Bitcoin, the largest cryptocurrency by market cap, rebounded sharply, gaining over $3,000 within hours and challenging bearish predictions. The sudden recovery has renewed optimism, with industry leaders forecasting substantial growth for 2025 despite ongoing market volatility.
Bitcoin's (BTC) price faces a potentially massive rally as on-chain factors remain positive. Whales and institutional investors have repositioned assets to favor an uphill narrative ahead of 2025.
Software company MicroStrategy (MSTR) bought up an additional $209 million worth of bitcoin (BTC-USD) — or 2,100 bitcoin — according to its latest filing with the Securities and Exchange Commission (SEC). Market Domination host Julie Hyman, Yahoo Finance markets reporter Josh Schafer, and Interactive Brokers chief strategist Steve Sosnick monitor MicroStrategy's stock moves as its bitcoin-buying activity appears to be slowing over the past several weeks.
Donald Trump clinched the presidential nomination in November, creating a frenzy of bitcoin price predictions that range from a modest $130,000 to a mind-bending $49 million per coin.
Tether has transferred 7,629 BTC, valued at approximately $700 million, to its Bitcoin reserve address. The transaction originated from Bitfinex's hot wallet on the morning of December 30.
The U.S. government has made it clear that it will not be purchasing Bitcoin in 2025, opting instead to focus on managing its existing holdings. As of now, the U.S. Treasury holds a significant amount of Bitcoin—around 183,850 BTC—and its strategy for managing these assets is becoming a key part of broader discussions on cryptocurrency reserves.
The ETF Store CEO Nate Geraci highlighted that crypto-related exchange-traded funds (ETFs) led inflows in 2024, with the eight largest funds launched this year belonging to the sector. The list includes four spot Bitcoin (BTC) ETFs, two Ethereum (ETH) ETFs, and two MicroStrategy ETFs.
A leading cryptocurrency firm forecasted that Bitcoin price would surge next year, fueled by President-elect Donald Trump's proposal for a US Strategic Bitcoin Reserve.
Legendary analyst Peter Brandt has provided a bearish outlook for the Bitcoin price. He predicted it could crash to as low as $78,000 and explained why he holds such a bearish sentiment.
Genius Group invested another $10 million into Bitcoin to complete a 6-weeks accumulation spree.
Ethereum ETFs closed the week strong with inflows above $300 million while bitcoin ETFs saw outflows of close to $400 million. Last Week of 2024 Sees Outflows for Bitcoin ETFs and Inflows for Ethereum ETFs Bitcoin and ethereum exchange-traded funds (ETFs) experienced mixed fortunes in the final week of 2024.
A crypto strategist known for accurately calling Bitcoin's retracement earlier this year warns that BTC is flashing signals that could lead to an extended corrective period.
Thanks to its strategic focus on the core pillars of the crypto ecosystem, HYPE has built a highly profitable business model.
The co-founders of the blockchain analysis platform Glassnode are laying out how Bitcoin (BTC) can reclaim six figures and more. Glassnode and Swissblock co-founders Jan Happel and Yann Alleman, who share the social media handle Negentropic, start by comparing BTC's current situation to a similar scenario from a few years back.
Brian Morgenstern, a Riot Platforms Public Policy Executive has shared insights into how the Joe Biden administration's Operation Chokepoint 2.0 spread to the Bitcoin mining industry. With the similar aims that the regime's debanking efforts had, Morgenstern said the goal remains to “unplug” miners from the energy grid.
Cryptocurrency markets are trading sideways on a low-volume Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,335.84 +1.2% Ethereum (CRYPTO: ETH) $3,399.26 +1.7% Solana (CRYPTO: SOL) $195.53 +2.1% XRP (CRYPTO: XRP) $2.11 -0.8% Dogecoin (CRYPTO: DOGE) $0.32 +1.9% Shiba Inu (CRYPTO: SHIB) $0.00002158 -0.04% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 53.99% and daily active addresses falling by 0.07%.
Bitcoin, the number one cryptocurrency by market cap, has put an abrupt stop to opinion pieces about an impending bear market by suddenly adding more than $3,000 to its price tag within just hours.
Technical indicators suggest more downside for Bitcoin in the short-term.
Leading stablecoin issuer Tether has added an additional 7,629 bitcoin to its balance sheet after a nine-month hiatus from accumulating the flagship cryptocurrency. The firm's latest move brings its total holdings to 82,983 BTC worth around $7.68 billion.
Zeus Network has introduced zBTC, a tokenized form of Bitcoin, to Solana's blockchain, enabling new yield opportunities for Bitcoin holders. This development comes as the Zeus Network aims to enhance cross-chain liquidity and expand decentralized finance (DeFi) options.
The global financial landscape evolves, several countries are seriously considering integrating Bitcoin into their national reserves. Hong Kong and Germany are the latest to join this race, as lawmakers in both regions propose strategies to incorporate Bitcoin into their respective financial systems.
CNBC's Sara Eisen and Brian Sullivan discuss crypto stocks 2024 performance.
MicroStrategy's Bitcoin bet grows, but MSTR slides 30% from highs. Traders eye further downside as stock diverges from BTC's late-2024 rally.
Bitcoin continues to demonstrate resilience, holding above crucial demand levels after its recent decline from all-time highs. While the market grapples with negative sentiment and a wave of bearish predictions, BTC price action remains steady, offering hope to investors eyeing a potential recovery.
Bitcoin (BTC-USD) — alongside other crypto assets — has had a monumental year, with the cryptocurrency rallying after the 2024 election and hitting above $100,000 for the first time. Two Prime founder and CEO Alexander Blume joins Seana Smith and Madison Mills on Catalysts to share several of his 2025 predictions for the crypto space.
A bearish chart pattern on Bitcoin's daily timeframe threatens to send BTC price to new lows. Here's what must happen to avoid it.
Why simply hodling bitcoin and watching the number go up is not enough for it to succeed.
Since adopting Bitcoin as a legal tender back in 2021, El Salvador has pursued a consistent strategy of accumulating Bitcoin (BTC).
A closely followed crypto analyst says that one factor could cause Bitcoin (BTC) to plummet all the way down to $85,000. In a new thread on the social media platform X, crypto trader Justin Bennett tells his 115,700 followers that the next time prominent stablecoin Tether's (USDT) dominance level (USDT.D) tests the 4.
MicroStrategy, the largest corporate holder of Bitcoin, is again buying the dip.
CryptoQuant CEO Ki Young Ju questioned whether the US would need to adopt a Bitcoin standard unless global confidence in the dollar significantly erodes. His remarks come as conversations intensify about Bitcoin's (BTC) role in the US financial system, drawing parallels to past debates over the gold standard.
Bitcoin's (CRYPTO: BTC) relatively subdued performance over the past week has traders speculating whether prices might fall below key support levels before year-end. What Happened: Chris Burniske, a crypto industry expert and former ARK Invest analyst, remains optimistic despite Bitcoin's 15% retracement from its highs.
Michael Saylor announced today that MicroStrategy purchased over 2,000 BTC on December 30, continuing a broad strategy of Bitcoin acquisition. This is potentially the firm's final purchase of 2024.
A.I. real estate platform Janover announced that it would begin accepting Bitcoin payments in light of MicroStrategy's success in the adoption of the Satoshi Nakamoto-created cryptocurrency, a Monday press release shows.
AI-powered real estate platform Janover announces crypto payment acceptance and explores digital asset treasury allocation amid rising corporate adoption.
Janover Inc. (NASDAQ: JNVR), an AI-based platform formed for the commercial real estate sector, has now agreed to accept Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) for the payment of particular services. The step is in line with the company's efforts to advance its financial infrastructure and reflect the integration of digital assets in the
Genius Group's Bitcoin strategy highlights the growing trend of companies leveraging cryptocurrency to enhance financial performance and asset value. The post AI-driven Genius Group stock soars 11% as firm expands Bitcoin Treasury to $30 million appeared first on Crypto Briefing.
As December comes to a close, analyst Crypto Rus reflects on what the final days of the month might hold for Bitcoin and other cryptocurrencies. Despite the anticipation of a “Santa Rally,” the market has remained relatively stagnant.
Fred Krueger, a prominent entrepreneur and Bitcoin advocate, shared his views on inflation and the cost of living on December 30, 2024, over a pair of posts on the social media platform X. Krueger is known for his background as a serial entrepreneur, having founded and sold multiple companies such as Fauve Software, iwin.
With an average price of $97,837 per bitcoin, MicroStrategy purchased 2,138 BTC for $209M. For $516 million, MicroStrategy bought 5,262 Bitcoins last week.
USDT stablecoin issuer Tether has expanded its Bitcoin holdings by acquiring 7,629 BTC valued at roughly $705 million, according to on-chain data from Arkham Intelligence. The purchase elevates Tether's Bitcoin holdings to 82,983 BTC, worth approximately $7.68 billion as of press time.
BlackRock Bitcoin ETF became the fastest-growing ETF ever, reaching $50 billion in assets within 11 months of its 2024 debut.
Blockchain sleuths have flagged a notable acquisition: on Dec. 30, 2024, a bitcoin address believed to be linked to stablecoin issuer Tether added 8,404.48 BTC to its reserves, valued at a cool $772 million.
TL;DR Tether acquired 7,629 BTC, worth $705.25 million, increasing its total reserves to 82,983 BTC, valued at $7.68 billion. This purchase is part of the strategy announced in May 2023, which allocates 15% of its monthly profits to Bitcoin purchases. In addition to its Bitcoin reserves, it holds $100 billion in bonds and 48.
Tether has received a transfer of 7,600 Bitcoin, valued at $705.25 million, from its affiliated Bitfinex wallet. As MiCA regulations heighten concerns over USDTs market position, the stablecoin issuer faces a $2 billion market cap decline amid global FUD.
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.
After 9-months of dormancy, Tether's Bitcoin reserves have received 7,629 BTC valued at $705.25 million from Bitfinex. According to Arkham monitoring data, Tether now holds 82,983 BTC worth $7.68 billion at current prices.
Genius Group has added to its bitcoin holdings with a significant purchase announced on Dec. 30. The company disclosed it acquired additional Bitcoin (BTC) worth $10 million to bring its BTC treasury to 319.4 BTC, worth $30 million.