Bitcoin BTC$90,068.51 experienced its toughest fourth quarter since 2022, but a time-honored Wall Street pattern may soon bring relief to battered BTC bulls. That pattern is the S&P 500’s tendency to produce a Santa Claus rally — a rally during the last five trading days of December and the first two of January. A repeat […]
S&P 500’s Santa Tradition Gives Hope to Battered Bitcoin (BTC) Bulls Read More »
By Omkar Godbole (All times ET unless otherwise noted) The week has gotten off to a positive start with bitcoin BTC$90,151.98 up more than 1% to $89,800, nearing the upper end of the recent week-long play between $85,000 and $90,000. Overhead supply between $92,000 and $95,000 remains a key hurdle for the bulls to overcome,
BTC Price Finds Its Legs As Gold Rises To Another Record: Crypto Daybook Americas Read More »
Gold surged to a record, bringing cheers to metal-backed digital tokens traditionally seen as a haven investment. XAUT$4,412.35the largest gold-backed token by market cap, rose to a record high of $4,425, while PAXG (PAXG) and China’s gold (KAU) also rose, lifting the total market cap of gold-backed tokens to $4.38 billion. “The message is clear.
Gold tokens shine as BTC price rises to $89,000 Read More »
The number of bullish bitcoin BTC$89,761.33 bets raised with borrowed funds continue to rise on Bitfinex, one of the oldest cryptocurrency exchanges. The so-called margin-long positions have risen to around 72,700 BTC, the highest since February 2024, according to data source TradingView. The figure has risen from around 55,000 BTC since October, indicating a sustained
Bullish bitcoin (BTC) plays on Bitfinex swell to highest since early 2024 Read More »
The crypto market is gearing up for a massive structural reset on Friday with billions of dollars worth of bitcoin BTC$89,790.13 and ether ETH$3,037.84 settings set to expire on Deribit. This colossal “Boxing Day” event, named after the holiday observed in many countries on December 26, will see $23.6 billion in bitcoin options and $3.8
$27 billion worth of bitcoin and ether options set to reset at year-end Read More »
new video loaded: Uber clears violent criminals from driving Our reporter, Emily Steel, found that in many states, Uber’s guidelines allow people with serious criminal convictions to drive as long as those convictions are more than seven years old. Some of these drivers have assaulted or sexually harassed passengers. By Emily Steel, Christina Shaman, Zach
Uber clears violent criminals from driving Read More »
It’s a quiet, shortened week in the run-up to the year-end, with little planned for crypto specifically. The standout event is the Uniswap vote on a government proposal called UNification. If passed, the proposal would enable protocol fees, burn 100 million UNI tokens from the treasury and bring Uniswap Labs and the Uniswap Foundation into
Uniswap Vote, US GDP: Crypto Week Ahead Read More »
Bitcoin traded near $88,800 on Monday as global markets leaned back on risk following record gold prices and gains across Asian shares. Ether climbed back above $3,000, while XRP, Solana and Dogecoin also rose higher after a volatile stretch where crypto prices fluctuated wildly independent of stocks and commodities. The steadier tone came as gold
Bitcoin Holds Close to $89,000 as Gold Hits Record Read More »
Uniswap’s long-running debate over how or whether the protocol should return value to UNI holders is close to being resolved. The protocol’s “UNIfication” proposal has already passed quorum, with more than 69 million UNI tokens voting in favor and virtually no opposition as of Monday. Voting is open until December 25, but the margin suggests
Hong Kong is planning a move to unlock a multibillion-dollar capital pool for digital assets and related infrastructure, potentially marking a watershed moment for institutional crypto adoption in Asia. Hong Kong Insurance Authority (IA) is proposing new rules that would allow the city’s 158 licensed insurers to channel funds into assets, including cryptocurrencies, according to
Hong Kong proposes new rules to leverage insurance capital for cryptocurrencies Read More »
