Month: January 2025

Ethereum Consolidates But Open Interest Points to Potential Breakout

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Ethereum is now demonstrating steady price growth, posting a 6% rise in the past day as the broader cryptocurrency market rallied. This upward momentum follows news of a US executive order establishing a national digital asset stockpile, contributing to a positive market environment. Amid this backdrop, CryptoQuant analyst ShayanBTC has provided a fresh perspective on Ethereum’s current trajectory. Shayan highlights an interesting divergence between the increasing open interest in Ethereum futures and the price, which has yet to reach previous highs. Growing Futures Market and Divergent Price Action According to…

Ivanka Trump Slams Fake Crypto Coin Exploiting Her Name

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Este artículo también está disponible en español. From Trump to Melania, we now have the Ivanka Trump coin. The crypto industry is going full-throttle on Trump mania, but at least one family member isn’t happy with the latest development, particularly the release of the $IVANKA coin. Related Reading In a post on Twitter/X, Ivanka Trump blasted the news of the new crypto project, calling it a “fake crypto coin” currently being promoted without her consent. The presidential daughter stated that she’s not connected with the project and is currently working…

Bigger Bitcoin Price Catalyst Than The US BTC Reserve

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Este artículo también está disponible en español. The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a directive that had imposed stringent accounting requirements on crypto custody for US banks and financial institutions. The move, encapsulated in the newly issued SAB 122, is poised to serve as a more substantial catalyst for Bitcoin’s price dynamics than the anticipated US Bitcoin Reserve (SBR), according to several industry experts. Implications For Bitcoin Originally enacted in 2022, SAB 121 mandated that…

XRP Long Term Potential Remains Extremely Bullish Possibility Of Price At $20

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Este artículo también está disponible en español. The XRP price is in the spotlight again, as a crypto analyst has shared his short—to long-term prediction for the third-largest altcoin. While the asset has experienced a series of bullish events that have driven its price to its current level, the analyst strongly believes that the cryptocurrency can jump even higher to reach $20.  XRP Long To Short Term Price Prediction According to a crypto analyst identified as ‘XRP Meesku’ on X (formerly Twitter), the XRP price is gearing up to skyrocket…

UTXO Acquires Hong Kong-Listed Company to Lead Strategic Investments in Bitcoin and Web3

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UTXO Management’s acquisition of HK Asia Holdings Limited aims to position the company as a force in Hong Kong’s dynamic financial ecosystem. UTXO Management Completes Strategic Expansion Into Hong Kong UTXO Management, in partnership with Sora Ventures, has acquired a majority stake in HK Asia Holdings Limited, a business listed on the Hong Kong Stock […] Original

Spot Bitcoin ETFs are ‘quietly on fire’, expert says

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U.S. spot bitcoin exchange-traded funds have started the year on a strong note, according to Bloomberg senior ETF analyst Eric Balchunas. It has been slightly over a year since the Securities and Exchange Commission approved the launch of spot Bitcoin (BTC) ETFs for the U.S. market. After achieving record net inflows and assets under management in 2024, spot BTC ETFs have entered 2025 with notable momentum. In a post on X on Jan. 24, Balchunas highlighted the impressive performance of U.S. spot Bitcoin ETFs. Funds such as BlackRock’s IBIT, Fidelity’s…

4 Best Presales to Buy as Morgan Stanley Sets to Expand Its Crypto Market Presence

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Donald Trump winning the elections has ushered in an unprecedented amount of bullish sentiment in the crypto market. With tons of crypto-friendly regulatory changes expected in the coming weeks, Morgan Stanley is among the first banks to openly explore crypto market expansion. Ted Pick, CEO of Morgan Stanley, has said that the banking giant will closely work with US regulators. It’s also worth noting that Morgan Stanley was the first major US financial institution to offer Bitcoin funds to its clients. With the biggest businesses in the world now looking…

Bitcoin to $150K in 2025

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Este artículo también está disponible en español. James Check, a Glassdote analyst, has predicted that Bitcoin ($BTC) could cross the $150K mark in 2025. This prediction is inspired by the token’s 2016-2017 cycle when Bitcoin moved from the range of $800-1600 to $19,783. If BTC follows the same pattern, it can consolidate up until May, after which a significant bull run can be seen. However, Check believes that BTC won’t be able to hold the highs of $150K. The range of $120,000 to $150,000 would be the ‘topping cloud’ for…

Bitcoin Enthusiasm Peaks At $100K, Yet Veteran Eyes A $95K Dip

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Este artículo también está disponible en español. The consistent retail demand for Bitcoin at the $100,000 mark, which indicates high investor confidence, has recently drawn notice. However, because short-term holders are driving the present accumulating trend, market watchers are warning of a possible fall to $95,000. Related Reading Retail Investors Accumulate At Record Pace Retail investors, which include smaller holders termed as “Shrimps” and “Crabs,” have been enthusiastically accumulating Bitcoin. In the last month, Glassnode reports that these groups collectively added 25,600 BTC to their portfolios. That’s nearly twice the…