Bitcoin (BTC) reached a new ATH of $107,700 in the 2nd week of December. The current rally is giving bullish vibes for early 2025. The Fear and Greed Index has reached 87, indicating significant investor interest. The worldwide crypto market cap is $3.72 trillion, up 1%, with trading volumes up 34% to $211 billion.
Despite these massive movements, Bitcoin has shown impressive resilience, with prices remaining remarkably steady above $107,000.
As Bitcoin hits a new all-time high, Ethereum is finally catching up. With a breakout event preparing for a high-momentum rally, the fundamental factors and sentiments hint at a new peak.
Bitget, a South Africa-based cryptocurrency exchange, has recently announced that it received a Bitcoin Service Provider (BSP) license in El Salvador, opening the doors to start operating locally.
Ethereum's whale dominance suggests strong bullish sentiment, but could trigger liquidity-driven price corrections.
Crypto exchange Bitget secures authorization to provide Bitcoin-related services in El Salvador, marking a significant step in its expansion into Latin America's growing crypto market.
Ethereum has broken through the $4,000 price level, driven by Bitcoin's new all-time high and positive market sentiment ahead of political transitions, while technical indicators and market projections suggest potential for further gains toward new record highs.
The Asian MicroStrategy, Metaplanet Inc., has announced the issuing of the fourth series of ordinary bonds worth 4.5 billion yen. They are valued at approximately $30 million, and like its other issuances, this fund will be directed toward purchasing more Bitcoin (BTC).
Bitcoin's (BTC) price hit another milestone on Tuesday, touching historic peaks above $107,000. While the Fear and Greed Index reads “Extreme Greed,” Ripple's XRP and Algorand (ALGO) attracted the attention of altcoin enthusiasts. Bitcoin breaks ATH records The leading crypto by market cap stirred the markets today after hitting the $107,780 all-time high.
The US spot Bitcoin ETFs registered a net cash inflow of over $636 million on Monday amid a notable decline in BTC supply on centralized exchanges.
Bitcoin prices are going above $1,000,000 USD. But that isn't a good thing.
On-chain data shows the Bitcoin long-term holders are selling. Here's whether the current level of selloff is enough for a price top or not.
In a recent interview with CNBC, Michael Saylor, founder and chairman of MicroStrategy, drew an interesting parallel between Bitcoin (BTC) and New York City, referring to the market's leading cryptocurrency as “cyber Manhattan.
Bitcoin surged to an all-time high of $107,780 and is currently trading at $106,618. Mt. Gox moved 1,620 BTC ($172M), raising speculation over potential sell-offs.
No sooner than Bitcoin barged above $107K, the Ethereum price managed to rise above $4000, which seems to have flipped the market sentiments of the traders. With the sluggish price action, a portion of the market participants had turned uncertain about the next price action.
Ethereum's largest whale wallets now hold 57% of the total Ether (ETH) supply, marking an all-time high for whale dominance in the Ethereum ecosystem. The post Top 104 Ethereum Whales Now Control 57% of All ETH, New High in Whale Dominance appeared first on Cryptonews.
A move from the U.S. Federal Reserve to cut interest rates stands to bolster recent 'Bitcoin Santa Rally' sentiment, eyeing $160K as global monetary policies ease. The post Analysts Eye $160K Bitcoin as Global Monetary Policies Ease: Could a ‘Santa Rally' be the Trigger? appeared first on Cryptonews.
XRP's surge came after Ripple announced today's stablecoin launch.
Michael Saylor, Chairman of MicroStrategy and prominent Bitcoin advocate, has proposed a controversial strategy to tackle the United States' soaring $36 trillion national debt. Speaking in a recent interview, Saylor positioned Bitcoin as a transformative asset that could provide long-term financial security for the nation, much like Manhattan's historical economic growth.
Should countries create national Bitcoin reserves in 2025? What are the benefits of Bitcoin adoption for nations?
Metaplanet is doubling down on Bitcoin as it announces a 4.5 billion yen bond issuance to accelerate its crypto expansion plans.
Bitcoin (BTC) surged past $107,000, reaching a new all-time high of $107,780 after President-elect Donald Trump reiterated his plans to create a US Bitcoin strategic reserve similar to the country's strategic oil reserves. BTC is up 2.42% over the past 24 hours and 10% over the past week as its post-election rally continues.
Bitcoin has achieved a new all-time high above $107,000, driven by strong institutional demand through ETF inflows and whale accumulation, while technical indicators and market metrics support the current price levels.
Tokyo-listed company Metaplanet has announced its plans to issue 4.5 billion yen (approximately $30 million) worth of ordinary bonds to accelerate its Bitcoin purchases. This move is part of Metaplanet's broader strategy, which mirrors MicroStrategy's approach of accumulating Bitcoin as a key asset.
Ethereum faces rising selling pressure with increased exchange inflows. Declining Open Interest signals reduced liquidity and potential price challenges.
Japanese tech company Metaplanet has raised 4.5 billion yen through zero-interest bonds to fund Bitcoin purchases, while its stock price has surged 4,000% to all-time highs, pushing its market cap past $1 billion.
On Monday, Ethereum spot exchange-traded funds (ETFs) experienced momentum, recording a total net inflow of $51.1256 million. The post ETH ETFs Gain Momentum, BlackRock Sees Inflows of $30.7M appeared first on Cryptonews.
In an address to the Bundestag on December 16, Christian Lindner (Free Democratic Party – FDP), the former Finance Minister of Germany, delivered a scathing critique of the current government's stance on Bitcoin and broader crypto regulation.
A person who bought Bitcoin at the start of this year may have seen a growth of at least 152.1% in its value. It's impressive, isn't it? Recently, Bitcoin achieved a crucial milestone of $100K. Currently, the market shows an extremely bullish outlook.
Growing institutional confidence is indicated by Bitcoin's record-breaking gain and consistent ETF inflows. According to statistics from SoSoValue, Bitcoin (BTC) spot ETFs showed a net inflow of $637 million on Dec.
The rise of Ethereum (ETH) price beyond $4k in the past 24 hours has rejuvenated the sentiments for a parabolic bull run for the entire altcoin industry.
Traders have drawn attention to Bitcoin as the star token leads the markets towards new highs. With a new ATH at $107,000, the global market capitalisation surges above $3.74 trillion, signalling the possibility of reaching $4 trillion in the next few months.
Metaplanet, popular as Japan's MicroStrategy, has raised an additional 4.5 billion Japanese Yen through the issuance of ordinary bonds to fund the company's additional Bitcoin buying. The bonds, which will carry no interest, were issued to EVO FUND and have a maturity date of June 16, 2025.
Major corporations are increasingly considering Bitcoin as a reserve asset to hedge against inflation and economic instability, following the lead of pioneers like MicroStrategy.
The now-defunct crypto exchange Mt. Gox moved $172.54 million worth of Bitcoin to an unknown wallet as the market continues to gain momentum. The post Mt. Gox Transfers $172M Bitcoin as Market Hits ATH appeared first on Cryptonews.
On Monday, December 16, Ethereum (ETH) price climbed above $4,000 again, with historical data suggesting that the return could be the beginning of a prolonged bull market. This development comes as several analysts opine that ETH could follow in Bitcoin's (BTC) steps after the latter reached another all-time high.
Michael Saylor and Fred Thiel exchange public messages on X.
Ethereum's ETF market has reached a new milestone, with spot Ethereum ETFs recording an all-time high of $855 million in net inflows between December 9 and December 13, 2024. This surge reflects an increasing appetite for regulated Ethereum investment products, especially among institutional investors in the United States.
Bitcoin price has continued to make new records every day, indicating a strong market confidence towards the asset. Notably, this rally comes amid soaring institutional interest and whale accumulation, which suggests that the demand for BTC remains strong despite the recent rally.
While the world is eyeing Bitcoin some countries are still against Bitcoin mining which is the only surviving factor for Bitcoin. The global issue is getting more complex as Bitcoin surges to a new ATH of $107K today and demand is going to rise in the future.
Bitcoin recently reached a new all-time high (ATH) of $107,600, marking a significant milestone in the evolution of cryptocurrency. This spectacular rise occurred after a landmark event in the crypto ecosystem.
Popular crypto analyst Michaël van de Poppe thinks Bitcoin's future gains this cycle could dwarf the progress BTC has already made. Van de Poppe tells his 753,500 followers on the social media platform X that the top crypto asset by market cap could reach $500,000 in price this cycle.
SkyBridge Capital founder Anthony Scarammuci has predicted that the price of Bitcoin could skyrocket to $200,000 in 2025 in a recent interview with The Wall Street Journal.
Bitcoin (BTC) is increasingly outperforming gold and has become the preferred strategic reserve.
Justin Sun, the founder of Tron (TRX), is once again making headlines in the cryptocurrency world with a significant move involving Ethereum (ETH). The blockchain entrepreneur has applied to withdraw 52,905 ETH, which is valued at approximately $209 million, from Lido Finance (LDO).
Lido Finance has announced its decision to end staking services on the Polygon network, citing limited user adoption, evolving DeFi trends, and a renewed strategic emphasis on Ethereum. The post Lido Staking Protocol to Cease Operations on Polygon, Shifts Focus Back to Ethereum appeared first on Cryptonews.
The altcoin market has exploded after Bitcoin (BTC) broke through its vital $100,000 level and set a new ATH of $107,780. As the world's leading cryptocurrency continues to trade above this crucial level, altcoins are preparing to set record highs.