Spot Bitcoin exchange-traded funds in the United States began the week with significant outflows as Bitcoin's price fell below $93,000 amid a wave of long liquidations. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $438.

Key Points:

Monday's net outflow ended a five-day streak of net inflows that brought $3.4 billion into the spot bitcoin ETFs.

The price of XRP, the digital token native to Ripple's blockchain network, has been on an upward trajectory in 2024. After a notable 25% surge this week, XRP hit a new yearly high of $1.45, ignite optimism among investors and cryptocurrency enthusiasts.

BTC traders purchase protective put options in response to Monday's 5% decline. The Coinbase premium indicator highlights a decline in demand for Bitcoin in the U.S. market.

Starting in December, Bitcoin holders will have the ability to stake their BTC through the Bitcoin layer-2 network Babylon.

Key Points:

Following its epic 45% rally into price discovery this month, Bitcoin has finally begun its correction, but how low will it go?

$3.4B in Bitcoin leveraged bets at risk as prices teeter above the $95K mark.

Sand, XLM, and Ether are leading social discussions among traders at the moment, according to data from analytics platform Santiment.

Swan Bitcoin sued former employees it alleged got help from Tether, and now accuses its own law firm of malpractice after it picked up the stablecoin issuer as a client.

After facing multiple rejections at $100,000, Bitcoin price has cracked another 4% hitting an intraday low of $92,785 levels. This is the largest single-day drop for BTC following Donald Trump's victory in US elections.

Ripple CEO Brad Garlinghouse recently announced an upcoming interview with "60 Minutes."

Jiva Technologies CEO Lorne Rapkin said the move to add Bitcoin to the treasury is “a unique opportunity to strengthen our treasury with a resilient and innovative investment.”

Bitcoin briefly dipped below $93,000 on Monday, posting the longest losing streak since the beginning of the current rally as long term holders cash out profits. The post Bitcoin Dips as Long Term Holders Lock in Profits After $100K Rally Stalls appeared first on Cryptonews.

Peter Schiff ignites outrage by claiming that the U.S. becoming a bitcoin superpower would weaken the nation, clashing with crypto advocates championing it as an economic game-changer.

WisdomTree has filed for an XRP ETF, a key move in the evolving US cryptocurrency regulations.

XLM outperformed Bitcoin in November but indicator signals caution.

Bitcoin (BTC) price action continues to come under focus as analysts consider its correlation with the global M2 money supply.

The recent outflows from Bitcoin ETFs highlight market volatility and investor caution, potentially impacting future crypto investment strategies. The post Bitcoin ETFs end five-day inflow streak as Bitcoin dips below $93K appeared first on Crypto Briefing.

A staggering $489.46 million was wiped out in liquidations, marking a significant period of volatility for traders. The crypto market was rocked by fluctuations in Bitcoin's price, as well as notable movements in several altcoins, driving both long and short positions to liquidation.

Bitcoin recently came close to breaking the $100,000 price mark last week, reaching a high of $99,645 before encountering resistance. According to CryptoQuant analyst Percival, the psychological barrier of round numbers like $100,000 often serves as a point where traders exit positions for “relative safety.

Cryptocurrencies experienced mixed trends today, with Bitcoin (BTC) falling below $94K amid cautious market sentiment. Meanwhile, Lido DAO (LDO) and Arbitrum (ARB) emerged as the day's top performers, gaining more than 6% each. The global crypto market cap fell 2% to $3.27 trillion, while trading volume surged by 22%, hitting $241 billion.

A bitcoin-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours. However, bitcoin tends to bounce back when short-term holders sell at a loss.

Crypto market analysts remain confident that Bitcoin will hit six figures before the end of the year despite the recent 7% correction.

Crypto market analysts remain confident that Bitcoin will hit six figures before the end of the year despite the recent 7% correction.

The UK government is urged to create a bitcoin reserve as Trump's pro-crypto policies drive global competition in the race for digital economic dominance.

President Nayib Bukele proposed a rent your volcano to mine Bitcoin initiative recently. El Salvador has extensively used its natural resources, particularly its 170 volcanoes.

Eleanor Terrett, a business journalist for Fox News, was the first to air the development. The tight bands around crypto ETFs have relaxed, after Donald Trump's US presidential win.

When it comes to public companies, MicroStrategy still has the greatest Bitcoin ownership. The company's total Bitcoin holdings reached 386,700 after the latest purchase.

South Korea's Financial Services Commission (FSC) has decided against creating a national Bitcoin reserve, opting to wait before fully embracing the cryptocurrency. While Bitcoin's rise continues to capture global attention, South Korea is taking a more conservative approach, prioritizing stability and investor protection over swift innovation.

XRP price is consolidating gains near the $1.450 zone. The price must clear the $1.50 resistance zone to start a fresh increase in the near term.

Bitcoin sent shockwaves to the market as it fell under $95,000 when it was above $98,000 just yesterday. It peaked at almost $99,500, but now it's dropped back to around $94,427.

Ripple's XRP is currently trading in green and is up by more than three percent at the time of writing. The price is currently testing levels below $1.50 and is experiencing a slight correction today, but nothing major.

Does this mean something bigger is brewing in the crypto world?

Following the recent bullish rally, cryptocurrency prices today are facing selling pressure, with market sentiment shifting towards cautiousness. Bitcoin (BTC) has dropped to the $93K level today.

Renowned economist Peter Schiff came hard at the U.S. government's endorsement of Bitcoin (CRYPTO: BTC), predicting potential economic consequences. What Happened: On Monday, Schiff took to X to express his concerns over the incoming Donald Trump administration's bet on the world's leading cryptocurrency.

Asset managers have weighed in on Trump's proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy. Asset Managers Divided Over Bitcoin Reserve in Nation's Bold Strategy Discussions about establishing a U.S. strategic bitcoin reserve have intensified following President Donald Trump's re-election.

Bitcoin price is correcting gains below the $96,500 resistance. BTC is now trading below $95,000 and might face hurdles near the $95,750 resistance.

Global asset manager Wisdomtree has filed for an XRP ETF in Delaware, marking a potential breakthrough amid regulatory shifts. Regulatory Shifts Loom as XRP ETF Eyes Breakthrough Moment Global investment management firm Wisdomtree, renowned for its extensive range of exchange-traded funds (ETFs), has filed with the state of Delaware to establish an XRP ETF.

Growing XRP-spot ETF applications highlight investor optimism despite SEC silence on plans to appeal rulings in the Ripple case.

Bitcoin (BTCUSD) is consolidating in a narrow range after hitting a fresh all-time high of $98,370, driven by positive sentiment, and is currently trading around $98,010. Standard Chartereds Price Prediction Analysts at Standard Chartered predict that Bitcoin could reach $125,000 by the end of 2024 and $20000 by end of 2025, fueled by strong market momentum and bullish sentiment.

Bitcoin has long been the leading force in the cryptocurrency market, but recent trends are showing signs that its dominance may be waning. According to renowned cryptocurrency analyst TechDev, this shift presents a major opportunity for altcoins to gain strength and potentially lead the market.

Popular video-sharing platform Rumble Inc. (NASDAQ:RUM) became the latest Wall Street player to embrace the Bitcoin (CRYPTO: BTC) treasury strategy amid the apex cryptocurrency's record-breaking run. What Happened: According to an announcement made Monday, Rumble's board approved a new strategy to allocate a portion of the company's surplus cash reserves to Bitcoin.

Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions.

US Bitcoin mining operations are facing significant delays after the Customs and Border Protection (CBP) agency held shipments of Bitmain Antminer devices at multiple ports of entry, Blockspace reported on Nov. 25. The detained equipment includes Bitmain's S21 and T21 application-specific integrated circuits (ASICs), which are essential for Bitcoin mining.

Will Bitcoin ETFs outpace Satoshi's stash before 2025?

A crypto strategist is warning that two large-cap altcoins may witness deep corrective moves after massive rallies this month. Crypto trader Credible tells his 473,800 followers on the social media platform X that payments-focused altcoin XRP looks primed for a pullback after completing a five-wave rally on the four-hour chart.