Bank of Italy's recent report has criticized Bitcoin P2P platforms and labeled them "crime-as-a-service."
On Dec. 25, 2024, at 3:30 p.m. Eastern Time as Christmas festivities unfold, bitcoin's price hovers at a cool $99,092 amidst the holiday's quiet market. Meanwhile, a treasure of 210 bitcoins, last touched over a decade ago and now valued at $20.6 million, has stirred into action.
Bitcoin futures data suggests bulls are ready to push BTC price back above $100,000.
Bitcoin's (BTC) accumulator addresses showed a sharp increase in demand during December, with 225,280 BTC in net acquisitions by these investors as of Dec. 23, according to CryptoQuant. The movement represents an 82.6% monthly increase.
Ethereum (ETH) price has climbed 48.19% so far in 2024, though it lags behind Bitcoin 123% gain this year. Despite ETH's strong performance, its recent uptrend appears to be losing momentum, as the ADX indicates weakening trend strength.
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A crypto strategist who nailed the pre-halving Bitcoin correction earlier this year is warning that BTC may head lower as resistance continues to strengthen.
The Israel Securities Authority (ISA) just approved six Bitcoin mutual funds, all set to roll out on December 31. This is the first time Israeli investors will have access to Bitcoin-focused mutual funds.
The world's largest crypto exchange has backed a pilot scheme to introduce crypto payments for a tourist center in Thailand.
An analyst has explained how an important Bitcoin indicator is back to levels that may be considered healthy for a bull-market uptrend.
Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
CryptoQuant CEO Ki Young Ju believes the US could feasibly offset a portion of its national debt by establishing a strategic Bitcoin (BTC) reserve, a move he describes as practical but politically challenging. Ki shared the analysis in a social media post on Dec.
Bitcoins current slump is expected to reverse as analysts eye a post-holiday rally above $105,000. Liquidity returning to markets and strong buyer signals are seen as key drivers, though resistance from ETF outflows could limit short-term gains.
Newly launched Fantom spinoff Sonic Chain has finally released its Ethereum bridge dubbed the amid its sustained expansion drive. Announced on its X page, the protocol said the new gateway can help user bridge assets like USDC, EURC, WETH, and FTM from Ethereum to Sonic.
The decline in Runes activity coincides with broader market dynamics and shifting investor focus.
The Finance Minister of Russia has reportedly confirmed that many companies in the country are now using Bitcoin (BTC) to engage in foreign trade and skirt Western sanctions.
Bitcoin is at the center of Russias evolving trade strategy as the country seeks to counter sanctions and reduce dependency on traditional assets. Finance Minister Anton Siluanov confirmed active cryptocurrency transactions, signaling an ambitious shift expected to expand in 2024.
A whale that recently deposited a huge amount of Ethereum funds to Binance has offloaded another $17 million to the crypto exchange. The whale is related to Nexo, as indicated by onchain data.
Russia is increasing its use of Bitcoin and digital financial assets in international trade, as confirmed by Finance Minister Anton Siluanov, who cited new legislation allowing cryptocurrencies to facilitate foreign payments amid ongoing Western sanctions. The post Russia Expands Use of Bitcoin in Foreign Trade, Says Finance Minister appeared first on Cryptonews.
The speculations over a potential AVAX price rally soared as Avalanche founder Emin Gun Sirer drew parallels to Bitcoin's capped 21 million supply. Highlighting AVAX's maximum supply of 715.74 million and its deflationary mechanism of burning transaction fees, Sirer contrasts it with Ethereum's uncapped supply.
As Bitcoin stays below $100,000, attention is shifting to altcoins, with many expecting an altseason rally soon. VanEck analysts say “altcoin season” has started.
MicroStrategy, one of the pioneers of institutional investment in bitcoin, once again pushes the boundaries with a spectacular initiative: raising 42 billion dollars to strengthen its position in the crypto market. This bold plan, dubbed 21/21, marks a decisive step in its long-term strategy.
Russia is actively using Bitcoin and other cryptocurrencies to counteract the impact of Western sanctions on its economy, Reuters reported on Dec. 25. The report cited Finance Minister Anton Siluanov, who recently stated that Russian companies have begun to utilize digital currencies, particularly Bitcoin mined within the country, for international transactions.
Will Powell's resistance to Bitcoin reserves dampen Trump's vision?
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Vitalik Buterin, the co-founder of Ethereum, recently outlined some of the main threats that are associated with artificial general intelligence (AGI).
On Christmas Eve, the 12 spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $338.38 million, while the nine spot ether ETFs enjoyed inflows of $53.54 million. Bitcoin ETFs Falter as Ether ETFs Rally in Market Tug-of-War Tuesday marked the fourth consecutive day of losses for the spot bitcoin ETFs, with $338.38 million leaving the sector.
Bitcoin delighted investors with a Christmas Eve surge, climbing from $92,300 to an intraday high of $99,400. The swift rally has reignited bullish sentiment as the price successfully held a critical demand level, signaling strength and positioning BTC to challenge the psychological $100,000 milestone.
The launch of Bitcoin mutual funds in Israel could enhance mainstream adoption and accessibility, potentially influencing global crypto markets. The post Israel to debut Bitcoin mutual funds tracking BlackRock's IBIT and other indices appeared first on Crypto Briefing.
A famous economist recently announced the arrival of the "Santa Claus rally" for Bitcoin, predicting a spectacular price increase by the end of the year. This trend, supported by strong technical backing, could propel BTC to new historical highs, despite some challenges.
The global adoption trend for Bitcoin-related investment products continues to strengthen, with Six new mutual funds set to debut in Israel. According to a report by the Calcalist on Wednesday, Dec.
The approvals come nearly a year after 11 spot Bitcoin ETFs were approved to trade in the United States.
On Dec. 31, Israel's asset managers will launch six mutual funds tracking Bitcoin's price movements.
It's no secret that growth investing mastermind Cathie Wood expects big things from Bitcoin (BTC -0.22%). The Ark Invest fund manager started talking about crypto before she was a household name, and has recently doubled down on her bullish projections again.
Israel is set to introduce six Bitcoin-linked mutual funds on Dec. 31, marking a significant step in the country's crypto investment landscape. local media outlets Calcalist and Globes reported.s The funds were introduced by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI.
Despite recent market volatility, the second-largest cryptocurrency by market cap Ethereum price has gained notable attention from investors. Recent on-chain data and market trends indicate a considerable surge in market interest in ETH, suggesting that the token could scale unseen price levels in 2025.
Ethereum (ETH) might be on track to triple its value, but significant hurdles remain.
Even though the price of Bitcoin has retreated lately from its all-time high of $108K, XRP continues to deliver gains to investors. Analysts believe that the contrasting performance of these two digital assets could be an early indication that the so-called alt-season is getting started.
Celebrate the season with a festive Bitcoin twist! From six-figure highs to institutional FOMO, "A Very Bitcoin Christmas" unwraps the magic of a holiday where hodlers thrive, adoption soars, and Santa's sleigh gets a bullish upgrade.
The crypto industry may have matured this year, but hackers made off with billions by targeting a mix of DeFi projects and exchanges.
Bitcoin is showing remarkable resilience as it holds strong above the $92,000 demand level, reflecting a bullish structure in the face of recent volatility. Yesterday, the leading cryptocurrency surged to $99,400, signaling renewed momentum and increasing optimism among investors.
Q4 2024 marked the start of a new crypto bull market cycle, with most projects rallying to impressive gains. However, some cryptocurrencies outperformed others, led by strong momentum and favorable narratives, which could happen again in Q1 2025.
As it became known today, Turkey is introducing stricter anti-money laundering (AML) regulations related to cryptocurrency. In particular, from Feb. 25, 2025, users who carry out transactions over 15,000 Turkish Liras, equivalent to $425, will be required to provide their identification information to the country's cryptocurrency service providers.
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.