Cryptocurrency - news

This publication investigates the mixed reactions from the Bitcoin community in response to Financial Times’ so-called “half-baked” apology after 14 years of relentless criticism of cryptocurrencies (Financial Times: arguably the world’s most respected financial newspaper). In a shocking about-face, FT—via its Alphaville column—admitted that it may have influenced the investment decisions of its readers but […] The post Financial Times: A Half-Baked Apology to the Bitcoin Community After 14 Years of Criticism appeared first on CryptoNinjas.

As Bitcoin finally soars above the long-awaited $100,000 milestone, Ethereum (ETH) attempts to break out from a key resistance zone. The second-largest crypto rally has fueled optimism about its targets, with some suggesting that it could mimic BTC’s 2020-2021 rally. Related Reading: Bitcoin (BTC) Crashes 33% In South Korea Amid Increasing Political Turmoil Ethereum Reclaims $3,900 Ethereum, the second-largest cryptocurrency by market capitalization, has recorded a 10% surge in the past week, moving from the $3,500 mark to the $3,900 resistance. On Wednesday, the King of Altcoins surpassed the $3,800 level for the first time in six months and continued climbing to retest the $3,900 resistance, not seen since early March. In the early hours of Thursday, ETH turned this key zone into support, briefly dipping to $3,860 before jumping back to the recently reclaimed level. As the cryptocurrency nears its yearly high of $4,093, sentiment around the token’s short-term performance has turned [...]

SKI Mask Dog (SKI) has taken off again, soaring beyond expectations. The meme coin recently.. The post SKI Mask Dog Hits $365 Million ATH: Is Coinbase Listing Next? appeared first on 99Bitcoins.

CeFi and DeFi ecosystems don't need to be divided as regulation is well-positioned to help DEXs improve universal standards, the GRVT CEO said.

Bitcoin has set a new all-time high (ATH) beyond the $104,000 mark during the past day, but on-chain data shows investors are still unwilling to sell. Bitcoin Exchange Netflow Has Remained Negative During Latest Rally As explained by an analyst in a CryptoQuant Quicktake post, Bitcoin has continued to leave exchanges recently. The on-chain metric of relevance here is the “Exchange Netflow,” which, as its name suggests, keeps track of the net amount of BTC that’s entering into or exiting out of the wallets attached to centralized platforms. Related Reading: Bitcoin 30-Day Trader Profits Back In ‘Healthy’ Range, Is BTC Ready For $100,000? When the value of this metric is positive, it means the investors are making net deposits to the exchanges. As one of the main reasons why holders use these platforms is for selling-related purposes, this kind of trend can have a bearish implication for BTC. On the other hand, the indicator being negative implies there are a higher amount of exchange [...]

US “crypto czar” selection David Sacks is bullish on Solana and is among investors of SOL-related investment firm Multicoin Capital.

Bolivian attorneys Iver von Borries and Javier Romero Mendizabal proposed introducing Tether’s USDT, the largest stablecoin in the cryptocurrency market, as an index asset for commercial and civil contracts. The submission aims to link USDT’s value in global markets to the national fiat currency, allowing for more flexibility in pricing certain obligations. Bolivia has maintained […]

President-elect Donald Trump has appointed David Sacks, a former PayPal executive and influential podcaster, as.. The post Trump Appoints Former PayPal Chief As Crypto Policy Advisor appeared first on 99Bitcoins.

Prominent crypto futures trading platform Margex recently upgraded its staking pools to offer higher passive.. The post Unlock Higher Margex Staking Rates With Its Newly Expanded Pool for Investors appeared first on 99Bitcoins.

Bitcoin has achieved a major milestone, trading at six-figure levels for the first time since its inception. On Thursday, the cryptocurrency reached a new all-time high of $103,679, marking a year-to-date surge of over 140% and pushing its market capitalization above $2 trillion. This achievement has reignited enthusiasm within the investor community, solidifying Bitcoin’s position as a key player in the global financial market. Despite this impressive feat, Bitcoin has experienced a slight retracement. At the time of writing, it trades at $101,573, still up by 6% in the past 24 hours. Related Reading: Retail Demand Surges for Bitcoin: The Journey Towards $100K and Beyond Begins? What Comes Next? Market intelligence platform IntoTheBlock weighed in on this development, offering insights into Bitcoin’s potential trajectory. The platform’s analysts highlighted that Bitcoin’s capped supply and growing interest from institutional investors and even countries create significant upward [...]

Australia’s financial intelligence agency, AUSTRAC, confirmed today (Friday) that it has established an internal task force to crack down on cryptocurrency ATMs that do not comply with local money laundering rules.Cryptocurrency—A Priority for 2025AUSTRAC’s CEO, Brendan Thomas, further emphasized that cryptocurrency will be among the agency’s top priorities in 2025.“This is the first step in AUSTRAC’s focus to reduce the criminal use of cryptocurrency in Australia,” Thomas stated. “We will be focusing on this industry over the course of next year.”The move came after the agency identified cryptocurrencies as having heightened risks of money laundering and being increasingly used for money laundering, scams, and money mule activities.There are about 400 AUSTRAC-registered digital currency exchange providers in Australia, but only a small number operate crypto ATMs. However, the country has 1,200 operating crypto ATMs, the third-highest number globally.According to AUSTRAC, all these [...]

Bitcoin (BTC) shattered the $100,000 price milestone yesterday, reaching as high as $104,088 on Binance crypto exchange. This historic price action has prompted analysts at the trading firm Bernstein to assert that Bitcoin is well-positioned to replace gold within the next decade. Bitcoin Poised To Outshine Gold Over Next Decade, Bernstein Says In a client note released earlier today, Bernstein analysts, led by Gautam Chhugani, expressed confidence that Bitcoin will eventually assume gold’s role as a reliable safe-haven asset. The note stated: We expect Bitcoin to emerge as the new-age premier ‘store of value’ asset eventually replacing Gold over the next decade, and becoming a permanent part of institutional multi-asset allocation and a standard for corporate treasury management. On a year-to-date (YTD) basis, Bitcoin is up an impressive 141%. However, the lion’s share of these gains came following the victory of pro-crypto Republican candidate Donald Trump in the November US [...]

From AI agents to onchain government bonds, A16z highlights the trends that could shape the crypto industry in 2025. A16z Goes Big on Crypto Predictions Andreessen Horowitz (A16z) has published its yearly list of tech predictions, as it anticipates the revolutionary potential of blockchain technology in 2025. This comes on the heels of bitcoin crossing […]