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news-imageDecember 29, 2024

Crypto Market This Week: BTC & Altcoins Volatile, Shiba Inu Community Advances

The dynamic realm of crypto has concluded yet another week, primarily with attention-nabbing developments witnessed across the industry. Despite soaring market optimism in light of investors expecting a bullish Q4, top cryptocurrency prices have encountered volatility.
Publisher: Coingape
Sentiment: Neutral
BTC
SHIB

More News Articles

Positive
cover-imageCryptoSlate
December 31, 2024

Swiss chancellery approves proposal to include Bitcoin in national reserves

Switzerland's Federal Chancellery has approved the formal submission of the “Bitcoin Initiative,” a proposed constitutional amendment that would require the Swiss National Bank to hold part of its reserves in Bitcoin (BTC). The measure now moves closer to a nationwide referendum and comes amid growing interest in sovereign adoption of the flagship asset.

Positive
cover-imageCryptopolitan
December 31, 2024

Syria proposes to legalize Bitcoin for economic recovery

Syria, a country picking up the pieces after the collapse of the Assad regime, is preparing for a radical financial overhaul: Bitcoin legalization. The Syrian Center for Economic Research has proposed an ambitious plan urging the transitional government to adopt Bitcoin and other digital assets to address inflation, stabilize its economy, and attract global investments.

Neutral
cover-imageThe Daily Hodl
December 31, 2024

Top Crypto Analyst Says Delayed Bitcoin Parabolic Rally Is Both Positive and Negative – Here's What He Means

A widely followed crypto analyst believes Bitcoin's (BTC) delay in entering the most explosive phase of the cycle comes with pluses and minuses. Pseudonymous analyst Dave the Wave tells 147,700 followers on the social media platform X that Bitcoin may remain in a technical bullish trend for a while longer before eventually going parabolic.

Positive
cover-imageCNBC Television
December 31, 2024

Bitcoin jumped 120% in 2024. Here were the biggest catalysts: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Crypto World looks back at 2024's biggest headlines and what guests on the show had to say.

Negative
cover-imageNewsBTC
December 31, 2024

Bitcoin Decline Continues: Is $86,800 The Level To Watch?

On-chain data shows the Realized Price of the Bitcoin short-term holders lies at $86,800 right now, making the level one to watch. Bitcoin Is Still At A Notable Gap From Short-Term Holder Cost Basis In a new post on X, the on-chain analytics firm Glassnode has discussed the trend in the profit-loss status of the Bitcoin short-term holders.

Negative
cover-imageThe Currency Analytics
December 31, 2024

Bitcoin Faces Bearish Pressure Below $93K, Targets Below $90K

Bitcoin's price has been struggling to maintain upward momentum, and as the year draws to a close, market sentiment remains cautious, signaling that bearish targets below $90,000 could become a reality. With the annual trading cycle on the brink of completion, the cryptocurrency's rally has slowed considerably, and analysts are predicting that this trend could continue into the start of 2025.

Positive
cover-imageThe Daily Hodl
December 31, 2024

Bitcoin To Undergo Supply Shock That Could Send BTC to $200,000, Says Anthony Scaramucci – Here's His Timeline

The founder of investment firm SkyBridge Capital is predicting Bitcoin (BTC) will more than double in price over the next year. In a new interview on the Bankless podcast, hedge fund veteran Anthony Scaramucci says that Bitcoin demand will likely continue to increase, creating a supply crunch that sends the flagship crypto asset soaring.

Neutral
cover-imageBenzinga
December 31, 2024

Bitcoin, Ethereum, XRP, Dogecoin Trade Sideways On New Year's Eve

Cryptocurrency markets are trading relatively flat on New Year's Eve, with Bitcoin exchange netflows significantly lower. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $93,826 -0.5% Ethereum (CRYPTO: ETH) $3,354 -1.0% Solana (CRYPTO: SOL) $195.05 +0.8% XRP (CRYPTO: XRP) $2.09 +0.4% Dogecoin (CRYPTO: DOGE) $0.3184 +0.2% Shiba Inu (CRYPTO: SHIB) $0.00002124 -1.1% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 48.2% and daily active addresses falling by 0.07%.

Positive
cover-imageBitcoin
December 31, 2024

100,000 Signatures Away: How the ‘Bitcoin Initiative' Could Redefine Swiss Banking

Reports reveal that the Swiss Federal Chancellery has officially added the “Bitcoin Initiative” to its registry, aiming to integrate bitcoin into the Swiss National Bank's reserves via a constitutional amendment. Swiss Chancellery Registers ‘Bitcoin Initiative' On Tuesday, Dec. 31, 2024, the Swiss Federal Chancellery confirmed its registration of the “Bitcoin Initiative.

Neutral
cover-imageThe Currency Analytics
December 31, 2024

Bitcoin's Final Days of 2024: Will It Break $100k

Bitcoin's performance continues to capture the attention of analysts and investors alike. Despite high expectations for a “Santa Rally,” Bitcoin's price has remained relatively stagnant, hovering around $94,000 after a brief surge past $100,000 just before Christmas.

Positive
cover-imageBenzinga
December 31, 2024

Bitcoin Reserves, Spot ETFs, AI Agents: Key Trends To Watch In Crypto In 2025

The crypto sector is on the cusp of a paradigm shift in 2025, with significant developments poised to reshape the landscape, according to asset manager Franklin Templeton . What Happened: In its 2025 crypto outlook, published on Monday, the asset manager flags several key developments that bode well for the cryptocurrency industry in 2025: Regulatory Advancements: U.S. regulators, including the SEC, are expected to support diversified crypto-linked products, such as ETFs and tokenized securities.

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