The world is talking about the potential impact of Donald Trump's presidency on Bitcoin's growth, with various analysts sharing their perspectives on how his policies could drive the cryptocurrency market forward.
Spot Bitcoin exchange-traded funds in the United States recorded an inflow of $475.15 million on Dec. 26, ending its four day streak of outflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $475.
The Pig Butchering scams turned out to be one of the most prevalent threatss in 2024 stealing around $3.6 billion in assets from crypto investors. In a report published by Cyvers, a Web3 security company, it was revealed that these scams mainly tricked the Ethereum blockchain with 150,000 wallet addresses conned across 800,000 transactions.
Bitwise has proposed a new exchange-traded fund that invests in publicly traded companies holding over 1000 BTC in their corporate treasuries. In a Dec.
The global cryptocurrency market has taken a hit, with the market cap dropping to $3.35T. Bitcoin (BTC), a major player in the crypto world, has seen its price fall to $96,200 recently.
Bitcoin surged to $99.8K yesterday before taking a nosedive at $95,484, shedding the profits of the Christmas rally. Traders are becoming increasingly bullish, with speculation about Bitcoin reaching $110K to $117K. However, Santiment notes that historically, Bitcoin tends to hit $110K only when the crowd least expects it.
Bitcoin price continues to be under strong selling pressure after facing rejection at $100K on Christmas. While bulls are trying to defend the crucial support of $95,000, on-chain data and market analysts show that chances of a BTC price crash to $60,000 by Donald Trump's inauguration on January 19, are much higher.
As the crypto markets advance towards the yearly close, the bears have become stronger, and as a result, the Bitcoin price drops below one of the pivotal supports. The pullback from the levels above $98,000 can be treated as a major setback, as this revives the possibility of a yearly close below the $100K milestone.
Bitwise, the world's largest crypto asset manager is planning the launch of a Bitcoin Standard Company ETF that holds BTC as part of their corporate financial reserves. Thus, top market public-listed firms like MicroStrategy, Marathon Digital, Coinbase, Semler Scientific, Metaplanet, and others would be part of this index.
Strive Asset Management, co-founded by Republican Vivek Ramaswamy, has introduced a proposal for a ‘Bitcoin Bond' exchange-traded fund (ETF). This fund aims to offer exposure to bitcoin (BTC) by investing in convertible securities, primarily from firms such as Microstrategy.
Recent reports revealed that Russian companies have begun using Bitcoin and other digital assets in international trade to bypass sanctions. The country's Finance Minister also shared the government's plan to expand its crypto use as an alternative for international payment.
XRP has recently experienced a dip into a key support region between $2.40 and $2.20. This area saw some initial price reaction on Sunday and Monday this week, but the response hasn't been strong enough to suggest a clear upward move just yet. At the current price levels, XRP is showing signs of consolidation.
According to David Lawant of FalconX, Bitcoin is on track to experience the largest options expiry to date.
The market enters the final days of 2024 with a new record for the largest Bitcoin options expiry in history. Today, a total of $18 billion worth of Bitcoin and Ethereum options contracts will expire.
Ethereum (ETH) price retraced more than 15 percent in the past two weeks to trade at about $3,375 on Friday, December 27, during the early European session.
US spot Bitcoin ETFs have notched a positive net inflow nearing half a billion after four trading days which bled over $1.5 billion.
Bitcoin's price has been struggling recently, experiencing a noticeable decline over the past two weeks. As BTC dropped to $95,120, the crypto enthusiast is in fear of a massive crash ahead.
Bitcoin may be due to a strong price rebound in the coming days with immediate spot buyer demand rising on crypto exchange Binance.
The cryptocurrency market experienced another volatile day, with Bitcoin (BTC) retreating to $96,000 and major altcoins like Ethereum (ETH), Solana (SOL), and XRP following suit with notable declines. However, amidst the market-wide slump, Bitget's BGB token stood out, surging 22% and capturing investor attention. The global crypto market cap dropped by 2.
Bitcoin slips to $96K after $1.52B ETF outflows as MicroStrategy's $42B plan fuels optimism. Israel's Bitcoin mutual funds and technical resistance at $98,300 in focus. The post Bitcoin Slips to $96K Amid $1.52B ETF Outflows and MicroStrategy's $42B Plan appeared first on Cryptonews.
The cryptocurrency market approaches the start of 2025, one expert believes that Ethereum (ETH) could outperform Bitcoin (BTC) in the coming months. This bold prediction comes from crypto analyst Michael van de Poppe, who highlights recent trends in ETF flows and seasonality data to back up his outlook.
The crypto prices today have once again showcased a turbulent shift, setting off waves of speculations among traders and investors globally. Bitcoin (BTC) price backtracked to the $96k level, whereas Ethereum (ETH), Solana (SOL), and XRP mirrored a slumping movement.
Bitcoin investing isn't what it used to be. You don't just buy coins and hope they go up anymore. Strive Asset Manager, a firm founded by Vivek Ramaswamy, is pushing the boundaries with a new kind of fund.
On December 23, US spot Bitcoin (BTC) exchange-traded funds (ETFs) experienced significant outflows totalling $226 million, while Ethereum ETFs saw inflows of $130 million. The stark contrast in net flows between these two ETFs has sparked discussions among crypto analysts about whether an altcoin season might be on the horizon.
Bitwise has filed with the SEC for Bitcoin Standard Corporations ETF that invests in companies holding at least 1,000 Bitcoin.
Bitwise's proposed ETF aims to invest in firms that have adopted the "Bitcoin standard" by holding significant Bitcoin reserves. The post Bitwise Files Bitcoin Standard ETF Tracking Firms with BTC Reserves appeared first on Cryptonews.
Bitcoin price is currently levelling off after a meteoric rise in late 2024.
XRP price failed to continue higher above $2.35 and declined. The price is down over 5% and is showing bearish signs below the $2.20 level.
Bitwise has filed for an Exchange-Traded Fund (ETF) that focuses on companies holding massive amounts of Bitcoin. The idea? To offer investors a way to gain exposure to firms embracing the “Bitcoin standard.” Curious what that means? Let's break it down.
Bitcoin has crashed today, erasing the gains from the Christmas rally. Here's how this may have been foreshadowed by social media sentiment.
Ethereum price started a fresh decline from the $3,550 resistance. ETH is now showing bearish signs and might slide below the $3,300 level.
XRP, the native token of the Ripple network, could be poised for a significant market cap surge, according to a new analysis by crypto expert EGRAG Crypto. The analyst's predictions suggest that XRP could potentially outperform leading cryptocurrencies like Bitcoin and Ethereum, with the possibility of its market dominance pushing the token's valuation to a staggering $1.56 trillion, equating to a price of $27.2 per token.
Russian Bitcoin payments are being used by companies under new legislation to counter Western sanctions.
Some crypto traders suggest that altcoins may be a better pick than Bitcoin “at this juncture," though not everyone agrees.
Bitwise has filed for an ETF that would invest in large market cap public companies with at least 1,000 Bitcoin on their balance sheets.
Bitcoin price failed to surpass $100,000 and corrected gains. BTC is back below $96,500 and might revisit the $93,200 support zone.
Crypto markets face pivotal moments as SEC's Ripple decision and BTC-spot ETF flows steer XRP and Bitcoin price trends into 2025.
New perspectives for Bitcoin: from a store of value to an active financial instrument.
Ethereum is currently experiencing a downturn, with a 4% drop in its price, falling to $3,354.5. This decline comes as the broader cryptocurrency market also faces struggles, with the total market capitalization recently reaching $3.32 trillion but still reflecting a 3.19% decrease from the previous day.
CryptoQuant's CEO Ki Young Ju dismissed the idea that private CoinJoin transactions are mostly used by hackers to launder stolen funds.
An analyst has explained how the age of the average Bitcoin token has only been getting older during the recent bull run, something that could be bullish for the asset's price. Bitcoin Average Coin Age Has Been Trending Up Recently In a new post on X, CryptoQuant author Axel Adler Jr has talked about the recent trend in the Average Coin Age for Bitcoin.
Bitcoins price could soar to $1 million by 2025, according to Jeff Park of Bitwise. The bold prediction stems from ongoing debates about a potential U.S. Bitcoin reserve, a move that could redefine cryptocurrency adoption globally.
Bitcoin has observed a sharp retrace to $95,000 in the past day as on-chain data shows whales have been busy depositing to exchanges.
Egrag Crypto has projected a bullish XRP surge to $27, citing the 21 EMA crossover and historical performance trends. With parallels drawn to XRPs 2017 rally and current market dynamics, the crypto analyst believes a 4,770% price increase is achievable.
Bitcoin prices were fluctuating near the $95,000 level on the evening of Thursday, December 26, after losing almost 5%.
As more companies adopt bitcoin treasuries, two new ETFs—one from Vivek Ramaswamy—seek to capitalize on the trend.
The XRP (XRP -6.16%) cryptocurrency is falling in today's trading. The crypto token price was down 6.6% over the last 24 hours of trading as of 6:15 p.m.
The so-called "Santa Rally" of Bitcoin, which is typically a time of optimism and price increases during the holiday season, is beginning to show indications of possible danger. After a brief decline below the 50 EMA at $95,000, Bitcoin has managed to recover and is currently trading close to $97,000.