Bitcoins transformative journey in 2024 has set the stage for a pivotal year ahead, with institutional adoption, regulatory clarity, and technological innovation driving its evolution as a mainstream asset. As 2025 begins, the crypto community is buzzing with questions about where Bitcoins price and adoption curve will head next.
Bitcoin (BTC) has recently experienced a significant price surge, nearing its all-time high as it continues its volatile trajectory toward the end of 2024. With the cryptocurrency trading at $102,235, Bitcoin has gained 10% in value over the past week, approaching its previous peak of $108,268.
Elon Musk, on Tuesday, predicted a potential drop in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) if dollar inflation is addressed. What Happened: The Tesla and Space X CEO expressed his views on how cryptocurrencies would benefit if inflation and government overspending were curbed “If dollar inflation is solved, the price in dollars to buy cryptocurrency will actually drop, other things being equal,” Musk wrote in an X post.
Bitcoin's price skyrocketed to crazy new highs in 2024, leaving the financial world pretty stunned. It hit $108,000, which is a massive 124% jump for the year.
Bitcoin has finally reclaimed the highly anticipated $100K mark after days of consolidation and lingering negative sentiment. The psychological milestone had been a key resistance level, with many investors and analysts closely monitoring BTC's price action for clues about its next big move.
The Governor of the Czech National Bank (ČNB), Aleš Michl, said the central bank is considering allocating Bitcoin (BTC) to diversify its reserves during a Jan. 6 interview with CNN Prima News. Michl revealed this consideration by the ČNB while discussing the importance of diversifying the bank's holdings among stocks, bonds, gold, and cash deposits.
Bitcoin has soared past the $102,000 mark, marking a significant milestone as U.S. buyers make their presence known again in the market. The recent surge follows strong buyer activity that has triggered a sharp increase in the Coinbase Premium Index, indicating that American investors are back in action, further fueling the cryptocurrency's rally.
Ripple has partnered with Chainlink to provide robust pricing data for its RLUSD stablecoin, according to a Jan. 7 statement. The integration introduces Chainlink's blockchain technology to Ripple's ecosystem, delivering secure and verifiable price feeds directly on Ethereum's network.
The world's largest cryptocurrency may be at risk of a supply shock as demand from United States (US) Spot Bitcoin Exchange Traded Funds (ETFs) has surged far beyond expectations. In December 2024, the volume of BTC acquired through Spot Bitcoin ETFs more than tripled the amount mined during that same month, underscoring the severe imbalance between supply and demand.
With a significant move at the start of the week, Bitcoin has revisited the pivotal $100,000 milestone once again. This move has triggered a wave of fresh optimism among crypto enthusiasts as several key metrics have also seen positive movements alongside the recent upswing.
The governor of the Czech National Bank, Aleš Michl, has expressed interest in Bitcoin as a potential addition to the country's foreign exchange reserves.
The irony of the crypto market is how much it falls when the economy is doing well. On Tuesday, a couple of important economic readings came in better than expected, and Bitcoin (BTC -5.53%) and other cryptocurrencies dropped on the news.
XRP's bullish signals hint at a potential price rally.
XRP price is up 14% in the last seven days but has entered a consolidation phase, consistently trading between $2.34 and $2.46 for the past six days. This period of range-bound movement reflects balanced market sentiment, with neither bulls nor bears taking control.
CFTC alleged Gemini provided inaccurate data on Bitcoin price manipulation safeguards, a charge the crypto firm denies.
Technical analysts are spotting bullish indicators for XRP, including a historically reliable buy signal from the SuperTrend indicator, sparking predictions of a potential major price surge if history repeats
Arthur Hayes predicts a Bitcoin price peak in March 2025, driven by shifting liquidity conditions and macroeconomic factors, but cautions investors about potential volatility in the first quarter.
The crypto market experienced a sharp decline led by Bitcoin's 5% drop from its $102,000 high, as strong U.S. job data and steady Federal Reserve rate projections dampened hopes for monetary easing, resulting in over $400 million in liquidations across major digital assets.
Czech Republic's central bank Czech National Bank (CNB) Governor, Aleš Michl said the Bank is considering taking on Bitcoin as a reserve currency. In an interview with CNN Prima News, Governor Michl said the Bank is thinking of investing a small amount of central bank funds in Bitcoin as a diversification asset.
Bitcoin miners in the United States are adapting to intense pressure from rising costs and heightened competition for resources. Mining giants such as Mara Holdings and Riot Platforms have raised a total of $3.7 billion since November, investing heavily in Bitcoin reserves as a means to weather the storm.
Bitcoin's current valuation stands between $96,512 to $97,121 over the last hour, boasting a market capitalization of $1.91 trillion and a 24-hour trading volume amounting to $59 billion, indicative of intensified market engagement. The cryptocurrency oscillates within an intraday spectrum from $96,163 to $102,760.
According to a concerning new report, Bitcoin ETF issuers are acquiring BTC more than 20 times faster than miners can produce new blocks.
The cryptocurrency market was not doing well on Tuesday as Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other digital assets plunged. The crypto market crash occurred in tandem with other risk-off events in the global financial market owing to rising US treasury yields, a more hawkish Fed and heightened macroeconomic uncertainty.
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets in general.
Bitcoin observed nearly 5% weekly gain and reclaimed the $100,000 milestone. The new year renewed BTC holders' hopes for further gains, following the sell-off in the holiday season.
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Bitcoin briefly retested the price level above $100,000 on Jan. 6, but the flagship cryptocurrency dipped below the six-digit mark again.
CNBC's Tanaya Macheel joins 'Closing Bell' to report on the fall in bitcoin's stock in the new year.
Wondering about Bitcoin's price in 2025? Explore this analysis of expert predictions, market trends, and key factors influencing Bitcoin's future value in 2025.
The Chinese yuan has extended its three-month losing trend, sliding to its lowest since September 2023. "Markets Daily" host Jennifer Sanasie breaks down what CNY's strength means for bitcoin price.
Ripple President Monica Long expects to see their new stablecoin RLUSD on more platforms 'imminently' and says we will see an XRP ETF soon. She speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto.
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As nations worldwide reevaluate cryptocurrency regulations, the Czech Republic emerges as a progressive force with new tax policies and institutional interest in Bitcoin, while its central bank governor weighs digital assets against traditional reserves.
Arthur Hayes, co-founder of Bitmex, has made waves with his prediction that Bitcoin (BTC) could reach a peak of $101,847 by mid-2025 before experiencing a significant market correction. His forecast is based on the liquidity environment expected to prevail in early 2025, along with the potential influence of political changes, such as Donald Trump's return to the White House.
Monica Long, president at Ripple, believes that the XRP cryptocurrency will be next in line for spot ETF approval in the U.S.
Nexo's latest Dispatch report discussed Bitcoin crossing $100,000, Ethereum gaining traction, and Solana facing potential headwinds as 2025 begins with surging market activity. Bitcoin broke through the $100,000 mark this week, a milestone highlighted in Nexo's latest “Dispatch” report.
FOX Business caught the attention of the cryptocurrency world by declaring XRP as the coin to watch in the rapidly expanding crypto market. The discussion took place during a segment where FOX Business correspondent, David Stryzewski, CEO of Sound Planning Group, shared his insightful analysis of the crypto landscape.
Bitcoin price sold-off today, but heavy demand below $98,000 is prepping the market for the next leg higher.
Governor Aleš Michl of the Czech National Bank considers Bitcoin as a potential reserve asset to diversify the bank's portfolio. While Bitcoin's volatility raises questions, the bank focuses on increasing gold holdings, signaling cautious steps toward integrating cryptocurrency into financial strategies. The post Czech Republic Central Bank Explores Bitcoin as Reserve Asset appeared first on Cryptonews.
Bitwise CEO and co-founder Hunter Horsley believes many more publicly traded companies will add Bitcoin (BTC) to their balance sheets in 2025. The head of the crypto asset manager Bitwise says on the social media platform X that investors may see a lot more companies adopting Bitcoin as a corporate strategy this year.
Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.
Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.
Dennis Porter, co-founder and chairman of the 501(c)(4) non-profit Satoshi Action Fund, has revealed a significant development in US state-level Bitcoin initiatives. On December 7, via X, he declared, “A 14th state is now poised to introduce ‘Strategic Bitcoin Reserve' legislation.
Crypto analyst Mikybull Crypto has provided a bullish outlook for the XRP price despite its recent pullback. The analyst predicted that XRP could record a price breakout to $3 this month.
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, has once again made headlines with his bullish forecast for Bitcoin. The finance guru, known for his advocacy of alternative assets like gold, silver, and Bitcoin, believes that Bitcoin could soar to between $175,000 and $350,000 by 2025.
Bitcoin Layer 2 foundations are building on Bitcoin. So, why aren't they storing their treasuries in it?
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.