In March 2023, Binance's share of the stablecoin market cap stood at just 4%. Now, it has grown to as high as 16.8%. Some believe that Binance's stablecoin inflow played a crucial role in Bitcoin's rally to the milestone of $100K. Let's examine the scenario for better clarity.
Bitcoin's price is on the verge of decisively breaking out from the $100K resistance level as investors are getting ready for a potential rally higher.
While Bitcoin has begun to display strength, spot ETF inflows have swelled, with $428.98 million recorded last trading day and $393 million since the start of the day's trade.
MicroStrategy (MSTR.O) will join the Nasdaq-100 Index on December 23, following a sixfold surge in its stock this year, driven by its aggressive Bitcoin investments. Inclusion is expected to boost the stock as ETFs tied to the index purchase shares.
Recently the sentencing of Bitcoin investor Frank Richard Ahlgren III has sparked a critical conversation about the importance of reporting cryptocurrency gains honestly. Ahlgren, who failed to accurately report $4 million in Bitcoin sales between 2017 and 2019, was sentenced to two years in prison and ordered to pay over $1 million in restitution.
The cryptocurrency market has added 1.49% to its valuation in 24 hours with a trading volume of $168.88 billion, a change of -15.21%. With this, the crypto space is currently valued at $3.65 Trillion. Following this, the Bitcoin price reclaimed the $101,000 mark.
SEC turmoil raises stakes for Ripple and XRP as Crenshaw's renomination hangs in the balance. Will a pro-crypto agenda reshape regulatory policies?
The cryptocurrency market is bracing for a major event today, as a massive $4.26 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire. This significant expiration of options contracts could trigger increased volatility in the market, as traders and investors prepare for the aftermath.
Bitcoin analysts have flagged a selling point for crypto holders in this cycle to avoid widespread losses. The bull swing continues to gain momentum, with experts tipping more gains ahead of Donald Trump's second term.
While Bitcoin (BTC) fluctuates around the critical $100,000 price level, some investors may seek the ideal opportunity to take profits and exit the market. In this context, a CryptoQuant analysis highlights a key BTC metric that can serve as a valuable tool for crafting an exit strategy.
Bitcoin made waves in 2024, marking a milestone year with the approval of BTC ETFs in the US and internationally, paving the way for institutional investors. This surge in interest saw crypto products surpass $35 billion in net inflows since January, underscoring Bitcoin's growing appeal and dominance in the financial world.
Nasdaq has revealed that Michael Saylor's MicroStrategy firm will be included in the Nasdaq-100 Index.
MicroStrategy, the well-known business intelligence firm linked with massive Bitcoin investments, is making headlines once again. The company, led by Michael Saylor, is set to join the prestigious Nasdaq-100 index, which includes big names like Apple, Microsoft, and Tesla. This has created excitement among investors and could push Bitcoin to new ATH soon.
Argentina to allow Bitcoin as legal currency in 2025, boosting crypto adoption. Learn how tax reforms and $50B in ETF inflows could drive BTC prices higher. The post Bitcoin Price Boost? Argentina's President Paves the Way for BTC Payments in 2025 appeared first on Cryptonews.
Japanese lawmaker Satoshi Hamada has proposed creating a national Bitcoin reserve.
A crypto analyst warns that Bitcoin's price could face volatility if the highly anticipated United States Bitcoin Strategic Reserve bill gets passed.
Data shows that the indicators related to the Bitcoin derivatives market have recently been heating up, which could lead to more volatility in BTC's price. Bitcoin Open Interest & Leverage Ratio Have Shot Up As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Bitcoin Open Interest has registered a sharp increase alongside the asset's return above the $100,000 level.
Glassnode, a leading on-chain analytics firm, has revealed significant insights into Bitcoin's transactional data, shedding light on how much of the cryptocurrency's total transaction volume reflects genuine market activity. The firm's recent weekly report, which examines key metrics as Bitcoin continues to maintain a $100,000 price point, delves into both the “Transfer Volume” and the “Entity-Adjusted Transfer Volume” to determine the amount of truly meaningful Bitcoin transactions.
The crypto market looks bullish as Bitcoin (BTC) started trading above $102,000. Major altcoins are trading with 2% to 5% gains in the last 24 hours.
VanEck Crypto Predictions report says Bitcoin will reach $180,000 and Ethereum will surpass $6,000 by 2025, with a crypto market peak expected in Q1 and Q4 of the year.
Bitcoin (BTC) has been making waves in the financial world for the past decade, showing incredible growth that few other investments can match. With a staggering 26,931.1% increase over the last 10 years, Bitcoin has outperformed traditional assets like stocks, gold, and bonds.
What lessons can we learn from Saylor's long-term investment approach?
Bitcoin (BTC) has recently surged above $100,000, marking a significant milestone in its recovery from earlier dips. This price surge comes amid increasing interest from large-scale investors, or “whales,” who have been accumulating Bitcoin in substantial quantities.
Microstrategy's bitcoin-focused strategy has ignited a staggering 500% stock surge, with projections of bitcoin hitting $13 million, solidifying its dominance in high-stakes investing. 500% Stock Gains, $13M Bitcoin Projection: Microstrategy's Wild Ride Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor shared a chart illustrating the performance of Microstrategy's stock against other major investments on Thursday.
Bitcoin advocates MicroStrategy is now part of Nasdaq 100, joining Apple, Tesla, and others in a milestone in crypto's journey into the mainstream.
, the preferred high beta play on the price of bitcoin, will join the Nasdaq 100 index, a move that could further increase demand for the controversial stock that has been on a torrid run this year alongside the price of the cryptocurrency.
A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week's market dip.
Bitcoin's price recently surged above the $100,000 mark, reaching new heights as it surpassed this significant psychological level. This price spike has led many to wonder what factors have contributed to such a remarkable surge.
An early bitcoin investor was sentenced to two years in prison for evading taxes on $3.7 million in cryptocurrency gains, using mixers and secret wallets.
Dan Morehead, founder and managing partner of Pantera Capital Management, has reiterated his bullish stance on Bitcoin, predicting that the pioneering cryptocurrency could eventually command a $15 trillion market cap.
A Texas resident, Frank Richard Ahlgren III, received a two-year prison sentence for filing false tax returns.
Bitcoin's historic rally last week didn't happen in isolation—it came amid a surge of retail investors, Ethereum ETF inflows, and more. This editorial is from last week's edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it's finished.
Analyst highlights $100K as a crucial buy zone in anticipation of BTC's move to $145,000 and beyond.
Just a few years ago, Bitcoin (BTC 0.89%) reaching $100,000 seemed like a long shot -- but it happened. And now, the next potential target investors have their eyes on is $200,000.
VanEck forecasts explosive growth for Bitcoin, Ethereum, and Solana, with prices reaching $180K, $6K+, and $500+ by 2025. Adoption, staking innovations, and DeFi advancements lead the charge.
VanEck forecasts a bullish 2025 for cryptocurrencies, predicting Bitcoin could reach $180,000 and Ethereum over $6,000, driven by market peaks, U.S. strategic reserves, and increased institutional demand for digital assets. The post VanEck Predicts $180K Bitcoin, US Strategic Reserve, and Bank Custody by 2025 appeared first on Cryptonews.
Japanese lawmaker Satoshi Hamada has called on the government to explore the possibility of integrating Bitcoin (BTC) into its foreign exchange reserves, emphasizing its potential as a strategic asset amid growing global interest in crypto adoption. During a Dec. 11 parliamentary session, Yamada posed questions about Japan's approach to crypto reserves.
As national Bitcoin reserve plans gain traction, House of Councillors member Satoshi Hamada is urging consideration in Japan.
A massive $19.8 billion Bitcoin options expiry takes place on Dec. 27. Are bulls or bears better positioned?
The report notes bitcoin's integration into diversified portfolios with a recommendation to allocate 1.55% for optimal diversification and portfolio stability. Bitcoin 2025 Target: $160,000 Matrixport, an all-in-one hub for crypto financial services in Asia has predicted bitcoin to hit $160,000 in 2025. This is according to its bitcoin 2025 target report released on Friday, Dec.
Bitcoin mining and tech firm Cleanspark has announced its intention to raise $550 million in Convertible Senior Notes offering. As the firm revealed, it is pricing the notes at 0% and will only make it available to qualified investors.
Bitcoin has remained range-bound between $99,000 and $102,000 since breaking above the psychological $100,000 level. While the breakout initially sparked excitement among investors, the current price action reflects market indecision, with no clear direction for the weeks ahead.
Bitcoin (BTC) remains on an upward trajectory, supported by strong buying activity.
VanEck, an asset management firm, has projected that Bitcoin, Ethereum, and Solana will reach new all-time highs (ATH) in 2025. The firm's December 13 report outlined key market trends and predicted a cryptocurrency bull cycle peaking in the first quarter of the year, followed by corrections and a recovery to historic highs in the fourth
Cryptocurrency markets are trading higher on Friday as the stock market continues to have a bullish outlook for 2025. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $101,697.15 +2.2% Ethereum (CRYPTO: ETH) $3,931.03 +1.6% Solana (CRYPTO: SOL) $224.50 -1.5% XRP (CRYPTO: XRP) $2.43 +3% Dogecoin (CRYPTO: DOGE) $0.4063 +0.4% Shiba Inu (CRYPTO: SHIB) $0.00002846 +1.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 13.1% and daily active addresses growing by 3.8%.
A widely followed crypto analyst says that Bitcoin's (BTC) still has upward momentum while updating his outlook on payments network Stellar (XLM).
Investment firm VanEck anticipates a bullish cryptocurrency market in 2025, projecting Bitcoin to peak at $180,000, Ethereum to surpass $6,000, and Solana to climb beyond $500.