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news-imageDecember 26, 2024

Bitcoin Hedge Funds Get Green Light In Israel: 6 Investment Houses Ready To Launch Before New Year

Israel's securities regulator granted approval for six investment houses to launch hedge funds tracking Bitcoin's (CRYPTO: BTC) price on New Year's Eve, local media reported Wednesday. What Happened: The funds are all set to launch on Dec. 31, the last trading day of the year, after getting the regulatory go-ahead from the Israel Securities Authority, according to financial news platform Calcalist and Globes.
Publisher: Benzinga
Sentiment: Positive
BTC

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Positive
cover-imageThe Currency Analytics
December 26, 2024

Bitcoin Under $100k: Bullish Momentum Ahead

Bitcoin's price movements are often unpredictable, and investors and traders constantly attempt to time the market perfectly. However, market sentiment plays a crucial role in determining the price, and many indicators are lagging, meaning they reflect past movements rather than predict future trends.

Neutral
cover-imageBenzinga
December 26, 2024

Are Donald Trump's Ambitious Bitcoin Goals Feasible?

Donald Trump‘s campaign promise to bring all Bitcoin (CRYPTO: BTC) mining operations back to the United States faces considerable obstacles, despite his newfound support for the cryptocurrency industry. This pledge, made following discussions with leaders in the crypto mining field, symbolizes Trump's shift from a skeptic to a champion of digital assets.

Positive
cover-imageThe Currency Analytics
December 26, 2024

Thailand Explores Bitcoin Pilot Project in Phuket to Boost Tourism

Thailand is exploring the possibility of discovered a Bitcoin pilot project in Phuket, an initiative proposed by former Prime Minister Thaksin Shinawatra. The goal is to transform Phuket into a cryptocurrency sandbox, where Bitcoin payments could be tested in a controlled environment, with the aim of boosting tourism and positioning Thailand as a leader in digital innovation.

Positive
cover-imageBenzinga
December 26, 2024

Bitcoin Investors Should Be Optimistic Ahead Of 2025: Here's Why

Bitcoin (CRYPTO: BTC) is navigating a period of guarded optimism, according to a new report from Messari, buoyed by institutional inflows into newly approved ETFs and the promises made by the new presidential administration. What Happened: The report suggests that Bitcoin's future trajectory depends on whether the administration can convert campaign rhetoric into tangible policy outcomes.

Negative
cover-imageCoingape
December 26, 2024

Why Bitcoin Price Is Falling Today: Is $80K Next?

The recent dip in Bitcoin price has sparked concerns among investors while triggering massive selling pressure in the broader crypto market. In addition, the recent market developments also hint towards a further dip, with many predicting a potential slip to $80K or even below.

Positive
cover-imageCoinPedia
December 26, 2024

KULR Technology Purchases $21 Million in Bitcoin

In the latest development today, KULR Technology Group, a leader in advanced energy management platforms, has announced that it has completed the purchase of 217.18 Bitcoins. As per its official press release, the purchase was made for approximately $21 million, at an average price of $96,556.53 per BTC.

Positive
cover-imageCoinPedia
December 26, 2024

Why Bitcoin Corporate Adoption Is Rising?

With Bitcoin gaining recognition and adoption worldwide companies aren't just watching anymore. They're jumping in and adding the crypto to their books. Businesses are using Bitcoin as part of their financial strategy. You might think why Bitcoin corporate adoption is rising? Well, they believe it's more than just a currency.

Positive
cover-imageCrypto Economy
December 26, 2024

Whale Activity Shapes Bitcoin's Future as Retail Steps Aside

TL;DT Ki Young Ju stated that the current Bitcoin market does not represent a speculative bubble, but rather an upward trend supported by on-chain data. Ju emphasized the prominence of whales in the market, while retail investors gradually withdraw, transforming the dynamics of accumulation and prices.

Negative
cover-imageCrypto Economy
December 26, 2024

Spot Bitcoin ETFs Record Largest Outflows Amid BTC Price Drop

TL;DR Bitcoin ETFs experience historic outflows of more than $1.5 billion in just four days. MicroStrategy and other major companies continue to accumulate Bitcoin despite the drop in investment funds. Bitcoin miners and companies like Tesla maintain their acquisition strategies in a volatile market. The Bitcoin exchange-traded funds (ETFs) approved by the U.S.

Negative
cover-imageBenzinga
December 26, 2024

Bitcoin Drops 3% To $95,500: What Is Going On?

Bitcoin (CRYPTO: BTC) is trading around $95,500, down 3.4% over the past 24 hours, as on-chain data and whale activity suggest predictions of an imminent bear market lack substantial evidence. What Happened: Ki Young Ju, founder of CryptoQuant, pointed out in a post on X on Dec. 26 that whale accumulation, once market-moving news, has now become a routine phenomenon.

Positive
cover-imageCoingape
December 26, 2024

Just-In: KULR Buys $21M In BTC Amid Bitcoin Treasury Launch

American energy management company KULR Technology Group Inc. (NYSE American: KULR) on Thursday caused a market stir, revealing that it purchased 217.18 BTC for $21 million. The decision to accumulate the crypto amid the recent market volatility comes falling in line with the firm's Bitcoin Treasury strategy launched earlier this month.

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