What Stopped Bitcoin From Having Its Santa Rally?
Bitcoin’s Q4 Struggles: Defying Historical Patterns As 2024 comes to a close, Bitcoin (BTC) is failing to live up to its usual year-end performance, straying from the typical “Santa rally”…
Bitcoin’s Q4 Struggles: Defying Historical Patterns As 2024 comes to a close, Bitcoin (BTC) is failing to live up to its usual year-end performance, straying from the typical “Santa rally”…
Crypto Market Decline Deepens as Bitcoin Nears $93K, Major Altcoins Struggle The cryptocurrency market saw a sharp decline as U.S. trading hours began, with Bitcoin (BTC) approaching the $93,000 mark,…
Bitcoin Faces Largest Discount to Record High Since U.S. Election Bitcoin (BTC) is currently trading 13% below its all-time high of around $108,000, marking the largest discount since the 2016…
Exchange-traded funds (ETFs) experienced record outflows, losing $671.9 million, as Bitcoin’s price continued to slide post-Federal Reserve meeting, dropping below $100,000. U.S.-listed spot Bitcoin (BTC) ETFs saw unprecedented withdrawals on…
Traders at Singapore-based QCP Capital attributed a recent market crash to overly bullish sentiment, rather than solely blaming the Federal Reserve’s hawkish stance. In a Friday note, QCP traders stated,…
Federal Reserve Chair Jerome Powell’s hawkish remarks on interest rate cuts have triggered widespread turbulence across global financial markets, with cryptocurrencies experiencing significant declines. Following Powell’s comments, which dampened investor…
On December 18, the markets faced a significant jolt following the Federal Reserve’s 25 basis point rate cut and the hawkish comments from Chairman Jerome Powell, sparking widespread fear among…
November was a strong month for Bitcoin miners, with the surge in Bitcoin prices outpacing the rise in the network’s hashrate, according to a report from investment bank Jefferies. The…
Bitcoin Spot ETFs Near Gold ETFs in Assets as Institutional Adoption Grows The year 2024 has marked a significant breakthrough for bitcoin (BTC), driven by the increasing involvement of institutional…
On Wednesday, World Liberty Financial, a firm linked to the family of U.S. President-elect Donald Trump, swapped approximately $10 million worth of cbBTC, Coinbase’s version of wrapped bitcoin, for WBTC,…