The International Monetary Fund (IMF) has agreed to issue a $1.4 billion loan facility to the government of El Salvador, but there are some strings attached related to the Central American country's Bitcoin (BTC) and crypto adoption policies.
TL;DR Bedrock launches brBTC, a liquid restaking token marking the beginning of BTCFi 2.0, focused on maximizing returns and overcoming Bitcoin's DeFi limitations. BTCFi 2.0 introduces greater cohesion, Layer-2 security, and diversified strategies, integrating Bitcoin into real-world economic applications globally.
Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin (wBTC) as the crypto king crashes below six figures.
Crypto prices fell sharply following the Fed's economic outlook, with major coins down significantly amid a broader market correction.
Bitcoin's (CRYPTO: BTC) sell-off on Friday saw prices dip below $93,000, but Bitwise CIO Matt Hougan argues that the current pullback is a “hiccup” rather than a trend reversal. Hougan sees strong underlying factors including regulatory tailwinds, institutional adoption and Bitcoin purchases by governments as structurally bullish factors for Bitcoin.
Bitcoin's recent performance has reignited interest among investors and analysts, drawing parallels with historical market cycles. Blockchain analytics firm Glassnode reports that Bitcoin's current trajectory resembles previous cycles, including 2015-2018 and 2018-2021, even as the cryptocurrency adapts to changing market dynamics.
On Friday afternoon, crypto markets appeared to catch their breath, though traders remained on edge, bracing for bitcoin's next twist. At press time, BTC was trading at $96,800 to $97,150 per coin, while the broader crypto economy stood at $3.34 trillion—down 2.7% after some recovery.
TL;DR Solana has recorded growth of over 2,100% in the past two years, establishing itself as one of the most prominent cryptocurrencies in the market. Since 2022, SOL has outperformed Bitcoin and Ethereum in terms of capital inflows, accumulating more than $55 billion in net liquidity.
A widely followed crypto analyst is suddenly turning bullish on one Ethereum (ETH)-based altcoin after its correction this week. In a new thread on the social media platform X, crypto trader Justin Bennett tells 115,500 followers that CRV, the native token of stablecoin lending platform CurveDAO, could soar more than 600% from its current value.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Ark Invest CEO Cathy Woods explains why she remains extremely bullish long term.
Strong price performance and staking could propel Ether ETF inflows in 2025, analysts say.
A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.
Bitcoin's supply dynamics are shifting dramatically, with demand surging and available sell-side inventory shrinking to its lowest levels in over four years, according to research from Cryptoquant and its analysts.
Quantum BioPharma Ltd., a Nasdaq-listed biotech and medical research company, has purchased $1 million in Bitcoin and other cryptocurrencies as part of a strategic move approved by its board of directors.
Binance Futures has announced the launch of new USD-margined perpetual contracts, including Solana's Fartcoin (FARTCOIN), with leverage up to 75x. The contracts were introduced on December 20, 2024, providing traders with expanded options to engage in high-leverage trading on the Binance platform.
Solana surged 200% to $216 in 2024, while USDT's role in DeFi and real-world assets signals further growth ahead. The post BTC went viral in 2024.
World Liberty Financial (WLFI), the latest venture by incoming US President Donald Trump, has generated a lot of interest in the cryptocurrency space. WLFI has been working on strategic projects in the field of decentralized finance.
The crypto market started off with mixed signals, with Bitcoin leading the altcoins following the launch of the spot BTC ETFs. However, the rest of the year proved to be rather bleak until Q4.
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Ethereum (ETH) is experiencing heightened volatility as large whale activity causes a significant sell-off, driving the price to a weekly low. Ethereum whales, holding between 1,000 and 10,000 ETH, sold off 60,000 ETH worth over $200 million on December 18th.
Over 20 on-chin metrics and indicators suggest that BTC is not done with this bull run yet and still has the potential to reach unprecedented highs.
Cryptocurrencies rebounded this morning after sustaining heavy losses this week following the Federal Reserve's final meeting of the year on Wednesday. The meeting included a cut of 25 basis points in interest rates and more hawkish rhetoric from Fed chair Jerome Powell that seemed to catch investors off guard.
Metaplanet, a Japanese investment firm, has issued more debt to buy Bitcoin despite apparent pushback from shareholders this week.
The company announced the acquisition of $1 million in Bitcoin and other cryptocurrencies on Dec. 20, triggering a 10% drop in its stock.
Total assets under management across all Ethereum ETF products currently stand at approximately $11 billion.
The crypto market has been marked by a historic event: Bitcoin exchange-traded funds (ETFs) recorded a net outflow of $671.9 million in a single day. This event represents the largest fund outflow ever recorded for these financial instruments, highlighting a complex and changing dynamic in the cryptocurrency investment landscape.
The SEC approved the first-ever hybrid Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton, broadening institutional crypto access.
Bitcoin is under intense bearish pressure as it struggles to reclaim the $99,575 mark, a key resistance level that has proven to be a significant hurdle. After an impressive rally earlier in the month, BTC's momentum has slowed, with sellers taking control and keeping the cryptocurrency in a tight range below this critical threshold.
The Ethereum price is down over 6% in the last 24 hours, dropping to as low as $3,120 during this period. This price drop is due to several factors, including the Fed's hawkish stance, which paints a bearish picture, not just for ETH but also for the broader crypto market.
Bitcoin's recent price drop from $99,000 has raised questions among investors and analysts about the cryptocurrency's next move. As BTC hovers around $96,000, many are speculating whether the dip signals a larger sell-off or merely a temporary pause before a bullish recovery.
Horizen price spiked more than 60% in 24 hours as the cryptocurrency market looked to recover from a massive dump that saw top altcoins crash to key support levels. On Dec.
Cardano's price increased in November but its price soon reduced, losing some of its gains. ADA now trades close to the $1 mark. Similarly, Solana's price has been on a downtrend. It has fallen to $216, delaying its rally to $300.
TL;DR More than $2.6 billion in Bitcoin and Ethereum options expire today, which could generate significant volatility in the prices of both cryptocurrencies and altcoins. Bitcoin accounts for $2.02 billion of the expirations, while Ethereum represents $598.99 million.
Nic Carter lays out his arguments against a Bitcoin Strategic Reserve.
France's banking giant, Groupe BPCE, is reportedly set to roll out Bitcoin investment services for its massive customer base of 35 million. This is done through Hexarq, BPCE's crypto-focused subsidiary, with a fully licensed operation backed by France's financial regulator, the Autorité des marchés financiers (AMF).
The excitement of the Bitcoin (BTC) bull run, coupled with the holidays, has many individuals looking for the perfect “crypto-themed” gifts to give to their loved ones. The post Five Unique Holiday Gifts For Bitcoin and Crypto Enthusiasts appeared first on Cryptonews.
El Salvador bought 11 BTC, increasing its reserves to 5,980 BTC, worth around $580 million. The IMF deal requires scaling back government Bitcoin activities, including shutting down the Chivo wallet.
Social media mentions of ‘buy the dip' hit an 8-month high as Bitcoin dropped below $100K. The social dominance score reached its highest level since April 12, 2024.
Ark Invest CEO Cathie Wood reiterated her bullish outlook on Bitcoin (BTC), predicting that it will soar past $1 million by the end of the decade. She made the prediction during a Bloomberg Markets interview, in which she attributed Bitcoin's rising value to its finite supply of 21 million coins and growing institutional interest.
Michael Saylor, Chairman of MicroStrategy business intelligence firm, dropped his usual post on X. The message reflects Saylor's bullish disposition to Bitcoin (BTC) regardless of market dynamics.
BPCE enables BTC and crypto purchases via its subsidiary Hexarq.
Bitcoin (BTC) is facing a bearish short-term indication, with a "death cross" appearing on its hourly chart. Bitcoin's 50-hour moving average has markedly fallen below the 200-hour moving average, confirming a "death cross.
A US court of appeals has announced further dates for the XRP lawsuit, as per the notice of appeal filing in the district court. Notably, the opening brief will be filed on March 6 next year, whereas and Ripple Labs, XRP II and CEO Brad Garlinghouse will file their reply to the appellant's principal brief
Amid the ongoing cryptocurrency market downturn, World Liberty Financial (WLFI), a decentralized finance project associated with President-elect Donald Trump, has increased its Ethereum (ETH) holdings. Recent data from Etherscan reveals that the project has acquired over 1,481 ETH in a single day, continuing its strategy of buying during market dips.
Crypto markets barreled downwards on Friday, Dec. 20, driven by Bitcoin's drop below $100,000, a broad spot price dip, and a funding flush
Looking at the current situation on the cryptocurrency market, one can wonder how everything was "blooming and smelling" three days ago. Back then, Bitcoin (BTC) was trading above $108,000, Ethereum was valued at an arm's length away from $4,000 and Solana failed to collapse 34% from its all-time high.
TL;DR The SEC approves the first hybrid ETFs combining Bitcoin and Ethereum, a significant step towards integrating cryptocurrencies with traditional markets. The funds, Hashdex Nasdaq Crypto Index US and Franklin Crypto Index, will have an approximate distribution of 80% Bitcoin and 20% Ethereum.