USUAL up +34.33%, BTC -1.04%, Aave is The Coin of The Day – Daily Market Update for Dec 24, 2024

Key highlights: The total cryptocurrency market cap increased from $ 3.33T to $ 3.34T in the past 24 hours, representing a 0.38% change The Bitcoin price at press time is $ 94,606 after falling by -1....

MicroStrategy’s Bitcoin Strategy: The 21/21 Plan Unveiled

According to recent media news, MicroStrategy’s upcoming special shareholder meeting, where a vote will determine whether to increase outstanding shares from 330 million to 10.33 billion.  MicroStrate...

ETH/BTC pair shows bullish signals: Here are key levels to watch

The ETH/BTC pair is trading within a bullish pattern on the monthly timeframe, which could influence a positive price movement. Buying activity is gaining momentum as more traders adopt a bullish outl...

Bitcoin Lull Could Spur Altcoin Rally, With $90K Considered “Attractive”

Traders expect bitcoin (BTC) choppiness to continue with a possible rotation to altcoins, as a major options expiry weighs on market dynamics in the festive week ahead. “All eyes are on the massive ex...

Ethereum’s ETH/BTC Pair Shows Possible Signs of Recovery Amid Rising Accumulation and Diminishing Selling Pressure

The ETH/BTC trading pair has sparked optimism amidst renewed bullish sentiment, indicating a potential for Ethereum’s recovery. The emergence of a bullish symmetrical triangle pattern could signal a t...

Bitcoin Policy Institute sends ‘global reordering proposal’ in the US-China competition to incoming Treasury Department Secretary

In a comprehensive report prepared by Matthew Pines, a National Security Fellow at the Bitcoin Policy Institute for Scott Bessent, the incoming secretary of the Treasury Department, he details the str...

Investing in These Altcoins Could Be More Profitable Than Bitcoin Diversify Your Portfolio

While Bitcoin remains the most recognizable cryptocurrency, its established status and high market cap often mean slower percentage gains compared to emerging projects. Savvy investors looking to maxi...

Following Bitcoin’s Path or a Crypto Pipe Dream?

Bitcoin soared from $2 in 2012 to $1200 by 2014, sparking comparisons to XRP.   XRP needs a $120 trillion market cap to hit $1200, equaling 93% of global fiat currency.   Experts cite adoption and mar...

These 3 Altcoins Could Make You a Millionaire If Bitcoin (BTC) Reaches $150,000 in 2025

Every investor would be thrilled if Bitcoin’s (BTC) potential to reach $150,000 during a bull market materialized, especially with its current price at $102,904. Altcoins usually outperform BTC ...

Mt.Gox Transfers 319.567 BTC Worth $30.1 Million Amidst $3.38 Billion Holdings

On December 24th, COINOTAG reported significant movement from the notorious Mt. Gox address located in Mentougou, which recently executed a transfer of 319.567 BTC to two new wallets, amounting to rou...

Is It Too Late to Buy Bitcoin? Discover the Altcoins Poised for Better Gains in 2025

Bitcoin crossed the $100,000 milestone, fueling excitement in the crypto market. Now, as Bitcoin’s growth seems to slow, attention shifts to altcoins with greater potential. With XRP, TRX, and S...

Bitcoin Suffers 14.5% Decline Raising Questions About Potential Santa Claus Rally This December

Bitcoin’s recent dip below $92,500 marks a significant downturn amidst historical expectations of a year-end rally. This decline, accounting for a 14.5% drop from its peak earlier this month, raises c...

TeraWulf Explores Potential AI Expansion Amid Rising Bitcoin Mining Costs

TeraWulf is pivoting towards artificial intelligence, tackling the challenges of rising Bitcoin mining costs and evolving market dynamics. This strategic move to lease data center infrastructure exemp...

BTC Touches $94K, VIRTUAL Soars 35%, ZEC Gains 20%

The crypto prices today showed mixed trends, with Bitcoin (BTC) trading below $94,000. BTC has been on a week-long decline after reaching an all-time high of $108,000. Major altcoins like Ethereum (ET...

Bitcoin Sees -0.221% Coinbase Premium: Potential Buying Opportunity Amid Reduced U.S. Investor Demand

On December 24th, industry insights by CryptoQuant’s MAC.D highlighted a concerning trend in the Bitcoin market, revealing a -0.221% premium on Coinbase. This statistic suggests declining buying momen...

MicroStrategy Proposes Major Stock Increase to Support Future Bitcoin Strategy Amid Price Fluctuations

MicroStrategy’s recent proposal to significantly increase its shares aims to bolster its aggressive bitcoin investment strategy amid market volatility. This strategic move reflects the company’s commi...

Odds of Magnificent 7 Company Buying Bitcoin on the Rise

Kalshi users currently see a 70% chance of a Magnificent 7 company buying Bitcoin before the end of 2025. As reported by U.Today, business intelligence firm MicroStrategy announced another significant...

MicroStrategy Boosts Board for Bitcoin Strategy

MicroStrategy, the leading publicly traded holder of Bitcoin, has officially expanded its board of directors by welcoming three new members. This move was confirmed through a recent filing with the U....

Peter Schiff on Why USAcoin Is Better For the US than Bitcoin Strategic Reserve

Peter Schiff, a prominent supporter of Gold and a critic of Bitcoin, has presented a controversial idea of introducing a government-backed cryptocurrency instead of creating a Bitcoin strategic reserv...

Cosmos Network Developer Moves $27.7 Million in BTC Nearly Two Years After ICO

According to data from on-chain analyst Yu Jin, the Cosmos Network team has recently executed a significant transfer involving 295.3 BTC, equivalent to approximately $27.7 million. This transaction ma...

Bitcoin’s Path to $100,000: Market Insights as $20 Billion in BTC Options Expire

On December 24th, COINOTAG reported insights from QCP’s latest market analysis. Following last week’s significant downturn, the cryptocurrency market exhibited a period of stability as the holiday sea...

Investment Advisors Set to Lead Bitcoin ETF Market

CF Benchmarks has revealed that investment advisors are poised to become the predominant force in the U.S. market for spot Bitcoin (BTC) exchange-traded funds (ETFs). The 11 spot BTC ETFs, which were ...

Bitcoin’s Future: Forbes’ Bold Predictions for 2025 in the Crypto Landscape

As we approach the end of 2023, recent announcements have sparked significant interest in the future of the crypto industry. According to Forbes, seven key forecasts for 2025 provide insights into pot...

Robinhood CEO Vlad Tenev Discusses Bitcoin Strategy and Crypto Focus

Robinhood CEO Vlad Tenev recently addressed the company’s approach to cryptocurrencies, specifically its position on holding Bitcoin. Speaking in an interview with Anthony Pompliano, Tenev revealed th...

Bitcoin (BTC) Testing Key Support Level After Sudden Drop

The price of Bitcoin, the leading cryptocurrency by market capitalization, has slipped to an intraday low of $93,054.  According to Andrew Thrasher, portfolio manager for The Financial Enhancement Gro...

Matador Technologies Allocates $4.5 Million for Bitcoin

Matador Technologies, a company dedicated to digitizing tangible assets, has declared its intention to invest $4.5 million in Bitcoin shortly. The organization’s Board of Directors aims to integrate b...

UAE’s Alleged $40 Billion Bitcoin Holdings Spark Speculation on Market Impact and Future Strategies

Recent unverified reports indicate that the United Arab Emirates (UAE) may hold over $40 billion in Bitcoin, which could position it as a leading global player in cryptocurrency. As speculations grow,...

Bitcoin tumbled to $95k after $540 million in long liquidations

Bitcoin’s stint at its new all-time high of $108,200 was short-lived. In less than a week, its price dropped by over 12%, reaching $95,000 on Dec. 23. While pullbacks ranging from 20% to as high as 30...

Robinhood CEO Discusses Potential Bitcoin Holdings Amid Rising Cryptocurrency Interest

COINOTAG reported on December 24th that Robinhood’s CEO, Vladimir Tenev, indicated in a recent interview the firm’s potential interest in Bitcoin. While recognizing the growing demand for cryptocurren...

Over $40 billion in Bitcoin is held by the UAE, but will It be sold?

Current data shows that countries hold over 2% of BTC in circulation. UAE holdings, if true, will double the holdings. Recent reports claim that the United Arab Emirates (UAE) holds over $40 billion w...

Bitcoin to Hit $250,000? Here Are 2025 Market Predictions

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...

MicroStrategy Plans Special Shareholder Meeting to Enhance $42 Billion Bitcoin Investment

MicroStrategy, a leader in Bitcoin investments, is gearing up for a Special Shareholder Meeting on December 24th, as reported by Cointelegraph. The primary agenda for this meeting will center around t...