Cryptocurrency markets are trading lower on Tuesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $91,912.69 -2.9% Ethereum (CRYPTO: ETH) $3,277.87 -4.8% Solana (CRYPTO: SOL) $226.08 -5.1% Dogecoin (CRYPTO: DOGE) $0.3746 -6.8% Shiba Inu (CRYPTO: SHIB) $0.00002385 -6.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 77.4% and daily active addresses up by 16.4%.
Brazils Congressman Eros Biondini proposes a $3 billion Bitcoin Reserve, marking a pivotal step toward integrating crypto into national reserves. This bold strategy aims to hedge against geopolitical and economic risks.
Investors in the world's largest cryptocurrency are anticipating a significant downward move after bitcoin failed to hit an all-time peak of $100,000, according to a crypto trading platform citing recent options activity.
Brazilian legislators in the Chamber of Deputies proposed allocating 5% of the nation's $370 billion treasury to Bitcoin strategic reserve.
Maya Parbhoe, a presidential candidate in Suriname, has unveiled a daring vision to transform her country into the next Bitcoin-powered nation. Drawing inspiration from the success of El Salvador's Bitcoin adoption under President Nayib Bukele, Parbhoe plans to take Suriname even further by building a national economic system deeply embedded in cryptocurrency.
MicroStrategy, with a market cap of around $85 billion, currently holds 331,200 bitcoin worth about $30 billion.
Digital assets-focused investment firm Pantera Capital is celebrating a massive four-figure return on its Bitcoin (BTC) fund, which dates back to 2013. In its latest Blockchain Letter, Pantera Capital CEO Dan Morehead says that the Pantera Bitcoin Fund “recently achieved an insane milestone – 1,000x.
In a step toward integrating crypto into the country's financial framework, Brazilian federal deputy Eros Biondini introduced a bill to create a national Bitcoin reserve.
Bitcoin‘s recent upward momentum appears to be losing steam as the digital asset has shifted toward bearish territory, sparking speculations about upcoming price corrections. However, considering several factors and trends, these much-anticipated price pullbacks for BTC might be short-lived.
Just a week after Bitcoin (BTC) came within touching distance of the historic $100,000 milestone for the first time, the world's largest crypto plummeted Tuesday in a crypto-wide correction.
Stellar Lumens (XLM) has been making waves in the cryptocurrency world recently, showing impressive performance against Bitcoin (BTC) throughout November. The price of XLM has climbed steadily, pushing its value to levels not seen in months.
On Nov. 26, at block height 872,092, a long-dormant stash of 1,965 bitcoin (BTC), valued at a staggering $185.3 million, stirred for the first time in nearly a decade. Vintage 2014 Bitcoin Wallet Awakens: Millions Shift Amid Record Prices As bitcoin hovers above $90,000, trading at $94,342 per coin at 11:40 a.m.
Increased bullish bets on ETH price could fuel the altcoin season calls, BUT
Bitcoin unexpectedly fell under $92,000 on Nov. 25. Do bulls still have a chance to rally to $100,000?
Pantera's Bitcoin Fund realizes an “insane milestone” after BTC's recent surge to new highs.
Pantera Capital CEO Dan Morehead predicts Bitcoin could soar to $740,000, fueled by favorable regulatory shifts and increasing institutional investments. Despite recent market fluctuations, Morehead remains optimistic about Bitcoins long-term growth potential.
Pantera Capital reported an extraordinary milestone for its Bitcoin Fund, which has grown more than 1,000x since its launch in 2013. The fund's performance reflects Bitcoin's (BTC) surging value, now exceeding $90,000 per coin, with a projected long-term trajectory suggesting continued upward momentum.
Bitcoin approaches the $100K mark as Long-Term Holders distribute 507k BTC. The surge in price action sets a new ATH in daily realized profits.
Brazil's Chamber of Deputies will deliberate on a new bill to create a Strategic Bitcoin Reserve for the country. This is significant as it is bullish for Bitcoin's adoption and could mark the genesis of mass adoption among nation-states.
Reply from King BTC? No panic: SAND inspires, XLM intrigues, and Ethereum, always the charming eternal rival.
Pantera Bitcoin Fund has achieved a monumental milestone, delivering a lifetime return of 1,000x, or 131,165% net of fees, since its inception. What Happened: Pantera's founder, Dan Morehead, remains bullish on Bitcoin's (CRYPTO: BTC) long-term potential, projecting the cryptocurrency could reach $740,000 by April 2028.
A Brazillian Congressman has proposed the creation of a national Bitcoin (BTC) reserve in Brazil called Bitcoin Sovereign Strategic Reserve (RESBit – Reserva Estratégica Soberana de Bitcoins, in Portuguese), aiming to diversify the country's Treasury.
But the coin should rally next year, an analyst at the bank said.
Bitcoin's bull run this year has seen on-chain activity surge along with the flagship cryptocurrency's price, to the point the number of daily active addresses is now nearing 1 million after its first prolonged increase in three years.
MicroStrategy Inc (NASDAQ:MSTR) drove market conversations around a “Bitcoin treasury,” whereby companies allocate treasury funds to Bitcoin (CRYPTO: BTC) rather than traditional investments. Rumble Inc (NASDAQ:RUM) followed suit, as revealed in an announcement on Monday.
Marathon Digital Holdings issued an open letter urging the United States to establish a strategic Bitcoin reserve.
Conversations around script upgrades to Bitcoin have become unfocused, irrational, and lost all serious context in the public square.
TL;DR Charles Hoskinson proposes an ecosystem of hybrid apps that allow Bitcoin to be used directly in DeFi applications, without the need for other tokens. The integration between Cardano and Bitcoin would include the use of babel fees, enabling users to pay fees in BTC.
Gibson, Dunn & Crutcher was caught up in a court fight with its client, Swan Bitcoin After the law firm hired a legal representative from a crypto rival, Tether on November 25. Swan claimed that the law firm was engaging in legal malpractice.
The cryptocurrency market is experiencing notable volatility, with key developments surrounding XRP price, Pepe Coin (PEPE), and Bitcoin (BTC). A massive whale transfer has triggered uncertainty in XRP's price, while bold predictions about PEPE's future spark both optimism and scepticism.
Bitcoin ETFs witnessed unprecedented inflows of $3.12 billion last week, setting a new record in digital asset investments, according to CoinShares.
The UK FCA will kick off consultations for crypto regulations, prioritizing stablecoins and trading platforms. Trumps plans for a Bitcoin reserve and pro-crypto policies have intensified global competition, pushing the UK to act before 2026.
Pantera Bitcoin Fund hits 1,000x returns, with Dan Morehead calling Bitcoin the most asymmetric trade in history and projecting further growth. The post Pantera Capital hits 1000x milestone as CEO predicts $740K Bitcoin by 2028 appeared first on Crypto Briefing.
As recent bull market sentiment begins to show its cracks and Bitcoin takes a tumble, layer-1 altcoins appear among the most resilient, with Avalanche, Polkadot, and Fantom as standouts. The post Layer 1 Altcoins Immune to Bitcoin Dip: AVAX, DOT and FTM Price Surge Despite Red Market appeared first on Cryptonews.
Bitcoin (BTC) recently brushed the $99,800 mark, making it tantalizingly close to the elusive $100,000 milestone. This achievement sparks reflection on past trends and the cryptocurrency's potential trajectory in the months and years ahead.
The Bitcoin price recently closed above the median in a bull channel, providing a bullish outlook for the flagship crypto. In line with this, crypto analyst Tony Severino provided insights into what could come next for Bitcoin.
The economist says making Bitcoin a national priority would weaken the U.S. economy, framing BTC as a misallocation of capital.
X user @regothetrader has been buying $30 of Bitcoin ($BTC) via a “dollar cost averaging” (DCA) strategy every day since 2016. Here's how much he has now. The post A Trader Has Been Buying $30 of Bitcoin Every Day Since 2016 – Here's What He Has Today appeared first on Cryptonews.
A recent release states that Semler Scientific now has 1,570 BTC in Bitcoin reserves. The acquisition of 297 BTC for $29.1 million was made with an average price of $97,995 per BTC.
Daily active addresses of Bitcoin are approaching the 1 million mark with a prolonged increase of scale since 2021. 458K addresses brought 344k BTC above the $97,000 price level, laying a strong foundation for Bitcoin to cross the $100K mark.
Bitcoin's price plummeted to the $91K zone, marking a 7% decline from its high of $98,360. Over $687 million in crypto liquidations occurred, with BTC alone accounting for $178.25 million.
Bitcoin has been experiencing a sharp drop, breaking through several key support levels and is currently down by more than four percent. The cryptocurrency recently hit a major rejection point at $99,000 and continued to slide, reaching the next target at $92,000.
Bitcoin's recent pullback has been affected by a reduced U.S. Treasury term premium, which has impacted market sentiment, an analyst said.
In a recent statement, founder and CEO of Pantera Capital Dan Morehead predicts that Bitcoin's price could eventually reach $740,000, Bloomberg reported.
As the Bitcoin market seemed to stabilize, a thunderbolt shook the cryptosphere. The Bitcoin spot ETFs, often viewed as a barometer of institutional trends, recorded massive outflows of $438 million on November 25.
Over $6 billion worth of BTC was scooped by larger investors in November alone.