Today's Crypto and Bitcoin News
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2024/12
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12/20/2024 06:00:22
Social Media 'Buy the Dip' Mentions Peak as Bitcoin Dips Below $100K
According to CoinTelegraph, social media mentions of 'buying the dip' have surged to an eight-month high as Bitcoin's price fell below the $100,000 mark. Data from Santiment reveals that the social dominance score for 'Buying the Dip' reached 0.061 on December 19, the highest since April. Bitcoin's ...
12/20/2024 05:45:43
Altcoin Buzz Highlights 3 Altcoins to Buy Amid Market Dip
According to Altcoinbuzz, the recent market dip, influenced by the Federal Reserve's interest rate cuts and global tensions, presents a buying opportunity for certain altcoins. The Federal Reserve's decision to cut interest rates by 25 basis points led to a significant market downturn, with over $1....
12/20/2024 05:45:19
Vivek Ramaswamy's Account Hacked Amid False $DOGE Partnership Rumors
According to @CoinGapeMedia, recent rumors about a partnership between $DOGE and $USUAL have been confirmed as false. Additionally, it has been reported that Vivek Ramaswamy's account was hacked. The incident highlights the ongoing challenges of cybersecurity in the digital currency space. The false...
12/20/2024 05:15:30
Bitcoin Spot ETFs See $680 Million Net Outflow on December 19
As per @wublockchain12, data from SoSoValue indicates that Bitcoin spot ETFs experienced a total net outflow of $680 million on December 19, Eastern Time. Among these, the WisdomTree ETF BTCW recorded the highest single-day net inflow of $2.0474 million, bringing its historical total net inflow to $...
12/20/2024 04:15:19
KuCoin Launches Web3 Wallet with Christmas OAT Badge Event
In accordance with The KuCoin Team, the highly anticipated KuCoin Web3 Wallet is set to launch soon. To celebrate Christmas, KuCoin is offering an exclusive Christmas OAT badge for users who complete waitlist tasks on Galxe. The event runs from December 19, 2024, to December 31, 2024, with a prize p...
12/20/2024 03:45:25
SEC Approves First Bitcoin and Ethereum Combo ETFs
Citing Coinpedia, the SEC has approved two groundbreaking ETFs: the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. These ETFs uniquely combine spot Bitcoin and Ethereum, offering investors a balanced exposure to both cryptocurrencies. This approval marks a significant mileston...
12/20/2024 03:30:34
AI Agents and Fartcoin Lead Gains with 8.97% and 75.80% Increases
Citing @wublockchain12, on December 20, several cryptocurrencies experienced significant gains. AI Agents rose by 8.97%, while Fartcoin saw a 24-hour increase of 75.80%. Zerebro and AI Rig Complex also reported substantial gains of 50.99% and 43.41%, respectively. Additionally, Movement (MOVE) incre...
12/20/2024 03:01:37
US Stocks Recover, Micron Faces Worst Day Since 2020 Amid Fed's Cautious Tone
Wall Street Recovers Amid Fed Caution on Rate CutsWall Street posted modest gains on Thursday after a volatile Federal Reserve meeting. The S&P 500 rose 0.5%, the Dow gained 0.4%, and the Nasdaq 100 added 0.3%, despite Fed Chair Jerome Powell signaling cautious interest rate cuts for 2024. Econo...
12/20/2024 03:00:19
Bitcoin Hits $100,000, Creating 14,211 Millionaires in a Day
Based on The Coin Republic, on December 5, 2024, Bitcoin reached a milestone value of $100,000, significantly impacting wealth creation. This event resulted in the creation of 14,211 new millionaires in just one day, highlighting Bitcoin's rapid wealth-generating potential compared to traditional st...
12/20/2024 02:59:08
Solv Protocol Introduces SolvBTC DeFi Vault for Bitcoin Yield Strategies
Solv Protocol Launches Advanced Bitcoin Yield StrategiesSolv Protocol introduced the SolvBTC DeFi Vault to enhance Bitcoin earnings in the DeFi space. The vault optimizes Bitcoin yield through automated strategies like SolvBTC.JUP trading and liquidity provision on decentralized platforms like Panca...
12/20/2024 02:45:45
Dogecoin Trading Volume Surges to $6.5B Amid $31M Liquidations
Derived from NewsBTC, Dogecoin's trading volume has surged over 57% in the last 24 hours, reaching $6.5 billion. This increase coincides with a significant price drop of over 5%, influenced by Jerome Powell's speech suggesting a pause on rate cuts, which sparked bearish sentiment. Liquidations have ...
12/20/2024 01:00:20
Institutions Absorb 8 Years of Bitcoin Issuance in 2024
In accordance with @CryptoSlate, institutions have absorbed an equivalent of eight years' worth of Bitcoin issuance in 2024. This significant uptake by institutional investors highlights the growing interest and confidence in Bitcoin as a valuable asset. The absorption rate indicates a strong demand...
12/20/2024 00:30:25
Dogecoin Down 17% in a Month, 78% Predict 69 Cents Before 25 Cents
In accordance with Benzinga, Dogecoin (DOGE/USD) has experienced a 17% decline over the past month, trading at $0.3205. Despite this drop, a recent Benzinga poll indicates that 78% of respondents believe Dogecoin is more likely to reach 69 cents before falling back to 25 cents. This optimism is part...
12/20/2024 00:15:26
North Korean Hackers Steal $1.3 Billion in Crypto in 2024, Doubling 2023 Figures
Based on @wublockchain12, a Chainalysis report reveals that North Korean hackers stole $1.3 billion in cryptocurrency through 47 attacks in 2024. This amount represents 61% of the global total and marks a significant increase from the $660 million stolen in 2023. The report highlights a notable rise...
12-19
12/19/2024 23:15:28
SEC Approves Hashdex Nasdaq Bitcoin & Ethereum Crypto Index ETF
JUST IN: the U.S. Securities and Exchange Commission (SEC) has approved a new crypto index ETF by Hashdex, which will be listed on Nasdaq. This ETF includes both Bitcoin and Ethereum, marking a significant development in the cryptocurrency investment landscape. The approval was announced on December...
12/19/2024 23:15:19
Crypto Market Faces $1.25 Billion Liquidation Amid Fed's Inflation Projections
Crypto Market Liquidation Highlights Inflation Concerns
According to BeInCrypto, The cryptocurrency market has faced a sharp downturn, losing 10% of its value and experiencing liquidations worth $1.25 billion in just 24 hours. This decline has raised concerns about market stability amidst macroecono...
12/19/2024 22:46:03
Usual Utilizes M^0 Infrastructure for New Stablecoin Launch
Based on @TheBlock__, Usual, a rapidly-growing stablecoin issuer, has announced the launch of a new token using M^0 infrastructure. This development marks Usual as the latest company to adopt M^0's technology for stablecoin issuance. The move is part of Usual's strategy to enhance its offerings in t...
12/19/2024 22:16:46
MetaMask Integrates EOS Network, Enabling EOS Staking for 30M Users
As reported by CoinJournal, MetaMask has integrated with the EOS Network, allowing its users to access and interact with the EOS web3 ecosystem. This integration, facilitated by the EOS Wallet Snap, enhances functionality and security for MetaMask users, enabling them to stake EOS coins and create E...
12/19/2024 22:15:24
Aptos Labs Co-Founder Mo Shaikh Resigns as CEO
Based on @TheBlock__, Mo Shaikh, the co-founder of Aptos Labs, has announced his resignation as CEO. The announcement was made on December 20, 2024. Aptos Labs is known for its work in the blockchain industry, and Shaikh's departure marks a significant leadership change for the company. The reasons ...
12/19/2024 20:46:11
Bitcoin Drops Below $100K Amid Profit-Taking; iDEGEN Raises $7M
Based on CoinJournal, Bitcoin experienced a sell-off, dropping below $100,000 after reaching a record high of $108,577.25. This decline is attributed to profit-taking activities. Meanwhile, iDEGEN, an AI-themed meme coin, has gained significant attention, raising over $7 million since its launch on ...