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news-imageDecember 14, 2024

Crypto's New Era: Bitcoin's Highs, Altcoin Momentum, and Bold U.S. Plans

As Bitcoin has made a historic milestone crossing $100k this month, the market is happy as well as skeptical. Crossing this psychological resistance is a great achievement, but would it be possible for BTC to move forward or is it exhausted for the season? There are many questions looming around for the future of crypto.
Publisher: CoinPedia
Sentiment: Positive
BTC

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cover-imageThe Currency Analytics
December 14, 2024

2025 to Be a ‘Big Year' for Bitcoin, Says Pantera Capital Founder

Dan Morehead, the founder and managing partner of Pantera Capital, a leading hedge fund focused on cryptocurrency, has forecasted that 2025 will be a monumental year for Bitcoin. Speaking in a recent CNBC interview, Morehead emphasized his bullish outlook for Bitcoin, pointing to the increasing clarity around regulations and growing institutional interest as key drivers behind Bitcoin's continued ascent.

Negative
cover-imageThe Currency Analytics
December 14, 2024

Ledger Faces Backlash After $2.5M in Bitcoin and NFTs Stolen

Ledger, a leading provider of hardware wallets designed for securely storing cryptocurrency, is facing intense scrutiny following reports that a user lost $2.5 million worth of digital assets due to a security breach involving their Ledger Nano S device. The incident, which involved 10 Bitcoin valued at around $1 million and NFTs worth an additional $1.5 million, has raised serious questions about the security measures in place for hardware wallets, widely regarded as one of the safest methods for protecting cryptocurrencies.

Positive
cover-imageCoinPedia
December 14, 2024

Japan's National Diet Bitcoin Reserve Proposal: A New Chapter in Crypto Adoption

The political sentiment of the United States towards the cryptocurrency industry has turned encouraging, since pro-Crypto candidate Donald Trump won the US presidential election, defeating Kamala Harris, who represented a crypto-skeptic regime. The country is expected to establish a Bitcoin reserve as soon as Trump assumes the seat of power in late January, 2025.

Positive
cover-imageThe Currency Analytics
December 14, 2024

Vancouver Explores Bitcoin Integration with City Council Motion

The motion, introduced by Mayor Ken Sim, was passed at the December 11, 2024 Standing Committee meeting and directs city staff to investigate the feasibility of accepting Bitcoin for taxes and fees, as well as potentially incorporating Bitcoin into the city's financial reserves.

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cover-imageCoinPedia
December 14, 2024

Crypto Tax Evasion: Bitcoin Investor's $4M Misstep Lands Him in Prison

Recently the sentencing of Bitcoin investor Frank Richard Ahlgren III has sparked a critical conversation about the importance of reporting cryptocurrency gains honestly. Ahlgren, who failed to accurately report $4 million in Bitcoin sales between 2017 and 2019, was sentenced to two years in prison and ordered to pay over $1 million in restitution.

Positive
cover-imageCoingape
December 14, 2024

Bitcoin ETF AUM Will Surpass Gold ETF By Year-End, Says Expert

Spot Bitcoin ETFs have witnessed heavy inflows over the past two weeks with BlackRock's IBIT taking the lead. Last week, the total assets under management for the Bitcoin exchange-traded fund (ETF) crossed $100 billion with market analysts expecting it to overtake Gold ETF by the year-end.

Positive
cover-imageCoinPedia
December 14, 2024

Bitcoin Price Prediction Today (14th Dec 2024)!

The cryptocurrency market has added 1.49% to its valuation in 24 hours with a trading volume of $168.88 billion, a change of -15.21%. With this, the crypto space is currently valued at $3.65 Trillion. Following this, the Bitcoin price reclaimed the $101,000 mark.

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