The cryptocurrency market has endured a significant sell-off that saw its total market capitalization plunge by over $600 billion before it started recovering. In a sell-off that saw Bitcoin drip from a new high around $108,000 to a $92,000 low. The cryptocurrency has, however, since started recovering and despite still being down more than 6.

The cryptocurrency market is facing a significant event, with over $2.6 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts set to expire. This large volume of expiring options has the potential to trigger short-term price volatility for both assets, particularly as both Bitcoin and Ethereum have recently seen declines.

Bitcoin's exchange transfers have dropped significantly, which might have a negative impact on its price.

Marathon Digital Holdings is redefining the narrative around Bitcoin mining by repurposing its excess heat to benefit communities in Finland. In a Dec. 20 statement on X, the company said it provides heating for approximately 80,000 residents through a forward-thinking approach that merges innovation and environmental responsibility.

Bitcoin has faced its first major correction since early November, dropping 13% from its all-time high of $108,364. This sudden pullback has sent shockwaves across the crypto market, shifting sentiment from extreme bullishness to uncertainty and even fear.

The cryptocurrency market has been rocked by a dramatic crash that led to over $1 billion in leveraged liquidations within the past 24 hours. This sell-off was drives by a combination of factors, including a hawkish message from the Federal Reserve and a sharp decline in the value of Bitcoin and other digital assets.

Stablecoin issuer Tether has committed $775 million to rising streaming video platform Rumble, which has adopted a Bitcoin reserve strategy.

Bitcoin's MVRV hits -1.9% as price drops to $97,884. Analysts reveal key support levels and future risks!

Bitcoin (BTC) recently hit an all-time high of $108,364, only to tumble to $92,118 within three days. This dramatic price drop coincides with growing political unease in the U.S., as the federal government faces a potential shutdown.

Bitcoin experienced a sharp decline, falling to $94,000 from its peak of over $100,000. As the market struggles with a change in momentum, a retracement is looming on the horizon.

Bitcoin faces increased selling pressure but retains the potential to rally to a $108,500 target if market sentiment improves.

Concerns surrounding MicroStrategy's Bitcoin strategy and debt obligations have been labeled as exaggerated by Anthony Scaramucci, founder of SkyBridge Capital. Speaking in an interview, Scaramucci dismissed the fears of a financial collapse tied to MicroStrategy's substantial Bitcoin holdings and debt structure, explaining that only a prolonged and systemic Bitcoin crash spanning several years would destabilize

Bitcoin has been on an extraordinary run in 2024, soaring past the $100,000 mark and continuing to display significant momentum. With some market participants hoping for even greater price action in 2025, one expert has cautioned that this could be the peak for Bitcoin, urging caution for those betting on further growth.

Hopefully, SEC Commissioner Hester Peirce isn't playing when she says she'll reconsider in-kind redemptions for spot bitcoin ETFs.

The U.S. Securities and Exchange Commission (SEC) has approved two innovative exchange-traded funds (ETFs) that could change the landscape of crypto investing. The Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF are the first of their kind, combining spot Bitcoin and Ethereum into one investment vehicle.

Japanese investment firm Metaplanet Inc. has raised $60.6 million (9.5 billion yen) through two bond issuances to bolster its bitcoin (BTC) holdings. Metaplanet Completes $60.6 Million Bond Issuance for Bitcoin Purchases The Tokyo-based company announced the completion of its fifth bond series issuance on Dec. 20, raising 5 billion yen.

SkyBridge Capital founder Anthony Scaramucci has described Bitcoin's (CRYPTO: BTC) current price action as part of its typical cycle. What Happened: In an X post on Friday, he explained that Bitcoin is purging leveraged, short-term momentum trades, a normal phenomenon in its market evolution.

The issuance will be divided into ¥250 million units, with zero interest and redemption at face value, maturing on June 16, 2025.

Bitcoins recent price drop below $94,000 has not deterred optimism among experts. Top analyst Lark Davis explains why the crypto bull run could continue into 2025, with Bitcoin surpassing $100,000.

Michael Saylor wants to create a strategic bitcoin reserve to help eliminate the national debt and strengthen the U.S. dollar.

France's Groupe BPCE has received regulatory approval to offer Bitcoin and cryptocurrency investments through its subsidiary Hexarq, targeting 35 million users with services expected to launch in 2025. The post France's Groupe BPCE to Offer Bitcoin and Crypto Investments to 35M Users appeared first on Cryptonews.

Anthony Scaramucci, the founder of SkyBridge Capital, thinks people are blowing things way out of proportion when it comes to MicroStrategy's Bitcoin buying spree. Critics say CEO Michael Saylor has gone too far by taking on billions in debt to buy Bitcoin.

Investor Cathie Wood anticipates a flurry of mergers and acquisitions (M&A) among startups as regulatory changes accompany the Trump administration, she revealed in a recent Bloomberg interview. The leader of Ark Invest, celebrated for her daring forecasts, also doubled down on her prediction that bitcoin could exceed $1.5 million by 2030.

Bitcoin (BTC) mining company MARA says it acquired 15,574 BTC for $1.53 billion after raising $1.925 billion from its zero-coupon convertible notes offerings in November and December. In a post on social media platform X, MARA says it now holds 44,394 BTC following its recent purchase of the flagship crypto asset.

Hyperliquid, Bitget token and Movement added between 25% and 50% to their value this week. The three tokens have extended their gains in the past hour.

Michael Saylor publishes a Bitcoin and crypto framework for the US government, highlighting transparency, decentralization, and innovation. The post Michael Saylor publishes Bitcoin and crypto framework for the US government appeared first on Crypto Briefing.

Cryptocurrency markets saw volatile trading on Friday despite growing interest in spot ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,108.38 +0.3% Ethereum (CRYPTO: ETH) $3,462.57 +2.6% Solana (CRYPTO: SOL) $190.13 -1.3% XRP (CRYPTO: XRP) $2.27 +2.5% Dogecoin (CRYPTO: DOGE) $0.3152 +0.9% Shiba Inu (CRYPTO: SHIB) $0.00002172 +0.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 4.6% and daily active addresses falling by 0.3%.

According to a recent report by The Washington Post, the National Center for Public Policy Research, the conservative think tank that recently made waves with its Bitcoin proposals for Microsoft and Amazon, plans a broader push.

Blockchain intelligence firm Arkham reported that Mt. Gox transferred over $102 million worth of Bitcoin (BTC).

While Bitcoin's volatility may seem intense, this correction is healthy and normal.

The Bitcoin price movements in the past 24 hours have sent the entire crypto market into another state of disarray and liquidations. Particularly, Bitcoin has witnessed a price crash of about 5% in the past 24 hours, which has seen it breaking below the $100,000 psychological price threshold again.

The 12 U.S. spot bitcoin ETFs recorded $680 million in outflows with the broader crypto market continuing to face a downturn. Biggest Outflow Day for Bitcoin ETFs The broader crypto market downturn finally caught up with exchange-traded funds (ETFs) with U.S. spot bitcoin ETFs registering a total net outflow of $680 million on Dec. 19.

Bitwise Asset Management CIO Matt Hougan tells Caroline Hyde why he believes the latest weakness in crypto and Bitcoin over the last few days is a "healthy pullback" which does not take away from the asset class's overall great run this year. He speaks on "Bloomberg Technology.

Michael Saylor revealed for the first time an unprecedented mechanism for illustrating precisely how the United States government could create $81 trillion by creating a Strategic Bitcoin Reserve. The proponent's plan underlines a strategic digital asset policy aimed at strengthening the US dollar to neutralize national debt, place America as a leader of the 21st-century

Bitcoin traders' realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off.

Crypto exchange Coinbase recorded the highest outflow last week, with 10,756 Bitcoin (BTC) withdrawn in one hour. The total volume was worth approximately $1.1 billion, sparking slight bull signals in the market.

If market conditions support, Bitcoin might double its price in 2025!

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, Kristin Smith of the Blockchain Association breaks down which crypto regulations she expects lawmakers to prioritize in 2025.

The crypto market witnessed the sharpest declines in months as Bitcoin crashed to lows of $92k on December 20, 2024. However, the flagship cryptocurrency was back at $97k at the time of writing. Meanwhile, Horizen price led top gainers as Ethereum and XRP flipped positive after crashing to key support levels.

The International Monetary Fund (IMF) has agreed to issue a $1.4 billion loan facility to the government of El Salvador, but there are some strings attached related to the Central American country's Bitcoin (BTC) and crypto adoption policies.

TL;DR Bedrock launches brBTC, a liquid restaking token marking the beginning of BTCFi 2.0, focused on maximizing returns and overcoming Bitcoin's DeFi limitations. BTCFi 2.0 introduces greater cohesion, Layer-2 security, and diversified strategies, integrating Bitcoin into real-world economic applications globally.

Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin (wBTC) as the crypto king crashes below six figures.

Crypto prices fell sharply following the Fed's economic outlook, with major coins down significantly amid a broader market correction.

Bitcoin's (CRYPTO: BTC) sell-off on Friday saw prices dip below $93,000, but Bitwise CIO Matt Hougan argues that the current pullback is a “hiccup” rather than a trend reversal. Hougan sees strong underlying factors including regulatory tailwinds, institutional adoption and Bitcoin purchases by governments as structurally bullish factors for Bitcoin.

Bitcoin's recent performance has reignited interest among investors and analysts, drawing parallels with historical market cycles. Blockchain analytics firm Glassnode reports that Bitcoin's current trajectory resembles previous cycles, including 2015-2018 and 2018-2021, even as the cryptocurrency adapts to changing market dynamics.

On Friday afternoon, crypto markets appeared to catch their breath, though traders remained on edge, bracing for bitcoin's next twist. At press time, BTC was trading at $96,800 to $97,150 per coin, while the broader crypto economy stood at $3.34 trillion—down 2.7% after some recovery.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.