Month: January 2025

The 5 Best Crypto To Buy as DOJ Prepares to Sell $6.5B Bitcoin

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Bitcoin has been on a rollercoaster ride lately. It finally broke through the $100K mark in early December and peaked at $108K on December 17. But it’s been slightly downhill for the $BTC price since then, starting this week off at around $98K.  And now, a recent announcement by the US Department of Justice (DOJ) has seen Bitcoin take a rough tumble, down to $93K. The DOJ has been given the green light to sell 69,370 $BTC (around $6.5M) that had been seized from a darknet marketplace.  Source: CoinMarketCap Reportedly,…

How to Recover a Lost Bitcoin Wallet Password by KeychainX

An Introduction to Bitcoin Wallet Types Recovering lost Bitcoin wallet passwords is a challenge that many individuals face. This guide, prepared in July 2024, provides an overview of various wallet formats and methods to recover Bitcoin wallet passwords effectively. Can a Lost Bitcoin Password Be Recovered? Yes, recovering a lost Bitcoin password is possible with […] Source CryptoX Portal

3 reasons why Bitcoin price may surge to $123k in January

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Bitcoin price has crashed this week amid ongoing jitters about the bond market and a relatively hawkish Federal Reserve. Bitcoin (BTC) fell below $95,000, triggering a steeper sell-off among altcoins. However, there are signs that the coin may bounce back and possibly hit $122,000 in January. Bitcoin balances on exchanges are falling One key reason why BTC’s price may rebound in January is the ongoing imbalance between demand and supply. Demand has continued to rise this year, as evidenced by growing ETF inflows.  Spot Bitcoin ETFs have added a net…

Thumzup Media Buys $1 Million Worth of Bitcoin

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Another publicly traded U.S. firm adds bitcoin to its balance sheet with Thumzup Media’s $1 million purchase. Thumzup Wants to Hold 90% of its Liquid Assets in Bitcoin Thumzup Media Corp., a publicly traded firm in the U.S. announced the acquisition of 9.783 BTC worth about $1 million with an average price of $102,220 per […] Original

Dogecoin May Beat Bitcoin In Next 6 Months

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Crypto Liquidations Near $690 Million As Bitcoin, Ethereum Crash

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Data shows the cryptocurrency derivatives market has suffered a high amount of liquidations in the past day as Bitcoin and other assets have crashed. Bitcoin, Ethereum Saw Notable Plunges During Past Day The last 24 hours have been red for digital assets, with a bulk of the market observing a drawdown of more than 5%. Bitcoin has been no exception, as its price has slipped under the $95,000 level. It was only a couple of days back that the asset had shown a sharp recovery above the $102,000 mark. The…

Standard Chartered wins license in Luxembourg to offer crypto custody services

Standard Chartered has launched a new entity in Luxembourg to provide crypto custody services across the European Union under MiCA regulation. British multinational financial giant Standard Chartered has launched a new entity in Luxembourg to offer crypto custody services to European Union clients as the E.U. implements the Markets in Crypto Assets — also known as MiCA — regulation. In a Jan. 9 press release, the bank said that the Luxembourg office will be part of the bank’s global push into the crypto space, following the launch of similar services…

Institutional Investors Accumulate Amid Retail Weakness

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Este artículo también está disponible en español. Bitcoin has experienced notable price volatility since the start of the year, with its performance showing mixed signals. Institutional investors, however, appear to have maintained their confidence in the asset despite recent market corrections. According to a recent analysis shared by CryptoQuant contributor caueconomy on the QuickTake platform, institutional players have been strategically accumulating Bitcoin, suggesting long-term confidence in the asset’s value trajectory. Related Reading Bitcoin Institutional Accumulation Signals Market Confidence caueconomy revealed that on December 21, investors sold approximately 79,000 BTC within…

Glassnode: Crypto Market Shifting to Selling Phase as Big Whales Dump Bitcoin

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Glassnode recently disclosed that the bitcoin market shifted to a new phase this year, following the rise to over $100K experienced after President Donald Trump’s victory in the polls. Glassnode states that the movements of whales indicate that a distribution phase has already started. Glassnode Numbers Suggest Crypto Markets Are Entering a Distribution Phase Glassnode, […] Original