The XRP chart shows a descending flag pattern, indicating that the asset has entered a critical phase. A possible decline is frequently indicated by this bearish continuation pattern.

Despite numerous forecasts that Bitcoin's (BTC) price could surge to $120,000 before year-end, the coin has encountered a setback, now trading below $97,000. However, historical data indicates that such pullbacks often present an opportunity for new Bitcoin buyers to accumulate.

U.S. spot bitcoin exchange-traded funds (ETFs) took a hit the day before Christmas Eve, while ethereum ETFs embraced some positive vibes. Holiday Havoc: Bitcoin ETFs Lose, Ethereum ETFs Soak Up Inflows There's been a heap of market jitters floating around, amplified by the typical holiday lull. On Dec.

Russian authorities reportedly plan to prohibit cryptocurrency mining in 10 regions and impose seasonal restrictions in three others beginning January 1, 2025, amid growing concerns over energy shortages.

Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows into exchanges remain elevated.

MicroStrategy has scheduled a special shareholder meeting to approve changes in its equity issuance strategy to fund additional Bitcoin acquisitions.

Investors showed confidence in Ethereum, pushing $51 million in inflows, as Solana faced $8.7 million in outflows during the same period.

A quant has explained how the latest trend in the Bitcoin Coinbase Premium Index could imply a buying opportunity for the asset. Bitcoin Coinbase Premium Index Has Plunged To -0.221% In a CryptoQuant Quicktake post, an analyst talked about the latest development in the Bitcoin Coinbase Premium Index.

Last week, the price of bitcoin took a tumble, and right alongside it, the network's computing muscle flexed down from a whopping 806 exahash per second (EH/s) on Dec. 14 to a mere 771 EH/s by Dec. 21.

On Dec. 24, 2024, the amount of mined bitcoins crossed the 19,800,000 mark, leaving less than 1.2 million bitcoins remaining until the total supply is exhausted. After the 2024 halving, approximately 450 bitcoins are mined each day.

MicroStrategy has submitted a proxy filing with the SEC seeking shareholders approval to boost its Bitcoin's 21/21 Plan.

A widely followed crypto analyst is warning that Bitcoin (BTC) may suddenly undergo a massive correction. In a new strategy session, Benjamin Cowen tells his 850,000 YouTube subscribers that the extension from the 20-week simple moving average (SMA) is flashing bearishness for Bitcoin.

Jason Calacanis, who is considered to be the greatest angel investor of all time, has suggested that business intelligence firm MicroStrategy might end up breaking "the game of Bitcoin" due to its massive purchases.

Over the last few weeks, the Bitcoin price has been on a downward trend, experiencing significant declines that have pushed it below its all-time high above $104,000. Despite this price crash, a crypto analyst has predicted that Bitcoin could recover from this slump and potentially reach a new ATH at $107,000.

President-elect Donald Trump told CNBC's Jim Cramer on Dec. 12 that "we've got to produce a tremendous amount of electricity" to "do something great with crypto." Someone understands Bitcoin.

Why is Robinhood reluctant to hold Bitcoin while others dive in?

Despite Bitcoin's 130% surge to $98,600 in 2024, most mining firms struggled due to decreased block rewards and increased operational costs. The post Bitcoin miners struggle despite BTC's 130% surge in 2024 appeared first on Crypto Briefing.

The government of El Salvador raised its daily Bitcoin (BTC) purchase by elevenfold on two separate days in the past week. The Central American country started buying one BTC every day in November 2022, shortly after the crypto exchange FTX imploded. Last Friday, however, El Salvador purchased more than 11 BTC worth $1.

XRP is currently trading at $2.34, up over 7% on the Christmas eve. Analysts predict that XRP could be eyeing a rally to its yearly high of $2.91 after its recent gains.

Data reveals that Bitcoin's total circulating supply has surpassed the 19.8 million mark, a notable milestone as the cryptocurrency edges closer to its maximum supply cap of 21 million. 19.8 Million Bitcoin Mined, Less Than 1.2 Million Left Bitcoin's supply mechanism has always been one of its defining features, with its capped issuance ensuring scarcity.

TL;DR Bitcoin surpassed $98,500 after a 5.65% increase, driven by large volume buyers in the spot market, reviving the “Santa rally.” Optimism grows in the crypto market. BTC reached new local highs and over $40 million in short liquidations in 24 hours.

The latest investigation suggests that North Korean hackers, known as the TraderTraitor group, were behind the Japanese crypto exchange DMM Bitcoin hack. The TraderTraitor hackers reportedly have close ties with the infamous Lazarus Group.

Bitcoin has been struggling to reclaim the $100,000 mark, facing persistent resistance while finding strong support around $94,000. Yesterday brought an interesting twist to the crypto market.

However, the prices of both Bitcoin and Ethereum rose on Tuesday, which could signal a reversal of the current outflow trend.

Here's what you need to know about MicroStrategy's latest BTC plan.

The price of Bitcoin, the leading cryptocurrency by market capitalization, is approaching the $100,000 level once again on Christmas Eve.

The current behavior of Bitcoin's short-term holders pointed at a possible correction before a rebound.

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A new report from the Open Dialogue Foundation details what's coming down the pike regarding regulation around non-custodial Bitcoin and crypto wallets in the European Union, and the organization can use your help as it pushes back against unfavorable proposals.

Last week, Federal Reserve Chairman Jerome Powell wanted everyone to know one thing: the Federal Reserve isn't touching Bitcoin. Not now, not ever.

Bitcoin (CRYPTO: BTC) advocate and MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor asserts that Bitcoin's meteoric rise to over $100,000 has decisively proven its legitimacy and laid the groundwork for its potential ascent to $13 million per coin. In a podcast with Tom Bilyeu published on Dec. 17, Saylor predicted Bitcoin will grow at an average annual rate of 29%, fueled by increasing institutional participation and broader educational initiatives aimed at demystifying the asset.

As the market continues to rattle in the wake of last week's hawkish Federal Open Market Committee (FOMC) conference, hopes of a Bitcoin ‘Santa Claus rally' appear snubbed. The post Holiday Cheer Snubbed as Bitcoin Price Plummets 15% – Is the ‘Santa Rally' Dead? appeared first on Cryptonews.

Bitcoin smashed through the $100,000 mark this month, erasing doubts about the career choices of Wall Street elites who risked everything for crypto. These weren't small-time players—they were Ivy League graduates and high-powered financiers from companies like Morgan Stanley and BlackRock.

Bitcoin (BTC) retraced below the $100,000 psychological level, bringing uncertainty for some and a buying opportunity for others. As a display of the latter, exchanges registered over $2 billion in BTC outflow from their accounts in a week – the largest Bitcoin outflow this year.

Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,100.74 +5% Ethereum (CRYPTO: ETH) $3,478.79 +4% Solana (CRYPTO: SOL) $196.49 +6% XRP (CRYPTO: XRP) $2.31 +6.1% Dogecoin (CRYPTO: DOGE) $0.3338 +6.9% Shiba Inu (CRYPTO: SHIB) $0.0000231 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 158.7%.

In December 2024, Bitcoin experienced a slight decline of 2.4%, raising questions about the end of the bull market. Despite this drop, BTC remains a winning asset for the year, with an increase of nearly 50% in the fourth quarter.

Bitcoin's short-term outlook continues to appear negative as volatility mounts in the general crypto market. Over the past few days, the digital asset has dropped as high as 11% since reaching a new all-time high, triggering speculation within the community about an extended price correction to previous support levels.

According to widely-followed crypto influencer ‘artchick,' Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) will not be the main meme coin beneficiaries of a rally. The influencer's forecast hinges on Bitcoin (CRYPTO: BTC) maintaining its momentum and Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) outperforming.

Microstrategy's treasury operations secured 3,177 bitcoins last week—worth $299 million—intensifying its aggressive BTC acquisition push and reinforcing its position as the largest corporate bitcoin holder.

Rexas Finance leads the charge in real-world asset tokenization, alongside Shiba Inu, Binance Coin, and Tron, as altcoins poised for exponential growth in the next Bitcoin rally. #partnercontent

Bitcoin bulls everywhere may be in for a green Christmas as BTC price action sees a snap rebound.

Bitcoin bulls everywhere may be in for a green Christmas as BTC price action sees a snap rebound.

MicroStrategy (MSTR), the business intelligence firm, is in the news again. This time, there are speculations that the Michael Saylor-led firm plans to issue 10 billion MSTR shares to purchase an additional $3 trillion worth of Bitcoin (BTC).

The ignition of a new phase of the 2024 cryptocurrency bull market in early November appeared to promise a parabolic Christmas for Bitcoin (BTC) but as more recent trading proved, something might have burned out during the rocketing.

Recently, during a press conference after the monetary policy meeting, Fed Chair Jerome Powell made it clear that Fed has no intentions of taking part in any government plan to accumulate Bitcoin.

Crypto analyst TradingShot has provided insights into the Bitcoin price recovery to $150,000. He analyzed the Fibonacci levels to provide insights into how Bitcoin could reach this new high, although the analyst suggested that there could be more price correction before that happens.

The Bitcoin market fell a bit in the early hours on Tuesday, but at this point in time, the market is looking to rally a bit. It has been strong since the bounce at the 50 Day EMA earlier.

TL;DR Robinhood has discussed internally the possibility of holding Bitcoin but has no current plans to do so. Despite not holding Bitcoin in its treasury, Robinhood's stock is closely correlated with the cryptocurrency's performance.