Crypto News Center

French Hill to Lead Powerful Congressional Panel Next Term: Report Billionaire Executive Urges Investors to Hold BTC, But Not ‘Too Much’ Mt. Gox-linked wallet moves over 2,300 BTC as Bitcoin reclaims $100K Ledger faces scrutiny after user claims $2.5M in Bitcoin, NFTs stolen Australian Pension Fund Reveals Rare Wager on Bitcoin (BTC) Futures Crypto Daybook Americas: Bull Momentum Stalls Ahead of Fed Rate Cut Dogecoin Sees 60,000 New Holders in 10 Days: DOGE Parabolic Run Ahead? Racing Against MiCA Deadlines: Coinbase Set to Delist Tether's USDT Bitcoin’s (BTC) Next Big Move: $130K Cycle Peak, $25K Bear Market Bottom? Crypto Myth Debunked? There’s No Evidence China Owns 194,000 Bitcoin
French Hill to Lead Powerful Congressional Panel Next Term: Report
French Hill to Lead Powerful Congressional Panel Next Term: Report
Hill, who chaired the House Financial Services Committee's digital assets subcommittee, has long been a crypto advocate on the Hill. Dec 12, 2024, 8:21 p.m. UTC Congressman French Hill will be the next chair of the powerful House Financial Services Committee, Punchbowl News reported Thursday. The Arkansas Republican was named to the role Thursday by the party's Steering Committee, which named the leaders of the various committees ahead of the...
12.12.2024
views: 988
Billionaire Executive Urges Investors to Hold BTC, But Not ‘Too Much’
Billionaire Executive Urges Investors to Hold BTC, But Not ‘Too Much’
Founder of Interactive Brokers Group, Thomas Peterffy, says that Bitcoin has no underlying value and scares him. Investing guru Ray Dalio worries about a lack of privacy and the tax burden of crypto, preferring gold. Despite their concerns, both Peterffy and Dalio hold small amounts of crypto in their portfolios. Peterffy advises allocating no more than 2% to 3% of one’s portfolio to crypto, while Dalio views it as a...
12.12.2024
views: 555
Mt. Gox-linked wallet moves over 2,300 BTC as Bitcoin reclaims $100K
Mt. Gox-linked wallet moves over 2,300 BTC as Bitcoin reclaims $100K
Recent Bitcoin transfers by Mt. Gox may indicate impending creditor repayments despite the extended deadline. Key Takeaways Mt. Gox moved over 2,300 BTC to an unidentified wallet, marking another significant transfer this month. The transfers coincide with the Bitcoin price hitting $100,000, amid potential Federal Reserve policy changes. A wallet linked to the defunct crypto exchange Mt. Gox moved 2,324 Bitcoin worth $234 million to an unidentified wallet early Thursday,...
12.12.2024
views: 259
French Hill to Lead Powerful Congressional Panel Next Term: Report
French Hill to Lead Powerful Congressional Panel Next Term: Report
Hill, who chaired the House Financial Services Committee's digital assets subcommittee, has long been a crypto advocate on the Hill. Dec 12, 2024, 8:21 p.m. UTC Congressman French Hill will be the next chair of the powerful House Financial Services Committee, Punchbowl News reported Thursday. The Arkansas Republican was named to the role Thursday by the party's Steering Committee, which named the leaders of the various committees ahead of the...
12.12.2024
view: 988
Billionaire Executive Urges Investors to Hold BTC, But Not ‘Too Much’
Billionaire Executive Urges Investors to Hold BTC, But Not ‘Too Much’
Founder of Interactive Brokers Group, Thomas Peterffy, says that Bitcoin has no underlying value and scares him. Investing guru Ray Dalio worries about a lack of privacy and the tax burden of crypto, preferring gold. Despite their concerns, both Peterffy and Dalio hold small amounts of crypto in their portfolios. Peterffy advises allocating no more than 2% to 3% of one’s portfolio to crypto, while Dalio views it as a...
12.12.2024
view: 555
Mt. Gox-linked wallet moves over 2,300 BTC as Bitcoin reclaims $100K
Mt. Gox-linked wallet moves over 2,300 BTC as Bitcoin reclaims $100K
Recent Bitcoin transfers by Mt. Gox may indicate impending creditor repayments despite the extended deadline. Key Takeaways Mt. Gox moved over 2,300 BTC to an unidentified wallet, marking another significant transfer this month. The transfers coincide with the Bitcoin price hitting $100,000, amid potential Federal Reserve policy changes. A wallet linked to the defunct crypto exchange Mt. Gox moved 2,324 Bitcoin worth $234 million to an unidentified wallet early Thursday,...
12.12.2024
view: 259
Ledger faces scrutiny after user claims $2.5M in Bitcoin, NFTs stolen
Ledger faces scrutiny after user claims $2.5M in Bitcoin, NFTs stolen
What went wrong? Alleged vulnerabilities in hardware wallets prompt debate over digital asset security. Key Takeaways A user reported losing $2.5 million in Bitcoin and NFTs due to a security breach on a Ledger Nano S. The incident has raised questions about Ledger's security practices, prompting community scrutiny. Ledger’s security practices are under scrutiny after a crypto user reported losing approximately $2.5 million in digital assets stored on a Ledger...
13.12.2024
view: 829
Australian Pension Fund Reveals Rare Wager on Bitcoin (BTC) Futures
Australian Pension Fund Reveals Rare Wager on Bitcoin (BTC) Futures
Australian pension and wealth firm AMP Ltd. has become one of the nation’s first large retirement managers to invest in cryptocurrency products, allocating about A$27 million ($17.2 million) to Bitcoin futures. The fund “took the plunge and made a modest allocation to bitcoin” earlier this year, AMP Senior Portfolio Manager Steve Flegg said in a LinkedIn post this week. A spokesperson for AMP said the investment was in Bitcoin futures,...
13.12.2024
view: 90
Crypto Daybook Americas: Bull Momentum Stalls Ahead of Fed Rate Cut
Crypto Daybook Americas: Bull Momentum Stalls Ahead of Fed Rate Cut
Your day-ahead look for Dec. 13, 2024 Updated Dec 12, 2024, 3:05 p.m. UTC Published Dec 13, 2024, 12:00 p.m. UTC What to know: You are viewing Crypto Daybook Americas, your new morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. In the coming weeks, this daily update will replace the First Mover Americas newsletter, and arrive in your inbox at 7...
13.12.2024
view: 678
Dogecoin Sees 60,000 New Holders in 10 Days: DOGE Parabolic Run Ahead?
Dogecoin Sees 60,000 New Holders in 10 Days: DOGE Parabolic Run Ahead?
The number of new Dogecoin (DOGE) investors has increased in recent days, suggesting the potential for a price rally similar to its previous surge between September 23 and December 12. During that period, DOGE’s price climbed from $0.10 to $0.47. Could this sudden influx of holders be the catalyst for a breakout, or will the meme coin experience another drawdown? Investors Take New Dogecoin Positions Amid Historical Support Between November...
13.12.2024
view: 750
Racing Against MiCA Deadlines: Coinbase Set to Delist Tether's USDT
Racing Against MiCA Deadlines: Coinbase Set to Delist Tether's USDT
FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech,...
12.12.2024
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Bitcoin’s (BTC) Next Big Move: $130K Cycle Peak, $25K Bear Market Bottom?
Bitcoin’s (BTC) Next Big Move: $130K Cycle Peak, $25K Bear Market Bottom?
You are here: Home / News / Bitcoin’s (BTC) Next Big Move: $130K Cycle Peak, $25K Bear Market Bottom? Bitcoin’s next cycle top is projected between $130K–$175K, with the peak expected by February–March 2025. The Regression Channel suggests Bitcoin will reach Fibonacci 1.272 before hitting the $130K–$175K range. After the cycle peak, Bitcoin’s price could drop to $25K–$35K in a corrective wave from March–June 2026. Egrag has shared his view...
12.12.2024
view: 77
Crypto Myth Debunked? There’s No Evidence China Owns 194,000 Bitcoin
Crypto Myth Debunked? There’s No Evidence China Owns 194,000 Bitcoin
Last week, Bitcoin.com News dropped an editorial that spilled the beans on all the governments clutching bitcoin, whether they snagged it through criminal busts or by mining or buying it. In the piece, we noted that China might be sitting on a stash of over 190,000 bitcoins, and our report also threw in that this claim is pure speculation. Fast forward to this week, Sani from timechainindex.com throws shade on...
12.12.2024
view: 263