This week’s Crypto Biz explores Ether ETFs growing inflows, the political moves behind Meta’s stablecoin sunset, BitGo’s plans for India, and more. Read More at https://cointelegraph.com/news/crypto-biz-wall-street-gets-taste-altseason?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: December 2024
Future Bitcoin price dips to $90K ‘routine profit taking’ — Why BTC traders keep buying
Traders bought up Bitcoin’s dips to $90,000, a sign that investors are confident in BTC prices above $100,000. Read More at https://cointelegraph.com/news/b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
EigenLayer to upgrade restaking rewards
The upgrades are designed to bring greater flexibility to EigenLayer’s restaking ecosystem. Read More at https://cointelegraph.com/news/eigenlayer-upgrade-restaking-rewards?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ‘spinning top’ candle targets $115K after recent 15% BTC flash crash
Bitcoin’s rebound from this week’s flash crash reset key price metrics and paved a path for BTC to chase after the $115,000 level. Read More at https://cointelegraph.com/news/bitcoin-spinning-top-candle-targets-115-k-after-recent-15-btc-flash-crash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump’s BTC reserve plan would be a ‘bad deal‘ — Ex-NY Fed president
Bill Dudley joined others in suggesting the only purpose of a US government Bitcoin reserve would be to reward Trump’s crypto supporters. Read More at https://cointelegraph.com/news/federal-reserve-president-donald-trump-bitcoin-reserve-plan-bad-deal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US jobs data points to likely rate cut in December — Grayscale
Interest rate cuts, increases in the M2 money supply, structural deficits, and geopolitical tensions typically drive Bitcoin’s price higher. Read More at https://cointelegraph.com/news/us-jobs-data-points-likely-rate-cuts-december-grayscale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump’s new crypto czar called OpenAI a ‘piranha, for-profit company’
David Sacks’ professed views on OpenAI’s business restructuring seemingly align with Elon Musk’s. Read More at https://cointelegraph.com/news/trump-crypto-ai-czar-open-ai-piranha-for-profit-company?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nuvei, Visa partner on stablecoin payments for Latam merchants
Latin America continues to be a center of blockchain integration with Nuvei and partners’ new e-commerce solution for merchants. Read More at https://cointelegraph.com/news/nuvei-stablecoin-payments-latam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin to top $110K by Jan, $20B TRX hints at ‘altseason’ — Finance Redefined
Based on its correlation with the liquidity index, Bitcoin may reach a local peak of above $110,000 by January. Read More at https://cointelegraph.com/news/bitcoin-top-110-k-jan-trx-hints-altseason-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price analysis 12/6: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, TON, SHIB
Bitcoin price trades above $100,000 again, proving that every minor dip is being purchased. Read More at https://cointelegraph.com/news/price-analysis-12-6-btc-eth-xrp-sol-bnb-doge-ada-avax-ton-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound