Month: December 2024

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 […]

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 […]

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, […]

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, […]

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 […]

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 […]

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 […]

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 […]