A federal judge denied BiT Global's request for a temporary restraining order, allowing Coinbase to delist WBTC, or Wrapped Bitcoin.

Bitcoin's price has taken a noticeable dip after reaching an all-time high of $108,000. The sharp drop has left many investors questioning the reasons behind this sudden turn in the market.

U.S. Federal Reserve Jerome Powell said the central bank is not allowed to hold bitcoin and is "not looking for a law change."

Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. central bank has no desire to be involved in any government effort to hold large amounts of bitcoin.

The price of Bitcoin is testing $100,000 after Fed Chair Jerome Powell issued a statement on the central bank's ability to hold BTC. Powell took questions from reporters after announcing the Fed it has lowered its key interest rate by a quarter percentage point in its third consecutive reduction.

Bitcoin ETFs surpass gold with $129 billion in assets. BlackRock's Bitcoin Trust leads, managing $60 billion in Bitcoin ETFs.

A Bitcoin (BTC) whale that last transacted about 44 months ago has awakened and moved over half a billion dollars worth of the flagship crypto asset, according to on-chain data.

Federal Reserve chair Jerome Powell reiterated the bank's position on a Bitcoin reserve from an existing legal perspective.

Bitcoin (BTC) fell to a low of $100,300 following hawkish comments by Fed chair Jerome Powell during the Federal Open Market Committee's (FOMC) Markets retreated lower despite the expected 25 basis point cut in the US interest rate, bringing the rate to the 4.5% to 4.75% range.

The total crypto market cap is down by another $200 billion in a few hours.

Jack Mallers, CEO of the payment application Strike, has made headlines with his bold prediction that Bitcoin could reach a staggering $1 million per coin. This would represent an approximately 871% increase from its current price of around $106,994.

Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) $0.00002458 -8.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%.

The integration allows BOB, a "hybrid L2," to use Bitcoin as its anchor chain where transactions with assets from other chains can be irreversibly recorded.

Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in the new year.

The draft executive order by the Bitcoin Policy Institute seeks to extend the conversations regarding the U.S. establishing a strategic bitcoin reserve. Establishing Bitcoin as a National Asset for Americans The Bitcoin Policy Institute has drafted an executive order for President Trump‘s consideration aimed at establishing a strategic bitcoin reserve.

The ETF, which Grayscale spun off from its older Grayscale Bitcoin Trust, now holds around $4 billion in assets.

The price of bitcoin sailed past $100,000 in early December and was still up more than 130% year-to-date, as of Dec. 18.

From MicroStrategy splitting its stock to major banks acquiring crypto firms, bitcoin is about to enter its “Wall Street” era.

Whether you're a casual player or a high roller, Bitcoin will improve your experience.

As expected, on December 18, 2024, the Federal Reserve lowered the key interest rate by 25 bps, the third consecutive reduction so far in 2024. However, this rate cut announcement cautioned us about additional reductions in the coming years.

Editor's Note: The spelling of Michael Saylor's name has been corrected in the headline. Financial market commentator Peter Schiff on Tuesday criticized Michael Saylor's comparison of MicroStrategy Inc.‘s (NASDAQ:MSTR) debt-financed Bitcoin (CRYPTO: BTC) buying strategy to Manhattan real estate.

For the third time this year, the United States Federal Reserve, led by Jerome Powell, has implemented its third interest rate cut. Amid the disclosed relative health of the US economy, the Federal Reserve Chairman hinted that the risks to achieving employment and inflation goals appear balanced.

Bitcoin investors realized profits as BTC price hit new all-time highs throughout November. Now that the metric has reset, new highs could be in store.

As the world of digital payments evolves, crypto payments and stablecoins are emerging as twin engines driving innovation in consumer and business transactions across both Main Street and Wall Street. For consumers, the allure of cryptocurrencies lies in their ability to bypass traditional financial systems, providing faster, cheaper and more autonomous transactions.

Bitcoin continues its bullish ascent, surpassing key resistance levels and setting its sights on a significant target of $130,000. Analysts highlight a combination of technical indicators and shifting market sentiment as drivers of this potential rally.

The price of bitcoin, already lower from yesterday, dipped below $104,000 in the minutes following the announcement.

The Federal Reserve cut rates by 25 basis points as expected, but Fed Chair Jerome Powell's hawkish press conference

MicroStrategy Inc. (NASDAQ:MSTR) is doubling down on its strategy to maximize shareholder value through what Saylor calls “intelligent leverage.” The software-turned-Bitcoin (CRYPTO: BTC) proxy firm has become a major player in the cryptocurrency market, attracting significant investor attention due to its bold approach to Bitcoin accumulation.

The chief investment officer of crypto asset management firm Bitwise predicts Bitcoin will surge well beyond $200,000 if the US ever launches a BTC strategic reserve.

Bitwise CIO Matt Hougan said he saw the odds of a bitcoin reserve becoming reality at about 50%, while the implications for the price would be huge.

Ohio proposes the Ohio Bitcoin Reserve Act to hedge against dollar devaluation by investing in Bitcoin as a state reserve asset. The post Ohio lawmaker pushes for state-backed Bitcoin reserve appeared first on Crypto Briefing.

Bitcoin sees classic BTC price sell-side pressure into the Federal Reserve's next key decision on interest rates.

Speculation is growing that MicroStrategy (MSTR) could halt Bitcoin (BTC) purchases in January due to a rumored blackout period on issuing shares or convertible debt.

The Ohio Bitcoin Reserve Act seeks to incorporate bitcoin into the state's financial reserves while diversifying its investment portfolio. Rep. Merrin Wants Bitcoin in Ohio's State Treasury Ohio State Representative, Derek Merrin has introduced the Ohio Bitcoin Reserve Act, a legislative bill granting the state treasury the authority to invest in bitcoin (BTC).

As the countdown to Christmas begins, the crypto market is buzzing with anticipation to see if the festive spirit will ignite a record-breaking rally this year. Historically, Bitcoin (BTC) has delivered a “Santa Rally” during halving years, characterized by bullish price movements in the week leading up to Christmas.

With Bitcoin (CRYPTO: BTC) prices peaking to all-time high levels, MicroStrategy's (NASDAQ:MSTR) aggressive Bitcoin accumulation strategy has once again become a focal point in discussions among traders and analysts. What Happened: In a tweet on Monday, industry expert Alex Kolicich addressed common misconceptions about MSTR in a recent tweet, explaining that the stock is neither a leveraged nor a synthetic call option on Bitcoin.

Bitcoin's recent price action and funding rate data reveal a market that is both stable and poised for growth. Analysts have pointed to healthy funding rates, with no signs of excessive speculation or overheating, suggesting that Bitcoin's bullish momentum has plenty of room to continue.

According to a report from Blockspace Media, there's a new entity on the block that has quietly climbed to become the third-largest publicly listed mining firm in terms of hashrate.

Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.

Bitcoin hit a new high of $108,000 recently. President-elect Donald Trump confirmed on December 12th that he would implement a Bitcoin Strategic Reserve, and there are also rumors about Russia adopting a similar plan. These developments have sparked discussions about how they could affect Bitcoin's price and other asset classes.

Bitcoin has retreated from its record high above $108,000, taking a breather from its bullish uptrend. This comes as the Federal Reserve is forecast to issue another rate cut Wednesday and potentially suggest fewer rates cuts than expected in 2025.

SatLayer, a Bitcoin restaking platform, announces strategic partnership with Sui blockchain to expand Bitcoin's utility in DeFi, aiming to merge Bitcoin's security features with Sui's rapid transaction processing capabilities.

MicroStrategy Inc. co-founder and Chairman Michael Saylor says he wants to add more “intelligence leverage” for shareholders. He also talks about potentially advising the Trump administration on crypto and says he's still buying up Bitcoin.

MicroStrategy Inc. co-founder and Chairman Michael Saylor says he wants to add more “intelligence leverage” for shareholders. He also talks about potentially advising the Trump administration on crypto and says he's still buying up Bitcoin.

The overton window has officially shifted and Bitcoin is going mainstream.

Arthur Hayes, the former CEO of BitMEX, has recently warned that Bitcoin may experience a “vicious sell-off” when Donald Trump takes office. In a detailed blog post, Hayes expressed skepticism about Trump's ability to fulfill his ambitious promises regarding cryptocurrency, including making the U.S. “the crypto capital of the world” and establishing a Bitcoin reserve.

Bitwise Chief Investment Officer (CIO) Matt Hougan has predicted that Bitcoin could easily reach $500,000 if the Strategic Bitcoin Reserve happens. The Bitwise CIO explained how the introduction of the Bitcoin Reserve would cause a ripple effect that would send the flagship crypto to this price target.