Bitcoin (BTC) reached a new ATH of $107,700 in the 2nd week of December. The current rally is giving bullish vibes for early 2025. The Fear and Greed Index has reached 87, indicating significant investor interest. The worldwide crypto market cap is $3.72 trillion, up 1%, with trading volumes up 34% to $211 billion.
Despite these massive movements, Bitcoin has shown impressive resilience, with prices remaining remarkably steady above $107,000.
Bitget, a South Africa-based cryptocurrency exchange, has recently announced that it received a Bitcoin Service Provider (BSP) license in El Salvador, opening the doors to start operating locally.
Crypto exchange Bitget secures authorization to provide Bitcoin-related services in El Salvador, marking a significant step in its expansion into Latin America's growing crypto market.
The Asian MicroStrategy, Metaplanet Inc., has announced the issuing of the fourth series of ordinary bonds worth 4.5 billion yen. They are valued at approximately $30 million, and like its other issuances, this fund will be directed toward purchasing more Bitcoin (BTC).
Bitcoin's (BTC) price hit another milestone on Tuesday, touching historic peaks above $107,000. While the Fear and Greed Index reads “Extreme Greed,” Ripple's XRP and Algorand (ALGO) attracted the attention of altcoin enthusiasts. Bitcoin breaks ATH records The leading crypto by market cap stirred the markets today after hitting the $107,780 all-time high.
The US spot Bitcoin ETFs registered a net cash inflow of over $636 million on Monday amid a notable decline in BTC supply on centralized exchanges.
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In a recent interview with CNBC, Michael Saylor, founder and chairman of MicroStrategy, drew an interesting parallel between Bitcoin (BTC) and New York City, referring to the market's leading cryptocurrency as “cyber Manhattan.
Bitcoin surged to an all-time high of $107,780 and is currently trading at $106,618. Mt. Gox moved 1,620 BTC ($172M), raising speculation over potential sell-offs.
A move from the U.S. Federal Reserve to cut interest rates stands to bolster recent 'Bitcoin Santa Rally' sentiment, eyeing $160K as global monetary policies ease. The post Analysts Eye $160K Bitcoin as Global Monetary Policies Ease: Could a ‘Santa Rally' be the Trigger? appeared first on Cryptonews.
XRP's surge came after Ripple announced today's stablecoin launch.
Michael Saylor, Chairman of MicroStrategy and prominent Bitcoin advocate, has proposed a controversial strategy to tackle the United States' soaring $36 trillion national debt. Speaking in a recent interview, Saylor positioned Bitcoin as a transformative asset that could provide long-term financial security for the nation, much like Manhattan's historical economic growth.
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Metaplanet is doubling down on Bitcoin as it announces a 4.5 billion yen bond issuance to accelerate its crypto expansion plans.
Bitcoin (BTC) surged past $107,000, reaching a new all-time high of $107,780 after President-elect Donald Trump reiterated his plans to create a US Bitcoin strategic reserve similar to the country's strategic oil reserves. BTC is up 2.42% over the past 24 hours and 10% over the past week as its post-election rally continues.
Bitcoin has achieved a new all-time high above $107,000, driven by strong institutional demand through ETF inflows and whale accumulation, while technical indicators and market metrics support the current price levels.
Tokyo-listed company Metaplanet has announced its plans to issue 4.5 billion yen (approximately $30 million) worth of ordinary bonds to accelerate its Bitcoin purchases. This move is part of Metaplanet's broader strategy, which mirrors MicroStrategy's approach of accumulating Bitcoin as a key asset.
Japanese tech company Metaplanet has raised 4.5 billion yen through zero-interest bonds to fund Bitcoin purchases, while its stock price has surged 4,000% to all-time highs, pushing its market cap past $1 billion.
In an address to the Bundestag on December 16, Christian Lindner (Free Democratic Party – FDP), the former Finance Minister of Germany, delivered a scathing critique of the current government's stance on Bitcoin and broader crypto regulation.
A person who bought Bitcoin at the start of this year may have seen a growth of at least 152.1% in its value. It's impressive, isn't it? Recently, Bitcoin achieved a crucial milestone of $100K. Currently, the market shows an extremely bullish outlook.
Growing institutional confidence is indicated by Bitcoin's record-breaking gain and consistent ETF inflows. According to statistics from SoSoValue, Bitcoin (BTC) spot ETFs showed a net inflow of $637 million on Dec.
Traders have drawn attention to Bitcoin as the star token leads the markets towards new highs. With a new ATH at $107,000, the global market capitalisation surges above $3.74 trillion, signalling the possibility of reaching $4 trillion in the next few months.
Metaplanet, popular as Japan's MicroStrategy, has raised an additional 4.5 billion Japanese Yen through the issuance of ordinary bonds to fund the company's additional Bitcoin buying. The bonds, which will carry no interest, were issued to EVO FUND and have a maturity date of June 16, 2025.
Major corporations are increasingly considering Bitcoin as a reserve asset to hedge against inflation and economic instability, following the lead of pioneers like MicroStrategy.
The now-defunct crypto exchange Mt. Gox moved $172.54 million worth of Bitcoin to an unknown wallet as the market continues to gain momentum. The post Mt. Gox Transfers $172M Bitcoin as Market Hits ATH appeared first on Cryptonews.
Michael Saylor and Fred Thiel exchange public messages on X.
Bitcoin price has continued to make new records every day, indicating a strong market confidence towards the asset. Notably, this rally comes amid soaring institutional interest and whale accumulation, which suggests that the demand for BTC remains strong despite the recent rally.
Bitcoin recently reached a new all-time high (ATH) of $107,600, marking a significant milestone in the evolution of cryptocurrency. This spectacular rise occurred after a landmark event in the crypto ecosystem.
Popular crypto analyst Michaël van de Poppe thinks Bitcoin's future gains this cycle could dwarf the progress BTC has already made. Van de Poppe tells his 753,500 followers on the social media platform X that the top crypto asset by market cap could reach $500,000 in price this cycle.
SkyBridge Capital founder Anthony Scarammuci has predicted that the price of Bitcoin could skyrocket to $200,000 in 2025 in a recent interview with The Wall Street Journal.
Bitcoin (BTC) is increasingly outperforming gold and has become the preferred strategic reserve.
Bitcoin, Ethereum, and Hyperliquid saw significant TVL increases in the past week driven by strong investor inflows. Bitcoin, Ethereum, and HYPE Lead the Way The total value locked (TVL) in Bitcoin, Ethereum, and Hyperliquid rose by $3.09 billion, $2.22 billion, and $1.87 billion respectively over the last seven days.
The altcoin market has exploded after Bitcoin (BTC) broke through its vital $100,000 level and set a new ATH of $107,780. As the world's leading cryptocurrency continues to trade above this crucial level, altcoins are preparing to set record highs.
The way options are currently priced indicates a more measured bullish sentiment compared to what we've witnessed recently.
The technotariat is buzzing over a technical breakthrough achieved by Google's new quantum chip Willow. While Bitcoin's price soars to new all time record highs, there are some questions about its security.
The Bitcoin (BTC) price is trading above the psychological threshold of $100,000 and is above the 21-day SMA.
On December 16, Bitcoin spot ETFs saw a net inflow of $637 million, marking 13 consecutive days of gains.
MicroStrategy has acquired 15,350 Bitcoin between Dec. 9 and Dec. 15 for approximately $1.5 billion, at an average price of $100,386 per BTC.
The crypto market today has resumed its bullish momentum, with investor optimism fueling the industry's market cap to $3.73 trillion, a 1.08% spike in 24 hours. Successively, the trading volume too shot up an impressive 28.53% to $204.47 billion.
Mt. Gox made waves again by transferring $172 million worth of Bitcoin on Dec. 17, just after BTC price surged to $107,857. While markets stayed steady, the unexpected move raised concerns over creditor repayments and future Bitcoin price action.
Bitcoin's market trajectory is attracting renewed attention as analysts point to a potential target of $500,000 in the current cycle. This bold forecast stems from a combination of factors including massive institutional investment, technological advancements, and changing market dynamics.
Bitcoin L2 Labs, the core development team behind Stacks, announced the successful mainnet launch of a programmable 1:1 Bitcoin-backed asset, sBTC. It marks a major step toward building an on-chain Bitcoin economy and follows October's Nakamoto Upgrade, which delivered faster transactions and 100% Bitcoin finality to the Stacks network.
Bitfinex forecasts Bitcoin could reach $200K by mid-2025, driven by ETF backing, growing institutional adoption and its increasing role as a global asset. The post Bitfinex Predicts Bitcoin Will Skyrocket to $200K by Mid-2025 appeared first on Cryptonews.
Bitcoin now looks extremely bullish. In the last five days alone, it has grown by approximately 6.44%. There are enough reasons to believe that buyers are pushing the price upwards strongly.
Michael Saylor's Microstrategy has just announced a new Bitcoin purchase that has taken the firm's total holdings to 439,000 BTC. Microstrategy Has Bought Another 15,350 BTC A large buyer that has had a constant presence during this latest Bitcoin bull run has been Microstrategy.