Bitcoin and Ethereum ETFs recorded combined outflows of over $740 million on Wednesday, led by Fidelity's FBTC's $258 million withdrawal, amid macroeconomic concerns and falling crypto prices.

A federal court has authorized the U.S. Department of Justice to sell 69,370 Bitcoin worth $6.5 billion seized from Silk Road, despite opposition from Battle Born Investments.

A special administrative region in Bhutan announced on Wednesday that it will hold Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and BNB Coin (CRYPTO: BNB) as part of its strategic reserve. What happened: Gelephu Mindfulness City, situated in the south-central part of the Himalayan nation, said in a statement that they opted for cryptocurrencies with large capitalizations to ensure ease of trading and to avoid liquidity risks.

A new Quantile Bitcoin model predicts a 50% chance of Bitcoin reaching $1 million by 2034, contradicting more optimistic short-term predictions while providing a detailed statistical timeline for various price milestones.

Bitcoin price has declined by more than four percent in the last month amid weak metrics but there's a good chance a reversal isn't far off.

Oklahoma's proposed Bitcoin Freedom Act would enable state employees and businesses to voluntarily receive and make payments in Bitcoin starting November 2025.

The United States government recently sold 69,370 seized Bitcoins despite Trump's promises of creating a strategic Bitcoin reserve.

Glassnode recently disclosed that the bitcoin market shifted to a new phase this year, following the rise to over $100K experienced after President Donald Trump's victory in the polls. Glassnode states that the movements of whales indicate that a distribution phase has already started.

The Federal Reserve released the minutes of its December 17-18 meeting on Wednesday, revealing heightened concerns among officials about the economic impact of President-elect Donald Trump's policy proposals.

A Texas court ordered early Bitcoin investor Frank Ahlgren III to surrender access to $124 million in cryptocurrency after he pleaded guilty to tax evasion and received a two-year prison sentence.

Bitcoin's price retreated below $95,000 as short-term holders moved $2.4 billion worth of BTC to exchanges, marking one of the largest single-day movements in recent months.

Spot bitcoin ETFs reported total net outflows of $582 million, while spot ether ETFs saw $159 million in net outflows on Wednesday.

Defying an IMF agreement, which stipulates El Salvador to reduce its economy's exposure to the Bitcoin market, the Central American country has recently purchased at least eleven BTC for nearly $1 million.

Bitcoin (BTC) experienced significant volatility to start the year, several large-cap altcoins managed to outperform the broader market, showing resilience in the face of uncertainty. Among these standout performers were Cardano (ADA), Stellar Lumens (XLM), and Injective (INJ), each posting impressive gains despite Bitcoin's recent pullback.

Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act. The bill allows voluntary adoption of Bitcoin for wages.

Spot Bitcoin exchange-traded funds in the United States recorded their highest outflow day on Jan. 8 over the last three weeks as Bitcoin briefly dipped under $93k, resulting in market-wide panic among investors.

Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.

In a recent blog post, serial crypto entrepreneur and commentator Arthur Hayes predicted that fresh liquidity injections into the US economy following President-elect Donald Trump's inauguration could spur a Bitcoin (BTC) rally in Q1 2025. Money Printing To Propel Bitcoin?

AI16Z has dumped the most today.

CryptoQuant CEO Ki Young Ju noted that U.S.-based entities now hold 65% more Bitcoin reserves than entities located outside the U.S. This marks a new all-time high (ATH) and shows the U.S. is taking the lead in Bitcoin reserves.

Nayib Bukele, the President of El Salvador, has hinted that a Bitcoin buying opportunity looms, sparking optimism among investors. This stems from the recent development wherein the US Government sold $6.7 billion worth of Bitcoin tokens.

Oklahoma Senator Dusty Deevers introduced the Bitcoin Freedom Act on January 8 in an attempt to speed up crypto adoption in the state.

Legendary bitcoin and crypto investor Arthur Hayes has predicted when the bitcoin price and crypto market will crash

Bitcoin's sentiment has taken a sharp turn, moving from bullish optimism above the $100K mark to growing fear as the price hovers around $95K. The much-anticipated clean breakout after reclaiming the $100K level has failed to materialize, leaving investors questioning the strength of the current bull trend.

It has evident technical advantages that make it much easier to use.

He believes Bitcoin is the modern-day answer to storing value during a crisis, making gold look like a relic from a museum.

Frank Richard Ahlgren III, an early adopter of Bitcoin (BTC), has been directed by a Texas court to relinquish access to his crypto wallets, BNN Bloomberg reported on Jan. 7. According to the report, Ahlgren was ordered to provide the private keys, seed phrases, and any devices used to store his digital assets.

Europac CEO Peter Schiff said on Wednesday that the US government won't be buying Bitcoin as Trump promised. Is it fake news?

Real Vision's chief digital assets analyst Jamie Coutts believes Bitcoin (BTC) will be at a significantly higher price six months from now.

Thailand's Provincial Electricity Authority has shut down a Bitcoin mining farm for tampering with power meters to steal electricity worth hundreds of millions of baht.

With market sentiment shifting and risks rising, can Bitcoin rally again, or is this time different?

Bitcoin's 2024 milestone elevated expectations from 2025. Now, bolder and more extravagant price predictions are shared in the market.

According to DB News, the U.S. government has been granted clearance to liquidate 69,370 BTC seized from the Silk Road marketplace following a federal judge's ruling on Dec. 30.

A federal judge approved the U.S. Department of Justice (DOJ) to sell $6.5 billion in Bitcoin acquired from the Silk Road darknet.

News is circulating that the United States government has been given clearance to liquidate a huge stash of Bitcoin, but it may have already been sold.

U.S.-based entities now control 65% more Bitcoin reserves than their non-U.S. counterparts, according to data from CryptoQuant. The post U.S. Entities Hold 65% More Bitcoin Reserves Than Non-U.S. Entities appeared first on Cryptonews.

The cryptocurrency market displayed mixed sentiments today as the global market cap dropped by 1.70%, settling at $3.31 trillion. Trading volumes also took a hit, falling 4.71% in the past 24 hours to $165.14 billion.

After Bitcoin (BTC) dropped below $100K on Tuesday, top altcoins, including XRP price, suffered a fatal crash. To make matters worse, unconfirmed reports suggest that the US Department of Justice (DoJ) is cleared to sell $6.5 billion BTC.

Bitcoin holders have been offloading their spot Bitcoin ETF shares as the asset dipped to $92,500 and remains below $95,000.

The world continues to embrace Bitcoin [BTC], the cryptocurrency is no longer just a speculative asset. Nations are increasingly exploring its potential as a complement to traditional reserves like gold.

In November 2024, the US inflation rate grew sharply from 2.6% to 2.7%. In May 2020, it was just 0.1%. In June 2022, it touched a peak of 9.1%. This inflation pattern has adversely affected the value of the US dollar. Inflation, thus, is something that determines the quality of life a working-class professional leads.

The U.S. government has been allowed to liquidate a total of 69,370 Bitcoins that were seized from the now-defunct Silk Road marketplace.

Since December 2024, institutional Bitcoin holders have been purchasing significant amounts of the cryptocurrency, buying more than 34,000 BTC, worth approximately $3.2 billion.

Bitcoin has faced severe selling pressure after briefly reclaiming the $100K mark, only to lose it in under three days. The swift reversal has left investors on edge as BTC now struggles to find stability around the $95K level.

Bitcoin's value could surge to $200,000 during the 2025 market cycle, according to KULR Technology Group, a company that recently invested heavily in the cryptocurrency.

The US DOJ received approval to sell 69,370 Bitcoin worth $6.5B, seized from Silk Road, following a federal judge's Dec. 30 ruling. The post US Govt Cleared to Liquidate 69K BTC Worth $6.5B Seized from Silk Road: Report appeared first on Cryptonews.

Bitcoin's price fell to $92,500 on Jan 7 after briefly surpassing $100,000 earlier that day, marking its first breach of the psychological milestone since Dec 19.

The US govt has dumped a massive 69,370 Bitcoins, worth a massive $6.7 billion, seized from the popular darknet marketplace Silk Road. This comes as the US Department of Justice (DoJ) approved clearing the prolonged dispute of BTC claims by Battle Born Investments.