BlackRock's Bitcoin ETF now holds about 2.55% of all Bitcoin, showing that big financial companies are buying a lot of Bitcoin. This has raised concerns because many people worry that institutions like BlackRock might be going against the idea of Bitcoin being decentralized.
TL;DR Bitfinex predicts Bitcoin could surge to $200,000 by mid-2025, driven by strong institutional demand and the launch of the first-ever spot crypto ETF. Historical data suggests post-halving years, like 2025, see the strongest rallies, with the April 2024 halving setting the stage for a bullish trend.
A popular crypto analyst is outlining which altcoins he think will shine after Bitcoin's (BTC) price rally. The trader Ali Martinez tells his 99,500 followers on the social media platform X that the key to betting on altcoins is to invest capital early in projects with strong fundamentals.
The price of major cryptocurrency Bitcoin (BTC) continues its relentless march upward, updating historic highs one by one and periodically dropping latecomers and overly greedy traders with bloody multi-billion dollar avalanches of liquidations. The fact is, however, that so far the "numbers are going up.
Bitcoin's recent surge to $107K appears to have been driven by rising spot market demand and key on-chain metrics.
Bitcoin is at the center of a European lawmakers bold call to reject the ECBs digital euro and establish a strategic BTC reserve. The MP warned of inflation risks and urged the EU to embrace decentralized alternatives.
To the delight of many investors, Bitcoin (BTC 2.94%) finally breached the $100,000 mark in 2024. But as the year draws to a close, Bitcoin owners are left wondering what comes next.
Japan-listed company Metaplanet is issuing 4.5 billion yen ($30 million) worth of zero-interest bonds to expand its Bitcoin holdings. This move aligns with its strategy to accumulate the cryptocurrency as a core asset. Metaplanet's move mirrors MicroStrategy's widely recognised approach of leveraging corporate reserves to acquire Bitcoin, positioning itself as a Bitcoin-focused business in Japan.
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs recorded significant inflows on Dec. 16, signaling strong institutional interest amid a bullish outlook for the crypto market. What Happened: The total net inflow for Bitcoin spot ETFs reached $637 million, marking 13 consecutive days of positive inflows, according to data from SoSo Value.
The stark contrast between traditional real estate investments and cryptocurrency markets has come into sharp focus as Bitcoin (CRYPTO: BTC) crossed the $100,000 mark, while New York City's real estate market maintains steady but modest growth, according to recent market data. What Happened: New York City's median home prices reached $785,000 in early 2024, showing a measured recovery from the slight dip to $764,000 in 2023, according to StreetEasy data cited by the NYC Comptroller's office.
Bitcoin (BTC) smashed another all-time high late on Monday night as the world's largest cryptocurrency flew above $107,000 for the first time ever. The BTC/USD pair reached as high as $107,800 and at the time of writing, remains around the $106,800 price point.
The European Parliament's Sarah Knafo said it's time to stop “totalitarian temptations” by the European Central Bank and adopt Bitcoin.
Bitcoin options data indicates traders are not aggressively chasing new highs, showing demand for downside protection through put options.
Institutional adoption and demand from ETFs could push BTC as high as $339,000 in 2025, but the trend of diminishing returns could cap the asset's gains at $200,000.
Analytics account @spotonchain has drawn the crypto community's attention to two mammoth-sized Bitcoin transfers that have taken place over the last 24 hours, right after the world's flagship cryptocurrency BTC soared to a new historic peak above $107,000.
Bitcoin's surge to a record high of over $107,000 has boosted the US government's efforts to reimburse victims of a business email compromise (BEC) scheme. On Dec. 16, the US Department of Justice (DOJ) announced the recovery of 32.68 BTC, valued at over $3.5 million, stolen in a December 2023 cyber fraud case.
Does MicroStrategy know something we don't?
The upward price pressure on Bitcoin seems relentless as $BTC achieves yet another all-time high at $107,800. MicroStrategy buys another $1.5 billion worth of Bitcoin, and the U.S. Spot Bitcoin ETFs also buy big.
Bitcoin (BTC) reached a new ATH of $107,700 in the 2nd week of December. The current rally is giving bullish vibes for early 2025. The Fear and Greed Index has reached 87, indicating significant investor interest. The worldwide crypto market cap is $3.72 trillion, up 1%, with trading volumes up 34% to $211 billion.
Despite these massive movements, Bitcoin has shown impressive resilience, with prices remaining remarkably steady above $107,000.
Bitget, a South Africa-based cryptocurrency exchange, has recently announced that it received a Bitcoin Service Provider (BSP) license in El Salvador, opening the doors to start operating locally.
Crypto exchange Bitget secures authorization to provide Bitcoin-related services in El Salvador, marking a significant step in its expansion into Latin America's growing crypto market.
The Asian MicroStrategy, Metaplanet Inc., has announced the issuing of the fourth series of ordinary bonds worth 4.5 billion yen. They are valued at approximately $30 million, and like its other issuances, this fund will be directed toward purchasing more Bitcoin (BTC).
Bitcoin's (BTC) price hit another milestone on Tuesday, touching historic peaks above $107,000. While the Fear and Greed Index reads “Extreme Greed,” Ripple's XRP and Algorand (ALGO) attracted the attention of altcoin enthusiasts. Bitcoin breaks ATH records The leading crypto by market cap stirred the markets today after hitting the $107,780 all-time high.
The US spot Bitcoin ETFs registered a net cash inflow of over $636 million on Monday amid a notable decline in BTC supply on centralized exchanges.
Bitcoin prices are going above $1,000,000 USD. But that isn't a good thing.
On-chain data shows the Bitcoin long-term holders are selling. Here's whether the current level of selloff is enough for a price top or not.
Bitcoin surged to an all-time high of $107,780 and is currently trading at $106,618. Mt. Gox moved 1,620 BTC ($172M), raising speculation over potential sell-offs.
A move from the U.S. Federal Reserve to cut interest rates stands to bolster recent 'Bitcoin Santa Rally' sentiment, eyeing $160K as global monetary policies ease. The post Analysts Eye $160K Bitcoin as Global Monetary Policies Ease: Could a ‘Santa Rally' be the Trigger? appeared first on Cryptonews.
XRP's surge came after Ripple announced today's stablecoin launch.
Michael Saylor, Chairman of MicroStrategy and prominent Bitcoin advocate, has proposed a controversial strategy to tackle the United States' soaring $36 trillion national debt. Speaking in a recent interview, Saylor positioned Bitcoin as a transformative asset that could provide long-term financial security for the nation, much like Manhattan's historical economic growth.
The latest Alpha Market Report from Bitfinex talks about volatility but also about new ATH.
Should countries create national Bitcoin reserves in 2025? What are the benefits of Bitcoin adoption for nations?
Metaplanet is doubling down on Bitcoin as it announces a 4.5 billion yen bond issuance to accelerate its crypto expansion plans.
Bitcoin (BTC) surged past $107,000, reaching a new all-time high of $107,780 after President-elect Donald Trump reiterated his plans to create a US Bitcoin strategic reserve similar to the country's strategic oil reserves. BTC is up 2.42% over the past 24 hours and 10% over the past week as its post-election rally continues.
Bitcoin has achieved a new all-time high above $107,000, driven by strong institutional demand through ETF inflows and whale accumulation, while technical indicators and market metrics support the current price levels.
Tokyo-listed company Metaplanet has announced its plans to issue 4.5 billion yen (approximately $30 million) worth of ordinary bonds to accelerate its Bitcoin purchases. This move is part of Metaplanet's broader strategy, which mirrors MicroStrategy's approach of accumulating Bitcoin as a key asset.
Japanese tech company Metaplanet has raised 4.5 billion yen through zero-interest bonds to fund Bitcoin purchases, while its stock price has surged 4,000% to all-time highs, pushing its market cap past $1 billion.
In an address to the Bundestag on December 16, Christian Lindner (Free Democratic Party – FDP), the former Finance Minister of Germany, delivered a scathing critique of the current government's stance on Bitcoin and broader crypto regulation.
A person who bought Bitcoin at the start of this year may have seen a growth of at least 152.1% in its value. It's impressive, isn't it? Recently, Bitcoin achieved a crucial milestone of $100K. Currently, the market shows an extremely bullish outlook.
Growing institutional confidence is indicated by Bitcoin's record-breaking gain and consistent ETF inflows. According to statistics from SoSoValue, Bitcoin (BTC) spot ETFs showed a net inflow of $637 million on Dec.
Traders have drawn attention to Bitcoin as the star token leads the markets towards new highs. With a new ATH at $107,000, the global market capitalisation surges above $3.74 trillion, signalling the possibility of reaching $4 trillion in the next few months.
Metaplanet, popular as Japan's MicroStrategy, has raised an additional 4.5 billion Japanese Yen through the issuance of ordinary bonds to fund the company's additional Bitcoin buying. The bonds, which will carry no interest, were issued to EVO FUND and have a maturity date of June 16, 2025.
Major corporations are increasingly considering Bitcoin as a reserve asset to hedge against inflation and economic instability, following the lead of pioneers like MicroStrategy.
The now-defunct crypto exchange Mt. Gox moved $172.54 million worth of Bitcoin to an unknown wallet as the market continues to gain momentum. The post Mt. Gox Transfers $172M Bitcoin as Market Hits ATH appeared first on Cryptonews.
Michael Saylor and Fred Thiel exchange public messages on X.
Bitcoin price has continued to make new records every day, indicating a strong market confidence towards the asset. Notably, this rally comes amid soaring institutional interest and whale accumulation, which suggests that the demand for BTC remains strong despite the recent rally.