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.
While top altcoins like Dogecoin (DOGE) and Ripple (XRP) are popular, the ROI is limited, making them less appealing to savvy investors. In contrast, DTX Exchange (DTX) is set for almost a 100% gain after its debut, scheduled to go live on Tier-1 exchanges in the coming weeks.
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.
Despite recent market volatility, the second-largest cryptocurrency by market cap Ethereum price has gained notable attention from investors. Recent on-chain data and market trends indicate a considerable surge in market interest in ETH, suggesting that the token could scale unseen price levels in 2025.
Ethereum (ETH) might be on track to triple its value, but significant hurdles remain.
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.
Q4 2024 marked the start of a new crypto bull market cycle, with most projects rallying to impressive gains. However, some cryptocurrencies outperformed others, led by strong momentum and favorable narratives, which could happen again in Q1 2025.
As it became known today, Turkey is introducing stricter anti-money laundering (AML) regulations related to cryptocurrency. In particular, from Feb. 25, 2025, users who carry out transactions over 15,000 Turkish Liras, equivalent to $425, will be required to provide their identification information to the country's cryptocurrency service providers.
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 market is neither bullish nor bearish on Christmas, according to CoinMarketCap.
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.
A trend has formed where Ethereum (ETH) is still the leader in nominal value locked, but has a smaller share of the DeFi market as a whole.
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.
At the dawn of 2025, Ethereum is poised to undergo a major transformation that could redefine its role within the crypto ecosystem. Following a lackluster performance in 2024, the signs of a resurgence are intensifying.
The ongoing bull cycle has seen XRP take center stage, rising above competitors like Solana and Binance coin to become the fourth-highest-ranked crypto. The 350% surge has reignited interest in the once SEC-doomed coin, with the price reaching a six-year high of $2.74 before consolidating around $2.40.
XRP price is currently the fourth largest cryptocurrency by market cap, with a valuation of $130 billion. Despite its strong position, XRP has faced a 10.4% decline over the past seven days, reflecting a period of consolidation following its historic rally in November and December.
XRP price has recorded a slight decline today, following its massive rally over the past few months. Notably, the crypto has crossed the brief $2 mark for the first time since 2018 recently, with recent market trends indicating a further rally ahead.
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.
The XRP Ledger (XRPL) has achieved a significant milestone, surpassing 93 million ledgers successfully closed. This milestone highlights the XRP Ledger network's resilience, efficiency and expanding use over the years.
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.
On-chain data shows an XRP whale has moved a large amount of the asset to Coinbase following a 4% Christmas rally in its price. XRP Is Up More Than 4% On Christmas Day After a period of struggle in cryptocurrencies across the board, Christmas has brought back some bullish winds as Bitcoin and company have made some recovery.
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.
Recent charts of Ethereum have shown an interesting picture with analysts, keeping a close eye on what may be an inverse Head and Shoulders pattern. Looking at this formation over a longer period of time, it appears that Ethereum might be preparing for a big breakout.
Ether ETFs surpassed $2.5B in inflows, signaling optimism despite a 10% price drop and resistance at $3,500. Institutions like VanEck predict a $6,000 cycle top for Ether price during 2025.
Ether ETFs surpassed $2.5B in inflows, signaling optimism despite a 10% price drop and resistance at $3,500. Institutions like VanEck predict a $6,000 cycle top for Ether price during 2025.