As December comes to a close, analyst Crypto Rus reflects on what the final days of the month might hold for Bitcoin and other cryptocurrencies. Despite the anticipation of a “Santa Rally,” the market has remained relatively stagnant.

Fred Krueger, a prominent entrepreneur and Bitcoin advocate, shared his views on inflation and the cost of living on December 30, 2024, over a pair of posts on the social media platform X. Krueger is known for his background as a serial entrepreneur, having founded and sold multiple companies such as Fauve Software, iwin.

With an average price of $97,837 per bitcoin, MicroStrategy purchased 2,138 BTC for $209M. For $516 million, MicroStrategy bought 5,262 Bitcoins last week.

USDT stablecoin issuer Tether has expanded its Bitcoin holdings by acquiring 7,629 BTC valued at roughly $705 million, according to on-chain data from Arkham Intelligence. The purchase elevates Tether's Bitcoin holdings to 82,983 BTC, worth approximately $7.68 billion as of press time.

BlackRock Bitcoin ETF became the fastest-growing ETF ever, reaching $50 billion in assets within 11 months of its 2024 debut.

Blockchain sleuths have flagged a notable acquisition: on Dec. 30, 2024, a bitcoin address believed to be linked to stablecoin issuer Tether added 8,404.48 BTC to its reserves, valued at a cool $772 million.

TL;DR Tether acquired 7,629 BTC, worth $705.25 million, increasing its total reserves to 82,983 BTC, valued at $7.68 billion. This purchase is part of the strategy announced in May 2023, which allocates 15% of its monthly profits to Bitcoin purchases. In addition to its Bitcoin reserves, it holds $100 billion in bonds and 48.

Tether has received a transfer of 7,600 Bitcoin, valued at $705.25 million, from its affiliated Bitfinex wallet. As MiCA regulations heighten concerns over USDTs market position, the stablecoin issuer faces a $2 billion market cap decline amid global FUD.

Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.

After 9-months of dormancy, Tether's Bitcoin reserves have received 7,629 BTC valued at $705.25 million from Bitfinex. According to Arkham monitoring data, Tether now holds 82,983 BTC worth $7.68 billion at current prices.

Genius Group has added to its bitcoin holdings with a significant purchase announced on Dec. 30. The company disclosed it acquired additional Bitcoin (BTC) worth $10 million to bring its BTC treasury to 319.4 BTC, worth $30 million.

Macroeconomic concerns and rampant profit-taking are weighing on the crypto market as the year comes to an end.

I look forward to earning some sats in a non-custodial manner for helping Boltz manage its liquidity.

Another Monday, another big Bitcoin buy from Microstrategy—its eighth consecutive weekly purchase.

MicroStrategy continues its aggressive Bitcoin acquisition strategy, adding 2,138 BTC for $209 million. The move boosts its 2024 cryptocurrency yield to 74%, marking a significant milestone for the business intelligence firm.

In a latest develoment, as per data from Arkham Intelligence, the stable coin issuer Tether, has sent 7,629 BTC worth approximately $700 million to its bitcoin reserve address from Bitfinex's hot wallet about an hour ago at 14:00 UTC. TETHER ADDS ANOTHER $700M BITCOIN TO RESERVESSOURCE: ARKHAM pic.twitter.

Christian Lindner urges the ECB and Bundesbank to add Bitcoin to reserves. Germany joins Hong Kong, Poland, and Japan in exploring Bitcoin reserves.

TL;DR BlackRock's IBIT reached $50 billion in assets in just 11 months, breaking records in the financial industry and setting a new benchmark for ETFs globally. Its unprecedented growth helped Bitcoin surpass the $100,000 mark, attracting institutional investors and reshaping the perception of digital currencies.

Bitcoin's remarkable rally in 2024 stunned the world but with the advent of the new year only hours away, the rally seems to be stalling. The cryptocurrency, which surged to a record high of $108,000 in mid-December, was trading at $93,670 early Monday in New York, 16% below the high.

Bitcoin (BTC) is down to its lowest levels of December, dropping under $92,000, and many crypto enthusiasts are trying to figure out why. Chris Burniske, a former ARK Invest crypto lead and current partner at Placeholder VC, has shared his thoughts as he is looking at the bigger picture, not just the crypto world.

TL;DR MicroStrategy increased its Bitcoin reserve to 446,400 BTC with a purchase of 2,138 BTC valued at $209 million. The company requested SEC approval to issue new shares and raise capital for future Bitcoin acquisitions.

BlackRock's iShares Bitcoin Trust (IBIT) marked an extraordinary debut in 2024, becoming the fastest-growing exchange-traded fund (ETF) in history. Within 11 months of its launch, the fund amassed over $50 billion in assets under management, setting a new benchmark for ETF performance.

In a latest development, Genius Group Limited a leading AI-powered, Bitcoin-first education group, today announced an additional $10 million purchase for its Bitcoin Treasury, bringing its total holdings to 319.4 Bitcoin, valued at $30 million, with an average purchase price of $93,919 per Bitcoin.

Bitcoin price continued its strong downward trend even after MicroStrategy and Tether announced fresh acquisitions. Bitcoin (BTC) traded near the $91,000 level on Monday, Dec.

With 7,629 BTC worth $705.25 million, Tether Bitcoin reserves have been increased to 82,983 BTC, valued at $7.68 billion.

MicroStrategy is at it again, like clockwork, even as market correction deepens. The company just dropped $209 million to scoop up 2,138 more Bitcoins.

Tether, the issuer of $140 billion stablecoin leader USDT, increased its Bitcoin holdings by $700 million.

Hong Kong lawmakers are pushing for Bitcoins inclusion in national reserves, emphasizing its ability to stabilize financial systems, attract investments, and position the region as a leader in digital asset integration, following Chinas substantial Bitcoin holdings. Hong Kong Lawmaker Proposes Bitcoin for National Reserves A lawmaker in Hong Kong has proposed that the special administrative region use Bitcoin as part of the national reserve for financial security, capitalizing on Chinas one country, two systems concept, Cointelegraph reports.

Genius Group Limited (NYSE American: GNS) has increased its Bitcoin Treasury by $10 million, bringing its total Bitcoin holdings to 319.4 BTC, valued at $30 million. The company made the announcement on December 30, 2024, as part of its “Bitcoin-first” strategy, which commits over 90% of its reserves to Bitcoin.

Bitcoin, currently dancing between $91,721 and $92,105 over the last hour, has dipped by 2.7% in the past 24 hours. Its market cap stands tall at $1.81 trillion, with a trading volume of $45.45 billion and an intraday price swing from $91,315 to $94,562.

USDT stablecoin issuer Tether Holdings Ltd is in the news again, but this time, regarding its Bitcoin strategic reserve holdings. According to ochain data from Arkham Intelligence, the USDT parent company just sent a total of 7,629 Bitcoin units to its reserve wallet.

Primarily endorsed by Bitcoin proponents, GOP politicians, and Trump, here's how a Strategic Bitcoin Reserve could actually appeal to progressives.

Despite not hitting an all-time high, Ethereum has gained momentum with developments like ETFs and the Dencun upgrade in 2024.

The purchase of 209 million dollars was financed through the ATM program.

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE) and the rest of the cryptocurrency industry are set for a transformative 2025, according to research from Galaxy Research. What Happened: In a thread on X on Dec. 27, Galaxy Research forecasts notable advances in adoption, infrastructure and regulatory clarity, as well as specific advancements for different assets.

The firm, which has been generating record profits, has been trying to diversify its holdings and reinvest in emerging sectors.

TL;DR According to Ki Young Ju, CEO of CryptoQuant, Bitcoin has reached a value of over $1.03 trillion stored in wallets and exchanges, establishing itself as a powerful store of value. The Bitcoin store of value metric has increased by 85% this year, reflecting the growing interest and trust of investors in the cryptocurrency.

Bitcoin (BTC), the largest cryptocurrency, fails to address its major decentralization threats: zero client diversity, poor "social layer" narrative, exodus of Bitcoin Core devs and lack of censorship-resistance. Meanwhile, Ethereum (ETH) managed to accomplished a battle-tested level of decentralization, investor and advisor Anthony Sassano says.

The chief executive of market intelligence platform CryptoQuant is warning investors that the US government's motivations for creating a Bitcoin (BTC) standard may be different from what they expect.

Nasdaq-listed business intelligence firm MicroStrategy has announced it acquired an additional 2,138 bitcoin for around $209 million, at an average price of $97.837 BTC as the company keeps accumulating the cryptocurrency.

MicroStrategy invested $209 million to acquire an additional 2,138 BTC, bringing its total holdings to 446,400 BTC, valued at $27.9 billion.

The crypto community carefully watches the blockchain space for large transactions, which reflect the current whale activity. According to Whale Alert, a blockchain sleuth that tracks down large cryptocurrency transfers, earlier today, a massive amount of Bitcoin was transferred by cryptocurrency whales.

BTC dumped below $92,000 for the first time since the end of November.

MicroStrategy Inc (NASDAQ:MSTR) extends its Bitcoin (CRYPTO: BTC) acquisition strategy, announcing on Monday its latest purchase of 2,138 BTC for approximately $209 million to bring the company's total holdings to 446,400 BTC. What Happened: MicroStrategy's Executive Chairman Michael Saylor announced the acquisition on X, having purchased the Bitcoin at an average price of $97,837 per coin.

Bitcoin (BTC) hit a record high on December 17 but has since dropped below $100,000. Key indicators, such as the ADX, alongside cautious whale activity, suggest a weakening downtrend.

Bitcoin rebounds to $92,294, facing key resistance at $94,000. Will bullish indicators drive a breakout, or could $93,400 spark further declines? The post Bitcoin on the Brink of a Major Rebound – These Key Levels Could Decide Its Fate appeared first on Cryptonews.

Bitcoin and Ethereum share a complex relationship, but right now, one is clearly gaining the upper hand.

Sellers continue their pressure on the first day of the week, according to CoinStats.