El Salvador has agreed to adjust its Bitcoin policies as part of a $1.4 billion loan arrangement with the International Monetary Fund (IMF), according to a Dec. 18 statement. The global financial regulator stated that it had reached a staff-level agreement with El Salvador on a 40-month Extended Fund Facility (EFF).

The miner bought about 968 bitcoin for average price of around $104,258 each.

November was a strong month for the miners as the rally in bitcoin outpaced the rise in the network hashrate, the report said.

Bitcoin dips below $100K as Fed signals fewer rate cuts. Powell dismisses Bitcoin reserve talks, raising investor caution. Read the technical analysis here. The post Fed's Powell Crushes Bitcoin Momentum – Is the $100,000 Floor About to Collapse? appeared first on Cryptonews.

Bitcoin's price experienced a sharp decline on Wednesday, December 19, briefly slipping below $100,000 to hit a low of $98,839. The drop came after the US Federal Reserve's unexpected decision to tighten its monetary policy, catching the cryptocurrency market off guard.

A Binance survey revealed that 16% of respondents hold meme coins, surpassing Bitcoin's 14.4% while staying even more bullish going into 2025.

Ohio is taking a bold step toward Bitcoin adoption. State Representative Derek Merrin has proposed new legislation, called House Bill 703, to allow the state treasury to invest in Bitcoin.

Bitcoin and Ethereum spot exchange-traded funds (ETFs) have recorded consistent inflows for two straight weeks, reflecting sustained investor interest. This comes as Bitcoin continues to trade around $100,000. The post Bitcoin and Ether Spot ETFs See Two Weeks of Inflows appeared first on Cryptonews.

El Salvador's new IMF agreement maintains Bitcoin's legal tender status while making its acceptance voluntary and reducing government involvement, as part of a broader $1.4 billion economic reform package that could unlock additional international funding.

Metaplanet, a Japanese Bitcoin-focused investment firm, will begin trading its shares on the US OTCQX Market on Dec. 19 under the ticker MTPLF. This milestone follows the company's announcement of its Bitcoin Treasury Operations as a core business focus.

Bitcoin ETFs have shown an increase in premarket, even as Federal Reserve Chair Jerome Powell made it clear that the central bank has no plans to accumulate Bitcoin (CRYPTO: BTC). What Happened: As per Benzinga Pro on Thursday, the Bitwise Bitcoin ETF (NYSE:BITB) saw a rise of 1.08%, ARK 21Shares Bitcoin ETF (BATS:ARKB) increased by 1.41%, Grayscale Bitcoin Trust (BTC) (NYSE:GBTC) climbed 1.32%, Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) advanced 1.04%, and iShares Bitcoin Trust ETF (NASDAQ:IBIT) gained 1.26%.

Binance surveyed more than 27,000 users to get predictions for the year 2025. The survey indicates that users are holding a greater percentage of memecoins compared to Bitcoin, with figures standing at 16% for meme coins and 14% for Bitcoin.

The Bitcoin price experienced a significant downturn on Wednesday, briefly falling below the $100,000 milestone as the US Federal Reserve's (Fed) cautious outlook on interest rate cuts dampened crypto investments. At one point in Wednesday's trading session, the market's leading crypto dropped to $98,760 before recovering to the six-figure mark.

Bitcoin (BTC) bull Michael Saylor, who is co-founder and Chairman of MicroStrategy, has expressed a desire to enhance “intelligent leverage” for the company's shareholders as it continues its strategy of investing heavily in the market's leading crypto.

Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change.

Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) as the flagship crypto asset continues to hover above the $100,000 price. Svenson tells his 81,000 YouTube subscribers that based on the Moving Average Convergence/Divergence (MACD) indicator on the daily time frame, Bitcoin could surge higher over the short term.

U.S. spot-listed bitcoin ETFs currently have an AUM of $120 billion compared to gold's $125 billion.

Bitcoin fell below $100,000 following Federal Reserve Chair Powell's comments about Bitcoin ownership restrictions, triggering $700 million in market-wide liquidations and leading to broader cryptocurrency market declines.

El Salvador, the first country to make Bitcoin a legal tender has finally reached a deal with the International Monetary Fund (IMF) for a $1.4 billion loan. It comes at a condition of scaling down its “Bitcoin Project”.

Federal Reserve Chairman, Jerome Powell, recently addressed questions concerning the possibility of a Strategic Bitcoin Reserve in a press conference.

The total crypto market cap slipped below $3.6 trillion briefly.

Bitcoin exchange reserves have hit a record low of 2.4 million BTC, down from 3 million in January 2024, coinciding with price appreciation above $104,000 as institutional investors move assets to long-term storage.

Meme coins are gaining a lot of global traction, and even surpassed Bitcoin as the most-held cryptos among Binance survey participants.

Here's what on-chain data says regarding which segment of the Bitcoin market has been participating in selling at the latest high prices. 90-Day+ Bitcoin Investors Have Been Showing Activity Recently As pointed out by YouTuber denome in an X post, only one segment of the Bitcoin market is still participating in profit-taking.

Bitcoin's recent surge to its ATH $108 has caught the attention of investors, especially after U.S. President-elect Donald Trump suggested the creation of a national Bitcoin reserve. A major factor driving this surge is the historic drop in exchange reserves, which are now at a record low of 2.4 million BTC.

Bitcoin pulled back considerably on Wednesday after previously raising hopes of price pushing to $110,000.

After Bitcoin hit an ATH in December the concern related to its Bitcoin has always been known for its fixed supply of 21 million coins. This cap is what makes it unique and valuable, setting it apart from traditional currencies that can be printed endlessly.

Bitcoin is projected to reach $200,000 by mid-2025, driven by institutional adoption, technical indicators, and potential national reserve creation, with analysts expecting milder price corrections than in previous cycles.

The broader crypto market has continued its volatile trading today, with Bitcoin price witnessing a major setback. The flagship crypto has recently declined below the $100K level amid massive selling pressure noted in the broader financial market, let alone the digital assets space.

Bitcoin's recent price surge has driven up mining equipment costs, with Shenzhen's Huaqiangbei district—a global hub for crypto hardware—seeing a notable 30% price hike.

The contribution goes to one of the main non-profit organizations that funds the development of Bitcoin Core.

The Federal Reserve has dismissed the possibility of holding a Bitcoin reserve, citing legal and institutional limitations. Fed Chair Jerome Powell reiterated this stance during a routine press conference following the year's final Federal Open Market Committee (FOMC) meeting, where the central bank announced a 25 basis point rate cut.

MicroStrategy co-founder Michael Saylor recently told Bloomberg that the company would overhaul its fundraising strategy to add more "intelligent" leverage.

The situation, however, is much less negative than it might seem, so much so that today a rebound might even be possible.

In a report published on December 17, analysts at cryptocurrency exchange Bitfinex stated that a combination of rising institutional adoption of Bitcoin (BTC) and bullish technical indicators could push the leading cryptocurrency as high as $200,000 by mid-2025. The report also predicts that any price corrections during 2025 are likely to ‘remain mild.

The cost of Ant mining machines in China, developed and produced by Bitmain, has increased 30% from the previous year. The post Bitcoin Surge Drives Cost of Mining Machines in China, More Buyers From Russia appeared first on Cryptonews.

Bitcoin price slipped below $100,000 during late U.S. trading hours but bounced back slightly in early Asian trading on Thursday. Will BTC price drop?

Short-term BTC puts are in demand after hawkish Fed dented the bullish sentiment in risk assets.

Memecoins were also tipped by the survey respondents as a top source of market growth next year, behind AI tokens.

The author of Rich Dad, Poor Dad, Robert Kiyosaki, has urged investors to buy Bitcoin now, saying that crypto will hit $350k by 2025.

Specific requirements of the deal include limiting the public sector's bitcoin purchases, and the wind-down of public bitcoin wallet Chivo.

Bitcoin has seen continuous bullish momentum in recent weeks resulting in the asset's consistent new highs. According to recent analysis, this momentum appears to not just be random as it comes amid major moves behind the scenes.

Online reports revealed Craig Wright skipped his UK court hearing today due to an alleged lack of resources to travel. The Australian computer scientist is facing a contempt of court case over his lawsuit against Bitcoin Core developers and could receive a prison sentence if the claim is proved.

El Salvador secured a $1.4B IMF loan by easing Bitcoin policies, allowing businesses to decline the asset and reduce associated risks. The post El Salvador Eases Bitcoin Push to Unlock $1.4B IMF Loan appeared first on Cryptonews.

XRP and DOGE futures recorded an unusually high $70 million in liquidations, indicative of rising speculative activity in majors.

The Bitcoin price has been surging since the start of the quarter and the U.S. election results offered a huge boost to the rally. With this, the price soared effortlessly and marked highs above $108K, marking a fresh ATH.

Bitcoin briefly dipped below $100,000 after hawkish comments from the US Federal Reserve, with an analyst suggesting its price is forming a bearish pattern on the week.