Bitcoin climbed past $99,000 on Christmas day, driven by renewed optimism that energized the market. According to CryptoSlate's data, the leading digital asset gained over 5% in the last 24 hours, recovering from a weekly low of $92,973.

The crypto market experienced a genuine Christmas rally on December 25, 2024, with Bitcoin soaring to $98,000, resulting in an overall increase that added more than $100 billion to the market's total capitalization.

Could this signal a surprising shift in crypto dominance?

Bitcoin struggles below $100,000 amid holiday illiquidity, but analysts predict a rally above $105,000 post-Christmas, citing macro trends.

Bitcoin and Ethereum form bullish patterns after the short correction, while XRP remains in a favourable price trend, awaiting its next breakout.

While the market was red last week, crypto saw some action in the last 24 hours with with Bitcoin, Ethereum, and altcoins rebounding. The king crypto Bitcoin went up from $94K to $99K which is seen as a “Santa Claus rally,” but it could also be a profit-taking shift.

The Israel Securities Authority approval was granted last week, Calcalist reported.

Bitcoin reaches $98,270 as it faces record ETF outflows and tests key $100K resistance. Will the bullish momentum continue? Find out in our analysis The post Bitcoin Breaks Key $98K Level – Is the Market Ready to Soar Again? appeared first on Cryptonews.

Ripple RLUSD stablecoin is now available on Independent Reserve in Singapore. Users can trade RLUSD against SGD and USD on the platform.

Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.

As Bitcoin (BTC) continues to dominate headlines with its record-breaking surge, up 46% since November's election and 133% year-to-date, attention is shifting to altcoins that offer high potential at a lower price point.

The crypto market rebounded heading into Christmas Day, with traders hoping for a holiday rally of various crypto assets. Amid the expectations on the crypto market, whales, or large holders, are making significant moves.

Cryptocurrency investors are having a great year in 2024. The total value of all coins and tokens across the industry currently stands at $3.5 trillion, more than doubling from where it ended in 2023.

Bitcoin's price recovered to $99,100 after testing strong support at $92,000. With resistance at $104,000 still unbroken, analysts predict a potential crash.

US Bitcoin ETFs saw $1.52 billion in outflows over five days ending Dec. 24. Gold ETFs Surpassed by Bitcoin ETFs in AUM, Reaching $129 Billion.

The long-running SEC v Ripple case is in focus again as crypto-friendly Paul Atkins prepares to take over SEC Chairman responsibilities from outgoing Gary Gensler. Moreover, the January 15 deadline for the US SEC to file an opening brief in the XRP lawsuit in the 2nd Circuit Court of Appeals is approaching.

US Bitcoin spot exchange-traded funds (ETFs) have faced four consecutive days of withdrawals, ending with notable outflows on Christmas Eve. Data from SoSovalue on Dec. 24 shows that ETFs saw recorded combined outflows of $338.4 million on Christmas Eve.

BlackRock's Bitcoin ETF hits record outflows as Ethereum funds surge. Can ETH maintain momentum while BTC struggles with selling pressure?

TL;DR According to AI predictions, Bitcoin could reach values between $120,000 and $150,000 in 2025, driven by various global economic factors. The global economic environment favors BTC as a store of value, especially in contexts of inflation and low interest rates.

There's always something going on in the crypto space — and this year's events were certainly no exception.

XRP consolidates near $2.30, forming a bullish pennant that indicates potential upward momentum.

Matador Technologies, a company known for digitizing tangible assets like gold, has announced plans to invest $4.5 million in Bitcoin over the next few days.

The total crypto market cap is close to $3.6 trillion.

Bitcoin is becoming a firm "buy" for investors worldwide as bulls retain Christmas Eve gains.

As the Bitcoin price gained strength, the markets also turned bullish. Most cryptos initiated a strong recovery from the latest pullback, which has kept up the momentum of most of the altcoins.

BlackRock's Bitcoin ETF is going through a tumultuous period marked by unprecedented capital outflows. The asset management giant recorded its largest daily outflow on December 24, contributing to a downward trend that has seen U.S. Bitcoin ETFs collectively lose over $1.5 billion in just four days.

MicroStrategy, a global leader in Bitcoin holdings, is proposing a massive stock increase to finance the purchase of more bitcoins. This initiative, aiming to raise $42 billion, reflects the company's ambitious strategy to strengthen its position in BTC treasury management.

Crypto enthusiasts have also embraced the idea of a Santa Rally; it is not just a concept found on traditional markets. Essentially, it describes an increase in asset prices in late December that is frequently driven by optimism, lower trading volumes and positive sentiment during the holidays.

MicroStrategy seeks shareholder approval to expand its equity-issuance plan, aiming to accelerate its $42 billion Bitcoin acquisition strategy.

Cryptocurrencies witnessed a late Christmas rally as Bitcoin jumped from $93.6K to surpass $99K during Tuesday's late sessions. While the global crypto market capitalization soared 4.46% to 3.41 trillion, Fartcoin and iDEGEN dominated trends. FARTCOIN attracted attention with its explosive surges within the past 24 hours. The token soared from the lows of $0.

Has Bitcoin bull run re-instigated? Will the BTC price rise and form a new ATH before the end of 2024? The market participants remained vigilant over the crypto markets, specifically the Bitcoin price rally, as they tend to look out for these answers.

A top crypto strategist thinks the digital asset market is in a position to witness a bullish continuation even as Bitcoin (BTC) trades below $100,000. Pseudonymous analyst The Flow Horse tells his 251,400 followers on the social media platform X that he believes the doors are open for Bitcoin and altcoins to spark surges.

According to data provided by SoSoValue, BlackRock's Ethereum (ETH) exchange-traded fund managed to attract nearly $44 million worth of inflows on Tuesday.

The investors of BTC became millionaires 22 times faster than those of stocks.

BlackRock's iShares Bitcoin ETF (IBIT) has recorded its largest-ever $188.7 million in outflow on Tuesday, raising concerns over future implications. Also, US-based spot Bitcoin ETFs saw consecutive outflows for the fourth day as Fidelity's FBTC and Ark Invest's ARKB continued weak performance amid holidays.

The global cryptocurrency market saw a positive trend on Wednesday, with the market capitalization close to 3.5% to $3.42 trillion. However, trading volumes dropped 16% over the past 24 hours due to subdued investor activity during the Christmas period. The Crypto Fear and Greed Index remained stable at 73, reflecting a “Greed” sentiment.

Key Points:

Rich Dad author warned readers to buy Bitcoin to prepare for a global crash. But if the economy booms, it'll be even better to have a crypto stash ready.

SHIB's price tumbled by nearly 50% in weeks but is that all about to change?

Investors are preparing strategically for perfect returns looking for the next crypto to explode as Bitcoin soars to $107,000. The next crypto bull run has begun and it is anticipated to run through 2025, becoming essential to identify early high-potential projects to yield high gains.

Matador Technologies has decided to bring Bitcoin into its treasury. This isn't some random gamble. The company is making a clear statement about where it sees the future heading. But why choose Bitcoin, and what does this mean for the broader financial world? Let's unpack it.

The holiday season's enthusiasm seems to be making its waves in the crypto market. As a result, the industry's market cap rose 3.30% to $3.43 trillion in 24 hours. However, the trade in the business took a dip of 14.55% to $134.08 billion.

Continues our analysis of the crypto world, in particular the assets we will analyze today are: XRP, IOTA, and XLM. Market statistics of the crypto XRP, IOTA, and XLM XRP, currently traded at 2.17 USD, ranks as the fourth most popular cryptocurrency, with a market capitalization of 124.7 billion dollars.

During the past four days, the spot bitcoin ETFs in the US reported a total of $1.52 billion in net outflows.

Jason Calacanis, the “World's Greatest Angel Investor,” shared his thoughts on MicroStrategy's plans to buy even more Bitcoin. Calacanis warned that Bitcoin's core principle of decentralization could be compromised if a single entity hold too much of the digital asset.

Cryptocurrency prices today showed overall gains, with the global crypto market cap rising 3.50% to $3.44 trillion. The total trading volume over the last 24 hours has decreased by 16% due to Christmas.

During a recent appearance on CNBC, permabull Tom Lee predicted that the price of Bitcoin could surge to $250,000 in 2024.

Robinhood CEO Vlad Tenev recently clarified the company's stance on Bitcoin, specifically regarding its decision not to hold Bitcoin in its treasury.