Bitcoin’s open interest has dropped to a two-month low, indicating limited downside risk for BTC price.
Yearly archives: 2025
Hong Kong Representative Explores Adding Bitcoin to National Reserve Under ‘One Country, Two Systems’ Framework
A lawmaker in Hong Kong is reportedly proposing adding Bitcoin (BTC) to the region’s reserves for the purpose of financial stability. Wu Jiexhuang, a member of the Hong Kong Legislative Council and chairman of the Web3 Virtual Asset Development Subcommittee, said that the region should study how to maintain financial security with BTC, according to …
Vitalik Buterin helps Tornado Cash developer Roman Storm with $170k New Year donation
Vitalik Buterin, Ethereum’s co-founder, has donated 50 ETH (approximately $170,000) to support the legal defense of Roman Storm, a Tornado Cash developer. The donation, confirmed by Storm on Dec. 31, marks another significant gesture by Buterin in defense of privacy and open-source development within the crypto space. Storm expressed heartfelt appreciation for Buterin’s contribution while …
Syrian research explores Bitcoin legislation to stabilize currency amid challenges
The Syrian Center for Economic Research (SCER) has outlined an ambitious proposal to integrate Bitcoin into the Middle Eastern country’s financial system. On Dec. 31, Bam, the founder of the Arabic crypto channel Bitcoin 21, shared the SCER’s proposal on social media platform X while stating: “The Syrian Center for Economic Research publishes a proposal …
X aims for super app status in 2025 with X Money, X TV and deeper AI integration
X (formerly known as Twitter) aims to chart a new course this year by blending finance, artificial intelligence, and social media into its ecosystem. On Dec. 31, CEO Linda Yaccarino teased upcoming features to provide users with broader capabilities beyond traditional social media interactions. According to her, 2025 will be a year when the platform’s …
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Top 10 cryptocurrency rankings on January 1 2025 vs 2024 sees Avalanche replaced by Tron
The crypto market ended the year with a combined valuation of $3.26 trillion. 2024 featured shifting momentum across Bitcoin, Ethereum, and other assets, influenced by Bitcoin spot ETF approval, the US election, and evolving crypto regulation. The top 10 coins and tokens on Jan. 1, 2025, include the majority of the same ones present a …
New Year’s ETF Action: Bitcoin and Ether Funds Close 2024 With Modest Gains
On New Year’s Eve, the spotlight was on spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs), which ended the year with modest gains. Bitcoin ETFs saw inflows totaling $5.32 million, while ether ETFs brought in a more impressive $35.93 million. Ethereum ETFs Shine on Dec. 31 as Bitcoin Funds Face Mixed Results On Tuesday, …
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Bitcoin Technical Analysis: Bulls Eye $95,000 Breakout Amid Consolidation Battle
Bitcoin is bouncing between $93,928 and $94,154 this hour, boasting a market cap of $1.86 trillion, a daily trading volume of $29 billion, and a price swing today from $92,852 to $95,638. Bitcoin The 1-hour chart shows bitcoin in a holding pattern, trying to pick up steam after dipping to $92,233. The indicators are a …
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Next 10x Crypto? Viral Presale Solaxy Raises $7M for Solana Layer 2 Blockchain
Solaxy ($SOLX) has raised over $7 million in its newly launched token presale, showing strong appeal among crypto traders. The project is building the first Solana layer 2 blockchain, amending the network’s pressing congestion issue. At the heart of the operation is $SOLX, Solaxy’s native token used to transfer value and pay gas fees. The …
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Sleeping Bitcoin Worth $613M Shifts in December, After Years of Dormancy, Fueled by Record-High Prices
During the first week of December and the last month of the year, the leading cryptocurrency bitcoin crossed the $100,000 mark for the first time in history. Two weeks later, its value climbed past the $108,000 range. Meanwhile, 139 long-dormant bitcoin wallets, created between 2010 and 2017, stirred back to life after years of inactivity. …
Meme Coins, L1s, and Stablecoins—Coin Metrics Breaks Down 2024’s Crypto Revolution
The year 2024 marked a pivotal chapter in the cryptocurrency market, characterized by unprecedented developments, record-breaking milestones, and evolving trends, as reported by Coin Metrics’ “State of the Network” analysis by Tanay Ved. Inside 2024’s Crypto Transformation The cryptocurrency industry experienced substantial growth in 2024, spurred by the launch of spot Bitcoin exchange-traded funds (ETFs) …
Dogecoin Could Rally by 6,770%, According to Crypto Analyst – Here’s What Needs To Happen
A popular crypto analyst says that meme asset Dogecoin (DOGE) could surge by quadruple digits percentage-wise for one key reason. Crypto trader Ali Martinez tells his 106,500 followers on the social media platform X that if DOGE follows a historic price pattern, the memecoin could surge to $17.76. “Dogecoin could rally by another 6,770% if …
Analyst Says ‘Up Only’ Price Action on the Horizon for Bitcoin and Altcoins, Predicts New Leg Up for Cardano
Widely followed analyst Michaël van de Poppe believes it’s only a matter of time before Bitcoin (BTC) and altcoins regain their bullish momentum. The trader tells his 759,000 followers on the social media platform X that he thinks Bitcoin and altcoins are close to carving a local bottom. According to Van de Poppe, crypto will …
Major Bitcoin Collapse Incoming Over the Next Two Weeks, Says Trader Nicholas Merten – Here Are His Targets
Crypto analyst Nicholas Merten is leaning bearish on Bitcoin (BTC) as the flagship crypto asset hovers around the $94,000 price tag. In a new video update, the host of DataDash tells his 510,000 YouTube subscribers that he is expecting Bitcoin to undergo a “major collapse” over the coming two weeks. “Bitcoin is starting to showcase …
FCA struggles with crypto ads as UK looks to encourage crypto compliance
The United Kingdom faces mounting challenges in regulating crypto advertising as the Financial Conduct Authority (FCA) grapples with widespread violations, the Financial Times reported on Jan. 1. According to the report, the FCA issued 1,702 alerts against potentially misleading crypto ads between October 2023 and October 2024, yet only 54% resulted in content removal. Despite …
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