A closely followed on-chain analyst says that investors are pulling out massive amounts of Bitcoin (BTC) over the last week. Popular analyst Ali Martinez says in the second week of December, market participants took out nearly $4 billion worth of BTC from crypto exchanges. Citing data from digital asset analytics firm CryptoQuant, Martinez details a steady downtrend in the overall balance of BTC on crypto exchanges. “Another 40,000 BTC were withdrawn from exchanges over the past week, totaling over $3.92 billion!” Source: Ali Martinez/X However, Martinez also says that Bitcoin…
Tag: Crypto
Ex-Hedge Fund Guru Bets Big On Dogecoin As ‘Core Crypto Bet’
Este artículo también está disponible en español. Raoul Pal, the former hedge fund manager who retired at the age of 36 and now serves as the co-founder of Real Vision, a prominent financial media company, has given an update on his crypto portfolio. In a post on X today, December 16, Pal unveiled his concentrated investment strategy, highlighting Dogecoin as a central component of his crypto portfolio. Raoul Pal Stills Bets Big On Dogecoin “I have concentrated bets. This is my watch list. I won’t be the best performer and…
Microsoft Reinforces Its Interest in Crypto Despite Rejection of Bitcoin Investments
Microsoft, one of the largest tech companies in the world, has reinforced its interest in crypto as an asset class, proclaiming that it was one of the pioneers in accepting digital assets for its services. Microsoft Will Continue Evaluating Crypto as an Asset Class in the Future Microsoft, one of the largest companies in the […] Original
Crypto ETPs hit $44.5b in YTD inflows amid Bitcoin surge
Digital asset investment products recorded a significant surge over the past week, with investors pouring another $3.2 billion into the market. In its weekly fund flows report, digital asset manager CoinShares says the global crypto exchange-traded products market reached $44.5 billion in inflows year-to-date as the streak of positive flows continued to a 10th consecutive week. According to CoinShares, inflows into crypto ETPs has recorded a 300% increase over any other year, with the quadruple spike in 2024 also allowing for average volumes of $21 billion a week. About 30%…
Latam Insights: El Salvador’s Gold-to-Bitcoin Power Trade, Argentina Opens to Foreign Crypto ETFs
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, El Salvador could make a gold-to-bitcoin power trade, Argentina opens up to foreign crypto ETF opportunities, and Brazil might scale back its stablecoin self-custody ban provision. El Salvador Discovers $3 Trillion […] Original
Crypto Boom: ENA Rockets, DOG Howls Higher, and Bitcoin Nears All-Time Highs
On Sunday, the crypto market economy has held steady at a whopping $3.66 trillion, climbing roughly 1.82% in the last day. Today’s star performer is Ethena’s ENA, which skyrocketed by 23.08% over the past 24 hours. Meanwhile, the Bitcoin-based meme coin known as dog go to the moon (DOG) has leaped 15.41%. Crypto Market Holds […] Original
Kiyosaki Predicts Historic Crash, Gensler’s Crypto Crackdown, and More — Week in Review
Robert Kiyosaki predicts historic crash, Gary Gensler sets aggressive crypto crackdown, crypto bloodbath results in $1.5 billion liquidated, and more in this Week in Review. Week in Review Robert Kiyosaki has predicted an unprecedented economic collapse, advising investors to reconsider their asset allocations. Meanwhile, SEC Chair Gary Gensler has reportedly intensified efforts for a robust […] Source CryptoX Portal
Launchpads are the key to decoding crypto investment
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. When investors decide which stocks or ventures to invest in, they usually have a set of criteria to evaluate which options best align with their financial goals. One main factor to consider is risk appetite, which refers to investor willingness to take on risk in pursuit of potential returns. Those with a lower risk appetite prefer more stable blue-chip stocks with steady but modest returns. On the…
Congress Shakeup: New Committee Chair Fuels Crypto Bulls With Digital Asset Agenda
Rep. French Hill’s election as House Financial Services Committee Chair signals a bullish outlook for crypto investors, with promises of regulatory clarity and innovation-friendly policies ahead. Digital Assets and Fintech Face a Turning Point With Committee’s New Chair Congressman French Hill (R-AR) has been elected as the next Chairman of the House Financial Services Committee, […] Source CryptoX Portal
Prepare for the 2025 crypto bull market with this ultimate guide
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors eye the next crypto surge as XYZVerse merges sports fandom with meme culture, promising growth through engagement. As the cryptocurrency landscape heats up, anticipation for the next major market surge grows. Investors are keen to discover projects with the potential to lead this upward trend. Spotting these promising ventures early could be the key to unlocking significant returns in the evolving crypto sphere. XYZVerse emerges as a compelling…