Important takeouts: Bitcoin hits historic ATH at $122,604driven by institutional demand and ETF inflows. Former Binance CEO CZ warns that current ATH may soon look minorrecalls the rise in BTC from $1,000 in 2017. Spot the rise in Bitcoin ETF and global adoption Since early 2024, the price of BTC has been increased by more…
NASDAQ-registered sportsbook marketing company Sharplink Gaming purchased around $49 million worth of ether (ETH) on Sunday as ETH prices skyrocketed above $3,000. The board chaired by Ethereum co-founder Joseph Rubin, the company has been serving as an all-in for ETH since late May. This latest transaction brings Sharplink Gaming’s total financial total to 198,300 ETH,…
Digital asset funds recorded $3.7 billion inflows last week, according to data tracked by Coinshares of Crypto Asset Manager. The flow is only good when the weekly flow ended December 6th last year exceeds $4 billion, the Jersey-based company said in its weekly roundup on Monday. 13 consecutive weeks of profit from crypto investment products…
Bitcoin ETF saw a weekly inflow of $2.7 billion, pushing BTC to an all-time high of $119,000. Ethereum ETFS added $908 million, helping ETH rise 17% to a months-long peak of over $3,000. BlackRock’s IBIT and ETHA dominated the fund’s inflow, reflecting strong institutional demand for crypto exposure. Investor appetite for cryptocurrency exposure via exchange…
Key takeout Bitcoin reached its new all-time high of $119,300 ahead of the key cryptographic debate. Future bills in Congress could have a major impact on crypto regulations and stubcoin issuance. Please share this article Bitcoin hit a new record high of $119,300 on Sunday, ahead of a week when bullish sentiment could potentially change…
The chief investment officer of a cryptocurrency management company said on Bitwise that aggressive demand for Bitcoin (BTC) could raise Crypto King’s prices much higher by the end of the year. In a new interview with CNBC TV, Bitwise Cio Matt Hougan said that a blue chip institution where increasing demand for BTC is mixed…
BlackRock’s iShares Bitcoin Trust (IBIT) has hit a new high, becoming the largest Bitcoin Exchange-Traded Fund (ETF) in the US In just 18 months since its launch in January 2024, IBIT has accumulated over 700,000 BTC, now worth over $80 billion, accounting for more than 55% of all Bitcoin held by US Spot ETF. IBIT…
Pump.Fun is a platform that allows anyone to create and launch memokines, and concluded on Saturday one of the biggest and fastest initial coin products (ICOs). Within 12 minutes of the ICO’s release, the platform raised $600 million with 15% of its token supply being sold for $0.0040 each. According to the platform, the ICO,…
Emirates has signed a memorandum of understanding (MOU) with crypto.com to explore accepting cryptocurrency payments. The crypto.com wage consolidation is expected to be effective… Source link
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