The U.S. dollar hovered close to a three-week peak versus major peers on Monday amid expectations the Federal Reserve will cut interest rates this week but then signal a measured pace of easing for 2025.
Bitcoin hit $105,100 on Dec. 15, smashing its previous record as speculation swirls around President-Elect Donald Trumps potential plan to designate the cryptocurrency as a US reserve asset. Bitcoins value has risen 20% this month, maintaining its position above $100,000.
MicroStrategy's Michael Saylor has posted the same Bitcoin chart for five consecutive Sundays, and every time, MicroStrategy confirmed a new Bitcoin purchase the following day.
Bitcoin, the flagship cryptocurrency, soared past the $105,000 mark on Dec. 15, 2024, reaching an intraday peak of $105,149 per coin. This represents a 4% increase against the U.S. dollar within the day, showcasing a strong performance in the crypto market.
It comes as the Federal Reserve is expected to go ahead with a rate cut next week, rumors that Trump may use Bitcoin as a US reserve asset from “day one” and more.
Bitcoin is posting new highs, bolstered by various tailwinds, including market reactions to President-elect Donald Trump.
Bitcoin has surged past $105,000 for the first time ever, making a new all-time high mere minutes after breaking $104,000. This comes as optimism remains sky-high on the back of a crypto-friendly US presidential administration.
According to the latest stats, Bitcoin's network hashrate has soared past the 800 exahash per second (EH/s) mark, based on the seven-day simple moving average (SMA). The network's computing might has hit a record-breaking high of 805 EH/s.
This week, Jack Mallers, the CEO and founder of Strike, dished on President-elect Donald Trump's plan to establish a strategic bitcoin reserve on his very first day in office via an executive order. Jack Mallers Stuns Timcast Host Tim Pool The buzz around a strategic bitcoin reserve for the U.S.
Michael Saylor predicts MARA Holdings will be the next Bitcoin firm to join the Nasdaq 100. Fred Thiel congratulated Saylor's MicroStrategy for becoming the first Bitcoin treasury company in the Nasdaq 100.
The co-founders of crypto analytics firm Glassnode have predicted a potential rally in Altcoins, just in time for the holiday season. What Happened: Jan Happel and Yann Allemann, who are known as Negentropic on social media X, have shared their insights.
Bitcoin bulls are attempting to push BTC price above teh $104,088 all-time high, and charts suggest ETH, LINK, AAVE and BGB will be the first to breakout.
Grant Cardone advocates combining real estate and Bitcoin. By using real estate cash flow to buy Bitcoin, he opines that investors benefit from Bitcoin's price swings while protecting against inflation.
A renowned economist disagrees with Bitcoin supporters who claim that cryptocurrency could someday solve the national debt of the United States.
On Sunday, the crypto market economy has held steady at a whopping $3.66 trillion, climbing roughly 1.82% in the last day. Today's star performer is Ethena's ENA, which skyrocketed by 23.08% over the past 24 hours. Meanwhile, the Bitcoin-based meme coin known as dog go to the moon (DOG) has leaped 15.41%.
In a surprising development over the past weekend, one of the world's largest cryptocurrency exchanges experienced an unusual surge in Bitcoin (CRYPTO: BTC) activity. What Happened: Whale Alert, a service that tracks crypto transactions, recorded a series of large transfers, indicating over a billion dollars' worth of Bitcoin moving between wallets.
Michael Saylor, co-founder of MicroStrategy, has sparked speculation about another major Bitcoin acquisition.
Bitcoin and Dogecoin are two of the most watched cryptocurrencies this cycle, with increases in the Bitcoin price mostly flowing into that of Dogecoin. At some point, the price correlation between the Dogecoin price and that of Bitcoin was at 0.97.
Bitcoin has smashed through $103,000, sitting just shy of its all-time high of $103,679, igniting discussions about a possible surge beyond uncharted territories. Governments, especially in the United States, Japan, and Russia, are sharing their intent to integrate Bitcoin into their national financial arsenals, raising the stakes in the global race for crypto dominance.
Asset management titan BlackRock's head of exchange-traded funds (ETFs) reportedly says that demand for Bitcoin (BTC) and Ethereum (ETH) ETFs is only just beginning to scratch the surface.
The price of Bitcoin came within a few hundred dollars of the record Sunday while other assets like Dogecoin and XRP are quietly climbing.
Bitcoin has two key entry points where stablecoin inflows hit record highs. Will these game-changers trigger BTC's next big move?
Bitcoin institutional adoption surges, MicroStrategy makes another massive BTC purchase, and Avalanche secures major funding in today's edition of the weekly recap. U.S. Bitcoin ETFs breach $50.
Bitcoin has experienced a calm weekend, maintaining its momentum above the $100,000 mark after breaking this milestone on Wednesday and setting new highs. The crypto market is buzzing with anticipation as BTC consolidates near its historic levels, with traders and investors eagerly awaiting its next move.
The CEO of digital assets-focused investment firm Pantera Capital says his firm owns a handful of other crypto in addition to Bitcoin (BTC). In a new CNBC interview, Dan Morehead says that he thinks Bitcoin and crypto still have more room to the upside this cycle.
Eric Trump, son of the President-elect and executive vice president of the Trump Organization, is solidifying his stance on cryptocurrency as a cornerstone of his father's incoming administration. Speaking exclusively with Benzinga‘s Bibhu Pattnaik , Eric emphasized plans to work alongside his father, Donald Trump, to position the United States as the global hub for cryptocurrency.
In early Sunday trade, Bitcoin, Ethereum and the rest of the crypto market saw profit-taking, with about $252 million reported in crypto liquidations.
Bitcoin's price on Dec. 15, 2024, has hit a cool $102,513, just a whisker away — 1.2% — from its record-breaking peak of $103,647. The cryptocurrency is on a generally optimistic path, bolstered by solid technical signs and price movements across various charts.
Trump's potential executive order making Bitcoin a US reserve asset may drive a $20 billion BTC purchase in 2025.
Former Binance CEO Changpeng Zhao pointed to increased government adoption of the asset in the next ten years. In an interview, he highlighted its use-case as the future of money to drive massive investment.
Over the weekend, something unusual happened with Bitcoin (BTC) transactions on one of the world's largest cryptocurrency exchanges. Whale Alert kept an eye on a series of big transfers, showing how over a billion of dollars' worth of Bitcoin shifted between wallets.
The Bitcoin adoption wave appears unshaken by Microsoft's shareholders' decision not the add the asset to its portfolio when they met as scheduled on December 10. Before the meeting, there was little optimism for a Bitcoin victory.
In the past few days, Bitcoin (BTC) has oscillated between $100,000 – $102,000 following multiple failed attempts to push into higher price zones.
Bitcoin's surge past $100,000 is boosting Singapore's crypto ambitions. Known for its crypto-friendly policies, the country leads Asia in digital asset adoption, with firms like Coinbase and Ripple licensed to operate. Despite setbacks from Terra and FTX collapses, Singapore's infrastructure and investor interest remain strong.
Bitcoin, this volatile icon of financial markets, may be on the brink of yet another rollercoaster episode. According to a crypto analyst, the approval of a strategic Bitcoin reserve by the U.S. government could disrupt current dynamics.
Metars Genesis price surged 80% as the overall crypto market cap is showing no major momentum in the last 24 hours. Bitcoin surpassed the $103,100 level at last check Sunday.
Bitcoin's Puell Multiple soared, but was yet to flash red flag on valuation from a BTC miners' perspective.
The week was a rollercoaster ride in the cryptocurrency world. From Peter Schiff's advice to President Biden to sell all U.S.-owned Bitcoin, to a bearish turn in the Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) markets, and a potential surge in Dogecoin's value, there was no shortage of action.
Vanguard, the second-largest ETF provider, has tripled down on its rejection of bitcoin and the crypto asset class, declaring that the merits of these digital assets are “weak” and based on speculation.
Following the approval of the US-based spot Bitcoin exchange-traded funds (ETFs) in January 2024, the crypto crowd felt it was only a matter of time before other similar products received the green light. Barely six months after the BTC ETF trading debuted, the Ethereum exchange-traded funds were also launched in the United States.
Amid stock struggles, Nano Labs turned to Bitcoin payments last month to focus on global transactions and attract new partners and customers.
The number of Bitcoin wallets holding less than 1 BTC is projected to increase by nearly 9% in the coming weeks. The post Small Bitcoin Wallets Set to Surge 9% as Investors Keep Stacking Beyond $100K Milestone appeared first on Cryptonews.
Chamath Palihapitiya, the founder and CEO of venture capital firm Social Capital, has offered a possible timeline for when the Bitcoin (BTC) encryption might finally be cracked, given the ongoing advancements in quantum computing.
President-elect Donald Trump has officially confirmed plans to create a US Bitcoin strategic reserve, a decision he'd been flirting with during the last few months of his campaign. This comes just as Bitcoin's price exploded past $100,000, riding the wave of optimism following his re-election.
A new proposal, advocated by John Carvalho, seeks to redefine the unit of measurement for Bitcoin. The idea? Replace decimal points with a representation in whole numbers, where what we currently consider a satoshi would become the new "bitcoin.
A new Bitcoin proposal suggests removing decimals and redefining its units. Will this simplify Bitcoin or alter its perceived value? The post Bitcoin Proposal to Eliminate Decimals – Could This Shake Up Prices? appeared first on Cryptonews.
Quantum computers are revolutionizing technology, but they also pose a potential threat to Bitcoin's security. With the launch of Google's Willow chip, many are asking if this is the beginning of the end for Bitcoin's encryption.