Bitcoin Struggles as Gold Surges to $5K
Gold surged past $5,000, reaching $5,110 due to geopolitical tensions and a weaker dollar. Meanwhile, $BTC trades at $87,832, lagging behind recent highs. #Update #Crypto $BTC
Gold surged past $5,000, reaching $5,110 due to geopolitical tensions and a weaker dollar. Meanwhile, $BTC trades at $87,832, lagging behind recent highs. #Update #Crypto $BTC
Bitcoin ETFs experienced significant outflows, losing $1.72 billion in just five sessions, highlighting investor caution in the current market environment. #Update #Crypto $BTC
UBS considers integrating cryptocurrency services into its private banking offerings, potentially enhancing access to digital assets for high-net-worth clients. #Update #Crypto
A large wave of dormant Bitcoin has moved after over two years, surpassing past peaks in 2017 and 2021. The market remains stable despite the movement. #Update #Crypto $BTC
ARK Investment Management predicts a $28 trillion future for digital assets, highlighting Bitcoin’s central role in this growth. #Update #Crypto $BTC
A worrying trend in crypto: nearly 80% of hacked projects never fully recover, primarily due to trust erosion, says Immunefi CEO. $BTC trading at $93,057. #Update #Crypto
@MicroStrategy buys $1.25B in $BTC, sparking market excitement and lifting prices. Analysts monitor accumulation trends and liquidity impacts. #Breaking #Crypto $BTC (+7) ↗
Fresh inflows of $1.42B into US spot Bitcoin ETFs, the largest since October, highlight institutional interest and temporarily boost $BTC prices. #Update #Crypto $BTC
SEC Chair Paul Atkins anticipates a crypto market structure bill reaching President Trump by year-end, potentially clarifying digital asset trading rules. #Update #Crypto
US Treasury Secretary Scott Bessent discusses regulatory reforms for blockchain and stablecoins, aligning with $XRP’s purpose, per analyst Levi Rietveld. #Update #Crypto $XRP
Bitcoin supporters caution against selling $BTC for gold, despite gold’s rise above $4,000/oz. Market educator Matthew Kratter highlights Bitcoin’s advantages as a long-term store of value. #Update #Crypto $BTC
Ethereum’s derivatives market signals a shift, with leverage ratio on Binance hitting an all-time high of 0.611, suggesting increased risk appetite as ETH nears $3,000. #Update #Crypto $ETH
Discussions on $XRP supply resurface as @LordBelgrave highlights Ripple’s escrow system’s institutional focus, hinting at potential disclosures as NDAs expire. #Update #Crypto $XRP
XRP-linked ETFs reached $60M in AUM on December 17, despite XRP’s price dropping over 8% to $1.86 in the past week. #Update #Crypto $XRP