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news-imageDecember 12, 2024

Bitcoin 15% futures basis 'insane' as BTC price sees record daily close

Bitcoin leveraged bets are off the table after repeated washouts — but BTC price action is seen beating all-time highs within days.
Publisher: Cointelegraph
Sentiment: Positive
BTC

More News Articles

Positive
cover-imageBitcoin
December 12, 2024

Bitcoin and Ethereum ETFs See Extended Inflow Streaks

Accumulated consistent inflows over a 13-day period for Bitcoin and Ethereum ETFs signals robust demand. Bitcoin and Ethereum ETFs on a Roll Bitcoin and Ethereum exchange-traded funds (ETFs) have been on a remarkable inflow streak over the past two weeks. This is according to data from Sosovalue which tracks the performance of ETFs. On Dec.

Negative
cover-imageCoinPedia
December 12, 2024

Bitcoin ATM Operator Byte Federal Reports Data Breach Affecting 58,000 Customers

United States-based Bitcoin ATM operator Byte Federal, recently fell victim to a cyberattack, where hackers exploited a vulnerability in GitLab which resulted in a significant data breach that might have exposed sensitive personal details of about 58,000 customers. This incident raises concerns over the ongoing battle against cyber threats targeting financial platforms.

Positive
cover-imageAltcoin Buzz
December 12, 2024

Vancouver Mayor Proposes Bitcoin Adoption Against Inflation

Ken Sim, Mayor of Vancouver, is making waves with a bold proposal to integrate Bitcoin into the city's financial framework. At a council meeting on Dec. 11, he introduced a motion titled “Preserving the City's Purchasing Power Through Diversification of Financial Reserves—Becoming A Bitcoin Friendly City.

Positive
cover-imageCrypto Economy
December 12, 2024

Breaking Down Bitcoin's $100K Milestone: Miners, Transactions, and Ownership Trends

TL;DR Bitcoin crossed the $100,000 mark for the first time on December 5, 2024, briefly pushing its market capitalization above $2 trillion. Miners' daily revenue surged beyond $40 million, with cumulative earnings reaching $71.49 billion, reflecting the network's robust security and economic incentives. Bitcoin's network processed 1.12 billion transactions, settling $131.

Positive
cover-imageNewsBTC
December 12, 2024

Bitcoin To $250,000, Ethereum To $12,000: Here's When, Says VC CIO

In a price prediction shared on X, Tom Dunleavy, Chief Investment Officer (CIO) at MV Global—formerly known as Master Ventures—outlined his bullish projections for major cryptocurrencies in 2025. MV Global is a blockchain-focused venture studio renowned for building infrastructure companies aimed at advancing blockchain adoption, with investments spanning prominent entities such as Coinbase, Kraken, Ripple, Circle, and Bitfinex.

Positive
cover-imageCoinPedia
December 12, 2024

Bitcoin ETF Inflows Hit $223M as Institutional Demand Grows

Bitcoin (BTC) price rallied more than 5 percent on Wednesday after rebounding from the crucial support range between $94.3k and $96.6k earlier this week. The flagship coin retested the prior all-time high (ATH) range of between $101,219 and $101,998 before slightly retracing to trade about $100,780 on Thursday, December 12, during the mid-London session.

Positive
cover-imageCrypto Daily
December 12, 2024

Crypto Price Analysis 12-12 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, UNISWAP: UNI, CHAINLINK: LINK, ALGORAND: ALGO

Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.

Neutral
cover-imageThe Currency Analytics
December 12, 2024

Bitcoin Defends $96k Support: BTC Eyes $105k Next

Bitcoin (BTC) has recently shown resilience in defending key support levels, especially at the $96,000 mark. After a period of consolidation beneath the psychological $100,000 level, Bitcoin's bulls have managed to keep the price above the mid-range support.

Positive
cover-imageThe Daily Hodl
December 12, 2024

Ray Dalio Says He'd Rather Have ‘Hard Money Like Gold and Bitcoin' Amid 'Pending Debt Money Problem': Report

Billionaire investor Ray Dalio thinks macroeconomic trends make gold and Bitcoin (BTC) attractive investment options right now. In a speech in the United Arab Emirates this week, the Bridgewater Associates founder pointed to debt levels in the US, China and all other major economies except for Germany, the South China Morning Post (SCMP) reports.

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