The crypto market is reeling from a massive sell-off as Bitcoin and other major cryptocurrencies experience significant losses. Over the past 24 hours, a total of 361,972 traders were liquidated, leading to over $1.17 billion in losses.
Bitcoin buying led by Coinbase launches BTC price action back toward the six-figure mark.
This week, the LATAM cryptocurrency landscape demonstrated its dynamic nature once more. El Salvador has decided to continue with its Bitcoin purchases, despite the IMF's warnings, while MetaMask innovates by launching its crypto debit card for Mexico, Colombia and Brazil.
Bitcoin's price correction could continue, but analysts see no reason for concern.
Bitcoin has faced a significant correction, dropping 15% from its all-time high of $108,300. This price decline marks a sharp shift in market sentiment, which has quickly transitioned from an extremely bullish outlook to one of uncertainty and caution.
Macro investor and fund manager Dan Tapiero says that Bitcoin (BTC) reaching $200,000 in 2025 is viable. In a new thread, Tapiero tells his 123,500 followers on the social media platform X that once the US government tightens up fiscal policy, the top crypto asset by market cap will skyrocket.
In a significant move for the cryptocurrency industry, Groupe BPCE, France's second-largest bank, has received approval to offer Bitcoin and cryptocurrency investment services to its vast customer base of 35 million users.
The world of cryptocurrencies is in turmoil as mentions of "Buy the Dip" on social media reach their highest level in eight months. According to recent data, this trend was observed after the price of BTC fell below the psychological threshold of $100,000 on December 19, 2024.
Robert Kiyosaki, a renowned businessman and the author of a highly successful financial book series, Rich Dad Poor Dad, in a recent post on X, warns about the possibility of a global financial crisis. He advises people to invest in gold, silver and Bitcoin to protect wealth. Here is what you should know.
Bitcoin, the leading cryptocurrency by market capitalization, has recently experienced a significant and sudden price correction, sparking debate among investors. Concerns have surfaced about whether this downturn signals the conclusion of the current bull cycle or merely represents a temporary setback.
Michael Saylor, the head of MicroStrategy, has shared a bold idea: by using Bitcoin as a strategic reserve, the United States could make up to $81 trillion. Saylor believes this move could position the U.S. as the leader of the global digital economy.
Bitcoin struggles to recover from the big drop. It fell down to $92,000 as we predicted in our analysis yesterday. Though BTC has moved up by 5%, it still lies in a danger zone. Let's analyse market metrics to understand what is happening and what to expect.
Record $671.9M outflow from U.S. BTC ETFs as Bitcoin drops 9.2% and Ethereum plunges 15.6%.
Bitcoin (BTC) is experiencing its first seven-day decline in eight weeks, prompted by hawkish signals from the US Federal Reserve (Fed) that have led traders to sell off the asset, which has more than doubled in value this year. Bitcoin Rebounds To $97,500 After Historic ETF Outflow The market's leading cryptocurrency saw a drop of as much as 5.3% to $92,149 on Friday, following a record high of just above $108,000 earlier in the week.
How far will El Salvador go with its Bitcoin strategy, despite IMF objections?
Ripple Faces SEC Appeal Drama: XRP battles market volatility as Ripple awaits the SEC's crucial January appeal decision, with potential price impacts looming.
Bitcoin's price recently experienced a sharp drop after Federal Reserve Chairman Jerome Powell's comments during the latest Federal Open Market Committee (FOMC) meeting rattled investor confidence. Powell's remarks on inflation and the potential slowing of rate cuts in 2025 triggered a major correction in Bitcoin's price, causing it to plummet by over $13,000 in just a few days.
Cryptocurrency prices today are showing bullish momentum, with Bitcoin (BTC) rebounding above $97K after touching a low of $92K. Major altcoins like Ethereum (ETH) and XRP also saw gains, reflecting positive market sentiment.
In an interview with Yahoo Finance, US Senator Cynthia Lummis of Wyoming outlined a proposal to grant the Federal Reserve the authority to hold Bitcoin as part of the United States' official reserves.
Bitcoin and Ethereum face volatility after $2.63B options expiry, with prices below key levels.
The cryptocurrency market has endured a significant sell-off that saw its total market capitalization plunge by over $600 billion before it started recovering. In a sell-off that saw Bitcoin drip from a new high around $108,000 to a $92,000 low. The cryptocurrency has, however, since started recovering and despite still being down more than 6.
The cryptocurrency market is facing a significant event, with over $2.6 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts set to expire. This large volume of expiring options has the potential to trigger short-term price volatility for both assets, particularly as both Bitcoin and Ethereum have recently seen declines.
Bitcoin's exchange transfers have dropped significantly, which might have a negative impact on its price.
Marathon Digital Holdings is redefining the narrative around Bitcoin mining by repurposing its excess heat to benefit communities in Finland. In a Dec. 20 statement on X, the company said it provides heating for approximately 80,000 residents through a forward-thinking approach that merges innovation and environmental responsibility.
Bitcoin has faced its first major correction since early November, dropping 13% from its all-time high of $108,364. This sudden pullback has sent shockwaves across the crypto market, shifting sentiment from extreme bullishness to uncertainty and even fear.
The cryptocurrency market has been rocked by a dramatic crash that led to over $1 billion in leveraged liquidations within the past 24 hours. This sell-off was drives by a combination of factors, including a hawkish message from the Federal Reserve and a sharp decline in the value of Bitcoin and other digital assets.
Stablecoin issuer Tether has committed $775 million to rising streaming video platform Rumble, which has adopted a Bitcoin reserve strategy.
Bitcoin's MVRV hits -1.9% as price drops to $97,884. Analysts reveal key support levels and future risks!
Bitcoin (BTC) tries the $100,000 support zone after falling to $98,000 during the recent market shakeout. According to some market watchers, the flagship crypto's recent performance resembles its December 2023 trajectory, suggesting that BTC might see a massive breakout soon.
Bitcoin (BTC) recently hit an all-time high of $108,364, only to tumble to $92,118 within three days. This dramatic price drop coincides with growing political unease in the U.S., as the federal government faces a potential shutdown.
Bitcoin experienced a sharp decline, falling to $94,000 from its peak of over $100,000. As the market struggles with a change in momentum, a retracement is looming on the horizon.
Bitcoin faces increased selling pressure but retains the potential to rally to a $108,500 target if market sentiment improves.
Concerns surrounding MicroStrategy's Bitcoin strategy and debt obligations have been labeled as exaggerated by Anthony Scaramucci, founder of SkyBridge Capital. Speaking in an interview, Scaramucci dismissed the fears of a financial collapse tied to MicroStrategy's substantial Bitcoin holdings and debt structure, explaining that only a prolonged and systemic Bitcoin crash spanning several years would destabilize
Bitcoin has been on an extraordinary run in 2024, soaring past the $100,000 mark and continuing to display significant momentum. With some market participants hoping for even greater price action in 2025, one expert has cautioned that this could be the peak for Bitcoin, urging caution for those betting on further growth.
Hopefully, SEC Commissioner Hester Peirce isn't playing when she says she'll reconsider in-kind redemptions for spot bitcoin ETFs.
The U.S. Securities and Exchange Commission (SEC) has approved two innovative exchange-traded funds (ETFs) that could change the landscape of crypto investing. The Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF are the first of their kind, combining spot Bitcoin and Ethereum into one investment vehicle.
Japanese investment firm Metaplanet Inc. has raised $60.6 million (9.5 billion yen) through two bond issuances to bolster its bitcoin (BTC) holdings. Metaplanet Completes $60.6 Million Bond Issuance for Bitcoin Purchases The Tokyo-based company announced the completion of its fifth bond series issuance on Dec. 20, raising 5 billion yen.
SkyBridge Capital founder Anthony Scaramucci has described Bitcoin's (CRYPTO: BTC) current price action as part of its typical cycle. What Happened: In an X post on Friday, he explained that Bitcoin is purging leveraged, short-term momentum trades, a normal phenomenon in its market evolution.
The issuance will be divided into ¥250 million units, with zero interest and redemption at face value, maturing on June 16, 2025.
Bitcoins recent price drop below $94,000 has not deterred optimism among experts. Top analyst Lark Davis explains why the crypto bull run could continue into 2025, with Bitcoin surpassing $100,000.
Michael Saylor wants to create a strategic bitcoin reserve to help eliminate the national debt and strengthen the U.S. dollar.
France's Groupe BPCE has received regulatory approval to offer Bitcoin and cryptocurrency investments through its subsidiary Hexarq, targeting 35 million users with services expected to launch in 2025. The post France's Groupe BPCE to Offer Bitcoin and Crypto Investments to 35M Users appeared first on Cryptonews.
Anthony Scaramucci, the founder of SkyBridge Capital, thinks people are blowing things way out of proportion when it comes to MicroStrategy's Bitcoin buying spree. Critics say CEO Michael Saylor has gone too far by taking on billions in debt to buy Bitcoin.
Investor Cathie Wood anticipates a flurry of mergers and acquisitions (M&A) among startups as regulatory changes accompany the Trump administration, she revealed in a recent Bloomberg interview. The leader of Ark Invest, celebrated for her daring forecasts, also doubled down on her prediction that bitcoin could exceed $1.5 million by 2030.
Bitcoin (BTC) mining company MARA says it acquired 15,574 BTC for $1.53 billion after raising $1.925 billion from its zero-coupon convertible notes offerings in November and December. In a post on social media platform X, MARA says it now holds 44,394 BTC following its recent purchase of the flagship crypto asset.
Hyperliquid, Bitget token and Movement added between 25% and 50% to their value this week. The three tokens have extended their gains in the past hour.