Tether Invests $775 Million in Rumble Following YouTube Rival's Bitcoin Push – Decrypt
Stablecoin issuer Tether announced the investment on Friday. $775 million Streaming video platform Rumble is a YouTube rival that bills itself as an anti-censorship platform. The company behind the USDT stablecoin is calling the deal a “definitive agreement” and will begin with an initial investment of $250 million in cash. As a result of the […]
Bitcoin Pullback Deepens as US ETFs Suffer Record Daily Outflow – Yahoo Finance
(Bloomberg) — Bitcoin’s decline from its all-time high earlier this week widened by more than 10% as speculative fever waned as less room for monetary easing in the United States. Most Read Articles on Bloomberg The price of the original cryptocurrency fell to $95,234 at 9 a.m. in London on Friday, after hitting an all-time […]
US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets – Crypto Briefing
Important points US Bitcoin ETFs experienced historic outflows, with investors withdrawing $672 million in one day. Fidelity's Bitcoin fund led the outflow, followed by Grayscale ETF and ARK Invest ETF. Share this article The U.S. Spot Bitcoin ETF suffered its largest single-day outflow on record as the cryptocurrency market plummeted following the FOMC meeting. According […]
Man Who Claims to Have Invented Bitcoin Found in Contempt of UK Court
LONDON (AP) – An Australian computer scientist who falsely claimed to be the founder of the Bitcoin cryptocurrency was sentenced Thursday to 12 months in prison, suspended for two years, for contempt of a London High Court order. Ta. In Thursday's ruling, Judge James Mellor found Craig Wright in “clear violation” of a March order […]
Bitcoin sinks below $100,000, altcoins tumble following Fed's hawkish signals – Crypto Briefing
Important points The Federal Reserve's hawkish stance has pushed Bitcoin prices below $100,000. Meme tokens experienced a sharp decline amid the market decline. Share this article Bitcoin fell nearly 6% amid a broader market decline, trading below $100,000 after the Federal Reserve adopted a hawkish tone at Wednesday's FOMC meeting. data From CoinGecko. The Fed […]
Bitcoin, Ethereum combo fund to lead ‘wave’ of crypto ETFs in 2025: Analysts – Cointelegraph
Exchange-traded funds (ETFs) that track both Bitcoin and Ether are expected to be the first of a “wave” of new U.S. crypto funds in 2025, said Eric Balciunas, senior analyst at Bloomberg ETFs. He said there was. “We expect to see a wave of crypto ETFs next year, if not all at once,” Balciunas said. […]
Bitcoin tops $107K for first time as Trump boosts hopes for strategic reserve
Bitcoin's record rally topped $107,000 on Monday, after President-elect Donald Trump reiterated his plans to create a U.S. Bitcoin Strategic Reserve similar to the Oil Strategic Reserve. This sparked enthusiasm among currency bulls. MicroStrategy's inclusion in the tech-heavy Nasdaq 100 index has boosted investor sentiment, likely leading to more money flowing into software companies that […]
Bitcoin tops $106,000, hopes grow for strategic reserve – Yahoo Finance
Written by Kevin Buckland and Uncle Banerjee (Reuters) – Bitcoin hit a record high above $106,000 on Monday after President-elect Donald Trump signaled plans to create a U.S. Bitcoin Strategic Reserve similar to the oil strategic reserve. , sparking enthusiasm among crypto bulls. Bitcoin, the world's largest and best-known cryptocurrency, hit a high of $106,533 […]
MicroStrategy Boosts Bitcoin Stash Above $46 Billion With Latest Buy – Decrypt
Bitcoin treasury firm MicroStrategy announced additional BTC purchases on Monday, bringing its total holdings in the major cryptocurrency to more than $46 billion. According to an announcement Monday, the company Bought From December 9th to December 15th, it held 15,350 Bitcoins, and currently holds a total of 439,000 Bitcoins, worth $46.6 billion at current prices. […]
Bitcoin buyer MicroStrategy jumps on Nasdaq 100 entry – Yahoo Finance
Written by Medha Singh (Reuters) – Shares of MicroStrategy (MSTR) rose 6% in pre-market trading on Monday. That's because the software company and Bitcoin buyer is set to join the tech-heavy Nasdaq 100 index, potentially further boosting its stock price. The $25.7 trillion index of the largest non-financial companies includes MicroStrategy, which holds $44 billion […]