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news-imageDecember 16, 2024

Bitcoin Miner Riot Platforms Boosts BTC Stash with $67.5M Purchase

667 Bitcoins (BTC) priced at about $101,135 were bought by the corporation. A total of 17,429 Bitcoin is now in the miner's balance.
Publisher: TheNewsCrypto
Sentiment: Positive
BTC

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cover-imageThe Currency Analytics
December 16, 2024

Bitcoin Could Become Neutral Reserve Asset Amid National Security Crisis, Says Investor Luke Gromen

Bitcoin (BTC), once dismissed by many as a speculative asset, is now being considered by some financial experts as a potential solution to the United States' national security and economic challenges. In a recent interview with Bitcoin advocate Robert Breedlove, macro investor Luke Gromen proposed that the US may soon have little choice but to elevate Bitcoin as a neutral reserve asset.

Positive
cover-imageCrypto Reporter
December 16, 2024

Bernstein Analysts Saying Bitcoin Price Crash Is Investment Opportunity For This $0.02 Hidden Altcoin Set To Explode 57,800% In Q4 2024

The cryptocurrency world is buzzing after Bernstein analysts identified the recent Bitcoin price crash as more than just a downturn: it is an opening for an investment opportunity in WallitIQ (WLTQ). This hidden altcoin, priced at $0.0243 during its presale, is projected to explode by 57,800% by Q4 2024.

Positive
cover-imageCoingape
December 16, 2024

Bitget Rides El Salvador's Bitcoin Wave, Capitalizes on $362M Profit

Leading crypto exchange Bitget has reached a critical milestone for itself as it is the very first digital asset trading platform that has been granted a license to be a Bitcoin Service Provider via El Salvador's Central Bank. The exchange announced this following President Nayib Bukele revealing El Salvador's BTC holdings made an unrealized profit

Positive
cover-imageThe Currency Analytics
December 16, 2024

How Bitcoin Mining is Becoming a Key Player in Europe's Energy Transition Amid Crisis

Bitcoin mining—once viewed as an energy-hungry villain—has quietly emerged as an unexpected ally in the continent's push toward a sustainable energy future. While the environmental costs of cryptocurrency mining have long been a topic of heated debate, recent developments show that Bitcoin miners are playing a crucial role in stabilizing Europe's energy grid, utilizing surplus energy, and aiding the integration of renewable energy sources.

Positive
cover-imageThe Currency Analytics
December 16, 2024

Corporate Giants Turn to Bitcoin Treasuries Amid Economic Uncertainty

World's largest corporations are exploring a new avenue for securing their wealth: Bitcoin (BTC). As traditional markets fluctuate and the value of fiat currencies remains unpredictable, major firms such as MicroStrategy, Tesla, and Tether Holdings are increasingly turning to Bitcoin to diversify their corporate treasuries.

Positive
cover-imageBenzinga
December 16, 2024

Bitcoin Hits New All-Time Above $107,000, Ethereum, XRP, Dogecoin Follow Higher As Traders Target $115,000 And More

Bitcoin hit a new all-time high of $107,822 according to Coingecko data on Monday, as bullish hopes are fueled by President-elect Donald Trump reportedly contemplating an executive order to establish a Strategic Bitcoin Reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $106,240.24 +3% Ethereum (CRYPTO: ETH) $4,052.99 +4% Solana (CRYPTO: SOL) $217.53 -1.5% XRP (CRYPTO: XRP) $2.48 +2.8% Dogecoin (CRYPTO: DOGE) $0.4049 +0.8% Shiba Inu (CRYPTO: SHIB) $0.00002744 -0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 2.9% and daily active addresses falling by 0.4%.

Positive
cover-imageCNBC Television
December 16, 2024

Bitcoin hits fresh record above $107,000: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Todd Ruoff of Autonomys discusses the outlook for bitcoin ETfs in 2025.

Positive
cover-imageCoingape
December 16, 2024

Bitcoin Reaches New ATH Amid Growing Strategic BTC Reserve Optimism

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

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