Republican Senator Cynthia Lummis says converting gold reserves into Bitcoin could strengthen the U.S. government's finances.

The financial market of 2024 feels like it's having an identity crisis. Structured and disciplined on one side, chaotic and high on adrenaline on the other.

In May 2010, programmer Laszlo Hanyecz traded 10,000 bitcoins for two pizzas. Those bitcoins would be worth $990 million at today's prices.

Bitcoin, the undisputed king of cryptocurrencies, is on the brink of achieving a historic milestone. The digital asset surged past $99,000, reaching nearly $99,400, according to Coinbase data.

US spot Bitcoin exchange-traded funds (ETFs) received over $2.4 billion in inflows last week. In contrast, China-based ETFs experienced significant outflows, with over $2 billion withdrawn during the same week.

Dive into Cipher Mining's Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and plans for AI/HPC. Discover what's next for this Bitcoin miner! The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov.

Ethereum (ETH) has been experiencing a period of relative stability above the $3,000 mark, but recent fluctuations in the ETH/BTC pair are catching the attention of investors. As the ETH/BTC pair hits its lowest level since 2021, traders from key markets such as Korea and the U.S. are seizing the opportunity to accumulate Ethereum, believing the token is undervalued at current prices.

As crypto buyers and enthusiasts eagerly await the anticipated alt season, Bitcoin effortlessly makes new ATH every 12 hours. Simultaneously, three coins have emerged as red-hot picks: $MASH, SUI, and TON.

Bitcoin ETFs are seeing record inflows while Chinese ETFs are experiencing historic outflows, revealing future trends.

The price of Bitcoin picked up this week from where it left off in the previous week, forging successive all-time highs in the past seven-day span. Over the last few days, the big question on everyone's mind has been — when will the premier cryptocurrency surpass the $100,000 level?

Bitcoin miners have been actively reducing their holdings in recent weeks as the coin's price continues to hover below the critical $100,000 mark. At press time, the leading coin trades at $98,535, noting a 1% decline from its all-time high of $99,860 recorded during Friday session.

Bitcoin (BTC) continued to make headlines Saturday as it approached the highly anticipated $100,000 milestone. Notably, earlier the previous day, the leading cryptocurrency updated its historical high, reaching $99,655 before recoiling slightly.

As Bitcoin continues its race to break the $100,000 mark, altcoins are raking in massive gains. Ethereum (ETH), the second-largest cryptocurrency, climbed 3.25% to $3,424.59 on Saturday, but its weekly gains of 7.83% exceed that of Bitcoin, CryptoSlate data indicates.

The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. Bitcoin pushed the financial innovation envelope in many directions.

In a recent blog post, VanEck's Digital Assets Investment Analyst Nathan Frankovitz and Head of Digital Assets Research Matthew Sigel report that Bitcoin's price has surged in a high-volatility, post-election rally. The VanEck analysts state that Bitcoin is now in uncharted territory with no technical price resistance.

Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.

Robert Kiyosaki, the famous author of the best-selling finance book Rich Dad Poor Dad, has ripped into an anonymous gold bug for criticizing Microstrategy's Bitcoin plan. The author described the anonymous individual as a loudmouth, labeling them a hypocrite for attacking Microstrategy CEO Michael Saylor.

VanEck has reaffirmed its ambitious $180,000 price target for Bitcoin, forecasting this milestone at the peak of the ongoing market cycle. The post VanEck Reaffirms Bold $180K Bitcoin Price Target for Current Cycle appeared first on Cryptonews.

Bitcoin has finally reached the monumental $100,000 mark. While some exchanges show it just shy at $99,800, others like Coinbase are already celebrating Bitcoin over $100K. Regardless of the exact number, the milestone is here, and it's generating a massive buzz.

Vaneck analysts Nathan Frankovitz and Matthew Sigel believe bitcoin's price surge to record highs reflects a transformative moment for the digital asset, with a potential cycle target of $180,000 driven by favorable U.S. regulatory developments.

As Bitcoin (BTC) hovers near $100,000, momentum indicators suggest the asset will likely see further upside beyond this much-anticipated level.

A crypto analyst who accurately forecasted the Bitcoin price increase to the $99,000 All-Time High (ATH) has just released a more detailed analysis of his prediction. The analyst shared a chart highlighting crucial technical indicators and price movements that suggest the cryptocurrency could be gearing up for an even higher ATH.

Bitcoin approaches the $100,000 milestone, driven by surging ETF demand even as long-term holders take profits.

Rich Dad Poor Dad author Robert Kiyosaki lauds Michael Saylor as a “genius” for leveraging MicroStrategy's resources to build a multibillion-dollar Bitcoin cache.

Justin Bons, founder and CIO of Cybercapital, a European cryptocurrency fund, alerted about the vulnerability of smaller parties in the case of a bitcoin bank run. A price drop event would trigger the hypothetical event, forcing miners to shut down their operations due to unprofitability and affecting network operativity.

The current CryptoQuant Bitcoin exchange reserve metric is roughly 2.5 million coins — the lowest level recorded during this market cycle.

Investors are currently as greedy as they were when bitcoin crushed $47,000 during the bull run in February 2021.

VanEck analysts forecast Bitcoin price will hit $180,000 in 18 months, by favorable regulations, rising institutional interest, and a changing market structure, though they caution about short-term risks. VanEck has reaffirmed Bitcoin price target of $180,000, predicting the cryptocurrency will reach this level within 18 months.

On-chain data shows a majority of the Bitcoin supply hasn't moved in more than two years, despite the fact that BTC has seen a significant uplift during this period. Bitcoin Inactive Supply Trend Suggests HODLing Behavior Remains Strong In a new post on X, Glassnode co-founder Rafael has discussed about the trend in the various bands of the Bitcoin Active Supply.

Allianz, Europe's second-largest insurer and Germany's largest, has made a significant move into the cryptocurrency space by acquiring a substantial portion of MicroStrategy's $2.6 billion convertible bond.

Cramer has had a somewhat controversial history with bitcoin and crypto.

Bitcoin (BTC), the world's largest cryptocurrency by market cap, is making waves in the crypto market with its impressive performance. Amid this bullish sentiment, a prominent crypto expert posted on X (formerly Twitter) today, November 23, 2024, highlighting that Bitcoin whales have made significant purchases over the past four trading days.

Robert Kiyosaki lauded Saylor as a “genius” in a recent X post. Saylor got praise from the author for allocating business funds to Bitcoin.

Cboe claims that the options will provide consumers with exposure to spot bitcoin ETFs. Cboe Bitcoin US ETF Index is set to debut on Monday, Dec. 2.

A banana duct-taped to a wall sold for $6.2 million. That's right.

MARA Holdings Inc., the largest publicly traded bitcoin mining firm, has wrapped up a $1 billion issuance of 0% convertible senior notes set to mature in 2030.

Bitcoin has continued to capture headlines with its remarkable rally, pushing through new all-time highs despite a surge in selling activity by long-term holders. At the time of writing, Bitcoin (BTC) trades at $97,350 with a market cap of $1.92 trillion.

As Bitcoin's price rushes toward $100K, a Shanghai judge just ruled that cryptocurrencies are legal to own in China. Here's what that could mean for BTC's future.

As Bitcoin surges toward the $100,000 mark, touching a new all-time high of $99,655.50, the non-fungible token (NFT) sales volume has shown a drop of 9.6% to $160.9 million. The global cryptocurrency market capitalization has continued to surge, reaching $3.

Bitcoin miner MARA Holdings has expanded its cryptocurrency portfolio, purchasing an additional 5,771 BTC for $573 million. The acquisition was completed at an average price of $95,554 per BTC.

With bitcoin reaching unprecedented heights, critics have come out in full force, dusting off age-old arguments. The tired accusations resurface: calling it a pyramid scheme, claiming it's worthless because it isn't physical, or likening it to the infamous Tulip mania. These overused jabs seem to have become a standard playlist whenever bitcoin captures attention.

Bitcoin predictions easily favor a six-figure BTC price by the start of 2025, but sell-side pressure keeps growing.

Bitcoin's ongoing price surge, which has seen the cryptocurrency near the $100,000 mark, is showing striking similarities to the bull market of 2020, according to Ki Young Ju, the CEO of CryptoQuant. In a recent Twitter thread, Ju explained that Bitcoin's current rally appears to be driven by a pattern of long-term accumulation by large investors, or “whales,” similar to the behavior observed during the last major market surge.

Bitcoin's price action has historically benefited from economic concerns and issues in the banking industry.

Investor and author of the best-selling personal finance book Rich Dad Poor Dad, Robert Kiyosaki, has criticized an unnamed gold advocate for disparaging MicroStrategy's (NASDAQ: MSTR) Bitcoin (BTC) investment plan.

Demand for spot Bitcoin exchange-traded funds soared to its highest levels since launch, with a whopping $3.38 billion flowing in this week, and experts foresee even greater momentum once BTC surpasses $100,000.

On-chain data shows the Bitcoin Hashrate has surged to a record value as the coin's price has continued to explore new all-time highs (ATHs).

Cryptocurrency is at the forefront of investors minds as they brace for a second term from President-elect Donald Trump. Professional Capital Management Founder and CEO Anthony Pompliano talked about where bitcoin could go next after enjoying a nice run after the election results.