Bitcoin is ‘memetic’ and won’t stay down around $100K for long: Analyst
A crypto analyst predicted that Bitcoin won’t linger around the $100,000 level now that the psychological barrier has been broken, as the moment will gain widespread attention. Source link
Bitcoin break $100,000 for the first time in the history
Bitcoin hit a new all-time high of $100,000 for the first time in history after the price increase of 5% on the day of trading. Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, just hit a targeted price of $100,000 as a new all-time high. This milestone has significantly raised market confidence after the […]
Bitcoin price hits $100K for first time in history
Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April’s halving and Donald Trump’s US election win. Source link
Bitcoin is a competitor to gold, not the US dollar, reiterates Fed’s Powell
US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar. Source link
Bitcoin rebound and head to $100,000 target again
Bitcoin has rebounded to $98,000 today after dropping to its weekly lowest point, and several sentiments have made it back to head the $100,000 target price. Bitcoin (BTC), the world’s largest cryptocurrency in the world by market capitalization, rose around 3% to $98,436 in the past week after dropping under the weekly average to $93,913 […]
NYC mayor gloats about Bitcoin holdings: ‘Who’s laughing now?’
Mayor Eric Adams, who took office in 2022, announced after his election victory that he would accept his first three paychecks in Bitcoin. Source link
KULR Technology plans to allocate 90% of surplus cash to Bitcoin
KULR Technology Group announced plans to allocate up to 90% of its cash surplus, including $12 million currently on hand, to Bitcoin. This decision aligns the company with a growing trend of businesses using Bitcoin as a treasury asset. The company’s leadership explained that the move enhances financial resilience. KULR’s Bitcoin purchases will be influenced […]
Is the US gov’t poised to add Bitcoin to its National Reserve?
In our latest Cointelegraph video, we break down the odds of a Bitcoin reserve being created in the US next year and its potential impact on prices. Source link
Martial law causes Bitcoin crash to $65K in South Korea — Here’s why
One analyst said South Korea’s limiting of the market to a few players caused a sudden decrease in liquidity. Source link
Bitcoin eyes $100,000 amid 74.5% probability of 25bps rate cut
Bitcoin price is under the spotlight as markets anticipate a potential Federal Reserve rate cut that could drive fresh momentum. Notably, the CME FedWatch Tool has indicated a 74.5% possibility of a 0.25% rate cut by the Federal Reserve at its forthcoming Dec. 18 meeting. This comes after the 50 bps rate cut in September […]
