The floor price of an Ethereum-based NFT collection called Pudgy Penguins has exceeded the price of Bitcoin on the NFT marketplace OpenSea

Bitcoin (BTC) has recently shown resilience in defending key support levels, especially at the $96,000 mark. After a period of consolidation beneath the psychological $100,000 level, Bitcoin's bulls have managed to keep the price above the mid-range support.

Recently, a notable trend has been observed in the crypto universe: the number of bitcoin addresses holding more than 100 BTC has significantly increased, reaching unprecedented highs in 2024. Whose addresses are these and why have they exploded?

Billionaire investor Ray Dalio thinks macroeconomic trends make gold and Bitcoin (BTC) attractive investment options right now. In a speech in the United Arab Emirates this week, the Bridgewater Associates founder pointed to debt levels in the US, China and all other major economies except for Germany, the South China Morning Post (SCMP) reports.

Meanwhile, altcoins may flounder unless the United States passes rules favoring crypto adoption, the asset manager said.

Bitcoin just regained the $100K mark, and defunct crypto exchange Mt. Gox is back in the spotlight with over 2,300 BTC moving out of its wallet. This sudden transfer has sparked curiosity about the reasons behind these large transfers—are creditor repayments finally on the way, even with the deadline pushed back. Mt.

As 2024 draws to a close, European crypto investment firm CoinShares has released market predictions for the new year. In its report, CoinShares has identified the key trends that could dominate the crypto industry in 2025.

Data shows that the sentiment of Bitcoin has cooled off from extreme greed as bearish price action continues for BTC and other cryptocurrencies.

Bitcoin (BTC) recaptured the vital $100,000 threshold on Wednesday, following weeks of consolidation below it. This rebound has been attributed to rising confidence in the digital currency sector's future regulatory environment under President-elect Donald Trump.

After consolidating around $96,000 for a while, Bitcoin price has staged a strong bounce back gaining 3.5% in the last 24 hours shooting past $101,000. The bullish sentiment followed the US CPI inflation data release on Wednesday.

Spot Bitcoin exchange-traded funds in the United States recorded their tenth consecutive day of inflows on Dec. 11, with $223.03 million entering the funds as Bitcoin climbed back above the $100,000 mark.

CoinShares has predicted a significant rise in Bitcoin yield-focused solutions for 2025, highlighting a shift in how companies utilize cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) has moved NYSE Arca's request to list the Bitwise Bitcoin and Ethereum ETF to the next stage by seeking feedback from the industry.

With the U.S. CPI data meeting expectations, the crypto market has experienced a strong bullish recovery. This further led to the BTC price bouncing back above the $100,000 level.

Bitcoin has once again surged past the $100,000 mark, trading at around $100,500 following the release of U.S. Consumer Price Index (CPI) data for November.

Following a recent mayoral proposal, Vancouver's city council has approved a motion to explore integrating Bitcoin (BTC) into the city's financial strategy.

The crypto market today has been super optimistic with the market capitalization of the industry soaring by 5.25% to $3.64 trillion. This move was catalyzed by Bitcoin reclaiming the $100k mark on its daily chart. Despite the greenish numbers, the trading volume took a hit of 24.07%, settling down at $216.31 billion.

As expected, whales went on an accumulation spree in the past few days.

Bitcoin (BTC) has been experiencing a notable shift in market dynamics, raising questions about its future price movements. Long-term holders, who have traditionally been key players in Bitcoin's market stability, are now starting to sell their holdings.

The transfer of Bitcoin by Mt. Gox may signal upcoming creditor repayments, impacting market liquidity and investor sentiment.

The global crypto market rose 4% on Thursday after Bitcoin regained $100K, driven by positive CPI data and expectations of less aggressive monetary policy. The post Crypto Market Gains 4% in 24 Hours as Bitcoin Holds Firm Above $100K appeared first on Cryptonews.

Key Points:

The Bitcoin (BTC) market has undergone a remarkable recovery this year, largely due to the increased popularity of Bitcoin ETFs. BTC reached an all-time high of $73,000 in the first quarter of the year, sparking a bullish trend that continues today, with a recent high of $104,000.

Bitcoin (BTC) fell to $94,500 yesterday after Microsoft shareholders decisively rejected a Bitcoin treasury proposal to allocate 1% of the company's total assets to buy BTC as an inflation hedge. However, analysts are still confident of further appreciation of the BTC price.

ASIC's digital asset lead compared Bitcoin to cigarettes while responding to questions on proposed Australian crypto regulation.

Thomas Peterffy, the billionaire founder of Interactive Brokers Group, recommended that investors have 2-3% of the net assets in Bitcoin. He said his firm only allowed its clientele to put up to 10% of their total assets into crypto.

Prediction markets were skeptical that such a motion would pass.

Interactive Brokers Chair Thomas Peterffy recommends allocating 2-3% of net worth to Bitcoin but warns against exceeding 10%, calling it "very dangerous." The post Interactive Brokers Chair Warns Against Bitcoin Allocation Over 10% appeared first on Cryptonews.

Elon Musk has once again shattered records, becoming the first person ever to reach a net worth exceeding $400 billion. This achievement marks a historic milestone, driven by surging valuations of his companies, particularly Tesla and SpaceX, along with the remarkable performance of his crypto investments as the Bitcoin price surged past the $100k milestone.

The approved motion proposed that the city turn a portion of its financial reserves into bitcoin and accept taxes in bitcoin.

Bitcoin's price surpasses $100,000, marking a significant milestone in its evolution, driven by robust network growth, institutional adoption, and increased market capitalization.

Bitcoin is currently trading in a mid-range, with long-term holders continuing to take profits.

The crypto prices today showed bullish momentum, with Bitcoin trading above $100K. Major altcoins like Ethereum rose by 6%, while XRP and Solana gained 5% to 6%.

The Vancouver City Council has greenlit a study to integrate Bitcoin despite regulatory constraints and environmental concerns.

At least four of IcomTech's operators are now behind bars after receiving prison sentences of up to 10 years this year.

While Bitcoin (BTC) has previously shown significant momentum in this market cycle, recent insights suggest that liquidity sources beyond Coinbase may be driving the trend. A CryptoQuant analyst, Mignolet, specifically provided a detailed analysis of Bitcoin's market, shedding light on the role of major exchanges like Coinbase and Binance in the ongoing bull cycle.

In a series of public statements, Dennis Porter, CEO and founder of the non-profit advocacy organization Satoshi Act Fund, has raised expectations for what he describes as a landmark announcement related to Bitcoin.

Russian scientists say they have made another breakthrough in the fight against Bitcoin (BTC) and Ethereum (ETH)-powered crime. The post Russian Scientists Say They've Developed a Solution to ‘Fight BTC, ETH-powered Crime' appeared first on Cryptonews.

Vancouver Bitcoin proposal has now been approved to explore the potential benefits of incorporating Bitcoin into the city's financial operations.

Vancouver's exploration of Bitcoin as a reserve asset could influence global municipal financial strategies and crypto adoption debates. The post Vancouver approves motion to explore Bitcoin as a reserve asset appeared first on Crypto Briefing.

Bitcoin price remained supported above the $95,500 zone. BTC is up over 5% and is now trading above the $100,00 resistance zone.

Last week, Bitcoin.com News dropped an editorial that spilled the beans on all the governments clutching bitcoin, whether they snagged it through criminal busts or by mining or buying it.

Bitcoin Hits $100k as SEC Drama Unfolds: ETF Inflows and Regulatory Tensions Set Stage for Crypto Market Volatility.

Bitcoin, the pioneer of cryptocurrencies, is celebrated for its robust security framework. However, as quantum computing makes rapid advancements, this digital asset may face its greatest challenge yet.

The son of US President-elect Donald Trump said that Bitcoin will continue to soar and made an audacious prediction that it will reach $1 million per coin. Related Reading: Tether's USDT Hits New High—330 Million Wallets And Counting Trump Organization Vice President Eric Trump vowed that his father and their family will not cease their support of the firstborn cryptocurrency.

Eric Trump confidently predicted bitcoin will surpass $1 million, crediting the “most pro-crypto president in the history of America” for spearheading a global financial revolution. Eric Trump: Bitcoin to $1M With Most Pro-Crypto President in US History Eric Trump, son of U.S. President-elect Donald Trump, confidently predicted on Dec.

The falling Open Interest indicated that speculators were waiting for the market to make up its mind and break the range.