Bitcoin News www.bitcoins.am

BTC price stampedes to $99.5K hours after record Bitcoin ETF outflow

Cointelegraph by William Suberg — Sat, 21 Dec 2024 04:16:02 -0500

Bitcoin buying led by Coinbase launches BTC price action back toward the six-figure mark.

Ethereum NFT collections drive weekly volume to $304M

Cointelegraph by Ezra Reguerra — Sat, 21 Dec 2024 04:02:51 -0500

Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week’s charts as the best-performing collections.

Fake crypto liquidity pools: How to spot and avoid them

Cointelegraph by James Smith — Sat, 21 Dec 2024 03:55:00 -0500

Discover the risks of fake crypto liquidity pools, common scam tactics and practical strategies to identify and steer clear of fraudulent projects.

Google to require FCA registration for crypto ads targeting the UK

Cointelegraph by Ezra Reguerra — Sat, 21 Dec 2024 02:26:14 -0500

Google said that advertisers who want to promote crypto exchanges and software wallets in the United Kingdom must be registered with the FCA.

If ETH ‘pullback continues,’ a $3K retrace remains in play — Analyst

Cointelegraph by Ciaran Lyons — Sat, 21 Dec 2024 00:52:27 -0500

Crypto analyst Rekt Capital says that Ether could keep consolidating between the $3,000 and $4,000 range, though a pullback to $3,000 isn't entirely out of the question.

Tether pours $775M into video-sharing platform Rumble

Cointelegraph by Ciaran Lyons — Fri, 20 Dec 2024 20:36:23 -0500

Tether has announced a $775 million strategic investment with video sharing platform Rumble just weeks after the platform announced it would be adding Bitcoin to its balance sheet.

Lack of proper indexing is throttling DApp speeds — Pangea CEO

Cointelegraph by Vince Quill — Fri, 20 Dec 2024 17:44:02 -0500

Users typically leave an application that does not respond within three seconds, and Web3 apps can have load times of up to 20 seconds.

2025 will be the year of AI agents, Web3 execs say

Cointelegraph by Alex O’Donnell — Fri, 20 Dec 2024 16:56:49 -0500

By 2025, more than 1 million AI agents could populate Web3, with staking and trading as likely early use cases, industry execs told Cointelegraph.

SVM Sonic, Injective to roll out crosschain AI agent hub

Cointelegraph by Derek Andersen — Fri, 20 Dec 2024 16:52:13 -0500

Developers will soon be able to deploy Solana-based AI agent applications on Injective and bridge a variety of cryptocurrencies between them.

Crypto Biz: Coinbase vs. BiT Global $1B wBTC dispute

Cointelegraph by Ana Paula Pereira — Fri, 20 Dec 2024 16:00:00 -0500

This week’s Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States.

Bitcoin correction ‘almost done’ as realized losses rise above weekly average

Cointelegraph by Biraajmaan Tamuly — Fri, 20 Dec 2024 15:16:15 -0500

Bitcoin traders’ realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off.

Here’s what happened in crypto today

Cointelegraph by Cointelegraph — Fri, 20 Dec 2024 14:50:26 -0500

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

EigenLayer restaking protocol's slashing testnet now live

Cointelegraph by Vince Quill — Fri, 20 Dec 2024 14:37:32 -0500

According to data from DefiLlama, restaking protocol EigenLayer currently has approximately $15.4 billion in total value locked.

Metallicus acquires fintech operator connected to 70 credit unions

Cointelegraph by Tristan Greene — Fri, 20 Dec 2024 13:53:38 -0500

The acquisition brings Metal blockchain solutions to Bonifii’s portfolio of credit unions.

Ether ETFs poised to surge in 2025, analysts say

Cointelegraph by Alex O’Donnell — Fri, 20 Dec 2024 13:48:25 -0500

Strong price performance and staking could propel Ether ETF inflows in 2025, analysts say.

Price analysis 12/20: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, TON

Cointelegraph by Rakesh Upadhyay — Fri, 20 Dec 2024 13:47:49 -0500

A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.

Hawk Tuah influencer speaks out after memecoin rug pull allegations

Cointelegraph by Turner Wright — Fri, 20 Dec 2024 13:29:59 -0500

A memecoin bearing Hailey Welch’s likeness rose to a market capitalization of roughly $500 million after its launch on Dec. 4 before dropping by 90%.

Quantum BioPharma invests $1M in BTC, cryptos for treasury diversification

Cointelegraph by Ana Paula Pereira — Fri, 20 Dec 2024 12:36:53 -0500

The company announced the acquisition of $1 million in Bitcoin and other cryptocurrencies on Dec. 20, triggering a 10% drop in its stock.

Bitcoin dips to $92K in 'optimal dip-buying' move as PCE boosts crypto

Cointelegraph by William Suberg — Fri, 20 Dec 2024 10:39:37 -0500

BTC price weakness finds support at familiar levels with Bitcoin traders seeing historical patterns playing out.

Bitcoin dips to $92K in ‘optimal dip-buying’ move as PCE boosts crypto

Cointelegraph by William Suberg — Fri, 20 Dec 2024 10:39:37 -0500

BTC price weakness finds support at familiar levels with Bitcoin traders seeing historical patterns playing out.

French regulator authorizes crypto operations for BPCE subsidiary

Cointelegraph by Helen Partz — Fri, 20 Dec 2024 09:13:01 -0500

BPCE’s crypto subsidiary, Hexarq, is the second banking crypto outfit to receive a nod from French regulator AMF after Société Générale’s Forge.

2024 in review: The UAE crypto legal chronicles

Cointelegraph by Irina Heaver — Fri, 20 Dec 2024 09:00:00 -0500

2024 cemented the UAE’s status as a global crypto hub as its landscape changed substantially with new stablecoin regulations, tax exemptions and stricter marketing rules.

Cathie Wood foresees startup M&A surge, $1M Bitcoin under Trump

Cointelegraph by Josh O'Sullivan — Fri, 20 Dec 2024 08:13:15 -0500

Cathie Wood predicts a surge in M&A activity under Trump’s administration, driven by deregulation and reduced FTC barriers.

Blockchain broadens music royalty access on Audius with ICE deal

Cointelegraph by Savannah Fortis — Fri, 20 Dec 2024 07:41:37 -0500

A new multi-territory licensing agreement between Audius and ICE opens up royalty opportunities for over 330,000 music rights holders powered by blockchain technology.

Why is Ethereum (ETH) price down today?

Cointelegraph by Nancy Lubale — Fri, 20 Dec 2024 07:09:48 -0500

Ethereum’s price is down today after it failed to hold the $3,500 support level, and panic selling threatens deeper corrections.

Barclays-backed Copper withdraws UK crypto license application

Cointelegraph by Helen Partz — Fri, 20 Dec 2024 04:57:12 -0500

The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September.

Ethereum layer 2s hold $13.5B stablecoin supply

Cointelegraph by Stephen Katte — Fri, 20 Dec 2024 04:43:00 -0500

Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.

Why is Cardano price down today?

Cointelegraph by Nancy Lubale — Fri, 20 Dec 2024 04:12:45 -0500

Diminishing user activity and stiff overhead resistance are driving Cardano’s prices lower today, with bears focused on driving ADA lower toward $0.80.

Bitcoin ETFs hit by record $671.9M outflows in 1 day

Cointelegraph by Josh O'Sullivan — Fri, 20 Dec 2024 03:56:30 -0500

Bitcoin ETFs saw a record $671.9M outflows on Dec. 19, coinciding with Bitcoin’s price dip and marketwide liquidations.

Bankrupt Cryptopia exchange distributes $225M to hack victims

Cointelegraph by Helen Partz — Fri, 20 Dec 2024 03:32:58 -0500

Initially owing creditors $4.2 million, Cryptopia’s liquidator Grant Thornton distributed at least $225 million in crypto to hack victims in December 2024.

How low can the Bitcoin price go?

Cointelegraph by Yashu Gola — Fri, 20 Dec 2024 03:27:17 -0500

Bitcoin price is down 11% from its current record high, now eyeing the $88,000-90,000 region for a potential bounce.

Bitcoin whale support includes mid-$60K zone in new BTC price warning

Cointelegraph by William Suberg — Fri, 20 Dec 2024 03:09:12 -0500

BTC price downside is due to produce new long-term lows before recovering, according to the analyst who predicted the breakout to $95,000.

What is a seed phrase, and why is it important?

Cointelegraph by Onkar Singh — Fri, 20 Dec 2024 03:05:00 -0500

It’s crucial to securely back up and store your seed phrase in multiple safe places, ensuring that you’re the only one who can access it when needed.

Firm building decentralized supercomputer attracts 1.5M nodes during testnet

Cointelegraph by Brayden Lindrea — Fri, 20 Dec 2024 01:04:42 -0500

Nexus said the testnet results show that there’s “early excitement” for a shared supercomputer.

El Salvador buys 11 BTC only a day after reaching a deal with IMF

Cointelegraph by Jesse Coghlan — Fri, 20 Dec 2024 00:57:27 -0500

El Salvador purchased 11 Bitcoin only a day after reaching a $1.4 million IMF loan deal that called to reduce public sector engagement in “Bitcoin-related economic activities.”

Crypto chatter about ‘buying the dip’ hits 8-month high: Santiment

Cointelegraph by Ciaran Lyons — Fri, 20 Dec 2024 00:42:28 -0500

The ratio of mentions on social media for “buying the dip” has ramped up as Bitcoin dropped below the six-figure price level just days before Christmas, according to Santiment.

SEC simultaneously approves Hashdex, Franklin’s Bitcoin-Ether ETFs

Cointelegraph by Stephen Katte — Thu, 19 Dec 2024 22:52:37 -0500

Securities exchange NYSE Arca has also expressed interest in listing a Grayscale crypto index ETF holding a diverse basket of spot crypto but has yet to receive approval.

Crypto liquidations hit $1B as traders were ‘unprepared for bad news’

Cointelegraph by Ciaran Lyons — Thu, 19 Dec 2024 22:35:27 -0500

A crypto analyst says we are yet to see the “Santa rally” the market has been hoping for after $1 billion was liquidated in the crypto markets in just 24 hours.

Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Cointelegraph by Jesse Coghlan — Thu, 19 Dec 2024 21:49:41 -0500

Tornado Cash co-founder Roman Storm has petitioned a judge to drop the criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer.

Aptos co-founder and CEO Mo Shaikh steps down to ‘start new chapter’

Cointelegraph by Brayden Lindrea — Thu, 19 Dec 2024 19:13:18 -0500

Mo Shaikh, who co-founded the firm in 2021 alongside Avery Ching said he would stay on board at Aptos Labs as a strategic adviser.

Rise of MicroStrategy clones, Asia dominates crypto adoption: Asia Express 2024 review

Cointelegraph by Yohan Yun — Thu, 19 Dec 2024 18:19:23 -0500

Will the real “MicroStrategy of Asia” please step forward? Almost half of top 20 countries for crypto adoption are in Asia: Asia Express 2024

Investor lawsuit filed against Hawk Tuah memecoin creators, partners

Cointelegraph by Vince Quill — Thu, 19 Dec 2024 16:57:21 -0500

“The HAWK Token exhibits all the characteristics of an unregistered security under established legal precedent,” litigants claimed.

A Bitcoin Reserve Act may end crypto’s 4-year boom-bust cycle

Cointelegraph by Daniel Ramirez-Escudero — Thu, 19 Dec 2024 16:48:06 -0500

The Bitcoin Reserve Act could break the Halving cycle. Is this four year cycle going to play out differently, will we enter the mythical Supercycle?

Is Bitcoin price going to crash again?

Cointelegraph by Biraajmaan Tamuly — Thu, 19 Dec 2024 16:45:09 -0500

Bitcoin price fell into the $95,000 range, but data suggests the bulk of the correction could be over.

Ragnarok Landverse: Genesis to debut on Ronin in early 2025

Cointelegraph by Derek Andersen — Thu, 19 Dec 2024 16:23:07 -0500

Gamers of a certain age will feel the nostalgic pull of the Web3 incarnation of a 2000s MMORPG fan favorite.

AI and account abstraction to fuel next-gen stablecoins — WeFi founder

Cointelegraph by Vince Quill — Thu, 19 Dec 2024 16:01:06 -0500

The current stablecoin market cap is approximately $204 billion, but the sector remains highly centralized.

Craig Wright given suspended one-year sentence for contempt of court

Cointelegraph by Turner Wright — Thu, 19 Dec 2024 15:38:59 -0500

A UK court ruled in March that Craig Wright was not Bitcoin creator Satoshi Nakamoto, but he continued to file lawsuits “based on asserted intellectual property rights.“

Bollinger Bands point to explosive Bitcoin price upside, but how high?

Cointelegraph by Nancy Lubale — Thu, 19 Dec 2024 14:30:00 -0500

A widely used Bitcoin technical analysis indicator suggests that BTC is on the verge of a “walk up” toward new all-time highs.

Bitcoin DeFi project Solv to launch native token on Hyperliquid

Cointelegraph by Alex O’Donnell — Thu, 19 Dec 2024 14:18:37 -0500

It will be among the first tokens to launch on Hyperliquid, a layer-1 network specializing in trading.

North Korean hackers stole $1.3B in crypto in 2024 — Chainalysis

Cointelegraph by Turner Wright — Thu, 19 Dec 2024 14:09:35 -0500

Hackers connected to the reclusive nation whose entities are often targeted by US sanctions reportedly doubled the amount of crypto they stole in 2023.