Day: January 24, 2025

Bitcoin’s price trades at No data found for bitcoin on 20 minutes ago on No data found for bitcoin on 20 minutes ago as of January 24. But will BTC reach $120,000 in the next seven days of January 2025 as US President Donald Trump signs an executive order to stockpile Bitcoin and other crypto…

Vitalik Buterin has cautioned against abandoning Ethereum’s chosen path in favor of profit-driven models like those seen in Solana. Ethereum (ETH) co-founder Vitalik Buterin warns that profit-driven models, like those in Solana (SOL), could mess with Ethereum’s principles, stressing how…

Pierre Rochard, Vice President of Research at Riot Platforms, has alleged that Ripple poses the greatest challenge to establishing a Strategic Bitcoin Reserve (SBR). According to Rochard, Ripple’s resistance stems from its vested interest in promoting central bank digital currencies (CBDCs), designed to operate on Ripple’s infrastructure. Ripple’s Alleged Opposition to a Bitcoin Reserve Rochard…

On Jan. 24, THORChain announced via X that it had paused its network due to excessive debt and leverage issues impacting its ecosystem. The platform owes nearly $200 million in ecosystem debt.

The renowned dog-themed meme coin Shiba Inu burn rate has again witnessed a remarkable surge on Friday, up roughly 1000%. Recent data provided by the token’s burn tracker indicated that over 6 million coins were permanently removed from the asset’s market supply. In turn, traders and investors anticipate a bullish impact on SHIB price, with…

Inflows into spot Bitcoin ETFs in the U.S. remained sluggish on Jan. 23 as President Donald Trump’s efforts to form a working group on digital assets under an executive order failed to meet market expectations. According to data from SoSoValue,…

In tune with the market expectations, the Bank of Japan (BoJ) has announced another 25 basis points interest rate hike taking it to 0.5%. Japan is seeing this interest rate level for the first time in 17 years after the 2008 financial crisis. It seems that the market has already factored in the news beforehand…

Sen. Cynthia Lummis (R-WY) chairs the US Senate panel on crypto assets. She has promised some big changes in government policy for the sector. A Bitcoin sovereign wealth fund Republicans are calling a “strategic national reserve” is only one of Lummis’ promises for blockchain. But markets are thrilling with bullish activity on that prospect alone….

Over 77% of TRUMP meme coin holders have earned less than $100. Around 60 wallets of the TRUMP coin have gained over $10 million in profits. Most holders of the TRUMP and MELANIA  meme coin have seen limited financial gains. According to a Chainalysis report, more than 77% of the wallets holding the crypto asset…

Bitcoin (BTC) held steady during Friday’s Asian hours after Bank of Japan (BOJ) lifted the benchmark borrowing cost to the highest in 17 years while raising inflation forecasts. “If the outlook presented in the January Outlook Report will be realized, the Bank will accordingly continue to raise the policy interest rate and adjust the degree…