In 2024, Tron recorded $2.12 billion in revenue, eclipsing Ethereum's $2 billion, and leaving Solana trailing significantly.
Following the Federal Open Market Committee (FOMC) meeting on December 18, global equity market indices have experienced a slight downturn. However, Bitcoin (BTC) has held steady, trading in the mid-$90,000 range at the time of writing.
As the year ends, a renowned analyst suggested that Bitcoin (BTC) could have a New Year rebound after the flagship crypto surged by 4.2% to retest a key level. Related Reading: Altcoins To Explode In Early 2025: Analyst Says “Grand Finale” Is Around The Corner Bitcoin Sees End-On-Year Slowdown Bitcoin has struggled to hold the mid-zone of its one-month price range as the crypto market experiences an end-of-year slowdown.
Michael Saylor's poll of 93,456 votes reveals surging confidence in bitcoin, with most participants predicting significant long-term returns.
Amid Bitcoin continuous correction in recent weeks, there has been a significant drop in BTC's trading volume on Binance, the world's largest crypto exchange raising concerns about the implications for the market. A CryptoQuant analyst has highlighted in a report that both spot and futures trading volumes for the BTC/USDT pair have witnessed a sharp decline.
Bitcoin (BTC) has had an eventful year, but what lies ahead for the world's largest cryptocurrency in the next few years? As we enter 2025, Bitcoin's price is expected to continue its upward trajectory, with some analysts predicting the price could reach as high as $170,000 in 2025.
The Swiss Bitcoiners must rack up 100,000 signatures from Switzerland's 8.92 million residents by June 30, 2026, to trigger a public referendum.
According to a recent report by Steno Research, Ethereum (ETH) is poised to outperform Bitcoin (BTC) in 2025. This outlook is attributed to historical trends and the anticipated impact of favorable cryptocurrency regulations following Republican presidential candidate Donald Trump's victory in the November election.
Bitcoin's price performance as 2024 comes to an end worries investors. At the 50 EMA, a level essential to sustaining bullish momentum, Bitcoin has lost its main support.
Fred Krueger highlights inflation's burden on the bottom 50% and calls Bitcoin the ultimate hedge.
The National Institute of Standards and Technology (NIST) said it will deprecate ECDSA after 2030.
Switzerland's Federal Chancellery has approved the formal submission of the “Bitcoin Initiative,” a proposed constitutional amendment that would require the Swiss National Bank to hold part of its reserves in Bitcoin (BTC). The measure now moves closer to a nationwide referendum and comes amid growing interest in sovereign adoption of the flagship asset.
Africa now accounts for 3% of the total global Bitcoin mining hashrate, with Ethiopia alone producing ~2.5% via renewables energy.
As Bitcoin continues to slowly decline in price, the asset appears to be moving closer to a key psychological level. With uncertainty surrounding the continuation of Bitcoin's current trend, speculation remains divided on whether the crypto asset is preparing for another upward breakout or entering a phase of correction.
The Swiss Federal Chancellery has formally registered the “Bitcoin initiative”.
Syria, a country picking up the pieces after the collapse of the Assad regime, is preparing for a radical financial overhaul: Bitcoin legalization. The Syrian Center for Economic Research has proposed an ambitious plan urging the transitional government to adopt Bitcoin and other digital assets to address inflation, stabilize its economy, and attract global investments.
Franklin Templeton believes Bitcoin (BTC) will solidify its position as a global financial asset in 2025, driven by increasing adoption among sovereign nations and institutional investors.
BlackRock's Bitcoin ETF redefines the market, hitting $50B AUM while Bitcoin tops $100K.
Switzerland has initiated discussions on establishing national Bitcoin reserves, following its longstanding practice of holding substantial gold reserves valued at $27 billion.
The Bitcoin price crash to $91,000 was unexpected, driven by diminishing market dominance and rising volatility. Despite this setback, an analyst predicts an even bleaker outlook for the leading cryptocurrency.
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A widely followed crypto analyst believes Bitcoin's (BTC) delay in entering the most explosive phase of the cycle comes with pluses and minuses. Pseudonymous analyst Dave the Wave tells 147,700 followers on the social media platform X that Bitcoin may remain in a technical bullish trend for a while longer before eventually going parabolic.
US-listed spot Bitcoin exchange-traded funds (ETFs) have surpassed more than 1.1 billion BTC in holdings, and they now collectively hold more Bitcoin than Satoshi Nakamoto.
Sellers continue to cap Bitcoin's rallies into the intra-day highs as BTC trades in a “void between liquidity.”
Solana price has erased some of the gains made on Christmas Eve as most cryptocurrencies rallied. This sell-off has led to an increase in whale activity, with some notable ones swapping the SOL token for Hyperliquid's HYPE.
Investor demand, already exceeding March 2023 levels by 4%, is fueling optimism for new milestones. Bitcoin's market capitalization came close to $3 trillion during the last surge, according to CoinGecko.
The network now holds approximately $5 billion worth of stablecoins, mostly made up of USDC.
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, Crypto World looks back at 2024's biggest headlines and what guests on the show had to say.
In 2022, the Terra blockchain and UST stablecoin imploded, leaving a trail of devastation that only worsened when FTX collapsed later that year. The crypto asset solana (SOL) took a hard hit, plunging to alarming lows. By January 2023, SOL was scraping the bottom of the barrel in terms of price.
A proposal to oblige the Swiss National Bank (SNB) to hold bitcoin was set in motion in an initiative published by the Swiss federal chancellery on Tuesday.
On-chain data shows the Realized Price of the Bitcoin short-term holders lies at $86,800 right now, making the level one to watch. Bitcoin Is Still At A Notable Gap From Short-Term Holder Cost Basis In a new post on X, the on-chain analytics firm Glassnode has discussed the trend in the profit-loss status of the Bitcoin short-term holders.
Nate Geraci, president of the ETF Store, expects Spot Solana ETFs to be approved in 2025.
Switzerland eyes Bitcoin for $1.03 trillion reserves. Discover how this move could reshape global finance and impact Bitcoin's price trajectory. The post Switzerland Eyes $27 Billion Bitcoin Reserve in Bold National Strategy appeared first on Cryptonews.
Switzerland eyes Bitcoin for $1.03 trillion reserves. Discover how this move could reshape global finance and impact Bitcoin's price trajectory. The post Switzerland Explores Bitcoin Reserve, Inspired by $27 Billion Gold Holdings appeared first on Cryptonews.
Francisco Chavarria, Yopaki's co-founder and CEO, believes that by educating Yopaki's users about Bitcoin and incorporating a favorite Mexican pastime into the app, he and his team are poised to make Mexico a nation of Bitcoin enthusiasts.
People all over the globe are ready to welcome 2025 with fireworks and big parties. It is high time for U.Today to recall the key cryptocurrency news stories that have defined the year 2024.
Bitcoin's price has been struggling to maintain upward momentum, and as the year draws to a close, market sentiment remains cautious, signaling that bearish targets below $90,000 could become a reality. With the annual trading cycle on the brink of completion, the cryptocurrency's rally has slowed considerably, and analysts are predicting that this trend could continue into the start of 2025.
The founder of investment firm SkyBridge Capital is predicting Bitcoin (BTC) will more than double in price over the next year. In a new interview on the Bankless podcast, hedge fund veteran Anthony Scaramucci says that Bitcoin demand will likely continue to increase, creating a supply crunch that sends the flagship crypto asset soaring.
Bitcoin could aim for $120,000 as early as January 2025 thanks to record reserves of $45 billion on Binance. Discover the details!
Bitcoin owned 2024. It crushed every other investment class, climbed to insane heights, and proved once again why it's king.
Cryptocurrency markets are trading relatively flat on New Year's Eve, with Bitcoin exchange netflows significantly lower. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $93,826 -0.5% Ethereum (CRYPTO: ETH) $3,354 -1.0% Solana (CRYPTO: SOL) $195.05 +0.8% XRP (CRYPTO: XRP) $2.09 +0.4% Dogecoin (CRYPTO: DOGE) $0.3184 +0.2% Shiba Inu (CRYPTO: SHIB) $0.00002124 -1.1% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 48.2% and daily active addresses falling by 0.07%.
Reports reveal that the Swiss Federal Chancellery has officially added the “Bitcoin Initiative” to its registry, aiming to integrate bitcoin into the Swiss National Bank's reserves via a constitutional amendment. Swiss Chancellery Registers ‘Bitcoin Initiative' On Tuesday, Dec. 31, 2024, the Swiss Federal Chancellery confirmed its registration of the “Bitcoin Initiative.
Solana (SOL) is showing resilience as it holds firmly above critical demand levels, signaling the potential for an upcoming rally. Despite broader market indecision, with Bitcoin (BTC) struggling to regain upward momentum, Solana's price action suggests strength in the face of uncertainty.
Bitcoin topped $100,000 this year. Will 2025 bring cryptocurrency fans similar good fortune?
Swiss citizens are advancing a new initiative to integrate Bitcoin into the financial reserves of the Swiss National Bank (SNB). This proposal has entered the official signature collection phase, aiming to secure 100,000 signatures within 18 months.
Bitcoin more than doubled in 2024 driven by the U.S. markets regulator's approval for exchange-traded funds tied to its spot price, and optimism over easing regulatory hurdles with Donald Trump set to return to the White House.
In 2025, Bitcoin is expected to strengthen as a store of value owing to favorable regulatory changes and increased institutional interest.