The Bitcoin funding rate over the 30-day EMA signals “no visible signs of late-cycle overheating,” according to a crypto analyst.

MicroStrategy's Bitcoin holdings have propelled its stock price by 546% in 2024, bringing its market cap near $100 billion, with potential to surpass major corporations.

Metaplanet projects it will turn its first operating profit since 2017 and said it wants to go beyond just buying Bitcoin as part of its treasury strategy.

Wyoming Senator Lummis has declared 2025 crucial for Bitcoin, pledging to collaborate with “Crypto Czar” David Sacks on crypto legislation.

Ohio Representative Derek Merrin has introduced a bill that aims to authorize the state's treasury to invest public funds in Bitcoin. The post Ohio Representative Pushes Bill to Authorize Bitcoin Investments for State Treasury appeared first on Cryptonews.

Litecoin (CRYPTO: LTC) became one of the biggest cryptocurrency gainers Tuesday, outpacing coins with significantly higher market capitalization. What happened: The proof-of-work cryptocurrency lifted over 5% in the last 24 hours to a market capitalization of $9.23 billion.

Bitcoin has continued its upward trajectory as recent market trends highlight a shift in investor behaviour. According to data shared by CryptoQuant analyst Avocado Onchain, spot market demand has emerged as a significant driving force behind Bitcoin's ongoing price increases.

Law enforcement's swift action seized $900,000 in bitcoin from a Nigerian fraud scheme, and its soaring value may fully reimburse victims of a $1 million scam. Bitcoin Boom: Law Enforcement's Quick Move Recovers Millions for Scam Victims The U.S.

The U.S. government, under President-elect Donald Trump, is seriously looking at the idea of creating a Strategic Bitcoin Reserve. With Bitcoin hitting record highs, important figures like Senator Cynthia Lummis and Dennis Porter are pushing hard to make it happen. The plan is to make Bitcoin a part of U.S. fiscal policy.

Bitcoin has broken through the $106,000 barrier, marking a significant milestone as it reaches its highest value ever relative to gold. The Bitcoin-to-gold ratio has surged to an all-time high of 37.3, further solidifying Bitcoin's role as a growing asset class and strategic reserve asset.

The development comes as U.S. president-elect Donald Trump looks to build a national strategic reserve of bitcoin.

A proposed legislation in Ohio seeks to incorporate Bitcoin into its financial plan. Derek Merrin, the Leader of the Ohio House Republicans, introduced the bill.

Crypto prices today saw major fluctuations as Bitcoin (BTC) hit a new all-time high of $108,000 before retreating below $106,000, showcasing significant volatility in recent trading. Meanwhile, Pudgy Penguins (PENGU), a token launched just yesterday, recorded a remarkable 550% surge within 24 hours, propelling it into the top 100 cryptocurrencies by market cap.

Senator Cynthia Lummis predicts a game-changing year for Bitcoin and digital assets, driven by tech advancements and regulatory clarity.

Presto Research predicts Bitcoin could hit $210K and the crypto market cap could soar to $7.5T in 2025. Will it be crypto's biggest year yet? The post Presto Research Sees Bitcoin at $210K – Will 2025 Be Crypto's Biggest Year Yet? appeared first on Cryptonews.

Bloomberg ETF analysts Eric Balchunas and James Seyffart expect Litecoin and Hedera will also get spot ETFs, but aren't convinced there'll be much demand for them.

The world of technology is buzzing over Google's latest development in quantum computing with its new chip, Willow. Google revealed that Willow could solve computational problems at extraordinary speeds, far surpassing the abilities of even the world's fastest supercomputers.

Key Points:

Bitcoin soars to $106,000 as institutional demand outpaces supply, with OTC desk balances dropping sharply. A tightening supply squeeze drives BTC's record-breaking rally.

Bitcoin price started another increase above the $106,000 resistance zone. BTC traded to a new all-time high above $108,000 and is currently correcting gains.

Ripple's RLUSD stablecoin launch drives XRP demand amid SEC scrutiny. Will the Crenshaw vote further boost XRP's price?

Pantera Capital founder Dan Morehead backs the U.S. proposal for a strategic bitcoin reserve, urging a pivot from gold to “digital gold” to secure financial leadership.

Congressman Derek Merrin introduced the Ohio Bitcoin Reserve Act, allowing the state treasurer to invest in Bitcoin without mandatory requirements.

The size and popularity of the Bitcoin options market have made it one of the best tools for gauging market sentiment and predicting volatility. Previous CryptoSlate analysis found that options wielded an outsized influence over Bitcoin's price volatility and were responsible for most of the volatility we've seen this quarter.

Bitcoin in Japan can sometimes be taxed at more than its own value, leaving heirs and sellers of crypto worse off than they started.

CoinShares, a leading digital asset investment firm, reported that this new record boosts the total institutional crypto investment for the year to $44.5 billion. As institutional interest continues to surge, Bitcoin and Ethereum remain at the forefront of this growth, though altcoins like XRP, Polkadot, and Litecoin are also drawing increasing attention.

House Bill 703, the Ohio Bitcoin Reserve Act, proposes creating a state Bitcoin fund and granting the treasurer authority to buy the crypto.

What's behind Bitcoin's historic rise to $108,000? From Trump's speech to ETFs and MicroStrategy's massive buys, could a major institutional supply squeeze be underway?

Bitcoin (BTC), the pioneer of cryptocurrencies, has been at the forefront of the digital currency revolution for over a decade. As 2024 unfolds, the cryptocurrency market is buzzing with predictions, especially concerning Bitcoin's price trajectory.

Galaxy Digital founder and CEO Mike Novogratz believes Bitcoin (BTC) could match and eventually surpass gold's market capitalization within five to eight years, following the crypto's record-breaking momentum.

Metaplanet Inc., has issued ¥4.5 billion ($30 million) in zero-interest bonds to accelerate its Bitcoin acquisition, strengthening its position as Asia's largest corporate Bitcoin holder and increasing investors with plans for future bond issuances and Bitcoin-based shareholder rewards. Metaplanet Inc., often referred to as the “Japanese MicroStrategy,” has announced the issuance of ¥4.

French Member of the European Parliament (MEP) Sarah Knafo delivered a high-profile address, urging the European Union (EU) to adopt a “Strategic Bitcoin Reserve” as part of a broader effort to promote financial autonomy and combat inflationary pressures.

The recent BTC rally is driven by spot demand and whale accumulation. New buyers easily absorb selling from older whales and miners, pushing the price despite a slightly slower derivative market.

The Bitcoin Policy Institute has proposed an executive order to establish a Strategic Bitcoin Reserve under the U.S. Treasury, aiming to position the U.S. as a leader in digital assets and enhance economic stability. The post Bitcoin Policy Institute Drafts Executive Order for Trump's Strategic Bitcoin Reserve appeared first on Cryptonews.

The strategic Bitcoin reserve draft document in question has been making the rounds on X (formerly Twitter) with widespread approval from crypto netizens. The draft was reportedly presented by @btcpolicyorg as an executive order focusing on making Bitcoin a strategic reserve asset within the Exchange Stabilization Fund (ESF).

BlackRock's spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT became the most successful ETF launch in over 10 years, following the $418.8 million in net flows registered on Dec. 16. Nate Geraci, CEO of The ETF Store, highlighted that IBIT had beaten approximately 2,850 ETFs.

Bitcoin (BTC-USD) is hovering around its all-time high reached earlier this week, currently above $106,000. Bitwise Asset Management CIO Matt Hougan expects bitcoin's run to continue straight from here and even reach $200,000 by this time next year.

Sarah Knafo, a French magistrate and a member of the European Parliament since June, has called on the European Union to copy President-elect Donald Trump's plan to create a strategic Bitcoin reserve while rejecting the proposed adoption of the digital euro — a central bank-backed digital currency currently being developed by the European Central bank.

MicroStrategy holds over 439,000 Bitcoins worth $46 billion. Should the price of BTC plunge, CryptoQuant CEO Ki Young Ju believes the firm may not face bankruptcy, stating it will only happen “if an asteroid hits Earth.

Is China secretly stacking Bitcoin and gearing up to unban it? Let me break down why I think they're about to make a huge move—and sooner than you think.

US Bitcoin exchange-traded funds (ETFs) now have more assets under management (AUM) than Gold ETFs. Vetle Lunde, Head of Research at K33 Research, posted the milestone, noting the Bitcoin ETFs' rapid growth.

On Dec. 16, US spot and derivative Bitcoin ETFs collectively broke $129 billion in net assets, surpassing gold ETFs for the first time.

The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards from 6.25 BTC to 3.125 BTC, severely impacted miner earnings.

Bitcoin (BTC) has been experiencing a remarkable surge in price, and with this upward momentum, many investors are becoming increasingly optimistic about its potential. In the past five days, BTC has gained 6.44%, reinforcing the idea that the bullish trend is likely to continue.

Bitcoin reaches a new milestone at $108,000, maintaining momentum above $100,000 as market sentiment remains extremely bullish, fueled by political support and increasing institutional integration.

Dennis Porter, founder of the Satoshi Action Fund, has unveiled a draft of an executive order crafted for President-elect Donald Trump to establish a Strategic Bitcoin (BTC) Reserve within the Exchange Stabilization Fund (ESF).

Christian Lindner, the former Finance Minister of Germany, questioned the country's leaders for not adopting Bitcoin's economic opportunities, especially as the U.S. moves forward with crypto innovation. The leader of the Free Democratic Party (FDP) Christian Lindner questioned the German government for failing to adopt Bitcoin's economic opportunities.