Zeus Network has validated the first Bitcoin transaction on the Solana blockchain. On Dec. 12, Zeus Network achieved a historic milestone by successfully validating the first Bitcoin transaction on Solana using its infrastructure.
The two founders behind a leading blockchain data firm are diving into what has fueled Bitcoin's (BTC) most recent venture past $100,000. According to Glassnode co-founders Jan Happel and Yann Allemann, inflation data sparked this week's BTC rally to over $100,000.
Nigel Green, CEO of the deVere Group, has made a bold prediction that Bitcoin could skyrocket to $150,000 by mid-2025. This comes on the heels of Bitcoin crossing the $100,000 milestone for the first time, marking a 134% increase in value year-to-date.
The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.
Argentine President Javier Milei has outlined key policy initiatives for 2025, emphasizing free currency circulation and pro-crypto regulation.
Bitcoin (BTC) surged back above the $100,000 threshold this week, fueled by speculation surrounding the Federal Reserves anticipated interest rate cuts. Renewed optimism drove Bitcoin to a session high of $101,201 on Wednesday after days of volatility, as investors reacted to favorable inflation data from the U.S. Bureau of Labor Statistics.
Bitcoin, the worlds largest cryptocurrency, continues to make waves in the financial world with its astronomical growth and sky-high forecasts. Michael Saylor, co-founder and executive chairman of MicroStrategy, recently sparked a lively debate within the crypto community with a tweet boldly proclaiming Bitcoin as better money.
BlackRock research suggests that including Bitcoin in a diversified portfolio offers similar risk to holding major technology stocks. The post BlackRock Suggests 2% Bitcoin Allocation in Diversified Portfolios appeared first on Cryptonews.
Bitcoin miners have reached a monumental milestone, raking in a cumulative $71.49 billion in revenue since the cryptocurrencys inception. According to on-chain analytics firm Glassnode, this figure, as of Dec. 5, underscores the robust economic incentives and security driving the Bitcoin network.
Bitcoin's potential for returns is undeniable, but BlackRock, the world's largest asset manager, is telling investors to pump the brakes. In its latest analysis, the company recommends keeping Bitcoin allocations to a cautious 1-2% of a portfolio.
Cryptocurrency markets are trading lower on Thursday as President-elect Donald Trump rang the bell at the New York Stock Exchange. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,666.97 -1.7% Ethereum (CRYPTO: ETH) $3,882.77 +1.8% Solana (CRYPTO: SOL) $228.16 -0.9% XRP (CRYPTO: XRP) $2.36 -3.2% Dogecoin (CRYPTO: DOGE) $0.404 -3.2% Shiba Inu (CRYPTO: SHIB) $0.00002804 -4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses falling by 11.9%.
Galaxy CEO Mike Novogratz recently took to the X social media network to highlight the significance of BlackRock's recent Bitcoin allocation recommendation, describing it as "massive."
A State Representative in Texas just introduced legislation to establish a strategic Bitcoin Reserve. This bill is part of a growing trend to introduce similar reserves in several states and internationally.
The draft legislation suggested that Texas residents could fund the Bitcoin reserve through voluntary donations.
Asset management giant BlackRock is reportedly promoting Bitcoin (BTC) as a part of a balanced portfolio.
In an interview this past fall, Riot Platforms CEO Jason Les said the company would be open to AI opportunities if the right deal came along.
BlackRock said the risk of holding a certain amount of bitcoin is comparable to the risk generated by the Magnificent Seven mega-cap tech stocks.
Australia has a superannuation system requiring employers to allocate a portion of an employee's earnings to a retirement account.
A closely followed crypto analyst believes the altcoin bull market is only just getting started as Bitcoin (BTC) may soon print new all-time highs.
Nano Labs Ltd (Nasdaq: NA), a Chinese fabless integrated circuit design company, has disclosed its updated Bitcoin (BTC) holdings. The announcement, made on December 12, 2024, comes as the company continues its expansion into cryptocurrency-related investments and strategic initiatives.
Fourteen years ago, Satoshi Nakamoto, the enigmatic mind behind Bitcoin, signed off with a final post on the Bitcointalk forum. In this farewell, Nakamoto emphasized the need for continued work on the network's defenses against denial-of-service (DoS) attacks.
Texas House of Representatives introduced a Bitcoin reserve bill amid a torrent of crypto adoption chants emboldened by Donald Trump's Nov. 6 political success.
“A strategic bitcoin reserve, investing in bitcoin, would be a win-win for the state,” said Republican State Representative Giovanni Capriglione.
In a latest development, Nano Labs Ltd, a leading fabless integrated circuit design company and product solution provider in China, has recently increased its Bitcoin holdings through the licensed virtual asset exchange HashKey Exchange in Hong Kong.
BlackRock operates a massively successful Bitcoin ETF, but the asset manager still recommends being conservative with the cryptocurrency.
Digital assets displayed bullishness on Thursday as Bitcoin crossed $100,000 again, currently trading at $101,381.90. While BTC's rebound triggered significant uptrends in the altcoin space. Meanwhile, Goatseus Maximus (GOAT) and Chainlink stirred the crypto community for various reasons. Let us find out more.
Asset management behemoth BlackRock has recommended gaining 1-2% exposure to Bitcoin in its recent paper.
The world's largest asset manager, BlackRock, with $11.5 trillion in total assets under management, has unveiled a new report from the BlackRock Investment Institute advocating for a 1% to 2% allocation in Bitcoin on the traditional 60/40 portfolio, composed of a larger portion of equities than bonds.
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On Thursday, December 12th, Texas officially filed a bill to set up a strategic Bitcoin reserve in the Texas House of Representatives. The act serves as a testing ground for the U.S. Treasury.
Representative Giovanni Capriglione filed it live during a 𝕏 spaces.
On Thursday, Dec. 12, Texas Representative Giovanni Capriglione introduced a bill to establish a bitcoin reserve as a financial asset within the state treasury, marking a significant step toward incorporating cryptocurrency into public financial management.
A bill was introduced on Thursday to create a strategic bitcoin reserve following Trump's support for investing in bitcoin.
Bitcoin whales are back in buy mode as BTC price strength continues despite a new stagflation jolt for the US Federal Reserve.
Exodus Movement announced updated figures for its digital asset holdings and swap volume as Bitcoin surpassed the $100,000 milestone. According to a note sent to crypto.
Bitcoin recently hit the $100K mark, and many are wondering if this is the start of a new bull run. Gareth Soloway, Chief Market Strategist of Verified Investing, discussed the recent surge and its connection to broader market trends in an interview with David Lin.
Texas bill proposes creating Strategic Bitcoin Reserve as a hedge against inflation, allowing tax payments in Bitcoin. The post Texas House proposes bill to establish Strategic Bitcoin Reserve appeared first on Crypto Briefing.
Vancouver explores integrating Bitcoin into city finances, aiming to enhance stability, modernize payments amid inflation concerns.
To solidify its position as the top investment in 2025, XRP needs to smash through higher levels, proving it's here to stay - not just a fleeting trend.
Texas State Rep Giovanni Capriglione has filed a Bill to establish a strategic Bitcoin Reserve, aligning with President-elect Donald Trump's grand plans. With the concept of a Bitcoin reserve growing at the Federal level, the Bill has positioned Texas as a front-liner among other states.
The bill aims to establish a strategic Bitcoin reserve in the state of Texas, mirroring efforts on the national level in the United States.
El Salvador's President Nayib Bukele has stirred global speculation after announcing the discovery of an estimated $3 trillion in unmined gold.
Pudgy Penguins surpasses Bored Apes, becoming the second most valuable NFT collection. The floor price of Pudgy Penguins surged 76% in one week, reaching $105,000.
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This move could drive institutional adoption, inspire corporate treasury strategies, and accelerate mainstream integration of digital assets into traditional finance.
Bloomberg has shared a 25-name list of the wealthiest families in 2024, showcasing familiar names like the Walton family and new entries such as Ofer and Thailand's Chearavanont. The top family is reportedly valued at $406.5 billion, while the 25th name on the list has a wealth of $37.4 billion.
TL;DR BlackRock recommends a 2% Bitcoin allocation limit to maintain a balance between risk and reward in investment portfolios. The firm acknowledges Bitcoin's growth potential and its value as a hedge against inflation but warns about market volatility and regulatory uncertainty.