NO BYLINE, THANK YOU Exchange-traded funds (ETFs), governments and MicroStrategy (MSTR) own nearly one-third of all known Bitcoin (BTC) holdings.
TL;DR Dogecoin and other memecoins have seen a significant decline in social media dominance, with traders shifting focus to more established cryptocurrencies like Bitcoin. Santiment's analysis shows a notable decrease in the social dominance of top memecoins, suggesting waning investor interest and a shift towards stable cryptocurrencies.
The ghost of Mt. Gox is back, and this time it's moving mountains of Bitcoins.
James Fickel swapped another 6,500 ETH in exchange for 235.6 WBTC. The popular crypto millionaire further reduced ETH/BTC's long position to repay his debt.
Solana, like a Phoenix, rises from the ashes of FTX. With a 2,000% increase, it makes Bitcoin and Ethereum look outdated, showing record volumes and spectacular inflows.
Bitcoin investors were in a panic mode, but this might be a blessing in disguise!
From tree-lighting ceremonies, carol sing-alongs, to cute gifts, the Christmas spirit is alive and kicking, bringing families and communities together. For cryptocurrency enthusiasts, the joy has doubled on the back of Bitcoin's (CRYPTO: BTC) record-breaking run leading up to the special day.
El Salvador's Vice President Felix Ulloa flaunted the country's Bitcoin reserves as evidence that the country is a model for financial freedom and a digital economy. Ulloa made this statement in a recent discussion with Chinese Ambassador Zhang Yanhui.
The Bank of Italy in its Economic and Financial 893rd research paper published in November 2024 has raised concerns about certain Bitcoin peer-to-peer (P2P) services, calling them “crime-as-a-service.” However, these unregulated services are now seen as key tools for money laundering, especially in countries with weak laws.
The Russian government has announced a six-year ban on cryptocurrency mining in ten regions, effective Jan. 1, 2025, citing concerns over excessive energy consumption. The restrictions, set to last until March 15, 2031, will apply to both individual and pool mining operations, Tass reported.
The crypto market anticipates increased activity as Deribit's record $14 billion Bitcoin options expiry nears.
A financial analyst has warned a $4.
TL;DR Bitcoin has had a remarkable year, reaching new all-time highs, but recently dipped to its 50-day moving average, trading at around $94,500, approximately. Factors behind the pullback include expectations of slower Federal Reserve interest-rate cuts and mixed market reactions to President-elect Donald Trump's push for relaxed US crypto regulations.
Bitcoin needs to dip much harder to deliver even standard December downside, data shows, as BTC price targets continue to focus on the mid-$80,000 area.
El Salvador showcased its Bitcoin achievements during a meeting between Vice President Félix Ulloa Jr. and Zhang Yanhui, the Ambassador of the People's Republic of China. On Dec. 23, Vice President Ulloa emphasized how Bitcoin has transformed El Salvador into a symbol of financial freedom.
Why is Metaplanet doubling down on Bitcoin during a market slump?
Bitcoin price is under downward pressure and key metrics confirm bearishness. Here's why will struggle to BTC recover in the near-term.
Cosmos Network developers have recently sold off Bitcoin, increasing market pressure and sparking concerns over price stability. The move has drawn significant attention from the crypto community, given the scale of the sales and their potential impact on the broader market. With 295.3 BTC worth $27.8 million sold at a price of $94,410.
The recent Bitcoin price action has been marked by a correction from its all-time high of $108,135 achieved just a week ago. Although Bitcoin has largely held up above the $90,000 mark, the correction has seen the cryptocurrency falling to as low as $92,500 in the past 24 hours.
After Bitcoin (BTC) hit a record high of about $108,000, the asset has retreated, facing the threat of dropping below the $90,000 support zone as hopes of a possible Santa rally fade.
XRP, SUI, and HBAR key technical patterns signal bullish breakouts, potential consolidation, and critical price targets as Bitcoin price stagnates.
As 2024 comes to a close, the cryptocurrency world has experienced a year full of milestones. Bitcoin surged past $100,000, Ethereum saw its ETF launch, and stablecoins further solidified their role in global finance. In addition to this Donal Trump-sized U.S. presidential victory and SEC's chair Gary Gensler to resign soon.
A solo Bitcoin (BTC) miner has defied the odds, successfully mining a block and claiming a significant six-figure reward. Amidst a high-risk market where many Bitcoin investors are exercising caution, this remarkable occurrence has captured the attention of the crypto community.
In yesterday's preliminary proxy statement with the SEC, MicroStrategy introduced a plan to increase authorized shares from 330 million to 10.33 billion as part of its $42 billion 21/21 Plan.
Mt. Gox's Bitcoin redistribution leaves the market balancing between sell-off fears and recovery hopes.
Brokerage firm Robinhood has no immediate plans to invest in Bitcoin, despite its growing focus on the crypto sector. The post Robinhood Will Continue Crypto Push But Won't Invest in Bitcoin: CEO appeared first on Cryptonews.
With Trump in office soon, 2025 is highly anticipated to be an exciting year for Cryptos. What are the top Bitcoin predictions and what is their impact on crypto?
Bitcoin struggles amid declining whale activity and institutional demand slowdown. A potential rally to $168K hinges on sentiment and market dynamics.
Bitcoin (BTC) continues to dominate the crypto industry, shaping adoption trends and influencing global finance. With 2025 approaching, institutional interest, government engagement, and retail adoption are driving its momentum.
Bitcoin ($BTC) is still following a local downward trend, and has now lost 13%, equal to $11,000, since the last all-time high of $108,000. Can $BTC now start to recover, or is there more downside to come?
MicroStrategy has convened this special meeting to allow shareholders to vote on about three proposals that will see to it that it achieves its goals.
MicroStrategy has proposed a substantial increase in its authorized shares to enhance its ability to pursue its Bitcoin-focused strategy. The post MicroStrategy Proposes Significantly Increasing Number of Shares to Buy More Bitcoin appeared first on Cryptonews.
The volatility on the crypto market is thinning out, as showcased by key liquidation figures. Data from CoinGlass pegs shows that this total liquidation has been at $240 million in the past 24 hours.
Since the start of this year, MicroStrategy Incorporated has witnessed a growth of approximately 426.00%. In the last two months alone, the market has surged by over 55.28%. Highlighting the enviable growth MicroStrategy achieved through its massive investment in Bitcoin, Michael J.
Options on spot bitcoin ETFs open the door for institutional investors, boosting market liquidity and institutional engagement, an analyst says.
TeraWulf is leasing 70 MW of its data center infrastructure to Core42 for AI services, diversifying its revenue as it faces rising Bitcoin mining costs and industry challenges.
Japanese police revealed Tuesday that hackers affiliated with the North Korean regime are likely behind the $307 million attack on crypto exchange DMM Bitcoin.
In a country famous for runaway inflation and a currency weaker than yesterday's promises, the peso has risen by over 40% against its trading partners' currencies this year.
Bitcoin has corrected by over 15% from its recent all-time high of $108K dampening hopes for a traditional Santa Claus rally this holiday season.
Cocoa, an unlikely commodity, has become the best-performing asset of 2024, surpassing bitcoin, the U.S. stock market, and other commodities such as gold. Experts predict that prices will likely continue to rise due to relentless demand and climate adversities.
The FBI, Japan's National Police Agency, and the Department of Defense Cyber Crime Center have confirmed that North Korean-linked hackers orchestrated the May 2024 $305 million breach of the Japanese crypto exchange DMM Bitcoin. A joint statement issued on Dec.
The odds of a Magnificent 7 company announcing Bitcoin adoption in 2025 have increased considerably to 77%, as per data on prediction markets. With BTC gaining mainstream adoption and special recognition by the upcoming Donald Trump administration, expectations have surged regarding the growing corporate adoption of Bitcoin.
Wall Street kicked off the week in a holiday rally, sending the S&P 500 up 0.73%. The Dow Jones Industrial Average climbed a modest 0.16% after early losses, and the Nasdaq Composite surged 0.98%, fueled by heavyweights like Nvidia, Tesla, and Meta Platforms.
Matador announced its plans to add Bitcoin and USD-denominated assets to its balance sheet. The company plans to allocate $4.5 million to Bitcoin purchase in December 2024.
SOL, AVAX, and LINK have posted notable gains from the larger-cap alts.
Cosmos Network developers have made significant moves with their crypto holdings, transferring 295.3 Bitcoin (BTC), valued at approximately $27.7 million, from funds raised during their 2017 Initial Coin Offering (ICO). This marks the first transfer of Bitcoin by the team in nearly two years, according to blockchain analyst Yu Jin.
The sustained outflows from Bitcoin ETFs reflect a growing sense of caution among institutional investors amid volatile market conditions.
The cryptocurrency world is buzzing with speculation following reports that the United Arab Emirates (UAE) may hold over $40 billion worth of Bitcoin. If true, this would make the UAE one of the largest institutional holders of the world's most valuable cryptocurrency, even surpassing Bitcoin reserves held by the United States and China.