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
Bitcoin news
US jobs data points to likely rate cut in December — Grayscale
Non-farm payroll data for November was higher than expected. However, the data also revealed an accompanying uptick in unemployment, which could pressure the Federal Reserve to cut interest rates later this month. According to analysts, … US jobs data points to likely rate cut in December — GrayscaleRead more
BTC price can surge 43% before 'bubble' as Bitcoin market cap hits $2T
Bitcoin became a $2 trillion asset, the world’s seventh-largest, after crossing $100,000 for the first time. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView $102,000 Bitcoin has $2 trillion market cap Data from Cointelegraph Markets Pro and TradingView … BTC price can surge 43% before 'bubble' as Bitcoin market cap hits $2TRead more
NYC mayor gloats about Bitcoin holdings: ‘Who’s laughing now?’
Update (Dec. 4 at 9:25 pm UTC): This article initially reported that Mayor Adams made his comments at the groundbreaking ceremony of the American LGBTQ+ Museum (which some call a “society disaster“). The comments appeared … NYC mayor gloats about Bitcoin holdings: ‘Who’s laughing now?’Read more
BTC/KRW pair dipped 30% as South Korea’s president declared martial law
South Korean President Yoon Suk Yeol declared martial law in a live television announcement, likely contributing to the price of Bitcoin (BTC) against the won dropping roughly 30% on the local exchange Upbit. According to … BTC/KRW pair dipped 30% as South Korea’s president declared martial lawRead more
US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase Prime
Blockchain records showed the United States government moved more than $1.9 billion worth of Bitcoin seized from the Silk Road marketplace to a Coinbase Prime wallet. According to data from blockchain analytics firm Arkham Intelligence, … US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase PrimeRead more
Bitcoin records 129% year-to-date gain seven months after halving
Bitcoin (BTC) recorded a 129% year-to-date gain, primarily driven by the outcome of the 2024 United States Presidential election and the April 2024 halving event. According to data from ICO Analytics, Bitcoin also experienced a … Bitcoin records 129% year-to-date gain seven months after halvingRead more
Solv to launch ‘onchain MicroStrategy’
Solv Protocol is preparing to launch an “onchain MicroStrategy” to bring yield-bearing Bitcoin (BTC) reserves to decentralized finance (DeFi), Solv’s co-founder Ryan Chow said in a Nov. 29 X post. “We’re building the first-ever On-Chain … Solv to launch ‘onchain MicroStrategy’Read more
Bitcoin’s metrics suggest bull market is far from overvalued
Bitcoin’s valuation metrics suggest the bull market is far from over and could be setting the stage for even further highs. With no signs of overvaluation typically seen at price peaks, analysts are eyeing a … Bitcoin’s metrics suggest bull market is far from overvaluedRead more
Crypto literacy at ‘dangerously low’ levels, new report warns
As Bitcoin trades near new highs, the level of financial literacy in the cryptocurrency community still leaves much to be desired, according to a new report. The crypto community’s financial literacy rate is estimated at … Crypto literacy at ‘dangerously low’ levels, new report warnsRead more
Bitcoin price slips to $93K as liquidations soar and long-term BTC holders take profit
Bitcoin’s quest for $100,000 hit an impasse as sellers took control and pushed BTC price under $93,000. Margin traders sitting in long positions saw heavy losses as the total crypto market liquidations on the buy … Bitcoin price slips to $93K as liquidations soar and long-term BTC holders take profitRead more
Bitcoin 'spoofing' drives BTC price to $97K amid record profit-taking
Bitcoin (BTC) headed toward a “pivotal low” on Nov. 24 as manipulative traders sought to keep $100,000 out of reach. BTC/USD 1-hour chart. Source: TradingView Bitcoin faces stiff opposition around $100,000 Data showed BTC price … Bitcoin 'spoofing' drives BTC price to $97K amid record profit-takingRead more
Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action Fund
Strategic Bitcoin reserve legislation is reportedly the subject of preliminary discussions among Texan lawmakers, according to nonprofit advocacy group, the Satoshi Action Fund (SAF). In a Nov. 21 talk at the North American Blockchain Summit … Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action FundRead more