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news-imageJanuary 10, 2025

New Hampshire bill proposes Bitcoin reserve for state treasury investments

New Hampshire State Representative Keith Ammon introduced legislation to create a strategic reserve of digital assets with an average yearly market cap of over $500 billion and US-pegged stablecoins to the state treasury, according to a bill introduced on Jan. 9.
Publisher: CryptoSlate
Sentiment: Positive
BTC

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cover-imageBitcoin
January 10, 2025

Spot Bitcoin ETFs Celebrate 1 Year With $106.82 Billion in BTC Reserves

Two days ago on Jan. 8, spot bitcoin exchange-traded funds (ETFs) and their ether equivalents faced significant outflows, yet the group has amassed a staggering $118.56 billion in bitcoin (BTC) and ether (ETH) holdings since their debut on U.S. stock exchanges. From 5.5 Months to 1 Year: Crypto ETFs Reshape Investment Trends With $118.

Positive
cover-imageCryptonews
January 10, 2025

Increasing Bitcoin Hashrate Indicates Confidence in BTC Value

Bitcoin's rising hashrate showcases expanding miner activity, improved technology, and growing institutional interest. With insights from CleanSpark, Riot, and experts, explore how profitability and transparency in the mining industry are shaping the future of Bitcoin's network security and adoption. The post Increasing Bitcoin Hashrate Indicates Confidence in BTC Value appeared first on Cryptonews.

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cover-imageCryptopolitan
January 10, 2025

Bitcoin records longest streak of green hourly candles since 2017

Bitcoin, the largest cryptocurrency by market capitalization, recently hit a significant achievement of having thirteen successive green hourly candles, according to Vetle Lunde of K33 Research. This is the longest green candle period since the start of the year 2017 signifying renewed interest in the digital asset.

Negative
cover-imageThe Daily Hodl
January 10, 2025

On-Chain Bitcoin Metrics Hinting at Consolidation or Further Correction, Warns Crypto Analytics Firm Glassnode

On-chain metrics suggest Bitcoin (BTC) could be headed for sideways movement or more correction amid weakening buying pressure, according to the crypto analytics firm Glassnode. Glassnode says on the social media platform X that BTC's short-term demand momentum has dwindled. “One key indicator: Hot Capital (capital revived over the last 7 days) has plunged 66.

Positive
cover-imageBenzinga
January 10, 2025

Bitcoin, Ethereum, XRP, Dogecoin In The Green On Friday: 'Weekend Altcoin Season' Coming?

Cryptocurrency markets are trading higher on Friday after experiencing significant volatility throughout the day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,777 +3.3% Ethereum (CRYPTO: ETH) $3,266 +2.5% Solana (CRYPTO: SOL) $188.06 +2.3% XRP (CRYPTO: XRP) $2.36 +3.4% Dogecoin (CRYPTO: DOGE) $0.3323 +4.7% Shiba Inu (CRYPTO: SHIB) $0.00002151 +2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.2% and daily active addresses falling by 0.02%.

Positive
cover-imageBitcoin
January 10, 2025

Bitmart Research Projects Bitcoin ETFs Could Attract $50 Billion in Inflows, Boosting AUM to $150 Billion

According to Bitmart Research's 2025 crypto outlook, bitcoin ETFs are expected to attract a large amount of capital inflows. Crypto Inflows Set for Record Year Bitmart Research has predicted that net inflows for bitcoin spot exchange-traded funds (ETFs) could exceed $50 billion in 2025 with assets under management (AUM) expected to exceed $150 billion.

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