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news-imageJanuary 23, 2025

Goldman Sachs CEO Doubts Bitcoin's Potential to Rival the US Dollar

Goldman Sachs CEO David Solomon believes Bitcoin is a speculative asset that cannot rival the US dollar's dominance as the global reserve currency. The post Goldman Sachs CEO Doubts Bitcoin's Potential to Rival the US Dollar appeared first on Cryptonews.
Publisher: Cryptonews
Sentiment: Negative
BTC

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Positive
cover-imageThe Daily Hodl
January 23, 2025

‘We're Going Higher for Longer': Crypto Analyst Says Bitcoin Primed for Another Major Leg Up – Here's His Target

Cryptocurrency analyst Kevin Svenson is leaning bullish on Bitcoin (BTC) as the flagship digital asset hovers slightly below the all-time high reached earlier this week. In a new video, Svenson tells his 82,200 YouTube subscribers that Bitcoin is in a parabolic trend and has more upside potential before a correction can occur.

Positive
cover-imageThe Currency Analytics
January 23, 2025

Bitcoin Mining Revenue Hits $45M – What It Means for the Market

Bitcoin mining has recently reached a notable milestone with daily revenues hitting $45 million, highlighting an uptick in network activity and signaling potential future growth. This surge has fueled curiosity among traders and investors alike, with many questioning whether it marks the beginning of a new bull cycle or a phase of steady, sustained growth.

Neutral
cover-imageAltcoin Buzz
January 23, 2025

Goldman Sachs CEO: Bitcoin Isn't a Dollar Threat

Despite the growing popularity of cryptocurrencies, Solomon believes that BTC is not a threat to the US Dollar. Solomon's statement comes at a time when digital currencies are becoming more mainstream, with many investors seeing Bitcoin as a store of value and hedge against inflation.

Neutral
cover-imageNewsBTC
January 23, 2025

Is A US Bitcoin Reserve Priced In? Analyst Shares Eye-Opening Facts

The market finds itself at a pivotal crossroads as US President Donald Trump has not issued a crypto or strategic Bitcoin reserve (SBR) related executive order yet. Renowned crypto analyst MacroScope (@MacroScope17) has reignited the debate via X, questioning whether such a reserve is already “priced in” by current market valuations.

Negative
cover-imageCointribune
January 23, 2025

Bitcoin Sows Discord At The World Economic Forum!

During the World Economic Forum in Davos in 2025, the idea of a strategic bitcoin reserve in the United States sparked a lively debate about the future of cryptocurrencies. This proposal, supported by President Donald Trump, was discussed during the session titled "Crypto at a Crossroads.

Negative
cover-imageThe Currency Analytics
January 23, 2025

Bitcoin Short-Term Holders Sell at a Loss-Impact on BTC

Bitcoin (BTC) has recently seen a concerning shift in its market dynamics as short-term holders (STHs) begin selling their holdings at a loss. This trend has raised concerns among investors and analysts, particularly given that the Short-Term Holder Spent Output Profit Ratio (STH SOPR) has turned negative.

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