Russia just put Bitcoin at the center of its economic chessboard. Earlier today, President Vladimir Putin signed a law that not only recognizes Bitcoin and other cryptocurrencies as legal property but also brings a lot of new regulations to the industry.

Bitcoin touched $100,000 on the CME Futures platform, while the token's spot price lagged slightly during Thanksgiving.

The crypto analytics firm Santiment says Bitcoin (BTC) is likely heading higher if one key trend continues. According to Santiment, if the Mean Dollar Invested Age (MDIA) metric keeps declining, the chances are high for Bitcoin to start surging again.

Bittensor and Theta have also recorded double-digit gains in the past 24 hours, hitting levels that bulls could strengthen at to add to the upside momentum. Meanwhile, the global crypto market cap has jumped 2% to $3.37 trillion, benefitting from Bitcoin's spike above $97,000.

CryptoQuant's P&L and Bull-Bear Market Indicator show BTC is still below overvalued territory; hence, the cryptocurrency has more room for growth.

Bitcoin whales have been taking advantage of the flagship cryptocurrency's recent price dip to keep on accumulating BTC after short-term holders moved nearly $4 billion in the cryptocurrency to exchanges. According to CryptoQuant analyst Cauê Oliveira, Bitcoin whales took advantage of the “panic selling” to accumulate, with 16,000 BTC worth nearly $1.

Raoul Pal, a renowned investor, has issued an epic bullish Bitcoin (BTC) statement that might significantly affect investors' approach to the coin. Pal's statement comes as the broader cryptocurrency market watches whether BTC will surpass the $100,000 level.

The market remains bullish despite sellers' pressure, according to CoinStats.

The Bitcoin market rallied a bit on Friday, as traders continue to see the dips as reasons to get involved. At this point in time, the market sees the $90,000 level as a major support level, and the $100,000 level as a major ceiling.

In the last hour, bitcoin's price is coasting along between $97,865 to $98,580 on Nov. 29, 2024, after a bullish rally that pushed the market cap to $1.95 trillion. The cryptocurrency's technical indicators suggest a strong upward momentum across multiple timeframes, though significant resistance looms near the $100,000 mark.

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Despite bitcoin rebounding above $98,000, a strengthening U.S. dollar could pose a headwind for further gains.

The investment firm plans to “systematically increase” its Bitcoin holdings through a ¥9.5 billion stock issuance to raise funds.

The UK Court of Appeal has firmly rejected Craig Steven Wright's (CSW) application to appeal his case asserting he is Satoshi Nakamoto, the creator of Bitcoin. The dismissal of Wright's appeal effectively nullifies his claims, reinforcing the prevailing consensus that he is not the individual behind the pseudonym.

The massive spike in the price of bitcoin will create urgency around investing in crypto and scammers use that sense of urgency to steal, according to the Identity Theft Resource Center.

Metaplanet plans ¥62M fundraising to acquire 652 BTC, bolstering holdings amid yen depreciation concerns.

Russia's Federation Council – the country's upper house of parliament – has approved a landmark cryptocurrency taxation bill. Among its key provisions, the legislation imposes a maximum tax rate of 15% on Bitcoin (BTC) and other digital asset mining operations.

In an interview at the New Orleans Investment Conference on Thursday, Peter Schiff, chief market strategist of Euro Pacific Asset Management, expressed skepticism about cryptocurrency while remaining bullish on gold. Speaking with Kitco News, Schiff maintained a positive outlook for gold prices, noting that the precious metal is in “uncharted territory” with “no resistance.

Russia's most senior crypto legislation architect has ruled out the creation of a national Bitcoin reserve. The post Top Russian Lawmaker Rules Out Creating a National Bitcoin Reserve appeared first on Cryptonews.

Ethereum (ETH) could be poised for a new record high as the second-ranked cryptocurrency by market cap mimics Bitcoin's (BTC) past bull run.

Localized geopolitical conflicts are rising with global risks looming.

Pav Hundal, the lead analyst at Swyftx, believes altcoins remain in a cycle of massive gains and pullbacks until Bitcoin reaches the $100,000 level. The analyst also suggested that while several coins, including some memecoins, have been outperforming the top cryptocurrency, altcoins will remain shaky until BTC manages an ‘exuberant move' during the bull run.

Based on the growing global money supply projected to peak at $127 trillion in January 2026, some analysts predict a Bitcoin cycle top above $132,000.

The UK Court of Appeal suggested that Craig Wright's appeal grounds contained “multiple falsehoods,” including reliance upon some “fictitious authorities.”

Mike McGlone, the chief commodity strategist at Bloomberg Intelligence, has taken to his X account to share part of the recent report published by the analytics agency he works for and mention that Bitcoin and a few other assets have been massively outpacing one fundamental asset lately – crude oil.

Bitcoin (BTC), the world's leading cryptocurrency, appears to have initiated a final push for the historic $100,000 level. Data shows that the BTC price has reclaimed $97,476.16, representing a 2.05% increase in the last 24 hours.

SOS Ltd invested $50 million in Bitcoin, reflecting its confidence in the cryptocurrency's long-term value. The announcement caused SOS's stock to surge by nearly 100%, showing strong investor interest.

Bitcoin (BTC) has faced a slight setback in its recent upward trajectory, struggling to rally to the highly anticipated $100,000 price mark. The cryptocurrency has been consolidating below this mark for the past few days, leaving investors speculating about its near-term price movement.

From Historic Gains to Future Growth: What the November Bitcoin Price Breakthrough Means for Investors in December.

Russian President Vladimir Putin has signed a law introducing taxation on income and expenses derived from digital currency mining, purchase and sale. What Happened: Published on the official legal information portal, the legislation recognizes digital currencies as property under the Tax Code and establishes a taxation framework to regulate crypto-related activities, according to Russian news agency Interfax.

Bitcoin (BTC) has been consolidating below the $100,000 psychological resistance since breaking out of a seven-month downtrend in November. Now, traders are cautiously looking at key levels that BTC needs to reclaim before trying a new price rally above $100k.

The cryptocurrency industry has been making bullish moves since early Asian trading hours today. As a result, the global market cap has risen by 1.89% to $3.38 trillion. However, the trading volume has dropped notably by 25.45% to $148.18 billion.

TON Teleport BTC's white paper has introduced the public to an innovative method to connect the Bitcoin and TON ecosystems. TON expects the new introduction to create a seamless bridge for cross-chain transactions.

Bitcoin (BTC) held steady on Friday, easing slightly from its record high of $99,655 as U.S. markets slowed in observance of the Thanksgiving holiday.

A dozen Bitcoin ETFs in the U.S. have attracted $6.2 billion in November, nearing a monthly inflow record as Bitcoin hovers near $100,000. Spot Bitcoin exchange-traded funds are on track for their strongest month yet, with $6.

If the price of Bitcoin ($BTC) hits $150,000, one analyst believes Sui Network's native $SUI coin could hit a potential high of $28. This is more than 7X its all-time high (ATH) of $3.92, posted on November 17 this year. The bullish forecast was tweeted by “madness.sui” (X handle @lfgmadness).

Bitcoin (BTC) has been consolidating above the $90,000 support zone for the last ten days, reaching its latest all-time high (ATH) of $99,645 about a week ago. Since then, the cryptocurrency has closed below a short-term downtrend line, failing to break above it and potentially risking a drop to two-week lows.

Fred Thiel, CEO of Marathon Holdings (NASDAQ:MARA), expressed gratitude for the company's achievements this Thanksgiving, highlighting a record market cap and mining success. What Happened: Thiel took to social media on Friday to commend the efforts of his team at MARA.

How can Microstrategy borrow billions at 0% to continue buying bitcoin and what does this reveal about market players' expectations.

A top analyst who accurately called the end of the 2022 crypto bull market thinks Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs. Pseudonymous analyst Pentoshi tells his 826,200 followers on the social media platform X that ETH/BTC looks good after respecting its support at 0.30 BTC.

Matt Hougan, CIO of Bitwise, the largest crypto asset management fund in the U.S., predicted that the volatility of bitcoin prices will be reduced due to the entrance of new “value” players to the market.

BTC price momentum gathers pace into the week's last Wall Street open with traders firmly bullish on Bitcoin.

The Bitcoin bull market is underway! The BTC price just reclaimed the crucial $97,000 price level, suggesting the bulls have jumped back into action. With the growing certainty over the crypto space, the traders and the institutions seem to have become bullish on Bitcoin.

Bitcoin is on the verge of hitting a historic milestone—$100,000 per coin. Bitcoin soared to a new all-time high (ATH) of $99,588 last week but soon faced a 7% correction, dropping to $90,791 on Tuesday. By Wednesday, the cryptocurrency began to recover, and as of Friday, it is steadily climbing, currently trading around $97,000.

MicroStrategy's bold move to hold billions in Bitcoin is making waves. As more companies explore this strategy, could Bitcoin become the new standard for corporate reserves?

The Open Network (TON) has unveiled a trustless cross-chain bridge designed to integrate Bitcoin liquidity into its ecosystem. Named TON Teleport BTC, the bridge aims to harness Bitcoin's foundational principles to enhance connectivity and utility within the TON ecosystem and the Telegram audience.

Bitcoin bulls are ramping up their 2025 price predictions after Donald Trump's election triggered a regulatory "green light"