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Showing posts from January, 2025

Lido’s Stronghold Slips: 160,000 ETH Exits as Binance’s Liquid Staking Platform Gains Traction

In October 2024, the volume of ethereum locked into liquid staking platforms surpassed the 14 million ether threshold. However, as of 2025, the total ETH held in these protocols has fallen below the levels recorded at the end of November. As of Sunday, Jan. 5, 2025, approximately 13.78 million ether remains tied up in liquid […] from Bitcoin News https://ift.tt/NovMcQy

Bitcoin Technical Analysis: Bulls Eye $100K as Resistance Weakens

Bitcoin, currently priced at $98,309, commands a market capitalization of $1.94 trillion with a 24-hour trading volume of $19.92 billion. It has fluctuated within an intraday range of $97,292 to $98,626, presenting a pivotal moment for its trajectory. Bitcoin On the 1-hour chart, bitcoin probes the $98,000 resistance level after rebounding from $97,277. Bullish candles […] from Bitcoin News https://ift.tt/cp5DVZs

Wall Street Pepe Presale Hits $40M Mark – Will WEPE Be 2025’s Biggest Meme Coin Launch?

Wall Street Pepe’s (WEPE) presale has just soared past the $40 million mark. This milestone has raised eyebrows in the crypto market, prompting debate about the project’s potential. Could WEPE be the biggest meme coin launch of 2025? Wall Street Pepe’s Utility-Driven Approach Sets It Apart from Other Meme Coins Wall Street Pepe aims to […] from Bitcoin News https://ift.tt/i65yQ08

Behind Ripple’s Stablecoin Growth: A Closer Look at the Top 10 RLUSD Giants

In a mere fortnight, Ripple’s RLUSD stablecoin has witnessed its supply on Ethereum expand by $4.4 million. Yet, with 768 addresses in possession of the token, over 70% of the stablecoin’s supply lingers in the Ripple Deployer wallet or contract address. Ripple’s RLUSD Hits $4.4M in New Supply on Ethereum—Who Controls the Tokens? In 2024, […] from Bitcoin News https://ift.tt/aGgElbW

From Crypto Gains to Timeless Treasures: Bitcoiners Embrace Luxury Watches

Just recently, a new wave has emerged—a slew of bitcoiners are channeling their digital wealth into luxury timepieces, with brands like Rolex taking center stage. Rolex, Audemars Piguet, and Piaget: Bitcoin Buyers Splurge on Iconic Timepieces As bitcoin (BTC) cruises just shy of the $100,000 threshold, with the premier digital currency having eclipsed that level […] from Bitcoin News https://ift.tt/azRQIHq

South African Authorities Arrest Man Accused of Using Bitcoin to Fund Terrorist Activities

A South African law enforcement agency recently apprehended a 35-year-old man suspected of using cryptocurrency to fund terrorist activities. Suspicous Transactions A South African law enforcement agency recently apprehended a 35-year-old man who is alleged to have used cryptocurrency to fund terrorist activities. According to the Hawks, the man, whom they tracked to a house […] from Bitcoin News https://ift.tt/t6Wx49S

Crypto ETFs Soar: Nearly $1 Billion Poured Into Bitcoin Funds in a Single Day

On Friday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) posted gains, reversing losses from the previous day. Approximately $908.10 million was poured into these ETFs, with dominant players like IBIT, ARKB, and FBTC securing the majority of the inflows. A Billion-Dollar Day: Bitcoin and Ether ETFs Deliver a Positive Ending to a Blockbuster […] from Bitcoin News https://ift.tt/48XIY5W

From Crypto to Wall Street: Crypto.com Takes on Stock Trading

According to the crypto firm Crypto.com, individuals in the United States can now trade stocks and exchange-traded funds (ETFs) on its platform. The service is gradually being introduced in Pennsylvania, Ohio, Washington, and Arizona, with plans to expand “across the country,” the company announced this week. Crypto.com Gradually Rolls out Stock Trading Feature Crypto.com is […] from Bitcoin News https://ift.tt/FpCIZ4Q

Bitcoin ETFs Bleed $242M, Blackrock Takes a $332M Hit in Massive Outflow

U.S.-based spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Thursday, with a hefty $242.30 million in outflows draining from the 12 funds. Among them, Blackrock felt the brunt of the day’s trading, losing the most. Market Jitters: $242M Drains From U.S. Bitcoin ETFs, Blackrock Feels the Heat Data harvested from Sosovalue reveals that the […] from Bitcoin News https://ift.tt/jnBbktT

One of America’s Oldest Investment Banks Sees Bitcoin Soaring to $225K

An analyst from H.C. Wainwright & Co., one of America’s most established financial institutions, anticipates an exhilarating year for bitcoin, driven by clearer regulations and enhanced institutional involvement. H.C. Wainwright’s Mike Colonnese Predicts Bitcoin to Hit $225K On Jan. 2, a CNBC report highlighted insights from H.C. Wainwright & Co., a Boston-based investment bank, indicating […] from Bitcoin News https://ift.tt/O1glmWK

Billion-Dollar Boom: Defi’s December to Remember Caps Year of Unprecedented Growth

End of the year data reveals a thrilling climb in the total value locked in decentralized finance (defi), which ballooned by 133.8% over the past year. December capped off this exciting trend with a flurry of activity as defi and onchain protocols amassed more than $1.5 billion in total revenue during the previous 30 days, […] from Bitcoin News https://ift.tt/idgLbJH

88% Chance of No Change: Fedwatch Tool’s Bold Call Ahead of Next Fed Meeting

In just 26 days, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve will gather to deliberate on whether to adjust the federal funds rate. As of Jan. 2, 2025, with the next meeting slated for Jan. 29, the market anticipates no movement in the rate. Fed’s Rate Play: Markets Brace for January […] from Bitcoin News https://ift.tt/nL2fgXA

2025 Kicks Off With Big Wins on Wall Street for Bitcoin Miners

It was an eventful year for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the $100,000 threshold. Kicking off 2025, three publicly traded mining companies posted double-digit gains, while others also delivered solid performances. Bitcoin Miners Ride High: Top Seven Firms by Market Cap Post Gains Currently, bitcoinminingstock.io lists around […] from Bitcoin News https://ift.tt/64wB1Ov

X Money Teased—Will the Payments System Rewrite the Rules in 2025? 

On New Year’s Eve, Linda Yaccarino, CEO of X Corp (formerly Twitter), shared an exciting glimpse into what 2025 holds for the company. She introduced “X TV,” a new feature on the horizon, and hinted at the much-anticipated payments system, X Money. CEO of X Corp Hints at Social Media App’s Money Transfer Platform Throughout […] from Bitcoin News https://ift.tt/MBLQ3tu

Is the Bitcoin Bull Market Over? Analysts Weigh In

10x Research and its CEO and Head of Research, Markus Thielen, have recently taken a more cautious stance on bitcoin (BTC), prompting a re-evaluation of market conditions. Has Bitcoin Peaked? Analysts Spot Ominous Signals In a market update published on Dec. 29, 2024, the firm acknowledges the cryptocurrency’s resilience, however, emerging technical patterns suggest the […] from Bitcoin News https://ift.tt/E237Ntv

Mining Milestone: Bitcoin Hashrate Hits Record 808 EH/s on New Year’s Eve

Much like the end of 2023, when Bitcoin broke records with its transactional volumes and hashrate, the cryptocurrency rang in New Year’s Eve with a bang. The network’s computational power hit a jaw-dropping peak of 808 exahash per second (EH/s), smashing through previous limits. From 948,000 H/s to 808 Quintillion: Bitcoin’s 16-Year Evolution in Mining […] from Bitcoin News https://ift.tt/trAGIZy

Holiday Bitcoin Rollercoaster: QCP Capital Teases Major January Trigger

QCP Capital observes that bitcoin (BTC) has faced erratic price fluctuations, largely attributed to the thin liquidity during the holiday period, which has limited any recent attempts at recovery. The Singapore-based crypto asset trading firm also shared its perspective for 2025, noting that analysts at QCP foresee a “key catalyst may come in January.” With […] from Bitcoin News https://ift.tt/avOoztZ