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news-imageJune 7, 2024

Bitcoin Price Targets $80k as US NFP Data Sends BTC Market Supply to All-Time Low

Bitcoin price rose a daily peak of $71,400 on June 7, having held the $70,000 support for 2 consecutive days, mounting LONG positions in the derivatives markets suggests imminent BTC price discovery phase.
Publisher: FXEmpire
Sentiment: Positive
BTC
NFP

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cover-imageCryptoSlate
December 13, 2024

Regulated exchanges dominate Bitcoin trading volumes

The trading volume ratio between KYC and non-KYC exchanges provides interesting insight into the market's behavior. The ratio illustrates how traders interact with regulated and unregulated platforms and how their activity affects price movement.

Positive
cover-imageBitcoinist
December 13, 2024

Vancouver Champions Bitcoin: City Council Approves Pioneering Motion

The Vancouver City Council approved a motion to explore integrating Bitcoin into its financial operations. The measure, introduced by Mayor Ken Sim and passed at the December 11, 2024 Standing Committee meeting, directs staff to investigate accepting BTC for city taxes and fees and the feasibility of incorporating it into the city's financial reserves.

Positive
cover-imageBitcoin
December 12, 2024

Keep 2-3% of Your Net Worth in Bitcoin: Thomas Peterffy Advises

Peterffy wants to see more investors add bitcoin to their assets but keep their holdings to a minimum. Investors Should Add Bitcoin to Assets Billionaire founder of Interactive Brokers Group, Thomas Peterffy has advised clients to acquire some bitcoin but to keep their holdings small due to the volatility of the asset.

Positive
cover-imageCryptonews
December 12, 2024

Texas Rep. Giovanni Capriglione Files Proposal for Strategic Bitcoin Reserve

Texas Rep. Giovanni Capriglione has filed a proposal to establish a strategic Bitcoin reserve in Texas, allowing the state to accept taxes and donations in Bitcoin, enhancing fiscal stability and promoting cryptocurrency innovation. The post Texas Rep. Giovanni Capriglione Files Proposal for Strategic Bitcoin Reserve appeared first on Cryptonews.

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cover-imageBenzinga
December 12, 2024

Bitcoin, XRP, Dogecoin Move Down, Ethereum The Best Of The Bunch: 'Expecting True Breakout Before Christmas,' Announces Trader

Cryptocurrency markets are trading lower on Thursday as President-elect Donald Trump rang the bell at the New York Stock Exchange. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,666.97 -1.7% Ethereum (CRYPTO: ETH) $3,882.77 +1.8% Solana (CRYPTO: SOL) $228.16 -0.9% XRP (CRYPTO: XRP) $2.36 -3.2% Dogecoin (CRYPTO: DOGE) $0.404 -3.2% Shiba Inu (CRYPTO: SHIB) $0.00002804 -4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses falling by 11.9%.

Positive
cover-imageThe Currency Analytics
December 12, 2024

Vancouver City Adopts Bitcoin-Friendly Stance to Secure Future Wealth

The motion, introduced by Mayor Ken Sim, emphasizes Bitcoin's potential to preserve the city's wealth for the long term. During the council meeting, Mayor Sim argued that Bitcoin's finite supply and decentralized nature make it a reliable financial tool, especially as a hedge against inflation and the devaluation of fiat currencies.

Positive
cover-imageCoindesk
December 12, 2024

BlackRock Recommends 2% BTC Allocation

Asset management giant BlackRock, with over $10 trillion AUM, recommends investors allocate 1% to 2% of their portfolio towards bitcoin. Plus, wallets connected to President-elect Donald Trump's World Liberty Financial project purchased millions of dollars worth of altcoins, and Vancouver wants to become a "bitcoin-friendly city.

Positive
cover-imageCoingape
December 12, 2024

Nano Labs Reveals Bitcoin Exposure, Here's How Much They Hold

Nano Labs Ltd (Nasdaq: NA), a Chinese fabless integrated circuit design company, has disclosed its updated Bitcoin (BTC) holdings. The announcement, made on December 12, 2024, comes as the company continues its expansion into cryptocurrency-related investments and strategic initiatives.

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