Bitcoin proponent Michael Saylor has taken to his account on the X social media behemoth to address the BTC community with an important message, which reveals the goal that all the companies building Bitcoin reserves and spot Bitcoin ETFs are chasing in terms of daily BTC production.

Glassnode's latest Bitcoin (CRYPTO: BTC) analysis highlights the most interesting statistics related to the apex crypto's monumental $100,000 milestone. It took Bitcoin 5,256 days of trading to grow from fractions of a cent to a $2 trillion market cap, surpassing the total market cap of silver in the process.

Bitcoin‘s scarcity is growing remarkably in the market as small and large-scale investors continue to accumulate a substantial portion of the available coins, which could bolster BTC's value in light of recent upside price momentum, signaling a potential extension of the uptrend.

In a landmark case, Frank Richard Ahlgren III, an early Bitcoin (CRYPTO: BTC) investor from Austin, Texas, has been sentenced to two years in prison for underreporting millions in cryptocurrency gains. The case represents the United States' first criminal prosecution solely focused on tax evasion involving digital assets, marking a significant development in the regulation and enforcement of cryptocurrency transactions.

The Eigen Foundation has announced its commitment to allocate 1% of its EIGEN token supply to the Ethereum Protocol Guild.

Sol Strategies has announced plans to list on Nasdaq following a remarkable 2,336% increase in its stock since July.

Riot Platforms acquires $510 million worth of Bitcoin, acquiring 5,117 BTC at an average price of $99,669 per coin.

Bitcoin mining company Riot Platforms (NASDAQ:RIOT) on Friday announced the acquisition of 5,117 Bitcoin (CRYPTO: BTC) for $510 million. The purchase, funded through the net proceeds of the company's recent $525 million, 0.75% coupon convertible bond issuance, was made at an average price of $99,669 per Bitcoin, inclusive of fees and expenses.

The United States-listed Bitcoin mining firm Riot Platforms (RIOT) has acquired a significant 5,117 Bitcoin (BTC) for $510 million. These notable acquisitions occurred when BTC was trading near its all-time high, indicating massive adoption and heightened interest in the world's largest cryptocurrency.

What's driving Tom Lee's confidence in Bitcoin in 2025?

A Bitcoin investor from Texas has become the first person to be imprisoned for failing to disclose crypto gains. The individual in question was sentenced to two years in jail today for filing a tax return that falsely underreported his capital gains from selling $3.7 million in Bitcoin.

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House Bill 1598, introduced by Texas Representative Giovanni Capriglione on Dec. 12, outlines a plan to establish a Bitcoin reserve within the state treasury. The bill, titled the Texas Strategic Bitcoin Reserve Act, details the state comptroller's responsibilities for managing Bitcoin as a financial asset, including provisions for secure storage and a long-term holding strategy.

During the recent “ETFs in Depth” event, BlackRock announced it is focusing on flagship cryptocurrency exchange-traded funds (ETFs). The company attributed its reasons for focusing on Bitcoin and Ethereum ETFs to limited market exposure.

Solana (SOL), the fifth-largest cryptocurrency by market capitalization, could be on the verge of a significant breakout, according to the co-founders of Glassnode, known as “Negentropic” on X (formerly Twitter).

Ethereum price today trades at as of . The drop comes after ETH hit a daily high of after % move on.

Ethereum ETFs saw a one to two ratio of bitcoin inflows this Thursday despite having around a quarter of its marketcap.

Bitcoin has reached a historic $100,000 milestone, Glassnode reports, marking a pivotal moment in its evolution with over $131 trillion in transaction volume, a $2 trillion market cap, and increasing institutional adoption. Bitcoin's $131 Trillion Journey According to Glassnode's latest onchain report, bitcoin (BTC) has crossed a monumental threshold, reaching $100,000 per coin on Dec.

Bitcoin is back above $100,000 after a slight correction early this week. A 2024 Pew Research Center poll shows that 17% of U.S. adults say they have ever invested in, traded, or used a cryptocurrency.

Discover how the Bitcoin Fear & Greed Index, a sentiment analysis tool rooted in human psychology, can outperform traditional buy-and-hold strategies.

Bitcoin mining giant Riot Platforms Inc. has made another huge splash into BTC to increase its holdings. As announced, the company bought a total of 5,113 Bitcoin for approximately $510 million.

Ethereum (ETH) has seen a significant increase in its on-chain transaction fees. Ethereum's gas fees have flipped a level last seen in April 2024.

The day has been relatively rough for the broader crypto market, as the total market cap of the business declined by 1.47% to $3.6 trillion over the past day. Amidst the slump, the trading volume too went reddish by 10.71%, taking the numbers to $194.73 billion.

While Ethereum is up 79.8% over the past year, that's measly compared to Bitcoin's 145% and archnemesis Solana's 246%. However, analysts are increasingly bullish that Ether is all set to break out of its dullness.

Bitcoin (CRYPTO: BTC) is on track to hit $160,000 by 2025, according to a new Matrixport report. The projection is underpinned by sustained demand for Bitcoin exchange-traded funds (ETFs), a favorable macroeconomic environment, and the continued expansion of the global liquidity pool.

Crypto faces $3B options expiry as BTC & ETH traders eye volatility as key levels approach.

BlackRock, the world's largest asset manager, has shifted its focus to Bitcoin and Ethereum, opting to bypass the launch of any new altcoin-based Exchange-Traded Funds (ETFs).

AMP, one of Australia's largest superannuation funds, has invested $27 million in Bitcoin, making it the first major Australian pension fund to adopt the digital asset.

Bitcoin recently reached the monumental milestone of $100,000, a price that has left many wondering if it has become too expensive to invest in. However, Michael Saylor, executive chairman of MicroStrategy and a well-known Bitcoin advocate, believes otherwise.

Bitcoin could reach a cycle top of over $160,000 on continued interest rate cuts and macroeconomic improvements in 2025, analysts have predicted.

A recent attempt was made to break Ethereum's psychological resistance of $4,000, a crucial level that is fundamental for the asset's performance. Although Ethereum has been steadily rising since November, the asset's short-term trajectory is called into question by this rejection at $4,000.

Solana appears to be vying to retake the podium with its latest victory, becoming this year's leading ecosystem for new developers, ending Ethereum's 8-year dominance. The post Solana Beats Ethereum – Is a $500 SOL Price Now Within Reach? appeared first on Cryptonews.

Saifedean Ammous, The Bitcoin Standard author, joins 'Squawk Box' to discuss the state of bitcoin, comparison to gold, what the crypto industry will look like under the incoming Trump administration, and more.

Solana has claimed the top spot as the preferred blockchain ecosystem for new developers, eclipsing Ethereum's dominance for the first time in nearly a decade.

U.S. spot bitcoin and ethereum ETFs enjoyed another positive inflow day bringing in $597.57 million and $273.67 million respectively. Bitcoin and Ethereum ETFs Continue Momentum with Solid Inflows Bitcoin and ethereum exchange-traded funds (ETFs) maintained their inflow streak with another day of solid inflows into both ETFs. According to metrics from sosovalue, inflows totaling $597.

“It is very likely that the GitLab repositories contained sensitive credentials to access Byte Federal's databases," auditors wrote in a report.

Frank Richard Ahlgren III, an early bitcoin investor, was sentenced to two years in prison for falsifying his tax returns to conceal capital gains from the sale of BTC.

A complicated picture is painted by Bitcoin's current price action as the asset negotiates considerable market volatility. Bitcoin has swept both ends of its liquidity spectrum on the four-hour chart with bid liquidity at the bottom and clearing ask liquidity at the top.

The recently published 2024 Crypto Developer Report by Electric Capital draws insights from 902 million code commits across 1.7 million repositories, showcasing trends that illuminate the industry's trajectory. According to Electric Capital, developers are the foundation of value creation in crypto.

Hardware wallet provider Ledger has linked a recent loss of funds by one of its users to a phishing attack in February 2022.

Hardware wallet provider Ledger has linked a recent loss of funds by one of its users to a phishing attack in February 2022.

Bitcoin is holding above $100,000, buoyed by rising risk-on sentiment amid monetary easing by major central banks, according to an analyst.

Bitcoin (CRYPTO: BTC) remains in a tight channel around the $100,000 mark, sparking predictions among traders and technical analysts about a possible breakout soon. What Happened: Technical analyst Kevin emphasized in his analysis on X on Thursday that BTC is consolidating within an upward trendline of support and the macro "golden pocket," a zone defined by the previous bull market high and bear market low.

A member of the Texas House of Representatives just proposed a new legislation that will enable the Lone Star State to establish a strategic Bitcoin (BTC) reserve within its treasury. Republican state Representative Giovanni Capriglione filed the Texas Strategic Bitcoin Reserve Act on Thursday.

The Texas House of Representatives introduced legislation to establish a strategic Bitcoin reserve that could act as a proving ground for the US Treasury.

Bitcoin's 2024 performance has already shattered expectations. After breaching $100k recently, it is expected that the biggest crypto might hit $160k by 2025.

Bitcoin price today trades at on after hitting a daily high of today after a % move on . Bitcoin Price Today: New BTC ATH or $90K Revisit?

A recent report by Electric Capital found that Solana became the ecosystem that attracted the most new developers in 2024, overtaking Ethereum. The report calculated that 7,525 developers joined the Solana ecosystem this year, while Ethereum registered 6,456 during the same period. Solana grew its developer base by 83% year-over-year, while Ethereum lost 22%.