Traders expect BTC to regain its mojo next year.
Traders expect BTC to regain its mojo next year.
During this current correction, long term holders have sold over 1 million BTC, the largest sell pressure event from this cohort since 2019.
Lighter’s LIT token launch sparked debate over insider ownership, while prediction markets and whale trades revealed divided expectations regarding valuation.
Prediction markets show traders clustering around a $2 billion–$3 billion range, with odds for $4 billion and $6 billion outcomes falling steadily after October’s crash.
Bitcoin’s tape over the past 24 hours looked engineered for crypto investors, as BTC surpassed the $90,000 threshold in the early hours of Dec. 29,
An $11 billion Bitcoin whale is betting hundreds of millions of dollars on price increases of Bitcoin, Ether and Solana, while “smart money” traders remain
Bitcoin’s recovery relied on a shift toward the “digital gold” narrative, but global growth risks and strong equity markets have delayed that breakout.
Metaplanet’s bitcoin income generation business generated about $55 million in annual revenue for 2024.
Metaplanet added 4,279 BTC to take its treasury to 35,102 BTC, as its Bitcoin Income Generation business beat forecasts.
US-listed XRP ETFs continued to draw steady inflows through December, even as Bitcoin and Ether funds posted sharp monthly outflows.