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ARK offloaded $13M worth of GBTC shares last week.
Traders have increasingly favored these networks over Ethereum for their lower transaction fees and faster speeds.
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Bitcoin has pulled back below the $42,000 level, causing almost $16 million in long liquidations.Conversely, major stock indices continued to post gains two days after the Fed’s latest rate pause.
Like it or not, dog tokens are driving big business in the crypto markets.
The U.S. central bank yesterday signaled that far easier monetary policy is in store for 2024.
Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.
- 2024/12/18 23:44Overview of Important Overnight Developments on December 1921:00-7:00 Keywords: Fed rate cut, Powell, Ethena Labs, Avara 1. The Fed cuts rates by 25 basis points; 2. BTC falls below $101,000; 3. Powell: The Fed has no intention of holding Bitcoin; 4. Michael Saylor refuses to comment on whether he met with Trump; 5. Trump family crypto project WLFI partners with Ethena Labs; 6. Powell: It may take another year or two to reach the 2% inflation target; 7. Avara completes a new round of financing of $31 million, led by Lightspeed Faction.
- 2024/12/18 22:43Trump and Pence issue joint statement, urging Congress to start discussing the debt ceiling issue nowOn December 19, U.S. President-elect Trump and Vice President-elect Pence released a joint statement on X, stating "Raising the debt ceiling is not a good thing, but we would rather do it during Biden's term." "If Democrats are unwilling to cooperate on the issue of the debt ceiling now, who would think they will cooperate during our administration in June? Let us have this debate now," Trump and Pence said in the statement. Trump and Pence also called on Congress to "pass a streamlined spending bill that does not allow Senate Majority Leader Schumer and Democrats to do whatever they want."
- 2024/12/18 22:33Bitcoin falls below 10,1000 dollarsBitget market shows that Bitcoin has fallen below 10,1000 dollars.