TL;DR The proportion of long-term Ethereum holders increased from 59% to 75% in 2024, highlighting growing confidence compared to Bitcoin. The proportion of long-term Bitcoin holders dropped from 70% to 62%, impacted by sales during periods of market volatility and euphoria. Ethereum attracted more institutional interest, doubling net inflows into ETFs in December.

MicroStrategy, the software maker turned Bitcoin development company, increased its total holding to 446,400 BTC.

Hong Kong legislator Wu Jiexhuang suggested the region should start adding Bitcoin to its national reserves as a way to boost financial security.

On Monday, while bitcoin (BTC) prices hovered between $92,850 and $93,150 over the last hour, Microstrategy founder Michael Saylor took to X to share that his firm snagged 2,138 BTC for $209 million at $97,837 each.

Hong Kong legislator Wu Jiezhuang has proposed integrating Bitcoin into the region's fiscal reserves to enhance financial security.

Anthony Sassano, a prominent Ethereum advocate and educator, shared his views on Dec. 30, 2024, regarding why he believes Bitcoin is less decentralized than Ethereum. In his post on social media platform X, Sassano detailed several points comparing the two blockchain networks.

Another Monday leads to another MicroStrategy purchase.

Bitcoin (BTC) might be a store of value (SoV) for over $1.03 trillion in equivalent across all exchanges and wallets. This massive sum is calculated by combined CEXes and OTC transfer indicators, CryptoQuant platform CEO Ki Young Ju says.

Business intelligence firm MicroStrategy has acquired an additional $209 million, according to a Monday announcement.

Donald Trump's election last month sparked a cryptocurrency rally, with bitcoin's price hitting record highs. Weeks later, the momentum of that run seems to be waning, Bloomberg News reported Monday (Dec. 30).

The crypto markets have reached the edge of the annual trade, which has historically been bullish. Meanwhile, the current market sentiments and the trade pattern suggest the Bitcoin price rally may maintain the sluggish trend until the end of the year.

MicroStrategy's aggressive Bitcoin acquisition strategy may influence corporate treasury practices, potentially increasing market volatility. The post MicroStrategy bags 2,138 Bitcoin for $209 million, boosting total holdings to 446,400 BTC appeared first on Crypto Briefing.

Bitcoin could become a reserve currency on both sides of the Atlantic. The idea is gaining momentum, although it requires stronger political support.

The race to establish national Bitcoin reserves is reshaping geopolitical strategies as nations around the world seek to position themselves as global financial leaders.

The purchase takes MicroStrategy's total bitcoin holdings to 446,400 BTC.

Bitcoin (BTC) looks set to end 2024 below the $100,000 mark unless a major bump in price occurs before the year ends. The cryptocurrency spent most of the weekend hovering just above $95,000.

MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per bitcoin and has achieved BTC Yield of 47.8% QTD and 74.1% YTD. As of 30th December, the company hodl 446,400 $BTC acquired for ~$27.9 billion at ~$62,428 per bitcoin.

Bitcoin's price has come under pressure due to profit-taking activity during the year-end close, while the overall structure remains bullish.

According to a prominent whale trader, Ethereum (CRYPTO: ETH) could be positioned for a successful first quarter in 2025. What Happened: In a post on X on Sunday, pseudonymous whale trader Eugene Ng Ah Sio emphasized that Ethereum is poised to capitalize on the more pro-crypto environment in the U.S. following Donald Trump's election victory.

Treasury Secretary Janet Yellen said she expects the debt ceiling to be reached around the inauguration date for President-elect Donald Trump.

Bitcoin's market cap stands at $1.85T, with $34.56B in 24-hour trading volume. Breaching $92K could lead to further declines, while $98K remains a critical resistance.

The country plans crypto regulations based on a "same business, same risks, same rules" approach. China holds 190K Bitcoin, the second-largest after the U.S., with Hong Kong considering it for its reserves.

Politician and entrepreneur Wu Jiezhuang—a member of the Hong Kong Legislative Council and the National Committee of the Chinese People's Political Consultative Conference—has called for the inclusion of Bitcoin in the city's fiscal reserves.

As President-elect Donald Trump prepares to take office in 2025, the cryptocurrency market hoped that a strategic Bitcoin (CRYPTO: BTC) reserve would take wings and eventually be implemented. Recent developments evoke optimism, with Trump reportedly planning an executive order to create a national stockpile.

On Monday, Janover Inc (NASDAQ:JNVR) announced it will begin accepting payments in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL) for select services. The company's decision aligns with the increasing support for digital assets in domestic policy and broader financial markets.

As the crypto market prepares to close the year, the Ethereum price is showing strength against Bitcoin (BTC) as it aims for a mid-high timeframe reversal. A breakout above a critical resistance level could signal a potential shift in price action, paving the way for Ethereum's dominance and potential rally in Q1 2025.

Thanks to this year's rally in Bitcoin (BTC -0.80%), which recently broke through the $100,000 price level, the concept of a strategic Bitcoin reserve has rapidly transformed from an arcane campaign issue into an economic idea worthy of serious consideration. There's even a piece of legislation, the Bitcoin Act of 2024, that lays out how it might become a reality as soon as next year.

With a hash rate of 273.6 EH/s, Foundry USA Pool remains the industry's largest, dwarfing Antpool's 146.7 EH/s capacity.

Ethereum (ETH) has experienced a remarkable shift in its investor base throughout 2024, with long-term holders increasing steadily throughout the year. Data from IntoTheBlock reveals that by December 30, the proportion of ETH holders who have kept their assets for over a year surged to 75%.

Fundstrat‘s head of research Tom Lee reiterates his forecast that Bitcoin (CRYPTO: BTC) could surge beyond $250,000 within the next 12 months, citing cryptocurrency halving cycles and potential government adoption as key drivers. What Happened: Lee points to Bitcoin's recent halving event, which reduced the new supply of tokens, as a crucial factor supporting price momentum.

Cryptocurrency analysts of Coinidol.com report, Bitcoin (BTC) price has slipped below the 50-day SMA after a rejection of the recent high.

He proposed that Germany allocate a portion of its Bundesbank and European Central Bank (ECB) currency reserves to Bitcoin. His bold idea has sparked interest, though it has yet to make waves in the broader crypto market.

Mike Belshe, CEO of Bitgo, a cryptocurrency services provider, has highlighted the growing interest among companies in adopting bitcoin as part of their reserve portfolios. Belshe remarked that the shift to a more favorable administration and the existence of ETFs have driven this change.

In a significant shift in global financial strategy, Hong Kong and Germany are actively considering the inclusion of Bitcoin in their national reserves, echoing the US's progressive stance on cryptocurrency. Meanwhile, the crypto market buzzes with excitement over iDEGEN, a new memecoin that has successfully raised over $10.

Between December 23 and 27, Bitcoin spot ETFs shed almost $388 million in weekly outflows.

Bitcoin stands at a critical crossroads, with its price hovering near the crucial $93,257 support level. This key price point has acted as a stronghold for the cryptocurrency during its recent ascent, but now, the market is facing mounting pressure.

Since Bitcoin's price began to drop after its recent surge to a new all-time high on December 17, several key metrics have been demonstrating bearish movement, sparking uncertainty about BTC's prospects in the short term. A persistent decline in crucial metrics might lead to a larger drop in BTC's price to previous support levels.

The 2024 – and, hopefully, the 2025 – cryptocurrency bull market is appearing increasingly likely to, along with Bitcoin's (BTC) stellar performance, bring back another development from 2021: Tesla's (NASDAQ: TSLA) acceptance of BTC payments.

Cointelegraph recounts the most memorable moments on X this year which influenced crypto and crypto culture in 2024.

Hong Kong legislator Wu Jiexhuang has proposed leveraging the city's “one country, two systems” framework to include Bitcoin in its national reserves. The post Hong Kong Legislator Proposes Adding Bitcoin to National Reserves for Financial Security appeared first on Cryptonews.

Bitcoin's rally was fueled by Donald Trump's victory in the 2024 U.S. presidential election, but that momentum is slowing as the year winds down. According to a recent Bloomberg report, Bitcoin traded at $93,085 early Monday in London.

Bitcoin ETFs entered negative territory after Powell's press conference.

As the year draws to a close, the attention of all crypto market participants is focused on where, and at what point, the price of the leading cryptocurrency, Bitcoin (BTC), will step into 2025. Despite hitting a new all-time high this month, Bitcoin is currently trading below this coveted mark, which is seen as more of a sign of weakness, even though it is still up 128% since the beginning of 2024.

Former German Finance Minister Christian Lindner has advocated for including cryptocurrencies like Bitcoin in the European Central Bank and Bundesbank reserves to strengthen financial resilience and keep pace with global trends.

It is interesting to note that the current market situation has still not been able to change the optimistic minds of some experts.

After a period of generally sideways movement since mid-November, the Bitcoin price is about to breakout. Will $BTC break up to new highs, or are bears about to break the uptrend with a sharp move to the downside?

In 2024, Ethereum gained a lot of traction among long-term holders, with the percentage of these holders surpassing 75%.

The crypto ETF market witnessed massive outflows last week as Bitcoin price dropped from $108,000 to $93,613, intensifying bearish sentiment.