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The cryptocurrency market experienced notable outflows from Bitcoin and Ethereum spot exchange-traded funds (ETFs) on December 30.
Bitcoin has edged higher over the past day despite global de-risking pulling equities lower, however, its 30-day Nasdaq correlation has climbed above 0.50, K33 Research reports.December’s FOMC meeting is seen as a major catalyst for the downturn in risk assets, with the Fed cutting its 2025 rate cuts forecast from four to two, analysts said.
Quick Take While it was politics this year that bolstered Polymarket, the platform also opened other — and certainly weirder — prediction markets. From aliens to tampons, Donald Trump smoking weed or Kamala Harris saying “brat,” here are some of the most interesting Polymarket predictions in 2024.
Quick Take Crypto M&A deals climbed to 248 in 2024, up from 221 in 2023 but still below 2022’s 271. Crypto VCs foresee consolidation rising in 2025, driven by clearer regulations and fintech expansion into crypto.
Quick Take Though they’ve been around for over a decade, memecoins have come to define 2024 much like how initial coin offerings dominated 2017 and NFTs took over 2021. Memecoins left their mark on the digital asset industry and aren’t going anywhere, sparking conversations on how the digital asset landscape should consider them moving forward.
IRS’s 2025 crypto relief for CeFi users is automatic. Taxpayers are not required to file or take action immediately.
Virtuals Protocol's VIRTUAL token reached a record $4, driven by strong market momentum. The team remains focused on bold growth goals for 2025.
This crypto analyst compared $HYPE at $20 with $SOL at $8. Here's why.
- 22:56The current Bitcoin holdings in El Salvador are 6025Mempool data shows that El Salvador currently holds 6025 BTC, equivalent to about 5.7 billion US dollars.
- 22:41Data: The current value of MicroStrategy's Bitcoin holdings now accounts for over 51% of its company's market valueAccording to Cointelegraph, Bitcoin Treasuries data shows that MicroStrategy currently holds Bitcoin assets worth more than 51% of its company's market value, currently touching 51.7%.
- 22:40BTC breaks through $95,000, with an intraday increase of 0.63%Bitget market data shows that BTC has just broken through $95,000, currently quoted at $95,003.10, with an intraday increase of 0.63%.