Bitcoin may hit $50K on altcoin ‘FUD’ as Ethereum, Solana beat gains

Bitcoin (BTC) struggled to hold above $43,000 into Dec. 8 as an altcoin surge put Ether (ETH) in the spotlight. BTC/USD 1-hour chart. Source: TradingView ETH, SOL step up as Bitcoin takes... Read more »

Bitcoin options data shows whales betting big — Will $50K BTC come in January?

Bitcoin (BTC) options open interest reached an unprecedented milestone, surging to a staggering $20.5 billion on Dec. 7. This remarkable achievement signifies the active involvement of institutional investors in the cryptocurrency space.... Read more »

Russia debuts cross-border payments in Tether stablecoin

One of Russia’s first cross-border payment platforms has officially announced its launch and says it will facilitate local legal entities to process international settlements in cryptocurrency. Exved, a local digital settlement platform... Read more »

Bitcoin’s huge rally has nuked $6B in shorts this year: S3 Partners

Crypto industry short sellers have lost at least $6 billion trying to bet against publicly-traded crypto firms this year, due largely to Bitcoin’s (BTC) outsized rally since Jan. 1. According to a... Read more »

Lawmakers’ fear and doubt drives proposed crypto regulations in US – Cointelegraph Magazine

Real bipartisan legislative efforts are rare in Washington, DC, these days, but Democratic Senators Elizabeth Warren and Joe Manchin and Republican Senators Lindsey Graham and Roger Marshall have managed to come together... Read more »

Bitcoin is up 170% since the ECB called its ‘last gasp’ at $16.4K

Bitcoin (BTC) has gained almost 170% since the European Central Bank (ECB) warned of its impending “irrelevance.” As noted by crypto proponent Eric Wall and others on Dec. 4, BTC price action... Read more »

Bitcoin futures open interest on CME nears 2021 all-time high

Bitcoin (BTC) futures open interest has reached $5.2 billion on the global derivatives giant Chicago Mercantile Exchange (CME), $200 million shy of its late October 2021 all-time high. Open interest in CME’s... Read more »

BTC price sets new 19-month high in ‘choreographed’ Bitcoin whale move

Bitcoin (BTC) returned above $42,000 on Dec. 5 as analysis remained suspicious of market manipulation. BTC/USD 1-hour chart. Source: TradingView Analysis: New Bitcoin bids are not “organic” Data from Cointelegraph Markets Pro... Read more »

Hashdex tips spot Bitcoin ETFs to trade by Q2, followed by Ethereum

Hashdex, one of the 13 asset managers vying for a spot Bitcoin (BTC) exchange-traded fund, expects to see the first spot Bitcoin ETF in the United States land by the second quarter... Read more »

Core Scientific explains its latest bankruptcy plan ahead of court date

Bitcoin (BTC) miner Core Scientific has released a presentation outlining its plans to emerge from bankruptcy in early January 2024. The presentation is based on the third amended joint Chapter 11 plan... Read more »