Cryptocurrency - news

Bitcoin (BTC) has been consolidating above the $90,000 support zone for the last ten days, reaching its latest all-time high (ATH) of $99,645 about a week ago. Since then, the cryptocurrency has closed below a short-term downtrend line, failing to break above it and potentially risking a drop to two-week lows. Related Reading: Altcoins ‘Starting To Run’ After Reclaiming This Key Level, Altseason Around The Corner? Bitcoin Faces ‘Moment Of Truth’ Bitcoin is having one of the best months in the cryptocurrency’s recent history, jumping over 47% from its monthly opening to its latest ATH. Since November 18, BTC has been moving within the $90,000-$99,000 price range, holding above the lowest range zone despite the recent retraces. After surpassing the $99,000 level twice, the ongoing rally has fueled investors’ optimism about achieving the potential run to the $100,000 milestone this month. However, the flagship crypto has been facing rejection from a Lower High resistance line for the [...]

BTC price momentum gathers pace into the week's last Wall Street open with traders firmly bullish on Bitcoin.

Bitcoin could attract $2 trillion in investments during 2025 as the global money supply grows to $127 trillion.

Learn about Hyperbridge, the cutting-edge protocol driving blockchain interoperability with secure, scalable and efficient crosschain solutions.

Deribit, a platform known for offering cryptocurrency options trading, will launch spot and derivatives trading in the UAE on January 1, 2025, migrating all activities to the Dubai-based entity. It plans to transfer USD 50 billion in open interest to its Dubai entity.Moving to DubaiThe announcement, made today (Friday), follows Deribit FZE receiving a license from Dubai’s Virtual Assets Regulatory Authority (VARA) and relocating its headquarters to the city.The exchange further clarified it will consolidate all flows and activities into its Dubai entity. This means the VARA-licensed entity will offer all its products, including spot, perpetuals, futures, options, and post-trade activities.“The city’s forward-looking regulatory environment provides the ideal foundation for Deribit’s growth and innovation,” said Luuk Strijers, CEO of Deribit.The exchange emphasized that from the beginning of 2025, it will onboard all qualified and institutional clients directly under the Dubai-regulated [...]

Japanese investment firm Metaplanet is looking to bolster its Bitcoin reserves by raising over $62.. The post Metaplanet Aims To Raise $62M To Expand $109M Bitcoin Treasury appeared first on 99Bitcoins.

Salvadoran President Nayib Bukele recently highlighted the size and significance of the country’s natural gold reserves and how they can be used to improve the quality of life for Salvadorans. President Nayib Bukele Defies Mining Ban Law, Aims to Take Advantage of Salvadoran Gold Reserves El Salvador might be close to taking advantage of its […]

DOT Vs ETH: Polkadot is breaking higher, like Ethereum. However, is buying DOT price now.. The post Is Buying Polkadot At $8 Better Than Going All In On Ethereum At $3,500? appeared first on 99Bitcoins.

Taiwan’s Financial Supervisory Commission (FSC) will implement new anti-money laundering (AML) rules for the cryptocurrency industry on November 30, a month earlier than initially planned, The Block reported first.New AML RulesUnder the updated regulations, cryptocurrency companies serving Taiwanese clients must register for AML compliance. Failure to register or adhere to the new rules could result in up to two years of imprisonment or fines of up to 5 million New Taiwan dollars (around $154,000).The Taiwanese regulator had previously announced that these rules would take effect on January 1, 2025. However, the implementation was unexpectedly moved forward by a month, with no explanation for the change.The new requirements state that all “virtual asset service providers” operating in Taiwan must establish a local company or branch office under the island’s Company Act and complete AML registration before commencing operations.Even companies already complying with Taiwan’s existing [...]

Wealthy investors’ appetite for Bitcoin continued to grow as BTC's price is once again eyeing the $100,000 milestone going into December.

Bitcoin bulls avoid further retests of round-number levels as support, while Ethereum finally wakes up.

OKG Research’s forecast of $2.28 trillion in bitcoin inflows by 2025 underscores the asset’s growing importance in the global financial ecosystem. Bitcoin Can Hit Another Landmark in 2025 The cryptocurrency market is no stranger to bold predictions, and a new report by OKG Research, the research division of the Oko Cloud Chain Institute forecasts that […]