A notable divergence has recently formed between the Coinbase Premium Index and Bitcoin's price, as sighted by CryptoQuant. This divergence tilts toward the negative side despite the momentous rally in the price of Bitcoin.
Metaplanet expects ¥890M ($5.8M) in revenue for FY2024, marking a 240% increase from last year. Bitcoin put options generated ¥520M, becoming a key revenue source.
Bitflow, a decentralized exchange (DEX), and Pontis, a decentralized finance (DeFi) platform, have introduced the first-ever Bitcoin Runes Automated Market Maker (AMM) on Stacks, a Bitcoin (BTC) Layer-2 (L2) scaling solution, as reported to Finbold on Wednesday, December 18.
TL;DR SatLayer integrates with the Sui blockchain to expand Bitcoin's use in DeFi applications, allowing developers to secure dApps with Bitcoin's value and security. The collaboration strengthens the security of decentralized applications on Sui, a blockchain focused on fast transactions and scalability.
The spot Ethereum exchange-traded fund (ETF) launched by the world's largest asset manager earlier this year now holds a substantial trove of ETH, having recently surpassed one million tokens. According to data from BlackRock's website, the iShares Ethereum Trust ETF (ETHA) the fund now holds 1.
Bitcoin's upside momentum is holding firm, reaching a new all-time high and showcasing potential for more price growth towards critical resistance levels. While the recent move has triggered a wave of optimism about its future performance, pessimism still lingers among many individuals.
A popular market analyst known for his timely crypto calls is predicting Ethereum (ETH) will suddenly return to its all-time high. Pseudonymous trader Pentoshi tells his 834,500 followers on the social media platform X that Ethereum may surge more than 23% from its current value and start outperforming against Bitcoin (ETH/BTC).
Renowned investor and author of the personal finance book ‘Rich Dad Poor Dad,' Robert Kiyosaki, has been bullish on Bitcoin (BTC) for years.
QCP Capital has issued a cautious outlook for markets ahead of the Federal Reserve's final meeting of 2024, citing potential volatility amid decreasing liquidity and technical signals for Bitcoin (CRYPTO: BTC). The firm also noted growing optimism for crypto in 2025, fueled in part by speculation surrounding Donald Trump's return to office and emerging Bitcoin-related policy proposals, such as a draft Executive Order for a strategic Bitcoin reserve.
Ethereum (ETH) has recently crossed the $4,000 mark, drawing attention as it edges closer to a critical resistance level. This milestone comes as on-chain data suggests that ETH is in the “belief phase,” a crucial stage in market cycles where confidence grows among long-term holders.
The Pudgy Penguins project has initiated a significant airdrop of its new token, PENGU, on the Solana blockchain, valued at $1.5 billion.
BNSOL's success is closely tied to the growth of Solana's ecosystem, which has seen its liquid staking ratio more than double in 2024.
Bitcoin and ethereum exchange-traded funds (ETFs) had a smashing day on Tuesday, gobbling up a collective total of $638.69 million in positive inflows. $639M Inflows Propel Bitcoin and Ethereum Funds U.S. crypto ETFs were on fire Tuesday with spot BTC ETFs hauling in $493.95 million and the ETH ETFs a bit further behind, capturing $144.
The venture between BitGo and BiT Global provided a reminder of the distrust many BTC holders still have for centralized custody, according to a new report
In an exclusive interview with Yahoo Finance, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, shared his bullish outlook on Bitcoin, projecting significant price appreciation by the end of 2025. “We expect Bitcoin to be up above $200,000 by this time next year,” Hougan stated, attributing this forecast to three primary sources of demand: exchange-traded funds (ETFs), corporate investments, and governmental acquisitions.
Daniele Bernardi shares key insights into the future price of Bitcoin.
The Bitcoin market has pulled back again in the early hours of Wednesday, as the market continues to see a lot of buying pressure regardless. At this point in time, the market remains a “buy on the dips” scenario.
Solana holds onto crucial levels of support as the crypto market recovers gradually from the sharp correction earlier in the day. It changes hands at $216.53, with Solana declining intraday at 2.33% so far.
President-elect Donald Trump on Monday met Crypto.com CEO Kris Marszalek to discuss topics related to the digital asset industry, including reportedly a strategic Bitcoin (CRYPTO: BTC) reserve. What Happened: The meeting focused on crafting a clear regulatory framework for digital assets and bolstering the U.S.'s leadership in crypto innovation, Bloomberg reported, citing a a person familiar with the discussion.
The price of Bitcoin is plummeting, falling below its peak and leading to significant market liquidations. Bitcoin is currently trading at $105154 with a slight downward trend, retracing from its recent highs of about $106,000, according to the price chart provided.
PENGU's debut sparked a surge on the Solana blockchain, resulting in more transactions than the combined activity of other leading blockchains.
Matthew Sigel, head of digital assets research at global asset management firm VanEck, suggested in a recent interview with Natalie Brunell that the U.S. government might establish a strategic Bitcoin reserve in 2024.
Ohio State Representative Derek Merrin introduced a bill to establish a Bitcoin reserve in the state's treasury. Ohio becomes the third US state to do so after Texas and Pennsylvania.
Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.
Bloomberg analysts, including Eric Balchunas and James Seyffart, have speculated that Litecoin and Hedera are likely to see their ETFs approved before Solana and XRP.
One popular analyst suggests that the bull run could be over in Q1, 2025.
A well-known crypto analyst has identified a selection of altcoins poised for growth following Bitcoin's recent rally.
Is adding Bitcoin to U.S. reserves a sign of weakness or strength? Let me tell you why Nic Carter has it all wrong.
Amid the altcoin recovery run, Solana witnesses a boost in network and price trends. As bulls prepare for a breakout run to $250, the on-chain growth supports the bullish trend chances.
SatLayer's integration with Sui is aimed at providing developers with a new way of leveraging Bitcoin to secure decentralized applications.
Metaplanet, a Japanese investment firm known for its Bitcoin accumulation strategy, is on track to achieve its first operating profit in seven years.
Solana's rise challenges Cardano's market position, but can Cardano reclaim its relevance in 2024?
In the rapidly evolving landscape of cryptocurrency, Cryptokeying has set a new standard for accessibility and profitability in cloud mining. The innovative platform offers a simplified approach to digital currency mining for both new and experienced investors.
Bitflow's automated market maker uses Stacks' Nakamoto upgrade with the aim of addressing some shortcomings inhibiting Runes trading.
The Trump administration's proposal to establish a US Bitcoin reserve has sparked significant debate among financial experts, crypto enthusiasts, and policymakers alike.
"There are no politically acceptable solutions available to Trump to quickly bring about such change," the BitMex co-founder wrote.
Ethereum price today trades at as of . The drop comes after ETH hit a daily high of after % move on.
Jeremy Allaire, Circle CEO and co-founder, recently discussed stablecoin legislation and Bitcoin's role within the global financial sector. Allaire, a long-time voice in the crypto space, said constructive regulation should continue to help the growth and innovation of the digital asset market.
Deutsche Bank's Ethereum L2 initiative could revolutionize blockchain use in finance by enhancing compliance and security for regulated entities. The post German banking giant develops Ethereum L2 using ZKsync appeared first on Crypto Briefing.
Sellers have returned to the game, according to CoinMarketCap.
Robert Kiyosaki, finance expert and investor, also famous as the author of the popular book on asset management “Rich Dad Poor Dad”, has taken to his official account on the social media platform X (widely known as Twitter previously) to make a stunning Bitcoin price prediction for next year.
Markets are on edge ahead of the Federal Reserve's final meeting of 2024, with investor focus shifting to the central bank's projections for 2025 rate cuts rather than the widely expected 25-basis-point reduction. What Happened: The outcomes of the projections could trigger vastly different market reactions, from relief rallies to sharp declines.
Ohio lawmaker Derek Merrin introduced a groundbreaking bill to establish a Strategic Bitcoin Reserve within the state treasury, according to a Dec. 17 statement.
TL;DR Deutsche Bank has launched Project Dama 2, a Layer 2 solution integrating with Ethereum to address regulatory challenges and enhance transaction efficiency for financial institutions. Developed with Memento Blockchain Pte and Interop Labs, Dama 2 uses ZKsync technology to allow banks to explore public blockchains securely and customize validator lists for compliance.
The billionaire Michael Saylor, the executive chairman of enterprise software provider MicroStrategy (MSTR -5.41%), is a prominent Bitcoin (BTC -2.24%) bull. This view has worked out nicely for him after the world's most valuable cryptocurrency has seen its price surge 151% in 2024 (as of the afternoon of Dec. 17).
Deutsche Bank is reportedly building a Layer 2 under an asset-servicing pilot project called Dama 2 as part of the lender's goal to clear regulatory hurdles for institutions who want to use public blockchains.
Cango Inc., a Shanghai-based automotive transaction service platform, announced that it had completed the $256M cash-settled acquisition of on-rack crypto mining machines with 32 EH/s of hashrate from Bitmain.
Bitwise expands its suite of crypto staking solutions with the launch of a solana staking exchange-traded product (ETP). Solana ETP Launched in Europe While Bitwise U.S. Solana ETF Stalls Bitwise, a crypto asset management firm has introduced a Solana staking exchange-traded product (ETP) in Europe with the ticker BSOL.