Day: December 10, 2024

Bitcoin Market Outlook: Extreme Greed Signals Bullish Sentiment

Bitcoin [BTC] continues to exude bullish momentum as the Fear and Greed Index hits an extreme greed level of 83. This reading highlights growing investor confidence and widespread optimism surrounding the flagship cryptocurrency. However, it also brings into focus whether Bitcoin can sustain this bullish momentum or face an impending market correction. At press time, […]

SEC’s Pro-Crypto Reform Plan Under Trump

SEC Commissioner Hester Peirce, a prominent advocate for crypto-friendly policies, has laid out her agenda for crypto reform under President-elect Donald Trump’s leadership. Speaking in a recent Fox Business interview, Peirce identified three key priorities aimed at providing regulatory clarity and fostering growth in the digital asset industry. Ending Regulatory Suppression Peirce’s first priority is […]

Google’s Willow Quantum Chip Sparks Crypto Security Debate

Google’s Quantum AI team unveiled Willow, its latest quantum computing chip, capable of solving problems in five minutes that would take modern supercomputers 10 septillion years—a number so vast it exceeds the universe’s age, according to Hartmut Neven, Google’s Quantum AI lead. Unprecedented Error Correction One of Willow’s standout achievements is exponential error correction, overcoming […]

Crypto Market Crash Wipes $1.7B Amid Quantum Computing Fears

A sharp crypto market correction triggered a staggering $1.7 billion in liquidations over the past 24 hours, as Bitcoin tumbled from above $100,000 to $94,100 and Ethereum fell 8% to $3,800, according to Coinglass. Liquidations and Altcoin Bloodbath Of the $1.7B wiped out, $1.5B came from long positions—a sign that bullish traders were caught off […]

Michael Saylor Urges U.S. to Sell Gold, Buy Bitcoin

MicroStrategy executive chairman Michael Saylor is once again stirring the pot, urging the U.S. government to sell its gold reserves and buy Bitcoin to strengthen the nation’s economic dominance. In a bold interview with Yahoo Finance, Saylor proposed that America could swap its 8,133 tons of gold—valued in the hundreds of billions—for 5 million Bitcoin, […]

Wall Street Bitcoin ETF Frenzy Hits $3.85B in Record Inflows

Institutional investors are fueling unprecedented demand for spot Bitcoin and Ethereum ETFs, pushing total inflows to a record-breaking $3.85 billion last week, according to a report from CoinShares on Monday. BlackRock Dominates the Market Leading the charge is BlackRock’s iShares ETFs, which contributed $3.2 billion of last week’s inflows, bringing BlackRock’s total crypto assets under […]