The recent large transfers have now raised hopes among creditors that payouts might be sooner than they expect.
The comic penguin collection has become the world's second most-valued set of NFTs, crossing the $100,000 mark for the first time.
Bitcoin surpassed $100,000 amid strong ETF inflows and whale accumulation, with technical patterns suggesting further upside potential as markets await next week's FOMC meeting.
Bitcoin leveraged bets are off the table after repeated washouts — but BTC price action is seen beating all-time highs within days.
Babylon co-founder and chief technology officer Fisher Yu said that DeFi on Bitcoin can evolve faster than other ecosystems by learning from the mistakes of the broader DeFi space.
The floor price of an Ethereum-based NFT collection called Pudgy Penguins has exceeded the price of Bitcoin on the NFT marketplace OpenSea
Bitcoin (BTC) has recently shown resilience in defending key support levels, especially at the $96,000 mark. After a period of consolidation beneath the psychological $100,000 level, Bitcoin's bulls have managed to keep the price above the mid-range support.
Recently, a notable trend has been observed in the crypto universe: the number of bitcoin addresses holding more than 100 BTC has significantly increased, reaching unprecedented highs in 2024. Whose addresses are these and why have they exploded?
Billionaire investor Ray Dalio thinks macroeconomic trends make gold and Bitcoin (BTC) attractive investment options right now. In a speech in the United Arab Emirates this week, the Bridgewater Associates founder pointed to debt levels in the US, China and all other major economies except for Germany, the South China Morning Post (SCMP) reports.
Meanwhile, altcoins may flounder unless the United States passes rules favoring crypto adoption, the asset manager said.
Bitcoin just regained the $100K mark, and defunct crypto exchange Mt. Gox is back in the spotlight with over 2,300 BTC moving out of its wallet. This sudden transfer has sparked curiosity about the reasons behind these large transfers—are creditor repayments finally on the way, even with the deadline pushed back. Mt.
As 2024 draws to a close, European crypto investment firm CoinShares has released market predictions for the new year. In its report, CoinShares has identified the key trends that could dominate the crypto industry in 2025.
Data shows that the sentiment of Bitcoin has cooled off from extreme greed as bearish price action continues for BTC and other cryptocurrencies.
Bitcoin (BTC) recaptured the vital $100,000 threshold on Wednesday, following weeks of consolidation below it. This rebound has been attributed to rising confidence in the digital currency sector's future regulatory environment under President-elect Donald Trump.
Bitcoin holds above $100,000 as inflation data, ETF proposals, and regulatory changes drive bullish sentiment. Analysts predict potential for $200,000 by 2025. The post Bitcoin Price Analysis: BTC Above $100K; US CPI Fuels Price Momentum and ETF Optimism appeared first on Cryptonews.
After consolidating around $96,000 for a while, Bitcoin price has staged a strong bounce back gaining 3.5% in the last 24 hours shooting past $101,000. The bullish sentiment followed the US CPI inflation data release on Wednesday.
Spot Bitcoin exchange-traded funds in the United States recorded their tenth consecutive day of inflows on Dec. 11, with $223.03 million entering the funds as Bitcoin climbed back above the $100,000 mark.
The U.S. Securities and Exchange Commission (SEC) has moved NYSE Arca's request to list the Bitwise Bitcoin and Ethereum ETF to the next stage by seeking feedback from the industry.
With the U.S. CPI data meeting expectations, the crypto market has experienced a strong bullish recovery. This further led to the BTC price bouncing back above the $100,000 level.
Bitcoin has once again surged past the $100,000 mark, trading at around $100,500 following the release of U.S. Consumer Price Index (CPI) data for November.
Following a recent mayoral proposal, Vancouver's city council has approved a motion to explore integrating Bitcoin (BTC) into the city's financial strategy.
The crypto market today has been super optimistic with the market capitalization of the industry soaring by 5.25% to $3.64 trillion. This move was catalyzed by Bitcoin reclaiming the $100k mark on its daily chart. Despite the greenish numbers, the trading volume took a hit of 24.07%, settling down at $216.31 billion.
As expected, whales went on an accumulation spree in the past few days.
The concerns were in response to Michael Saylor's suggestion that the U.S. should quadruple its planned strategic reserve and exert influence over the Bitcoin network. Saylor Calls for U.S.
Bitcoin (BTC) has been experiencing a notable shift in market dynamics, raising questions about its future price movements. Long-term holders, who have traditionally been key players in Bitcoin's market stability, are now starting to sell their holdings.
The transfer of Bitcoin by Mt. Gox may signal upcoming creditor repayments, impacting market liquidity and investor sentiment.
The global crypto market rose 4% on Thursday after Bitcoin regained $100K, driven by positive CPI data and expectations of less aggressive monetary policy. The post Crypto Market Gains 4% in 24 Hours as Bitcoin Holds Firm Above $100K appeared first on Cryptonews.
The Bitcoin (BTC) market has undergone a remarkable recovery this year, largely due to the increased popularity of Bitcoin ETFs. BTC reached an all-time high of $73,000 in the first quarter of the year, sparking a bullish trend that continues today, with a recent high of $104,000.
Bitcoin (BTC) fell to $94,500 yesterday after Microsoft shareholders decisively rejected a Bitcoin treasury proposal to allocate 1% of the company's total assets to buy BTC as an inflation hedge. However, analysts are still confident of further appreciation of the BTC price.
ASIC's digital asset lead compared Bitcoin to cigarettes while responding to questions on proposed Australian crypto regulation.
Thomas Peterffy, the billionaire founder of Interactive Brokers Group, recommended that investors have 2-3% of the net assets in Bitcoin. He said his firm only allowed its clientele to put up to 10% of their total assets into crypto.
Prediction markets were skeptical that such a motion would pass.
Interactive Brokers Chair Thomas Peterffy recommends allocating 2-3% of net worth to Bitcoin but warns against exceeding 10%, calling it "very dangerous." The post Interactive Brokers Chair Warns Against Bitcoin Allocation Over 10% appeared first on Cryptonews.
Elon Musk has once again shattered records, becoming the first person ever to reach a net worth exceeding $400 billion. This achievement marks a historic milestone, driven by surging valuations of his companies, particularly Tesla and SpaceX, along with the remarkable performance of his crypto investments as the Bitcoin price surged past the $100k milestone.
The approved motion proposed that the city turn a portion of its financial reserves into bitcoin and accept taxes in bitcoin.
Bitcoin's price surpasses $100,000, marking a significant milestone in its evolution, driven by robust network growth, institutional adoption, and increased market capitalization.
Bitcoin is currently trading in a mid-range, with long-term holders continuing to take profits.
The crypto prices today showed bullish momentum, with Bitcoin trading above $100K. Major altcoins like Ethereum rose by 6%, while XRP and Solana gained 5% to 6%.
The Vancouver City Council has greenlit a study to integrate Bitcoin despite regulatory constraints and environmental concerns.
At least four of IcomTech's operators are now behind bars after receiving prison sentences of up to 10 years this year.
While Bitcoin (BTC) has previously shown significant momentum in this market cycle, recent insights suggest that liquidity sources beyond Coinbase may be driving the trend. A CryptoQuant analyst, Mignolet, specifically provided a detailed analysis of Bitcoin's market, shedding light on the role of major exchanges like Coinbase and Binance in the ongoing bull cycle.
In a series of public statements, Dennis Porter, CEO and founder of the non-profit advocacy organization Satoshi Act Fund, has raised expectations for what he describes as a landmark announcement related to Bitcoin.
Russian scientists say they have made another breakthrough in the fight against Bitcoin (BTC) and Ethereum (ETH)-powered crime. The post Russian Scientists Say They've Developed a Solution to ‘Fight BTC, ETH-powered Crime' appeared first on Cryptonews.
Vancouver Bitcoin proposal has now been approved to explore the potential benefits of incorporating Bitcoin into the city's financial operations.
Vancouver's exploration of Bitcoin as a reserve asset could influence global municipal financial strategies and crypto adoption debates. The post Vancouver approves motion to explore Bitcoin as a reserve asset appeared first on Crypto Briefing.
Bitcoin price remained supported above the $95,500 zone. BTC is up over 5% and is now trading above the $100,00 resistance zone.