Bitcoin Correction Nearing End as Weekly Realized Losses Surge
Bitcoin’s price chart has now shown three consecutive daily red candles, a pattern not observed since early November. That instance coincided with the lead-up to Donald Trump’s U.S. presidential election victory. Interestingly, the last time this pattern emerged, Bitcoin retested its 50-day exponential moving average (EMA). Following a more than 15% drop from its all-time […]
El Salvador Acquires 11 BTC Shortly After Finalizing IMF Agreement
El Salvador has made a notable Bitcoin purchase, acquiring $1 million worth of the cryptocurrency shortly after securing a $1.4 billion financing deal with the International Monetary Fund (IMF), which includes restrictions on the country’s involvement with Bitcoin. On Dec. 19, the country’s National Bitcoin Office announced via an X post that it had transferred […]
Analysts Predict Major Growth for Ether ETFs in 2025
Ether-focused exchange-traded funds (ETFs) are experiencing a surge in popularity, with experts forecasting a robust performance in 2025 that could outpace Bitcoin ETFs. Data from CoinShares reveals that Ether ETFs have recorded seven consecutive weeks of net inflows as of December 16, including an impressive $2.2 billion inflow during the week of November 26—a record […]