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news-imageDecember 20, 2024

US SEC Approves Franklin, Hashdex ETFs Holding Bitcoin and Ethereum

The United States Securities and Exchange Commission (SEC) has approved dual cryptocurrency ETFs from Franklin Templeton and Hashdex. This marks a major step toward integrating Bitcoin and Ethereum into traditional financial markets through regulated investment products.
Publisher: Coingape
Sentiment: Positive
BTC
ETH

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Neutral
cover-imageCryptopolitan
December 20, 2024

Is Xi Jinping letting its territories outside mainland China invest in what he can't? Gambling and Bitcoin in play

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.

Positive
cover-imageBitcoin
December 20, 2024

Hybrid L2 BOB Leverages Babylon for Bitcoin Finality

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.

Negative
cover-imageCoinPedia
December 20, 2024

Crypto Crash Alert: Bitcoin Slips Below $96K, Altcoins Tumble

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.

Negative
cover-imageCryptopolitan
December 20, 2024

Ethereum price drop forces whales to sell ETH in millions to repay debts

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.

Negative
cover-imageBenzinga
December 20, 2024

Gordon Johnson Revives Charlie Munger's Criticism Of Bitcoin As 'Rat Poison,' Calls It 'Worthless' With BTC Falling Below $100,000: 'Purely Speculative Tulip That's In A Bubble'

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.

Negative
cover-imageProactive Investors
December 20, 2024

Bitcoin slips below $100,000

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.

Neutral
cover-imageNewsBTC
December 20, 2024

As Bitcoin Reclaims $100,000, Warning Signs Emerge from Long-Term Investors

Before yesterday's plunge, Bitcoin recent rally was able to propel the asset to a new all-time high of $108,000, marking another significant milestone in its upward trajectory. However, according to latest analysis, this notable price surge is accompanied by signs of potential market volatility, as long-term holders begin to exhibit selling activity.

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