Bitcoin surged to $106,533, supported by $2.17B inflows into ETFs and Trump’s strategic Bitcoin reserve announcement.Bitcoin’s market cap hit $2.08 trillion, with $119 million in liquidations and dominance rising to 57.49%, indicating potential growth to $120,000. Bitcoin’s meteoric rise has captured global attention, with its price surging to an all-time high of $106,533 early Monday....
Governments’ growing interest in Bitcoin as a hedge against financial instability could lead to strategic reserves, driving adoption and price increases.Bitcoin’s fixed supply and portability make it a superior store of value compared to gold, with the potential to surpass gold’s $16 trillion market cap. Following a key catalyst for Bitcoin’s surge, predicted by Binance...
Dogecoin whales stacked up the coin amid an epic Bitcoin rally.Top analysts are optimistic that the DOGE price can surpass the $3 mark in the long term. Bitcoin (BTC), the world’s leading digital asset, hit a new all-time high of $106,620 on December 15. The recent Bitcoin surge has pushed the monthly increase to almost...
On December 15, 2024, Bitcoin surpassed $100,000, marking a historic milestone. This achievement signals the transformation of the cryptocurrency industry over the past 16 years—from initial skepticism and distrust to widespread acceptance by mainstream markets and governments. Bitcoin has evolved from being a mere digital asset into a critical tool in the global economic landscape, addressing inflation,...
Eigen Foundation commits 1% of EIGEN tokens to support Ethereum Layer 1 R&D via the Protocol Guild.Eigen launches incentives to reward stakers and operators, driving engagement in Actively Validated Services on EigenLayer. The Eigen Foundation has announced a big move by committing 1% of the total EIGEN token supply to the Protocol Guild, a collaborative...
Mayor Ken Sim’s proposal to integrate Bitcoin into Vancouver’s financial operations has been approved for extensive exploration. Those who opposed the motion cited issues of environmental concerns and the use of digital assets for money laundering. Vancouver is taking significant steps towards crypto adoption, as the Vancouver City Council approved a motion to explore Bitcoin integration...
The crypto market is poised for growth, with Bitcoin and altcoins continuing their upward trends amid normal retraces.Bitcoin’s long-term targets include $122,000 and $133,000, with significant market peaks expected by the end of 2025. In a post on TradingView, popular crypto analyst Alan Santana predicts that the cryptocurrency sector, particularly altcoins, will continue to grow....
U.S. inflation (CPI) and labor data significantly impact Bitcoin, with higher inflation bolstering its appeal as a hedge and weak labor figures supporting its safe-haven role.Mixed signals from economic data could increase Bitcoin’s volatility, as investors evaluate Federal Reserve policies and market risk dynamics. Bitcoin investors are closely monitoring two major U.S. economic reports this...
Indicators like RSI, NUPL, and MVRV-Z show Bitcoin’s (BTC) current cycle is far from reaching its peak.Historical patterns suggest Bitcoin’s potential for further growth remains strong, supported by multiple technical indicators. In a recent video, crypto analyst Lark Davis asserted that Bitcoin’s current cycle high is not even close, despite market skepticism. Davis clarified why...
Argentina plans free currency circulation in 2025, including Bitcoin, to enhance economic flexibility and digital integration.Javier Milei proposes cutting 90% of national taxes and decentralizing fiscal policies for regional autonomy. As Argentine President Javier Milei begins his second year in office, he has outlined ambitious intentions to further restructure the country’s economy. Milei boldly said...