Senator Cynthia Lummis predicts a game-changing year for Bitcoin and digital assets, driven by tech advancements and regulatory clarity.

Bloomberg ETF analysts Eric Balchunas and James Seyffart expect Litecoin and Hedera will also get spot ETFs, but aren't convinced there'll be much demand for them.

Ethereum price failed to settle above the $4,000 zone. ETH is correcting gains and might struggle to stay above the $3,820 support zone.

The world of technology is buzzing over Google's latest development in quantum computing with its new chip, Willow. Google revealed that Willow could solve computational problems at extraordinary speeds, far surpassing the abilities of even the world's fastest supercomputers.

Bitfinex analysts believe the increasing Bitcoin institutional adoption will create strong demand-side pressure, making Bitcoin price dips in 2025 short and temporary.

Key Points:

Bitcoin soars to $106,000 as institutional demand outpaces supply, with OTC desk balances dropping sharply. A tightening supply squeeze drives BTC's record-breaking rally.

Ethereum has made a significant move, surging past the $4,000 mark once again, and market analysts are buzzing with optimism. This latest breakout comes amid a period of strong whale accumulation, with a concentration of Ether (ETH) among large holders.

Bitcoin price started another increase above the $106,000 resistance zone. BTC traded to a new all-time high above $108,000 and is currently correcting gains.

Ripple's RLUSD stablecoin launch drives XRP demand amid SEC scrutiny. Will the Crenshaw vote further boost XRP's price?

Pantera Capital founder Dan Morehead backs the U.S. proposal for a strategic bitcoin reserve, urging a pivot from gold to “digital gold” to secure financial leadership.

Congressman Derek Merrin introduced the Ohio Bitcoin Reserve Act, allowing the state treasurer to invest in Bitcoin without mandatory requirements.

The size and popularity of the Bitcoin options market have made it one of the best tools for gauging market sentiment and predicting volatility. Previous CryptoSlate analysis found that options wielded an outsized influence over Bitcoin's price volatility and were responsible for most of the volatility we've seen this quarter.

Bitcoin in Japan can sometimes be taxed at more than its own value, leaving heirs and sellers of crypto worse off than they started.

House Bill 703, the Ohio Bitcoin Reserve Act, proposes creating a state Bitcoin fund and granting the treasurer authority to buy the crypto.

What's behind Bitcoin's historic rise to $108,000? From Trump's speech to ETFs and MicroStrategy's massive buys, could a major institutional supply squeeze be underway?

Bitcoin (BTC), the pioneer of cryptocurrencies, has been at the forefront of the digital currency revolution for over a decade. As 2024 unfolds, the cryptocurrency market is buzzing with predictions, especially concerning Bitcoin's price trajectory.

Galaxy Digital founder and CEO Mike Novogratz believes Bitcoin (BTC) could match and eventually surpass gold's market capitalization within five to eight years, following the crypto's record-breaking momentum.

Metaplanet Inc., has issued ¥4.5 billion ($30 million) in zero-interest bonds to accelerate its Bitcoin acquisition, strengthening its position as Asia's largest corporate Bitcoin holder and increasing investors with plans for future bond issuances and Bitcoin-based shareholder rewards. Metaplanet Inc., often referred to as the “Japanese MicroStrategy,” has announced the issuance of ¥4.

The Omni Network debuts its Core mainnet to address Ethereum's rollup fragmentation challenges, introducing a unified platform for cross-chain communication and enhanced DeFi development.

French Member of the European Parliament (MEP) Sarah Knafo delivered a high-profile address, urging the European Union (EU) to adopt a “Strategic Bitcoin Reserve” as part of a broader effort to promote financial autonomy and combat inflationary pressures.

The recent BTC rally is driven by spot demand and whale accumulation. New buyers easily absorb selling from older whales and miners, pushing the price despite a slightly slower derivative market.

The Bitcoin Policy Institute has proposed an executive order to establish a Strategic Bitcoin Reserve under the U.S. Treasury, aiming to position the U.S. as a leader in digital assets and enhance economic stability. The post Bitcoin Policy Institute Drafts Executive Order for Trump's Strategic Bitcoin Reserve appeared first on Cryptonews.

The strategic Bitcoin reserve draft document in question has been making the rounds on X (formerly Twitter) with widespread approval from crypto netizens. The draft was reportedly presented by @btcpolicyorg as an executive order focusing on making Bitcoin a strategic reserve asset within the Exchange Stabilization Fund (ESF).

BlackRock's spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT became the most successful ETF launch in over 10 years, following the $418.8 million in net flows registered on Dec. 16. Nate Geraci, CEO of The ETF Store, highlighted that IBIT had beaten approximately 2,850 ETFs.

Bitcoin (BTC-USD) is hovering around its all-time high reached earlier this week, currently above $106,000. Bitwise Asset Management CIO Matt Hougan expects bitcoin's run to continue straight from here and even reach $200,000 by this time next year.

Sarah Knafo, a French magistrate and a member of the European Parliament since June, has called on the European Union to copy President-elect Donald Trump's plan to create a strategic Bitcoin reserve while rejecting the proposed adoption of the digital euro — a central bank-backed digital currency currently being developed by the European Central bank.

Ethereum's belief phase and positive on chain metrics signals a potential breakout.

MicroStrategy holds over 439,000 Bitcoins worth $46 billion. Should the price of BTC plunge, CryptoQuant CEO Ki Young Ju believes the firm may not face bankruptcy, stating it will only happen “if an asteroid hits Earth.

Is China secretly stacking Bitcoin and gearing up to unban it? Let me break down why I think they're about to make a huge move—and sooner than you think.

Wormhole is working with Nuffle Labs on a solution to expand EigenLayer's restaking functionality beyond the Ethereum ecosystem.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently shown signs of potential price weakness after a strong price surge. As the price nears a critical resistance level, both whales and long-term holders appear to be pulling back, fueling speculation that a decline may be imminent.

Ethereum reclaims $4,000 amid improving market sentiment Long-term holder metrics indicate early bull market phase MVRV ratio suggests room for continued appreciation

US Bitcoin exchange-traded funds (ETFs) now have more assets under management (AUM) than Gold ETFs. Vetle Lunde, Head of Research at K33 Research, posted the milestone, noting the Bitcoin ETFs' rapid growth.

On Dec. 16, US spot and derivative Bitcoin ETFs collectively broke $129 billion in net assets, surpassing gold ETFs for the first time.

The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards from 6.25 BTC to 3.125 BTC, severely impacted miner earnings.

Ethereum ENS Labs has picked Consensys' Linea's technology to develop its upcoming Layer-2 network project

Bitcoin (BTC) has been experiencing a remarkable surge in price, and with this upward momentum, many investors are becoming increasingly optimistic about its potential. In the past five days, BTC has gained 6.44%, reinforcing the idea that the bullish trend is likely to continue.

Juan Leon, senior investment strategist at Bitwise Asset Management, believes Ethereum is primed for a significant resurgence in 2025. In a blog post published Dec. 17, Leon argues that Ethereum, despite being overshadowed in 2024, stands to gain tremendously from the $100 trillion market for real-world assets.

Bitcoin reaches a new milestone at $108,000, maintaining momentum above $100,000 as market sentiment remains extremely bullish, fueled by political support and increasing institutional integration.

Dennis Porter, founder of the Satoshi Action Fund, has unveiled a draft of an executive order crafted for President-elect Donald Trump to establish a Strategic Bitcoin (BTC) Reserve within the Exchange Stabilization Fund (ESF).

Christian Lindner, the former Finance Minister of Germany, questioned the country's leaders for not adopting Bitcoin's economic opportunities, especially as the U.S. moves forward with crypto innovation. The leader of the Free Democratic Party (FDP) Christian Lindner questioned the German government for failing to adopt Bitcoin's economic opportunities.

The chief executive of payments app Strike is leaning bullish toward Bitcoin (BTC) as the flagship crypto asset hovers above the $100,000 price tag.

A widely followed crypto analyst says Ethereum (ETH) looks primed to move higher after exhibiting price stability during the last two weeks.

Wyoming Senator Cynthia Lummis has been very supportive of the new administration's attitude toward digital assets, especially when it comes to Bitcoin reserve. In her tweet she said she thinks that 2025 will be a very important year for cryptocurrencies, referring to the appointment of David Sacks as the “Crypto Czar” of the administration.

Cryptocurrency markets are trading sideways on Tuesday, as markets await the Federal Reserve's interest rate cut decision. The Fed is expected to announce its third consecutive reduction with a 25-basis-point rate cut.

The price of the flagship cryptocurrency, Bitcoin, has surged by more than 17% over the past month to now stand around $106,000 after hitting a new all-time high above $108,200 earlier today. The cryptocurrency's price performance has drawn in a flurry of large-scale acquisitions.