Crypto ETPs have recorded $20.3 billion of inflows during the past 10 weeks, accounting for 45% of all inflows in 2024. Read More at https://cointelegraph.com/news/crypto-etp-3-2-billion-10-week-inflows-coinshares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: December 2024
Intrinsic value of crypto: What is it and how to calculate it
The intrinsic value of cryptocurrencies can be calculated using Metcalfe’s Law, production costs and discounted utility models. Read More at https://cointelegraph.com/news/intrinsic-value-of-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin to gold ratio posts new record as BTC sets new high
The Bitcoin to gold ratio hit a new ATH at 40 gold ounces per BTC as the Bitcoin price peaked above $106,000 on Dec. 16. Read More at https://cointelegraph.com/news/bitcoin-to-gold-ratio-new-record-btc-ath?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BTC price 'base case' now $140K: 5 things to know in Bitcoin this week
Bitcoin sees a fresh wave of short-term bullishness as BTC price discovery returns in time for Christmas. Read More at https://cointelegraph.com/news/btc-price-base-case-140k-5-things-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Grayscale Bitcoin Trust ETF outflows exceed $21B in under 12 months
The Grayscale Bitcoin Trust has had $21 billion in outflows since January, overshadowing gains from the nine new US-based spot Bitcoin ETFs in the market. Read More at https://cointelegraph.com/news/grayscale-bitcoin-trust-outflows-spot-btc-etfs-performance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Australia chases AI industry growth via new national capability plan
Australia’s peak body representing the communication and technology industry says the government should speed up the review process deadline to July 2025. Read More at https://cointelegraph.com/news/australian-government-ai-capability-plan-grow-industry?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump’s DeFi project’s December crypto buying spree nears $45M
World Liberty Financial’s latest purchase was for $250,000 worth of ONDO, a token for a decentralized exchange. Read More at https://cointelegraph.com/news/trump-world-liberty-buys-45-million-tokens-december?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arizona man allegedly posed as Uber driver to steal $300K in crypto: Report
Scottsdale detectives and Special Agents from the US Secret Service arrested a man on Dec. 11 for theft, fraud schemes, and money laundering in connection with the crypto heist. Read More at https://cointelegraph.com/news/fake-uber-driver-arrested-stealing-thousands-from-unsuspecting-passengers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple CTO says to expect shortage of RLUSD at launch, but don’t FOMO
One trader has set a $1,200 bid for one RLUSD, an early warning sign there could be massive volatility when Ripple’s RLUSD stablecoin launches. Read More at https://cointelegraph.com/news/ripple-cto-expect-supply-shortages-rlusd-dont-fomo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy’s Saylor hints at first Bitcoin purchase above $100K
MicroStrategy’s Michael Saylor has posted the same Bitcoin chart for five consecutive Sundays, and every time, MicroStrategy confirmed a new Bitcoin purchase the following day. Read More at https://cointelegraph.com/news/saylors-microstrategy-hints-at-latest-bitcoin-purchase-above-100000?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound