Several countries are actively discussing Bitcoin's potential as a national reserve asset.
Bitcoin fell below $97,000 on Tuesday as strong US economic data fueled concerns about delayed Fed policy easing. The post Bitcoin Breaks Below $97K with $530M Liquidated as US Economic Indicators Strengthen appeared first on Cryptonews.
The U.S. could accumulate up to 400,000 bitcoins in 2025, a move Devere Group predicts could trigger a massive bull run and reshape global markets. Bitcoin Bull Run of Epic Size Incoming? How US Accumulation Could Spark It Nigel Green, CEO of Devere Group, an independent financial advisory firm, is forecasting that the U.S.
Aleš Michl, the governor of the Czech National Bank (ČNB), has revealed that the central bank is considering Bitcoin as part of its reserve diversification strategy. However, he emphasized that there are no immediate plans to purchase cryptocurrencies.
After topping $108,000 in December, Bitcoin has reversed due to a stronger dollar, increased volatility, and cautious traders. Will it last?
A Texas federal court judge ordered Frank Richard Ahlgren III and any associates to hand over any crypto public and private keys, accounts and access codes.
Fidelity Digital Assets research analyst Matt Hogan said not making any Bitcoin allocation could become more of a risk to nations than making one.
Ripple Executives Meet Trump Ahead of SEC Appeal Deadline: Will XRP Weather the Volatility? Explore insights into Ripple's legal and market developments.
Strive Asset Management, co-founded by Vivek Ramaswamy, has taken a bold step in the cryptocurrency space by filing for a Bitcoin Bond Exchange-Traded Fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This new financial product aims to provide indirect exposure to Bitcoin by investing in convertible bonds issued by companies like MicroStrategy, which use the proceeds to purchase Bitcoin.
Bitcoin has surged above the $100K mark, signaling strength and fueling optimism among traders as the market enters 2025. This breakout has bolstered a bullish outlook for BTC in the first quarter, with many anticipating further gains.
Data shows that a Bitcoin indicator has recently formed a pattern that has proved to be quite bullish regarding the cryptocurrency's price. Bitcoin Coinbase Premium Index Has Crossed Above Its 14-Day SMA In a new post on X, the on-chain analytics firm CryptoQuant has discussed a pattern that has recently formed in the Bitcoin Coinbase Premium Index.
Bitcoin price failed to stay above the $100,000 zone. BTC is correcting gains and might struggle to stay above the $96,000 support zone.
Microstrategy's bold bitcoin strategy added $14 billion in shareholder value in 2024, with BTC holdings soaring to 447,470 as corporate adoption accelerates.
Bitcoin's price may not experience significant downward movement in the short term, as sell-offs on crypto exchanges are “shrinking at a rapid pace,” Bitfinex analysts say.
El Salvador purchases more Bitcoin to strengthen its strategic reserve, continuing its bold crypto vision.
If history repeats, the death cross could mark the end of Bitcoin dominance. But which will take the lead—altcoins or memecoins?
Bitcoins transformative journey in 2024 has set the stage for a pivotal year ahead, with institutional adoption, regulatory clarity, and technological innovation driving its evolution as a mainstream asset. As 2025 begins, the crypto community is buzzing with questions about where Bitcoins price and adoption curve will head next.
Bitcoin (BTC) has recently experienced a significant price surge, nearing its all-time high as it continues its volatile trajectory toward the end of 2024. With the cryptocurrency trading at $102,235, Bitcoin has gained 10% in value over the past week, approaching its previous peak of $108,268.
Elon Musk, on Tuesday, predicted a potential drop in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) if dollar inflation is addressed. What Happened: The Tesla and Space X CEO expressed his views on how cryptocurrencies would benefit if inflation and government overspending were curbed “If dollar inflation is solved, the price in dollars to buy cryptocurrency will actually drop, other things being equal,” Musk wrote in an X post.
Bitcoin's price skyrocketed to crazy new highs in 2024, leaving the financial world pretty stunned. It hit $108,000, which is a massive 124% jump for the year.
Bitcoin has finally reclaimed the highly anticipated $100K mark after days of consolidation and lingering negative sentiment. The psychological milestone had been a key resistance level, with many investors and analysts closely monitoring BTC's price action for clues about its next big move.
The Governor of the Czech National Bank (ČNB), Aleš Michl, said the central bank is considering allocating Bitcoin (BTC) to diversify its reserves during a Jan. 6 interview with CNN Prima News. Michl revealed this consideration by the ČNB while discussing the importance of diversifying the bank's holdings among stocks, bonds, gold, and cash deposits.
Bitcoin has soared past the $102,000 mark, marking a significant milestone as U.S. buyers make their presence known again in the market. The recent surge follows strong buyer activity that has triggered a sharp increase in the Coinbase Premium Index, indicating that American investors are back in action, further fueling the cryptocurrency's rally.
The world's largest cryptocurrency may be at risk of a supply shock as demand from United States (US) Spot Bitcoin Exchange Traded Funds (ETFs) has surged far beyond expectations. In December 2024, the volume of BTC acquired through Spot Bitcoin ETFs more than tripled the amount mined during that same month, underscoring the severe imbalance between supply and demand.
With a significant move at the start of the week, Bitcoin has revisited the pivotal $100,000 milestone once again. This move has triggered a wave of fresh optimism among crypto enthusiasts as several key metrics have also seen positive movements alongside the recent upswing.
The governor of the Czech National Bank, Aleš Michl, has expressed interest in Bitcoin as a potential addition to the country's foreign exchange reserves.
The irony of the crypto market is how much it falls when the economy is doing well. On Tuesday, a couple of important economic readings came in better than expected, and Bitcoin (BTC -5.53%) and other cryptocurrencies dropped on the news.
CFTC alleged Gemini provided inaccurate data on Bitcoin price manipulation safeguards, a charge the crypto firm denies.
Arthur Hayes predicts a Bitcoin price peak in March 2025, driven by shifting liquidity conditions and macroeconomic factors, but cautions investors about potential volatility in the first quarter.
The crypto market experienced a sharp decline led by Bitcoin's 5% drop from its $102,000 high, as strong U.S. job data and steady Federal Reserve rate projections dampened hopes for monetary easing, resulting in over $400 million in liquidations across major digital assets.
Czech Republic's central bank Czech National Bank (CNB) Governor, Aleš Michl said the Bank is considering taking on Bitcoin as a reserve currency. In an interview with CNN Prima News, Governor Michl said the Bank is thinking of investing a small amount of central bank funds in Bitcoin as a diversification asset.
Bitcoin miners in the United States are adapting to intense pressure from rising costs and heightened competition for resources. Mining giants such as Mara Holdings and Riot Platforms have raised a total of $3.7 billion since November, investing heavily in Bitcoin reserves as a means to weather the storm.
Bitcoin's current valuation stands between $96,512 to $97,121 over the last hour, boasting a market capitalization of $1.91 trillion and a 24-hour trading volume amounting to $59 billion, indicative of intensified market engagement. The cryptocurrency oscillates within an intraday spectrum from $96,163 to $102,760.
According to a concerning new report, Bitcoin ETF issuers are acquiring BTC more than 20 times faster than miners can produce new blocks.
The cryptocurrency market was not doing well on Tuesday as Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other digital assets plunged. The crypto market crash occurred in tandem with other risk-off events in the global financial market owing to rising US treasury yields, a more hawkish Fed and heightened macroeconomic uncertainty.
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets in general.
Bitcoin observed nearly 5% weekly gain and reclaimed the $100,000 milestone. The new year renewed BTC holders' hopes for further gains, following the sell-off in the holiday season.
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Bitcoin briefly retested the price level above $100,000 on Jan. 6, but the flagship cryptocurrency dipped below the six-digit mark again.
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As nations worldwide reevaluate cryptocurrency regulations, the Czech Republic emerges as a progressive force with new tax policies and institutional interest in Bitcoin, while its central bank governor weighs digital assets against traditional reserves.
Arthur Hayes, co-founder of Bitmex, has made waves with his prediction that Bitcoin (BTC) could reach a peak of $101,847 by mid-2025 before experiencing a significant market correction. His forecast is based on the liquidity environment expected to prevail in early 2025, along with the potential influence of political changes, such as Donald Trump's return to the White House.
Nexo's latest Dispatch report discussed Bitcoin crossing $100,000, Ethereum gaining traction, and Solana facing potential headwinds as 2025 begins with surging market activity. Bitcoin broke through the $100,000 mark this week, a milestone highlighted in Nexo's latest “Dispatch” report.
Bitcoin price sold-off today, but heavy demand below $98,000 is prepping the market for the next leg higher.
Governor Aleš Michl of the Czech National Bank considers Bitcoin as a potential reserve asset to diversify the bank's portfolio. While Bitcoin's volatility raises questions, the bank focuses on increasing gold holdings, signaling cautious steps toward integrating cryptocurrency into financial strategies. The post Czech Republic Central Bank Explores Bitcoin as Reserve Asset appeared first on Cryptonews.