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news-imageDecember 17, 2024

sBTC Launches on Stacks Mainnet, Bringing Bitcoin DeFi to Life

Bitcoin L2 Labs, the core development team behind Stacks, announced the successful mainnet launch of a programmable 1:1 Bitcoin-backed asset, sBTC. It marks a major step toward building an on-chain Bitcoin economy and follows October's Nakamoto Upgrade, which delivered faster transactions and 100% Bitcoin finality to the Stacks network.
Publisher: BeInCrypto
Sentiment: Positive
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Positive
cover-imageCrypto news
December 17, 2024

Bitcoin spot ETF net inflow reaches $637m

Growing institutional confidence is indicated by Bitcoin's record-breaking gain and consistent ETF inflows. According to statistics from SoSoValue, Bitcoin (BTC) spot ETFs showed a net inflow of $637 million on Dec.

Positive
cover-imageInvezz
December 17, 2024

Bitcoin surges to $107K as crypto market gains momentum

The cryptocurrency market experienced a bullish rally on December 17, with Bitcoin (BTC) crossing an all-time high of $107,700. The global crypto market cap increased by 1% to reach $3.72 trillion, while trading volume soared 34% to $211 billion, signaling heightened investor activity.

Neutral
cover-imageCoinPedia
December 17, 2024

Mt.Gox Bitcoin Payout: Exchange Moves $152M Ahead of Major Repayments

As defunct cryptocurrency exchange, Mt.Gox prepares to wind down its restructuring process in the coming months, on-chain data shows a notable increase in Bitcoin (BTC) transfers. Furthermore, Mt.Gox has until October 2025 to finalize repayment to distressed creditors, after a lengthy period of around a decade. Mt.

Positive
cover-imageNewsBTC
December 17, 2024

Bitcoin's Next Big Move? Key Metric Reveals When to Cash In Profits

Bitcoin recent price momentum which led to a renewal of its all-time high (ATH) appears to have reignited interest in key metrics used to time market entries and exits. Among these, the Stock-to-Flow (S2F) reversion metric has been highlighted by a CryptoQuant analyst known as Darkfost, who shared insights on its current implications for Bitcoin investors.

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