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
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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
Bitcoin 15% futures basis 'insane' as BTC price sees record daily close
Bitcoin (BTC) saw its highest daily close in history on Dec. 11 as six-figure BTC price action came back with a bang. BTC/USD 1-day chart. Source: Cointelegraph/TradingView BTC price forecast sees new all-time high in … Bitcoin 15% futures basis 'insane' as BTC price sees record daily closeRead more
Energy from gas-flaring a $16 billion opportunity — PermianChain exec
Natural gas is currently in high demand from Bitcoin mining companies and AI data center operators. According to Mohamed El-Masri, a managing partner at Hodler Investments and CEO of tokenized energy trading platform PermianChain, recapturing … Energy from gas-flaring a $16 billion opportunity — PermianChain execRead more
Ray Dalio predicts global debt crisis, backs Bitcoin, gold
Billionaire investor Ray Dalio expressed concerns about a potential “pending debt money problem” in global finance and urged a shift toward hard assets like Bitcoin and gold. Dalio, the founder of one the world’s largest … Ray Dalio predicts global debt crisis, backs Bitcoin, goldRead more
‘Potential top’ for Bitcoin as long-term holders sell 828K BTC in 30 days
Bitcoin’s climb toward $100,000 has seen a significant amount of offloads from long-term holders, which some analysts say signals a potential top that could turn markets bearish and catch traders offside when buy-side demand starts … ‘Potential top’ for Bitcoin as long-term holders sell 828K BTC in 30 daysRead more
$100K Bitcoin price: From cypherpunk dream to financial mainstream
Once dismissed as a fringe asset of cypherpunks and tech enthusiasts, Bitcoin (BTC) has climbed through milestone after milestone, from $1 in 2011 to $1,000 in 2013, and now to the coveted six-figure mark in … $100K Bitcoin price: From cypherpunk dream to financial mainstreamRead more
BTC hits $100K, Trump taps Paul Atkins for SEC chair, and more: Hodler’s Digest, Dec. 1 – 7
SEC to reject bids for spot Solana ETFs — Report The United States Securities and Exchange Commission is set to reject applications in line for spot Solana exchange-traded funds (ETFs). The agency has notified at … BTC hits $100K, Trump taps Paul Atkins for SEC chair, and more: Hodler’s Digest, Dec. 1 – 7Read more