The Swiss canton Bern voted in favor of a legislation commissioning a report on the viability of Bitcoin mining in using excess power generation. Switzerland remains a top crypto friendly country with hydroelectric power and a suitable cool climate.

Bitcoin climbed back to the key $95,000 threshold on Thursday after the release of the personal consumption expenditures (PCE) price index, which came in as expected, according to QCP Capital. Bitcoin and Ether on the Rise The rebound marks a steadying of the crypto market, with bitcoin (BTC) finding a solid foothold at critical levels.

Swiss policymaker Samuel Kullmann garnered a sweeping majority of votes for a Bitcoin mining study focused on optimizing the local power infrastructure.

Bern's Bitcoin Parliamentary Group is calling the commissioning of the report a victory, although the executive branch is opposed to it.

Samuel Kullmann, a member of the Swiss canton of Bern parliament, passed legislation to explore Bitcoin (BTC) mining as a potential solution to address surplus electricity production in the region.

The founder of the Cardano (ADA) blockchain Charles Hoskinson is leaning bullish on Bitcoin (BTC). Hoskinson says Bitcoin could skyrocket by up to 436% from the current level within two years. According to the Cardano founder, Bitcoin's surge will be fueled by growing demand.

Bitcoin recently experienced a small retrace from its all-time high of $99,800, dropping to a low of $90,700. Despite this pullback, the price action remains bullish as BTC shows resilience and recovers from the dip.

Is Bitcoin the future of pensions or a ticking time bomb for retirees' savings?

A wallet linked to Ethereum co-founder and core developer Jeffrey Wilcke moved a huge chunk of 20,000 ETH worth millions of dollars to U.S. cryptocurrency exchange Kraken.

New data from market analytics firm IntoTheBlock reveals that over 90% of Ethereum (ETH) holders are now in the green.

Ethereum price has struggled to find its rhythms above USD 3,500 mark despite the recent rally. However

Bern's exploration of Bitcoin mining could position it as a leader in crypto innovation, potentially boosting local economy and renewable energy use. The post Switzerland's Canton of Bern approves proposal to explore Bitcoin mining as solution to energy waste appeared first on Crypto Briefing.

Bitcoin (BTC) is approaching a $2 trillion market cap, currently at $1.89 trillion, after rising 38% in the past month and breaking new all-time highs in November. Expectations remain high as BTC price nears the $100,000 milestone, a level it is less than 5% away from reaching.

Bitcoin continues to defy bearish predictions, trading above the crucial $95,000 level and gaining over 3% in the last 24 hours. While the cryptocurrency market is known for its volatility, Bitcoin's resilience today is a testament to the factors supporting its bullish momentum.

Top American Bitcoin miner Marathon Digital (renamed to MARA) has added an additional 6,474 Bitcoin worth roughly $615 million through its recent 0% $1 billion convertible notes offering. The Bitcoin mining giant has set aside $160 million in remaining proceeds to buy more of the leading cryptocurrency at market dips.

Bitcoin (BTC) continues to face resistance at the psychologically important $100,000 threshold, and there has been a shift in investor focus from BTC to altcoins. Notably, tokens that rallied in the 2021 bull run and metaverse tokens like Decentraland (MANA) and Sandbox (SAND) have witnessed a resurgence in trade volume across centralized exchanges like Upbit.

The parliament of the Swiss canton of Bern has passed legislation to study Bitcoin mining, according to Samuel Kullmann, a Bitcoin-friendly member of the right-wing populist Federal Democratic Union of Switzerland (EDU) party.

The price of Ethereum (ETH) has bounced back after crossing the $3,400 mark. The largest altcoin has reached a high of $3,570 at the time of writing.

Embattled crypto lending platform Celsius is announcing a plan to distribute hundreds of millions of dollars worth of Bitcoin (BTC) and cash to its creditors.

Metaplanet announced today that it will be issuing its Moving Strike Stock Acquisition Rights. The business will strengthen its position as Asia's first Bitcoin Treasury Company.

Total TVL has increased by more than 205% from $16.6 billion in November 2023. The increase to more than $51 billion TVL was mainly caused by Arbitrum One and Base.

The recent overturning of Tornado Cash sanctions has sparked significant excitement in the crypto industry.

Ethereum (ETH) co-founder Jeffrey Wilcke transferred 20,000 ETH, equivalent to over $72 million, to Kraken on Nov. 28. His wallet still holds 106,006 ETH.

The Ethereum (ETH) price rallied by about 10% on Wednesday to clear the $3,550 resistance zone very swiftly. Interestingly, this bullish price action has led to a bullish signal on a popular indicator used for predicting price outlook.

MARA grows BTC holdings to 34,797 BTC, valued at $3.3B, following a $1B convertible note offering and 6,474 BTC purchases in November

MicroStrategy, once hailed as a trailblazer for its audacious Bitcoin (BTC) investment strategy, is now under the microscope after a dramatic $30 billion loss in market capitalization within four days. This steep decline, triggered by Bitcoin's price correction, has reignited debates about the risks of the company's heavily leveraged crypto-centric approach.

A closely followed crypto analyst says he believes Bitcoin (BTC) may be on the verge of a Thanksgiving breakout. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 91,000 followers that Bitcoin may surge by nearly 4% during the holiday.

Bitcoin today celebrates the 12th anniversary of its first halving, a historic event that halved miners' rewards from 50 to 25 BTC per block. This date marks the beginning of a series of transformations that have shaped the economy of Satoshi Nakamoto's invention, now valued at over 95,000 dollars.

Ethereum has been making waves in the crypto market, reaching its highest levels since June after hitting a local high of $3,688 just hours ago. This impressive price action has sparked excitement among investors and analysts, with many anticipating further surges in the coming hours.

BlackRock's increased investment in IBIT highlights growing institutional confidence in Bitcoin, potentially influencing broader market dynamics. The post BlackRock holds $78 million in IBIT shares across two investment funds, new filings reveal appeared first on Crypto Briefing.

Investors ramping up their appetite for bitcoin could lead the crypto to soar 136% in the coming years, one analyst says.

Metaplanet, a Japanese investment firm, has announced plans to raise $62 million by issuing stock acquisition rights to EVO Fund. The raised funds will be allocated to buying more Bitcoin for its treasury management.

In a recent interview with Indian media outlet Money Control, billionaire Tim Draper said that Bitcoin, the leading cryptocurrency, is still "cheap" despite recently approaching the $100,000 level.

BTC's price decline and lower volatility contrast with Ethereum's rising dominance in derivatives. Ethereum's market cap is $428 billion, second to Bitcoin, according to CoinMarketCap.

Microsoft placed an "assessment in investing in bitcoin" as a shareholder voting item on the agenda for its annual meeting on Dec. 10.

As Bitcoin is regaining significant upward strength, a notable trend has been spotted among long-term holders as indicated by a huge drop in the average age of wallets holding BTC. The trend demonstrates shifting market dynamics, prompting the modification of positions by retail and institutional players in anticipation of future price fluctuations.

Bitcoin's path to $100,000 is supported by strong institutional interest, macroeconomic trends, and miner confidence.

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Ethereum blockchain co-founder Charles Hoskinson has predicted that Bitcoin could soar as high as $500,000 within the next two years, according to a new video posted this week by the Cardano founder. Hoskinson's commentary comes shortly after Satoshi Nakamoto-created nearly soared past $100,000 in value just last week. The post ETH Co-Founder Charles Hoskinson Predicts Bitcoin Could Hit $500,000 Within 2 Years appeared first on Cryptonews.

Key Points of the News: TON Teleport BTC launches its white paper and activates its testnet, marking a key step toward integrating Bitcoin into The Open Network ecosystem. This decentralized bridge enables secure Bitcoin transfers through smart contracts, ensuring interoperability and autonomy for users.

Jeffrey Wilcke, the Ethereum co-founder and early holder, sent another 20K ETH to Kraken. The move sparked fears of a local ETH price top and a drawdown as ETH crossed $3,500 again.

The incoming Trump administration is reportedly planning to grant the Commodity Futures Trading Commission (CFTC) greater regulatory control over Bitcoin (BTC) and Ethereum (ETH) spot markets, potentially reducing the Securities and Exchange Commission's (SEC) role. This move aims to clarify regulatory responsibilities and reduce enforcement-driven approaches, fostering a more innovation-friendly environment in the United States crypto market.

Bitcoins plunge to $90,000, followed by a recovery to $95,719, has sparked attention from analysts. They cite reduced profit-taking by long-term holders as the key factor behind the correction, possibly signaling that Bitcoin has already reached a local bottom.

The digital assets landscape saw bullish actions today, with the global crypto market cap surging 1.78% to $3.32 trillion. The upside came as Bitcoin rebounded to a daily high of $97,357 early today. BTC changes hands at $95,650 at press time as enthusiasts await the highly sought-after $100,000 milestone.

Ethereum has outpaced Bitcoin over the past week as the cryptocurrency market continues to show a bullish outlook.

The Shiba Inu price is currently witnessing a significant correction alongside Bitcoin. However, crypto analysts have suggested that Shiba Inu can experience a parabolic rally if the flagship crypto were to enjoy a bullish reversal above $100,000.

While Bitcoin (BTC) has reached new all-time highs this month, the Ethereum price has failed to experience a significant rally, befitting its position as the second-largest cryptocurrency by market capitalization. However, a crypto analyst suggests that this bearish price action could soon end, as Ethereum (ETH) appears to be repeating its breakout pattern from the 2017 to 2018 cycle.

Bitcoin is at a critical juncture, where it can move in either direction. However, an upward movement is more likely.