Bitcoin spiked to yet another new record on Monday, nearing the $108,000 mark, while Ethereum rose to a price not seen since 2021.
Optimism regarding a potential strategic reserve fund proposed by President-elect Donald Trump has propelled Bitcoin to surpass $106,000 for the first time.
Bitcoin prints a new all-time high above $107,700, while several analysts call for much higher prices in the short term.
Bitcoin (BTC) is starting the week at another all-time high as optimism around the incoming new presidential administration builds. At time of writing, BTC is trading above $107,000, up nearly 10% in the last week and over 150% year-to-date.
Bitcoin and Nvidia lead market performance in 2024, driven by unique growth factors and risks.
On average, one bitcoin was worth $101,890, bringing the total to almost $21.5 million. The business owns 2,084 BTC for around $168.6 million, or $80,916 per Bitcoin.
Accelerating ETF inflows, dwindling exchange supply, and potential U.S. strategic reserves are setting the stage for unprecedented Bitcoin scarcity—making even a $1 million price target suddenly plausible.
This gives the corporate bitcoin holder exposure to billions of dollars in passive flows into the 13 ETFs that track the Nasdaq 100.
Jeremy Rubin recently released a proposal to allow specialized oracles to emulate covenants on Bitcoin with no softforks necessary, secured by a BitVM based slashable bond.
Bitcoin jumped to a fresh high above $107,000 on Monday as crypto bulls were left giddy with excitement after President-elect Donald Trump floated the possibility of setting up a US strategic BTC reserve. The world's biggest cryptocurrency hit a record peak of $107,039 and was last trading 3.64% higher at $106,984 at the time of
Bitcoin's price topped $106,000 on Donald Trump's apparent plans for a bitcoin reserve. The world's most popular cryptocurrency reached that new record Monday (Dec. 16), the latest in a series of milestones in the wake of the pro-crypto president-elect's victory last month.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Riot Platforms has acquired a monumental 667 Bitcoin while the leading cryptocurrency broke above $107,000 for the first time in history.
Bitcoin has smashed through the $107,000 mark, hitting an all-time high of $107,140 just an hour ago. The surge comes after a historic close of $106,493 last night.
Bitcoin's DeFi TVL has surged by more than six times in less than two months.
Michael Saylor compared to New York City and its economy on Monday as the cryptocurrency rose to fresh records, calling it "cyber Manhattan."
As Bitcoin (BTC) is back surging above the $100,000 mark and altcoins consolidate above strong support levels, a crypto trader has warned his followers that the market's top is close and urges people to prepare their exit strategy.
Bitcoin Soars Amid Fed Rate Cut Expectations and Trump's Crypto Reserve Plans Bitcoin rallied to a new all-time high on Monday as investors awaited an expected interest rate cut by the Federal Reserve later this week. Also, President-elect Donald Trump indicated plans to create a U.S.
Bitcoin has smashed past another record level with a surge to a new all-time above $107,000. After reclaiming the psychological $100,000 level, Bitcoin (BTC) strengthened further, reaching highs of $107,172 on U.S.-based crypto exchange Coinbase.
Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000.
Semler Scientific, a company focused on technology solutions for healthcare providers, announced an update on its Bitcoin holdings. Between December 5 and December 15, 2024, the company acquired an additional 211 Bitcoin (BTC) for $21.
Bitcoin achieved a new record of $106,498 amid Trumps proposed crypto initiatives. Analysts anticipate a rally to $120,000 by 2025, driven by strategic reserves and whale accumulation.
Trump said on Friday the US would do "something great with crypto," fueling fresh excitement about the prospect for a national bitcoin reserve.
Bitcoin price has hit a record-breaking ATH of $106,803 fueled by Trump's proposal for a U.S. Bitcoin reserve. This has the crypto market sparking with Bitcoin price predictions.
MicroStrategy has bagged a new 15,350 Bitcoin stash to increase its total holdings to 439,000 BTC.
Michael Saylor hints at MicroStrategy's Bitcoin buy over $100K as BTC hits a record $106K.
Bitcoin's price trajectory is currently showing signs of a potential $500K peak in this cycle, a scenario that many crypto enthusiasts have long speculated about. The Bitcoin rainbow chart, a popular tool used to predict the cryptocurrency's long-term price trends, suggests that the leading cryptocurrency might be heading toward a “supercycle.
Bitcoin has been trading comfortably above the $100k mark ever since its all-time high push on December 16. While in retracement mode, the largest cryptocurrency by market cap has been priming HODLers for another run, this time trying to turn the $106k resistance level into support.
Bitcoin (BTC), the world's leading cryptocurrency, soared to an unprecedented all-time high of $107,140, driven by a confluence of factors reshaping global markets. Bitcoin Smashes Records: $107,140 and Counting This latest price milestone on Monday highlights the growing prominence of digital currencies as mainstream financial assets.
As BTC hovers near its new all-time highs, the Bitcoin network hashrate has also seen record-breaking figures. The network's 7-day simple moving average hashrate recorded an all time high of 805 EH/s on December 15th.
Colivas and her con-conspirators not only kidnapped the prince but also stole thousands worth of luxury items from his home. The post Kidnapping Saudi Royal for Bitcoin Ransom: TikTok Star Avoids Jail appeared first on Cryptonews.
MicroStrategy, a business intelligence company and one of the largest corporate holders of Bitcoin (BTC), is continuing to stack BTC despite the cryptocurrency surging to new all-time high prices above $106,000. The post MicroStrategy Acquires 15,350 Bitcoin for $1.5B, Boosting Its Holdings to 439K BTC appeared first on Cryptonews.
MicroStrategy, the Michael Saylor-founded software firm and self-described “Bitcoin Development Company,” announced today that it had acquired even more Bitcoin, spending roughly $1.5 billion in cash.
Michael Saylor, the co-founder and Executive Chairman of MicroStrategy — a publicly-listed firm that holds more BTC in its treasury than any other company— has shared a bullish statement as the premier cryptocurrency recorded its new all-time high price.
Bitcoin (BTC), the largest cryptocurrency, hit another massive milestone in its splendid Q4, 2024, rally. Finally, its Energy Value metric hit $100,000.
The Bitcoin/gold ratio, a key indicator of the purchasing power of crypto against the precious metal, has reached an all-time high of 40 ounces of gold per BTC. This performance reflects the spectacular rise of BTC, which has surpassed the $106,000 mark today, December 16, consolidating its role as the "new digital gold.
Prominent financial analyst Luke Gromen sees Bitcoin (CRYPTO: BTC) or gold potentially serving as solutions to mounting economic challenges in the face of increasingly precarious sovereign debt situations. What Happened: In a recent episode of the ‘What Is Money' podcast with Robert Breedlove, Gromen pointed to the U.S.'s $36 trillion debt, warning of its long-term instability.
While markets eagerly await Trump's potential move on a national bitcoin reserve, several states are already making moves to start holding the crypto.
Bitcoin miner Riot Platforms acquired 667 BTC worth $67.5 million, bringing its total reserves to 17,429 BTC, now valued at $1.85 billion.
Since its launch, the Grayscale Bitcoin Trust has seen $21 billion in outflows, making it the only US spot Bitcoin ETF with negative net flows. The post Grayscale Faces $21 Billion Exodus as Spot Bitcoin ETFs Flourish appeared first on Cryptonews.
The bitcoin mining company acquired 667 bitcoin at an average price of $101,135 per BTC.
El Salvador's Central Reserve Bank has officially granted Bitget a Bitcoin Service Provider (BSP) license, according to a Dec. 16 statement shared with CryptoSlate. This move grants the exchange legal authorization to facilitate Bitcoin-related services in the country, including converting Bitcoin to fiat currencies, processing Bitcoin payments, and securely managing Bitcoin custody.
Trump's push for a U.S. Bitcoin reserve has ignited market optimism, sending Bitcoin prices to new highs.
Bitcoin has shattered its all-time high, reaching $106,500 just a few hours ago, setting the stage for an even bigger move. After trading in a sideways range within an ascending triangle for weeks, the price finally broke through the crucial $103,600 resistance level established on December 5.
TL;DR MicroStrategy buys an additional 15,350 BTC for $1.5 billion, bringing its total holdings to 439,000 Bitcoin. The company's total investment in BTC reaches $27.1 billion. The company has positioned itself as one of the largest institutional holders of Bitcoin. MicroStrategy has acquired 15,350 BTC for an approximate value of $1.
With bitcoin dancing well above the $100,000 mark since Dec. 11, occasionally dipping its toes below, a slew of long-sleeping bitcoin wallets have been springing back to life.
Bitcoin markets diverge from altcoins to continue the quest for BTC price discovery.