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news-imageDecember 30, 2024

Bitcoin Less Decentralized Than Ethereum: Seven Points by Community

Bitcoin (BTC), the largest cryptocurrency, fails to address its major decentralization threats: zero client diversity, poor "social layer" narrative, exodus of Bitcoin Core devs and lack of censorship-resistance. Meanwhile, Ethereum (ETH) managed to accomplished a battle-tested level of decentralization, investor and advisor Anthony Sassano says.
Publisher: UToday
Sentiment: Negative
BTC
ETH

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cover-imageThe Currency Analytics
January 2, 2025

Ethereum Targets $3,450: Recovery Momentum Continues

Ethereum (ETH) has recently regained momentum after consolidating above vital support at $3,320. With the price holding steady above critical levels, market participants are beginning to speculate whether Ethereum can break past the $3,450 resistance, opening the door for further upward movement.

Positive
cover-imageCointribune
January 2, 2025

Ethereum ETFs Draw $2.6 Billion in December 2024

In December 2024, exchange-traded funds (ETFs) based on Ether (ETH) saw net inflows exceeding $2.6 billion, marking a significant milestone for these crypto products. This performance reflects a growing interest in Ether ETFs, despite their lag behind Bitcoin ETFs, which closed the year with net inflows of over $35 billion.

Positive
cover-imageBenzinga
January 2, 2025

Robinhood Rings In New Year With $2.5 Million Bitcoin, Dogecoin Giveaway: CEO Vlad Tenev Celebrates Customer Loyalty

Robinhood Markets Inc. (NASDAQ:HOOD) launched 2025 with a strategic customer engagement initiative, distributing $2.5 million worth of Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) to existing users during New Year's Eve, attracting active users to its platform during the holiday. What Happened: The company's CEO Vlad Tenev emphasized the promotion's focus on existing customer loyalty rather than new user acquisition.

Positive
cover-imageCointribune
January 2, 2025

Bitcoin Finds Balance Around $95,000

The crypto market is showing encouraging signs as open interest in bitcoin reaches its lowest level in two months, suggesting a decrease in selling pressure. This development comes against a backdrop where BTC has been fluctuating around $95,000 since the end of December 2024.

Negative
cover-imageThe Daily Hodl
January 2, 2025

Benjamin Cowen Lays Out Potential Bitcoin Correction Scenario for Early 2025 – Here's His Outlook

A widely followed analyst is warning of a possible Bitcoin (BTC) correction in early 2025 as the flagship crypto asset enters its first post-halving year. In a new video update, crypto strategist Benjamin Cowen tells his 853,000 YouTube subscribers that Bitcoin may correct by double-digit percentage points in January based on historic precedence.

Positive
cover-imageCoinPedia
January 2, 2025

Hong Kong's Yuxing Technology Acquires 78.2 Bitcoin for $6.3M

Yuxing Technology, a publicly listed company in Hong Kong, has made significant moves in the cryptocurrency market. Between July 25 and December 31, 2024, the company purchased 78.2 Bitcoin at an average price of $80,960 per unit, totaling $6.3 million. In order to fund this purchase, Yuxing has to sell 6.

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