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news-imageJanuary 14, 2025

Bitcoin Faces Growing Challenges as Network Activity Declines

Bitcoin (BTC) has recently found itself in a precarious position, with a significant decrease in network activity raising concerns about its future price movement. For those closely watching the world's largest cryptocurrency, the decline in active addresses and rising selling pressure could spell trouble for Bitcoin's near-term prospects.
Publisher: The Currency Analytics
Sentiment: Negative
BTC

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Positive
cover-imageBenzinga
January 14, 2025

MicroStrategy Plans Perpetual Preferred Stock Offering To Bolster Bitcoin Strategy

MicroStrategy Inc. (NASDAQ:MSTR) is exploring perpetual preferred stock as a new financing instrument to fuel its ongoing Bitcoin acquisition strategy, according to insights shared by Executive Chairman Michael Saylor. What Happened: At a recent investor meeting hosted by The Benchmark Company, Saylor explained that MicroStrategy is looking to raise $2 billion through one or more perpetual preferred stock offerings in the first quarter of 2025, subject to market conditions.

Negative
cover-imageFinbold
January 14, 2025

SEC chair gets slammed for failed Bitcoin policies

Gary Gensler's tenure as chairman of the Securities and Exchange Commission has been controversial, to put it mildly. Looking at more traditional assets, Gensler and the SEC have made significant strides in investor protection, improving market transparency, and executing key reforms in equity and treasury markets.

Positive
cover-imageCointribune
January 14, 2025

Trump's Inauguration: A Bullish Catalyst For Bitcoin!

In its latest blockchain letter, Pantera Capital states that Donald Trump's upcoming inauguration should propel Bitcoin to new heights. The asset manager refutes the application of the stock market adage "buy the rumor, sell the news" to the crypto market, as Bitcoin currently hovers around $95,000.

Positive
cover-imageFXEmpire
January 14, 2025

Can Bitcoin Still Reach $115K?

Bitcoin reached the ideal $90+/-2K target zone for a correction, and although $85-86K is still a possibility, we now expect it to rally to $115K+ contingent on holding above $73400.

Positive
cover-imageBitcoin
January 14, 2025

Sygnum Bank Raises $58 Million With Focus on Bitcoin Technology

The $58 million that Sygnum Bank has raised will be utilized to diversify its product line with a particular emphasis on Bitcoin technology. Sygnum Bank Doubles Down on Expansion Plans With New Funding Round Sygnum Bank, a digital asset banking group, has announced a strategic $58 million raise in an oversubscribed growth round.

Positive
cover-imageCrypto Economy
January 14, 2025

OKX Founder Eyes 100x Growth for Bitcoin and the Crypto Ecosystem

TL;DR Star Xu, founder of OKX, announces a secret Bitcoin-focused business set to debut in February, aiming to foster innovation and accelerate mass adoption of cryptocurrencies. OKX emphasizes neutrality and quality, investing in high-quality projects through OKX Ventures and improving the utility of its platform token, OKB.

Positive
cover-imageBenzinga
January 14, 2025

A Better Way To Play Bitcoin?

MicroStrategy As A Levered Play On Bitcoin In recent years, MicroStrategy, Inc. (NASDAQ:MSTR) has emerged as a essentially a levered play on Bitcoin. Over the last year, for example, MicroStrategy was up 468%, while Bitcoin was up 105%.

Positive
cover-imageNewsBTC
January 14, 2025

Bitcoin In, ‘Toxic' Bonds Out — Michael Saylor's Advice To Businesses

Co-founder and Chairman of MicroStrategy Michael Saylor, during a recent speech at the ICR Conference in Orlando, has once again shaken up the financial world by proclaiming that companies need to ditch old-fashioned bonds in favor of Bitcoin. He made the call labeling bonds as “toxic” during his speech while asking businesses to look into Bitcoin's potential.

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