Bitcoin's price recently experienced a sharp drop after Federal Reserve Chairman Jerome Powell's comments during the latest Federal Open Market Committee (FOMC) meeting rattled investor confidence. Powell's remarks on inflation and the potential slowing of rate cuts in 2025 triggered a major correction in Bitcoin's price, causing it to plummet by over $13,000 in just a few days.

Rumble secured a $775 million Tether investment, with $250 million allocated for operations and the rest for a tender offer of up to 70 million shares at $7.50 per share.

In an interview with Yahoo Finance, US Senator Cynthia Lummis of Wyoming outlined a proposal to grant the Federal Reserve the authority to hold Bitcoin as part of the United States' official reserves.

Bitcoin and Ethereum face volatility after $2.63B options expiry, with prices below key levels.

The cryptocurrency market has endured a significant sell-off that saw its total market capitalization plunge by over $600 billion before it started recovering. In a sell-off that saw Bitcoin drip from a new high around $108,000 to a $92,000 low. The cryptocurrency has, however, since started recovering and despite still being down more than 6.

The cryptocurrency market is facing a significant event, with over $2.6 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts set to expire. This large volume of expiring options has the potential to trigger short-term price volatility for both assets, particularly as both Bitcoin and Ethereum have recently seen declines.

Bitcoin's exchange transfers have dropped significantly, which might have a negative impact on its price.

Marathon Digital Holdings is redefining the narrative around Bitcoin mining by repurposing its excess heat to benefit communities in Finland. In a Dec. 20 statement on X, the company said it provides heating for approximately 80,000 residents through a forward-thinking approach that merges innovation and environmental responsibility.

Bitcoin has faced its first major correction since early November, dropping 13% from its all-time high of $108,364. This sudden pullback has sent shockwaves across the crypto market, shifting sentiment from extreme bullishness to uncertainty and even fear.

The cryptocurrency market has been rocked by a dramatic crash that led to over $1 billion in leveraged liquidations within the past 24 hours. This sell-off was drives by a combination of factors, including a hawkish message from the Federal Reserve and a sharp decline in the value of Bitcoin and other digital assets.

Tether has announced a $775 million strategic investment with video sharing platform Rumble just weeks after the platform announced it would be adding Bitcoin to its balance sheet.

Tether has invested $775 million into video sharing platform Rumble just weeks after the platform announced it would be adding Bitcoin to its balance sheet.

Rumble, the video-sharing platform and cloud services provider has just inked a $775 million deal with Tether, the heavyweight of stablecoins. This blockbuster investment signals a partnership between two giants, both devoted to championing decentralization and the freedom of speech. Rumble Gains $775 Million Backing from Tether As revealed in a statement to Bitcoin.

Bitcoin's MVRV hits -1.9% as price drops to $97,884. Analysts reveal key support levels and future risks!

Bitcoin (BTC) tries the $100,000 support zone after falling to $98,000 during the recent market shakeout. According to some market watchers, the flagship crypto's recent performance resembles its December 2023 trajectory, suggesting that BTC might see a massive breakout soon.

Bitcoin (BTC) recently hit an all-time high of $108,364, only to tumble to $92,118 within three days. This dramatic price drop coincides with growing political unease in the U.S., as the federal government faces a potential shutdown.

Bitcoin experienced a sharp decline, falling to $94,000 from its peak of over $100,000. As the market struggles with a change in momentum, a retracement is looming on the horizon.

Bitcoin faces increased selling pressure but retains the potential to rally to a $108,500 target if market sentiment improves.

Concerns surrounding MicroStrategy's Bitcoin strategy and debt obligations have been labeled as exaggerated by Anthony Scaramucci, founder of SkyBridge Capital. Speaking in an interview, Scaramucci dismissed the fears of a financial collapse tied to MicroStrategy's substantial Bitcoin holdings and debt structure, explaining that only a prolonged and systemic Bitcoin crash spanning several years would destabilize

Tether, the issuer of the world's largest stablecoin, USDT, has announced a $775 million investment into Rumble, a video-sharing platform and cloud services provider. This strategic move has sent Rumble stock soaring by 44.6% in aftermarket trading.

The EU's imminent crypto regulations are raising alarms about potential disruptions to market liquidity as exchanges prepare to comply with new requirements under the Markets in Cryptoassets (MiCA) framework, Bloomberg News reported on Dec. 20. The rules, set to take full effect on Dec.

Bitcoin has been on an extraordinary run in 2024, soaring past the $100,000 mark and continuing to display significant momentum. With some market participants hoping for even greater price action in 2025, one expert has cautioned that this could be the peak for Bitcoin, urging caution for those betting on further growth.

Hopefully, SEC Commissioner Hester Peirce isn't playing when she says she'll reconsider in-kind redemptions for spot bitcoin ETFs.

The U.S. Securities and Exchange Commission (SEC) has approved two innovative exchange-traded funds (ETFs) that could change the landscape of crypto investing. The Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF are the first of their kind, combining spot Bitcoin and Ethereum into one investment vehicle.

Tether Limited is set to invest $775 million in video-sharing platform Rumble as part of a strategic partnership aimed at boosting decentralization efforts, according to a Dec. 20 press release. The news caused a sharp spike in Rumble's stock, which surged in after-hours trading, climbing 35.89% to $9.

Rumble partners with Tether in a $775M deal, sparking speculation on future crypto payment integrations. The post Rumble secures $775 million investment from Tether appeared first on Crypto Briefing.

Last month, the YouTube alternative announced it would allocate up to $20 million of its excess cash reserves to bitcoin.

Japanese investment firm Metaplanet Inc. has raised $60.6 million (9.5 billion yen) through two bond issuances to bolster its bitcoin (BTC) holdings. Metaplanet Completes $60.6 Million Bond Issuance for Bitcoin Purchases The Tokyo-based company announced the completion of its fifth bond series issuance on Dec. 20, raising 5 billion yen.

Video sharing platform and cloud services provider Rumble said on Friday it has entered into an agreement with Tether, a blockchain-enabled platform, to receive a strategic investment of $775 million.

SkyBridge Capital founder Anthony Scaramucci has described Bitcoin's (CRYPTO: BTC) current price action as part of its typical cycle. What Happened: In an X post on Friday, he explained that Bitcoin is purging leveraged, short-term momentum trades, a normal phenomenon in its market evolution.

Tether Takes $775M Stake in Video-Sharing Platform Rumble

The issuance will be divided into ¥250 million units, with zero interest and redemption at face value, maturing on June 16, 2025.

Bitcoins recent price drop below $94,000 has not deterred optimism among experts. Top analyst Lark Davis explains why the crypto bull run could continue into 2025, with Bitcoin surpassing $100,000.

Michael Saylor wants to create a strategic bitcoin reserve to help eliminate the national debt and strengthen the U.S. dollar.

France's Groupe BPCE has received regulatory approval to offer Bitcoin and cryptocurrency investments through its subsidiary Hexarq, targeting 35 million users with services expected to launch in 2025. The post France's Groupe BPCE to Offer Bitcoin and Crypto Investments to 35M Users appeared first on Cryptonews.

Anthony Scaramucci, the founder of SkyBridge Capital, thinks people are blowing things way out of proportion when it comes to MicroStrategy's Bitcoin buying spree. Critics say CEO Michael Saylor has gone too far by taking on billions in debt to buy Bitcoin.

Investor Cathie Wood anticipates a flurry of mergers and acquisitions (M&A) among startups as regulatory changes accompany the Trump administration, she revealed in a recent Bloomberg interview. The leader of Ark Invest, celebrated for her daring forecasts, also doubled down on her prediction that bitcoin could exceed $1.5 million by 2030.

Bitcoin (BTC) mining company MARA says it acquired 15,574 BTC for $1.53 billion after raising $1.925 billion from its zero-coupon convertible notes offerings in November and December. In a post on social media platform X, MARA says it now holds 44,394 BTC following its recent purchase of the flagship crypto asset.

Hyperliquid, Bitget token and Movement added between 25% and 50% to their value this week. The three tokens have extended their gains in the past hour.

Michael Saylor publishes a Bitcoin and crypto framework for the US government, highlighting transparency, decentralization, and innovation. The post Michael Saylor publishes Bitcoin and crypto framework for the US government appeared first on Crypto Briefing.

Tether, the company behind crypto's $140 billion stablecoin USDT, may expand its artificial intelligence by early 2025

Cryptocurrency markets saw volatile trading on Friday despite growing interest in spot ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,108.38 +0.3% Ethereum (CRYPTO: ETH) $3,462.57 +2.6% Solana (CRYPTO: SOL) $190.13 -1.3% XRP (CRYPTO: XRP) $2.27 +2.5% Dogecoin (CRYPTO: DOGE) $0.3152 +0.9% Shiba Inu (CRYPTO: SHIB) $0.00002172 +0.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 4.6% and daily active addresses falling by 0.3%.

According to a recent report by The Washington Post, the National Center for Public Policy Research, the conservative think tank that recently made waves with its Bitcoin proposals for Microsoft and Amazon, plans a broader push.

Blockchain intelligence firm Arkham reported that Mt. Gox transferred over $102 million worth of Bitcoin (BTC).

While Bitcoin's volatility may seem intense, this correction is healthy and normal.

The Bitcoin price movements in the past 24 hours have sent the entire crypto market into another state of disarray and liquidations. Particularly, Bitcoin has witnessed a price crash of about 5% in the past 24 hours, which has seen it breaking below the $100,000 psychological price threshold again.

The 12 U.S. spot bitcoin ETFs recorded $680 million in outflows with the broader crypto market continuing to face a downturn. Biggest Outflow Day for Bitcoin ETFs The broader crypto market downturn finally caught up with exchange-traded funds (ETFs) with U.S. spot bitcoin ETFs registering a total net outflow of $680 million on Dec. 19.