As the crypto markets advance towards the yearly close, the bears have become stronger, and as a result, the Bitcoin price drops below one of the pivotal supports. The pullback from the levels above $98,000 can be treated as a major setback, as this revives the possibility of a yearly close below the $100K milestone.
Strive Asset Management, co-founded by Republican Vivek Ramaswamy, has introduced a proposal for a ‘Bitcoin Bond' exchange-traded fund (ETF). This fund aims to offer exposure to bitcoin (BTC) by investing in convertible securities, primarily from firms such as Microstrategy.
Recent reports revealed that Russian companies have begun using Bitcoin and other digital assets in international trade to bypass sanctions. The country's Finance Minister also shared the government's plan to expand its crypto use as an alternative for international payment.
According to David Lawant of FalconX, Bitcoin is on track to experience the largest options expiry to date.
The market enters the final days of 2024 with a new record for the largest Bitcoin options expiry in history. Today, a total of $18 billion worth of Bitcoin and Ethereum options contracts will expire.
US spot Bitcoin ETFs have notched a positive net inflow nearing half a billion after four trading days which bled over $1.5 billion.
Bitcoin's price has been struggling recently, experiencing a noticeable decline over the past two weeks. As BTC dropped to $95,120, the crypto enthusiast is in fear of a massive crash ahead.
Bitcoin may be due to a strong price rebound in the coming days with immediate spot buyer demand rising on crypto exchange Binance.
The cryptocurrency market experienced another volatile day, with Bitcoin (BTC) retreating to $96,000 and major altcoins like Ethereum (ETH), Solana (SOL), and XRP following suit with notable declines. However, amidst the market-wide slump, Bitget's BGB token stood out, surging 22% and capturing investor attention. The global crypto market cap dropped by 2.
Bitcoin slips to $96K after $1.52B ETF outflows as MicroStrategy's $42B plan fuels optimism. Israel's Bitcoin mutual funds and technical resistance at $98,300 in focus. The post Bitcoin Slips to $96K Amid $1.52B ETF Outflows and MicroStrategy's $42B Plan appeared first on Cryptonews.
The crypto prices today have once again showcased a turbulent shift, setting off waves of speculations among traders and investors globally. Bitcoin (BTC) price backtracked to the $96k level, whereas Ethereum (ETH), Solana (SOL), and XRP mirrored a slumping movement.
Bitcoin investing isn't what it used to be. You don't just buy coins and hope they go up anymore. Strive Asset Manager, a firm founded by Vivek Ramaswamy, is pushing the boundaries with a new kind of fund.
On December 23, US spot Bitcoin (BTC) exchange-traded funds (ETFs) experienced significant outflows totalling $226 million, while Ethereum ETFs saw inflows of $130 million. The stark contrast in net flows between these two ETFs has sparked discussions among crypto analysts about whether an altcoin season might be on the horizon.
Bitwise has filed with the SEC for Bitcoin Standard Corporations ETF that invests in companies holding at least 1,000 Bitcoin.
Bitwise's proposed ETF aims to invest in firms that have adopted the "Bitcoin standard" by holding significant Bitcoin reserves. The post Bitwise Files Bitcoin Standard ETF Tracking Firms with BTC Reserves appeared first on Cryptonews.
Bitcoin price is currently levelling off after a meteoric rise in late 2024.
Bitwise has filed for an Exchange-Traded Fund (ETF) that focuses on companies holding massive amounts of Bitcoin. The idea? To offer investors a way to gain exposure to firms embracing the “Bitcoin standard.” Curious what that means? Let's break it down.
Bitcoin has crashed today, erasing the gains from the Christmas rally. Here's how this may have been foreshadowed by social media sentiment.
Russian Bitcoin payments are being used by companies under new legislation to counter Western sanctions.
Some crypto traders suggest that altcoins may be a better pick than Bitcoin “at this juncture," though not everyone agrees.
Bitwise has filed for an ETF that would invest in large market cap public companies with at least 1,000 Bitcoin on their balance sheets.
Bitcoin price failed to surpass $100,000 and corrected gains. BTC is back below $96,500 and might revisit the $93,200 support zone.
Crypto markets face pivotal moments as SEC's Ripple decision and BTC-spot ETF flows steer XRP and Bitcoin price trends into 2025.
New perspectives for Bitcoin: from a store of value to an active financial instrument.
CryptoQuant's CEO Ki Young Ju dismissed the idea that private CoinJoin transactions are mostly used by hackers to launder stolen funds.
An analyst has explained how the age of the average Bitcoin token has only been getting older during the recent bull run, something that could be bullish for the asset's price. Bitcoin Average Coin Age Has Been Trending Up Recently In a new post on X, CryptoQuant author Axel Adler Jr has talked about the recent trend in the Average Coin Age for Bitcoin.
Bitcoins price could soar to $1 million by 2025, according to Jeff Park of Bitwise. The bold prediction stems from ongoing debates about a potential U.S. Bitcoin reserve, a move that could redefine cryptocurrency adoption globally.
Bitcoin has observed a sharp retrace to $95,000 in the past day as on-chain data shows whales have been busy depositing to exchanges.
Bitcoin prices were fluctuating near the $95,000 level on the evening of Thursday, December 26, after losing almost 5%.
As more companies adopt bitcoin treasuries, two new ETFs—one from Vivek Ramaswamy—seek to capitalize on the trend.
The so-called "Santa Rally" of Bitcoin, which is typically a time of optimism and price increases during the holiday season, is beginning to show indications of possible danger. After a brief decline below the 50 EMA at $95,000, Bitcoin has managed to recover and is currently trading close to $97,000.
Bitcoin ongoing price movement has sparked intense analysis as it continues to hover below the $100,000 mark. Despite reaching an all-time high above $108,000 last week, the cryptocurrency has struggled to maintain upward momentum ever since.
Strive Asset Management, led by Vivek Ramaswamy, is filing with the SEC on its “Strive Bitcoin Bond ETF.” Exposing investors to the convertible bonds by MicroStrategy with a more crypto-friendly regulatory landscape with Trump admin.
Strive Asset Management, founded by Vivek Ramaswamy, has filed a request with US regulators to launch a new exchange-traded fund (ETF) designed to provide exposure to “Bitcoin Bonds,” according to a Dec. 26 filing.
Professional Capital Management founder and CEO Anthony Pompliano shares his thoughts on the future of crypto in the second Trump administration on ‘The Big Money Show.'
Strive, an asset management firm started by Vivek Ramaswamy, wants to launch an ETF that invests in convertible bonds issued by MicroStrategy and other companies that buy Bitcoin.
Former DMM users will not need to re-register their accounts; all fiat and crypto holdings will be automatically transferred to SBI.
KULR Technology Group, Inc., an NYSE-listed company, has taken a shift in its treasury management by investing $21 million in Bitcoin by buying 217.18 BTC at an average price of $96,556.53.
BlackRock reported holding 430,770 shares of its spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT through its Global Allocation Fund. According to a filing with the US Securities and Exchange Commission (SEC), the shares amount to over $17 million as of Oct. 31.
According to a recent report by Japanese cryptocurrency publication CoinPost, Japan's Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to establish a national Bitcoin (BTC) reserve. Ishiba Hesitant On Bitcoin Reserve Plans While some policymakers in Japan are advocating for the country to follow the lead of nations like the United States in exploring cryptocurrency reserves, Ishiba has expressed reservations, citing a lack of sufficient information to make an informed decision.
On December 25, Bitcoin (BTC) hinted at a potential “Santa Rally” as its price made an attempt to reclaim the $100,000 milestone. However, the rally faltered, falling short of the target.
Bitcoin transactions have risen significantly over the last two years, and with that increase, private transactions, especially CoinJoin transactions, have tripled. While some attribute the rise of CoinJoin transactions to hackers laundering funds, others point to increasing whale accumulation.
Bitcoin has recently attracted attention as it flirts with the $100,000 mark, while activity in long-dormant wallets adds intrigue. Here we delve into its current status and what the technical indicators suggest. The post Bitcoin Nears $100,000 as Decade-Old Wallets Move $20M – Bullish or Bearish? appeared first on Cryptonews.
The chief executive of market intelligence platform CryptoQuant says that Bitcoin (BTC) still has a ways to go before reaching its cycle top.
The investment giant, BlackRock is doubling down on US Bitcoin exchange-traded funds (ETFs) holdings. In a Securities and Exchange Commission (SEC), its Global Allocation Fund reported a 117% increase in IBIT shares as of October 31.
Bitcoin (BTC) whales have been accumulating BTC through privacy transactions for more than two years, according to CryptoQuant CEO and co-founder Ki Young Ju. Ki assessed the average number of transactions passing through CoinJoin, an anonymization service, and discovered that the number had tripled this cycle.
Crypto analyst Egrag Crypto has boldly predicted that the XRP price will outperform Bitcoin and Ethereum. The analyst provided an in-depth analysis showing that XRP has a much higher multiplier than BTC and ETH.
Bitcoin struggles to reclaim $100K as metrics reveal long-term holder behavior.