U.S. spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed a positive momentum on Wednesday. BTC-focused ETFs brought in $223.03 million, while their ETH counterparts saw inflows of $102.03 million. Bitcoin and Ether ETFs Continue to Rally On Wednesday, the 12 U.S. spot bitcoin (BTC) exchange-traded funds (ETFs) collectively attracted $223.
The anticipation of a significant 2025 bull run keeps the cryptocurrency market highly geared up.
Babylon Chain has seen $1.2 billion worth of Bitcoin deposits in 48 hours.
Bitcoin's price prospects look promising after its recent notable upside momentum above the $100,000 pivotal milestone. This prompts a broader bullish outlook for the cryptocurrency asset to surge significantly in the upcoming weeks to unprecedented levels as the market gradually regains its uptrend.
Bitcoin (BTC) price reached the $100,000 milestone for the first time on December 4 and is up 128% in 2024. Despite this strong performance, BTC's ADX of 15.8 suggests the current uptrend lacks significant strength, hinting at limited momentum behind recent price movements.
HTX, a leading global crypto exchange, made its presence as a sponsor at Bitcoin MENA 2024 in Abu Dhabi, held on December 9-10 (UTC).
Bitcoin is expected to bolster Vancouver's finances and act as a hedge against inflation.
Bitcoin (BTC) has been riding a significant wave of bullish momentum recently, with prices hitting new highs. As a result, many long-term Bitcoin holders (LTHs) are taking advantage of this rally by cashing out their holdings, realizing impressive gains of about 326%.
The Kenya National Fire Brigades Association has become the first labor union in the country, and potentially in Africa, to adopt a Bitcoin reserve.
This week was marked by several events in the world, technology and cryptocurrencies, but perhaps the most hyped was the news about Willow, a new quantum chip developed by Google. This computer solved in five minutes a problem that would take the fastest supercomputer 10 septillion years.
Thomas Peterffy advised a 2%-3% Bitcoin allocation and warned that excessive exposure and volatility could endanger portfolios.
AMP's Bitcoin investment signals a shift in super funds' approach, potentially influencing broader institutional adoption despite existing skepticism. The post Australia's big super fund allocates $27 million to Bitcoin: report appeared first on Crypto Briefing.
With Bitcoin ($BTC) still tracking around the $100,000 level, the world is preparing for the next huge stage of Bitcoin adoption. As massive institutions and sovereign countries climb aboard, the adoption curve is about to get a lot steeper.
Byte Federal, a prominent US-based Bitcoin ATM operator with over 1,200 machines nationwide, has suffered a significant data breach, compromising the sensitive information of approximately 58,000 customers. The post Bitcoin ATM Operator Byte Federal Reports Data Breach Affecting 58,000 Users appeared first on Cryptonews.
Only 0.55% of Microsoft shareholders supported investing 1% of assets in Bitcoin, showing strong skepticism. Microsoft's board opposed Bitcoin investments, citing its volatility and prioritizing stable financial strategies.
Huabao Overseas Technology C, a tech company offering Chinese investors indirect exposure to Bitcoin, has reportedly launched an advertisement promoting Bitcoin ETFs. The post Chinese Investors Offered Indirect Bitcoin Access Through Alipay Campaigns appeared first on Cryptonews.
2024 has been a great year for Bitcoin (BTC), doubling its 15-year capitalization and adding hundreds of billions of dollars. Following the institutional investors' leadership, retail is back to Bitcoin as BTC surpasses the $100,000 psychological price resistance.
A widely followed crypto analyst says that Bitcoin (BTC) is unlikely to print the same gains it did during the last market cycle.
The Vancouver City Council has approved a motion to explore the incorporation of Bitcoin into its financial systems.
Jeff Bezos, founder of tech giant Amazon, has amassed enormous wealth over the last few decades, with figures relating to his personal fortune astounding people from time to time. What happened: In one such instance from July 2020, Bezos' wealth swelled to $171 billion, according to a Bloomberg report, which at the time was more than the total value of all Bitcoins (CRYPTO: BTC) in circulation at roughly $170 billion.
Byte Federal, the operator of 1,300 Bitcoin ATMs in the US, has urged its customers to reset login credentials following a massive data breach.
In a recent vote, Microsoft shareholders disapproved a proposal to invest in Bitcoin, with 0.55% of the vote in favor. The decision clearly highlights the reluctance of conventional corporations to include Bitcoin in their reserves, despite the explosive growth of the market in recent months and overwhelming institutional adoption.
The crypto market has gained 3.3% to hit a total market cap of $3.83 trillion, with Bitcoin (BTC) regaining the psychological $100,000 level. Several altcoins are also showing bullish signals, with analysts predicting higher moves for Solana (SOL), Aave (AAVE) and Chainlink (LINK).
Both nations demonstrate that, with thoughtful planning and strong leadership, Bitcoin can be a cornerstone of national economic strategy.
Bitcoin attracts $80 billion monthly, signaling a shift to a stable store of value.
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In 2024, Bitcoin (BTC) recorded triple-digit gains and even breached the long-awaited milestone price of $100,000 in early December.
Sygnum Bank states that institutional inflows will drive Bitcoin's price to new highs in 2025, while altcoin growth depends heavily on supportive US regulatory changes.
Fed expected to cut rates by 25bps, with multiple metrics suggesting BTC could continue surging.
Accumulated consistent inflows over a 13-day period for Bitcoin and Ethereum ETFs signals robust demand. Bitcoin and Ethereum ETFs on a Roll Bitcoin and Ethereum exchange-traded funds (ETFs) have been on a remarkable inflow streak over the past two weeks. This is according to data from Sosovalue which tracks the performance of ETFs. On Dec.
Byte Federal, one of the biggest Bitcoin ATM operators in the U.S., says a data breach exposed sensitive info from 58,000 users. The breach happened on September 30 but wasn't discovered until November 18.
United States-based Bitcoin ATM operator Byte Federal, recently fell victim to a cyberattack, where hackers exploited a vulnerability in GitLab which resulted in a significant data breach that might have exposed sensitive personal details of about 58,000 customers. This incident raises concerns over the ongoing battle against cyber threats targeting financial platforms.
Byte Federal revealed that a data breach compromised the personal information of approximately 58,000 customers. The firm is one of the largest Bitcoin ATM operators in the US.
AMP has made a $27 million investment in Bitcoin, becoming the first major superannuation fund in Australia to enter the crypto market.
Institutional appetite for bitcoin has grown since Donald Trump won the U.S. election back in November.
Ken Sim, Mayor of Vancouver, is making waves with a bold proposal to integrate Bitcoin into the city's financial framework. At a council meeting on Dec. 11, he introduced a motion titled “Preserving the City's Purchasing Power Through Diversification of Financial Reserves—Becoming A Bitcoin Friendly City.
Vancouver city council voted in favour of utilizing Bitcoin to safeguard its reserves. The city staff explore all the options to make Vancouver a Bitcoin-friendly city.
Why are experts sounding alarms as Bitcoin crosses the $100,000 threshold?
The metric is back above $3.8 trillion.
The ETFs have now absorbed more than 2.5% of bitcoin's 19.8 million BTC circulating supply since their January launch.
Riot Platforms completed a $525 million senior note offering with a 0.75% interest rate, netting $511.5 million to fund Bitcoin purchases and operations, while currently holding 12,000 Bitcoin valued at $1.2 billion.
TL;DR Bitcoin crossed the $100,000 mark for the first time on December 5, 2024, briefly pushing its market capitalization above $2 trillion. Miners' daily revenue surged beyond $40 million, with cumulative earnings reaching $71.49 billion, reflecting the network's robust security and economic incentives. Bitcoin's network processed 1.12 billion transactions, settling $131.
Dogecoin, Shiba Inu, and Pepe show mixed signals in technical analysis. DOGE targets $1, SHIB eyes a 50% rebound, and PEPE risks a 40-50% correction after its overheated rally.
Alipay's mainland Chinese users spotted an ad inviting them to invest up to $137 daily in a fund with indirect exposure to a US spot Bitcoin ETF and Coinbase.
Eric Trump predicted Bitcoin will reach $1 million while outlining his father's pro-cryptocurrency agenda at a conference in Abu Dhabi.
Vancouver City Council has approved a proposal to study Bitcoin integration into municipal operations by Q1 2025, despite regulatory challenges and opposition from some officials.
Casa introduces Praetorian, a self-custody solution empowering nation-states to securely manage Bitcoin reserves through decentralized multisignature vaults.