Bitcoin (BTC) price has continued to validate short-term bearish sentiment after sliding below $95k on Wednesday, during the mid-morning of the New York trading session. The flagship coin has experienced a significant decline in bullish momentum since mid-November.
The share of US entities' bitcoin reserves soared between last September and December, during which Donald Trump was reelected as President.
SpaceX and Tesla CEO Elon Musk, who now advises the incoming president Donald Trump, warned on Tuesday that the new government in Washington could slow the growth of Bitcoin prices.
The U.S. government has received approval to liquidate a significant portion of its Bitcoin (CRYPTO: BTC) holdings seized from the infamous darknet website Silk Road, according to a Wednesday report. What Happened: The Justice Department was cleared to sell 69,370 Bitcoins, valued at approximately $6.5 billion, by a federal judge, DB News reported, citing officials.
The rapid advancements in quantum computing which sparked growing concerns within the cryptocurrency sector late last year, particularly regarding Bitcoin's long-term resilience seem to have once again resurfaced. CryptoQuant, an on-chain data analytics platform, recently highlighted these risks in a series of posts on X titled “Quantum Computing is a Growing Risk for Bitcoin”.
Anthony Pompliano shares a different perspective on Bitcoin. According to the CEO of Professional Capital Management, Bitcoin is creating a novel position in the investment sector.
Economic collapse is here, warns Rich Dad Poor Dad author Robert Kiyosaki, urging investors to seize assets like bitcoin as markets crash.
Mark Cuban's crypto confidence reflects a broader shift toward Bitcoin adoption.
XRP price is holding the ground above $2.25 despite pressure on Bitcoin. The price is now consolidating and aiming for a fresh increase above the $2.40 resistance.
Oklahoma bill aims to integrate Bitcoin into everyday transactions. Oklahoma State Senator Dusty Deevers has filed the “Bitcoin (BTC) Freedom Act” (SB325), which might signal a key step toward incorporating cryptocurrencies into conventional financial systems in the state.
Crypto market today remains in bearish territory as Bitcoin dipped below the $95K mark. Major altcoins followed the downtrend, with several tokens trading in the red.
“If Washington D.C. can ruin something, it likely will.
Ripple's RLUSD & XRP-Spot ETFs: Monica Long outlines RLUSD growth, stablecoin use cases, and hopes for XRP-spot ETFs amid SEC developments.
Bitcoin price extended losses and traded below the $95,000 zone. BTC is correcting gains and might struggle to recover above the $96,500 level.
The sale of seized Bitcoin could impact cryptocurrency markets and set precedents for handling digital assets in legal contexts. The post DOJ cleared to sell $6.5B in Bitcoin seized from Silk Road appeared first on Crypto Briefing.
Donald Trump launched his first Bitcoin-based NFT collection, “Trump Bitcoin Digital Trading Cards,” using the Ordinals protocol, releasing 160 NFTs initially.
Institutions dumped huge amounts of Bitcoin in late December after its peak high, but they're now back to buying with it below $100,000, says Blocktrends' Cauê Oliveira.
Bitcoin (BTC) saw a dramatic decline today, with its price falling close to $96,000, triggering a broader pullback in the cryptocurrency market. The sharp drop sent Bitcoin below its key support levels, and other major cryptocurrencies, including Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE), followed suit with significant losses.
A former executive of the world's largest cryptocurrency exchange expects that Bitcoin could soar higher than the $100,000 level. Former Binance CEO Changpeng Zhao believes that the firstborn cryptocurrency is capable of hitting a higher price point, following its brief recovery to $100,000 on Tuesday.
Donald Trump's latest NFT collection, called “Trump Bitcoin Digital Trading Cards,” has launched its first batch of 160 pieces on the Bitcoin network using the Ordinals protocol.
Public companies increasingly adopt Bitcoin as a treasury asset, with institutional investors gaining regulated access through spot ETFs, marking a shift from retail to corporate ownership.
Canaan, a bitcoin application-specific integrated circuit (ASIC) mining rig manufacturer, unveiled the Avalon Mini 3 and Avalon Nano 3S, bitcoin mining devices that also function as home heaters, at CES 2025 in Las Vegas.
The altcoin market cap has been in a strong uptrend. The positive performance of Cardano and the others is likely to continue in the coming weeks.
The Kobeissi Letter reported that Open Interest in Bitcoin futures contracts on the CME hit a record of 51,000. According to the market analyst, CME's surge in open interest in Bitcoin futures coincided with the launch of spot Bitcoin ETFs last year.
Oklahoma State Senator Dusty Deever has introduced the Bitcoin Freedom Act (SB325). This bill seeks to allow citizens to escape the existing financial systems as prices continue to soar.
After an intense selloff earlier this week, Bitcoin (BTC) whales are likely fueling a rebound in the broader crypto market. Now in consolidation, the market might face a potential breakout if ongoing acquisition from BTC whales translates into a short-term price rally.
After retracing below the psychological $100,000 threshold, Bitcoin has investors wondering if this is a short-term decline or a more substantial change on the market. As of right now, Bitcoin is trading at about $95,933, down 1.04% from the previous day.
Investors' optimism and confidence in Bitcoin are rising rapidly after the flagship asset's latest price surge to previous resistance. This growing sentiment of investors is particularly seen among Bitcoin long-term holders, solidifying its position as the leading digital asset for long-term investments.
The act could position Oklahoma as a leader in digital currency adoption, potentially boosting economic innovation and resilience against inflation. The post Oklahoma Senator introduces Bitcoin Freedom Act enabling businesses to accept Bitcoin payments appeared first on Crypto Briefing.
Bitcoin prices have declined in the last few days, falling to nearly $92,500 after robust U.S. economic data impacted Fed rate cut expectations.
Two publicly traded companies announced substantial Bitcoin acquisitions this week, as more firms adopt a treasury strategy inspired by MicroStrategys crypto investment model. Los Angeles-based social media marketing company Thumzup Media revealed on Tuesday that it had purchased approximately $1 million in Bitcoin, marking its first major move into the cryptocurrency market.
Bitcoin and the wider crypto market may be entering a new era of widespread adoption, but investors are far from being “too late,” according to Fidelity Digital Assets' 2025 Look Ahead report.
Bitcoin and other major cryptocurrencies showed little movement on Wednesday following the release of the Federal Reserves December meeting minutes. The minutes hinted at persistent inflation concerns under the incoming administration of President-elect Donald Trump, signaling potential challenges for the economic landscape in 2025.
Bitcoin drops to $94,835 as U.S. economic data sparks bearish sentiment. Key levels to watch: support at $92,500, resistance at $96,080. The post Why Did Bitcoin Suddenly Crash? Key Factors Behind the BTC Plunge appeared first on Cryptonews.
Exodus CEO JP Richardson and the leadership team led the opening bell-ringing ceremony at the New York Stock Exchange (NYSE) today, January 8, 2025. The bell ringing signifies a significant milestone for the bridge developing between traditional financial systems and cryptocurrency firms.
Bitcoin experts are buzzing as President-elect Donald Trump lashed out against current Federal Reserve policy, calling interest rates “far too high” despite persistent inflationary pressures. “We are inheriting a difficult situation from the outgoing administration,” Trump said at his Mar-a-Lago club, adding that officials seem to be “trying everything they can to make it more difficult” for his incoming team.
Bitcoin and ether ETFs could be followed by an XRP ETF with a crypto-friendly Trump administration on the horizon. XRP ETF Could Be the Next Biggest Thing for Crypto in the U.S. Ripple President Monica Long stated in a Bloomberg interview on Tuesday that an XRP exchange-traded fund (ETF) may soon materialize as advantageous U.S.
Oklahoma State Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), a new proposal aimed at providing Oklahomans with alternative financial options in the face of rising inflation. The bill, filed for consideration in the 60th legislative session beginning February 3, would allow workers in Oklahoma to voluntarily opt to receive wages in Bitcoin.
Donald Trump's newest foray into the digital collectibles market has begun with the launch of the “Trump Bitcoin Digital Trading Cards.” The first 160 collection items were launched on the Bitcoin blockchain using the Ordinals protocol, a method of inscribing individual assets on satoshis, the smallest unit of Bitcoin.
The cryptocurrency market has once again proven its volatility as Bitcoin (BTC) saw a sharp decline over the past 24 hours, causing mass liquidations and wiping out hundreds of millions in trader positions. Just a day earlier, optimism had returned to the market, with Bitcoin reclaiming the $100,000 level and sending ripples of confidence through the market.
Let me break down why his outdated arguments just don't add up.
Bitcoin investment company MicroStrategy made a 74.3% yield on its Bitcoin acquisition for 2024, translating into a gain of 140,630 BTC. The firm's chairman, Michael Saylor, disclosed this on X, noting that the company bought 258,320 BTC in 2024 for $22.07 billion.
Bitcoin sweeps new 2025 lows as Treasury yields rise, and the strengthening US dollar Index forces crypto analysts to revise their short-term price expectations.
Though bitcoin is among the newest forms of currency, Mark Cuban says many investors treat it like one of the oldest:.
Veteran crypto trader Tone Vays has flipped bullish on Bitcoin after exiting his BTC long positions in late November. Vays tells his 290,200 followers on the social media platform X that he exited all of his Bitcoin long positions on November 22nd at $97,800, though he decided to buy back in now that it's 2025.
Recent price movement points to a notable upside momentum for Dogecoin in the upcoming days as the general crypto market gains traction. However, certain indicators show that the dog-themed meme coin's next upward move might be tied to Bitcoin's price dynamics.
The Bitcoin (BTC) bull market will most likely come to a conclusion sooner rather than later, according to an analysis published by CryptoQuant.
Bitcoin (BTC) is facing significant downward pressure today, as the cryptocurrency market experiences a sharp sell-off. After peaking at $102,000, Bitcoin has seen its price plummet to around $96,000, marking a substantial drop.