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⚡️ NEW: Chief analyst at Bitget Research predicts "the expected trading range for $BTC this week is $94K - $105K."
“Post-Christmas, market activity typically picks up again, with funds expected to actively position for sectors that might benefit from Trump's upcoming inauguration.”
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🗞 Catch up on the news over the last 24 hours!
🪙 Floki launches the "University of Floki."
💳 Visa’s Cuy Sheffield says stablecoins can modernize payments.
📈 BlackRock and Fidelity now hold almost $50B worth of Bitcoin combined.
⛏️ Less than 6% of Bitcoin’s total supply is left to be mined.
🇸🇻 El Salvador has bought 25 BTC worth over $2.4M after securing an IMF loan.
📊 Ethereum’s total value locked surpassed $90B this month.
🐕 Memecoins lead crypto investor interest in 2024, says CoinGecko.
🎅 Bitcoin is up 125% since last Christmas.
🇹🇷 Turkey now requires ID for crypto transactions over $425.
🚨 Scammer steals $500K by hacking 15 X accounts with phishing emails.
📉 Despite Bitcoin’s 113% rise in 2024, most mining stocks are down.
🌏 South Korea’s crypto adoption is booming.
⚖️ A Montenegro court rejected Do Kwon's appeal to stop his extradition.
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🇰🇷 BULLISH: South Korea’s Crypto Adoption Is Booming!
• 45% of economically active citizens own crypto (15.6M people).
• $69B held in digital assets; avg portfolio size: $4,400.
• 100K new investors join the market every month.
• Top 5 exchanges trade $10B daily, rivaling KOSDAQ.
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🔥 NEW: In 2024, #Bitcoin obituaries have lost all relevance, similar to predictions about the end of the world in 2012.
While figures like Jim Cramer still proclaim $BTC “dead,” their words are widely disregarded.
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🚨 JUST IN: Turkey has passed a law requiring cryptocurrency users to provide identification data for transactions exceeding $425.
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⚡ LATEST: Memecoins take top spot for crypto investor interest in 2024: CoinGecko
Memecoin interest in 2024 was largely directed to #Solana-based tokens, followed by those on L2 Base, according to a CoinGecko study.
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🔥 SAYLOR: “Dump your gold, sell all the US gold and buy #Bitcoin.”
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🔥 BULLISH: El Salvador has bought a total of 25 $BTC worth over $2.4 million since the day they secured a $3.5B loan from the IMF.
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🔥 UPDATE: BlackRock's IBIT and Fidelity's FBTC now hold almost $50B worth of #Bitcoin combined
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🔥 LATEST: Visa's Cuy Sheffield says stablecoins can modernize payments.
“2025 will introduce the next pivotal opportunity — the rise of stablecoin-linked cards,” Sheffield said.
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🇺🇸 POMPLIANO: "The downside risk of investing tens of billions of dollars in Bitcoin is drastically outweighed by the potential upside," for the US.
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🇺🇸 UPDATE: Analysts claim the Federal Reserve cannot stop Donald Trump from creating a strategic Bitcoin reserve in the U.S.
Trump could issue an executive order directing the Treasury to use the ESF (Exchange Stabilization Fund) to buy $BTC, with the Fed having no authority to veto the decision.
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⚙️ NEW: Binance to Support Fantom (FTM) Rebranding to Sonic (S)
On January 13, Binance will delist all trading pairs with FTM as part of the rebranding process. The platform will then list Sonic (S) on January 16.
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🔥 NOW: Bitcoin recovers after the start of the U.S. trading session, with the price rising above $97,000.
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🔥 NOW: Forbes Predicts 7 Key Crypto Market Trends for 2025:
1️⃣ G7 or BRICS nations will establish strategic Bitcoin reserves.
2️⃣ The 7 largest US tech giants will create Bitcoin reserves.
3️⃣ Stablecoin market capitalization will surpass $400 billion.
4️⃣ Bitcoin Layer-2 blockchains will drive DeFi growth.
5️⃣ Launch of various crypto-focused ETFs.
6️⃣ Total crypto market cap will exceed $8 trillion.
7️⃣ The US will reclaim its position as the global crypto hub.
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🔥 RFK JR: "I'm a huge supporter of Bitcoin. I was here a year ago at the other Bitcoin conference."
"I went home and put most of my wealth into Bitcoin, so I'm fully committed."
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🇲🇪 NEW: A Montenegro court rejected Terra founder Do Kwon's appeal to cancel his extradition. The decision on whether to send him to the U.S. or South Korea is now with Minister of Justice Bojan Božović.
Kwon, arrested on March 23, 2023, faces charges for using fake documents, and his company Terraform Labs is liquidating after settling $4.47 billion in SEC fraud claims.
@Cointelegraph
📊 UPDATE: Despite Bitcoin’s 113% surge in 2024, most publicly listed mining stocks are ending the year in the red.
Rising costs and halving impacts left only seven miners with year-to-date gains.
@Cointelegraph
🚨 ALERT: A scammer stole approximately $500,000 by hacking over 15 accounts on 𝕏 (Twitter) through phishing emails impersonating the platform’s team, then used the accounts to promote their own meme tokens.
@Cointelegraph
🔥 UPDATE: #Bitcoin is up by 125% since last year’s Christmas. 🎅
2023: $43,590
2024: $98,155
🔥 BULLISH: The total value locked on #Ethereum surpassed $90B this month
Its first time Ethereum's TVL has hit that high since April 2022.
📊 INSIGHT: Ethereum’s relative strength to Bitcoin could climb in January, which an analyst says might trigger an #Ethereum “altcoin run.”
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🚨 UPDATE: Less than 6% of #Bitcoin’s total supply is left to be mined—ever.
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🇺🇸 ERIC TRUMP: "I believe that cryptocurrencies are the future."
"Banks are lethargic, they don't work for everybody."
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⚡️ TODAY: Floki launches the "University of Floki," an education platform designed to bridge the knowledge gap for new crypto users.
@Cointelegraph
🗞 Catch up on the news over the last 24 hours!
🪙 Rumble CEO hints at Bitcoin tipping for creators.
🏡 La Rosa Holdings will allow crypto payments for real estate agents.
📈 $MSTR shares are up 477% this year, the second-highest in US tech.
📋 MicroStrategy plans a special shareholder meeting.
💰 Binance and Kraken invest $10M in fiat-backed stablecoin issuer Usual.
🪙 BlackRock's Ethereum ETF now holds 1M ETH.
📊 SUI network surpasses $2B in total value locked this month.
🌏 Ripple's RLUSD stablecoin debuts on Independent Reserve in Singapore.
⚡️ TeraWulf leases 70 MW to host AI as Bitcoin mining costs rise.
🚨 Hyperliquid sees $256M outflows amid rumors of North Korean hackers.
📊 37% of UAE retail investors plan to increase crypto holdings by 2025.
📉 Bitcoin is down only 2% in December as traders eye $80K targets.
🔮 Forbes predicts 7 key crypto trends for 2025.
🇨🇳 China plans a record $411B treasury bond issuance for 2024.
📈 Bitcoin recovers to $97K after the US market opens.
🔄 Binance supports Fantom’s rebrand to Sonic (S).
🎄 Analysts doubt a Bitcoin Christmas rally this year.
🇺🇸 Analysts say the Fed can't stop Trump from creating a Bitcoin reserve.
@Cointelegraph
📊 NEW: Analysts at QCP Capital doubt Bitcoin’s Christmas rally this year, citing ETF outflows and reduced institutional risk appetite, but many still hope for a repeat of 2016 and 2020 patterns.
From 2014 to 2023, the crypto market saw a “Santa Claus rally” in 8 out of 10 years, with gains of 0.7% to 11.8% between December 27 and January 2.
@Cointelegraph
🔥 NEW: MicroStrategy announces a Special Meeting for shareholders to vote on proposals to accelerate the 21/21 Plan and align director compensation with its #Bitcoin strategy.
Proposals include:
1. Increasing Class A shares from 330 million to 10.33 billion for capital raising.
2. Raising preferred shares from 5 million to 1.005 billion for financing.
3. Amending the 2023 Equity Incentive Plan to provide automatic equity awards for new directors.
@Cointelegraph
🇨🇳 NEW: China plans record $411 billion special treasury bond issuance next year, aiming to boost fiscal stimulus and potentially benefiting global and crypto markets.
@Cointelegraph
📊 UPDATE: #Bitcoin down only 2% in December despite recent sell-offs, with traders eyeing mid-$80K targets as the bull case stays intact.
@Cointelegraph