GAVIN WAX: Trump Is America’s First Bitcoin President — The Results Will Be Glorious
President-elect Donald Trump has reaffirmed one of his most important campaign promises, although it is not widely reported or understood: “I will be a Bitcoin-friendly president.'' In a recent interview with CNBC, President Trump said, “We're going to do something great with cryptocurrencies, because we don't want China or anyone else to do it…but other […]
Is the Bitcoin DCA opportunity over? Here’s what traders are thinking – Cointelegraph
Amid the price stall in the last few days of 2024, Bitcoin’s dominance has recovered to nearly 60%, increasing the belief among traders that it may be time to switch their accumulation strategies to altcoins. are. “At the moment, altcoins offer much more optimal R/R. [Risk Reward] “It has a better profile than Bitcoin,” crypto […]
Japanese Government Skeptical of Bitcoin Reserve – U.Today
According to reports, the Japanese government not ready Accepting the idea of adopting Bitcoin as a reserve currency. Satoshi Hamada, a current member of the House of Councilors, recently called on the Japanese government to follow the example of the United States and use part of its foreign exchange reserves to purchase Bitcoin. However, Prime […]
Bitcoin bulls are back: BTC derivatives data hints at rally to $105K – Cointelegraph
Bitcoin (BTC) has risen 6.5% from its December 23 low of $92,458, but failed to break above the $98,000 resistance level. Traders expressed renewed confidence after a sharp 14.5% correction following the record high of $108,275 on December 17th. Bitcoin derivatives maintain a neutral to bullish stance, suggesting that rapid price movements have not had […]
Crucial Bitcoin Metric Back To Healthy Bull Levels: Analyst – Bitcoinist
Analysts explained how Bitcoin's key indicators have returned to levels considered healthy for the bull market's uptrend. Realized prices for short-term Bitcoin holders are no longer rising rapidly new post At X, analyst James Van Straten talked about the 7-day percentage change in realized price for short-term Bitcoin holders. “Realized price” here refers to on-chain […]
Russia is free to use Bitcoin in foreign trade, says finance minister – Cointelegraph
According to a senior government official, Russia is actively experimenting with digital financial assets (DFA) in foreign trade in line with the country's laws. Russian Minister of Finance Anton Siluanov discussed In an interview with state news channel Russia 24 on December 25, he spoke about alternatives to the US dollar in international trade. Siluanov […]
BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days – Cointelegraph
BlackRock's Bitcoin Exchange Traded Fund (ETF) saw total outflows from Bitcoin funds exceed $1.5 billion for the fourth consecutive business day, marking the largest single-day outflow ever. According to CoinGlass, BlackRock's iShares Bitcoin Trust ETF (IBIT) reached $188.7 million in outflows on Dec. 24, surpassing its previous record of $72.7 million set on Dec. 20. […]
Little-known Canadian crypto firm Matador adds Bitcoin to its books – Cointelegraph
Canadian real-world asset tokenization company Matador Technologies has become the latest company to incorporate Bitcoin into its treasury. company said The company announced on December 23 that its board of directors had unanimously approved adding Bitcoin (BTC) and “US dollar-denominated assets” to its balance sheet as part of what it calls a “long-term capital preservation […]
Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops – TradingView
Bitcoin has experienced mixed movements in the market recently, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics show a notable change in exchange activity, with Bitcoin (BTC) inflows to exchanges still increasing, while Tether (USDT) has recorded significant outflows . This trend suggests a potential “imbalance” […]
MicroStrategy calls shareholders meeting to fund more Bitcoin purchases – Cointelegraph
Software company MicroStrategy is convening a special shareholder meeting to expand its stock issuance plans and purchase more Bitcoin (BTC). According to Pursuant to a Dec. 23 proxy filing with the Securities and Exchange Commission, the company is seeking permission to increase the number of shares of both Class A common stock and preferred stock […]