Category: Bitcoin

A common complaint about cryptocurrencies has been the difficulty users face in utilizing them for everyday transactions. But crypto debit cards have bridged the gap between crypto and traditional finance (to an extent), allowing you to spend your cryptocurrencies at millions of merchants worldwide. These cards indicate a significant transformation, where the traditional financial system…

United States spot Bitcoin exchange-traded funds racked up a staggering $35.66 billion in net inflows in 2024 — far exceeding early industry estimates, while the spot Ether ETFs finished strong, seeing net inflows of $349.3 million in the last four trading days to reach $2.68 billion since launch. BlackRock’s iShares Bitcoin Trust ETF (IBIT) led…

Bitcoin has had such a historic year! Nearly 16 years after its network debuted, cryptocurrency solidified its status as a mainstream financial instrument with the approval of 11 exchange-traded funds in January. The ETFs’ launch marked one of the most successful debuts in history thanks to institutional demand, with Bitcoin-focused funds attracting over $113.5 billion…

The European Union’s cryptocurrency regulations are set to take full effect in just a matter of days, but there’s still a significant amount of uncertainty on Tether’s USDt stablecoin. United States crypto exchange Coinbase delisted Tether’s USDt (USDT) in mid-December, citing compliance with the EU’s Markets in Crypto-Assets Regulation (MiCA). After Coinbase’s USDT delisting, the…

Private Bitcoin transactions — using a process called CoinJoin — has tripled since 2022 as a result of huge Bitcoin accumulators accelerating their purchases of Bitcoin, according to CryptoQuant.  These Bitcoin whale addresses are primarily linked to spot Bitcoin (BTC) exchange-traded funds, MicroStrategy and custodial wallets, according to CryptoQuant’s Ki Young Ju, who explained that…

Brazil’s potential decision to ban stablecoin transfers to self-custodial wallets would only trigger a further shift to decentralization, industry executives say. Banco Central do Brasil (BCB), the central bank of Brazil, on Nov. 29 officially proposed to ban transactions of stablecoins like Tether’s USDt (USDT) to self-custodial wallets like MetaMask or Trezor. Stablecoin use has…

Bitcoin reserves on Binance, the world’s largest crypto exchange by trading volume, has dropped to levels not seen since January 2024, just two months before Bitcoin’s price skyrocketed 90% in March. If Bitcoin follows the same pattern with its current price of $98,680, it would mean a $187,500 price in a matter of months. Signals…

As cryptocurrency continues to embed itself into the mainstream, its influence is becoming increasingly visible in today’s popular culture. From documentaries and music to reality TV and even live music events, 2024 showcased crypto’s evolving presence in ways that entertained, educated and sometimes baffled audiences.  Here are five notable instances where crypto made a mark…

As 2024 draws to a close, crypto had a huge year for those who battled both for and against the space. One side championed the tech and wanted to steamroll it forward, while the other side still hasn’t warmed to it or has given crypto a bad rap.  Here, Cointelegraph highlights its seven crypto-supporting “Santas”…

Software company MicroStrategy is calling a special shareholder meeting to expand its equity-issuance plan and purchase more Bitcoin (BTC).  According to a Dec. 23 proxy filing with the Securities and Exchange Commission, the company is seeking permission to increase the number of authorized shares for both Class A common stock and preferred stock, giving it…

Cryptocurrency hackers in 2024 surpassed the previous year’s achievements, stealing more than $2.3 billion worth of crypto from the Web3 ecosystem, a concerning sign for the industry’s mainstream acceptance. Crypto hacks saw a sharp uptick, driven by the appeal of increasing cryptocurrency valuations after Bitcoin (BTC) surpassed the $100,000 mark for the first time on…

Crypto.com has launched an institutional cryptocurrency custody service in the United States as part of a broader plan to expand its presence in the country, the crypto exchange said on Dec. 23. Dubbed Crypto.com Custody Trust Company, the chartered trust is eligible to custody assets for US institutions and high-net-worth individuals, Crypto.com said.  Digital assets…

Nasdaq-listed firm La Rosa Holdings (LRHC) will integrate Bitcoin (BTC) and cryptocurrency payment options for its network of more than 3,000 real estate agents in the United States.  According to a Dec. 23 announcement, the company will allow agents to receive commissions in digital assets. The company provides a platform, La Rosa Realty, that helps…

Japanese investment firm Metaplanet has made its largest-ever single Bitcoin purchase, scooping up nearly 620 Bitcoin as the cryptocurrency trades below $100,000.  On Dec. 23, Metaplanet announced that it had scooped up 619.7 Bitcoin (BTC) worth just under $60 million, with Bitcoin trading at around $96,000. It is the largest single purchase the firm has…

President-elect Trump has nominated economist and former advisor Stephen Miran as the chairman of the Council of Economic Advisors, which will counsel the Executive Branch on economic policy and strategy. Miran previously served as a senior advisor for economic policy at the United States Treasury Department under the first Trump administration. During a recent episode…

Bitcoin bull Michael Saylor’s MicroStrategy has brought former Binance.US CEO Brian Brooks and two other executives onto its board. The appointments follow Nasdaq’s recent announcement of MicroStrategy’s inclusion in the Nasdaq 100. Brian Brooks, Jane Dietze — who also sits on Galaxy Digital’s board — and Gregg Winiarski, chief legal officer at Fanatics Holdings, have…

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.

Bitcoin (BTC) neared $100,000 on Dec. 21 after a “monster” BTC price bounce delivered snap upside. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price starts weekend with sudden rebound Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it gained $7,000 in under 24 hours. After liquidating leveraged long positions with a trip back to…

Bitcoin’s (BTC) daily chart has produced three consecutive red candles for the first time since the first week of November, which coincidentally was the lead-up period to Donald Trump’s US election victory. Another similarity between the last time three or more red candles were observed on the daily chart was that Bitcoin retested the 50-day…

Bitcoin (BTC) sought relief after the Dec. 20 Wall Street open as a giant leverage flush continued to punish late bulls. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price retests December lows in leverage wipeout Data from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering past $96,000 on Bitstamp. Still down 1.5% on the day, Bitcoin…