Bitcoin Surges Past $101K as MicroStrategy Kicks Off 2025 with New BTC Investment
Bitcoin surged past the $100,000 milestone during Wall Street’s Jan. 6 open, fueled by bullish momentum that propelled the cryptocurrency into six-figure territory. BTC Price Eyes Daily Close Above $101K Data from leading market trackers, including TradingView, recorded a sharp spike in Bitcoin’s value, with BTC/USD reaching as high as $101,506 on Bitstamp. This marked […]
Crypto bull market entering final stage says CryptoQuant
The cryptocurrency market appears to be entering the “final phase of the current bull cycle,” signaling a need for heightened caution among investors, according to the analytics firm CryptoQuant. This ongoing bull run, which began in January 2023, is anticipated to peak by the first quarter of 2025, or possibly extend into the second quarter, […]
FTX’s Payment Plan Takes Effect – When Will Users Receive Their Funds?
The long-awaited repayment process for the bankrupt cryptocurrency exchange FTX officially began on January 3, marking a significant step forward for users hoping to recover their funds. The reorganization plan, part of the ongoing bankruptcy proceedings, is now in motion and will facilitate the distribution of reimbursements to eligible claimants. In a January 3 post […]
Bitcoin Network Processed over $19 Trillion in Transactions in 2024
In 2024, the Bitcoin network facilitated over $19 trillion in transaction settlements, more than doubling the $8.7 trillion settled in 2023. This marked a significant rebound following two years of declining transaction volumes since 2021. Data provided by Pierre Rochard, Vice President of Research at Riot Platforms, highlighted that Bitcoin’s transaction volume reached its peak […]
Bitcoin Surge Above $100K Could Propel SOL, SUI, ICP, and ENA Upward
Bitcoin experienced a 4% surge this week, highlighting strong buying interest at lower levels. Despite initial outflows of $242.3 million in U.S. spot Bitcoin exchange-traded funds (ETFs) on January 2, inflows rebounded sharply to $908.1 million the very next day, according to data from Farside Investors. This indicates growing investor confidence in Bitcoin’s potential to […]
MARA CEO Advises Retail Investors to Buy Bitcoin and ‘Forget About It’
Fred Thiel, CEO of MARA Holdings, a leading Bitcoin mining firm, has encouraged retail investors to adopt a long-term approach by investing in Bitcoin and essentially forgetting about it. Thiel’s advice stems from Bitcoin’s consistent performance over the years. In a Jan. 2 interview with FOX Business, Thiel pointed out that Bitcoin has experienced yearly […]
From Block 0 to Global Phenomenon: Tracing Bitcoin’s Evolution
On January 3, 2009, the first-ever Bitcoin block—known as the genesis block—was mined. This historic moment marked the beginning of a decentralized financial revolution. Over the past 16 years, the Bitcoin blockchain has recorded over 1.13 billion transactions across nearly 800,000 blocks, solidifying its place as a transformative technology. Satoshi Nakamoto, Bitcoin’s enigmatic creator, embedded […]
What Crypto VCs Are Targeting in 2025
Deng Chao, the CEO of HashKey Capital, a prominent institutional asset management firm, has shared insights about the future of venture capital (VC) investment in crypto projects. Chao expressed confidence that 2025 will see increased VC interest, particularly in areas such as stablecoin solutions, real-world asset (RWA) tokenization, artificial intelligence, and infrastructure development. Chao attributed […]
Solana Surges Past $200 following Pump.fun’s $55M SOL sale
Solana’s value experienced a notable increase of approximately 10%, surpassing the $200 mark after a $55 million transaction from Pump.fun’s fee account to the Kraken cryptocurrency exchange. The cryptocurrency rebounded after hitting a low of $189 around 5:00 pm UTC on January 1. The price began its upward movement at approximately 6:00 pm UTC, following […]
77% Chance of US Solana ETF Approval in 2025 – VanEck
The likelihood of a Solana exchange-traded fund (ETF) debuting in the United States this year might be even stronger than a leading prediction platform’s optimistic estimate, according to Matthew Sigel, VanEck’s head of research. On January 1, Polymarket, a cryptocurrency prediction market, forecasted a 77% chance for a US Solana ETF listing in 2025. Sigel, […]