The profit-taking activity by long-term holders was met by new entrants' demand, reflecting a wealth shift movement.

The Fed's 25 basis point cut on Wednesday was expected, but analysts suggest concerns over prolonged high rates may be overblown for Bitcoin.

Financial market commentator Peter Schiff on Tuesday criticized Michael Saylor’s comparison of MicroStrategy Inc.‘s (NASDAQ:MSTR) debt-financed Bitcoin (CRYPTO: BTC) buying strategy to Manhattan real estate. What Happened: In an X post, Schiff disagreed with Saylor’s analogy. “Real estate generates rents, which can be used to service and repay debt. Bitcoin doesn’t generate any income to make interest or principal payments,” he argued. It's wrong for @saylor to compare his leveraged buying of #B

From MicroStrategy splitting its stock to major banks acquiring crypto firms, bitcoin is about to enter its “Wall Street” era.

The integration allows BOB, a "hybrid L2," to use Bitcoin as its anchor chain where transactions with assets from other chains can be irreversibly recorded.

Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the cryptocurrency.

Federal Reserve Chair Jerome Powell clarified that the Federal Reserve is legally prohibited from owning Bitcoin, aligning with the Federal ...

Ohio joins states like Pennsylvania and Texas in exploring Bitcoin reserves to protect public funds and modernize financial strategies.

Arthur Hayes suggests the US devalue gold to create a Bitcoin reserve, boosting economic growth and asserting financial supremacy.

The Federal Reserve cut rates by 25 basis points as expected, but Fed Chair Jerome Powell's hawkish press conference

Federal Reserve Chair Jerome Powell adopted a hawkish stance during his Wednesday press conference after the December Fed meeting, sparking a market bloodbath as the New York session headed to the close. Although the Federal Reserve lowered interest rates by 0.25% to a range of 4.25%-4.5%, as widely anticipated, the updated economic projections suggest just two potential rate cuts in 2025 — down from four projected in September and fewer than the three anticipated by markets before the meeting.

A federal judge denied BiT Global’s request for a temporary restraining order, allowing Coinbase to delist WBTC, or Wrapped Bitcoin.

Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. central bank has no desire to be involved in any government effort to hold large amounts of bitcoin. "We’re not allowed to own bitcoin," Powell said at a press conference following the latest Federal Open Market Committee meeting, where policymakers cut rates as expected while signaling a less certain path for monetary policy in the months ahead. In terms of the legal issues around holding bitcoin, "that’s the kind of thing for Congress to consider, but we are not looking for a law change at the Fed," Powell said.

Federal Reserve chair Jerome Powell reiterated the bank’s position on a Bitcoin reserve from an existing legal perspective.

$400,000,000 Destroyed as Bitcoin (BTC) Drops Below ATH

The total crypto market cap is down by another $200 billion in a few hours.

The BeL2 protocol sets itself apart from other Bitcoin Layer 2 solutions like the Lightning Network or Stacks.

Powell said "we are not looking for a law change."

BOB, the "hybrid layer-2" network seeking to make Bitcoin the center of the decentralized finance (DeFi) universe, has taken a step toward that goal …

As 2024 draws to a close, cryptocurrency stands at a turning point. Bitcoin has crossed the $100,000 mark and digital assets have solidified their …

Despite the cut being priced, Jerome Powell's remarks on rate policy shook the risk asset markets.

The integration allows BOB, a "hybrid L2," to use Bitcoin as its anchor chain where transactions with assets from other chains can be irreversibly recorded.

Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in the new year.

Coinbase Premium Suggests Caution Amid Bitcoin Sell-off

The U.S. Federal Reserve lowered its benchmark fed funds rate by 25 basis points to the 4.25%- 4.50% range, its third consecutive easing move this …

Also: ENS picks tech for its L2; Bitcoin's Runes Get an AMM

The price of bitcoin, already lower from yesterday, dipped below $104,000 in the minutes following the announcement.

Bitcoin is trading above $104,000 following the Fed's rate cut decision

Rumors suggest MicroStrategy may halt Bitcoin purchases in January due to a potential blackout period on issuing shares or convertible debt.

Analyst Jacob King has labeled MicroStrategy's Bitcoin-focused business model a ‘giant scam,’ claiming it is unsustainable and destined for collapse

'The Window to Accumulate Bitcoin Is Rapidly Closing': Samson Mow Warns

(Bloomberg) -- The gang members who used to prey on the coffee growers of the Balsamo mountain range are all gone — jailed, shot dead, or on the run under the security crackdown that made El Salvador’s Nayib Bukele among the world’s most popular leaders. Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousWith the gangs dismantled and their extortion rackets no more, a huge obstacle to development has been lifted, and the farmers of the region’s rich volcanic s

Cryptocurrencies pulled back after a big run yesterday and as the Federal Reserve sets to conclude its final meeting of the year, likely with a rate cut of 25 basis points. The meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) traded 4.3% and 4.6% lower, respectively. Cryptocurrencies, and more specifically Bitcoin, have rallied this week after President-elect Donald Trump said he would like to create a strategic Bitcoin reserve like the country's strategic oil reserve.

The venture between BitGo and BiT Global provided a reminder of the distrust many BTC holders still have for centralized custody, according to a new report

Following the U.S. presidential election, crypto’s headwinds have seemingly dissipated. Since early November bitcoin has reached $100K amid …

SatLayer is boosting the utility of Bitcoin as a DeFi liquidity source with partnership from the SUI blockchain.

Is a Bitcoin crash imminent ahead of FOMC meeting? Options market remained cautious but analysts were bullish in the mid-term.

Both Bitcoin and Ethereum ETFs are riding weekslong streaks of positive flows, with ETH fortunes rising ahead of the new U.S. admin.

Bitflow's automated market maker uses Stacks' Nakamoto upgrade with the aim of addressing some shortcomings inhibiting Runes trading.

Analysts foresee a wave of crypto ETFs, prioritizing commodities like BTC and ETH, while Solana and XRP face delays.

Coinbase Premium and Bitcoin correlation slips into negative

Ferrari launched crypto payments on its ultra-luxury cars last year in response to demand from dealers and buyers who were also crypto investors.

This bitcoin ETF hits a new 52-week high. Are more gains in store for this ETF?

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 inflationary trends accelerate as Bitcoin dips from $108K high

The venture between BitGo and BiT Global provided a reminder of the distrust many BTC holders still have for centralized custody, according to a new report

Crypto market sees sell-off ahead of Fed's rate decision

The US is considering a Bitcoin reserve plan to boost financial leadership. Experts discuss its implications.