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news-imageJanuary 24, 2025

Bitcoin, Dogecoin and XRP Rebound—But Trump's Meme Coin Is Still Down

Most of the major cryptocurrencies are in the green Friday morning, including Bitcoin and Dogecoin, but Trump's Solana token sits in the red.
Publisher: Decrypt
Sentiment: Positive
BTC
DOGE

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Positive
cover-imageBenzinga
January 24, 2025

Forget Worrying About Bitcoin Going Down 50%, There's Now A 'Protected Bitcoin ETF' With Money-Back Guarantee

Calamos Investments has introduced a suite of Protected Bitcoin Exchange-Traded Funds (ETFs), designed to offer exposure to Bitcoin (CRYPTO: BTC) while minimizing risk. What Happened: The flagship ETF provides 100% downside protection over a one-year period, ensuring that investors' principal remains intact even if Bitcoin experiences a significant price drop.

Positive
cover-imageInvezz
January 24, 2025

Which country leads Bitcoin ATM adoption in LATAM?

Latin America's Bitcoin ATM ecosystem reveals striking contrasts in cryptocurrency adoption across the region. El Salvador stands out as the undisputed leader, dominating the landscape with the highest number of Bitcoin ATMs. LATAM leader in Bitcoin ATMs According to Coin ATM Radar, El Salvador has 215 Bitcoin ATMs, far surpassing its regional competitors.

Negative
cover-imageZycrypto
January 24, 2025

Ripple Slammed As The ‘Biggest Obstacle' For US Strategic Bitcoin Stockpile; CEO Brad Garlinghouse Responds

The Bitcoin community is angry with Ripple for endorsing a multi-asset strategic reserve in the United States instead of a Bitcoin-only reserve. Bitcoiners are accusing the San Francisco-based blockchain payments startup of being the “biggest obstacle” to a national U.S. Bitcoin due to it actively pushing for the inclusion of several coins, including XRP.

Negative
cover-imageCryptonews
January 24, 2025

MicroStrategy Faces Potential Tax Burden on Unrealized Bitcoin Gains: Report

With $47B in Bitcoin holdings, MicroStrategy could face billions in federal taxes under U.S. rules taxing unrealized gains. As the IRS evaluates relief options, the firm's negotiations may influence how cryptocurrency is treated in corporate tax frameworks, setting critical precedents for the industry. The post MicroStrategy Faces Potential Tax Burden on Unrealized Bitcoin Gains: Report appeared first on Cryptonews.

Positive
cover-imageThe Currency Analytics
January 24, 2025

Bitcoin Price Retreats: Ideal Levels to Buy Before BTC Soars to $120K

Bitcoin's price experienced a slight dip following its recent all-time high (ATH) of $110,000, with its current trading value hovering around $102,674. After a drop of about 7.3% from the peak, many crypto enthusiasts are now eyeing key levels that could present an excellent opportunity to buy Bitcoin before the price potentially surges again, heading toward a new ATH of $120,000.

Positive
cover-imageBenzinga
January 24, 2025

Coinbase CEO Brian Armstrong Says Bitcoin Is 'A Better Form Of Money'

Coinbase (NASDAQ:COIN) co-founder and CEO Brian Armstrong said Bitcoin (CRYPTO: BTC) is “a better form of money,” advocating for its inclusion in government reserves. What Happened: Armstrong on Thursday on X argued that Bitcoin's ~$2 trillion market cap—roughly 11% of gold's ~$18 trillion market cap—positions it as a superior form of money due to decentralization, scarcity, divisibility, portability and improved fungibility compared to gold.

Positive
cover-imageUToday
January 24, 2025

$60,000,000,000 in Bitcoin: BlackRock Hits Historic BTC Milestone

BlackRock now holds an unheard of 60 billion worth of Bitcoin (BTC) across its iShares Bitcoin Trust (IBIT), with 574,118.84380 BTC recorded on the ETF's balance sheet. Recent data from Farside Investors shows that Bitcoin ETFs have recently received a total of 188.7 million, with BlackRock alone getting $154.6 million — 81% of net inflows.

Positive
cover-imageBenzinga
January 24, 2025

MicroStrategy Devotee Semler Scientific Doubles Down On Bitcoin Buys

Semler Scientific Inc (NASDAQ:SMLR), a medical technology company, has announced a significant move into the cryptocurrency space with its latest convertible notes offering and plans to acquire Bitcoin (CRYPTO: BTC). What Happened: On Jan. 24, Semler Scientific priced an upsized offering of $85 million in 4.25% convertible senior notes due 2030, according to the company's press release.

Neutral
cover-imageCrypto Economy
January 24, 2025

BTC and ETH Face $3.7B Expiry: Short-Term Market Trends in the Spotlight

TL;DR $3.19 billion in BTC options and $574.8 million in ETH options expire today, impacting short-term trends. The maximum pressure points for BTC and ETH are $100,000 and $3,300, respectively, with current prices slightly above these levels. Regulatory initiatives and the U.S. digital asset reserve plan add bullish fundamentals to the market outlook.

Positive
cover-imageUToday
January 24, 2025

XRP Blows out Bollinger Bands as Biggest Expansion Ever Is Recorded

XRP, popular cryptocurrency associated with Ripple's cross-border payment business, has just logged a technical anomaly that is turning heads: its largest-ever Bollinger Bands expansion. This is not just another blip on the radar, as it is a volatility spike that is rewriting the asset's historical price patterns.

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