As Ethereum lags with 70% gains in 2024, emerging L1 networks like Graphite are stepping up, offering faster speeds, lower costs, and a trust-driven blockchain ecosystem.
Crypto asset manager Bitwise has launched a Solana staking ETP in Germany while American investors await the U.S. equivalent.
Ethereum spot ETFs have made headlines with a massive $145 million net inflow on December 17, 2024. This surge in investment marks a key moment in the growing institutional interest in Ethereum-backed financial products, further solidifying the cryptocurrency's place in traditional finance.
Ohio proposes the Ohio Bitcoin Reserve Act to hedge against dollar devaluation by investing in Bitcoin as a state reserve asset. The post Ohio lawmaker pushes for state-backed Bitcoin reserve appeared first on Crypto Briefing.
Bitcoin sees classic BTC price sell-side pressure into the Federal Reserve's next key decision on interest rates.
The Ohio Bitcoin Reserve Act seeks to incorporate bitcoin into the state's financial reserves while diversifying its investment portfolio. Rep. Merrin Wants Bitcoin in Ohio's State Treasury Ohio State Representative, Derek Merrin has introduced the Ohio Bitcoin Reserve Act, a legislative bill granting the state treasury the authority to invest in bitcoin (BTC).
With Bitcoin (CRYPTO: BTC) prices peaking to all-time high levels, MicroStrategy's (NASDAQ:MSTR) aggressive Bitcoin accumulation strategy has once again become a focal point in discussions among traders and analysts. What Happened: In a tweet on Monday, industry expert Alex Kolicich addressed common misconceptions about MSTR in a recent tweet, explaining that the stock is neither a leveraged nor a synthetic call option on Bitcoin.
While the market sentiment is still bullish, the demand for long positions has decreased.
Bitcoin's recent price action and funding rate data reveal a market that is both stable and poised for growth. Analysts have pointed to healthy funding rates, with no signs of excessive speculation or overheating, suggesting that Bitcoin's bullish momentum has plenty of room to continue.
According to a report from Blockspace Media, there's a new entity on the block that has quietly climbed to become the third-largest publicly listed mining firm in terms of hashrate.
Solana (SOL) price reached a new all-time high on November 22 and has surged 208% in 2024, showcasing impressive growth throughout the year. However, SOL has struggled recently, declining nearly 10% over the past 30 days as bearish indicators begin to weigh on the market.
Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.
BlackRock was the most aggressive buyer of ETH, building up a reserve of over 1M ETH for its iShares ETF (ETHA). Buying resumed in December, surpassing all other funds.
Bitcoin hit a new high of $108,000 recently. President-elect Donald Trump confirmed on December 12th that he would implement a Bitcoin Strategic Reserve, and there are also rumors about Russia adopting a similar plan. These developments have sparked discussions about how they could affect Bitcoin's price and other asset classes.
Bitcoin has retreated from its record high above $108,000, taking a breather from its bullish uptrend. This comes as the Federal Reserve is forecast to issue another rate cut Wednesday and potentially suggest fewer rates cuts than expected in 2025.
MicroStrategy Inc. co-founder and Chairman Michael Saylor says he wants to add more “intelligence leverage” for shareholders. He also talks about potentially advising the Trump administration on crypto and says he's still buying up Bitcoin.
MicroStrategy Inc. co-founder and Chairman Michael Saylor says he wants to add more “intelligence leverage” for shareholders. He also talks about potentially advising the Trump administration on crypto and says he's still buying up Bitcoin.
Project Dama 2 is part of Singapore's Project Guardian on blockchain asset tokenization. Deutsche Bank aims to launch the blockchain MVP in 2025, pending approval.
The overton window has officially shifted and Bitcoin is going mainstream.
Both Bitcoin and Ethereum ETFs are riding weekslong streaks of positive flows, with ETH fortunes rising ahead of the new U.S. admin.
Arthur Hayes, the former CEO of BitMEX, has recently warned that Bitcoin may experience a “vicious sell-off” when Donald Trump takes office. In a detailed blog post, Hayes expressed skepticism about Trump's ability to fulfill his ambitious promises regarding cryptocurrency, including making the U.S. “the crypto capital of the world” and establishing a Bitcoin reserve.
Crypto assets have picked up bullish momentum in the last 48 hours as macro sentiments flip green. Following Bitcoin's surge to a new all-time high, altcoins have traded upwards in the same time frame.
Bitwise Chief Investment Officer (CIO) Matt Hougan has predicted that Bitcoin could easily reach $500,000 if the Strategic Bitcoin Reserve happens. The Bitwise CIO explained how the introduction of the Bitcoin Reserve would cause a ripple effect that would send the flagship crypto to this price target.
Bitwise has launched a new ETP (Exchange-Traded Product) dedicated to Solana, identified with the ticker BSOL, which offers an innovative opportunity for investors interested in the cryptocurrency sector. This product combines the ease of access to digital assets with a significant added value: the rewards generated from staking Solana (SOL).
A Bloomberg report spotlights Deutsche Bank's approach to tackling regulatory hurdles associated with public blockchains, introducing the layer two (L2) pilot program, Project Dama 2.
Ethereum (ETH) price recently surpassed $4,000 for the first time since March 2024, marking a 25% gain over the past 30 days. However, the 7D MVRV ratio, now at -1.35%, suggests short-term holders are experiencing unrealized losses, hinting at potential further downside before a recovery.
The launch follows a successful testnet period where 50 projects were deployed and more than 24.72 million transactions were completed.
The launch follows a successful testnet period where 50 projects were deployed and more than 24.72 million transactions were completed.
MicroStrategy founder and Chairman Michael Saylor has reiterated his belief in Bitcoin's superiority over gold as the cryptocurrency continues to break new ground. His latest statements come in the wake of BlackRock's Bitcoin ETF achieving record growth, surpassing their gold ETF's 20-year milestone in less than a year.
Crypto markets are bracing for turbulence as Donald Trumps inauguration draws closer. Arthur Hayes warns that high expectations for crypto policy shifts may lead to a sell-off before markets find stability later in 2025.
Will Solana and XRP face further delays despite growing interest in crypto ETFs?
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Bitcoin risks a 14% drop as technical indicators, including a rising wedge breakdown, Gravestone Doji, and elevated NUPL levels, point to growing sell pressure.
A notable divergence has recently formed between the Coinbase Premium Index and Bitcoin's price, as sighted by CryptoQuant. This divergence tilts toward the negative side despite the momentous rally in the price of Bitcoin.
Metaplanet expects ¥890M ($5.8M) in revenue for FY2024, marking a 240% increase from last year. Bitcoin put options generated ¥520M, becoming a key revenue source.
Bitflow, a decentralized exchange (DEX), and Pontis, a decentralized finance (DeFi) platform, have introduced the first-ever Bitcoin Runes Automated Market Maker (AMM) on Stacks, a Bitcoin (BTC) Layer-2 (L2) scaling solution, as reported to Finbold on Wednesday, December 18.
TL;DR SatLayer integrates with the Sui blockchain to expand Bitcoin's use in DeFi applications, allowing developers to secure dApps with Bitcoin's value and security. The collaboration strengthens the security of decentralized applications on Sui, a blockchain focused on fast transactions and scalability.
Anomalous activity has been detected in Dogecoin (DOGE) trading. As became known thanks to data from CoinGlass, derivatives trading with the popular meme cryptocurrency witnessed an abnormal imbalance in the last 24 hours.
The meme coin space is facing a mix of IP disputes and speculative frenzy as community-driven projects like Neiro (CRYPTO: NEIRO) tokens clash over legitimacy, while Fartcoin (CRYPTO: FARTCOIN)—an AI-inspired meme token—surged to a market cap of $763.9 million. What Happened: Own The Doge DAO, the organization holding the original Dogecoin (CRYPTO: DOGE) meme IP, announced that it has acquired the rights to use the likeness of Neiro.
The spot Ethereum exchange-traded fund (ETF) launched by the world's largest asset manager earlier this year now holds a substantial trove of ETH, having recently surpassed one million tokens. According to data from BlackRock's website, the iShares Ethereum Trust ETF (ETHA) the fund now holds 1.
Bitcoin's upside momentum is holding firm, reaching a new all-time high and showcasing potential for more price growth towards critical resistance levels. While the recent move has triggered a wave of optimism about its future performance, pessimism still lingers among many individuals.
A popular market analyst known for his timely crypto calls is predicting Ethereum (ETH) will suddenly return to its all-time high. Pseudonymous trader Pentoshi tells his 834,500 followers on the social media platform X that Ethereum may surge more than 23% from its current value and start outperforming against Bitcoin (ETH/BTC).
Renowned investor and author of the personal finance book ‘Rich Dad Poor Dad,' Robert Kiyosaki, has been bullish on Bitcoin (BTC) for years.
QCP Capital has issued a cautious outlook for markets ahead of the Federal Reserve's final meeting of 2024, citing potential volatility amid decreasing liquidity and technical signals for Bitcoin (CRYPTO: BTC). The firm also noted growing optimism for crypto in 2025, fueled in part by speculation surrounding Donald Trump's return to office and emerging Bitcoin-related policy proposals, such as a draft Executive Order for a strategic Bitcoin reserve.
Ethereum (ETH) has recently crossed the $4,000 mark, drawing attention as it edges closer to a critical resistance level. This milestone comes as on-chain data suggests that ETH is in the “belief phase,” a crucial stage in market cycles where confidence grows among long-term holders.
The Pudgy Penguins project has initiated a significant airdrop of its new token, PENGU, on the Solana blockchain, valued at $1.5 billion.
BNSOL's success is closely tied to the growth of Solana's ecosystem, which has seen its liquid staking ratio more than double in 2024.
Bitcoin and ethereum exchange-traded funds (ETFs) had a smashing day on Tuesday, gobbling up a collective total of $638.69 million in positive inflows. $639M Inflows Propel Bitcoin and Ethereum Funds U.S. crypto ETFs were on fire Tuesday with spot BTC ETFs hauling in $493.95 million and the ETH ETFs a bit further behind, capturing $144.