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news-imageDecember 11, 2024

Bitcoin price recaptures $100K following funding reset and Coinbase premium return

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.
Publisher: Cointelegraph
Sentiment: Positive
BTC

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Positive
cover-imageCryptoSlate
December 11, 2024

Alabama state auditor calls to establish Bitcoin reserve

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.

Positive
cover-imageBitcoin
December 11, 2024

Casa Launches Nation-State Bitcoin Self-Custody Solution

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.

Positive
cover-imageBenzinga
December 11, 2024

Bitcoin Reclaims $101,000 As Inflation Hits 2.7% In November: 'Outlook Remains Bullish,' Says Analyst

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.

Positive
cover-imageBitcoin Magazine
December 11, 2024

Why It's Not Too Late to Invest in Bitcoin

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.

Negative
cover-imageThe Currency Analytics
December 11, 2024

Peter Brandt Highlights Two Potential Threats to Bitcoin's Survival

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.

Positive
cover-imageCrypto Daily
December 11, 2024

Bitcoin is Back Above $100,000: What Does This Mean for Altura ($ALU)?

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.

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