Bitcoin Correction Nears End Hailey Welch
@Bitcoin’s correction phase is nearing completion, according to Hailey Welch, while influencer Hawk Tuah releases a statement on market dynamics (Dec. 15-21). Crypto @Bitcoin ↗ (+4)
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Alternative Proposed by Peter Schiff
Peter Schiff suggests the US create a ‘USA Coin’ capped at 21 million instead of a Strategic Bitcoin Reserve to save money, challenging the growing support for a BTC Reserve to reduce national debt. #Update #Crypto @PeterSchiff → (0)
Bitcoin ETF Sees Record Outflow
@BlackRock Bitcoin ETF saw a record outflow of $72.7M amid a crypto market pullback, ending a 16-day inflow streak, reflecting investor caution. #Breaking #ETF @BlackRock ↘ (-3)
Bitcoin Boost: 7 BTC for 20 Projects
Human Rights Foundation distributed 7 $BTC ($673,000) to 20 global Bitcoin projects like @StratumV2 and @Tando, focusing on decentralization and education. #Update #Crypto @HRF → (+6)
Bitcoin: US Potential $81 Trillion Windfall
Michael Saylor proposed a plan for the US to generate $81 trillion by creating a Strategic Bitcoin Reserve, enhancing the US dollar and reducing national debt (Dec 2024). #Update #Bitcoin @saylor ↗ (+$81T)
Bitcoin to Hit $1M Ark CEO Predicts
Cathie Wood, CEO of @ARKInvest, forecasts $BTC to surpass $1M by 2030, driven by Trump’s deregulatory policies and Andrew Ferguson’s FTC leadership (Dec 2024). #Update #Bitcoin @ARKInvest ↗ (+10)
Bitcoin Investment Metaplanet Seeks $60M Boost
Metaplanet issues ¥9.5B ($60.6M) bonds to accelerate $BTC purchases, boosting its 1,142 BTC portfolio valued at $106.4M (Dec 2024). #Update #Bitcoin @Metaplanet ↗ (+325%)
Bitcoin ETFs Approved: SEC Greenlights Franklin Templeton
The @SECGov approved cryptocurrency ETFs from @FTI_Global and @Hashdex; $BTC and $ETH integration into traditional markets starts on Nasdaq and Cboe BZX (Dec 2024). Bitcoin @SECGov ↗ (+7)
Bitcoin Miner MARA Acquires 15,574 BTC
@MarathonDH acquires 15,574 $BTC for $1.53B (Dec 2024), expanding holdings to 44,394 BTC with unrealized profit of $64M. #Update #Bitcoin @MarathonDH ↗ (+7)
Bitcoin Limit Questioned by BlackRock
BlackRock reignites debate on Bitcoin’s 21 million BTC cap, suggesting changes via hard fork could impact its scarcity and investor trust (Jan 2024). #Update #Bitcoin @BlackRock ↘ (-3)
Bitcoin Surge Boosts Chinese ASIC Prices
Bitcoin’s rise above $100,000 boosts demand for Chinese ASIC miners, with Antminer S21 and S21 XP prices up 30% (Dec 2024); top buyers include the US, Canada, Russia, Ethiopia. #Update #Bitcoin @BitmainTech ↗ (+8)
Bitcoin Acquisition: Hut 8 Buys 990 BTC
@Hut8Mining acquired 990 $BTC for $100M, boosting holdings to 10,096 BTC valued at over $1B; ranks among top 10 corporate holders globally (2024). ↗ (+5) @Hut8Mining @CoinDesk
Bitcoin Surpasses Gold Amid ETF Milestone
@MicroStrategy’s Michael Saylor emphasizes $BTC’s dominance over gold, with @BlackRock’s Bitcoin ETF reaching $57.8 billion in assets in a year. Bitcoin ETF inflows hit $5.5 billion in two weeks, showing strong interest. #Bitcoin #CryptoNews #Investing
Bitcoin Rumors: MicroStrategy Pauses Purchases
MicroStrategy may pause Bitcoin ($BTC) purchases in January 2025 due to an earnings report blackout period, raising questions about its strategy as a Nasdaq-100 member. This move could impact cryptocurrency dynamics and investor perceptions. #Bitcoin #CryptoNews