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news-imageFebruary 12, 2025

Here's why Litecoin, Shiba Inu, Solana, Bitcoin prices just tumbled

Bitcoin and other altcoin prices traded lower on Wednesday after the U.S. released hotter-than-expected consumer inflation data. Bitcoin (BTC) fell by 3%, while other popular altcoins saw steeper declines.
Publisher: Crypto news
Sentiment: Negative
BTC
LTC

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cover-imageCrypto news
February 12, 2025

Franklin Templeton expands money market fund to Solana

Franklin Templeton has officially expanded its tokenized money market fund to Solana. The asset manager, whose crypto traction includes the launch of spot Bitcoin and Ethereum exchange-traded funds, now offers its Franklin OnChain U.S. Government fund on Solana (SOL).

Negative
cover-imageUToday
February 12, 2025

Solana (SOL) Returns Below $200 as Market Stays in Red

Solana (SOL), the fifth largest digital asset by market cap, has once again slipped below the crucial $200 mark as the broader cryptocurrency market remains in the red. The pullback comes amid a general market drop, with major cryptocurrencies struggling to maintain recent gains.

Positive
cover-imageTheNewsCrypto
February 12, 2025

Litecoin Rallies as Whale Accumulation Surges, Eyes $135 Target

In a notable divergence from the prevailing cryptocurrency market downturn, Litecoin (LTC) has experienced a significant rally over the past few days. This surge is attributed to increased accumulation by large investors, commonly referred to as “whales,” indicating a growing confidence in LTC's potential for further gains.

Negative
cover-imageBitcoin
February 12, 2025

Bitcoin Slips Below $96K as Inflation Concerns Rattle Markets

Hotter-than-expected inflation data released Wednesday morning applied downward pressure on both traditional and crypto markets. Inflation Fears Push Bitcoin Below $96,000 Threshold Bitcoin (BTC) is struggling to maintain momentum, trading at $95,580.74 at the time of reporting. The leading cryptocurrency has declined 1.55% in the past 24 hours and is down 3.

Neutral
cover-imageBenzinga
February 12, 2025

Bitcoin, Meme Coins Dominate Crypto, But Other Projects Suffer, Analyst Says

Cryptocurrency analyst Benjamin Cowen highlights a growing imbalance in the market: capital is pouring into Bitcoin (CRYPTO: BTC) and meme coins, while other crypto projects struggle for attention. What Happened: In a podcast on Feb 11, Cowen highlights Bitcoin dominance has surged from 38-39% to 64%, which he calls a sign of the market "healing itself.

Positive
cover-imageCrypto Economy
February 12, 2025

Avalon Labs Plans to Launch First-Ever Bitcoin-Backed Debt Fund in the US

TL;DR Avalon Labs is considering launching a Bitcoin-backed public debt fund in the US under the SEC's Regulation A exemption. The company already offers products such as the USDa stablecoin, BTC-backed loans, and a crypto-linked credit card. In December, it raised $10 million in funding to expand its decentralized finance ecosystem on Bitcoin.

Positive
cover-imageThe Currency Analytics
February 12, 2025

Bitcoin Set for Growth in 2025, Scaramucci Predicts $200K

Bitcoin (BTC) has been steadily recovering after facing a series of challenges, most notably the delays surrounding the approval of a Bitcoin exchange-traded fund (ETF). At press time, Bitcoin was trading just below $98,000, a significant climb from its low points, and experts, including Anthony Scaramucci, are optimistic about the cryptocurrency's future trajectory.

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