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news-imageJanuary 2, 2025

Bitcoin, Ethereum Spike 4% While XRP Surges 11% To Become Top 3 Crypto

Cryptocurrency markets are surging on the first official trading day of 2025, with the top three coins by market capitalization up between 4% and 11% before U.S. markets open. CRYPTOCURRENCY PRICE 24-HOUR GAINS +/- Bitcoin (CRYPTO: BTC) $96,595 +3.4% Ethereum (CRYPTO: ETH) $3,462 +4.0% XRP (CRYPTO: XRP) $2.40 +10.8% What Happened: XRP has overtaken Tether (CRYPTO: USDT) to become the third-biggest cryptocurrency by market capitalization, surging to $138 billion at the time of writing.
Publisher: Benzinga
Sentiment: Positive
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ETH

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Positive
cover-imageCryptopolitan
January 4, 2025

Polymarket: 40% Chance Trump Creates U.S. Bitcoin Reserve

A recent Polymarket poll shows 40% believe President-elect Trump might create a U.S. Bitcoin reserve, stirring debates on its role in national finances. With nearly 200,000 Bitcoins already held by the government, this move could boost the U.S.'s position in the global crypto market.

Positive
cover-imageCryptopolitan
January 4, 2025

Samson Mow's JAN3 raises $5M to expand Bitcoin adoption

JAN3, a Bitcoin tech company founded by Samson Mow, has raised $5 million to make Bitcoin and Layer 2 technologies easier to use. Supported by major investors like Fulgur Ventures and Tether, the company plans to solve Bitcoin's scalability issues and help expand its use, especially in areas with limited access to financial services.

Positive
cover-imageBitcoinist
January 4, 2025

Bitcoin STH Demand On The Rise – Key Price Levels To Watch

Following a mild price rebound in the past week, Bitcoin (BTC) has surged above 98,000 with the market bulls aiming for a return to the $100,000 price zone. Interestingly, a report from CryptoQuant analyst Darkfost has revealed an increase in short-term holders' demand that has coincided with this recent price rally.

Positive
cover-imageThe Currency Analytics
January 4, 2025

US Bitcoin ETFs Attract $908 Million in Daily Inflows, Signaling Strong Investor Confidence

Despite recent market fluctuations, investor interest in Bitcoin remains strong, as evidenced by the remarkable $908 million in net inflows to US Bitcoin ETFs on Friday. This significant rebound follows a more subdued $242 million outflow the previous day, highlighting the growing optimism surrounding Bitcoin and its role in investment portfolios.

Negative
cover-imageThe Daily Hodl
January 4, 2025

BlackRock Spot Bitcoin ETF Witnesses $332,620,000 in Outflows, the ETF's Largest-Ever Exodus in a Single Day

New data reveals that asset management titan BlackRock's spot Bitcoin (BTC) exchange-traded fund (ETF) saw a record number of outflows earlier this week. According to data from blockchain tracker SoSoValue, BlackRock's iShares Bitcoin Trust ETF (IBIT) saw a staggering $332.6 million worth of outflows on January 2nd, its largest day of outflows on record.

Positive
cover-imageBitcoin
January 4, 2025

XRP Market Update: Bullish Surge Hints at Explosive Breakout Potential

XRP was trading at $2.45 on Jan. 4, 2025, boasting a market capitalization of $140.85 billion. Its 24-hour trading volume reached $4.47 billion, and the day's price movement ranged between $2.43 and $2.49. XRP XRP's one-hour chart illustrates a phase of consolidation within the $2.45 to $2.50 range, suggesting a possible breakout scenario.

Positive
cover-imageThe Currency Analytics
January 4, 2025

XRP Price Predicted to Reach $8 by 2025: Here's Why

XRP, the native token of Ripple Labs, is gaining significant traction, leading to a bold prediction from analysts that it could reach $8 by 2025. This surge in expectations comes amid XRP's increasing dominance in trading volume, particularly in South Korea, where it has outperformed other major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

Positive
cover-imageCoingape
January 4, 2025

XRP Lawsuit: Top Attorney Predicts Ripple Case End Timeline

With Gary Gensler to depart and Paul Atkins to take over as US SEC Chair under the pro-crypto Trump administration, experts and XRP army expect an end to the long-running XRP lawsuit. A top lawyer closely following the Ripple vs SEC lawsuit development predicts the potential resolution of the case by April or May this

Positive
cover-imageCoinPedia
January 4, 2025

Bitwise CEO Highlights Growing Interest in Bitcoin ETFs, Survey Shows Rising Demand for Crypto

In a latest development, Hunter Horsley, the CEO of Bitwise has expressed enthusiasm in an X post about the increasing interest in the company's spot Bitcoin ETF. Notably, Bitwise's latest research shows that 24 out of 25 financial advisors received client inquiries about cryptocurrency over the past year, indicating a growing demand for crypto investments.

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