Day: January 3, 2025

Bitcoin To Hit $225,000 By EOY, Says Venerable Investment Bank

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Este artículo también está disponible en español. In a newly released investor note, one of the oldest US investment banks H.C. Wainwright & Co. —established in 1868—is projecting substantial upswing for the Bitcoin price. According to the note, the institution has revised its previous Bitcoin price target for the end of 2025 from $145,000 to $225,000, underpinned by a confluence of historical trends, macroeconomic indicators, and emerging regulatory and institutional factors. “We estimate BTC will reach a cycle high of $225,000 by YE2025,” stated the firm, referencing both market cycles…

Crypto charts to watch in 2025: Bitcoin, Solana, XRP

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Bitcoin is back above $96,000, recovering from its December 31 drop to support at $92,000. Crypto markets are recovering from a correction and altcoins have started their recovery, as anticipation for pro-crypto regulation and policy in the U.S. brews in 2025.  President-elect Donald Trump’s inauguration is less than three weeks away and this could influence crypto markets and altcoin prices. Top three tokens where price swings and changes are expected to occur are Bitcoin (BTC), Solana (SOL) and Ripple (XRP).  On-chain metrics support gains in Bitcoin, XRP and Solana  Open…

Lackluster Shine: Gold ETF Selloff Ensues as Investors Shift to More Profitable Alternatives

In 2024, gold-based exchange-traded funds (ETFs) experienced outflows for the fourth consecutive year as investors preferred to shift to more lucrative alternatives. According to Bloomberg, the rise in gold prices and the Fed’s easing measures were insufficient for traders to maintain their gold positions, as these funds experienced a decline of over 2.5% in their […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Solana Reclaims $200, Sparking Optimism In The Crypto Market

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Binance Reaches Milestone in Brazil, Becomes First Exchange With Securities Brokerage Capabilities

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Binance has become a pioneering cryptocurrency exchange in Brazil following the approval of its acquisition of Sim;paul Investimentos, a securities brokerage platform. With this acquisition, Binance can now offer a full range of investment options, including securities, stocks, and funds for Brazilian customers. Binance Gets Greenlight For Sim;paul Investimentos Acquisition in Brazil Binance, one of […] Source

Eric Trump and Michael Saylor Discuss Bitcoin at Mar-A-Lago

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Eric Trump shared details of a meeting with Michael Saylor, co-founder and Executive Chairman of MicroStrategy, at Mar-a-Lago.  Setting the tone, in a post on X, Eric Trump, Executive Vice President of The Trump Organization, described the meeting as “Two friends, one passion: Bitcoin”, on Jan. 3. Their interaction speaks to growing ties between big-name people in business and the Bitcoin (BTC) ecosystem amid the rising prominence of cryptocurrency in elite circles. The meeting and its attendant opinions come in the wake of increasing interest in BTC within the Trump sphere.…

Solana Pump.Fun Hits $15M Daily Revenue Amid Memecoin Craze

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Este artículo también está disponible en español. Popular Solana-based Launchpad Pump.fun started 2025 with a record-breaking $15 million daily revenue amid the ongoing frenzy surrounding memecoins. The sector continues to be the best-performing narrative of the cycle, driving millions into the hands of investors. Related Reading Pump.Fun Sees Record-Breaking Daily Revenue Memecoins have been this cycle’s largest narrative, with Solana-based tokens stealing the spotlight throughout 2024. This trend is seemingly set to continue this year after Solana’s launchpad Pump.fun saw a record-breaking performance on January 1st, 2025. Last year, Pump.fun…

BlackRock’s IBIT bleeds $332m in record daily outflow from the BTC ETF

BlackRock’s iShares Bitcoin Trust (IBIT) recorded its highest single-day outflow on Jan. 2, as the 12 Bitcoin exchange-traded funds collectively experienced $242.3 million in outflows when trading resumed in the U.S. According to data from SoSoValue, BlackRock’s spot BTC ETF recorded $332.62 million in outflows on Thursday marking its largest-ever outflow day since its launch on Jan. 11, 2024. The outflows seen by the BTC ETF extended their outflow streak to three consecutive days marking another record, which saw $392.6 million withdrawn from the fund. The recent outflows may be…

Crypto scam victim files $3m lawsuit against three Asian banks

Three Asian banks are being sued after they allegedly failed to protect a customer from a $1 million crypto scam by neglecting basic Know Your Customer and Anti-Money Laundering checks. Ken Liem, a resident of California, has filed a lawsuit against three banks, namely Hong Kong-based Fubon Bank Limited and Chong Hing Bank Limited, alongside Singapore-based DBS Bank, after crypto scammers duped him out of nearly $1 million through accounts hosted by these banks. Pig butchering scams involve manipulating a victim by pretending to be a romantic interest or a…

How Grayscale’s 2025 Unlocks Could Shake The Market

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Este artículo también está disponible en español. On Thursday, as the broader cryptocurrency market showed signs of recovery, Solana (SOL), one of the leading altcoins, surged past the $200 mark, reflecting an 8% increase over the past 24 hours.  This upward momentum brings the sixth-largest cryptocurrency by market capitalization closer to its all-time high achieved in November 2024. However, market experts caution that Solana may face significant pressure in the coming days. A Double-Edged Sword For Solana Investors Ben Lilly, a market analyst at Jarvis Labs, recently highlighted potential risks…