Vancouver Bitcoin proposal has now been approved to explore the potential benefits of incorporating Bitcoin into the city's financial operations.
Bitcoin price remained supported above the $95,500 zone. BTC is up over 5% and is now trading above the $100,00 resistance zone.
Last week, Bitcoin.com News dropped an editorial that spilled the beans on all the governments clutching bitcoin, whether they snagged it through criminal busts or by mining or buying it.
Bitcoin Hits $100k as SEC Drama Unfolds: ETF Inflows and Regulatory Tensions Set Stage for Crypto Market Volatility.
Bitcoin, the pioneer of cryptocurrencies, is celebrated for its robust security framework. However, as quantum computing makes rapid advancements, this digital asset may face its greatest challenge yet.
The son of US President-elect Donald Trump said that Bitcoin will continue to soar and made an audacious prediction that it will reach $1 million per coin. Related Reading: Tether's USDT Hits New High—330 Million Wallets And Counting Trump Organization Vice President Eric Trump vowed that his father and their family will not cease their support of the firstborn cryptocurrency.
Eric Trump confidently predicted bitcoin will surpass $1 million, crediting the “most pro-crypto president in the history of America” for spearheading a global financial revolution. Eric Trump: Bitcoin to $1M With Most Pro-Crypto President in US History Eric Trump, son of U.S. President-elect Donald Trump, confidently predicted on Dec.
The falling Open Interest indicated that speculators were waiting for the market to make up its mind and break the range.
Bitcoin (BTC) miner Riot Platforms has successfully completed a $525 million senior note offering, according to a Dec. 11 filing with the SEC. The notes, which mature in 2030 and carry a 0.75% interest rate, were offered privately to institutional investors.
More than 28.23 million Microsoft shareholder votes were cast in favor for Bitcoin, compared to an overwhelming 5.148 billion against.
A remarkable shift in sentiment and activity has been spotted among Bitcoin's large investors also known as whales, especially wallet addresses holding more than 100 BTC in spite of recent price fluctuations, sparking discussions about the next trajectory of BTC's price.
According to a Proof of Workforce X post, the Kenya National Fire Brigades Association (KENFIBA) has completed setting up its BTC reserve.
Technical analyst Ali Martinez has said that the drop in crypto prices has allowed whales to accumulate more assets. In a post on X, Martinez reported that 342 new wallets holding more than 100 BTC were created as Bitcoin dipped from $104,000 to around $90,000.
State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state's assets, attract crypto-focused businesses, and establish Alabama as a pioneer in the digital asset space.
Riot completes a $525M offering to bolster Bitcoin acquisitions and operations, holding 12,000 Bitcoin, valued at $1.2B. The post Riot Platforms completes $525M offering to buy Bitcoin appeared first on Crypto Briefing.
More all-time highs for bitcoin, solana and ether? Continuing inflows for ETFs?
On Wednesday, during an interview with CNBC, Fundstrat's Tom Lee pointed out that bitcoin offers the clearest gauge of how the Trump administration's economic policies might fare. Lee highlighted bitcoin's historical patterns, which “would imply $250,000 per bitcoin in 2025.
Pudgy Penguins NFTs surpass $100K in floor price as excitement grows for the Pengu token launch on Solana, marking a new milestone for the collection. The post Pudgy Penguins NFTs surpass Bitcoin as floor price breaks $100K appeared first on Crypto Briefing.
Bitcoin's price has trended within a narrow range since it hit a new all-time high of $103,647 on December 5. It has since faced resistance at $101,509 and found support at $94,306.
Bitcoin has crossed the $100,000 mark again. Ethereum followed with a 4% rise, though it remains shy of the critical $4,000 resistance level.
Bitcoin, the world's oldest and largest cryptocurrency, rose back above the $101,000 level on Wednesday, clawing back most of its losses after a bruising sell-off earlier this week.
Bitcoin recently surpassed the $100,000 mark, drawing attention from institutional investors. Michael Saylor, co-founder and executive chairman of MicroStrategy, discussed his company's Bitcoin strategy.
Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
The executive chairman and co-founder of enterprise software firm MicroStrategy, Michael Saylor, has a whole new analogy to explain Bitcoin (BTC). In a new YouTube interview with Barstool Sports founder Dave Portnoy, Bitcoin bull Saylor says that Bitcoin is like a game where all participants are winners.
Bitcoin, according to Hougan and Rasmussen, will reach $200,000 or more by the year 2025. Solana's price is likely expected to soar to $750, a 250% rise from its current $215 as per the duo.
Massachusetts Mutual, a 173-year insurance giant, invested $100 million into the flagship cryptocurrency Bitcoin (BTC) back in 2020. In a press release, the move was noted as giving it a “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.
The most recent numbers revealed that inflation rose slightly to 2.7% in November. The price of Bitcoin is already witnessing a surge and touched the $100,000 mark.
Bitcoin ETFs are showing no signs of weakness as they enter the ninth consecutive day of positive inflows, even as the broader market experiences a downtrend.
The Alabama state auditor general, Andrew Sorrell, called on Alabama to lead other states in establishing strategic Bitcoin reserves. He noted that the price of Bitcoin had gained over 50% since the U.S. elections, and Trump's enthusiasm for crypto signalled strong federal support.
The service is designed to compete with larger third-party custodians such as Coinbase. New Self-Custody Solution for Nation-States Emerges Crypto self-custody firm Casa announced that it will now offer a self-custody solution called Praetorian to governments seeking to establish national bitcoin (BTC) reserves.
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Cryptocurrency analyst Benjamin Cowen provided an in-depth analysis of market trends, inflationary pressures and Bitcoin's (CRYPTO: BTC) rally following Wednesday's CPI report. What Happened: Bitcoin surged past $100,000, reflecting bullish sentiment as consumer price inflation data for November came in at 2.7%, close to the Federal Reserve's 2% target.
Goldman Sachs is eyeing the Bitcoin and Ethereum markets. CEO David Solomon said the Wall Street firm is ready to “evaluate” its entry, but only if regulators clear the path.
Think you've missed the Bitcoin boom? Think again. Despite its impressive past performance, Bitcoin continues to be a top-performing asset, even in recent months. With strategies like Dollar Cost Averaging (DCA), you don't need a fortune to start investing. Learn why Bitcoin outshines gold, the Dow Jones, and other traditional investments, proving it's never too late to join the Bitcoin revolution.
The cryptocurrency world has long been resilient in the face of challenges, but legendary trader Peter Brandt has brought attention to two formidable threats that could significantly impact Bitcoin's future. In a recent statement, Brandt identified central bank interference and the rise of quantum computing as potential existential risks for the world's largest cryptocurrency.
Is a broader BTC cool-off still on the cards despite recent pullbacks?
This year was good for crypto, but 2025 might turn out even better for the sector, according to Bitwise Asset Management.
Thomas Peterffy, the founder of Connecticut-headquartered brokerage firm Interactive Brokers, has stated that people should hold "some Bitcoin" during a recent interview with Bloomberg Television.
Mathew McDermott, global head of digital assets at Goldman Sachs, joins CNBC's 'The Exchange' to discuss crypto space, whether bitcoin ETFs approval helped the crypto industry, and more.
Microsoft shareholders voted against a proposal that would have directed the company board to consider adding bitcoin to the firm's treasury holdings. Plus, Russia's plan for a strategic bitcoin reserve and crypto developments in Latin America.
A crypto analyst has unveiled uncanny similarities between Bitcoin's Chicago Mercantile Exchange (CME) chart from late Q4 2024 and 2023. According to the analyst's report, the 2024 Bitcoin CME chart replicates the price action seen in 2023, experiencing similar technical patterns, wave structures, price movements, and specific key indicators.
Bitcoin's price has experienced an extraordinary surge in 2024, climbing nearly 140% from $42,000 to over $100,000. While many investors are celebrating these gains, Messari founder Ryan Selkis remains steadfast in his approach and isn't ready to cash out just yet.
The U.S. Securities and Exchange Commission has charged three Nigerian nationals with defrauding investors of $2.9 million in Bitcoin.
Bitcoin (BTC) is up 6.6% on the day and back above the psychological threshold of $100,000 after US Consumer Price Index (CPI) data came in as forecasted. The U.S. Bureau of Labor Statistics announced Wednesday that CPI had risen 0.3% in November, up 2.7% year-on-year, in line with forecasts.
Vancouver's exploration of Bitcoin as a reserve asset could set a precedent for municipal financial strategies, impacting global crypto adoption. The post Vancouver City Council to discuss proposal exploring Bitcoin as a reserve asset today appeared first on Crypto Briefing.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Andrew Sorrell, Alabama State Auditor General, joined a growing cast of figures calling for strategic Bitcoin reserves in the U.S.