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news-imageDecember 30, 2024

Tether Increases its Bitcoin Reserves with a $700 Million BTC Transfer

Tether has transferred 7,629 BTC, valued at approximately $700 million, to its Bitcoin reserve address. The transaction originated from Bitfinex's hot wallet on the morning of December 30.
Publisher: BeInCrypto
Sentiment: Positive
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cover-imageBenzinga
January 2, 2025

Bitcoin, Ethereum, XRP Dogecoin Rip Higher, Trader Eyes $104,000 If This Resistance Level Breaks

Cryptocurrency markets are trading higher on Thursday as positive market sentiment rings in the new year. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,554.72 +3.2% Ethereum (CRYPTO: ETH) $3,463.77 +3.3% Solana (CRYPTO: SOL) $207.01 +7% XRP (CRYPTO: XRP) $2.39 +3.8% Dogecoin (CRYPTO: DOGE) $0.3392 +4.5% Shiba Inu (CRYPTO: SHIB) $0.00002282 +5.7% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 35.4% and daily active addresses falling by 0.06%.

Positive
cover-imageThe Currency Analytics
January 2, 2025

Bitcoin Hashrate Breaks Records with 808 EH/s on New Year's Eve: A New Milestone in Mining

Bitcoin has ushered in 2025 with an explosive start, setting a new milestone in its mining history. On New Year's Eve, the cryptocurrency's network achieved an extraordinary computational power peak of 808 exahash per second (EH/s), shattering previous records and setting the stage for what promises to be another groundbreaking year for Bitcoin.

Positive
cover-imageBitcoin
January 2, 2025

2025 Kicks Off With Big Wins on Wall Street for Bitcoin Miners

It was an eventful year for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the $100,000 threshold. Kicking off 2025, three publicly traded mining companies posted double-digit gains, while others also delivered solid performances. Bitcoin Miners Ride High: Top Seven Firms by Market Cap Post Gains Currently, bitcoinminingstock.

Positive
cover-imageCoinPedia
January 2, 2025

Why is Bitcoin Price Going Up Today?

The market has been showing signs of strength, especially with the recent break rally. This suggests that the bearish trend might be losing momentum, increasing the probability of an upward breakout. Altcoins are also looking promising, with several coins potentially completing their corrections and gearing up for the next upward movement in Q1.

Positive
cover-imageUToday
January 2, 2025

BlackRock's Bitcoin ETF Makes Top 3 Global ETF List

In a ranking of the top 20 exchange-traded funds (ETFs) in 2024, BlackRock's spot Bitcoin ETF, IBIT, came in third. In a post shared by Eric Balchunas, Bloomberg's senior ETF analyst on X, IBIT made the top three cut with a total flow of $37 billion.

Positive
cover-imageThe Currency Analytics
January 2, 2025

Bitcoin Could Reach $250,000, Says CoinShares Head of Research

James Butterfill, the Head of Research at digital asset manager CoinShares, has made an intriguing prediction about the future price of Bitcoin (BTC). In a recent interview with CNBC, Butterfill suggested that Bitcoin could eventually reach $250,000—a more than 166% increase from its current price.

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cover-imageCrypto Economy
January 2, 2025

Tether Market Cap Slips Amid MiCA Compliance Concerns

TL;DR Tether (USDT) has suffered a drop of more than 1% in its market capitalization due to the implementation of MiCA regulation in the European Union. Several European exchanges have removed USDT from their offerings. However, the impact is mitigated by Tether's strong presence in markets outside the EU.

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