Unexpectedly strong labour market data has sparked a bearish response in crypto markets, with Bitcoin (CRYPTO: BTC) teetering around the $94,000 mark. What Happened: Data published on Friday shows the U.S. added 256,000 parolls in December, sending bond yields soaring and knocking Bitcoin off its morning recovery.
A new bill by Rep. Keith Ammon would let New Hampshire's treasury hold Bitcoin as a reserve asset.
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Bitcoin's price fluctuates between $93,607 and $94,026 over the past hour, reflecting a market capitalization of $1.86 trillion. With a 24-hour trading volume of $63.28 billion and an intraday range spanning $91,215 to $95,098, bitcoin finds itself at a pivotal juncture.
Genius Group Limited has increased its Bitcoin Treasury to $35 million. This purchase surpassed its milestone ahead of schedule in its ongoing effort to amass $120 million in Bitcoin holdings, according to a company release.
CryptoQuant analyst highlights Bitcoins indicator dip as an accumulation opportunity, with long-term cycle metrics suggesting continued growth. The post CryptoQuant analyst signals Bitcoin's dip as a prime accumulation opportunity appeared first on Crypto Briefing.
Bitcoin, the largest digital asset, has faced significant volatility in the last few days, dropping close to the $91,500 price level. Following its recent notable decline in price, bullish sentiment seems to be fading among investors and traders as the flagship asset faces significant capital outflows.
CleanSpark, a leading U.S.-based Bitcoin mining company, has achieved a significant milestone, now holding over 10,000 BTC in its treasury, reflecting a 236% increase year-over-year.
The crypto market saw another eventful week with significant predictions and warnings for 2025. Arthur Hayes outlined the market's trajectory for Q1 2025, while Robert Kiyosaki warned of a looming Bitcoin crash.
Bitcoin has faced significant price fluctuations in recent months, but according to veteran Wall Street investor Raoul Pal, the cryptocurrency could be set for a major recovery. Pal suggests that Bitcoin's price may soon rise as the global money supply—specifically the M2 money supply—begins to expand again.
The Bitcoin market rallied a bit in the early part of Friday, as we continue to see the area around the $90,000 level offer significant support. As this is the case, the market is one that is still in consolidation.
Babylon, developer of the largest BTC staking protocol, is teaming up with Bitcoin developers Fiamma to build a trust-minimized bridge using BitVM2
Bitcoin (CRYPTO: BTC) continues to struggle between $90,000 and $100,000, but prominent analysts and traders remain upbeat about its prospects in the first quarter of 2025. What Happened: Veteran crypto trader and Asymmetric Fund CEO Joe McCann shared his “tactical short-term bearish” outlook for the cryptocurrency market in an appearance on the Blockworks macro podcast on Jan. 9.
Bitcoin price is chasing $95,000 after showing modest gains today as several onchain BTC metrics are hinting at signs of a potential bottom.
TL;DR Over $2.27 billion in Bitcoin and Ethereum options are set to expire today, potentially triggering short-term volatility. The put-to-call ratios for BTC (0.65) and ETH (0.48) indicate a mostly optimistic sentiment in the market. Short-term speculative demand has dropped by 66.7%, which could increase price pressure.
Bitcoin market retreat to $92.5K as strong US jobs data reverses gains, influencing crypto and traditional markets alike. The post Bitcoin retreats to $92.5K as strong US jobs data reverses 12-hour gains appeared first on Crypto Briefing.
Jan.10 marks the 1-year anniversary of the spot Bitcoin ETF launches. After a beltbusting year that saw $129 billion in inflows, can the EFTs do it again?
Bitcoin (BTC) has become an asset with mainstream appeal — but before widespread institutional adoption, it was a niche investment whose main utility was, to put it bluntly, being a method of payment for illegal dealings.
A remarkable prediction by Hal Finney, one of the most prominent early Bitcoin pioneers, has resurfaced after 16 years.
Bitcoin's all-time highs don't validate maximalist views. Instead, a balanced approach is needed.
Bitcoin (BTC) is experiencing market volatility as the asset battles to breach and stay above the $95,000 resistance level. Amid this price fluctuation, a Bitcoin whale has hit a massive valuation level after spending six years in hibernation.
Russian authorities seized 1,032 Bitcoin from ex-investigator Marat Tambiev for bribery. He received a 16-year prison sentence and a fine of 500 million rubles.
SUI coin price gain has been the highest among the top 100 cryptocurrencies in the last week. We tell you why the uptrend is likely to hold.
“Good news is bad news,” an analyst told Decrypt.
The bears' pressure continues as most of the coins remain in the red zone, according to CoinMarketCap.
Bitcoin ends a run of 14 consecutive green candles as markets price out the odds of further interest rate cuts in 2025.
Bitcoin's price action has been turbulent, with the leading cryptocurrency declining from its all-time high of $108,384 to a recent low of $91,350.
The new year hasn't brought stability to Bitcoin's price, with BTC experiencing significant volatility this week. The volatility peaked on Jan. 9, with the price opening at $95,057 and reaching a high of $95,346 before dropping sharply to $90,707.
Michael Saylor, vocal Bitcoin evangelist and MicroStrategy executive manager, has ignited the BTC community with his latest Bitcoin-themed tweet.
The U.S. Department of Justice (DOJ) has received approval to sell 69,000 Bitcoins (BTC), which were seized from the infamous Silk Road marketplace. These Bitcoins, worth approximately $6.5 billion at current prices, have become a focal point of discussion as their sale could have significant implications for both the crypto market and the U.S. government's handling of digital assets.
Genius Group Bitcoin Treasury was expanded to $35 million (372 Bitcoin), achieving 30% of its $120 million target.
Policymakers in Germany are considering options required for the country to adopt Bitcoin (BTC) and become competitive in the digital currency space. This formed part of the discussions at a recent Blockchain Roundtable in the German Parliament.
In a latest development, Genius Group Limited, an education company with a focus on AI and Bitcoin, has expanded its Bitcoin Treasury, purchasing an additional $5 million worth of Bitcoin. This acquisition increases the company's total Bitcoin holdings to 372 units, valued at $35 million, at an average price of $94,047 per Bitcoin.
Bitcoin's price has risen over the past 24 hours, despite a decline in equities, as the U.S. economy added more jobs than expected in December.
In 2024, the U.S. emerged as the dominant force in the Bitcoin exchange-traded fund (ETF) space, securing the title of the largest investor in spot Bitcoin ETFs, while Canada, which had initially pioneered this market, experienced substantial outflows.
CleanSpark, one of the leading Bitcoin mining companies in the United States, has recently reached a remarkable milestone by accumulating 10,097 BTC in its treasury.
Heritage Distilling Holding Company, Inc. is to acquire and hold bitcoin as a strategic asset.
Many executives and analysts predicted the success of US spot Bitcoin ETFs in 2024, but the funds surpassed expectations.
Many executives and analysts predicted the success of US spot Bitcoin ETFs in 2024, but the funds surpassed expectations.
Bitcoin, the top cryptocurrency by market capitalization, recently secured 13 green hourly candles in a row, according to data provided by Vetle Lunde of K33 Research.
The Fed's increasingly hawkish stance could limit bitcoin's rally, leading to another period of price consolidation. Sideways Price Action Could See Bitcoin Consolidate at Current Price Levels The first week of 2025 was a bearish one for bitcoin.
The DOJ's $6.4 billion Bitcoin sale fuels bearish sentiment as technical indicators hint at a $90K target. Long-term holders remain confident, with SOPR and RCV signaling accumulation opportunities.
Oklahoma Republican Senator Dusty Deevers is pushing for a new policy that would make Bitcoin an option for employees, businesses, and residents to transact in Bitcoin (BTC). The proposed bill, known as the Bitcoin Freedom Act, will enable vendors to receive Bitcoin.
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BTC tumbled from $95,000 to $93,000 within minutes.
In an interview with Peter McCormack, the longtime Bitcoin advocate and host of a podcast that originally focused solely on Bitcoin before expanding to cover UK politics, former UK Prime Minister Liz Truss expressed her support for Bitcoin and expressed deep reservations about central bank digital currencies (CBDCs).
The real value of bitcoin comes from holding for a long period and time horizon, at least five years.