Day: January 9, 2025

Dogecoin May Beat Bitcoin In Next 6 Months

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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…

Crypto Liquidations Near $690 Million As Bitcoin, Ethereum Crash

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Data shows the cryptocurrency derivatives market has suffered a high amount of liquidations in the past day as Bitcoin and other assets have crashed. Bitcoin, Ethereum Saw Notable Plunges During Past Day The last 24 hours have been red for digital assets, with a bulk of the market observing a drawdown of more than 5%. Bitcoin has been no exception, as its price has slipped under the $95,000 level. It was only a couple of days back that the asset had shown a sharp recovery above the $102,000 mark. The…

Standard Chartered wins license in Luxembourg to offer crypto custody services

Standard Chartered has launched a new entity in Luxembourg to provide crypto custody services across the European Union under MiCA regulation. British multinational financial giant Standard Chartered has launched a new entity in Luxembourg to offer crypto custody services to European Union clients as the E.U. implements the Markets in Crypto Assets — also known as MiCA — regulation. In a Jan. 9 press release, the bank said that the Luxembourg office will be part of the bank’s global push into the crypto space, following the launch of similar services…

Institutional Investors Accumulate Amid Retail Weakness

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Este artículo también está disponible en español. Bitcoin has experienced notable price volatility since the start of the year, with its performance showing mixed signals. Institutional investors, however, appear to have maintained their confidence in the asset despite recent market corrections. According to a recent analysis shared by CryptoQuant contributor caueconomy on the QuickTake platform, institutional players have been strategically accumulating Bitcoin, suggesting long-term confidence in the asset’s value trajectory. Related Reading Bitcoin Institutional Accumulation Signals Market Confidence caueconomy revealed that on December 21, investors sold approximately 79,000 BTC within…

Glassnode: Crypto Market Shifting to Selling Phase as Big Whales Dump Bitcoin

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Glassnode recently disclosed that the bitcoin market shifted to a new phase this year, following the rise to over $100K experienced after President Donald Trump’s victory in the polls. Glassnode states that the movements of whales indicate that a distribution phase has already started. Glassnode Numbers Suggest Crypto Markets Are Entering a Distribution Phase Glassnode, […] Original

Bitcoin ETF outflows hit three-week high

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Spot Bitcoin exchange-traded funds in the United States recorded their highest outflow day on Jan. 8 over the last three weeks as Bitcoin briefly dipped under $93k, resulting in market-wide panic among investors. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $582.9 million in outflows on Tuesday, ending a three-day inflow streak that had brought nearly $2 billion into these funds. The outflows on Tuesday also marked the highest since Dec. 19, when these investment products experienced $680 million in outflows. Fidelity’s FBTC led the outflows on…

Bitcoin May Rally In Q1 2025 Driven By US Fed’s Money Printing, Predicts Arthur Hayes

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Este artículo también está disponible en español. In a recent blog post, serial crypto entrepreneur and commentator Arthur Hayes predicted that fresh liquidity injections into the US economy following President-elect Donald Trump’s inauguration could spur a Bitcoin (BTC) rally in Q1 2025. Money Printing To Propel Bitcoin? Despite surging past $100,000 on January 6, BTC faced a sharp decline to as low as $94,543 earlier today, casting doubt on the so-called “Trump rally” that many expected to last until Trump’s inauguration on January 20. Related Reading Recent market action aligns…

Whistleblowers Expose FDIC Operation Chokepoint 2.0 Coverup and Disinformation Campaign

A group of insiders at the FDIC has blown the lid on a coverup of the agency’s procedures to avoid having its Operation Chokepoint 2.0 linked documents released through FOIA requests. Additionally, the institution would run disinformation campaigns against its detractors on social media. FDIC Shenanigans Allegedly Exposed: Hiding Documents in Operation Chokepoint 2.0 Coverup […] Source CryptoX Portal

Thai authorities unplug Bitcoin mine that stole millions of baht in electricity

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Thailand’s Provincial Electricity Authority has shut down a Bitcoin mining farm for tampering with power meters to steal electricity worth hundreds of millions of baht. According to local media, the PEA, in collaboration with the Crime Suppression Division, has seized 996 Bitcoin mining rigs during a raid on the mining farm located in the Phanat Nikhom district of Chonburi. Authorities discovered the operators of the farm had tampered with their electricity meters to use electricity for mining operations largely free of charge, leading to millions of baht in losses for…

Toncoin Could See A 65% Surge In The Next 43 Days—Here’s Why

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…