Category: Bitcoin

As talk of a potential Bitcoin (BTC) strategic reserve grows and sovereign states weigh adopting BTC as a reserve asset, crypto custody company Casa recently announced a self-custody option for nation-states called Praetorian. The new service will provide sovereign powers with security through Casa’s multisignature crypto vaults. Each vault is located in a different jurisdiction…

MicroStrategy (MSTR) is expected to join the Nasdaq 100 stock index on Dec. 23, with an announcement coming as soon as this week, according to a post on the X platform by Bloomberg Intelligence analyst Eric Balchunas. The placement will rank MicroStrategy, a software company that became a de facto Bitcoin (BTC) hedge fund in…

Crypto exchange-traded fund (ETF) issuer Bitwise has predicted at least five “crypto unicorns” will go public in 2025 — including stablecoin issuer Circle and crypto exchange Kraken. The so-called “crypto bank” Anchorage Digital, analytics firm Chainalysis and crypto exchange Figure were the other three firms expected to launch an Initial Public Offering next year —…

Bitcoin’s (BTC) price exhibited a bearish engulfing pattern on the daily chart for the first time since Oct. 21, retesting its support at $95,000 before descending lower. Bitcoin 1-day chart. Source: Cointelegraph/TradingView While Bitcoin’s long-term market structure remains unchanged, one analyst underlined key price levels for Bitcoin that need to be observed over the next…

While celebrity-launched memecoins often cause controversy, social media influencer and singer Abdurozik Savriqul Muhammadroziqi, known as “Abdu Rozik,” believes the solution is simple: be a good person.  Speaking at the Bitcoin MENA event in Abu Dhabi, Rozik shared his plans to explore the crypto and blockchain space. Known for his career as an actor, boxer…

Total value locked (TVL) across the decentralized finance (DeFi) ecosystem is approaching highs not seen since 2021, according to data from DefiLlama.  The TVL spike has been driven by the adoption of liquid restaking tokens (LRTs) and the growth of Bitcoin-native layer 2 networks (L2s), the data shows. Rising cryptocurrency prices due to 2024’s bull…

Bitcoin (BTC) saw its first weekly close above $100,000, which was a volatile start to a new trading week. Weekly close records do not last long as analysis warns that the market should fill a $10,000 downside wick from last week. CPI week dawns, and the United States Federal Reserve is less than ten days…

The National Center for Public Policy Research — a Washington DC-based think tank championing free markets — has submitted a shareholder proposal to Amazon Corp arguing for a Bitcoin (BTC) corporate treasury strategy to be considered at the April 2025 shareholder meeting. According to the letter from the think tank, the Consumer Price Index (CPI)…

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 2024.  Bitcoin’s latest ascent speaks to its evolution from a curious experiment to a legitimate global financial asset. But the…

The altcoin market has seen substantial gains since Donald Trump’s United States presidential victory, but a venture capitalist has warned of a potential near-term shakeout as institutional investors increase their profit-taking activity. However, not all traders agree. “Considering alt season tapped out for now,” Hartmann Capital managing partner Felix Hartmann said in a Dec. 7…

Bitcoin (BTC) faces more “choppy” moves as a dedicated BTC price metric boils over. Research from onchain analytics platform CryptoQuant on Dec. 6 suggests that rangebound behavior will keep frustrating Bitcoin bulls. Analysis: Bitcoin risks a choppy end to 2024 Bitcoin hitting new all-time highs near $104,000 this week preceded a snap crash of more…

Bitcoin’s price has swiftly recovered above $100,000 after a flash crash cast a wick down to $90,500 on Dec. 5. Bitcoin 4-hour chart. Source: Cointelegraph/TradingView Despite the 14% plunge from its all-time high of $104,600, Bitcoin (BTC) has rallied by 4.57% on the daily chart, maintaining a bullish position above each exponential moving average (EMA)…

Bitcoin (BTC) experienced unprecedented intraday volatility on Dec. 5, with a dramatic $12,396 price swing that saw the cryptocurrency reach a remarkable low of $91,463. Analysts estimate that over $4 billion worth of leveraged BTC futures were liquidated during this period, surpassing the previous peak recorded during FTX’s bankruptcy in November 2022. What truly stood…

Ex-PayPal exec David Sacks, the incoming “White House A.I. & Crypto Czar” named by United States President-elect Donald Trump, is a major Solana bull and a backer of the crypto investment firm Multicoin Capital. Sacks, a former PayPal operating chief and current co-host of the All-In business and technology podcast, was officially appointed by Trump…

FT Alphaville — a daily news commentary service created by the Financial Times — has been slammed on X after issuing a spiteful apology to Bitcoiners as the asset soared to $100,000 on Dec. 5. The op-ed — published on the same day — was seen as a tongue-in-cheek apology to those who chose not…

Bitcoin has reached the historic $100,000 milestone almost 16 years after launching in 2009 — but the road hasn’t been easy for OG Bitcoiners, who have had to endure some of the most brutal attacks from mainstream media’s (MSM) biggest names. Media coverage of Bitcoin (BTC) started slowly picking up around the time its pseudonymous…

Long-collapsed crypto exchange Mt. Gox moved over 24,000 Bitcoin, worth nearly 2.47 billion, to an unknown address on Dec. 5 after the cryptocurrency hit a milestone of $100,000. Arkham Intelligence data shows the exchange moved 24,051 Bitcoin (BTC) to an unknown address starting with “1N7j” at 2:45 am UTC on Dec. 5 in its first…

Trading volume on centralized cryptocurrency exchanges (CEXs) hit all-time highs in November, with volumes exceeding $10 trillion across spot and derivatives markets, according to a Dec. 3 report by CCData, a crypto researcher. November marked the first time monthly trading volumes broke $10 trillion, CCData said, adding that CEX volumes increased by more than 100%…

A crypto analyst warned there was a high likelihood of a “flash crash” after the broader crypto market clocked significant gains over the past month. “If corrections happen, and they will, and a flash crash is likely to happen, inducing a massive liquidation crash across Altcoins,” MN Capital founder and crypto analyst Michael van de…

Foundry, the world’s largest Bitcoin (BTC) mining pool, has laid off 27% of its staff amid a planned restructuring, a person familiar with the matter told Cointelegraph on Dec. 3. The layoffs include 16% of Foundry’s United States-based workforce and a portion of its team in India as well, the person said. Foundry’s parent company,…