Day: January 9, 2025

What To Expect After The Bitcoin Price Crash Below $100,000

boss

Este artículo también está disponible en español. The crypto market faces renewed volatility and uncertainty following the recent Bitcoin price crash below the $100,000 mark. As a result, a crypto analyst has shared a rather lengthy X (formerly Twitter) post outlining what to expect following this significant decline. He warns of critical levels to watch as selling pressures intensify, noting that both macro and technical indicators paint a mixed picture of Bitcoin’s short-term price trajectory.   Key Levels To Watch After The Bitcoin Price Crash According to prominent crypto analyst Ali…

US-based Bitcoin reserves flipped foreign holdings, now 65% greater

boss

Bitcoin held by U.S. firms far exceeded reserves boasted by offshore counterparts as spot ETFs and Trump’s win unlocked a wave of capital. According to CryptoQuant analysis, Bitcoin (BTC) reserves domiciled in the U.S. outpace holdings in offshore control by 65%. Data shows the ratio of U.S. entities’ BTC treasuries versus tokens owned by non-U.S. institutions reached 1.65 on Jan. 6. The ratio is calculated by dividing public U.S. BTC reserves by foreign-based holdings, CryptoQuant CEO Ki Young Ju explained on X. The findings are in. We surveyed 430 financial…

Massive Crypto ETF Exodus: $742M Vanishes Overnight

Recent data reveals that spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) experienced collective net outflows amounting to $742.24 million. Blackrock, Valkyrie, and Grayscale Among Crypto ETFs Hit by $742M Reduction On Wednesday, U.S.-based bitcoin and ethereum ETFs faced significant reductions, with bitcoin ETFs losing $582.90 million and ether ETFs seeing $159.34 million in […] Source CryptoX Portal

U.S. still holds $6.5b in seized Silk Road Bitcoin

boss

U.S. authorities have not executed any new Bitcoin sales, despite reports suggesting that the Department of Justice had authorized a massive offload. Blockchain intelligence platform Arkham confirmed that billions in seized Silk Road and FBI-confiscated Bitcoin (BTC) remain in U.S. government-controlled addresses as of Jan. 9. The data provider shared on-chain proof confirming a $6.44 billion balance amid chatter suggesting authorities were selling.  Rumors of the sale began circulating after reports that the DOJ had cleared 69,370 BTC for liquidation. According to these reports, a federal judge ruled on the…

Dogecoin Hits A ‘Blood In The Streets’ Moment: Buy Or Sell Now?

boss

Este artículo también está disponible en español. Dogecoin (DOGE) has again found itself in the crosshairs of market watchers, with a “blood in the streets” moment emerging according to data from on-chain analytics firm Santiment. The firm’s latest research, shared on January 8 via X, highlights a series of negative MVRV (Market Value to Realized Value) ratios across the crypto landscape—encompassing Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Dogecoin. “Average trading returns are a great representation of whether ‘buying low’ or ‘selling high’ is actually the right timing,” Santiment stated,…

Bitcoin Meets AGI: Could AI’s Evolution Lead to Bitcoin Becoming Its Default Currency?

boss

Earlier this week, a Reddit post sparked a thoughtful discussion about artificial intelligence (AI) potentially adopting bitcoin in the era of artificial general intelligence (AGI). The conversation revolved around the idea that, as AI matches or surpasses human-level intelligence across a wide array of tasks, it might naturally turn to bitcoin as the leading cryptocurrency. […] Original

Bitcoin miner CleanSpark hits 10,000 BTC in its treasury

boss

CleanSpark, a U.S.-listed Bitcoin miner, has surpassed 10,000 BTC in its treasury, a milestone achieved entirely through its self-mining operations. According to an announcement CleanSpark shared on Jan. 9, its Bitcoin (BTC) treasury reached 10,097 BTC, all mined through its own activities. The milestone came a day after the company revealed it had mined 668 BTC in December 2024. The company’s Bitcoin treasury as of the end of last year stood at 9,952 BTC. “Surpassing the 10,000-bitcoin mark reflects CleanSpark’s commitment to operational excellence, strategic growth, and disciplined capital management,”…

Building Bridges to the Mainstream

In today’s issue, Leo Mindyuk from MLTech provides a crypto outlook for 2025 and highlights key factors that could drive the adoption of these assets. Then, Miguel Kudry from L1 Advisors shares his insights on the topic in Ask and Expert. –Sarah Morton You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday. 2025 Outlook for Crypto Adoption: Building Bridges to the Mainstream The crypto industry is entering 2025 with a renewed sense of purpose. Over the past…

Bitcoin, crypto prices throttled by macro headwinds: QCP

boss

Crypto prices slipped this week as the Fed’s minutes revealed a hawkish outlook due to increasing inflation concerns. Bitcoin (BTC) and the broader cryptocurrency market buckled on Jan. 9, extending a multi-day downturn with the total digital asset sector down 4% to $3.37 trillion in 24 hours. A QCP Capital researcher wrote on Telegram that macro headwinds weighed on crypto prices after minutes from a Federal Reserve meeting shared late on Wednesday, Jan. 8. Fed governor Christopher J. Waller said the central bank would stagger any further rate cuts to…

Donald Trump Bitcoin Digital Trading Cards Launched on Ordinals Protocol

boss

The President’s love for crypto continues to shine with the launch of his latest NFT collection on the Ordinals protocol. Trump Debuts Bitcoin Digital Trading Cards President-elect Donald Trump‘s non-fungible token (NFT) collection debuted its first 160 products, the “Trump Bitcoin Digital Trading Cards” on Bitcoin through the Ordinals protocol. NFT marketplace Magic Eden is […] Original