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 […]
Terraform Co-Founder Do Kwon Pleads Not Guilty in US Court Appearance
On January 2, 2025, Terraform Labs co-founder Do Kwon stood before a US magistrate for the first time since his extradition, entering a plea of not guilty to the charges against him. The legal hearing, held in Manhattan’s Southern District of New York, marked the beginning of a high-profile case against the former tech leader. […]
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, […]
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 […]
Stablecoin reserves hit $45B on exchanges – What it means for Bitcoin investors
Bitcoin’s [BTC] recent price rally has reignited discussions around market dynamics, particularly Binance’s massive stablecoin reserves and their role in fueling bullish sentiment. As of December 31, these reserves soared to an impressive $44.5 billion, signaling significant buying potential that could further propel BTC upward. At the time of writing, Bitcoin was trading at $93,592.03, […]
BlackRock’s Bitcoin ETF Leads 2024 Net Inflows Among Competitors
BlackRock’s spot Bitcoin exchange-traded fund (ETF) outshined its competitors in 2024, recording over $37 billion in net inflows, according to Farside Investors. The iShares Bitcoin Trust (IBIT) attracted more than three times the net inflows of its closest rival, Fidelity’s Wise Origin Bitcoin Fund (FBTC), which brought in nearly $12 billion. BlackRock also claimed the […]
Solana adds $1B worth of stablecoins in December
Solana experienced a remarkable $1 billion increase in stablecoin value throughout December, with the majority of the inflow attributed to USD Coin (USDC), according to data from DefiLlama. This growth underscores the rapid adoption of stablecoins and highlights Solana’s emergence as a key player in decentralized finance (DeFi) during 2024. The Solana network now boasts […]
Could a Bearish Bitcoin Pattern Signal $76K BTC Price Ahead of Trump’s Inauguration?
Bitcoin’s price has faced significant pressure since reaching its peak of $108,353 on Dec. 17, with its recent dip below $92,000 raising concerns among analysts. This move has brought the potential formation of a bearish head-and-shoulders pattern into sharper focus. If Bitcoin fails to hold above the neckline at $92,000, further downside could be on […]
MiCA’s Influence on USDT and the European Crypto Ecosystem
The European Union’s Markets in Crypto-Assets (MiCA) regulation officially came into effect on Monday, ushering in a new era for cryptocurrency governance within the region. However, questions remain about Tether’s USDT, the leading stablecoin globally, as it has yet to achieve certification under MiCA’s compliance framework. The silence from EU regulators regarding USDT’s adherence to […]
Bitcoin Drops Below $94K: Are Bears Taking Over?
On December 29, 2024, Bitcoin’s value fell beneath the $94,000 threshold, marking a decline from its record high of nearly $108,000 set on December 17, 2024. Data from CoinMarketCap reveals that Bitcoin has decreased by 1.29% in the last 24 hours and 2.67% over the past week. Currently, Bitcoin is trading below its 20-day exponential […]