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news-imageJanuary 27, 2025

Crypto Market Today (Jan 27th, 2025): Bitcoin Drops Below $101k | ETH, SOL, XRP Trade In Losses

The cryptocurrency business has entered a corrective phase, mirroring the U.S. stock market hit by DeepSeek Chinese AI startup. Successively, the market cap has slipped 5.11% to $3.43 trillion in the past 24 hours. Meanwhile, trading volumes surged by 38.17% to $112.29 billion, indicating active participation amid volatility.
Publisher: CoinPedia
Sentiment: Negative
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Negative
cover-imageThe Currency Analytics
January 29, 2025

Mass Liquidations Hit Crypto Market Amid Bitcoin Crash

The cryptocurrency derivatives market has witnessed a significant liquidation event in the past 24 hours, with massive losses as Bitcoin and other major assets have plummeted in value. Data from CoinGlass reveals that a substantial amount of positions were forcibly closed due to exceeding their liquidation thresholds, leading to widespread market turmoil.

Positive
cover-imageNewsBTC
January 29, 2025

Bitcoin MPI Crossover Could Suggest Bull Run Still On

On-chain data shows the Bitcoin Miners' Position Index (MPI) has recently formed a crossover that has historically been bullish for the asset's price. Bitcoin MPI Has Seen Its 90-Day MA Cross Above The 365-Day As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin MPI momentum has recently given a bullish signal for Bitcoin.

Positive
cover-imageBitcoin
January 29, 2025

Blackrock-Backed Treasuries Arrive on XRP Ledger: Ripple Drives Institutional Adoption

Ripple is revolutionizing finance by launching tokenized U.S. Treasuries backed by Blackrock's liquidity fund on the XRP Ledger, promising seamless access, stability, and institutional-grade security. Ripple Labs Teams With Ondo Finance to Tokenize US Treasuries on XRP Ledger Ripple Labs announced on Jan. 28 a collaboration with Ondo Finance to bring tokenized U.S.

Neutral
cover-imageUToday
January 29, 2025

XRP Comeback Imminent? Crucial Signal, Ethereum (ETH) Price Hanging on for Dear Life, Stellar (XLM) in Comeback Mode

Though XRP has seen increased activity, as U.Today previously mentioned regarding XRP's 800 million transaction surge, the momentum has not yet translated into a convincing price breakout, so the question of whether a recovery will actually occur remains. XRP's price movement has been bouncing around the $3.18 mark and has had difficulty establishing a definite bullish trend.

Positive
cover-imageThe Currency Analytics
January 28, 2025

Coinbase CEO Predicts Bitcoin to Reach Multiple Millions

Brian Armstrong, has made an ambitious prediction for Bitcoin's future, suggesting that the cryptocurrency could soar into the “multiple millions” per coin. This forecast is based on the ongoing institutional adoption, the growing influence of Bitcoin exchange-traded funds (ETFs), and the potential for clearer regulatory frameworks in the United States.

Negative
cover-imageThe Daily Hodl
January 28, 2025

$6,270,000,000 Worth of Seized Bitcoin Could Be Sold By UK To Pay Off Debts: Accounting Giant

The UK could potentially sell its multi-billion dollar trove of Bitcoin (BTC) to plug holes in its finances, according to accounting giant RSM. According to blockchain “de-anonymizing” platform Arkham, the UK government holds about $6,270,000,000 worth of Bitcoin, most of it from when it seized coins belonging to convicted money launderer Jian Wen.

Positive
cover-imageBitcoin
January 28, 2025

Symbiotic Deploys Feature-Complete Restaking Protocol on Ethereum

The restaking protocol Symbiotic has launched a permissionless, feature-complete shared security protocol on Ethereum Mainnet, enabling blockchain networks to restake assets with full slashing capabilities. Shared Security Protocol With Full Slashing Goes Live on Ethereum According to the announcement shared with Bitcoin.

Neutral
cover-imageCoinPedia
January 28, 2025

$100M in Shorts Suggest Solana (SOL) May Not Cross $235: Report

Amid the ongoing market decline, Solana (SOL) is gaining attention from crypto enthusiasts due to its current price action on the daily time frame. On January 29, 2024, the blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale had moved a significant 220,308 SOL worth $52 million.

Positive
cover-imageThe Currency Analytics
January 28, 2025

Arthur Hayes Predicts Bitcoin to Drop to $70K Before Reaching $250K

Arthur Hayes, the former CEO of BitMEX, has provided an updated and bold outlook for Bitcoin's future price movements. His prediction suggests that Bitcoin will first experience a sharp decline to the $70,000–$75,000 range before ultimately rebounding to a new all-time high of $250,000 by the end of 2025.

Positive
cover-imageCryptonews
January 28, 2025

Jim Cramer Says Bitcoin Is “A Great Thing To Add To Your Portfolio”

On CNBC's Mad Money, Jim Cramer advised adding Bitcoin directly to portfolios instead of investing in MicroStrategy, a company known for its extensive Bitcoin holdings. His comments sparked social media debates, highlighting both his evolving crypto stance and the market's response. The post Jim Cramer Says Bitcoin Is “A Great Thing To Add To Your Portfolio” appeared first on Cryptonews.

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