Bitcoin News

December 20, 2024 • Bitcoin News

Bitcoin Faces Price Drop Despite Rising Institutional Accumulation

Bitcoin's price struggles near $95,000 despite rising institutional purchases. Experts warn of an imminent supply shock amid ongoing market shifts.

December 20, 2024 •

Senator Lummis proposes a Bitcoin reserve to help reduce the US national debt, advocating for legal changes to allow Fed ownership.

December 19, 2024 •

Bitcoin rose from $94K to $106K in 14 days, but falling U.S. demand raises concerns about the rally’s future stability.

December 19, 2024 •

Bitcoin drops 7 percent to $100,544 with support at $98,000 and $85,000 as analysts predict a rally to $120,000 soon.

December 19, 2024 •

Bitcoin shows oversold conditions as RSI dips below 30, signaling potential for a price reversal amid recent market volatility.

El Salvador finalizes a $1.4 billion IMF loan, agreeing to scale back Bitcoin use, adjust fiscal policies, and unwind the Chivo wallet project.

December 19, 2024 •

Rumors suggest MicroStrategy may enter a January 2025 blackout period, halting Bitcoin purchases and impacting its strategy.

December 18, 2024 •

Sarah Knafo urges the EU to adopt a Bitcoin reserve, rejecting the digital euro. She highlights Bitcoin’s potential to ensure financial freedom.

December 18, 2024 •

Ohio's Bitcoin Reserve Act positions the state as a crypto leader, aiming to protect taxpayer funds and hedge against economic risks.

December 18, 2024 •

The U.S. may integrate Bitcoin into its strategic reserve, establishing a Strategic Bitcoin Reserve (SBR) for national economic security.

December 18, 2024 •

Wyoming Senator Cynthia Lummis advocates for a bold Bitcoin future with fiscal reforms, debt reduction, and federal crypto innovation by 2025.

December 18, 2024 •

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