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news-imageDecember 30, 2024

Bitcoin Skyrockets Over $3,000 in Hours Defying Bearish Predictions

Bitcoin, the largest cryptocurrency by market cap, rebounded sharply, gaining over $3,000 within hours and challenging bearish predictions. The sudden recovery has renewed optimism, with industry leaders forecasting substantial growth for 2025 despite ongoing market volatility.
Publisher: Tokenpost
Sentiment: Positive
BTC

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Positive
cover-imageBenzinga
January 2, 2025

Bitcoin, Ethereum, XRP Dogecoin Rip Higher, Trader Eyes $104,000 If This Resistance Level Breaks

Cryptocurrency markets are trading higher on Thursday as positive market sentiment rings in the new year. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,554.72 +3.2% Ethereum (CRYPTO: ETH) $3,463.77 +3.3% Solana (CRYPTO: SOL) $207.01 +7% XRP (CRYPTO: XRP) $2.39 +3.8% Dogecoin (CRYPTO: DOGE) $0.3392 +4.5% Shiba Inu (CRYPTO: SHIB) $0.00002282 +5.7% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 35.4% and daily active addresses falling by 0.06%.

Positive
cover-imageThe Currency Analytics
January 2, 2025

Bitcoin Hashrate Breaks Records with 808 EH/s on New Year's Eve: A New Milestone in Mining

Bitcoin has ushered in 2025 with an explosive start, setting a new milestone in its mining history. On New Year's Eve, the cryptocurrency's network achieved an extraordinary computational power peak of 808 exahash per second (EH/s), shattering previous records and setting the stage for what promises to be another groundbreaking year for Bitcoin.

Positive
cover-imageBitcoin
January 2, 2025

2025 Kicks Off With Big Wins on Wall Street for Bitcoin Miners

It was an eventful year for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the $100,000 threshold. Kicking off 2025, three publicly traded mining companies posted double-digit gains, while others also delivered solid performances. Bitcoin Miners Ride High: Top Seven Firms by Market Cap Post Gains Currently, bitcoinminingstock.

Positive
cover-imageCoinPedia
January 2, 2025

Why is Bitcoin Price Going Up Today?

The market has been showing signs of strength, especially with the recent break rally. This suggests that the bearish trend might be losing momentum, increasing the probability of an upward breakout. Altcoins are also looking promising, with several coins potentially completing their corrections and gearing up for the next upward movement in Q1.

Positive
cover-imageUToday
January 2, 2025

BlackRock's Bitcoin ETF Makes Top 3 Global ETF List

In a ranking of the top 20 exchange-traded funds (ETFs) in 2024, BlackRock's spot Bitcoin ETF, IBIT, came in third. In a post shared by Eric Balchunas, Bloomberg's senior ETF analyst on X, IBIT made the top three cut with a total flow of $37 billion.

Positive
cover-imageThe Currency Analytics
January 2, 2025

Bitcoin Could Reach $250,000, Says CoinShares Head of Research

James Butterfill, the Head of Research at digital asset manager CoinShares, has made an intriguing prediction about the future price of Bitcoin (BTC). In a recent interview with CNBC, Butterfill suggested that Bitcoin could eventually reach $250,000—a more than 166% increase from its current price.

Positive
cover-imageBenzinga
January 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.

Neutral
cover-imageUToday
January 2, 2025

Adam Back Confirms He Did Not Own Any Bitcoin (BTC) Before 2013

Adam Back, a big figure in the world of cryptography and blockchain, recently shared something interesting: He did not own any Bitcoin (BTC) until 2013. Famous for inventing Hashcash in 1997, a proof-of-work algorithm designed to combat spam and denial-of-service attacks, Back's influence extends deeply into the development of modern blockchain systems.

Positive
cover-imageCrypto Daily
January 2, 2025

Bitcoin ($BTC) Price Surges: $100,000 or Crash?

When everyone thought that Bitcoin was going to take another dip, the opposite happened, as Bitcoin continues its recovery from $91,000. Can the bulls send the $BTC price past $100,000, or will we see a return to the ascending trendline that stretches all the way from 2021?

Positive
cover-imageThe Currency Analytics
January 2, 2025

Could the U.S. Government Buy 500,000 Bitcoin? Here's What Experts Are Saying

Anthony Scaramucci, the founder of Sky Bridge Capital, made waves by discussing the possibility of the U.S. government purchasing a massive amount of Bitcoin as part of a “strategic Bitcoin reserve.” This idea, while still speculative, is gaining traction in some political circles, and experts are now asking: could the U.S. really buy 500,000 Bitcoin?

Positive
cover-imageBitcoinist
January 2, 2025

Bitcoin In Swiss Reserves? Proposal Filed By Swiss Chancellery

A group cryptocurrency advocates in Switzerland has urged the government to consider the addition of Bitcoin in the national reserve. The Swiss Federal Chancellery initiated the process to gain the required number of signatures to push for the amendment of the country's constitution to allow the Swiss National Bank to build Bitcoin holdings.

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