Tag: Crypto

Chainlink And AAVE Surge After Trump’s Crypto Project Invests

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Este artículo también está disponible en español. US President-elect Donald Trump’s World Liberty Financial (WLF) has made a substantial multi-million-dollar investment in Ethereum (ETH), Aave (AAVE), and Chainlink (LINK), leading to sharp price increases in AAVE and LINK. According to on-chain analysis shared by Lookonchain via X and verified through Etherscan, the fund purchased approximately $10 million in ETH, $1 million in AAVE, and $1 million in LINK on December 11. These are the fund’s first recorded acquisitions of both AAVE and LINK, while overall purchases in the last 12…

Crypto ETFs Keep Winning: Bitcoin Pulls in $223M, Ether Joins with $102M Boost

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U.S. spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed a positive momentum on Wednesday. BTC-focused ETFs brought in $223.03 million, while their ETH counterparts saw inflows of $102.03 million. Bitcoin and Ether ETFs Continue to Rally On Wednesday, the 12 U.S. spot bitcoin (BTC) exchange-traded funds (ETFs) collectively attracted $223.03 million in inflows […] Original

Australian wealth manager AMP invests $27m in Bitcoin as first major superannuation fund to embrace crypto

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AMP has made a $27 million investment in Bitcoin, becoming the first major superannuation fund in Australia to enter the crypto market. AMP Wealth Management, one of Australia‘s largest wealth managers with billions in assets under management, has invested $27 million in Bitcoin (BTC), becoming the first major superannuation fund in the country to do so, the Australian Financial Review has learned. Per the report, the investment was made in May when Bitcoin was trading between $60,000 and $70,000. AMP chief investment officer Anna Shelley explained that the allocation, representing…

JPMorgan Hails Historic Rally as Crypto Soars in Unmatched November

November marked a historic surge in the crypto market, with total market capitalization rising by an unprecedented 45%, reaching $3.3 trillion, according to JPMorgan. “President-elect Donald Trump’s reelection triggered a historic rally and jump in market caps across the crypto ecosystem,” said the bank’s analysts, led by Kenneth Worthington. They explained that the rally bolstered […] Source CryptoX Portal

BTC $200K, COIN in S&P 500, and a Number of Crypto IPOs Among Bitwise 2025 Predictions

With the highly successful introduction of spot bitcoin exchange-traded funds, the U.S. crypto regulatory situation looking much rosier now that former President Donald Trump has been elected for a second term, and the bullish price action, it’s undeniable that 2024 was a big year for crypto. But things could get even crazier in 2025, according to Bitwise Asset Management, a firm which specializes in developing crypto investment products. The company laid out 10 crypto predictions for the year to come in a report released Wednesday, penned by the firm’s chief…

Crypto expert issues a warning on Bitcoin’s momentum, says the bullish trend depends on …

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A crypto expert warns Bitcoin’s rise depends on a key factor that could shift market direction. A leading figure in the cryptocurrency world has issued a cautionary note about Bitcoin’s recent rise. According to the expert, the continuation of this upward movement depends on a crucial element that could sway the market’s direction. This insight may hold significant implications for those keeping a close eye on the digital currency’s…

Bitcoin price to hit $275,000, top crypto expert predicts

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Bitcoin price has encountered strong resistance around the $100,000 level amid profit-taking by retail investors. Bitcoin (BTC), the biggest cryptocurrency, was trading at $98,900 on Dec. 11, lower than the all-time high of about $104,000.  Crypto analysts believe the coin has more upside potential as demand continues to grow while supply diminishes. In a recent piece, the Wall Street Journal noted that the coin’s supply was one of the primary reasons why it will continue rising in value.  Bitcoin’s supply is capped at 21 million coins, with over 19.7 million…

Crypto travel platform Travala introduces Bitcoin reserve plan 

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Travala, a cryptocurrency-based travel booking platform, has announced a new “Treasury Reserve Plan” after surpassing $100 million in annual gross revenue.  The plan will see the company hold reserves in Bitcoin (BTC) and its native AVA token to strengthen its financial foundation and support future growth, according to a company release. Travala integrates blockchain technology to offer travel bookings paid with cryptocurrencies and traditional currencies. To expand its reach, the company has partnered with travel metasearch engines like Skyscanner and KAYAK.  Travala’s growth coincides with record highs in the crypto…

Big Money Bets on Crypto: $745M Pours Into Bitcoin and Ethereum ETFs in a Single Day

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On Tuesday, spot bitcoin and ethereum exchange-traded funds (ETF) attracted a notable $745.3 million in combined inflows. The two groups of funds saw steady participation, emphasizing continued investor interest in these assets. Bitcoin ETFs Lead the Pack: Cumulative Inflows Skyrocket to $34.35 Billion On Dec. 10, 2024, spot bitcoin ETFs pulled in $439.56 million in […] Original