Inflows into U.S. spot Bitcoin exchange-traded funds surged by 475% last week, fueled by expectations of a more crypto-friendly administration following President-elect Donald Trump’s inauguration. According to data from Farside Investors, the 12 spot Bitcoin ETFs recorded over $1.8 billion in inflows over the past week, marking a 475% increase compared to the $312.8 million […]
Category: Crypto news
Bitcoin Price Stays Above $100K: Calm Before the Next Surge?
Bitcoin price started a short-term downside correction from the $106,250 zone. BTC is consolidating above $100,000 and might aim for a fresh increase. Bitcoin started a downside correction from the $106,250 zone. The price is trading below $103,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line […]
Massachusetts Bitcoin Reserve Bill Could Allocate 10% to Crypto
A new legislative proposal in Massachusetts signals a potential shift in how U.S. states approach digital asset management. Republican Senator Peter Durant of Worcester County has introduced a bill to establish the “Commonwealth Bitcoin Strategic Reserve,” marking an unprecedented move for the traditionally Democratic-leaning state. The bill would allow the expenditure of up to 10% […]
Michael Saylor Teases New Bitcoin Buy As Price Eyes New ATHs
Michael Saylor’s latest hint at another Bitcoin purchase comes amid an electrifying period for the crypto market. BTC price is closing in on new monthly highs, with BTC/USD nearing $105,500 on January 19, according to data from TradingView. The potential alignment of institutional accumulation with broader market dynamics underscores the growing optimism around Bitcoin’s performance. […]
Italian Lawmaker Urges Banking Foundations to Buy Bitcoin
An Italian lawmaker is urging banking foundations in Italy to invest in Bitcoin, arguing that such investments could accelerate support for the leading crypto in the country. However, he doesn’t foresee Italy establishing a strategic Bitcoin reserve anytime soon, despite growing momentum in the United States on both a national and state level. In an […]
‘Rich Dad Poor Dad’ Author on Bitcoin: ‘Buy More’
“Rich Dad Poor Dad” author Robert Kiyosaki has urged investors to buy more Bitcoin now that the leading cryptocurrency by market capitalization is inching closer to hitting a new record high. The leading cryptocurrency by market capitalization is currently trading at $105,089, according to CoinGecko data. It has surged by more than 10% over the […]
Analysis Company Claims: “If Bitcoin Crosses This Level, It Will Pave The Way Up To $ 161 Thousand, But If Not…”
Cryptocurrency analytics firm Alphractal has outlined two critical scenarios for Bitcoin’s price trajectory in its latest report. The firm predicts that Bitcoin could either surge past $161,000 or drop below $76,000, depending on whether it breaks through a key resistance level at $114,000. Alphractal’s analysis focuses on the Fibonacci-Adjusted Market Average Price, a metric that […]
Bitcoin Consolidates Between $102K and $96K: Traders Eye the $91K Fibonacci Target
BTC was rejected at $108,355, retracing to $102,000 support, with volume accumulation at $96,000–$97,000. The 0.236 Fibonacci level near $91,000 signals a potential deeper correction amid ongoing consolidation. Immediate resistance and support levels at $108K, $102K, and $96K dictate Bitcoin’s next trend direction. Bitcoin has recently completed a critical pullback, reaching significant levels in its […]
2 cryptocurrencies to reach $50 billion market cap in Q1 2025
2 cryptocurrencies to reach $50 billion market cap in Q1 2025 Paul L. Cryptocurrency Jan 19, 2025 Share The first three months of 2025 are shaping to be monumental for the cryptocurrency market, with regulatory and political dynamics likely to play a significant role. Notably, there is growing anticipation surrounding the potential executive order on […]
Bitcoin Time Capsules Open: Ancient Wallets Resurface Amid Six-Figure BTC Prices
With bitcoin maintaining a sustained trajectory well beyond the $100,000 threshold for over 48 hours, a fascinating revival of dormant bitcoin addresses has been observed, rekindling activity after years of profound dormancy. From Dust to Millions: Dormant Bitcoin Wallets Roar Back to Life Legacy wallets, many untouched for nearly a decade, are reawakening as BTC […]