Este artículo también está disponible en español. Bitcoin has been faced with a challenging start to 2025 with a rejection at the $100,000 mark. Notably, Bitcoin has been unable to hold substantially above the $100,000 price level since it first broke through in early December, and multiple breakouts have been followed by rejections. The most recent rejection came last week when the price peaked at $102,000 on Monday, only to reverse sharply and fall to $92,000 by Thursday. Related Reading This continued tug-of-war has brought the bearish case for BTC…
Day: January 12, 2025
NFT market defies crypto dip, Do Kwon trial date set, North Dakota eyes Bitcoin
24h Volume $17,705,706,941 Market Cap $1,867,467,940,720 24h Low/High $93,728.00 / $95,244.00 Original
Bitcoin To $350,000? Top Crypto Influencer Makes Bold Prediction
Este artículo también está disponible en español. Jeremie Davinci, a prominent player in the cryptocurrency domain, has garnered attention with his audacious forecast that Bitcoin may attain an extraordinary value of $350,000. This forecast, lately disseminated on social media, is predicated on historical trends and the present dynamics of Bitcoin mining expenses. Related Reading The current expense for miners to generate one Bitcoin is approximately $70,000. Davinci indicates that historically, under positive market conditions, Bitcoin has frequently surpassed its mining cost by a ratio of five. This association indicates that,…
Ethereum Meets Artificial Intelligence With Lightchain AI
PRESS RELEASE. The blockchain world is gaining a revolutionary new player, and it’s set to transform the way we view both Ethereum and artificial intelligence. Meet Lightchain AI, a groundbreaking project that blends Ethereum’s powerful decentralized ecosystem with cutting-edge AI technology. Launching near the end of January, Lightchain AI is paving the way for a […] Source CryptoX Portal
Micheal Saylor hints at another Bitcoin purchase as holdings reach 447,470 BTC
Michael Saylor, executive and former MicroStrategy CEO, hinted at another Bitcoin purchase via a cryptic tweet. Saylor posted a screenshot referencing the “next green dot” on the Saylortracker chart, where each dot represents a Bitcoin (BTC) acquisition. The suggestion comes as MicroStrategy’s Bitcoin holdings reach 447,470 BTC, currently valued at $42.24 billion. The company’s most recent purchase happened on January 6, 2025. This was when the company added 1,070 BTC at an average price of $94,004 for $101 million. This latest acquisition continues MicroStrategy’s aggressive accumulation strategy, which yielded great…
Can Bitcoin Hit $200K This Year? Prediction Markets Weigh the Odds
On Jan. 12, 2025, bitcoin’s price has been drifting within the $95,000 range, while market participants on prediction platforms such as Kalshi and Polymarket are placing their bets on its future trajectory. Currently, a Polymarket wager suggests a 12% likelihood that bitcoin could climb to $120,000 by the close of the month. Kalshi and Polymarket […] Original
How Funds Have Fared So Far
Este artículo también está disponible en español. The introduction of Spot Bitcoin exchange-traded funds (ETFs) in the United States marked a historic milestone for the cryptocurrency market. These Spot Bitcoin ETFs, which first went live in the US on January 11, 2024, have had massive success in just one year, making them the greatest ETF launch in history. Related Reading As it stands, US-based Spot Bitcoin ETFs have now become one of the major drivers of Bitcoin’s price growth and played a huge role in Bitcoin’s break above $100,000. Furthermore,…
Dormant BTC Awakens: Over 750 Sleeping Bitcoin Enter Circulation as Prices Consolidate
During the initial 12 days of 2025, approximately 756.204 dormant bitcoins (BTC), valued at $71.8 million, have reentered circulation after years of inactivity. This revival occurs as bitcoin is trading 12% below its peak of $108,364, achieved 26 days prior on Dec. 17, 2024. $71M Worth of Sleeping Bitcoin Resurfaces This month has so far […] Original
Ethereum Spot ETFs Suffer $186 Million Outflows As New Year Struggles Persist – Details
The Ethereum Spot ETFs experienced another tumultuous trading week in 2025 resulting in an overall net outflow. At the same time, the Ethereum market showed similar struggles as the prominent altcoin declined by 10% over the past seven days. Ethereum ETFs Net Assets Drop Below $12 Billion Amid Strong Outflows Following a negative performance in the first week of 2025, the Ethereum Spot ETFs are struggling to rediscover their bullish form as another trading week was marred by higher withdrawals than deposits by investors. According to data from ETF tracking…
Latam Insights: El Salvador’s DOJ Bitcoin Watch, Chile’s Bitcoin Bench
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, El Salvador wants to buy DOJ’s bitcoin at a discount, Chilean lawmakers plan to establish a bitcoin bench, and El Salvador’s bitcoin adoption might be spearheading the […] Original