A man who claims to be the creator of Bitcoin (BTC) has been declared in contempt of court in the UK. Australian computer scientist Craig Wright has been handed a one-year sentence, suspended for two years, for filing a $1.2 trillion lawsuit against the payments firm Block.
Lombard Finance aims to produce a yield-bearing bitcoin token, and potentially unleash a new wave of liquidity into the DeFi ecosystem.
The International Monetary Fund (IMF) said Wednesday (Dec. 18) that El Salvador will alter its bitcoin project as part of a staff-level agreement on a $1.4 billion Extended Fund Facility (EFF). “The potential risks of the Bitcoin project will be diminished significantly in line with Fund policies,” the organization said in a Wednesday press release.
El Salvador plans to continue and potentially accelerate its purchases of Bitcoin (BTC) despite its recent deal with the International Monetary Fund (IMF), according to Stacy Herbert, the director of the country's Bitcoin Office.
The Bitcoin Reserve Act could break the Halving cycle. Is this four year cycle going to play out differently, will we enter the mythical Supercycle?
Bitcoin investors are up on average more than the average American yearly salary.
The S&P 500 is frequently viewed as a barometer for the overall health of the US stock market by analysts, journalists, and investors. With the recent market momentum, crypto indexes will soon be held in the same regard.
Cryptocurrency markets are trading lower on Thursday, with Bitcoin falling below the $100,000 mark following Wednesday's Fed meeting. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,083.43 -5.7% Ethereum (CRYPTO: ETH) $3,377.75 -9.3% Solana (CRYPTO: SOL) $192.61 -8.3% XRP (CRYPTO: XRP) $2.21 -6.5% Dogecoin (CRYPTO: DOGE) $0.312 -14.1% Shiba Inu (CRYPTO: SHIB) $0.00002161 -12% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.4%; daily active addresses remained relatively flat.
The crypto momentum we've seen all fall and early winter hit a big snag over the past 24 hours after the Federal Reserve cut interest rates. That may sound like a good thing on the surface, but as part of the cuts the Fed also said it expects inflation and unemployment to rise more than expected in 2025.
After an extended selloff streak, the crypto market witnessed one of the most intense liquidations of the past month, with Bitcoin (BTC) leading the losses. According to data from CoinGlass, at least 377 traders have suffered the bloodbath in the market.
While Federal Reserve Chair Jerome Powell was adamant that the central bank could not own bitcoin (BTC-USD), Senator Cynthia Lummis (R-WY) believes 2025 is shaping up to be "the year for bitcoin & digital assets" in a social media post from earlier this week. Senator Lummis — who has championed the bipartisan Lummis-Gillibrand Responsible Financial Innovation Act (RFIA) alongside Democratic Senator Kirsten Gillibrand (D-NY) — has been a vocal supporter of President-elect Donald Trump's choice of David Sacks as the incoming administration's "AI and crypto czar" and what it represents for the crypto space.
Veteran trader Peter Brandt has signaled a wider Bitcoin-Gold as the asset soared to an all-time high. Bitcoin prices continue to soar on the back of positive macro events in the United States, with bulls anticipating inflows in Donald Trump's second term.
A widely followed crypto analyst is issuing a warning on Bitcoin (BTC), saying that it could dip further if bulls lose momentum.
El Salvador will keep buying Bitcoin despite a deal with the IMF to scale back some BTC policies, its National Bitcoin Office said.
Speaking in an interview with Yahoo Finance, Senator Cynthia Lummis outlined a plan to authorize the Federal Reserve to purchase and hold Bitcoin, integrating it as a key asset in the country's financial strategy.
Craig Wright, the computer scientist who claims to be Satoshi Nakamoto, the elusive creator of Bitcoin, was sentenced on Thursday to one year in prison by a UK judge for contempt of court.
U.S. Federal Reserve Chairman Jerome Powell clarified Wednesday that the Fed is not allowed to own Bitcoin (BTC), aligning with the Federal Reserve Act. Powell indicated no intention to pursue changes to this legislation amid a promise by President-elect Donald Trump to establish a national strategic Bitcoin reserve.
Bitcoin (BTC) took a nosedive on Thursday, hitting an intraday low of $95,578 per coin, slipping more than 7% against the U.S. dollar in just one day. The whole crypto scene has shed over 11% in value, dragged down by BTC's massive plummet.
The State of Ohio has introduced a second Bitcoin reserve bill as crypto legislation gains momentum across the U.S. ahead of Donald Trump's inauguration.
Bitcoin (BTC) reached a new all-time high on December 17 but still remains 5% below the $110,000 mark. Indicators such as ADX and NUPL suggest a slowdown in upward momentum, pointing to a potential shift in market sentiment.
Foundation's new device is an all-in-one tool for digital security.
Bitcoin (BTC) lost the $100,000 threshold after registering a 6.4% drawdown in the past 24 hours, priced at $97,000 as of press time. Bitcoin fell to a low of $96,233 before attempting a recovery.
Germany's Free Democratic Party (FDP) is intensifying its focus on Bitcoin and crypto policy during the run-up to the country's parliamentary elections, scheduled for February. The party's newly released election manifesto, published on December 18, signals a notable pivot towards integrating digital assets such as Bitcoin into the existing financial framework.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, SEC Commissioner Hester Peirce discusses the agency's role in crypto under the incoming leadership, as well as where some of the enforcement actions against crypto firms may stand.
Bitcoin, the flagship cryptocurrency, has experienced a turbulent 24 hours, fluctuating around the $100,000 mark as the Federal Reserve's cautious outlook on interest rate cuts dampened enthusiasm for speculative investments. This volatility underscores the complex interplay between monetary policy, market sentiment, and Bitcoin's own inherent fluctuations, creating an environment of both opportunity and risk.
Bitcoin (CRYPTO: BTC) prices continued their downward trajectory on Thursday, falling 6.5% over the past 24 hours as markets digest the Federal Reserve meeting the day prior. What Happened: CoinDesk senior analyst James Van Straten highlighted that Wedneday's sell pressure totaled $2.7 billion (26,000 BTC)—the sixth-highest daily outflow this year.
A good leader's first priority is to the well being of his people, not the whims of public gossip and banter.
Fed Chair Jerome Powell's hawkish comments Wednesday on rate cuts have rattled investors across asset classes.
This week, as bitcoin soared to a record-breaking $108,364, Didi Taihuttu, the Dutch man who famously sold his house and nearly all his belongings for bitcoin (BTC) in 2017, shared a post on social media to reflect on the decision.
A widely used Bitcoin technical analysis indicator suggests that BTC is on the verge of a “walk up” toward new all-time highs.
It will be among the first tokens to launch on Hyperliquid, a layer-1 network specializing in trading.
Senator Cynthia Lummis (R-Wyo.) has introduced a proposal that would grant the Federal Reserve the authority to own Bitcoin (CRYPTO: BTC).
A pair of the largest publicly traded Bitcoin mining firms—MARA and Hut 8—added to their treasury reserves with $500M in collective buys.
Institutional players bought 859,454 Bitcoins (BTC) in 2024, equivalent to eight years of BTC issuance and 4.3% of its total circulating supply, according to a K33 Research report. The majority of the amount was purchased by spot exchange-traded funds (ETFs) and public-listed companies like MicroStrategy.
The co-founders of the crypto analytics platform Glassnode are predicting a Bitcoin (BTC) recovery after they say the Fed's hawkishness triggered a correction Wednesday.
Wall Street is bouncing back after a catastrophic day that left traders reeling. On December 18, U.S. markets faced a sell-off that slashed billions in value.
According to the recently published CNBC CFO Council quarterly survey, 78% of chief financial officers (CFOs) continue to view Bitcoin as a highly speculative investment.
Hut8 is the latest buyer of BTC at market prices for boosting its strategic reserve. The mining company has one of the lowest costs for acquiring BTC from self-mining, planning to use the coins for financial strategies to boost data center expansion.
It's a bloodbath out there as Bitcoin leads a crypto crash, as assets like Ethereum, XRP, Solana, and Dogecoin show double-digit losses.
The Bitcoin market has yet to reach the unsustainable euphoria typically observed at the peaks of previous BTC price bull runs.
El Salvador has announced plans to increase Bitcoin purchases for its national reserve starting next year. This comes just after the country secured a $1.4 billion loan agreement with the International Monetary Fund (IMF).
Key points of the news: Solv Protocol has launched the SolvBTC DeFi Vault, a tool that allows users to maximize their returns through automated strategies in the DeFi ecosystem. The Vault offers features such as auto-compounding, which automatically reinvests the rewards generated for exponential asset growth.
It's beginning to look like a race as miners scramble to buy Bitcoin before the price keeps rallying.
The entire crypto market is deep in the red once again.
El Salvador has reiterated its commitment to Bitcoin in spite of recent developments that saw its digital wallet, Chivo, being sold or retired. This is just days after the country sealed a $1.4 billion loan deal with the International Monetary Fund.
Federal Reserve Chair Jerome Powell has said the central bank does not intend to be involved in any government effort to stockpile and create a Bitcoin strategic reserve.
Crypto's total market cap dropped nearly 7% in the last day. Bitcoin fell below six figures after hitting a record above $108,000 earlier in the week.
MARA Holdings Inc. has filed its Bitcoin performance with the SEC, revealing significant BTC acquisitions funded by convertible notes and a notable year-to-date yield, highlighting the company's aggressive cryptocurrency investment strategy.