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.

Charles Hoskinson, the founder of Cardano, has publicly criticized the Wyoming Stable Token Commission's recent blockchain network selections for the state's upcoming stablecoin, the Wyoming Stable Token (WST). In a livestream titled “XRP and Wyoming” broadcasted on November 25, 2024, Hoskinson questioned the commission's opaque selection process and raised concerns about potential conflicts of interest.

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.

According to dcSpark co-founder Sebastien Guillemot, the very first ZK (zero-knowledge) smart contract has been deployed on the Cardano mainnet.

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

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.

Cardano (ADA), a key player in the cryptocurrency market, has slipped below the $1 mark, marking a significant 7% drop in the last 24 hours. This downturn comes as ADA faces stiff resistance at the “golden pocket” zone, a critical range between $1.12 and $1.23, identified on the weekly chart.

Story Highlights Cardano's price fails to hold its $1 mark. The ADA price records a strong bearish reversal and drops ~14% today. Technical indicators experience a bearish convergence, however, a potential bullish reversal can be expected. The cryptocurrency market has turned bearish this week with top tokens recording a significant drop in their respective portfolios.

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.

Key Points:

Crypto to Buy Now: After a notable upside rally, the overall cryptocurrency market appears to be correcting. Today, November 26, 2024, the top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and several others have reported significant price declines.

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.

The $LDO token representing liquid staking protocol Lido DAO is one of crypto's most volatile assets today, having traded against during a market slump, before multiplying the losses of market leader Bitcoin ($BTC). Bitcoin dropped by as much as 6% in 24 hours by lunchtime UTC today.

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.

Cardano price has faced a sharp reversal, dropping nearly 21% from its highest level this month as investors took profits. Cardano (ADA) was trading at $0.92 on Tuesday, Nov.

Bitcoin's long-term holders sell 366k BTC tokens, hitting a seven-month-high.

Pantera Capital has forecasted that Bitcoin could hit $740,000 by April 2028. The firm recently announced a milestone for its Bitcoin Fund, which has achieved a remarkable 1,000x return.

Will 2025 usher in a new wave of bitcoin investors? Or could a correction kill renewed enthusiasm?

Bitcoin retail investors have yet to reach fear of missing out levels, according to Ki Young Ju, the founder and CEO of CryptoQuant.

Nasdaq-listed video-sharing and cloud services platform Rumble has announced it's allocating up to $20 million of its cash reserves to Bitcoin as its board of directors approved a “corporate treasury diversification strategy of allocating a portion of the company's excess cash reserves to Bitcoin.

Bitcoin (BTC) has retreated further from the highly anticipated $100,000 milestone, raising questions about the asset's sustainability of the current bull run.

One popular metric suggests the retail crowd hasn't arrived yet.

The leading cryptocurrency in the world, Bitcoin (BTC) has made impressive strides when it comes to adoption. Whereas in 2024, BTC is available via exchange-traded funds (ETFs), serves as a store of value and hedge against inflation, and enjoys widespread mainstream popularity, in the last decade, it was quite obscure.

Long-term Bitcoin (BTC) holders are suddenly unloading a massive amount of coins this month as the flagship crypto asset dips into the $93,000 range, according to a popular on-chain analyst.

The 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced a challenging Monday, with outflows reaching $438.38 million during the day's trading. Bitcoin ETFs Bleed $438M in a Single Day as Crypto Prices Plunge.

Rumble plans to invest up to $20M in Bitcoin, signaling growing corporate adoption of crypto.

Wen $100,000, Fam? That's a question you see on Crypto X often these days.

Stacks users can now do more with their STX tokens thanks to a partnership between Velar and Stacking DAO.

Bitcoin, the world's leading cryptocurrency, faced a sharp downturn today, with its value plunging to $92,584. This 4.6% drop from its recent high of $98,000 triggered a market-wide shakeup, leaving traders reeling as liquidations soared past $551 million.

Charles Edwards, cryptocurrency analyst and founder of the Capriole Investments fund, has taken to his account on the X social media platform (widely famous as Twitter until 2023) to share his take on the much-anticipated $100,000 level, which Bitcoin has failed to reach so far.

Bitcoin dropped to $92,000 after a profit taking pullback and global uncertainty from Trump's tariffs. Trump's crypto friendly policies are increasing investors with $7 billion invested in U.S. Bitcoin ETFs.