Bitcoin, the world's leading cryptocurrency, has faced several ups and downs in its market journey, and recent data suggests that short-term holders are now selling at a loss. This shift is raising concerns about Bitcoin's immediate future but also presents potential opportunities for long-term investors.
Bitcoin is flying high Thursday as momentum builds around a potential strategic national BTC reserve under President Trump.
El Salvador started accumulating BTC under Bukele's leadership, fueling speculation about Trump's strategic reserve promises.
“A censored regime holding censorship-resistant money feels unlikely,” wrote CryptoQuant's CEO.
Tron founder Justin Sun announced plans to deliver zero-fee stablecoin transactions. Zero-fee stablecoin transactions were originally planned to be implemented in Q4 2024.
Despite recent fluctuations, Bitcoin (BTC), the leading cryptocurrency, remains a focal point of discussion among investors and industry leaders. Following its record high of $109,000 just days ago, Bitcoin's bullish momentum has waned, prompting renewed interest in its future potential.
Glassnode's data shows bitcoin's trajectory mirrors the midpoint of the 2015-2018 market cycle, suggesting potential for further growth.
In a recent development, pro-crypto Senator Cynthia Lummis became the chairman of the Senate Banking Subcommittee on Digital Assets, as confirmed by herself on X (Formerly Twitter). Lummis is known for being a strong advocate for cryptocurrency and blockchain technology, often referred to as a “crypto-friendly” legislator.
The total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin's total hash rate – a significant jump from 21% in 2023. IREN, CLSK, RIOT, and MARA achieved more than 100% YoY hash rate growth.
BlackRock, one of the biggest investment companies in the world, has given crypto enthusiasts a new reason to be excited. Its CEO, Larry Fink, has said that Bitcoin can be expected to make huge price moves, potentially reaching the $700K mark soon.
The price of the leading cryptocurrency Bitcoin (BTC) has literally skyrocketed today as the possibility of the Bitcoin Strategic Reserve being announced in the near future has quickly soared after a post by Senator Cynthia Lummis.
Investor risk appetite is shrinking, driving up demand for USDC. Is it time to pull back?
Amidst the ongoing controversy over serial ETH dumps by Ethereum Foundation, Bitcoin.com CEO claims “this cycle may skip ETH” due to Ethereum's ill-timed “wokie energy.
In a recent tweet, renowned economist and gold advocate Peter Schiff made a comparison between Bitcoin and traditional fiat currencies. Schiff, a well-known Bitcoin critic, highlighted a main difference and similarity between the two, sparking reactions from the cryptocurrency community.
Sen. Cynthia Lummis's post ahead of her announcement sent bitcoin's price up $4,000 but the gains did not last long.
Umoja announced yBTC, a yield vault token that provides over 20% annual percentage yield on staked Bitcoin.
Fears related to the devaluation of national currencies are gaining new momentum following an important statement by Larry Fink, CEO of BlackRock, at the World Economic Forum in Davos. In fact, the leader of the world's largest asset manager mentioned the possibility of Bitcoin reaching $700,000, driven by increasing institutional adoption.
TL;DR Justin Sun, founder of TRON, announced a plan to eliminate fees on stablecoin transactions, aiming to promote mass adoption of blockchain. The proposal could shift costs to network validators and set a new standard for accessibility in the crypto market. Although TRX's price fell by 3.
BTC price volatility returns with a vengeance as US Senator Cynthia Lummis leaks a cryptic 10am announcement.
Some rumors link the fluctuations to a statement by Sen. Lummis.
Bitcoin kicks off 2025 with bullish momentum, but can the rally sustain? We dive into miner recovery, sentiment, and market dynamics for insights.
Odds that a national bitcoin reserve will launch this year have risen to 60%, from 40% earlier this month.
The bill provides for a dedicated board of directors and annual monitoring of investments.
The Thursday session has seen more buying on the dip in the bitcoin market, as the market looks ready to accept the $100,000 level as a bit of a floor. Even if it does not, we are still very much in a widely supported consolidation area.
The cryptocurrency market has pared broader gains after a bullish recovery seen on Wednesday faded with Bitcoin (BTC) leading top coins lower. As Ethereum (ETH), XRP (XRP) and Solana (SOL) shed gains by more than 5% each, Arbitrum (ARB) and Filecoin (FIL) also flipped red.
Bitcoin (BTC) traded relatively flat on Wednesday, with its price being rejected around the $107,000 mark, forming a double-top pattern.
Bitcoin rose to $106k, after dipping to $101k, after Senator Cynthia Lummis tweeted that big things are coming with the bitcoin symbol.
Two venerable cryptocurrencies that have experienced outstanding increases in their respective breakout years are Ripple (XRP) and Bitcoin (BTC). In 2017, XRP surged an incredible 12,732%, jumping from $0.00302 to $0.4018, while BTC shot 7,698%, from $15 to $1,484. Rexas Finance (RXS), a recently launched coin valued at just $0.
TRON (TRX) has recently gained attention by outpacing major blockchain networks like Bitcoin (BTC) and Ethereum (ETH) in terms of transaction efficiency. A new analysis from CryptoQuant reveals that TRON has achieved the highest Transaction-to-Price Ratio (TPR), a metric that measures the efficiency of transactions relative to the price of its native cryptocurrency.
Senator Cynthia Lummis will make a significant announcement at 10 am, potentially revealing new developments on a strategic Bitcoin reserve. The post Senator Lummis to unveil major development regarding strategic Bitcoin reserve at 10 a.m.
Petrobras is interested in bitcoin mining as a complementary activity. Marcelo Curi, a blockchain and crypto architect at Petrobras, has stated that the company is researching this and other Web3 applications to reduce carbon emissions.
In a recent development, Fathom Holdings, a national, technology-driven, end-to-end real estate services platform today announced that its Board of Directors has approved the inclusion of Bitcoin (BTC) as a key asset under the Company's treasury management program.
Sellers have again seized the initiative, according to CoinStats.
Larry Fink, the CEO of the $10 trillion asset management giant BlackRock, sees a world in which the price of Bitcoin (BTC) reaches a whopping $700,000.
Founder & CEO of Professional Capital Management Anthony Pompliano on Thursday said “more than 50%” of President Donald Trump‘s net worth is now held in the cryptocurrency market. This assertion highlights a significant personal financial connection between Trump and digital assets, which Pompliano believes will influence policy.
With the approval of a series of spot Bitcoin (BTC) exchange-traded funds (ETFs) at the start of 2024, the biggest manager by assets under management (AUM), BlackRock (NYSE: BLK), joined the cryptocurrency fray and became one of the largest digital assets owners in the world.
Coinbase has filed a motion to dismiss BiT Global's lawsuit over the delisting of wrapped Bitcoin.
As per a latest development, World Liberty Financial, the Defi project linked to President Trump has plans to buy more TRX tokens just days after a $2.6 million purchase. Notably, the project will buy an additional $2.65 million of TRX this week.
Ross Ulbricht, the creator of the Silk Road darknet marketplace, remains a controversial figure in cryptocurrency history. While his role in revolutionising Bitcoin's use has long been debated, recent developments have brought his name back into the spotlight.
After nearing $110k a few days back, Bitcoin (BTC) price witnessed a major correction. The latest setback pushed the king coin down by over 2.6% in the last 24 hours.
CryptoRank, a research and analytic firm, believes that the cryptocurrency market is cooling off after Bitcoin and other cryptocurrencies began undergoing a correction. Bitcoin dropped to $102K, and Solana experienced 8% volatility in the wake of its ETF news.
The past month has seen retail Bitcoin (BTC) investors increasing their activity in the flagship cryptocurrency. Data from Glassnode, an on-chain market intelligence platform, shows that more Bitcoin addresses now hold smaller quantities of the cryptocurrency.
Deutsche Bank in a latest report has shared that the outlook for Bitcoin is expected to remain positive with the price expected to remain elevated in 2025.
Bitcoin continues to hold above the important trendline after a breakout occurred a few days ago. However, the price has yet to show a sustained move away from this line, and the market needs to confirm whether it can break out decisively.
Bitcoin infrastructure provider will launch three funds to meet demand for investors looking to put their bitcoin to work.
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Bitcoin's long-term holders are holding strong, easing sell-side pressure. The market now awaits new catalysts.
Bitcoin (BTC) recently reached an all-time high (ATH) of $109,588. However, the coin's price has since dropped by 8%, partly attributed to a reduction in retail trading activity.