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.

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

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.

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.

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.

Bitcoin's chance of hitting a new all-time high has increased, buoyed by expectations of the adoption of a US Bitcoin reserve.

In a latest development, Wyoming Representative Jacob Wasserburger introduces legislation for a Strategic Bitcoin Reserve. JUST IN: Wyoming Representative Jacob Wasserburger introduces legislation for a Strategic #Bitcoin Reserve 🇺🇸 pic.twitter.

According to a report from Whale Alert, 2,501 Bitcoin (BTC) worth around $256.4 million have just been transferred to Coinbase International, a subsidiary of a major U.S. cryptocurrency exchange. The details known about the sudden transfer of over a quarter of a billion BTC are few to none.

Publicly-traded Bitcoin mining company Marathon Digital Holdings has announced the mining of a “Trump 47” block to honor Donald Trump as the first “Bitcoin president” of the United States. MARA said in a statement on Jan.

A look at a bill being proposed for a Wyoming state level Bitcoin Strategic Reserve.

President-elect Donald Trump is set to move back into the White House on Monday after he officially assumes office, kicking off a flurry of speculation about immediate crypto-relation action, such as support for a U.S. crypto reserve. Benzinga talked to cryptocurrency experts, who are divided on the likelihood of immediate executive orders, but largely bullish on the near-term market outlook.

Nine years ago, a "death call" was made for Bitcoin when its price was only $400. This negative prognosis, which predicted that Bitcoin was on the verge of collapse, has been proven spectacularly wrong as Bitcoin continues to thrive and reach new highs.

As excitement builds in the crypto market with the upcoming inauguration of President Trump on January 20, several U.S. states are starting to adopt more crypto-friendly policies. In an important development, California State Representative, Republican Phillip Chen, is making an effort to create pro-Bitcoin legislation.

Bitcoin and ether ETFs continued their strong recovery with successive days of inflows worth $626 million and $167 million respectively. Bitcoin ETFs Reverse Outflows With Consecutive Days of Significant Inflows U.S. spot bitcoin ETFs continued the show of strength with another day of strong inflows. Data from Sosovalue on Jan. 16 showed that $626.

Crypto hedge fund Wintermute predicts a potential Dogecoin (CRYPTO: DOGE) ETF launch in 2025 alongside other potentially revolutionary developments like the establishment of a strategic Bitcoin reserve in the United States. This forecast is part of a broader analysis that forecasts a series of pivotal changes in the digital asset market in 2025, including maturation of the options market and increased institutional participation.

Introduction Building an income-focused portfolio can be tricky. Sometimes we have to sacrifice immense upside price potential for our desired income — especially when it comes to those high-octane growth stocks.

According to cryptocurrency analytics platform CryptoQuant, Ethereum's transaction fees have been consistently more expensive than those of Bitcoin over the past few months.

The market's leading cryptocurrency, Bitcoin (BTC), has rejoined the crypto rally, gaining momentum on Friday amid reports that President-elect Donald Trump may issue an executive order prioritizing cryptocurrencies as soon as he takes office. As of the latest data from CoinGecko, Bitcoin surged nearly 5% in the 24-hour time frame, reaching $104,000.

MicroStrategy, led by Michael Saylor, is set to propose a major increase in authorized Class A shares to help fund its Bitcoin buying strategy. As per a report from Bloomberg, analysts expect MicroStrategy's proposal to raise authorized shares to 10.

The price of Bitcoin climbed to its highest point in nearly a month Friday, surging past $104,000 on the eve of Donald Trump's inauguration.

Institutional players on the cryptocurrency market are busy as the price of Bitcoin (BTC) soars in an attempt to hit $103,000. Notably, leading asset manager BlackRock has registered massive interest, with over half a billion raked in by its ETF product, per daily inflows.

Pepe coin price surged on Friday as the ongoing Bitcoin rally pushed most meme coins higher and the total crypto market cap to over $128 billion. Pepe (PEPE), the third-largest meme coin, rose to $0.

Bitcoin has been on an exciting ride this week, with its price soaring from a dip below $90,000 to a strong rebound above the $100,000 mark in just two days. According to Dan from The Chart Guys, Bitcoin's sharp recovery is signaling bullish momentum as it tests key resistance levels.

The Aave community is exploring new avenues to increase its revenue by considering Bitcoin mining. However, discussions on the Aave governance forum reveal some skepticism among token holders.

Coinbase Prime has seen an increase in USD inflows, indicating a rise in OTC bitcoin trading by institutional investors.

BTC crosses $100K psychological price level , reigniting holder greed and likelihood of a potential rally.

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Analytics account @lookonchain has spotted that one of the countries in the developing world that has recently embraced Bitcoin and several other cryptocurrencies for building a strategic crypto reserve has moved a large BTC stash.

Bitcoin surge past $100K ahead of Trump's inauguration fuels crypto market, with gains in altcoins and speculation on future policies. The post Bitcoin surges past $100K as Trump prepares to take office appeared first on Crypto Briefing.

Bitcoin (CRYPTO: BTC) has surged past the $104,000 mark, propelled by a mix of renewed optimism surrounding the incoming US administration and strong market sentiment, according to experts. What Happened: According to Coingecko data, the cryptocurrency briefly hit $104,279 and is trading at $103,791 at the time of writing, up 5.6% on the day.

American aerospace technology giant SpaceX has become one of the biggest beneficiaries of the ongoing Bitcoin (BTC) price boom. According to data platform Arkham Intelligence, the rocket manufacturer has seen a $700 million profit in its Bitcoin holdings.

Despite growing challenges, miners sustained a nearly stable hashprice, with only a marginal dip of less than 1% since December.

Bitcoin bull market excitement is building, and DecenTrader's Filbfilb sees the chance for 80% BTC price upside.

Ignore the mindless chanting of slogans, and do what you want with your bitcoin stack.