After the 2024 US election, Bitwise and other asset managers seem to have been testing the regulatory waters for previously unapproved spot cryptocurrency ETFs.
Bitcoin (BTC) holder cohorts sold in the past month, including outflows from miners. All coins found counterparties, while BTC set new price records.
Brazilian lawmaker Eros Biondini introduced legislation proposing the creation of a Bitcoin (BTC) Sovereign Strategic Reserve (RESBit) with an allocation of up to $18.6 billion — equivalent to 5% of Brazil's international reserves as of September.
Brazil's Chamber of Deputies has formally introduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to diversify national financial assets and strengthen economic resilience.
The cryptocurrency market is set to face a major event, with $9.4 billion worth of Bitcoin options and $1.3 billion worth of Ethereum options set to expire. This event could trigger significant volatility in the market, especially after the U.S. Thanksgiving holiday, leaving traders and investors on edge.
The digital platform is the latest to join the Bitcoin wave, following the MicroStrategy chief's endorsement.
Bitcoin suffered a steep decline four years ago around Thanksgiving after being turned away at the $20,000 level. The action this year after failing at $100,000 is similar, though less severe so far.
Rumble, the conservative-leaning video platform, announced on Monday night that it will channel up to $20 million of its extra cash into Bitcoin. As soon as the news broke, Rumble's stock shot up almost 4% in after-hours trading.
Pantera Capital Management, which launched its Bitcoin Fund in July 2013, has seen a 1,000-fold increase with returns of over 132,118%. The hedge fund started buying bitcoin back when one token cost $74.
Bitcoin emerged in 2009, it was hailed as a revolutionary alternative to traditional financial systems, aiming to enable seamless transactions without intermediaries like banks. Its core thesis as a medium of exchange—a decentralized currency designed for direct, peer-to-peer transfers—was central to its creation.
Brazil's proposed Bitcoin strategic reserve may hold up to 5% of the country's international reserves. The post Bitcoin strategic reserve bill introduced in Brazil's Congress appeared first on Crypto Briefing.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Transform Venture CEO Michael Terpin discusses the different stages of bitcoin market cycles, and whether he believes the post-U.S. election rally is sustainable.
CNBC crypto reporter Tanaya Macheel joins Halftime Report to break down bitcoin's retreat from $100,000 and how long-term bitcoin holders have been selling in November as institutions bought ETFs.
American stock exchange outfit NYSE Arca has submitted a 19b-4 filing on behalf of Bitwise Asset Management to list combined Bitcoin and Ethereum ETP products. As an asset manager with $11 billion in managed funds, this filing will deepen the exchange's foothold in the crypto market.
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%.
These are all the reasons why the bitcoin price drop means breaking through $100,000 is nearer than you think The post Why The Bitcoin Price Falling 8% In 4 Days Means We Could Break $100,000 Sooner Than You Think appeared first on Cryptonews.
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.
Bitcoin (BTC-USD) slides are falling from its post-election highs. Riot Platforms (RIOT) CEO Jason Les joins Catalysts Hosts Seana Smith and Madison Mills to discuss the move.
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.
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.
Known influencer and former kickboxer Andrew Tate presented a radical idea on social media: Elon Musk's Department of Government Efficiency (D.O.G.E) might invest state savings in purchasing bitcoin, frontrunning the Congress to start building the rumored U.S. strategic bitcoin reserve. DOGE Might Redirect State Savings for Bitcoin Purchases The Department of Government Efficiency (D.O.G.
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.
With Bitcoin just shy of the $100,000 milestone, are profit-takers controlling the market, or is this a setup for another massive rally? BTC cools off Bitcoin (BTC) has had an exciting run recently, but it seems the party is taking