Bitcoin's Price Officially Breaks $100,000: 4 Key Drivers Behind the Milestone

 has officially crossed the $100,000 mark, setting new all-time highs. Once dismissed by many as a scam or speculative experiment, Bitcoin has grown to become one of the top 20 most valuable assets globally, with a total market cap nearing $2 trillion. Over the past decade, Bitcoin has undergone one of the most significant perception shifts in financial history, with mass media and institutions reversing their skepticism and embracing its potential. The $100K milestone represents more than just a price point—it’s the result of years of increasing mainstream acceptance. Institutional investors are integrating Bitcoin into their portfolios, Bitcoin ETFs are breaking records, favorable global economic trends are driving demand, and political shifts are creating a more supportive environment. Let’s take a closer look at the key factors behind Bitcoin’s rise to over $100,000.

US Bitcoin ETFs: Validation For Traditional Investors

On January 10th, the SEC granted regulatory approval for 11 U.S. Bitcoin exchange-traded funds (ETFs). While European-listed exchange-traded notes (ETNs) had been available for years, the approval and launch of U.S.-based Bitcoin ETFs marked a pivotal moment for Bitcoin. This milestone not only eliminated significant barriers to entry for traditional investors but also reshaped public perception of Bitcoin as a legitimate and regulated financial asset. Here are some highlights.

Macroeconomic Factors: Bitcoin as a Hedge

Global economic conditions have increasingly positioned Bitcoin as an alternative investment for investors looking to protect and grow their wealth. Traditional investment options like bonds and savings accounts have become less attractive due to a combination of low interest rates, rising inflation, and negative real yields in several major economies. These shifts have driven both retail and institutional investors to view Bitcoin as a hedge against economic instability and a store of value, often referred to as digital gold.

Political Support: A Crypto-Friendly Climate

The political and regulatory climate is increasingly tilting in favor of cryptocurrencies, providing strong momentum for Bitcoin's growth. Governments and policymakers worldwide are recognizing the potential of blockchain technology and digital assets, shifting from skepticism to proactive engagement. These political tailwinds, coupled with regulatory advancements, are fostering a more secure and predictable environment for Bitcoin, boosting investor confidence.

Continued Institutional Adoption: Bitcoin Goes Mainstream

Institutional investors and corporations are driving Bitcoin’s transformation from a niche digital asset to a widely accepted investment and financial tool. Seen as a hedge against inflation, a store of value, and an alternative to traditional financial instruments, Bitcoin’s appeal has surged among major players in the financial world. This growing adoption is a key factor in Bitcoin’s price reaching new highs, underpinned by its integration into treasury strategies, investment portfolios, and payment systems.

Conclusion: Your Opportunity to Join the Bitcoin Momentum

As Bitcoin soars past the $100,000 pricepoint and sets the stage for further growth, there’s no better time to take your trading to the next level. Bybit (powered by SATOS) invites Dutch traders to participate in our 

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This exclusive event is your chance to experience Bybit’s industry-leading VIP Program while capitalizing on Bitcoin’s historic rise. Don’t miss out—

Intermediate

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Bitcoin Officially Breaks $100,000: 4 Key Drivers Behind the Milestone

Ondo Finance has launched a new institutional-grade bridging solution for tokenized real-world assets (RWAs), leveraging LayerZero’s decentralized verifier network (DVN) for enhanced security.

The S&P 500 rose 0.57% to a record high, driven by investor focus on upcoming inflation data, despite concerns over new tariff threats and the Federal Reserve's cautious stance on rate cuts.  Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 2.60%, with Bitcoin and Ether dropping by 4.08% and 3.27%, respectively in the past 24 hours.

Today's top performer is FTM, which surged 9.9% following Sonic Labs' partnership with OctavFi for advanced on-chain financial management.

Sonic Labs (FTM), founded in 2018, formerly known as Fantom Foundation, supports the development of Sonic, a new layer-1 blockchain designed for fast, efficient transactions and secure connectivity to Ethereum. It focuses on creating decentralized applications and managing governance for the Sonic ecosystem, which is set to launch later in the year. 

 to bring institutional-level financial management, advanced on-chain treasury management, and financial reporting to its protocols.

Check Out the Latest Prices, Charts, and Data of 

 a new institutional-grade bridging solution for tokenized real-world assets (RWAs), leveraging LayerZero’s decentralized verifier network (DVN) for enhanced security. This solution enables seamless transfers of USDY, Ondo’s yield-bearing tokenized US Treasuries, across Ethereum, Arbitrum, and Mantle. The bridging architecture incorporates trusted bridge providers like PolyhedraZK and Axelar, along with Ondo’s own DVN, ensuring secure and decentralized transaction validation. The integration is available now via Ondo’s frontend and Stargate Finance, with support for additional chains planned.

Yesterday, BTC spot ETF flows recorded a total outflow of $122.8M, including $36.1M from GBTC and $86.7M from non-GBTC funds.

Check Out the Latest Prices, Charts, and Data of  

, requiring wallet and social handle registration by Dec 2, 2024, 2 PM UTC. Eligibility criteria include completing 3 transactions across 2 apps on Movement's testnets and finishing Road to Parthenon quests. After TGE, users can claim MOVE tokens on Ethereum Mainnet or Movement Mainnet, with the latter offering a 1.25x multiplier. More airdrop seasons will follow post-mainnet launch.

Beginner

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Ondo Launches Institutional-Grade Bridging for Tokenized RWAs with LayerZero Security

How to Use the Bybit Card to Earn 15% Cashback on Top of All Black Friday Deals

Originally an American tradition, Black Friday has evolved into a global shopping event and is now a significant date in the Dutch retail calendar. In the Netherlands, Black Friday has grown in popularity, with major retailers like Bol.com, Coolblue, MediaMarkt, and Bijenkorf offering deals across a wide range of products.

As a nation known for valuing savings, Black Friday provides an excellent opportunity to stack discounts and maximize value. Bybit's Black Friday Card Promotion adds an extra layer of savings with 

 on both online and offline purchases. Explore how the Bybit Card works, along with practical examples of savings during Black Friday shopping, to make the most of this year’s event.

How Can You Take Part in This Black Friday Promotion?

Joining the Bybit Black Friday Promotion is simple! Follow these steps to start earning 

 ontop of all your Black Friday deals Weekend:

Practical Examples of Savings With Bybit Card

Simply input your Bybit Card details at checkout or use instant payment methods like 

 to complete your online purchases seamlessly. Cashback is automatically applied to your account, making savings effortless.

For offline purchases, use your Bybit Card as a physical card or digitally through 

. As long as the store accepts PIN payments, you’ll earn cashback rewards instantly.

After the Black Friday promotion ends, the Bybit Card reverts to its 

 offer, allowing you to save on all your purchases through the rest of the year. Whether you’re buying Sinterklaas gifts, stocking up for Christmas, or grabbing post-holiday deals, the savings keep rolling in.

The Bybit Card is your ticket to maximizing savings on the biggest shopping day of the year. From tech to festive essentials, every purchase becomes more rewarding.

Learn more about the Bybit Card Black Friday Promotion 

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How Can You Use the Bybit Card to Earn 15% Cashback on Top of All Black Friday Deals?

Bitcoin Hits New All-Time Highs: 8 Things Trump Is Saying About Cryptocurrency and What It Means for Bitcoin and Altcoins

With Bitcoin and the total cryptocurrency market cap surging to highs- returning to its 2021 peak—many are attributing this renewed bullish momentum to Donald Trump’s recent U.S. election victory. In this article, we’ll explore 8 key promises and policies Trump has put forth for the sector and the potential impact on both blue chip and meme coin cryptocurrencies.

Donald Trump & Crypto: The Bull Case for The Sector

The newly elected U.S. President, Donald Trump, has outlined a series of plans for the cryptocurrency sector, signaling major shifts in U.S. policy. With the United States accounting for approximately 

, U.S. policy and leadership play a significant role in shaping the sector. Here are eight key takeaways and promises from his proposed initiatives:

These factors collectively contribute to a positive outlook for the cryptocurrency sector under the current administration.

The election outcome has also positively influenced blue-chip cryptocurrencies:

Trump's win has significantly impacted the meme-coin sector. Following the victory,

 surged by 145%, outperforming Bitcoin and Ethereum in growth. This rally reflects heightened speculation that Trump's pro-crypto regulatory stance could indirectly support meme-coins, which are often driven by community engagement and viral appeal. Meme-coins, while volatile, present high-risk, high-reward opportunities, and recent events have drawn increased attention from traders looking to capitalize on this momentum.

Capitalizing on Trump’s Win and Riding the Crypto Wave

With the markets heating up and Bitcoin breaking new all-time highs, are your friends and family asking about how to get started with crypto? Now’s the perfect time to help them dive in—and earn exclusive rewards while you’re at it—with

Bybit Referral Rush: Exclusive Rewards for the Netherlands

During the Referral Rush, Dutch users can invite friends and earn exclusive bonuses alongside the standard Bybit Referral Program rewards:

Get referral rewards and a 30% commission on transactions made by your referees across Spot, Copy Trading, and Bybit Card. Your referees must deposit and trade to qualify.

 Each friend you invite will earn an additional 100 USDT, a special reward just for Dutch users.

 Earn 20 USDT for every successful Bybit Card referral.

Help your friends and family get started in crypto, and let the rewards stack up! Whether it’s trading, using the Bybit Card, or exploring spot trading, your referrals earn rewards—and so do you!

Ready to start sharing the benefits of crypto? Invite now and unlock rewards for you and your friends 

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Bybit Learn

Crypto

Crypto cards possess so many benefits beyond your expectations. From crypto cashback to its unique utility, here's why you need to start using a crypto card. 

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Crypto credit and debit cards are popular additions to the crypto sector that are receiving positive sentiment in the market. These bank cards are typically tied to cryptocurrency exchanges, with a user's digital assets in a

 instead of a traditional bank account backed by fiat currency. These crypto cards function just like a traditional credit card, using a different underlying asset and with added twists on it.

As these new cards and payment options emerge in the crypto market, you might be asking if you should jump on the bandwagon. First, let's talk a little bit about crypto, and then we'll get into some of the reasons why taking the plunge into the world of

and using crypto cards backed by digital currencies might be a good idea.

The crypto sector has been growing exponentially, with more widespread adoption from financial institutions and retailers, despite some of the

. Still, crypto investment is perceived to be an investment class with a high return on investment, especially with the continual innovations in web3, non-fungible tokens (

Crypto also offers a way to diversify an investor's portfolio. Beyond

and more, there is an eclectic selection of digital assets such as NFTs for users to invest in. The decentralized nature of these digital assets gives investors more control over their assets, and protection against

Why Are Crypto Cards Becoming More Popular?

Crypto cards are increasing in popularity because of their ease of use. Users can pay merchants for everyday transactions using cryptocurrencies. This grants them more privacy than the wire transfer they would normally receive from a bank or another financial institution, as anonymity is one of the main tenets of the

Another factor is the widespread acceptance that these cards offer in financial systems. Not only can they be used online, but at point-of-sales machines in stores as well. You can complete secure transactions anywhere in the world using your digital assets.

What's even more enticing are the rewards programs that these crypto cards offer. Users can earn cashback in the form of crypto or fiat currencies. This helps new users get their hands on crypto without paying hefty fees to purchase it.

Top Reasons Why You Should Own a Crypto Card

As the allure of crypto cards captivates the financial world, Bybit has stepped up and unveiled its own crypto debit card in response to this rising demand. 

is a Mastercard crypto debit card that enables users to access and spend their cryptocurrencies in an effortless manner, bridging the gap between digital assets and everyday transactions. Designed with the modern user in mind, the Bybit Card offers a convenient way for users to off-ramp their trading profits and spend them anywhere, anytime. 

With the Bybit Loyalty Rewards Program, you can accumulate Reward Points for every 1 USD/EUR or 900 ARS spent and exchange these points for exclusive rewards 

such as bonuses, coupons, exclusive merchandise on 

. You can also convert them for cashback via the 

 function which gives you automatic cashback for all purchases done with fiat and crypto in USDT. 

Instead of receiving traditional spending points, which will expire before they can be redeemed for anything of value, crypto card users can receive cashback in the form of crypto — which can be reinvested into the ecosystem for investment appreciation.

One of the most important features of crypto cards is the access they grant to

of networks since they can be used across different blockchains to facilitate cross-chain transactions between

Another perk is that private keys are stored offline on the cards, so they’re

. Overall, crypto cards make transactions on web3 far more accessible, eliminating the technical expertise needed to manage private keys and navigate the complicated crypto ecosystem.

Reason 3: No need for credit score evaluation

Traditional credit cards require a credit score check, while crypto cards are much easier to obtain. Users have access to the freedom and benefits of card ownership, without being punished for student loan debt or mistakes they made five or more years ago. Instead, the only requirements for obtaining a crypto credit card are having a valid

and an account with the crypto exchange offering the card service, although other terms and some minor fees can be assessed by the exchange.

Also unlike traditional credit cards, crypto credit cards typically do not have annual fees and high interest rates. Still, there are small fees in certain circumstances, particularly with crypto credit cards, but all fees are announced in advance, so you won't have any surprises when you check your account.

Reason 5: Easier to get your hands on crypto via crypto cashback

Another major benefit is the crypto cashback system that crypto cards offer, allowing users to receive cashback in the form of crypto tokens. This is also another form of diversifying your crypto assets, as these tokens can increase in value as their use becomes more widespread. This allows you to receive additional crypto without having to pay any

, which you might experience while trading on an exchange.

Reason 6: Short lead times so you can instantly access and process funds

The blockchain technology that cryptocurrencies are built on provides users with a faster and better experience, especially with processing payments or deposits. Processing refunds, for example, can take up to three days with a bank or up to ten days with some prepaid debit cards. Crypto cards can reduce those wait times and make transactions nearly instantaneous. You'll no longer have to wait a few days to get your money back after accidentally being double-charged at a shop.

Unlike cards that offer fees for using another bank's ATM, or prepaid cards that even charge ATM fees for balance checks, crypto cards are ATM fee-free, allowing crypto wallet users to access their money without paying exorbitant fees that can add up over time. You can withdraw money from your crypto assets without giving away hundreds of dollars in fees every year to a multibillion-dollar international banking institution.

Another benefit that crypto credit and debit card owners can use to

is the use of two-factor authentication (2FA) before making purchases. This reduces the risk of stolen cards and identity theft that can lead to bad actors stealing your money. You can even use 2FA for in-person purchases as well. Blockchain’s speed will send the notification to your phone immediately, and the simple press of a button means the card can be used by you and only you.

This feature is optional, of course, and can be disabled if you're the type of person who doesn't like to have their phone on and in their hands at all times. It’s simply an option that can be used to provide

and reduce the risk of a stolen card falling into the wrong hands.

Unlike American Express or Discover cards, which can be used in fiat currencies in many places but not everywhere, crypto debit cards and crypto credit cards can be used anywhere that accepts Visa or Mastercard, depending on the card issuer. This is because the system converts your crypto assets into fiat currency (i.e.,

to United States Dollars or British Pound Sterling) for the transaction, so you'll always be able to pay in the local currency, no matter where you are in the world.

Speaking of traveling, most traditional debit and credit card users know the hassle of going on vacation or a business trip with their cards. You have to tell your bank where you're going and how long you'll be gone and, even then, you'll probably experience an embarrassed store clerk telling you that your card has been declined because it was flagged by the bank's Fraud Detection Department.

However, with a crypto debit or crypto credit card, you can feel free to travel at your leisure. If you want to spend a few extra days abroad, you won't have to call the bank and feel like you're getting some college intern's permission to live your life. Since your crypto assets are converted into local currency at the point of sale, you'll never have to worry about foreign transaction fees, either.

Crypto Debit or Credit Cards: Are They Right for You?

Crypto debit and credit cards are perfect for anyone who has a Bitcoin wallet, and would like to use their crypto to pay for everyday purchases. They're also an excellent choice for users who would prefer to make cryptocurrency transactions with a little more

, security and speed than with traditional financial institutions.

They're also perfect for people who like to give gifts to their loved ones. For example, if you're married and have shared finances, it can be difficult to make a surprise purchase for your significant other without their seeing the transaction on the bank statement before the gift arrives. However, with a crypto credit or debit card, you can purchase anything you want without the transaction being seen.

For most people with even a modest amount of crypto assets, these cards are definitely considered a good idea. The ability to control one's own money directly, while being able to avoid paying hefty fees to a bank or other financial institution, is a dream come true for many people. Even if you have a small amount of a crypto asset and don't think you'd use the card, it's very handy to have in emergencies. If your car breaks down a day before payday and you need emergency maintenance or repair, you'll be glad to know that your crypto card will cover you until your paycheck arrives.

The above are just a few of the reasons why crypto credit and debit cards are quickly becoming popular choices for investors. If you're getting tired of your bank and their numerous fees, a crypto credit or debit card may be the perfect choice for your wallet. To put it simply, crypto cards are just like the credit and debit cards that you've been using all your life, except better in every way. 

10 Reasons Why You Should Own a Crypto Card

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards