Bitcoin ETFs see record $671.9M outflows on Dec. 19, coinciding with Bitcoin’s price dip and marketwide liquidations.
Bitcoin news
Initially owing creditors $4.2 million, Cryptopia’s liquidator Grant Thornton distributed at least $225 million in crypto to hack victims in December 2024.
BTC price downside is due to produce new long-term lows before recovering, according to the analyst who predicted the breakout to $95,000.
El Salvador purchased 11 Bitcoin only a day after reaching a $1.4 million IMF loan deal that called to reduce public sector engagement in “Bitcoin-related economic activities.”
The ratio of mentions on social media for “buying the dip” has ramped up as Bitcoin dropped below the six-figure price level just days before Christmas, according to Santiment.
Securities exchange NYSE Arca has also expressed interest in listing a Grayscale crypto index ETF holding a diverse basket of spot crypto but has yet to receive approval.
A crypto analyst says we are yet to see the “Santa rally” the market has been hoping for after $1 billion was liquidated in the crypto markets in just 24 hours.
The Bitcoin Reserve Act could break the Halving cycle. Is this four year cycle going to play out differently, will we enter the mythical Supercycle?
A widely used Bitcoin technical analysis indicator suggests that BTC is on the verge of a “walk up” toward new all-time highs.
It will be among the first tokens to launch on Hyperliquid, a layer-1 network specializing in trading.