Bitcoin price has rejected an extended decline below a key support mark and retested $95k on Friday and key metrics signal bullishness.
U.S. entities now control 65% more Bitcoin reserves than international holders, while corporate adoption accelerates with over 1 million bitcoins in treasury holdings and major banks launching crypto services.
Russian authorities are preparing to liquidate over 1,032 Bitcoin (BTC) valued at nearly $95 million. The Bitcoin was seized from Marat Tambiev, a former investigator convicted of accepting cryptocurrency bribes from the notorious Infraud Organization.
K33 Research suggests this type of price action has only occurred a few times since 2017.
Bitcoin's (CRYPTO: BTC) dip from its all-time high of $108,135 on Dec. 17 to its current price around $93,100 has prompted questions about the market's direction, the impact of government actions and what the future holds under the incoming Trump administration. Benzinga spoke to several industry experts to take the temperature on Bitcoin's near-term future, Market Reversal: Temporary Dip Or A Vibe Shift?
Bitcoin price dropped to $91,380, prompting a significant 19-point decline in the Crypto Fear and Greed Index to 50.
New Glassnode data reveals Bitcoin trading at $93,400 hasn't yet reached historical "extreme euphoria" levels, with price remaining below the key MVRV threshold of $132,400.
Evan Cheng, a tech expert, CEO of Mysten Labs, slammed the Ethereum Virtual Machine (EVM) as a “fundamentally broken” design. Cheng suggested the only fix to the EVM's “design tech debt” would be “shooting it in the head and start over.
Ethereum (ETH) has seen an over 10% correction from the New Year highs amid the market retrace, recently falling below the $3,300 support. Despite the ongoing pullback, some analysts remain optimistic about ETH's Q1 performance, suggesting new highs are around the corner.
On-chain data shows the US-based platforms have recently seen their Bitcoin reserve dominance spike to a new all-time high (ATH).
The Russian government has recently confirmed that it is moving forward with the sale of Bitcoin seized during the Infraud hacking case.
As is frequently the case whenever assets such as Bitcoin (BTC) trade uncharacteristically highs or experience a rapid plunge, many investors turn to their short ratios to try and gauge the overall market sentiment and detect possible causation.
The confidence of HODLers in crypto remains the key driving force. Here's how the Bitcoin, Ethereum, and XRP price trend will shape in 2025 based on the change in non-empty wallets.
Bitcoin is going through a rough patch and keeping a low profile at $92K today. The recent event of the DOJ's court approval to sell Bitcoin is creating a panic in the market raising liquidity problems in the coming weeks.
Bitcoin's recent price decline below $95,000 has created challenging conditions for mining operations, forcing less efficient miners to exit while stronger operations maintain their position in the market.
Following a fall of 11%, or just over $11,000, the Bitcoin (BTC) price has bounced strongly from a trendline that stretches all the way back to April of 2021. Bitcoin has held the line.
The Bitcoin seized from former ICRF employee Marat Tambiev will be turned into Russian state revenue from a hardware crypto wallet.
Russian authorities are liquidating 1,032 Bitcoin worth one billion rubles, seized from former investigator Marat Tambiev who was sentenced to 16 years in prison for accepting cryptocurrency bribes from a hacking group he was meant to investigate.
Investors increasingly favor Ethereum, with its holder ratio surging past Bitcoin's.
Nick Neuman, CEO and co-founder of Casa, a Bitcoin self-custody services company, recently reported a case in which Casa helped a customer avoid losing funds due to a fire. On social media, Neuman stated that the Casa emergency line received a call from a customer who lost his seed phrase in the fire.
BTC neared $95,000 in European morning hours Friday after a slump in U.S. hours sent it to near $90,000 late Thursday, down 10% from a weekly high above $120,000.
Glassnode data shows that the perpetual funding rate went negative for the first time in 2025.
A top cryptocurrency analyst and trader is warning that Bitcoin (BTC) may plummet if it loses one key level to the downside. The analyst pseudonymously known as DonAlt tells the 65,100 subscribers of the Technical Roundup YouTube channel that Bitcoin could correct more than 13% from its current value.
On Dec. 30, 2024, an education tech company, Genius Group Ltd, bought $10 million worth of Bitcoin. The company aims to convert 90% of its funds to BTC.
Analysis based on Metcalfe's Law projects Bitcoin to reach $1.5 million by 2035, despite current market pullback to $92,805 and short-term technical support at $91,500.
A massive 19,000 Bitcoin (BTC) options are set to expire before the release of US Nonfarm Payrolls (NFP) data release today. The BTC price is showing some volatility taking a dive to $91,380 levels earlier today before recovering back above $94,000.
The Bitcoin world is buzzing with potential changes, especially with former President Trump's plan for Bitcoin reserves. Crypto experts like Anthony Scaramucci are keeping a close eye on this, as Trump could introduce his first executive order soon, possibly including Bitcoin reserves alongside pro-crypto policies.
Mining profitability increased last month as the rally in bitcoin outpaced the increase in the network hashrate, the report said.
Will ETH prices take a dive or soar to new heights? Find out what's driving the next big move!
The cryptocurrency market faced a significant downturn in early January 2025, with several leading coins experiencing sharp declines.
Ethereum whales have accumulated 25,000 ETH during the recent market correction, moving coins off exchanges while technical analysis suggests a potential 44% rally to $5,825, contingent on maintaining key support levels.
A UK judge has dismissed IT worker James Howells' case to recover a hard drive containing 8,000 Bitcoin (worth $740 million) from a Welsh landfill, ruling there were no reasonable grounds for success despite his 12-year effort to gain access to the site.
On-chain data shows the Bitcoin Accumulation Trend Score has observed a decline recently, a sign that investor cohorts have taken to selling. Bitcoin Accumulation Trend Score Is Currently Sitting At 0.21 In a new post on X, the on-chain analytics firm Glassnode has shared an update on how the Accumulation Trend Score has recently been looking for Bitcoin.
Republican state senator Dusty Deevers recently introduced a bill allowing Oklahoma employees and residents to opt to receive salaries in Bitcoin and enable businesses to accept BTC payments.
Global Macro Investor founder Raoul Pal maintains that investors have no reason to be worried about the recent market movements.
Bitcoin's price retreated below $95,000 amid record ETF outflows of $568.8 million and news of potential government sales of seized Silk Road Bitcoin worth $6.5 billion.
Block Inc. is a strong contender for the S&P 500 as it allocates 10% of its monthly Bitcoin gross income to BTC investments.
Bitcoin price has managed to progress slowly to $94,000 over the last 24 hours. The cryptocurrency's daily trading volume has dipped by 4.0% as per CMC data.
Arkham reveals BlackRock's IBIT is selling BTC, sparking speculation about its reaction to market pullbacks and questioning Bitcoin's 21M supply.
After Bitcoin dropped to $92,000 on January 9, 2025, the question on everyone's lips was: Is the Bitcoin Bull Run coming to an end? Analysts have examined the issue and present 3 factors that prove the BTC rally is far from over.
No matter how deep you are in the cryptocurrency market, Scottie Pippen is warning investors about the bear traps in Bitcoin (BTC) that certainly were not on anyone's bingo card a year ago. But it is 2025, and it is a reality.
ETH/BTC ratio remained in a pivotal zone but a strong rebound to the upside for ETH was yet to be triggered.
Canadian spot Bitcoin ETF investors have been flocking to more liquid US alternatives, triggering the largest crypto ETF outflows in Canada's history.
AI-powered trading platform AlgosOne has claimed that its trading bot boasts a reported success rate of over 80% on Bitcoin trades. The post AI Trading Bot AlgosOne Claims 80% Success Rate in Bitcoin Trades appeared first on Cryptonews.
Canadian spot Bitcoin ETF investors have been flocking to more liquid US alternatives, triggering the largest crypto ETF outflows in Canada's history.
The CMC Crypto Fear and Greed Index has plummeted below 50, reaching its lowest point since Oct. 14. This drop coincides with Bitcoin‘s (CRYPTO: BTC) price slipping under $92,000, marking a notable change in market sentiment.
Nayib Bukele, the President of El Salvador, who has continued to push forward with bitcoin policies in his country, announced that he aims to profit from the potential DOJ sales of bitcoin seized as part of the Silk Road market takedown.
A UK judge has dismissed the long-standing legal case of James Howells, who sought access to a landfill containing a hard drive with Bitcoin worth more than $770 million. This ends the 12-year saga for the IT engineer from Newport, Wales that captivated the cryptocurrency community all these years.