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news-imageNovember 28, 2024

Crypto Price Analysis 11-28 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, TRON: TRX, TONCOIN: TON, CELESTIA: TIA, THETA NETWORK: THETA

Bitcoin (BTC) recovered from a low of $91,400 late on Wednesday to climb back above $95,000. However, the cryptocurrency faces considerable downward pressure after failing to climb above $100,000.
Publisher: Crypto Daily
Sentiment: Neutral
BTC
ETH

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Positive
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January 18, 2025

XRP News: Solana, XRP & 5 Other ETFs Filed As SEC Chair Gary Gensler to Exit

XRP News: The odds of an XRP, Solana (SOL), & Litecoin (LTC) exchange-traded funds (ETF) have gained significant traction in anticipation of Doland Trump's upcoming presidential inauguration and Gary Gensler's exit. Notably, renowned ETF expert Nate Geraci recently revealed that numerous asset managers have submitted filings for multiple crypto-backed exchange-traded products.

Positive
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January 18, 2025

World Liberty Financial Acquires TRON (TRX) Tokens, Here's Why

As US President-elect Donald Trump prepares to take office, World Liberty Financial, a cryptocurrency initiative supported by the Trump family, has announced plans to invest in TRON (TRX) tokens. This initiative strengthens the Trump-backed crypto project's ties with Justin Sun's Tron ecosystem.

Positive
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January 18, 2025

Ethereum Eyes $4,000 as Futures Open Interest Hits Record High

Ethereum (ETH) futures open interest has surged to an all-time high of 9 million ETH as of January 17, fueled by strong institutional demand and rising bullish sentiment, raising the possibility of Ethereum testing $4,000 in the near future. According to CoinTelegraph on January 18, ETH futures open interest increased by 10% over the past two weeks, reaching unprecedented levels.

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
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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
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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.

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