It’s instructive to look back to see how much difference one week can make. Participants weathered volatile bitcoin price action, the marque crypto asset dropped 10%. Despite spot bitcoin ETF outflows and macroeconomic concerns on the negative side, the bullish sentiment around blockchain activity on the positive helped keep most people bullish. This editorial is […] Original
Bitcoin price resumed its bullish trend and neared its all-time high of $108,200 ahead of Donald Trump’s inauguration and after the encouraging U.S. inflation data. Bitcoin (BTC) rose to a high of $105,847, its highest level since Dec. 18, and significantly higher than this week’s low of $82,055. Crypto investors are likely cheering the upcoming Trump inauguration and the potential regulatory changes that could follow. Trump has pledged to be a crypto-friendly president and seeks to make the U.S. the crypto capital of the world. While the U.S. already mines…
TOKYO, Jan. 17, 2025 /CNW/ — GOLFIN, the pioneering Web3-based Golf2Earn platform, has been announced as the official sponsor of Web3 Hub Davos 2025. The event, taking place from January 20–23, 2025, in Davos, Switzerland, runs alongside the World Economic Forum’s Annual Meeting and will highlight the latest advancements in Web3, blockchain, and decentralized technologies across industries. Golfin is set to showcase how Web3 technology is reshaping the future of golf. Golfin’s Key Highlights at Web3 Hub Davos 2025: Exclusive Presentation: Golfin’s founder Ken Komatsu and strategic advisor John Kojiro Moriwaka…
The TRUMP meme coin, the official Donald Trump cryptocurrency, took the crypto world by storm upon its launch on Friday. Within hours, it became the hottest topic in the market, captivating investors and enthusiasts alike. By Saturday morning, as the U.S. woke up to the news, the TRUMP coin had skyrocketed to an astonishing $30, marking a jaw-dropping 12,000% increase from its launch price. Related Reading The exponential rally that unfolded overnight now seems like just the beginning. The coin’s meteoric rise barely makes a dent in its increasingly vertical…
The Bitcoin price appears to have finally started recovering strongly in the past few days, breaking through the $100,000 ceiling on Thursday, January 16. The premier cryptocurrency didn’t stay more than a day above this level the last time it surpassed a six-figure valuation. However, the price of Bitcoin has returned to as high as $105,000 this time around, its highest level so far in 2025. Interestingly, it appears that this might only be the beginning of an even bigger rally for the Bitcoin price over the next 12 months.…
The Indian crypto exchange WazirX says it has frozen $3 million worth of the stablecoin USDT connected to the massive $230 million hack on its platform last year. WazirX says the freeze represents an “important milestone” in recovering user assets. “Why This Matters: » Rapid Action: Freezing the funds stops them from being moved and helps with the recovery process. » Focus on Recovery: Every measure is being taken to address the cyberattack’s impact and recover additional funds. » Commitment to Users: Every amount frozen & recovered strengthens our mission…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
El Salvador shook the world in 2021 when President Nayib Bukele made bitcoin (BTC) legal tender, giving the cryptocurrency the same status as the U.S. dollar, the Central American nation’s official currency. Since then, El Salvador has constituted a bitcoin reserve worth roughly $630 million, established one of the most advanced crypto regulatory frameworks in the world, promised to issue $1 billion in bitcoin-backed government bonds and even convinced stablecoin giant Tether to relocate its headquarters to the country. But one of the country’s most rewarding successes has been its…
Bitcoin, currently priced at $103,737 to $104,266 over the last hour with a market capitalization of $2.05 trillion, a 24-hour trading volume of $49 billion, and an intraday range oscillating between $102,214 and $105,850, reflects a heightened state of market dynamism in the lead-up to Donald Trump’s inauguration. Bitcoin From the perspective of the daily […] Original
Wall Street has recently found a good friend in AI. Market experts and participants have been using various AI models to predict the market and pick the next multi-bagger coin. Interestingly, AI hasn’t been a disappointment, to say the least. For instance, it correctly predicted the bull run for XRP and SOL. Solana has seen a 31% upward move in the last 5 trading days and is currently trading around $241. A new report from Bitwise has also predicted the prices to surge by more than 3,000% from here, reaching…