New York City Mayor Eric Adams was mocked for taking his early 2022 paychecks in Bitcoin—but now its price is skyrocketing.
New York City Mayor Eric Adams is seizing the moment as Bitcoin's (CRYPTO: BTC) value edges closer to the $100,000 mark, up 129% this year. At a press conference on Tuesday, Adams had a pointed message for his skeptics: "Remember y'all laughed at me when I first got my Bitcoin?
MicroStategy's Michael Saylor has projected more gains for Bitcoin (BTC) in the coming months. The Bitcoin bull continues to add more assets to his company's balance sheet on the back of rising institutional investments.
Binance Coin ($BNB) rallied 20% in the last 24 hours to hit a new all-time high of $788.84 at lunchtime UTC. The native token for the world's biggest exchange rallied sharply on a day when most leading cryptocurrencies are posting moderate gains. Crypto's $3.7 trillion market rose 0.8% overnight.
Bitcoin's price remains steady just below the $100,000 milestone, yet major cryptocurrency holders, known as whales, are choosing to play it safe. According to crypto analyst Onat Tutunculer from CryptoQuant, while there is no immediate selling pressure, significant inflows of Bitcoin into exchanges hint at a potential for future market volatility.
While Ripple-linked XRP has clearly led the market rally over the past month, Tron's TRX is also stealing the spotlight. In the past 24 hours, TRX has spiked by over 70% to set a new record high above $0.4313, pushing it closer to the top 10 crypto assets by ranking, CoinGecko data shows.
Bitcoin miner Hut 8 launched an at-the-market and stock repurchase program to finance its corporate strategic BTC reserve.
Tron's TRX token has captured headlines with its remarkable rally, climbing 85% within a single day to break its previous all-time high of $0.23 and reaching a peak of $0.43, according to CoinGecko data.
BItcoin expected to trade sideways as the market remains in altcoin season.
Botanix Labs, a decentralized layer 2 platform purpose-built for Bitcoin-native decentralized finance, has announced that the final testnet of its solution is live.
BNB has taken the spotlight with a powerful surge, breaking past the critical $724 resistance level and signaling the potential for more growth. This breakout has ignited bullish momentum, sparking speculation that the token could be gearing up for uncharted territory.
France's proposal to tax unrealized Bitcoin gains sparks global debate.
Energy storage company with a market cap of $250 million has announced a new bitcoin reserves strategy.
The downsizing reduces Foundry's headcount from 274 to 200, with US employees accounting for 16% of the layoffs.
After the election, bitcoin's price soared to nearly $100,000, causing MicroStrategy's stock to also rise to over $500 before recently experiencing a significant drop due to short selling concerns, prompting an investigation into potential market opportunities between owning MSTR and BTC, says Glenn Rosenberg.
Virgin Voyages is set to launch a groundbreaking "Annual Pass" program in 2025, offering unlimited cruises for a year, and making a bold move by becoming the first cruise line to accept cryptocurrency payments.
Vladimir Putin has spoken about digital assets again, this time saying—amid ongoing sanctions against Russia—that Bitcoin cannot be banned.
KULR Technology Group announced plans to allocate up to 90% of its cash surplus, including $12 million currently on hand, to Bitcoin. This decision aligns the company with a growing trend of businesses using Bitcoin as a treasury asset.
In our latest Cointelegraph video, we break down the odds of a Bitcoin reserve being created in the US next year and its potential impact on prices.
Justin Sun, the CEO of Tron (TRX), has outlined new strategies to align the project with shifting U.S. regulatory policies. In his recent comments on X, Sun emphasized Tron's commitment to balancing its vision of decentralization with the evolving stance of the upcoming administration on cryptocurrency regulation.
Bitcoin's MVRV currently stands at +4.2%, indicating that the price is nearing a correction.
On Monday, Foundry, the world's largest Bitcoin mining pool, announced a significant reduction in its workforce, laying off approximately 60% of its staff. This decision, confirmed by a report from Blockspace, affects both US and international staff, reducing the company's headcount from over 250 to around 80-90 employees.
The Aragog testnet as it is known, introduces a set of tools that will form the basis for the mainnet's DeFi offering.
Bitcoin (BTC), the largest cryptocurrency, has an unpredictable tech and economic trajectory. Even if the 21,000,000 BTC supply limit remains intact, we know nothing about the ecosystem of the largest crypto in 20 years, Jameson Lopp admits.
Crypto exchange tokens Binance coin (BNB), Bitget (BGB), and GateToken (GT) have all reached all-time highs today. The rise in the value of digital assets echoes the broad altcoin market's bullish sentiment, and analysts expect they will all surge even further in the long term.
Benchmark cryptocurrency bitcoin (BTC) remains stuck in a sideways trading pattern as the glow of its post-election all-time high continues to dim. Bitcoin nearly shot above the $100,000 price point for the first time ever in the week following Donald Trump's successful election campaign.
As noted by James Check, the lead analyst for Glassnode, business intelligence firm MicroStrategy has a cost basis that is identical to that of your average Bitcoin buyer.
Bitcoin is staring down a hefty sell wall en route to $100,000 as analysts flag that sell orders and inflows to exchanges have been rising.
Savvy commodities trader Peter Brandt published a tweet, predicting new all-time highs for Binance Coin (BNB). This prediction came true as BNB has, by now, gone much higher than Brandt predicted earlier today.
Bitfinex analysts see bitcoin's path to $100,000 hinging on short-term demand absorbing long-term holder selling.
Russian President Putin criticized holding state reserves in foreign currencies due to confiscation risks.
The TRX coin price formed a big God candle, reaching its all-time high of $0.4485, after Justin Sun compared it with Ripple's XRP.
Russia's Vladimir Putin has made it official—Bitcoin is here to stay, and no one can ban it. Speaking at the Investment Forum in Moscow on December 4, Putin made it clear that he believes crypto is the future.
TL;DR MicroStrategy has achieved a 38.7% increase in its Bitcoin investment during November, accumulating a reserve of 402,100 BTC. The company acquired 149,880 BTC in November and plans to raise $42 billion through its “21/21 Plan” to continue expanding its portfolio. The return on its investment could generate $9.4 billion in net income for shareholders.
Bitcoin has been consolidating below the $100,000 level for twelve consecutive days, marking a pause in its recent historic rally. The aggressive surge since November 5 appears to be cooling off, with market attention gradually shifting toward altcoins.
Virgin Voyages embraces Bitcoin payments, becoming the first cruise line to accept cryptocurrency, signaling a shift toward mainstream crypto adoption.
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Metaplanet, a company listed in Tokyo and active in the technology and financial sectors, has recently announced a revolutionary initiative to reward its shareholders with Bitcoin.
Tron (TRX) has made headlines once again as it reached a new all-time high (ATH) of $0.2349. This milestone comes as a result of heightened trading activity and an optimistic outlook in the cryptocurrency community.
The firm filed a shelf registration statement with SEC for US and Canadian compliance.
Binance's native coin, Binance Coin (BNB), has been on quite a roll lately. In 2023, the coin experienced significant losses, primarily on account of Binance's legal and regulatory troubles.
The bearish trend has not arrived on the market yet, according to CoinStats.
Despite the recent Bitcoin crash, Ethereum (ETH) price today trades at as of , which is a show of strength. Surprisingly, ETH performance during the recent crash is much better than most altcoins.
Russian President Vladimir Putin firmly asserted that Bitcoin (CRYPTO: BTC) and digital assets are unstoppable, describing them as essential tools for reducing costs and enhancing financial reliability. What Happened: Speaking at the Investment Forum in Moscow on Dec. 4, Putin stated, “Who can ban Bitcoin?
Botanix Lab's bespoke EVM-equivalent, Bitcoin scaling solution is attempting to bring “bitcoin back onchain."
Traders should be prepared for more volatility as BTC approaches the psychological $100k mark.
As Bitcoin (BTC) seeks to claim the $100,000 mark, the asset's historical price movement signals a potential push toward a new all-time high.