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news-imageJanuary 11, 2025

North Dakota Considers Crypto Reserve as State Bitcoin Treasuries Gain Momentum

Legislators in North Dakota will weigh whether to diversify its assets with crypto and precious metals, following other state Bitcoin proposals.
Publisher: Decrypt
Sentiment: Positive
BTC

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Positive
cover-imageBitcoin
January 11, 2025

Santander: El Salvador's Bitcoin Adoption Fuels Tourism Boom

El Salvador's tourism soared in 2024, with bitcoin adoption and safety reforms transforming the nation into a global powerhouse, driving unprecedented economic and tourism growth. Bitcoin-Led Tourism Boom Positions El Salvador as a Global Model Santander US Capital Markets LLC, a division of the global financial giant Banco Santander, published a report on Jan.

Positive
cover-imageCoingape
January 11, 2025

Nasdaq-Listed Heritage Distilling Adopts Bitcoin Strategy

Heritage Distilling Holding Company, listed on the Nasdaq under the ticker CASK, has officially announced its Bitcoin Treasury Policy Statement. The company intends to incorporate Bitcoin into its operations by accepting it as payment and holding it as a strategic asset.

Positive
cover-imageUToday
January 11, 2025

Ethereum (ETH) Price Finally Retraces, Shiba Inu (SHIB) Double-Bottom Reversal In, Bitcoin (BTC) Volume Spike Propels Bullish Moves

A double-bottom reversal of a bullish chart pattern that might result in a significant price rebound is what Shiba Inu is indicating is possible. SHIB's price is testing important levels close to the 200 EMA, a crucial long-term support at its current price of $0.00002164, which supports the idea of a potential recovery.

Positive
cover-imageCryptoSlate
January 10, 2025

North Dakota lawmakers push to add Bitcoin to state treasury

North Dakota lawmakers introduced a House Concurrent Resolution (HCR) on Jan. 7, encouraging the State Treasurer and the State Investment Board to include digital assets and precious metals in the state treasury's portfolio to hedge against inflation. Six Representatives and two Senators sponsor the HCR3001, all Republican: Rep.

Positive
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.

Positive
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.

Positive
cover-imageCoingape
January 10, 2025

New Hampshire Bill Proposes Investment In Bitcoin and Gold

A new bill introduced by New Hampshire Representative Keith Ammon could authorize the state treasury to hold Bitcoin and precious metals as reserve assets. The proposed legislation would permit the state to store Bitcoin alongside traditional assets such as gold, silver, and platinum, making New Hampshire one of the first U.S. states to formally consider

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%.

Negative
cover-imageCNBC Television
January 10, 2025

Bitcoin faces headwinds as investors focus on the economy: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, David Foley of the Bitcoin Opportunity Fund discusses the recent pressure on bitcoin as investors turn away from the postelection rally and focus on the economy.

Negative
cover-imageCoindesk
January 10, 2025

Bitcoin Dips as Strong U.S. Jobs Data Dampens Fed Cuts

The employment market in the U.S. picked up steam in December, with 256,000 jobs added last month, according to the Bureau of Labor Statistics. Plus, insights into a head-and-shoulders bearish reversal pattern that could send bitcoin prices back to the mid-$70Ks.

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