The price of Bitcoin has been in a slight consolidation over the past week, with the premier cryptocurrency struggling to cross the $100,000 mark on Christmas day. However, investors are hoping that the BTC price will gift them one final rally before the close of 2024, and the latest on-chain signals suggest so.

Bitcoin (CRYPTO: BTC) scripted history in 2024, not only breaking the long-held record of $69,000 but also hitting the magical $100,000 milestone. A slew of crucial developments occurred throughout the year, providing strong impetus to the apex cryptocurrency.

Australia has a total of 1,359 Bitcoin ATMs, which is about 3.5% of all crypto ATMs in the world.

Despite short-term weakening on price charts, BTC's long-term outlook appeared positive.

There's been some unusual activity in the Bitcoin (BTC) market this weekend, as in the last two days a new wallet has withdrawn 2,700 BTC, worth about $256.38 million, from Binance, the world's largest cryptocurrency exchange.

As Bitcoin (BTC) struggles to reclaim the $100,000 resistance, a market expert is warning that the asset's momentum above this level might have ended for now, and investors should anticipate a massive crash.

The bitcoin price has been predicted to be just weeks away from a "major" move as fresh bitcoin ETF filings are revealed

Michael Saylor predicts Bitcoin could reach $13M by 2045. Learn how scarcity, growth, and global wealth shifts might drive this bold forecast. The post Can Bitcoin Hit 13M in 21 Years – Michael Saylor Prediction appeared first on Cryptonews.

Dan Morehead, the founder and managing director of Pantera Capital, recently shared a bold, to say the least, vision for the future of Bitcoin (BTC). In a world where 300 million people already use cryptocurrency, he thinks the digital asset story is just beginning and the number of users is going to grow a lot, by even to 5 billion in the next 10 years.

Scottie Pippen, one of the biggest NBA legends, has predicted that the Bitcoin price might hit $1 million.

Bitcoin price is $94,952.42, with a market cap of $1.88T and 0.38% daily growth. RSI is at 45.82, signalling mild bearish momentum below its 14-day average of 51.58.

Peter Brandt, one of the most well-known commodity traders, has decided to dust off his "Hump Slump Bump Dump Pump" chart pattern that he first revealed several years ago.

Any time you see a new opportunity to make money at no or low risk to yourself, it's wise to be wary. However, that isn't the same thing as immediately dismissing it.

A key Bitcoin metric suggested the possibility of a price drop towards $85k again.

Bitcoin continues to grapple with the psychological $100,000 milestone, failing to break above this critical resistance after a retrace from all-time highs. This prolonged stagnation has sparked discussions about a potential correction or deeper retrace as the market awaits confirmation of Bitcoin's next major move.

Spot Bitcoin ETFs in the United States recorded a remarkable $35.66 billion in net inflows in 2024, significantly exceeding early industry projections. The post US Spot Bitcoin ETFs See Over $35B in Inflows in 2024, Ether ETFs Surge to $2.7B appeared first on Cryptonews.

On Dec. 27, pseudonymous crypto analyst HODL15Capital shared a detailed chart on the social media platform X, revealing what they claim to be the top 70 corporate holders of Bitcoin worldwide.

El Salvador has solidified its position as a global Bitcoin leader by becoming the sixth nation to hold over 6,000 BTC. The post El Salvador Becomes Sixth Country to Hold Over 6,000 Bitcoin appeared first on Cryptonews.

SOL and SUI are the top gainers from the larger-cap alts.

On Dec. 28, Eli Nagar, CEO of Bitcoin mining pool Braiins Mining, posted a compelling observation on social media platform X, emphasizing the scale of MicroStrategy's Bitcoin holdings. According to Nagar, MicroStrategy's stash of 444,262 BTC surpasses the amount of Bitcoin expected to be mined in the next halving epoch, projected at 328,125 BTC.

BitGo CEO Mike Belshe says that he's anticipating the tailwinds spurring crypto assets in 2024 will likely continue into 2025. In a new CNBC interview, Belshe says that despite the crypto industry already being bullish on the new pro-crypto administration arriving in Washington D.C.

Based on historical data, research firm K33 predicts crypto may peak around January 17. The firm sees it as an opportunity to lock in gains.

Some analysts raised their concerns that Bitcoin might experience a possible crash which will be driven by the Chicago Mercantile Exchange (CME) gap leading to a huge drop in its price. Since Bitcoin needs to fill in the gap, crypto traders predict it might push the firstborn cryptocurrency near the critical CME gap, suggesting that its price could go as low as $77,000 per coin.

Crypto analyst Jelle has provided a bullish outlook for the Bitcoin price for the remainder of this market cycle. The analyst predicted that the flagship crypto will reach $140,000 and revealed when this price surge could likely happen.

Could 2025 be the year Bitcoin finds its place in global reserves?

The dynamic realm of crypto has concluded yet another week, primarily with attention-nabbing developments witnessed across the industry. Despite soaring market optimism in light of investors expecting a bullish Q4, top cryptocurrency prices have encountered volatility.

The Bitcoin price looks set to enjoy a bullish reversal in January next year, having maintained a tepid price action to close out this year. This bullish outlook for the flagship crypto came as crypto analyst Tony Severino revealed a potential Doji formation, which suggested that BTC could enjoy this uptrend in the new year.

The Japanese government says discussions about making bitcoin (BTC) a reserve asset are still in the early stages. Lawmaker Urges Japan to Emulate the US The Japanese government says discussions about making bitcoin (BTC) a reserve currency are still in their early stages, making it difficult to express a view on the topic.

El Salvador Bitcoin investment reached a new milestone with 6,000 BTC, valued at $570 million.

BTC at $95K amid ETF outflows and SBR speculation. Can bipartisan support for a Bitcoin Reserve Act drive prices beyond the $108K all-time high?

Bitcoin's potential price range in 2025 is quite significant, but it bears down to three major factors, according to the crypto mining firm Blockware.

Bitcoin's potential price range in 2025 is quite significant, but it bears down to three major factors, according to the crypto mining firm Blockware.

Robert Kiyosaki predicts bitcoin will hit $350K in 2025, slamming Blackrock for suppressing BTC prices and urging investors to buy before institutional whales take over. Robert Kiyosaki Slams Blackrock – Doubles Down on $350K Bitcoin Price Target Rich Dad Poor Dad author Robert Kiyosaki reaffirmed his stance on bitcoin, the U.S.

With an almost negligible recovery in the last 24 hours, Bitcoin has been stranding around $94k despite hitting the ATH of $108.2k a few days ago. The Bitcoin price performance is also impacting the crypto market, but most experienced investors argue that this is a momentary phase.

Over the past year, our newsroom has put several generative AI chatbots to the test, asking them to forecast everything from the U.S. election to the prices of gold, silver, ethereum, and, naturally, bitcoin. This time, we decided to spice things up: we challenged nine AI chatbots to predict bitcoin's price on Feb.

According to Galaxy Research, the US government is not expected to buy Bitcoin in 2025 but may initiate significant discussions to expand its Bitcoin reserve policy, signaling strategic shifts in its cryptocurrency approach. US Governments Bitcoin Reserve Policy Sparks Debate On Dec. 27, Galaxy Research chief of research Alex Thorn claimed, The US government will not purchase Bitcoin in 2025.

The year's biggest development by far was the approval of Spot Bitcoin ETFs.

Bitcoins clean energy usage has reached the 50% threshold set by Elon Musk, sparking renewed interest in Tesla potentially resuming BTC payments. The milestone showcases the crypto industrys push toward sustainability despite rising global energy costs.

El Salvadors Bitcoin holdings have exceeded 6,000 BTC, now valued at $569 million, cementing its status as a global leader in cryptocurrency adoption. The bold strategy faces scrutiny from the IMF, which continues to push for policy changes during ongoing negotiations.

CryptoQuants Ki Young Ju suggests Trumps Bitcoin policies are unlikely to shift as investors prioritize the US dollars safe-haven status. With capital flowing into the dollar, the administration may view Bitcoin as a challenge to economic supremacy.

El Salvador has boosted its Bitcoin reserves to over 6,000 BTC, leading to a $569 million increase in treasury growth.

The price of Bitcoin saw no overall gain over the past week as the premier cryptocurrency continued to undergo a market correction. Despite multiple upward movements, Bitcoin struggled to break past the $100,000 resistance with its price performance in December continuing to deviate from earlier bullish predictions.

Bitwise, one of the largest asset managers in the U.S., has filed for clearance to launch an ETF tracking the performance of companies holding bitcoin as a reserve asset. The instrument, called Bitwise Bitcoin Standard Corporations ETF, would own stocks of companies having more than 1,000 BTC.

The cryptocurrency market has shown a steady pace following recent fluctuations, with the total market capitalization hovering around $3.3 trillion. Despite the stability, trading volumes have dipped slightly, reflecting a 1.66% drop to $124.18 billion in intraday trade.

You could argue that the cryptocurrency market maintains its confidence despite the Bitcoin price experiencing a significant drop to $94,000. Although price action says otherwise, this confidence is highlighted through various predictions from crypto analysts on social media and on TradingView, which cuts across various cryptocurrencies.

Analytics firm Glassnode says Solana's (SOL) momentum on the monthly time frame is waning in comparison to Bitcoin (BTC) and Ethereum (ETH).

Since Donald Trump was elected the 47th President of the United States, bitcoin advocates have faced skepticism about whether his administration and the forthcoming Congress would introduce a strategic bitcoin reserve. Cryptoquant CEO: ‘Bitcoin Standard' Needs U.S.