Renowned economist Peter Schiff came hard at the U.S. government's endorsement of Bitcoin (CRYPTO: BTC), predicting potential economic consequences. What Happened: On Monday, Schiff took to X to express his concerns over the incoming Donald Trump administration's bet on the world's leading cryptocurrency.

Asset managers have weighed in on Trump's proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy. Asset Managers Divided Over Bitcoin Reserve in Nation's Bold Strategy Discussions about establishing a U.S. strategic bitcoin reserve have intensified following President Donald Trump's re-election.

Bitcoin price is correcting gains below the $96,500 resistance. BTC is now trading below $95,000 and might face hurdles near the $95,750 resistance.

Growing XRP-spot ETF applications highlight investor optimism despite SEC silence on plans to appeal rulings in the Ripple case.

Bitcoin (BTCUSD) is consolidating in a narrow range after hitting a fresh all-time high of $98,370, driven by positive sentiment, and is currently trading around $98,010. Standard Chartereds Price Prediction Analysts at Standard Chartered predict that Bitcoin could reach $125,000 by the end of 2024 and $20000 by end of 2025, fueled by strong market momentum and bullish sentiment.

Bitcoin has long been the leading force in the cryptocurrency market, but recent trends are showing signs that its dominance may be waning. According to renowned cryptocurrency analyst TechDev, this shift presents a major opportunity for altcoins to gain strength and potentially lead the market.

Popular video-sharing platform Rumble Inc. (NASDAQ:RUM) became the latest Wall Street player to embrace the Bitcoin (CRYPTO: BTC) treasury strategy amid the apex cryptocurrency's record-breaking run. What Happened: According to an announcement made Monday, Rumble's board approved a new strategy to allocate a portion of the company's surplus cash reserves to Bitcoin.

Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions.

Dangerous influencer stunts force memecoin platform Pump.fun to pause livestreaming feature indefinitely.

US Bitcoin mining operations are facing significant delays after the Customs and Border Protection (CBP) agency held shipments of Bitmain Antminer devices at multiple ports of entry, Blockspace reported on Nov. 25. The detained equipment includes Bitmain's S21 and T21 application-specific integrated circuits (ASICs), which are essential for Bitcoin mining.

Will Bitcoin ETFs outpace Satoshi's stash before 2025?

If Senator Ted Cruz of Texas gets his way, he wants the state to be the “oasis of Bitcoin.” For Cruz, the primary hurdle to full Bitcoin adoption is the federal government itself, particularly its left-leaning policies.

Bitcoin took a tumble today, hitting an intraday low of $92,584 per coin—a noticeable drop from its earlier perch at $98,000. Bitcoin Slips 4.6% to $92.5K as $118M in Long Positions Gets Wiped Out By 7:36 p.m. EDT, bitcoin (BTC) was down 4.6% against the U.S. dollar.

The crypto market witnessed a significant milestone last week as investment products recorded roughly $3.13 billion in net inflows globally, primarily driven by US spot Bitcoin exchange-traded funds (ETFs), according to data from CoinShares. This surge highlights growing institutional interest and confidence in the crypto market, with Bitcoin leading the charge.

Traders have witnessed a massive half-billion dollar amount of crypto liquidations in a day after Bitcoin dropped to its lowest price in the past week. According to Coinglass's data on Nov.

Defying skeptics, Bitcoin (BTC) has nearly reached the once-unimaginable $100,000 milestone after trading at $0.0009 in 2009.

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Rumble, a video-sharing platform and cloud services provider, has announced its decision to allocate up to $20 million of its corporate treasury to Bitcoin. The move, approved by its Board of Directors, underscores the company's commitment to diversifying its cash reserves and expanding its presence in the cryptocurrency sector.

Investor optimism was sparked by Shiba Inu's recent successful breakout from its consolidation phase. Despite this, there has not been a noticeable acceleration in price movement, suggesting that the rally has stalled.

Rumble has become the latest company to confirm plans to add Bitcoin to its balance sheet after its CEO teased the idea on social media on Nov. 20.

ZA Bank combines traditional banking with digital assets to offer cryptocurrency services to retail users. Bitcoin Trading for Retail Customers in Asia Zhong An (ZA) Bank, a digital bank in Hong Kong, has declared that it has become the first bank in Asia to provide retail customers with bitcoin trading services.

Market makers may be intentionally driving prices down to trigger a liquidation of leveraged longs, Decrypt was told.

Bitcoin continues to flirt with $100,000, Binance has emerged as a dominant force in the global cryptocurrency landscape. Recent reports by crypto analyst Ki Young Ju reveal that Binance's customer Bitcoin balances have surged by 25% in 2024, reinforcing its position as a key player in the industry.

The timing and extent of Rumble's Bitcoin purchases will depend on market conditions, trading prices, and the company's liquidity needs

Rumble announces plans to invest up to $20M in Bitcoin from cash reserves, highlighting its role as an inflation hedge and strategic asset. The post Rumble to invest up to $20 million in Bitcoin from its cash reserves appeared first on Crypto Briefing.

Cantor Fitzgerald is reportedly seeking support for its planned $2 billion bitcoin lending project from Tether. The firms are discussing expanding their existing collaboration to include this planned program in which Cantor Fitzgerald would lend dollars to clients who put up bitcoin for collateral, Bloomberg reported Sunday (Nov. 24).

Bitcoin slips to $93,839 amid technical resistance and market reaction to Jim Cramer's endorsement. Key levels to watch: $93,500 support and $95,161 resistance. The post Bitcoin Dances Around $100k, While Elon Musk Fires Shots At Jim Cramer For Suspected BTC Price “Reversal” Role appeared first on Cryptonews.

Digital assets manager CoinShares says institutional investors dropped over three billion dollars into crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in net inflows of $3.13 billion last week, a new inflow record.

Robert Kiyosaki, the celebrated author of Rich Dad Poor Dad, is no stranger to making bold statements about Bitcoin (BTC). Known for his provocative financial insights, Kiyosaki has once again captured the crypto community's attention with a jaw-dropping prediction that Bitcoin could hit $500,000 by 2025.

On-chain data shows exchanges have continued to receive stablecoin deposits recently, a sign that could be bullish for Bitcoin and other digital assets. Stablecoin Exchange Netflow Has Remained Positive Recently As pointed out by an analyst in a CryptoQuant Quicktake post, stablecoins have been flowing into exchanges recently.

A prominent crypto influencer has criticized Bitcoin (BTC) for being an antithesis of its founder's vision. Justin Bons, a vocal BTC critic and the founder and CIO of Cyber Capital, took to X to slam the premier crypto for failing to uphold Satoshi Nakomoto's dream of being a P2P digital cash and gold.

Long liquidations and profit-taking from long-term Bitcoin holders are the primary factors in today's sell-off. When will the dip buyers show up?

Long liquidations and profit-taking from long-term Bitcoin holders are the primary factors in today's sell-off. When will the dip buyers show up?

Bitcoin has yet to hit $100,000. The cryptocurrency traded lower Monday afternoon after prices rose more than 40% over the last month.

Bitcoin has witnessed a massive shift in market dynamics, with $6 billion worth of BTC being withdrawn from exchanges over the past week. This significant movement reflects growing confidence among retail investors, who are increasingly driving accumulation while whale activity appears to decline.

Bitcoin IRA co-founder and COO Chris Kline joins CoinDesk to discuss bitcoin's recent activities as investors wonder when BTC will reach the milestone $100,000 mark. Plus, insights into the liquidity concerns surrounding spot bitcoin ETFs and MicroStrategy adding another $5.4 billion of bitcoin.

Tim Draper, a prominent venture capitalist and cryptocurrency enthusiast, has made Bitcoin price predictions since 2014. That year, Draper predicted Bitcoin to be $10,000 by the end of 2017.

A sizeable well wall is blocking Bitcoin from breaching the $100,000 threshold, despite the bullish frenzy for the largest cryptocurrency by market cap. CoinDesk's Christine Lee explains on "Chart of the Day.

Bitcoin's recent price surge has been accompanied by increasing signs of greed among long-term holders, according to data from the Net Unrealized Profit/Loss (NUPL) indicator. NUPL tracks the unrealized profit or loss of Bitcoin holders, and when long-term holders start showing signs of greed, it often signals that the market is approaching a top.

Unlike the last cycle, a Bitcoin pullback may not trigger a drastic altcoin crash, but a correction is still inevitable.

Long-term Bitcoin holders are showing signs of growing greed as the price of BTC steadily approaches the $100,000 mark. A crypto analyst has underscored the significance of this market trend, highlighting that a possible Bitcoin market top could be incoming in the next few months.

The Solana memecoin launchpad Pump Fun has announced the indefinite suspension of its live streaming feature. The decision to sunset this service comes after the protocol faced backlash in relation to the abusive use of the live stream feature.

Maya Parbhoe, a presidential candidate for the South American nation of Suriname, has an ambitious vision for her country. Taking inspiration from El Salvador's Bitcoin strategy, she aims to build a Bitcoin nation even more deeply rooted in crypto than Nayib Bukele's El Salvador.

Bloombergs James Seyffart has shared insights on the challenges facing XRP and SOL ETFs, predicting potential approval by 2025. Regulatory hurdles like compliance and market manipulation remain, but changes in SEC leadership could reshape the landscape.

ETH advanced 4% during the day, outperforming BTC's 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index. The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted.

Popular meme coin creation platform Pump.fun disabled the livestream feature after it was used for an array of controversial streams.

Semler Scientific, a healthcare-focused technology company, announced an update on its Bitcoin holdings, revealing the acquisition of an additional 297 BTC between November 18 and November 22, 2024. The company spent $29.1 million on these purchases, with an average price of $97,995 per Bitcoin, including associated fees.

Cryptocurrency markets are trading lower on Monday, with Ethereum a notable outperformer. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,748.63 -1.6% Ethereum (CRYPTO: ETH) $3,482.07 +4.7% Solana (CRYPTO: SOL) $240.19 -3.6% Dogecoin (CRYPTO: DOGE) $0.4052 -3.3% Shiba Inu (CRYPTO: SHIB) $0.00002568 +2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22% and daily active addresses falling by 8.4%.