Month: December 2024

The iShares Bitcoin Trust ETF (NASDAQ:IBIT) by BlackRock Inc. (NYSE:BLK), which debuted earlier this year, has become the most successful exchange-traded fund launch in history, a report said Monday. What Happened: The investment vehicle, which tracks the spot price of the world’s biggest cryptocurrency Bitcoin (CRYPTO: BTC), exceeded $50 billion in assets...

Judging from Bitcoin’s ($BTC) recent performance, the rally is over, along with the year. Yet, many analysts believe it’s too early to call it a day. After a year of lows ($39,507.37 on January 22) and highs ($103,679 on December 5), $BTC closed off 2024 at $98,676.10, a rise...

In a move that could reshape the Bitcoin lending market, Stone Ridge subsidiary NYDIG is gearing up to channel one of the biggest capital reservoirs in traditional finance—insurance float—into BTC-backed loans. The news, detailed in the 2024 Investor Letter from Stone Ridge CEO Ross Stevens, immediately attracted attention across...

Tangem said it resolved a bug in its app that risked exposing private keys, but users have criticized its muted response....

MicroStrategy Inc. (NASDAQ:MSTR) stock has seemingly diverged with respect to the movement in Bitcoin (CRYPTO: BTC) prices, this trend has been pronounced since the company started issuing more 0% convertible notes in November. What Happened: MicroStrategy has fallen by 20.34% month-to-date about five times more than the Bitcoin prices,...

Data shows the stablecoin reserve on Binance has shot up to a new record recently, a sign that could be bullish for Bitcoin and other coins. Stablecoin Exchange Reserve On Binance Has Seen Rapid Growth Recently As explained by an analyst in a CryptoQuant Quicktake post, the stablecoin Binance...

Financial analyst Jim Bianco commented on Scottie Pippen‘s prophetic dream encounters with Satoshi Nakamoto on Monday, noting that the NBA legend’s Bitcoin (CRYPTO: BTC) forecasts have been surprisingly accurate. What Happened: Bianco, President and founder of Bianco Research, said in an X post that Pippen’s predictions have gained attention due to their...

In a fortunate move, the Vietnamese authorities were able to successfully dismantle a large-scale cryptocurrency scam orchestrated by a company called ‘Million Smiles,’ protecting nearly 300 potential victims from financial exploitation. The scheme, built around a fictitious token called QFS (Quantum Financial System), had already swindled approximately $1.17 million...

XRP (CRYPTO: XRP) might have retraced sharply in recent days, but one influential analyst on Monday predicted massive upsides for the payment-focused cryptocurrency in 2025. What happened: Ali Martinez, a well-known chartist, observed a “promising setup” for XRP, prompting him to set a price target of $11. Martinez identified...

Cointelegraph takes a look back at three absurd memecoins launched this year, some which immortalized viral moments and one which was just hot air....