Month: December 2024

Spot Bitcoin (BTC) exchange-traded funds (ETFs) registered their first red weekly performance in a month during Christmas Week, their worst performance since September. However, analysts noted that the ETF industry saw its best year yet. Bitcoin ETFs Receive Charcoal For Christmas As the year ends, Bitcoin ETFs have registered...

Controversial figure Martin Shkreli issued a stark warning for Bitcoin (CRYPTO: BTC) proxy stock, MicroStrategy Inc. (NASDAQ:MSTR), on Monday, predicting its potential liquidation and a significant Bitcoin surge. What Happened: Shkreli, popularly known as “Pharma Bro,” took to X to vent his thoughts on MicroStrategy’s ongoing downturn, which has resulted in...

A South Korean court has approved an arrest warrant for President Yoon Suk Yeol after he refused three summons requests from investigators....

Leading digital asset manager Grayscale Investments broadened its Top 20 list of cryptocurrencies on Monday by adding six new tokens with strong growth potential for the upcoming quarter. What Happened: Grayscale added Layer-1 blockchain token Hyperliquid (HYPE), decentralized stablecoin protocol Ethena (CRYPTO: ENA), AI agent creator Virtuals Protocol (VIRTUAL), decentralized exchange...

MicroStrategy continues its Bitcoin (BTC) buying spree. The business intelligence firm scooped 2,138 BTC for $209 million in its latest purchase, pushing its total holdings to 446,400 BTC. MicroStrategy Ends 2024 With Another Bitcoin Buy In an announcement made today, the US-based company stated it had further bolstered its...

Leading coins moved further south Monday as traders turned to profit-taking ahead of the New Year.  Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -1.05% $92,439.45 Ethereum (CRYPTO: ETH)                -1.23% $3,340.67 Dogecoin (CRYPTO: DOGE)           -0.67% $0.3138 What Happened: Bitcoin had a bumpy morning, dipping to a...

The People’s Bank of China (PBOC) digital currency cryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration is particularly noteworthy given the contrasting approach of crypto between mainland China and Hong Kong. Notably, while mainland China maintains its strict ban on cryptocurrency trading and mining, Hong...

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Television host Jim Cramer is known for his outlandish takes on the stock market and his often back-and-forth recommendations that can quickly change day to day and week to week. Cramer has also provided the same back-and-forth recommendations on the cryptocurrency sector in recent years. Here’s a look back...