Month: December 2024

Bitcoin (CRYPTO: BTC) faces mounting pressure to hold above the critical $100,000 mark, with market participants divided over whether the cryptocurrency will sustain its momentum or retreat further before year-end. Following a sharp liquidation cascade, where over $1.58 billion was wiped out, Bitcoin is currently trading at $97,620, down...

Speaking to CNBC’s Dan Murphy yesterday, Eric Trump (Donald Trump’s second son) announced the US crypto sector will soon have clearer regulations that “hopefully the rest of the world follows.”  He conveyed his opinions in conjunction with Hester Pierce (US SEC Commissioner), who reportedly outlined three significant points that...

Legendary trader Peter Brandt, known to be a long-term XRP (CRYPTO: XRP) critic, deemed the cryptocurrency’s price chart the “most powerful” on Sunday.  What happened: Brandt, a seasoned chartist with nearly 50 years of experience, used X to highlight XRP’s breakout from a symmetrical triangle pattern. “This the most...

As Ethereum broke past $4,000 on December 7th, one notable crypto personality placed a sell order valued at $119.7 million. According to on-chain data, Tron’s Justin Sun completed a transfer of 29,920 ETH to HTX as Ethereum continued its impressive run three days ago. Ethereum’s price last touched the...

CEO and co-founder of Block Inc. Jack Dorsey made an appearance in Kenya for the Africa Bitcoin Conference, which will take place in Nairobi from Dec. 9 to 11. What Happened: Dorsey, who had previously endorsed the conference in April at a Bitcoin (CRYPTO: BTC) event in Madeira, Portugal, is fulfilling his promise to...

Investors in Microsoft Corp. (NASDAQ:MSFT) and Amazon.com Inc. (NASDAQ:AMZN) are evaluating proposals to invest in Bitcoin (CRYPTO: BTC) following the notable gains achieved by MicroStrategy Inc. (NASDAQ:MSTR) through its bitcoin strategy. What Happened: Microsoft shareholders are set to vote on Dec. 10 on a proposal to consider bitcoin as a balance sheet asset. The proposal,...

Changpeng Zhao, the founder of the world’s biggest cryptocurrency exchange, Binance, said Monday that Bitcoin (CRYPTO: BTC) would transition from a speculative investment to a utility asset over the next decade. What Happened: During the Bitcoin MENA Conference in Abu Dhabi, Zhao, popularly known as CZ, expressed confidence that the...

Abdu Rozik told Cointelegraph at Bitcoin MENA in Abu Dhabi that celebrities should have good intentions when entering crypto....

As President-elect Donald Trump threatened BRICS countries against a reserve currency, economist Jeremy Siegel says “Bitcoin is far more of a threat to replace the dollar in world reserves than anything created by the emerging market economies.” What Happened: BRICS, an intergovernmental organization, comprises nine countries including Brazil, Russia,...

Anton Tkachev, a State Duma deputy from the “New People” party, has formally proposed the establishment of a Strategic Bitcoin Reserve (SBR). Tkachev submitted an appeal to the Russian Minister of Finance, Anton Siluanov, advocating for the creation of a Bitcoin reserve analogous to the country’s existing reserves in...