The approved motion proposed that the city turn a portion of its financial reserves into bitcoin and accept taxes in bitcoin.
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.
Bitcoin Hits $100k as SEC Drama Unfolds: ETF Inflows and Regulatory Tensions Set Stage for Crypto Market Volatility.
Bitcoin, the pioneer of cryptocurrencies, is celebrated for its robust security framework. However, as quantum computing makes rapid advancements, this digital asset may face its greatest challenge yet.
The son of US President-elect Donald Trump said that Bitcoin will continue to soar and made an audacious prediction that it will reach $1 million per coin. Related Reading: Tether's USDT Hits New High—330 Million Wallets And Counting Trump Organization Vice President Eric Trump vowed that his father and their family will not cease their support of the firstborn cryptocurrency.
Eric Trump confidently predicted bitcoin will surpass $1 million, crediting the “most pro-crypto president in the history of America” for spearheading a global financial revolution. Eric Trump: Bitcoin to $1M With Most Pro-Crypto President in US History Eric Trump, son of U.S. President-elect Donald Trump, confidently predicted on Dec.
The falling Open Interest indicated that speculators were waiting for the market to make up its mind and break the range.
Bitcoin (BTC) miner Riot Platforms has successfully completed a $525 million senior note offering, according to a Dec. 11 filing with the SEC. The notes, which mature in 2030 and carry a 0.75% interest rate, were offered privately to institutional investors.
More than 28.23 million Microsoft shareholder votes were cast in favor for Bitcoin, compared to an overwhelming 5.148 billion against.
A remarkable shift in sentiment and activity has been spotted among Bitcoin's large investors also known as whales, especially wallet addresses holding more than 100 BTC in spite of recent price fluctuations, sparking discussions about the next trajectory of BTC's price.
According to a Proof of Workforce X post, the Kenya National Fire Brigades Association (KENFIBA) has completed setting up its BTC reserve.
Bitcoin's price holds steady within the critical $94,800-$97,700 demand zone, supported by strong accumulation and bullish technical indicators. Breaking the $98,279-$100,080 resistance could pave the way for new highs.
Technical analyst Ali Martinez has said that the drop in crypto prices has allowed whales to accumulate more assets. In a post on X, Martinez reported that 342 new wallets holding more than 100 BTC were created as Bitcoin dipped from $104,000 to around $90,000.
State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state's assets, attract crypto-focused businesses, and establish Alabama as a pioneer in the digital asset space.
Riot completes a $525M offering to bolster Bitcoin acquisitions and operations, holding 12,000 Bitcoin, valued at $1.2B. The post Riot Platforms completes $525M offering to buy Bitcoin appeared first on Crypto Briefing.
More all-time highs for bitcoin, solana and ether? Continuing inflows for ETFs?
On Wednesday, during an interview with CNBC, Fundstrat's Tom Lee pointed out that bitcoin offers the clearest gauge of how the Trump administration's economic policies might fare. Lee highlighted bitcoin's historical patterns, which “would imply $250,000 per bitcoin in 2025.
Pudgy Penguins NFTs surpass $100K in floor price as excitement grows for the Pengu token launch on Solana, marking a new milestone for the collection. The post Pudgy Penguins NFTs surpass Bitcoin as floor price breaks $100K appeared first on Crypto Briefing.
Bitcoin's price has trended within a narrow range since it hit a new all-time high of $103,647 on December 5. It has since faced resistance at $101,509 and found support at $94,306.
Bitcoin has crossed the $100,000 mark again. Ethereum followed with a 4% rise, though it remains shy of the critical $4,000 resistance level.
Bitcoin, the world's oldest and largest cryptocurrency, rose back above the $101,000 level on Wednesday, clawing back most of its losses after a bruising sell-off earlier this week.
Bitcoin recently surpassed the $100,000 mark, drawing attention from institutional investors. Michael Saylor, co-founder and executive chairman of MicroStrategy, discussed his company's Bitcoin strategy.
Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
The executive chairman and co-founder of enterprise software firm MicroStrategy, Michael Saylor, has a whole new analogy to explain Bitcoin (BTC). In a new YouTube interview with Barstool Sports founder Dave Portnoy, Bitcoin bull Saylor says that Bitcoin is like a game where all participants are winners.
Bitcoin, according to Hougan and Rasmussen, will reach $200,000 or more by the year 2025. Solana's price is likely expected to soar to $750, a 250% rise from its current $215 as per the duo.
Massachusetts Mutual, a 173-year insurance giant, invested $100 million into the flagship cryptocurrency Bitcoin (BTC) back in 2020. In a press release, the move was noted as giving it a “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.
The most recent numbers revealed that inflation rose slightly to 2.7% in November. The price of Bitcoin is already witnessing a surge and touched the $100,000 mark.
Bitcoin ETFs are showing no signs of weakness as they enter the ninth consecutive day of positive inflows, even as the broader market experiences a downtrend.
The Alabama state auditor general, Andrew Sorrell, called on Alabama to lead other states in establishing strategic Bitcoin reserves. He noted that the price of Bitcoin had gained over 50% since the U.S. elections, and Trump's enthusiasm for crypto signalled strong federal support.
The service is designed to compete with larger third-party custodians such as Coinbase. New Self-Custody Solution for Nation-States Emerges Crypto self-custody firm Casa announced that it will now offer a self-custody solution called Praetorian to governments seeking to establish national bitcoin (BTC) reserves.
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Cryptocurrency analyst Benjamin Cowen provided an in-depth analysis of market trends, inflationary pressures and Bitcoin's (CRYPTO: BTC) rally following Wednesday's CPI report. What Happened: Bitcoin surged past $100,000, reflecting bullish sentiment as consumer price inflation data for November came in at 2.7%, close to the Federal Reserve's 2% target.
Goldman Sachs is eyeing the Bitcoin and Ethereum markets. CEO David Solomon said the Wall Street firm is ready to “evaluate” its entry, but only if regulators clear the path.
Think you've missed the Bitcoin boom? Think again. Despite its impressive past performance, Bitcoin continues to be a top-performing asset, even in recent months. With strategies like Dollar Cost Averaging (DCA), you don't need a fortune to start investing. Learn why Bitcoin outshines gold, the Dow Jones, and other traditional investments, proving it's never too late to join the Bitcoin revolution.
The cryptocurrency world has long been resilient in the face of challenges, but legendary trader Peter Brandt has brought attention to two formidable threats that could significantly impact Bitcoin's future. In a recent statement, Brandt identified central bank interference and the rise of quantum computing as potential existential risks for the world's largest cryptocurrency.
Is a broader BTC cool-off still on the cards despite recent pullbacks?
This year was good for crypto, but 2025 might turn out even better for the sector, according to Bitwise Asset Management.
Thomas Peterffy, the founder of Connecticut-headquartered brokerage firm Interactive Brokers, has stated that people should hold "some Bitcoin" during a recent interview with Bloomberg Television.