The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Ripple President Monica Long mentioned in a January 7 interview on Bloomberg TV that the crypto market might receive more crypto spot ETF approvals in 2025. Long suggested that President Donald Trump and his pro-crypto administration would introduce more crypto-friendly regulations to support ETFs sooner.
Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.
Ripple President Monica Long has stated that an XRP spot exchange-traded fund (ETF) is likely to be approved “very soon,” and is expected to be next in line after the recently approved Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs. Long's comments suggest a significant shift in the regulatory landscape, potentially opening up (CRYPTO: XRP) to a broader investor base.
Analytics account @spotonchain has published a tweet to inform the crypto community that today the Ethereum Foundation had made its very first sale in 2025, on Jan. 8.
The cryptocurrency market is facing turbulence as Bitcoin and Ether, two of the largest digital assets, experienced significant declines over the past 24 hours. Bitcoin, which had briefly surged above the $100,000 mark earlier this week, dipped by 5%, dropping to $96,527.
Bhutan's Gelephu Mindfulness City pioneers adoption of digital asset strategic reserves. The city plans to set up an advisory panel on digital assets for GMC.
Fidelity Digital Assets, a subsidiary of global financial services firm Fidelity Investments, has released a new paper titled “2025 Look Ahead: Is it ‘too late' to enter digital assets?” The publication dedicates significant attention to the ongoing competition between Ethereum and Solana.
Ethereum's attempt to surpass the $4K crucial mark failed, leading to a sharp rejection and raising concerns about sellers' dominance in the market. Fear is mounting, with expectations of a potential sell-off in the coming days if key support levels fail to hold.
Lookonchain reports that the Ethereum Foundation sold 100 ETH on Wednesday. The sales continued a pattern that has been observed since January 2, 2024, with a total of 4,566 ETH sold so far.
Ethereum price has declined by nearly 10 percent in the last two days and an uptick in liquidations signal more trouble ahead.
Bhutan is already heavily invested in bitcoin through its hydroelectric-powered mining operations, holding 12,211 BTC ($1.2 billion).
2024 was a pivotal year for the Ripple ecosystem, marked by notable launches and renewed regulatory optimism. That optimism came despite an ongoing legal wrangle with the U.S. Securities and Exchange Commission (SEC) that has now stretched into its fifth year.
Data compiled on Jan. 8, 2025, reveals a contrasting performance among cryptocurrency exchange-traded funds (ETFs). On Tuesday, the 12 spot bitcoin ETFs attracted $52.39 million in net inflows, while the nine spot ether ETFs posted a combined loss of $86.79 million.
The Ethereum Foundation has continued to make strategic developments and research by selling its Ether holding for stablecoins amounting to over $12M in the past year.
The year 2025 could mark a turning point for Ether (ETH), the second largest cryptocurrency by market capitalization. According to Dr. Sean Dawson, head of research at Derive, Ether could reach a peak of $12,000 this year, thanks to Trump, representing a 257% increase from its current price.
Ethereum crashes for two days in a row, and the outlook may get dire as negative catalysts remain. ETH balances on exchanges are rising, Ethereum Foundation continues to sell, while American bond yields are surging.
On Jan. 7, Ripple President Monica Long discussed her company's strategic direction during an interview with Bloomberg TV. She highlighted Ripple's ongoing efforts to increase the distribution and availability of Ripple USD (RLUSD) across additional exchanges, indicating that further developments and announcements are expected imminently.
Demand for the ethereum network is pretty much at full capacity on a daily basis with the daily gas usage stable at 108 million
The potential launch of an XRP ETF could accelerate mainstream crypto adoption and influence regulatory frameworks in the financial sector. The post XRP ETF likely to launch after Bitcoin and Ether ETFs, says Ripple President appeared first on Crypto Briefing.
The crypto markets faced the first pullback of the year that whipped out nearly 7% of the market capitalisation. As the Bitcoin price dropped below $95,000, the Ethereum price also marked a low close to $3,300. Meanwhile, the bulls managed to halt the bearish trend and seem to be trying hard to validate a rebound.
The a Swiss-based not-for-profit organization focused on the development and welfare of the Ethereum (ETH) network, has made its first Ether sale for 2025. In a bid to fund research and development (R&D), the Ethereum Foundation swapped 100 ETH for 329,463 $DAI, the first sale since the beginning of 2025.
With the market currently in some turmoil, the best buys are probably there to be made. What are the best buying levels for Ethereum (ETH), Solana (SOL), and Sui (SUI) for the rest of this bull market in 2025?
The second-largest crypto Ethereum saw a sharp selloff of more than 9% in the last 24 hours. ETH price tumbled to mid-November levels of $3,300 as traders took cues from robust US macroeconomic data, which shot down the Fed rate cut hopes.
Gelephu Mindfulness City is going to integrate Bitcoin, Ethereum, and Binance Coin into reserves, promoting blockchain innovation and economic resilience.
Gelephu Mindfulness City (GMC), a Special Administrative Region (SAR) in Bhutan, has incorporated digital assets like Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) into its strategic reserves.
Bhutan's Gelephu Mindfulness City (GMC) has unveiled plans to include Bitcoin, Ethereum, and BNB in its strategic reserve assets, according to a Jan. 8 statement. This decision marks a significant milestone as GMC becomes one of the first Special Administrative Regions (SARs) to incorporate digital assets into its reserves.
Bhutan's newly established Gelephu Mindfulness City (GMC) has announced a groundbreaking move to incorporate digital assets into its strategic reserves. By integrating Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), GMC positions itself as a trailblazer in the adoption of cryptocurrencies within a government-backed economic framework.
The Ethereum (ETH -8.38%) cryptocurrency was worth about $2,220 in September. On Jan. 6, it was up to $3,636.
Bhutan's Gelephu Mindfulness City has become one of the first jurisdictions to officially include digital assets in its reserves. The post Bhutan's ‘Mindfulness City' Includes BNB, BTC, ETH in its Strategic Reserves appeared first on Cryptonews.
Bhutan plans to include Bitcoin (BTC), Ethereum (ETH), and BNB in its strategic reserves. Bhutan's mining is expected to create three to five bitcoins each day.
The Pectra update and the regulations under the Trump administration drive the rise of Ethereum.
Ethereum is consolidating around $3,650 within an ascending channel pattern, with technical analysis suggesting a potential pullback to $3,500 before continuing its upward trajectory, as supported by historical post-halving market cycles and current trading indicators.
Bitcoin (BTC) plummeted below $100,000 as the crypto markets witnessed a significant drop on Tuesday, driven by stronger-than-anticipated economic indicators that could delay Federal Reserve rate cuts. BTC was trading above $100,000 since January 6, when it reached an intraday high of $102,464.
Bhutan's newest region is adding Bitcoin, Ethereum, and Binance Coin to its reserves as part of its new economic strategy.
Bhutan's newly established Gelephu Mindfulness City (GMC) has announced its plan to include digital assets such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) as part of its strategic reserves. This initiative positions GMC as one of the first Special Administrative Regions (SARs) to officially integrate digital currencies into its economic framework.
Ethereum has started 2025 with impressive gains, sparking optimism among investors, but faces challenges and uncertainty as analysts debate its price potential in the short and long term.
Bhutan's Gelephu Mindfulness City (GMC) on Wednesday announced its decision to broaden its crypto adoption plan. Bhutan's new special administration region will hold Bitcoin (BTC), Ethereum (ETH), Binance's BNB, and other digital assets in the city's strategic reserves.
The crypto market is feeling the heat as Bitcoin (BTC) a pioneer cryptocurrency is under increased selling pressure as shifts and due to microeconomic data & shifting sentiment continue to push back the upward momentum. Over the last 24 hours, Bitcoin dropped by nearly 7% after reaching a three-week high.
Ethereum's price is currently moving within a key price channel, maintaining a bullish trend as it holds above an important support zone. However, at the time of writing, Ethereum has declined by more than 9% and is now trading below $3,350. Ethereum's 1-month high is at $4,098.29, while the 1-month low is $3,103.
Recent macroeconomic data raised analysts' concerns regarding persistent inflation and sustained interest rates.
Ethereum's Pectra upgrade, a pro-crypto US president, broader adoption and increased ETF uptake could push Ether to hit $12,000 this year, says a crypto researcher.
Ethereum (ETH) is making waves in the crypto market, with its price recently breaking through the $3,670 resistance point and now eyeing the $4,000 level. This move has rekindled excitement among traders and analysts, fueling speculation that Ethereum could soon achieve new all-time highs (ATHs).
After a lackluster 2024, Ethereum has started 2025 with a bang, surging over 13% since the year began. This impressive performance has reignited optimism among investors who are anticipating a bullish year for ETH and the broader altcoin market.
The cryptocurrency market experienced a sharp downturn on Wednesday, with Bitcoin (BTC) falling below the $97K mark, down from $102K. The global crypto market fell by about 6%, now standing at $3.37 trillion. The total crypto market volume over the last 24 hours has surged to $169.2 billion, reflecting a 31.72% increase.
Bitcoin and Ethereum ETFs have seen a surge in investor interest, pulling in $1.1 billion in net inflows on January 6, 2025, following a slower start to the year.
Ethereum is trading below last year's highs as investors eagerly await a breakout to confirm the start of the anticipated Altseason. While ETH's price action has been subdued, traders remain optimistic about its potential to perform exceptionally well in 2025, given its historical cycles and the market's overall bullish sentiment.
Ethereum price failed to clear the $3,750 resistance and trimmed gains. ETH is back to $3,350 and might struggle to start a fresh increase.