Crypto News
Bitcoin and Ethereum ETFs Add $1.1 Billion in a Day as Hot Streak Grows
Bitcoin and Ethereum ETFs started 2025 in the red, but now have collectively attracted $1.75 billion over the last two trading days.Source link
Bitcoin’s Potential ‘Head and Shoulders’ Pattern Points to a Sell-Off to $75K: Godbole
After rallying over 50% since early November, bitcoin (BTC), the leading cryptocurrency by market value, looks to be carving out a pattern. If completed, this could see prices revisit the mid-$70Ks.BTC’s price action since late November has evolved into what technical analysts call a “head and shoulders” (H&S) pattern, which foreshadows a bullish-to-bearish trend change. The first failed attempt to scale the $100,000 mark in November marked the first shoulder.That was followed by the head, marking a swift retreat to $92,000 from the record high of over $108,000 in the second half of December. Meanwhile, the 5% drop to nearly $97,000 hints at the formation of a right shoulder.If the sell-off persists and prices fall below the neckline – the...
Merchant Crypto Payments Spike 8% Following Bitcoin’s $100,000 Milestone: NOWPayments
The non-custodial payment gateway reported increased merchant interest across multiple sectors following Bitcoin’s December price surge.Source link
Hashkey Group Expands Crypto Services With VASP License
In line with its global expansion, Hashkey has received a VASP license for crypto trading services in Ireland. Hashkey to Legally Provide Crypto Services in Ireland Hashkey Group, the Asia-based cryptocurrency financial services company has received approval from the Central Bank of Ireland through its European division (Hashkey Europe) to register as a virtual assetSource link
Bitcoin Dips Below $98K as Strong U.S. Economic Data Leads to $300M of Crypto Liquidations
Crypto markets stumbled with bitcoin (BTC) losing the $100,000 level on Tuesday U.S. morning as two stronger-than-expected U.S. economic data prints threw cold water on digital assets' bright early-year momentum.The Bureau of Labor Statistics' JOLTS job openings for November unexpectedly rose to 8.1 million from 7.8 million the previous month, easily topping analyst estimates for a decline to 7.7 million.Released at the same time, the ISM Services Purchasing Managers Index, a monthly gauge of the level of economic activity in the services sector, came in at 54.1 for December, overshooting expectations for 53.3 and nicely ahead of November's 52.1. The Prices Paid subindex came in red-hot at 64.4, compared to the expected 57.5 and 58.2 in the previous month.While neither...