cryptocurrency market.

Cryptocurrency markets are trading higher on Friday after experiencing significant volatility throughout the day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,777 +3.3% Ethereum (CRYPTO: ETH) $3,266 +2.5% Solana (CRYPTO: SOL) $188.06 +2.3% XRP (CRYPTO: XRP) $2.36 +3.4% Dogecoin (CRYPTO: DOGE) $0.3323 +4.7% Shiba Inu (CRYPTO: SHIB) $0.00002151 +2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.2% and daily active addresses falling by 0.02%.

It's been one year since US Bitcoin exchange-traded funds (ETFs) hit Wall Street. They cannonballed in and broke records that are impossible to ignore.

The US Department of Justice (DOJ) has secured final approval in the Northern District Court of California to auction off roughly $6.5 billion worth of Bitcoin seized from the infamous Silk Road dark web marketplace. The ruling marks a decisive end to a complex four-year legal dispute over the ownership of this BTC haul.

Nasdaq-listed Heritage Distilling Holding Company has announced a new Bitcoin Treasury Policy Statement. The announcement outlines plans to accept Bitcoin (BTC) as payment and hold it as a strategic asset.

Bitcoin experienced significant selling pressure after successfully breaking above the $100K mark, a psychological milestone that had investors buzzing with optimism. However, the celebration was short-lived as BTC failed to hold this critical level, dropping as low as $92,500 in less than three days.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, David Foley of the Bitcoin Opportunity Fund discusses the recent pressure on bitcoin as investors turn away from the postelection rally and focus on the economy.

Bitcoin whales, and increase in speculative appetite and other macroeconomic factors are playing a role in keeping BTC price above $90,000.

Despite predictions of 160,000, the actual rise in nonfarm payroll employment in December was 256,000. The US 10-year and 30-year bond rates reached their highest levels since November 2023.

The latest $5 million purchase of bitcoin has boosted Genius Group's “bitcoin first” strategy with the company on track to reach its $120 million goal.

A British judge has rejected a Welsh IT worker's bid to search a landfill for a discarded hard drive containing Bitcoin (BTC) worth over $600 million, ending a 12-year quest to recover the lost cryptocurrency.

The employment market in the U.S. picked up steam in December, with 256,000 jobs added last month, according to the Bureau of Labor Statistics. Plus, insights into a head-and-shoulders bearish reversal pattern that could send bitcoin prices back to the mid-$70Ks.

New Hampshire Rep. Keith Ammon proposed a bill to enable a Bitcoin treasury reserve, which he framed as a matter of state sovereignty.

Four U.S. spot Bitcoin exchange-traded funds are now ranked among the top 20 best ETF launches in history, as the crypto industry marks one year since the U.S. Securities and Exchange Commission approved the first spot Bitcoin ETFs.

The co-founders of the blockchain analysis platform Glassnode are warning that Bitcoin (BTC) may have a sudden pullback even as it continues to hold a critical range as support.

These ETFs set the stage for how bullish 2024 was to become.

The upcoming US presidential inauguration could be a positive catalyst, the asset manager said.

Bitcoin's bounce above $94,000 suggests that the bulls remain buyers on dips, increasing the possibility of a retest of $100,000.

Heritage Distilling, a Nasdaq-listed craft distillery, has announced that its board of directors has made a decision to start holding Bitcoin as a strategic asset.