Bitcoin Data Indicates Ripe Buying Period as BTC Nears $95K
Economic data and general profit-taking may have dented an early bitcoin (BTC) rally, but data tracking investor behavior indicates buying current price levels could benefit those looking for an entry into BTC markets. Onchain data shows bitcoin’s Spent Output Profit Ratio (SOPR) has crept up to 0.987 as of...
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Bitcoin Funding Rates Briefly Went Negative, Usually Marks a Local Bottom: Van Straten
Bitcoin (BTC) has not broken below $90,000 since Nov. 18, and continues to swing between $90,000 and $100,000. The sentiment generally flips bullish when bitcoin approaches $100,000 and investors try to continue the bull market. However, this also works the other way and as bitcoin heads toward $90,000, like...
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More and more companies choose Bitcoin as the prime asset for corporate reserves
On Dec. 30, 2024, an education tech company, Genius Group Ltd, bought $10 million worth of Bitcoin. The company aims to convert 90% of its funds to BTC. Lately, more and more companies around the world have chosen Bitcoin as…...
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Grok, l’IA di Elon Musk, prevede il prezzo di Dogecoin, Pepe, WEPE e Flockerz nel 2025
L’inizio di un nuovo anno è sempre un momento ideale per riflettere su ciò che ci aspetta nel futuro e fare previsioni. Nel 2025, il mondo delle criptovalute si trova a un punto cruciale, con tecnologie emergenti, regolamentazioni in evoluzione e un interesse crescente da parte di investitori istituzionali. ...
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U.S.-Listed Bitcoin Miners Accounted for 25% of Global Network in December: Jefferies
U.S.-listed bitcoin (BTC) miners accounted for 25.3% of the global network in December, Jefferies said in a research report on Thursday. The bank cut its price target for MARA Holdings (MARA) to $20 from $24, while maintaining its hold rating on the stock. The shares rose 0.5% to $18.43...
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K-pop giant Cube Entertainment’s CEO under fire for misleading crypto investment guarantees
South Korea’s Cube Entertainment is under scrutiny after its CEO, Kang Seung-gon, was accused of allegedly misleading investors into a cryptocurrency investment that resulted in significant financial losses. A coalition of investors has accused Kang of promoting Nestree, a cryptocurrency…...
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Anthony Scaramucci Was Asked About His Profit-Taking Strategy On Bitcoin, Altcoins: Here’s What He Said
Anthony Scaramucci, CEO of investment firm SkyBridge Capital, discussed his take-profit strategy for cryptocurrencies on Thursday, stating that he will not sell his Bitcoin (CRYPTO: BTC) but rather target altcoins such as Solana (CRYPTO: SOL) in the long run. What happened: During an interview with the Altcoin Daily, the...
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Stablecoin developer Usual faces backlash after changing redeem function
Stablecoin developer Usual is under scrutiny after changing 1:1 redemption mechanism for USD0++, its yield-bearing staked token tied to the USD0 stablecoin. USD0++, the staked version of the USD0 stablecoin by Usual, dropped to $0.92 — 8% below its previous…...
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Oklahoma Senator Introduces Bitcoin Freedom Act To Allow BTC Payments
Republican state senator Dusty Deevers recently introduced a bill allowing Oklahoma employees and residents to opt to receive salaries in Bitcoin and enable businesses to accept BTC payments. Oklahoma Senator Introduces Bitcoin Freedom Act On January 8, Senator Dusty Deevers announced the Bitcoin Freedom Act, a proposed bill to...
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Ripple (XRP) Developments, Optimistic Cardano (ADA) Predictions, and More: Bits Recap Jan 10
TL;DR Ripple’s stablecoin RLUSD gained adoption from top exchanges like Bitstamp, offering diverse trading pairs. Cardano’s ADA rebounded to $0.97, with analysts predicting future highs between $6.45 and $7. Bitcoin (BTC) fluctuated from $102K to $92K, now at $94.5K, with forecasts as high as $500K for 2025. What’s New...
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