Cryptocurrency - news
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20.12.2024 18:36 The company announced the acquisition of $1 million in Bitcoin and other cryptocurrencies on Dec. 20, triggering a 10% drop in its stock. cointelegraph.com |
20.12.2024 18:30 Interestingly, Haliey Welch was not listed as a defendant in the lawsuit and her most recent response may explain why. HAWK Memecoin Investors File Suit Disgruntled investors will finally have their day in court after buying the HAWK memecoin on December 4, only to see it implode and lose more than 90% of its value […] bitcoin.com |
20.12.2024 18:00 Bitcoin is under intense bearish pressure as it struggles to reclaim the $99,575 mark, a key resistance level that has proven to be a significant hurdle. After an impressive rally earlier in the month, BTC’s momentum has slowed, with sellers taking control and keeping the cryptocurrency in a tight range below this critical threshold. The current price action highlights growing uncertainty in the market, as bulls attempt to regain strength while bears capitalize on every opportunity to push prices lower. With $99,575 marked as a pivotal point, the next moves could set the stage for Bitcoin’s short-term trend. Will the bulls manage a breakthrough, or will bearish dominance prevail? The coming days hold the answer. Bitcoin Struggles Below The Critical $99,575 Resistance Level Bitcoin is currently facing significant resistance at the $99,575 level as its price fights to break above this critical threshold. Despite attempts to rally, bearish pressure has kept BTC confined below this key [...] newsbtc.com |
20.12.2024 17:42 Nic Carter lays out his arguments against a Bitcoin Strategic Reserve. bitcoinmagazine.com |
20.12.2024 17:20 Crypto firm Gate.io has revealed plans to discontinue perpetual contracts for five well-known privacy coins. Gate.io to Delist Privacy Coin Perpetuals Starting Dec. 25, 2024, trading for monero (XMR), dash (DASH), zcash (ZEC), horizen (ZEN), and verge (XVG) will switch to “reduce-only” mode, allowing traders to close existing positions but not open new ones. By […] bitcoin.com |
20.12.2024 17:00 Meme coins are taking a beating, with the market turning red as traders rush to cash out. But even in the midst of the selloff, two new projects are grabbing attention. Flockerz (FLOCK) and Crypto All-Stars (STARS), both in their ICO phase, offer a clear contrast to the declining fortunes of established meme coins. Meme […] bitcoin.com |
20.12.2024 16:39 BTC price weakness finds support at familiar levels with Bitcoin traders seeing historical patterns playing out. cointelegraph.com |
20.12.2024 16:30 The Bitcoin price has dropped below the $100,000 psychological level and is now holding between the $96,000 and $98,000 range. Crypto analyst Ali Martinez provided insights into why Bitcoin could be holding well within this range. Why The Bitcoin Price Is Holding Steady Between $96,000 And $98,000 In an X post, Ali Martinez noted that one of the most important support levels for the Bitcoin price is between $98,830 and $95,830, where 1.09 wallets bought over 1.16 million BTC. This explains why Bitcoin is holding steady between $96,000 and $98,000 as investors who bought between this level continue to provide huge support for the flagship crypto. Related Reading: Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What’s Going On? As Martinez suggested, it is important for these holders to continue to hold steady as a wave of sell-offs could send the Bitcoin price tumbling even below $90,000. The flagship crypto dropped below $100,000 following the [...] newsbtc.com |
20.12.2024 16:27 Bitcoin’s price correction dragged major altcoins with it with the global crypto market cap decreasing by 9.53%. Major Altcoins Follow BTC Dip Bitcoin‘s price correction extended into Friday, Dec. 20, as the number one crypto continued to shed its recent gains. Over the past 48 hours, BTC has dipped by over 13%, dropping from an […] bitcoin.com |
20.12.2024 15:47 I'm in favor of BIP 21Q – it's a clever way to resolve known problems with Bitcoin denominations. bitcoinmagazine.com |
20.12.2024 15:34 The U.S. Securities and Exchange Commission (SEC) has given the green light to two cryptocurrency index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton, heralding a new era for regulated crypto investments. SEC’s Approval Unleashes New Crypto ETFs These ETFs blend exposure to both spot-based bitcoin (BTC) and ethereum (ETH), providing investors with a mix […] bitcoin.com |
20.12.2024 15:13 BPCE’s crypto subsidiary, Hexarq, is the second banking crypto outfit to receive a nod from French regulator AMF after Société Générale’s Forge. cointelegraph.com |
20.12.2024 15:11 Ripple’s XRP dropped nearly 10% in the past day as the crypto market
faced downward pressure. This downtrend, which has wiped 7% off the global market cap, followed a federal reserve rate cut and a significant outflow
from Bitcoin-focused ETFs. The Federal Reserve's announcement of a 0.25% rate
cut, coupled with Jerome Powell’s cautious outlook for 2024, triggered a wave
of selling in crypto markets. Data from CoinMarketCap shows that the overall crypto market capitalization is down 7% to $3.28 trillion. Federal Reserve Sparks Market SelloffWhile the rate reduction was widely anticipated,
Powell’s suggestion of a pause in monetary easing caught investors off guard.
Inflation concerns and uncertainty around fiscal policies added further
pressure.Adding to the turmoil, spot Bitcoin ETFs reportedly recorded
massive outflows, with more than $600 million withdrawn in just 24 hours. High-profile
ETFs like Fidelity’s FBTC and Grayscale’s BTC accounted for the biggest share, CryptoPotato [...] financemagnates.com |
20.12.2024 15:00 Bitcoin’s price retracement from its new all-time high of $108,353 on Tuesday to around $96,000 (a -11.5% pullback) has ignited intense speculation about whether the current bull cycle is nearing its peak. To address growing uncertainty, Rafael Schultze-Kraft, co-founder of on-chain analytics provider Glassnode, released a thread on X detailing 18 on-chain metrics and models. “Where is the Bitcoin TOP?” Schultze-Kraft asked, before laying out his detailed analysis. Has Bitcoin Reached Its Cycle Top? 1/ MVRV Ratio: A longstanding measure of unrealized profitability, the MVRV ratio compares market value to realized value. Historically, readings above 7 signaled overheated conditions. “Currently hovering around 3 – room to grow,” Schultze-Kraft noted. This suggests that, in terms of aggregate unrealized profit, the market is not yet at levels that have previously coincided with macro tops. 2/ MVRV Pricing Bands: These bands are derived from the number of days MVRV has spent at extreme [...] newsbtc.com |
20.12.2024 15:00 Accessing Bitcoin and crypto just got easier. Bitcoin.com has dramatically expanded its supported payment methods in over 190 countries, making it simpler and more affordable for people everywhere to buy and sell crypto. This enhanced functionality, powered by Onramper, allows users to seamlessly on- and offramp between fiat and crypto using the payment methods that […] bitcoin.com |
20.12.2024 15:00 2024 cemented the UAE’s status as a global crypto hub as its landscape changed substantially with new stablecoin regulations, tax exemptions and stricter marketing rules. cointelegraph.com |
20.12.2024 14:54 Explore key Bitcoin metrics like the Puell Multiple and MVRV Z-Score to understand this cycle’s progress, anticipate price peaks, and prepare for Bitcoin’s potential path toward $200K. bitcoinmagazine.com |
20.12.2024 14:54 Explore key Bitcoin metrics like the Puell Multiple and MVRV Z-Score to understand this cycle’s progress, anticipate price peaks, and prepare for Bitcoin’s potential path toward $200K. bitcoinmagazine.com |
20.12.2024 14:29 Bitget, a cryptocurrency exchange and Web3 company announced a partnership with Tron, a blockchain network known for its role in onchain settlement. Bitget Joins Forces With Tron According to the news shared with Bitcoin.com News, the collaboration includes Bitget‘s $10 million purchase of Tron’s native token, TRX. The Seychelles-based exchange cited Tron’s extensive adoption as […] bitcoin.com |
20.12.2024 14:13 Cathie Wood predicts a surge in M&A activity under Trump’s administration, driven by deregulation and reduced FTC barriers. cointelegraph.com |
20.12.2024 14:00 PRESS RELEASE. Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic collaboration with SunPump, the premier memecoin fair launch and trading platform on the TRON network. This partnership signifies a monumental stride in the development and expansion of TRON’s burgeoning memecoin ecosystem, unlocking a plethora of opportunities for groundbreaking projects and community-centric […] bitcoin.com |
20.12.2024 13:46 Bitcoin (BTC) plunged over 9% on Friday to a 24-hour low of $92,118 at 6:30 a.m. Eastern Time. Bitcoin’s Sharp Decline Leads $1.4 Billion in Derivatives Liquidations This crash marks one of the most dramatic dips for the cryptocurrency this month. The wider crypto scene didn’t fare much better, shrinking by 11.94% to a total […] bitcoin.com |
20.12.2024 13:41 A new multi-territory licensing agreement between Audius and ICE opens up royalty opportunities for over 330,000 music rights holders. cointelegraph.com |
20.12.2024 13:30 Sui Network, the layer-1 blockchain, has gained interest in the cryptocurrency space due to its excellent performance and speed. Since its launch in May 2023, Sui quickly positioned itself as a huge player in the blockchain platform sphere, especially in real-time applications such as gaming and DeFi. Related Reading: Solana Poised For Growth In 2025 With Record $173 Million Q3 Funding—Report SUI: Surge In Popularity The expanding user base and market performance of SUI reflect a rise in interest. Lately, the price of the altcoin attained an unprecedented peak of nearly $5. Analysts predict that the coin may see further appreciation, potentially attaining $5.10, or even $6, by year-end. Sui’s unique design lets it handle up to 300,000 transactions per second, making it faster than blockchains that process transactions one by one. This speed appeals to both users and developers. Several elements also contribute to this impressive feat, among them the introduction of new features like [...] newsbtc.com |
20.12.2024 13:30 Blackrock’s recently posted video explaining the basics of bitcoin to investors has raised questions about the staying power of the so-called hard cap issuance limit. In the video, Blackrock explains that there is “no guarantee” that the 21 million supply cap will not be changed, opening a debate on the ossification of the top cryptocurrency. […] bitcoin.com |