Two Pennsylvania lawmakers have co-sponsored a bill pushing for the state to create a "strategic bitcoin reserve."

An ancient Bitcoin (BTC) wallet suddenly sprung to life this week after 13 years of dormancy, according to the crypto tracker Lookonchain. Lookonchain notes the unknown address received 426.3 BTC on July 29th, 2011, when the price of BTC was only $13.49, meaning the wallet's entire trove was worth $5,753.

As President-elect Donald Trump prepares to take office again in January, his proposal to create a national Bitcoin reserve is gaining momentum across the United States. Several states are now reportedly considering plans to establish their own cryptocurrency reserves, reflecting a broader movement to recognize Bitcoin as a legitimate store of value.

Bitcoin (BTC) continues to make headlines in the cryptocurrency world, a bold prediction from Arthur Hayes, the co-founder of BitMEX, is capturing the attention of investors and analysts alike. In a new essay titled “Black or White?

The head of digital assets research at exchange-traded fund (ETF) provider VanEck believes Bitcoin (BTC) is heading even higher this cycle after putting up massive gains. In a new interview on CNBC's Squawk Box, VanEck executive Matthew Sigel says that Bitcoin may soar more than 102% from its current value. “We think it's just started.

With Bitcoin closing in on $100K, Saylor's celebration plans highlight the crypto asset's growing influence.

Analysts speculate why Bitcoin is bound for $100,000 soon.

The Pennsylvania House of Representatives has drafted a bill to add a strategic Bitcoin reserve for the state. The bill has been presented by Republican Representative Mike Cabell, and this bill seeks to permit the treasury of Pennsylvania to invest up to 10% of its funds in Bitcoin.

Steve Weiss, founder and managing partner at Short Hills Capital Partners, joins CNBC's “Halftime Report” to discuss why he is buying Bitcoin.

Matthew Sigel, Head of Digital Assets Research at VanEck, one of the spot Bitcoin ETF issuers, on Thursday projected Bitcoin (CRYPTO: BTC) to hit $180,000 in this market cycle, driven by strong government support and increasing institutional interest. What Happened: As Bitcoin recently surged past $93,000, Sigel said, “We think it's just getting started,” highlighting that the current administration's pro-Bitcoin stance has created “blue sky territory” for the cryptocurrency.

Key Points:

As housing prices soar beyond reach for young generations, Bitcoin emerges as the ultimate savings tool, turning the dream of homeownership into a tangible reality. Could a single Bitcoin buy you a house in the near future? The answer may surprise you.

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Pennsylvania's legislature has introduced a bill allowing the state to invest in Bitcoin.

Bitwise CEO Matt Hougan is of the opinion that for Bitcoin to mature, it must capture a portion of gold's market share.

How covenants can built on Bitcoin today with no softforks (for an outrageously expensive set up price) using hash collisions. By Andrew Poelstra from Blockstream.

Ethereum's recent price movement has shown a decline following a rally, even after ETH Whales made a comeback and Bitcoin reached a new all-time high.

Bitcoin is down to $88,000 after reaching its ATH at $93,000 a day before. Bitcoin has had a bullish momentum after the 2024 presidential results, and it is up 35% in the past month.

The cryptocurrency market has been experiencing heightened volatility in recent days, with Bitcoin (BTC) leading the charge. As Bitcoin surged past the $80,000 mark, a wave of liquidations swept across the market, pushing the total value of crypto liquidations to over $800 million.

This new website offers a quick resource that shows just how fast everything is depreciating against Bitcoin.

President-elect Donald Trump's proposal to create a national bitcoin reserve is gaining popularity across the country as several states are now considering implementing their own cryptocurrency reserves.

Deribit options open interest has hit an all-time high of $40.8 billion, driven by surging institutional and retail interest in crypto options.

I see MicroStrategy's Bitcoin edge disappearing for other firms—this corporate treasury strategy becomes less effective as adoption accelerates.

Pennsylvania legislators have introduced a major bill today that could see the state hold Bitcoin as part of its financial strategy.

Time is running out.

The Pennsylvania House seeks to establish Bitcoin as a strategic reserve, aiming to hedge inflation and diversify state treasury assets. The post Pennsylvania House moves to establish Bitcoin as a strategic reserve asset appeared first on Crypto Briefing.

The proposed legislation would allow the State of Pennsylvania's Treasurer to invest up to 10% of its funds in Bitcoin, suggesting a multibillion-dollar investment.

Jersey City's pension fund plans to buy bitcoin ETFs in the coming weeks after starting the process to allocate to such products earlier this year.

The Kingdom of Bhutan's Bitcoin (BTC) strategy may shift after the country moved a significant portion of its holdings to Binance.

DeFi Technologies is driving a new strategy that will involve both Bitcoin and CORE token.

Crypto analyst Jamie Coutts cautioned traders to "be careful" when margin trading Bitcoin, given the growing strength of the US dollar.

Joe Moglia, former CEO of TD Ameritrade, on Thursday asserted that Bitcoin (CRYPTO: BTC) is a permanent fixture in the financial landscape, with substantial growth prospects ahead. What Happened: Speaking with CNBC, Moglia emphasized that while several years ago the concept of cryptocurrency was widely dismissed by traditional finance, the current sentiment reflects a remarkable shift.

VanEck, an asset manager worth $100 Billion said that its Bitcoin price target for this cycle is $180k. On Wednesday, Bitcoin pumped to $93,000 hitting its all-time high with a continuous surge after Trump's win.

US President-elect Donald Trump is continuing to shape his administration with pro-crypto figures by nominating Bitcoin-friendly Congressman Matt Gaetz as Attorney General. On Nov. 13, Trump announced that he was picking Gaetz to focus on dismantling government weaponization, securing borders, curbing criminal organizations, and restoring public trust in the Justice Department.

Stacks' price action has closely mirrored Bitcoin's performance in recent months, boasting an impressive correlation coefficient of 0.86. This makes Stacks a high-beta play on Bitcoin, meaning that when Bitcoin moves, STX tends to move in a similar direction, albeit with more volatility and often at a greater magnitude.

Optimism that President-elect Trump will fulfill his promises to make the U.S. the "crypto capital of the planet" and bitcoin a "permanent national asset" has made its price surge.

Pennsylvania House of Representatives introduces new legislation to allow the state to hold Bitcoin as a reserve asset. According to a journalist at Fox Business, Pennsylvania has introduced a new bill today on November 14th.

Arkham's on-chain data revealed that the Royal Government of Bhutan (Druk Holdings) deposited 367.26 BTC worth $33.51M into Binance two hours ago. The data showed that the Bhutanese government had transferred 6.954 BTC worth 634.53K to a wallet: T5CvdRzkeyi1Vj only an hour before the Binance deposit.

Bitcoin set a new all-time high yesterday, reaching $93,483, continuing its impressive rally without significant setbacks. Over the past nine days, the crypto leader has surged with minimal dips, not falling more than 5% during this bullish phase.

Deribit reached an all-time high in open interest this week, totaling $37.6 billion across bitcoin and ether contracts, signaling intensified activity in cryptocurrency derivatives amid bitcoin's recent price volatility.

While major assets are still way up since Trump's election win, the hot streak is showing signs of cooling for Bitcoin and more.

VanEck Chief Matthew Sigel recently shared a bullish outlook on Bitcoin. He indicated that Bitcoin's ongoing rally is just the beginning, with his firm setting a price target of $180,000 for the next cycle.

Max Keiser's unwavering Bitcoin prediction points to an $800,000 target as it continues breaking records amid unprecedented market momentum.

Bitcoin's (BTC) price has surged by 21.70% over the past seven days, repeatedly reaching new all-time highs. Currently, BTC is roughly 10% below the $100,000 milestone, with the uptrend showing exceptional strength, as indicated by technical markers like the DMI and EMA lines.

Pennsylvania's legislature has introduced landmark legislation for establishing a Bitcoin reserve, positioning the state at the forefront of digital asset policy in the United States.

Bitcoin's potential surge could drive increased institutional interest, influence global monetary systems, and reshape financial strategies. The post Bitcoin could reach $180,000 this cycle, says VanEck head of crypto research appeared first on Crypto Briefing.

In online spaces, the U.S. economist Peter Schiff is mostly known as an ardent supporter of gold and a major Bitcoin (BTC) skeptic.

MicroStrategy's Michael Saylor has taken to his official X account to encourage the army of his 3.6 million followers about holding and buying the world's pioneer cryptocurrency Bitcoin.