Pennsylvania could invest up to 10% of its treasury funds into Bitcoin if this newly introduced bill is passed.
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Goldman Sachs has significantly increased its Bitcoin ETF investments, signaling growing institutional interest in cryptocurrencies.
Bhutan Bitcoin sale nets $33M amid BTC's record surge, showcasing strategic profit-taking.
On Thursday, U.S. spot bitcoin and ethereum ETFs hit a snag, snapping a streak of inflows. Ethereum Funds Falter as Bitcoin ETFs Face $400M Outflow Bitcoin (BTC) saw a slight dip, slipping below $90,000, while U.S. spot bitcoin ETFs experienced outflows totaling $400.67 million. Not everyone took a hit, though. Blackrock's IBIT picked up $126.
Plans for the long-awaited $100K bitcoin party are underway, with Saylor expecting it to take place around New Year's Eve.
Even if Bitcoin dips, "we expect investors to view this as an attractive entry opportunity, injecting new liquidity," said an analyst.
Bitcoin Magazine CEO David Bailey has suggested that President-elect Donald Trump could elevate Bitcoin to the status of a “strategic reserve asset” without requiring approval from Congress. In a Nov. 15 statement on X, Bailey suggested that the President could use executive authority to initiate a national Bitcoin reserve.
Marketing influence and entertainment narratives have emerged as the most powerful drivers of asset success in the cryptocurrency market, beating out traditional financial metrics like intrinsic value or cash flow. This shift, noted in a recent 10x Research report, shows why protocols with outspoken founders and strong marketing personas have thrived.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 15, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
The 230-day post-halving period typically signals a drop in Bitcoin dominance, fueling altcoin momentum.
Story Highlights ETH Price experiences a strong pullback around the $3.5k range. Daily EMA 50/200-day hints at a potential Golden Cross. Bullish recovery may push the price toward the $4k level this year. The largest altcoin by market capitalization has lost about $333 from its valuation over the last 4 trading sessions.
Bitcoin (BTC) saw selling pressure from miners, with old wallets reawakening to take profits near peak valuations.
BitMEX will list a new XBT futures contract, XBTU25, margined in Bitcoin, on November 18, 2024, offering up to 100x leverage. The contract will expire on September 26, 2025.
A widely followed crypto analyst believes one decentralized finance (DeFi) altcoin is gearing up for a massive breakout. Pseudonymous crypto trader Credible Crypto tells his 434,600 followers on the social media platform X that the DeFi protocol Curve Finance/Bitcoin pair (CRV/BTC) is showing bullish divergence on the two-week chart.
In terms of market share, the Bitcoin options market shows high concentration, with most trading on Deribit.
Ilya Lichtenstein, a hacker behind one of history's biggest cryptocurrency thefts, received a five-year prison sentence.
Ethereum (ETH) price today trades at as of . Ether prices hit a daily high of today after rising % on.
The election of Trump as the main driver of the current bull and bear sentiment in the crypto market.
Bitcoin's price has been on an impressive run lately, with the cryptocurrency reaching new all-time highs and attracting increasing optimism from the market. On Wednesday, Bitcoin surged past $90,000, touching a record $93,480 before stabilizing around $89,400.
Senator Lummis proposes selling gold to create a Fed Bitcoin reserve, aligning with Trump's pro-crypto policies.
Samson Mow, CEO of JAN3, has doubled down on his earlier prediction of bitcoin reaching $1 million in weeks to months. Mow states that the U.S. debt cannot be repaid, and one of the best decisions to deal with it is rebasing the price of the U.S. dollar to bitcoin.
A small Asian country sitting in the Himalayas is now among the largest holders of Bitcoin in the world. Bhutan might be occupying a small land area but it achieved a huge milestone in its cryptocurrency investments hitting $1 billion worth of Bitcoin.
Bitcoin miner Greenidge Generation will continue operating in New York after prevailing in a legal case against the State's Department of Environmental Conservation (DEC), according to a Nov. 14 statement.
Crypto could stave off the U.S. debt crisis, according to Former House Speaker Paul Ryan in his recent op-ed published in the Wall Street Journal. Ryan argues that America's $35.46 trillion and rising debt threatens the U.S.
Data from several on-chain indicators suggests demand from retail investors has finally returned following the latest Bitcoin rally. Bitcoin Retail Interest Has Returned In Explosive Fashion Bitcoin has witnessed a massive surge recently and has come closer to the $100,000 dream target than many had expected.
This week in crypto, a lot happened across different ecosystems, with momentum reinvigorated by the broader market's prevailing bullish sentiment. Besides Bitcoin's (BTC) testing unchartered territory, the following are some of the updates you won't want to miss.
Lummis calls Bitcoin “digital gold” and says it offers security and growth potential that can't be ignored. Lummis is a big supporter of cryptocurrency and thinks it's time for the U.S. to get on board in a big way.
TL;DR VanEck predicts Bitcoin could reach $180,000 by 2025, with no technical resistance in its path, according to Matthew Sigel, head of digital assets research. Bitcoin has surged nearly 30% since November 5, reaching a record of just under $93,490, driven by favorable sentiment following Donald Trump's return to the U.S. presidency.
Goldman Sachs has significantly expanded its Bitcoin ETF holdings, as revealed in its latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The Wall Street giant holds $710 million across various Bitcoin exchange-traded funds (ETFs), according to its latest SEC filing for the quarter ending September 30.
The U.S. senator wants to bet on Bitcoin as a new safe haven asset.
Since the second quarter, Goldman Sachs has added $300 million to its portfolio in Bitcoin ETF holdings, increasing exposure by 71%.
Binance launches a promotion for P2P users in Africa, offering up to 200 USDT in rewards for accurate BTC price predictions and completing P2P purchases.
Can Bitcoin realistically achieve $180K target by 2025? VanEck predicts
ETF data suggests that BTC could have bottomed, at least for now.
A mysterious Bitcoin (BTC) whale from the Satoshi era has moved again, raising more questions about its dormant intentions. In a single move, the mysterious whale deposited 2,000 BTC from different anonymous addresses into a single Coinbase account.
For his role, Lichtenstein was sentenced to five years in prison, followed by three years of supervised release.
Ilya Lichtenstein sentenced to 5 years for laundering $8 billion in stolen bitcoin. The stolen bitcoin is now worth over $8 billion, up from $71.8 million in 2016.
The crypto market experienced a significant decline as Bitcoin price decreased by 5%, dropping to approximately $87,000 from a high of $93,000. Altcoins have suffered even more, with certain ones experiencing a decrease of 10-20%.
The US spot Ethereum ETF issuers registered a net cash outflow of $3.24 million on Thursday, thus ending the longest period of notable cash inflows.
The co-founder of MicroStrategy stated what he believes are the lows and highs by the end of the year.
MicroStrategy CEO Michael Saylor is expecting Bitcoin to hit $100,000 before the end of the year, stating that the 2024 U.S election outcome was ‘the biggest thing that's happened in the past four years for Bitcoin.
The Bitcoin Rainbow Chart pointed out that the king coin's price was in the “HODL” position.
On-chain data shows Bitcoin has continued to flow out of the cryptocurrency exchange Binance even after its latest high above $93,000. Bitcoin Binance Netflow Has Been Seeing Negative Spikes Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for Binance has registered negative values recently.
How far can this Bitcoin run go?
Explore the likelihood of each of these scenarios for the ultimate Bitcoin price prediction: race toward $100K, dip to $80k or consolidate at $90k.
Matt Gaetz, a Florida Representatives and American lawyer, has been nominated as Attorney General by President-elect Donald Trump. Gaetz was assigned due to his educational and career experience in law.
From a fairly comfortable expectation of another Fed rate cut in December, the market has reacted negatively to Fed Chairman Jerome Powell's remarks on Thursday, hinting that a December rate cut may not be forthcoming. Stocks fell on the news, and Bitcoin ($BTC) suffered a deeper retracement before staging a recovery early on Friday.