Bitcoin Traders Turn Bearish Despite Price Recovery Above $97,000, Here Are The Numbers

Este artículo también está disponible en español. The Bitcoin price has recovered above $97,000, providing a bullish outlook for the flagship crypto. Despite this development, BTC traders still look apprehensive as their strategy suggests they are still bearish on the current price action.  Bitcoin Traders Turn Bearish Following Price Recovery In an X post, crypto analyst Ali Martinez revealed that Bitcoin traders have turned bearish despite the price recovery above $97,000. The crypto analyst mentioned that the percentage of traders on Binance betting BTC will rise has declined from 66.35%…

Chainalysis: Stablecoins Emerge as the Cornerstone of Illicit Crypto Activity in 2024

Illicit cryptocurrency activity reached significant levels in 2024, with $40.9 billion directed to wallets linked to criminal activities, according to the latest report from Chainalysis. As blockchain systems continue to mature, malicious actors are adopting increasingly sophisticated techniques and refining their operations into organized ventures. Chainalysis Report Highlights Increasing Professionalization of Crypto Crime The report […] Source CryptoX Portal

New 40,000% forecast from Bitcoin veteran who called Dogecoin’s 2021 surge

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin veteran predicts a 40,000% increase for WallitIQ, reminiscent of his accurate prediction of the Dogecoin price rally in 2021. In recent news, a Bitcoin veteran known for accurately predicting the Dogecoin price surge in 2021 is back with astonishing new forecasts. This time, the spotlight is on WallitIQ (WLTQ) and its potential for a 40,000% rally, igniting intrigue across the crypto community. Dogecoin Dogecoin is experiencing significant momentum,…

Sony Launches Blockchain to Controversy

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller, CoinDesk’s Opinion and Features editor. In this issue: Sony’s blockchain faces memecoin controversy Bubblemaps readies BMT and new intel desk Babylon enhances Bitcoin’s interoperability Prosecutors seek 95k BTC Bitfinex return This article is featured in the latest issue of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday. Also please check out our weekly The Protocol podcast. Network news…

Market Frenzy: Bitcoin Hits $100,715 Amid Trump Policy Buzz

Bitcoin crossed the $100,000 threshold today, briefly reaching an intraday peak of $100,715 before easing back to $99,700 at press time. Bitcoin Hits $100K High on Wave of Trump Administration Speculation This price milestone represents a critical psychological and market-level achievement for bitcoin, accompanied by broader gains across the cryptocurrency sector. XRP and XLM posted […] Original

Expert Sees Bitcoin Dipping To $50K While Bullish Signs Persist

Este artículo también está disponible en español. After rocketing up to the highs of $108,000 in December 2024, Bitcoin now has fallen to about $96,000. This has led to renewed debate among analysts as to what this means for the leading cryptocurrency. Some think that it may all be a warning, but others, such as Fundstrat’s Tom Lee, are still bullish long-term. Related Reading $50,000 The Worst-Case Scenario? Recently, Tom Lee shared his opinions with CNBC during an interview as a response to the fears regarding Bitcoin’s latest retreat. He…

Tether sues Swan Bitcoin over Bitcoin mining venture dispute

Stablecoin issuer Tether has filed a lawsuit against Swan Bitcoin in the High Court of England and Wales. The lawsuit alleges breaches of contract related to their joint Bitcoin (BTC) mining venture, 2040 Energy. Tether, alongside its co-claimant 2040 Energy Limited, claims Swan’s actions have violated their agreements, prompting legal action to protect their investment. According to a report by Blockspace, Tether asserted that it has fulfilled its obligations while accusing Swan of misconduct. Swan, acknowledging the lawsuit, declined to provide detailed comments but pledged to “vigorously defend” its position.…

Bitcoin surges back to $100k amid U.S.-themed bullish news

Bitcoin price surged to reclaim the $100,000 level on Jan. 15 as the flagship digital asset emerged from a turbulent start to the year. After weathering bearish pressure near the $90,000 area this past week, Bitcoin (BTC) price steadily climbed to recover above the six-digit mark. While another correction could still happen, market sentiment remains optimistic about the potential impact of Donald Trump’s inauguration and what the start of his presidency may mean for cryptocurrencies. Market intelligence and on-chain analytics platform Santiment pointed to the broader macroeconomic landscape as a…

JPMorgan’s Jamie Dimon says Bitcoin is ‘fraud’

Is Jamie Dimon’s criticism of Bitcoin justified, or is it overshadowed by JPMorgan’s blockchain investments and data showing crypto’s decreasing role in crime? Jamie Dimon fires again When JPMorgan Chase CEO Jamie Dimon speaks, the financial world pays close attention. His opinions on Bitcoin (BTC) are often polarizing, and his latest comments are no exception. In a Jan. 12 interview with CBS News, Dimon reiterated his long-standing view that Bitcoin “has no intrinsic value” and is “heavily used by sex traffickers, by money launderers, ransomware.”  While he clarified that he…