Cryptocurrency markets are trading higher on Friday as the stock market continues to have a bullish outlook for 2025. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $101,697.15 +2.2% Ethereum (CRYPTO: ETH) $3,931.03 +1.6% Solana (CRYPTO: SOL) $224.50 -1.5% XRP (CRYPTO: XRP) $2.43 +3% Dogecoin (CRYPTO: DOGE) $0.4063 +0.4% Shiba Inu (CRYPTO: SHIB) $0.00002846 +1.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 13.1% and daily active addresses growing by 3.8%.
Investment firm VanEck anticipates a bullish cryptocurrency market in 2025, projecting Bitcoin to peak at $180,000, Ethereum to surpass $6,000, and Solana to climb beyond $500.
Analysts say Bitcoin's 2025 cycle target begins at $175,000 and could extend above $461,000.
SkyBridge Capital founder Anthony Scaramucci voiced optimism about the state of the crypto market, sharing a personal anecdote to back up his assessment. What Happened: In an interview with DL News on Dec. 13, Scaramucci revealed that he's upgrading his 2022 Lamborghini to a 2026 model, reflecting his confidence in the ongoing bull market.
VanEck projected significant developments for the crypto industry in 2025, ranging from a dual-peaked bull market to the US adopting Bitcoin as a strategic reserve asset. The firm's 2025 predictions report envisions milestones that could redefine the role of digital assets in global finance, driven by regulatory clarity and institutional momentum.
Bitcoin (BTC) whales accumulate assets as the price exceeds $100K. The last dip, which saw the asset's price below the level, triggered diverse reactions as traders repositioned holdings.
The Digital Chamber founder and CEO Perianne Boring explains why bitcoin could hit $800,000 with Trump's economic proposals.
The United States President-elect Donald Trump has restated his commitment to make the country a digital asset powerhouse. This adds to the plans and policies Trump has rolled out for the industry ahead of the inauguration.
Singapore-based crypto service provider Matrixport predicts that Bitcoin may reach as high as $160,000 by 2025. In a newly released report, titled Matrix on Target (Issue #2024-112), the firm outlines a scenario in which increased institutional adoption, macroeconomic evolution, and broadening global liquidity could push the leading cryptocurrency to unprecedented levels.
Bitcoin (BTC) whales are back in action, selling the cryptocurrency in significant volumes. This surge in selling pressure coincides with BTC's return to $100,000, raising concerns about its ability to maintain this key threshold.
CleanSpark joins the crowd in raising funds through convertible notes, but doesn't plan to invest the proceeds.
Bitcoin's recent surge toward the $100,000 mark has raised widespread excitement, but also raised concerns regarding the sustainability of the rally. While this price level signifies an important milestone for the world's largest cryptocurrency, market observers are cautious about whether Bitcoin can maintain its current trajectory or if it will face a retracement.
Bitwise CIO Matt Hougan highlights critical signals, including Trump's public speech, the success of Bitcoin ETFs and BlackRock's recommendations, suggesting Bitcoin's path to $1 million. The post Bitwise CIO Highlights Key Signals for Bitcoin's Path to $1 Million appeared first on Cryptonews.
U.S. asset manager VanEck has published its predictions for cryptocurrency prices in 2025, anticipating further bullish price action next year. Prediction #1: New Highs For The Crypto Bull Market VanEck expects the crypto market to reach a medium-term peak in the first quarter of 2025, with Bitcoin (CRYPTO: BTC) potentially hitting $180,000 and Ethereum (CRYPTO: ETH) exceeding $6,000.
A closely followed crypto analyst believes that the altcoin market is entering an uptrend after bottoming out.
In a bold prediction on Fox Business, Perianne Boring, CEO of the Digital Chamber, asserted that President-elect Donald Trump's economic policies could position the U.S. as a global leader in bitcoin adoption, potentially driving the asset's price to an unprecedented $800,000 by 2025.
Satoshi Yamada asked the Japanese government whether it could "convert part of its foreign exchange reserves" into Bitcoin or another token.
Bitcoin miner Riot Platforms has significantly expanded its BTC holdings. As of December 12, it acquired 5,117 BTC for $510 million.
Bitcoin mining company Riot Platforms is solidifying itself as a major player in the crypto market. Between December 10 and 12th, 2024, Riot has made a significant purchase of 5,117 Bitcoins for $510m.
Dan Morehead, founder and managing partner of Pantera Capital, made it clear that he thinks crypto is a better reserve investment than gold.
AMP Limited, an Australian pension and wealth fund, invested approximately $17.2 million into Bitcoin futures. The firm has no plans to make further investments at this time.
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.
Frank Ahlgren, an early Bitcoin investor from Austin, Texas, has been sentenced to two years in prison for tax fraud related to his unreported cryptocurrency gains. This case marks the first criminal tax evasion prosecution in the United States centered entirely on cryptocurrency, according to the Department of Justice (DOJ).
Riot Platforms, a leading Bitcoin mining company, has acquired 5,113 BTC for $510 million. According to a Dec. 13 post on the social media platform X (formerly Twitter), the company said the Bitcoin was bought at an average price of $99,669 per BTC, including fees and related expenses.
TL;DR VanEck projects Bitcoin will reach $180,000 and Ethereum will surpass $6,000 in 2025, followed by a correction of up to 60% in altcoins during the summer. The Trump administration will push pro-crypto policies, with expectations of new state Bitcoin reserves and the approval of innovative financial products.
VanEck predicts Bitcoin will hit $180,000 in 2025 and anticipates the US establishing a Bitcoin strategic reserve under a pro-crypto administration. The post VanEck sees Bitcoin at $180K with a US Bitcoin reserve in 2025 appeared first on Crypto Briefing.
Frank Richard Ahlgren, a US Bitcoin investor, was sentenced to two years in prison for failing to report $4 million in crypto capital gains.
Bitcoin is wrapping up its final fourth and fifth waves, ideally reaching $115K before a significant decline can start.
The app lets users pay any merchant in Kenya that accepts digital payments via M-PESA with bitcoin over Lightning.
Bitcoin miners have earned over 70 billion dollars since the creation of the Bitcoin network. An analysis reveals that BTC users have paid miners a total of 71.49 billion dollars, which represents just 3.6% of the record market capitalization of 2 trillion dollars reached by Bitcoin.
Crypto analyst Master Kenobi has provided extensive analysis, which discusses the Bitcoin price dominance and altcoin season. In his analysis, Master Kenobi also revealed what this sudden volatility means for the market.
Bitcoin has demonstrated impressive performance this year, recording a YTD return of approximately 140%, and today's market action reflects the asset's continued strength. With a market dominance of 54.98%, Bitcoin remains the largest cryptocurrency by market capitalization, consolidating around the crucial $100,000 level.
Coinbase is being sued by BiT Global, which alleges that the exchange delisted the popular Wrapped Bitcoin (WBTC) to boost its own cbBTC.
Bitcoin's price is holding steady at $101,056 per coin, signaling a phase of stabilization as traders analyze conflicting indicators from oscillators and moving averages across various timeframes. Bitcoin On the 1-hour chart, bitcoin is in a consolidation pattern with a mild upward trend after tumbling from $102,582 to $99,250.
A new CoinGecko report shows that Bitcoin has outperformed traditional investment assets over the past decade, establishing itself as one of the most promising investment prospects.
TL;DR Riot Platforms acquired 5,117 BTC for $510 million, increasing its reserves to 16,728 BTC, which is equivalent to $1.68 billion. With this purchase, it becomes the third-largest public holder of Bitcoin, behind MicroStrategy and MARA Holdings.
American Bitcoin miner Riot Platforms has announced another BTC buy, snapping up over 5,000 coins for half a billion dollars.
Riot Platforms has added to its growing Bitcoin holdings after the crypto miner and infrastructure provider scooped 5,117 more BTC for $510 million. The Colorado-based Bitcoin (BTC) mining company announced the fresh acquisitions on Dec.
A Texas legislator has introduced a groundbreaking proposal to establish a Bitcoin reserve as part of the state's financial strategy.
Ledger attributed the loss to a phishing attack from 2022, stating that the incident stemmed from user error rather than a breach in its hardware.
Bitcoin and Ether ETFs recorded a combined $870M daily inflows on Friday. Bitcoin's price faced resistance at $102K, while Ethereum neared the $4,100 mark.
Matrixport predicted that Bitcoin could reach $160,000 in 2025. Bitcoin ETF demand, macroeconomic environment, and global liquidity pool will contribute to Bitcoin's price rise.
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value.
Pantera Capital founder and managing partner Dan Morehead believes that cryptocurrency is a burgeoning asset class still largely untapped by institutional investors. What Happened: Speaking in an interview with CNBC on Thursday, Morehead emphasized the transformative potential of blockchain technology, likening it to other emerging markets of the past.
Frank Richard Ahlgren III, an early Bitcoin investor from Texas, has been sentenced to two years in prison for tax fraud. According to the Department of Justice, Ahlgren underreported $3.
A Bitcoin investor from Texas has been sentenced to two years in prison for tax evasion, marking the first criminal case involving unreported cryptocurrency capital gains.
During a recent interview, Mike McGlone, senior commodity strategist for Bloomberg Intelligence, has predicted that Bitcoin will keep outperforming most other cryptocurrencies.