Over 20 on-chin metrics and indicators suggest that BTC is not done with this bull run yet and still has the potential to reach unprecedented highs.
Metaplanet, a Japanese investment firm, has issued more debt to buy Bitcoin despite apparent pushback from shareholders this week.
The company announced the acquisition of $1 million in Bitcoin and other cryptocurrencies on Dec. 20, triggering a 10% drop in its stock.
The crypto market has been marked by a historic event: Bitcoin exchange-traded funds (ETFs) recorded a net outflow of $671.9 million in a single day. This event represents the largest fund outflow ever recorded for these financial instruments, highlighting a complex and changing dynamic in the cryptocurrency investment landscape.
The SEC approved the first-ever hybrid Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton, broadening institutional crypto access.
Bitcoin is under intense bearish pressure as it struggles to reclaim the $99,575 mark, a key resistance level that has proven to be a significant hurdle. After an impressive rally earlier in the month, BTC's momentum has slowed, with sellers taking control and keeping the cryptocurrency in a tight range below this critical threshold.
Bitcoin's recent price drop from $99,000 has raised questions among investors and analysts about the cryptocurrency's next move. As BTC hovers around $96,000, many are speculating whether the dip signals a larger sell-off or merely a temporary pause before a bullish recovery.
Horizen price spiked more than 60% in 24 hours as the cryptocurrency market looked to recover from a massive dump that saw top altcoins crash to key support levels. On Dec.
TL;DR More than $2.6 billion in Bitcoin and Ethereum options expire today, which could generate significant volatility in the prices of both cryptocurrencies and altcoins. Bitcoin accounts for $2.02 billion of the expirations, while Ethereum represents $598.99 million.
Nic Carter lays out his arguments against a Bitcoin Strategic Reserve.
France's banking giant, Groupe BPCE, is reportedly set to roll out Bitcoin investment services for its massive customer base of 35 million. This is done through Hexarq, BPCE's crypto-focused subsidiary, with a fully licensed operation backed by France's financial regulator, the Autorité des marchés financiers (AMF).
The excitement of the Bitcoin (BTC) bull run, coupled with the holidays, has many individuals looking for the perfect “crypto-themed” gifts to give to their loved ones. The post Five Unique Holiday Gifts For Bitcoin and Crypto Enthusiasts appeared first on Cryptonews.
El Salvador bought 11 BTC, increasing its reserves to 5,980 BTC, worth around $580 million. The IMF deal requires scaling back government Bitcoin activities, including shutting down the Chivo wallet.
Social media mentions of ‘buy the dip' hit an 8-month high as Bitcoin dropped below $100K. The social dominance score reached its highest level since April 12, 2024.
Ark Invest CEO Cathie Wood reiterated her bullish outlook on Bitcoin (BTC), predicting that it will soar past $1 million by the end of the decade. She made the prediction during a Bloomberg Markets interview, in which she attributed Bitcoin's rising value to its finite supply of 21 million coins and growing institutional interest.
Michael Saylor, Chairman of MicroStrategy business intelligence firm, dropped his usual post on X. The message reflects Saylor's bullish disposition to Bitcoin (BTC) regardless of market dynamics.
BPCE enables BTC and crypto purchases via its subsidiary Hexarq.
Bitcoin (BTC) is facing a bearish short-term indication, with a "death cross" appearing on its hourly chart. Bitcoin's 50-hour moving average has markedly fallen below the 200-hour moving average, confirming a "death cross.
Crypto markets barreled downwards on Friday, Dec. 20, driven by Bitcoin's drop below $100,000, a broad spot price dip, and a funding flush
Looking at the current situation on the cryptocurrency market, one can wonder how everything was "blooming and smelling" three days ago. Back then, Bitcoin (BTC) was trading above $108,000, Ethereum was valued at an arm's length away from $4,000 and Solana failed to collapse 34% from its all-time high.
TL;DR The SEC approves the first hybrid ETFs combining Bitcoin and Ethereum, a significant step towards integrating cryptocurrencies with traditional markets. The funds, Hashdex Nasdaq Crypto Index US and Franklin Crypto Index, will have an approximate distribution of 80% Bitcoin and 20% Ethereum.
El Salvador buys 11 Bitcoin after a $1.4 billion loan from the IMF. A daring strategy despite restrictions.
Billy Markus, founder of Dogecoin (DOGE) known on social media as Shibetoshi Nakamoto, dropped a cryptic post on X. The post reflects his reaction to the rapid decline witnessed in the prices of Bitcoin (BTC), Dogecoin (DOGE) and Ethereum (ETH).
The FOMC press conference was held on Wednesday, as the Chairman told us that he doesn't know what to do. With this, risk appetite has been bashed, and therefore, Bitcoin will struggle.
BTC price weakness finds support at familiar levels with Bitcoin traders seeing historical patterns playing out.
Bitcoin has managed to keep its lead in the crypto market for the time being, but the rise of varying altcoins shows that they will very likely overtake it shortly. These cryptocurrencies are gaining strength due to their unique aspects and core communities.
The correction continues on the crypto market, according to CoinStats.
While the crypto market continues to wipe out deposits on a large scale and liquidate overly greedy and late traders, large-scale cryptocurrency transfers involving unknown wallets continue to take place in the background. One such attention-grabbing transfer was the transfer of 666 BTC, which at current prices is equivalent to $62.17 million.
Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, is garnering significant attention from the crypto community following a continuous price decline. However, there are several speculations regarding this price drop. Some believe it might be linked to the defunct crypto exchange Mt. Gox, while others attribute it to Fed Chair Jerome Powell's anti-crypto stance.
The Bitcoin price has dropped below the $100,000 psychological level and is now holding between the $96,000 and $98,000 range. Crypto analyst Ali Martinez provided insights into why Bitcoin could be holding well within this range.
An analyst who nailed Bitcoin's pre-halving correction this year is laying out a worst-case scenario as BTC dips to $97,000. The analyst pseudonymously known as Rekt Capital tells his 102,000 YouTube subscribers that Bitcoin is technically in a parabolic uptrend but could decline further based on historic precedence.
Bitcoin's price correction dragged major altcoins with it with the global crypto market cap decreasing by 9.53%. Major Altcoins Follow BTC Dip Bitcoin‘s price correction extended into Friday, Dec. 20, as the number one crypto continued to shed its recent gains.
It was another wild week for the entire cryptocurrency market, with a new BTC peak as well as a massive double-digit crash.
Popular crypto trader known online by the nickname DonAlt shared an updated outlook on the price of Bitcoin (BTC). The price of the major cryptocurrency has lost over 14% in the last three days and is currently trading at just under $94,000 per BTC.
The U.S. Securities and Exchange Commission (SEC) has approved the first crypto index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton.
Tokyo-based investment firm Metaplanet Inc. has successfully raised 9.5 billion yen (approximately $60.6 million) by issuing two tranches of bonds to enhance its Bitcoin acquisition strategy.
Bitcoin's (CRYPTO: BTC) dip to as low as $92,805 is the lowest price since Nov. 26, when the apex crypto last traded below $91,000. Cryptocurrency traders and analysts alike are speculating whether Bitcoin has found a bottom at these prices or is to sink further.
The Bitcoin market fell hard early in the Friday session, but also seems to have found a bit of support at the 50 Day EMA indicator. At this point, the market is likely to see a lot of volatility, but at this point in time, the market is still very
Bitcoin (BTC) whales are buying assets in large volumes following the recent dip in the crypto market. These large volumes mostly come off Binance as whales seek to move assets to other custodians, which signifies long-term holdings.
Data shows the Bitcoin Coinbase Premium Index has plunged into the negative territory alongside the latest asset price downturn. Bitcoin Coinbase Premium Index Is Currently In The Red Zone As explained by an analyst in a CryptoQuant Quicktake post, the Coinbase Premium Index has seen a decline recently.
When the Russian Central Bank announced it wouldn't touch its 21% interest rate, it caught many off guard. People expected a hike—maybe to 22%, maybe even higher. But nope. They stuck to their guns.
I'm in favor of BIP 21Q – it's a clever way to resolve known problems with Bitcoin denominations.
Bitcoin (BTC) has flipped a major milestone: $100,000. BTC, after crossing this price threshold on 5th December 2024, made 14,211 new millionaires as well as 4 new billionaires.
MicroStrategy (NASDAQ:MSTR), known for its aggressive Bitcoin (CRYPTO: BTC) acquisition strategy, may temporarily pause its purchases in January due to an alleged blackout period. What Happened: Speculation about the potential halt stems from claims that the company could suspend issuing convertible debt or conducting “at-the-market” (ATM) share sales to fund Bitcoin buys, Protos reported.
Bitcoin, Ethereum, Solana, and XRP are down bad, but Dogecoin is the biggest loser by far in the top 10 coins with a 19% daily dump.
Historically, the fourth quarter is the bitcoin's best; this year it's underperforming.
TL;DR OKX has launched the Ordinals Launchpad, simplifying the process of inscribing and trading Bitcoin-based collections, and empowering creators. The platform features “SelfScribe” technology for direct on-chain inscription, multi-marketplace integration, and competitive creator fees.
Cathie Wood, the influential fund manager and founder of ARK Investment Management, has once again shocked the financial world with her bold forecast about Bitcoin's future. She claims that the cryptocurrency could surpass one million dollars by 2030.