Hardware wallet Trezor reports peak demand as Bitcoin approached $100K
A significant drop in Bitcoin reserves on exchanges is the evidence of rising self-custody adoption, Trezor CCO Danny Sanders said. Source link
Bitcoin $2B daily profit-taking involves mostly new hodlers — Research
Bitcoin long-term holders need more than a 10% dip from all-time highs to sell BTC en masse, Glassnode reveals. Source link
Bitcoin has a 50-50 chance of reaching $100K by year-end: Options data
The likelihood of Bitcoin surpassing $100,000 has risen to 45%, despite its recent pullback, according to recent onchain data. Source link
Suriname presidential candidate eyes on Bitcoin adoption
The use case of Bitcoin has spread around the globe since El Salvador adopted it as a legal tender, the U.S. planned it for a national strategic reserve, and now Suriname. Maya Parbhoe, a Surinamese young lady who is running for president, is embracing the use of Bitcoin in the country, specifically for the national […]
Bitcoin could drop 20% if moves stay tied with M2 money supply: Analyst
An analyst says Bitcoin’s correlation with the global M2 suggests it could imminently drop 20%, but not all observers agree. Source link
Bitcoin ETF volume reached $5b as Bitcoin price dropped $91k
Since the day of its release, January 2024, Bitcoin ETF has seen a massive inflow from institutional investors, allowing it to diversify assets without owning Bitcoin on the crypto market. Bitcoin spot exchange-traded fund (ETF) recorded volume trading of $5 billion on Nov. 26; the volume was led by dominant key players in the industry, […]
Brazil’s Congress to weigh Bitcoin Reserve as hedge against global risks
New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience. Source link
Why is Bitcoin price down today?
Bitcoin struggles to regain its range highs as charts showed an overbought market and high leverage use. Source link
How low can the Bitcoin price go?
Bitcoin price is down 10.5% from its new all-time highs, and several market analysts expect BTC to bottom in the $85,000 to $90,000 range. Source link
The transformative potential of Bitcoin in the job market
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Bitcoin (BTC) has already changed the world, and as it gains traction, its potential to reshape the job market is becoming increasingly apparent. Even though recently we saw layoffs by big companies […]
