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news-imageJanuary 21, 2025

XRP on Verge of Ultra Rare Golden Cross Versus Bitcoin

The price action of the popular cryptocurrency XRP against its leading opponent in the crypto market rankings, Bitcoin (BTC), has been a point of attraction for weeks, if not months. Since the beginning of November, XRP has gained nearly 270% against BTC, and according to technical analysis patterns, this may not be the end of the rally.
Publisher: UToday
Sentiment: Positive
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cover-imageUToday
January 22, 2025

Bitcoin (BTC) Stuck at $102,000, Dogecoin (DOGE) Loses 20%, But It's Fine, Solana (SOL) Drops 21% in Three Days: What's Next?

Solana has seen a sharp 21% drop over the past three days, erasing some of the impressive gains from its recent rally. This sudden reversal is partly attributed to the meme coin frenzy, which initially boosted Solana's ecosystem but has now turned into a liquidity drain, leaving the asset vulnerable to a sell-off.

Positive
cover-imageThe Daily Hodl
January 21, 2025

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

The shareholders behind MicroStrategy have voted to dramatically increase the number of shares in a bid to raise funds for additional Bitcoin (BTC). According to a new Bloomberg report, the business intelligence firm, known for its extensive BTC investments, proposed increasing the number of authorized Class A common shares from 330 million to 10.

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cover-imageNewsBTC
January 21, 2025

Big Players Bet Big On XRP, Solana With Excitement Around Donald Trump's Presidency, Here Are The Figures

The return of Donald Trump to the presidency has caused a wave of enthusiasm in the digital asset market, with institutional investors making bold bets on cryptocurrencies like XRP and Solana. This trend is noted by the CoinShares' Digital Asset Fund Flows Weekly Report, which reveals a historic influx of funds into the crypto market with total assets under management (AuM) now at a new all-time high.

Positive
cover-imageCryptonews
January 21, 2025

MicroStrategy Acquires 11,000 BTC Equivalent to $1.1 Billion

MicroStrategy expands its Bitcoin holdings with an $1.1 billion purchase of 11,000 BTC, as announced by Michael Saylor. The business intelligence firm's total Bitcoin portfolio now stands at 461,000 BTC, valued at $29.3 billion, with an average cost basis of $63,610 per coin. The post MicroStrategy Acquires 11,000 BTC Equivalent to $1.1 Billion appeared first on Cryptonews.

Positive
cover-imageBitcoin
January 21, 2025

Matrixport: Short-Term Upside for Bitcoin if Critical Support Levels Hold

Bitcoin's price action is currently retesting a key support level with several macro-factors in play that could contribute to another strong bullish rally. Possible Breakout for Bitcoin Based on Current Support Level Matrixport's recent bitcoin report highlighted the possibility of a bitcoin price breakout after retesting a critical support level.

Positive
cover-imageBitcoinist
January 21, 2025

11 Bitcoin Added: El Salvador Ignores IMF, Bolsters Crypto Holdings

In a dramatic gesture that reinforces its stance on Bitcoin, El Salvador has bought 11 BTC for its national reserves, which now amount to 6,044 units. Related Reading: Gold Out, Bitcoin In: 52% Of Americans Choose Crypto Over Traditional Assets—Survey The move follows an agreement with the International Monetary Fund (IMF) for $1.

Positive
cover-imageBitcoin Magazine
January 21, 2025

David Bailey Forecasts $1M Bitcoin Price During Trump Presidency

David Bailey, CEO of BTC Inc., shares bold predictions for Bitcoin's future, including its potential to reach $1 million during the Trump presidency. This article delves into the political, economic, and technological forces shaping Bitcoin's role as a global reserve asset and highlights key strategies for investors to align with its transformative potential.

Positive
cover-imageBenzinga
January 21, 2025

Bitcoin, Ethereum, XRP, Dogecoin Rally On Post-Inauguration Tuesday

Tuesday's surge in cryptocurrency markets coincides with a wave of ETF filings submitted to the SEC within 24 hours of the Donald Trump administration taking office. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $107,106.40 +3.3% Ethereum (CRYPTO: ETH) $3,335.10 +0.1% Solana (CRYPTO: SOL) $252.85 +2.7% XRP (CRYPTO: XRP) $3.19 +2.2% Dogecoin (CRYPTO: DOGE) $0.3841 +7.2% Shiba Inu (CRYPTO: SHIB) $0.00002102 +2.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 35.8% and daily active addresses up by 7.3%.

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cover-imageYahoo Finance
January 21, 2025

Bitcoin slips after Trump speech leaves crypto in limbo

Bitcoin (BTC-USD) is facing some pressure after President Donald Trump's inaugural speech did not mention the crypto space, disappointing investors hoping for crypto-friendly executive orders. However, Yahoo Finance senior reporter Alexandra Canal points out on Catalysts that despite the dip, bitcoin still remains above $100,000.

Positive
cover-imageCoinPedia
January 21, 2025

$58 Million Worth XRP at Risk of Liquidation

Amid the ongoing market volatility, XRP's short sellers seem to be in trouble as market sentiment points toward a reversal. On-chain metrics suggest that the bulls are back in action, strongly supporting XRP, the native token of Ripple Labs.

Positive
cover-imageCoinPedia
January 21, 2025

KULR Buys $8M More Bitcoin, Now Holds 510 BTC

Following the legacy of Microstrategy of holding Bitcoin, KULR Technology, a company specializing in advanced energy-management systems, has made another big bet on Bitcoin. Interestingly the company has spent a whopping amount of $8 million to buy more of the cryptocurrency, bringing its total holdings to 510 BTC.

Positive
cover-imageCrypto Economy
January 21, 2025

XRP, DOGE, and BONK ETFs? REX Shares Pushes for Crypto Investment Expansion

TL;DR REX Shares has filed with the SEC to launch cryptocurrency ETFs, including Bitcoin, Ethereum, and the memecoin TRUMP, targeting institutional investors. The ETFs will invest at least 80% in a reference asset, and the TRUMP ETF will use a subsidiary to manage investments. Eric Balchunas from Bloomberg described the inclusion of TRUMP as “surreal.

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