Month: January 2025

Jim Cramer calls to buy Bitcoin: BTC dip soon?

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On Jan. 27, 2025, Jim Cramer, a legendary Mad Money host, urged his audience to buy Bitcoin and dump MicroStrategy stocks. Is Bitcoin doomed? No, really? If you are not familiar with Jim Cramer yet, you probably don’t know why his investment bets are talked about massively on the web but are hardly taken seriously. Long story short, some of Cramer’s predictions were 180 degrees from what happened. His reputation as the man whose market forecasts are fully opposite to what comes after is outstanding and meme-rich.  On Jan. 27,…

Green energy tech firm Nuvve to allocate 30% of excess cash to Bitcoin

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Nuvve, which helps EVs share power with the grid, will invest up to 30% of its extra cash in Bitcoin to diversify the company’s treasury holdings. Nuvve, a public Californian company focused on connecting electric vehicles to the grid, said its board has approved holding Bitcoin (BTC) as a primary treasury asset. In a Jan. 28 press release, the San Diego-headquartered company revealed it would invest up to 30% of its excess cash, based on its estimated six-month operating expenses, into BTC. How much Bitcoin it actually buys will depend…

Bitcoin ETFs cling to $18.44m inflows as BTC awaits FOMC decision near $102k

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Spot Bitcoin exchange-traded funds in the U.S. flipped to inflows on Jan. 28 as Bitcoin reclaimed $102k, with the market bracing for the upcoming FOMC meeting. According to data from SoSoValue, the 12 Bitcoin ETFs returned to net inflows on Tuesday, with $18.44 million entering the funds. This followed a $457.48 million outflow the previous day, as investor sentiment turned risk-off amid concerns over the rising popularity of the Chinese AI app DeepSeek, which contributed to a sharp drop in both tech stocks and the crypto market. All of the…

Bitcoin New High In 2 Weeks? Analysts Eye February Rally

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Este artículo también está disponible en español. After starting the week with a red Monday, Bitcoin (BTC) has recovered the $100,000 zone, registering a 4% recovery from yesterday’s lows. Following its recovery, some crypto analysts suggested that BTC could be getting ready for a February pump. Related Reading Choppy January, Double-Digit February? On Monday, the crypto market suffered a shakeout generated by the broader sell-off ignited by DeepSeek’s Artificial Intelligence (AI) news. Altcoins like Ethereum (ETH) and Solana (SOL) fell 8.4% and 15%, respectively, while Bitcoin dropped 5%. The flagship…

Solana (SOL) at Risk: Could More Losses Be on The Horizon?

Solana started a fresh decline below the $250 support. SOL price is consolidating and might face resistance near the $235 and $242 levels. SOL price started a fresh decline below the $250 and $240 levels against the US Dollar. The price is now trading below $240 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $235 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $242 zone.…

Bitcoin Holds Steady Amid NASDAQ Decline, Analyst Calls It ‘Extremely Bullish’

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Este artículo también está disponible en español. Yesterday, the NASDAQ slid 3% as China’s low-cost AI model, DeepSeek, sent shockwaves through the tech industry, triggering a steep sell-off in US chipmakers. While Bitcoin (BTC) also dipped to a low of $97,777, the flagship cryptocurrency has since recovered most of its losses, trading above the key $100,000 price level. Bitcoin Holding Strong Despite NASDAQ Sell-Off Bitcoin’s resiliency amid the stock market sell-off is ‘extremely bullish’, says Bitwise’s European Head of Research, Andre Dragosch. They highlighted that the leading digital asset has…

XRP Price Surge Cools Off: Is the Uptrend Still Intact?

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XRP price started a strong increase above the $2.850 zone. The price is now correcting gains and showing positive signs above $3.00. XRP price started a downside correction from the $3.220 zone. The price is now trading above $3.00 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $3.150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it clears the $3.150 resistance zone. XRP Price Regains Momentum XRP…

Ethereum Reserves Hit Multi-Year Lows—Are We On The Verge Of A Bull Run?

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Ethereum is experiencing a gradual recovery as its price climbs above $3,100. This marks a 2.3% increase over the past day. However, the asset remains in a state of overall decline, down 3.3% over the week. While this modest rebound offers some relief, Ethereum is still grappling with the effects of an overall bearish trend. The ongoing price movement has prompted some analysts to revisit Ethereum’s underlying on-chain metrics to understand what may lie ahead for the cryptocurrency. One key area of focus is Ethereum’s spot exchange reserves. According to…

Can Bulls Turn It Around?

Este artículo también está disponible en español. Ethereum price struggled to continue higher above $3,220 and dipped. ETH is now consolidating losses and might face resistance near the $3,200 zone. Ethereum started a fresh decline below the $3,150 zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another decline if it stays below the $3,220 level. Ethereum Price Dips Again…

Bitcoin Price Faces Tough Resistance: A Breakout In The Cards?

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Bitcoin price started a fresh upward move above $100,000. BTC is facing resistance at $103,000 and might aim for an upside break. Bitcoin started a decent upward move above the $100,000 zone. The price is trading below $103,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $102,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it stays below the $103,000 zone. Bitcoin Price Holds Support Bitcoin price started a…