The crypto market has already priced in the Fed rate cut, and historical data suggests Bitcoin could gain an extra 35% within two months after a 50% surge over 60 days.

FASB has officially initiated fair value accounting rules for Bitcoin. This aims to encourage Bitcoin adoption as a reserve asset.

TL;DR Ethereum's (ETH) price surged to $4,000 following significant activity from two newly created multi-signature wallets, which withdrew a combined total of 4,502 ETH from Binance. The timing and scale of these transactions suggest potential institutional involvement, boosting the value of the staked ETH by 3% and generating an unrealized profit of over $500,000.

Bitcoin is trading slightly below the $104k level at the time of writing. Bitcoin is on a strong upward move, moving towards much higher targets above $110k. The price has been steadily rising, with shallow pullbacks, which is typical of previous cycles. The push higher suggests we could soon reach higher targets.

Bitcoin surprised the community with a sudden 3.58% move towards $106,533. However some analysts were definite about this move due to Moving Average 20 playing big. This has caused people to talk about the Christmas rally. There are a number factors behind this momentum.

A widely followed crypto analyst says that holders of smart contract platform Solana (SOL) may be due for the same pain Ethereum (ETH) traders felt during previous cycles.

The Ethereum market was seen experiencing a 2.36% surge in the last 24 hours, with ETH price settling near $3,951.

Digital asset investment products recorded a significant surge over the past week, with investors pouring another $3.2 billion into the market. In its weekly fund flows report, digital asset manager CoinShares says the global crypto exchange-traded products market reached $44.

Microsoft, one of the largest tech companies in the world, has reinforced its interest in crypto as an asset class, proclaiming that it was one of the pioneers in accepting digital assets for its services.

Key Points:

Bitcoin briefly crossed $106,000 overnight after it was announced on Friday that the Nasdaq 100 index will be adding MicroStrategy.

The Bitcoin-to-gold ratio, a key metric measuring Bitcoin's purchasing power, has reached a new ATH as Bitcoin's price surges to record-breaking levels. The post Bitcoin Tops $106K, Outpaces Gold with All-Time High Purchasing Power appeared first on Cryptonews.

Former Binance CEO Changpeng ‘CZ' Zhao creates a thread on X, showcasing news headlines that point to governments establishing strategic Bitcoin reserves, much like the plans introduced in the U.S.

The cryptocurrency market is gearing up for an exciting 2025, with Bitcoin (BTC) leading the charge and altcoins set to follow in its wake. After hitting a new high above $106,000 recently, Bitcoin continues to show strength, signaling the possibility of further growth into the new year.

The Federal Reserve has been warned its "biggest nightmare" could come true in 2025

The cryptocurrency market is reaping the rewards of a long-awaited bull run — one that kicked off in early November following the re-election of Donald Trump to the presidency.

Satoshi Action Fund CEO and co-founder Dennis Porter on Sunday revealed that President elect Donald Trump is exploring the possibility of issuing an executive order to create a Strategic Bitcoin Reserve (SBR). The move would mark a significant shift in U.S. economic policy, positioning Bitcoin (CRYPTO: BTC) as a core national asset.

Bitcoin ($BTC) may have topped for now at a price of $$106,500. As the king of the cryptocurrencies starts to run out of steam, the altcoins are beginning to feel the effects of this new wind change.

Donald Trump's re-election has quickly proven a major bullish catalyst for Bitcoin (BTC) as the world's premier cryptocurrency rallied 50.23% between November 5 and press time on December 16.

TL;DR Hyperliquid is growing significantly amid increased fund inflows into Bitcoin (BTC) and Ethereum (ETH) within the DeFi sector. The recent surge in BTC and ETH prices has led to notable fund inflows into DeFi protocols, with Hyperliquid becoming a major hub for value locked, reaching a TVL of $3.19 billion.

The cryptocurrency market has recently been shaken by a major news: a massive influx of 148 billion dollars in stablecoins. This situation raises crucial questions for Bitcoin (BTC) investors and could have significant implications for the future of the world's most famous cryptocurrency.

Bitcoin (BTC) has recently seen an impressive price surge, reaching new highs as its market cap surpassed $2 trillion. However, a major shift in the cryptocurrency market could be brewing as $148 billion in stablecoin inflows have flooded exchanges in recent months.

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Bitcoin reaches a record high due to President-elect Donald Trump's support for digital assets and optimism about Trump's proposal for a national Bitcoin stockpile. China's retail sales growth unexpectedly weakened in November despite signs of improvement in the housing market, highlighting the urgency for Beijing to further encourage residents to spend.

El Salvador's unrealized profits on its Bitcoin investment briefly surpassed $360 million after BTC reached a new high above $106,000 earlier today. The country's president, Nayib Bukele, shared a screenshot of its portfolio, showing that its investment has already doubled in value.

As the end of 2024 nears, BTC price trend gains momentum. Crossing new resistances and preparing for a massive breakout run, Bitcoin targets a dominant rally in the six-digit price realm.

Ethereum is once again making headlines as it edges closer to the critical $4,100 resistance level. After building steady upward momentum, the bulls seem determined to reclaim control and challenge this key barrier.

With a new all-time high, Bitcoin is once again the talk of the crypto world. In the rough history of the alpha cryptocurrency, breaking through the key $106,000 mark on December 16, 2024, was a big moment.

Ethereum (ETH) faces potential market volatility after Tron (TRON) founder Justin Sun announced his intention to withdraw 52,905 ETH, valued at around $209 million, from Lido Finance (LDO). Sun's decision comes on the heels of a recent sell-off when Ethereum hit the $4,000 mark, raising questions about his intentions.

Over 94,000 crypto traders lost $320 million in liquidations as Bitcoin defies bearish expectations.

Shares of were higher Monday after Nasdaq.

Amid revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a realm of limitless innovations and a battleground for regulatory and economic conflicts. Here is a summary of the most significant news from the past week regarding Bitcoin, Ethereum, Binance, Solana, and Ripple.

Over the past decade, cryptocurrency has emerged as a new asset class in the investing community. According to research by The Motley Fool, an estimated 75% of people who own crypto view it as an investment.

A look at the day ahead in U.S. and global markets by Amanda Cooper.

TL;DR Bitcoin has reached a new all-time high of $106,488, driven by bullish market sentiment and strategic moves by major players, with the broader crypto market also experiencing a boost. Key drivers include speculation around MicroStrategy's Bitcoin purchases, political and economic developments, and technical analysis signaling further price appreciation.

Ethereum whales and institutions are accumulating. Whales have accumulated 6102 ETH tokens worth $23.84 million over the past day.

Benchmark cryptocurrency bitcoin (BTC) ran up a fresh all-time high of more than $106,000 in Monday's early hours. The BTC/USD pair climbed as high as $106,658 before sliding back below $105,000 at the time of writing.

US President-elect Donald Trump is reportedly considering an Executive Order to establish a Strategic Bitcoin Reserve (SBR), according to Satoshi Act Fund founder Dennis Porter. On Dec. 15, Porter shared on social media platform X (formerly Twitter) that Trump plans to use the Treasury's Exchange Stabilization Fund (ESF) to implement this strategy after his inauguration.

Bitcoin ($BTC) hit $106,500 early on Monday, giving the bulls renewed hope that this current price surge will continue. However, most indicators are now signalling a very overbought condition for Bitcoin, which could mean that the next correction is about to begin.

CK Zheng believes that Bitcoin entered a ‘Santa Claus mode' thanks to the FOMO from investors causing them to allocate more capital into BTC.

The latest forecasts on the price of Bitcoin (BTC) range from short-term increases to ambitious long-term projections.

As of 9:50 a.m. UTC on Monday, December 16, Bitcoin is trading at $104,800, up 2.6% over the past twenty-four hours. Earlier today, Bitcoin reached an all-time high of $106,533 at 12:35 a.m. UTC, reflecting strong bullish momentum as the market awaits an important announcement from the U.S. Federal Reserve on Wednesday.

SUI came close to $5.

Given Bitcoin's renewed upside momentum, robust optimism and confidence in the flagship digital asset have risen significantly within the crypto community. As a result, small-scale or retail investors are demonstrating a strong interest in BTC, indicated by their continuous accumulation of the coin at a rapid rate.

The theory that the cryptocurrency market tends to ‘pump' on Sundays has been prevalent for a long time and has, relatively recently, received a ‘tail' stating that the issue with such a weekend rally is that it is followed by a ‘Monday dump.'

Whale activity on Ethereum has increased significantly since the end of November. According to on-chain data, ETH addresses with balances above $10,000 have surged significantly.

Bitcoin reached $105,004 amid expected Federal Reserve rate cuts and increasing institutional engagement, though analysts suggest the rate decision's impact may be limited as it's already priced into the market.

Ethereum whales have aggressively accumulated more coins in the past few weeks amid anticipated altseason in the near term.