Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce
Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.
Markets
Nation-States and Central Banks Are Expected to Buy Bitcoin in 2025, Fidelity Says
Rising inflation, currency debasement and growing fiscal deficits will push countries to make strategic bitcoin allocations, the report said.
XRP ETF Could Soon Be a Reality, Ripple President Says as RLUSD Gains Traction
“We think, especially with the administration change, the approvals of those filings will accelerate,” Ripple president Monica Long said.
Bitcoin Traders Eye $109K as Trump Anticipation Builds, BTC ETFs Rake in Nearly $1B
A technical correction and reversal is close to being complete and could trigger a full-blown bullish move, some traders say.
This Crypto Fund Blew Past Bitcoin’s 121% Price Gain in 2024
Pythagoras Alpha Long Biased Strategy combines a base position in BTC with two uncorrelated strategies to outperform buy and hold play.
MicroStrategy, Metaplanet Want Billions More in Bitcoin as BTC Nears $100K
The companies plan to collectively pick up $3 billion worth of bitcoin this year, with MicroStrategy’s targeting the purchases in Q1 2025.
High-Stakes $100K Bitcoin Call Signals Expectation for Record Price Jump After Trump’s Inauguration
Traders are positioning for a rally to record highs after President-elect Donald Trump takes office on Jan. 20
How Chinese Lending Firm Cango Became a Bitcoin Mining Powerhouse
Cango purchased 50 EH/s worth of mining power towards the end of 2024, making it one of the biggest players in the bitcoin mining industry.
SPX6900 Sets Record Highs While Trendy ‘AI Agents’ See Profit-Taking
“It’s the stock market for the people. SPX6900 is for you, your children, and countless generations after,” a manifesto on SPX6900’s site reads.
Tether’s Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In
Tether’s market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.