The trading volume ratio between KYC and non-KYC exchanges provides interesting insight into the market's behavior. The ratio illustrates how traders interact with regulated and unregulated platforms and how their activity affects price movement.
Bitcoin miners are taking notes, literally, from MicroStrategy's aggressive financial strategy. Riot Platforms and MARA Holdings are now following the playbook, issuing convertible notes to buy Bitcoin.
The price movement of Bitcoin close to $100,000 has drawn a lot of attention and represents a crucial technical and psychological turning point for the market. Although the milestone is remarkable, there are legitimate concerns regarding the rally's sustainability and the potential for a retracement.
The Vancouver City Council approved a motion to explore integrating Bitcoin into its financial operations. The measure, introduced by Mayor Ken Sim and passed at the December 11, 2024 Standing Committee meeting, directs staff to investigate accepting BTC for city taxes and fees and the feasibility of incorporating it into the city's financial reserves.
Peterffy wants to see more investors add bitcoin to their assets but keep their holdings to a minimum. Investors Should Add Bitcoin to Assets Billionaire founder of Interactive Brokers Group, Thomas Peterffy has advised clients to acquire some bitcoin but to keep their holdings small due to the volatility of the asset.
A Japanese lawmaker has asked the government to launch a national Bitcoin reserve, echoing similar recent calls from MPs in Argentina, Russia, and beyond. The post Japanese Lawmaker Asks Government to Create National Bitcoin Reserve appeared first on Cryptonews.
Texas lawmakers have introduced a bill to establish a state-managed Bitcoin reserve, aiming to explore the potential role of crypto in public finance. Filed on Dec. 13 by Republican Rep.
Big Tech has a great flow of cash on hand. Currency devaluation makes them lose purchasing power.
BTC now trades above $100,000, with liquidity data suggesting it could target a new high.
Bitcoin has experienced significant volatility in recent weeks, struggling to maintain its position above the $100,000 mark after breaching it last week. Despite the choppy price action, Bitcoin's long-term outlook remains robust, with key metrics pointing to continued institutional and smart money interest in the asset.
Vancouver city to investigate Bitcoin adoption for financial reserves and payments amid growing housing and affordability challenges.
In a recent report, BlackRock analysts suggested that Bitcoin should comprise 1% to 2% of traditional 60/40 investment portfolios.
Altcoins as a group outperformed bitcoin, with AVAX and LINK leading sector gains.
A policy that could allow the use of bitcoin in city financing has been enacted by the Vancouver City Council. Vancouver Votes to Get Ahead on Bitcoin Vancouver, the third-largest metropolitan area in Canada, has passed a policy that could result in the use of bitcoin in city finances.
Could 2025 be the year Bitcoin hits $200,000, crypto unicorns debut on Wall Street, and tokenized assets go mainstream? Let's understand why.
BlackRock, the world's largest asset manager, recommends clients allocate 1-2% of traditional portfolios to Bitcoin, drawing parallels between cryptocurrency investment risks and those of mega-cap tech stocks while cautioning against higher exposure.
Bitcoin Cash (BCH) pioneer and early crypto adopter Roger Ver claims the US government was attempting to subvert Bitcoin (BTC) as far back as 2011. Ver says in a new interview with Tucker Carlson that Bitcointalk.
Zeus Network has validated the first Bitcoin transaction on the Solana blockchain. On Dec. 12, Zeus Network achieved a historic milestone by successfully validating the first Bitcoin transaction on Solana using its infrastructure.
Texas Rep. Giovanni Capriglione has filed a proposal to establish a strategic Bitcoin reserve in Texas, allowing the state to accept taxes and donations in Bitcoin, enhancing fiscal stability and promoting cryptocurrency innovation. The post Texas Rep. Giovanni Capriglione Files Proposal for Strategic Bitcoin Reserve appeared first on Cryptonews.
The two founders behind a leading blockchain data firm are diving into what has fueled Bitcoin's (BTC) most recent venture past $100,000. According to Glassnode co-founders Jan Happel and Yann Allemann, inflation data sparked this week's BTC rally to over $100,000.
Nigel Green, CEO of the deVere Group, has made a bold prediction that Bitcoin could skyrocket to $150,000 by mid-2025. This comes on the heels of Bitcoin crossing the $100,000 milestone for the first time, marking a 134% increase in value year-to-date.
The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.
Argentine President Javier Milei has outlined key policy initiatives for 2025, emphasizing free currency circulation and pro-crypto regulation.
Bitcoin (BTC) surged back above the $100,000 threshold this week, fueled by speculation surrounding the Federal Reserves anticipated interest rate cuts. Renewed optimism drove Bitcoin to a session high of $101,201 on Wednesday after days of volatility, as investors reacted to favorable inflation data from the U.S. Bureau of Labor Statistics.
Bitcoin, the worlds largest cryptocurrency, continues to make waves in the financial world with its astronomical growth and sky-high forecasts. Michael Saylor, co-founder and executive chairman of MicroStrategy, recently sparked a lively debate within the crypto community with a tweet boldly proclaiming Bitcoin as better money.
BlackRock research suggests that including Bitcoin in a diversified portfolio offers similar risk to holding major technology stocks. The post BlackRock Suggests 2% Bitcoin Allocation in Diversified Portfolios appeared first on Cryptonews.
Bitcoin miners have reached a monumental milestone, raking in a cumulative $71.49 billion in revenue since the cryptocurrencys inception. According to on-chain analytics firm Glassnode, this figure, as of Dec. 5, underscores the robust economic incentives and security driving the Bitcoin network.
Bitcoin's potential for returns is undeniable, but BlackRock, the world's largest asset manager, is telling investors to pump the brakes. In its latest analysis, the company recommends keeping Bitcoin allocations to a cautious 1-2% of a portfolio.
Cryptocurrency markets are trading lower on Thursday as President-elect Donald Trump rang the bell at the New York Stock Exchange. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,666.97 -1.7% Ethereum (CRYPTO: ETH) $3,882.77 +1.8% Solana (CRYPTO: SOL) $228.16 -0.9% XRP (CRYPTO: XRP) $2.36 -3.2% Dogecoin (CRYPTO: DOGE) $0.404 -3.2% Shiba Inu (CRYPTO: SHIB) $0.00002804 -4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses falling by 11.9%.
A State Representative in Texas just introduced legislation to establish a strategic Bitcoin Reserve. This bill is part of a growing trend to introduce similar reserves in several states and internationally.
The draft legislation suggested that Texas residents could fund the Bitcoin reserve through voluntary donations.
Asset management giant BlackRock is reportedly promoting Bitcoin (BTC) as a part of a balanced portfolio.
In an interview this past fall, Riot Platforms CEO Jason Les said the company would be open to AI opportunities if the right deal came along.
BlackRock said the risk of holding a certain amount of bitcoin is comparable to the risk generated by the Magnificent Seven mega-cap tech stocks.
Australia has a superannuation system requiring employers to allocate a portion of an employee's earnings to a retirement account.
A closely followed crypto analyst believes the altcoin bull market is only just getting started as Bitcoin (BTC) may soon print new all-time highs.
Argentina's president, Javier Milei, is turning the country's battered economy on its head with straight up the boldest reform agendas in its history. After a year in office, Milei is following through on his promises to dismantle traditional systems, drastically cut taxes, and make Bitcoin a legitimate currency in Argentina by 2025.
The motion, introduced by Mayor Ken Sim, emphasizes Bitcoin's potential to preserve the city's wealth for the long term. During the council meeting, Mayor Sim argued that Bitcoin's finite supply and decentralized nature make it a reliable financial tool, especially as a hedge against inflation and the devaluation of fiat currencies.
Asset management giant BlackRock, with over $10 trillion AUM, recommends investors allocate 1% to 2% of their portfolio towards bitcoin. Plus, wallets connected to President-elect Donald Trump's World Liberty Financial project purchased millions of dollars worth of altcoins, and Vancouver wants to become a "bitcoin-friendly city.
Nano Labs Ltd (Nasdaq: NA), a Chinese fabless integrated circuit design company, has disclosed its updated Bitcoin (BTC) holdings. The announcement, made on December 12, 2024, comes as the company continues its expansion into cryptocurrency-related investments and strategic initiatives.
CoinDesk's Christine Lee breaks down a few bullish signals for bitcoin as the cryptocurrency fights to sustain its milestone $2 trillion market cap and $100,000 price level. Watch the "Chart of the Day.
Fourteen years ago, Satoshi Nakamoto, the enigmatic mind behind Bitcoin, signed off with a final post on the Bitcointalk forum. In this farewell, Nakamoto emphasized the need for continued work on the network's defenses against denial-of-service (DoS) attacks.
Texas House of Representatives introduced a Bitcoin reserve bill amid a torrent of crypto adoption chants emboldened by Donald Trump's Nov. 6 political success.
“A strategic bitcoin reserve, investing in bitcoin, would be a win-win for the state,” said Republican State Representative Giovanni Capriglione.
In a latest development, Nano Labs Ltd, a leading fabless integrated circuit design company and product solution provider in China, has recently increased its Bitcoin holdings through the licensed virtual asset exchange HashKey Exchange in Hong Kong.
BlackRock operates a massively successful Bitcoin ETF, but the asset manager still recommends being conservative with the cryptocurrency.
Digital assets displayed bullishness on Thursday as Bitcoin crossed $100,000 again, currently trading at $101,381.90. While BTC's rebound triggered significant uptrends in the altcoin space. Meanwhile, Goatseus Maximus (GOAT) and Chainlink stirred the crypto community for various reasons. Let us find out more.