The crypto market awoke this morning to another sharp retreat, with Bitcoin slipping further below $86,000 and dragging altcoins and stocks with it. ETF flows are bleeding, compounding the gloom as institutional investors pare back exposure ahead of key US and global central bank decisions. The m... ... Read full đ´đ Market Analysis: 19-12-06
The total crypto market capitalization has fallen to an eight-month low, erasing much of this yearâs gains, as analysts remain bearish in the short term.Total market capitalization fell to $2.93 trillion in late trading on Thursday, its lowest level since April, according to CoinGecko.The total markâŚ
Key takeawaysLibyaâs cheap, subsidized electricity made it profitable to run even older, inefficient Bitcoin miners.At its peak, Libya is estimated to have generated around 0.6% of the global Bitcoin hash rate.Mining operates in a legal grey zone, with hardware imports banned but no clear law governâŚ
Over $3.16 billion worth of Bitcoin and Ethereum options are set to expire on Friday at 08:00 UTC on Deribit, marking the final major derivatives settlement before Christmas.With liquidity thinning out as the holiday period approaches and positioning tightly clustered around key price levels, traderâŚ
The Bank of Japan raised interest rates by 0.25%, taking the benchmark rate to 0.75%, the highest in nearly 30 years. The central bank also signaled that more rate hikes could come in the future if the economy remains strong.This tighter policy has raised concerns among macro analysts, who warn thatâŚ
Crypto payment platform MoonPay is poised to receive a significant fundraising boost as recent reports suggest that Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), is exploring an investment in the company. According to a Bloomberg report, which cited sources familiâŚ
As the market volatility continues, Bitcoin (BTC) has failed to hold its short-lived momentum and reclaim a key resistance level for the second time this week. Some market watchers have affirmed that the flagship crypto may continue to have a disappointing end-of-year rally and potentially reach newâŚ
Crypto asset manager Bitwise has officially filed a Form S-1 with the U.S. Securities and Exchange Commission to launch a spot SUI ETF, marking another major step in the expanding crypto ETF market. The proposed product, called the Bitwise SUI ETF, would offer investors direct exposure to the spot pâŚ
The Bank of Japan (BOJ) raised its policy interest rate by 25 basis points to 0.75% on December 19. It marks its highest level in nearly 30 years, reinforcing the countryâs gradual exit from ultra-easy monetary policy.Yet despite the historic shift and warnings of a global liquidity squeeze, BitcoinâŚ
The administrator overseeing Terraform Labs' liquidation has sued Jump Trading and its top executives, seeking to hold them liable for the firm's multibillion-dollar collapse in 2022.According to a Wall Street Journal report, Terraform Labs' court-appointed plan administrator, Todd Snyder, is seekinâŚ
World Liberty Financial has put forward a proposal to tap a portion of its token treasury to grow USD1, the dollar-pegged stablecoin linked with the project. The plan would free up about $120 million to back listings, liquidity programs and partner incentives.Treasury Move Could Add Firepower To USDâŚ
Strategy CEO Michael Saylor claims that "quantum fears" could actually be uniquely bullish for Bitcoin. He reframes what is typically seen as an existential threat to Bitcoin as a catalyst for a massive upgrade and a price increase.A bullish catalyst Saylor argues that a quantum threat will not appeâŚ
Tom Leeâs Ethereum-focused treasury company, BitMine, has bought at least $229.31 million worth of ETH this week alone, Arkham reported. On-chain data show that the firm just bought another 30,075 ETH ($88.73 million).âTwo fresh wallets just withdrew $88.73M of ETH from FalconX,â Arkham Monitoring râŚ