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 (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.
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.
MicroStrategy (Nasdaq: MSTR), a business intelligence company founded in 1985, made a bold move in August 2020 by adopting Bitcoin as its primary treasury reserve asset. This decision marked a significant shift for the company, transforming it into a quasi-Bitcoin investment vehicle.
The close ties between MSTR and BTC add an element of risk, as any changes in MSTR's stock could trigger price swings in Bitcoin.
Chinese cryptocurrency journalist and blogger Colin Wu spreads the word about the positive Bitcoin-related changes that are taking place in Thailand now.
Publicly traded Bitcoin (BTC) mining firm Riot Platforms just added a massive amount of the flagship crypto to its corporate treasury. In a new announcement, Riot says it used company-issued bonds to generate revenue to purchase 5,117 BTC at an average price of $99,669 per token.
VanEck's head of digital asset research, Matthew Sigel, has outlined a detailed forecast for the cryptocurrency market through 2025. Sigel predicted Friday that Bitcoin (BTC) will reach $180,000 in the first quarter before experiencing a correction.
Even with Bitcoin up on the week, Dogecoin is the biggest loser in the top 10 cryptocurrencies—and other meme coins are down bad too.
VanEck predicts strong crypto growth in 2025, with Bitcoin reaching $180,000 and Ethereum surpassing $6,000. The firm expects market dips mid-year but forecasts a recovery by late 2025.
When NFL star Odell Beckham Jr. decided to make a bold statement about his financial future in 2021, he didn't just catch passes — he caught Bitcoin fever. Partnering with Square CashApp, OBJ proudly announced he'd take his entire $4.
Google's unveiling of Willow, its latest quantum computing chip, has reignited chatter about Bitcoin's cryptography and whether it might be vulnerable. On Dec. 12, a lively X Spaces broadcast had BTC enthusiasts debating the reality of the threat.
An ancient Bitcoin investor is going to spend the next two years in prison after underreporting his BTC gains, according to the U.S. Department of Justice (DOJ). In a new press release, the DOJ says that Frank Richard Ahlgren III of Austin, Texas failed to accurately report the capital gains he earned after selling $3.
The Texas Strategic Bitcoin Reserve Act outlines the creation of a state-run fund to acquire and hold Bitcoin, leveraging Texas's dominance in Bitcoin mining to enhance its financial portfolio. According to Capriglione, this initiative will bolster the state's financial position by tapping into the growing global interest in digital assets.
Perianne Boring, a crypto lobbyist who is CEO of The Digital Chamber, says that Bitcoin‘s (CRYPTO: BTC) value could potentially skyrocket to $800,000 next year. What Happened: Boring made this prediction this week during an interview with Fox Business.
The Strategic Bitcoin Reserve Act seeks to combat inflation and hedge against economic volatility through Bitcoin investments.
The U.S. may acquire 1 million Bitcoin, marking 5% of its total supply, to hold for 20 years. Countries like El Salvador and Bhutan are already integrating Bitcoin into their economic strategies.
Bitcoin mining company Riot Platforms has increased its BTC holdings with the addition of over 5,000 coins in the past few days. This significant purchase came on the back of reports that the miner was under pressure from activist investor Starboard Value.
Thaksin Shinawatra, the former prime minister of Thailand, claims that his friends believe Bitcoin could reach $850,000 in value. He urged Thai people to stay informed about the cryptocurrency's potential and its increasing relevance to the global economy.
Bitcoin (BTC) has entered a short-term consolidation phase above the $100,000 mark. However, technical indicators and historical price movement suggest that the maiden digital asset still has the potential to add $50,000 to its value in the current cycle.
In the past hour, bitcoin has settled into a cozy spot, bobbing gently between $101,536 and $101,747. Over the last day, it's danced from $99,939 to a peak of $102,658, with a whopping $74.15 billion in trades shuffling around and a market cap hitting the stellar $2 trillion mark.
John Carvalho, the CEO of Bitcoin tools developer Synonym, has proposed the redenomination of Bitcoin as the smallest unit of the digital currency. In the Bitcoin Improvement Proposal (BIP) published on X, he seeks to define 1 Satoshi as 1 Bitcoin, eliminating the need for decimal points.
Bitcoin's adoption began after the U.S. intelligence agencies took a significant interest in the cryptocurrency's potential. In an interview with Tucker Carlson, Ver explained how the government's actions allegedly influenced the early stages of Bitcoin's development.
Ethereum has melted up the price charts on popular crypto exchanges, but not like Bitcoin has so far this 4-year market cycle. Will it be Ether's turn next in December and January?
Japan is the latest country facing calls to explore the feasibility of establishing a Strategic Bitcoin Reserve (SBR).
On Friday, the 12 spot bitcoin exchange-traded funds (ETFs) hit another high note, pulling in $428.98 million during the day's trading session. Meanwhile, nine spot ether ETFs added $23.61 million to their tally.
Bitcoin trades at $101K, marking a modest gain of 1.72% in the last 24 hours. BTC may reach its peak by October 2025 if past cycles repeat.
Riot Platforms has made a big move, adding 5,117 bitcoins to its holdings in a deal worth over $510 million!
The crypto market continues to captivate investors and institutions, but a new analysis reignites debates. According to VanEck, a major player in asset management, the year 2025 could be marked by unprecedented movements.
Bitcoin's buying pressure has been comparatively low, but it might not stop it from going forward!
NFTs are the most sensational digital assets in this digital era. They are created with the support of blockchain networks. These networks provide the underlying infrastructure and security for NFTs. Currently, Ethereum, Solana and Polygon are the dominant forces in the NFT marketplace.
Bitcoin, the first and largest cryptocurrency by market capitalization, rose to a high of $102,650 in Saturday's trading session as the crypto market closed off the week.
Bitcoin is primed to benefit from the volatility that could engulf traditional markets with the imminent threat of a trade war on the horizon. With Donald Trump already elected, his biggest dilemma will be the issue surrounding the US dollar.