A recent opinion piece in The Nation by TIME Business reporter Sam Gustin tells readers to “Be Afraid.” He’s warning them about cryptocurrency and Donald Trump. In it, the author quotes Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz, saying: “There’s an enormous risk of self-dealing here.” Economist’s Warning About Trump, Cryptocurrency “The danger...Read More
With the current bull cycle possibly on its last legs, many crypto experts are optimistic that the leading cryptocurrency will attain never-before-seen heights before the end of the year. Blockchain analytics platform CryptoQuant revealed in its latest research that Bitcoin (BTC) could soar to a peak between $145,000 and $249,000. While stressing that institutional adoption...Read More
XRP, the third-largest cryptocurrency by market capitalization ranking, surpassed bitcoin (BTC) to become the most-traded digital asset on Coinbase. This indicates that American crypto investors are increasingly interested in Ripple’s native coin. The sudden spark in interest comes days after the company’s CEO, Brad Garlinghouse, met with United States President-elect Donald Trump to discuss including other...Read More
Bitcoin is seeing institutional accumulation amidst fresh gains of over 3% on Friday as its price tapped $102,000. In fact, CryptoQuant has observed a significant Bitcoin inflow to Coinbase Prime, pointing to increased over-the-counter (OTC) trading activity. This trend suggests heightened interest from US institutions, which prefer OTC trades as a method for large-scale Bitcoin...Read More
The release of the December CPI report triggered notable reactions across financial markets, especially in the cryptocurrency sector. While headline inflation aligned with expectations, core inflation fell below forecasts on both monthly and annual bases, fueling optimism for risk-on assets like Bitcoin. Binance Open Interest Spikes After CPI Data Within two hours of the CPI...Read More
Italy’s largest banking institution, Intesa Sanpaolo, has reportedly bought Bitcoin worth €1 million. The transaction marks the first direct cryptocurrency purchase by a bank in the country, potentially reshaping its cautious approach to digital assets. Breaking Tradition Rumors of the acquisition first emerged on 4chan after a user shared screenshots of emails attributed to Intesa’s...Read More
The past few days have seen bitcoin (BTC) briefly trade below the $90,000 range, and analysts say the cryptocurrency faces the risk of more volatility in the short term. Although the narrative paints BTC as resilient, macroeconomic pressures could drag the digital asset to levels not seen in months. A Bitfinex Alpha report has cited...Read More
Bitcoin has recovered from its 2025 and 8-week low of just below $90,000 during late trading on Monday, Jan. 13. The asset gained around $5,000 over the past 12 hours from that drop or so to tap the $95,000 level during trading in Asia on Tuesday morning. BTC is now back in the middle of...Read More
Despite the current state of the crypto market, Bitcoin miners are having an even more difficult time producing blocks and running their operations. Bitcoin mining difficulty hit an all-time high, but an even more notable occurrence is that this uptick is the eighth consecutive one, which could mean several things for the budding crypto network....Read More
Bitcoin began the week with a significant slump, briefly falling below $90,600 to its lowest figure since November. Over the past day, the cryptocurrency declined by almost 4%, extending its monthly losses to 11%. The downturn marks a subdued period for BTC and the entire market. During this time, the whale activity also appears to...Read More
Crypto markets spent the past week in retreat, with more than $300 billion leaving the digital asset sector. The weekend traded flat, but there was a minor spike in activity and a subsequent price correction on Monday morning in Asia. Moreover, several key inflation reports are due in the US this week, which could impact...Read More
Despite some difficulties, the cryptocurrency market ended 2024 on a strong note, reaching an all-time high (ATH) market cap of $3.91 trillion in December. In a recent insight report published by Binance Research, the research arm of the cryptocurrency exchange, the market’s growth was largely influenced by Bitcoin’s stellar performance and regulatory optimism. Bitcoin Becomes...Read More
Nevada-based Bitcoin mining firm – CleanSpark – has reached a significant milestone by surpassing 10,000 BTC in its treasury. All the Bitcoins were mined exclusively from its US-based operations. The latest figure reflects a 236% year-over-year (YoY) increase in its Bitcoin holdings. CleanSpark Hits Milestone Zach Bradford, CEO and President of the firm attributed the...Read More
The long-term holder ratios for Ethereum (ETH) and Bitcoin (BTC) over time show a distinct trend in favor of the former. As of now, 74.7% of Ethereum addresses belong to long-term holders, a figure that surpasses Bitcoin’s long-term holder ratio, which is hovering at just over 60% Ethereum Leads in Holder Ratios According to the...Read More
With Bitcoin’s increasing presence in traditional financial systems and speculation around a US BTC strategic reserve, some experts foresee a major supply shock during this cycle, potentially disrupting the 4-year cycle theory with extraordinary price growth. However, a new report indicates that such a supply shock is unlikely to happen in 2025. Analyzing Bitcoin Long-Term...Read More
Bhutan’s newly established Special Administration Region – Gelephu Mindfulness City (GMC) – announced plans to recognize digital assets such as Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) as part of its strategic reserves. The latest move has made the region one of the first jurisdictions to officially hold digital assets within its reserve portfolio....Read More
Republican Senator Dusty Deevers of Oklahoma has proposed SB325, the Bitcoin Freedom Act, a bill designed to integrate BTC into Oklahoma’s economy by allowing employees to opt for Bitcoin as a payment method and enabling businesses to accept such transactions. Deevers framed the proposal as a response to inflation, which he said undermines the purchasing...Read More
The US entities’ share of global Bitcoin reserves has reached an all-time high amidst increasing confidence in the asset class. The figure is now 65% higher than non-US entities, according to CryptoQuant CEO Ki Young Ju. This milestone is based on an analysis of Bitcoin holdings by identifiable US entities – including miners, MicroStrategy (MSTR),...Read More
Before winning the 2024 presidential election in a landmark victory for the cryptocurrency sector, former president Donald Trump promised to establish a national Bitcoin reserve. As a result, crypto markets have been making big bets on Bitcoin’s price increasing throughout 2025. But Trump hasn’t yet committed the federal government to making any new Bitcoin purchases....Read More
Bitcoin plunged below $95,000 on Wednesday after shedding almost 8% over the past day. Amidst heightened volatility, investors appear to have positioned themselves cautiously. But prominent entrepreneur and investor Robert Kiyosaki believes the latest “crash” is great. Here’s why: Opportunity in Crisis Kiyosaki took to X to express his optimism about Bitcoin despite its recent...Read More
Rising Treasury yields as a result of falling bond prices Tuesday knocked tech stocks in the Nasdaq Composite down nearly 2%. Aside from BTC, Ethereum fell nearly 8%, Ripple dropped by 6%, and Solana slumped by nearly 10% in the 24-hour window. BTC Price Retraces Jan 6 Bump on New Congress Going into the work...Read More
Bitcoin prices have slumped back into five-figure territory, with the asset hitting an intraday low of $95,164 during early trading in Asia on Wednesday following a fall of almost 6% in 12 hours, according to CoinGecko. On Tuesday, Jan. 7, the asset topped $102,000 after gaining 10% over the past week. However, most of those...Read More
Governments and central banks, from the United States to Switzerland, are giving Bitcoin serious consideration as an alternative to traditional reserve assets, with the Czech Republic being one of the latest to signal interest. The governor of the Czech National Bank (ČNB), Aleš Michl, has floated Bitcoin as a potential diversification strategy for the country’s...Read More
2025 has kicked off on a positive note, with Bitcoin back to six figures, trading above $100,000. Despite climbing by almost 8% over the past week, BTC is yet to reclaim its recently established all-time high above $108,000. However, Bitcoin’s divergence from equities suggests a reduced correlation, raising hopes for a bullish 2025 and new...Read More
As 2025 begins, the possibility of bitcoin (BTC) experiencing a significant correction in this first quarter is high. However, declining sell-side liquidity suggests the cryptocurrency could also see further gains in the medium term. In the latest edition of the Bitfinex Alpha report, analysts revealed that much of the downside pressure predicted for Q1 2025...Read More
Bitcoin “has only just started its price discovery phase,” crypto analyst ‘Daan Crypto Trades’ told his 390,000 followers on X on Jan. 7. Price discovery occurs when an asset enters new territory and makes consecutive new all-time highs. At the time of writing, BTC was just 6% away from its Dec. 17 peak price of...Read More
The world’s second-largest corporate holder of Bitcoin, MARA, also known as Marathon Digital Holdings, has lent out around 16% of its treasury. In a production and mining operation update released on Jan. 3, the firm revealed that 7,377 BTC, worth around $730 million at current prices, has been “temporarily loaned to third parties.” Its total...Read More
According to a CryptoQuant analyst, the ongoing bull cycle may end sooner than many anticipated. Using Bitcoin (BTC) as a benchmark, the analyst stressed that the bullish trends will climax during the first quarter of 2025 or, at the latest, by the second quarter. The analyst also shed light on how the market price movement...Read More
Japanese investment firm Metaplanet’s CEO Simon Gerovich revealed that the company has ambitious goals with a strategic focus on Bitcoin for 2025. In his latest tweet, the exec announced plans to expand Metaplanet’s Bitcoin holdings to 10,000 BTC. Metaplanet’s Bitcoin Expansion To achieve the 10k BTC milestone, Gerovich said that the company plans to utilize...Read More
After struggling at the end of the year with numerous consecutive days of net outflows, the spot Bitcoin ETFs in the States finally registered some notable inflows on Friday. The Ethereum counterparts sit in the opposite corner, as they have been mostly in the green since mid-December despite the FOMC aftermath on the entire market....Read More
