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news-imageJanuary 9, 2025

Mark Cuban chooses Bitcoin over Gold as economic hedge

Mark Cuban's crypto confidence reflects a broader shift toward Bitcoin adoption.
Publisher: Crypto news
Sentiment: Positive
BTC

More News Articles

Positive
cover-imageBitcoin Magazine
January 9, 2025

The Future Of Home Bitcoin Mining Is Bright

A new Bitaxe device comes to market, Heatbit devices are helping everyday users mine bitcoin while keeping their homes warm, and 5,500 open-source mining developers continue to work together to push the home Bitcoin mining industry forward.

Positive
cover-imageBitcoin
January 9, 2025

Donald Trump Bitcoin Digital Trading Cards Launched on Ordinals Protocol

The President's love for crypto continues to shine with the launch of his latest NFT collection on the Ordinals protocol. Trump Debuts Bitcoin Digital Trading Cards President-elect Donald Trump‘s non-fungible token (NFT) collection debuted its first 160 products, the “Trump Bitcoin Digital Trading Cards” on Bitcoin through the Ordinals protocol.

Positive
cover-imageBenzinga
January 9, 2025

Bitcoin Silk Road Sales Would Affect Leverage Traders More Than Holders, Analyst Argues

Reports of the U.S. possibly liquidating most of its Bitcoin holdings seized from the Silk Road darknet marketplace may be more impactful for short-term traders than for long-term spot holders, according to a market analyst. What Happened: Pseudonymous cryptocurrency analyst Kun stated on X on Thursday that this type of news tends to cause mass liquidations in the derivatives markets due to increased volatility, but doesn't necessarily have a negative impact on the underlying value of the asset for spot holders.

Positive
cover-imageBitcoin
January 9, 2025

Thumzup Media Buys $1 Million Worth of Bitcoin

Another publicly traded U.S. firm adds bitcoin to its balance sheet with Thumzup Media's $1 million purchase. Thumzup Wants to Hold 90% of its Liquid Assets in Bitcoin Thumzup Media Corp., a publicly traded firm in the U.S. announced the acquisition of 9.

Negative
cover-imageThe Currency Analytics
January 9, 2025

Bitcoin Faces Potential $90K Drop as Funding Rates Decline

Bitcoin, the world's largest cryptocurrency, has encountered a sharp reversal, with its price dipping below $95,000 today, following a brief surge above $102,000 earlier this month. The sudden drop has raised concerns among market participants, prompting analysts to delve into on-chain data to identify underlying factors.

Neutral
cover-imageUToday
January 9, 2025

Did Bitcoin (BTC) Finally Reach Bottom?

Whether the market has finally reached its bottom has come into question in light of Bitcoin's recent decline to $93,224. Though the strength of this support will be determined in the next few hours, indications of demand are beginning to appear due to notable changes in the Binance spot order book during the sell-off.

Negative
cover-imageCoinPedia
January 9, 2025

Bitcoin ETFs Face Record Outflows: Is a Drop to $90K Looming?

After a strong start to the new year that saw Bitcoin reclaim the $102K level, the original digital asset is struggling to maintain momentum as Bitcoin fell as much as 10 % to hit $93k on 9 Jan. While, Bitcoin holders offloaded their spot Bitcoin ETF in the United States recorded their second-highest daily outflow.

Negative
cover-imageBenzinga
January 9, 2025

Bitcoin, Ethereum ETFs See $742 Million In Outflows, Supply Shock Unlikely In 2025, Report Shows

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs faced substantial net outflows of $742 million on Jan.8. Bitcoin ETFs led the decline, recording $583 million in outflows, with Blackrock‘s (NASDAQ:IBIT), Fidelity‘s (CBOE: FBTC), and Ark & 21Shares (CBOE: ARKB) contributing $124 million, $258 million and $148 million, respectively, according to data from SoSo Value.

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