Ohio State Representative Derek Merrin is following in the footsteps of other representatives across the U.S., bringing forward a bill that would authorize the state’s treasury to invest public funds ...
Category: Bitcoin
Live Bitcoin News Updates.
Metaplanet records first profit in seven years, driven by Bitcoin strategy
Metaplanet, an investment firm based in Tokyo, is expected to record its first consolidated operating profit in seven years as it continues to improve its financial position. The firm claimed that it ...
Bitcoin Slides to a Low of $100,227 Following Federal Reserve Rate Cut
Bitcoin (BTC) experienced a sharp decline today, dropping from $105,500 to $100,227 after the U.S. Federal Reserve announced a quarter-point reduction in the benchmark interest rate. The sudden market...
BREAKING: The Anticipated Moment Has Arrived! FED Announced Interest Rate Decision! Here is Bitcoin’s First Reaction
The FED announced its interest rate decision, which was eagerly awaited by all markets. As expected, the Fed cut interest rates by 25 basis points. Now, all eyes will be on the meeting to be held by F...
Bitcoin’s Future Uncertain as Fed Cuts Rates and Inflation Concerns Weigh on Crypto Markets
The Federal Reserve’s recent decision to cut interest rates has caused a stir in the crypto markets, with many investors pondering its implications amid rising inflation fears. This juncture marks a p...
US Fed Chair Jerome Powell Breaks Silence on Bitcoin Strategic Reserve
Federal Reserve Chair Jerome Powell has dismissed any chances of the central bank adding Bitcoin to its balance sheet, pointing to legal constraints under the Federal Reserve Act. Speaking at a press ...
Coinbase Wins Against BiT Global in Wrapped Bitcoin Lawsuit
Coinbase has prevailed in a legal dispute with BiT Global over the planned delisting of wrapped Bitcoin (wBTC) from its trading platform. The case gained attention after BiT Global sought a temporary ...
Bitcoin Profit-Taking Declines as Analysts Suggest Potential for Future Price Increases Amid Market Volatility
Bitcoin enthusiasts and investors are adjusting their strategies following significant price fluctuations, as a potential new rally looms. Despite recent drops, Bitcoin’s fundamentals remain robust, w...
Bitcoin (BTC) Cools Off a Breather After Doji Candle in a Cautious Pre-Fed De-Risking
Bitcoin (BTC) is taking a breather, experiencing selling pressure after Tuesday’s indecisive price action marked by a Doji candle. This seems to be a classic case of traders de-risking in antici...
Bitcoin Price Rally to $500K Can be Triggered by This Phenomenon: Bitwise CIO
In an interview, Matt Hougan, the Chief Investment Officer at Bitwise Asset Management, has said that if the United States begins to use a strategic bitcoin reserve, Bitcoin price could be worth $500,...
MicroStrategy Rumored to Pause Bitcoin Purchases in January
Speculation is growing that MicroStrategy (MSTR) could halt Bitcoin (BTC) purchases in January due to a rumored blackout period on issuing shares or convertible debt. A blackout period for publicly tr...
Bitcoin Price Prediction: Analysts Say if BTC Hits $150K By Year-End These Altcoins Could 1000x
The recent explosive crypto market rally has made many analysts think twice and update their bullish price predictions. If Bitcoin can continue its bullish momentum to reach $150K, the likes of Stella...
Bitcoin slips after Fed’s interest rate decision
Bitcoin dropped to below $100,500 as S&P 500 slipped 2.5% The Fed signalled a 50 bps rate cut for 2025, taming risk appetite. Bitcoin price fell nearly 6% to below $100,500 on December 18, 2024 as...
Investment Company CIO Announces Bitcoin Price Prediction: “If This Happens, Even $200,000 Will Look Strange”
Bitcoin (BTC) has made a historic breakout, trading above $106,000 after reaching a new all-time high earlier this week. According to Matt Hougan, CIO of Bitwise Asset Management, this is just the beg...
Bitcoin ETFs surpass gold ETFs in AUM
Key Takeaways Bitcoin ETFs have surpassed gold ETFs in total assets under management, with Bitcoin funds reaching $129 billion. BlackRock’s iShares Bitcoin Trust is the market leader in Bitcoin ...
Bitcoin Price Tumbles Toward $100K Despite Fed’s Latest Rate Cut
The United States Federal Reserve announced a third consecutive rate cut, this time by 25 basis points. Unlike the previous such occasions in the past few months, bitcoin and the rest of the crypto ma...
Bitcoin Price Drops As Jerome Powell Says Federal Reserve ‘Not Allowed’ To Hold BTC
The price of Bitcoin is testing $100,000 after Fed Chair Jerome Powell issued a statement on the central bank’s ability to hold BTC. Powell took questions from reporters after announcing the Fed it ha...
What is the Possible Christmas Bitcoin Price Prediction This Year?
As the countdown to Christmas begins, the crypto market is buzzing with anticipation to see if the festive spirit will ignite a record-breaking rally this year. Historically, Bitcoin (BTC) has deliver...
Bitget Receives Bitcoin Service Provider License in El Salvador
Bitget receives Bitcoin Service Provider license in El Salvador, expanding its services and regional growth in Latin America and Europe. Bitget, a leading cryptocurrency exchange, has received major a...
Bitcoin Whale Wakes Up After Three Years To Move $530,000,000 in BTC to New Wallets, Pays $46 in Fees: Arkham
A Bitcoin (BTC) whale that last transacted about 44 months ago has awakened and moved over half a billion dollars worth of the flagship crypto asset, according to on-chain data. Blockchain analytics p...
Bitcoin Faces Sell-Side Pressure Ahead of Fed’s Interest Rate Decision amid Speculation of Future Cuts and Hikes
Bitcoin is currently navigating intense sell-side pressure ahead of the Federal Reserve’s crucial interest rate decision, raising questions among traders. As the market anticipates potential rate cuts...
Bitcoin Policy Institute Drafts Executive Order for US Strategic Bitcoin Reserve
The draft executive order by the Bitcoin Policy Institute seeks to extend the conversations regarding the U.S. establishing a strategic bitcoin reserve. Establishing Bitcoin as a National Asset for Am...
Bitcoin falls to $100,000 following hawkish FOMC despite 25bp rate cut
Bitcoin (BTC) fell to a low of $100,300 following hawkish comments by Fed chair Jerome Powell during the Federal Open Market Committee’s (FOMC) Markets retreated lower despite the expected 25 basis po...
Michael Saylor Sees MARA as Future Bitcoin Powerhouse
MARA Holdings aiming for Nasdaq 100 following a $600M Bitcoin purchase. MARA’s prospects improve with MicroStrategy’s Nasdaq 100 admission. According to the founder of MicroStrategy, Michael Saylor, a...
Bitwise CIO Says BTC To $500k Is “Easy” If Strategic Bitcoin Reserve Happens
Bitwise Chief Investment Officer (CIO) Matt Hougan has predicted that Bitcoin could easily reach $500,000 if the Strategic Bitcoin Reserve happens. The Bitwise CIO explained how the introduction of th...
Ohio Representative Proposes Bitcoin Reserve Act
The Ohio Bitcoin Reserve Act seeks to incorporate bitcoin into the state’s financial reserves while diversifying its investment portfolio. Rep. Merrin Wants Bitcoin in Ohio’s State Treasury Ohio State...
Bitcoin Marks New All-Time High Price Above $108K as XRP Jumps
Bitcoin broke a new all-time high on Tuesday morning New York time, smashing past $108,000 per coin before dropping sharply. The biggest coin is now trading for $107,020, CoinGecko data shows. Over th...
Analysis Company Shares The Level Bitcoin Must Surpass – “If This Level Is Exceeded, These Are The Targets In 2025”
Cryptocurrency analytics firm Alphractal has published an in-depth assessment of the Bitcoin market, focusing on the “STH & LTH Sentiment Price Bands” metric. According to the firm, Bitcoin’s pric...
$200,000 Bitcoin Price Target To Look ‘Quaint’ if US Government Launches BTC Reserve: Bitwise CIO Matt Hougan
The chief investment officer of crypto asset management firm Bitwise predicts Bitcoin will surge well beyond $200,000 if the US ever launches a BTC strategic reserve. In a new interview on Yahoo Finan...
Potential Insights on Bitcoin’s Price Trajectory Through 2045 and the Impact of ETF Adoption
Bitcoin continues to capture attention as industry leaders express bold predictions, particularly from Michael Saylor of MicroStrategy, highlighting its potential future value. This speculation comes ...
$400,000,000 Destroyed as Bitcoin (BTC) Drops Below ATH
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Ohio lawmaker pushes for state-backed Bitcoin reserve
Key Takeaways Ohio is considering a Bitcoin reserve to hedge against the dollar’s devaluation. Similar state-level initiatives for Bitcoin reserves are underway in Texas and Pennsylvania. Ohio S...