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news-imageJanuary 16, 2025

Bitcoin: Binance's Open Interest Skyrockets After Promising US Figures

Under the reassuring glow of the CPI, Binance ignites: Bitcoin captures 500 million in two hours, crowning the crypto with a new hope.
Publisher: Cointribune
Sentiment: Positive
BTC

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cover-imageThe Currency Analytics
January 17, 2025

Bitcoin Hammers $100K Again: Why Is Crypto Up Today

Bitcoin ($BTC) has once again reached the coveted $100,000 mark, even if briefly, grabbing headlines and reigniting its dominance in the crypto market. The surge comes amid a combination of factors, including a cooling U.S. inflation rate, renewed optimism in risk assets, and anticipation of a pivotal year for cryptocurrency.

Positive
cover-imageBitcoin
January 17, 2025

Altcoin Season Looms as Bitcoin Dominance Declines, Says QCP Capital

Global markets jumped higher after a softer-than-anticipated Consumer Price Index report, with QCP Capital spotlighting noteworthy advancements in both the cryptocurrency space and traditional equities. Market Analysis Says Ethereum and Altcoins Poised for Takeoff as Bitcoin Stabilizes QCP Capital reported that bitcoin climbed 4.13%, touching a peak of $100.

Positive
cover-imageCryptonews
January 16, 2025

Another Wave of Bitcoin Growth ‘Still Likely' – Russian Analyst

A new Bitcoin growth wave could be on the horizon, a Russian analyst has claimed. But while this could see BTC prices swell to $120,000, a “correction” could also see Bitcoin dip back to the $80,000 mark. The post Another Wave of Bitcoin Growth ‘Still Likely' – Russian Analyst appeared first on Cryptonews.

Positive
cover-imageCryptonews
January 16, 2025

Coinbase Launches Bitcoin-backed Loan Services for U.S. Users

Coinbase relaunches Bitcoin-backed loans in the U.S., allowing users to borrow up to $100,000 in USDC using BTC as collateral. This innovative service caters to crypto holders seeking liquidity without selling assets. Discover how it works, its benefits, and Coinbase's role in this growing market. The post Coinbase Launches Bitcoin-backed Loan Services for U.S. Users appeared first on Cryptonews.

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cover-imageBitcoin
January 16, 2025

Thailand SEC Explores Bitcoin ETF Listing

The local listing of bitcoin ETFs is being weighed by the Thailand SEC which would make them accessible to both individuals and institutions. Thailand Looking to Adopt Bitcoin ETFs The listing of bitcoin exchange-traded funds (ETFs) is being contemplated by Thailand's Securities and Exchange Commission (SEC).

Positive
cover-imageThe Currency Analytics
January 16, 2025

Bitcoin Could Surpass $300,000 in 2025, New Survey Predicts

Bitcoin could reach an astonishing $300,000 by the end of 2025, according to a new market forecast by HashKey Group. The Hong Kong-based digital asset firm has drives excitement with its latest prediction, suggesting that Bitcoin's value will soar due to a significant increase in institutional investment and growing mainstream adoption.

Positive
cover-imageCNBC Television
January 16, 2025

Bitcoin hovers near $100,000 and XRP surges 16% ahead of Trump inauguration: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Eric Jardine of Chainalysis breaks down the firm's latest data on crypto's use in illicit activity.

Negative
cover-imageThe Daily Hodl
January 16, 2025

Bloomberg Analyst Says Bitcoin Facing Formidable Resistance at Critical Level, Outlines Headwinds in BTC's Path

Bloomberg Intelligence senior macro strategist Mike McGlone is warning that Bitcoin (BTC) is facing mounting resistance at one key level. McGlone says that changing macroeconomic conditions and exceptions that the Fed will cut rates less than previously thought in 2025 may prevent Bitcoin from flipping the $100,000 resistance level into support any time soon.

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