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Home2024December

Month: December 2024

Bitcoin Retreats Below $100,000 After Setting New Record
Bitcoin

Bitcoin (BTC) Makes History with 20% Drop in Exchange Reserves as Price Tops $104K

December 31, 2024 CryptoExpert

TLDR Bitcoin exchange reserves have dropped to a historic low of 2.4 million BTC, down from 3 million at the start of 2024 The price has risen from $40,000 to over $104,000 in 2024, with […]

SEC Greenlights Options Trading for BlackRock's Bitcoin ETF
Bitcoin

BlackRock’s Global Allocation Fund Reports 117% Rise in IBIT Shares

December 30, 2024 CryptoExpert

BlackRock’s Global Allocation Fund has increased its position in the iShares Bitcoin Trust (IBIT) by 117%, totaling $17,1 billion as of October 31, according to a new filing with the U.S. Securities and Exchange Commission […]

Mt. Gox Breaks 2-Month Silence, Moves 500 BTC
Bitcoin

Bitcoin’s Fall Below $100k Sparks Renewed ‘Buy the Dip’ Discussions: Santiment

December 28, 2024 CryptoExpert

Even as Bitcoin sinks below $100,000, the cryptocurrency market is buzzing with “buy the dip” sentiment. Data from blockchain analysis platform Santiment reveals that online discussions about buying the dip are at an eight-month high, […]

Bitcoin (BTC) About to Go Parabolic Uptrend: Is $150k Next?
Bitcoin

Bitcoin (BTC) Retreats to $97K Following Federal Reserve’s Hawkish Stance

December 27, 2024 CryptoExpert

TLDR Bitcoin price dropped below $98,000 following the Federal Reserve’s more hawkish than expected policy outlook Fed projects fewer interest rate cuts in 2025 than previously indicated Bitcoin fell from near record levels to $97,000, […]

Metaplanet Completes ¥10 Billion Stock Rights Exercise for Bitcoin Acquisition
Bitcoin

Metaplanet Acquires Another 620 Bitcoin: Total Holdings Reach 1,762 BTC

December 26, 2024 CryptoExpert

TLDR: Metaplanet made its largest Bitcoin purchase of 619.7 BTC worth $60 million, bringing total holdings to 1,762 BTC valued at $168 million The Japanese firm’s BTC Yield surged to 310% in Q4 2023, up […]

Bitcoin Mining Difficulty Reaches New All-Time High of 92.67 Trillion
Bitcoin

Why is Bitcoin Down Today? BTC Sees 10% Weekly Decline as Fed Policy Shifts

December 24, 2024 CryptoExpert

TLDR: Bitcoin dropped 10% to $94,645 in the week ending December 22, its first major weekly decline since Trump’s election The decline followed Fed’s reduction of projected 2024 interest rate cuts from five to two […]

U.S. Bitcoin ETFs Accumulate $390.7 Million Over Four Days
Bitcoin

FBTC Posts $208M Withdrawal in Market Shake-up

December 23, 2024 CryptoExpert

TLDR US Bitcoin ETFs experienced unprecedented single-day outflows of $672-680 million, breaking a 15-day streak of positive inflows Fidelity’s FBTC led the decline with $208.5 million in outflows, followed by substantial withdrawals from Grayscale and […]

Ethereum ETFs Launch in US with $1 Billion First-Day Trading Volume
Ethereum

Market Weighs Impact of 7.8M Token Binance Withdrawal

December 22, 2024 CryptoExpert

TLDR 20.8 million ETH withdrawn from centralized exchanges in past two months, with Binance accounting for 7.8 million ETH (33-39% of total outflows) ETH currently trading at $3,858, down 2.4% in 24 hours and 21.1% […]

ARK Invest Sells $3.9M in Coinbase Shares Following Bitcoin Price Drop
Bitcoin

ARK Invest Sells $3.9M in Coinbase Shares Following Bitcoin Price Drop

December 21, 2024 CryptoExpert

TLDR ARK Invest sold $3.9 million worth of Coinbase shares (13,780 shares) amid market decline Bitcoin hit all-time high of $108,135 before dropping to $97,430 Federal Reserve’s hawkish stance on 2025 interest rates triggered market […]

Ethereum (ETH) Price Analysis: ETH to $22k? Network Activity at Highs, Analysts Bullish
Ethereum

Price Action Suggests Bearish Momentum Below $3,650

December 21, 2024 CryptoExpert

TLDR Ethereum has experienced a sharp decline, dropping below $3,680 and currently trading under $3,550 A key bearish trend line has formed with resistance at $3,650 on the hourly chart The cryptocurrency reached a low […]

Posts pagination

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Bybit
  • Trump Confirms Meeting With Xi Jinping on Oct 31, Markets Rally in Response
  • Long-Term Bitcoin Holders Stay Profitable as Analyst Warns of Weakening BTC Momentum
  • Ethereum Price Could Rally Beyond $5,000 Soon, But There’s a Catch
  • How to Detect Market Manipulation in Altcoins Before They Crash
  • Bollinger Spots W Bottoms In Ether And Solana Charts
  • Japan’s FSA May Let Banks Hold Bitcoin and Other Cryptocurrencies
  • BitMine Buys $1.5B In Ether As Tom Lee Remains Bullish On ETH
  • Tornado Cash Dev Roman Storm Warns Community About Retroactive Prosecution
  • UK Tax Authority Ups Crypto Warning Letters in Crackdown on Unpaid Gains
  • Bitcoin Pullback Against Gold Could End With Year-End Upside Surge
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  • Ethereum Price Could Rally Beyond $5,000 Soon, But There’s a Catch
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