The spot bitcoin ETFs in the U.S. saw a record daily outflows of $680 million on Thursday as bitcoin dipped below the $100,000 level.

El Salvador has improved its national Bitcoin reserve by adding 11 Bitcoins for $1 million.

BTC's price tumbled hard after Powell's words on Wednesday evening.

Amidst the multiple warnings from the International Monetary Fund (IMF) to limit its Bitcoin purchases, El Salvador, the first country to adopt Bitcoin as legal tender, shows no signs of slowing down. Recently, El Salvador's Bitcoin Office announced the addition of $1 million worth of Bitcoin to its Strategic Bitcoin Reserve.

The historic outflows from US Bitcoin ETFs highlight growing investor uncertainty and could signal increased volatility in crypto markets. The post US Bitcoin ETFs see historic outflow as brutal sell-off shakes crypto markets appeared first on Crypto Briefing.

Before yesterday's plunge, Bitcoin recent rally was able to propel the asset to a new all-time high of $108,000, marking another significant milestone in its upward trajectory. However, according to latest analysis, this notable price surge is accompanied by signs of potential market volatility, as long-term holders begin to exhibit selling activity.

Data shows a large amount of liquidations have piled up on cryptocurrency exchanges during the past day as Bitcoin and the altcoins have crashed.

The crypto market will witness $2.62 billion in Bitcoin and Ethereum options contracts expire today. This massive expiration could affect short-term price action, especially as both assets have recently declined.

Cathie Wood, the founder of Ark Investment Management LLC, predicts a surge in mergers and acquisitions after President-elect Donald Trump defeats Vice President Kamala Harris in the 2024 election. What Happened: “M&A has been prevented by the FTC.

El Salvador purchased 11 Bitcoin only a day after reaching a $1.4 million IMF loan deal that called to reduce public sector engagement in “Bitcoin-related economic activities.”

A key contrary indicator is flashing green offering hope to BTC bulls anticipating a renewed upswing into six figures.

Bitcoin achieved a historic milestone on December 18, 2024, surpassing its previous all-time high and reaching a peak of $108,364. The price surge marked a momentous event for the cryptocurrency, creating optimism in the market as investors anticipated the possibility of further gains.

In a notable development for Donald Trump's crypto initiative, World Liberty Financial (WL), has reportedly exchanged approximately $10 million worth of wrapped Bitcoin (WBTC) for tokens associated with project adviser Justin Sun, founder of the TRON blockchain. World Liberty Financial Links With Justin Sun In Major Token Swap According to blockchain data analytics firm Nansen, a digital wallet linked to President-elect's World Liberty Financial swapped its entire holding of 103 cbBTC tokens for WBTC on a Wednesday operation.

El Salvador made full use of the market drop Thursday by buying as many as 11 Bitcoins (CRYPTO: BTC), worth over a million dollars, for its reserve. What happened: According to the National Bitcoin Office, an agency tasked by President Nayib Bukele to oversee all things related to the leading cryptocurrency, the Central American nation upped its daily purchase tally to 11, 10 more than the one Bitcoin per day policy.

Metaplanet, a Japanese Tokyo-listed company, is taking a major step to increase its Bitcoin reserves by issuing 5 billion yen (about $33.3 million) in ordinary bonds. These bonds paid on December 20th will mature on June 16, 2025, giving the company ample time to carry out its Bitcoin purchasing plan.

The cryptocurrency market experienced a bearish spell today. Bitcoin (BTC) slipped below the $98,000 mark, marking a 3% drop in the last 24 hours. Major altcoins like Ethereum (ETH) and Solana (SOL) also declined by 3% to 5%, contributing to the broader market's downturn.

Blockstream CEO and Hashcash inventor Adam Back has come to the defense of BlackRock after the company's recent Bitcoin ad triggered an outrage across the crypto community. It featured a small but explosive disclaimer: “There is no guarantee that Bitcoin's 21 million supply cap will not be changed.

Metaplanet, a Tokyo Stock Exchange-listed company, has issued ¥5 billion ($31.8 million) in zero-interest bonds to fund its Bitcoin acquisition strategy.

El Salvador pledged to expand Bitcoin purchases despite an IMF deal urging reduced crypto exposure. The post El Salvador Plans to Continue Bitcoin Purchases Despite IMF Concerns appeared first on Cryptonews.

The program is set to be presented to the IMF Board for approval by early February, provided the prior actions are fulfilled as agreed.

Cryptocurrency prices have taken a significant hit, with Bitcoin, Ethereum, XRP, Dogecoin and Solana all suffering major losses.

Craig Wright, the Australian computer scientist who falsely claimed to be Bitcoin's creator, Satoshi Nakamoto, has been sentenced to 12 months in jail, suspended for two years.

BlackRock's advert has since received a backlash from crypto holders due to a disclaimer that questions cryptocurrency's fixed supply.

Hyperliquid, a decentralized layer-1 blockchain specializing in trading, is set to list Solv Protocol's native token, SOLV.

MARA and Hut 8, two major publicly traded Bitcoin mining firms, announced significant Bitcoin acquisitions on Dec. 19, 2024.

BlackRock Bitcoin ad included a controversial disclaimer suggesting that the 21 million BTC supply cap might be changed.

XRP price remained stable above the $2.20 support zone. The price is consolidating and might aim for a fresh increase above the $2.40 resistance.

Crypto prices today are showing bearish momentum as Bitcoin (BTC) fell below $96,000. BTC and ETH ETFs have also seen outflows after a long positive streak.

Major North American Bitcoin (BTC) mining company Hut 8 has further expanded its BTC holdings with a $100 million acquisition. This latest purchase has pushed the company's total reserves to over 10,096 BTC, valued at more than $1 billion at current market prices.

Bitcoin [BTC] remains bullish and could surpass $200,000 in the near future as the coin is mirroring a previous pattern on charts.

Securities exchange NYSE Arca has also expressed interest in listing a Grayscale crypto index ETF holding a diverse basket of spot crypto but has yet to receive approval.

El Salvador continues to accumulate Bitcoin, with 6,203 Bitcoins currently valued at $554 million.

El Salvador adapts Bitcoin policy under a $1.4B IMF deal, limiting government crypto use but maintaining 6,000 BTC reserves. Explore its impact on Bitcoin prices. The post Bitcoin Price Drops Below $100K: El Salvador's $1.4B IMF Deal and 6,000 BTC Reserves appeared first on Cryptonews.

The SEC just made history in the crypto world by approving two first-of-their-kind ETFs: the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. These aren't your typical crypto investments.

SEC faces pressure to clarify Hinman speech's status amid Ripple appeal. Learn how this impacts crypto regulations and XRP sentiment.

Bitcoin price extended losses and traded below the $100,000 zone. BTC is struggling and might continue to move down toward the $92,000 support zone.

The Human Rights Foundation (HRF) has, in a recent press release, announced that it will be granting a grant total of 7 BTC to 20 different projects around the world. The funding is part of the orgainzation's most recent round of Bitcoin Development Fund grants.

Craig Wright received a one-year suspended prison sentence for breaching a court order after filing a $1.2 trillion lawsuit against Block.

The United States Securities and Exchange Commission (SEC) has approved dual cryptocurrency ETFs from Franklin Templeton and Hashdex. This marks a major step toward integrating Bitcoin and Ethereum into traditional financial markets through regulated investment products.

Jerome Powell, chair of the US Federal Reserve, recently dismissed speculations that the Fed may add Bitcoin to its reserves. At the end of the its two-day meeting, Powell stated that the Fed isn't allowed to own Bitcoin and doesn't desire to get involved in any government initiative to create a stockpile of digital assets.

Bitcoin's recent climb to an all-time high of $108,000 has captivated investors, driven by a combination of dwindling exchange reserves and growing demand. With institutional investors increasingly opting to hold their Bitcoin off exchanges, supply constraints are tightening, setting the stage for potentially even greater price milestones.

The SEC has approved combined Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton. This move expands combined institutional access to the two largest cryptocurrencies via spot-based investment vehicles.

Bitcoin's path to $200,000 in 2025 is fueled by ETFs, institutional demand, and macroeconomic shifts, with analysts warning of volatility amid transformative growth.

Bitcoin has experienced significant price movements in the past few days, largely influenced by macroeconomic developments and market fundamentals. Following the Federal Open Market Committee (FOMC) meeting and a speech by Federal Reserve Chair Jerome Powell, Bitcoin's price dropped sharply below $99,000.

El Salvador has successfully secured a $1.4 billion loan from the International Monetary Fund (IMF), finalizing a deal that had been under negotiation for four years. This loan agreement is part of a 40-month program designed to stabilize the country's economy and improve its fiscal health.

Bitcoin has always stood out in the financial world due to its hard-capped supply of 21 million coins. This finite limit is seen as the cornerstone of its value, offering a sharp contrast to traditional currencies that can be printed at will.

Bitcoin's recent price correction has sparked debates among analysts and investors about its potential trajectory. After briefly retesting $99,000, Bitcoin's price momentum has slowed, raising questions about whether this signals the start of a larger sell-off or a temporary pause in its uptrend.

El Salvador has sealed a $1.4 billion loan deal with the IMF, but it came at a cost. The country is now scaling back its Bitcoin-friendly policies, marking a major shift in its crypto strategy.