Russia has been actively experimenting with digital financial assets (DFAs) in foreign trade in line with the country’s legislation, according to a senior government official. Russian Finance Minister Anton Siluanov discussed US dollar alternatives for … Russia is free to use Bitcoin in foreign trade, says finance ministerRead more
Cryptonews
Bitcoin bull market over? ‘Decembear’ has only sent BTC price 2% lower
Bitcoin (BTC) has lost less than 2.5% in December as traders look toward the monthly and yearly candle close. BTC/USD 1-month chart. Source: Cointelegraph/TradingView BTC price down less than 2.5% in December Data from Cointelegraph … Bitcoin bull market over? ‘Decembear’ has only sent BTC price 2% lowerRead more
Metaplanet buys the dip with biggest-ever 620 Bitcoin buy
Japanese investment firm Metaplanet made its largest-ever Bitcoin purchase, scooping up almost 620 Bitcoin as the cryptocurrency trades below $100,000. On Dec. 23, Metaplanet announced that it had bought 619.7 Bitcoin (BTC) worth just under … Metaplanet buys the dip with biggest-ever 620 Bitcoin buyRead more
Bitcoin social sentiment drops to yearly low, signaling BTC breakout
Social sentiment around Bitcoin has hit its lowest point in 2024, which could signal an incoming recovery above the $100,000 mark for the world’s largest cryptocurrency. Bitcoin’s (BTC) price is currently down over 10% from … Bitcoin social sentiment drops to yearly low, signaling BTC breakoutRead more
BTC correction ‘almost done,’ Hailey Welch speaks out, and more…
Top Stories of The Week Hawk Tuah influencer speaks out after memecoin rug pull allegations Haliey Welch, the influencer behind the viral “Hawk Tuah” video clip, has released a statement after a memecoin bearing her … BTC correction ‘almost done,’ Hailey Welch speaks out, and more…Read more
Bitcoin dips to $92K in 'optimal dip-buying' move as PCE boosts crypto
Bitcoin (BTC) sought relief after the Dec. 20 Wall Street open as a giant leverage flush continued to punish late bulls. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price retests December lows in leverage wipeout Data … Bitcoin dips to $92K in 'optimal dip-buying' move as PCE boosts cryptoRead more
BTC reclaims $100K but weekly chart forming ‘bearish engulfing’ candlestick
Bitcoin reclaimed the key $100,000 psychological level shortly after it slipped below six figures, giving one crypto analyst reason for a short-term bearish view, while others dismissed the dip as routine. “Bitcoin is developing a … BTC reclaims $100K but weekly chart forming ‘bearish engulfing’ candlestickRead more
Double-digit drop in Bitcoin profit-taking metric hints that BTC is ‘ready’ to rally — Analyst
Bitcoin’s (BTC) price dropped below $105,000 after making a new all-time high of $108,365 on Dec. 17. The short-term drop occurred ahead of the United States Federal Reserves interest rate announcement on Dec. 18. Currently, … Double-digit drop in Bitcoin profit-taking metric hints that BTC is ‘ready’ to rally — AnalystRead more
‘No to CBDC, yes to Bitcoin’ — European MP calls for EU BTC reserve
European lawmaker Sarah Knafo called on the European Union to establish a strategic Bitcoin reserve while rejecting the proposed adoption of the “digital euro,” a central bank digital currency (CBDC) under development by the European … ‘No to CBDC, yes to Bitcoin’ — European MP calls for EU BTC reserveRead more
Bitcoin price all-time highs driven by spot volumes — Analyst says $115K is next
Bitcoin extended its weekend rally on Dec. 16 by setting a new all-time high above $107,700. The swell in Bitcoin’s (BTC) price comes amid a steady surge in spot volumes and the re-emergence of the … Bitcoin price all-time highs driven by spot volumes — Analyst says $115K is nextRead more
Trump may use Bitcoin as US reserve asset on 'day one' — How high will BTC price go?
Donald Trump will likely issue an executive order on his first day in office to designate Bitcoin (BTC) as a United States reserve asset, according to Jack Mallers, CEO and founder of Strike. A 200K … Trump may use Bitcoin as US reserve asset on 'day one' — How high will BTC price go?Read more
Bitcoin may ‘pump then rotate back’ if US strategic reserve gets approved
A crypto analyst has warned that if approved, Senator Lummis’ proposal for the United States government to acquire 5% of Bitcoin’s supply could cause increased price volatility in the short term. “I expect it to … Bitcoin may ‘pump then rotate back’ if US strategic reserve gets approvedRead more
Riot Platforms buys more than $500M in Bitcoin
Riot Platforms bought approximately $510 million worth of Bitcoin (BTC) between Dec. 10 and 12, bringing the Bitcoin miner’s total BTC holdings to nearly $1.7 billion, according to a Dec. 13 regulatory filing. The purchases … Riot Platforms buys more than $500M in BitcoinRead more