Altcoins Rally Amid Bitcoin’s Decline, Accumulation Remains Strong

Tuesday saw a significant breakout in the altcoin market, even as Bitcoin briefly dipped to $92.4K before staging a mild recovery. Investors who seized the opportunity to buy speculative cryptocurrencies during the dip are now reaping the rewards. However, it’s important to note that Bitcoin has been the driving force throughout this bull cycle. 📈 … Read more

Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

Russia is embracing bitcoin for international trade to bypass Western sanctions, signaling a strategic shift toward digital currencies to counter economic isolation and strengthen global partnerships. Russian Trade Goes Crypto – How Bitcoin Is Reshaping Global Power Dynamics Russia’s finance minister, Anton Siluanov, disclosed that Russian companies are utilizing bitcoin and other digital currencies for … Read more

Christmas Day Sees Decade-Old Sleeping Bitcoin Wallets Come Back to Life

On Dec. 25, 2024, at 3:30 p.m. Eastern Time as Christmas festivities unfold, bitcoin’s price hovers at a cool $99,092 amidst the holiday’s quiet market. Meanwhile, a treasure of 210 bitcoins, last touched over a decade ago and now valued at $20.6 million, has stirred into action. Vintage Bitcoin Stashes Resurface Several dormant bitcoin wallets … Read more

Crypto Shake-Up: Bitcoin ETFs Plummet as Ether Funds Surge Ahead

On Christmas Eve, the 12 spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $338.38 million, while the nine spot ether ETFs enjoyed inflows of $53.54 million. Bitcoin ETFs Falter as Ether ETFs Rally in Market Tug-of-War Tuesday marked the fourth consecutive day of losses for the spot bitcoin ETFs, with $338.38 million leaving the sector. … Read more

3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves

Eleven months and thirteen days ago, the U.S. welcomed its first spot bitcoin exchange-traded funds (ETFs) into the fold of traditional finance (tradfi). Since their debut, these ETFs have not only broken records but have also amassed more than a million bitcoins. Surging Spot ETFs Spark Power Shift in Crypto Investments The launch of these … Read more