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.

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.

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.

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.

U.S. spot Bitcoin exchange-traded funds (ETFs) faced significant net outflows on Tuesday, totaling $338.4 million.

Six Bitcoin mutual funds are slated to launch in Israel next week following last week's approval by the Israel Securities Authority (ISA), Israeli newspaper Calcalist allegedly reported Wednesday. The post Israel Launching Six Bitcoin Mutual Funds Next Week: Report appeared first on Cryptonews.

Some analysts underestimated the effect of the bull season and placed BTC below $100,000 at year's end, while others expected the asset to rally well above the price mark.

Israel is getting prepared to welcome six Bitcoin (BTC) mutual funds. This launch will come one week after the Israel Securities Authority (ISA) granted final approval for the products.

MicroStrategy boss Michael Saylor has published a regular daily tweet to endorse the world's flagship cryptocurrency Bitcoin, on which his company has made a big bet, investing billions of U.S. dollars of raised funds this year.

Russian companies have started using Bitcoin and other digital currencies for cross-border payments following new laws enabling such transactions.

Russia's Finance Minister Anton Siluanov has announced that Russian companies have started using Bitcoin and other cryptos for international trade. “Such transactions are already occurring.

U.S. spot Bitcoin ETFs recorded $1.52 billion in outflows over four days. Digital asset investment products saw $308 million in net inflows last week.

Eleven months and thirteen days ago, the U.S. welcomed its first spot bitcoin exchange-traded funds (ETFs) into the fold of traditional finance (tradfi). Since their debut, these ETFs have not only broken records but have also amassed more than a million bitcoins.

Bitcoin needs to reclaim old support to continue next leg up.

Russia has all legal tools to use digital financial assets and Bitcoin in foreign trade, Finance Minister Anton Siluanov said.

The holiday spirit failed to bring any stability to the crypto market, with Bitcoin seeing its price drop from $97,300 on Dec. 22 to $94,800 on Dec. 24. Christmas Day saw a slight recovery, but Bitcoin consolidated back to $98,000 as it met significant resistance above $99,000.

Will historical trends repeat and lift ETH in January and overall Q1 2025?

Russia is shaking things up. Faced with mounting sanctions and struggling trade routes, the country is turning to Bitcoin and other digital currencies. This move isn't just about innovation—it's survival. With sanctions squeezing traditional payment systems, Russia wants to keep trade alive, no matter what.

Several U.S. states, including Texas, Pennsylvania, and Ohio, have proposed creating Strategic Bitcoin Reserves to strengthen local economies as Bitcoin's value rises.

Prominent trader Skew has expressed cautious optimism over the current trends amid the recent Bitcoin rally, claiming that the market appeared to favor bulls. The post Bitcoin Bullish Momentum Builds Amid Holiday Calm, Popular Trader Says appeared first on Cryptonews.

Key Points:

Russia is shifting its focus towards Bitcoin and other cryptocurrencies recently, Finance Minister Anton Siluanov confirmed. According to his recent statement, the Russian firms are already using BTC and other digital currencies for foreign trade after recent legislative changes.

Bitcoin's historical Christmas rallies align with halving cycles. BTC eyes $150K in 2025, but key resistance at $101K and support at $69K will define its next moves.

Bitcoin's price momentum has slowed, struggling to sustain the bullish energy generated in recent weeks. Currently priced at $98,166, the crypto king is hovering just below the psychological $100,000 resistance level.

Russia's use of crypto for trade may undermine Western sanctions, potentially reshaping global financial systems and regulatory approaches. The post Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says appeared first on Crypto Briefing.

Bitcoin climbed past $99,000 on Christmas day, driven by renewed optimism that energized the market. According to CryptoSlate's data, the leading digital asset gained over 5% in the last 24 hours, recovering from a weekly low of $92,973.

Although Bitcoin (BTC) price has crashed 15% from its ATH of $108,421.80, can it hit $250K before 2024 ends? The answer to the question posed in the title is a clear and resounding “No.

The crypto market experienced a genuine Christmas rally on December 25, 2024, with Bitcoin soaring to $98,000, resulting in an overall increase that added more than $100 billion to the market's total capitalization.

Could this signal a surprising shift in crypto dominance?

Bitcoin struggles below $100,000 amid holiday illiquidity, but analysts predict a rally above $105,000 post-Christmas, citing macro trends.

Bitcoin and Ethereum form bullish patterns after the short correction, while XRP remains in a favourable price trend, awaiting its next breakout.

While the market was red last week, crypto saw some action in the last 24 hours with with Bitcoin, Ethereum, and altcoins rebounding. The king crypto Bitcoin went up from $94K to $99K which is seen as a “Santa Claus rally,” but it could also be a profit-taking shift.

The Israel Securities Authority approval was granted last week, Calcalist reported.

Bitcoin reaches $98,270 as it faces record ETF outflows and tests key $100K resistance. Will the bullish momentum continue? Find out in our analysis The post Bitcoin Breaks Key $98K Level – Is the Market Ready to Soar Again? appeared first on Cryptonews.

Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.