Ethereum had an underwhelming 2024, underperforming against Bitcoin and many top altcoins throughout the year. While BTC soared to new all-time highs, ETH struggled to reclaim its bullish momentum, leaving investors questioning its position in the market.
This week's Crypto Biz explores Bitcoin's landmark year, Crypto.com's new custody service, Russia's partial ban on crypto mining and taxes on staking rewards in the US.
According to Polymarket's latest betting activity, participants are showing a modest 30% confidence in bitcoin (BTC) reaching the $100,000 mark by the end of the year. However, in a twist, another wager on the platform indicates a 21% belief that bitcoin could leap to $150,000 by March 31, 2025.
The founder of investment firm Morgan Creek Capital is identifying what could serve as a huge catalyst for Bitcoin (BTC) and the overall crypto market in 2025.
Bitcoin exchange-traded funds (ETFs) in the United States have experienced a significant recovery, attracting $475 million in inflows, reversing a recent trend of withdrawals. This influx marks a promising rebound for Bitcoin ETFs, following a period of outflows that had seen more than $1.5 billion leave the funds.
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Bitcoin has recently shown impressive resilience despite the expiration of $14.2 billion in options in December 2024. However, a significant correction followed, causing BTC to drop to $93,000!
The spot ether exchange-traded fund (ETF) launched by the world's largest asset manager earlier this year now holds a substantial trove of ETH, having recently surpassed one million tokens. According to data from BlackRock's website and the Ethereum blockchain — first spotted by Arkham Intelligence — the iShares Ethereum Trust ETF (ETHA) fund now holds 1.
To qualify, companies need to maintain a minimum of 1,000 BTC in their corporate treasury and satisfy certain market requirements.
Bitcoin‘s potential for a significant upside move in the short term continues to gain traction as a positive price trend emerges on its daily chart. With upward momentum currently building, the much-anticipated next move will put the digital asset back above the pivotal $100,000 mark.
Mike Novogratz's Galaxy has predicted that the price of Ethereum (ETH), the leading altcoin, will be trading above $5,500 in 2025.
According to several high-profile Bitcoin analysts, the price of BTC may crash to $60,000 in the coming months. Bitcoin's momentum has stalled recently, and its recent major gains may prove fragile.
Cryptocurrency markets are trading down on Friday, with Bitcoin falling below the $95,000 mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,485.63 -1.2% Ethereum (CRYPTO: ETH) $3,358.23 +0.7% Solana (CRYPTO: SOL) $186.67 -1.3% XRP (CRYPTO: XRP) $2.17 +0.5% Dogecoin (CRYPTO: DOGE) $0.3144 +0.1% Shiba Inu (CRYPTO: SHIB) $0.00002185 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 31.6% and daily active addresses falling by 0.04%.
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has made a bold prediction about Bitcoin price. He forecasts that Bitcoin will reach $350,000 by 2025, urging investors to prioritize self-custody over institutional ETFs.
Robert Kiyosaki predicts Bitcoin will hit $350,000 by 2025, citing its 130% growth this year and rising institutional interest. BlackRock's Bitcoin ETF saw a record $188.7M outflow and concerns about price manipulation.
Hemi Labs CEO Jeff Garzik sheds light on Hemi's "proof of proof" security model and his vision for a multi-chain future.
Historical data shows that the Ethereum price could enjoy huge gains in the first quarter of 2025. Based on this data, crypto analyst Kaduna predicted that the second-largest crypto by market cap could usher in the altcoin season at the start of the new year.
Ethereum NFT trading volume surged to $186 million last week, a 67% increase from the previous week.
Bitwise CEO Hunter Horsley predicts 2025 will be a significant year for corporate Bitcoin adoption. Bitwise is launching an ETF focused on companies holding over 1,000 BTC, with weightings based on Bitcoin reserves.
Some quick thoughts on the book Debt: The First 5000 Years by David Graeber, and a non-Austrian view of the history of money.
The OI continued to meander sideways over the past week, a strong hint that market participants were sidelined.
As the global race for Bitcoin (CRYPTO: BTC) adoption intensifies, Anthony Pompliano, founder and CEO of Professional Capital Management, has issued a stark warning: if the United States does not prioritize Bitcoin, it risks falling behind as other nations take the lead. What Happened: In an interview with Fox Business on Thursday, Pompliano emphasized that various countries are already actively mining, buying and holding Bitcoin, and that the U.S. needs to get in the game to remain competitive in the global digital economy.
Bitcoin, clocking in at $94,504 with a market cap of $1.87 trillion, witnessed a 24-hour trading session of around $53 billion, bouncing between $93,368 and $97,133 over the past day.
BTCS has stopped its StakeSeeker platform to place more priority on areas where it can succeed, focusing on Ethereum blockchain growth.
The National Bank of Cambodia (NBC) is now allowing commercial banks and payment institutions to use certain “Class 1” assets like stablecoins, especially those backed by substantial fiat assets. However, the country has still banned Bitcoin.
The altcoin season could be closer than ever, as the Bitcoin Dominance has entered a historically favorable phase for alternative digital assets. According to a crypto analyst, the altcoin season has officially entered the 140-day Golden Window, a period marked by significant growth for altcoins.
Bitcoin's repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
As the Bitcoin price displays sluggish price action for over a week and the popular altcoins also follow the same trend, other cryptos are gaining traction. Bitget wallet, formerly known as BitKeep, is one of the world's largest non-custodial multi-chain crypto wallets.
The Ethereum (ETH) price is on the back foot on Friday, the final trading day of the year in traditional financial markets, and is threatening a break back below $3,300. The post Ethereum Price Set to Dip to $3,000 – Buy the Dip? appeared first on Cryptonews.
Within the past month, the South Korean parliament has impeached its president and will soon do the same to its prime minister.
Bitcoin's Kimchi Premium is on fire, hitting levels not seen in months. This metric, tracking the price gap between Bitcoin on South Korea's Upbit exchange and Coinbase, has jumped to 3-5%, according to data from CryptoQuant.
Ethereum (ETH) price has remained below expectations in December, disappointing many who anticipated it would hold above $4,000. Despite this, ETH has managed to gain nearly 6% over the last seven days, showing some signs of resilience.
Energy management platform KULR Technology is debuting its Bitcoin (BTC) treasury strategy with the acquisition of $21 million worth of the flagship crypto asset. In a new statement, the company says it bought 217.18 BTC at an average price of $96,556.53 per Bitcoin. The asset is currently trading for $95,737.
Bitcoin is on the brink of experiencing its largest options expiry in history, with a staggering $15 billion worth of options set to expire tomorrow. This significant event has caught the attention of traders, analysts, and market participants, as the outcome could have a profound impact on Bitcoin's price and market dynamics in the short term.
Robert Kiyosaki, the Rich Dad Poor Dad author recently took to X and noted Larry Fink dumping Bitcoin. He also noted that Vivek Ramaswamy criticised Fink and BlackRock, calling them “Shareholder Capitalists” and likening them to Marxists, similar to Klaus Schwab's philosophy of “owning nothing and being happy.” Larry Fink dumping Bitcoin.
Ethereum (ETH) has been showing promising signs of a potential rally, with its price bouncing back to $3,375 after a recent dip of over 15%. Despite the recent pullback, Ethereum is well-positioned to surge toward $5,232, driven by multiple bullish indicators.
Saylor is convinced that bitcoin is capital, not currency, and would like to see the whole world adopt the U.S. dollar as money instead.
Bitcoin (CRYPTO: BTC) is trading down 1.6% to $94,300 on Friday as the crypto community awaits the return of more liquid trading sessions at the start of 2025. What Happened: With Bitcoin prices dropping, crypto trader Altcoin Sherpa predicts “some weird price action” over the upcoming few weeks ,"with despair followed by an absolute moon mission and killer alt season.
Bitcoin has found itself in a challenging position, struggling to reclaim the coveted $100,000 mark after a rapid shift in market sentiment. Just weeks ago, optimism dominated the landscape, with prices surging toward new heights.
Founder of Cardone Capital Grant Cardone believes President-elect Donald Trump will promote Bitcoin as a vital tool for preserving US global dominance.
From inflation spikes to geopolitical tensions, Bitcoin's journey has been turbulent, but it's built the momentum needed for 2025.
The United States Bitcoin ETF market saw a festive turnaround on Dec. 26, as $475 million in inflows ended a four-day streak of $1.5 billion in losses. Fidelity, ARK, and BlackRock led the recovery, signaling renewed investor interest post-Christmas.
Today is a big day in the world of institutional cryptocurrency investing. BlackRock, through its Ethereum-focused ETF, now owns a whopping $3.5 billion worth of ETH, or 993,591.95 ETH, which is 0.12% of the total supply of Ethereum (ETH).
Bitcoin (BTC) saw explosive momentum starting in early November. By December 4, the leading cryptocurrency reached a new all-time high — closing above $100,000 for the first time in history.
The Bitcoin market has been a lot of back and forth during the week, as the markets are dealing with lowered liquidity, and the holidays overall. More importantly in this market though, is the fact that there are a lot of gains to digest.
Some coins have returned to the green zone today, according to CoinMarketCap.
Solana-based meme coins, including Pudgy Penguins (PENGU), Fartcoin, and Gigachad, have experienced massive growth in 2024, with gains ranging from 600% to 1800%.
On Friday, as the weekend looms, bitcoin (BTC) is holding its ground at $96,751 per coin. Over at Coinbase, a curious twist has appeared over the past 11 days with a negative premium gap of $122, while South Korea is displaying a premium of 3.3% on bitcoin's price.