El Salvador adapts Bitcoin policy under a $1.4B IMF deal, limiting government crypto use but maintaining 6,000 BTC reserves. Explore its impact on Bitcoin prices.
The post Bitcoin Price Drops Below $100K: El Salvador’s $1.4B IMF Deal and 6,000 BTC Reserves appeared first on Cryptonews. …
Category: Bitcoin
El Salvador Plans to Continue Bitcoin Purchases Despite IMF Concerns
El Salvador pledged to expand Bitcoin purchases despite an IMF deal urging reduced crypto exposure.
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Over $1B Liquidated as Crypto Market Continues to Dip Following Fed’s Hawkish Signal
The crypto market faced a major shake-up as over $1 billion in leveraged positions were liquidated within 24 hours on December 19.
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Metaplanet Raises 9.5 Billion Yen for Accelerated Bitcoin Purchases Through Bond Issuance
Metaplanet Inc. has raised 9.5 billion yen ($60.6 million) through two tranches of bond issuance aimed at accelerating its Bitcoin purchases.
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BitDCA Secures $2M to Launch Bitcoin Savings App ‘Littlebit’
BitDCA, a fintech innovator based in the Czech Republic, has raised $2 million in pre-seed funding to launch a Bitcoin savings app called ‘Littlebit.’
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Strike CEO Predicts Bitcoin Could Skyrocket 870% – Is $1 Million BTC on the Horizon?
Bitcoin eyes $103,000 resistance after rebounding from $99,480 support. Strong buying interest and oversold RSI suggest near-term potential for a rally.
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Bitcoin Price Nears $105K; Ohio Bitcoin Bill and ETF Demand Surge in Play
Bitcoin rebounds to $104,800 as Ohio proposes a Bitcoin reserve bill. Technical analysis points to resistance at $105,152, with institutional inflows driving optimism.
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Presto Research Sees Bitcoin at $210K – Will 2025 Be Crypto’s Biggest Year Yet?
Presto Research predicts Bitcoin could hit $210K and the crypto market cap could soar to $7.5T in 2025. Will it be crypto’s biggest year yet?
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Ohio Representative Pushes Bill to Authorize Bitcoin Investments for State Treasury
Ohio Representative Derek Merrin has introduced a bill that aims to authorize the state’s treasury to invest public funds in Bitcoin.
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Metaplanet Stock Soars 2,450% YTD on Its Bold Bitcoin Strategy
Metaplanet’s stock surged 51% after announcing a ¥4.5 billion ($30 million) zero-interest bond issuance to fund further Bitcoin purchases.
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