The metric is back above $3.8 trillion.
The ETFs have now absorbed more than 2.5% of bitcoin's 19.8 million BTC circulating supply since their January launch.
Riot Platforms completed a $525 million senior note offering with a 0.75% interest rate, netting $511.5 million to fund Bitcoin purchases and operations, while currently holding 12,000 Bitcoin valued at $1.2 billion.
TL;DR Bitcoin crossed the $100,000 mark for the first time on December 5, 2024, briefly pushing its market capitalization above $2 trillion. Miners' daily revenue surged beyond $40 million, with cumulative earnings reaching $71.49 billion, reflecting the network's robust security and economic incentives. Bitcoin's network processed 1.12 billion transactions, settling $131.
Alipay's mainland Chinese users spotted an ad inviting them to invest up to $137 daily in a fund with indirect exposure to a US spot Bitcoin ETF and Coinbase.
Eric Trump predicted Bitcoin will reach $1 million while outlining his father's pro-cryptocurrency agenda at a conference in Abu Dhabi.
Vancouver City Council has approved a proposal to study Bitcoin integration into municipal operations by Q1 2025, despite regulatory challenges and opposition from some officials.
Casa introduces Praetorian, a self-custody solution empowering nation-states to securely manage Bitcoin reserves through decentralized multisignature vaults.
In a price prediction shared on X, Tom Dunleavy, Chief Investment Officer (CIO) at MV Global—formerly known as Master Ventures—outlined his bullish projections for major cryptocurrencies in 2025. MV Global is a blockchain-focused venture studio renowned for building infrastructure companies aimed at advancing blockchain adoption, with investments spanning prominent entities such as Coinbase, Kraken, Ripple, Circle, and Bitfinex.
Bitcoin (BTC) price rallied more than 5 percent on Wednesday after rebounding from the crucial support range between $94.3k and $96.6k earlier this week. The flagship coin retested the prior all-time high (ATH) range of between $101,219 and $101,998 before slightly retracing to trade about $100,780 on Thursday, December 12, during the mid-London session.
Microsoft shareholders overwhelmingly rejected a proposal to invest in Bitcoin, with only 0.55% voting in favor despite the cryptocurrency's recent price surge above $100,000 and growing corporate adoption.
Hackers have compromised the personal data of over 58,000 customers of United States-based Bitcoin ATM operator Byte Federal.
The anticipated approval of a strategic Bitcoin reserve in the United States has heightened the demand for BTC among institutional investors led by MicroStrategy.
Cryptocurrency investors are filled with optimism leading into 2025 as the world's premier digital asset – Bitcoin (BTC) – and many other major and minor coins and tokens have recorded massive gains in the last 12 months.
BTC's range-bound trading might be over soon, according to a widely tracked volatility indicator.
The recent large transfers have now raised hopes among creditors that payouts might be sooner than they expect.
Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.
The comic penguin collection has become the world's second most-valued set of NFTs, crossing the $100,000 mark for the first time.
Bitcoin surpassed $100,000 amid strong ETF inflows and whale accumulation, with technical patterns suggesting further upside potential as markets await next week's FOMC meeting.
Bitcoin leveraged bets are off the table after repeated washouts — but BTC price action is seen beating all-time highs within days.
Babylon co-founder and chief technology officer Fisher Yu said that DeFi on Bitcoin can evolve faster than other ecosystems by learning from the mistakes of the broader DeFi space.
The floor price of an Ethereum-based NFT collection called Pudgy Penguins has exceeded the price of Bitcoin on the NFT marketplace OpenSea
Bitcoin (BTC) has recently shown resilience in defending key support levels, especially at the $96,000 mark. After a period of consolidation beneath the psychological $100,000 level, Bitcoin's bulls have managed to keep the price above the mid-range support.
Recently, a notable trend has been observed in the crypto universe: the number of bitcoin addresses holding more than 100 BTC has significantly increased, reaching unprecedented highs in 2024. Whose addresses are these and why have they exploded?
Billionaire investor Ray Dalio thinks macroeconomic trends make gold and Bitcoin (BTC) attractive investment options right now. In a speech in the United Arab Emirates this week, the Bridgewater Associates founder pointed to debt levels in the US, China and all other major economies except for Germany, the South China Morning Post (SCMP) reports.
Meanwhile, altcoins may flounder unless the United States passes rules favoring crypto adoption, the asset manager said.
As 2024 draws to a close, European crypto investment firm CoinShares has released market predictions for the new year. In its report, CoinShares has identified the key trends that could dominate the crypto industry in 2025.
Data shows that the sentiment of Bitcoin has cooled off from extreme greed as bearish price action continues for BTC and other cryptocurrencies.
Bitcoin (BTC) recaptured the vital $100,000 threshold on Wednesday, following weeks of consolidation below it. This rebound has been attributed to rising confidence in the digital currency sector's future regulatory environment under President-elect Donald Trump.
Bitcoin holds above $100,000 as inflation data, ETF proposals, and regulatory changes drive bullish sentiment. Analysts predict potential for $200,000 by 2025. The post Bitcoin Price Analysis: BTC Above $100K; US CPI Fuels Price Momentum and ETF Optimism appeared first on Cryptonews.
After consolidating around $96,000 for a while, Bitcoin price has staged a strong bounce back gaining 3.5% in the last 24 hours shooting past $101,000. The bullish sentiment followed the US CPI inflation data release on Wednesday.
Spot Bitcoin exchange-traded funds in the United States recorded their tenth consecutive day of inflows on Dec. 11, with $223.03 million entering the funds as Bitcoin climbed back above the $100,000 mark.
CoinShares has predicted a significant rise in Bitcoin yield-focused solutions for 2025, highlighting a shift in how companies utilize cryptocurrency.
The U.S. Securities and Exchange Commission (SEC) has moved NYSE Arca's request to list the Bitwise Bitcoin and Ethereum ETF to the next stage by seeking feedback from the industry.
With the U.S. CPI data meeting expectations, the crypto market has experienced a strong bullish recovery. This further led to the BTC price bouncing back above the $100,000 level.
Bitcoin has once again surged past the $100,000 mark, trading at around $100,500 following the release of U.S. Consumer Price Index (CPI) data for November.
Following a recent mayoral proposal, Vancouver's city council has approved a motion to explore integrating Bitcoin (BTC) into the city's financial strategy.
The crypto market today has been super optimistic with the market capitalization of the industry soaring by 5.25% to $3.64 trillion. This move was catalyzed by Bitcoin reclaiming the $100k mark on its daily chart. Despite the greenish numbers, the trading volume took a hit of 24.07%, settling down at $216.31 billion.
As expected, whales went on an accumulation spree in the past few days.
The concerns were in response to Michael Saylor's suggestion that the U.S. should quadruple its planned strategic reserve and exert influence over the Bitcoin network. Saylor Calls for U.S.
Bitcoin (BTC) has been experiencing a notable shift in market dynamics, raising questions about its future price movements. Long-term holders, who have traditionally been key players in Bitcoin's market stability, are now starting to sell their holdings.
The transfer of Bitcoin by Mt. Gox may signal upcoming creditor repayments, impacting market liquidity and investor sentiment.
The global crypto market rose 4% on Thursday after Bitcoin regained $100K, driven by positive CPI data and expectations of less aggressive monetary policy. The post Crypto Market Gains 4% in 24 Hours as Bitcoin Holds Firm Above $100K appeared first on Cryptonews.
The Bitcoin (BTC) market has undergone a remarkable recovery this year, largely due to the increased popularity of Bitcoin ETFs. BTC reached an all-time high of $73,000 in the first quarter of the year, sparking a bullish trend that continues today, with a recent high of $104,000.
Bitcoin (BTC) fell to $94,500 yesterday after Microsoft shareholders decisively rejected a Bitcoin treasury proposal to allocate 1% of the company's total assets to buy BTC as an inflation hedge. However, analysts are still confident of further appreciation of the BTC price.
ASIC's digital asset lead compared Bitcoin to cigarettes while responding to questions on proposed Australian crypto regulation.