Bitcoin investors are buzzing after Peter Brandts bullish outlook sparked confidence in the market. Rising institutional ETF inflows and a pro-crypto US regulatory environment add to the growing enthusiasm.
Bitcoin's apparent demand growth is rising by the highest monthly rate this year, while sell-side liquidity has fallen to levels not seen since 2020.
As of December 21, 2024, the Bitcoin price is trading at around $98,600, reflecting a 3.4% increase from its previous close. This rise is part of a broader trend marked by substantial price fluctuations in the past seven days, which saw Bitcoin breaking below close support levels.
For four days straight, bitcoin's historic high of $108,000 has been in the rearview mirror, with the digital asset now dipping over 10% from its peak. Yet, while the price has cooled, long-dormant bitcoins are springing to life, making their way to new wallets.
Bitcoin price has noted a strong recovery this weekend after a sharp decline recently falling below the $91K mark. Amid this, veteran trader Peter Brandt has reiterated his bullish outlook on the flagship crypto, indicating that the crypto could continue its rally ahead.
Bitcoin struggles below $98K as ETF outflows grow. Progress on a US BTC reserve may determine whether BTC rallies past $120K or slips below $90K.
As the CEO of a pioneering crypto-focused mini-app within Telegram, I am deeply engaged in the cryptocurrency ecosystem, consistently monitoring market trends and technological innovations. In my professional opinion, supported by the consensus among researchers and industry experts, Solana (SOL) demonstrates significant potential for exceptional growth in the coming years.
Bitcoin, the titan of the cryptocurrency world with a market cap hovering around $1.9 trillion, has experienced a significant downturn, dipping below the psychological threshold of $100,000. This flash dump, occurring over just three days, has left many investors and analysts questioning whether this marks the end of the current bull market or signals a healthy correction within an ongoing bullish trend.
Robert Kiyosaki, the renowned businessman and author of Rich Dad Poor Dad, has issued a stark warning about the looming possibility of a global financial crisis. In a recent post on social media platform X, Kiyosaki urged individuals to safeguard their wealth by investing in gold, silver, and Bitcoin.
Crypto prices today are showing bearish momentum as Bitcoin (BTC) dropped below the $97K level, marking a sharp decline from its $108K all-time high earlier this week. The BTC price hit a low of $92K, reflecting significant volatility.
Michael Saylor, the chairman of MicroStrategy, has recently proposed a game-changing idea: if the United States were to adopt Bitcoin as a strategic reserve, it could potentially unlock up to $81 trillion for the economy. This ambitious vision has caught the attention of both supporters and critics, fueling a debate about Bitcoin's potential as a global economic asset.
Bitcoin has faced a rollercoaster of price action over the past few days, hitting an all-time high last Tuesday before succumbing to a sharp 15% correction. The recent volatility has sparked a mix of uncertainty and opportunity among market participants.
The cryptocurrency market recently experienced a massive sell-off, leading to a dramatic drop in market capitalization by over $600 billion. Bitcoin, the leading cryptocurrency, was not immune to the downturn, dipping from a peak around $108,000 to a low of $92,000.
Peter Schiff stated that the US could save a lot of money by creating a ‘USA Coin'. The coin should run with an upgraded blockchain to make it actually viable for use in payments.
El Salvador's Bitcoin journey is far from over, despite ongoing objections from the International Monetary Fund (IMF). The Central American nation, which made history by adopting Bitcoin as legal tender in 2021 alongside the U.S. dollar, remains steadfast in its commitment to cryptocurrency.
Peter Schiff introduces a controversial USA Coin proposal as a counter to the Bitcoin Reserve, fueling debate over how best to address the growing US debt. With a 21-million supply cap and blockchain innovations, his idea offers a bold alternative to cryptocurrency-backed reserves.
Peter Schiff, a harsh critic of Bitcoin, has proposed a government-backed digital currency, “USA Coin.” This shift suggests he's reconsidering his stance on cryptocurrency, favoring centralized control.
The Bitcoin price is approaching the $100,000 level again after experiencing significant declines these past weeks. A crypto analyst has pointed out that the critical resistance level at $99,800 is crucial for Bitcoin's next move.
Right now, bitcoin's price is cruising comfortably over the $97,000 mark, and we've got just ten days until we wave goodbye to the year. Here's a rundown of four big economic happenings that might steer bitcoin's course in the future.
Bitcoin's price rapidly climbed to $99.5K, coming close to the $100K milestone within hours. U.S. Bitcoin ETFs faced record outflows, with nearly $300 million withdrawn, showing mixed market behavior.
Microsoft shareholders nixed a Bitcoin treasury idea, but other big-name companies disagree with this strategy. Here's why.
Nexo and 7RCC Global are pioneering a novel approach in the investment sphere by introducing an ESG-centric Bitcoin exchange-traded fund (ETF).
Pomp Investments founder Anthony Pompliano remains long-term bullish on Bitcoin (BTC) despite the flagship crypto asset falling below the $100,000 psychological price level. Pompliano says in a FOX 5 interview that “2025 will continue to be a great year for Bitcoin.
Bitcoin is currently trading at $97,600, following a sharp dip from its all-time high and a modest recovery from the critical $92,000 support level. This recent price movement highlights the market's ongoing volatility as investors grapple with shifting sentiment and technical levels.
Bitcoin's long percentages, along with its rising demand, could spark a new ATH.
Bitcoin's rally is hitting a wall, and the numbers are lining up for a big correction in the next month. October saw the global money supply hit a peak of $108.5 trillion, pushing Bitcoin to its record $108,000 high.
In a rather unseemingly fashion, Bitcoin's (BTC) journey to a new all-time high at $108,268 was followed by an estimated 17% decline pushing the asset's price to a local bottom of $92,281.
Halliburton, the world's second-biggest oilfield services firm, has taken a step into the bitcoin (BTC) mining space by investing in Austin-based startup 360 Energy. The move, made through Halliburton Labs, was highlighted in a report from Blockspace Media.
Worried that BlackRock might change bitcoin's supply? Let me explain why that's not possible.
Cango plans to further expand its operations with an additional 18 EH/s from Golden TechGen in a deal valued at $144 million.
There is no question that the cryptocurrency industry witnessed explosive growth in 2024, with the flagship cryptocurrency Bitcoin continuing to lead the market. Data shows that the total market capitalization of the crypto industry has more than doubled over the past year.
New data from a crypto insights platform reveals that Bitcoin (BTC) exchange-traded funds (ETFs) saw the largest net outflows in one day since they launched in January.
Over the past week, bitcoin has dipped 4.18%, while ethereum has tumbled over 13% against the U.S. dollar. To make matters worse, a bunch of other digital currencies have taken an even bigger beating, with some plummeting by 20% or more. A Week of Double-Digit Losses for Most On Saturday, Dec.
Nexo 7RCC ETF combines 80% Bitcoin and 20% carbon credit futures. SEC approval for the 19b-4 filing has been granted, and launch is imminent.
Real Vision's crypto analyst Jamie Coutts is outlining the major trends that the cryptocurrency industry is likely to witness in 2025. Coutts says on the social media platform X that the decentralized finance (DeFi) sector could go up by between 4x and 5x as a result of the traditional finance (TradFi) sector entering the space.
The United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion, marking a significant milestone in the country's cryptocurrency journey. This investment surge aligns with a global bull market that has reignited interest in digital assets.
Bitcoin's price shows some worrying signs suggesting that a deeper correction is bound to occur, as the price has failed to hold the $100K level.
Wallets holding Bitcoin are now declining in number, while those that hold the meme-based Dogecoin appear to be increasing in number.
The crypto market today has been stabilizing after a slump over the past 2 days. The renewed hope has led to the market cap rising by 2.48% to reach $3.37 trillion. While the intraday trading volumes dipped notably by 42.36% to $207.
As the debate about how to manage the U.S. national debt gains momentum, key players in the crypto sector are increasingly discussing the potential role of Bitcoin in offsetting the nation's $36 trillion debt.
Robert Kiyosaki, the author of the personal finance book ‘Rich Dad Poor Dad,' has expressed gratitude to Bitcoin (BTC) investors for refusing to place their trust in traditional financial institutions.
The price of SEND and dForce jumped triple digits, while Bitcoin shows clear signs of struggling to reclaim $100,000. The cryptocurrency market is showing signs of recovery after the recent slump.
The to rise, and Virgin Voyages has found a unique way to.
Bitcoin prices climbed to an all-new high during the week through Friday, December 20, as multiple developments, including some notable government announcements, fuele
Unique spot Bitcoin and Carbon Credits Futures ETF S-1 proposal was submitted to U.S. SEC by fintech heavyweight Nexo. Nate Geraci, a top crypto ETFs expert, is optimistic about its prospects.
Bitcoin's current price is $97,384, with a 24-hour trading volume of $69.42 billion and a market cap of $1.92 trillion. Today, it danced between $95,444 and $99,496, signaling a market in a state of flux.