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Why Is Crypto Down Today? Bitcoin, Ethereum, Dogecoin and XRP Are Crashing
- Bitcoin, Ethereum, and XRP crash as Fed's hawkish stance triggers $3.3T crypto market sell-off.
- Crypto liquidations hit $300M as BTC drops below $94K, ETH falls to $3.3K amid Fed policy impact.
- Major altcoins face steep declines: XRP tests $2.20 support, DOGE plunges 21% to $0.31 level.
Monday, 23/12/2024 | 10:41 GMT by
Damian Chmiel
Will Dogecoin Reach $1? Crypto Volatility Returns as Bitcoin and Ethereum Slide
- The meme coin faced $68 million in liquidations in 24 hours, with Bitcoin and Ethereum also experiencing a decline.
- Analysts are watching the $1 price level closely, but recovery depends on broader market conditions.
Friday, 20/12/2024 | 18:54 GMT by
Jared Kirui
Bitcoin Miners Expand Holdings: Hut 8's Reserve Tops $1 Billion
- The company purchased approximately 990 Bitcoin at an average price of $101,710 per coin.
- The reserve will reportedly be used to fund growth initiatives such as upgrading mining equipment.
Thursday, 19/12/2024 | 12:49 GMT by
Jared Kirui
Why Is Bitcoin Down Today? BTC Price Sees Sharpest Drop in 135 Days
- Bitcoin briefly dropped below $100,000 following the Federal Reserve's hawkish stance on future rate cuts.
- However, market experts still see BTC price 2025 closer to $200,000.
- Check the newest Bitcoin price predictions for 2024 and 2025 and the technical analysis of the BTC chart.
Thursday, 19/12/2024 | 08:55 GMT by
Damian Chmiel
Can Bitcoin Reach $210,000 in 2025? The Role of Corporations and Favorable Regulations
- Presto Research's latest report highlighted that analysts also predict that Solana could reach $1,000 in 2025 thanks to network growth and strong technology.
- The Bitcoin Strategic Reserve bill has enhanced the cryptocurrency’s potential as a geopolitical asset.
Tuesday, 17/12/2024 | 14:12 GMT by
Jared Kirui
El Salvador President’s $632,648,224 Bitcoin Celebration
- President Nayib Bukele announced more than $350 million in profit from the country's Bitcoin holdings.
- The country aims to use the digital asset as a way to improve financial inclusion and foster economic growth.
Monday, 16/12/2024 | 22:52 GMT by
Jared Kirui
MicroStrategy Acquires 439K BTC as Microsoft Rejects Bitcoin Proposal
- 3.88 million shares were sold by MicroStrategy, raising $1.5 billion for its Bitcoin acquisitions.
- BTC adoption is growing, with biotech companies pushing for corporate purchases, despite Microsoft’s rejection.
Monday, 16/12/2024 | 14:10 GMT by
Tareq Sikder
Why Is Bitcoin Surging? This Expert Forecasts $180K Bitcoin Price in 2025
- Thanks to Donald Trump's newest proposal, Bitcoin price reached a new ATH of around $106,000.
- In the meantime, VanEck presented a new BTC price prediction forecasting an 80% rise in 2025.
- Check the newest technical analysis of the BTC chart and learn why the Bitcoin price is going up today.
Monday, 16/12/2024 | 11:04 GMT by
Damian Chmiel
MicroStrategy, Palantir Join Nasdaq 100, Trump Talks Bitcoin Reserve
- MicroStrategy and Palantir join the influential tech listing Nasdaq 100.
- Axon Enterprise completes the trio of tech stocks reshaping the Nasdaq 100.
- Trump talks Bitcoin reserve, triggering $1.5 trillion price boom speculation.
Monday, 16/12/2024 | 08:41 GMT by
Louis Parks
Can Bitcoin Hold Its $100K Value? The Role of Institutional Investors and ETFs
- BTC has posted increased activity in futures, spot, and ETF trading, as well as growth post-U.S. election.
- However, the current technical indicators suggest a potential short-term price correction.
Friday, 13/12/2024 | 15:19 GMT by
Jared Kirui
Google’s Willow: Can the Quantum Chip Break Bitcoin?
- Google’s Willow, a groundbreaking quantum chip, raises concerns about Bitcoin’s security.
- Quantum chips could crack Bitcoin’s encryption, sparking debate on crypto resilience.
- The community is divided on whether quantum threats are imminent or a distant possibility.
Wednesday, 11/12/2024 | 11:30 GMT by
Louis Parks
Russia's Lawmaker Proposes Bitcoin Reserve to Mitigate Geopolitical Risks
- The proposal involves using Bitcoin as an alternative to traditional state reserves in currencies like the U.S. dollar, euro, and yuan.
- Bitcoin is considered a decentralized and secure asset that is immune to geopolitical pressures.
Tuesday, 10/12/2024 | 20:45 GMT by
Jared Kirui
What's Next for Bitcoin? Riot Platforms Raises $500M to Invest in Crypto's Rise
- The company will raise the capital through a private offering of senior convertible notes that will mature in 2030 and can be converted into Riot's common stock.
- Proceeds from the transaction will also be allocated for other corporate purposes.
Monday, 09/12/2024 | 18:56 GMT by
Jared Kirui
PayPal Integrated into Paybis as Trump Appoints David Sacks AI & Crypto Czar
- PayPal’s infrastructure reduces fraud checks and errors for better transaction success rates.
- The incoming US administration, including SEC and CFTC officials, is expected to shape crypto policy.
Monday, 09/12/2024 | 17:51 GMT by
Tareq Sikder
Bitcoin at $100,000—What’s Next for FinTech's King?
- Bitcoin hits $100,000, solidifying its status as a major financial force.
- Experts debate Bitcoin’s future: mainstream adoption, market turmoil, or new innovations?
- Retail and institutional investors ask: Hold, sell, or buy more?
Saturday, 07/12/2024 | 15:37 GMT by
Louis Parks
Trump Praises Bitcoiners as Price Settles Above $100,000
- Bitcoin has soared more than 50% since Trump was elected to the Oval Office last month.
- Industry leaders, including Coinbase’s Brian Armstrong and Galaxy Digital’s Mike Novogratz, welcomed the $100k milestone.
Thursday, 05/12/2024 | 16:01 GMT by
Jared Kirui
Crypto Exchanges Spot Volume Hits $1.9T as Bitcoin Surges 40% in November 2024
- BTC's remarkable jump to $100K drove crypto exchange trading activity to near-historic highs.
- Binance maintained its market dominance with a 50% share, while Upbit showed strong growth with a 386% MoM increase.
Thursday, 05/12/2024 | 13:00 GMT by
Damian Chmiel
MARA Raises $850 Million in Zero-Coupon Notes for Wall Street Bitcoin Push
- The Bitcoin miner from Wall Street successfully closed an $850 million offering of zero-coupon convertible senior notes due 2031.
- The new resources will be primarily used to buy more BTC and refinance current debt.
Thursday, 05/12/2024 | 07:11 GMT by
Damian Chmiel
Why is BNB Going Up? Price Prediction and Fundamental Analysis
- The cryptocurrency’s trading volume jumped to $6.32 billion, a 124% increase in the past day.
- It reportedly attributed to increased activity in the derivatives market and rising interest in BNB’s role in the Binance ecosystem.
Wednesday, 04/12/2024 | 17:14 GMT by
Jared Kirui
Putin Touts Bitcoin as Russia Embraces Crypto to Counter Sanctions
- Recent laws in Russia exempt crypto mining from VAT and have established a clear regulatory framework for the sector.
- The Russian President asserted that no one can ban Bitcoin, highlighting its resilience in the financial space.
Wednesday, 04/12/2024 | 15:31 GMT by
Jared Kirui
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