Day: January 8, 2025

Dogecoin Liquidations Cross $24 Million As Bulls Suffer Double-Digit Beat Down

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Este artículo también está disponible en español. Amid the wider market decline, meme coin Dogecoin has seen its price retrace by about 10% in the past 24 hours. At the same time, data from Coinglass shows that over $24 million worth of Dogecoin positions have been liquidated in the ensuing decline in the past 24 hours. Coinglass Data Highlights Extent Of Dogecoin Liquidations According to data from Coinglass, Dogecoin liquidations have been among the most significant in the market in the past 24 hours, as leveraged positions failed to withstand…

Bitcoin price is still bullish despite recent weakness: legendary trader

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Bitcoin price pulled back this week, falling from its all-time high of $108,200 to below $95,000 as concerns over the bond market persisted. Bitcoin (BTC) dropped sharply on Tuesday as U.S. bond yields surged to their highest levels in over two years following stronger-than-expected job vacancy data. The bond market sell-off continued on Wednesday, pushing 30-year and 10-year yields to 4.95% and 4.70%, respectively. Rising yields suggest the market expects the Federal Reserve to maintain its hawkish stance throughout the year. The release of Wednesday’s Federal Reserve minutes and Friday’s…

Fidelity Predicts Who Will Lead In 2025

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Este artículo también está disponible en español. Fidelity Digital Assets, a subsidiary of global financial services firm Fidelity Investments, has released a new paper titled “2025 Look Ahead: Is it ‘too late’ to enter digital assets?” The publication dedicates significant attention to the ongoing competition between Ethereum and Solana. Authored by Max Wadington, the section “Ethereum Outlook” provides a close look at fundamental metrics, upcoming network upgrades, and the broader implications for investors heading into 2025. Solana Vs. Ethereum In 2025 In a notable excerpt comparing Solana and Ethereum, Wadington…

Stacknova.ai Raises $600,000 to Build the World’s First AI-Powered Bitcoin Launchpad

PRESS RELEASE. Achieving its Presale Stage 1 milestone, Stacknova sets the stage for transforming Bitcoin DeFi with AI-driven innovation. Early backers validate its vision as Stage 2 launches soon. Stacknova.ai proudly announces the successful completion of Presale Stage 1, securing $600,000 in funding to fuel the development of the world’s first AI-powered Bitcoin launchpad. This […] Source CryptoX Portal

Crypto Tug-of-War: Bitcoin ETFs Rise, Ether ETFs Suffer

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Data compiled on Jan. 8, 2025, reveals a contrasting performance among cryptocurrency exchange-traded funds (ETFs). On Tuesday, the 12 spot bitcoin ETFs attracted $52.39 million in net inflows, while the nine spot ether ETFs posted a combined loss of $86.79 million. $86M Outflow Hits Ether ETFs Amid Modest Bitcoin ETF Gains According to Sosovalue stats, […] Original

Bitcoin Dominance Fuels $585 Million Crypto ETP Inflows In 2025

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Este artículo también está disponible en español. Bitcoin and crypto ETPs continue their impressive performance just a week into the new year. According to a CoinShares report filed by James Butterfill, crypto ETPs saw massive $585 million inflows in the first few days of the year. Analysts say this early strong performance of the crypto ETPs continues the impressive run of the assets from last year. Related Reading In the same CoinShares report, crypto ETPs achieved over $44 billion outflows in 2024, with Bitcoin as the most-traded digital asset. Bitcoin…

Bhutan’s GMC Adopts Bitcoin and Other Digital Assets in City’s Strategic Reserves

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The addition of bitcoin, ethereum, and binance coin as part of GMC’s strategic reserves will expand Bhutan’s digital assets ecosystem. Bhutan’s GMC Adds BTC, ETH, and BNB to its Strategic Reserves Bhutan‘s new special administration region, Gelephu Mindfulness City (GMC) has announced that it will acknowledge digital assets like BTC, ETH, and BNB as part […] Original

Wall Street Pepe Raises $45M

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2025 is shaping up to be the year of the Frog, if presales for Wall Street Pepe ($WEPE) are anything to go by. They’re just dollars away from hitting the $45M mark, which suggests that this is the meme coin that could outperform all others this year. Obviously, we can’t predict anything for sure. If we could, we’d be sitting at our beach resort in Cancun with our cocktails with the little umbrellas in it. But our expert opinion, after careful analysis, is that Wall Street Pepe is in pole…

Bitcoin could drop under $88k if it fails to hold $95k support: analyst

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Bitcoin could potentially tumble down to $88,000 if it fails to hold the key support level at $95k, according to an analyst. Bitcoin (BTC) dropped 6% over the past day, falling below $96K as a spot sell-off driven by macroeconomic concerns pushed BTC price action to a “pivotal” level, contributing to an 8.4% slump in the global crypto market. According to analyst Skew, following Bitcoin’s recent dip, a further drop to $95K—just $300 away at press time—could potentially lead BTC to retest levels as low as $88K. “Right around 1D…

Cardano Whales Go On Buying Spree As Price Attempts Breakout

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Este artículo también está disponible en español. Cardano (ADA) started the year recovering the key $1 support zone, which has propelled its price to weekly highs. The bullish momentum has attracted whales, while some crypto analysts believe that ADA’s rally is around the corner. Related Reading Cardano Whales Fill Their Bags In November, Cardano surged to the $1 mark for the first time in over two years, leading the crypto market after the post-election rally. However, the cryptocurrency faced one of its largest one-day retraces amid the December corrections, losing…