The Latest Breaking News from Bitcoin

Bukele highlighted the balance as he criticized the media for writing articles when it was in the red. "We have no intention of selling," he said

Although timelines on the approval of spot Bitcoin ETF filings are uncertain, Grayscale said it remained "focused on uplisting GBTC to NYSE Arca as a spot Bitcoin ETF."

The crypto market is currently a sea of green, as Bitcoin, the world's largest crypto asset by market cap, leads the digital assets in a price rally that benefited most crypto holders.

Bitcoin has not broken $40,000 since April 2022, before the collapse of Terra and other high-profile crypto projects.

A surge in crypto prices has brought worries about the bad old days, but there are 3 reasons to think it may be different this time.

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.48%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.64%. Stock index futures this morning are lower as higher bond yields weigh on stocks. T-note yields are higher today as they rebounded from last Friday’s 3-month low...

The king of crypto pushed through the $41,000 price level without much resistance with short positions on BTC contracts, immediately liquidating as much as $54 million.

Gold and bitcoin were in focus today as prices jumped in dealings linked to speculation over the outlook for US interest rate cuts.

However, Bitcoin's latest move also caused $190 million worth of liquidated derivates, $150 million of which was in short positions.

Bitcoin was up 5.2% for the week, followed by the Russell 2000 small caps index, which was up 3.5%. These gains outperformed the 0.2% tech-heavy Nasdaq 100 Index gains and the S&P 500 index's 0.9% gains.

Gold at all-time high, and bitcoin at 18-month peak, as traders bet on US interest rate cuts early next year, while ONS shows that mortgage holders face higher inflation