The U.S. Department of Justice has recommended returning $9.3 billion worth of Bitcoin, stolen in a 2016 hack, to crypto exchange @Bitfinex, following the recovery of 94,643 BTC. The DOJ states there are no specific victims in this case. #Breaking #Legal $BTC (+8) ↗
SEC Chair Gary Gensler confirms that neither Bitcoin ($BTC) nor Ethereum ($ETH) have been classified as securities by the U.S. Securities and Exchange Commission (SEC), emphasizing the need for proper disclosure in the crypto market. #Update #Crypto $BTC (+3) →
Bitcoin price nears $100K as the US dollar dips following Consumer Price Index relief, boosting $BTC’s strength amid fresh macroeconomic data. #Update #Crypto $BTC (+6) ↗
Bitcoin surged to an intraday high of $99,442 following U.S. inflation data showing a core inflation slowdown, with $224M liquidated in 24 hours; trading at $98,805 by 9 a.m. ET. #Update #Crypto $BTC (+6) ↗
A court has ruled that approximately 120,000 Bitcoin seized from the 2016 @Bitfinex hack should be returned to the exchange, with the assets now valued at over $4 billion. This marks a significant recovery in ongoing efforts. #Breaking #Crypto $BTC (+9) ↗
The US Consumer Price Index (CPI) rose to 2.9% for December 2024, aligning with market expectations and boosting $BTC above $98.5K as core CPI inflation was lower than anticipated. The US dollar index fell below 109, contributing to Bitcoin’s price increase. #Update #Crypto $BTC (+3) ↗
Ronaldo, a seasoned crypto enthusiast, analyzes Bitcoin election patterns for potential price impacts ahead of the January 20 inauguration, leveraging his technical analysis expertise to provide insights into market trends and opportunities. #Update #Crypto $BTC (+3) ↗
Crypto hedge funds achieved double-digit returns in 2024, yet they couldn’t surpass $BTC’s remarkable performance, as reported by @GalaxyHQ’s Visiontrack Composite Index tracking 130 crypto-focused hedge funds. #Update #Crypto $BTC (+3) ↗
Spot Bitcoin ETFs, including @BlackRock’s, faced a fourth day of outflows totaling $209.82M, while Ethereum ETFs saw a $1.15M inflow led by Bitwise’s ETHW product, signaling investor confidence in $ETH. #Update #ETF $ETH (→ 0)
Increasing political support for cryptocurrencies and advancements in blockchain and AI are set to make 2025 a memorable year for the crypto industry, potentially impacting $BTC and other digital assets significantly. #Update #Crypto $BTC (+6) ↗
@GeniusGroup (GNS) increased its Bitcoin holdings to $35M, acquiring 372 BTC at $94,047 each. @MingShingGroup (MSW) also purchased 500 BTC at $94,375 per coin, highlighting a surge in corporate Bitcoin adoption. #Breaking #Crypto $BTC (+9) ↗
SEC Chair Gary Gensler, set to resign next week, differentiated $BTC from other cryptocurrencies on CNBC, emphasizing its speculative nature but potential evolution akin to gold. His tenure saw regulatory actions against crypto firms. #Update #Crypto $BTC (-3) ↘
@Solana tops the charts as the go-to blockchain platform for artificial intelligence applications, showcasing its growing influence in the tech world. #Update #Crypto $SOL (+6) ↗
SEC Chair Gary Gensler likened $BTC to gold, highlighting its global appeal and speculative nature in his CNBC exit interview. He reiterated that Bitcoin is not a security but warned most other tokens could face securities regulation. #Update #Crypto $BTC (-2) ↘
