A crypto strategist who nailed the pre-halving Bitcoin correction earlier this year is warning that BTC may head lower as resistance continues to strengthen.

The Israel Securities Authority (ISA) just approved six Bitcoin mutual funds, all set to roll out on December 31. This is the first time Israeli investors will have access to Bitcoin-focused mutual funds.

The world's largest crypto exchange has backed a pilot scheme to introduce crypto payments for a tourist center in Thailand.

Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.

CryptoQuant CEO Ki Young Ju believes the US could feasibly offset a portion of its national debt by establishing a strategic Bitcoin (BTC) reserve, a move he describes as practical but politically challenging. Ki shared the analysis in a social media post on Dec.

Bitcoins current slump is expected to reverse as analysts eye a post-holiday rally above $105,000. Liquidity returning to markets and strong buyer signals are seen as key drivers, though resistance from ETF outflows could limit short-term gains.

The decline in Runes activity coincides with broader market dynamics and shifting investor focus.

The Finance Minister of Russia has reportedly confirmed that many companies in the country are now using Bitcoin (BTC) to engage in foreign trade and skirt Western sanctions.

Bitcoin is at the center of Russias evolving trade strategy as the country seeks to counter sanctions and reduce dependency on traditional assets. Finance Minister Anton Siluanov confirmed active cryptocurrency transactions, signaling an ambitious shift expected to expand in 2024.

Russia is increasing its use of Bitcoin and digital financial assets in international trade, as confirmed by Finance Minister Anton Siluanov, who cited new legislation allowing cryptocurrencies to facilitate foreign payments amid ongoing Western sanctions. The post Russia Expands Use of Bitcoin in Foreign Trade, Says Finance Minister appeared first on Cryptonews.

The speculations over a potential AVAX price rally soared as Avalanche founder Emin Gun Sirer drew parallels to Bitcoin's capped 21 million supply. Highlighting AVAX's maximum supply of 715.74 million and its deflationary mechanism of burning transaction fees, Sirer contrasts it with Ethereum's uncapped supply.

As Bitcoin stays below $100,000, attention is shifting to altcoins, with many expecting an altseason rally soon. VanEck analysts say “altcoin season” has started.

MicroStrategy, one of the pioneers of institutional investment in bitcoin, once again pushes the boundaries with a spectacular initiative: raising 42 billion dollars to strengthen its position in the crypto market. This bold plan, dubbed 21/21, marks a decisive step in its long-term strategy.

Russia is actively using Bitcoin and other cryptocurrencies to counteract the impact of Western sanctions on its economy, Reuters reported on Dec. 25. The report cited Finance Minister Anton Siluanov, who recently stated that Russian companies have begun to utilize digital currencies, particularly Bitcoin mined within the country, for international transactions.

Will Powell's resistance to Bitcoin reserves dampen Trump's vision?

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On Christmas Eve, the 12 spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $338.38 million, while the nine spot ether ETFs enjoyed inflows of $53.54 million. Bitcoin ETFs Falter as Ether ETFs Rally in Market Tug-of-War Tuesday marked the fourth consecutive day of losses for the spot bitcoin ETFs, with $338.38 million leaving the sector.

Bitcoin delighted investors with a Christmas Eve surge, climbing from $92,300 to an intraday high of $99,400. The swift rally has reignited bullish sentiment as the price successfully held a critical demand level, signaling strength and positioning BTC to challenge the psychological $100,000 milestone.

The launch of Bitcoin mutual funds in Israel could enhance mainstream adoption and accessibility, potentially influencing global crypto markets. The post Israel to debut Bitcoin mutual funds tracking BlackRock's IBIT and other indices appeared first on Crypto Briefing.

A famous economist recently announced the arrival of the "Santa Claus rally" for Bitcoin, predicting a spectacular price increase by the end of the year. This trend, supported by strong technical backing, could propel BTC to new historical highs, despite some challenges.

The global adoption trend for Bitcoin-related investment products continues to strengthen, with Six new mutual funds set to debut in Israel. According to a report by the Calcalist on Wednesday, Dec.

The approvals come nearly a year after 11 spot Bitcoin ETFs were approved to trade in the United States.

On Dec. 31, Israel's asset managers will launch six mutual funds tracking Bitcoin's price movements.

It's no secret that growth investing mastermind Cathie Wood expects big things from Bitcoin (BTC -0.22%). The Ark Invest fund manager started talking about crypto before she was a household name, and has recently doubled down on her bullish projections again.

Israel is set to introduce six Bitcoin-linked mutual funds on Dec. 31, marking a significant step in the country's crypto investment landscape. local media outlets Calcalist and Globes reported.s The funds were introduced by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI.

Even though the price of Bitcoin has retreated lately from its all-time high of $108K, XRP continues to deliver gains to investors. Analysts believe that the contrasting performance of these two digital assets could be an early indication that the so-called alt-season is getting started.

Celebrate the season with a festive Bitcoin twist! From six-figure highs to institutional FOMO, "A Very Bitcoin Christmas" unwraps the magic of a holiday where hodlers thrive, adoption soars, and Santa's sleigh gets a bullish upgrade.

The crypto industry may have matured this year, but hackers made off with billions by targeting a mix of DeFi projects and exchanges.

Bitcoin is showing remarkable resilience as it holds strong above the $92,000 demand level, reflecting a bullish structure in the face of recent volatility. Yesterday, the leading cryptocurrency surged to $99,400, signaling renewed momentum and increasing optimism among investors.

XRP's recent rally has come to a halt after achieving highs near $3, leaving the market wondering what happens next. Amid the current uncertainty on the crypto market, XRP appears to be consolidating, particularly in its Bitcoin trading pair.

The crypto market is trading in the neutral zone today, according to CoinStats.

According to a Wednesday report by Israeli media outlet Calcalist, six Bitcoin-based mutual funds are on track to start trading in Israel after securing key regulatory approval.

The chief executive of the digital asset analytics firm CryptoQuant thinks a national strategic Bitcoin (BTC) reserve could offset US debt. Ki Young Ju tells his 389,600 followers on the social media platform X that $790 billion in realized capital inflows have ballooned Bitcoin's market cap to $2 trillion over the past 15 years.

Israel will launch six Bitcoin mutual funds on December 31, approved by the Israel Securities Authority.

U.S. spot Bitcoin exchange-traded funds (ETFs) faced significant net outflows on Tuesday, totaling $338.4 million.

Six Bitcoin mutual funds are slated to launch in Israel next week following last week's approval by the Israel Securities Authority (ISA), Israeli newspaper Calcalist allegedly reported Wednesday. The post Israel Launching Six Bitcoin Mutual Funds Next Week: Report appeared first on Cryptonews.

Some analysts underestimated the effect of the bull season and placed BTC below $100,000 at year's end, while others expected the asset to rally well above the price mark.

Israel is getting prepared to welcome six Bitcoin (BTC) mutual funds. This launch will come one week after the Israel Securities Authority (ISA) granted final approval for the products.

MicroStrategy boss Michael Saylor has published a regular daily tweet to endorse the world's flagship cryptocurrency Bitcoin, on which his company has made a big bet, investing billions of U.S. dollars of raised funds this year.

Russian companies have started using Bitcoin and other digital currencies for cross-border payments following new laws enabling such transactions.

Russia's Finance Minister Anton Siluanov has announced that Russian companies have started using Bitcoin and other cryptos for international trade. “Such transactions are already occurring.

U.S. spot Bitcoin ETFs recorded $1.52 billion in outflows over four days. Digital asset investment products saw $308 million in net inflows last week.

Eleven months and thirteen days ago, the U.S. welcomed its first spot bitcoin exchange-traded funds (ETFs) into the fold of traditional finance (tradfi). Since their debut, these ETFs have not only broken records but have also amassed more than a million bitcoins.

Bitcoin needs to reclaim old support to continue next leg up.

Russia has all legal tools to use digital financial assets and Bitcoin in foreign trade, Finance Minister Anton Siluanov said.

The holiday spirit failed to bring any stability to the crypto market, with Bitcoin seeing its price drop from $97,300 on Dec. 22 to $94,800 on Dec. 24. Christmas Day saw a slight recovery, but Bitcoin consolidated back to $98,000 as it met significant resistance above $99,000.

Will historical trends repeat and lift ETH in January and overall Q1 2025?

Russia is shaking things up. Faced with mounting sanctions and struggling trade routes, the country is turning to Bitcoin and other digital currencies. This move isn't just about innovation—it's survival. With sanctions squeezing traditional payment systems, Russia wants to keep trade alive, no matter what.