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news-imageJanuary 2, 2025

Crypto Price Analysis 01-02- BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, INJECTIVE: INJ, UNISWAP: UNI

Bitcoin (BTC) has steadied itself above $95,000 after suffering a year-end rout that drove the cryptocurrency to a low of $91,479 on December 30, before recovering to reclaim $95,000 and move to its current level of $95,413. BTC is up just over 2% over the past 24 hours.
Publisher: Crypto Daily
Sentiment: Neutral
BTC
DOGE

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Negative
cover-imageNewsBTC
February 5, 2025

Ethereum Leverage Elevated Despite Long Squeeze, Glassnode Says

The on-chain analytics firm Glassnode has revealed how the Ethereum futures market is still overheated despite the long squeeze that just occurred. Ethereum Open Interest Still Notably Above The Yearly Average In a new post on X, Glassnode has discussed about how the Ethereum futures market has changed during the past day.

Positive
cover-imageBitcoinist
February 5, 2025

Barstool's Dave Portnoy Buys The XRP Dip: Drops $1 Million Bet

Barstool Sports founder and social media personality Dave Portnoy has doubled down on his crypto investments, revealing during a livestream on February 3 that he purchased an additional $1 million worth of XRP. Why XRP? Portnoy, known for his unapologetic approach to trading and gambling, made the announcement as he discussed Monday's market's downturn.

Negative
cover-imageInvezz
February 5, 2025

Crypto prices on Feb 5: BTC slips below $98k, MELANIA top gainer

The cryptocurrency market witnessed renewed volatility on Wednesday, following a recent recovery phase. Cryptocurrency prices slid across the board, with the global crypto market cap going down 1.52% to $3.21 trillion. Bitcoin (BTC) retraced to the $98,000 level, while popular altcoins like Solana (SOL) and XRP experienced downward momentum.

Positive
cover-imageCoinPedia
February 5, 2025

Bitcoin ETFs See Explosive Growth as Institutional Investors Pour In

Bitcoin's climb past $100,000 was short-lived as U.S.-China trade tensions resurfaced, triggering market uncertainty. While prices briefly rebounded after President Donald Trump announced a 30-day delay on new tariffs, some analysts warn that Bitcoin could still face a correction below $90,000 if geopolitical risks intensify.

Positive
cover-imageThe Currency Analytics
February 5, 2025

Owning 0.1 Bitcoin Could Secure Generational Wealth, Says Financial Analyst

Financial analyst Rajat Soni has emphasized the value of owning even a fraction of Bitcoin, such as 0.1 BTC, as a potential means of securing long-term financial stability and generational wealth. Given Bitcoin's limited supply of just 21 million coins, owning a portion of this scarce asset could provide significant future value as the digital currency continues to rise in importance and value.

Neutral
cover-imageCoinPedia
February 5, 2025

XRP Price Prediction For February 5

The XRP market continues to be trapped within an overall larger sideways range. Recently, the market experienced a sharp decline, but the price only dropped from the top of the range at $3.40 down to the $1.96 level, which has acted as a key structural support. The $1.

Neutral
cover-imageThe Currency Analytics
February 5, 2025

WLFI Transfers $300M in ETH & WBTC to Coinbase

World Liberty Financial (WLFI), a family-run firm associated with Eric Trump, has recently made headlines by transferring significant amounts of digital assets, including Ethereum (ETH) and wrapped Bitcoin (WBTC), to Coinbase Prime. The transaction has raised eyebrows, as it involves over $300 million worth of cryptocurrencies.

Neutral
cover-imageTokenpost
February 5, 2025

Ethereum ETFs Hit Record Trading Volume Amid Market Turmoil

U.S. spot Ethereum exchange-traded funds (ETFs) surged to a record $1.5 billion in trading volume on Feb. 3, a 23% increase from the previous high of $1.22 billion on Dec. 19, 2022. This spike came as the crypto market reacted to President Trumps new trade tariffs, which sent Ethereum plunging nearly 36% to $2,100 before rebounding to $2,819.

Positive
cover-imageTokenpost
February 5, 2025

Neptune Digital Assets Buys 1M Dogecoin as Institutional Interest Grows

Neptune Digital Assets Corp., a Canadian blockchain firm, has expanded its crypto holdings by purchasing 1 million Dogecoin (DOGE) at an average price of $0.37 per token. The acquisition, valued at approximately $270,000, was completed on December 27, 2024, as part of Neptunes strategy to diversify its portfolio and manage leverage risk.

Positive
cover-imageTokenpost
February 5, 2025

Taproot Wizards Raises $30M to Expand Bitcoin's OP_CAT Ecosystem

Bitcoin Ordinals project Taproot Wizards has secured $30 million in a funding round led by Standard Crypto, with participation from Cyberfund, Collider Ventures, and others. This follows a previous $7.5 million investment and aims to enhance Bitcoins smart contract capabilities through OP_CAT, an opcode feature enabling automated and customizable Bitcoin transactions.

Positive
cover-imageTokenpost
February 5, 2025

Semler Scientific Expands Bitcoin Holdings with $88.5M Purchase

Semler Scientific (NASDAQ:SMLR) has expanded its Bitcoin holdings, acquiring 871 BTC for $88.5 million between Jan. 11 and Feb. 3. The company funded the purchase through proceeds from its January 2025 senior convertible notes and the sale of a portion of its Monarch Medical (TASE:PMCN) stake.

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