New York City Mayor Eric Adams was mocked for taking his early 2022 paychecks in Bitcoin—but now its price is skyrocketing.

New York City Mayor Eric Adams is seizing the moment as Bitcoin's (CRYPTO: BTC) value edges closer to the $100,000 mark, up 129% this year. At a press conference on Tuesday, Adams had a pointed message for his skeptics: "Remember y'all laughed at me when I first got my Bitcoin?

MicroStategy's Michael Saylor has projected more gains for Bitcoin (BTC) in the coming months. The Bitcoin bull continues to add more assets to his company's balance sheet on the back of rising institutional investments.

Bitcoin's price remains steady just below the $100,000 milestone, yet major cryptocurrency holders, known as whales, are choosing to play it safe. According to crypto analyst Onat Tutunculer from CryptoQuant, while there is no immediate selling pressure, significant inflows of Bitcoin into exchanges hint at a potential for future market volatility.

Bitcoin miner Hut 8 launched an at-the-market and stock repurchase program to finance its corporate strategic BTC reserve.

BItcoin expected to trade sideways as the market remains in altcoin season.

Botanix Labs, a decentralized layer 2 platform purpose-built for Bitcoin-native decentralized finance, has announced that the final testnet of its solution is live.

France's proposal to tax unrealized Bitcoin gains sparks global debate.

Energy storage company with a market cap of $250 million has announced a new bitcoin reserves strategy.

The downsizing reduces Foundry's headcount from 274 to 200, with US employees accounting for 16% of the layoffs.

After the election, bitcoin's price soared to nearly $100,000, causing MicroStrategy's stock to also rise to over $500 before recently experiencing a significant drop due to short selling concerns, prompting an investigation into potential market opportunities between owning MSTR and BTC, says Glenn Rosenberg.

Virgin Voyages is set to launch a groundbreaking "Annual Pass" program in 2025, offering unlimited cruises for a year, and making a bold move by becoming the first cruise line to accept cryptocurrency payments.

Vladimir Putin has spoken about digital assets again, this time saying—amid ongoing sanctions against Russia—that Bitcoin cannot be banned.

KULR Technology Group announced plans to allocate up to 90% of its cash surplus, including $12 million currently on hand, to Bitcoin. This decision aligns the company with a growing trend of businesses using Bitcoin as a treasury asset.

In our latest Cointelegraph video, we break down the odds of a Bitcoin reserve being created in the US next year and its potential impact on prices.

Bitcoin's MVRV currently stands at +4.2%, indicating that the price is nearing a correction.

On Monday, Foundry, the world's largest Bitcoin mining pool, announced a significant reduction in its workforce, laying off approximately 60% of its staff. This decision, confirmed by a report from Blockspace, affects both US and international staff, reducing the company's headcount from over 250 to around 80-90 employees.

The Aragog testnet as it is known, introduces a set of tools that will form the basis for the mainnet's DeFi offering.

Bitcoin (BTC), the largest cryptocurrency, has an unpredictable tech and economic trajectory. Even if the 21,000,000 BTC supply limit remains intact, we know nothing about the ecosystem of the largest crypto in 20 years, Jameson Lopp admits.

Benchmark cryptocurrency bitcoin (BTC) remains stuck in a sideways trading pattern as the glow of its post-election all-time high continues to dim. Bitcoin nearly shot above the $100,000 price point for the first time ever in the week following Donald Trump's successful election campaign.

As noted by James Check, the lead analyst for Glassnode, business intelligence firm MicroStrategy has a cost basis that is identical to that of your average Bitcoin buyer.

Bitcoin is staring down a hefty sell wall en route to $100,000 as analysts flag that sell orders and inflows to exchanges have been rising.

Bitfinex analysts see bitcoin's path to $100,000 hinging on short-term demand absorbing long-term holder selling.

Russian President Putin criticized holding state reserves in foreign currencies due to confiscation risks.

Key Points:

Russia's Vladimir Putin has made it official—Bitcoin is here to stay, and no one can ban it. Speaking at the Investment Forum in Moscow on December 4, Putin made it clear that he believes crypto is the future.

TL;DR MicroStrategy has achieved a 38.7% increase in its Bitcoin investment during November, accumulating a reserve of 402,100 BTC. The company acquired 149,880 BTC in November and plans to raise $42 billion through its “21/21 Plan” to continue expanding its portfolio. The return on its investment could generate $9.4 billion in net income for shareholders.

Bitcoin has been consolidating below the $100,000 level for twelve consecutive days, marking a pause in its recent historic rally. The aggressive surge since November 5 appears to be cooling off, with market attention gradually shifting toward altcoins.

Virgin Voyages embraces Bitcoin payments, becoming the first cruise line to accept cryptocurrency, signaling a shift toward mainstream crypto adoption.

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Metaplanet, a company listed in Tokyo and active in the technology and financial sectors, has recently announced a revolutionary initiative to reward its shareholders with Bitcoin.

The firm filed a shelf registration statement with SEC for US and Canadian compliance.

The bearish trend has not arrived on the market yet, according to CoinStats.

Despite the recent Bitcoin crash, Ethereum (ETH) price today trades at as of , which is a show of strength. Surprisingly, ETH performance during the recent crash is much better than most altcoins.

Russian President Vladimir Putin firmly asserted that Bitcoin (CRYPTO: BTC) and digital assets are unstoppable, describing them as essential tools for reducing costs and enhancing financial reliability. What Happened: Speaking at the Investment Forum in Moscow on Dec. 4, Putin stated, “Who can ban Bitcoin?

Botanix Lab's bespoke EVM-equivalent, Bitcoin scaling solution is attempting to bring “bitcoin back onchain."

Traders should be prepared for more volatility as BTC approaches the psychological $100k mark.

As Bitcoin (BTC) seeks to claim the $100,000 mark, the asset's historical price movement signals a potential push toward a new all-time high.

Russian President Vladimir Putin on Wednesday questioned the need to hold state reserves in foreign currencies since they could easily be confiscated for political reasons, saying that domestic investment of such reserves was more attractive.

Russian President Vladimir Putin reiterated support for Bitcoin and digital assets as the European powerhouse approached greater crypto adoption.

Bitcoin (CRYPTO: BTC) spot ETFs recorded a total net inflow of $676 million on Tuesday, marking the fourth consecutive day of inflows. What Happened: Among the major players, BlackRock‘s IBIT (NASDAQ:IBIT) ETF led with an impressive daily net inflow of $693 million, while Fidelity‘s (CBOE: FBTC) ETF saw a net inflow of $52.2 million, according to data from SoSo Value.

Hut8 is raising $500 million to, among other things, buy bitcoin as a strategic reserve. It also announced a $250 million stocks buyback.

As Bitcoin is trying to hold above $95k, the market has started to fill with speculations of an upcoming correction. The moving average 100 at $91,700 is supporting the price and has prevented a fall below this price once.

Putin's stance on digital assets highlights a shift towards financial sovereignty and reduced reliance on traditional global systems. The post Putin says no one can ban Bitcoin and digital assets appeared first on Crypto Briefing.

Russian President Vladimir Putin has expressed his optimism for the bright future of Bitcoin (BTC) and digital assets. Putin spoke earlier today and highlighted the notable developments in the web3 space, which has the potential for future growth in the near term amid the escalating global geopolitical differences.

Bitcoin rising retail demand, alongside increasing open interest, signals potential momentum for a $100K price breakthrough.

The total amount of Bitcoin exchange reserves has dropped to its lowest level in years after massive outflows have been seen since the US presidential election in early November led to a massive cryptocurrency market rally.

Russia's President Vladimir Putin expressed support for Bitcoin and digital assets on Wednesday, saying that no one can ban Bitcoin and these assets will continue to develop. The move comes days after Russian President Putin signed landmark law recognizing Bitcoin and crypto assets as properties.