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news-imageJanuary 23, 2025

Goldman Sachs CEO on Bitcoin: A “Speculative” Asset, Not a “Threat to US Dollar”

In a recent interview with CNBC's Squawk Box, Goldman Sachs CEO David Solomon shared his perspective on Bitcoin and its relationship to the US dollar. He also offered insight into the financial giant's stance on crypto.
Publisher: BeInCrypto
Sentiment: Negative
BTC

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Positive
cover-imageThe Currency Analytics
January 23, 2025

El Salvador Strengthens Bitcoin Strategy with 12 BTC Purchase

El Salvador, known for its bold move to make Bitcoin a legal tender in 2021, has recently purchased 12 additional BTC, signaling its unwavering commitment to cryptocurrency. This purchase was made despite the country's recent agreement with the International Monetary Fund (IMF), where certain Bitcoin policies were scaled back.

Negative
cover-imageBenzinga
January 23, 2025

Bitcoin At $102,000 But Why Does The Market Feel So Bearish?

Bitcoin (CRYPTO: BTC) remains firmly above $100,000 but anaemic trading action over the past 48 hours has increased anxiety in the cryptocurrency community over potential downtrends. What Happened: Despite Bitcoin touching all-time highs last week, the current sentiment is predominantly negative, primarily due to several factors, crypto influencer Miles Deutscher pointed out in a post on X on Wednesday.

Positive
cover-imageThe Currency Analytics
January 23, 2025

Analyst Predicts $130K Bitcoin Breakout, NUPL Points to More Growth

Bitcoin [BTC] continues to surge, analysts are closely monitoring its position within the market cycle, particularly the Net Unrealized Profit/Loss (NUPL) metric. According to analyst Axel Adler, this crucial metric is currently sitting at 0.5, suggesting that Bitcoin has significant room for growth before hitting its peak.

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.

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