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news-imageJanuary 31, 2025

Bitcoin and Ethereum ETFs see $655M in inflows as SEC swiftly approves Bitwise's new combined fund

Spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the US saw inflows of approximately $655 million on Jan. 30, reflecting a strong rebound in investor interest. The surge comes after the US Securities and Exchange Commission's (SEC) approval of a Bitwise fund offering exposure to both assets.
Publisher: CryptoSlate
Sentiment: Positive
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cover-imageTrustnodes
January 31, 2025

Ethereum Jumps on a New ETF

Ethereum spiked earlier today, rising by about 3% in an hour as the market digested news of the Securities and Exchanges Commission (SEC) approving a new combined bitcoin and ethereum ETF by Bitwise.

Positive
cover-imageCryptoPotato
January 31, 2025

Bitcoin Price Analysis: This Is BTC's Road to $115K

Bitcoin has been consolidating above a crucial support region, signaling strong buyer interest and a potential bullish breakout. If BTC reclaims the $108K resistance, it could trigger a short liquidation cascade, propelling the price toward $115K.

Positive
cover-imageAltcoin Buzz
January 31, 2025

Texas to Prioritize Bitcoin Reserve in 2025

Authorities in Texas are seriously pushing on with plans to launch a Bitcoin reserve. Texas Lieutenant Governor Dan Patrick noted that establishing a Texas Bitcoin reserve was one of the state's priorities for 2025.

Negative
cover-imageThe Currency Analytics
January 31, 2025

Bitcoin's Dominance May Stall Altcoin Growth, Says Expert

A prominent crypto strategist has weighed in on the future of altcoins, claiming that Bitcoin's current dominance in the market may prevent the usual capital rotation into altcoins seen in previous cycles. The pseudonymous analyst, known as The Flow Horse, shared his thoughts with his 259,500 followers on the social media platform X (formerly Twitter), arguing that money invested in Bitcoin this cycle will likely stay within Bitcoin's ecosystem, leaving altcoins with limited growth potential.

Negative
cover-imageCrypto Daily
January 31, 2025

Will Europe continue to shun Bitcoin?

Following the announcement by the Czech National Bank governor Aleš Michl that he wanted to invest as much as 5% of the country's reserves into Bitcoin, ECB President Christine Lagarde retaliated by stating that she was confident that no Bitcoin would enter the reserves of any of Europe's central banks.

Negative
cover-imageAltcoin Buzz
January 31, 2025

Lagarde Confident Bitcoin Won't Enter ECB Reserves

Bitcoin is accelerating its worldwide financial adoption, but not everyone supports its inclusion in reserve assets. ECB President Christine Lagarde expressed skepticism about Bitcoin and stated that the ECB and other central institutions will not include it in reserve systems.

Positive
cover-imageCrypto Economy
January 31, 2025

Tether Integrates USDT with Bitcoin's Lightning Network for Instant Payments

TL;DR Tether has integrated its USDT stablecoin with Bitcoin's Lightning Network, enabling instant, low-cost transactions while maintaining Bitcoin's security and decentralization. The integration leverages the Taproot Assets protocol to enhance Bitcoin's ability to handle tokenized assets, transforming how stablecoins are used within Bitcoin's ecosystem.

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