Month: February 2025

Bitcoin wobbles; ChowWow presale gains support

boss

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin dips below $94k amid U.S. inflation data, while ChowWow presale catches the attention of holders seeking high growth potential. The price of Bitcoin has experienced increased volatility, declining below $94k. This was influenced by U.S. inflation data, which was higher than the estimated value across the board. Notably, the January print of the Consumer Price Index (CPI) exceeded the expected monthly and yearly timeframes. However, Bitcoin has seen…

TRUMP Coin Up 17% As Hayes Says It Could Outperform Bitcoin

boss

Este artículo también está disponible en español. The former BitMEX CEO, Arthur Hayes, is making a bold prediction for the TRUMP meme coin: it will outperform Bitcoin if market sentiment continues improving and politicians start leveraging meme cryptos. Related Reading The TRUMP token was launched to coincide with US President Donald Trump’s inauguration and, in just a short time, became the fourth-largest meme coin by market capitalization. However, after hitting a peak of $75, the TRUMP meme coin dropped to below $20. Now, the asset is getting a second look,…

Hot Tokens That Can Soar to 100X as Crypto Market Bottoms Out

boss

Amid falling crypto prices, seasoned crypto analyst, Jamie Coutts has words of reassurance for crypto supporters worldwide. And he’s backed them up with some compelling evidence. If he’s correct, here are 4 hot tokens that could soar. Signals of a Breakout Coutts took to X to share various signals suggesting that the crypto market is bottoming out and, therefore, primed for the next bull run. This month’s crypto flush resulted in the highest 365-day new low (NL) reading since mid-2024. While not a definitive bottom signal, it suggests a bottom…

Fed Discusses the Stablecoin Market; NY to Ease on Crypto. $BEST Presale to Benefit?

boss

Este artículo también está disponible en español. Everything’s looking bright and rosy for the crypto’s future with good news from the Fed and New York. The Fed’s governor talked about the potential of stablecoins in retail. But he added it might take some work to increase its adoption. New York could also relax its crypto regulations if its senator’s proposed bill passes. This could put the state in a much more competitive position against other financial centers like London, Shanghai, Tokyo, and New York. Of course, scammers are also lurking…

Polkadot (DOT) Defies Market Volatility, Holds Strong Above $4.8 Support Level

boss

Este artículo también está disponible en español. In a market often characterized by sharp swings and unpredictable trends, Polkadot (DOT) has emerged as a beacon of stability, defying broader volatility to hold above the critical $4.8 support level. While other altcoins experience uncertainty, DOT has managed to maintain stability, signaling strong buying interest at this key price zone. This steady performance comes as bulls attempt to build momentum, aiming for a potential breakout. However, with broader market volatility still in play, traders are closely watching whether DOT can sustain its…

Bitcoin ETFs Face Fourth Consecutive Day of Outflows, Resulting in $157 Million Loss as Ether ETFs Attract $13 Million Inflow

boss

The fourth day of consecutive outflows for bitcoin ETFs saw a loss of $156.69 million, with significant withdrawals from Fidelity’s FBTC and ARK 21Shares’ ARKB. In contrast, ethereum spot ETFs attracted $12.92 million in inflows, led by Blackrock’s IBIT and Fidelity’s FETH. Bitcoin ETFs Shed $650.76 Million Over Four Days Bitcoin and ether exchange-traded funds […] Original

Bitcoin (BTC) Price Keeps Rising as Inflation Seen Easing

By James Van Straten (All times ET unless indicated otherwise) Bitcoin (BTC) continues to climb the wall of worry, pushing above $97,000 despite hotter-than-expected U.S. consumer and producer price inflation reports in the past couple of days. That’s a surprise. With prices rising and the likelihood of a Fed rate cut receding, you’d expect risky investments like cryptocurrencies to pause, at the very least. The buoyant behavior is possibly underpinned by signs that inflation is still seen as easing in coming months. “Bitcoin could likely get some relief in the…

Plasma Secures $20 Million to Launch Bitcoin-Based Blockchain for Zero-Fee Stablecoin Transactions

boss

Plasma, a startup focused on developing a blockchain tailored for stablecoin transactions, has raised $20 million in a Series A funding round led by Framework Ventures, following an earlier $4 million seed round. The investment, which includes participation from notable figures such as Peter Thiel and Tether CEO Paolo Ardoino, aims to enhance Plasma’s capabilities […] Original

Bitcoin Scarcity is Real as Trump promotes

boss

Bitcoin mined has crossed the 19.96 million mark, meaning over 95% of Bitcoin in existence has been issued. The largest cryptocurrency could soon experience a scarcity amidst fast-paced BTC withdrawals from exchanges. U.S. President Donald Trump’s plan for a strategic Bitcoin reserve and developments like institutional adoption and Layer 2 rollout on BTC could catalyze demand for the digital asset.  Bitcoin scarcity and BTC demand drivers Bitcoin supply on exchanges decreased by nearly 15% since the declaration of the U.S. Presidential election results in November 2024. In the same timeframe,…