Bitcoin

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

Bitcoin in ‘dip-buying mood’ as BTC price skirts $105K into FOMC

Bitcoin sees classic BTC price sell-side pressure into the Federal Reserve’s next key decision on interest rates.

18 Dec 2024

Price analysis 12/18: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, SHIB

Bitcoin’s pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.

18 Dec 2024

What will the Bitcoin price be in 2025 and 2045?

Daniele Bernardi shares key insights into the future price of Bitcoin.

18 Dec 2024

Bitcoin’s Memecoin-Like ‘Runes’ Get a Boost With AMM Launch on Stacks

Bitflow's automated market maker uses Stacks' Nakamoto upgrade with the aim of addressing some shortcomings inhibiting Runes trading.

18 Dec 2024

Trump’s inauguration may trigger crypto sell-off, says Arthur Hayes

Arthur Hayes published a “Trump Truth” blog post forecasting a massive crash in crypto markets following Donald Trump’s presidential inauguration in January.

18 Dec 2024

Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation

Ohio lawmaker Derek Merrin introduced a groundbreaking bill to establish a Strategic Bitcoin Reserve within the state treasury, according to a Dec. 17 statement. The proposed legislation, known as the Ohio Bitcoin Reserve Act, seeks to empower the state treasurer with the authority to invest in Bitcoin, aligning with the growing trend of adopting it […]
The post Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation appeared first on CryptoSlate.

18 Dec 2024

Crypto Christmas Gift: Ideas to Give Your Degen Friend This Holiday

What can you give to your crypto enthusiast friend as gift? BitPinas listed some ideas that you might try.

18 Dec 2024

Japanese lawmaker ‘Satoshi’ questions gov’t plans for Bitcoin reserve

Satoshi Yamada asked the Japanese government whether it could "convert part of its foreign exchange reserves" into Bitcoin or another token.

13 Dec 2024

Coinbase faces $1B lawsuit over wBTC delisting

BiT Global is suing Coinbase for $1 billion, claiming unfair practices after it delisted wBTC to promote its own competing product, cbBTC.

13 Dec 2024

Price analysis 12/13: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, SHIB

Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.

13 Dec 2024

Riot Platforms bolsters Bitcoin reserves with $510 million purchase

Riot Platforms, a leading Bitcoin mining company, has acquired 5,113 BTC for $510 million. According to a Dec. 13 post on the social media platform X (formerly Twitter), the company said the Bitcoin was bought at an average price of $99,669 per BTC, including fees and related expenses. With this acquisition, Riot’s Bitcoin holdings have […]
The post Riot Platforms bolsters Bitcoin reserves with $510 million purchase appeared first on CryptoSlate.

13 Dec 2024

VanEck predicts Q1 2025 crypto correction before Q4 all-time highs

Bitcoin could reach $180,000 by the end of 2025, the asset manager said.

13 Dec 2024

Riot Platforms buys more than $500M in Bitcoin

The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value.

13 Dec 2024

Bitcoin miners earned just 3.6% of record $2T market cap — Analysis

BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap.

13 Dec 2024

Ledger wallet user reports 10 BTC loss — Community blames phishing

Hardware wallet provider Ledger has linked a recent loss of funds by one of its users to a phishing attack in February 2022.

13 Dec 2024