AI Summary
- Bitcoin is experiencing a period of "extreme low volatility" but traders anticipate significant movement as price targets hover around $50,000 amidst ongoing macroeconomic pressures.
- Recent regulatory advancements are shaping the crypto landscape, with firms like HashKey pushing for initial public offerings in compliance-friendly jurisdictions, and the SEC releasing guidelines on crypto custody to promote best practices.
- Institutional interest in cryptocurrencies remains robust, with Standard Chartered and Coinbase enhancing their partnership to build services for institutional clients, and Brazil's largest private bank recommending a small Bitcoin allocation for portfolio diversification.
- In the trading environment, Bitcoin miners are increasingly turning to renewable energy due to profit margin pressures, while some investors are expressing caution towards Bitcoin-backed stocks, as evidenced by recent listing performances.
- Rising global economic uncertainties, such as the Bank of Japan's anticipated interest rate hikes, are causing market fluctuations and bearish sentiments, impacting risk assets like Bitcoin as the crypto community braces for potentially significant price adjustments ahead.
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Sources
Cointelegraph
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Bitcoin ‘extreme low volatility’ to end amid new $50K BTC price target
an hour ago
by Cointelegraph by William Suberg
Bitcoin traders braced for a major move “around the corner” after days of BTC price action sticking to a tight range around $90,000.
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Here’s what happened in crypto today
3 hours ago
by Cointelegraph by Cointelegraph
Trump memecoin, Solana memecoin, TRUMP token, Solana, SOL, Nova Labs, SEC, Securities and Exchange Commission, Crypto regulation, TRUMP rally, BitcoinNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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How HashKey plans to become Hong Kong’s first crypto IPO
3 hours ago
by Cointelegraph by Bradley Peak
HashKey’s IPO bid puts Hong Kong’s virtual asset regime on display, testing whether compliance-first crypto platforms can win investors.
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Bitcoin’s four-year cycle is intact, but driven by politics and liquidity: Analyst
5 hours ago
by Cointelegraph by Amin Haqshanas
10x Research’s Markus Thielen says Bitcoin’s four-year cycle still exists but is now driven by politics, liquidity and elections rather than the halving.
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Bitcoin will ‘dump below $70K’ thanks to hawkish Japan: Macro analysts
5 hours ago
by Cointelegraph by Yashu Gola
The Bank of Japan is expected to increase its benchmark interest rates on Friday, a historically bearish signal for riskier assets like Bitcoin.
CoinDesk
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From Wall Street to the World Cup: How Football Became Crypto’s Biggest Gateway Drug
an hour ago
by Greg Thomson
Finance, Soccer, Football, Sports, FeatureAs institutions are laying the groundwork for wider crypto adoption from the top down, it’s being met by rising interest from football fans from the ground up.
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Bitcoin Dips Below $90K Amid Fading Risk Appetite Ahead of Key Macro Events
an hour ago
by Siamak Masnavi
Markets, Bitcoin News, Macro, NewsBitcoin hovered below $90,000 on Sunday as low liquidity, altcoin weakness and looming U.S. and global data kept traders cautious.
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Spanish Authorities Bust Crypto Kidnapping Ring After Deadly Attack
2 hours ago
by Francisco Rodrigues
CoinDesk News, Security, Spain, NewsThe case highlights a growing trend of physical attacks aimed at extracting access to crypto wallets, known as "wrench attacks."
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These Three Metrics Show Bitcoin Found Strong Support Near $80,000
20 hours ago
by James Van Straten
Markets, Bitcoin News, Glassnode, support level, NewsOnchain data shows multiple cost basis metrics confirm heavy demand and investor conviction around the $80,000 price level.
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Michael Saylor's Strategy Hangs on to Spot in Nasdaq 100 Index
a day ago
by Francisco Rodrigues
Finance, Strategy, Nasdaq 100, Digital Asset Treasury, NewsThe annual Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but bitcoin treasury company Strategy hung onto its spot.
Decrypt
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Vanguard Exec Calls Bitcoin a 'Digital Labubu', Even as Firm Offers Crypto ETF Trading
2 days ago
by Jason Nelson
CoinsThe Vanguard equity head dismissed Bitcoin as speculative, though the firm still expanded client access to crypto ETFs.
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These Bleak Victim Letters Helped Seal Terra Founder Do Kwon's Fate
2 days ago
by Ryan Gladwin
terra-luna-2, Law and OrderThe judge said the victim letters, which detailed the personal impact of the Terra collapse, were “impactful”—before sentencing Do Kwon to 15 years in prison.
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Crypto Giant Tether Makes Offer to Acquire Juventus Soccer Club
2 days ago
by Logan Hitchcock
BusinessStablecoin firm Tether is making a bid to acquire the famed Serie A Italian soccer club, Juventus, after previously taking a minority share.
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Coinbase Preps Prediction Market, Tokenized Equities Launch for December 17: Report
2 days ago
by Callan Quinn
CoinsCrypto exchange Coinbase is set to launch its own prediction market as they surge in both popularity and scrutiny.
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XRP Is Launching on Ethereum and Solana—Here's Why (and How)
2 days ago
by Logan Hitchcock
CoinsThe Ripple-linked XRP will soon be usable in DeFi on other major layer-1 networks like Solana and Ethereum. Here's how.
AMBCrypto
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A whale sells 7.6K ETH – So why didn’t Ethereum break down?
an hour ago
by Emilio Munoru
Altcoin, Ethereum, News, News 1, Social, Trading ViewEthereum faces renewed ETF selling and whale distribution, yet the price holds firm near realized levels.
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Cardano stalls after NIGHT launch – Can ADA hold $0.405?
2 hours ago
by Akashnath S
Altcoin, Analysis, Cardano, HideCryptopanic, News, News 1, No Homepage, Social, Trading ViewAn ADA bounce beyond $0.45 is necessary to keep alive the hopes of a bullish trend shift.
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Bitcoin struggles as S&P 500 and Nasdaq rally – What’s holding BTC back?
3 hours ago
by Gladys Makena
Bitcoin, BTC Trading View, News, News 1, Social, Trading View, ambcryptoBTC decoupled from equities as correlation broke down, forcing traders to rethink macro alignment.
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Decoding BNB’s strength as XRP loses ground in high-cap rankings
4 hours ago
by Ritika Gupta
Altcoin, Binance, News, News 1, Ripple, Social, Trading ViewCapital rotation and resilient fundamentals give BNB the lead.
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‘Stealth QE’ vs. Japan risk: What’s next for Bitcoin after the Fed rate cut?
5 hours ago
by Benjamin Njiri
Bitcoin, BTC Trading View, News, News 1, Social, Trading View, ambcryptoWill the macro landscape lift Bitcoin price or tank it?