Bitcoin price dips will be short-lived in 2025 due to strong institutional demand, say Bitfinex analysts, who predicted a best-case scenario of Bitcoin doubling in price by June 2025.Bitfinex analysts said in a Dec. 17 market report that their minimu
An exchange-traded fund (ETF) tracking both Bitcoin and Ether is expected to be the first in a “wave” of new crypto funds in 2025, says senior Bloomberg ETF analyst Eric Balchunas.“We expect a wave of cryptocurrency ETFs next year, albeit not all at
Ledger users have reported that phishing scammers are spoofing the crypto hardware wallet provider’s support email in a bid to trick users into revealing their wallet keys.The bogus email claims Ledger suffered a “recent data breach” and encourages r
Bitcoin stacking firm Metaplanet expects to record its first consolidated operating profit in seven years just months after adding the cryptocurrency to its balance sheet for the first time.The Japanese investment firm on Dec. 18 said it expects to g
The Bitcoin funding rate signals that the market is not overly frothy and shows no signs of Bitcoin’s price peaking too early in the cycle, according to a crypto analyst.“Analyzing the funding rate using a 30-day exponential moving average (EMA), the
The United Kingdom’s government has launched a consultation with the artificial intelligence and creative industries on possible legal frameworks for AI models to train on copyrighted material.In the Dec. 17 proposals, the UK government has floated a
An Ohio House of Representatives lawmaker has introduced a bill to establish a Bitcoin fund in the state’s treasury, marking the third US state to do so in just over a month. Ohio House Republicans leader Derek Merrin on Dec. 17 introduced HB 703, te
A parody X account proclaiming to be a former trader has donated memecoins inspired by him to charity after the tokens he was gifted ballooned to a peak of nearly $1 million in value.The account, which goes by Richard E. Ptardio, said it received 700
About one in five US voters, or 19%, have said they invested in, traded or used crypto at some point, a new Emerson College poll has found.The survey data released on Dec. 17 polled 1,000 registered voters between Dec. 11 and Dec. 13 and found nearly
The holidays are right around the corner and the Bitcoin bull run is in full swing. So it shouldn’t come as a surprise that a number of Web3 companies have major celebrations planned. From in-person events across the United States to celebrations in
Net assets in United States Bitcoin exchange-traded funds (ETFs) surpassed those in gold funds for the first time on Dec. 16 as institutional asset managers clamor for the cryptocurrency, according to data from K33 Research.On Dec. 16, US BTC ETFs c
Global payroll provider Remote is allowing the United States-based companies it serves to pay their contractors in 69 countries in USD Coin. The new option is an extension of Remote’s offerings in conjunction with payment provider Stripe.Fast and sta
United States lawmakers in the Senate Banking Committee canceled a markup session to consider the nomination of Caroline Crenshaw for a second term at the Securities and Exchange Commission.According to a Dec. 17 update, the banking committee will no
The European Securities and Markets Authority (ESMA) has released its final guidance report for member states making the final transition to the Markets in Crypto-Assets (MiCA) regulation. Laws formed under MiCA regulations began taking effect in Jun
Despite reaching a new all-time high at $264 on Nov. 23, Solana has yet to enter a price discovery period. The altcoin has been in a clear downtrend over the past 25 days, forming a series of lower highs (LHs) and lower lows (LLs) in the four-hour t
Pudgy Penguins’ native token, PENGU, is down more than 50% in the first hours of trading after the non-fungible token (NFT) project’s much-anticipated Dec. 17 airdrop. The project has distributed approximately half of PENGU’s total supply of nearly 8
United States President Joe Biden has reportedly come out in favor of measures to ban members of Congress from trading stocks while in office.According to a Dec. 17 Associated Press report, President Biden gave an interview that will be released in t
Venture capital firms are seeking new avenues to access early-stage projects by partnering with blockchain ecosystems, as investor shows renewed appetite heading into 2025.In December, layer-2 ecosystem Morph announced a joint initiative with 14 vent
Today in crypto, the CEO of Crypto.com met President-elect Donald Trump to discuss the nation’s digital asset policies, a European lawmaker called on the European Union to establish a strategic Bitcoin reserve while rejecting the proposed adoption of
Pyth Network, an oracle provider, announced it will launch real-time oil market data feeds for West Texas Intermediate (WTI) and Brent Crude Oil, expanding its decentralized data services.The new price feed will aggregate real-time data from trusted