Bitcoin (BTC) has had a turbulent week, with the price fluctuating dramatically. After dipping below $90,000 earlier in the week, the cryptocurrency made a quick recovery, climbing back to $96,000 at the time of writing.
Thailand is ramping up its involvement in the crypto space with two contrasting regulatory moves. Media reports in the Asian nation have revealed that it is weighing the approval of Bitcoin exchange-traded funds (ETFs) while considering a ban on Polymarket.
Bitcoin's price trajectory in 2025 could see unprecedented highs as market dynamics shift under the incoming US Republican government. CryptoQuant, an on-chain analytics platform projects that Bitcoin might reach $249,000 during Donald Trump's first year back in office.
Bitcoin and most altcoins continued their recent recovery after the U.S. published mixed consumer inflation data. Bitcoin (BTC) rose to $99,000 for the first time since January 7, gaining 10% from its monthly low.
Looking closely at stablecoin flows, the past three times that Bitcoin (BTC) has hit fresh all-time highs, this has been accompanied and possibly fueled by a major increase in the combined market cap of stablecoins.
Bitcoin (BTC) experienced significant volatility on Tuesday, dropping 4.8% to $97,000 once again after briefly surging above $100,000 to start the week. Major crypto stocks, including Coinbase and MicroStrategy, also saw sharp declines, falling more than 7% and 9%, respectively.
On Jan. 15, bitcoin ascended to an intraday peak of $99,442 on Wednesday morning, following the release of the latest U.S. inflation data, which revealed a slowdown in core inflation. Easing Core Inflation, Explosive Bitcoin Rally: $224M Liquidated in 24 Hours At 9 a.m.
TL;DR Crypto hedge funds achieved an average return of 40% in 2024, according to the VisionTrack Composite Index, highlighting the sector's resilience. Bitcoin outperformed all assets with a spectacular growth of 120%, reaching a historic milestone by surpassing $100,000 for the first time.
Bitcoin (BTC) and Ethereum (ETH) are the leading cryptocurrencies and the only two that, so far, got the United States Securities and Exchange (SEC) commission blessing to have exchange-traded funds (ETFs) offered in Wall Street.
Tether has initiated legal action against Swan Bitcoin, citing alleged breaches of contract related to their joint Bitcoin mining venture, established in 2022 under the name 2040 Energy.
Bitcoin (BTC 2.79%) is unique as an asset in a few key ways that could make it a safe haven in difficult economic circumstances. To the cryptocurrency's boosters, these features are nothing new and are part of the core value proposition that argues for holding it forever.
The biggest bank in Italy, Intesa Sanpaolo, has finally entered the world of cryptocurrencies by buying 11 bitcoins worth over $1 million, Reuters reported. The move marks a significant moment in the financial institution's history as it becomes the first Italian bank to make a direct investment in digital assets.
Inflation fears are eating away at Bitcoin's post-election gains.
Tether, the leading issuer in the stablecoin sector, has initiated legal proceedings against Swan Bitcoin in the High Court of England and Wales, according to a Jan. 15 statement shared with CryptoSlate. The stablecoin company claimed that Swan had significantly breached their agreements, prompting the lawsuit to safeguard its investment.
Thailand's SEC is considering approving local Bitcoin ETFs to expand crypto investment options and establish the nation as a digital asset hub.
Inflation in December reached its highest level since the summer, as shown by data released on Wednesday morning. In December, inflation went up by 2.9% compared to last year, according to the latest Consumer Price Index.
Donald Trump, the self-styled bitcoin and crypto president, will reportedly issue several crypto-related executive orders on his first day back in the White House
The latest Consumer Price Index (CPI) figures for December have rattled markets, throwing the Federal Reserve's inflation strategy into question. The U.S. Department of Labor reported a 0.4% increase in the monthly CPI after seasonal adjustment, overshooting the forecast of 0.3% and the previous value of 0.3%.
The crypto community has been eagerly awaiting the US Consumer Price Index (CPI) data as it marks a major economic event to influence the market. The US CPI report for December 2024 highlights that the inflation has increased to 2.9%, marking a 0.2% rise from the 2.7% recorded in November.
In its latest report "The Bitcoin Monthly", ARK Invest suggests that a new bullish phase could emerge for bitcoin in 2025, based on a thorough analysis of its currently particularly moderate volatility.
Thailand's SEC is considering approving the first Bitcoin ETF, as per Bloomberg. Trump's pro-crypto stance might have favoured the crypto sector in Thailand.
The cryptocurrency industry continues its cautious sentiment, with the market cap ticking upward by 0.29%, now at $3.4 trillion. Despite this modest growth, trading volume has plummeted by 25.49% in the last 24 hours, reaching $123.4 billion.
BTC went to a new weekly high above $98,500.
Bitcoin has been consolidating in a range 10%-15% below record highs as investors largely tempered expectations of further interest rate cuts.
The Bitcoin market has been somewhat positive in the early hours of Wednesday, as we are still very much in a consolidation phase. This looks a lot like the previous one in 2024, so I am expecting more of the same price action.
While Bitcoin is having a tough time, certain alternative cryptocurrencies get the spotlight for themselves with promises of explosive growth and innovation. Recent price volatility in BTC has sent many investors in search of better and safer options.
Bitcoin's price has been scaring off a lot of newcomers with choppy movements, which add to the overall uncertainty. Yet, things might not be over for the asset's bull run, as another rally could be bound to happen soon.
Financial analysts are bracing for a potentially volatile week as markets grapple with inflationary concerns and the looming inauguration of Donald Trump.. A preview of the December Consumer Price Index (CPI) suggests persistently elevated inflation, despite a recent dip in the Producer Price Index (PPI), raising fears among investors and impacting bond yields and equity markets.
After reaching a historic peak in December, Bitcoin is undergoing a brutal correction, losing nearly 10% of its value in just a few weeks. This drop cannot be solely explained by a simple market cycle, but by a tense economic context.
After a massive sell-off on the cryptocurrency market this week, many saw the price of Bitcoin (BTC) bounce back from as low as $89,000 to $97,000 in a matter of hours.
Tether, a prominent stablecoin issuer, has filed a lawsuit against Bitcoin financial services company Swan Bitcoin, accusing the firm of breaching their contractual agreements in a joint Bitcoin mining venture. The legal action, confirmed by Tether and co-claimant 2040 Energy on January 15, 2025, marks an escalation in a contentious dispute between the two companies.
A U.S. strategic bitcoin reserve, a $300 billion stablecoin market, and new XRP and SOL ETF approvals are also among the predictions.
A closely followed analyst thinks traders who are bearish on Bitcoin are changing their stance after BTC's latest bounce. Pseudonymous trader Cheds tells his 346,600 followers on the social media platform X that Bitcoin's abrupt recovery following its drop below $90,000 on Monday indicates that BTC remains in a strong uptrend.
With the arrival of 2025, excitement fills the cryptocurrency market. Although Bitcoin (BTC) continues to be a leading entity in the market, with a value close to $98,000, a few specific altcoins are preparing for notable advancement.
Much has been said about the Bitcoin (BTC) seized from the Silk Road illicit marketplace and owned by the U.S. government at the very start of 2025.
As Bitcoin (BTC) navigates a turbulent period marked by increased volatility and a significant correction in cryptocurrency prices, market analyst Lark Davis has shed light on a potentially promising trend. In a recent post on social media platform X (formerly Twitter), Davis drew parallels between Bitcoin's current price movements and those observed during the last presidential election cycle, suggesting a potential restoration of confidence in the leading cryptocurrency.
Despite having a fantastic year in 2024, crypto hedge funds could not match bitcoin's phenomenal returns. Crypto Hedge Funds No Match for Bitcoin Hedge funds focused on cryptocurrencies delivered double-digit returns in 2024. This is according to data from Galaxy's Visiontrack Composite Index, which measures the performance of 130 crypto-dedicated hedge funds.
The bitcoin derivatives market is signaling increased expectations for volatility as Trump prepares for his inauguration on Jan. 20.
Crackdown on Polymarket and new proposals for stablecoin.
TL;DR Deribit, a leading Bitcoin and Ether options trading platform, is exploring significant buyout opportunities, signaling the sector's maturation and consolidation. The platform has enlisted Financial Technology Partners to evaluate acquisition offers, with a potential valuation ranging between $4 billion and $5 billion. Deribit reported nearly $1.
MicroStrategy stock price is likely to stay steps ahead of BTC price as its capital raise strategy proves a hit amid solid BTC fundamentals.
Bitcoin (BTC), the world's leading cryptocurrency, is capturing the spotlight once again. With its price movement resembling the rally of 2017, many in the market are wondering if BTC is on the brink of reaching a new all-time high (ATH).
The country made history in 2021 by adopting BTC as a legal tender. It is now aiming to surpass Bhutan in BTC per capita.
BlackRock‘s (NASDAQ:BLK) Head of Digital Assets, Robert Mitchnick, on Wednesday said that Bitcoin (CRYPTO: BTC) adoption is still in its “early days”, particularly within the wealth advisory and institutional segments. What Happened: He shared this perspective during an interview with Bloomberg, discussing the firm's focus for the second year of their IBIT (NASDAQ:IBIT) ETF.
Bitcoin (BTC) trades above $96,000 on Tuesday, January 14. The largest cryptocurrency has recovered from a flash crash under $90,000 and macroeconomic headwinds last week.
You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.
A South African law enforcement agency has opposed bail for Ziyadh Hoorzook, who is accused of donating bitcoin to an organization allegedly funding terrorism.