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Asset Manager GraniteShares Files for RIOT, MARA, MSTR, and HOOD ETFs
GraniteShares, a fast-growing asset manager with over $10 billion, has filed for new crypto-linked exchange-traded funds.
On Friday, Dec. 20, the New York-based firm filed for new leveraged ETFs to track companies like Riot Platforms, Marathon Digital, MicroStrategy and Robinhood.
GraniteShares files for new crypto-related ETFs
Marathon Digital and Riot Platforms are the two biggest Bitcoin (BTC) mining companies. They are also the third and second-biggest Bitcoin holders, with 44,394 and 17
Shiba Inu, Bonk, Pepe Prices Rebound: Beware of Dead Cat Bounce
Most meme coin prices rebounded on Saturday, Dec. 21, after falling for most of the week, with their combined market cap rising by 4.7% to $109 billion.
Shiba Inu (SHIB) price rose by 12.6% to an intraday high of $0.00002397. Bonk (BONK), the biggest meme coin in the Solana ecosystem, rose by 20% to $0.000032. Pepe (PEPE) and other popular meme coins like Dogwifhat and Pudgy Penguins rose by over 15%.
This rebound happened after a Bitcoin (BTC) plunge from $108,200 to $97,000 triggered a big
The price of SEND and dForce jumped triple digits, while Bitcoin shows clear signs of struggling to reclaim $100,000.
The cryptocurrency market is showing signs of recovery after the recent slump. Ethereum (ETH), which fell as low as $3,000, has managed to push above $3,400.
Bitcoin (BTC) has also shown slow reversal, with prices hovering around the $97,000 level. Meanwhile, a community token on Solana (SOL) called Send (SEND) has seen its price surge by over 360%.
Ethena Price Slips After BitMex Founder Arthur Hayes Moves Tokens
Ethena erased some of the gains made on Friday, Dec. 12, after on-chain data showed that Arthur Hayes was selling.
Ethena (ENA) token retreated to $1.10, down from an intraday high of $1.2240. It has dropped by over 16% from its highest level this month.
Data by Nansen shows that Hayes, the co-founder and former CEO of BitMEX, moved 7 million tokens worth $8.47 million to Binance. Moving a cryptocurrency from a self-custody wallet is usually a sign that a crypto investor is selling.
The third week of December 2024 marked a major moment in crypto funding, with Riot securing a $594.40 million investment.
This represents one of the largest capital raises in the Bitcoin (BTC) ecosystem this year. The last seven days showcased investor confidence in established blockchain platforms. The total investments have surpassed $715 million across various sectors.
Crypto.news collected the data from Crypto Fundraising to select the projects that raised the most funds during this period
Michael Saylor: Bitcoin As a National Asset for US Treasury Could Generate $81 Trillion
MicroStrategy founder Michael Saylor shared Friday a proposal for establishing a strategic Bitcoin reserve.
The proposal suggests that such a Bitcoin (BTC) reserve could generate between $16 and $81 trillion in wealth for the U.S. Treasury, potentially offering a path to offset the national debt. The proposal projects digital capital markets growth from $2 trillion to $280 trillion, with U.S. investors capturing the majority stake.
A strategic digital asset policy can strengthen the US dollar,
Crypto Hedge Funds Soar: Brevan Howard and Galaxy Digital Ride Bitcoin to Stellar Returns
The cryptocurrency market surge has delivered exceptional returns for hedge fund giants Brevan Howard and Galaxy Digital.
The duo has risen as standout performers following Bitcoin’s rise to $108,000.
According to data from Hedge Fund Research, cryptocurrency-focused hedge funds achieved gains of 46% in November, pushing their year-to-date returns to 76%. This performance outpaces the broader hedge fund industry, which recorded a more modest 10% gain in the first 11 months of 2024.
As Bitcoin Soars, Major Brands Will Find Crypto More Palatable | Opinion
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial.
The price of Bitcoin (BTC) rises and falls. It always has and likely always will—just as any stock or asset does. However, as of late, its jumps are far larger than its drops. In other words, crypto enthusiasts are enjoying their own version of the Roaring Twenties, an era of Western economic prosperity following the devastating Great War.
Altcoin Season’s Top 3 Winners — Cryptos Picks for Winter 24/25 Trading
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
As winter 2024/25 nears, top altcoins gain momentum, offering promising trading opportunities.
Table of Contents
XYZVerse: A winter 24/25 winner poised for a 7,400% surge
Sui
Pepe
Conclusion
As the cryptocurrency market evolves, a select few altcoins are emerging as potential frontrunners for the upcoming winter trading season of 2024/2025. Thes