Concurrent with Bitcoin’s fall below the $96,000 level, U.S. spot Bitcoin exchange-traded funds (ETFs) had notable outflows of $680 million on December 19. The Federal Reserve’s cautious attitude on future interest rate decreases, which significantly affected market mood, coincided with this sell-off. Outflows Streak 15-Day Inflow Data from So Value showed that 12 spot Bitcoin ETFs together saw $680 million in outflows, therefore ending a 15-day inflow trend that had before brought in almost $6.7 billion. With $208.55 million taken out, Fidelity’s FBTC led the withdrawals. Other prominent money impacted included: Bitcoin Mini Trust (GBTC) Grayscale: $188.6 million ARK 21Share…
Author: Crypto Team
Matai Tagoa’i, one of the nation’s most promising college football players and a 2025 Polynesian Bowl All-Star, has signed a groundbreaking NIL (Name, Image, and Likeness) deal with the University of Southern California (USC). What sets this deal apart is Tagoa’i’s decision to receive a portion of his earnings in Bitcoin through the payments app Strike, as announced in a statement shared with Bitcoin.com. Advancing the NIL Era with Bitcoin NCAA rules have forbade collegiate players from profite off their image, but the 2021 policy change opened rich prospects through NIL agreements. Although Tagoa’s i’s contract’s precise terms are yet…
Morocco is getting ready to apply a thorough legislative framework to control the usage of crypto assets and encourage creativity inside the expanding crypto scene. Legal Framework for Virtual Assets Nears Completion The central bank governor of Morocco, Abdellatif Jouahri, Bank Al-Maghrib (BAM), just declared that a legislative framework for crypto assets is almost finished. This project seeks to reconcile supporting financial innovation with guaranteeing a controlled environment for digital assets. The update came out during the last council meeting of 2024 held by BAM. The suggested crypto rules reflect G20 principles and manage possible dangers connected to digital assets…
Driven by institutional adoption, blockchain innovation, and ETF flows—despite temporary volatility brought on by Federal Reserve actions—the bitcoin market is on course for a multi-year bull run, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, says. Hougan expressed optimism in the long run trajectory of the crypto market in a Dec. 19 discussion on social media site X, even as Bitcoin’s price dropped below $100K following the Federal Reserve’s most recent pronouncement. He underlined that this decline does not indicate a flip in the upward trend. “The Fed announcement was the major catalyst today,” Hougan said. “The Fed lowered…
Bitcoin’s journey toward a $200,000 milestone in 2025 is underpinned by strong institutional demand, the rise of ETFs, and favorable macroeconomic trends. However, analysts caution investors to brace for volatility amid this transformative phase. Bitcoin’s Growth Fueled by Institutional Adoption and ETF Momentum Bitfinex analysts have presented an optimistic forecast for Bitcoin in their latest Alpha report, attributing its robust trajectory to institutional inflows and the enduring impact of the 2024 halving. With Bitcoin’s market capitalization surpassing $2 trillion and its price exceeding $100,000 by the end of 2024, the role of exchange-traded funds (ETFs) has been instrumental in driving…
The junction of artificial intelligence and cryptocurrencies is happening right now, not some futuristic concept. Tokens like $GOAT, $ACT, and $AI16Z have brought AI Agent cryptocurrencies front and centre, so signifying a transforming merger of AI and blockchain. What crypto AI agents are? Intelligent, autonomous systems able to sense, learn, and make decisions are artificial intelligence agents. These agents provide more than just algorithmic capability; they are stimulants for invention in the realm of cryptocurrencies. They give blockchain initiatives, financial institutions, and investors thorough market analysis and sophisticated decision-making tools. AI agents are changing the crypto scene like follows: AI…
The Solana decentralized application (dapp) ecosystem achieved a milestone in November, recording $365 million in revenue, with Pumpfun leading the charge by surpassing the $100 million mark. Solana Dapps Hit New Revenue Highs Solana’s dapps posted an all-time high monthly revenue of $365 million, as reported by Syndica research. This figure far outpaced Solana’s network revenue of $92 million for the same period. Over 30 protocols contributed more than $1 million each, with Pumpfun—a launchpad for memecoins—becoming the first Solana-based dapp to exceed $100 million in monthly revenue. Pumpfun generated $106 million, accounting for nearly 25% of the total dapp…
CryptoQuant CEO Ki Young Ju has voiced serious concerns about South Korea’s economic instability, warning that ineffective financial policies could prompt crypto businesses and investors to leave the country. Ju underlined in a Dec. 19 article on X the difficulties facing South Korea’s economy, especially the declining value of the Korean Won (KRW) and the unattractiveness of domestic assets. “Domestic assets, including the Korean Won, are not attractive at all,” Ju said, disparaging government efforts to stabilise the currency as basically useless. Ju underlined how the fast increase of the KRW together with more general economic uncertainty has worsened the…
The rise of gaming chains like TON, Immutable, and Ronin has been one of 2024’s most transformative web3 developments. Platforms like The Open Network (TON), Telegram’s official web3 infrastructure, have redefined engagement and accessibility for both developers and players. TON’s seamless in-app onboarding and engagement tools have fueled the success of titles like Notcoin, Hamster Kombat, and BANANA. Starting the year with just over 4 million on-chain accounts, TON is projected to close the year with over 120 million—an extraordinary growth story. Why Are Gaming Chains Growing So Rapidly? The answer lies in their ability to cater to three key…
Co-founder and executive chairman of Microstrategy Michael Saylor has outlined his idea for the United States to solidify the dollar’s worldwide supremacy by allowing U.S. institutions to create stablecoins with Treasury backing under a thorough regulatory framework. A Digital Dollar Framework Taking Front Stage in Global Finance Emphasising the strategic possibility for the United States to position the dollar as the world’s leading digital reserve currency, Saylor, known for supporting Bitcoin and guiding Microstrategy’s adoption of the cryptocurrency standard, stressed in a recent CNBC interview Under the direction of President-Elect Trump especially, he underlined the possibility for the United States…