Solidion Technology has announced a corporate treasury strategy involving buying Bitcoin using excess cash reserves. The company said in a press release that Bitcoin is a strategic asset and, therefore, a long-term store of value.

Jack Mallers reveals why Bitcoin isn't just an inflation hedge but the ultimate financial solution—highlighting its unmatched scarcity in a world where everything else multiplies like rabbits.

After a strong nine-day bullish streak, Bitcoin (BTC) dropped by 5.87%, falling from a peak of $91,765 to a low of $86,682. Pennsylvania's new bill allows the state treasury to invest up to 10% of its $7 billion fund in Bitcoin to hedge against inflation.

Thumzup Media Corporation, a social media marketing company based in Los Angeles, announced its entry into the crypto space with plans to purchase up to $1 million in Bitcoin.

ADA has soared past $0.65, XRP is close to $0.9.

Bitcoin has experienced a whirlwind of volatility following its recent all-time high of $93,483 set on Wednesday. Over the past few days, the price has oscillated between this record level and a low of $85,100, indicating the potential onset of a consolidation phase before the next major move.

An analysis from QCP Capital highlights bitcoin's latest breakout and future trends. QCP: Bitcoin's Rally Tied to Inflation Data, Trump Policies, and Market Shifts Bitcoin (BTC) achieved a record high of $93.4K during the New York trading session, according to the market update from QCP Capital. QCP analysts noted that the rally occurred following U.S.

CME's new Bitcoin Friday Futures weekly contracts have seen a significant uptick in institutional interest.

Shinobi argued that the surge of institutional bitcoin adoption will lead to premature ossification of the Bitcoin protocol. While I share this concern to an extent, I am less convinced this is necessarily true.

Crypto retail investor demand has surged to a multi-month high, targeting memecoins and DeFi tokens, analyst says.

Ripple's (CRYPTO: XRP) rally is increasingly gaining momentum amid whale accumulation and increased optimism from traders. What Happened: XRP surged 22% on Friday, bringing its seven-day gains to 57%.

The user held BTC from when it was worth $0.06 all the way up to $90,000.

In a recent interview on CNBC's “Squawk Box,” Matthew Sigel, Head of Digital Assets Research at VanEck, predicted that Bitcoin's current rally is “just getting started” and is expected to continue for at least two more quarters.

Interest in Lummis's Bitcoin Act of 2024 grows amid Trump's victory and Bitcoins all-time high, highlighting its potential impact on US finance. The post Senator Lummis files ‘Bitcoin Act of 2024' bill proposing a US strategic BTC reserve appeared first on Crypto Briefing.

A Bitcoin investor from BTC's early days has resurfaced, achieving an astronomical 1,491,666,566% gain on their holdings. This incredible return stems from a hoard of 2,000 BTC, originally purchased at a low price of $0.06 per Bitcoin.

TL;DR Pennsylvania introduces bill to integrate bitcoin into its state reserves. The Pennsylvania Bitcoin Strategic Reserve Act proposes that the state reserve up to 10% of its funds in bitcoin. This project seeks to diversify investments and combat inflation, making Pennsylvania a leader in financial innovation.

After a notable upside rally across the cryptocurrency industry, the market is now facing a price correction, including Bitcoin (BTC). Amid this price correction, whales and institutions appear to be accumulating and adopting BTC, as reported by local media across the globe.

The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.

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In one of the most significant cryptocurrency crime cases to date, Ilya Lichtenstein, who orchestrated the theft of 120,000 bitcoin from Bitfinex in 2016, was sentenced to five years in prison. The stolen Bitcoin (CRYPTO: BTC), worth $71 million at the time, is now valued at over $7.6 billion.

Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), delivered a detailed address on Nov. 14 at the PLI Annual Institute on Securities Regulation. His remarks highlighted the SEC's approach to crypto regulation while repeatedly identifying the difference the SEC sees between altcoins and Bitcoin.

The spot Bitcoin Exchange-Traded Funds (ETFs) market continues to see increased adoption, with 13 new disclosures submitted recently. Prominent investment banking firm Goldman Sachs is among the latest investors expanding their Bitcoin portfolios.

The Bitcoin market has been strong again during the past week, as we continue to see the $90,000 level offer a bit of a barrier. At this point in time, the market looks as if it is trying to find some more momentum.

Goldman Sachs (NYSE:GS) has dramatically increased its exposure to Bitcoin (CRYPTO: BTC) ETFs, according to its latest 13F filing with the U.S. Securities and Exchange Commission (SEC), reflecting growing institutional interest in digital assets. What Happened: The Wall Street powerhouse disclosed $710 million invested across multiple Bitcoin exchange-traded funds (ETFs) for the quarter ending September 30.

Goldman's August crypto holdings were smaller, making the recent $710 million position a strategic shift amid growing institutional interest.

What is the Ripple Effect? And what is the Ripple Effect on XRP?

Bitcoin was firmly in the limelight this week after the world's largest cryptocurrency smashed past previous records to clinch an all-time high of more than $93,000 at the mid-week point. While Thursday saw a bout of profit-taking, the BTC/USD has pushed higher this Friday, although the $90,000 price point remains out of reach at the time of writing.

ASICKey has launched its latest lineup of cryptocurrency miners amid renewed interest in Bitcoin mining driven by the rebound in prices. The post ASICKey Unveils New Bitcoin Miners as Price Surge Restores Interest in Mining appeared first on Cryptonews.

After an extended period of consolidation below the $0.60 mark, XRP is signaling a potential breakout, with the token now eyeing the elusive $1 milestone.

XRP, one of the most talked-about cryptocurrencies, has faced a period of lackluster price action, frustrating many investors. Despite trading significantly below its all-time high (ATH), some experts believe that XRP could be on the verge of a dramatic rally that will see it surpass its previous record within weeks.

The US bitcoin ETFs saw combined outflows of $400 million on Thursday following remarks by Fed's chair Jerome Powell that there is no rush to cut rates.

Greenidge Generation Holdings Inc. will continue operating its Dresden, New York, facility following a legal victory against the state's Department of Environmental Conservation. According to a Nov.

The Bitcoin market has been slightly bullish during the early hours of Friday, as the market continues to pressure the $90,000 level. This is an area that I think will continue to attract a lot of attention at this point in time.

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Thumzup Media Corporation has announced the approval of a $1 million Bitcoin purchase, marking a key development in its financial strategy. The company's Board of Directors greenlit the decision, aimed at bolstering its treasury reserves with Bitcoin, an asset increasingly regarded for its inflation-resistant properties.

Solidion Technology, a US company listed on Nasdaq and a leader in the supply of battery materials, has revealed a significant shift in its capital management strategy with Bitcoin. The company announced that it will allocate 60% of the excess cash generated from operations to the purchase of bitcoin.

In the last 24 hours, XRP trading volume has increased by 81%, as the cryptocurrency market faced a sell-off that resulted in nearly $504 million in futures liquidations.

In the last three days, Bitcoin miners have moved a total of 45,000 BTC to exchanges, with significant transfers, with the sell off putting some selling pressure on BTC price.

Story Highlights Ripple price reclaims the $0.80 mark for the first time since 14th July 2023. Gary Gensler's resignation sparks price to soar over 30% within hours. Bullish action could push the XRP price toward $1 soon. The XRP price has outperformed the top cryptocurrencies with a meteoric rise in its valuation.

Goldman Sachs' latest SEC filing revealed that the global investment firm holds approximately $718 million worth of shares in eight Bitcoin ETFs. According to Goldman Sachs‘ 13F report filed with the United States Securities and Exchange Commission on Nov.

XRP has been experiencing a significant increase in on-chain activity, which has resulted in a recent surge in its popularity. Analysts and investors have expressed interest in the XRP Ledger, Ripple's digital payment platform, due to its increased transaction throughput.

Even a small allocation of Bitcoin in a traditional investment fund can be beneficial.

Ripple CEO Brad Garlinghouse has taken to X to comment on Bitwise's recent ETF filing that includes exposure to the XRP token. "XRP, BTC, ETH, SOL — that's the alphabet soup I like to see," Garlinghouse said in his social media post.

Prominent Bitcoin analyst Willy Woo recently shared his insights on social media platform X (formerly Twitter), forecasting Bitcoin's upcoming price movements. According to Woo, Bitcoin is currently navigating a phase of unfettered price discovery, having broken into new all-time highs.

Goldman Sachs has made a bold move by investing approx. $718 million in Bitcoin ETFs, signaling a surge in institutional interest.

Pennsylvania could invest up to 10% of its treasury funds into Bitcoin if this newly introduced bill is passed.

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Goldman Sachs has significantly increased its Bitcoin ETF investments, signaling growing institutional interest in cryptocurrencies.