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Bitcoin News
Bitcoinchaser
1d
347
Image Credit: Bitcoinchaser
Tis the Season to Win: Shuffle’s Santa’s Sack is Here!
- Shuffle and Nolimit City are running the 'Santa's Sack' promotion until December 25th, 2024.
- Players can win a share of the $10,000 prize pool by accumulating points on the leaderboard.
- Featured games include Jingle Balls, Fire in the Hole 2, and Outsourced: Payday.
- Prizes range from $2,000 for 1st place to $80 for 21st to 50th place.
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Coinpedia
1d
155
Image Credit: Coinpedia
Market Crash Ahead? Mt. Gox Moves $49.3 Million in Bitcoin
- The defunct crypto exchange Mt. Gox has moved $49.3 million worth of Bitcoin (BTC).
- The BTC was distributed into various wallets, with $19 million allocated to two new wallets and $30.6 million transferred to the final wallet 1Mvm.
- This is the second distribution Mt. Gox has made in December 2024.
- Experts are speculating a possible price decline similar to the previous one after Mt. Gox's previous movement of $102.5 million worth of BTC.
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Altcoinbuzz
1d
147
AI Agent Luna Hired as Intern at Story Protocol
- AI Agent Luna has been hired as an intern at Story Protocol.
- Luna will be running Story Protocol's Twitter account and will earn $365,000 per year.
- Story Protocol aims to leverage Luna's efficiency and effectiveness to enhance their social media presence.
- This move reflects the increasing importance of AI agents in various roles, including customer service and social media management.
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Coinpedia
1d
30
Image Credit: Coinpedia
MicroStrategy Buys 5,262 BTC for $561 Million
- MicroStrategy, the biggest corporate holder of Bitcoin, has purchased an additional 5,262 BTC for $561 million.
- This brings MicroStrategy's total holdings to 444,262 BTC, acquired for approximately $27.7 billion.
- MicroStrategy's consistent Bitcoin purchases demonstrate its confidence in the asset's future value.
- The company's approach has influenced other institutions, with Metaplanet also growing its Bitcoin holdings.
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TronWeekly
1d
106
Image Credit: TronWeekly
VanEck Predicts Bitcoin Could Slash US Debt by 36% by 2050
- VanEck predicts Bitcoin reserves could cut U.S. debt by 36% by 2050.
- Bitcoin price may hit $42 million by 2049 with a 25% annual growth rate.
- U.S. states are advancing Bitcoin reserves, signaling a broader adoption trend.
- Global players like Russia, Brazil, and China are driving the adoption of BTC through their economic policies.
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Coinpedia
1d
151
Image Credit: Coinpedia
$300,000 Bitcoin? Analyst Sees Explosive Growth in 2025
- Bitcoin analyst Michaël van de Poppe predicts Bitcoin could reach $200,000-$300,000 in 2025.
- Bitcoin experienced significant growth in 2024, reaching a peak of $108,000, driven by increased mainstream adoption and ETF approval.
- Van de Poppe anticipates a potential correction in early 2025, followed by sideways movement before a significant rally.
- The global money supply and the global economic environment are expected to play key roles in Bitcoin's future success.
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Newsbtc
1d
185
Image Credit: Newsbtc
Dogecoin Price Roadmap To $0.75 ATH: Why The Next Wave Is Bearish And Could Drop To $0.15
- Crypto analyst Behdark provides an analysis of Dogecoin price roadmap to its ATH of $0.75.
- Behdark suggests that Dogecoin could witness a significant correction before rallying to its ATH.
- Dogecoin is entering a bearish wave F, which could drop the price to as low as $0.15.
- Once the corrective wave F is complete, Dogecoin could transition to a bullish wave G and potentially reach $0.8.
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11 Likes
Cryptopotato
1d
167
Image Credit: Cryptopotato
Bitcoin Price Analysis: Can BTC Bounce Back to $100K Following 8% Weekly Drop?
- Bitcoin price is facing a consolidation phase near $108K resistance level.
- Strong support zones suggest potential for a short-term bullish rebound.
- Technical analysis indicates a rebound from $90K support could lead to a renewed attempt to reclaim $108K mark.
- On-chain analysis shows sustained confidence among investors, supporting continued growth.
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10 Likes
TheNewsCrypto
1d
261
Image Credit: TheNewsCrypto
Metaplanet’s Bitcoin Holdings Soar After $60M Latest Buy
- Japanese investment firm Metaplanet has acquired 619.7 BTC for $60.6 million, increasing its total holdings to 1,761.98 BTC.
- Metaplanet issued zero-interest bonds to finance the purchase and plans to expedite Bitcoin purchases using the funds raised.
- The company's aggressive Bitcoin strategy has led to a 310% Bitcoin yield between October and December, with plans to expand BTC operations into a dedicated business line.
- Despite its success, Metaplanet's stock fell on Monday, but the company continues to establish itself as a significant player in the cryptocurrency market.
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15 Likes
99Bitcoins
1d
174
VanEck: US Could Slash National Debt By 35% With 1 Million Bitcoin Reserve
- The US could potentially reduce its national debt by 35% within 24 years by establishing a reserve of 1 million Bitcoin.
- VanEck's analysis assumes Bitcoin will grow at a compounded annual growth rate (CAGR) of 25%, reaching $42.3 million per BTC by 2049.
- A Bitcoin reserve could offset approximately $42 trillion in national liabilities by 2049.
- The idea of a U.S. Bitcoin reserve has gained momentum, but Senator Lummis' bill proposing the reserve has yet to be reviewed by Congress.
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Altcoinbuzz
1d
227
Trump Taps Bo Hines to Lead Crypto Council
- US President-elect Donald Trump has appointed Bo Hines as the executive director of his Council of Advisers for Digital Assets, also known as the 'Crypto Council.'
- Hines' role will involve fostering innovation and growth in the digital assets space and positioning the US as a key player in the industry.
- The Crypto Council aims to strengthen relations between the US government and the crypto industry, reflecting Trump's dedication to supporting the digital assets market.
- These appointments signify a potential shift to a more favorable regulatory environment for cryptocurrencies under the Trump administration.
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13 Likes
Cryptoslate
1d
216
Image Credit: Cryptoslate
Metaplanet adds another 619 BTC to its holdings
- Japanese firm Metaplanet has acquired 619.70 BTC for $60.7 million, increasing its total Bitcoin holdings to 1,761.98 BTC valued at $169.2 million.
- The company raised 9.5 billion yen through bond issuance in order to make additional BTC investments and began trading on the US OTCQX Market.
- Metaplanet reported impressive gains of 309.82% in the last quarter and projected a 240% increase in annual revenue for 2024.
- The firm's Shareholder Benefits Program offers unique rewards, including a Bitcoin lottery, to attract long-term investors.
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Crypto-News-Flash
1d
311
Image Credit: Crypto-News-Flash
Spot Bitcoin ETFs Consume More BTC Than Miners Can Produce — What’s Next?
- The demand for Bitcoin through spot Bitcoin ETFs is outpacing miners' production, leading to concerns about liquidity and price sensitivity.
- Spot BTC ETFs received an inflow of $423.6 million (4,349.7 BTC) in the past week, almost double the amount of BTC mined.
- The significant institutional demand for Bitcoin has created a liquidity squeeze, putting pressure on the asset's price.
- If the price falls below $90k, analysts predict potential liquidation and further decline in Bitcoin's value.
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18 Likes
Crypto-News-Flash
1d
53
Image Credit: Crypto-News-Flash
Corporate Bitcoin Adoption Rises: 65% Growth in One Year
- Public companies holding Bitcoin increased 65% in 2024, signaling early stages of mass corporate adoption.
- New corporate players like Rumble and Workport drive Bitcoin adoption with innovative integration plans.
- From 40 public corporations owning Bitcoin in 2023 to 65 in 2024, the count jumped 65%, marking the early phases of mainstream corporate acceptance.
- Companies like Booyah Interactive, Semler Scientific, Exodus Movement, BitFufu, and MetaPlanet are actively embracing Bitcoin and allocating a significant portion of their market capitalization to BTC.
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Bitcoinchaser
1d
159
Image Credit: Bitcoinchaser
Daily Cash Race at BetOnline: Win Your Share of $15,000!
- BetOnline offers the Daily Cash Race with $15,000 up for grabs daily for bettors.
- Every bet placed on qualifying games or sports contributes to the leaderboard.
- The top 250 players receive cash prizes instantly with no rollover requirements.
- The Daily Cash Race is an exclusive perk for BetOnline's VIP Program members.
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