Bitcoin

CoinW’s Crypto Industry Insights and Market Trends for 2024

Towards the close of 2024, the cryptocurrency market experienced a notable transformation, reaching a total market capitalization of around $3.908 trillion on December 17. This increase was largely fueled by Bitcoin’s ascent past $100,000 for th...

16 Jan 2025

Upbit Under Fire: South Korean Regulator Orders Halt on New Users

The South Korean Financial Intelligence Unit (FIU) has ordered Upbit to temporarily halt services for new users after finding numerous violations of the Specific Financial Transaction Information Act. South Korean Crypto Industry Watches Upbit Case Clo...

16 Jan 2025

Litecoin Leaps Double Digits Overnight: Can the ‘Silver to Bitcoin’s Gold’ Shine Again?

On Thursday, the cryptocurrency market experienced a slight uptick over the past 24 hours, with litecoin (LTC) emerging as one of the day’s standout performers, achieving double-digit gains against the U.S. dollar. Litecoin Shines In its earlier...

16 Jan 2025

XRP, Solana Prices Soar as Investors Stack Solaxy Ahead of Next Bull Cycle

The crypto market is heating up again, with XRP and Solana soaring in the past 24 hours. Meanwhile, investors are piling into the Solaxy presale, aiming to get early exposure to this new Layer-2 scaling solution ahead of the next bull run. XRP Price De...

16 Jan 2025

XRP Nears Historic Highs: Over 23% of Supply Held by Just 11 Exchanges

As XRP reaches new price milestones in 2025, drawing closer to its historic peak, a considerable share of the digital asset resides on centralized exchange (cex) platforms. According to data from Cryptoquant, over 23% of the 57 billion tokens in circul...

16 Jan 2025

Unknown nation considering Bitcoin as an alternative to traditional bonds, Bitwise CEO reveals

A national government is reportedly exploring Bitcoin as an alternative to its foreign currency bonds. On Jan. 16, Hunter Horsley, the CEO of Bitwise, revealed this development, noting that his firm had supplied detailed information to the government about Bitcoin exchange-traded funds (ETFs). According to Horsley, the government is examining the potential of reallocating part […]
The post Unknown nation considering Bitcoin as an alternative to traditional bonds, Bitwise CEO reveals appeared first on CryptoSlate.

16 Jan 2025

Bitcoin ETFs Halt Four Days of Outflows With $755 Million Inflow

ETF data from Jan. 15 reveals a strong rebound for bitcoin ETFs after four days of successive outflows, with ether ETFs also seeing another day of inflows. Bitcoin ETFs Back in the Green After Consecutive Losses Bitcoin exchange-traded funds (ETFs) exp...

16 Jan 2025

Solidus AI TECH Announces AgentForge: A Revolutionary Platform for Creating Web3 AI Agents

PRESS RELEASE. Solidus AI TECH is preparing to launch AgentForge, a groundbreaking platform designed to redefine how users interact with Web3. By harnessing the power of artificial intelligence, Agent Forge enables anyone — not just developers — to cre...

16 Jan 2025

Dogecoin, XRP Lead Crypto Rebound, Bitcoin Tops $96K as Traders Await Key Inflation Data

The selloff in stocks and cryptocurrencies could mean Donald Trump's inauguration will less likely be a sell the news event, K33 Research said.

14 Jan 2025

Italy’s largest bank Intesa Sanpaolo enters Bitcoin market with initial €1 million investment

Intesa Sanpaolo, Italy’s largest bank, has reportedly entered the Bitcoin market by acquiring €1 million worth of the leading digital asset. This translates to approximately 11 BTC, according to an internal email allegedly signed by Niccolo Bardoscia, the head of the bank’s digital asset trading and investment division. Although Intesa has yet to confirm the […]
The post Italy’s largest bank Intesa Sanpaolo enters Bitcoin market with initial €1 million investment appeared first on CryptoSlate.

14 Jan 2025

Bitcoin Bull Tom Lee Sees BTC Reaching as High as $250K by Year-End

Fundstrat's head of research, Tom Lee, calls for a potential short-term drawdown but remains bullish regarding the end-of-year target.

14 Jan 2025

One of Italy’s Largest Banks Buys $1M Worth of Bitcoin: Report

Banking giant Intesa Sanpaolo, which has a market cap of $73 billion, has made its first crypto purchase.

14 Jan 2025

Options Tied to BlackRock’s Bitcoin ETF Surge to Nearly 50% of Deribit’s BTC Open Interest in Two Months

Options linked to BlackRock's spot bitcoin ETF (IBIT) began trading on Nov. 19 and have since grown to half the size of Deribit's BTC options market.

14 Jan 2025

Is Bitcoin Bottom In? BTC’s Price Action is Inverse of December Peak Above $108K

BTC's latest price action seems to contrast sharply with the uptrend exhaustion observed at record highs above $108K in mid-December.

14 Jan 2025

Jamie Dimon Still Sees ‘No Value’ in Bitcoin

The crypto's main uses are for sex trafficking, money laundering and ransomware, claimed Dimon, a longtime foe of bitcoin.

13 Jan 2025

Global Investment Giant Capital Group Reaches 5% Stake in Bitcoin Holder Metaplanet

Capital Group is also the second-largest shareholder in MicroStrategy, trailing only Michael Saylor.

13 Jan 2025

South Korea reconsiders crypto ETFs amid global market shift and demand

South Korea’s Exchange Chairman, Eun-Bo Jeong, has signaled interest in introducing crypto-based exchange-traded funds (ETFs) this year, aligning with global demands for such products. At the Securities and Derivatives Market Opening Ceremony on Jan. 2, Jeong reportedly emphasized the need for innovative financial products to revitalize the country’s capital markets. Jeong highlighted the economic hurdles […]
The post South Korea reconsiders crypto ETFs amid global market shift and demand appeared first on CryptoSlate.

3 Jan 2025

Bitcoin genesis block anniversary marks 16 years of financial revolution

The crypto world is celebrating 16 years since Bitcoin’s Genesis block was mined on Jan. 3, 2009. This landmark event not only marked the birth of the top digital asset but also laid the groundwork for today’s digital financial revolution. Origin Bitcoin was created partially in response to the 2008 financial collapse—a time when trust […]
The post Bitcoin genesis block anniversary marks 16 years of financial revolution appeared first on CryptoSlate.

3 Jan 2025

Bitcoin Buyers Saw 40% Gain on Average Last Year, Realized Price Shows

The average realized price of 2024 buyers in bitcoin was $65,901.

3 Jan 2025

Ether’s Record Leverage Ratio of 0.57 Is Over Double That of Bitcoin

Ether stands out relative to BTC as the go-to major currency for traders looking to amplify returns with the use of leverage

3 Jan 2025

Bitcoin’s Computing Power May Hit a Major Milestone Long Before Next Halving

Bitcoin's hashrate increased by approximately 50% in 2024, and it is currently on course to rise for the eighth consecutive time.

3 Jan 2025

Beware of Bitcoin’s ‘Shooting Star’ at Record Highs: Godbole

The candlestick pattern shows sellers are looking to reassert themselves as hawkish Fed rate projections drive the DXY higher.

3 Jan 2025

BlackRock’s Bitcoin ETF Records Its Largest Outflow

BlackRock's IBIT started the new year on a rough note, losing millions in net outflows on Thursday.

3 Jan 2025

Dollar’s Post-Election Path Is Tracking Trump’s First Presidential Term: Van Straten

The DXY index is up over 3% since the election and is following a trajectory similar to his first presidential term.

2 Jan 2025

Tether’s Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In

Tether's market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.

2 Jan 2025

XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang

South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week.

2 Jan 2025

MicroStrategy’s Bullish Call Skew Disappears in Cautious Market Sentiment

The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum.

2 Jan 2025

‘DeFi on Bitcoin’ Gets a Boost as BOB L2 Integrates $6B BTC Staking Protocol Babylon

The integration allows BOB, a "hybrid L2," to use Bitcoin as its anchor chain where transactions with assets from other chains can be irreversibly recorded.

18 Dec 2024

Grayscale’s Bitcoin Mini Trust ETF tops $1B in net inflows

The ETF, which Grayscale spun off from its older Grayscale Bitcoin Trust, now holds around $4 billion in assets.

18 Dec 2024

Bitcoin Slips to $101K, Altcoins Spiraling on Federal Reserve’s Hawkish Tone

The Federal Reserve cut rates by 25 basis points as expected, but Fed Chair Jerome Powell's hawkish press conference

18 Dec 2024