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news-imageJanuary 21, 2025

Three Bitcoin Things to Watch During Trump's Term!

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Publisher: CryptoPotato
Sentiment: Neutral
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Negative
cover-imageBitcoin
February 1, 2025

Bitcoin's Mempool Empties to Record Lows—Is Onchain Activity Drying Up?

According to the latest statistics, following the first week of January, the number of unconfirmed transactions in the mempool has plummeted from slightly more than 200,000 to the current 7,723—a low not seen since 2022. Bitcoin Blockchain Activity Dips—Mempool at Lowest Level Since 2022 Transfer activity on the Bitcoin blockchain has diminished markedly since Nov.

Positive
cover-imageThe Currency Analytics
February 1, 2025

Vintage Bitcoin Wallets Transfer Millions After Years of Inactivity

Bitcoin has always had a history of dormant wallets, but recently, several wallets from 2012 and 2013 have sprung to life, moving millions of dollars in Bitcoin after sitting idle for almost a decade. One such wallet, which had been untouched since May 17, 2012, transferred 204.46 BTC, valued at a staggering $21.4 million, on January 31, 2025.

Neutral
cover-imageUToday
February 1, 2025

Satoshi Nakamoto's First Bitcoin Website Revealed From Past: Details

In a recent tweet, Bitcoin historian Pete Rizzo shared a glimpse into what the first Bitcoin website looked like on Jan. 31, 2009, exactly 16 years ago. "What the 1st Bitcoin website looked like when the price was $0, exactly 16 years ago," Rizzo tweeted, accompanied by a screenshot of the Bitcoin.org website as of Jan. 31, 2009.

Negative
cover-imageThe Currency Analytics
February 1, 2025

ECB President Lagarde Rejects Bitcoin as EU Central Bank Reserve

Christine Lagarde, the President of the European Central Bank (ECB), has firmly dismissed the idea of Bitcoin being adopted as a reserve asset by any of the European Union's central banks. This statement came on January 30, 2025, during a press conference following the ECB's interest rate decision.

Positive
cover-imageUToday
February 1, 2025

Bitcoin Diamond Hands Sending Bullish Signal

With Bitcoin (BTC) finally staying strong above $100,000, some traders might be already interested in taking profits from this crypto rally. Recent on-chain data analysis by CryptoQuant community author shows that long-term holders of digital gold are not in this cohort.

Positive
cover-imageBitcoinist
February 1, 2025

Arkansas Rejects Bitcoin Mining Crackdown Near Military Facilities

The Arkansas legislature has rejected a proposed bill that intended to prohibit cryptocurrency mining in close proximity to military installations. The Senate City, County, and Local Affairs Committee of the state denied the measure by a 6-1 vote, thereby halting efforts to impose restrictions on mining operations situated within a 30-mile radius of military sites.

Neutral
cover-imageThe Currency Analytics
February 1, 2025

Bitcoin's Limited Upside vs Ethereum's Strong Growth Potential

A prominent crypto analyst, known on social media as CredibleCrypto, has shared his market outlook for Bitcoin (BTC) and Ethereum (ETH), offering insights that suggest Bitcoin's growth potential may be limited compared to Ethereum in the upcoming cycle. CredibleCrypto, who boasts over 460,000 followers on platform X, has been tracking Bitcoin's price movements and believes that while the crypto king has shown some positive signs during its recent period of sideways consolidation, its upside potential in this cycle might not be as significant as that of other major digital assets.

Positive
cover-imageNewsBTC
February 1, 2025

Analyst Explains Bitcoin's Path To $150,000 – Details

The Bitcoin (BTC) market recorded more losses than gains in the past week resulting in a net price decline of 2.37%. Nevertheless, investors and market experts alike remain highly bullish on the premier cryptocurrency's potential for substantial gains amidst the current bull run.

Positive
cover-imageThe Currency Analytics
February 1, 2025

Bitcoin Price Could Reach $1 Million by 2027, New Model Predicts

A groundbreaking analysis conducted by Dr. Murray Rudd and Dennis Porter of the Satoshi Action Fund predicts that Bitcoin (BTC) could surpass the $1 million mark by January 2027, with even higher price levels possible by 2030. This bold forecast is based on a newly introduced model that considers Bitcoin's fixed supply and increasing demand, offering a glimpse into the cryptocurrency's potential future.

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