Bitcoin price extended losses and traded below the $100,000 zone. BTC is struggling and might continue to move down toward the $92,000 support zone.
The Human Rights Foundation (HRF) has, in a recent press release, announced that it will be granting a grant total of 7 BTC to 20 different projects around the world. The funding is part of the orgainzation's most recent round of Bitcoin Development Fund grants.
Craig Wright received a one-year suspended prison sentence for breaching a court order after filing a $1.2 trillion lawsuit against Block.
Jerome Powell, chair of the US Federal Reserve, recently dismissed speculations that the Fed may add Bitcoin to its reserves. At the end of the its two-day meeting, Powell stated that the Fed isn't allowed to own Bitcoin and doesn't desire to get involved in any government initiative to create a stockpile of digital assets.
Bitcoin's recent climb to an all-time high of $108,000 has captivated investors, driven by a combination of dwindling exchange reserves and growing demand. With institutional investors increasingly opting to hold their Bitcoin off exchanges, supply constraints are tightening, setting the stage for potentially even greater price milestones.
The SEC has approved combined Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton. This move expands combined institutional access to the two largest cryptocurrencies via spot-based investment vehicles.
Bitcoin's path to $200,000 in 2025 is fueled by ETFs, institutional demand, and macroeconomic shifts, with analysts warning of volatility amid transformative growth.
Bitcoin has experienced significant price movements in the past few days, largely influenced by macroeconomic developments and market fundamentals. Following the Federal Open Market Committee (FOMC) meeting and a speech by Federal Reserve Chair Jerome Powell, Bitcoin's price dropped sharply below $99,000.
El Salvador has successfully secured a $1.4 billion loan from the International Monetary Fund (IMF), finalizing a deal that had been under negotiation for four years. This loan agreement is part of a 40-month program designed to stabilize the country's economy and improve its fiscal health.
Bitcoin has always stood out in the financial world due to its hard-capped supply of 21 million coins. This finite limit is seen as the cornerstone of its value, offering a sharp contrast to traditional currencies that can be printed at will.
Bitcoin's recent price correction has sparked debates among analysts and investors about its potential trajectory. After briefly retesting $99,000, Bitcoin's price momentum has slowed, raising questions about whether this signals the start of a larger sell-off or a temporary pause in its uptrend.
El Salvador has sealed a $1.4 billion loan deal with the IMF, but it came at a cost. The country is now scaling back its Bitcoin-friendly policies, marking a major shift in its crypto strategy.
Despite new IMF loan restrictions, El Salvador reaffirms its commitment to Bitcoin, announcing plans to accelerate acquisitions while maintaining educational and development initiatives.
Bitcoin has observed a plunge during the past day. Here's the nearest on-chain level that the asset would end up retesting if the drawdown elongates.
SEC approves Hashdex and Franklin Templeton dual Bitcoin ETF, expanding institutional access amid market volatility. The post SEC approves Hashdex and Franklin Templeton dual Bitcoin-Ethereum ETFs appeared first on Crypto Briefing.
The world's largest asset manager BlackRock released a video promoting Bitcoin. But hodlers aren't happy about a disclaimer that questions the cryptocurrency's fixed supply.
MARA Holdings has strengthened its position as a Bitcoin holder by acquiring 15,574 Bitcoin at an average price of $98,529 per coin.
Bitcoin's surge past the $100,000 mark has brought excitement and scrutiny to the cryptocurrency market. Recent on-chain data highlights a divide among investors: some are cashing out, while others are holding firm, anticipating even greater gains.
A man who claims to be the creator of Bitcoin (BTC) has been declared in contempt of court in the UK. Australian computer scientist Craig Wright has been handed a one-year sentence, suspended for two years, for filing a $1.2 trillion lawsuit against the payments firm Block.
Lombard Finance aims to produce a yield-bearing bitcoin token, and potentially unleash a new wave of liquidity into the DeFi ecosystem.
The International Monetary Fund (IMF) said Wednesday (Dec. 18) that El Salvador will alter its bitcoin project as part of a staff-level agreement on a $1.4 billion Extended Fund Facility (EFF). “The potential risks of the Bitcoin project will be diminished significantly in line with Fund policies,” the organization said in a Wednesday press release.
El Salvador plans to continue and potentially accelerate its purchases of Bitcoin (BTC) despite its recent deal with the International Monetary Fund (IMF), according to Stacy Herbert, the director of the country's Bitcoin Office.
The Bitcoin Reserve Act could break the Halving cycle. Is this four year cycle going to play out differently, will we enter the mythical Supercycle?
Bitcoin investors are up on average more than the average American yearly salary.
The S&P 500 is frequently viewed as a barometer for the overall health of the US stock market by analysts, journalists, and investors. With the recent market momentum, crypto indexes will soon be held in the same regard.
Cryptocurrency markets are trading lower on Thursday, with Bitcoin falling below the $100,000 mark following Wednesday's Fed meeting. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,083.43 -5.7% Ethereum (CRYPTO: ETH) $3,377.75 -9.3% Solana (CRYPTO: SOL) $192.61 -8.3% XRP (CRYPTO: XRP) $2.21 -6.5% Dogecoin (CRYPTO: DOGE) $0.312 -14.1% Shiba Inu (CRYPTO: SHIB) $0.00002161 -12% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.4%; daily active addresses remained relatively flat.
The crypto momentum we've seen all fall and early winter hit a big snag over the past 24 hours after the Federal Reserve cut interest rates. That may sound like a good thing on the surface, but as part of the cuts the Fed also said it expects inflation and unemployment to rise more than expected in 2025.
After an extended selloff streak, the crypto market witnessed one of the most intense liquidations of the past month, with Bitcoin (BTC) leading the losses. According to data from CoinGlass, at least 377 traders have suffered the bloodbath in the market.
While Federal Reserve Chair Jerome Powell was adamant that the central bank could not own bitcoin (BTC-USD), Senator Cynthia Lummis (R-WY) believes 2025 is shaping up to be "the year for bitcoin & digital assets" in a social media post from earlier this week. Senator Lummis — who has championed the bipartisan Lummis-Gillibrand Responsible Financial Innovation Act (RFIA) alongside Democratic Senator Kirsten Gillibrand (D-NY) — has been a vocal supporter of President-elect Donald Trump's choice of David Sacks as the incoming administration's "AI and crypto czar" and what it represents for the crypto space.
A widely followed crypto analyst is issuing a warning on Bitcoin (BTC), saying that it could dip further if bulls lose momentum.
El Salvador will keep buying Bitcoin despite a deal with the IMF to scale back some BTC policies, its National Bitcoin Office said.
Speaking in an interview with Yahoo Finance, Senator Cynthia Lummis outlined a plan to authorize the Federal Reserve to purchase and hold Bitcoin, integrating it as a key asset in the country's financial strategy.
Craig Wright, the computer scientist who claims to be Satoshi Nakamoto, the elusive creator of Bitcoin, was sentenced on Thursday to one year in prison by a UK judge for contempt of court.
U.S. Federal Reserve Chairman Jerome Powell clarified Wednesday that the Fed is not allowed to own Bitcoin (BTC), aligning with the Federal Reserve Act. Powell indicated no intention to pursue changes to this legislation amid a promise by President-elect Donald Trump to establish a national strategic Bitcoin reserve.
Bitcoin (BTC) took a nosedive on Thursday, hitting an intraday low of $95,578 per coin, slipping more than 7% against the U.S. dollar in just one day. The whole crypto scene has shed over 11% in value, dragged down by BTC's massive plummet.
The State of Ohio has introduced a second Bitcoin reserve bill as crypto legislation gains momentum across the U.S. ahead of Donald Trump's inauguration.
Bitcoin (BTC) reached a new all-time high on December 17 but still remains 5% below the $110,000 mark. Indicators such as ADX and NUPL suggest a slowdown in upward momentum, pointing to a potential shift in market sentiment.
Foundation's new device is an all-in-one tool for digital security.
Bitcoin (BTC) lost the $100,000 threshold after registering a 6.4% drawdown in the past 24 hours, priced at $97,000 as of press time. Bitcoin fell to a low of $96,233 before attempting a recovery.
Germany's Free Democratic Party (FDP) is intensifying its focus on Bitcoin and crypto policy during the run-up to the country's parliamentary elections, scheduled for February. The party's newly released election manifesto, published on December 18, signals a notable pivot towards integrating digital assets such as Bitcoin into the existing financial framework.
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, SEC Commissioner Hester Peirce discusses the agency's role in crypto under the incoming leadership, as well as where some of the enforcement actions against crypto firms may stand.
Bitcoin, the flagship cryptocurrency, has experienced a turbulent 24 hours, fluctuating around the $100,000 mark as the Federal Reserve's cautious outlook on interest rate cuts dampened enthusiasm for speculative investments. This volatility underscores the complex interplay between monetary policy, market sentiment, and Bitcoin's own inherent fluctuations, creating an environment of both opportunity and risk.
Bitcoin (CRYPTO: BTC) prices continued their downward trajectory on Thursday, falling 6.5% over the past 24 hours as markets digest the Federal Reserve meeting the day prior. What Happened: CoinDesk senior analyst James Van Straten highlighted that Wedneday's sell pressure totaled $2.7 billion (26,000 BTC)—the sixth-highest daily outflow this year.
A good leader's first priority is to the well being of his people, not the whims of public gossip and banter.
Fed Chair Jerome Powell's hawkish comments Wednesday on rate cuts have rattled investors across asset classes.
This week, as bitcoin soared to a record-breaking $108,364, Didi Taihuttu, the Dutch man who famously sold his house and nearly all his belongings for bitcoin (BTC) in 2017, shared a post on social media to reflect on the decision.
A widely used Bitcoin technical analysis indicator suggests that BTC is on the verge of a “walk up” toward new all-time highs.