Michael Saylor wants to create a strategic bitcoin reserve to help eliminate the national debt and strengthen the U.S. dollar.
France's Groupe BPCE has received regulatory approval to offer Bitcoin and cryptocurrency investments through its subsidiary Hexarq, targeting 35 million users with services expected to launch in 2025. The post France's Groupe BPCE to Offer Bitcoin and Crypto Investments to 35M Users appeared first on Cryptonews.
Anthony Scaramucci, the founder of SkyBridge Capital, thinks people are blowing things way out of proportion when it comes to MicroStrategy's Bitcoin buying spree. Critics say CEO Michael Saylor has gone too far by taking on billions in debt to buy Bitcoin.
Investor Cathie Wood anticipates a flurry of mergers and acquisitions (M&A) among startups as regulatory changes accompany the Trump administration, she revealed in a recent Bloomberg interview. The leader of Ark Invest, celebrated for her daring forecasts, also doubled down on her prediction that bitcoin could exceed $1.5 million by 2030.
Bitcoin (BTC) mining company MARA says it acquired 15,574 BTC for $1.53 billion after raising $1.925 billion from its zero-coupon convertible notes offerings in November and December. In a post on social media platform X, MARA says it now holds 44,394 BTC following its recent purchase of the flagship crypto asset.
Hyperliquid, Bitget token and Movement added between 25% and 50% to their value this week. The three tokens have extended their gains in the past hour.
Michael Saylor publishes a Bitcoin and crypto framework for the US government, highlighting transparency, decentralization, and innovation. The post Michael Saylor publishes Bitcoin and crypto framework for the US government appeared first on Crypto Briefing.
Cryptocurrency markets saw volatile trading on Friday despite growing interest in spot ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,108.38 +0.3% Ethereum (CRYPTO: ETH) $3,462.57 +2.6% Solana (CRYPTO: SOL) $190.13 -1.3% XRP (CRYPTO: XRP) $2.27 +2.5% Dogecoin (CRYPTO: DOGE) $0.3152 +0.9% Shiba Inu (CRYPTO: SHIB) $0.00002172 +0.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 4.6% and daily active addresses falling by 0.3%.
According to a recent report by The Washington Post, the National Center for Public Policy Research, the conservative think tank that recently made waves with its Bitcoin proposals for Microsoft and Amazon, plans a broader push.
Blockchain intelligence firm Arkham reported that Mt. Gox transferred over $102 million worth of Bitcoin (BTC).
While Bitcoin's volatility may seem intense, this correction is healthy and normal.
The Bitcoin price movements in the past 24 hours have sent the entire crypto market into another state of disarray and liquidations. Particularly, Bitcoin has witnessed a price crash of about 5% in the past 24 hours, which has seen it breaking below the $100,000 psychological price threshold again.
The 12 U.S. spot bitcoin ETFs recorded $680 million in outflows with the broader crypto market continuing to face a downturn. Biggest Outflow Day for Bitcoin ETFs The broader crypto market downturn finally caught up with exchange-traded funds (ETFs) with U.S. spot bitcoin ETFs registering a total net outflow of $680 million on Dec. 19.
Bitwise Asset Management CIO Matt Hougan tells Caroline Hyde why he believes the latest weakness in crypto and Bitcoin over the last few days is a "healthy pullback" which does not take away from the asset class's overall great run this year. He speaks on "Bloomberg Technology.
Michael Saylor revealed for the first time an unprecedented mechanism for illustrating precisely how the United States government could create $81 trillion by creating a Strategic Bitcoin Reserve. The proponent's plan underlines a strategic digital asset policy aimed at strengthening the US dollar to neutralize national debt, place America as a leader of the 21st-century
Bitcoin traders' realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off.
Crypto exchange Coinbase recorded the highest outflow last week, with 10,756 Bitcoin (BTC) withdrawn in one hour. The total volume was worth approximately $1.1 billion, sparking slight bull signals in the market.
If market conditions support, Bitcoin might double its price in 2025!
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Kristin Smith of the Blockchain Association breaks down which crypto regulations she expects lawmakers to prioritize in 2025.
The crypto market witnessed the sharpest declines in months as Bitcoin crashed to lows of $92k on December 20, 2024. However, the flagship cryptocurrency was back at $97k at the time of writing. Meanwhile, Horizen price led top gainers as Ethereum and XRP flipped positive after crashing to key support levels.
The International Monetary Fund (IMF) has agreed to issue a $1.4 billion loan facility to the government of El Salvador, but there are some strings attached related to the Central American country's Bitcoin (BTC) and crypto adoption policies.
TL;DR Bedrock launches brBTC, a liquid restaking token marking the beginning of BTCFi 2.0, focused on maximizing returns and overcoming Bitcoin's DeFi limitations. BTCFi 2.0 introduces greater cohesion, Layer-2 security, and diversified strategies, integrating Bitcoin into real-world economic applications globally.
Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin (wBTC) as the crypto king crashes below six figures.
Crypto prices fell sharply following the Fed's economic outlook, with major coins down significantly amid a broader market correction.
Bitcoin's (CRYPTO: BTC) sell-off on Friday saw prices dip below $93,000, but Bitwise CIO Matt Hougan argues that the current pullback is a “hiccup” rather than a trend reversal. Hougan sees strong underlying factors including regulatory tailwinds, institutional adoption and Bitcoin purchases by governments as structurally bullish factors for Bitcoin.
Bitcoin's recent performance has reignited interest among investors and analysts, drawing parallels with historical market cycles. Blockchain analytics firm Glassnode reports that Bitcoin's current trajectory resembles previous cycles, including 2015-2018 and 2018-2021, even as the cryptocurrency adapts to changing market dynamics.
On Friday afternoon, crypto markets appeared to catch their breath, though traders remained on edge, bracing for bitcoin's next twist. At press time, BTC was trading at $96,800 to $97,150 per coin, while the broader crypto economy stood at $3.34 trillion—down 2.7% after some recovery.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Ark Invest CEO Cathy Woods explains why she remains extremely bullish long term.
A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.
Bitcoin's supply dynamics are shifting dramatically, with demand surging and available sell-side inventory shrinking to its lowest levels in over four years, according to research from Cryptoquant and its analysts.
Quantum BioPharma Ltd., a Nasdaq-listed biotech and medical research company, has purchased $1 million in Bitcoin and other cryptocurrencies as part of a strategic move approved by its board of directors.
Solana surged 200% to $216 in 2024, while USDT's role in DeFi and real-world assets signals further growth ahead. The post BTC went viral in 2024.
The crypto market started off with mixed signals, with Bitcoin leading the altcoins following the launch of the spot BTC ETFs. However, the rest of the year proved to be rather bleak until Q4.
Over 20 on-chin metrics and indicators suggest that BTC is not done with this bull run yet and still has the potential to reach unprecedented highs.
The company announced the acquisition of $1 million in Bitcoin and other cryptocurrencies on Dec. 20, triggering a 10% drop in its stock.
The crypto market has been marked by a historic event: Bitcoin exchange-traded funds (ETFs) recorded a net outflow of $671.9 million in a single day. This event represents the largest fund outflow ever recorded for these financial instruments, highlighting a complex and changing dynamic in the cryptocurrency investment landscape.
The SEC approved the first-ever hybrid Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton, broadening institutional crypto access.
Bitcoin is under intense bearish pressure as it struggles to reclaim the $99,575 mark, a key resistance level that has proven to be a significant hurdle. After an impressive rally earlier in the month, BTC's momentum has slowed, with sellers taking control and keeping the cryptocurrency in a tight range below this critical threshold.
Bitcoin's recent price drop from $99,000 has raised questions among investors and analysts about the cryptocurrency's next move. As BTC hovers around $96,000, many are speculating whether the dip signals a larger sell-off or merely a temporary pause before a bullish recovery.
Horizen price spiked more than 60% in 24 hours as the cryptocurrency market looked to recover from a massive dump that saw top altcoins crash to key support levels. On Dec.
TL;DR More than $2.6 billion in Bitcoin and Ethereum options expire today, which could generate significant volatility in the prices of both cryptocurrencies and altcoins. Bitcoin accounts for $2.02 billion of the expirations, while Ethereum represents $598.99 million.
Nic Carter lays out his arguments against a Bitcoin Strategic Reserve.
France's banking giant, Groupe BPCE, is reportedly set to roll out Bitcoin investment services for its massive customer base of 35 million. This is done through Hexarq, BPCE's crypto-focused subsidiary, with a fully licensed operation backed by France's financial regulator, the Autorité des marchés financiers (AMF).
The excitement of the Bitcoin (BTC) bull run, coupled with the holidays, has many individuals looking for the perfect “crypto-themed” gifts to give to their loved ones. The post Five Unique Holiday Gifts For Bitcoin and Crypto Enthusiasts appeared first on Cryptonews.
El Salvador bought 11 BTC, increasing its reserves to 5,980 BTC, worth around $580 million. The IMF deal requires scaling back government Bitcoin activities, including shutting down the Chivo wallet.
Social media mentions of ‘buy the dip' hit an 8-month high as Bitcoin dropped below $100K. The social dominance score reached its highest level since April 12, 2024.