Solana and XRP ETFs Poised to Attract Billions in Investment: JPMorgan
The approval of new cryptocurrency exchange-traded products (ETPs) could unlock substantial investment, according to financial heavyweight JPMorgan. Anticipation is growing among investors for the first-ever spot Solana and XRP ETFs, buoyed by expectations that a more favorable regulatory environment could emerge in the United States following the upcoming inauguration of President-elect Donald Trump on January […]
Italy’s Largest Bank Enters Crypto Market with $1M Bitcoin Investment
Intesa Sanpaolo, the largest bank in Italy, has entered the Bitcoin market by purchasing 11 BTC for approximately €1 million ($1.02 million) on January 13, 2025. This marks the first Bitcoin investment by an Italian bank, coming shortly after Bitcoin surpassed the $100,000 milestone in December. The announcement was revealed through a leaked internal email […]
Tether to Move Headquarters to El Salvador Following License Approval
Tether, the issuer of the widely used stablecoin, has announced plans to relocate its operations, including its headquarters and subsidiaries, to El Salvador following the acquisition of an official license to operate within the country. In a statement dated January 13, Tether confirmed it had been granted authorization as a digital asset service provider and […]
Bitcoin Drops Below $90K as Investors Prepare for Looming Economic Uncertainty
On Jan. 13, Bitcoin faced notable selling pressure, dipping under $90,000 for the first time in two months. The 12.5% decline over the week dampened trader enthusiasm, though derivatives indicators painted a neutral to slightly bearish picture, hinting that larger investors like whales and market makers were relatively unaffected by the drop. Bitcoin futures contracts, […]
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 […]