Artificial intelligence firm Genius Group (GNS) is making waves in the realm of cryptocurrency by publishing a press release. On November 12, 2024, GNS announced that the firm had adopted Bitcoin (BTC) as its treasury asset.
The global cryptocurrency market has hit an extraordinary milestone, crossing the $3 trillion mark in total market capitalization for the first time. On November 11, 2023, the market experienced a sharp 7% rise within a single 24-hour period.
The Investment Committee dives into whether Crypto's momentum can last.
Monday's bitcoin rally propelled El Salvador and Bhutan's crypto stashes to $500 million and $1.1 billion respectively.
A recent report from Coin Metrics highlights how post-election trading in bitcoin (BTC) has reached unprecedented levels, with the options market indicating strong investor optimism. Coin Metrics Study Shows Increased Call Option Interest Coin Metrics' analysis provides a detailed look at bitcoin's rally following the recent U.S.
United States Senator Cynthia Lummis of Wyoming is optimistic that a strategic Bitcoin reserve could be realized quite fast under the incoming Trump administration.
Bitcoin's price has crossed several milestone since Donald Trump won the U.S. presidential election. How fast can it hit the $100,00 level?
Bitcoin as an institutional reserve asset gained more traction as a Singapore-based AI company took a page from MicroStrategy's book.
With Bitcoin surging, calls are mounting for the UK to follow the US in creating a national BTC reserve, but how likely is it to happen?
The BitMEX co-founder explained that BTC could unlock such price height if Donald Trump's administration emulates China's economic development model.
Enterprise software firm MicroStrategy is sitting on over 100% gains on its Bitcoin (BTC) holdings as the value of the stash crosses the $24 billion mark. Michael Saylor's MicroStrategy is currently holding 279,420 BTC worth $24.45 billion, according to Bitcoin Treasuries.
American entrepreneur and financial author Robert Kiyosaki has issued a stark warning to Bitcoin investors, urging them to avoid excessive greed as Bitcoin nears new price milestones. The best-selling author of Rich Dad Poor Dad, which has sold over 40 million copies worldwide, shared his thoughts on Bitcoin's recent surge and why he plans to stop buying the cryptocurrency once its price hits $100,000.
Bitcoin has reached a new all-time high (ATH), driven by strong demand in spot markets and a wave of institutional investments, as detailed in a report from Glassnode researchers Cryptovizart and Ukuria OC.
CZ said in his recent X post that many countries will be deploying Bitcoin as their resource, including other cryptocurrencies as well. His statement came after Bhutan surpassed 1 billion in its bitcoin reserves.
Blockworks co-founder Jason Yanowitz sees the cryptocurrency market moving into the most thrilling phase of a four-stage bull market. What Happened: Yanowitz outlined the typical bull market phases in a thread on X: Stage 1: Rebirth (Jan 2023-Jan 2024) Stage 2: Excitement (Feb 2024 through last week) Stage 3: Euphoria (currently) Stage 4: Disconnection (still to come) The founder noted that the “Excitement” phase could see some coins near all-time highs, without new players coming or existing players leaving.
Bitcoin's market cycle suggests a potential price peak could occur in about 200 days, aligning with recession forecasts for H2, 2025.
AI firm, Genius Group announced that it will adopt Bitcoin as its primary treasury asset. The company will be holding 90% of its present and future resources in BTC.
In the aftermath of a Trump victory, Bitcoin has been skyrocketing and is now trading very close to $89,000. However, Bitcoin is not the only gainer in this post-election rally. Altcoins have also shown a remarkable surge.
The ongoing surge has propelled the crypto king past major global assets, securing a new place in the financial hierarchy.
Roman Sterlingov, the founder of Bitcoin Fog, the darknet's oldest cryptocurrency mixing service, has been sentenced to 12.5 years in prison.
What's driving this rally beyond politics?
Elon Musk's Tesla has achieved over $1 billion in valuation for its Bitcoin holdings. The vehicle production company, which had accumulated 11,509 BTC, has now achieved approximately double the valuation of its BTC holdings compared to the beginning of the year.
According to data provided by leading ETF analyst Eric Balchunas, Bitcoin exchange-traded funds (ETFs) have now surpassed $90 billion in total assets.
Bitcoin is currently experiencing a price correction but underlying metrics show bullish run is on track to continue. Bitcoin Can Deliver Another Wave of Massive Pumps Over the past week, bitcoin (BTC) has set multiple new all-time highs with the latest seeing the number cryptocurrency hit the $89,600 mark.
With Trumps campaign promise of a US Bitcoin reserve, interest grows in how this idea, initially proposed by Senator Lummis in July, might unfold. The post What a US Strategic Bitcoin Reserve could look like under Trump's presidency appeared first on Crypto Briefing.
Genius Group's Bitcoin strategy may influence other firms to consider cryptocurrency for treasury management, impacting financial norms globally. The post AI-driven Genius Group converts 90% of reserves to Bitcoin appeared first on Crypto Briefing.
With MicroStrategy (NASDAQ: MSTR) doubling down on its decision to purchase more Bitcoin (BTC), a market player has identified a key economic event that could see the company offload its holdings.
Bitcoin's multi-day blast to consecutive new highs caught Wall Street's attention, with billions flowing in crypto ETFs since November's start and the U.S. elections.
After the 2024 presidential election results became certain on November 6, Bitcoin (BTC) embarked on a remarkable rally, surpassing silver to become the world's eighth-largest asset and soaring toward the $90,000 mark.
In its surge to a new all-time high price near $90,000 on Monday, Bitcoin broke the record for the biggest single-day gains in U.S. dollars.
Bitcoin defies the odds again, hitting a new peak. Binance's CZ pokes fun at the persistence of “Bitcoin is Dead” claims, highlighting BTC's ability to overcome challenges and maintain its relevance. The post Binance's CZ Pokes Fun at ‘Bitcoin is Dead' Critics as BTC Hits New All-Time High appeared first on Cryptonews.
Markets witness Bitcoin's largest daily candle in history at $8,300 amid post-election surge. Mow and Hayes renew million-dollar predictions.
Singapore-based artificial intelligence company Genius Group said it has adopted bitcoin as its primary treasury asset, committing 90% of its current and future reserves to be held in the largest cryptocurrency.
German government sold nearly 50K Bitcoin for $53,000 each in June-July 2024 as part of the Movie2K case asset liquidation. The sale missed $1.84 billion in profits as Bitcoin surged to $89,956, making the BTC worth $4.48 billion today.
Binance's Changpeng Zhao has discredited the popular “Bitcoin is Dead” narrative from critics.
Binance's CZ Zhao dismisses “Bitcoin is dead” claims, underscoring Bitcoin's long-term resilience. Binance remains a significant force in Bitcoin's growth and global adoption.
Former BitMEX CEO Arthur Hayes argued that Donald Trump's economic policies could significantly weaken the U.S. dollar, benefitting bitcoin.
The unstoppable price run of Bitcoin, which started a day after the US presidential elections, is creating a ripple effect in the economy. There's been a massive jump in value recently, with Bitcoin topping $89k earlier today, showing a 27% increase from the previous week.
The popular crypto analyst PlanB says Bitcoin (BTC) is about to plunge into the steepest part of the S-curve, priming the flagship digital asset to spark massive gains.
Robinhood CEO Vlad Tenev gave his opinion on the recent Bitcoin price rally to as high as $90,000 and how US President-elect Donald Trump has contributed to this development. Tenev also suggested that the crypto industry in the US could begin to thrive now with Trump as the next president.
Changpeng Zhao widely known to the cryptocurrency community as CZ, co-founder and former chief executive of the largest crypto trading platform Binance, has taken to his account on the X platform to address those who did not believe in Bitcoin's future or took Bitcoin skeptics' public advice.
Raoul Pal, CEO of Real Vision, has suggested that Ethereum (CRYPTO: ETH) could benefit more than Bitcoin (CRYPTO: BTC) under Donald Trump's administration. Raoul Pal is set to discuss these insights and the future of Ethereum and Bitcoin at Benzinga's Future of Digital Assets event on Nov. 19.
Nasdaq-listed Chinese microchip company Nano Labs has announced that it now accepts Bitcoin payments.
The US and German governments sold large amounts of Bitcoin too early, resulting in a missed profit of up to $18 billion as Bitcoin hit new ATHs.
The growing dominance of Bitcoin ETFs could reshape market dynamics, influencing Bitcoin's liquidity, price stability, and regulatory landscape. The post Bitcoin ETFs now hold 95% of Satoshi's Bitcoin holdings appeared first on Crypto Briefing.
Teslas Bitcoin holdings surpass $1 billion as BTC hits new highs. The post Tesla's Bitcoin holdings hit $1 billion amid bull run appeared first on Crypto Briefing.
Bhutan achieves $1 billion in Bitcoin holdings, driven by hydropower mining since 2021. This positions Bhutan among leading Bitcoin-holding governments globally, alongside El Salvador. The post Bhutan Reaches $1 Billion in Bitcoin Holdings appeared first on Cryptonews.
The current market activity points to the continuation of a major bull run across multiple cryptocurrencies. Bitcoin is showing signs of breaking past $100,000 and Ethereum could push toward $4,000. However, Samson Mow, CEO of Bitcoin infrastructure company Jan3, recently shared his belief that Bitcoin is significantly undervalued.