El Salvador, the first country in the world to recognize Bitcoin as legal tender, was seen by many in the industry as a pioneer. In 2025, the small country’s Bitcoin ambitions met reality. The Central American country made waves in 2021 when the Legislative Assembly approved a bill that required all merchants, stores and places of business to accept Bitcoin (BTC) as a form of payment. Proponents believed it would set off a chain of Bitcoin adoption and be a boon for the country’s economy. Ambitious adoption plans, including the…
Day: December 24, 2025
BlackRock deposits $200M in Bitcoin and $29M in Ethereum to Coinbase Prime
Key Takeaways BlackRock transferred Bitcoin and Ethereum to Coinbase Prime. Its IBIT and ETHA ETFs continue to experience net investor outflows. Share this article BlackRock deposited approximately $200 million in Bitcoin and $29 million in Ethereum into Coinbase Prime on Wednesday, according to Arkham Intelligence data. The transfers coincide with a period of uneven demand for BlackRock’s Bitcoin and Ethereum ETFs, where outflows have outweighed inflows in recent weeks. BlackRock’s flagship Bitcoin ETF (IBIT) posted around $157 million in net redemptions yesterday, and its Ethereum ETF (ETHA) saw an additional…
3 Bitcoin Signs Pointing to a BTC Market Bottom
Bitcoin (BTC) may establish a local bottom after dropping by over 35% from its record high of around $126,200 established two months ago, based on a mix of technical and on-chain indicators. Key takeaways: Momentum, miner capitulation, and liquidity indicators point to fading selling pressure. Macro liquidity suggests a BTC recovery could begin within the next 4–6 weeks. Bitcoin sellers nearing exhaustion As of December, Bitcoin’s weekly Stochastic RSI had turned up from oversold levels, a setup that has historically appeared near key inflexion points, before the price rebounded, as…
‘High Quality’ Alts Like XRP Offer Better Upside Than BTC, Says Analyst
Analyst argues Bitcoin’s upside no longer justifies risk, with BTC now trading about 30x above its last cycle low. A prominent crypto analyst known for their long-standing Bitcoin optimism has issued a stark recommendation: reduce BTC exposure in favor of select altcoins. In a detailed social media post, CrediBULL Crypto argued that with BTC near $90,000, its potential return no longer justifies the risk compared to fundamentally sound alternatives trading at deep discounts. Bitcoin Still Leads, But Alts Offer Better Upside CrediBULL opened the analysis by stressing their history…
Arthur Hayes sells more ETH and invests in DeFi tokens
Key Takeaways Arthur Hayes sold another 682 Ethereum, worth around $2 million, on Wednesday. The move follows a similar trade executed over the weekend, when Hayes swapped 680 ETH for 1.2 million ENA. Share this article BitMEX co-founder Arthur Hayes sold 682 Ethereum worth roughly $2 million on Tuesday, according to data tracked by Lookonchain. Arthur Hayes(@CryptoHayes) has just deposited another 682 $ETH($2M) into #Binance to sell and rotate into high-quality DeFi tokens. In the past week, he has sold a total of 1,871 $ETH($5.53M), and bought 1.22M $ENA($257.5K), 137,117…
Bitcoin Gets a $100,000 Target Post Options Expiry
Bitcoin (BTC) frustrated traders on Christmas Eve as rangebound BTC price action contrasted with record highs in gold and silver. Key points: Bitcoin plays a “waiting game” as bidders stay focused on precious metals. A giant options expiry event should set the scene for BTC price upside, analysis says. Gold coils after hitting $4,500 for the first time in history. Bitcoin gets $100,000 post-expiry target Data from TradingView showed BTC/USD clinging to $87,000 with the Christmas holidays around the corner. BTC/USD one-hour chart. Source: Cointelegraph/TradingView These were tipped to provide…
Kraken IPO, M&A Deals Reignite Crypto’s ‘Mid-Stage’ Cycle: Fund Manager
A potential initial public offering (IPO) next year by cryptocurrency exchange Kraken may attract fresh capital from traditional finance (TradFi) investors. Bitcoin recorded an all-time high price above $126,000 on Oct. 6, but hasn’t recovered from a $19 billion liquidation event that hit the industry a few days later. At the time of writing, the world’s largest cryptocurrency was trading at $87,015 per coin, down 6% in two weeks, according to CoinGecko. Still, Dan Tapiero, founder and CEO of 50T Funds, claimed that the Bitcoin (BTC) bull market is “still…
BTC is Range-Bound Below $90,000 Until These Metrics Change
While Bitcoin (BTC) continues to hover near $87,000, onchain activity and exchange liquidity metrics suggest that the market is operating in a low-participation period, limiting its move above $90,000. Key takeaways: Bitcoin traded near $88,000 as network activity fell to yearly lows, alongside a reduction in sell pressure. Exchange inflows on Binance and Coinbase have contracted sharply, signalling tighter liquidity. Bitcoin network activity fades as price holds firm Data from CryptoQuant pointed to a slowdown in Bitcoin’s network utility. The 30-day moving average of active addresses has dropped to roughly…
Ondo’s Plan to Launch Tokenized US Stocks on Solana in 2026
Key takeaways Ondo plans an early 2026 rollout of tokenized US stocks and ETFs on Solana. The tokens are custody-backed. Underlying securities sit with US-registered broker-dealers, while onchain holders receive economic exposure rather than shareholder rights. Minting and redemption are designed to keep tokens anchored to real assets on a 24/5 basis, while transfers and trading can operate 24/7. Compliance is intended to travel with the asset, using Solana Token Extensions such as Transfer Hooks to enforce eligibility and transfer restrictions. Ondo’s core pitch is that investors should be able…
Crypto Downturn Reveals Gap Between VC Valuations and Market Cap
Several blockchain startups once valued near $1 billion now have market capitalizations that are only a fraction of those figures, as tighter liquidity forces valuation resets. This is evident across several high profile projects, according to data compiled by CryptoRank. Humanity Protocol, which carried a venture valuation of around $1 billion, now has a market capitalization of about $285 million. Fuel Network, also previously valued near $1 billion, is trading closer to $11 million, while Bubblemaps, once assigned a similar venture capital (VC) valuation, has a market cap of about…