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news-imageJanuary 18, 2025

Bitcoin, Ethereum and Dogecoin Spike on Optimism Over New Trump Presidency

The cryptocurrency market saw a notable surge on Saturday. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) all experienced a rise in value, as traders anticipate a potential ‘Trump bump' with the upcoming second Donald Trump presidency.
Publisher: Benzinga
Sentiment: Positive
BTC
DOGE

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cover-imageThe Currency Analytics
February 18, 2025

Bitcoin Dominance Weakens – What This Means for BTC Traders

Bitcoin (BTC) has long been the dominant force in the cryptocurrency market, but recent market behavior is flashing warning signs for traders. Bitcoin's dominance (BTC.D), or its share of the total cryptocurrency market cap, has shown signs of weakening, raising concerns about whether the asset is preparing for a retreat.

Positive
cover-imageBenzinga
February 18, 2025

US Could Sell Its Gold To Set Up Potential Bitcoin Reserve, Says Bernstein: Will It Ignite A 'Global Race' To Buy BTC?

The cryptocurrency task force constituted under President Donald Trump is setting its sights on creating a national Bitcoin (CRYPTO: BTC) reserve, according to a Monday research report by brokerage firm Bernstein. What Happened: The establishment of such a stockpile could ignite a “global race” among nations to acquire Bitcoin as a reserve asset, CoinDesk reported, citing the Bernstein analyst note.

Positive
cover-imageNewsBTC
February 18, 2025

Bitcoin Presents A ‘Generational Opportunity' As Global Turmoil Intensifies, Says Bitwise Executive

In a post on X published yesterday, Jeff Park, Head of Alpha Strategies at Bitwise, stated that Bitcoin (BTC) currently presents a “generational opportunity” amid intensifying global macroeconomic turmoil. Park pointed to factors such as US President Donald Trump's proposed trade tariffs, concerns over the US debt ceiling, and the growing sentiment of deglobalization as key contributors to the current economic uncertainty.

Positive
cover-imageThe Currency Analytics
February 18, 2025

Bitcoin Fixes This' — Why BTC Outshines Fort Knox Gold in Transparency and Trust

U.S. Senator Rand Paul has called for an audit of the United States' gold reserves stored at Fort Knox, reigniting a debate about the transparency and reliability of traditional assets versus Bitcoin (BTC). On February 16, Paul invited Elon Musk's Department of Government Efficiency (DOGE) to conduct a thorough review of the Fort Knox reserves, which reportedly hold 147.3 million ounces (4,600 tons) of gold.

Positive
cover-imageCryptopolitan
February 18, 2025

Ethereum Layer 1 accumulates $1.67 billion in fees from DeFi

Data from Ethereum's on-chain data analytics platform Growthepie has revealed that the Layer 1 blockchain has accumulated over $1.67 billion in gas fees from DeFi, accounting for over 30% of all the fees accumulated from all DeFi ecosystems. Base, ZKsync Era, and Arbitrum One are the chains taking the 2nd, 3rd, and 4th place after Ethereum, having accumulated $39.53 million, $37.69 million, and $34.60 million in DeFi fees, respectively.

Positive
cover-imageTokenpost
February 18, 2025

US Bitcoin Reserve Plans Could Ignite Global Crypto Competition

The U.S. crypto task force is set to establish a national bitcoin (BTC) reserve, potentially triggering a global competition among nations to acquire bitcoin as a reserve asset, according to a Bernstein report. Analysts, led by Gautam Chhugani, highlighted that such a move could drive sovereigns worldwide to adopt BTC as part of their reserves.

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