Unlucky gamblers lost big on the $100k Bitcoin bet

Traders betting on Bitcoin’s surge to the $100,000 mark have been liquidated on the market prediction platform Polymarket. Bitcoin (BTC) rallied to an all-time high of $99,655 on Nov. 22, increasing t...

DMM Bitcoin Shuts Down, 450K Users Affected

DMM Bitcoin is shutting down its operations after losing $320 million in a May hack. The platform will liquidate funds and move customer assets to SBI Group’s SBI VC Trade. The hack is the largest sin...

Bitcoin ETF Inflows Hit Historic High of $6.5 Billion Amid Soaring Prices and Wall Street Enthusiasm

According to Matrixport, as reported by COINOTAG News on December 2nd, the monthly inflow into Bitcoin spot ETFs has reached an unprecedented $6.5 billion. This figure not only represents a record hig...

Bitcoin Exchange DMM Shut Down Following $320M Hack, Transfers Assets to SBI VC Trade

A firm DMM Bitcoin, which was one of the most popular Bitcoin exchanges in Japan, halted its operations in October after it was hacked in May 2024, and $320 million of digital currency was stolen from...

Bitcoin Boosts Altcoin Market Performance

In the wake of Bitcoin‘s impressive gains, the altcoin sector is witnessing a notable surge, with some cryptocurrencies, like XRP, reporting a 17% increase in just 24 hours. The Speedometer indicator ...

Bitcoin.com Wallet App Launches ‘Instant Rewards’ – Earn Crypto Instantly by Completing Simple Tasks

Bitcoin.com is excited to announce the launch of Instant Rewards, an innovative new feature in the Bitcoin.com Wallet app that transforms earning crypto into a fun, interactive process by completing e...

Crypto Market Eyes Full Bitcoin Cycle Worth $450,000

Analyst predicts the current Bitcoin cycle could reach $450,000, signaling a significant full cycle. Institutional adoption is expanding with new BTC derivatives and increasing interest in digital ass...

Bitcoin Spot ETF Outflows Reach $138M After 7-Week Inflows

Key Points: Bitcoin Spot ETF Outflows reached $138M last week, breaking a 7-week streak of inflows, while BlackRock IBIT achieved $405M inflows. Ethereum ETFs outpaced Bitcoin Spot ETF Outflows, with ...

From Bitcoin to Altcoins: Using Crypto Swaps to Diversify Instantly

In the fast-paced world of cryptocurrency, diversification is key to managing risk and seizing new opportunities. Traditionally, diversifying a portfolio involves using exchanges to buy various assets...

$135.1M Outflows for BTC, $466.5M Inflows for ETH

Between November 25 and 29, Bitcoin spot ETFs saw outflows of $135.1M, while Ethereum spot ETFs recorded inflows of $466.5M, showcasing diverging investor sentiment. On November 29, ETH ETFs posted th...

Bitcoin: After 39% November surge, will BTC hit $140K in December?

Bitcoin has surged by 39.72% over the past month. An analyst predicted a December rally to up to $140k, citing historical performances. After the U.S. presidential elections, Bitcoin [BTC] saw an expo...

How High Can Bitcoin Price Go This December?

Bitcoin price delivered a solid 37.3% gain in November following Donald Trump’s victory in the US Presidential elections. Historical data shows that the BTC rally can continue to another 46% in Decemb...

Robert Kiyosaki Sees Bitcoin Crash to $60K as a Chance to Buy More

Other analysts believe Bitcoin entered its parabolic phase. Thanks to this, bullish predictions are flooding in, with targets as high as $250,000 in 2024 and $13 million long-term. Market dynamics, in...

6.7 Billion Dollars Managing Bitcoin Bull Cathie Wood Talks About Cryptocurrencies After Trump Era Begins

Ark Investment Management CEO Cathie Wood expressed optimism about the potential for looser regulatory policies under President-elect Donald Trump’s administration, particularly in areas such as techn...

Crypto ETFs hit record highs: $6.5B for Bitcoin, $1.1B for Ether

The demand for US exchange-traded funds (ETFs) linked to the biggest digital assets like Bitcoin (BTC) and Ether (ETH) has reached unprecedented levels fueled by President-elect Trump’s pro-crypto sta...

Potential December Gains for Bitcoin Amid Historical Trends and U.S. Election Impact

Bitcoin has experienced a remarkable upswing, surging by 39.72% over the past month, drawing attention from investors and analysts alike. An anticipated December rally could push Bitcoin to as high as...

Whale Moves 1,000 BTC to Binance After Amassing $780.5M

A massive whale has transferred 1,000 BTC, worth $97.5M, to Binance in the past 4 hours, raising eyebrows in the crypto community. Between March 14 and October 31, this whale accumulated a staggering ...

DASH up +47.77%, BTC +0.06%, Hedera Hashgraph is The Coin of The Day – Daily Market Update for Dec 02, 2024 | CoinCodex

2 minutes ago | CoinCodex Key highlights: The total cryptocurrency market cap increased from $ 3.45T to $ 3.51T in the past 24 hours, representing a 1.75% change The Bitcoin price at press time is $ 9...

Ether’s Price Chart Now Mirrors a Pattern That Foretold Bitcoin’s Record Rally

Ethereum has recently been making waves for the right reasons, providing bullish cues to its native token, ether (ETH). Now, the cryptocurrency’s price chart reveals a compelling pattern reminis...

Bitcoin and Altcoins Drive Market Surge

The cryptocurrency market is witnessing a surge in momentum, with Bitcoin trading in the range of $95,000 to $99,000. Over the past 24 hours, Bitcoin rose by 2%, reaching $97,500. Notably, XRP experie...

From Fiction to Financial Reality: Why ‘Bitcoin’ Is the Perfect Name

The name “Bitcoin,” unveiled by Satoshi Nakamoto in 2008, perfectly encapsulates the fusion of digital innovation and timeless value, solidifying its place as a financial and cultural icon. ‘Bitcoin’:...

Japan’s DMM Bitcoin Exchange Set to Shut Down

Japan’s crypto exchange DMM Bitcoin is reportedly set to shut down following a $320 million loss due to a private key hack in May. The attack, which compromised over 4,500 Bitcoin, has proven too seve...

New Bitcoin Investment ETFs Offer Downside Protection as Asset Management Firms Seek Regulatory Approval

On December 2nd, COINOTAG News reported that four notable asset management firms have taken significant steps by applying to the US regulatory agency for the creation of a Bitcoin investment ETF. Thes...

Bitcoin’s Price Discovery Phase Sparks Potential for Significant Gains Amid Positive December Trends

Bitcoin enters a critical price discovery phase, with potential gains reflecting historic bull market trends, drawing significant trader interest. Analysts are predicting substantial Bitcoin price mov...

Michael Saylor Suggests Bitcoin Could Propel Microsoft into the Next Technology Wave Amidst Ongoing Financial Risks

MicroStrategy co-founder Michael Saylor has publicly urged Microsoft to embrace Bitcoin, positioning the cryptocurrency as a fundamental asset for technological advancement. Saylor’s assertion highlig...

DMM Bitcoin Raises 365.1 Million USD Amid Operational Shutdown Following Massive Bitcoin Theft

On December 2nd, DMM Bitcoin, a prominent Japanese cryptocurrency exchange, disclosed a significant capital raise totaling approximately 55 billion yen (equivalent to 365.1 million USD) in June. The f...

Boyaa Interactive Expands Bitcoin Holdings to 3,183 Amid Strategic Shift from Ether

Boyaa Interactive International has increased its Bitcoin holdings by converting a significant amount of Ether, signaling a strategic shift in its treasury management. This acquisition elevates Boyaa’...

XRP Dominates Upbit with $3.68 Billion in Daily Trading Volume, Outshining Bitcoin

According to recent data from Coingecko, the daily trading volume of XRP on Upbit surged to an impressive $3.68 billion on December 2nd, representing a substantial 27.53% of the exchange’s overall tra...

BTC at $97K, XRP Jumps 28%, HBAR Surges 44%

Today’s crypto prices showcase a strong bullish trend, with Bitcoin (BTC) maintaining a trading range of $95K-$99K over the past week. XRP recorded an impressive 28% surge in the last 24 hours, while ...

Bitcoin Rebounds at $97K Despite Falling BTC Market Share

After a consistent dip last week, Bitcoin(BTC) shows signs of recovery at $97,585, even as BTC market share fell to 56.75%. Notably, in the early hours, Bitcoin briefly broke through the $98,000 mark....

Japanese Exchange DMM Bitcoin Faces Liquidation After $32 Million Loss in Bitcoin Hack

In a significant development in the cryptocurrency space, DMM Bitcoin, a prominent Japanese exchange, is moving towards liquidation. According to a report by Nikkei Asia, this decision follows a devas...

DMM Bitcoin Faces Possible Liquidation After $320 Million Hack Loss and Operational Halt

Japanese cryptocurrency exchange DMM Bitcoin is facing closure after suffering a significant loss from a private key hack that occurred earlier this year. The exchange reportedly plans to liquidate it...