Sunday, December 7

Crypto

Watch These BTC Price Levels

Key takeaway:Bitcoin charts forecast further downside, but traders remain hopeful that a short squeeze to $98,000 will reverse the bearish trend.Bitcoin (BTC) has been trending down alongside the broader crypto market since Nov. 3, dropping to a six-month low of…

21shares Launches Six Crypto ETPs in Sweden Amid ETF Craze

21Shares, a major crypto exchange-traded product (ETP) provider, is expanding its offerings in Europe with the launch of six more funds on Sweden’s stock exchange, Nasdaq Stockholm.21Shares on Thursday announced the cross-listing of six additional products on Nasdaq Stockholm, including…

Aztec Launches One of Ethereum’s Few Fully Decentralized L2

Ethereum layer-2 network Aztec launched its mainnet Wednesday — albeit with partial functionality — marking the launch of one of the few fully decentralized networks in the ecosystem.According to an Aztec email viewed by Cointelegraph, Aztec has launched its “Ignition”…

Bitcoin Whale Sells .3B BTC As Institutions Buy 40% Bitcoin ETFs

Owen Gunden, one of the richest early Bitcoin holders, has sold his entire Bitcoin position as retail investors flee the market and institutions continue increasing their share of spot Bitcoin exchange-traded funds.The wallet tagged as Owen Gunden by blockchain data…

US Bitcoin ETFs Break Outflow Streak With M Inflows

United States-listed spot Bitcoin exchange-traded funds (ETFs) broke a five-day outflow streak on Wednesday, recording $75.4 million in net inflows as Bitcoin reclaimed the $92,000 price point. Farside Investors data showed inflows led by BlackRock’s iShares Bitcoin Trust (IBIT), which pulled…

DAT ‘Hotel California’ Meets BlackRock Staked ETH ETF

Concerns are mounting over the sustainability of corporate crypto-treasury firms as BlackRock moves forward with a staked Ether fund that analysts say could compete directly with existing digital-asset treasuries.BitMine Immersion Technologies, the world’s largest corporate Ether (ETH) holder, is currently…

Trump’s WLFI Ignites Centralization Risks With Asset Reallocation

The Trump family-backed crypto project World Liberty Financial has reignited concerns about its ability to freeze and reassign user funds, despite promoting itself as “community governed.”The platform said Wednesday that it will reallocate assets affected in a pre-launch phishing attack…

ARK Invest Buys Bullish, Circle and BitMine As Crypto Stocks Sink

Cathie Wood’s ARK Invest increased its exposure to crypto-related stocks on Wednesday, purchasing Bullish, Circle Internet Group and BitMine Immersion Technologies across multiple exchange-traded funds (ETFs) as crypto stocks slid deeper into the red.According to ARK’s daily trade disclosure, the…

Young Rich Investors Ditching Advisers Over Crypto Access

Money managers may need to rethink their approach to digital assets, with over a third of young, wealthy investors in a recent US survey indicating they had moved on from advisers who don’t offer crypto exposure.Crypto payments provider Zerohash’s survey…

Bitwise XRP ETF Debuts as Community Questions Ticker Choice

Bitwise Asset Management has confirmed that its new spot exchange-traded fund (ETF) tracking XRP is set to launch on Thursday, under the ticker “XRP.”The new fund will go live on the New York Stock Exchange, the asset manager announced, which…

Bitcoin Price Slump Not To Be Blamed On US Government Or AI

Bitcoin’s recent price plunge has little to do with the recent US government shutdown or with the so-called AI tech bubble, according to crypto analysts.Many market participants had speculated that Bitcoin (BTC) — which recently fell to its lowest level…

Crypto Protocols Need End-to-End Decentralization

The crypto ecosystem has made strides in decentralizing blockchains, but the recent Cloudflare incident showed that true resilience requires decentralizing the frontend and storage layers as well, blockchain infrastructure platforms argue. Decentralizing blockchains through consensus, a robust set of validators,…

Crypto Whales Increase Buying as Bitcoin Drops and Market Fear Rises

Bitcoin whale activity could experience its highest spike in weekly transactions this year with Bitcoin falling under $90,000, according to the market intelligence platform Santiment.The increase in whale activity has grown in step with the slump in crypto prices, Santiment…

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