Vanguard, the second-largest ETF provider, has tripled down on its rejection of bitcoin and the crypto asset class, declaring that the merits of these digital assets are “weak” and based on speculation.
Following the approval of the US-based spot Bitcoin exchange-traded funds (ETFs) in January 2024, the crypto crowd felt it was only a matter of time before other similar products received the green light. Barely six months after the BTC ETF trading debuted, the Ethereum exchange-traded funds were also launched in the United States.
Amid stock struggles, Nano Labs turned to Bitcoin payments last month to focus on global transactions and attract new partners and customers.
The number of Bitcoin wallets holding less than 1 BTC is projected to increase by nearly 9% in the coming weeks. The post Small Bitcoin Wallets Set to Surge 9% as Investors Keep Stacking Beyond $100K Milestone appeared first on Cryptonews.
Chamath Palihapitiya, the founder and CEO of venture capital firm Social Capital, has offered a possible timeline for when the Bitcoin (BTC) encryption might finally be cracked, given the ongoing advancements in quantum computing.
President-elect Donald Trump has officially confirmed plans to create a US Bitcoin strategic reserve, a decision he'd been flirting with during the last few months of his campaign. This comes just as Bitcoin's price exploded past $100,000, riding the wave of optimism following his re-election.
A new proposal, advocated by John Carvalho, seeks to redefine the unit of measurement for Bitcoin. The idea? Replace decimal points with a representation in whole numbers, where what we currently consider a satoshi would become the new "bitcoin.
A new Bitcoin proposal suggests removing decimals and redefining its units. Will this simplify Bitcoin or alter its perceived value? The post Bitcoin Proposal to Eliminate Decimals – Could This Shake Up Prices? appeared first on Cryptonews.
Bears remain more powerful than bulls on the last day of the week, according to CoinMarketCap.
On Dec. 10, Microsoft (MSFT -0.51%) shareholders voted against a proposal to ask the company to add Bitcoin (BTC 0.66%) to its balance sheet. Microsoft's board had recommended that shareholders vote no, so the rejection was perhaps no surprise.
The Bitcoin price performance in 2024 is one for the history books, with the premier cryptocurrency crossing the $100,000 mark for the first time ever.
It's been a milestone year for cryptocurrency, and in particular, the industry's poster child -- Bitcoin (BTC 0.48%).
Bitcoin is just steps away from breaking its all-time high, and excitement is building fast! With bulls in control, renowned trader Captain Faibik predicts a strong rally that could push Bitcoin's price up by 10-12%. If it breaks the key $103,000 level, Bitcoin could soar to $113,000, marking another major milestone for the crypto giant.
Tom Lee is the head of research at Fundstrat Global Advisors. He correctly anticipated the stock market rally that lifted the S&P 500 out of bear market territory last year.
This week, Amir Taaki hopped back onto X to share his view that Bitcoin's leadership “is corrupt.” Taaki announced he's now more captivated by the Ethereum scene, diving into zero-knowledge (ZK) tech, decentralized finance (defi), and “crypto math.
Bitcoin price has held steady in the past few months, and is holding near a record high as demand remains high. The coin was trading at $101,760, which is about 570% from its lowest point in 2022, making it the best-performing major asset.
In a recent interview with CNBC's Fast Money, Dan Morehead, the founder of Pantera Capital, shared his optimistic outlook for the cryptocurrency market in 2025.
Bitcoin mining, while a largely profitable venture for mining companies and individuals, can cause plenty of problems. The rise of crypto mining can raise rates, weaken grids, and even cause power blackouts in certain countries like Thailand, Venezuela, and Kazakhstan.
The past few days have not turned out in favour of retail traders and investors. While Bitcoin (BTC) maintains its support at $100,000, many other major cryptocurrencies are underperforming, showing a retreat across the altcoin market.
The total crypto market cap has retraced to just under $3.8 trillion.
Yellow Card, an African stablecoin platform, has partnered with Lightspark to integrate Universal Money Addresses (UMA) into its services. Yellow Card Connects African Businesses to UMA Network Yellow Card, the Africa-focused stablecoin platform, has partnered with Lightspark to connect businesses in 20 African countries to the Universal Money Address (UMA) network.
Colin Wu, a well-known cryptocurrency journalist from China, has highlighted significant developments surrounding Bitcoin in Thailand.
VanEck has forecasted that Bitcoin, Ethereum, and Solana will hit new all-time highs in 2025, driven by several key factors.
In a significant step toward establishing a US strategic Bitcoin reserve, Senator Cynthia Lummis recently met with incoming Treasury Secretary Scott Bessent, according to a recent social media post on X (formerly Twitter) in which Lummis expressed optimism about Bessent's potential support for digital assets, particularly BTC.
Bitcoin steadies at $101k as BTC-spot ETFs see $2.16B weekly inflows. Trump's pro-crypto agenda hints at rising demand.
MicroStrategy's Michael Saylor responded to MARA Holdings' praise, suggesting the firm may be next among Bitcoin firms to join MicroStrategy on the Nasdaq 100.
Travala hits a $100M revenue milestone, launching a bitcoin-driven treasury plan to boost growth, enhance liquidity, and reshape the future of blockchain-powered travel.
In a notable development for the cryptocurrency landscape, Japanese Member of Parliament Satoshi Hamada has urged his government to establish a Strategic Bitcoin Reserve, aligning Japan with a growing global trend where nations like the United States are exploring similar initiatives. Bitcoin Adoption Surges Among Nations And Major Corporations Hamada's proposal reflects a broader interest in diversifying national reserves with cryptocurrencies, particularly following recent discussions in the Japanese parliament about reserve movements in the US and other countries.
The price of Bitcoin (BTC) experienced much turbulence in the past week dipping by almost 5% to reach a local bottom of $95,000 on Wednesday. While the crypto market leader has since recorded a market rebound returning to above $101,000, BTC has once again slipped into consolidation drawing much speculation on its next price movement.
As speculation swirls around the future trajectory of Bitcoin (BTC) and the broader cryptocurrency market, asset management firm VanEck has released a set of predictions that bolster optimism for continued upward momentum. VanEck Forecasts Bitcoin Soaring To $180,000 VanEck predicts that the crypto bull market will reach a “medium-term peak” in the first quarter of 2025, followed by new all-time highs by the year's end.
Bitcoin “shrimps” are showing firm conviction that the price of Bitcoin is going to continue its uptrend, according to a crypto analyst.
Bitcoin “shrimps” are showing firm conviction that the price of Bitcoin is going to continue its uptrend, according to a crypto analyst.
Bitcoin “shrimps” are showing firm conviction that the price of Bitcoin is going to continue its uptrend, according to a crypto analyst.
Bitcoin (BTC), the world's leading cryptocurrency, might be on the verge of an unprecedented rally, according to Perianne Boring, CEO of the Chamber of Digital Commerce. Boring recently shared her prediction that Bitcoin's value could soar to a staggering $800,000 by 2025, fueled by several key factors shaping the digital currency landscape.
Microstrategy's $43 billion bitcoin bet propels it into the Nasdaq-100, fueling bullish momentum as institutional investors are expected to prepare for major crypto-driven gains. Nasdaq Adds $43B Bitcoin Giant Microstrategy: Institutional Buying Frenzy Ahead? Nasdaq Inc.
Several major cryptocurrencies are underperforming today, with notable losers including SUI ($SUI), down 6.5% after peaking at its all-time high of $4.89 last Friday, along with PEPE ($PEPE), BONK ($BONK), and Polkadot ($DOT), all dropping roughly 6%. Adding to the downturn, Cardano ($ADA), Fantom ($FTM), and Hedera ($HBAR – click for full insight) have each fallen by over 5%, reflecting a broad retreat across the altcoin market.
Singapore's calculated embrace of Bitcoin is paying off, as the country sees significant rewards from its forward-thinking approach to cryptocurrency. While many nations remain cautious about digital assets, Singapore's strategic investments and regulatory framework are positioning it as a global leader in the cryptocurrency space.
Microstrategy is the biggest corporate Bitcoin buyer, with 423,650 bitcoins per last revelation, and is now on the Nasdaq 100 Index. The popular index lists the top 100 largest non-financial companies, including global giants like Amazon, Apple, Nvidia, Meta, and more.
Bitcoin addresses are your wallet's public identity, each with a unique purpose and evolution to match the growing needs of the cryptocurrency world. Unlocking Bitcoin's Address Book: From P2PK to Taproot If you're new to Bitcoin, understanding its address formats might feel like learning a new language.
The Bitcoin community is reviewing a proposal to eliminate decimals and redefine the top asset's unit of measurement.
Peter Schiff doubts that 1 million Bitcoins could ever pay off the U.S. national debt, as Bitcoin's market cap would need to increase by over 20,000%, which is unrealistic. He also questions Bitcoin's global adoption and sees its value increased more by speculation than real demand.
A Japanese lawmaker has called on the government to adopt a strategic Bitcoin reserve to be at the fore of global financial innovation. This follows similar efforts by legislators in the United States, Russia, Argentina, and other jurisdictions.
U.S Bitcoin ETFs are inching closer to holding 6% of Bitcoin's total market capitalization.
Bitcoin Price Surge: $150,000 Possible? - Bitcoin trades near $100,860 amid bullish news like Japan's Bitcoin reserve proposal and MicroStrategy's Nasdaq-100 inclusion. The post Japanese Lawmaker Named Satoshi Proposes BTC Reserve – Is $150,000 Bitcoin Price Possible in December? appeared first on Cryptonews.
American economist Saifedean Ammous argues that Bitcoin is superior to gold because it has a fixed supply, is digital, and is not controlled by governments, making it a better store of value and a solution to inflation and debt issues in today's financial systems.
Since Bitcoin's (BTC) price surpassed the $100,000 mark and hit a new all-time high, there has been speculation that the cryptocurrency might have hit this cycle's top. However, several key Bitcoin indicators suggest that this bias stems from personal opinion and is not supported by historical data.
Eclipsed by a cautious market, Bitcoin finds its way between fears and ambitions. Hidden data whispers: patience before the explosion, as every peak conceals the next challenge.