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Price analysis 12/20: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, TON

A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Hawk Tuah influencer speaks out after memecoin rug pull allegations

A memecoin bearing Haliey Welch’s likeness rose to a market capitalization of roughly $500 million after its launch on Dec. 4 before dropping by 90%.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

‘Ragnarok: Landverse’ Expanding to Ethereum Gaming Network Ronin

Spun off from the classic Ragnarok Online experience, crypto game Ragnarok: Landverse will land alongside Pixels and Axie Infinity on Ronin.

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

Japan's Answer to MicroStrategy Raises $61 Million to Buy More Bitcoin

Metaplanet, a Japanese investment firm, has issued more debt to buy Bitcoin despite apparent pushback from shareholders this week.

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

Quantum BioPharma invests $1M in BTC, cryptos for treasury diversification

The company announced the acquisition of $1 million in Bitcoin and other cryptocurrencies on Dec. 20, triggering a 10% drop in its stock.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

I don’t support a Strategic Bitcoin Reserve, and neither should you

Nic Carter lays out his arguments against a Bitcoin Strategic Reserve.

Published on: December 20, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Ark Invest CEO Cathie Wood predicts Bitcoin will top $1 million by decade’s end

Ark Invest CEO Cathie Wood reiterated her bullish outlook on Bitcoin (BTC), predicting that it will soar past $1 million by the end of the decade. She made the prediction during a Bloomberg Markets interview, in which she attributed Bitcoin’s rising value to its finite supply of 21 million coins and growing institutional interest. She […] The post Ark Invest CEO Cathie Wood predicts Bitcoin will top $1 million by...

Published on: December 20, 2024 | Source: CryptoSlate favicon CryptoSlate

Bitcoin dips to $92K in ‘optimal dip-buying’ move as PCE boosts crypto

BTC price weakness finds support at familiar levels with Bitcoin traders seeing historical patterns playing out.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin dominance rises to 60% as altcoins falter

The recent downturn in the crypto market, marked by significant losses for major altcoins like Ethereum, Solana, and XRP, is driving investors back to Bitcoin. Data from TradingView reveals that Bitcoin’s share of the overall crypto market has climbed 6% in the past week, standing just below 60% at press time. This rebound is notable, […] The post Bitcoin dominance rises to 60% as altcoins falter appeared first on...

Published on: December 20, 2024 | Source: CryptoSlate favicon CryptoSlate

It’s Time to Admit It – There Are Only 2.1 Quadrillion Bitcoins

I'm in favor of BIP 21Q – it's a clever way to resolve known problems with Bitcoin denominations.

Published on: December 20, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Dogecoin Plummets to Lowest Price in a Month, Outpacing Bitcoin and XRP Losses

Bitcoin, Ethereum, Solana, and XRP are down bad, but Dogecoin is the biggest loser by far in the top 10 coins with a 19% daily dump.

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

Tornado Cash’s legal win prompts co-founder Roman Storm to fight charges

Roman Storm, developer of the crypto-mixing platform Tornado Cash, has filed a motion to dismiss the criminal charges filed against him by US authorities. His request follows a significant legal decision by the Fifth Circuit Court, which ruled that sanctions imposed by the US Treasury’s Office of Foreign Assets Control (OFAC) on Tornado Cash’s immutable […] The post Tornado Cash’s legal win prompts co-founder Roman...

Published on: December 20, 2024 | Source: CryptoSlate favicon CryptoSlate

French regulator authorizes crypto operations for BPCE subsidiary

BPCE’s crypto subsidiary, Hexarq, is the second banking crypto outfit to receive a nod from French regulator AMF after Société Générale’s Forge.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Tumble Triggered $1.4 Billion in Liquidations

Altcoins have felt the sting, too. Ethereum was down 16% over a 24-hour period at one point, with XRP plunging 18% and Dogecoin 26%.

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

On-chain AI and the future of privacy: Jesse Glass talks identity, AGI, and Decide AI’s 2025 roadmap

In a recent episode of the SlateCast, CryptoSlate’s Editor-in-Chief Liam “Akiba” Wright and CEO Nate Whitehill sat down with Jesse Glass, Lead AI Researcher at Decide AI. The conversation delved into Decide AI’s groundbreaking efforts to merge artificial intelligence (AI) with blockchain technology, focusing on privacy-preserving identity verification, the role of decentralized AI in advancing […] The post On-chain AI...

Published on: December 20, 2024 | Source: CryptoSlate favicon CryptoSlate

2024 in review: The UAE crypto legal chronicles

2024 cemented the UAE’s status as a global crypto hub as its landscape changed substantially with new stablecoin regulations, tax exemptions and stricter marketing rules.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Exploring Six On-Chain Indicators to Understand the Bitcoin Market Cycle

Explore key Bitcoin metrics like the Puell Multiple and MVRV Z-Score to understand this cycle’s progress, anticipate price peaks, and prepare for Bitcoin’s potential path toward $200K.

Published on: December 20, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Bitcoin ETFs See Record-High Outflows of $672 Million

“Investors are likely to start taking profits due to the uncertainty caused by the Fed's policy," an analyst predicted.

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

Cathie Wood foresees startup M&A surge, $1M Bitcoin under Trump

Cathie Wood predicts a surge in M&A activity under Trump’s administration, driven by deregulation and reduced FTC barriers.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Blockchain broadens music royalty access on Audius with ICE deal

A new multi-territory licensing agreement between Audius and ICE opens up royalty opportunities for over 330,000 music rights holders.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Top College Football Pick Inks Bitcoin Contract With University of South Carolina

“This is a game-changer for me,” said Tagoa’i. “By taking part of my NIL earnings in Bitcoin, I’m setting myself up for long-term financial growth.”

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

Tornado Cash Dev Wants Charges Dropped Because Sanctions Deemed Illegal

A court motion argues that "there is no deliberate action Mr. Storm could have taken here" with Tornado Cash.

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

Coinbase Revenue Outpaces Nasdaq—Here's What Analysts Say It Means

Coinbase still has lower volume, "but because they charge higher fees, that's where they have higher transaction revenue," an analyst said.

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

Barclays-backed Copper withdraws UK crypto license application

The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Ethereum layer 2s hold $13.5B stablecoin supply

Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin ETFs hit by record $671.9M outflows in 1 day

Bitcoin ETFs saw a record $671.9M outflows on Dec. 19, coinciding with Bitcoin’s price dip and marketwide liquidations.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Bankrupt Cryptopia exchange distributes $225M to hack victims

Initially owing creditors $4.2 million, Cryptopia’s liquidator Grant Thornton has distributed at least $225 million in crypto to hack victims in December.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin whale support includes mid-$60K zone in new BTC price warning

BTC price downside is due to produce new long-term lows before recovering, according to an analyst who predicted the breakout to $95,000.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

What is a seed phrase, and why is it important?

It’s crucial to securely back up and store your seed phrase in multiple safe places, ensuring that you’re the only one who can access it when needed.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Firm building decentralized supercomputer attracts 1.5M nodes during testnet

Nexus said the testnet results show that there’s “early excitement” for a shared supercomputer.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

El Salvador buys 11 BTC only a day after reaching a deal with IMF

El Salvador purchased 11 Bitcoin a day after reaching a $1.4 million IMF loan deal that called for a reduction in public sector engagement in “Bitcoin-related economic activities.”

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

Crypto chatter about ‘buying the dip’ hits 8-month high: Santiment

The ratio of mentions on social media of “buying the dip” ramped up as Bitcoin dropped below the six-figure price level, according to Santiment.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph

German Watchdog Cracks Down on Worldcoin Over Biometric Data

Bavaria's data regulator has directed Worldcoin to establish a GDPR-compliant data deletion protocol by January's end.

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

SEC Approves First Hybrid Bitcoin-Ethereum ETFs From Hashdex, Franklin Templeton

Following multiple review extensions since June, the regulator has approved the first dual Bitcoin-Ethereum ETFs.

Published on: December 20, 2024 | Source: Decrypt favicon Decrypt

SEC simultaneously approves Hashdex, Franklin’s Bitcoin-Ether ETFs

Securities exchange NYSE Arca has expressed interest in listing a Grayscale crypto index ETF holding a diverse basket of spot crypto but has yet to receive approval.

Published on: December 20, 2024 | Source: Cointelegraph favicon Cointelegraph