December, 2024

December, 2024

Bitcoin Sets New ATH Above $104,000, Yet Investors Don’t Want To Sell
Bitcoin has set a new all-time high (ATH) beyond the $104,000 mark during the past day, but on-chain data shows investors are still unwilling to sell. Bitcoin Exchange Netflow Has Remained Negative Du...

Market Analysis Report (06 Dec 2024)
Trump Taps PayPal Veteran as White House AI and Crypto Czar | Former Treasury Secretary Dismisses Trump's Idea of a Strategic Bitcoin Reserve as 'Crazy' | Semler Scientific Invests $29.3 Million to Bu...

US spot Bitcoin ETFs surpass Satoshi Nakamoto, becoming world’s largest Bitcoin holder
The rise of US Bitcoin ETFs as the largest holder highlights growing institutional trust and could drive further mainstream adoption of cryptocurrencies. The post US spot Bitcoin ETFs surpass Satoshi ...

As Bitcoin Hits $100,000, Analysts Warn Of Potential Pullback Amid High Funding Rates
Bitcoin has recently made headlines by breaking through the $100,000 mark for the first time, a milestone that has prompted increased trading activity and strategic hedging among investors. Accordin...

Bitcoin Price Unfazed as Mt. Gox Shifts Another $352 Million Worth of BTC
Now that repayment has been postponed until 2025, a transfer of $352 million "does not affect the market volatility much anymore," a source told Decrypt....

France Wants Bitcoin HODLers to Pay Taxes on 'Unproductive Wealth'
A Web3 marketer told Decrypt a Bitcoin tax on unrealized gains is “worrying” and “feels pretty out of touch with how volatile crypto markets are.”...

A Case for Bitcoin Alts
Bitcoin alts have experienced a significant decline in usage since earlier this year. However, valuations, communities, and mindshare remain strong, with activity leveling out over recent months. Seve...

Hybrid Crypto Exchange GRVT Gains License in Bermuda
Key Takeaways The license allows GRVT to integrate DeFi with CeFi under regulatory oversight GRVT plans to expand its operations by pursuing a Class Full (F) license by mid-2025. Hybrid cry...

Australia Launches Task Force to Crackdown on Crypto ATMs
Key Takeaways As per AUSTRAC, digital currencies and crypto ATMs are increasingly being exploited for money laundering and scams Australia is the third-largest market globally for crypto ATMs...

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