Bitcoin Spot ETF inflows totaled $307 million last week, with Blackrock ETF IBIT leading gains at $498 million.
Recent data from CryptoQuant shows that the amount of Bitcoin held by US-based institutions has reached an all-time high. As of January 9, these US players now control 65% more Bitcoin than those outside the country, showing a clear shift in where Bitcoin is stored.
Following XRP's recent breakout above a crucial descending trendline, traders were expecting a big rally. However, the asset's price is reversing back toward $2.40, suggesting that it is losing steam rather than gaining it.
Ethereum investors and advocates remain hopeful that 2025 will be a boom year for the world's second-largest digital asset.
Legendary trader Peter Brandt thinks that it is within the realm of possibility for Bitcoin (BTC) to witness a meltdown before igniting a nearly 80% rally. Brandt tells his 771,500 followers on the social media platform X that BTC appears to be flashing a price pattern using the terms bump, hump, slump and dump.
Ethereum whales have continued their ETH dumping as the ETH price struggles to gain past $3,500 to set the next stage of the rally. Also, investors are staying cautious currently as ETH supply reaches the pre-Ethereum Merge levels.
Bitcoin's price experienced a dip below $93,000 on Jan. 10, following a strong U.S. jobs report that bolstered the U.S. dollar.
Jamie Dimon, CEO of JPMorgan, discussed Bitcoin in an interview with CBS News on January 12, reaffirming his skepticism toward the crypto.
The crypto market's versatile events influence investors' decisions, sometimes even for the worse. A Bitcoin Whale's recent BTC handling strategies and decision is an example of that.
MicroStrategy stock mirrors Bitcoin's volatility as Michael Saylor's BTC strategy drives debate. Market moves keeping investors on edge.
In a notable shift of sentiment, renowned technical analyst and commodities trader Peter Brandt has offered rare praise for XRP, describing the token as the current standout performer among its crypto peers. Brandt posted a daily XRP/USD chart on X (formerly Twitter) on Sunday, proclaiming: “Leader of the pack.
After closing last week below a crucial support level of around $95k, Bitcoin (BTC) price has been trending on shaky grounds, which could lead to further sell-offs in the near term.
The cryptocurrency market recorded a nominal decline, with the global market cap slipping by 1% to $3.28 trillion in the past 24 hours. Despite this dip, trading volume surged by an impressive 18.95%, hitting $83.93 billion.
Fidelity predicts 2025 will ignite a seismic shift as nation-states, banks, and institutions race to embrace bitcoin, marking the dawn of a new financial era.
Bitcoin price consolidating around the $94,500 level and on-chain metrics signals concerning signs for the crypto market. Bitcoin network activity has hit a two-month low showing the dwindling investor interest in the world's largest crypto asset class.
Scott Bessent will also resign from Key Square Group, the hedge fund he founded, to avoid conflicts of interest if the Senate confirms him.
A weaker dollar drives investors to assets like cryptocurrencies, often viewed as hedges against inflation and devaluation.
XRP is presently the focus of interest in the cryptocurrency market, with many speculators forecasting a large price increase in the months ahead. As of January 13, 2025, XRP is trading about $2.39, following a significant recovery from a previous slump.
Bitcoin has fallen 10% so far this month but analysts say it has fallen between 25% and 30% in the month of January in past post-halving markets.
JPMorgan CEO Jamie Dimon has not warmed up to Bitcoin despite the fact that the cryptocurrency is experiencing broader institutional acceptance.
Scott Bessent, President-elect Donald Trump's pick for Treasury Secretary, plans to liquidate several of his investments, including holdings in Bitcoin exchange-traded funds (ETFs), to avoid possible conflicts of interest if confirmed. Bessent, a billionaire hedge fund manager, filed his ethics agreement and financial disclosures ahead of his upcoming Senate confirmation hearing.
MicroStrategy continues its aggressive Bitcoin accumulation strategy under Michael Saylor, sparking debates about the risks and rewards of its bold approach.
Trump's Treasury nominee Scott Bessent plans to liquidate a string of investments, including BTC ETF, to avoid a potential conflict of interest.
The cryptocurrency market remained range-bound on Monday, with Bitcoin trading within a range of $93K to $96K. Concerns about market conditions are growing due to factors such as FTX liquidations and speculations surrounding a potential US government sell-off of Silk Road-related Bitcoin holdings. The release of stronger-than-expected US jobs data added to the somber sentiments.
An investor dumped Ethereum (CRYPTO: ETH) tokens at a loss on Sunday as the second-largest cryptocurrency capped off the week with double-digit negative returns. What happened: A prominent whale, which controlled three wallets, swapped 10,070 Ether for 33 million in stablecoin Dai (CRYPTO: DAI), losing a million in the sale, according to Lookonchain.
Ignoring Bitcoin could leave nations vulnerable, Fidelity claims, as inflation, deficits, and competition demand strategic digital asset allocation.
Bitcoin's volatility highlights the broader economic uncertainty and potential challenges for digital assets amid shifting U.S. policies. The post Bitcoin rally faces headwinds from Trump's diverging crypto trades, say experts appeared first on Crypto Briefing.
With crypto-friendly leadership emerging within the SEC and Congress, crypto legislation is expected to take a more favorable turn in 2025. The approval of spot XRP and Solana ETFs could be one of the first signs of this new era, leading to more relaxed regulatory environments for digital assets and even further mainstream adoption.
XRP price started a fresh surge above the $2.50 level despite pressure on Bitcoin. The price is still showing positive signs and aiming for a fresh increase above the $2.550 resistance.
Crypto market today is stuck in the zone, with Bitcoin trading steadily between $92K and $96K. Altcoins, following Bitcoin's range-bound movement, have seen notable price drops.
XRP's price has recently reacted to key support regions, bouncing off important levels multiple times. If the low of the correction is in place, the price could move higher, eventually leading to another corrective phase before advancing further.
A Treasury nominee's six-figure stake in Blackrock's bitcoin ETF reveals crypto's grip on elite portfolios, raising stakes for future U.S. economic policy decisions.
Ethereum price started a minor recovery wave above the $3,200 zone. ETH is struggling and might continue to move down if it stays below $3,320.
XRP, one of the most well-known cryptocurrencies in the market and a vital part of the Ripple blockchain, is facing growing concerns about its future price trajectory. According to popular crypto analyst EGRAG Crypto, XRP may be on the verge of a significant crash — one that could see its value plummet by as much as 74%.
Toncoin outperformed Bitcoin throughout 2024 as TON saw a hike in adoption and usage.
Bitcoin price is consolidating losses below the $95,500 zone. BTC is showing bearish signs and might struggle to recover above the $95,800 level.
Scott Bessent, President-elect Donald Trump‘s nominee for Treasury Secretary, has disclosed owning between $250,001 and $500,000 in the iShares Bitcoin Trust ETF (NASDAQ:IBIT), according to financial documents released Saturday by the U.S. Office of Government Ethics. What Happened: The disclosure comes as Bitcoin (CRYPTO: BTC) trades near $94,227, following a pullback from its December peak of $108,135.
XRP's future hangs in the balance as the SEC faces a January 15 deadline for its appeal in the Ripple case. Will the case take a new turn?
The outlook for Bitcoin is showing a stark contrast between general traders and high-net-worth investors. While recent bearish movements have led retail traders to adopt a cautious stance, wealthy investors remain resolute in their bullish predictions for the cryptocurrency.
A closely followed analyst says that deep-pocketed crypto investors have scooped up over $2.5 billion worth of XRP and Dogecoin (DOGE) in just a couple of days.
Bitcoin's price remains volatile amid market turbulence and macroeconomic challenges, a new analysis from the on-chain analytics firm Glassnode has drawn attention to the $88,000 price level as a crucial support point. Investors should closely monitor this threshold, as it could provide key insights into Bitcoin's future price movements.
Finally, XRP has breached a crucial descending trendline resistance level, suggesting that a major bullish rally may be about to begin. After weeks of consolidation within a narrowing range, traders have a clear indication that momentum may be turning upward with this breakout.
A local bottom could be in, but maybe the opposite could be true instead.
Bitcoin (BTC) continues to trade approximately 14% below its all-time high, but according to renowned economist and trader Alex Krüger, the digital asset is far from reaching its peak. Speaking on the Unchained podcast, Krüger expressed his bullish outlook, suggesting that Bitcoin has significant room to grow.
Altcoins are rallying, with SUI and SOL gaining popularity, while XRP faces growing short interest.
Bitcoin has been faced with a challenging start to 2025 with a rejection at the $100,000 mark. Notably, Bitcoin has been unable to hold substantially above the $100,000 price level since it first broke through in early December, and multiple breakouts have been followed by rejections.
Canaan's new Avalon Mini 3 provides a unique home heating solution while mining Bitcoin.