Critics call it heedless; supporters say it's brilliant. Either way, Michael Saylor continues doubling down on Bitcoin.
Fidelity's 2025 outlook report indicates Bitcoin is transitioning from speculation to practical adoption, with increasing interest from nations and corporations, while maintaining that new investors still have time to participate in the market's growth.
The selling pressure from Bitcoin ETF investors also led to a surge in liquidations in the crypto market over the past 24 hours.
TL;DR The U.S. Department of Justice (DOJ) plans to sell 69,370 Bitcoin seized from the Silk Road case, valued at $6.5 billion. The decision caused a 5% drop in the crypto market, significantly impacting Bitcoin, Ethereum, and XRP.
Federal Reserve's planned $612 billion liquidity injection could drive Bitcoin prices higher in Q1 2025, despite current market volatility and regulatory uncertainty.
It is no secret that Bitcoin (BTC) had a stellar year in 2024, reaching a new all-time high (ATH) of over $73,000 in the first six months and surging past the $100,000 psychological level in December
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on as co-head of a new advisory body, the Department of Government Efficiency, or DOGE.
Billy Markus, a software developer who collaborated with Jackson Palmer to create the original meme cryptocurrency Dogecoin in 2013, has taken to his X social media account to repost a video extract from a recent speech made in the US Senate by Senator Joni Ernst (IA) from the Republican Party.
The year 2025 begins under the sign of instability for the crypto market. After briefly exceeding the symbolic threshold of 100,000 dollars on January 7, Bitcoin experienced a dramatic reversal, falling to 92,500 dollars in just a few hours.
Bitcoin's (BTC) price has recently fallen below $95k, continuing to validate short-term bearish sentiment. However, several key indicators suggest that the leading cryptocurrency might be poised for a significant rebound in the near future.
In a recent post on X, El Salvador's President Nayib Bukele hinted at an opportunity to purchase Bitcoin at a discount. This follows the US government's decision to sell seized assets from the defunct Silk Road marketplace.
The cryptocurrency market has experienced a strong bearish action this week with top tokens recording a significant correction in their respective valuations. Following this, the price of Bitcoin has dropped around its important support zone of $90,000.
In crypto, history often repeats itself, and Dogecoin might be ready to take advantage.
This collection consists of just 160 total Trump Ordinals. So, it is a rare and highly sought-after item for crypto enthusiasts and Trump fans.
Trump's Bitcoin push and strong institutional inflows have driven US-based BTC holdings to historic levels.
The ongoing Bitcoin correction was largely expected after registering impressive growth in the last two months of 2024.
Amid the ongoing correction phase, the crypto market is bleeding intensely. As bullish liquidations skyrocket, Bitcoin (BTC) price nears the $92K support.
In the past 24 hours, $521 million has been liquidated from the crypto market.
Dogecoin maintains support at $0.34 following a 14% correction, with technical analysis suggesting potential for upward movement pending a break above the $0.43 resistance level.
Bitcoin has experienced notable price volatility since the start of the year, with its performance showing mixed signals. Institutional investors, however, appear to have maintained their confidence in the asset despite recent market corrections.
According to CNBC, Cuban said, “I think it has more value”. He is referring to Bitcoin when asked about his choice between the two assets.
El Salvador continues to defy global financial norms by expanding its Bitcoin reserves, adding 11 BTC to its holdings despite pressures from the International Monetary Fund (IMF). The purchase, valued at nearly $1 million, reflects the Central American nation's persistent alignment with cryptocurrency as a pillar of its economic policy.
A widely followed cryptocurrency analyst and trader is leaning bearish on Bitcoin (BTC) over the short term. The analyst pseudonymously known as Bluntz tells his 307,000 followers on the social media platform X that Bitcoin's price action is “concerning” amid the flagship crypto asset failing to hold above the $100,000 level.
U.S. Bitcoin reserves surpass offshore holdings by 65%, with MicroStrategy leading corporate Bitcoin holdings at 444,262 BTC, valued at $41.4 billion.
Oklahoma Senator Dusty Deevers has proposed the Bitcoin Freedom Act, allowing state residents and businesses to use Bitcoin for salaries, transactions, and investments.
The US Department of Justice (DOJ) has announced plans to liquidate 69,370 Bitcoin valued at $6.5 billion, seized from the infamous Silk Road case. While headlines focus on the staggering sum, this move isn't just a one-off financial manoeuvre; it reflects a strategic approach to managing the complexities of holding and disposing of digital assets.
On-chain data reveals Bitcoin long-term holders are gradually increasing their positions, indicating renewed confidence during the current market consolidation phase.
Bitcoin and Ethereum ETFs recorded combined outflows of over $740 million on Wednesday, led by Fidelity's FBTC's $258 million withdrawal, amid macroeconomic concerns and falling crypto prices.
The score is 1 out of 5 but there is talk of an investment opportunity for traders.
A federal court has authorized the U.S. Department of Justice to sell 69,370 Bitcoin worth $6.5 billion seized from Silk Road, despite opposition from Battle Born Investments.
A special administrative region in Bhutan announced on Wednesday that it will hold Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and BNB Coin (CRYPTO: BNB) as part of its strategic reserve. What happened: Gelephu Mindfulness City, situated in the south-central part of the Himalayan nation, said in a statement that they opted for cryptocurrencies with large capitalizations to ensure ease of trading and to avoid liquidity risks.
A new Quantile Bitcoin model predicts a 50% chance of Bitcoin reaching $1 million by 2034, contradicting more optimistic short-term predictions while providing a detailed statistical timeline for various price milestones.
Santiment suggested that the drop could be a prime opportunity for contrarian investors to capitalize on Dogecoin's potential resurgence.
Bitcoin price has declined by more than four percent in the last month amid weak metrics but there's a good chance a reversal isn't far off.
Oklahoma's proposed Bitcoin Freedom Act would enable state employees and businesses to voluntarily receive and make payments in Bitcoin starting November 2025.
The United States government recently sold 69,370 seized Bitcoins despite Trump's promises of creating a strategic Bitcoin reserve.
Glassnode recently disclosed that the bitcoin market shifted to a new phase this year, following the rise to over $100K experienced after President Donald Trump's victory in the polls. Glassnode states that the movements of whales indicate that a distribution phase has already started.
The Federal Reserve released the minutes of its December 17-18 meeting on Wednesday, revealing heightened concerns among officials about the economic impact of President-elect Donald Trump's policy proposals.
A Texas court ordered early Bitcoin investor Frank Ahlgren III to surrender access to $124 million in cryptocurrency after he pleaded guilty to tax evasion and received a two-year prison sentence.
Bitcoin's price retreated below $95,000 as short-term holders moved $2.4 billion worth of BTC to exchanges, marking one of the largest single-day movements in recent months.
Spot bitcoin ETFs reported total net outflows of $582 million, while spot ether ETFs saw $159 million in net outflows on Wednesday.
Defying an IMF agreement, which stipulates El Salvador to reduce its economy's exposure to the Bitcoin market, the Central American country has recently purchased at least eleven BTC for nearly $1 million.
Bitcoin (BTC) experienced significant volatility to start the year, several large-cap altcoins managed to outperform the broader market, showing resilience in the face of uncertainty. Among these standout performers were Cardano (ADA), Stellar Lumens (XLM), and Injective (INJ), each posting impressive gains despite Bitcoin's recent pullback.
Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act. The bill allows voluntary adoption of Bitcoin for wages.
Spot Bitcoin exchange-traded funds in the United States recorded their highest outflow day on Jan. 8 over the last three weeks as Bitcoin briefly dipped under $93k, resulting in market-wide panic among investors.
Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.
In a recent blog post, serial crypto entrepreneur and commentator Arthur Hayes predicted that fresh liquidity injections into the US economy following President-elect Donald Trump's inauguration could spur a Bitcoin (BTC) rally in Q1 2025. Money Printing To Propel Bitcoin?
AI16Z has dumped the most today.