Day: January 6, 2025

5 Cryptos With the Most Growth Potential in 2025

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Cryptocurrency remains one of the fastest-moving markets, with 2025 showing immense promise for emerging and established tokens alike.  A big-picture look at the market shows steadily increasing market capitalization, creating prime investment opportunities wherever you look. Total crypto market capitalization Source: Coinmarketcap Meme coins stole the spotlight in 2024, but the new year brings a focus on utility, scalability, and unique value propositions. That’s not to say that memes are going away, of course; crypto investors will always have a soft spot for Pepe the Frog or Shiba Inu. With…

CleanSpark mined 668 Bitcoin in December, holds 9952 BTC

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CleanSpark Inc., a publicly traded Bitcoin mining company, mined 668 Bitcoin in December 2024.  The company sold 12.65 Bitcoin during the same period at an average price of $101,246 per Bitcoin (BTC). By year-end, CleanSpark held 9,952 Bitcoin in its reserves, according to a company release.  For 2024, CleanSpark reported mining a total of 7,024 Bitcoin, marking a significant increase in its operational capacity. The company’s computing power, or hashrate, grew to 39.1 exahashes per second, reflecting the speed and power of its mining operations. Additionally, CleanSpark improved its energy…

MicroStrategy adds 1,070 more Bitcoin, holdings reach 447,470 BTC

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MicroStrategy, the business intelligence firm known for its aggressive Bitcoin investment strategy, acquired an additional 1,070 BTC last week for approximately $101 million.  The company disclosed the purchase in an SEC filing on Jan.6, noting an average acquisition price of $94,004 per Bitcoin (BTC). This latest acquisition brings MicroStrategy’s total Bitcoin holdings to 447,470 BTC, purchased at an aggregate cost of $27.97 billion, including fees and expenses. The company’s average price per Bitcoin now stands at $62,503. At current market rates, the value of MicroStrategy’s Bitcoin holdings exceeds $44 billion,…

Introducing Stacknova AI – The World’s First AI-Powered Bitcoin Launchpad

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PRESS RELEASE. Stacknova eliminates these obstacles with a transformative platform built on Stacks Layer 2 technology. Trustless smart contracts and scalable infrastructure extend Bitcoin’s capabilities without compromising its core principles. Recent innovations like the Nakamoto upgrade further enhance transaction speeds and introduce Bitcoin-pegged assets like sBTC, unlocking liquidity and enabling Bitcoin to function as a […] Original

NFT sales hit second-highest level of 2024 in December, data shows

Ending the year on a high note, December’s sales of non-fungible tokens climbed to $877 million, making it the second-best month in 2024. Blockchain-based digital collectibles had a strong December, with $877 million in sales, making it the second-best month of 2024. This boost wrapped up a wild year for the NFT market, which saw a sharp recovery in the last quarter. CryptoSlam data shows that NFT sales for 2024 finished at $8.83 billion, surpassing 2023 by over $100 million. While the 1.1% growth might not seem huge, it highlights…

Bitcoin Gains Momentum, Approaching The $100,000 Benchmark With Strong Support

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Este artículo también está disponible en español. Bitcoin is capturing global attention as its price surges toward the monumental $100,000 mark, a level that holds psychological and technical significance in the cryptocurrency market. This move is backed by strong market support and rising optimism among institutional and retail investors. The current uptrend showcases Bitcoin’s resilience as key support levels have successfully absorbed selling pressure, paving the way for sustained bullish momentum. Analysts suggest that the ongoing rally could redefine market dynamics, potentially attracting a new wave of capital and solidifying…

Saylor’s Bitcoin Empire Grows: $101M Purchase Adds 1,070 BTC to Vault

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On Mon., Jan. 6, 2025, business intelligence firm Microstrategy unveiled its latest acquisition: 1,070 BTC for approximately $101 million. This purchase elevates the company’s holdings to a monumental 447,470 BTC. Michael Saylor, Microstrategy’s founder, had hinted at the move the previous afternoon, cryptically noting, “Something about Saylortracker.com is not right.” Saylor has made a habit […] Original

XRP Eyes $11, But a Correction Might Come First: Analyst

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Este artículo también está disponible en español. XRP, the cryptocurrency behind Ripple, has been a hot topic lately, with analysts predicting a possible price increase to $11. However, before this can happen, XRP has to face a significant challenge: a short-term price correction. Despite the positive long-term view, the asset is expected to face a pullback before any meaningful rally can take place. Resistance at $2.73 is currently the key level XRP must overcome for further price movement. Crypto analyst Ali Martinez sees this resistance as crucial for the maintenance…

The Overture to 2025 Strikes a Familiar Chord

By Omkar Godbole (All times ET unless indicated otherwise) The overture to 2025 has a familiar tune. It’s not just the numbers: Bitcoin’s 8% recovery from late December, but the news flow is equally recognizable. Perhaps the most important note comes from JPMorgan, which says the market forces that drove bitcoin and gold to records last year are still around. “The debasement trade is here to stay, with both gold and Bitcoin becoming increasingly important components of investors’ portfolios,” the investment bank wrote. The debasement trade is a strategy where…