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news-imageJanuary 16, 2025

Ethereum Price Today: $900M Buying Spree as Bitcoin Hits $100K

Ethereum (ETH) price today trades at as of after shooting up nearly 20% since January 13. This impressive recovery is due to Bitcoin's climb to revisit the historic $100,000 level.
Publisher: Coingape
Sentiment: Positive
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cover-imageThe Currency Analytics
January 17, 2025

Ethereum in 2025: Whale Activity, Market Trends, and Key Insights

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has made a notable start to 2025, with its price recently surging to $3,380—marking a 4.6% increase within just 24 hours. Despite this strong upward momentum, factors such as whale activity, market resistance levels, and rising open interest (OI) could suggest that a volatile period may lie ahead.

Negative
cover-imageCoingape
January 17, 2025

Just In: Bhutan Government Moves 633 BTC Sparking Concerns

In a riveting turn of events, the Royal Government of Bhutan has been recorded moving a staggering 633 BTC on Friday, sparking market discussions globally. On-chain data pointed out that the government moved the abovementioned amount to two unknown addresses, with one potentially linked to the crypto exchange giant Binance.

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cover-imageThe Currency Analytics
January 17, 2025

U.S. Court Orders Return of $9.3B Stolen Bitcoin to Bitfinex

A U.S. court has ordered the return of $9.3 billion worth of stolen Bitcoin to the Bitfinex exchange, nearly eight years after a massive hack in 2016. The ruling follows a filing made by the U.S. government on January 14, 2025, seeking to restore the stolen funds to the exchange under a “restitution in kind” process.

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cover-imageCoinPedia
January 17, 2025

Why Betting Against Ethereum Now Could Be a Mistake

Ethereum, the second-largest cryptocurrency by market cap, has been under immense pressure recently. Over the last six weeks, it has dropped 18% against Bitcoin. However, crypto analyst Merlijn argues that it's too early to write off Ethereum's potential, as history shows it could make a strong comeback.

Negative
cover-imageBitcoinist
January 17, 2025

Bitcoin Price At Risk Amid Bank Of Japan's Interest Rate Hike

As the crypto market eagerly anticipates US president-elect Donald Trump's inauguration on January 20, another significant event in the following week could influence the market's trajectory. Economic experts suggest that the Bank of Japan's (BOJ) anticipated interest rate hike may dampen Bitcoin's bullish momentum.

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