A portrait of President-elect Donald Trump, created by arranging block data, has been put onto the Bitcoin blockchain by American miner MARA.

With shifting market dynamics, Bitcoin has moved into positive territory as prices sights key resistance levels. However, due to the volatile nature of crypto assets, the flagship asset's recent uptrend might experience a brief drawback before resuming its upward direction.

A benign December inflation report was all it took to ignite another strong rally on Wall Street, with major indices delivering their best weekly performance since the post-election surge in early November. Heading into the week, markets were gripped by concerns over inflation and interest rates, pricing in just one rate cut by year-end while the 30-year Treasury yield hovered around 5%.

Brian Armstrong has reportedly discussed potential policy issues related to cryptocurrencies with US President-elect Donald Trump.

Some 15 U.S. States, including Massachusetts, reportedly worked on Bitcoin reserves laws days before Trump's Capitol Rotunda inauguration.

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Coinbase CEO Brian Armstrong proposes a US Bitcoin reserve for strategic economic advantage amid growing policy discussions. The post Coinbase advocates for a US government strategic Bitcoin reserve appeared first on Crypto Briefing.

Bitcoin (BTC) regained the $105,000 price level after climbing 5.1% in the past 24 hours. As of press time, the flagship crypto was trading at $105,505, followed by a 10% increase registered by the memecoin sector.

State Bitcoin reserve momentum is still growing, while Coinbase backed the idea of a federal BTC stockpile for the first time publicly.

A widely followed crypto analyst says that Bitcoin (BTC) is on the brink of a move to the upside.

Shiba Inu (SHIB) displayed strong momentum on Friday despite struggling with months of limited movement.

One of the biggest looming questions is will the new administration facilitate the launch of spot ETfs which track the price of Solana.

CNBC's Tanaya Macheel joins 'Closing Bell' to discuss crypto and bitcoin hitting a new 2025 high ahead on the inauguration.

Bhutan's government executed two substantial transactions: the first involving 255.26 BTC. This activity coincides with Bitcoin's price resurgence, recently surpassing the $104,000 mark.

A fresh report from Wintermute, a global leader in algorithmic market-making and high-frequency trading (HFT), reveals a staggering 313% growth in the company's over-the-counter (OTC) trading volumes, outpacing the broader 142% uptick in crypto exchange activity. Alongside these figures, the firm shared a series of forward-looking insights for 2025.

Solana (SOL) has surged 15% over the past seven days, holding near the $200 mark. Its market cap has risen to $107 billion, overtaking BNB.

Cryptocurrency markets are surging on the last trading day before the presidential inauguration. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,607.81 +5.6% Ethereum (CRYPTO: ETH) $3,426.67 +2.8% Solana (CRYPTO: SOL) $216.86 +1.7% XRP (CRYPTO: XRP) $3.24 -4% Dogecoin (CRYPTO: DOGE) $0.4148 +7.6% Shiba Inu (CRYPTO: SHIB) $0.00002403 +7.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 6.4% and daily active addresses falling by 2.9%.

The crypto market came to life on Friday, the last trading day for Wall Street markets before the Trump presidency begins on Monday. Of course, crypto is traded 24/7, but volume and liquidity often fall over the weekend, so traders are building their final positions before the new administration takes over.

In a latest development, Coinbase, the United States' largest crypto exchange, is endorsing the creation of a US strategic Bitcoin reserve. Notably, the endorsement comes just before the second inauguration of Donald Trump and Armstrong's trip to the World Economic Forum.

Prominent crypto trader Unipcs has argued that Solana (CRYPTO: SOL) flipping Ethereum (CRYPTO: ETH) this cycle is a real possibility, citing metrics and momentum as reasons for his thesis. What Happened: Unipcs contends that Solana has outperformed Ethereum in transaction volume and on-chain activity, positioning itself as a leader in blockchain adoption.

At the start of the year, many market analysts and observers shared their price expectations for Bitcoin, with many targeting $150k this cycle. However, a price target of $150k doesn't do justice to Bitcoin, says one trader, arguing that the world's flagship crypto asset is coming into this cycle with increasing institutional adoption.

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, Cosmo Jiang of Pantera discusses crypto's rise ahead of President-elect Trump's inauguration.

Here's what to expect ahead of a likely volatile weekend for Bitcoin's price!

Decentralized finance on Bitcoin (BTCFi) is experiencing unprecedented growth, with a total value locked (TVL) that has surged from 307 million to 6.5 billion dollars in 2024. This spectacular growth occurs against a backdrop marked by the successful launch of Bitcoin ETFs and the historic crossing of the $100,000 threshold.

American publicly listed trading platform Coinbase Exchange has endorsed the plans by incoming US President Donald Trump to establish a strategic Bitcoin reserve in the country. As reported by Axios, the exchange's co-founder and CEO Brian Amstrong has highlighted the economic opportunities this will have on the nation.

The price of Bitcoin (BTC) is surging above $104,000 for the first time in one month and has booked a 4.2% gain in the past 24 hours with less than three days to go before Donald Trump's inauguration speech.

Republican Senator Peter Durant of Worcester County, Massachusetts, has introduced legislation aimed at establishing a “Bitcoin strategic reserve.” This initiative marks a significant step for cryptocurrency in a traditionally Democratic stronghold, as it makes Massachusetts the first “deep blue state” to consider such legislation.

2024 was a challenging year for crypto and blockchain venture capital, as former hot sectors like gaming, metaverse and NFTs failed to spur bigger funding opportunities.

Bitcoin (BTC) heeft het $100.000 niveau herpakt, aangedreven door de lekken over Trump's plannen voor een nationale Bitcoin-reserve. Dit nieuws heeft de crypto-markt nieuw bullish momentum gegeven, terwijl ook andere bekende crypto's grote prijsbewegingen vertonen.

Prediction market traders on Polymarket are cautiously optimistic about immediate crypto-related action from President-elect Donald Trump on Inauguration Day. What Happened: Specifically, according to Polymarket data, the question of whether Trump will mention cryptocurrency or Bitcoin (CRYPTO: BTC) in his inauguration speech on Monday is sitting at a 31% chance.

Lawmakers in Wyoming and Massachusetts have recently introduced bills to authorize state investments in Bitcoin (BTC), bringing the total number of US states with such proposals to eight.

American aerospace company SpaceX, led by Elon Musk, holds 8,285 Bitcoin valued at approximately $851 million, according to data from Arkham Intelligence. The firm has reportedly earned $700 million in profits from its Bitcoin investments since 2022.

Wyoming lawmakers have introduced House Bill 0201 (HB0201), a bill that would allow the state to invest public funds in Bitcoin. The proposal limits Bitcoin investments to 3% of qualifying state funds, including the general fund, permanent mineral trust fund, and permanent land fund.

Bloomberg Intelligence analyst James Seyffart has reflected on the remarkable success of spot Bitcoin (CRYPTO: BTC) ETFs and the potential problems in altcoin ETF approvals in 2025. What Happened: In a recent Blockworks Macro episode, Seyffart pointed out four Bitcoin ETFs now rank in the top 20 ETF launches of all time, with iShares' (NASDAQ:IBIT) leading the way.

Bitcoin has extended gains above $100k, hitting highs of $105k as the market flips green amid anticipation ahead of Donald Trump's inauguration. XRP remained bullish and Ethereum, Solana and BNB traded above key levels. Meanwhile, EOS price has surged amid positive developments; Flare is up 20% and an analyst is bullish on Celestia.

Wyoming lawmakers have introduced House Bill 0201, which aims to permit up to 3% of state funds to be invested in Bitcoin.

Solana (SOL) price jumped up as optimism grows, fueled by ETF speculation and increased altcoin performance.

Crypto investors have high hopes for the incoming administration, including potential digital asset-focused executive orders that could add fuel to the rally.

On Friday, bitcoin rose to an intraday peak of $105,246 per coin, as the collective valuation of the crypto economy expanded by 3.12%, reaching a substantial $3.63 trillion. Crypto Sector Value Grows Amid Growing Institutional Confidence and Trump Speculation Bitcoin (BTC) appreciated 5.7% against the U.S. dollar, marking its ascent to $105,246.

Shiba Inu (SHIB) has seen its outflows skyrocket by 883% within the past week. According to data from IntoTheBlock, the substantial increase in outflows occurred between January 15 and January 16, with large holder outflows rising from 647 billion SHIB to 1.11 trillion SHIB.

TL;DR Bitcoin experiences an 11.35% increase over the week and remains close to $105,000, showing great growth potential. A possible executive order from Trump could prioritize cryptocurrencies, building market confidence and giving an additional boost. The recovery occurs in a context of rising risk assets, particularly due to encouraging inflation data in the U.S.

The correlation of Bitcoin with the Nasdaq has reached its highest level in two years, exceeding 0.70 according to Bloomberg data. This synchronization occurs at a critical moment as markets hold their breath ahead of the release of the next American Consumer Price Index (CPI) report.

Michael Saylor's MicroStrategy is planning to make a big move in its Bitcoin purchase plan. The company intends to raise the number of its Class A common shares from 330 million to 10.3 billion.

Kalshi bettors put the odds of Trump creating a Bitcoin reserve in 2026 at roughly 70%.

Wyoming's move could set a precedent for other states, potentially increasing public fund diversification into digital assets nationwide. The post Bitcoin strategic reserve bill introduced in Wyoming appeared first on Crypto Briefing.

Phantom announced today that it received $150 million in Series C funding and intends to become the world's largest consumer finance platform.

As President Donald Trump's second term begins, the Bitcoin community looks to his bold promises on Bitcoin regulation, national strategy, and economic growth. What's in store—and how soon?

The publicly traded company formerly known as Marathon Digital mined a portrait of Donald Trump using a strategy of ordering transactions it invented.