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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.
- 16:54500 BTC Transferred from Unknown Wallet to AntpoolAccording to WhaleAlert monitoring, around 23:47, 500 BTC ($52,706,071) were transferred from an unknown wallet to Antpool.
- 16:53SOL is currently priced at $175.68, with a daily increase of 5.0%Market data shows that SOL is currently priced at $175.68, with a daily increase of 5.0%.
- 16:13Total Bitcoin Contract Open Interest Reaches $69.8 Billion, Increasing by 5.73% in 24 HoursAccording to Coinglass data, the total open interest in Bitcoin futures contracts across the network is 661,800 BTC (approximately $69.8 billion), a 24-hour increase of 5.73%. Among them, the open interest in CME Bitcoin contracts is 156,800 BTC (approximately $16.534 billion), ranking first.