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Bitcoin, Dogecoin and Solana Plunge as Jobs Data, Rate Cut Expectations Spook Investors

Crypto prices are plummeting early Tuesday amid rough economic data, with Bitcoin falling under $98,000 after topping $100K on Monday.

Published on: January 07, 2025 | Source: Decrypt favicon Decrypt

Beyond Trump: What drove crypto in 2024

2024 was when crypto matured into a legitimate player in the global financial landscape.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Earn crypto for 2025 gaming predictions, 50M monthly gamers incoming: Web3 Gamer

Web3 gaming execs are bullish on the next 12 months, Yellow Panther launches an AI Agent, and more: Web3 Gamer

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin sell-side liquidity hits lowest level since 2018 fueling BTC rally

Bitcoin fluctuated between $92,000 and $100,000 through late December before reclaiming $102,000 by Jan. 6. CryptoQuant data suggests that reduced sell-side liquidity, changes in over-the-counter (OTC) desk balances, and a renewed whale accumulation pattern might be factors shaping these fluctuations. OTC Desk balances decline Activity on OTC desks, tracked through total holdings and 30-day balance […] The post Bitcoin...

Published on: January 07, 2025 | Source: CryptoSlate favicon CryptoSlate

From Laser Eyes to Upside-Down Pics: The New Bitcoin Campaign to Flip Gold

Bitcoin hit $100K, but the next mission is clear: flip gold’s market cap. Join the #PicFlipTillGoldFlip campaign and help push Bitcoin to $1 million. From laser eyes to upside-down pics, it’s time to turn the financial world on its headβ€”literally.

Published on: January 07, 2025 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Democrats Should Reverse Their Stance On Bitcoin

Van Jones admits that Democrats should have paid attention to the crypto voter in the last election cycle and wants his party to do so moving forward. But just offering the voting bloc lip service won't be enough to win them over.

Published on: January 07, 2025 | Source: Bitcoin Magazine favicon Bitcoin Magazine

KULR Technology predicts $200K Bitcoin price after buying $97K dip

Emerging crypto regulation and the US Federal Reserve’s monetary policy path will be the main drivers of Bitcoin’s price trajectory in 2025, Binance Research told Cointelegraph.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Arthur Hayes: Crypto Market Will Peak 'In Mid to Late March'

The BitMex co-founder believes a so-called "Trump dump" just took place during the back half of December.

Published on: January 07, 2025 | Source: Decrypt favicon Decrypt

CoinSwitch launches $70M recovery fund for WazirX hack victims

CoinSwitch expects it will take two years to distribute $70 million in recovery funds to WazirX users who lost money due to an alleged cyberattack last year.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Solana considers lattice-based scalability and quantum threat solutions to outpace Ethereum

Solana developers are debating new technological upgrades to enhance the blockchain’s performance and security. These initiatives aim to address scalability challenges and bolster the network’s resilience against potential threats from quantum computingas it contests Ethereum’s dominance. Tackling scalability issues Firstly, Solana is exploring a proposal to implement a lattice-based system to address scalability...

Published on: January 07, 2025 | Source: CryptoSlate favicon CryptoSlate

US CFTC chair to step down, flags urgent need for crypto regulation

Rostin Behnam is stepping down as chair of the Commodity Futures Trading Commission on Jan. 20, calling for stronger crypto oversight and leaving behind a legacy of enforcement.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

BTC nears $100K, AGI coming in 2025, PENGU hits $4B

BTC nears $100k, ETF inflows hit 6 week high. Saylor posts BTC tracker, hints Monday purchase. Metaplanet to 5x BTC holdings in 2025. Strive files for β€˜Bitcoin Bond’ ETF. Biggest risk to BTC is Fed decision: 10x. ’Debasement trade’ here to stay: JP Morgan. AI & RWAs to accelerate crypto: Bitwise. 5 countries to adopt BTC reserve this year: Galaxy. MARA loaned 16% of BTC reserves to third parties. Spirit launches...

Published on: January 07, 2025 | Source: Decrypt favicon Decrypt

Ripple Taps Chainlink as it Pushes for DeFi Expansion with RLUSD Stablecoin

Ripple wants its new stablecoin to play nice with DeFi apps, and it’s bringing in Chainlink's price feeds to make that happen.

Published on: January 07, 2025 | Source: Decrypt favicon Decrypt

Ripple partners with Chainlink to boost RLUSD stablecoin in DeFi markets

Ripple’s RLUSD stablecoin gets a boost as Chainlink’s price feeds enable secure, real-time DeFi transactions on Ethereum and the XRP Ledger.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Western Union and MoneyGram app usage drops as stablecoin adoption surges

Traditional remittance giants like Western Union and MoneyGram are struggling to keep pace in an evolving financial ecosystem increasingly shaped by stablecoins. According to Matthew Sigel, Head of Digital Assets Research at VanEck, downloads of remittance giants apps have dropped significantly, with Western Union seeing a 22% decline and MoneyGram experiencing a 27% reduction. Meanwhile, […] The post Western Union and...

Published on: January 07, 2025 | Source: CryptoSlate favicon CryptoSlate

What Is β€˜Zoo’? The Telegram Crypto Game With an Upcoming Airdrop

Rising Telegram game Zoo tasks players with creating their own animal amusement parkβ€”while earning towards an upcoming crypto airdrop.

Published on: January 07, 2025 | Source: Decrypt favicon Decrypt

XRP market cap of $500B 'possible' within 6 weeks, says veteran trader

XRP should attain a 260% gain or a $6.40 price target after a breakout, but a delay may affect the chart pattern’s outcome, says Peter Brandt.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Czech National Bank governor weighs Bitcoin for future reserve strategy

The central bank governor, AleΕ‘ Michl, recently said he was considering investing in Bitcoin as part of the bank’s diversification strategy.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin gurus see these BTC price levels hitting next as $100K holds

Bitcoin is shifting traders' expectations by holding six figures as bullish BTC price patterns return to the radar.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

How to send money to family and friends abroad with cryptocurrency

Sending money overseas? Explore how cryptocurrency makes international transfers faster, cheaper and securer for your loved ones.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Backpack Exchange acquires FTX EU, plans Q1 2025 launch

As part of the acquisition, Backpack EU will be responsible for distributing court-approved bankruptcy claims to FTX EU customers.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

HashKey secures VASP license in Ireland under MiCA regulations

HashKey Europe has entered Ireland following its approval for a VASP license under MiCA regulations, enabling various crypto services.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Toyota’s AI and robotics-powered β€˜Woven City’ set to open this year

Toyota’s futuristic Woven City will open this year at the base of Mt. Fuji and will initially house employees and their families.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

New Solana proposal aims to fix scalability issues with β€˜lattice’ system

A new Solana improvement document aims to address the β€œstate growth problem” by introducing a lattice-based hashing function.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Reddit avatar NFT holders concerned for project as lead exits

The lead of Reddit’s avatar NFT offering has left, sparking concerns from the platform’s users over whether the social giant will retain the program.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

US crypto excitement akin to β€˜space race’ under Trump: TRM Labs exec

β€œWe’re seeing people up and down the Cabinet who have been supportive of digital assets, innovation, and AI,” said TRM Labs’ Ari Redbord.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin ETFs roar back with second day of $900M+ inflows

While the spot Bitcoin ETFs smashed industry expectations in 2024, the products finished poorly with outflows in six of the last eight trading days.

Published on: January 07, 2025 | Source: Cointelegraph favicon Cointelegraph

Solana Proposal Promises to Bring Support to Billions of Users

Solana's latest proposal introduces a new hashing system that could eliminate computational bottlenecks while maintaining security.

Published on: January 07, 2025 | Source: Decrypt favicon Decrypt

Hong Kong Deepfake Scam Group Caught Pretending to Be Rich Single Women

Notebooks seized by local law enforcement revealed elaborate methods to dupe users out of their money, which included deepfakes.

Published on: January 07, 2025 | Source: Decrypt favicon Decrypt

Crypto Industry Waves Goodbye to Top Fed Regulator as Resignations Pile Up

Michael Barr stepped down from his post on Monday and follows closely on the heels of SEC Chairman Gary Gensler's announcement late last year.

Published on: January 07, 2025 | Source: Decrypt favicon Decrypt

Nasdaq proposes raising IBIT options contract limit for traders

Nasdaq filed to raise the current options contract limit of the iShares Bitcoin Trust ETF (IBIT) from 25,000 to 250,000 contracts, representing an exercisable risk of 2.89%, according to a Jan. 6 SEC filing. According to the filing, the current limit represents only 0.4% of exercisable risk for the spot Bitcoin (BTC) exchange-traded fund (ETF). […] The post Nasdaq proposes raising IBIT options contract limit for...

Published on: January 06, 2025 | Source: CryptoSlate favicon CryptoSlate

The Next Generation Will Never Know a World Without AI

Unlike previous generations, Gen Beta will grow up in a world where generative AI is ubiquitous and edging closer to singularity.

Published on: January 06, 2025 | Source: Decrypt favicon Decrypt

Bitcoin reclaims $102,000 as sell-side liquidity dries up

Bitcoin (BTC) reclaimed the $102,000 price level on Jan. 6 after climbing 4% over the day amid a wider market rally as accumulation continues to outpace profit-taking, based on CryptoSlate data. The flagship crypto was trading at $101,630 as of press time after failing to sustain upward momentum as US markets closed for the day. […] The post Bitcoin reclaims $102,000 as sell-side liquidity dries up appeared first on...

Published on: January 06, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin and Ethereum ETFs Have Already Added $585 Million in 2025

Crypto ETFs have already added $585 million worth of new money in January, led by Bitcoin and Ethereum funds, following a steep profit-taking drop in December.

Published on: January 06, 2025 | Source: Decrypt favicon Decrypt

TradFi Firms Are Flocking to Crypto After Trump Win: Ripple CEO Brad Garlinghouse

Ripple CEO Brad Garlinghouse told Decrypt that many Wall Street leaders are now open to crypto thanks to optimism over Donald Trump's return to the White House.

Published on: January 06, 2025 | Source: Decrypt favicon Decrypt