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Bitcoin delivered 135% returns in 2024 while the S&P 500 managed a respectable 25%. Yet professional investors aren’t running from the notorious volatility that has long defined cryptocurrency markets. Instead, they’re embracing it at unprecedented scale, fundamentally reshaping how institutional portfolios approach risk and return. The numbers tell a remarkable story of transformation. Institutional Bitcoin … <a href="https://beincrypto.com/bitcoin-adoption-wall-street-etf-volatilit
The Genius Act has spurred a global race for stablecoins. While the US sets the pace, Japan’s strict rules slow adoption. Experts see parallels to the early internet, with AI payments on the horizon.
HBAR slipped 3% but still held key support. Social attention cooled, open interest grew, and money flow showed buyers active at the dip.
- 10:14Bitget is launching the 6th Stock Token Zero Fee Trading Competition with a total prize pool of 30,000 BGB.BlockBeats News, December 16th, Bitget launched the 6th Stock Token Zero Fee Trading Competition. During the event, users will be ranked based on the cumulative trading volume of CRCLon/TSLAon/MUon and other coins. Users ranked Top 1-428 will each receive airdrops of 50-800 BGB. The detailed rules have been published on the Bitget official platform. Users can click the "Join Now" button to complete registration and participate in the event. The event will take place from 19:00 on December 16th to 23:59 on December 18th (UTC+8).
- 09:50A whale who used a looping loan to go long on ETH sold 10,000 ETH for approximately $29.15 million.According to Jinse Finance, as reported by Yujin, address 0xa339 was forced to sell 30,894 ETH in April due to a drop in ETH price to avoid liquidation, resulting in a loss of approximately $40 million. Later, when ETH stabilized, the whale bought back 19,973 ETH at $1,740, bringing its total holdings to about 50,000 ETH at an average price of $2,545. After holding for about eight months, this whale sold 10,000 ETH four hours ago at a price of $2,915, cashing out approximately $29.15 million and realizing a profit of about $3.7 million. Currently, the whale still holds around 40,600 ETH, with an unrealized profit of about $15 million, but this is still not enough to offset the losses from the forced sale at the beginning of the year.
- 09:49Whale 0xa339 sells 10,000 ETH for a profit of $3.7 millionAccording to Ember monitoring, whale 0xa339 sold 10,000 ETH (29.15 million USD) at a price of 2,915 USD four hours ago after holding for 8 months, realizing a profit of 3.7 million USD. This whale had previously suffered a loss of 40 million USD in April due to risk aversion and stop-loss selling, but later repurchased at 1,740 USD and held 50,000 ETH at an average price of 2,545 USD. Currently, this address still holds 40,600 ETH (119 million USD), with an unrealized profit of 15 million USD, but has not yet made up for the stop-loss loss from April. (Ember)