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Meanwhile, Japanese and Russian lawmakers also proposed strategic BTC reserves
This authorization enables Bitget to offer services such as Bitcoin-to-fiat currency exchanges, BTC payments and custody
VIRTUAL price surges over 536% in a month, breaking into the Top 50 cryptos. High RSI and BBTrend show bullish strength but warn of corrections.
Ethereum hovers near $3,935 but struggles with resistance. Falling Open Interest and rising selling pressure threaten its rally to a new ATH.
Crypto investment products registered $3.2 billion worth of net inflows globally last week, led by the U.S. spot Bitcoin ETFs, according to CoinShares.The funds’ year-to-date net inflows reached a fresh record of $44.5 billion — quadruple any other year, Head of Research James Butterfill said.
SUI price approaches a new all-time high as bullish momentum drives it near $5. Technical indicators show an intact but weakening uptrend.
- 13:16Industry insider: Currently, everything in the cryptocurrency industry is developing in a favorable directionCryptocurrency was once a fringe thing in the eyes of the investing public, an issue of concern for Washington policymakers, and an object of ridicule by top Wall Street figures. But in 2024, this situation changed. Since the beginning of the year, investors holding Bitcoin have seen their returns increase by 126%, with Bitcoin soaring to over $100,000 after Trump's election. Data from Coinmarketcap shows that the market value of all cryptocurrencies has inflated nearly $1.7 trillion. Ian Katz, managing partner at Capital Alpha said: "Currently everything in the cryptocurrency industry is moving in a favorable direction." Cryptocurrency enthusiasts believe that this upward trend will not end soon. Matt Hougan, Chief Investment Officer at Bitwise believes that by this time next year,"we will be having the same conversation about how Bitcoin has experienced an incredible surge". Bitwise predicts that Bitcoin will break through $200,000 before the end of 2025.
- 13:15Bitwise predicts that Bitcoin will break through $200,000 by the end of 2025In 2024, the cryptocurrency industry made significant breakthroughs, transitioning from a fringe asset to a mainstream investment tool with significantly increased market acceptance. The price of Bitcoin soared above $100,000, an annual increase of 126%, and the market value of cryptocurrencies grew by $1.7 trillion. Financial giants such as BlackRock launched spot Bitcoin ETFs to attract ordinary investors, and cryptocurrencies were seen as alternatives to gold. At the same time, the pro-cryptocurrency stance of the Trump administration and support from Congress brought legislative and regulatory benefits to the industry. Despite future uncertainties, there is widespread optimism both inside and outside the industry that Bitcoin's upward trend will continue in 2025; Bitwise predicts that Bitcoin will break through $200,000 before the end of 2025.
- 13:13Analysis: Bitcoin has experienced seven tenfold increases in its history, and the next one will reach 1 million dollarsOn December 26, some analysts believe that the price of Bitcoin is closer to the major milestone of $1,000,000 than it appears. This is because in Bitcoin's history, it has already experienced seven tenfold increases (starting from $0.01), and only needs to experience one more tenfold increase to reach $1 million next time.
