Crypto News Today
Why did encryption decline? Federal Reserve Chairman Jerome Powell’s latest monetary policy update hit the cryptocurrency markets like a hammer. Bitcoin, which had crossed the $100,000 line, stumbled, falling 4.6% to $101,300 after the 25 basis point interest rate cut was announced. Ethereum followed suit, falling 5.96% and landing at $3,600 in the aftermath. What’s … Read more
MARA Holdings purchased 15,574 bitcoins worth $1.53 billion at a price of approximately $98,529 per bitcoin using the proceeds of zero-coupon convertible securities offerings. In November and December, the zero-coupon convertible notes generated $1.925 billion for MARA along with the repurchase of approximately $263 million of the principal amount of its existing convertible notes due … Read more
In the world of finance, where traditional investments like stocks and bonds have long been the norm, MicroStrategy’s bold move into Bitcoin has sparked significant controversy. At the center of this debate are figures such as Peter Schiff, who is known to be skeptical of cryptocurrencies, and Michael Saylor, CEO of MicroStrategy, who has chosen … Read more
Look, I think it’s only a matter of time before China gets around the Bitcoin ban completely. Yes, they banned trading and mining in 2021, but honestly, a lot has changed since then, especially this year. Bitcoin’s momentum globally has been crazy. We have seen US President-elect Donald Trump call for stockpiling Bitcoin; Bitcoin ETFs … Read more
Bitcoin price rose to a new all-time-high on Monday, according to Gate.io data. On the other hand, Asian stock markets showed a mixed performance, as investors assessed the latest economic stimulus measures from China. The world’s second-largest economy is grappling with slower growth, prompting its government to introduce new policies aimed at stimulating key sectors … Read more
Follow Nikolaus on 𝕏 Here for daily posts Last week, longtime Bitcoiner John Carvalho introduced a new Bitcoin Improvement Proposal (BIP) aimed at addressing the unit distortion problem that many people face when they first find bitcoin. “This BIP proposes to redefine the commonly recognized unit “bitcoin” so that what was previously known as the … Read more
Bitcoin could climb to $200,000 by mid-2025 under favorable conditionsaccording to the latest Bitfinex Alpha report. The analysis highlights a strong outlook for Bitcoin, driven by strong institutional entry and the growing influence of spot Bitcoin ETFs. ETFs dominate the 2024 Bitcoin Market Spot Bitcoin ETFs have emerged as a dominant force in the BTC … Read more
On-chain data shows that long-term Bitcoin holders are selling. Here’s whether or not the current level of selling is enough to reach the top of the price. Long-term Bitcoin holders have been selling large amounts recently In a new post on X, analyst Ali Martinez discussed the historical trend in long-term holder holdings compared to … Read more
As Bitcoin continues to mature, one of the most significant indicators of its longevity and integration into the broader financial ecosystem is the rapid growth of Bitcoin exchange-traded funds (ETFs). These products, which offer traditional, regulated exposure to Bitcoin, have garnered substantial inflows from both institutional and retail investors since their inception. According to data … Read more
Ethereum closely mirrors Bitcoin’s movements, making it increasingly vulnerable to a potential correction. As whales continue to dominate, closely monitoring their daily behavior will be crucial. Bitcoin [BTC] It has risen nearly 3% in the past 24 hours, hitting a new all-time high of $106,488. As the new year begins, it is clear that momentum … Read more