Traders pulled $333 million from BlackRock's spot bitcoin ETF on Thursday, marking the fund's longest losing streak as the crypto rally pauses.

Bitcoin's drop of around 10% in the last 24 hours was dwarfed by ethereum and smaller, top ten cryptocurrencies that crashed back by between 15% and

Stock market futures are pointing to a strong start for 2025, with green indicators across the board. The S&P futures are trading above 5900, bolstering investor confidence in continued gains for the US stock market. Bitcoin, on the other hand, started 2025 with a recovery momentum, going up 2% on the last day.

Federal Reserve Chairman Jerome Powell wanted everyone to know one thing: the Federal Reserve isn’t touching Bitcoin. Not now, not ever.

"We’re not allowed to own bitcoin,” Federal Reserve chair Jerome Powell said. “The Federal Reserve Act says what we can own, and we’re not looking for a law change. That’s the kind of thing for Congress to consider, but we are not looking for a law change at the Fed."

ChatGPT predicts that Bitcoin could climb to $200,000 in 2025, supported by historical trends and current market dynamics.

As the chart shows, the AI-fueled Magnificent Seven stocks—Nvidia, Microsoft, Meta, Amazon, Apple, Alphabet and Tesla—this year vastly outperformed the benchmark S&P 500 as well as the tech-heavy Nasdaq Composite.

Park shared on social media after Christmas that while incoming President-Elect Donald Trump’s chances of successfully establishing a bitcoin strategic reserve are slim, this scenario represents "the only math in which bitcoin can reach $1 million by 2025.

In a recent interview, Daly argued that crypto should be considered its own distinct asset class, rather than being grouped alongside gold as is often the case.

Saylor is convinced that bitcoin is capital, not currency, and would like to see the whole world adopt the U.S. dollar as money instead.

This week, the crypto market faced a major pullback, with top assets declining. Ethereum, Solana, and XRP saw double-digit percentage decreases in their values.

The bank suspects such a plan to "face stiff resistance from the Fed." When asked about a potential bitcoin reserve at a Wednesday press conference, Fed Chair Jerome Powell on Wednesday said the central bank is not looking to hold bitcoin. “We’re not ...