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news-imageJanuary 11, 2025

Bitcoin Price Dips to $92K: Speculators Panic Sell, But Is It Time to Buy the Dip

Bitcoin (BTC) has experienced a notable dip in price, dropping to around $92,000. This decline comes amidst rising market volatility, with short-term holders (STHs) reacting to the downturn by selling their positions at a loss.
Publisher: The Currency Analytics
Sentiment: Negative
BTC

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Negative
cover-imageCrypto Economy
January 11, 2025

Is Mining Bitcoin from Home Still Profitable?

TL;DR With the growth of the network and technological evolution, the profitability of mining Bitcoin from home is being questioned more than ever. The high initial expenses for specialized equipment and the high energy consumption, along with the growing difficulty in mining, have reduced profits for small miners.

Positive
cover-imageCoinPedia
January 11, 2025

Will Meta Embrace Bitcoin? Shareholder Pushes for Bold Treasury Move

A new proposal urges Meta to consider Bitcoin a strategic treasury asset. The proposal is submitted by Ethan Peck, a National Center for Public Policy Research shareholder, highlighting Bitcoin's potential to outpace inflation and safeguard corporate finances. This move reflects growing advocacy for Bitcoin adoption among major corporations.

Negative
cover-imageThe Currency Analytics
January 11, 2025

Will Markets Keep Falling When $1.8B Bitcoin Options Expire Today

The expiry of approximately 19,300 Bitcoin options contracts, totaling a notional value of around $1.8 billion. As crypto markets have been retreating throughout the week, the question on every trader's mind is whether this expiration will push markets even lower or trigger a potential reversal.

Positive
cover-imageTokenpost
January 11, 2025

Heritage Distilling Joins Corporate Trend of Bitcoin Adoption

Heritage Distilling, a publicly traded spirits company, announced plans to adopt Bitcoin as a strategic asset and payment method, signaling the growing trend of businesses integrating cryptocurrency into their operations. The Gig Harbor, Washington-based firm, which trades on Nasdaq under the ticker CASK, said on Friday it intends to hold Bitcoin and accept it for payments.

Positive
cover-imageBitcoin
January 11, 2025

Santander: El Salvador's Bitcoin Adoption Fuels Tourism Boom

El Salvador's tourism soared in 2024, with bitcoin adoption and safety reforms transforming the nation into a global powerhouse, driving unprecedented economic and tourism growth. Bitcoin-Led Tourism Boom Positions El Salvador as a Global Model Santander US Capital Markets LLC, a division of the global financial giant Banco Santander, published a report on Jan.

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