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Bitcoin Eyes Potential Rebound To $98,600, But Analyst Suggests Caution
The market’s New Year rebound turned into a start-of-year retrace after Bitcoin (BTC) dropped from the recently reclaimed $100,000 support into the $94,000 territory. Amid the drop, an analyst shared his “cautiously bullish” outlook for BTC’s price. Related Reading: ‘ADA Wave Is Coming’: Cardano Wha...
NewsBTC
Wed, Jan 8
Shiba Inu Price Forecast: SHIB wallets hit all-time high of 1.38M despite ETH, BTC, XRP downturn
Shiba Inu price plummeted toward $0.000022 on Wednesday, marking a 13.4% loss within the weekly timeframe.
Fxstreet
Wed, Jan 8
Trump’s team eyes overhaul of Fed leadership with key roles opening
Donald Trump’s crew is working overtime to shape the Federal Reserve into their version of a perfect economic machine. With some big names stepping down and even bigger decisions ahead, his advisers are busy sketching out a new look for the central bank. Top on the agenda is elevating Michelle Bowman, a Trump-appointed Fed governor, […]
Cryptopolitan
Wed, Jan 8
Solana strengthens NFT market with peak trading for the second half of 2024
Solana saw a recovery of NFT activity, expecting the trend to continue into 2025. The new trending collections aim to tap the branding of AI agents.
Cryptopolitan
Wed, Jan 8
Ripple President says spot $XRP ETF “is likely to be next in line after Bitcoin and Ether”
Ripple President Monica Long mentioned in a January 7 interview on Bloomberg TV that the crypto market might receive more crypto spot ETF approvals in 2025. Long suggested that President Donald Trump and his pro-crypto administration would introduce more crypto-friendly regulations to support ETFs sooner.
Cryptopolitan
Wed, Jan 8
Caution Reigns As Bitcoin Slips Under $100K And Funding Rates Reflect Fear
Bitcoin started the year with a strong price rally, surging by 5% on January 6th to reclaim the $100k mark for the first time in weeks. The asset’s price continued its run up to $102,760 before undergoing a healthy correction, pushing it back below $100k. As of press time, Bitcoin trades between $96...
NewsBTC
Wed, Jan 8
Bitcoin enters the distribution phase as the accumulation trend score drops to 0.21
According to Glassnode’s report, the accumulation trend score stands at 0.21 amid declining Bitcoin prices.
Cryptopolitan
Wed, Jan 8
Russia’s war-fueled economic boom faces a reckoning
Russia’s economic machine, once turbocharged by war and government spending, is now running out of steam. Nearly three years after the Ukraine invasion, Moscow’s upbeat mood — with its packed restaurants and buzzing luxury stores — feels like a thin veil over a much more fragile reality. Inflation is way up, interest rates are at […]
Cryptopolitan
Wed, Jan 8
Major Legal Victory For Coinbase: Judge Failla Approves ‘Rare’ Interlocutory Appeal
On Tuesday, US-based crypto exchange Coinbase, achieved a significant legal victory in its ongoing dispute with the Securities and Exchange Commission (SEC). Judge Katherine Polk Failla of the Southern District of New York has granted Coinbase a “rare interlocutory appeal,” allowing the company to c...
Bitcoinist
Wed, Jan 8
Fidelity expects governments and nation-states to start adding Bitcoin to their portfolios
Fidelity is calling it: governments and nation-states are about to get serious about Bitcoin. In a new report, the investment giant predicts a new chapter in Bitcoin’s journey—one where central banks and treasuries step up as big investors. Spot Bitcoin exchange-traded products (ETFs) made their debut in 2024, and they’ve been nothing short of a […]
Cryptopolitan
Wed, Jan 8
The 4 Best Altcoins to Turn $150 into $1,900 — Which Projects Could Deliver the Best Returns?
The altcoin market is heating up following Bitcoin’s recent price resurgence to $102K. Recent indicators from CoinMarketCap suggest we’re back on our way to the type of heady altcoin rally we enjoyed in early December 2024. Meme coins, in particular, continue to garner loads of attention from invest...
Bitcoinist
Wed, Jan 8
UAE Bitcoin Mining Giant Makes Bold Move Into The US Market
Phoenix Group, a crypto company based in the UAE, is pushing hard to get into the US market. In a recent news release, the company said that its newest 50MW Bitcoin mining facility in North Dakota was now fully operational. Related Reading: Bitcoin Joins Top 10 Global Assets, Claiming The 7th Spot—R...
Bitcoinist
Wed, Jan 8
Dogecoin Liquidations Cross $24 Million As Bulls Suffer Double-Digit Beat Down
Amid the wider market decline, meme coin Dogecoin has seen its price retrace by about 10% in the past 24 hours. At the same time, data from Coinglass shows that over $24 million worth of Dogecoin positions have been liquidated in the ensuing decline in the past 24 hours. Coinglass Data Highlights Ex...
NewsBTC
Wed, Jan 8
Why Is $SOLX the Next Crypto to Explode?
In recent weeks, the Solaxy ($SOLX) presale has become one of the most talked-about events among crypto investors, and for a good reason. With global events like Donald Trump’s pro-crypto stance and Bitcoin’s ongoing rally driving the bull run, $SOLX is the next crypto to present an exciting i...
Bitcoinist
Wed, Jan 8
Bitcoin struggles as bull market grinds to a halt: Where is crypto headed?
Bitcoin (BTC) briefly slipped below $95,000 on Wednesday before recovering above that level.
Bitcoin
Fxstreet
Wed, Jan 8
Hyperliquid responds to concerns over validator issues
Through a detailed post on X, the Hyperliquid Foundation recently addressed concerns raised by its community regarding Hyperliquid’s validator operations, decentralization, and transparency. The foundation, which oversees the Hypeliquid perpetuals trading platform and its associated Layer 1 blockchain, reaffirmed that all network validators are selected based on their performance during the testnet phase. It explicitly […]
Cryptopolitan
Wed, Jan 8
Litecoin Price Forecast: 40,000 LTC traders exit as crypto crash triggers $500M in liquidations
Litecoin price slid 10% to hit a 7-day low of $102 on Wednesday.
Litecoin
Fxstreet
Wed, Jan 8
FTX creditor raises concern about bankruptcy managers’ excessive spending
FTX Creditor Linda Favario has filed a complaint with the US Bankruptcy Court over the extravagant spending of the FTX Administrators. In her letter dated December 17, 2024, Favario called the court’s attention to the excessive expenses, noting that it is a norm for bankruptcy professionals. The creditor’s letter follows similar concerns that bankruptcy judge […]
Cryptopolitan
Wed, Jan 8
Solana Vs. Ethereum: Investment Giant Fidelity Predicts Who Will Lead In 2025
Fidelity Digital Assets, a subsidiary of global financial services firm Fidelity Investments, has released a new paper titled “2025 Look Ahead: Is it ‘too late’ to enter digital assets?” The publication dedicates significant attention to the ongoing competition between Ethereum and Solana. Authored ...
NewsBTC
Wed, Jan 8
Ripple Leadership Dines With Donald Trump: What Was It About?
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty were spotted dining with President-elect Donald Trump at Mar-a-Lago on January 7, 2025. The news broke via both Garlinghouse and Alderoty’s posts on X, featuring a photograph with Trump that quickly went viral. What Did Ripple̵...
Bitcoinist
Wed, Jan 8
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