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news-imageDecember 12, 2024

Bitcoin Hits $100K Again – But a Crash to $60K Might Be Next

Bitcoin is back at $100K after dropping to $94K, but concerns are growing as BTC faces strong resistance at $104K. Will the bullrun continue, or is a major crash coming in January?
Publisher: CryptoTicker
Sentiment: Neutral
BTC

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Positive
cover-imageBitcoin
December 12, 2024

Crypto ETFs Keep Winning: Bitcoin Pulls in $223M, Ether Joins with $102M Boost

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.

Neutral
cover-imageUToday
December 12, 2024

Bitcoin Safe From Quantum Computers, Says Craig Wright

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.

Neutral
cover-imageBenzinga
December 12, 2024

Jeff Bezos Had More Money Than All Bitcoins Put Together Just 4 Years Ago, This Was The Moment When It Changed

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.

Neutral
cover-imageUToday
December 12, 2024

Bitcoin Still Early: Adam Back

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.

Positive
cover-imageBitcoin
December 12, 2024

Bitcoin and Ethereum ETFs See Extended Inflow Streaks

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.

Negative
cover-imageCoinPedia
December 12, 2024

Bitcoin ATM Operator Byte Federal Reports Data Breach Affecting 58,000 Customers

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.

Positive
cover-imageAltcoin Buzz
December 12, 2024

Vancouver Mayor Proposes Bitcoin Adoption Against Inflation

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.

Positive
cover-imageCrypto Economy
December 12, 2024

Breaking Down Bitcoin's $100K Milestone: Miners, Transactions, and Ownership Trends

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.

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