On Wednesday, Dec. 18, the 12 spot bitcoin (BTC) exchange-traded funds (ETFs) attracted $275.39 million in positive inflows, even as the broader cryptocurrency market faced a downturn and bitcoin briefly dipped below $100,000. Ether ETFs Record Modest Gains as Bitcoin Funds Shine Both spot bitcoin ETFs and their ether (ETH) counterparts reported gains on Dec. […]
EUR/USD consolidates after Fed-induced drop – Scotiabank
The post EUR/USD consolidates after Fed-induced drop – Scotiabank appeared on BitcoinEthereumNews.com. The Euro (EUR) has has recovered on Thursday about half of the sell-off against the US Dollar (USD) seen after the Federal Reserve’s (Fed) policy decision, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Gains to remain limited to the low-mid 1.0400 area […]
A Look at South Korea’s Role
The post A Look at South Korea’s Role appeared on BitcoinEthereumNews.com. XRP’s trading volume in South Korea surpasses Bitcoin, reflecting its growing demand. CTF rewards program boosts XRP adoption by offering cashback and product redemption. Political unrest in South Korea caused XRP’s price to drop, but quickly recovered. XRP is a top performer in South […]
What is Binance Alpha doing for token projects? FARTCOIN, MONKY, and others gain market traction
The post What is Binance Alpha doing for token projects? FARTCOIN, MONKY, and others gain market traction appeared on BitcoinEthereumNews.com. Binance recently launched Binance Alpha, a new token listing mechanism designed to address the growing demand for early-stage crypto projects. The new platform is currently at the center of controversies after wrongfully announcing a batch […]
Tracking Trump’s crypto footprint – Blockworks
The post Tracking Trump’s crypto footprint – Blockworks appeared on BitcoinEthereumNews.com. This is a segment from the Empire newsletter. To read full editions, subscribe. It’s probably safe to say that Donald Trump isn’t really signing transactions on Polygon and Ethereum himself. Still, those handling the crypto projects he’s linked to are doing their best to […]
Bitcoin Reclaims Strong Correlation With S&P 500 – What This Means For BTC
The post Bitcoin Reclaims Strong Correlation With S&P 500 – What This Means For BTC appeared on BitcoinEthereumNews.com. Bitcoin has surged past its all-time high again, reaching an impressive $108,300 and solidifying its position as the market leader. This rally marks a continuation of Bitcoin’s push into price discovery, fueled by growing investor demand and […]
Wall Street’s fear gauge — the VIX — saw second-biggest spike ever on Wednesday
The post Wall Street’s fear gauge — the VIX — saw second-biggest spike ever on Wednesday appeared on BitcoinEthereumNews.com. A television station broadcasts the Federal Reserve’s interest-rate cut on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 18, 2024. Michael Nagle | Bloomberg | Getty Images Wall […]
Binance Global Survey Found 45% of Users Joined Crypto in 2024
The post Binance Global Survey Found 45% of Users Joined Crypto in 2024 appeared on BitcoinEthereumNews.com. Binance found out that 45% of users joined crypto in 2024, in its global user survey. Around 20% of the users are expecting more crypto regulation in 2025. 24% of survey participants estimate that AI tokens lead the market’s […]
Harbour Teams with Velocity Labs to Launch Instant Stablecoin Payment Between EU Banks and Polkadot
London, UK, December 19th, 2024, Chainwire Harbour, in partnership with Velocity Labs, announces the launch of their stablecoin payment system “Magic Ramp”, connecting SEPA Instant payment rails with Polkadot. This collaboration seamlessly integrates TradFi banking systems into Web3, providing efficient, low-cost payment solutions. Magic Ramp allows Euros to be sent from any bank account and […]
Is El Salvador Scaling Back Its Bitcoin Ambitions With IMF Deal?
The post Is El Salvador Scaling Back Its Bitcoin Ambitions With IMF Deal? appeared on BitcoinEthereumNews.com. El Salvador, the first country to make Bitcoin a legal tender has finally reached a deal with the International Monetary Fund (IMF) for a $1.4 billion loan. It comes at a condition of scaling down its “Bitcoin Project”. As […]