News

🇺🇸 Michael Saylor Lays Framework For US To Pay Off $36T Debt With Bitcoin

Michael Saylor, the Chairman of MicroStrategy, was recently interviewed on CNBC, where he talked about the potential of Bitcoin (BTC) to solve the United States debt problem. He even compared the cryptocurrency to early bets on Manhattan, New York City, and its economy.

🇫🇷 Bybit Ends Crypto Withdrawals and Custody Services in France

In a major announcement on Tuesday, crypto exchange Bybit announced to stop its digital asset withdrawal and custodial services in France, citing regulatory roadblocks. The crypto exchange announced that these services won’t be available anytime after January 8, 2025, however, noting that it remains committed to adhering to the recent regulatory developments.

🇪🇺 Europe Calls For Strategic Bitcoin Reserve Similar To The US?

In the latest Bitcoin news, a European MP has sparked discussions with her recent comments on the flagship crypto and its potential. Notably, the MP said that Europe should follow the US and make Bitcoin a strategic reserve for the nation. She also criticized the EU’s digital euro, while backing investment into BTC. Meanwhile, this comes amid a global shift towards Bitcoin, with a flurry of countries and institutions increasing their focus on the digital asset.

Markets

📊 Cryptocurrency Prices Today Dec 17: BTC Hits $107K, BGB Jumps 16%, CRO Gains 7%

Cryptocurrency prices today saw Bitcoin (BTC) reaching a new all-time high of $107,700, drawing significant market attention. In the altcoin segment, Bitget Token (BGB) climbed 16% following heightened buying activity, while Cronos (CRO) rose by 7%, supported by consistent market interest. The Fear and Greed Index hit 81, reflecting growing enthusiasm across the market.

The global crypto market cap advanced by 1% to $3.72 trillion, with trading volumes increasing by 34% to $211 billion. Cryptocurrency prices today emphasize Bitcoin’s record-breaking surge, fostering optimism and reinforcing investor confidence.

🚀 Ethereum Price Reclaims $4000, ETH Whales & On-Chain Data Signal New ATH Soon

Ethereum price has once again made a strong move surging past $4,000 in the last 24 hours and extending its weekly gains to over 9%. The breakout above this crucial resistance comes amid strong ETH whale accumulation supported by optimistic on-chain metrics. Market analysts are confident of Ethereum reaching a new all-time high soon.

🔥 Bitcoin Price To Hit $125K, Peter Brandt Predicts As BTC Demand Soars

Bitcoin price has continued to make new records every day, indicating a strong market confidence towards the asset. Notably, this rally comes amid soaring institutional interest and whale accumulation, which suggests that the demand for BTC remains strong despite the recent rally. On the other hand, veteran trader and market expert Peter Brandt has shared a bold forecast for BTC amid this, sparking further discussions in the market.