Day: January 9, 2025

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

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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

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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

The 5 Best Crypto To Buy as DOJ Prepares to Sell $6.5B Bitcoin

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Bitcoin has been on a rollercoaster ride lately. It finally broke through the $100K mark in early December and peaked at $108K on December 17. But it’s been slightly downhill for the $BTC price since then, starting this week off at around $98K.  And now, a recent announcement by the US Department of Justice (DOJ) has seen Bitcoin take a rough tumble, down to $93K. The DOJ has been given the green light to sell 69,370 $BTC (around $6.5M) that had been seized from a darknet marketplace.  Source: CoinMarketCap Reportedly,…

How to Recover a Lost Bitcoin Wallet Password by KeychainX

An Introduction to Bitcoin Wallet Types Recovering lost Bitcoin wallet passwords is a challenge that many individuals face. This guide, prepared in July 2024, provides an overview of various wallet formats and methods to recover Bitcoin wallet passwords effectively. Can a Lost Bitcoin Password Be Recovered? Yes, recovering a lost Bitcoin password is possible with […] Source CryptoX Portal

3 reasons why Bitcoin price may surge to $123k in January

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Bitcoin price has crashed this week amid ongoing jitters about the bond market and a relatively hawkish Federal Reserve. Bitcoin (BTC) fell below $95,000, triggering a steeper sell-off among altcoins. However, there are signs that the coin may bounce back and possibly hit $122,000 in January. Bitcoin balances on exchanges are falling One key reason why BTC’s price may rebound in January is the ongoing imbalance between demand and supply. Demand has continued to rise this year, as evidenced by growing ETF inflows.  Spot Bitcoin ETFs have added a net…

Thumzup Media Buys $1 Million Worth of Bitcoin

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Another publicly traded U.S. firm adds bitcoin to its balance sheet with Thumzup Media’s $1 million purchase. Thumzup Wants to Hold 90% of its Liquid Assets in Bitcoin Thumzup Media Corp., a publicly traded firm in the U.S. announced the acquisition of 9.783 BTC worth about $1 million with an average price of $102,220 per […] Original

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…