Unique spot Bitcoin and Carbon Credits Futures ETF S-1 proposal was submitted to U.S. SEC by fintech heavyweight Nexo. Nate Geraci, a top crypto ETFs expert, is optimistic about its prospects.

Bitcoin's current price is $97,384, with a 24-hour trading volume of $69.42 billion and a market cap of $1.92 trillion. Today, it danced between $95,444 and $99,496, signaling a market in a state of flux.

Cathie Wood, CEO of ARK Invest, has reiterated her optimistic outlook on Bitcoin (BTC) in a recent interview with Bloomberg, suggesting that significant political and regulatory changes could propel the cryptocurrency to new heights.

Hut 8, one of North America's largest Bitcoin mining firms, recently revealed a significant purchase of 990 BTC for around $100 million, increasing its total Bitcoin holdings to over $1 billion.

This week was one of two distinct halves for the price of Bitcoin, with the premier cryptocurrency rising to a new all-time high and dropping by about 13% a few days later. On Friday, December 20, the BTC price dropped to as low as $92,000.

Multiple U.S. states are reviewing Bitcoin reserve bills, while crypto advocates are pushing for similar proposals in other states.

The debate about Bitcoin remaining faithful to its cypherpunk principles has heated up, as critics claim that its potential for decentralization and anti-control is disappearing. Meanwhile, Peter Todd, one of the coin's developers, suggests “tail emission” as an alternative.

Ki Young Ju, CryptoQuant founder, says it is possible for the United States to strategically accumulate Bitcoin (BTC) to address a portion of its debt. He stated this in a post on X as part of the ongoing debate among cryptocurrency analysts and financial experts.

Popular crypto analyst and broadcaster Max Keiser has recently commented on the proposal by Michael Saylor for the United States to create a $10 trillion stablecoin pegged to Bitcoin, calling this idea not plausible given the restrictive policy of USD. Keiser framed the US dollar as “the ultimate proof-of-stake shitcoin,” emphasizing that it derives its

Vaneck's projection of bitcoin reaching $180,000 by the end of 2025 is considered ambitious but possible, with experts citing BTC's historical outperformance and potential U.S. strategic reserve status as key factors.

The cryptocurrency market has recently gone through a correction period, with Bitcoin leading this decline. According to a recent report, the realized losses have exceeded the weekly average, signaling a possible end to this correction.

Amid the talks of building a strategic Bitcoin reserve under Donald Trump's administration, experts have started weighing in on the feasibility of such a proposal and to what extent it would help in reducing the massive $36 trillion US national debt. Wyoming Senator Cynthia Lummis, who has been actively pushing for this proposal has shared

Bitcoin (BTC) is currently under significant market scrutiny as its exchange transfers have plummeted to record lows. This drop in exchange activity has raised concerns about a potential negative impact on Bitcoin's price.

MicroStrategy founder Michael Saylor shared Friday a proposal for establishing a strategic Bitcoin reserve. The proposal suggests that such a Bitcoin (BTC) reserve could generate between $16 and $81 trillion in wealth for the U.S.

Bitcoin's drop of around 10% in the last 24 hours was dwarfed by ethereum and smaller, top ten cryptocurrencies that crashed back by between 15% and 25%

The cryptocurrency market surge has delivered exceptional returns for hedge funds like Brevan Howard and Galaxy Digital.

Mainstream adoption of cryptocurrency will be achieved through meaningful association with name brands outside the financial and tech sectors.

Veteran trader Peter Brandt is warning that a bearish signal is flashing for Bitcoin, indicating that BTC might head to much lower prices.

Amid yesterday's crypto market slump, the US Securities and Exchange Commission (SEC) approved the first-ever dual Bitcoin (BTC) and Ethereum (ETH) index exchange-traded funds (ETFs) from Franklin Templeton and Hashdex. The ETFs are scheduled for launch in January 2025.

The price of Bitcoin fell to around $92,000, Friday afternoon, December 20 after the US Federal Reserve's rate cut triggered a sharp selloff in the crypto market. However, the premier cryptocurrency seems to be recovering nicely, having returned above the $97,000 level on the same day.

Bitcoin's price surge toward the $100,000 mark on December 20 appeared bittersweet for investors in the US spot Bitcoin exchange-traded funds (ETFs). While Bitcoin briefly exceeded $99,000 earlier in the day, the positive price movement contrasted sharply with the net outflows from Bitcoin spot ETFs, which saw a significant drain of capital.

Renowned tech visionary Balaji Srinivasan, former CTO of Coinbase and GP of Andreessen Horowitz, shows two charts to display the rocketing opportunities of AI large language models (LLMs) and Bitcoin ETFs. Both are in their "vertical" growth phases, he says.

Bitcoin has once again surged to new heights, surpassing its previous all-time high and reaching $108,300. This impressive rally is part of Bitcoin's continued push into uncharted price territory, fueled by growing investor demand and positive global market sentiment.

OTC desks inventory see their largest monthly inventory decline for 2024 down by 26k BTC signaling increased demand for Bitcoin by institutional investors.

Bitcoin (BTC) recorded a mild recovery after falling straight from the $102,000 to $92,000 zone. The biggest crypto has been unable to reclaim the $100K mark even after many recent attempts, which has begun to spread doubt and FOMO among investors.

As Bitcoin currently faces a downturn and now seeing a recovery suggesting a preparation for its next bull run, market participants appears to be analyzing trends in exchange leverage and liquidity. Particularly, CryptoQuant has pointed out that leverage ratios on centralized exchanges have become a focal point, offering insights into the potential risks and opportunities shaping the crypto market.

Michael Saylor, co-founder and chairman of business intelligence firm MicroStrategy, has unveiled a comprehensive crypto framework aimed at further integrating Bitcoin and other digital assets into the US economy.

Adrian Zduńczyk, a certified market analyst, forecasts that Bitcoin price might undergo two more 20% to 30% dips before BTC hits a peak of $225,000 in this bull run. This outlook suggests that the recent crash was normal and that the uptrend will continue.

President-elect Donald Trump has said he will sign an executive order to create a Bitcoin reserve on his first day in office. This has left many wondering how it could impact crypto's current four-year boom-bust cycle and lead to a crypto supercycle.

MicroStrategy founder Michael Saylor has expressed strong support for President-elect Donald Trump's proposal to establish a strategic Bitcoin reserve. The post Michael Saylor Supports Trump's Strategic Bitcoin Reserve in New Policy Proposal appeared first on Cryptonews.

Bitcoin (BTC) is pushing to regain its six-figure valuation following a period where it risked falling below $90,000 support zone. However, on-chain data suggests a new record high could be on the horizon amid the recent volatility.

Michael Saylor, the Executive Chairman of MicroStrategy, has outlined a Bitcoin strategy to position the United States as a global leader in the digital economy.

Bitcoin surges 4.30%, trading at $98,466. Key resistance at $99,460 could dictate its next move as altcoin season wanes. Read the full analysis. The post Will Bitcoin Stabilize Above $100K: Altcoin Season Over? appeared first on Cryptonews.

Amid a wider readjusting of market expectations for interest rate cuts by the Federal Reserve (Fed) for 2025, investors withdrew a record $680 million from Bitcoin ETFs on Thursday, the highest outflow in a single day since January's approval of these investment funds. Grayscale And Bitwise Bitcoin ETFs Experience 8% Decline As Bitcoin ETFs faced this outflow, the price declined, dropping another 5% to trade around $97,400 to close the week.

There's no denying that cryptocurrency is a polarizing asset class. While it's beginning to receive some level of interest at an institutional level, I'd wager that the majority of crypto enthusiasm still resides among retail investors.

Bitcoin investors have hit a new milestone: the average profit per Bitcoin holder is now a staggering $67,088, according to data from Whale Alert. This marks a significant achievement in the world of cryptocurrency, and it's worth noting that this figure surpasses the average annual salary in the United States, which stands at $62,027 in 2024.

The total crypto market cap is above $3.550 trillion once again.

Key Points:

The US Spot Bitcoin ETF has ended its 16-day inflow streak this week, as the crypto market recorded a massive pullback. Amid this, BlackRock Bitcoin ETF (IBIT) recorded its highest outflow since launch, sparking concerns among investors.

The crypto market is reeling from a massive sell-off as Bitcoin and other major cryptocurrencies experience significant losses. Over the past 24 hours, a total of 361,972 traders were liquidated, leading to over $1.17 billion in losses.

Bitcoin buying led by Coinbase launches BTC price action back toward the six-figure mark.

This week, the LATAM cryptocurrency landscape demonstrated its dynamic nature once more. El Salvador has decided to continue with its Bitcoin purchases, despite the IMF's warnings, while MetaMask innovates by launching its crypto debit card for Mexico, Colombia and Brazil.

Bitcoin's price correction could continue, but analysts see no reason for concern.

Bitcoin has faced a significant correction, dropping 15% from its all-time high of $108,300. This price decline marks a sharp shift in market sentiment, which has quickly transitioned from an extremely bullish outlook to one of uncertainty and caution.

Macro investor and fund manager Dan Tapiero says that Bitcoin (BTC) reaching $200,000 in 2025 is viable. In a new thread, Tapiero tells his 123,500 followers on the social media platform X that once the US government tightens up fiscal policy, the top crypto asset by market cap will skyrocket.

In a significant move for the cryptocurrency industry, Groupe BPCE, France's second-largest bank, has received approval to offer Bitcoin and cryptocurrency investment services to its vast customer base of 35 million users.

The world of cryptocurrencies is in turmoil as mentions of "Buy the Dip" on social media reach their highest level in eight months. According to recent data, this trend was observed after the price of BTC fell below the psychological threshold of $100,000 on December 19, 2024.

Robert Kiyosaki, a renowned businessman and the author of a highly successful financial book series, Rich Dad Poor Dad, in a recent post on X, warns about the possibility of a global financial crisis. He advises people to invest in gold, silver and Bitcoin to protect wealth. Here is what you should know.