As the cryptocurrency market continues its impressive momentum, the long-defunct Mt. Gox exchange has made waves by transferring $172.54 million worth of Bitcoin (BTC) to an undisclosed wallet. Data from Arkham Intelligence revealed that 1,619.6 BTC were moved earlier in the day, coinciding with Bitcoin’s historic climb past the $10,000 mark.

Despite the historical market sensitivity to activity linked to Mt. Gox wallets, this latest transfer appeared to have minimal immediate impact on Bitcoin's price. At the time of reporting, BTC was trading steadily around $106,800, holding its position near recent highs. Arkham Intelligence data further shows that Mt. Gox still controls approximately 37,705 BTC, valued at nearly $4 billion.

𝐎𝐧𝐠𝐨𝐢𝐧𝐠 𝐓𝐫𝐚𝐧𝐬𝐟𝐞𝐫𝐬 𝐚𝐧𝐝 𝐃𝐞𝐥𝐚𝐲𝐞𝐝 𝐑𝐞𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬

Mt. Gox-related Bitcoin transactions have persisted as creditors await long-overdue repayments. Notably, the repayment deadline has now been extended to October 31, 2025. This marks over a decade since the infamous exchange’s collapse, which triggered prolonged legal battles and a painstaking recovery process.

The restoration efforts began in 2018 under the supervision of a court-appointed trustee, who managed to recover nearly 200,000 BTC. Since then, creditors have faced multiple delays in receiving their claims, though significant progress continues to be made.

𝐁𝐢𝐭𝐜𝐨𝐢𝐧’𝐬 𝐑𝐞𝐜𝐨𝐫𝐝-𝐁𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞

Amid the Mt. Gox activity, Bitcoin’s price has experienced a banner year, recently surpassing $100,000 and achieving a $2 trillion market cap milestone. This makes Bitcoin the sixth most valuable asset globally, outpacing major players like silver and Saudi Aramco.

Looking ahead, analysts at Bitfinex anticipate further upward momentum. They predict Bitcoin’s current surge is just the beginning of a broader rally, projecting BTC to reach between $140,000 and $200,000 by mid-2025.

As Bitcoin continues to chart new highs and historical events like Mt. Gox unfold, the market remains firmly in the spotlight, signaling a potentially transformative period for the crypto industry.

#BitcoinMilestone #BTCPriceUpdate #CryptoMarketSurge #BTCNewATHAgain $BTC $ETH $XRP

Bitcoin Price Prediction 2025: Can BTC Rally to $150K by Mid-Year?
Bitcoin (BTC) reached a new ATH of $107,700 in the 2nd week of December. The current rally is giving bullish vibes for early 2025. 
The Fear and Greed Index has reached 87, indicating significant investor interest. The worldwide crypto market cap is $3.72 trillion, up 1%, with trading volumes up 34% to $211 billion.
Bitcoin’s market capitalization has surpassed $2.11 trillion, with a trading volume of $83 billion, keeping its dominance at 56.46%.
President Donald Trump’s plans to turn the U.S. into a Bitcoin powerhouse are driving excitement in the industry.
If Trump’s proposal for a Bitcoin Strategic Reserve is approved in January, the BTC price might leap to new heights.
This year’s rally has already been driven by the approval of Spot Bitcoin ETFs, and all eyes are now on how 2025 will unfold for Bitcoin.
With new tax policies, regulations, and Bitcoin reserve plans how high can bitcoin go in 2025?
Bitcoin Price Prediction for 2025
Mark Yusko, CEO of Morgan Creek Capital, shared his outlook on Bitcoin’s future in a recent podcast with Thinking Crypto Tony Edwards.
He predicts that Bitcoin’s current fair value of $100,000 will trigger a parabolic surge, potentially pushing its price to $120,000–$150,000 by mid-2025.
Yusko remains confident in Bitcoin’s four-year cycle, which he believes will peak in the first half of 2025.
However, some analysts warn of a “Double Bubble Altseason,” where a massive pump could lead to a sharp correction, similar to the 2017–2018 cycle. In January 2018, many altcoins surged 100x, only to see a 95% crash within a year.
He backed his stance with the events this year, he noted how Spot ETF approvals in January pushed Bitcoin to $74,000 in February followed by some minor corrections immediately after the approval.
This was the time many took an opportunity to buy the dip and with a distributive pattern, Bitcoin saw lower highs and lows in the futures market as well.
Crypto Community Joins In
Crypto analysts Tommy Mustache and Tim Peterson foresee Bitcoin reaching a price range of $105K to $112K in early 2025, with Peterson relying on his Metcalfe Law model for the projection.
Whereas if all goes well in Q1, the all-time high is expected to climb higher, hitting around $150K–$160K not before mid-2025, while Fibonacci and Elliott Wave analysis indicate slightly higher potential peaks.
By April or May 2025, Bitcoin’s fair value is projected to halt near $100K, driven by reduced leverage and increased investor activity.
Analysts predict a parabolic surge to $150K before a correction occurs, which could see Bitcoin prices drop to nosedive towards $75K.
Having said that, the possible correction will not be as drastic as in previous cycles, where the drops went as low as 50% below the fair value however this time it is a calculated risk.
The predictions are based on historical patterns where New ATHs bring short-term corrections.
#BitcoinPricePrediction #BTC☀ #CryptoMarketSurge #cryptocurrency #CryptoNews

Bitcoin Sets a New All-Time High Above $106K Based on Optimism Over Fed Rate Cut and Trump’s Pro-Crypto Policies
As of 9:50 a.m. UTC on Monday, December 16, Bitcoin is trading at $104,800, up 2.6% over the past twenty-four hours.
Earlier today, Bitcoin reached an all-time high of $106,533 at 12:35 a.m. UTC, reflecting strong bullish momentum as the market awaits an important announcement from the U.S. Federal Reserve on Wednesday.
The crypto market’s bullish sentiment has been building throughout 2024, starting on January 10 when the U.S. Securities and Exchange Commission (SEC) approved the first spot Bitcoin ETFs.
A few months later, the SEC approved spot Ethereum ETFs, further boosting optimism in the sector.
However, concerns about regulatory clarity for altcoins like Solana and Cardano persisted until the November 5th U.S. presidential election, when Donald Trump won, solidifying confidence in a more favorable regulatory environment.
Trump’s victory catalyzed a massive rally in the crypto market. Bitcoin, which traded at $68,500 on November 4, has surged roughly 52% to its current price.
This momentum is driven by Trump’s promises during his campaign, including his speech at the Bitcoin 2024 conference in July.
There, he pledged to be the “crypto president,” vowing to fire SEC Chair Gary Gensler on his first day in office, establish a strategic Bitcoin reserve, and champion cryptocurrency innovation in the United States.
Since his victory, Trump has also named several pro-crypto individuals to key positions:
David Sachs: Venture capitalist and former PayPal COO, appointed as the White House’s Crypto and AI Czar.
Scott Besant: Selected as Treasury Secretary.
Paul Atkins: Nominated as the new SEC Chair.
The Federal Open Market Committee (FOMC) meeting scheduled for December 17–18 will also play a pivotal role in shaping Bitcoin’s near-term trajectory.
According to the CME FedWatch Tool, there is a 97.1% probability that Fed Chair Jerome Powell will announce a twenty-five basis point rate cut.
The decision will be announced via a press release at 2 p.m. Eastern time on Wednesday, followed by Powell’s press conference at 2:30 p.m.
Historically, Bitcoin has shown positive momentum during December, with many in the cryptocurrency community referring to this seasonal uptrend as the “Santa Claus rally.”
Despite the optimistic outlook, some market participants remain cautious. Concerns linger that Powell may strike a hawkish tone during his press conference, signaling a more restrained approach to monetary easing in 2025 due to persistent inflationary pressures.
#USACryptoTrends #Bitcoin #cryptocurrencies #CryptoMarketSurge #CryptoNews

Bitcoin surges to record high above $106,000 on strategic reserve hopes
Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded at $105,688.
Bitcoin surged to a record high above $106,000 in early Asian trade on Monday, boosted by comments from President-elect Donald Trump that suggested he plans to create a US bitcoin strategic reserve similar to its strategic oil reserve.
Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded at $105,688. Smaller crypto ether rose nearly 3 per cent to 4,014.
"We're in blue sky territory here," said Tony Sycamore, an analyst at IG. "The next figure the market will be looking for is $110,000.
The pullback that a lot of people were waiting for just didn't happen, because now we've got this news."
"We're gonna do something great with crypto because we don't want China or anybody else - not just China but others are embracing it - and we want to be the head," Trump told CNBC late last week.
When asked if he plans to build a crypto reserve similar to oil reserves, Trump said: "Yeah, I think so." Other countries have also been considering cryptocurrency strategic reserves.
Russian President Vladimir Putin earlier this month questioned the need to hold state reserves in foreign currencies, saying that domestic investment of such reserves was more attractive.
Putin said the current US administration was undermining the role of the U.S dollar as the reserve currency in the global economy by using it for political purposes, forcing many countries to turn to alternative assets, including cryptocurrencies.
There are skeptics though, with Federal Reserve Chair Jerome Powell likening bitcoin to gold earlier this month."People are not using it as a form of payment, or as a store of value. It's highly volatile, it's not a competitor for the dollar."
Crypto boost
Bitcoin has surged more than 50 per cent since the Nov. 5 election that saw Trump elected along with many other pro-crypto candidates.
The total value of the cryptocurrency market has almost doubled over the year so far to hit a record over $3.8 trillion, according to data provider CoinGecko.
Trump this month named a White House czar for artificial intelligence and cryptocurrencies, former PayPal executive David Sacks, a close friend of Trump adviser and megadonor Elon Musk.
Trump also said he would nominate pro-crypto Washington attorney Paul Atkins to head the Securities and Exchange Commission.
On Friday, exchange operator Nasdaq said MicroStrategy will be added to the tech-heavy Nasdaq-100 Index after a meteoric surge in the shares of the bitcoin buyer.
MicroStrategy, an aggressive investor in the world's largest crypto asset, has seen its shares soar more than six-fold this year, taking its market value to almost $94 billion. It is now the largest corporate holder of the cryptocurrency.
#BitcoinATH #USACrypto #Cryptocurrency #CryptoMarketSurge #CryptoNewsAlerts

Bitcoin MENA 2024: Donald Trump’s Son Eric Says Bitcoin Price Will Hit $1 Million

Eric Trump at Bitcoin MENA 2024: Pushing for a Crypto Future with Donald Trump’s Vision for America as the Global Crypto Hub
Bitcoin Hits $100k: Eric Trump Embraces Crypto at Bitcoin MENA 2024, Supporting His Father’s Plan to Make America a Crypto Powerhouse
Eric Trump took the stage at the Bitcoin MENA conference, showcasing the Trump family’s growing involvement in the cryptocurrency space.
This marks a key moment, as it aligns with his father, Donald Trump’s, shifting stance on digital currencies—from initial skepticism to a more supportive position, particularly following his 2024 election victory.
At the conference, he said,
“I absolutely love Bitcoin. It has got a very special place in our heart. I truly believe this is the future. I think Bitcoin is the fundamental shift.
A lot of eyes were open when Bitcoin hit $100k and alot of eyes will be open when Bitcoin hits $1 Million and i’m confident it will hit $1 million.”
“Our concrete came from Chicago to build Burj Khalifa. Our family build real estate. But for the 1st time there is an asset that is revolutionary. It has the potential to be more powerful than anything we have seen before,”
He added: Eric Trump expressed confidence in his father, Donald Trump, becoming a “crypto president” and making America the global hub for cryptocurrency.
He said that while Gary Gensler and others have waged war against the crypto industry, Trump is committed to supporting it.
“I really believe this is the future of finance,” Eric said, adding that under Trump, America will lead in the crypto space.
He also said that Donald Trump would be the first president to speak at a crypto conference, showing his embrace of the industry. “We are going to make America great again,”
Eric concluded:Bitcoin Hits $100k
Bitcoin recently reached a historic milestone, hitting $100,000, fueled by expectations of a friendlier U.S. regulatory approach under President-elect Donald Trump.
Investors are optimistic that his administration will trigger a boom for cryptocurrencies. This price surge caps a year where Bitcoin’s value more than doubled.
Trump has been vocal about his support for digital assets, pledging to make the U.S. the “crypto capital of the planet.”
He has promised to accumulate a national Bitcoin stockpile and create a crypto advisory council. In September, he and his sons launched a new crypto business, World Liberty Financial.
#BitcoinMENA2024 #BitcoinConference2024 #CryptoMarketSurge #cryptocurrencies #CryptoNews