Robinhood CEO says ‘NO’ to Bitcoin as strategic asset, Details

Journalist Posted: December 25, 2024 Robinhood has decided not to hold Bitcoin as an investment. The company’s cryptocurrency division reports a 165% revenue surge despite Bitcoin market volatility. A...

Bitcoin Short-Term Holders Indicate Potential Correction Before Possible Rebound Towards $160K

Bitcoin’s recent price trajectory suggests potential volatility, as short-term holders capitalize on profits amid market fluctuations. The observed trend in the Spent Output Profit Ratio (SOPR) indica...

Bitcoin or altcoins? Who will win the holiday season with Santa rally

Bitcoin slipped 12% from its all-time high of $108,353, erasing gains from the second week of December. As Christmas nears, crypto traders ponder whether the market will see a “Santa Claus” rally this...

Bitcoin miners struggle despite BTC’s 130% surge in 2024

Key Takeaways Bitcoin surged over 130% in 2024, but most mining companies’ stocks ended the year in the red. Rising operational costs, increased mining difficulty, and reduced block rewards from the h...

El Salvador Raises Daily Bitcoin Purchase Elevenfold for Two Days As BTC Reserves Soars to Over $574,000,000

The government of El Salvador raised its daily Bitcoin (BTC) purchase by elevenfold on two separate days in the past week. The Central American country started buying one BTC every day in November 202...

Cryptocurrency Market Gains Momentum Following BTC Surge

Cryptocurrency markets are witnessing a notable rebound as Bitcoin (BTC) breaks the $98,000 mark, signaling a potential end to its recent slump. Traders are cautiously optimistic, with altcoins also e...

3 Key Metrics That Hint Bitcoin Price Will Hit $100K Soon

After crashing nearly 15% Bitcoin has spent nearly a week below $100K and BTC currently trades at $94,124. Despite the brutal crash and sideways movement when will Bitcoin price hit $100,000? This art...

Bitcoin Supply Reaches 19.8 Million Mark, Nearing Maximum Limit

Data reveals that Bitcoin’s total circulating supply has surpassed the 19.8 million mark, a notable milestone as the cryptocurrency edges closer to its maximum supply cap of 21 million. 19.8 Million B...

Canadian Firm Matador to Adopt Bitcoin as Reserve Asset, Plans $4.5M Initial Purchase

Canada-based Matador Technologies announces adopting Bitcoin as a strategic reserve asset, disclosing plans to open the purse with a $4.5 million purchase. Bitcoin’s adoption as a strategic reserve as...

North Korean Hackers Stole Over $300 Million from DMM Bitcoin

The latest investigation suggests that North Korean hackers, known as the TraderTraitor group, were behind the Japanese crypto exchange DMM Bitcoin hack. The TraderTraitor hackers reportedly have clos...

U.S. Spot Bitcoin ETFs Record $226M in Net Outflows on December 23

U.S. Spot Bitcoin ETFs Record $226M in Net Outflows on December 23 The U.S. spot Bitcoin ETFs faced significant net outflows totaling $226.42 million on December 23, marking the third consecutive day ...

MicroStrategy Calls Special Shareholder Meeting to Advance 21/21 Bitcoin Plan

Corporate Bitcoin investor MicroStrategy has announced a Special Meeting of Shareholders to address proposals that aim to advance its Bitcoin-focused 21/21 Plan while simultaneously streamlining capit...

Bitcoin Dominance Breakdown Confirmed – The Next Altseason Is Right Around The Corner

Bitcoin has been struggling to reclaim the $100,000 mark, facing persistent resistance while finding strong support around $94,000. Yesterday brought an interesting twist to the crypto market. While B...

MicroStrategy Deepens Bitcoin Commitment with $561 Million Purchase Ahead of Possible Pause

MicroStrategy Incorporated (NASDAQ: MSTR) has once again demonstrated its unwavering commitment to Bitcoin, announcing the purchase of 5,262 additional BTC for approximately $561 million.  The acquisi...

Bitcoin Sees Potential Rebound Above $98,000 Amid Santa Rally Hopes and Increased Buying Pressure

As Bitcoin’s price sees a substantial uptick, many investors are hopeful about the potential for a year-end rally in the cryptocurrency market. The latest surge in Bitcoin’s price has invigorated trad...

Bitcoin’s Struggles May Fuel an Altcoin Rally, Says QCP Capital

QCP Capital: Altcoin Surge May Be Imminent Amid Bitcoin Volatility The cryptocurrency market could be heading for a significant shift as Bitcoin (BTC) struggles with sustained volatility, according to...

Protect Your Non-Custodial Bitcoin Wallet — Support The Open Dialogue Foundation

Follow Frank on X. In a new report, the Open Dialogue Foundation (ODF) provides an overview and analysis of upcoming regulatory proposals around non-custodial Bitcoin and crypto wallets in the Europea...

Bitcoin’s $100K milestone reflections, what’s next

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. BOB (“Build on Bitcoin”), a hybrid layer-2 solution leveraging Bitcoin and Ethereum, has taken a significant step fo...

Bitcoin (BTC) Soars to $98,000 Before Christmas Eve

Ahead of Christmas Eve, Bitcoin just surpassed the $98,000 mark on December 24, sparking the discussion about the ‘Santa rally’ in the crypto community. According to an analysis by Rekt Capital, Bitco...

Forget the stability of Bitcoin, these coin memes could turn $100 into $1 million.

SPONSORED POST* Bitcoin has long dominated the crypto scene, but a new breed of digital coins is stealing the spotlight. These meme-inspired tokens are making waves by turning tiny sums into massive f...

MicroStrategy’s Future Strategies: Analyzing Bitcoin’s Impact Amid Speculation of $3 Trillion Investment

MicroStrategy’s latest moves are stirring speculation in the crypto market, particularly regarding its potential acquisition of Bitcoin worth $3 trillion. Concerns arise as analysts scrutinize the fea...

Can Bitcoin stabilize below $90K amid short-term holders profit-taking?

Bitcoin short-term holders were still selling their coins at a high profit suggesting a correction could be in play. However, Funding Rate, Premium and OI fractal for 2024  suggested that BTC could hi...

$2,200,000 Per Bitcoin – Max Keiser Predicts

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended ...

Trump doesn’t need Powell and the Fed’s approval to launch a Bitcoin strategic reserve

Last week, Federal Reserve Chairman Jerome Powell wanted everyone to know one thing: the Federal Reserve isn’t touching Bitcoin. Not now, not ever. During a press conference following the Fed’s moneta...

Michael Saylor Suggests Jeff Bezos Consider $600 Million Investment in Bitcoin Amid Declining XRP Investor Engagement

In a tumultuous week for cryptocurrency, new developments from MicroStrategy, XRP’s declining engagement, and SHIB’s massive burn rates dominate the headlines. With Bitcoin’s volatility continuing to ...

Bank of Italy Publishes Report on Bitcoin: Includes Some Shocking Remarks

In its latest Economic and Financial Research Report No. 893, the Bank of Italy (Banca d’Italia) classified Bitcoin peer-to-peer (P2P) services as “Crime-as-a-Service”, citing their suspected ro...

Bitcoin Struggles to Reclaim $100K, Market Sentiments Remain Extremely Bullish-Will it Mark a New ATH at $110K?

After recovering from the interim lows at around $92,400, the Bitcoin price has been consolidating below $95,000 for over a couple of days. As a result, these levels have become one of the pivotal lev...

MicroStrategy’s $299 Million Bitcoin Benefit Highlights Strategic Commitment to Shareholder Value

MicroStrategy continues to make headlines in the cryptocurrency sector with its recent announcement of a substantial Bitcoin yield, affirming its commitment to shareholder value. Last week, the compan...

Bitcoin’s surge prove Wall Street’s crypto converts right

Bitcoin smashed through the $100,000 mark this month, erasing doubts about the career choices of Wall Street elites who risked everything for crypto. These weren’t small-time players—they were Ivy Lea...

Bitcoin sees 2024’s largest weekly outflow from exchanges – What does it mean?

Bitcoin (BTC) retraced below the $100,000 psychological level, bringing uncertainty for some and a buying opportunity for others. As a display of the latter, exchanges registered over $2 billion in BT...

Bitcoin Price Correction To Extend? Past Trends Points To A Potential 30% Dip

Bitcoin’s short-term outlook continues to appear negative as volatility mounts in the general crypto market. Over the past few days, the digital asset has dropped as high as 11% since reaching a new a...

Russia Bans Crypto Mining In 6 Regions Amid Bitcoin Strategic Reserve Anticipation

In a recent development, Russia has imposed a ban on crypto mining in six regions from January 1, 2025. Notably, the restrictions will be imposed on the regions for six years and will be in effect til...