Bitcoin’s historic rally last week didn’t happen in isolation—it came amid a surge of retail investors, Ethereum ETF inflows, and more. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Bitcoin, Ethereum, and the Return of Retail Bitcoin […] Original
Florida’s Chief Financial Officer (CFO) Jimmy Patronis has announced an ambitious initiative to assess the viability of using gold and silver bullion as legal tender in the Sunshine State. Florida’s Golden Shield: Fighting Inflation and CBDCs With Precious Metals According to the state’s CFO, Jimmy Patronis, the study, led by the Florida Department of Financial […] Source CryptoX Portal
What if Amazon added Bitcoin to its balance sheet? With BTC up 125% this year, some shareholders argue it’s the perfect moment to explore the crypto market. Amazon under pressure to add Bitcoin to reserves Amazon, one of the largest and most influential companies in the world, is facing increasing pressure from its shareholders to diversify its financial reserves by adding Bitcoin (BTC) to the mix. Shareholders have pushed for Amazon to at least consider holding a small percentage of its reserves in Bitcoin — just 5%, according to one…
Este artículo también está disponible en español. A crypto analyst has shared an XRP price chart, hinting at a potential breakout above $10 if the prominent altcoin can replicate a past fractal. The analyst urges the XRP community to monitor this fractal closely, highlighting the need to monitor price movements in the coming weeks. XRP Price Eyes $16 As Analyst Spots Bullish Fractal An XRP supporter on X (formerly Twitter), known as ‘LUDXRP,’ has released a detailed chart analysis, predicting that the XRP price could climb to an ambitious price…
The report notes bitcoin’s integration into diversified portfolios with a recommendation to allocate 1.55% for optimal diversification and portfolio stability. Bitcoin 2025 Target: $160,000 Matrixport, an all-in-one hub for crypto financial services in Asia has predicted bitcoin to hit $160,000 in 2025. This is according to its bitcoin 2025 target report released on Friday, Dec. […] Original
Este artículo también está disponible en español. Bitcoin has remained range-bound between $99,000 and $102,000 since breaking above the psychological $100,000 level. While the breakout initially sparked excitement among investors, the current price action reflects market indecision, with no clear direction for the weeks ahead. Concerns about a potential correction linger as the broader market awaits stronger signals to confirm the next trend. Related Reading Top analyst Axel Adler recently shared insights on X, supported by data from CryptoQuant, highlighting two crucial support levels at $90,000 and $93,000. These levels…
Justin Sun-backed BiT Global has sued crypto exchange Coinbase for unfairly delisting WBTC to uplift a competing Bitcoin product. BiT Global launched a $1 billion lawsuit against Coinbase, alleging the U.S. crypto exchange illegally replaced its Wrapped Bitcoin (WBTC) product with a “knock-off” cbBTC token. Wrapped Bitcoin was the first tokenized Bitcoin (BTC) asset in crypto, allowing users trade BTC on networks like Ethereum. BitGo initially oversaw custody for WBTC since its January 2019 launch. However, BitGo announced a deal in August 2020 to share operations among three companies, including…
Bit Global has filed a $1 billion lawsuit against Coinbase, alleging anticompetitive practices following the delisting of the wrapped Bitcoin token (WBTC) from the exchange. The lawsuit, filed in the U.S. District Court for the Northern District of California, accuses Coinbase of exploiting its dominant position in the market to favor its own product, cbBTC. […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Crypto finance service provider Bitcoin Suisse says the crypto bull market will continue in 2025, and projects that Ethereum staking exchange-traded funds could outperform Bitcoin. Bitcoin Suisse shared the forecast in its outlook for the next year, with key points including the U.S. adopting a Bitcoin (BTC) strategic reserve as other countries follow and BTC trading to an all-time high above $180’000. The Swiss-regulated crypto startup also foresees financial giants stepping up to unveil institutional rollups on Ethereum (ETH). However, one of its biggest projections for 2025 is that Ethereum-staking…
Este artículo también está disponible en español. Singapore-based crypto service provider Matrixport predicts that Bitcoin may reach as high as $160,000 by 2025. In a newly released report, titled Matrix on Target (Issue #2024-112), the firm outlines a scenario in which increased institutional adoption, macroeconomic evolution, and broadening global liquidity could push the leading cryptocurrency to unprecedented levels. Why Bitcoin Will Reach $160,000 In 2025 Matrixport’s research team notes that Bitcoin’s performance in 2024 exceeded multiple key price projections and validated their previous analytical frameworks. According to the report, this…