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news-imageJanuary 17, 2025

Rising Bitcoin Prices Defy Exchange Inflows: What Investors Need to Know

Bitcoin (BTC) has experienced a gradual recovery following the release of the US Consumer Price Index (CPI) report yesterday, with its price now hovering above $98,000. This marks a 6.1% increase over the past week, signaling growing optimism among market participants.
Publisher: NewsBTC
Sentiment: Positive
BTC

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cover-imageCoingape
January 17, 2025

Just In: Bhutan Government Moves 633 BTC Sparking Concerns

In a riveting turn of events, the Royal Government of Bhutan has been recorded moving a staggering 633 BTC on Friday, sparking market discussions globally. On-chain data pointed out that the government moved the abovementioned amount to two unknown addresses, with one potentially linked to the crypto exchange giant Binance.

Positive
cover-imageThe Currency Analytics
January 17, 2025

U.S. Court Orders Return of $9.3B Stolen Bitcoin to Bitfinex

A U.S. court has ordered the return of $9.3 billion worth of stolen Bitcoin to the Bitfinex exchange, nearly eight years after a massive hack in 2016. The ruling follows a filing made by the U.S. government on January 14, 2025, seeking to restore the stolen funds to the exchange under a “restitution in kind” process.

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cover-imageBitcoinist
January 17, 2025

Bitcoin Price At Risk Amid Bank Of Japan's Interest Rate Hike

As the crypto market eagerly anticipates US president-elect Donald Trump's inauguration on January 20, another significant event in the following week could influence the market's trajectory. Economic experts suggest that the Bank of Japan's (BOJ) anticipated interest rate hike may dampen Bitcoin's bullish momentum.

Positive
cover-imageThe Currency Analytics
January 17, 2025

Bitcoin Hits $100,860, Bulls Eye $106,888 Target

Bitcoin has briefly surged past the $100,000 mark, igniting a fresh wave of bullish momentum across the crypto market. The surge was primarily triggered by the latest U.S. Consumer Price Index (CPI) data, fueling optimism that the cryptocurrency market is poised for continued growth.

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