Russia has been actively experimenting with digital financial assets (DFAs) in foreign trade in line with the country’s legislation, according to a senior government official. Russian Finance Minister Anton Siluanov discussed US dollar alternatives for international trade in an interview on the state-owned news channel Russia-24 on Dec. 25. Siluanov said the Russian government has passed legislation […]
Cryptocurrency
Bitcoin Prepares for Post Christmas Momentum Toward $150K
Bitcoin’s (BTC) historical price trends suggest a recurring pattern of strong upward momentum following Christmas, particularly during halving cycles. They highlight how Bitcoin typically enters a profit zone after each halving event, with price increases accelerating in the months following the December holiday season. Bitcoin Price Performances Post Christmas in Halving Years After the 2012 halving, […]
MicroStrategy Sinks After Nasdaq 100 Inclusion: Bitcoin Bet Under Fire?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shares of MicroStrategy Inc. (NASDAQ:MSTR) fell more than 8.5% Monday, marking a rough debut to its nascent tenure among the Nasdaq 100. The software company and top corporate Bitcoin (CRYPTO: BTC) holder has struggled lately, logging its fifth […]
What Google’s quantum computing breakthrough Willow means for the future of bitcoin and other cryptos
Google’s recent announcement of the arrival of Willow, a quantum chip that has reduced the error tendencies of some of its predecessors, is a milestone in the effort to bring quantum computing into the real world, and in the years ahead, it could change the way we think about the risk in cryptocurrencies. Willow’s speed is almost incomprehensible […]
How Strategic Bitcoin Reserves Could Help Offset US Debt, CEO Explains
The United States election was one of the most defining events in the crypto space in 2024. Specifically, the reelection of Donald Trump revived Bitcoin and the entire crypto market after an uninspiring second and third quarter. One of the promises made by President-elect Trump in the run-up to the polls was the institution of […]
Vaneck’s 2025 Crypto Predictions: Bull Market to Persist, Anti-Crypto Policies Ending
Asset management firm Vaneck has shared its 2025 crypto predictions, highlighting a strong bull market, rising bitcoin and ethereum prices, growing altcoins, and increased institutional and government adoption. Vaneck Unveils 2025 Crypto Predictions Vaneck, a leading asset management firm, released its “10 Crypto Predictions for 2025” on Dec. 13, projecting a bullish year for digital […]
Record-Breaking $1.24 Billion USDC Inflow Hits Spot Exchanges – What This Means For Bitcoin
Bitcoin has faced a rollercoaster of price action over the past few days, hitting an all-time high last Tuesday before succumbing to a sharp 15% correction. The recent volatility has sparked a mix of uncertainty and opportunity among market participants. Despite the downturn, BTC remains a focal point for investors, with eyes on whether it […]
Governments and banks once mocked Bitcoin. Now they want in on it
Bitcoin has proven to be one of the best-performing assets in modern history. The value of the cryptocurrency has increased some 1,000 times over the past decade, far outpacing US stocks and real estate. Buoyed by United States President-elect Donald Trump’s crypto-friendly stance, Bitcoin’s record rally hit a new high of $107,000 on Monday after […]
Bitcoin Faces Supply Shock as Sell-Side Liquidity Hits Four-Year Low
The Bitcoin market is grappling with a significant supply shock, as sell-side liquidity has plummeted to levels not seen since October 2020. According to on-chain analytics firm CryptoQuant, only 3.397 million Bitcoin (BTC) are currently available for sale across exchanges, miners, over-the-counter (OTC) desks, and the Grayscale Bitcoin Trust (GBTC). This marks a sharp decline of […]
Bitcoin trades around $97,000, recovers from earlier losses
Bitcoin hovered around the $97,000 mark on Friday, recovering from earlier losses amid broader investors caution toward risk assets. Bitcoin dipped below the $93,000 mark earlier in the day before trading above that price in volatile trade. The digital asset was last trading at $96,597.36, according to Coin Metrics, hovering near level attained about 24 hours […]