Articles for category: Crypto

January 9, 2025

Triple-A Partners with Baltini to Enhance Payment Solutions for Businesses and Improve Customer Experience

Baltini, a luxury Italian fashion online platform, has teamed up with Triple-A, a licensed cryptocurrency payment provider, allowing customers to shop using cryptocurrencies. This partnership reflects a growing trend in retail towards alternative payment methods. Established in 2020, Baltini aims to enhance customer flexibility and security by integrating cryptocurrency payments, making it easier for global ...

January 9, 2025

Market News

Crypto

Bitcoin’s Short-Term Holders Sell $2.4 Billion as Prices Dip Below $95,000: What It Means for the Market

On January 8, Bitcoin’s price fell sharply below $95,000, reversing earlier gains when it briefly exceeded $100,000. A significant factor in this drop was the sell-off by short-term holders—those who have held Bitcoin for less than 155 days. Over 26,000 BTC, worth more than $2.4 billion, were moved to exchanges, often at a loss. This ...

January 9, 2025

Market News

Crypto

Bitcoin Falls to $92,500 Amid Federal Reserve Policies and $631 Million Liquidations Impacting the Cryptocurrency Market

Bitcoin’s price fell to $92,500 on January 7 after hitting over $100,000 earlier in the day. This drop is linked to concerns about the Federal Reserve’s tightening policies and strong U.S. economic data, leading to over $631 million in liquidations of leveraged positions in just 24 hours. Analysts suggest that Market volatility could continue, with ...

January 9, 2025

Market News

Crypto

Outgoing CFTC Chair Rostin Behnam Calls for Stricter Cryptocurrency Regulations Before His Departure

Outgoing CFTC Chair Rostin Behnam urged for stronger cryptocurrency regulations during his final speech at the Brookings Institution. He emphasized that as cryptocurrencies increasingly blend with traditional finance, clearer rules are necessary to avoid long-term risks. Behnam noted that the process to pass new crypto legislation could take six to ten months, with additional time ...

January 9, 2025

Market News

Crypto

Gensler Advocates for Continued Crypto Oversight to Ensure Market Stability and Investor Protection

Gary Gensler is set to leave his position as chair of the U.S. Securities and Exchange Commission (SEC) on January 20, coinciding with President-elect Donald Trump’s inauguration. Before his departure, Gensler voiced strong concerns about the need for increased regulation in the cryptocurrency Market, especially regarding altcoins and intermediaries. In a recent interview, he pointed ...

January 9, 2025

Market News

Crypto

Bitcoin ETF Surges in 2024 Driven by Dominant Growth Themes and Investor Enthusiasm

In 2024, U.S. exchange-traded funds (ETFs) reached a milestone, soaring 28% to $10.36 trillion in assets, fueled by significant Market gains and $1.12 trillion in net inflows. The standout performer was the Hashdex Bitcoin Futures ETF (DEFI), boasting a remarkable 109.4% return. Active management strategies gained popularity, capturing nearly a quarter of total inflows, while ...

January 9, 2025

Market News

Crypto

Is Bitcoin’s Cycle Peaking? Key Metrics to Analyze for Future Trends

Bitcoin has seen a decline of 2%, now trading around $94,000, as recent US economic data sparked sell-offs in both stock and cryptocurrency markets. On-chain indicators show that Bitcoin’s Accumulation Trend Score has dropped significantly, hinting at a shift from accumulation to distribution, especially among large holders. Despite this selling trend, Bitcoin’s Market Value to ...

January 9, 2025

Market News

Crypto

Has Bitcoin Reached Its Cycle Peak? Key Metrics and Insights to Consider

Bitcoin has seen a 2% drop recently, falling to around $94,000, prompting significant selling in both the cryptocurrency and stock markets. On-chain data shows that Bitcoin’s Accumulation Trend Score has plummeted to 0.21, indicating a shift towards asset distribution among holders, particularly among large investors. Despite this trend, Bitcoin’s Market Value to Realized Value (MVRV) ...

January 9, 2025

Market News

Crypto

DOJ Approves $6.5 Billion Bitcoin Sale from Silk Road Seizure: What It Means for Crypto Investors and the Market

The U.S. Department of Justice has been given the green light to sell approximately 69,370 Bitcoin, valued at about $6.5 billion, which was seized from the Silk Road darknet marketplace. This decision follows a long legal battle over the ownership of the Bitcoin, with Battle Born Investments attempting to block the sale but ultimately failing. ...

January 9, 2025

Market News

Crypto

Why Firms Are Stockpiling Bitcoin: Understanding the Rise of Institutional Interest and Crypto Asset Accumulation

Companies around the world are increasingly turning to Bitcoin as part of their financial strategy to protect their assets from inflation. With nearly 3 million Bitcoins accumulated, these businesses see the digital currency as a way to diversify their treasuries and maintain value against the decline of traditional currencies. Financial experts highlight Bitcoin’s limited supply ...