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news-imageJanuary 21, 2025

Bitcoin slips, Trump token plunges over 20% as bullish crypto sentiment cools

TRUMP, a token representing the new U.S. leader, plunged as much as 22% in 24 hours.
Publisher: CNBC
Sentiment: Negative
BTC

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cover-imageBitcoin
January 21, 2025

Matrixport: Short-Term Upside for Bitcoin if Critical Support Levels Hold

Bitcoin's price action is currently retesting a key support level with several macro-factors in play that could contribute to another strong bullish rally. Possible Breakout for Bitcoin Based on Current Support Level Matrixport's recent bitcoin report highlighted the possibility of a bitcoin price breakout after retesting a critical support level.

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cover-imageBitcoinist
January 21, 2025

11 Bitcoin Added: El Salvador Ignores IMF, Bolsters Crypto Holdings

In a dramatic gesture that reinforces its stance on Bitcoin, El Salvador has bought 11 BTC for its national reserves, which now amount to 6,044 units. Related Reading: Gold Out, Bitcoin In: 52% Of Americans Choose Crypto Over Traditional Assets—Survey The move follows an agreement with the International Monetary Fund (IMF) for $1.

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cover-imageBitcoin Magazine
January 21, 2025

David Bailey Forecasts $1M Bitcoin Price During Trump Presidency

David Bailey, CEO of BTC Inc., shares bold predictions for Bitcoin's future, including its potential to reach $1 million during the Trump presidency. This article delves into the political, economic, and technological forces shaping Bitcoin's role as a global reserve asset and highlights key strategies for investors to align with its transformative potential.

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cover-imageBenzinga
January 21, 2025

Bitcoin, Ethereum, XRP, Dogecoin Rally On Post-Inauguration Tuesday

Tuesday's surge in cryptocurrency markets coincides with a wave of ETF filings submitted to the SEC within 24 hours of the Donald Trump administration taking office. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $107,106.40 +3.3% Ethereum (CRYPTO: ETH) $3,335.10 +0.1% Solana (CRYPTO: SOL) $252.85 +2.7% XRP (CRYPTO: XRP) $3.19 +2.2% Dogecoin (CRYPTO: DOGE) $0.3841 +7.2% Shiba Inu (CRYPTO: SHIB) $0.00002102 +2.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 35.8% and daily active addresses up by 7.3%.

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cover-imageYahoo Finance
January 21, 2025

Bitcoin slips after Trump speech leaves crypto in limbo

Bitcoin (BTC-USD) is facing some pressure after President Donald Trump's inaugural speech did not mention the crypto space, disappointing investors hoping for crypto-friendly executive orders. However, Yahoo Finance senior reporter Alexandra Canal points out on Catalysts that despite the dip, bitcoin still remains above $100,000.

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cover-imageCoinPedia
January 21, 2025

KULR Buys $8M More Bitcoin, Now Holds 510 BTC

Following the legacy of Microstrategy of holding Bitcoin, KULR Technology, a company specializing in advanced energy-management systems, has made another big bet on Bitcoin. Interestingly the company has spent a whopping amount of $8 million to buy more of the cryptocurrency, bringing its total holdings to 510 BTC.

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cover-imageBenzinga
January 21, 2025

Coinbase CEO Brian Armstrong Says Bitcoin's Future Is Bright: 'The Dawn Of A New Day For Crypto'

Speaking at the World Economic Forum in Davos 2025, Coinbase (NASDAQ:COIN) CEO Brian Armstrong placed Bitcoin (CRYPTO: BTC) on a higher pedestal than gold as a store of value for governments. What Happened: In an interview with CNBC, Armstrong reflected on spending two days in Washington during Donald Trump's inauguration, describing the event as the "dawn of a new day for crypto.

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cover-imageBenzinga
January 21, 2025

MicroStrategy Buys 11,000 Bitcoin, Total Holdings Reach 461,000 BTC

Business analytics firm MicroStrategy Inc. (NASDAQ:MSTR) on Tuesday announced it has expanded its Bitcoin (CRYPTO: BTC) holdings by purchasing an additional 11,000 BTC for approximately $1.1 billion, averaging $101,191 per coin. This acquisition brings the company's total Bitcoin assets to 461,000 BTC, acquired at an aggregate cost of $29.3 billion, with an average purchase price of $63,610 per Bitcoin.

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