As nations worldwide reevaluate cryptocurrency regulations, the Czech Republic emerges as a progressive force with new tax policies and institutional interest in Bitcoin, while its central bank governor weighs digital assets against traditional reserves.
Arthur Hayes, co-founder of Bitmex, has made waves with his prediction that Bitcoin (BTC) could reach a peak of $101,847 by mid-2025 before experiencing a significant market correction. His forecast is based on the liquidity environment expected to prevail in early 2025, along with the potential influence of political changes, such as Donald Trump's return to the White House.
Nexo's latest Dispatch report discussed Bitcoin crossing $100,000, Ethereum gaining traction, and Solana facing potential headwinds as 2025 begins with surging market activity. Bitcoin broke through the $100,000 mark this week, a milestone highlighted in Nexo's latest “Dispatch” report.
Bitcoin price sold-off today, but heavy demand below $98,000 is prepping the market for the next leg higher.
Governor Aleš Michl of the Czech National Bank considers Bitcoin as a potential reserve asset to diversify the bank's portfolio. While Bitcoin's volatility raises questions, the bank focuses on increasing gold holdings, signaling cautious steps toward integrating cryptocurrency into financial strategies. The post Czech Republic Central Bank Explores Bitcoin as Reserve Asset appeared first on Cryptonews.
Bitwise CEO and co-founder Hunter Horsley believes many more publicly traded companies will add Bitcoin (BTC) to their balance sheets in 2025. The head of the crypto asset manager Bitwise says on the social media platform X that investors may see a lot more companies adopting Bitcoin as a corporate strategy this year.
Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.
Dennis Porter, co-founder and chairman of the 501(c)(4) non-profit Satoshi Action Fund, has revealed a significant development in US state-level Bitcoin initiatives. On December 7, via X, he declared, “A 14th state is now poised to introduce ‘Strategic Bitcoin Reserve' legislation.
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, has once again made headlines with his bullish forecast for Bitcoin. The finance guru, known for his advocacy of alternative assets like gold, silver, and Bitcoin, believes that Bitcoin could soar to between $175,000 and $350,000 by 2025.
Bitcoin Layer 2 foundations are building on Bitcoin. So, why aren't they storing their treasuries in it?
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin drops 5% from $102K high as hot US job data and Federal Reserve projections weigh on markets, with $400M liquidated. The post Bitcoin retreats from $102K high amid hot job data and Federal Reserve projections appeared first on Crypto Briefing.
Bitcoin and Ethereum ETFs started 2025 in the red, but now have collectively attracted $1.75 billion over the last two trading days.
GoMining, a blockchain-based platform that allows users to participate in the Bitcoin mining ecosystem via tokenized hashrate ownership, has announced its expansion to Solana.
Bitcoin experiences significant pullback from $102K, falling below $98K following robust US labor market data, though bullish sentiment persists with Fear and Greed Index at 66.
In 2024, the combined market capitalization of public Bitcoin mining companies reached $50 billion for the first time.
Bitcoin has crashed below $100,000. As of press time, it's trading at $97,063, down 4.8% in twenty-four hours.
Matt Hougan, the Chief Investment Officer (CIO) of American asset management firm Bitwise, has reacted to the news of the Czech Republic's strategic Bitcoin reserve plans. Having predicted earlier that nation states adoption of Bitcoin will soar this year, Hougan noted that “the dominos start to fall.
U.S. Spot Bitcoin ETFs saw nearly $1 billion in inflows over Friday and Monday. Speculation about the U.S. Bitcoin Strategic Reserve is contributing to bullish sentiment.
In a latest development, Publicly traded company Thumzup Media Corp has announced that it has added $1 million in Bitcoin to its balance sheet. On January 6, 2025, Thumzup Media Corporation purchased 9.783 Bitcoins for $1,000,020, at an average price of $102,220 per Bitcoin, inclusive of fees and expenses.
The non-custodial payment gateway reported increased merchant interest across multiple sectors following Bitcoin's December price surge.
SUI has been going through a remarkable surge recently and has just touched a new all-time high at $5.36. Traders and investors are all attracted to this sudden breakthrough from the resistance level of $4.80.
Bitcoin‘s sharp drop following its surge to a new all-time high led to significant challenges for investors and traders, especially BTC's short-term holders. However, with BTC regaining its upside momentum, the market might become favorable for institutional and retail investors in the upcoming days.
BTC's latest price drop might be setting the stage for a major bearish reversal pattern.
In a surprising turn of events, the cryptocurrency market has experienced a sharp decline, with Bitcoin (BTC) and Ethereum (ETH) both seeing significant losses. This downturn coincided with the release of the US Job Openings and Labor Turnover Survey (JOLTS) data, which indicated a surge in job openings, signaling a robust labor market.
As the cryptocurrency community anticipates the next move by the incoming Donald Trump administration regarding the potential to roll out of a Bitcoin (BTC) reserve, an economist has cautioned that such a move could negatively affect the economy.
Analysts have shared predictions since November 2024, with some suggesting that Bitcoin would surpass $150k in 2025 and others expecting a market price above $200,000. The predictions came after Bitcoin crossed several new all-time highs in the last quarter of the past year.
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A weakening Bitcoin-equity correlation offers hope for crypto investors as new data hints at a new peak this year.
SUNation plans to integrate Bitcoin into its treasury, aiming for diversification and sustainability.
SUI price surged to a new high of $5.35, fueled by bullish momentum, before facing a market correction. The token has since retraced below $5, marking an 8.58% decline from its all-time high.
After weeks of quiet, Bitcoin has once again smashed the $100,000 mark. With $1.
Bitcoin lost its bullish track as its price dropped to $97K level. Bitcoin dropped to a low of $97,207, with the 4% decline pulling the global crypto market cap down 4.5% to $3.44 trillion.
Bitcoin price is down by more than four percent in the last 24 hours and is trading below the $98k mark at the time of writing. Analyst Crypto Capo recently said that the market might see a 5 to 15 percent drop soon and said that that could be a great ‘buy the dip' opportunity.
Aleš Michl, governor of the Czech National Bank, mentioned adding Bitcoin to the bank's reserves but stressed that the idea remained in its infancy.
Peter Brandt, a 77-year-old trading veteran who back in January of 2017 predicted bitcoin's 84% decline in 2018, has recently revealed that XRP is forming a bullish pattern that if completed could helped the cryptocurrency's market cap hit $500 billion.
TL;DR Bitcoin's price dropped by nearly $5,000 in minutes, losing its $100,000 level, and is currently trading just above $98,000, with a loss of around 4.3%. The drop affected many altcoins, with Ethereum, Solana, XRP, and Chainlink experiencing significant losses, some up to 10%.
Cryptocurrency prices retreated sharply on Tuesday, erasing some of the gains made on Monday as concerns about the bond market intensified. Bitcoin (BTC) dropped by 4%, reaching an intraday low of $97,700.
The cryptocurrency market saw a sharp surge in liquidations after Bitcoin's price unexpectedly fell below $100,000 on Jan. 7 during early U.S. trading hours.
Here's why Bitcoin could face a bumpy ride in Q1 despite reclaiming $100K.
Bitcoin could drop to support levels around $84,500, Katie Stockton said. The token has whipsawed this week, briefly crossing $100,000 before sliding agin.
Political shifts in Canada could soon pave the way for a Bitcoin-friendly government, particularly if the country's Prime Minister, Justin Trudeau, steps down. According to recent reports, Trudeau is contemplating his exit, which could potentially lead to a leadership change.
Johann Kerbrat, Robinhood (HOOD) Crypto general manager and vice president, joins Brad Smith and Seana Smith on Morning Brief to discuss bitcoin (BTC-USD)'s recent climb above $100,000. Kerbrat explores some of the big drivers behind the recent rally.
Former BitMEX CEO Arthur Hayes has predicted a potential Bitcoin (CRYPTO: BTC) price peak in late March 2025, driven by a surge in dollar liquidity. Liquidity Flowing Into The System Is Bullish In his latest blog post from Jan. 7, Hayes argues that a complex interplay of U.S. Federal Reserve policy and Treasury actions will create a favorable environment for crypto gains in the first quarter before facing a possible correction.
Stronger-than-expected job openings and ISM Services PMI rolled back investor expectations for further rate cuts for this year.
Nasdaq ISE proposes raising IBIT options limits to 250,000 contracts. The increase reflects IBIT's $46.8 billion market cap and 39.4M daily trading volume.
Recently, the New York Stock Exchange listed KULR Technology Group which stockpiled millions worth of Bitcoin during the correction has predicted that Bitcoin may reach a $200,000 peak during the 2025 market cycle. Just recently, KULR Technology Group bought over $21 million worth of Bitcoin at the average price of $97,391 on Jan. 6.
Arthur Hayes predicts a Q1 Bitcoin top fueled by $612 billion in liquidity from Treasury and Fed actions, with a peak expected by March. The post Arthur Hayes predicts Q1 Bitcoin top amid Treasury and Fed liquidity shifts appeared first on Crypto Briefing.