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news-imageJanuary 13, 2025

Bitcoin, ETH, & XRP Price Prediction: What You Can Expect This Week?

The Bitcoin price has continued recording a neutral price action over the past week. This has resulted in the altcoin market experiencing a similar price trend. With the fear of extreme volatility in the crypto space, top altcoins such as ETH price and Ripple price are prepared to witness significant action this month.
Publisher: CoinPedia
Sentiment: Neutral
BTC
ETH

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Negative
cover-imageThe Currency Analytics
February 6, 2025

Bitcoin Faces Volatility as 50K BTC Moves, CryptoQuant Warns

Bitcoin (BTC) investors may soon face increased volatility, with new concerns rising over large movements in Bitcoin holdings. A recent warning issued by prominent analytics firm CryptoQuant revealed that a massive 49,700 BTC, valued at around $5 billion, which had remained inactive for six to twelve months, are now being transferred.

Negative
cover-imageBitcoin
February 6, 2025

Bitcoin's Correlation With Markets Grows, Challenging ‘Safe Haven' Narrative

Bitcoin's correlation with global markets—attributed by some to increased institutional investment and algorithmic trading—challenges the narrative of it being a safe-haven asset, similar to gold. Bitcoin's ‘Safe Haven' Claim Challenged Following the U.S. imposition of a 25% tariff on Canadian and Mexican imports, bitcoin (BTC) briefly plummeted below $93,000, dragging the crypto market down.

Positive
cover-imageProactive Investors
February 6, 2025

Trump Media files for Bitcoin ETF as part of investment push

Trump Media & Technology Group Corp (NASDAQ:DJT), the parent company of Truth Social, is expanding into financial services with a series of investment products under the "Truth.Fi" brand, the company announced Thursday. The move aligns with themes championed by President Donald Trump, including US energy independence, domestic manufacturing, and cryptocurrency.

Negative
cover-imageBenzinga
February 6, 2025

Bitcoin, Ethereum, XRP, Dogecoin Grind Lower As Trader Warns: Choppy Above $95,500, Bearish Below

Despite positive catalysts like institutional adoption and discussions around Bitcoin's potential inclusion in sovereign wealth funds, the cryptocurrency market is trading lower on Thursday, with traders closely watching Bitcoin's $95,500 support level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,588.31 -1% Ethereum (CRYPTO: ETH) $2,710.63 -2% Solana (CRYPTO: SOL) $191.80 -3.7% XRP (CRYPTO: XRP) $2.33 -4.4% Dogecoin (CRYPTO: DOGE) $0.2481 -4% Shiba Inu (CRYPTO: SHIB) $0.00001505 -5.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9% and daily active addresses falling by 3.4%.

Negative
cover-imageBenzinga
February 6, 2025

XRP Down 26% In 7 Days: What's Going On?

XRP (CRYPTO: XRP) has dropped 26% in the past seven days, mirroring broader market weakness that has pushed Bitcoin (CRYPTO: BTC) below $100,000. Despite the pullback, strong fundamentals could help XRP recover.

Negative
cover-imageThe Currency Analytics
February 6, 2025

XRP Price Prediction for February 6: Key Levels to Watch

Ripple's native token, XRP, has encountered some challenges recently, facing a more than 3% decline in its value and revisiting levels below the $2.50 mark. The coin dropped to a low of $2.36 within the last 24 hours, triggering some concerns in the market.

Negative
cover-imageThe Currency Analytics
February 6, 2025

Ethereum Risks $11B Sell-Off Below Key Price Level

Ethereum (ETH) is currently facing significant price pressure, with market conditions growing increasingly uncertain. Recently, Ethereum failed to hold the crucial $3,900 level, dipping 14% below that price and triggering concerns about its long-term price action.

Positive
cover-imageInvezz
February 6, 2025

Trump Media files trademark applications for Bitcoin and US industry investment products

Trump Media and Technology Group (TMTG), the parent company behind Truth Social, announced Thursday that it has filed for trademarks on six new investment products, marking its entry into the financial services sector. These products aim to track Bitcoin and key US industries, including manufacturing and energy. The filings include products such as the Truth.

Positive
cover-imageBenzinga
February 6, 2025

A Bitcoin Pullback To $75,000 Is Coming, Arthur Hayes Warns

Bitmex co-founder Arthur Hayes shared his insights on the current market cycle and his bold predictions for Bitcoin's (CRYPTO: BTC) future, suggesting a potential dip before a significant rally. What Happened: In a podcast with Scott Melker on Feb. 1, Hayes forecasted a short-term pullback to $75,000 before a massive rally to $250,000 by the end of this cycle.

Neutral
cover-imageThe Currency Analytics
February 6, 2025

Ripple Expands U.S. Workforce Amid Regulatory Shifts

Ripple, a prominent player in the blockchain-based payment industry, is experiencing significant operational shifts as a result of recent changes in U.S. crypto regulations. Stuart Alderoty, Ripple's Chief Legal Officer, recently shared his thoughts on the evolving landscape in the U.S. during an interview with CNBC.

Positive
cover-imageCrypto Economy
February 6, 2025

Trump Media Company to Launch Bitcoin ETF Under Truth.Fi

TL;DR Trump Media & Technology Group (TMTG) will launch three ETFs under the Truth.Fi brand, including one focused on Bitcoin. Yorkville Advisors will manage the funds, while Charles Schwab will act as the custodian of the invested assets. Analysts predict that TMTG's Bitcoin ETF will face strong competition from firms like BlackRock and Fidelity.

Negative
cover-imageCryptonews
February 6, 2025

Ethereum Faces $11B Sell-Off Threat – Will $ETH Fall Below $500?

The cryptocurrency market is experiencing significant turbulence, with Ethereum ($ETH) serving as a prime indicator of just how low it could go. The world's second favorite cryptocurrency was on track to potentially hitting highs of $5,500 this year, but recent price swings suggest the road there is looking increasingly more complicated.

Positive
cover-imageCryptoSlate
February 6, 2025

Trump Media unveils Bitcoin ETF amid financial services expansion

Trump Media and Technology Group Corp. (TMTG) is expanding into financial services with a new suite of investment products, including a spot Bitcoin (BTC) exchange-traded fund (ETF), according to a Feb. 6 announcement. President Donald Trump is the largest holder of TMTG, which has applied for trademarks under the Truth.

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