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news-imageJanuary 5, 2025

Bitcoin Transactions Soar After Two Years Of Decline

Bitcoin reached a historic milestone in 2024. In just one year, $19 trillion flowed through its network, an absolute record that marks the end of two years of declining transaction volumes.
Publisher: Cointribune
Sentiment: Positive
BTC

More News Articles

Positive
cover-imageCoinPedia
January 7, 2025

Crypto Price Today (Jan 07th, 2025): Bitcoin Price Climbs Above $100k | WLD, RNDR, BTT Surge Big!

The crypto market today has started its Asian trading hours on an optimistic note, with the total market cap increasing by 1.06% in 24 hours to $3.58 trillion. Everyday business saw a significant spike of 39.66% to $127.33 billion. Successively, the Fear & Greed Index currently sits at 66, indicating growing “Greed” among investors.

Neutral
cover-imageCryptopolitan
January 7, 2025

US Bitcoin miners stockpile BTC as resource battles heat up

Bitcoin miners across the United States are reportedly hoarding the apex crypto in what looks like an all-out arms race to survive rising costs and tougher competition. Giants like Mara Holdings, Riot Platforms, and CleanSpark are leading the charge, raising $3.7 billion since November.

Neutral
cover-imageNewsBTC
January 7, 2025

Trump-Fuelled Bitcoin Rally May Fade Ahead Of January FOMC Meeting: Report

A recent report by digital assets research firm 10x Research highlights that the US Federal Reserve's (Fed) stance on interest rate cuts remains the most significant hurdle that could dampen the current Bitcoin (BTC) rally. Bitcoin's Trump-Fuelled Rally At Risk Ahead Of FOMC Meeting Since pro-crypto Republican candidate Donald Trump secured victory in the November presidential election, Bitcoin has climbed an impressive 47%, rising from approximately $67,500 on November 4 to around $99,700 as of January 6.

Positive
cover-imageBenzinga
January 7, 2025

Looking For Bitcoin Exposure With Downside Protection? There's Now An ETF For That

Investment management firm Calamos was gearing up to launch the world's first 100% downside-protected Bitcoin (CRYPTO: BTC) exchange-traded fund, according to a Monday press release. What Happened: The ETF will employ a mix of Treasury securities and options on the CBOE Bitcoin U.S. ETF Index, an investment avenue that tracks the price returns from U.S.-listed spot Bitcoin ETFs, Calamos said.

Positive
cover-imageThe Currency Analytics
January 7, 2025

Swiss Government Considers Adding Bitcoin to National Reserves

Switzerland, a country already known for its progressive stance on cryptocurrencies, is considering a bold move to incorporate Bitcoin into its national reserves, alongside traditional assets like gold. This proposal has drives discussions across the country, with crypto advocates pushing for a constitutional amendment to allow the Swiss National Bank (SNB) to hold Bitcoin as part of its reserve assets.

Positive
cover-imageInvezz
January 7, 2025

Crypto market bullish on Tuesday: BTC surges above $101k, volumes up 100%

Crypto prices surged today, with Bitcoin crossing the $100K threshold after two weeks of bearish sentiment. The global crypto market capitalisation increased by approximately 1.5%, reaching $3.58 trillion. The total crypto market volume over the last 24 hours is $129.06 billion, reflecting a 44.60% increase. The total volume in DeFi stands at $9.

Positive
cover-imageNewsBTC
January 7, 2025

MicroStrategy Strikes Again: $100 Million Bitcoin Purchase Signals Strong Market Confidence

MicroStrategy, the major enterprise software company that has evolved into a Bitcoin (BTC) investment platform, has captured attention once again with its latest purchase of $101 million in BTC. The company, led by chairman and co-founder Michael Saylor, has committed to utilizing perpetual preferred stock, common shares, and debt to fuel its ongoing Bitcoin purchasing strategy.

Positive
cover-imageThe Currency Analytics
January 7, 2025

Bitwise CEO Warns of Dramatic Bitcoin Scarcity Ahead

Bitcoin continues to gain traction in mainstream financial markets, Bitwise CEO Hunter Horsley warns that the scarcity of the cryptocurrency will soon feel more dramatic. Horsley's statement draws attention to the growing tension between Bitcoin's limited supply and the increasing demand for it, especially as global wealth distribution makes the idea of owning a full Bitcoin more elusive.

Negative
cover-imageCryptoSlate
January 7, 2025

Gemini settles CFTC Bitcoin futures case for $5 million

Gemini co-founders Tyler and Cameron Winklevoss agreed to pay a $5 million fine to resolve the Commodity Futures Trading Commission (CFTC) allegations that it misled regulators during its bid to launch the first US-regulated Bitcoin (BTC) futures contract. As Bloomberg News reported, the settlement averts a trial that was set to begin on Jan.

Neutral
cover-imageThe Currency Analytics
January 7, 2025

Rare 2009 Bitcoin Movements: Echoes of Bitcoin's Genesis in 2024

Bitcoin enthusiasts were startled to witness the movement of five ancient block rewards from 2009, collectively worth 250 BTC. These transactions, spanning between block heights 862,079 and 862,087, were worth an estimated $15.75 million at the time, based on Bitcoin's market price of approximately $63,000 per coin.

Positive
cover-imageNewsBTC
January 7, 2025

Bitcoin Target Locked: Metaplanet Eyes 10,000 BTC This Year

Metaplanet ushers in the new year with a bullish sentiment on Bitcoin and blockchain technology. After announcing late last year that it had purchased ¥1 billion worth of Bitcoins, the Japanese company is making headlines again by announcing its plans to increase its holdings to 10,000 Bitcoins.

Positive
cover-imageCryptoSlate
January 6, 2025

Nasdaq proposes raising IBIT options contract limit for traders

Nasdaq filed to raise the current options contract limit of the iShares Bitcoin Trust ETF (IBIT) from 25,000 to 250,000 contracts, representing an exercisable risk of 2.89%, according to a Jan. 6 SEC filing. According to the filing, the current limit represents only 0.4% of exercisable risk for the spot Bitcoin (BTC) exchange-traded fund (ETF).

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