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news-imageDecember 17, 2024

Here's The Only Way MicroStrategy's Bitcoin Strategy Can Lead To Bankruptcy

CryptoQuant CEO Ki Young Ju has revealed that there is only one way that MicroStrategy's ‘Bitcoin Strategy' could lead to bankruptcy for the software company. The company's BTC strategy has led to massive success despite criticisms about how it accumulates more Bitcoin.
Publisher: Coingape
Sentiment: Negative
BTC

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Positive
cover-imageBenzinga
December 17, 2024

Raoul Pal Predicts 'Violent Upside' For Bitcoin, Targets $250,000

Raoul Pal, macro strategist and founder of Real Vision, discussed his bullish outlook on Bitcoin's (CRYPTO: BTC) current market position, predicting more upside for the apex crypto. In a new ‘The Journey Man' podcast published on Sunday, Pal emphasized Bitcoin's pivotal role in shaping the financial future and its potential for exponential growth.

Positive
cover-imageThe Currency Analytics
December 17, 2024

Bitcoin DeFi TVL Hits Record High, Surpasses BNB Chain

Bitcoin (BTC) has made waves in the decentralized finance (DeFi) sector with a significant surge in its Total Value Locked (TVL), which has reached an all-time high (ATH) of $6.9 billion. This remarkable growth has enabled Bitcoin to surpass BNB Chain, securing its position as the fourth-largest blockchain by TVL in DeFi.

Positive
cover-imageBenzinga
December 17, 2024

Bitcoin Price Sets All-Time High Of $108,388, Then Dips To $106K: What Is Going On?

Bitcoin (CRYPTO: BTC) spiked to another all-time high of $108,388 at the start of the U.S. trading session but reversed its gains in line with broader stock market losses. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bitcoin (CRYPTO: BTC) $106,171 $2.1 trillion -0.2% +8.6% Ethereum (CRYPTO: ETH) $3,933 $474 billion -0.2% +6.8% XRP (CRYPTO: XRP) $2.58 $147.6 billion +8.8% +18.1% Trader Notes: Technical analyst Kevin warned in a post on X that USDT dominance remains at a critical support level, likely impeding prices from going higher.

Positive
cover-imageInvezz
December 17, 2024

Bitcoin hits new all-time high above $107,000 as Fed rate cut looms

Bitcoin climbed to a new all-time high on Monday, surpassing $107,000 as investor sentiment strengthened ahead of a widely anticipated interest rate cut by the Federal Reserve later this week. The price of the world's largest cryptocurrency rose as high as $107,229.38, marking a new record, before settling at $106,126.

Positive
cover-imageTrustnodes
December 17, 2024

Bitcoin Crosses $108,000

Bitcoin has risen above $108,000 for the first time with the currency gaining for much of the week ahead of the expected Fed cut tomorrow.

Positive
cover-imageCoinPedia
December 17, 2024

Are You Buying Bitcoin? Whales Add $7.3 Billion in BTC

Bitcoin (BTC), the world's largest cryptocurrency by market cap is gaining significant attention from crypto enthusiasts following its impressive performance. Today, December 17, 2024, a prominent crypto expert made a post on X (previously Twitter) that whales have purchased a significant 70,000 BTC worth nearly $7.30 billion.

Positive
cover-imageCoinPedia
December 17, 2024

Bitcoin Hits $108K For The First Time In History

In an exciting development, Bitcoin has hit the $108,000 level, and is currently trading at $108,223, up over 2% in the past day. Notably, Bitcoin is up almost 60% since the election, largely driven by Trump's incoming administration's support for cryptocurrencies, including the President-elect's promises to create a strategic Bitcoin reserve.

Neutral
cover-imageCryptoSlate
December 17, 2024

EU urged to follow El Salvador's lead with Bitcoin reserves by European MP

European Union Member of Parliament Sarah Knafo has urged the bloc to prioritize a Strategic Bitcoin Reserve instead of moving forward with the European Central Bank's (ECB) digital euro project. In a Dec. 17 video shared on X, Knafo criticized the ECB's plan for a centralized digital currency, arguing it risks financial freedom and overreach.

Neutral
cover-imageBenzinga
December 17, 2024

Is A Bitcoin Strategic Reserve A Good Idea? Expert Pushes Back: 'Just Buy BTC Yourself'

Austin Campbell, CEO of fintech company WSPN Payments, voiced strong opposition to the idea of a strategic Bitcoin reserve, advocating instead for personal ownership of Bitcoin (CRYPTO: BTC). What Happened: In a detailed thread posted on X on Sunday, Campbell acknowledged Bitcoin's value as an asset but warned against governments or corporations taking speculative positions in BTC.

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