Day: February 7, 2025

‘Perfect Storm’ Forming—Analyst Predicts Bitcoin At $500K

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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…

Blackrock Boosts MSTR Investment to 5% Amid Market Volatility

Blackrock, the globe’s leading asset management titan, has fortified its position in Strategy (formerly Microstrategy) equity, elevating its stake in MSTR to 5%—a milestone reflecting heightened institutional confidence. Institutional Confidence Rises as Blackrock Claims a 5% Stake in Strategy Per a Schedule 13G filing with the U.S. Securities and Exchange Commission (SEC)—a regulatory disclosure for […] Source CryptoX Portal

BlackRock boosts stake in Strategy stock to 5% amid Bitcoin push

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BlackRock has raised its stake in Strategy (formerly MicroStrategy) to 5%, according to a Feb. 6 filing with the U.S. Securities and Exchange Commission.  The firm now holds approximately 11.2 million shares, up from 4.09% in September 2024. Following the disclosure, Strategy’s stock rose 2.8% in pre-market trading, reaching $331.90 per share. Strategy remains the largest corporate holder of Bitcoin (BTC), with 471,107 BTC worth about $48 billion.  Despite reporting a $670 million net loss in Q4 2024, the company continues to pursue its “21/21 Plan,” which aims to raise…

A Potential Upside Move Toward $0.2677 Looming

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Este artículo también está disponible en español. Dogecoin (DOGE) is gaining momentum as bullish pressure strengthens, positioning the price for a potential move toward the $0.2677 mark. After facing recent turbulence, buyers are stepping in to reclaim control, signaling a possible shift in market sentiment. This renewed push comes as Dogecoin finds stability above key support levels, allowing bulls to build upward pressure and challenge higher resistance zones. The growing optimism surrounding Dogecoin is driven by increasing trading volume and improved market conditions, which could fuel an extended rally. If…

5 Presales to Make Crazy Gains in 2025 as Bitcoin Readies for Breakout

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Despite hovering under the $100K price level, analysts believe Bitcoin is still very much in bullish territory. Undeterred demand for $BTC at $98K also means the crypto market has remained fairly unfazed during the recent turbulence. Another factor driving optimism is the way $BTC is respecting the 100-day exponential moving average (EMA), which is steadily moving upwards. Combined with the massive support being provided by the $92,500 level and $BTC’s RSI level also looking bullish, a breakout and then a rally looks imminent. Overall, the market is very optimistic about…

Ether ETFs Achieve 6 Days of Consecutive Inflows As Bitcoin ETFs Experience $140 Million Outflow

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Bitcoin ETFs experienced a net outflow of $140 million with the majority of the outflow coming from Fidelity’s FBTC. In contrast, ether ETFs achieved their sixth consecutive day of inflows, adding $10.65 million. Ether ETFs Extend Inflow Dominance With Sixth Day of Consecutive Inflows On Thursday, Feb. 6, bitcoin ETFs faced a net outflow of […] Original

Canadian Businessman Sentenced to 41 Months in U.S. Prison for Hiding 450 BTC

A Canadian businessman has received a 41-month sentence in a U.S. federal prison for obstruction. Businessman’s Account Blocked by Binance A Canadian businessman will serve 41 months in U.S. federal prison after pleading guilty to one count of obstruction of an official proceeding. The sentence was jointly announced by U.S. Attorney Edward R. Martin Jr. […] Source CryptoX Portal

Solana To $520? Investment Firm Drops Bombshell SOL Prediction

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Este artículo también está disponible en español. VanEck, a global investment management firm with a nearly 70-year history and a strong reputation in the exchange-traded funds (ETF) arena, has issued a striking price target for Solana (SOL). In a post shared on X on January 6, the New York-based firm projected Solana’s value to soar to $520 by the end of 2025. VanEck Predicts $520 By End Of 2025 For Solana VanEck’s thesis centers on Solana’s share within the smart contract platform (SCP) market, as well as the historical correlation…

Trump Stablecoins vs EU CBDC Race to Boost Best Wallet Token?

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Trump’s advocacy of US stablecoins may prove to be the accelerant for a stalled EU plan – the digital Euro. Supporters are rubbing their hands in glee that their beloved pet project, a CBDC for the Euro, may finally become a reality. It’s been languishing in legislative limbo since 2023, as lawmakers were skeptical of the project. The chances of the digital Euro being ready by the end of this year are slim at best. Even so, with major pro-crypto moves on both sides of the Atlantic, it’s a good…

Record-Low Bitcoin Volatility: A Magnet For Institutional Investors?

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The market behavior of Bitcoin has undergone a dramatic change as its volatility has fallen to an all-time low. This change is a sign that the market is maturing and attracting more institutional investors, who had previously avoided its volatile price fluctuations. Bitcoin 3-Month Volatility Down To New Lows According to the most recent data from Glassnode, the cryptocurrency’s three-month realized volatility has fallen to all-time lows. The days of jaw-dropping 80–100% price swings are over. With volatility staying below 50%, Bitcoin is still moving in a fairly stable direction…