Bitcoin Falls 4% on US JOLTS Data as Trader Predicts $92K Dip
On January 7, Bitcoin faced a 4% decline, with market dynamics drawing attention to significant traders influencing price movements. Liquidity Games and Market Shifts BTC/USD fell below the $98,000 mark, as shown by data from TradingView. The drop coincided with the release of the US Job Openings and Labor Turnover Survey (JOLTS), which highlighted an […]
Ripple Collaborates with Chainlink to Strengthen RLUSD Stablecoin Presence in DeFi Ecosystem
Ripple has teamed up with Chainlink, a decentralized oracle network, to boost the adoption and functionality of its Ripple USD (RLUSD) stablecoin within decentralized finance (DeFi) platforms. This collaboration, revealed on January 7, will deliver reliable price feeds for RLUSD on both Ethereum and the XRP Ledger, supporting efficient transactions and various DeFi applications for […]
MicroStrategy Starts 2025 with Announcement of 1,070 Bitcoin Acquisition
MicroStrategy, the largest corporate Bitcoin holder, kicked off the new year by acquiring an additional 1,070 BTC during the final two days of 2024. On January 6, the company disclosed that it had spent approximately $101 million in cash on December 30 and 31, 2024, to complete the purchase. According to a filing with the […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]