As 2024 draws to a close, European crypto investment firm CoinShares has released market predictions for the new year. In its report, CoinShares has identified the key trends that could dominate the crypto industry in 2025.
Data shows that the sentiment of Bitcoin has cooled off from extreme greed as bearish price action continues for BTC and other cryptocurrencies.
Bitcoin (BTC) recaptured the vital $100,000 threshold on Wednesday, following weeks of consolidation below it. This rebound has been attributed to rising confidence in the digital currency sector's future regulatory environment under President-elect Donald Trump.
XRP, the native cryptocurrency of Ripple, has recently experienced its first major pullback since November. After reaching an 8-month high of $2.90 in early December, the cryptocurrency saw a sharp decline, dropping to as low as $1.90.
Spot Bitcoin exchange-traded funds in the United States recorded their tenth consecutive day of inflows on Dec. 11, with $223.03 million entering the funds as Bitcoin climbed back above the $100,000 mark.
CoinShares has predicted a significant rise in Bitcoin yield-focused solutions for 2025, highlighting a shift in how companies utilize cryptocurrency.
The U.S. Securities and Exchange Commission (SEC) has moved NYSE Arca's request to list the Bitwise Bitcoin and Ethereum ETF to the next stage by seeking feedback from the industry.
With the U.S. CPI data meeting expectations, the crypto market has experienced a strong bullish recovery. This further led to the BTC price bouncing back above the $100,000 level.
Bitcoin has once again surged past the $100,000 mark, trading at around $100,500 following the release of U.S. Consumer Price Index (CPI) data for November.
Following a recent mayoral proposal, Vancouver's city council has approved a motion to explore integrating Bitcoin (BTC) into the city's financial strategy.
The crypto market today has been super optimistic with the market capitalization of the industry soaring by 5.25% to $3.64 trillion. This move was catalyzed by Bitcoin reclaiming the $100k mark on its daily chart. Despite the greenish numbers, the trading volume took a hit of 24.07%, settling down at $216.31 billion.
As expected, whales went on an accumulation spree in the past few days.
Earlier, there were rumours that the New York Department of Financial Services was seriously considering Ripple's request to launch the company's stablecoin, RLUSD. Marking an end to speculations, yesterday, Brad Garlinghouse, the CEO of Ripple Labs, confirmed that the company received approval from the NYDFS to launch RLUSD.
The concerns were in response to Michael Saylor's suggestion that the U.S. should quadruple its planned strategic reserve and exert influence over the Bitcoin network. Saylor Calls for U.S.
Bitcoin (BTC) has been experiencing a notable shift in market dynamics, raising questions about its future price movements. Long-term holders, who have traditionally been key players in Bitcoin's market stability, are now starting to sell their holdings.
The transfer of Bitcoin by Mt. Gox may signal upcoming creditor repayments, impacting market liquidity and investor sentiment.
The global crypto market rose 4% on Thursday after Bitcoin regained $100K, driven by positive CPI data and expectations of less aggressive monetary policy. The post Crypto Market Gains 4% in 24 Hours as Bitcoin Holds Firm Above $100K appeared first on Cryptonews.
Tron [TRX] recently hit a new ATH after a strong rally. Will it sustain momentum, or is a correction likely?
The Bitcoin (BTC) market has undergone a remarkable recovery this year, largely due to the increased popularity of Bitcoin ETFs. BTC reached an all-time high of $73,000 in the first quarter of the year, sparking a bullish trend that continues today, with a recent high of $104,000.
Bitcoin (BTC) fell to $94,500 yesterday after Microsoft shareholders decisively rejected a Bitcoin treasury proposal to allocate 1% of the company's total assets to buy BTC as an inflation hedge. However, analysts are still confident of further appreciation of the BTC price.
ASIC's digital asset lead compared Bitcoin to cigarettes while responding to questions on proposed Australian crypto regulation.
Thomas Peterffy, the billionaire founder of Interactive Brokers Group, recommended that investors have 2-3% of the net assets in Bitcoin. He said his firm only allowed its clientele to put up to 10% of their total assets into crypto.
Ripple is excited about the success of RLUSD as they recently received NYDS approval, which is a big step forward. This approval gives RLUSD a high regulatory standard, and the transparency offered by audits will be appealing to users.
Prediction markets were skeptical that such a motion would pass.
Interactive Brokers Chair Thomas Peterffy recommends allocating 2-3% of net worth to Bitcoin but warns against exceeding 10%, calling it "very dangerous." The post Interactive Brokers Chair Warns Against Bitcoin Allocation Over 10% appeared first on Cryptonews.
Elon Musk has once again shattered records, becoming the first person ever to reach a net worth exceeding $400 billion. This achievement marks a historic milestone, driven by surging valuations of his companies, particularly Tesla and SpaceX, along with the remarkable performance of his crypto investments as the Bitcoin price surged past the $100k milestone.
The approved motion proposed that the city turn a portion of its financial reserves into bitcoin and accept taxes in bitcoin.
Bitcoin's price surpasses $100,000, marking a significant milestone in its evolution, driven by robust network growth, institutional adoption, and increased market capitalization.
The on-chain analytics firm Santiment has revealed that Dogecoin and XRP are flashing bullish signals in an often overlooked metric. Dogecoin, XRP, & Bitcoin Recently Saw A Decline In Mean Dollar Invested Age In a new post on X, Santiment has discussed the latest trend in the Mean Dollar Invested Age indicator for a few of the top coins in the cryptocurrency sector.
Whale investors seized the opportunity to buy 100 million XRP after it briefly dropped below $2.
Tron (TRX) has become a prominent player in the world of decentralized finance (DeFi) and blockchain technology. Currently priced at $0.28, Tron has seen substantial growth over the years, but what lies ahead for this popular crypto token.
XRP price started a strong increase above the $2.25 resistance zone. The price is up over 10% and might aim for a move above the $2.50 resistance zone.
Bitcoin is currently trading in a mid-range, with long-term holders continuing to take profits.
Democrat Caroline Crenshaw's nomination for another term as a commissioner at the Securities and Exchange Commission has faced new setbacks.
The crypto prices today showed bullish momentum, with Bitcoin trading above $100K. Major altcoins like Ethereum rose by 6%, while XRP and Solana gained 5% to 6%.
The Vancouver City Council has greenlit a study to integrate Bitcoin despite regulatory constraints and environmental concerns.
At least four of IcomTech's operators are now behind bars after receiving prison sentences of up to 10 years this year.
Ripple's XRP is currently up by more than four percent and is trading at the $2.40 levels. The current chart for XRP remains largely unchanged and the primary outlook suggests that XRP could be in the later stages of a bullish structure.
While Bitcoin (BTC) has previously shown significant momentum in this market cycle, recent insights suggest that liquidity sources beyond Coinbase may be driving the trend. A CryptoQuant analyst, Mignolet, specifically provided a detailed analysis of Bitcoin's market, shedding light on the role of major exchanges like Coinbase and Binance in the ongoing bull cycle.
Can XRP's on-chain demand and sell pressure stats offer insights into its price movements? A look at its next potential major support.
In a series of public statements, Dennis Porter, CEO and founder of the non-profit advocacy organization Satoshi Act Fund, has raised expectations for what he describes as a landmark announcement related to Bitcoin.
Russian scientists say they have made another breakthrough in the fight against Bitcoin (BTC) and Ethereum (ETH)-powered crime. The post Russian Scientists Say They've Developed a Solution to ‘Fight BTC, ETH-powered Crime' appeared first on Cryptonews.
Vancouver Bitcoin proposal has now been approved to explore the potential benefits of incorporating Bitcoin into the city's financial operations.
Vancouver's exploration of Bitcoin as a reserve asset could influence global municipal financial strategies and crypto adoption debates. The post Vancouver approves motion to explore Bitcoin as a reserve asset appeared first on Crypto Briefing.
Bitcoin price remained supported above the $95,500 zone. BTC is up over 5% and is now trading above the $100,00 resistance zone.
Last week, Bitcoin.com News dropped an editorial that spilled the beans on all the governments clutching bitcoin, whether they snagged it through criminal busts or by mining or buying it.
Bitcoin Hits $100k as SEC Drama Unfolds: ETF Inflows and Regulatory Tensions Set Stage for Crypto Market Volatility.