Recent chatter in the crypto world has revolved around a bold claim that the United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion. Perhaps prominent crypto commentator Bitcoin Archive raises questions over this news citing the lack of evidence supporting this bold news.

On Sunday, Dec. 22, 2024, bitcoin's price dropped under the $96,000 mark, hitting a low of $95,135 per unit. This dip comes after bitcoin soared past the $100,000 milestone earlier this month, marking an impressive run for the cryptocurrency.

Quantum computing is not an immediate threat to Bitcoin, with current technology far from breaking its security. Bitcoin is preparing for the future by enabling upgrades like Taproot for easy integration of quantum-resistant tech.

U.S. Senator Cynthia Lummis recently reinforced the intention of extending faculties to the Federal Reserve to purchase and own bitcoin as part of its reserve assets. Lummis stated that the U.S. debt can be repaid through a bitcoin strategic bitcoin reserve, as proposed in her BITCOIN Act.

A major player in the cryptocurrency market found itself on an unusual side of history after experiencing its largest outflows in months. Related Reading: Fed Can't Hold Bitcoin, No Plans Yet To Change Law, Powell Says The leading asset manager BlackRock ended the inflow streak of its Bitcoin exchange-traded fund after recording a $72.

The cryptocurrency market faced a significant setback this week as Bitcoin ETFs recorded unprecedented outflows. The trend has raised concerns about investor confidence, with major players like BlackRock and Fidelity witnessing their largest withdrawals since inception.

Bulls could not hold the gained initiative until the end of the week, according to CoinMarketCap.

The United Arab Emirates (UAE) now holds $40 billion in Bitcoin, according to a report shared by Binance founder Changpeng “CZ” Zhao. The Gulf nation has spent years building the foundation for this moment.

Bitcoin could see another week of correction before it manages to recover above $100,000, based on historical chart patterns.

The NUPL indicates that Bitcoin is in its final run stages with a target between $130k and $160k.

The calm of Sunday morning was shattered today by a sudden massive Bitcoin (BTC) shift. According to a report by Whales Alert, 8,427 BTC, equivalent to $818.69 million, were shifted between two unknown wallets.

Retail Bitcoin traders brace for sub-$90K levels as whales quietly accumulate. Discover how market sentiment is shaping BTC's next major move. The post Bitcoin Pessimism Among Retail Traders Points to Possible Market Bottom appeared first on Cryptonews.

Donald Trump has been pitched a "capital markets renaissance fueled" by bitcoin to "unlock trillions in wealth"

Nate Geraci, a well-known expert in the field of Bitcoin ETFs, recently expressed his optimism about the launch of an unusual fund proposed by Nexo, a major player in fintech. This fund, named Nexo 7RCC, combines investments in spot bitcoin and futures contracts on carbon credits, a first in the ETF sector.

Bitcoin's (BTC) price movement correlation with the global money supply (M2) is signaling a possible massive correction for the asset as it seeks to breach the six-figure valuation mark.

Bitcoin has experienced a notable price correction, dropping by 15% from its recent all-time high of $108,300. This sharp decline signals a rapid shift in market sentiment, transitioning from an extremely bullish outlook to one characterized by uncertainty and caution.

The US Federal Reserve's public consideration of reduced interest rate cuts in 2025 resulted in numerous negative effects on financial markets. Aside from a 17% price loss for Bitcoin, data from Binance exchange shows the BTC market has now developed its largest spot-perpetual price gap.

Analyst warns of jumping on altcoin discounts as bearish signals persists.

Investment manager VanEck has projected that the Bitcoin Reserve, as proposed under Senator Cynthia Lummis's BITCOIN Act, could hold up to 35% of the US national debt by 2050. This will offset about $42 trillion of the country's liabilities, it claimed.

The United States election was one of the most defining events in the crypto space in 2024. Specifically, the reelection of Donald Trump revived Bitcoin and the entire crypto market after an uninspiring second and third quarter.

With many altcoins posting double-digit gains, it looks like they're ready to take center stage while BTC catches its breath. But staying vigilant is key.

Yesterday's recovery was short-lived.

Venture capitalist Dan Tapiero believes Bitcoin (BTC) could surge to $200,000 in 2025, driven by changes in U.S. fiscal policy and market dynamics. Tapiero, who founded the crypto venture capital firm 10T Holdings, made the bold prediction in a recent thread on social media platform X, where he shared his insights with his 123,500 followers.

An analyst who continues to build a following with macro crypto calls believes Bitcoin (BTC) is almost ready to enter the parabolic stage of its market cycle. Pseudonymous analyst TechDev tells his 490,300 followers on the social media platform X that Bitcoin is flashing technical signals that preceded steep rallies in the past.

Bitcoin finds itself at a pivotal juncture as the market navigates uncertainty and growing doubt in the days ahead. After reaching an all-time high (ATH), the price tumbled sharply to the $92,000 level, triggering a sentiment shift from extreme bullishness to cautious optimism.

For 2024, it can be stated that the bull expectations have not been disappointed, with Bitcoin (BTC) confirming its Dominance.

Bitcoin investors are buzzing after Peter Brandts bullish outlook sparked confidence in the market. Rising institutional ETF inflows and a pro-crypto US regulatory environment add to the growing enthusiasm.

Bitcoin has had a whirlwind few days, hitting an all-time high (ATH) last Tuesday before tumbling into a sharp 15% correction. This period of heightened volatility has left investors divided, with some expecting a continued uptrend while others brace for more downside.

Bitcoin's apparent demand growth is rising by the highest monthly rate this year, while sell-side liquidity has fallen to levels not seen since 2020.

As of December 21, 2024, the Bitcoin price is trading at around $98,600, reflecting a 3.4% increase from its previous close. This rise is part of a broader trend marked by substantial price fluctuations in the past seven days, which saw Bitcoin breaking below close support levels.

For four days straight, bitcoin's historic high of $108,000 has been in the rearview mirror, with the digital asset now dipping over 10% from its peak. Yet, while the price has cooled, long-dormant bitcoins are springing to life, making their way to new wallets.

Bitcoin price has noted a strong recovery this weekend after a sharp decline recently falling below the $91K mark. Amid this, veteran trader Peter Brandt has reiterated his bullish outlook on the flagship crypto, indicating that the crypto could continue its rally ahead.

Key Points:

Bitcoin struggles below $98K as ETF outflows grow. Progress on a US BTC reserve may determine whether BTC rallies past $120K or slips below $90K.

As the CEO of a pioneering crypto-focused mini-app within Telegram, I am deeply engaged in the cryptocurrency ecosystem, consistently monitoring market trends and technological innovations. In my professional opinion, supported by the consensus among researchers and industry experts, Solana (SOL) demonstrates significant potential for exceptional growth in the coming years.

Bitcoin, the titan of the cryptocurrency world with a market cap hovering around $1.9 trillion, has experienced a significant downturn, dipping below the psychological threshold of $100,000. This flash dump, occurring over just three days, has left many investors and analysts questioning whether this marks the end of the current bull market or signals a healthy correction within an ongoing bullish trend.

Robert Kiyosaki, the renowned businessman and author of Rich Dad Poor Dad, has issued a stark warning about the looming possibility of a global financial crisis. In a recent post on social media platform X, Kiyosaki urged individuals to safeguard their wealth by investing in gold, silver, and Bitcoin.

Crypto prices today are showing bearish momentum as Bitcoin (BTC) dropped below the $97K level, marking a sharp decline from its $108K all-time high earlier this week. The BTC price hit a low of $92K, reflecting significant volatility.

Michael Saylor, the chairman of MicroStrategy, has recently proposed a game-changing idea: if the United States were to adopt Bitcoin as a strategic reserve, it could potentially unlock up to $81 trillion for the economy. This ambitious vision has caught the attention of both supporters and critics, fueling a debate about Bitcoin's potential as a global economic asset.

Bitcoin has faced a rollercoaster of price action over the past few days, hitting an all-time high last Tuesday before succumbing to a sharp 15% correction. The recent volatility has sparked a mix of uncertainty and opportunity among market participants.

The cryptocurrency market recently experienced a massive sell-off, leading to a dramatic drop in market capitalization by over $600 billion. Bitcoin, the leading cryptocurrency, was not immune to the downturn, dipping from a peak around $108,000 to a low of $92,000.

Peter Schiff stated that the US could save a lot of money by creating a ‘USA Coin'. The coin should run with an upgraded blockchain to make it actually viable for use in payments.

Is it too late for bitcoin? Robert Kiyosaki signals urgency, pointing to bitcoin, gold, and silver as the best defense against a looming financial collapse.

El Salvador's Bitcoin journey is far from over, despite ongoing objections from the International Monetary Fund (IMF). The Central American nation, which made history by adopting Bitcoin as legal tender in 2021 alongside the U.S. dollar, remains steadfast in its commitment to cryptocurrency.

Peter Schiff introduces a controversial USA Coin proposal as a counter to the Bitcoin Reserve, fueling debate over how best to address the growing US debt. With a 21-million supply cap and blockchain innovations, his idea offers a bold alternative to cryptocurrency-backed reserves.

Peter Schiff, a harsh critic of Bitcoin, has proposed a government-backed digital currency, “USA Coin.” This shift suggests he's reconsidering his stance on cryptocurrency, favoring centralized control.

The Bitcoin price is approaching the $100,000 level again after experiencing significant declines these past weeks. A crypto analyst has pointed out that the critical resistance level at $99,800 is crucial for Bitcoin's next move.