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news-imageDecember 22, 2024

Bitcoin price is still undervalued, MVRV indicator shows

Bitcoin price has had a strong performance this year as it jumped by 120%, beating popular assets like the Nasdaq 100 and the S&P 500 indices.
Publisher: Crypto news
Sentiment: Positive
BTC

More News Articles

Positive
cover-imageBenzinga
December 22, 2024

Scaramucci Defends MicroStrategy's Bitcoin Strategy, Predicts Long-Term Crypto Growth

Anthony Scaramucci, founder of SkyBridge Capital, has dismissed concerns surrounding Michael Saylor and MicroStrategy Inc., suggesting fears of a potential collapse due to Bitcoin's (CRYPTO: BTC) volatility are exaggerated. What Happened: In an interview on Friday, Scaramucci pointed to Saylor's long-term debt strategy as evidence of MicroStrategy's resilience.

Neutral
cover-imageCoinPedia
December 22, 2024

UAE Holding $40 Billion Worth Bitcoin? Truth or Rumour?

Recent chatter in the crypto world has revolved around a bold claim that the United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion. Perhaps prominent crypto commentator Bitcoin Archive raises questions over this news citing the lack of evidence supporting this bold news.

Negative
cover-imageBitcoinist
December 22, 2024

$73 Million Exodus: BlackRock Bitcoin ETF Suffers Record-Breaking Outflow

A major player in the cryptocurrency market found itself on an unusual side of history after experiencing its largest outflows in months. Related Reading: Fed Can't Hold Bitcoin, No Plans Yet To Change Law, Powell Says The leading asset manager BlackRock ended the inflow streak of its Bitcoin exchange-traded fund after recording a $72.

Negative
cover-imageThe Currency Analytics
December 22, 2024

Bitcoin ETFs See Record Outflows as Market Uncertainty Looms

The cryptocurrency market faced a significant setback this week as Bitcoin ETFs recorded unprecedented outflows. The trend has raised concerns about investor confidence, with major players like BlackRock and Fidelity witnessing their largest withdrawals since inception.

Positive
cover-imageCryptopolitan
December 22, 2024

UAE now holds $40 billion in Bitcoin

The United Arab Emirates (UAE) now holds $40 billion in Bitcoin, according to a report shared by Binance founder Changpeng “CZ” Zhao. The Gulf nation has spent years building the foundation for this moment.

Positive
cover-imageCointribune
December 22, 2024

An Eco-friendly Bitcoin ETF Is Soon To Be Approved By The SEC

Nate Geraci, a well-known expert in the field of Bitcoin ETFs, recently expressed his optimism about the launch of an unusual fund proposed by Nexo, a major player in fintech. This fund, named Nexo 7RCC, combines investments in spot bitcoin and futures contracts on carbon credits, a first in the ETF sector.

Negative
cover-imageThe Currency Analytics
December 22, 2024

Bitcoin Faces Major Correction Amid Coinbase Selling Surge

Bitcoin has experienced a notable price correction, dropping by 15% from its recent all-time high of $108,300. This sharp decline signals a rapid shift in market sentiment, transitioning from an extremely bullish outlook to one characterized by uncertainty and caution.

Positive
cover-imageThe Currency Analytics
December 22, 2024

Dan Tapiero Predicts $200,000 Bitcoin in 2025 Due to Fiscal Policy Shift

Venture capitalist Dan Tapiero believes Bitcoin (BTC) could surge to $200,000 in 2025, driven by changes in U.S. fiscal policy and market dynamics. Tapiero, who founded the crypto venture capital firm 10T Holdings, made the bold prediction in a recent thread on social media platform X, where he shared his insights with his 123,500 followers.

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