Technical analyst Ali Martinez has said that the drop in crypto prices has allowed whales to accumulate more assets. In a post on X, Martinez reported that 342 new wallets holding more than 100 BTC were created as Bitcoin dipped from $104,000 to around $90,000.
State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state's assets, attract crypto-focused businesses, and establish Alabama as a pioneer in the digital asset space.
More all-time highs for bitcoin, solana and ether? Continuing inflows for ETFs?
On Wednesday, during an interview with CNBC, Fundstrat's Tom Lee pointed out that bitcoin offers the clearest gauge of how the Trump administration's economic policies might fare. Lee highlighted bitcoin's historical patterns, which “would imply $250,000 per bitcoin in 2025.
Bitcoin's price has trended within a narrow range since it hit a new all-time high of $103,647 on December 5. It has since faced resistance at $101,509 and found support at $94,306.
Bitcoin has crossed the $100,000 mark again. Ethereum followed with a 4% rise, though it remains shy of the critical $4,000 resistance level.
Bitcoin, the world's oldest and largest cryptocurrency, rose back above the $101,000 level on Wednesday, clawing back most of its losses after a bruising sell-off earlier this week.
Crypto analyst Dark Defender has predicted that the XRP price could soon rally to as high as $5. The analyst further revealed what needs to happen in the short term for XRP to reach this target, which would mark a new all-time high (ATH) for the crypto.
Bitcoin recently surpassed the $100,000 mark, drawing attention from institutional investors. Michael Saylor, co-founder and executive chairman of MicroStrategy, discussed his company's Bitcoin strategy.
Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
The executive chairman and co-founder of enterprise software firm MicroStrategy, Michael Saylor, has a whole new analogy to explain Bitcoin (BTC). In a new YouTube interview with Barstool Sports founder Dave Portnoy, Bitcoin bull Saylor says that Bitcoin is like a game where all participants are winners.
The Cardano Foundation (CF) is in the spotlight after an anonymous Whistleblower made revelations that drew comments from Charles Hoskinson and the broader community. Big Pey, a top Cardano community content creator, published the email from the Whistleblower.
Ripple Labs' newest stablecoin product has received final approval from a prominent New York regulator. In a post on the social media platform X, Ripple chief executive Brad Garlinghouse says that Ripple USD (RLUSD) – the firm's new dollar-pegged crypto asset – has been approved by the New York Department of Financial Services (NYDFS).
Bitcoin, according to Hougan and Rasmussen, will reach $200,000 or more by the year 2025. Solana's price is likely expected to soar to $750, a 250% rise from its current $215 as per the duo.
Massachusetts Mutual, a 173-year insurance giant, invested $100 million into the flagship cryptocurrency Bitcoin (BTC) back in 2020. In a press release, the move was noted as giving it a “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.
The most recent numbers revealed that inflation rose slightly to 2.7% in November. The price of Bitcoin is already witnessing a surge and touched the $100,000 mark.
Atomic Wallet, a well-known non-custodial decentralized wallet, recently made waves with its bold predictions about XRP's future. After previously expressing a sarcastic bullish stance on the cryptocurrency, the wallet platform raised concerns within the XRP community by suggesting that the digital asset might never reach the $3 mark again.
Bitcoin ETFs are showing no signs of weakness as they enter the ninth consecutive day of positive inflows, even as the broader market experiences a downtrend.
XRP has displayed a strong recovery over recent days, with prices climbing to $2.37 to $2.42 over the past hour, reflecting a 17% gain in 24 hours. Consolidation Phase or End of Rally? XRP at a Critical Crossroads XRP's upward momentum has brought the crypto asset close to a pivotal resistance zone at $2.
The Alabama state auditor general, Andrew Sorrell, called on Alabama to lead other states in establishing strategic Bitcoin reserves. He noted that the price of Bitcoin had gained over 50% since the U.S. elections, and Trump's enthusiasm for crypto signalled strong federal support.
The service is designed to compete with larger third-party custodians such as Coinbase. New Self-Custody Solution for Nation-States Emerges Crypto self-custody firm Casa announced that it will now offer a self-custody solution called Praetorian to governments seeking to establish national bitcoin (BTC) reserves.
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Cryptocurrency analyst Benjamin Cowen provided an in-depth analysis of market trends, inflationary pressures and Bitcoin's (CRYPTO: BTC) rally following Wednesday's CPI report. What Happened: Bitcoin surged past $100,000, reflecting bullish sentiment as consumer price inflation data for November came in at 2.7%, close to the Federal Reserve's 2% target.
Goldman Sachs is eyeing the Bitcoin and Ethereum markets. CEO David Solomon said the Wall Street firm is ready to “evaluate” its entry, but only if regulators clear the path.
Think you've missed the Bitcoin boom? Think again. Despite its impressive past performance, Bitcoin continues to be a top-performing asset, even in recent months. With strategies like Dollar Cost Averaging (DCA), you don't need a fortune to start investing. Learn why Bitcoin outshines gold, the Dow Jones, and other traditional investments, proving it's never too late to join the Bitcoin revolution.
The cryptocurrency world has long been resilient in the face of challenges, but legendary trader Peter Brandt has brought attention to two formidable threats that could significantly impact Bitcoin's future. In a recent statement, Brandt identified central bank interference and the rise of quantum computing as potential existential risks for the world's largest cryptocurrency.
Is a broader BTC cool-off still on the cards despite recent pullbacks?
This year was good for crypto, but 2025 might turn out even better for the sector, according to Bitwise Asset Management.
Thomas Peterffy, the founder of Connecticut-headquartered brokerage firm Interactive Brokers, has stated that people should hold "some Bitcoin" during a recent interview with Bloomberg Television.
Mathew McDermott, global head of digital assets at Goldman Sachs, joins CNBC's 'The Exchange' to discuss crypto space, whether bitcoin ETFs approval helped the crypto industry, and more.
Microsoft shareholders voted against a proposal that would have directed the company board to consider adding bitcoin to the firm's treasury holdings. Plus, Russia's plan for a strategic bitcoin reserve and crypto developments in Latin America.
Ripple‘s native token (CRYPTO: XRP) has skyrocketed 20% over the last 24 hours, trading at $2.43, significantly outpacing Bitcoin's (CRYPTO: BTC) 5% rise to $100,500. The rally comes after Ripple Labs secured approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin on Tuesday, marking a pivotal step in Ripple's expansion into the burgeoning stablecoin market.
A crypto analyst has unveiled uncanny similarities between Bitcoin's Chicago Mercantile Exchange (CME) chart from late Q4 2024 and 2023. According to the analyst's report, the 2024 Bitcoin CME chart replicates the price action seen in 2023, experiencing similar technical patterns, wave structures, price movements, and specific key indicators.
In a series of statements on X, Charles Hoskinson, the founder of Cardano and CEO of Input Output Global (IOG), outlined his plans to integrate Bitcoin into a decentralized finance (DeFi) ecosystem by 2025. The plan involves leveraging Bitcoin's liquidity and making the project a layer-2 like network.
Bitcoin's price has experienced an extraordinary surge in 2024, climbing nearly 140% from $42,000 to over $100,000. While many investors are celebrating these gains, Messari founder Ryan Selkis remains steadfast in his approach and isn't ready to cash out just yet.
The U.S. Securities and Exchange Commission has charged three Nigerian nationals with defrauding investors of $2.9 million in Bitcoin.
Bitcoin (BTC) is up 6.6% on the day and back above the psychological threshold of $100,000 after US Consumer Price Index (CPI) data came in as forecasted. The U.S. Bureau of Labor Statistics announced Wednesday that CPI had risen 0.3% in November, up 2.7% year-on-year, in line with forecasts.
Vancouver's exploration of Bitcoin as a reserve asset could set a precedent for municipal financial strategies, impacting global crypto adoption. The post Vancouver City Council to discuss proposal exploring Bitcoin as a reserve asset today appeared first on Crypto Briefing.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Cardano (ADA), one of the leading blockchain platforms, has recently encountered a dip in its price, dropping to approximately $1. Despite this pullback, analysts maintain an optimistic outlook.
Andrew Sorrell, Alabama State Auditor General, joined a growing cast of figures calling for strategic Bitcoin reserves in the U.S.
Bitcoin (BTC) has regained ground, trading at $100,582.99 at press time after briefly pulling back to $94,000 earlier this week.
An overdue reset in the Bitcoin funding rate and the return of a strong spot bid are reasons behind BTC's rally above $100,000.
Bitcoin (BTC) briefly surpassed the $101,000 threshold after a 3% surge in the hours following November's Consumer Price Index (CPI) numbers, which came within the 2.7% expectations.
The cryptocurrency market has witnessed an extraordinary turnaround as Bitcoin ($BTC) surges back above $100,000, marking a significant recovery from previous sharp declines. This milestone reignites bullish sentiments across the market, and with Bitcoin currently trading within a bullish pennant, analysts are targeting $127,000 as the next price objective.
XRP, the native token of Ripple Labs, is poised for upside momentum as on-chain metrics, technical analysis, and recent whale activity hint at bullish signals. Recently, a whale transaction tracker, Whale Alert made a post on X (previously Twitter) that 22.08 million XRP tokens worth $46.13 million were transferred from Binance to an unknown wallet.
TL;DR XRP has reached $2.39 per unit, marking an 18.8% increase in the last 24 hours and an accumulated rise of 303% over the past 30 days. The cryptocurrency has shown impulsive movements since November, with experts highlighting its clear upward trend and potential for further growth.
Could Bitcoin really hit $150K under Trump's watch?