Bitcoin just broke through a key threshold that suggests the crypto is "overbought," according to one top technical analyst.
Bitcoin more than doubled in 2024 driven by the U.S. markets regulator's approval for exchange-traded funds tied to its spot price, and optimism over easing regulatory hurdles with Donald Trump set to return to the White House.
Africa now accounts for 3% of the total global Bitcoin mining hashrate, with Ethiopia alone producing ~2.5% via renewables energy.
MicroStrategy announced on August 11, 2020, its first bitcoin purchase where it bought 21,454 bitcoins for $250 million or an average of $11,653. Over the past four plus years it has bought a total of 444,262 bitcoins for about $27.7 billion or $62,257 each.
A widely followed crypto analyst believes Bitcoin's (BTC) delay in entering the most explosive phase of the cycle comes with pluses and minuses.
Bitcoin is ending 2024 on a downward skid — falling nearly 5% in December — despite yet another big weekly purchase from MicroStrategy. As investors turn the calendar into 2025, historical market data indicates January could be a big month for Bitcoin and the rest of crypto.
A proposal to oblige the Swiss National Bank (SNB) to hold bitcoin was set in motion in an initiative published by the Swiss federal chancellery on Tuesday.
Solana is an interesting alternative to Ether, but it's not a viable replacement for Bitcoin yet. Solana might be a good investment if you believe it can keep increasing its speed, expanding its ecosystem, and gaining new ETF approvals. However, it's still an inflationary token that's much harder to value than Bitcoin.
Low volumes due to the holiday season and a bearish trading pattern on the Bitcoin chart puts BTC at risk of sell-off to $80,000 and below.
This year brought big changes in the economy, monetary policy and politics. Here is a look at some of the key drivers for markets: 1\. The AI trade went into overdrive
CNBC's Tanaya Macheel speaks with Zach Pandl, Managing director of research for Grayscale, to break down the cryptocurrency market's explosive 2024. Pandl also shares what thinks could drive digital asset prices even higher in 2025 and takes questions from Pro subscribers.
Based on historical data, research firm K33 predicts crypto may peak around January 17. The firm sees it as an opportunity to lock in gains.