Bitcoin ETFs face new year exodus, BlackRock loses 3,500 BTC amid price rally
Bitcoin ETFs face new year exodus, BlackRock loses 3,500 BTC amid price rallyCrypto market begins year with $310 million outflows from Bitcoin, Ethereum ETFs.Happy Friday!As 2025 kicks off, Bitcoin ETFs are experiencing a significant shake-up, with BlackRock's iShares Bitcoin Trust facing a staggering outflow of over $332 million—its largest since inception. This comes as the crypto market grapples with $310 million in total outflows from Bitcoin and Ethereum ETFs. Meanwhile, Bitcoin has reclaimed the $97,000 mark, although analysts believe this is just a temporary cooldown before a potential rally. In the realm of regulatory developments, optimism is rising for Solana ETFs, with Polymarket bettors now seeing an 85% chance of SEC approval by 2025. Additionally, a Morgan Stanley subsidiary is eyeing entry into crypto trading, pending Federal Reserve approval. Stay tuned for more insights on these pivotal developments! LATEST SLATECAST 🎙️ Swaroop Hegde discusses Powerloom’s mission to reshape data integrity in blockchain 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.48 trillion, with a 24-hour volume of $115.48 billion. The price of Bitcoin is $97,559.99, and BTC market dominance is 55.6%. The price of Ethereum is $3,585.29, and ETH market dominance is 12.4%. The Crypto Fear & Greed Index is currently Greed (74). Bitcoin ETFs face new year exodus, BlackRock loses 3,500 BTC amid price rallyCrypto market begins year with $310 million outflows from Bitcoin, Ethereum ETFs. 📰 Top NewsBitcoin reclaims 97k price amid selling pressure from old whalesAnalysts highlighted that the current period is just for cooling off, with Bitcoin set to resume upward movement shortly. Polymarket odds surge in favor of Solana ETFs securing SEC approval in 2025Polymarket bettors now lean towards an 85% chance of SEC Solana ETF approval by 2025, driven by rising optimism and significant asset manager interest. Morgan Stanley subsidiary looking to offer crypto trading amid regulatory optimismThe company would still need a Federal Reserve approval to offer crypto-related services. Ad: T3 Financial Crime Unit Marks Enforcement Victory: USDT 100 Million in Criminal Assets Frozen Across Five ContinentsT3 FCU exemplifies the power of public-private collaboration in real-time cryptocurrency crime-fighting, freezing over USDT 100 million in illicit assets. 📈 Latest Insights
🗞️ More News
|
Older messages
US Bitcoin reserve idea could spark global race, Metaplanet CEO predicts
Thursday, January 2, 2025
Georvich predicts US move to adopt Bitcoin would spur global competition, stabilize developing nations' currencies. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Top 10 cryptocurrency rankings on January 1 2025 vs 2024 sees Avalanche replaced by Tron
Wednesday, January 1, 2025
Avalanche exits the top 10, replaced by Tron, as Bitcoin surpasses $100000 amid election-induced market shifts. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Polymarket’s 2025 prediction markets have over $1 billion wagered on sports betting
Tuesday, December 31, 2024
Sports drive Polymarket as traders look beyond elections for 2025 betting opportunities. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Hong Kong lawmaker advocates including Bitcoin in national reserves
Monday, December 30, 2024
Wu Jie believes Hong Kong's strategic move towards Bitcoin integration could enhance economic resilience and attract innovative businesses. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Kimchi premium recovers as KRWUSD drops to 15-year low
Sunday, December 29, 2024
As the won depreciates, economic and political uncertainty in South Korea widen the kimchi premium gap. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
You Might Also Like
Asia's weekly TOP10 crypto news (Dec 23 to Jan 5)
Sunday, January 5, 2025
The South Korean government has imposed sanctions on 15 North Korean individuals and one entity for their involvement in illicit cyber activities, including cryptocurrency theft. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
VanEck CEO recommends investors to double down on Bitcoin as hedge in 2025
Saturday, January 4, 2025
As gold and Bitcoin register a bull market, Jan van Eck stated that these assets are essential for any portfolio. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Aave Reaches Record High in Net Deposits, Vitalik Adopts MOODENG, Binance Launches New Tok…
Saturday, January 4, 2025
Telegram has rolled out its first update for 2025, introducing third-party account verification, message search filters, and the ability to convert gifts into NFTs. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: Binance Labs to Rename, with CZ Joining In, MicroStrategy Adding Bitcoin and the Surging AI M…
Friday, January 3, 2025
In 2024, the combined wealth of the world's 500 richest individuals surpassed $10 trillion, with technology billionaires experiencing the most remarkable gains. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Gaming - 📈NFT market saw a 6-month high in sales volume; Pudgy Penguins launched its PENGU token
Friday, January 3, 2025
The NFT market marked a six-month high in sales volume. Pudgy Penguins launched its PENGU token. The Philadelphia 76ers and Crypto.com released a Web3 mobile game ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
US Bitcoin reserve idea could spark global race, Metaplanet CEO predicts
Thursday, January 2, 2025
Georvich predicts US move to adopt Bitcoin would spur global competition, stabilize developing nations' currencies. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
VC Yearly Report: December Funding Amount Increases by 60% MoM, 2024 Funding Projects Up 26.1% YoY
Thursday, January 2, 2025
Author: Wu Blockchain ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 DEX trading volume reached a record high of US$436 billion in December; Hyperliquid launch…
Thursday, January 2, 2025
DEX trading volume reached a record high of US$436B in Dec. Hyperliquid launched native staking. ai16z plans to create a launchpad for AI agents ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Reminder: The Best Performing Cryptocurrency Assets Of 2024
Thursday, January 2, 2025
Monday Dec 30, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR In this issue, we dive into: The Best Performing Cryptocurrency Assets Of 2024 Bitcoin Floats Around $95K As Altcoins Stay In