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news-imageJanuary 22, 2025

Bitcoin Mining Profit Margins Remain Threefold Despite Record Difficulty Surge to 110.45 Trillion

Bitcoin mining difficulty has surged to a new all-time high of 110.45 trillion after eight consecutive positive adjustments.
Publisher: CoinMarketCap
Sentiment: Positive
BTC

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cover-imageThe Daily Hodl
January 22, 2025

‘A Race of Sovereigns' Will Serve As Next Catalyst for Higher Bitcoin Prices, Says Analyst Willy Woo

On-chain analyst Willy Woo thinks “a race of sovereigns” will catalyze higher Bitcoin (BTC) prices. In a new interview with Natalie Brunell, Woo says MicroStrategy kicked off the corporate BTC treasury trend in the previous cycle. He predicts the current cycle will see other sovereign wealth funds follow El Salvador and Bhutan's lead.

Positive
cover-imageThe Currency Analytics
January 22, 2025

Donald Trump Marks 47th Presidency with $47 Million Bitcoin Investment

The inauguration of Donald Trump as the 47th President of the United States has become a pivotal moment for the cryptocurrency community. As anticipation grew leading up to the event, rumors circulated that Trump's World Liberty organization had made significant investments in Bitcoin (BTC) and Ethereum (ETH).

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cover-imageNewsBTC
January 22, 2025

MicroStrategy Expands Its Bitcoin Empire: Acquires 11,000 BTC For $1.1 Billion

On Tuesday, tech giant MicroStrategy purchased an additional 11,000 Bitcoin (BTC) for approximately $1.1 billion, as disclosed by its chair and co-founder Michael Saylor in a social media post on X (formerly Twitter). This acquisition marks the company's 11th consecutive week of Bitcoin purchases, reinforcing its status as a significant player in the digital currency space.

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cover-imageCrypto Daily
January 22, 2025

Crypto Price Analysis 1-22: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGWIFHAT: WIF, HEDERA: HBAR, STELLAR: XLM

Bitcoin (BTC) has gained nearly 3% over the past 24 hours, approaching its all-time high at one point as the Trump administration completed its first day in office. Markets were choppy but stabilized after the United States Securities and Exchange Commission unveiled plans to overhaul rules and regulations for the sector.

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cover-imageCrypto news
January 22, 2025

BlackRock's IBIT boosts Bitcoin holdings with 6,470 BTC

BlackRock's spot Bitcoin ETF recently added 6,470 BTC to its holdings after the cryptocurrency dips slightly from its recent all-time high at $109k. On Jan. 21, data from BitcoinTreasuries shows iShares Bitcoin Trust holdings increased by 6,470 BTC (worth $682.

Positive
cover-imageThe Currency Analytics
January 22, 2025

El Salvador Adds More Bitcoin to Its Reserves Amid Market Surge

El Salvador has increased its Bitcoin holdings once again, adding 12 BTC to its reserves in two separate transactions during January 2025. This move reinforces the country's steadfast commitment to its Bitcoin strategy, even amid challenges and scrutiny from international institutions.

Positive
cover-imageBenzinga
January 22, 2025

Michael Saylor's Proposal To Increase MicroStratagy's Share Count Approved By Shareholders — More Bitcoin Purchases On The Cards?

MicroStrategy Inc. (NASDAQ:MSTR) shareholders on Tuesday approved a proposal to increase the company's authorized Class A shares by 30 times to support future Bitcoin (CRYPTO: BTC) acquisitions. What happened: About 56% of votes were cast in favor of increasing the shares from the current 330 million to 10.33 billion, Bloomberg reported, citing the meeting's recording.

Positive
cover-imageBenzinga
January 22, 2025

Bitcoin Miners Helped Texas Avoid $18 Billion Energy Costs: Report

Bitcoin (CRYPTO: BTC) mining reportedly helped Texas avoid $18 billion in energy costs by eliminating the need for new gas peaker plants. What Happened: The findings were made in a Monday report by the Digital Assets Research Institute, which credited the efforts of Electric Reliability Council of Texas CEO Brad Jones in identifying Bitcoin mining as a better alternative to stabilize the Texas electrical grid instead of the costly and polluting gas peaker plants.

Positive
cover-imageThe Currency Analytics
January 22, 2025

Utah Introduces Bitcoin Reserve Bill: A Step Toward Digital Asset Adoption

The state of Utah has taken a groundbreaking step toward embracing digital currencies by introducing a ‘Strategic Bitcoin Reserve' bill. Spearheaded by Senator Jordan Teuscher, Utah becomes the 11th U.S. state to propose such a reserve, signaling a growing trend among states to incorporate Bitcoin into their financial strategies.

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