For the third time this year, the United States Federal Reserve, led by Jerome Powell, has implemented its third interest rate cut. Amid the disclosed relative health of the US economy, the Federal Re...
Category: Bitcoin
Live Bitcoin News Updates.
Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day
On-chain data shows a massive amount of the stablecoin USDT has been moving to exchanges recently, potentially acting as fuel for the Bitcoin and wider cryptocurrency rally. USDT Exchange Inflows Have...
WBTC Episode ‘Reopened Old Wounds’ of Centralized Failures: Bitcoin Builders Association
Earlier this year, some users of wrapped bitcoin wBTC were dismayed to find its issuer BitGo was sharing custody of their bitcoin (BTC) with BiT Global, a Hong Kong-based crypto custodian partly owned...
El Salvador to Cut Back Bitcoin Plan for IMF’s $1.4B Loan?
As El Salvador finally reached a $1.4 billion loan deal with the International Monetary Fund (IMF), concerns over the country’s Bitcoin policy have risen amongst the crypto community. The deal with th...
California Court Allows Coinbase to Delist Wrapped Bitcoin
Coinbase has successfully fended off a restraining order sought by BiT Global as a California court ruled in favor of the exchange’s decision to delist wrapped bitcoin. The Hong Kong-based company Bi...
MicroStrategy Shifts Bitcoin Funding to Fixed-Income Securities
MicroStrategy co-founder Michael Saylor revealed plans to shift the company’s Bitcoin funding strategy toward fixed-income securities after its current fundraising program concludes. Speaking to Bloom...
Whale Watching: The Altcoins Gaining Momentum as Bitcoin's Dominance Continues!
Bitcoin continues to drive the crypto market higher, with three whale favorites surging ahead of the rest. Sui (SUI), Bitget (BGB) and crypto casino Rollblock (RBLK) are all soaring into the end of th...
Call for Dutch Bitcoin Reserve: A Bold Step Toward Economic Stability
The letter emphasizes the value of Bitcoin in guaranteeing economic stability and sovereignty. The call to action asks Dutch officials to place the Netherlands first in the digital financial revolutio...
Bitcoin (BTC) New Year Rally Ended? Ethereum (ETH) Crucial Bearish Pattern, Dogecoin (DOGE): Down Even More
Cover image via www.freepik.com 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 i...
Metaplanet’s ¥270M Profit Fueled by Bitcoin Strategies
Tokyo-based investment firm Metaplanet is set to report its first operating profit in seven years, projecting ¥270 million ($1.8 million) for 2024, a sharp turnaround from last year’s ¥468 million ($3...
Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals
Key Takeaways Bitcoin price fell under $100,000 due to a hawkish Federal Reserve stance. Meme tokens experienced sharp declines amid market sell-off. Bitcoin fell close to 6%, trading under $100,000 a...
Bitcoin Dips Below $100,000 as Powell Addresses National Reserve Concerns and Market Sentiment Shifts
Bitcoin fell below $100,000 for the first time in weeks after Federal Reserve Chair Jerome Powell dismissed the idea of a national bitcoin reserve. The cryptocurrency market, which saw Bitcoin peak at...
Bitcoin Slips Below $100K: Is The Rally Losing Steam?
Bitcoin price started another decline below the $105,000 zone. BTC is down nearly 5% and attempting a close below the $100,000 support zone. Bitcoin started a fresh decline from the $108,000 resistanc...
Bitcoin’s Memecoin-Like ‘Runes’ Get a Boost With AMM Launch on Stacks
Crypto degens have a new – and, if all goes according to plan, faster, cheaper and safer – way to trade Runes, the Bitcoin ecosystem’s answer to memecoins. An automated-market maker (AMM) for th...
Bitcoin Reacts to Fed’s Rate Decision
The U.S. Federal Reserve has decided to cut the benchmark interest rate by 25 basis points, which is in line with analysts’ expectations. The price of Bitcoin is currently trading at $103,729 on...
Fed’s Anti-Bitcoin Stance Triggers Major Crypto Market Sell-off
Today, December 19, 2024, the overall cryptocurrency market is experiencing notable losses, with major cryptocurrencies like Bitcoin (BTC), Solana (SOL), Ethereum (ETH), and XRP seeing significant pri...
El Salvador’s New IMF Deal Suggests Shift to Voluntary Bitcoin Adoption for Private Sector
El Salvador’s recent loan agreement with the IMF highlights crucial changes in its Bitcoin strategy, emphasizing a shift toward regulated cryptocurrency use. After extensive negotiations lasting four ...
US Senator Declares 2025 the Year for Bitcoin and Digital Assets, Pledges Sweeping Crypto Laws
U.S. Senator foresees 2025 as a pivotal year for cryptocurrency, highlighting plans for a strategic bitcoin reserve and sweeping pro-crypto legislation under new leadership. Strategic Bitcoin Reserve ...
“Bitcoin Could Rise to $180,000,” VanEck Says, But Warns of Two ”Red Alarms”
Bitcoin could rally to $180,000 next year if its historical post-election trends continue, according to Wall Street asset manager VanEck. But analysts at the firm warn that two critical indicators cou...
4 Best Long-Term Crypto Coins: BlockDAG, Chainlink, Arbitrum & Bitcoin Cash—Which One Will Lead the Next Bull Run?
New opportunities are emerging quickly in the altcoin space, with both well-known and newer cryptocurrencies bringing forward practical tools and fresh ideas to improve blockchain technology. Coins li...
Metaplanet Turns To Bitcoin With Massive 4.5 Billion Yen Bonds
Metaplanet Inc., a publicly traded company on the Tokyo Stock Exchange, is ramping up its efforts to build its Bitcoin portfolio. According to multiple reports, the Japanese Bitcoin consulting company...
Cryptocurrency Market Update: Bitcoin and Ethereum Experience Significant Price Drops, BTC Falls Below $99,500 and ETH Below $3,600
Bitcoin and Ethereum Prices Plummet: BTC Drops Below $99,500, ETH Falls Below $3,600—————💰Coin:Bitcoin ( $BTC ) $99,456.10Ethereum ( $ETH ) $3,578.78—————NFA. Source: https://en.coinotag.com/breakingn...
Bitwise CIO Says BTC Could Easily Hit $500K If Trump Administration Creates Bitcoin Reserve
Bitwise CIO Matt Hougan, in a recent interview, predicted that Bitcoin would reach as high as $500,000 if Donald Trump’s administration created the Strategic Bitcoin Reserve. He said that this develop...
Ohio Introduces Bill To Establish State Bitcoin Reserve
Ohio State Representative Derek Merrin introduced a bill to establish a Bitcoin reserve in the state’s treasury. Ohio becomes the third US state to do so after Texas and Pennsylvania. House Bill 703,...
Debate Arises Over Bitcoin’s Fixed Supply Cap Amid BlackRock’s Claims of Possible Changes
The debate over Bitcoin’s 21 million supply cap has gained traction following BlackRock’s controversial video, reigniting discussions among crypto enthusiasts. This debate underscores the critical imp...
Bitcoin, Crypto Eye Recovery as Analysts Bet on Resilience Despite Fed’s Hawkish Pivot
Crypto and broader equities fell sharply Wednesday as traders attempted to divine next year’s outlook following a hawkish pivot from the U.S. central bank. While the 25 basis point cut delivered by th...
Coinbase Can Delist Wrapped Bitcoin Amid BiT Global Challenge, Judge Rules
A federal judge denied BiT Global’s request for a temporary restraining order Wednesday, finding that the Hong Kong-based firm failed to show an imminent and irreparable harm that would come from Coin...
Bitcoin, XRP and Dogecoin Fall Fast After Federal Reserve Cuts Rates
Bitcoin and other major assets like Ethereum, XRP, and Dogecoin fell fast after Federal Reserve Chair Jerome Powell spoke and announced an expected interest rate cut. The move apparently pushed invest...
Could Quantum Computing Compromise Bitcoin?
Quantum computing advancements pose critical risks to Bitcoin’s encryption, with potential disruptions to cybersecurity systems worldwide, experts emphasize. Updating Bitcoin’s protocols for quantum s...
Why Is Bitcoin Price Falling? There is Sudden Pullback
At the time of writing, the Bitcoin price is experiencing a serious and sudden decline, and the cryptocurrency community is wondering what caused the decline. The reason for the decline is thought to ...
El Salvador’s Planned Shift on Bitcoin Acceptance Amid IMF Loan Deal Raises Questions on Future Use
El Salvador has reached a significant loan agreement with the IMF, marking a shift in its controversial Bitcoin policies. The country will make Bitcoin acceptance optional for merchants, signaling a r...
Fed’s Third Rate Cut of 2024, Will It Revive XRP and BTC Prices?
As expected, on December 18, 2024, the Federal Reserve lowered the key interest rate by 25 bps, the third consecutive reduction so far in 2024. However, this rate cut announcement cautioned us about a...