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news-imageDecember 17, 2024

Bitcoin: Trading The End Of Days

Bitcoin has to go up a long way from current levels to be attractive at $100,000. Are we around the top or are we in a foothill of this crypto cycle?
Publisher: Forbes
Sentiment: Neutral
BTC

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Positive
cover-imageBenzinga
December 17, 2024

Raoul Pal Predicts 'Violent Upside' For Bitcoin, Targets $250,000

Raoul Pal, macro strategist and founder of Real Vision, discussed his bullish outlook on Bitcoin's (CRYPTO: BTC) current market position, predicting more upside for the apex crypto. In a new ‘The Journey Man' podcast published on Sunday, Pal emphasized Bitcoin's pivotal role in shaping the financial future and its potential for exponential growth.

Positive
cover-imageThe Currency Analytics
December 17, 2024

Bitcoin DeFi TVL Hits Record High, Surpasses BNB Chain

Bitcoin (BTC) has made waves in the decentralized finance (DeFi) sector with a significant surge in its Total Value Locked (TVL), which has reached an all-time high (ATH) of $6.9 billion. This remarkable growth has enabled Bitcoin to surpass BNB Chain, securing its position as the fourth-largest blockchain by TVL in DeFi.

Positive
cover-imageBenzinga
December 17, 2024

Bitcoin Price Sets All-Time High Of $108,388, Then Dips To $106K: What Is Going On?

Bitcoin (CRYPTO: BTC) spiked to another all-time high of $108,388 at the start of the U.S. trading session but reversed its gains in line with broader stock market losses. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bitcoin (CRYPTO: BTC) $106,171 $2.1 trillion -0.2% +8.6% Ethereum (CRYPTO: ETH) $3,933 $474 billion -0.2% +6.8% XRP (CRYPTO: XRP) $2.58 $147.6 billion +8.8% +18.1% Trader Notes: Technical analyst Kevin warned in a post on X that USDT dominance remains at a critical support level, likely impeding prices from going higher.

Positive
cover-imageInvezz
December 17, 2024

Bitcoin hits new all-time high above $107,000 as Fed rate cut looms

Bitcoin climbed to a new all-time high on Monday, surpassing $107,000 as investor sentiment strengthened ahead of a widely anticipated interest rate cut by the Federal Reserve later this week. The price of the world's largest cryptocurrency rose as high as $107,229.38, marking a new record, before settling at $106,126.

Positive
cover-imageTrustnodes
December 17, 2024

Bitcoin Crosses $108,000

Bitcoin has risen above $108,000 for the first time with the currency gaining for much of the week ahead of the expected Fed cut tomorrow.

Positive
cover-imageCoinPedia
December 17, 2024

Are You Buying Bitcoin? Whales Add $7.3 Billion in BTC

Bitcoin (BTC), the world's largest cryptocurrency by market cap is gaining significant attention from crypto enthusiasts following its impressive performance. Today, December 17, 2024, a prominent crypto expert made a post on X (previously Twitter) that whales have purchased a significant 70,000 BTC worth nearly $7.30 billion.

Positive
cover-imageCoinPedia
December 17, 2024

Bitcoin Hits $108K For The First Time In History

In an exciting development, Bitcoin has hit the $108,000 level, and is currently trading at $108,223, up over 2% in the past day. Notably, Bitcoin is up almost 60% since the election, largely driven by Trump's incoming administration's support for cryptocurrencies, including the President-elect's promises to create a strategic Bitcoin reserve.

Neutral
cover-imageCryptoSlate
December 17, 2024

EU urged to follow El Salvador's lead with Bitcoin reserves by European MP

European Union Member of Parliament Sarah Knafo has urged the bloc to prioritize a Strategic Bitcoin Reserve instead of moving forward with the European Central Bank's (ECB) digital euro project. In a Dec. 17 video shared on X, Knafo criticized the ECB's plan for a centralized digital currency, arguing it risks financial freedom and overreach.

Neutral
cover-imageBenzinga
December 17, 2024

Is A Bitcoin Strategic Reserve A Good Idea? Expert Pushes Back: 'Just Buy BTC Yourself'

Austin Campbell, CEO of fintech company WSPN Payments, voiced strong opposition to the idea of a strategic Bitcoin reserve, advocating instead for personal ownership of Bitcoin (CRYPTO: BTC). What Happened: In a detailed thread posted on X on Sunday, Campbell acknowledged Bitcoin's value as an asset but warned against governments or corporations taking speculative positions in BTC.

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