MicroStrategy’s Bitcoin Acquisitions Continue Amid Rumors of Possible Pause in January

The post MicroStrategy’s Bitcoin Acquisitions Continue Amid Rumors of Possible Pause in January appeared on BitcoinEthereumNews.com. MicroStrategy’s recent purchase of 5,262 Bitcoin for $561 million underscores the firm’s ongoing commitment to expanding its BTC holdings. Despite speculation about a potential pause in acquisitions due to its inclusion in the NASDAQ-100, Michael Saylor’s strategy remains assertive. […]

Crypto Market Sees $1 Billion Outflows—Bitcoin and Select Altcoins Show Resilience

The post Crypto Market Sees $1 Billion Outflows—Bitcoin and Select Altcoins Show Resilience appeared on BitcoinEthereumNews.com. The latest report from CoinShares, a leading digital asset investment firm, reveals that last week’s performance for crypto asset investment products was mixed. According to the report, the market experienced inflows totaling $308 million, marking a continuation of positive […]

Cardano Price Patterns Mirror 2020, Is $6 Target in Sight?

Cardano price has dropped by 20% over the past week, reflecting bearish trends amid Bitcoin trading below $94,000. Analysts suggest ADA’s current price patterns mirror those seen in 2020, sparking speculation of a potential $6 price target. This market correction highlights broader cryptocurrency volatility, leaving investors cautious about future movements as Cardano adjusts to ongoing […]

Canadian Dollar hung near recent lows despite GDP uptick

The post Canadian Dollar hung near recent lows despite GDP uptick appeared on BitcoinEthereumNews.com. The Canadian Dollar shed 0.2% on Monday despite CAD data beats. Canada saw a rebound in GDP growth figures, as well as easing inflation metrics. A holiday-crimped trading schedule and declining US Durable Goods Orders keep bulls at bay. The Canadian […]

Bitcoin’s Future: Possibilities for Significant Growth Following 2024 Milestones and Projected Price Surge in 2025

The post Bitcoin’s Future: Possibilities for Significant Growth Following 2024 Milestones and Projected Price Surge in 2025 appeared on BitcoinEthereumNews.com. The year 2024 has marked an unprecedented turnaround for cryptocurrency, with Bitcoin hitting record highs and the advent of multiple ETFs reshaping the market landscape. As Bitcoin surged, the overall market witnessed a shift in […]

Will President Joe Biden Pardon FTX Founder Sam Bankman-Fried?

There is a growing speculation that U.S President Joe Biden may grant an early pardon to Sam Bankman-Fried (SBF), the founder of the defunct FTX Derivatives Exchange. For his fraudulent activities as the former CEO of FTX, Sam is currently serving a 25-year jail term. Per growing reports on social media, a Presidential pardan remains […]

Dawgz AI Presale Hits $500k As It Raises To Change The Memecoin Market

The post Dawgz AI Presale Hits $500k As It Raises To Change The Memecoin Market appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Dawgz AI, an AI and blockchain-based memecoin project, is excited to have raised over $500,000 in its presale. Dawgz ends its first presale, raising over $586k out of its targeted $960k. The first phase […]

Bitcoin Price Tests Key Support Levels Amid Recent Decline and Analyst Predictions

The post Bitcoin Price Tests Key Support Levels Amid Recent Decline and Analyst Predictions appeared on BitcoinEthereumNews.com. The recent downturn in Bitcoin’s price highlights ongoing volatility in the cryptocurrency market, raising concerns among investors. As Bitcoin struggles to maintain its position, analysts are closely monitoring key resistance and support levels that could dictate future price […]

Ki Young Ju Proposes Bitcoin to Reduce U.S. Debt

The post Ki Young Ju Proposes Bitcoin to Reduce U.S. Debt appeared on BitcoinEthereumNews.com. Ki Young Ju proposes using Bitcoin to reduce U.S. debt by acquiring 1 million BTC by 2050, boosting financial strategy. A new strategy proposes using Bitcoin to help reduce U.S. debt. Over the past 15 years, Bitcoin’s market capitalization has surged […]

Bitcoin to the Rescue? VanEck Predicts 35% Debt Reduction for US by 2049

The post Bitcoin to the Rescue? VanEck Predicts 35% Debt Reduction for US by 2049 appeared on BitcoinEthereumNews.com. The United States could significantly reduce its national debt through the establishment of a strategic Bitcoin reserve, according to a recent report from asset management firm VanEck. The firm estimates that by 2049, such a reserve could […]