Bitcoin's price on Dec. 15, 2024, has hit a cool $102,513, just a whisker away — 1.2% — from its record-breaking peak of $103,647. The cryptocurrency is on a generally optimistic path, bolstered by solid technical signs and price movements across various charts.
Trump's potential executive order making Bitcoin a US reserve asset may drive a $20 billion BTC purchase in 2025.
Former Binance CEO Changpeng Zhao pointed to increased government adoption of the asset in the next ten years. In an interview, he highlighted its use-case as the future of money to drive massive investment.
Over the weekend, something unusual happened with Bitcoin (BTC) transactions on one of the world's largest cryptocurrency exchanges. Whale Alert kept an eye on a series of big transfers, showing how over a billion of dollars' worth of Bitcoin shifted between wallets.
The Bitcoin adoption wave appears unshaken by Microsoft's shareholders' decision not the add the asset to its portfolio when they met as scheduled on December 10. Before the meeting, there was little optimism for a Bitcoin victory.
In the past few days, Bitcoin (BTC) has oscillated between $100,000 – $102,000 following multiple failed attempts to push into higher price zones.
Bitcoin's surge past $100,000 is boosting Singapore's crypto ambitions. Known for its crypto-friendly policies, the country leads Asia in digital asset adoption, with firms like Coinbase and Ripple licensed to operate. Despite setbacks from Terra and FTX collapses, Singapore's infrastructure and investor interest remain strong.
Bitcoin, this volatile icon of financial markets, may be on the brink of yet another rollercoaster episode. According to a crypto analyst, the approval of a strategic Bitcoin reserve by the U.S. government could disrupt current dynamics.
Metars Genesis price surged 80% as the overall crypto market cap is showing no major momentum in the last 24 hours. Bitcoin surpassed the $103,100 level at last check Sunday.
Bitcoin's Puell Multiple soared, but was yet to flash red flag on valuation from a BTC miners' perspective.
The week was a rollercoaster ride in the cryptocurrency world. From Peter Schiff's advice to President Biden to sell all U.S.-owned Bitcoin, to a bearish turn in the Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) markets, and a potential surge in Dogecoin's value, there was no shortage of action.
Following the approval of the US-based spot Bitcoin exchange-traded funds (ETFs) in January 2024, the crypto crowd felt it was only a matter of time before other similar products received the green light. Barely six months after the BTC ETF trading debuted, the Ethereum exchange-traded funds were also launched in the United States.
Amid stock struggles, Nano Labs turned to Bitcoin payments last month to focus on global transactions and attract new partners and customers.
The number of Bitcoin wallets holding less than 1 BTC is projected to increase by nearly 9% in the coming weeks. The post Small Bitcoin Wallets Set to Surge 9% as Investors Keep Stacking Beyond $100K Milestone appeared first on Cryptonews.
Chamath Palihapitiya, the founder and CEO of venture capital firm Social Capital, has offered a possible timeline for when the Bitcoin (BTC) encryption might finally be cracked, given the ongoing advancements in quantum computing.
President-elect Donald Trump has officially confirmed plans to create a US Bitcoin strategic reserve, a decision he'd been flirting with during the last few months of his campaign. This comes just as Bitcoin's price exploded past $100,000, riding the wave of optimism following his re-election.
A new proposal, advocated by John Carvalho, seeks to redefine the unit of measurement for Bitcoin. The idea? Replace decimal points with a representation in whole numbers, where what we currently consider a satoshi would become the new "bitcoin.
A new Bitcoin proposal suggests removing decimals and redefining its units. Will this simplify Bitcoin or alter its perceived value? The post Bitcoin Proposal to Eliminate Decimals – Could This Shake Up Prices? appeared first on Cryptonews.
Quantum computers are revolutionizing technology, but they also pose a potential threat to Bitcoin's security. With the launch of Google's Willow chip, many are asking if this is the beginning of the end for Bitcoin's encryption.
MicroStrategy, the company led by Michael Saylor, will soon be included in the Nasdaq-100, an index that tracks the 100 largest non-financial companies listed on Nasdaq. This inclusion is a major milestone for MicroStrategy, as it will significantly increase the Nasdaq-100's exposure to Bitcoin (BTC).
Bears remain more powerful than bulls on the last day of the week, according to CoinMarketCap.
On Dec. 10, Microsoft (MSFT -0.51%) shareholders voted against a proposal to ask the company to add Bitcoin (BTC 0.66%) to its balance sheet. Microsoft's board had recommended that shareholders vote no, so the rejection was perhaps no surprise.
The Bitcoin price performance in 2024 is one for the history books, with the premier cryptocurrency crossing the $100,000 mark for the first time ever.
It's been a milestone year for cryptocurrency, and in particular, the industry's poster child -- Bitcoin (BTC 0.48%).
Bitcoin is just steps away from breaking its all-time high, and excitement is building fast! With bulls in control, renowned trader Captain Faibik predicts a strong rally that could push Bitcoin's price up by 10-12%. If it breaks the key $103,000 level, Bitcoin could soar to $113,000, marking another major milestone for the crypto giant.
Tom Lee is the head of research at Fundstrat Global Advisors. He correctly anticipated the stock market rally that lifted the S&P 500 out of bear market territory last year.
This week, Amir Taaki hopped back onto X to share his view that Bitcoin's leadership “is corrupt.” Taaki announced he's now more captivated by the Ethereum scene, diving into zero-knowledge (ZK) tech, decentralized finance (defi), and “crypto math.
Bitcoin price has held steady in the past few months, and is holding near a record high as demand remains high. The coin was trading at $101,760, which is about 570% from its lowest point in 2022, making it the best-performing major asset.
In a recent interview with CNBC's Fast Money, Dan Morehead, the founder of Pantera Capital, shared his optimistic outlook for the cryptocurrency market in 2025.
Bitcoin mining, while a largely profitable venture for mining companies and individuals, can cause plenty of problems. The rise of crypto mining can raise rates, weaken grids, and even cause power blackouts in certain countries like Thailand, Venezuela, and Kazakhstan.
The past few days have not turned out in favour of retail traders and investors. While Bitcoin (BTC) maintains its support at $100,000, many other major cryptocurrencies are underperforming, showing a retreat across the altcoin market.
The total crypto market cap has retraced to just under $3.8 trillion.
Yellow Card, an African stablecoin platform, has partnered with Lightspark to integrate Universal Money Addresses (UMA) into its services. Yellow Card Connects African Businesses to UMA Network Yellow Card, the Africa-focused stablecoin platform, has partnered with Lightspark to connect businesses in 20 African countries to the Universal Money Address (UMA) network.
Colin Wu, a well-known cryptocurrency journalist from China, has highlighted significant developments surrounding Bitcoin in Thailand.
VanEck has forecasted that Bitcoin, Ethereum, and Solana will hit new all-time highs in 2025, driven by several key factors.
In a significant step toward establishing a US strategic Bitcoin reserve, Senator Cynthia Lummis recently met with incoming Treasury Secretary Scott Bessent, according to a recent social media post on X (formerly Twitter) in which Lummis expressed optimism about Bessent's potential support for digital assets, particularly BTC.
Bitcoin steadies at $101k as BTC-spot ETFs see $2.16B weekly inflows. Trump's pro-crypto agenda hints at rising demand.
MicroStrategy's Michael Saylor responded to MARA Holdings' praise, suggesting the firm may be next among Bitcoin firms to join MicroStrategy on the Nasdaq 100.
Travala hits a $100M revenue milestone, launching a bitcoin-driven treasury plan to boost growth, enhance liquidity, and reshape the future of blockchain-powered travel.
In a notable development for the cryptocurrency landscape, Japanese Member of Parliament Satoshi Hamada has urged his government to establish a Strategic Bitcoin Reserve, aligning Japan with a growing global trend where nations like the United States are exploring similar initiatives. Bitcoin Adoption Surges Among Nations And Major Corporations Hamada's proposal reflects a broader interest in diversifying national reserves with cryptocurrencies, particularly following recent discussions in the Japanese parliament about reserve movements in the US and other countries.
The price of Bitcoin (BTC) experienced much turbulence in the past week dipping by almost 5% to reach a local bottom of $95,000 on Wednesday. While the crypto market leader has since recorded a market rebound returning to above $101,000, BTC has once again slipped into consolidation drawing much speculation on its next price movement.
As speculation swirls around the future trajectory of Bitcoin (BTC) and the broader cryptocurrency market, asset management firm VanEck has released a set of predictions that bolster optimism for continued upward momentum. VanEck Forecasts Bitcoin Soaring To $180,000 VanEck predicts that the crypto bull market will reach a “medium-term peak” in the first quarter of 2025, followed by new all-time highs by the year's end.
Bitcoin “shrimps” are showing firm conviction that the price of Bitcoin is going to continue its uptrend, according to a crypto analyst.
Bitcoin “shrimps” are showing firm conviction that the price of Bitcoin is going to continue its uptrend, according to a crypto analyst.
Bitcoin “shrimps” are showing firm conviction that the price of Bitcoin is going to continue its uptrend, according to a crypto analyst.
Bitcoin (BTC), the world's leading cryptocurrency, might be on the verge of an unprecedented rally, according to Perianne Boring, CEO of the Chamber of Digital Commerce. Boring recently shared her prediction that Bitcoin's value could soar to a staggering $800,000 by 2025, fueled by several key factors shaping the digital currency landscape.
Microstrategy's $43 billion bitcoin bet propels it into the Nasdaq-100, fueling bullish momentum as institutional investors are expected to prepare for major crypto-driven gains. Nasdaq Adds $43B Bitcoin Giant Microstrategy: Institutional Buying Frenzy Ahead? Nasdaq Inc.