Author: Maria

Ethereum had an underwhelming 2024, underperforming against Bitcoin and many top altcoins throughout the year. While BTC soared to new all-time highs, ETH struggled to reclaim its bullish momentum, leaving investors questioning its position in the market. However, next year could tell a different story, as historical trends suggest altcoins, including ETH, tend to shine during the post-halving year. One of Ethereum’s strengths lies in its growing adoption and solid investor base. According to key metrics from IntoTheBlock, ETH’s hodler ratio has surpassed BTC’s, indicating a shift in long-term holding sentiment. This milestone is particularly notable as Bitcoin holders have…

Vivek Ramaswamy’s Strive Asset Management is joining the ETF bandwagon by formally filing the Strive Bitcoin Bond ETF with the Securities and Exchange Commission (SEC). In a 475A filing submitted on December 26th, Strive aims to leverage the changing investment landscape favoring Bitcoin, digital assets, and the blockchain. According to the prospectus shared on the SEC website, the Strive team aims to offer investors access to MicroStrategy’s convertible funds. These funds are now popular thanks to a friendly political climate and the expected passage of friendly crypto regulations. Strive’s primary investment strategy is to allocate at least 80% of its…

While Ethereum (ETH) has once again failed to break through the stubborn $4,000 resistance level, BlackRock’s iShares Ethereum Trust ETF has quietly accumulated over one million ETH. This milestone reflects strong institutional demand for Ethereum, even as its price performance in 2024 remains lackluster. Institutional Interest In Ethereum On The Rise Year-to-date (YTD), Ethereum – the second-largest cryptocurrency by market cap – has risen by 43%, climbing from approximately $2,280 on January 1 to $3,283 at the time of writing. While this is notable, ETH’s performance has been overshadowed by other cryptocurrencies like XRP, Solana (SOL), and SUI, which have…

A major player in the cryptocurrency market found itself on an unusual side of history after experiencing its largest outflows in months. The leading asset manager BlackRock ended the inflow streak of its Bitcoin exchange-traded fund after recording a $72.7 million worth of outflow on December 20. Largest Outflow On Record Data showed that BlackRock Bitcoin ETF (IBIT) witnessed the largest outflow since it was launched in January this year. According to Farside Investors, the global asset manager’s Bitcoin ETF posted an outflow of 72.7 million in December, the highest on record for IBIT. They added that this came a…

A New York-based non-profit organization promoting human rights worldwide once again provides cryptocurrency grants to various projects across the world. The Human Rights Foundation (HRF) awarded seven Bitcoins worth $706,000 to 20 different projects to support people in nations that are under the rule of oppressive governments. Bigger Grant This Year In a press statement, the HRF announced that it gave another round of funding to various projects being implemented in different countries, adding that the project financing is part of the non-profit organization’s Bitcoin Development Fund grants. The foundation said that this year’s crypto grant of more than $700,000 is…

The US Federal Reserve’s public consideration of reduced interest rate cuts in 2025 resulted in numerous negative effects on financial markets. Aside from a 17% price loss for Bitcoin, data from Binance exchange shows the BTC market has now developed its largest spot-perpetual price gap. Bitcoin Spot-Perpetual Gap Falls To -$59 – What Next?  In the past week, the Fed announced the potential reductions of its originally planned four rate cuts in 2025 to two triggering a wide-scale selloff in the global financial markets. As the total crypto market cap dipped by 17.4%, over $1.8 trillion was lost in the…

The United States election was one of the most defining events in the crypto space in 2024. Specifically, the reelection of Donald Trump revived Bitcoin and the entire crypto market after an uninspiring second and third quarter. One of the promises made by President-elect Trump in the run-up to the polls was the institution of a strategic Bitcoin reserve. Unsurprisingly, most of the recent crypto conversations has been around the BTC reserve and its potential impact on the US economy and the crypto landscape. Why Should The US Establish Strategic Bitcoin Reserves? CryptoQuant CEO and founder Ki Young Ju is…

In a rather unseemingly fashion, Bitcoin’s (BTC) journey to a new all-time high at $108,268 was followed by an estimated 17% decline pushing the asset’s price to a local bottom of $92,281. This heavy price decline has been attributed to the recent policy announcement by the US Federal Reserve which adopted another 25 basis point rate cut at its latest FOMC meeting. While interest rate cuts are bullish signals to the crypto market, the Fed also revealed intentions to reduce its initially projected four rate cuts in 2025 from four to just two, triggering a wide-scale offload of risky assets…

Crypto exchange-traded funds (ETF) changes, such as in-kind redemptions and staking permission for Ethereum (ETH) products, are likely to happen “early on” under a new US Securities and Exchange Commission (SEC) administration.SEC Commissioner Hester Peirce shared during an interview for Coinage that these matters may arrive for a regulator review as soon as Paul Atkins takes the role of chairperson. She added:“I’m open to reconsidering both in-kind [redemptions] and staking to think about, again, how can you allow people to design the products in a way that is most useful to the investors in those products.”Peirce, commonly known as the…

Jerome Powell, chair of the US Federal Reserve, recently dismissed speculations that the Fed may add Bitcoin to its reserves. At the end of the its two-day meeting, Powell stated that the Fed isn’t allowed to own Bitcoin and doesn’t desire to get involved in any government initiative to create a stockpile of digital assets.  The Bitcoin announcement comes after the Fed announced rate cuts while signaling uncertain monetary policies in the next few months. Powell’s announcement was surprising when President Donald Trump announced key appointments of crypto-friendly personalities. The market immediately reacted to Powell’s statement, sending Bitcoin’s price down…