Author: Timmy Grimberg

PRESS RELEASE. SINGAPORE, December 20, 2024 – LBank, a leading global cryptocurrency exchange, announces its New Year Celebration with a massive prize pool of over 200,000 USDT, set to boost market accessibility and reinforce its dedication to quality crypto trading. This 200,000+ USDT prize pool celebration runs until December 31, and consists of three exciting […]

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price plunged 3% in the last 24 hours to trade at $97,637 as of 02:26 a.m. EST on trading volume that surged 13% to $104 billion. BTC has dropped below the $100k mark, which suggests that some of the market’s most seasoned Bitcoin investors are booking record profits after BTC’s strong rally. Bitcoin Price Could Still Soar The Bitcoin price surged out of a long-term accumulation zone (highlighted in purple), which acted as a strong base around the $60,700 level during the summer months, according…

Bitcoin’s price is down over 10% from its all-time high and its critics are taking victory laps this week as bitcoin has plummeted all the way back to… $97,000. It is still practically almost $100,000 for a single bitcoin. It is crazy to me to think that the “dip” is back to just under that important milestone, and really shows how far this asset has come over the last 15, going on 16 years.Year-to-date, bitcoin is up over 128%. And by historical trends, it is entering into its third year of rising in price before having a large correction. So…

Crypto exchange-traded funds (ETF) changes, such as in-kind redemptions and staking permission for Ethereum (ETH) products, are likely to happen “early on” under a new US Securities and Exchange Commission (SEC) administration.SEC Commissioner Hester Peirce shared during an interview for Coinage that these matters may arrive for a regulator review as soon as Paul Atkins takes the role of chairperson. She added:“I’m open to reconsidering both in-kind [redemptions] and staking to think about, again, how can you allow people to design the products in a way that is most useful to the investors in those products.”Peirce, commonly known as the…

On Friday afternoon, crypto markets appeared to catch their breath, though traders remained on edge, bracing for bitcoin’s next twist. At press time, BTC was trading at $96,800 to $97,150 per coin, while the broader crypto economy stood at $3.34 trillion—down 2.7% after some recovery. Bears Take a Breather Despite recent turbulence, the crypto market […]

Join Our Telegram channel to stay up to date on breaking news coverage The CoinMarketCap Altcoin Season Index, a key indicator for cryptocurrency investors, reflects ongoing altcoin dominance despite a slight decline to 45 as of December 20. For an official “Altcoin Season” to occur, 75% of the top 100 altcoins must outperform Bitcoin. While this threshold has not yet been met, the index suggests that altcoins remain favorable, solidifying their prominence in the final quarter of 2024.   As the market increasingly favors altcoins over Bitcoin in the final quarter of 2024, this shift could signal a change in investor…

Este artículo también está disponible en español. Bitcoin is under intense bearish pressure as it struggles to reclaim the $99,575 mark, a key resistance level that has proven to be a significant hurdle. After an impressive rally earlier in the month, BTC’s momentum has slowed, with sellers taking control and keeping the cryptocurrency in a tight range below this critical threshold. The current price action highlights growing uncertainty in the market, as bulls attempt to regain strength while bears capitalize on every opportunity to push prices lower. With $99,575 marked as a pivotal point, the next moves could set the…

Recently, the notion of a Strategic Bitcoin Reserve has begun to animate Bitcoiners. Trump has advocated for holding a stockpile of seized Bitcoins, but certain proposals have gone further. Now, draft legislation like Senator Lummis’ BITCOIN Act proposes that the US government acquire 1m BTC over five years. Among Bitcoin enthusiasts, the notion of a Strategic Reserve is almost a foregone conclusion. But I don’t think it’s likely, nor do I think it’s a good idea. Allow me to explain.Are we talking about a stockpile, a sovereign wealth fund, or a reserve?First, there’s the notion of a “stockpile” of Bitcoins.…

Join Our Telegram channel to stay up to date on breaking news coverage The CoinMarketCap (CMC) altcoin Season Index, a key indicator for crypto enthusiasts, signals an ongoing altcoin season despite dipping slightly to 45 on December 20. For a full-fledged altcoin season, 75% of the top 100 cryptocurrencies must outperform Bitcoin. Currently, the index suggests that altcoins maintain a competitive edge, reinforcing their influence in the final months of 2024. Updated daily, the altcoin season Index reflects a growing focus on altcoins among traders and investors. As expected, several altcoins are printing price rallies. Insidebitcoins has curated a list…