XRP's recent rally has come to a halt after achieving highs near $3, leaving the market wondering what happens next. Amid the current uncertainty on the crypto market, XRP appears to be consolidating, particularly in its Bitcoin trading pair.
The crypto market is trading in the neutral zone today, according to CoinStats.
According to a Wednesday report by Israeli media outlet Calcalist, six Bitcoin-based mutual funds are on track to start trading in Israel after securing key regulatory approval.
The chief executive of the digital asset analytics firm CryptoQuant thinks a national strategic Bitcoin (BTC) reserve could offset US debt. Ki Young Ju tells his 389,600 followers on the social media platform X that $790 billion in realized capital inflows have ballooned Bitcoin's market cap to $2 trillion over the past 15 years.
Israel will launch six Bitcoin mutual funds on December 31, approved by the Israel Securities Authority.
U.S. spot Bitcoin exchange-traded funds (ETFs) faced significant net outflows on Tuesday, totaling $338.4 million.
Some analysts underestimated the effect of the bull season and placed BTC below $100,000 at year's end, while others expected the asset to rally well above the price mark.
MicroStrategy boss Michael Saylor has published a regular daily tweet to endorse the world's flagship cryptocurrency Bitcoin, on which his company has made a big bet, investing billions of U.S. dollars of raised funds this year.
Russian companies have started using Bitcoin and other digital currencies for cross-border payments following new laws enabling such transactions.
Russia's Finance Minister Anton Siluanov has announced that Russian companies have started using Bitcoin and other cryptos for international trade. “Such transactions are already occurring.
U.S. spot Bitcoin ETFs recorded $1.52 billion in outflows over four days. Digital asset investment products saw $308 million in net inflows last week.
Eleven months and thirteen days ago, the U.S. welcomed its first spot bitcoin exchange-traded funds (ETFs) into the fold of traditional finance (tradfi). Since their debut, these ETFs have not only broken records but have also amassed more than a million bitcoins.
Bitcoin needs to reclaim old support to continue next leg up.
Russia has all legal tools to use digital financial assets and Bitcoin in foreign trade, Finance Minister Anton Siluanov said.
The holiday spirit failed to bring any stability to the crypto market, with Bitcoin seeing its price drop from $97,300 on Dec. 22 to $94,800 on Dec. 24. Christmas Day saw a slight recovery, but Bitcoin consolidated back to $98,000 as it met significant resistance above $99,000.
Will historical trends repeat and lift ETH in January and overall Q1 2025?
Russia is shaking things up. Faced with mounting sanctions and struggling trade routes, the country is turning to Bitcoin and other digital currencies. This move isn't just about innovation—it's survival. With sanctions squeezing traditional payment systems, Russia wants to keep trade alive, no matter what.
Several U.S. states, including Texas, Pennsylvania, and Ohio, have proposed creating Strategic Bitcoin Reserves to strengthen local economies as Bitcoin's value rises.
Prominent trader Skew has expressed cautious optimism over the current trends amid the recent Bitcoin rally, claiming that the market appeared to favor bulls. The post Bitcoin Bullish Momentum Builds Amid Holiday Calm, Popular Trader Says appeared first on Cryptonews.
Russia is shifting its focus towards Bitcoin and other cryptocurrencies recently, Finance Minister Anton Siluanov confirmed. According to his recent statement, the Russian firms are already using BTC and other digital currencies for foreign trade after recent legislative changes.
Bitcoin's historical Christmas rallies align with halving cycles. BTC eyes $150K in 2025, but key resistance at $101K and support at $69K will define its next moves.
Bitcoin's price momentum has slowed, struggling to sustain the bullish energy generated in recent weeks. Currently priced at $98,166, the crypto king is hovering just below the psychological $100,000 resistance level.
Russia's use of crypto for trade may undermine Western sanctions, potentially reshaping global financial systems and regulatory approaches. The post Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says appeared first on Crypto Briefing.
Bitcoin climbed past $99,000 on Christmas day, driven by renewed optimism that energized the market. According to CryptoSlate's data, the leading digital asset gained over 5% in the last 24 hours, recovering from a weekly low of $92,973.
Although Bitcoin (BTC) price has crashed 15% from its ATH of $108,421.80, can it hit $250K before 2024 ends? The answer to the question posed in the title is a clear and resounding “No.
The crypto market experienced a genuine Christmas rally on December 25, 2024, with Bitcoin soaring to $98,000, resulting in an overall increase that added more than $100 billion to the market's total capitalization.
Could this signal a surprising shift in crypto dominance?
Bitcoin struggles below $100,000 amid holiday illiquidity, but analysts predict a rally above $105,000 post-Christmas, citing macro trends.
Bitcoin and Ethereum form bullish patterns after the short correction, while XRP remains in a favourable price trend, awaiting its next breakout.
While the market was red last week, crypto saw some action in the last 24 hours with with Bitcoin, Ethereum, and altcoins rebounding. The king crypto Bitcoin went up from $94K to $99K which is seen as a “Santa Claus rally,” but it could also be a profit-taking shift.
The Israel Securities Authority approval was granted last week, Calcalist reported.
Bitcoin reaches $98,270 as it faces record ETF outflows and tests key $100K resistance. Will the bullish momentum continue? Find out in our analysis The post Bitcoin Breaks Key $98K Level – Is the Market Ready to Soar Again? appeared first on Cryptonews.
Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.
Bitcoin's price recovered to $99,100 after testing strong support at $92,000. With resistance at $104,000 still unbroken, analysts predict a potential crash.
US Bitcoin ETFs saw $1.52 billion in outflows over five days ending Dec. 24. Gold ETFs Surpassed by Bitcoin ETFs in AUM, Reaching $129 Billion.
US Bitcoin spot exchange-traded funds (ETFs) have faced four consecutive days of withdrawals, ending with notable outflows on Christmas Eve. Data from SoSovalue on Dec. 24 shows that ETFs saw recorded combined outflows of $338.4 million on Christmas Eve.
BlackRock's Bitcoin ETF hits record outflows as Ethereum funds surge. Can ETH maintain momentum while BTC struggles with selling pressure?
TL;DR According to AI predictions, Bitcoin could reach values between $120,000 and $150,000 in 2025, driven by various global economic factors. The global economic environment favors BTC as a store of value, especially in contexts of inflation and low interest rates.
There's always something going on in the crypto space — and this year's events were certainly no exception.
Matador Technologies, a company known for digitizing tangible assets like gold, has announced plans to invest $4.5 million in Bitcoin over the next few days.
The total crypto market cap is close to $3.6 trillion.
Bitcoin is becoming a firm "buy" for investors worldwide as bulls retain Christmas Eve gains.
BlackRock's Bitcoin ETF is going through a tumultuous period marked by unprecedented capital outflows. The asset management giant recorded its largest daily outflow on December 24, contributing to a downward trend that has seen U.S. Bitcoin ETFs collectively lose over $1.5 billion in just four days.
MicroStrategy, a global leader in Bitcoin holdings, is proposing a massive stock increase to finance the purchase of more bitcoins. This initiative, aiming to raise $42 billion, reflects the company's ambitious strategy to strengthen its position in BTC treasury management.
Crypto enthusiasts have also embraced the idea of a Santa Rally; it is not just a concept found on traditional markets. Essentially, it describes an increase in asset prices in late December that is frequently driven by optimism, lower trading volumes and positive sentiment during the holidays.
MicroStrategy seeks shareholder approval to expand its equity-issuance plan, aiming to accelerate its $42 billion Bitcoin acquisition strategy.
Cryptocurrencies witnessed a late Christmas rally as Bitcoin jumped from $93.6K to surpass $99K during Tuesday's late sessions. While the global crypto market capitalization soared 4.46% to 3.41 trillion, Fartcoin and iDEGEN dominated trends. FARTCOIN attracted attention with its explosive surges within the past 24 hours. The token soared from the lows of $0.