Bitcoin has sent the community in shock by nose diving 11.25% in the past 3 days. It lost almost $12,000 from its value and is currently trading at $94,715 and the crypto market faced a $1.10 billion liquidation. This is a great time for bears while long traders are paying hefty prices.

Ethereum fell back to the $3.3K mark, losing by over 8%. The market saw $187.38 million worth of Ethereum liquidated.

The US Bitcoin Exchange Traded Funds (ETFs) hit their largest net outflow of $671.9 million. Fidelity's FBTC led the charge with a record $208.5 million outflow, while BlackRock's IBIT stood steady with a $0 net flow.

Yesterday's Federal Reserve meeting resulted in a 25 basis point rate cut and a revised policy indicating fewer cuts than anticipated next year. The announcement triggered a significant market retrace, with Bitcoin leading the downturn.

The crypto industry experienced a transformative year in 2024, marked by rapid user acquisition and shifting ecosystem dynamics.

Hut 8 Mining expands its Bitcoin holdings to over $1 billion with a $100 million acquisition, showcasing its strategic approach to Bitcoin as a reserve asset.

Ethereum has experienced a 7% price decline, breaking below multiple support levels to trade under $3,550, with technical indicators suggesting continued bearish pressure in the immediate term.

Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.

A widely followed cryptocurrency analyst and trader is saying that an altcoin in the Solana (SOL) ecosystem is at a critical juncture. The analyst pseudonymously known as Sherpa tells his 234,700 followers on the social media platform X that the memecoin Popcat (POPCAT) is at a “do-or-die” level.

BTC's price has tumbled by over $13,000 in a few days - is the bull market over?

Mining company Hut 8 has purchased 990 Bitcoin for $100 million, pushing its total holdings above $1 billion and placing it among the top 10 corporate Bitcoin holders globally.

El Salvador is accelerating its Bitcoin acquisition strategy, even as it scales back specific policies following an agreement with the International Monetary Fund (IMF). On Dec. 20, the country's National Bitcoin Office announced the purchase of 11 BTC for about $1 million.

El Salvador made headlines again with a $1 million Bitcoin purchase days after signing a $1.4 billion financing agreement with the International Monetary Fund. The deal includes new restrictions on the nations cryptocurrency transactions and policies.

Spot Ether ETFs experienced major outflows totaling $60.47 million as Ether's price plunged over 9% in the past 24 hours.

On Friday, Chinese President Xi Jinping emphasized the need for Macau to prioritize economic diversification as its “first” objective during a three-day visit to the Chinese gambling hub. The trip marked the 25th anniversary of Macau's handover from Portugal, as the city aims to expand its role within China's mainland economic framework.

Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.

Kim Jong Un‘s North Korean hackers have reportedly stolen a staggering $1.3 billion in cryptocurrencies this year. This amount represents more than half of the total $2.2 billion stolen globally, according to research firm Chainalysis.

The exchange-traded funds lost a record $671.9 million as bitcoin extended post-Fed losses below $100,000.

Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain combining Bitcoin and Ethereum's features, has integrated with Babylon, a bitcoin (BTC) staking protocol, to achieve Bitcoin-Secured Network (BSN) status. Babylon Collaboration Expands BOB's Bitcoin Defi Ecosystem According to BOB's announcement shared with Bitcoin.

US Bitcoin ETFs recorded their largest-ever single-day outflow of $680 million on December 19, 2024, led by Fidelity's FBTC with $208.55 million in withdrawals, as investors responded to the Federal Reserve's hawkish outlook on future interest rate cuts.

The crypto market in the last 24 hours has seen 361,972 traders getting liquidated, losing over $1.17 billion. This comes after Bitcoin's price dropped 7%, hitting a low of $95,500 after achieving a historic high of $108,268, it lost about 12% of its value in just three days.

Bitcoin exchange-traded funds recorded their largest single-day outflows of $671.9 million on Dec. 19, contributing to Bitcoins price dip below $97,000. The sell-off triggered over $1 billion in market liquidations and highlighted the crypto markets growing volatility.

Bitcoin's price dropped to $97,000 following the Federal Reserve's surprisingly conservative outlook for future rate cuts, triggering a broader cryptocurrency market decline.

Billy Markus, one of the two founders of the original meme cryptocurrency Dogecoin launched in 2013, has published a post where he commented on the massive price fall faced by Bitcoin, Ethereum, and Dogecoin, along with the rest of the crypto market over the last 24 hours.

Bitcoin price has injected a bearish sentiment in the market with a return to five digits. However, there's good reason to expect a reversal.

Even as Bitcoin sinks below $100,000, the cryptocurrency market is buzzing with “buy the dip” sentiment analysis platform Santiment reveals.

Over $1.04 billion was liquidated in 24 hours, with long traders losing more than $869.88 million.

Bitcoin ETFs see record $671.9M outflows on Dec. 19, coinciding with Bitcoin's price dip and marketwide liquidations.

El Salvador has reached a preliminary arrangement with the International Monetary Fund (IMF) on a $1.4 billion loan.

The SEC has approved the launch of crypto index ETFs from Hashdex and Franklin Templeton, offering exposure to Bitcoin and Ethereum. They are set to launch in January.

The crypto market took a sudden hit as El Salvador struck a $1.4 billion deal with the IMF. The country agreed to bring some adjustments to its Bitcoin Policy, and this news shook the market. This created waves of bearish momentum causing all major cryptos to plummet while memecoins maintained their course.

The insatiability of crypto investors is one to reckon with. Recently, Bitcoin hit a historic price past $100K following Donald Trump's win in the POTUS race.

The crypto market has reached a significant milestone as the US Securities and Exchange Commission (SEC) approves two groundbreaking exchange-traded funds (ETFs). The Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF offer a unique proposition, blending spot Bitcoin and Ethereum investments into one streamlined package.

Cathie Wood, who is the CEO and chief investment officer of Ark Invest, made a prediction during an interview with Bloomberg, suggesting that Bitcoin will hit a price of $1 million by 2030.

Deutsche Bank, one of the major European banking groups, is exploring various Layer-2 solutions on Ethereum.

Metaplanet Inc. has raised 9.5 billion yen ($60.6 million) through two tranches of bond issuance aimed at accelerating its Bitcoin purchases. The post Metaplanet Raises 9.5 Billion Yen for Accelerated Bitcoin Purchases Through Bond Issuance appeared first on Cryptonews.

Ethereum (ETH) has experienced sharp declines in recent days, forcing some of the cryptocurrency's largest holders to liquidate significant amounts of their holdings. According to market tracker LookonChain, the price of Ethereum has fallen by 18.35% from its Monday high of $4,109, forming a bearish engulfing pattern on the daily chart.

GLJ Research CEO Gordon Johnson intensified criticism of Bitcoin (CRYPTO: BTC) on Thursday, echoing late Berkshire Hathaway Inc. Vice Chairman Charlie Munger‘s skepticism and targeting major financial institutions for their role in cryptocurrency markets. What Happened: “Bitcoin, as Charlie Munger said, is rat poison,” Johnson wrote on X.

Craig Wright, who falsely claimed to be bitcoin's creator, faces a suspended jail term for contempt after violating a court order and filing a £911 billion lawsuit.

BTC price downside is due to produce new long-term lows before recovering, according to the analyst who predicted the breakout to $95,000.

The Bitcoin (BTC) market is going through a turbulent phase, marked by a notable decline after flirting with $99,000. This correction currently brings its price down to $96,600, raising concerns about a possible continuation of the drop.

Blockstream CEO Adam Back has weighed in on the most recent controversy surrounding Bitcoin and financial titan BlackRock.

Economist Henrik Zeberg is leaning bullish on Bitcoin (BTC) amid the flagship crypto asset's brief dip of nearly 10% earlier this week. Zeberg tells his 170,600 followers on the social media platform X that the anticipated “Christmas rally is still on.

El Salvador, the pioneering nation that made Bitcoin a legal tender, has reached a significant agreement with the International Monetary Fund (IMF) for a $1.4 billion loan.

Tether's $40 million daily inflows indicate rising investor confidence in Bitcoin.

The crowd seems to be looking for proper buying opportunities.

Mark Yusko of Morgan Creek Capital Management, recently opened up about Trump's approach to cryptocurrencies, revealing that Trump and his son are heavily investing in assets like HBAR and XRP, which might be approved for ETFs next year. He also said that Trump is heavily investing in Bitcoin as well.

Bitcoin (BTC)'s foray into the $100,000-plus zone came to a screeching halt yesterday evening when the world's largest cryptocurrency fell nearly three percentage points against the US dollar. It was the second day of sizable losses following a 5.6% dip on Wednesday.