MicroStrategy Seizes Bitcoin Dip, Accumulating Over 450K BTC
MicroStrategy has crossed a significant milestone, amassing over 450,000 Bitcoin after seizing a market dip with a $243 million purchase. The company’s latest acquisition was confirmed by its founder and chairman, Michael Saylor, in a Jan. 13 update on X (formerly Twitter). MicroStrategy acquired the Bitcoin at an average price of $95,972 per coin, bringing […]
Sui Soars 600% in Half a Year: Experts Forecast Even Bigger Returns in 2025
Sui took the crypto world by storm in 2024, recording an extraordinary 600% rally. The impressive performance was fueled by solid fundamentals, including a growing user base and a higher Total Value Locked (TVL) than most other Layer 1 blockchains. As 2025 begins, analysts are closely watching to see if Sui can maintain its momentum […]
A look at ‘crypto president’ Donald Trump’s Day One agendas
Donald Trump, who has embraced the title of “crypto president,” is entering his presidency with a whirlwind of bold moves set to disrupt Washington and beyond. From immigration crackdowns to crypto innovation, his Day One agenda signals a presidency ready to make waves. Immigration reforms are front and center. Trump is rolling out a series […]
Altcoin Dominance on Binance Reaches 78% as Analysts Forecast Strong Growth Ahead
Altcoin trading activity on Binance has surged to new heights, with the platform’s altcoin trading volume dominance hitting 78%. A crypto market analyst suggests this trend signals the possibility of a strong altcoin market rally in 2025. According to CryptoQuant contributor Burakkesmeci, who shared insights in a January 11 report, growing retail engagement could drive […]
December US Jobs Data Sparks Immediate $2K Bitcoin Price Drop
Bitcoin has shown significant sensitivity to updates from the U.S. political and economic landscape, evidenced by a sharp $2,000 drop within just 30 minutes. This sudden movement followed the release of the latest U.S. jobs report for December, which revealed a striking gap between the actual number of jobs added and the more conservative predictions. […]
Bitcoin speculators panic sell at $92K Amid good time for accumulation
Bitcoin investors are recalibrating market expectations as the cryptocurrency faces a 4% drop in weekly prices. According to a recent Quicktake blog post by CryptoQuant, this downturn presents a renewed opportunity for savvy investors to buy the dip. Onchain Data Reveals Loss-Driven Activity Bitcoin’s sentiment has faced challenges in recent weeks, with market volatility leaning […]
Altseason Hampered by Declining Capital Inflows
The total market capitalization of altcoins remains significantly below its all-time high achieved in November 2021, reflecting a market where funds are largely being recirculated rather than supplemented by new inflows. Market analyst Ki Young Ju, CEO of CryptoQuant, highlighted this disparity by comparing altcoin market performance with Bitcoin’s market cap, which has doubled since […]
US Set to Offload $6.5B in Bitcoin- Is a BTC Price Crash Looming?
The United States Department of Justice (DOJ) is preparing to sell Bitcoin worth $6.5 billion, seized during the Silk Road investigation. This follows a December 30 court decision, marking the conclusion of a lengthy legal process over the ownership of these Bitcoin holdings. Could More Bitcoin Sales Be Coming? As of January 9, 2025, government […]
Circle Donates 1M USDC to Trump’s Inauguration Fund
Stablecoin issuer Circle has contributed 1 million USD Coin (USDC) to President-elect Donald Trump’s Inauguration Committee, Circle’s CEO Jeremy Allaire revealed on January 9. This donation marks a significant step in the growing legitimacy of stablecoins within the broader financial landscape, according to Allaire. The acceptance of the contribution highlights how the stablecoin sector is […]
Polymarket Users Wager Biden is More Likely to Pardon SBF Than Ross Ulbricht
As President Joe Biden’s tenure nears its end on January 20, there remains the possibility for him to grant pardons or commute sentences for individuals convicted of federal offenses. Some cryptocurrency enthusiasts are now placing bets on whether Biden will intervene in the cases of former FTX CEO Sam “SBF” Bankman-Fried and Silk Road founder […]