As Bitcoin (BTC) continues to move sideways, investors wonder whether the flagship crypto will end the year positively or on a sour note. Some analysts suggest a close above recently lost levels could propel BTC's price to new highs.
Bitcoin nears oversold territory; potential retracement to $60K predicted. Mixed indicators suggest an uncertain trajectory; whales signal cautious market optimism.
As Bitcoin's value surpasses $100,000, luxury brands are increasingly adopting cryptocurrency payments to attract affluent, tech-savvy consumers and diversify their revenue streams. French department store Printemps has partnered with Binance and fintech firm Lyzi to accept Bitcoin and Ethereum, becoming the first European department store to do so.
A widely followed crypto strategist and trader is issuing a warning about Bitcoin as BTC hovers around $94,000. Pseudonymous crypto trader Altcoin Sherpa tells his 236,300 followers on the social media platform X that Bitcoin is lacking strength on the monthly chart after falling about 13% from its all-time high witnessed earlier this month.
Robert Kiyosaki, celebrated author of Rich Dad Poor Dad and a long-time advocate for financial independence, has once again captured headlines with a bold forecast for Bitcoin. According to Kiyosaki, the cryptocurrency could soar to an astonishing $350,000 by 2025.
While speculation is running high about the institutional adoption of bitcoin, Galaxy Research tempers expectations. According to the report published on December 27, the U.S. government will not buy bitcoin in 2025 but may explore new strategies regarding its existing reserves.
Bitcoin needs to hold above $93k to avoid further correction.
The total crypto market cap is down by $150 billion in two days.
Coincodex's machine learning (ML) algorithm has provided a bearish outlook for the Dogecoin price. The ML algorithm predicted that the meme coin would suffer a double-digit crash in January 2025.
Meme coins, born from internet jokes and viral memes, have carved out a unique space within the cryptocurrency landscape. These digital assets, often driven by strong community support and perceived decentralization, are no longer just a laughing matter; they've become a force to be reckoned with.
In 2025, the Ethereum (ETH) L2s ecosystem might finally solve all issues of cross-network interoperability and siloed liquidity. As explained by Ethereum (ETH) enthusiast who goes by @FigoETH, ERC-7683 "Cross Chain Intents" will be a game-changer.
Gold started the year at $2014, having itself a wonderful year amid several highs before hitting $2,719 in late November.
Charlie Gasparino, a New York Post columnist and FOX Business Senior Correspondent, recently appeared on Anthony Pompliano's podcast. Gasparino made harsh comments about the SEC's handling of the Ripple case, calling the regulation unnecessary. He discussed the possibility that the ruling might be reversed, potentially putting Ripple back under legal scrutiny.
The growing dominance of the stablecoin Tether in the crypto market could signal a significant correction for Bitcoin, according to a well-known expert on TradingView. This analysis comes as BTC struggles to maintain its upward momentum after its recent all-time high of $108,365.
Digital asset and blockchain company Galaxy Research, led by head of research Alex Thorn, has released a forecast for 2025, predicting significant price movements and regulatory changes across major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). Bitcoin On Track For $185,000 By Year-End 2025 According to Galaxy Research, Bitcoin is poised to exceed $150,000 in the first half of 2025 and may reach or surpass $185,000 by the end of the year.
XRP News: In a recent interview, Fox Business correspondent Charles Gasparino's comments on Judge Torres's ruling in the Ripple vs. SEC case sparked a heated debate.
As the broader crypto market continues to tackle heightened volatility, Bitcoin ETF products also appear to have faced significant turbulence. Notably, recent market stats indicate that the US Spot BTC ETFs closed the week with $287 million outflows, raising market concerns amid BTC price dip to $94K.
Ripple (XRP) seems weak as it consolidates around $2.1, especially with Bitcoin crashing from its ATH. Due to BTC's steep correction and failure to recover, the outlook for altcoins looks bleak.
Solana (SOL) has faced a challenging price trend recently, with its decline halting, but the altcoin is struggling to reclaim $200 as support.
Robert Kiyosaki, investor and financial expert, also known for authoring a best-selling book on finances “Rich Dad Poor Dad”, has published a tweet about Bitcoin and BlackRock chief executive.
The Bitcoin market is experiencing a shift as major corporations integrate cryptocurrency into their financial strategies. Executive Chairman of Microstrategy, Michael Saylor, recently unveiled a detailed list on social media platform X, revealing the top 60 publicly traded companies with significant Bitcoin reserves.
The United States government is not expected to purchase Bitcoin in 2025, according to Galaxy Digital's head of research, Alex Thorn. The post US Government Unlikely to Buy Bitcoin in 2025, Says Galaxy Digital Research Head appeared first on Cryptonews.
BitMEX co-founder Arthur Hayes is predicting Bitcoin (BTC) will hit an astronomical peak this market cycle. In a new interview with Anna Tutova, the CEO of Coinstelegram, Hayes says Bitcoin could hit seven figures in about a year or so due to a massive expansion of monetary supply from governments.
Vitalik Buterin, Ethereum's co-founder, has embraced a new role as the adoptive parent of Moo Deng, a pygmy hippopotamus that recently captured global attention.
XRP recorded a price correction, which can restrict it from competing with BTC and ETH.
It seems a new record won't arrive in 2024.
Popular ETF issuer ProShares filed for a series of innovative exchange-traded funds that will offer exposure to traditional financial assets while incorporating a Bitcoin hedge. With an additional layer of Bitcoin futures integration, the proposed ETFs would track the performance of the S&P 500, Nasdaq-100, and gold.
Although Bitcoin (BTC) remains range-bound – trading between the $90,000 and $100,000 price levels – some crypto analysts predict that a price correction may be on the horizon due to a bearish ‘head and shoulders' pattern forming on the daily chart. Bitcoin To Drop To $80,000?
The cryptocurrency market is steady after recent ups and downs, with the total market cap standing at $3.3 trillion. However, trading activity dipped slightly, with intraday trade volume falling by 1.66% to $124.18 billion. Despite this, market sentiment remains neutral, as indicated by the Fear & Greed Index at 51.
Ripple's XRP has entered a period of consolidation, navigating through minor price fluctuations while maintaining a generally positive trajectory. As of today, XRP trades at $2.17, reflecting a slight decline of over 2%.
Bitcoin has always been a volatile asset, with prices often swinging unpredictably. But what if there was a way to anticipate its movements?
The Bitcoin bulls have switched to the passive mode as they cannot exert enough pressure even in times of a drop in selling volume. This indicates a lack of interest among the market participants, as bears also remain inactive.
Analysts from the market intelligence company CryptoQuant note that current patterns in Bitcoin (BTC) metrics indicate possible changes in market dynamics. Bitcoin Price Faces Short-Term Volatility After a period of steady decline, spot exchange reserves have experienced a notable uptick, reflecting an inflow of 20,000 BTC.
Japan's Prime Minister has expressed uncertainty about adopting Bitcoin as part of the country's reserves, citing insufficient information on similar initiatives reportedly underway in the United States and elsewhere.
Around 80% of demand for the spot Bitcoin ETFs came from retail, but industry analysts expect institutions to pick up the pace in 2025.
ProShares has applied to launch ProShares Bitcoin hedge ETFs linked to the S&P 500, Nasdaq 100, and gold.
Putin's Russia sees the use of Bitcoin as an effective means to avoid sanctions in international trade.
The Bitcoin (BTC) ‘kimchi premium' has returned to South Korea's cryptocurrency market as the country grapples with political instability. This has led to a weakened Korean won (KRW) and a higher price for the leading cryptocurrency.
As Ethereum (ETH) trades steadily above the $3,300 mark, market analysts are beginning to predict a potential recovery that could reshape the altcoin landscape. Currently trading at $3,321, ETH's resilience has been notable, especially amidst a broader market correction led by Bitcoin (BTC).
US Crypto Policies Threaten XRP & BTC Trends: Anti-crypto moves by the Biden administration and SEC weigh on XRP prices and BTC adoption potential.
The crypto market today is experiencing a cool-off period with the holiday season in full swing. Bitcoin (BTC) and Ethereum (ETH) have tumbled, with BTC falling below 95K and ETH now down to the 3300 range.
The moves of the Bitfinex whales have been reliable indicators for moves in the price of Bitcoin itself, as explained by this analyst.
The race for dominance is on, and Ethereum's ability to rise from its current slump will be crucial for its future.
Bitcoin has recently shown signs of potential market shifts as key metrics reflect changing investor behavior. This is evident in Bitcoin reserves on spot exchanges, which had been in a steady decline for weeks, now seeing a notable uptick with an inflow exceeding 20,000 BTC, according to CryptoQuant analyst IT Tech.
Ripple's XRP is currently consolidating on the larger time frame, with no major price correction. Instead, the market is moving sideways, hinting at a period of consolidation within an overall uptrend. At the time of writing, XRP is down by more than two percent and is trading at $2.17.
Corporations are fueling the bitcoin boom, with top 60 public companies amassing 591,368 BTC—Microstrategy dominating the list with an unrivaled 444,262 bitcoins.
Charlie Gasparino, a New York Post columnist and FOX Business Senior Correspondent, shared his thoughts on the regulation of Ripple, expressing that he always believed the scrutiny on the company and its cryptocurrency XRP was unnecessary.
Galaxy Research is of the belief there will be “some movement” within US government departments in 2025 to explore an "expanded Bitcoin reserve policy."