Abu Dhabi-listed Phoenix Group deepens its U.S. footprint with the opening of a 50 MW crypto mining site in North Dakota.
After a massive bloodbath in the last weeks of December due to the Fed's hawkish comments, the crypto market is recovering in the first week of Jan.
Bitcoin nears $100K as optimism builds ahead of Trump's inauguration. Key risks include the Fed's rate decision and MARA's BTC lending strategy. The post Bitcoin Eyes $100K Amid Optimism, Key Risks Loom Ahead of FOMC Meeting appeared first on Cryptonews.
Macro guru Luke Gromen thinks it would serve America's best interest if President-elect Donald Trump delays signing an executive order to establish a Bitcoin (BTC) reserve. In a new interview with venture capitalist Preston Pysh, Gromen says it wouldn't make sense for Trump to announce plans to accumulate Bitcoin right after being sworn into office.
Bitwise CEO Hunter Horsley believes that Bitcoin scarcity is going to start to feel "dramatic" when the cryptocurrency becomes more mainstream.
Multiple Chilean lawmakers are currently pushing for legislation that would establish a Strategic Bitcoin Reserve (SBR), according to details shared by nation-state mining lobbyist Andrés Villagrán. Revealing his progress via X, Villagrán explained that he has been meeting with numerous officials to advocate for BTC's potential economic benefits.
The Tokyo-listed investment firm aims to boost its bitcoin holdings to 10,000 BTC this year, according to its CEO.
Bitcoin reached an all-time high of $108,000 on Dec. 17, 2024, but has since dropped by over 10%.
Bitcoin's retail demand plummeted sharply to -16% after market correction from $100k.
XRP faces a pivotal moment as it battles key resistance at $2.72 and support at $2.21. Will it follow Bitcoin's bullish lead or stumble?
KULR Technology Group, Inc., a thermal energy management company, increased its Bitcoin holdings with the purchase of 213.4 BTC worth $21 million.
The companies plan to collectively pick up $3 billion worth of bitcoin this year, with MicroStrategy's targeting the purchases in Q1 2025.
A potential Bitcoin rally, anticipated to gain momentum ahead of Donald Trump's January 20 inauguration, may face challenges later in the month. The post Trump-Led Bitcoin Rally Faces Uncertainty Ahead of Fed's January Rate Decision: 10x Research appeared first on Cryptonews.
Bitcoin mining company MARA, formerly known as Marathon Digital, lent out 7,377 Bitcoin (BTC) in 2024 to generate additional income. The post MARA Lent Out 7,377 Bitcoin in 2024 to Cover Mining Costs appeared first on Cryptonews.
The global crypto market today is showing signs of growth, as a result, the total market cap of the business has risen 0.82% in 24 hours to $3.53 trillion. The optimism called for a healthy boost in trading activity, with the intraday numbers shooting up 2.90% to $90.61 billion.
With Trump's influence in play, the next few days could set the stage for major movement.
Metaplanet stock is making strong moves today on the Tokyo Stock Exchange as its CEO Simon Gerovich disclosed plans to 5x their Bitcoin holdings in 2025. This is a bold move from Japan's MicroStrategy which started accumulating BTC in May 2024 and already holds over 1,761 BTC on its balance sheet.
Bitcoin price is recovering losses above the $98,000 zone. BTC is gaining pace and might continue higher if it clears the $100,000 resistance zone.
The change in the U.S. presidential office triggered a huge upswing in the Bitcoin (BTC) price that spiked and formed a new ATH above $108,000. After a brief retracement and correction, the star token has revamped a calculated ascending trend, aiming to surpass the $100K milestone shortly.
Traders are positioning for a rally to record highs after President-elect Donald Trump takes office on Jan. 20
Bitcoin, the king of cryptocurrencies, is often seen as a symbol of financial freedom. But recent discussions suggest Wall Street might be manipulating its price for their gain. Altcoin Daily recently shared insights on potential market manipulation and upcoming opportunities for Bitcoin.
Michael Saylor says burning Bitcoin address holder wallets' pass keys after their death could boost BTC's value in the long run.
The Bitcoin mining hashrate is climbing steadily toward a new all-time high (ATH), a significant milestone that signals growing confidence among miners despite Bitcoin's relatively subdued price action. This development could have long-term implications for Bitcoin's price and the broader cryptocurrency market.
Metaplanet plans to expand its Bitcoin holdings to 10,000 BTC in 2025, leveraging innovative financing strategies amidst predictions of a Bitcoin price surge to $200,000.
2024 was an extraordinary year for bitcoin, marked by an event of historical significance: the movement of five block rewards from 2009, which had remained untouched since they were mined. Last Year's Genesis Echo On Sept. 20, 2024, between block heights 862,079 and 862,087, five ancient coinbase rewards, collectively worth 250 BTC, were spent.
From crash to comeback, BTC sets the tone for 2025.
The cryptocurrency market showed strong upward momentum today, with the global crypto market cap rising by 0.75%, to reach $3.53 trillion. The total crypto market volume over the last 24 hours is $89.64 billion, reflecting a 1.38% increase. The total volume in DeFi stands at $8.08 billion, making up 9.
Metaplanet said it plans to grow its Bitcoin holdings to 10,000 BTC by year-end, leveraging advanced capital market tools. The post Japan's Metaplanet Gears Up for a 10K BTC Stash in 2025 appeared first on Cryptonews.
Crypto market today looks bullish as Bitcoin crossed the $99,000 mark and is trying to touch $100,000 again after a two-week bearish trend. SPX6900 (SPX) and Filecoin (FIL) became the top gainers for today, with a 12% surge in price.
Cryptocurrency analyst James Van Straten noted Sunday that Bitcoin's (CRYPTO: BTC) supply held by long-term holders has reached a bottom and the accumulation period could potentially begin. What Happened: Van Straten took to X to share his insights on Bitcoin's supply and market trends.
10x Research's founder Markus Thielen said the Federal Reserve's decisions remain Bitcoin's “primary risk” slowing it from another price surge.
Bitcoin (BTC) could be on the verge of experiencing multiple months of new all-time highs in 2025, according to well-known crypto analyst PlanB. In his latest update, PlanB shared his bullish outlook for the flagship cryptocurrency, predicting that Bitcoin will continue to break its own records, with many months of price surges expected.
As Ripple signs more US deals, market eyes the SEC's January 15 appeal deadline, pivotal for XRP's future.
Elon Musk is reportedly gearing up to introduce a new Bitcoin (CRYPTO: BTC) and cryptocurrency feature called "X Money" on his rebranded platform, X, formerly Twitter. What Happened: According to a leak reported by influencer Alex Finn and MacRumors contributing researcher Aaron Perris on Friday, "X Money" might launch without needing approval from all 50 states.
Metaplanet's expansion goal aligns with forecasts that government Bitcoin adoption could spur broader institutional investment in 2025.
Could a million Bitcoin Reserve solve the U.S.'s $36 trillion debt crisis?
The wallet supports both Bitcoin and the sidechain Liquid Network, and is generally aimed at onboarding users in the Global South.
On January 5, Microstrategy‘s Michael Saylor posted the BTC chart on the SaylorTracker website.
Metaplanet holds 1,762 Bitcoin and wants to increase its stash by 467% to hold 10,000 in total.
Bitcoin, currently priced at $98,309, commands a market capitalization of $1.94 trillion with a 24-hour trading volume of $19.92 billion. It has fluctuated within an intraday range of $97,292 to $98,626, presenting a pivotal moment for its trajectory. Bitcoin On the 1-hour chart, bitcoin probes the $98,000 resistance level after rebounding from $97,277.
Bitcoin tests $100K resistance as on-chain metrics spark bullish signals.
Bitcoin miner MARA has taken an unexpected turn in its strategy, lending out 7,377 BTC—roughly 16% of its total reserves. At today's prices, that's about $726 million worth of Bitcoin.
Michael Saylor suggests burning Bitcoin keys at death to increase scarcity and value. Supporters call it bold; critics fear market disruption.
Bitcoin bulls keep pushing for $100,000, and if they make it, SUI, ENA, SOL and ICP could also break out.
Rich Dad Poor Dad author Robert Kiyosaki says Bitcoin (BTC) and precious metals are set to explode on the back of rampant central bank money printing. Kiyosaki tells his 2.
According to MARA, the mining company's Bitcoin holdings are now valued at $4.2 billion, assuming a price of $93,354 per BTC.
Metaplanet has unveiled plans to significantly expand its Bitcoin holdings, aiming to reach 10,000 BTC by the end of 2025.
Enterprise software firm MicroStrategy is announcing a $2 billion fundraising plan to purchase more Bitcoin (BTC). In a new company press release, MicroStrategy says it's looking to accumulate more of the top crypto asset by market cap in 2025 to strengthen its position in the market.