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news-imageJanuary 11, 2025

Fed Rate Cuts Not Coming Before June 2025, BTC Price Rally Delayed?

The US non-farm payroll data (NFP) data showed that the US economy added greater than expected jobs last month in December 2024. This has dwindled the chances of a Fed rate cut coming in March this year, which could further delay the chances of a BTC price rally to $200K this year.
Publisher: Coingape
Sentiment: Negative
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cover-imageCrypto Economy
January 11, 2025

Is Mining Bitcoin from Home Still Profitable?

TL;DR With the growth of the network and technological evolution, the profitability of mining Bitcoin from home is being questioned more than ever. The high initial expenses for specialized equipment and the high energy consumption, along with the growing difficulty in mining, have reduced profits for small miners.

Positive
cover-imageCoinPedia
January 11, 2025

Will Meta Embrace Bitcoin? Shareholder Pushes for Bold Treasury Move

A new proposal urges Meta to consider Bitcoin a strategic treasury asset. The proposal is submitted by Ethan Peck, a National Center for Public Policy Research shareholder, highlighting Bitcoin's potential to outpace inflation and safeguard corporate finances. This move reflects growing advocacy for Bitcoin adoption among major corporations.

Negative
cover-imageThe Currency Analytics
January 11, 2025

Will Markets Keep Falling When $1.8B Bitcoin Options Expire Today

The expiry of approximately 19,300 Bitcoin options contracts, totaling a notional value of around $1.8 billion. As crypto markets have been retreating throughout the week, the question on every trader's mind is whether this expiration will push markets even lower or trigger a potential reversal.

Positive
cover-imageTokenpost
January 11, 2025

Heritage Distilling Joins Corporate Trend of Bitcoin Adoption

Heritage Distilling, a publicly traded spirits company, announced plans to adopt Bitcoin as a strategic asset and payment method, signaling the growing trend of businesses integrating cryptocurrency into their operations. The Gig Harbor, Washington-based firm, which trades on Nasdaq under the ticker CASK, said on Friday it intends to hold Bitcoin and accept it for payments.

Positive
cover-imageBitcoin
January 11, 2025

Santander: El Salvador's Bitcoin Adoption Fuels Tourism Boom

El Salvador's tourism soared in 2024, with bitcoin adoption and safety reforms transforming the nation into a global powerhouse, driving unprecedented economic and tourism growth. Bitcoin-Led Tourism Boom Positions El Salvador as a Global Model Santander US Capital Markets LLC, a division of the global financial giant Banco Santander, published a report on Jan.

Positive
cover-imageCoingape
January 11, 2025

Meta Shareholder Requests Board to Consider Bitcoin Treasury

A Meta shareholder has submitted a proposal urging the company to assess the potential benefits of incorporating Bitcoin into its treasury. The proposal highlights Bitcoin's historical growth and its potential as an inflation-resistant asset compared to traditional cash and bonds.

Positive
cover-imageCoingape
January 11, 2025

Nasdaq-Listed Heritage Distilling Adopts Bitcoin Strategy

Heritage Distilling Holding Company, listed on the Nasdaq under the ticker CASK, has officially announced its Bitcoin Treasury Policy Statement. The company intends to incorporate Bitcoin into its operations by accepting it as payment and holding it as a strategic asset.

Positive
cover-imageUToday
January 11, 2025

Ethereum (ETH) Price Finally Retraces, Shiba Inu (SHIB) Double-Bottom Reversal In, Bitcoin (BTC) Volume Spike Propels Bullish Moves

A double-bottom reversal of a bullish chart pattern that might result in a significant price rebound is what Shiba Inu is indicating is possible. SHIB's price is testing important levels close to the 200 EMA, a crucial long-term support at its current price of $0.00002164, which supports the idea of a potential recovery.

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