Cryptocurrency - news
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14.12.2024 02:30 Microstrategy’s bitcoin-focused strategy has ignited a staggering 500% stock surge, with projections of bitcoin hitting $13 million, solidifying its dominance in high-stakes investing. 500% Stock Gains, $13M Bitcoin Projection: Microstrategy’s Wild Ride Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor shared a chart illustrating the performance of Microstrategy’s stock against other major investments on Thursday. Since […] bitcoin.com |
14.12.2024 02:30 Within a few hours following a tweet by Changpeng Zhao, the CEO of Binance, the Travala token, AVA, has risen by 300%. For the crypto travel agency, which lately revealed having reached $100 million in annual revenue, this increase marks a turning point. From $0.80 to $30.1, the price of AVA has exploded, courtesy of growing interest in the use of digital currency in the travel industry. Related Reading: Expert Eyes $35 XRP Price, Says Holders To Become ‘Filthy Rich’ Binance Early Investment Binance had already invested in Travala before the pandemic, as disclosed in Zhao’s tweet on December 12. Both investor confidence and Travala’s position as a frontrunner in the space of crypto bookings were bolstered by this statement. At the time of writing, AVA was trading at approximately $2.51, showcasing its remarkable recovery since hitting an all-time low earlier this year. Travala Strategic Initiatives Travala has come up with a new way to handle bank reserves, which includes both AVA and [...] newsbtc.com |
14.12.2024 02:12 Sheila Warren, CEO of the crypto advocacy group Crypto Council for Innovation, announced her decision to step down just a month before the Trump administration takes office. cointelegraph.com |
14.12.2024 01:30 An early bitcoin investor was sentenced to two years in prison for evading taxes on $3.7 million in cryptocurrency gains, using mixers and secret wallets. Bitcoin Investor Sentenced: The High Cost of Hiding Cryptocurrency Profits Frank Richard Ahlgren III, a resident of Austin, Texas, was sentenced to two years in prison for “filing a tax […] bitcoin.com |
14.12.2024 01:00 Dogecoin is testing demand above the $0.40 level following several days of consolidation below its yearly high of $0.484. This period of choppy price action has kept traders on edge, as Dogecoin’s price appears poised for a decisive move. Despite the temporary pause in upward momentum, market sentiment remains optimistic, with many investors anticipating another breakout. Related Reading: Solana To New ATH Before Christmas – Analyst Expects $300 Soon Top analyst and trader Hardy recently shared a technical analysis highlighting Dogecoin’s potential for a massive price surge. According to Hardy, it’s only a matter of time before DOGE breaks into new all-time highs. His analysis suggests that Dogecoin is building a strong foundation, and continued consolidation at current levels is a bullish signal. If Dogecoin maintains support above $0.40, the stage could be set for a significant rally in the coming weeks. However, much will depend on broader market conditions and the ability of DOGE [...] newsbtc.com |
14.12.2024 01:00 Meme coins are taking a hit across the board. It’s not looking good for fan favorites like Pepe and DogWifHat, which have dropped significantly in the past 24 hours. But not all meme coins are in the red today. Newcomer Wall Street Pepe is bucking the trend – with its presale soaring past the $13 […] bitcoin.com |
14.12.2024 00:30 Bitcoin’s historic rally last week didn’t happen in isolation—it came amid a surge of retail investors, Ethereum ETF inflows, and more. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Bitcoin, Ethereum, and the Return of Retail Bitcoin […] bitcoin.com |
13.12.2024 23:30 A crypto analyst has shared an XRP price chart, hinting at a potential breakout above $10 if the prominent altcoin can replicate a past fractal. The analyst urges the XRP community to monitor this fractal closely, highlighting the need to monitor price movements in the coming weeks. XRP Price Eyes $16 As Analyst Spots Bullish Fractal An XRP supporter on X (formerly Twitter), known as ‘LUDXRP,’ has released a detailed chart analysis, predicting that the XRP price could climb to an ambitious price target of $16.15. The analyst mentioned the presence of a historic fractal on the XRP chart. Related Reading: Dogecoin Price On Its Way To $1: Why A Retest Of $0.48 Is More Important Than Anything The fractal pattern, indicated by the blue circle in the chart, highlights a significant upward movement in the XRP price. Following the movements of the chart, if XRP can replicate this fractal, it could trigger a significant price rally toward $16.15. Multiple green horizontal lines have also [...] newsbtc.com |
13.12.2024 23:30 Bitcoin and ether ETFs approved in January and July respectively, played a vital role in the industry’s record-breaking year. Crypto Gives ETF Industry a Second Wind Global exchange-traded funds (ETFs) averaged $4 billion in daily inflows and closed out with a record-breaking total of $1 trillion in annual inflows for 2024, according to reporting from […] bitcoin.com |
13.12.2024 22:41 The social media platform has roughly doubled its number of users since November, suggesting it may have pulled some US-based X users after the presidential election. cointelegraph.com |
13.12.2024 22:30 This week’s Crypto Biz also explores Microsoft’s board’s stance on Bitcoin, JPMorgan’s revision of mining stocks, MARA’s new BTC purchase and upcoming listings of crypto firms. cointelegraph.com |
13.12.2024 22:22 A branch of China’s Ant Group and Sui will provide a Chinese solar material manufacturer with greater exposure with tokenized assets available onchain. cointelegraph.com |
13.12.2024 22:15 A massive $19.8 billion Bitcoin options expiry takes place on Dec. 27. Are bulls or bears better positioned? cointelegraph.com |
13.12.2024 22:10 The report notes bitcoin’s integration into diversified portfolios with a recommendation to allocate 1.55% for optimal diversification and portfolio stability. Bitcoin 2025 Target: $160,000 Matrixport, an all-in-one hub for crypto financial services in Asia has predicted bitcoin to hit $160,000 in 2025. This is according to its bitcoin 2025 target report released on Friday, Dec. […] bitcoin.com |
13.12.2024 22:00 Bitcoin has remained range-bound between $99,000 and $102,000 since breaking above the psychological $100,000 level. While the breakout initially sparked excitement among investors, the current price action reflects market indecision, with no clear direction for the weeks ahead. Concerns about a potential correction linger as the broader market awaits stronger signals to confirm the next trend. Related Reading: Solana To New ATH Before Christmas – Analyst Expects $300 Soon Top analyst Axel Adler recently shared insights on X, supported by data from CryptoQuant, highlighting two crucial support levels at $90,000 and $93,000. These levels represent key demand areas, underscoring that the market floor has moved higher—a positive sign of resilience even amid the uncertainty. According to Adler, these supports could act as safety nets, absorbing selling pressure if Bitcoin fails to sustain its momentum above $100,000. Despite the hesitation, Bitcoin’s ability to hold above $100,000 for [...] newsbtc.com |
13.12.2024 22:00 PRESS RELEASE. One of the most significant challenges faced by bettors in the sportsbook industry is being banned or limited for achieving substantial wins. At DGbet, winners are celebrated rather than penalized. DGbet serves as a leading decentralized, non-custodial, and fully on-chain prediction market platform. Unlike traditional bookmakers that require trust and the deposit of […] bitcoin.com |
13.12.2024 21:28 The regulatory division of the Bank of England has called on firms to disclose their..
The post Bank Of England’s Regulator Asks Businesses To Declare Exposure To Crypto By March 2025 appeared first on 99Bitcoins. 99bitcoins.com |
13.12.2024 21:13 Analysts say Bitcoin’s 2025 cycle target begins at $175,000 and could extend above $461,000. cointelegraph.com |
13.12.2024 21:05 Bit Global has filed a $1 billion lawsuit against Coinbase, alleging anticompetitive practices following the delisting of the wrapped Bitcoin token (WBTC) from the exchange. The lawsuit, filed in the U.S. District Court for the Northern District of California, accuses Coinbase of exploiting its dominant position in the market to favor its own product, cbBTC. […] bitcoin.com |
13.12.2024 20:56 The FIT21 market structure bill passed the House of Representatives in May 2024 with bipartisan support by a 278-136 margin. cointelegraph.com |
13.12.2024 20:30 Singapore-based crypto service provider Matrixport predicts that Bitcoin may reach as high as $160,000 by 2025. In a newly released report, titled Matrix on Target (Issue #2024-112), the firm outlines a scenario in which increased institutional adoption, macroeconomic evolution, and broadening global liquidity could push the leading cryptocurrency to unprecedented levels. Why Bitcoin Will Reach $160,000 In 2025 Matrixport’s research team notes that Bitcoin’s performance in 2024 exceeded multiple key price projections and validated their previous analytical frameworks. According to the report, this strength has been propelled by institutional investors who embraced the Bitcoin ETF market. These investors have “realized substantial gains, incentivizing further allocation as we move into 2025,” states Matrixport. The report highlights Bitcoin’s emergence as a portfolio component, underscoring that “our analysis recommends a 1.55% allocation to achieve optimal diversification while [...] newsbtc.com |
13.12.2024 20:18 CleanSpark joins the crowd in raising funds through convertible notes, but doesn't plan to invest the proceeds. cointelegraph.com |
13.12.2024 20:01 In a bold prediction on Fox Business, Perianne Boring, CEO of the Digital Chamber, asserted that President-elect Donald Trump’s economic policies could position the U.S. as a global leader in bitcoin adoption, potentially driving the asset’s price to an unprecedented $800,000 by 2025. bitcoinmagazine.com |
13.12.2024 20:01 Satoshi Yamada asked the Japanese government whether it could "convert part of its foreign exchange reserves" into Bitcoin or another token. cointelegraph.com |
13.12.2024 20:00 Increasingly more analysts and chart patterns are pointing to an imminent Ether breakout to an all-time high, bolstered by BlackRock doubling its Ether ETF holdings. cointelegraph.com |