During his 2024 election campaign, United States President-elect Donald Trump made many crypto-related promises, including establishing a “strategic Bitcoin stockpile.” The idea has since picked up steam both in the United States and abroad. While there has been plenty of talk, a clear roadmap and timeline for the implementation of a Bitcoin BTC$95,260 strategic reserve haven’t been […]
Cryptocurrency
Bitcoin price move toward $100K opens doors for SHIB, FIL, MNT, AAVE
Bitcoin BTC$97,677 is consolidating just below the $100,000 level, suggesting that the bulls are not rushing to the exit as they anticipate the uptrend to continue. Global Macro Investor founder and CEO Raoul Pal posted a chart on X suggesting that Bitcoin could form a local top above $110,000 by January. Several analysts remain bullish for the next year. […]
Establishment’s Takeover of Bitcoin Creates a New List of Risks
Bitcoin exchange-traded funds have been such a smashing success in the US that they now hold more than 1 million of the tokens, or about 5% of what currently exists. That’s in the same ballpark as the amounts that have long been frozen in the wallet of the market’s original whale: The cryptocurrency’s anonymous and […]
Bitcoin records 129% year-to-date gain seven months after halving
Bitcoin BTC$97,735 recorded a 129% year-to-date gain, primarily driven by the outcome of the 2024 United States Presidential election and the April 2024 halving event. According to data from ICO Analytics, Bitcoin also experienced a 37% gain in November 2024. The ICO Analytics data measured monthly Bitcoin performance between 2011-2024 and revealed only three other years where Bitcoin […]
Why Bitcoin could trade at $140,000 in December
If Bitcoin (BTC) replicates past cycle performances, the asset could trade at $100,000 or higher in December. Notably, the cryptocurrency market remains on edge, anticipating Bitcoin’s push to the six-figure valuation amid the ongoing post-election rally. Historically, Bitcoin has shown a tendency to rally in December following the United States presidential election years. Specifically, during […]
Bitcoin dominance hints at ‘altseason,’ analysts eye XRP price rally into 2025
Bitcoin dominance has printed a significant signal for altcoin investors, that could see smaller cryptocurrencies rally during December and attract more investments ahead of Jan. 20. Bitcoin BTC$96,316 dominance, which measures the ratio of Bitcoin to the total value of the crypto market, has fallen to 56.1%, below its two-year support line, signaling that the market is […]
Bitcoin Could Capture 10% Of $20 Trillion Global Money Supply Growth In 2025, Analyst Predicts
While the crypto market eagerly anticipates Bitcoin (BTC) breaking the $100,000 price level, the premier cryptocurrency may have even more room for growth in 2025 as the global M2 money supply expands. Global Liquidity Surge: A Catalyst For Bitcoin? In a detailed analysis on X, Jamie Coutts, chief crypto analyst at Real Vision, brought his follower’s attention […]
Trump Administration To Reportedly Let CFTC Regulate Bitcoin, Ethereum Spot Market, Is The SEC Set To Lose Its Grip Over Crypto?
The incoming Donald Trump administration is reportedly planning to extend the regulatory power of the Commodity Futures Trading Commission to oversee a major portion of the cryptocurrency market. What Happened: The CFTC’s role could soon expand to include the regulation of spot markets for major assets such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), […]
Ripple Invests in XRP ETP as Crypto Demand Explodes Globally
Ripple Invests in XRP’s Future With Bold Bet on Bitwise ETP Ripple announced its investment in the rebranded Bitwise Physical XRP exchange-traded product (ETP) on Wednesday, signaling its commitment to expanding access to XRP in institutional markets. The move highlights XRP’s growing importance in the cryptocurrency sector, with a market value exceeding $80 billion. Ripple’s CEO, Brad Garlinghouse, emphasized: Global demand […]
Bitcoin heads for nearly 40% November gain as it edges closer to $100,000
The price of bitcoin is tracking for one of its best months of the year after former President Donald Trump’s election victory catapulted the flagship cryptocurrency to new records consistently throughout the month. Bitcoin is on pace to post a 38% gain for November, according to Coin Metrics, which would make the month its best […]