Bitcoin price extended losses and traded below the $95,000 zone. BTC is showing bearish signs and might decline heavily below the $92,000 level.

The analytics firm Santiment has revealed how social media traders have moved their attention to Bitcoin from Dogecoin and other memecoins recently. Dogecoin & Other Top Memecoins Have Seen A Decline In Social Dominance In a new post on X, Santiment has talked about how cryptocurrency market sentiment on social media has changed amid the latest bearish downturn.

Bitcoin's stint at its new all-time high of $108,200 was short-lived. In less than a week, its price dropped by over 12%, reaching $95,000 on Dec. 23.

Unverified reports suggest the UAE holds $40B in Bitcoin, potentially surpassing the U.S. and China. The market wonders: will it sell or hold for the long term?

Bitcoin's market correction has worsened as the cryptocurrency extends its losses, setting the stage for further challenges as the year draws to a close. The once-thriving market for Bitcoin, which hit an all-time high of over $108,000 on December 17, has seen a significant pullback of approximately 12%.

If such events become more frequent, it could create an imbalance in demand and supply, potentially affecting Bitcoin's price in the long-term.

Bitcoin's (BTC) market took a significant hit last week, experiencing its worst performance since Donald Trump's victory in the U.S. presidential elections. After several weeks of impressive price gains, BTC's price tumbled by 15%, triggering widespread fear, uncertainty, and doubt (FUD) within the crypto community.

Donald Trump's administration is expected to pursue executive orders on day one to push cryptocurrency forward, with potential plans for a national bitcoin reserve and expanded crypto banking access. Crypto Industry Prepares for Possible Day-One Executive Orders From Trump's White House U.S.

Bitcoin has continued to see declining performance in recent days with on-chain metrics offering valuable insights into market behavior. Among these metrics, the Spent Output Profit Ratio (SOPR) for long-term holders has particularly emerged as a critical tool for assessing investor sentiment and market resilience.

Dogecoin (DOGE) could be in for a prolonged period of pain, following by an explosive rally starting in April 2025. The post Dogecoin's Third Leap Incoming? Analyst Predicts Explosive Rally After Dip appeared first on Cryptonews.

Matador Technologies is following in MicroStrategy's footsteps, sharing a board member with Japanese firm Metaplanet—another Bitcoin buyer.

Prediction markets have gone ballistic. Kalshi, one of the sharpest platforms out there, says there's now a 77% chance that one of the Magnificent 7 companies (Apple, Amazon, Meta, Microsoft, Tesla, Nvidia, or Alphabet) will take the plunge and buy Bitcoin in 2025.

The financial world is abuzz after asset manager VanEck suggested that the United States could reduce its national debt by as much as 36% by adopting Bitcoin as a strategic reserve asset. In its latest report, VanEck projects that if the US were to integrate Bitcoin into its financial strategy, the country could significantly curb its rising debt over the next 26 years.

Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm's largest Bitcoin acquisition to date.

Robinhood CEO Vlad Tenev recently addressed the company's approach to cryptocurrencies, specifically its position on holding Bitcoin. Speaking in an interview with Anthony Pompliano, Tenev revealed that internal discussions about maintaining Bitcoin reserves occur periodically.

Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and cryptocurrency news from last week. This edition examines the confusing agreement signed by El Salvador and the IMF and how Bukele's actions might jeopardize the disbursement of $1.4 billion for the country.

Metaplanet has doubled down on Bitcoin as it increased holdings to $168 million despite a recent price drop.

Allo, a real-world assets tokenization platform, has secured $100 million in debt financing to bolster its Bitcoin-backed lending business. On Dec.

A Fed-sparked market rout continued in the cryptosphere, denting investors' hopes of a Santa Claus rally as Bitcoin sank further Monday.

A closely followed crypto strategist says Bitcoin (BTC) is forming a bullish pattern similar to what was witnessed earlier this year before sparking massive surges.

Cryptocurrencies fell this weekend and into today, as investors grappled with a potentially more hawkish Federal Reserve, which could lead to fewer rate cuts than hoped for in 2025.

Dogecoin, Pepe, and Peanut technical analysis reveals mixed prospects, with potential rebounds and bearish risks for December 2024 and January 2025 sessions.

Bitcoin (BTC) has experienced a 7% decline over the past week. While this drawdown is partly due to the broader cryptocurrency market weakness, it is primarily driven by a reduction in buying activity from large investors, commonly referred to as “whales.

Besides holding some coins as part of its business of servicing clients' trading needs, the company has no plans to hold BTC.

Fed's cautious tone tempers post-election euphoria.

The Wall Street Journal (WSJ) has raised alarms over a potential quantum computing threat to Bitcoin (BTC), describing it in a recent article as “a time bomb waiting to explode.

Kalshi users currently see a 70% chance of a Magnificent 7 company buying Bitcoin before the end of 2025.

An analyst has explained how Bitcoin could see a top beyond the $168,500 mark based on the historical trend in this indicator. Bitcoin Mayer Multiple Could Reveal Location Of Next Price Top In a new post on X, analyst Ali Martinez has discussed where the BTC top could lie based on the Mayer Multiple.

DOGE's next rally? Historical data hints at a potential 12,000% surge as activity spikes!

Nasdaq-listed business intelligence firm MicroStrategy has announced the acquisition of an additional 5,262 bitcoin at an average price of $106,662 per BTC, with the purchase costing the firm around $561 million in total.

Senator Ted Cruz, a staunch champion for crypto reaffirmed his support for bitcoin while speaking at the Turning Point Americafest Conference. In his words, “We are going to unleash crypto. I am proud to stand with bitcoin. I am the only member of the U.S. Senate who is a bitcoin miner.

Bitcoin could correct roughly 30% based on historical patterns.

Satonomy has launched a beta platform designed to simplify the management of Bitcoin-native assets like UTXOs, Ordinals, Runes, and rare sats to address long-standing barriers to adoption, according to a Dec. 23 statement shared with CryptoSlate.

Cryptocurrency markets are trading lower on a low-volume Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $92,996.64 -3.2% Ethereum (CRYPTO: ETH) $3,313.40 -0.3% Solana (CRYPTO: SOL) $184.82 +0.9% XRP (CRYPTO: XRP) $2.16 -4% Dogecoin (CRYPTO: DOGE) $0.3108 -2.5% Shiba Inu (CRYPTO: SHIB) $0.00002168 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 20.6% and daily active addresses falling by 0.02%.

Bitcoin led a crypto market correction early Monday, taking BTC to the $92,762 level and putting it down over 12% over the last seven days.

Japanese investment firm Metaplanet announced another Bitcoin buy on Monday as the firm accelerates its BTC treasury strategy.

Peter Schiff's "USA coin" proposal challenges Bitcoin's decentralized model, sparking debate over the role of government-backed digital currencies.

Dogecoin price, a leading meme-based cryptocurrency, has dropped over 25% this week amid a broader market downturn. Bitcoin's price also slipped, falling to $93k, adding pressure to market sentiment.

On Monday, Bitcoin treasury company MicroStrategy announced that it had spent roughly $561 million to acquire additional Bitcoin as it remains uber-bullish on the world's largest and oldest cryptocurrency. This marks its seventh consecutive week of Bitcoin purchases.

Terawulf Inc., a bitcoin miner and digital infrastructure provider, has signed agreements to deliver over 70 megawatts of data center infrastructure to Core42, a subsidiary of G42 specializing in artificial intelligence (AI) and cloud services.

Bitcoin has endured days of underwhelming price action, retreating from its all-time high of $108,364 to a local low of $92,100. Despite this sharp pullback, the price structure remains bullish, fueling optimism among analysts and traders who believe Bitcoin's rally could resume at any moment.

Dogecoin (DOGE) has faced significant volatility, with the price plunging 45% from its multi-year high of $0.48. Despite the sharp correction, DOGE has managed to hold above the critical $0.30 level, providing hope for a potential rebound.

Bitcoin's (CRYPTO: BTC) volatile trading around the $100,000 mark has left investors puzzled about its prospects for the next weeks. What Happened: Jim Bianco of Bianco Research highlighted this phenomenon in a post on X on Sunday by quoting an old Wall Street adage: "Markets will do what confuses the most people.

Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.

Crypto ETFs saw substantial outflows last week while Bitcoin and Ethereum prices dipped, but such products still ended the week in the green.

As we head into Christmas, the crypto sector faces brutal price action—a sharp reversal from the euphoria that marked the start of December.

Bloomberg's chief commodity strategist Mike McGlone in a latest X post has shared why the Bitcoin price has reversed and went way below its recent all time high of $108,268 and has dropped even further to $93,000, at the moment.

Bitcoin (BTC) is fluctuating wildly between $92,500 to $94,000 range over the few hours, touching $92,800 earlier this morning, ahead of the largest bitcoin options expiry in history. Scheduled for this Friday, $14 billion in bitcoin options open interest (OI) is set to expire.