When the Russian Central Bank announced it wouldn't touch its 21% interest rate, it caught many off guard. People expected a hike—maybe to 22%, maybe even higher. But nope. They stuck to their guns.
I'm in favor of BIP 21Q – it's a clever way to resolve known problems with Bitcoin denominations.
Bitcoin (BTC) has flipped a major milestone: $100,000. BTC, after crossing this price threshold on 5th December 2024, made 14,211 new millionaires as well as 4 new billionaires.
MicroStrategy (NASDAQ:MSTR), known for its aggressive Bitcoin (CRYPTO: BTC) acquisition strategy, may temporarily pause its purchases in January due to an alleged blackout period. What Happened: Speculation about the potential halt stems from claims that the company could suspend issuing convertible debt or conducting “at-the-market” (ATM) share sales to fund Bitcoin buys, Protos reported.
Bitcoin, Ethereum, Solana, and XRP are down bad, but Dogecoin is the biggest loser by far in the top 10 coins with a 19% daily dump.
Historically, the fourth quarter is the bitcoin's best; this year it's underperforming.
TL;DR OKX has launched the Ordinals Launchpad, simplifying the process of inscribing and trading Bitcoin-based collections, and empowering creators. The platform features “SelfScribe” technology for direct on-chain inscription, multi-marketplace integration, and competitive creator fees.
Cathie Wood, the influential fund manager and founder of ARK Investment Management, has once again shocked the financial world with her bold forecast about Bitcoin's future. She claims that the cryptocurrency could surpass one million dollars by 2030.
Altcoins have felt the sting, too. Ethereum was down 16% over a 24-hour period at one point, with XRP plunging 18% and Dogecoin 26%.
MicroStrategy imitator Metaplanet has raised a fresh $61 million to buy more Bitcoin.
Bitcoin's price retracement from its new all-time high of $108,353 on Tuesday to around $96,000 (a -11.5% pullback) has ignited intense speculation about whether the current bull cycle is nearing its peak. To address growing uncertainty, Rafael Schultze-Kraft, co-founder of on-chain analytics provider Glassnode, released a thread on X detailing 18 on-chain metrics and models.
Bitcoin price dropped 14% from its December 17 high of $108,353. This double-digit crash is the third liquidation event in December that wiped more than $1 billion worth of position.
Bitcoin price has nosedived and entered a technical correction a few days after it surged to a record high.
Bitcoin spot ETFs experienced a record-breaking single-day net outflow of $680 million on Thursday, marking the highest outflow in history. The post Bitcoin Spot ETFs See Outflows of $680M as Crypto Market Dips appeared first on Cryptonews.
The Federal Reserve has turned into its own worst enemy, and Bitcoin is caught in the storm. Imagine a pilot, mid-flight, deciding to wing it with no clear destination.
Explore key Bitcoin metrics like the Puell Multiple and MVRV Z-Score to understand this cycle's progress, anticipate price peaks, and prepare for Bitcoin's potential path toward $200K.
Explore key Bitcoin metrics like the Puell Multiple and MVRV Z-Score to understand this cycle's progress, anticipate price peaks, and prepare for Bitcoin's potential path toward $200K.
Bitcoin is currently down by more than six percent and is trading slightly above the $95k levels at the time of writing. The next major support is around $91,000 to $92,000. The Federal Reserve recently cut interest rates by 0.25% (25 basis points), which was expected and already priced in by the market.
BPCE's crypto services launch could enhance France's position as a leader in EU digital asset regulation, influencing broader financial markets. The post French banking giant to debut Bitcoin and crypto investment services for customers in 2025 appeared first on Crypto Briefing.
TL;DR Bitcoin ETFs experienced their largest single-day outflows of the year, with investors withdrawing $671.9 million, coinciding with Bitcoin's price falling below $100,000. Over $1 billion in liquidations occurred within 24 hours, with the bulk from long positions, as Bitcoin's price dropped to $94,073, reflecting an 8.43% decline.
For the first time in many weeks, trading on Friday, December 20, raised the question of whether Bitcoin (BTC) will continue soaring like Led Zeppelin or if it will fall like a ‘lead zeppelin.'
After multiple delayed reviews, the United States Securities and Exchange Commission (SEC) has finally given its regulatory greenlight the first spot exchange-traded funds tracking both Bitcoin and Ethereum.
US spot Bitcoin exchange-traded funds (ETFs) saw their largest-ever single-day outflow on Thursday amid a devastating crypto market bloodbath, with Bitcoin and other major digital coins shedding a chunk of their recent gains as the market continues a correction that began on Wednesday following the FOMC meeting.
Bitcoin (BTC) tumbled from a high of $108,135 on December 17 to $99,500, following US Federal Reserve (Fed) Chair Jerome Powell's hawkish remarks yesterday. However, some crypto analysts are pinning their hopes on a potential decline in Bitcoin Dominance (BTC.D) that may pave the way for an altseason.
Bitcoin experienced a sharp sell-off on Friday, plummeting 9% as broader investor caution towards risk assets took hold. The cryptocurrency's dramatic reversal highlights the sensitivity of digital assets to macroeconomic signals and market sentiment, amidst a broader atmosphere of unease across various asset classes. Bitcoin traded at approximately $92,808.07 by 6:57 a.m.
Bitcoin drops below $100,000 amid market-wide sell-off. Mining giants MARA and Hut 8 expand reserves as El Salvador adapts IMF-driven Bitcoin policies. The post Bitcoin Crash Sends BTC Below $100,000 – Here's How Far It Could Drop Next appeared first on Cryptonews.
“Investors are likely to start taking profits due to the uncertainty caused by the Fed's policy," an analyst predicted.
Cathie Wood predicts a surge in M&A activity under Trump's administration, driven by deregulation and reduced FTC barriers.
The crypto market recorded volatile trading this week, following a robust rally over the past few months. Bitcoin (BTC) and top altcoins like Solana (SOL), XRP, Dogecoin (DOGE), and others have recorded significant gains this year.
The crypto market continues to face a sharp downturn, shedding around 10% in the past 24 hours after the Federal Reserve's latest policy update. Bitcoin's price plunged nearly 10%, hitting a low of $93,000.
The start of the week displayed the possibility of a pre-Christmas rally but as the trade proceeded, the bears gained huge strength. The Bitcoin price, which had broken above the bullish pattern, has plunged and reached lower support.
Bitcoin Plunges to $93K, Dogecoin Down 27% as Crypto Bloodbath Goes On
Bitcoin has continued its downward spiral as prices crashed to $93,000 early Friday. At one point, it even dipped to $92,808.07, a brutal 9% fall within 24 hours, per CoinGecko data.
Bitcoin (BTC) plunged over 9% on Friday to a 24-hour low of $92,118 at 6:30 a.m. Eastern Time. Bitcoin's Sharp Decline Leads $1.4 Billion in Derivatives Liquidations This crash marks one of the most dramatic dips for the cryptocurrency this month. The wider crypto scene didn't fare much better, shrinking by 11.
A closely followed crypto analyst says that Bitcoin (BTC) remains in a bullish trend and could explode by more than 400% despite dipping below $100,000 this week.
Bitcoin (CRYPTO: BTC) on Friday plummeted approximately 10% to a preliminary low of $92,250, influenced by the Federal Reserve's recent “hawkish” 0.25% rate cut and a combination of profit-taking and technical market forces, according to industry experts. Ethereum (CRYPTO: ETH) has followed Bitcoin down, falling 16% to $3,115.
“This is a game-changer for me,” said Tagoa'i. “By taking part of my NIL earnings in Bitcoin, I'm setting myself up for long-term financial growth.
Blackrock's recently posted video explaining the basics of bitcoin to investors has raised questions about the staying power of the so-called hard cap issuance limit. In the video, Blackrock explains that there is “no guarantee” that the 21 million supply cap will not be changed, opening a debate on the ossification of the top cryptocurrency.
TL;DR Social media mentions of “buying the dip” have surged to an eight-month high as Bitcoin's price fell below $100,000, triggering widespread discussions among investors. Bitcoin's price dropped to $95,500, prompting a surge in social media activity, with the social dominance score hitting its highest level since April.
Bitcoin's drop of around 10% in the last 24 hours was dwarfed by ethereum and smaller, top ten cryptocurrencies that crashed back by between 15% and 25%
Bitcoin fell sharply on Friday amid broader caution in risk assets.
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El Salvador has ramped up its Bitcoin buying a day after agreeing to an International Monetary Fund deal that required scaling back its government-led crypto activities. On Dec.
The funds will hold bitcoin and ether on a market cap-weighted basis. Other cryptocurrencies could be added pending regulatory approval.
A sea of red has continued in the cryptocurrency industry, with Bitcoin tumbling to $95,000, a few days after it hit a record high. This crash happened after the Federal Reserve delivered a highly hawkish interest rate decision.
Bitcoin is down and has failed to find crucial support over the last three days. Crashing under $100,000, BTC price is heading for a potential drop to $90K. But is it the best buying opportunity for a bullish year ahead?
Australian computer scientist Craig Wright, who has falsely claimed to be bitcoin's pseudonymous creator Satoshi Nakamoto, has been sentenced to one year in prison, suspended for two years, by the UK High Court. The sentence followed his breach of an anti-suit injunction that prohibited him from pursuing legal actions against bitcoin developers.
As 2025 approaches, Bitcoin (CRYPTO: BTC) finds itself navigating a shifting macroeconomic landscape, with fading tailwinds raising concerns about sustained momentum, according to a report. What Happened: The Federal Reserve's hawkish stance, coupled with broader macroeconomic headwinds, suggests a year of heightened caution for traders and investors, 10x Research report on Friday stated.