In a recently published tweet, Jeremie Davinci, an early Bitcoin adopter and cryptocurrency millionaire, has revealed the scenario how BTC can soar to roughly $350,000 without naming any particular time frames for that.
Bitcoin's price was $94,372 on Jan. 11, 2025, with a market cap of $1.86 trillion. Daily trading volume reached $52.92 billion, with intraday fluctuations between $92,275 and $95,798. Bitcoin The daily chart illustrates a prevailing bearish tone after a sharp retreat from a high near $108,364.
Mark Zuckerberg, who famously named his pet goat Bitcoin, was proposed to add Bitcoin to Meta (Facebook) holdings.
The stock market had a wonderful performance last year. That bullish fever trickled to other assets, like gold.
New Hampshire and North Dakota have introduced legislation to establish strategic Bitcoin reserves, marking a growing trend among U.S. states to diversify their treasuries with cryptocurrency. The post New Hampshire and North Dakota Latest U.S. States to Propose Bitcoin Reserves appeared first on Cryptonews.
According to Lookonchain data from Jan. 10, Bitcoin and Ethereum ETFs experienced significant outflows, reflecting cautious investor sentiment.
A widely followed cryptocurrency trader is warning that Bitcoin (BTC) may suddenly collapse if it loses a key support level.
Most alts are in the red once again today.
If BTC defends $88k before or after Trump's inauguration, a strong rebound could be imminent.
North Dakota and New Hampshire have joined the growing list of US states introducing legislation to establish Bitcoin reserves.
Bitcoin could pull back below $80k, while some expect a price reversal.
Bitcoin analyst Willy Woo has given a fair warning to Bitcoin traders that despite bullish market sentiments, they should trade cautiously in the months ahead due to the high possibility of reversal in the near term.
Data shows the Bitcoin Fear & Greed Index has declined to a neutral level recently. Here's what this could imply for the cryptocurrency's price.
With Bitcoin (BTC) showing no signs of a directional bias after the recent crash, there is widespread confusion. While retail investors panic, three major institutions have purchased BTC worth nearly $100 billion in 2024.
The US state of North Dakota has seen a proposal to set up a Bitcoin Reserve. Several US states have shown interest in Bitcoin investments over the past few months.
Bitcoin (BTC) has experienced a notable dip in price, dropping to around $92,000. This decline comes amidst rising market volatility, with short-term holders (STHs) reacting to the downturn by selling their positions at a loss.
The US non-farm payroll data (NFP) data showed that the US economy added greater than expected jobs last month in December 2024. This has dwindled the chances of a Fed rate cut coming in March this year, which could further delay the chances of a BTC price rally to $200K this year.
Spot Bitcoin ETFs, a year after their approval, remain the talking point of the town. However, the outflow recorded on the last day of this week is causing worry.
North Dakota has joined the growing list of U.S. states exploring cryptocurrency as a part of its financial strategy, following other state Bitcoin proposals. Lawmakers recently introduced a resolution aimed at including digital assets and precious metals in the state treasury to protect against inflation and economic uncertainties.
The chief investment officer (CIO) of Bitwise Asset Management Matt Hougan is highlighting one catalyst that could have a massive impact on the price of Bitcoin (BTC). In an interview on the Mr.
A Bitcoin mining operation in Thailand was raided for large-scale electricity theft, highlighting energy concerns.
Despite the anticipation of a new year's recovery, Bitcoin (BTC) has experienced a relatively unstable upside performance since the start of the year, leaving many investors questioning its next move. Regardless of the lack of significant momentum, recent insights from analysts have brought attention to key trends and accumulation opportunities for BTC.
The daily description of the five levels of rarity of the NFT collection.
New Hampshire and North Dakota join the list of US states considering Bitcoin reserves.
A new proposal urges Meta to consider Bitcoin a strategic treasury asset. The proposal is submitted by Ethan Peck, a National Center for Public Policy Research shareholder, highlighting Bitcoin's potential to outpace inflation and safeguard corporate finances. This move reflects growing advocacy for Bitcoin adoption among major corporations.
North Dakota State introduced a resolution to invest state funds in digital assets and precious metals.
Bitcoin Spot ETF outflows reached $149 million on January 10.
The Bitcoin price is stuck above $94,000 and this sustained behaviour has paved the way for the altcoins to grow. Interestingly, the trader's attention has shifted from BTC to its forks and as a result, the prices of BitcoinCash (BCH) & Bitcoin SV (BSV) have begun to rise consistently.
The expiry of approximately 19,300 Bitcoin options contracts, totaling a notional value of around $1.8 billion. As crypto markets have been retreating throughout the week, the question on every trader's mind is whether this expiration will push markets even lower or trigger a potential reversal.
While Bitcoin analyst Willy Woo advises caution over the coming months, other crypto analysts are optimistic that Bitcoin has a “high probability of reversal.”
CleanSpark is now the fourth Bitcoin miner to hold more than 10,000 BTC.
XRP advances despite Ripple's legal uncertainty. Calls grow for SEC accountability as allegations of crypto conflicts intensify.
Crypto prices today remained stable as Bitcoin (BTC) traded near $94K and Ethereum (ETH) held steady following the release of U.S. jobs data. The global crypto market cap saw a slight uptick of approximately 1%, reaching $3.29 trillion, despite a 7% dip in trading volume to $144 billion.
North Dakota has joined a growing number of U.S. states considering Bitcoin as part of their financial strategies. On Friday, the North Dakota State Legislature introduced Resolution 3001, which proposes investing select state funds in digital assets and precious metals to mitigate the impact of inflation.
Heritage Distilling, a publicly traded spirits company, announced plans to adopt Bitcoin as a strategic asset and payment method, signaling the growing trend of businesses integrating cryptocurrency into their operations. The Gig Harbor, Washington-based firm, which trades on Nasdaq under the ticker CASK, said on Friday it intends to hold Bitcoin and accept it for payments.
Ethan Peck has submitted a proposal to Meta to establish a Bitcoin treasury to hedge part of its $72 billion cash and short-term equivalents against inflation.
As Trump prepares for his second term, Bitcoin may rely more on pro-crypto sentiment.
El Salvador's tourism soared in 2024, with bitcoin adoption and safety reforms transforming the nation into a global powerhouse, driving unprecedented economic and tourism growth. Bitcoin-Led Tourism Boom Positions El Salvador as a Global Model Santander US Capital Markets LLC, a division of the global financial giant Banco Santander, published a report on Jan.
A Meta shareholder has submitted a proposal urging the company to assess the potential benefits of incorporating Bitcoin into its treasury. The proposal highlights Bitcoin's historical growth and its potential as an inflation-resistant asset compared to traditional cash and bonds.
Four spot Bitcoin (BTC) exchange-traded funds (ETFs) figured among the 20 ETFs with the most significant assets under management (AUM) one year after their launch in the US.
Heritage Distilling Holding Company, listed on the Nasdaq under the ticker CASK, has officially announced its Bitcoin Treasury Policy Statement. The company intends to incorporate Bitcoin into its operations by accepting it as payment and holding it as a strategic asset.
A significant event in the cryptocurrency market has emerged as a whale deposited a substantial $28.5 million worth of Wrapped Bitcoin (WBTC) to Binance on January 9, 2025. The sale, which involved 300 WBTC, resulted in an impressive profit of nearly $10 million for the trader.
Legislators in North Dakota will weigh whether to diversify its assets with crypto and precious metals, following other state Bitcoin proposals.
Nubit launches Goldinals, a unified token protocol for every Bitcoin native asset, as well as Meta Protocols.
A double-bottom reversal of a bullish chart pattern that might result in a significant price rebound is what Shiba Inu is indicating is possible. SHIB's price is testing important levels close to the 200 EMA, a crucial long-term support at its current price of $0.00002164, which supports the idea of a potential recovery.
Bitcoin's network has seen a noticeable shift in its computational capacity, shedding around 44 exahash per second (EH/s) in the past four days. Tough Terrain for Bitcoin Miners The network's hashrate, which reached a peak of 824 EH/s, has now settled at 780 EH/s, based on the seven-day simple moving average (SMA).
Policymakers in Germany are actively considering strategies to integrate Bitcoin (BTC) into the nation's financial framework. The recent Blockchain Roundtable held in the German Parliament brought out some of the key proposals for realizing this objective.