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news-imageNovember 2, 2024

Crypto Market Struggles: Bitcoin and Celestia Face Key Support Levels Amid Uncertainty

The cryptocurrency market is experiencing a noticeable dip. Investors are feeling a bit uneasy as the total market cap struggles to break past the $2.40 trillion mark.
Publisher: The Currency Analytics
Sentiment: Negative
BTC
TIA

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Neutral
cover-imageTokenpost
January 18, 2025

Bitcoin Price Surge Fails to Spark Venture Capital Growth in Blockchain Sector

Despite Bitcoins (BTC) bull run in 2024, blockchain venture capital (VC) investments did not see a proportional increase, signaling a shift in institutional investment strategies for the cryptocurrency and blockchain startup ecosystem. According to a CoinTelegraph report on January 18, a January 16 study by Insights For VC revealed a weakening correlation between Bitcoin prices and VC funding since 2023.

Positive
cover-imageTokenpost
January 18, 2025

U.S. Bitcoin Reserve Likelihood Soars as Focus Turns to Trump's Crypto Policies

The probability of President-elect Donald Trump establishing a strategic Bitcoin (BTC) reserve after his inauguration has surged to 70% in betting markets, fueling anticipation within the cryptocurrency industry. According to CoinTelegraph on January 8, prediction markets like Kalshi, a U.S. derivatives exchange, and Polymarket, a crypto-based prediction platform, estimate a 70% and 42% likelihood, respectively, that Trump will establish a Bitcoin reserve by 2026.

Positive
cover-imageNewsBTC
January 18, 2025

Crypto Liquidations Cross $300 Million As Bitcoin Reclaims $102,000

Data shows the cryptocurrency derivatives sector has seen a large amount of liquidations in the past day as Bitcoin and others have enjoyed a rally. Both Crypto Long & Short Liquidations Have Been High Today According to data from CoinGlass, a significant amount of liquidations have piled up on the derivatives side of the cryptocurrency sector following the market volatility.

Positive
cover-imageBitcoin
January 18, 2025

Microstrategy to Issue Additional Shares to Fund Bitcoin Purchase

Microstrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock from 330 million shares to 10.30 billion shares to facilitate the company's extensive bitcoin acquisitions, according to Bloomberg.

Positive
cover-imageThe Currency Analytics
January 18, 2025

Bitcoin Poised to Reach $175,000, Fundstrat Exec Predicts Unprecedented Surge

Bitcoin (BTC) could potentially hit a staggering $175,000 in value by the end of 2025, according to Sean Farrell, the head of digital asset strategy at Fundstrat. His forecast comes shortly after Fundstrat co-founder Tom Lee made headlines with his optimistic outlook, stating that Bitcoin is set to be the top-performing asset this year.

Neutral
cover-imageThe Currency Analytics
January 18, 2025

Bitcoin Spot ETF Inflows and Market Decoupling: Short-Term Outlook

Bitcoin Spot ETFs experienced a significant surge in inflows, but recent market behavior raises questions about the sustainability of this momentum. The cryptocurrency's rally this week happened despite a lack of positive flows from Bitcoin Spot ETFs, suggesting that the market may be decoupling from the usual correlation between Bitcoin's price action and ETF movements.

Positive
cover-imageCryptonews
January 17, 2025

Wyoming and Massachusetts Propose Strategic Bitcoin Reserve Legislation

Wyoming and Massachusetts propose strategic Bitcoin reserve bills, blending fiscal stability with innovation. The initiatives aim to utilize Bitcoin's potential for mitigating inflation risks while bolstering financial security, setting a precedent for other states exploring digital assets in public finance. The post Wyoming and Massachusetts Propose Strategic Bitcoin Reserve Legislation appeared first on Cryptonews.

Positive
cover-imageBenzinga
January 17, 2025

Wall Street Rallies As Inflation Fears Recede, Banks Smash Earnings, Bitcoin Reclaims $100,000: This Week In The Markets

A benign December inflation report was all it took to ignite another strong rally on Wall Street, with major indices delivering their best weekly performance since the post-election surge in early November. Heading into the week, markets were gripped by concerns over inflation and interest rates, pricing in just one rate cut by year-end while the 30-year Treasury yield hovered around 5%.

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