Mike Novogratz, CEO and founder of Galaxy, has predicted that Bitcoin, the leading cryptocurrency, will surpass gold by market capitalization within the next five to eight years.
Bitcoin has risen above $108,000 for the first time with the currency gaining for much of the week ahead of the expected Fed cut tomorrow.
Metaplanet to issue 4.5 billion yen ($30M) in zero-interest bonds to fund Bitcoin purchases. Metaplanet now holds 1,142 BTC, valued at $122.67M, as Asia's largest corporate Bitcoin holder.
Bitcoin (BTC), the world's largest cryptocurrency by market cap is gaining significant attention from crypto enthusiasts following its impressive performance. Today, December 17, 2024, a prominent crypto expert made a post on X (previously Twitter) that whales have purchased a significant 70,000 BTC worth nearly $7.30 billion.
A popular market analyst known for his timely crypto calls is now saying that Bitcoin (BTC) and Ethereum (ETH) will continue to rally.
Bitcoin has to go up a long way from current levels to be attractive at $100,000. Are we around the top or are we in a foothill of this crypto cycle?
The long-awaited Mt.Gox Bitcoin payout is officially underway, as the defunct cryptocurrency exchange begins transferring large amounts of Bitcoin to new addresses. This marks a significant milestone in the exchange's decade-long restructuring process, which is finally nearing its end.
TL;DR European Parliament member Sarah Knafo proposed rejecting the digital euro and adopting Bitcoin as a strategic reserve. Knafo criticized the European Central Bank for promoting CBDCs, calling them tools of totalitarian control that threaten individual freedoms.
Metaplanet doubles down on bitcoin with Japanese investment firm issuing new bond series to purchase more bitcoin. Bitcoin is Metaplanet's Favorite Asset Metaplanet, a Japanese investment firm has announced the issuance of new ordinary bonds worth $30 million (¥4.5 billion) with a specific goal to accelerate the company's acquisition of bitcoin.
In an exciting development, Bitcoin has hit the $108,000 level, and is currently trading at $108,223, up over 2% in the past day. Notably, Bitcoin is up almost 60% since the election, largely driven by Trump's incoming administration's support for cryptocurrencies, including the President-elect's promises to create a strategic Bitcoin reserve.
Reports suggest that US President-elect Donald Trump is contemplating an Executive Order to create a Strategic Bitcoin Reserve (SBR), a plan backed by Dennis Porter, founder of the Satoshi Act Fund.
European Union Member of Parliament Sarah Knafo has urged the bloc to prioritize a Strategic Bitcoin Reserve instead of moving forward with the European Central Bank's (ECB) digital euro project. In a Dec. 17 video shared on X, Knafo criticized the ECB's plan for a centralized digital currency, arguing it risks financial freedom and overreach.
"It is time to bet on freedom," the newly elected 31-year-old MP said during her remarks.
Trump's engagement with crypto leaders signals potential regulatory shifts, fostering innovation and positioning the US as a digital asset leader. The post Trump meets with Crypto.com CEO to discuss Bitcoin reserve and crypto appointments appeared first on Crypto Briefing.
The general cryptocurrency community is brewing with excitement and optimism following Bitcoin's rally to a new all-time high on Monday. Despite the significant price growth, there are speculations that the uptrend may not be ending anytime soon, suggesting BTC's potential for more increases to higher levels or milestones.
CryptoQuant CEO Ki Young Ju has revealed that there is only one way that MicroStrategy's ‘Bitcoin Strategy' could lead to bankruptcy for the software company. The company's BTC strategy has led to massive success despite criticisms about how it accumulates more Bitcoin.
Austin Campbell, CEO of fintech company WSPN Payments, voiced strong opposition to the idea of a strategic Bitcoin reserve, advocating instead for personal ownership of Bitcoin (CRYPTO: BTC). What Happened: In a detailed thread posted on X on Sunday, Campbell acknowledged Bitcoin's value as an asset but warned against governments or corporations taking speculative positions in BTC.
On-chain data has spotted a flurry of large Bitcoin transfers within the last 24 hours. Amid this, a massive transfer of 999 BTC, valued at nearly $106,048,784, has been spotted.
Bitcoin has been trading above $100K over the past couple of days and is currently climbing toward the $110K mark.
Bitcoin continues to rally overall but was a bit sluggish on Tuesday. This makes sense though, we have seen a massive amount of buying recently, so a bit of gravity might reenter the picture.
Pantera Bitcoin Fund has reached a milestone of 1,000x growth since inception, highlighting the growing institutional interest in blockchain technology, according to Pantera Capital's Dan Morehead.
With Bitcoin (BTC) surging to a new record high of above $107,000, momentum indicators suggest that the asset's current run is far from over.
Bitcoin's price reached $107,264 with a market capitalization of $2.12 trillion and a 24-hour trade volume of $104 billion, as its price fluctuated within a range of $103,768 to $107,821. Bitcoin On the 1-hour chart, bitcoin is hanging tight around $107,000, with a hint of selling pressure at the top of the daily range.
Lindner pointed to the proactive crypto policies in the United States under the new Trump administration and argued that Germany is falling behind. The post Former Finance Minister Slams Germany's Missed $2.7B Bitcoin Opportunity appeared first on Cryptonews.
Bitcoin price today trades at as of on . After hitting a daily high of today BTC is up %.
Bitcoin rallies 140% in 2024, fueled by spot ETF demand and Trump's victory, with analysts projecting a $150,000 target by 2025 post-halving.
CoinShares CEO Jean-Marie Mognetti expressed confidence regarding the future of Bitcoin (CRYPTO: BTC) ETFs and other cryptocurrencies such as Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) under the incoming administration of President-elect Donald Trump. What Happened: Mognetti highlighted the substantial inflows into U.S. Bitcoin ETFs following the election.
French Parliament Member, Sarah Knafo, urges the EU to ‘bet on Bitcoin' by building national strategic Bitcoin reserves while rejecting the central bank's plan for a digital euro. In a video shared on her X account on Dec.
"We'll just keep buying the top forever," the MicroStrategy executive chairman said during an interview with CNBC.
The crypto market is continuing its bullish streak, as investors fuel the optimism. This led to the market cap climbing 2.87% to $3.76 trillion in 24 hours, and the trading volumes shooting up 21.38% to $206.02 billion. Amidst this, the Fear & Greed Index highlights an “Extreme Greed” score of 81.
Babylon and LayerEdge integrate to merge Bitcoin's economic security with zk-proof efficiency, enabling scalable, secure, and decentralized applications.
In the latest development, a European MP has advocated for a “Strategic Bitcoin Reserve” in the European Parliament, highlighting Bitcoin's growing recognition as a sovereign hedge asset.
Bitcoin could soar to $180,000 in 2025 if key cycle top indicators remain muted, according to Matthew Sigel, Head of Digital Assets Research at VanEck. Speaking with podcast host Natalie Brunell, Sigel outlined a clear four-year pattern in Bitcoin's price action that he believes has persisted through multiple market cycles.
In a recent address, European Parliament member Sarah Knafo discussed El Salvador's bitcoin adoption and hinted at President-elect Donald Trump potentially considering a strategic bitcoin reserve. Knafo later shared her speech on X, writing, “no to the digital euro” and “yes to a strategic bitcoin reserve.
Bitcoin (BTC 3.33%), the world's largest cryptocurrency, has been one of the big headlines in 2024. Despite struggling earlier in the year, once falling below $40,000, the token didn't stay down for long, faring much better in the high-interest-rate environment than many expected.
Bitcoin's ongoing rally has recently hit a new high, surpassing $107,000. This surge comes after President-elect Donald Trump announced plans to create a U.S. Bitcoin strategic reserve. With all the excitement building, top crypto analyst Michael van de Poppe now predicts Bitcoin could skyrocket from $300,000 to $500,000 in this cycle.
In a surprising yet speculated move, the XRP price broke above a pattern and pierced through the crucial resistance, suggesting a massive rise in the strength of the bulls. FOMO has been in play at the moment, which has submerged the risk associated with the token for a while.
EU lawmaker Sarah Knafo has called for Bitcoin to be established as a strategic reserve, citing its decentralized nature and limited supply as key strengths in hedging economic uncertainty.
Bitcoin investors, whether in the spot ETFs or otherwise, would be likely be even more overjoyed in the coming months.
BlackRock's Bitcoin ETF now holds about 2.55% of all Bitcoin, showing that big financial companies are buying a lot of Bitcoin. This has raised concerns because many people worry that institutions like BlackRock might be going against the idea of Bitcoin being decentralized.
TL;DR Bitfinex predicts Bitcoin could surge to $200,000 by mid-2025, driven by strong institutional demand and the launch of the first-ever spot crypto ETF. Historical data suggests post-halving years, like 2025, see the strongest rallies, with the April 2024 halving setting the stage for a bullish trend.
A popular crypto analyst is outlining which altcoins he think will shine after Bitcoin's (BTC) price rally. The trader Ali Martinez tells his 99,500 followers on the social media platform X that the key to betting on altcoins is to invest capital early in projects with strong fundamentals.
The price of major cryptocurrency Bitcoin (BTC) continues its relentless march upward, updating historic highs one by one and periodically dropping latecomers and overly greedy traders with bloody multi-billion dollar avalanches of liquidations. The fact is, however, that so far the "numbers are going up.
Bitcoin's recent surge to $107K appears to have been driven by rising spot market demand and key on-chain metrics.
Bitcoin is at the center of a European lawmakers bold call to reject the ECBs digital euro and establish a strategic BTC reserve. The MP warned of inflation risks and urged the EU to embrace decentralized alternatives.
To the delight of many investors, Bitcoin (BTC 2.94%) finally breached the $100,000 mark in 2024. But as the year draws to a close, Bitcoin owners are left wondering what comes next.
Japan-listed company Metaplanet is issuing 4.5 billion yen ($30 million) worth of zero-interest bonds to expand its Bitcoin holdings. This move aligns with its strategy to accumulate the cryptocurrency as a core asset. Metaplanet's move mirrors MicroStrategy's widely recognised approach of leveraging corporate reserves to acquire Bitcoin, positioning itself as a Bitcoin-focused business in Japan.
In the latest Bitcoin news, a European MP has sparked discussions with her recent comments on the flagship crypto and its potential. Notably, the MP said that Europe should follow the US and make Bitcoin a strategic reserve for the nation.