The government of El Salvador raised its daily Bitcoin (BTC) purchase by elevenfold on two separate days in the past week. The Central American country started buying one BTC every day in November 2022, shortly after the crypto exchange FTX imploded. Last Friday, however, El Salvador purchased more than 11 BTC worth $1.

XRP is currently trading at $2.34, up over 7% on the Christmas eve. Analysts predict that XRP could be eyeing a rally to its yearly high of $2.91 after its recent gains.

Data reveals that Bitcoin's total circulating supply has surpassed the 19.8 million mark, a notable milestone as the cryptocurrency edges closer to its maximum supply cap of 21 million. 19.8 Million Bitcoin Mined, Less Than 1.2 Million Left Bitcoin's supply mechanism has always been one of its defining features, with its capped issuance ensuring scarcity.

TL;DR Bitcoin surpassed $98,500 after a 5.65% increase, driven by large volume buyers in the spot market, reviving the “Santa rally.” Optimism grows in the crypto market. BTC reached new local highs and over $40 million in short liquidations in 24 hours.

The latest investigation suggests that North Korean hackers, known as the TraderTraitor group, were behind the Japanese crypto exchange DMM Bitcoin hack. The TraderTraitor hackers reportedly have close ties with the infamous Lazarus Group.

Bitcoin has been struggling to reclaim the $100,000 mark, facing persistent resistance while finding strong support around $94,000. Yesterday brought an interesting twist to the crypto market.

However, the prices of both Bitcoin and Ethereum rose on Tuesday, which could signal a reversal of the current outflow trend.

Here's what you need to know about MicroStrategy's latest BTC plan.

The price of Bitcoin, the leading cryptocurrency by market capitalization, is approaching the $100,000 level once again on Christmas Eve.

The current behavior of Bitcoin's short-term holders pointed at a possible correction before a rebound.

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A new report from the Open Dialogue Foundation details what's coming down the pike regarding regulation around non-custodial Bitcoin and crypto wallets in the European Union, and the organization can use your help as it pushes back against unfavorable proposals.

Last week, Federal Reserve Chairman Jerome Powell wanted everyone to know one thing: the Federal Reserve isn't touching Bitcoin. Not now, not ever.

Bitcoin (CRYPTO: BTC) advocate and MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor asserts that Bitcoin's meteoric rise to over $100,000 has decisively proven its legitimacy and laid the groundwork for its potential ascent to $13 million per coin. In a podcast with Tom Bilyeu published on Dec. 17, Saylor predicted Bitcoin will grow at an average annual rate of 29%, fueled by increasing institutional participation and broader educational initiatives aimed at demystifying the asset.

As the market continues to rattle in the wake of last week's hawkish Federal Open Market Committee (FOMC) conference, hopes of a Bitcoin ‘Santa Claus rally' appear snubbed. The post Holiday Cheer Snubbed as Bitcoin Price Plummets 15% – Is the ‘Santa Rally' Dead? appeared first on Cryptonews.

Bitcoin smashed through the $100,000 mark this month, erasing doubts about the career choices of Wall Street elites who risked everything for crypto. These weren't small-time players—they were Ivy League graduates and high-powered financiers from companies like Morgan Stanley and BlackRock.

Bitcoin (BTC) retraced below the $100,000 psychological level, bringing uncertainty for some and a buying opportunity for others. As a display of the latter, exchanges registered over $2 billion in BTC outflow from their accounts in a week – the largest Bitcoin outflow this year.

Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,100.74 +5% Ethereum (CRYPTO: ETH) $3,478.79 +4% Solana (CRYPTO: SOL) $196.49 +6% XRP (CRYPTO: XRP) $2.31 +6.1% Dogecoin (CRYPTO: DOGE) $0.3338 +6.9% Shiba Inu (CRYPTO: SHIB) $0.0000231 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 158.7%.

In December 2024, Bitcoin experienced a slight decline of 2.4%, raising questions about the end of the bull market. Despite this drop, BTC remains a winning asset for the year, with an increase of nearly 50% in the fourth quarter.

Bitcoin's short-term outlook continues to appear negative as volatility mounts in the general crypto market. Over the past few days, the digital asset has dropped as high as 11% since reaching a new all-time high, triggering speculation within the community about an extended price correction to previous support levels.

According to widely-followed crypto influencer ‘artchick,' Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) will not be the main meme coin beneficiaries of a rally. The influencer's forecast hinges on Bitcoin (CRYPTO: BTC) maintaining its momentum and Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) outperforming.

Microstrategy's treasury operations secured 3,177 bitcoins last week—worth $299 million—intensifying its aggressive BTC acquisition push and reinforcing its position as the largest corporate bitcoin holder.

Rexas Finance leads the charge in real-world asset tokenization, alongside Shiba Inu, Binance Coin, and Tron, as altcoins poised for exponential growth in the next Bitcoin rally. #partnercontent

Bitcoin bulls everywhere may be in for a green Christmas as BTC price action sees a snap rebound.

Bitcoin bulls everywhere may be in for a green Christmas as BTC price action sees a snap rebound.

MicroStrategy (MSTR), the business intelligence firm, is in the news again. This time, there are speculations that the Michael Saylor-led firm plans to issue 10 billion MSTR shares to purchase an additional $3 trillion worth of Bitcoin (BTC).

The ignition of a new phase of the 2024 cryptocurrency bull market in early November appeared to promise a parabolic Christmas for Bitcoin (BTC) but as more recent trading proved, something might have burned out during the rocketing.

Recently, during a press conference after the monetary policy meeting, Fed Chair Jerome Powell made it clear that Fed has no intentions of taking part in any government plan to accumulate Bitcoin.

Crypto analyst TradingShot has provided insights into the Bitcoin price recovery to $150,000. He analyzed the Fibonacci levels to provide insights into how Bitcoin could reach this new high, although the analyst suggested that there could be more price correction before that happens.

The Bitcoin market fell a bit in the early hours on Tuesday, but at this point in time, the market is looking to rally a bit. It has been strong since the bounce at the 50 Day EMA earlier.

TL;DR Robinhood has discussed internally the possibility of holding Bitcoin but has no current plans to do so. Despite not holding Bitcoin in its treasury, Robinhood's stock is closely correlated with the cryptocurrency's performance.

Michael Saylor, founder of MicroStrategy business intelligence firm, who is currently its executive chairman in charge of its Bitcoin strategy, has taken to the X social media platform to reveal last week's net benefit paid to the company's BTC shareholders.

Bitcoin (BTC) and Ethereum (ETH) together carry more than $19.8B in options expiries this December 27, potentially signaling market volatility.

As Bitcoin rallies toward a potential $180,000 mark, savvy investors are searching for undervalued altcoins with significant growth potential. While Solana has garnered attention, alternatives like Rexas Finance (RXS), Cardano (ADA), and PEPE present promising opportunities. These tokens stand out due to their unique features, affordability, and potential for exponential gains in the coming months.

The clock is ticking on Bitcoin's total supply. According to Bitcoin historian Pete Rizzo, there are now officially less than 1.2 million BTC left to be mined.

As 2024 approaches its end, crypto enthusiasts are waiting for the “Santa Claus Rally”. Will the kind of crypto close the year with a boom or will we see a silent closing? Bitcoin is hovering around $96,316 with a slight dim of 0.35% from December opening.

Bitcoin's rise and subsequent fall from its new ATH of $108,200 spurred quite a bit of market activity. Last week's price volatility led to spikes in both spot and derivatives trading, with rising volumes and sky-high liquidations showing the market's aggressive reaction to the price drop.

Bitcoin has danced between $95,575 and $96,050 in the past hour, boasting a market cap of $1.87 trillion, with trades totaling $56 billion in the last 24 hours, and prices swinging from $92,441 to $95,674 within the day.

MicroStrategy is getting ready for an important shareholder vote to decide if the company can raise more money to support its big Bitcoin plans. The company wants to raise $42 billion over the next three years to strengthen its position as a leader in using Bitcoin.

Bitcoin's (CRYPTO: BTC) strong correlation with global M2 money supply has raised concerns of a potential price correction, according to Joe Consorti, Head of Growth at Theya (YC). What Happened: Consorti highlighted Bitcoin's close relationship with global M2 money supply in a post on X on Dec.19, saying "Bitcoin has followed global M2 with extreme precision since September last year.

Tether, a global fintech company and issuer of the largest stablecoin, USDT, will be searching for new use cases for crypto in the real-world segment. Also, together with partners, Tether will be moving toward new accomplishments in other types of "core freedoom tech," following a strategic investment in Rumble.

Prominent Bitcoin maximalist and former financial journalist Max Keiser has voiced a new ultra-bullish Bitcoin price prediction based on newly emerged data. Now, he believes BTC is likely to soar as high as $2,200,000 per coin in the long term.

Digital assets saw minor gains over the past 24 hours as the Fear and Greed Index read neutral at 55. However, prevailing performances suggest trend shifts. Bitcoin eyes price levels above $97K with USUAL and Hedera's HBAR in for the Santa rally. Bitcoin signals recoveries BTC trades at $94,230 after losing 1.

Bitcoin plunged to a December low of $92,442 on Dec. 23, quashing optimism for a Santa Claus rally. The sharp correction comes after a 14.5% fall from its all-time high, leaving traders wary of festive season volatility.

Robert Kiyosaki, the millionaire investor and author of Rich Dad Poor Dad, has once again expressed his unwavering confidence in Bitcoin, urging investors to view its recent price dip as a buying opportunity. In a post on the social media platform X, Kiyosaki addressed the concerns of Bitcoin investors who are lamenting its falling value.

After recovering from the interim lows at around $92,400, the Bitcoin price has been consolidating below $95,000 for over a couple of days. As a result, these levels have become one of the pivotal levels to secure that could pave the way for the price to reclaim $100K at the earliest.

The crypto market is now stabilizing after facing a rough patch, with the total market cap now holding firm roots at $3.31 trillion. The intraday trade however saw a decline of 1.50%, taking the numbers to $150.08 billion.

The price of Bitcoin (BTC) continues to fall, losing nearly 15% in just six days, which is quite painful for a $2 trillion asset. Of course, such a performance changes the sentiment of crypto market participants from bullish euphoria to fear, uncertainty and doubt.