Bitcoin's recent rally could continue, with analysts forecasting that the cryptocurrency may rise to $122,000 next month before entering a phase of consolidation. According to Markus Thielen, the head of research at 10x Research, Bitcoin is exhibiting a clear pattern of price movement in increments of $18,000.
Pro-crypto Wyoming Republican Senator Cynthia Lummis has been named the first-ever chair of the new Senate panel devoted to digital assets. The panel will focus on passing bipartisan legislation that boosts the industry while protecting investors, with a specific focus on market structure, stablecoins and a strategic bitcoin reserve.
Bitcoin shows strength due to traders' hope of a crypto-related executive order from Pres. Trump, but analysts warn that a dip below $101,000 could kick off a $1.3 billion long liquidation.
Senator Cynthia Lummis (R-WY), known as the "Crypto Senator," has been named Chair of the Senate Banking Subcommittee on Digital Assets. What Happened: This appointment signals a renewed push by the United States to establish clear regulatory frameworks for digital assets while advancing initiatives like a U.S. strategic Bitcoin (CRYPTO: BTC) reserve, an idea championed by Lummis and supported by President Donald Trump.
TL;DR The price of Bitcoin reached $106,000 after Cynthia Lummis's announcement about “big things,” but then dropped when it was revealed that it was not about a national Bitcoin reserve.
Over the last few days, Bitcoin has displayed remarkable price performances and resilience, surpassing its previous all-time high of $108,000, achieved last December. However, many investors continue to face a setback as BTC's profitability decreases significantly.
Kansas State may adopt a proposal to invest up to 10% of employee retirement funds into spot Bitcoin exchange-traded funds (ETFs) if State Senator Craig Bowser's bill passes.
Tron founder Justin Sun has declared that Wrapped Bitcoin (WBTC) has effectively become the United States' national Bitcoin reserve.
The ongoing crypto market resurgence has sparked wild accumulations among savvy investors. A prominent investor known for his timely investment in Bitcoin (BTC) in 2013 and Solana (SOL) in 2021 has returned to the market to point out three tokens under $5 to watch in 2025.
The Nasdaq-listed company called Bitcoin a “hedge against inflation and a safeguard against currency risks.”
Across ETFs, spot and futures trade, bitcoin combined for $130 billion volume yesterday.
Michael Saylor, Bitcoin maximalist and MicroStrategy's executive chairman, has taken to his account on the social media X platform (widely known as Twitter in the past) in the past to deliver a Bitcoin-themed MicroStrategy message to his multi-million army of followers.
Bitcoin and cryptocurrencies kicked off a new era with the inauguration of the first ever pro-crypto president. The key question is whether the shift towards crypto-positive regulation and rising market activity is a sustainable one or a temporary reaction to changing political tides.
Bitcoin reached an all-time high of $108,300 on Dec. 17, corrected to $89,000, and now consolidates around $102,000. It's poised between further bullish momentum and potential continued correction.
Bitcoin, the world's leading cryptocurrency, has faced several ups and downs in its market journey, and recent data suggests that short-term holders are now selling at a loss. This shift is raising concerns about Bitcoin's immediate future but also presents potential opportunities for long-term investors.
Bitcoin is flying high Thursday as momentum builds around a potential strategic national BTC reserve under President Trump.
The fund will be overseen by a board of trustee that will report to the state governor.
El Salvador started accumulating BTC under Bukele's leadership, fueling speculation about Trump's strategic reserve promises.
Fathom Holdings has taken a major step towards redefining real estate innovation with a major Bitcoin (BTC) move. On January 23, the real estate service platform announced that its Board of Directors had agreed to include BTC as a treasury strategy.
“A censored regime holding censorship-resistant money feels unlikely,” wrote CryptoQuant's CEO.
Despite recent fluctuations, Bitcoin (BTC), the leading cryptocurrency, remains a focal point of discussion among investors and industry leaders. Following its record high of $109,000 just days ago, Bitcoin's bullish momentum has waned, prompting renewed interest in its future potential.
Glassnode's data shows bitcoin's trajectory mirrors the midpoint of the 2015-2018 market cycle, suggesting potential for further growth.
In a recent development, pro-crypto Senator Cynthia Lummis became the chairman of the Senate Banking Subcommittee on Digital Assets, as confirmed by herself on X (Formerly Twitter). Lummis is known for being a strong advocate for cryptocurrency and blockchain technology, often referred to as a “crypto-friendly” legislator.
The total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin's total hash rate – a significant jump from 21% in 2023. IREN, CLSK, RIOT, and MARA achieved more than 100% YoY hash rate growth.
BlackRock, one of the biggest investment companies in the world, has given crypto enthusiasts a new reason to be excited. Its CEO, Larry Fink, has said that Bitcoin can be expected to make huge price moves, potentially reaching the $700K mark soon.
The price of the leading cryptocurrency Bitcoin (BTC) has literally skyrocketed today as the possibility of the Bitcoin Strategic Reserve being announced in the near future has quickly soared after a post by Senator Cynthia Lummis.
Investor risk appetite is shrinking, driving up demand for USDC. Is it time to pull back?
Amidst the ongoing controversy over serial ETH dumps by Ethereum Foundation, Bitcoin.com CEO claims “this cycle may skip ETH” due to Ethereum's ill-timed “wokie energy.
Sen. Cynthia Lummis's post ahead of her announcement sent bitcoin's price up $4,000 but the gains did not last long.
Umoja announced yBTC, a yield vault token that provides over 20% annual percentage yield on staked Bitcoin.
Fears related to the devaluation of national currencies are gaining new momentum following an important statement by Larry Fink, CEO of BlackRock, at the World Economic Forum in Davos. In fact, the leader of the world's largest asset manager mentioned the possibility of Bitcoin reaching $700,000, driven by increasing institutional adoption.
BTC price volatility returns with a vengeance as US Senator Cynthia Lummis leaks a cryptic 10am announcement.
Some rumors link the fluctuations to a statement by Sen. Lummis.
Bitcoin kicks off 2025 with bullish momentum, but can the rally sustain? We dive into miner recovery, sentiment, and market dynamics for insights.
Odds that a national bitcoin reserve will launch this year have risen to 60%, from 40% earlier this month.
The bill provides for a dedicated board of directors and annual monitoring of investments.
The Thursday session has seen more buying on the dip in the bitcoin market, as the market looks ready to accept the $100,000 level as a bit of a floor. Even if it does not, we are still very much in a widely supported consolidation area.
The cryptocurrency market has pared broader gains after a bullish recovery seen on Wednesday faded with Bitcoin (BTC) leading top coins lower. As Ethereum (ETH), XRP (XRP) and Solana (SOL) shed gains by more than 5% each, Arbitrum (ARB) and Filecoin (FIL) also flipped red.
Bitcoin (BTC) traded relatively flat on Wednesday, with its price being rejected around the $107,000 mark, forming a double-top pattern.
Bitcoin rose to $106k, after dipping to $101k, after Senator Cynthia Lummis tweeted that big things are coming with the bitcoin symbol.
Two venerable cryptocurrencies that have experienced outstanding increases in their respective breakout years are Ripple (XRP) and Bitcoin (BTC). In 2017, XRP surged an incredible 12,732%, jumping from $0.00302 to $0.4018, while BTC shot 7,698%, from $15 to $1,484. Rexas Finance (RXS), a recently launched coin valued at just $0.
TRON (TRX) has recently gained attention by outpacing major blockchain networks like Bitcoin (BTC) and Ethereum (ETH) in terms of transaction efficiency. A new analysis from CryptoQuant reveals that TRON has achieved the highest Transaction-to-Price Ratio (TPR), a metric that measures the efficiency of transactions relative to the price of its native cryptocurrency.
Senator Cynthia Lummis will make a significant announcement at 10 am, potentially revealing new developments on a strategic Bitcoin reserve. The post Senator Lummis to unveil major development regarding strategic Bitcoin reserve at 10 a.m.
Petrobras is interested in bitcoin mining as a complementary activity. Marcelo Curi, a blockchain and crypto architect at Petrobras, has stated that the company is researching this and other Web3 applications to reduce carbon emissions.
In a recent development, Fathom Holdings, a national, technology-driven, end-to-end real estate services platform today announced that its Board of Directors has approved the inclusion of Bitcoin (BTC) as a key asset under the Company's treasury management program.
Sellers have again seized the initiative, according to CoinStats.
Larry Fink, the CEO of the $10 trillion asset management giant BlackRock, sees a world in which the price of Bitcoin (BTC) reaches a whopping $700,000.