Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout. Read More at https://cointelegraph.com/news/price-analysis-12-13-btc-eth-xrp-sol-bnb-doge-ada-avax-link-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: December 2024
Allez Labs proposes yield opportunity for Polygon PoS bridge funds
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates. Read More at https://cointelegraph.com/news/allez-labs-proposes-yield-opportunity-polygon-pos-bridge-funds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
VanEck predicts Q1 2025 crypto correction before Q4 all-time highs
Bitcoin could reach $180,000 by the end of 2025, the asset manager said. Read More at https://cointelegraph.com/news/vaneck-predicts-q1-2025-crypto-correction-q4-all-time-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Galaxy Digital hires veteran hedge fund executive as new CFO
Tony Paquette will reportedly assume the chief financial officer position as Alex Loffe transitions into a new role. Read More at https://cointelegraph.com/news/galaxy-digital-hires-veteran-hedge-fund-executive-cfo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Societe Generale, Banque de France complete blockchain repo transaction
The transaction involved tokenized bonds issued on the Ethereum blockchain as collateral in exchange for CBDC issued by the Banque de France. Read More at https://cointelegraph.com/news/societe-generale-banque-de-france-first-blockchain-repo-transaction?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Riot Platforms buys more than $500M in Bitcoin
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value. Read More at https://cointelegraph.com/news/riot-platforms-buys-more-than-500-million-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin miners earned just 3.6% of record $2T market cap — Analysis
BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap. Read More at https://cointelegraph.com/news/bitcoin-miners-earned-3-6-record-2t-market-cap-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Corporate execs sell stock at record levels as Bitcoin nears 130% YTD returns
Bitcoin could reach a cycle top of over $160,000 on continued interest rate cuts and macroeconomic improvements in 2025, analysts have predicted. Read More at https://cointelegraph.com/news/corporate-executive-stock-selling-record-bitcoin-130-ytd-returns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hardware wallet user reports 10 BTC loss — Ledger blames phishing
Hardware wallet provider Ledger has linked a recent loss of funds by one of its users to a phishing attack in February 2022. Read More at https://cointelegraph.com/news/ledger-user-10-btc-loss-phishing-attack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dogecoin fractal hints at 85% DOGE price rally amid whale accumulation
Dogecoin repeats its bullish 2021 fractal, with whales piling in and Elon Musk’s influence sparking speculation of an 85% rally next. Read More at https://cointelegraph.com/news/dogecoin-fractal-hints-85-doge-price-rally-amid-whale-accumulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound