BlackRock’s spot Bitcoin ETF recently added 6,470 BTC to its holdings after the cryptocurrency dips slightly from its recent all-time high at $109k. On Jan. 21, data from BitcoinTreasuries shows iShares Bitcoin Trust holdings increased by 6,470 BTC (worth $682.43 million) reaching a total of 563,134 BTC (BTC). BlackRock’s IBIT Bitcoin holdings are currently valued at $59.4 billion according to current market prices. BlackRock’s IBIT has led the majority of spot Bitcoin ETFs inflows for three days in a row. On the same day it made the Bitcoin purchase, IBIT…
Day: January 22, 2025
Neptune shares rise 40% after securing $20m credit line to buy more Bitcoin
Shares of Canadian crypto provider Neptune surged 40% after it secured a $20 million credit facility from Sygnum Bank to buy Bitcoin. Neptune Digital Assets Corp., a public Canadian infrastructure provider, saw its shares climb 40% on over-the-counter markets after locking in a $20 million credit line from Sygnum Bank, the Swiss digital asset-focused lender. The loan, backed by Neptune’s Bitcoin (BTC) holdings, will help it expand its Bitcoin stash as well as buy other crypto-related assets, and fund strategic investments, the firm said in a Jan. 21 press release.…
Arbitrum (ARB) Primed For 46% Rally If This Happens, Analyst Reveals
An analyst has explained how Arbitrum could see an upswing of around 46% if its price breaks out of this technical analysis pattern. Arbitrum Has Been Trading Inside A Descending Triangle Recently In a new post on X, analyst Ali Martinez has talked about a Descending Triangle pattern forming in the 4-hour price of Arbitrum. The “Descending Triangle” refers to a formation from technical analysis (TA) that, as its name suggests, looks like a triangle slopped downwards. The pattern involves two trendlines between which the asset consolidates: an upper level…
Bitcoin ETFs resume inflows post-Trump inauguration as BTC holds above $105k
Spot Bitcoin exchange-traded funds in the United States resumed their positive inflow streak on Jan. 21, following President Donald Trump’s inauguration, with BTC holding above $105k. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $802.5 million in net inflows on Jan. 21, extending their previous inflow run to four days, during which over $3.2 billion entered the funds. The majority of inflows on Tuesday came from BlackRock’s IBIT which saw $661.9 million enter the fund and lead the highest inflows for the the third straight day. Grayscale’s…
LINK Price Soars 40% After Trump’s Crypto Venture Purchases 220,000 Tokens In 15 Minutes
Este artículo también está disponible en español. On Monday, the cryptocurrency market witnessed a significant surge in Chainlink (LINK) prices following a remarkable acquisition by World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump. Trump’s World Liberty Financial Propels LINK Price Up In a series of rapid transactions completed within just 15 minutes, World Liberty Financial purchased 220,000 LINK tokens, totaling an impressive $5.63 million, according to Chinese reporter Wu Blockchain. This strategic move was accompanied by additional acquisitions, including 13,000 Aave (AAVE) tokens valued at $4.41…
Solana (SOL) Ignites New Momentum: Bulls Target Higher Ground
Solana started a fresh increase above the $240 resistance. SOL price is back above $2500 and might aim for a fresh increase above the $262 zone. SOL price started a fresh increase above the $240 and $250 levels against the US Dollar. The price is now trading above $250 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $245 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the…
Bitcoin Eyes Further Gains as Ethereum Struggles With Declining Demand
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
XRP Price Sets the Stage for More Gains: Bulls Hold the Momentum
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
20% Float With All Proceeds Going To The US Treasury
Este artículo también está disponible en español. The recent launch of the TRUMP and MELANIA tokens, catalyzed by President Donald Trump and First Lady Melania Trump, has ignited a mix of excitement and caution within the memecoin and broader cryptocurrency community. This frenzy has caught the attention of billionaire investor Mark Cuban, who is now contemplating the creation of his own memecoin, inspired by the recent memecoin movements. Cuban’s Memecoin Vision: Combining Fun And Financial Responsibility? In a recent social media post, the renowned billionaire opened the door to the…
Will an Upside Break Spark a Surge?
Este artículo también está disponible en español. Ethereum price is struggling below the $3,500 resistance while Bitcoin gains. ETH is consolidating above $3,150 and might aim for an upside break. Ethereum failed to gain pace for a close above $3,400 and $3,450. The price is trading above $3,300 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $3,355 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it clears the $3,400 resistance level. Ethereum Price…