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Bitcoin Dips Below $90,000 as Fed Rate Cut Doubts Grow

The price of Bitcoin fell to a 5-week low Monday, as markets adjusted to the prospect of tighter monetary policy from the Federal Reserve. The Bitcoin price fell as low as $89,800 Monday, slipping below $90,000 for the first time since mid-November. And it’s been nearly a month since Bitcoin set an all-time high of $108,000, although the asset traded…

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Kraken Wallet Swaps: Smarter token swaps that don’t break the bank
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Kraken Wallet Swaps: Smarter token swaps that don’t break the bank

January 13, 2025 | Kraken Wallet Kraken Wallet is excited to announce Swaps, a fast, convenient way to swap tokens without fees. Swaps removes the complexity and overhead from both same-chain and cross-chain token swaps, providing a straightforward interface and optimized swap routing, without needing to go directly to decentralized exchanges (DEXes) and bridges.  What is Swaps? Swaps is a…

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Coinshares: Modest Net Inflows for Digital Assets With Gains for BTC, XRP, SOL and Losses for ETH
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Coinshares: Modest Net Inflows for Digital Assets With Gains for BTC, XRP, SOL and Losses for ETH

Macroeconomic events shaped the digital assets market over the past week with significant outflows. Digital Assets Investors Reacted Negatively to U.S. Fed’s Hawkish Outlook Coinshares’ weekly digital asset fund flows report revealed that digital asset investments experienced a modest inflow of $48 million last week. Although about $1 billion came in the first half of […] Source: https://news.bitcoin.com/coinshares-modest-net-inflows-for-digital-assets-with-gains-for-btc-xrp-sol-and-losses-for-eth/

MicroStrategy Bitcoin Stash Swells to $10.28 Billion as Firm Buys More BTC
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MicroStrategy Buys $243 Million More Bitcoin

Top corporate Bitcoin (BTC) holder MicroStrategy acquired another $243 million worth of Bitcoin on Jan. 13. MicroStrategy’s filings with the U.S. Securities and Exchange Commission (SEC) show that the company paid an average price of approximately $95,972 for the latest addition to its Bitcoin reserves. At the time of writing, Bitcoin is has climbed back up above $91,000 after having…

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ARMswap Launches its DeFi Platform
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ARMswap Launches its DeFi Platform

VILNIUS, Lithuania, Jan. 13, 2025 /CNW/ — The ARMswap team is thrilled to announce the launch of its 1st version of its DeFi protocol. The web3 world is booming with numerous layer-1 and layer-2 blockchains, each having their unique algorithms and capabilities. However, their closed architecture hinders seamless interaction and information flow between networks, creating inefficiencies. ARMswap’s launch addresses this…

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Bitcoin Whiplash: Crypto Giant Plummets Below $90K, Triggers Cascade of Liquidations
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Bitcoin Whiplash: Crypto Giant Plummets Below $90K, Triggers Cascade of Liquidations

Bitcoin’s price exhibited a tempestuous performance on Monday, as the leading cryptocurrency plunged from approximately $94,000 to under $90,000 by 9:35 a.m. EDT. Following this descent, BTC demonstrated a partial recovery, ascending to hover within the $92,300 to $93,000 bracket. From $94K to $89K: Bitcoin’s Wild Day The day began as a dramatic tale of […] Source: https://news.bitcoin.com/bitcoin-whiplash-crypto-giant-plummets-below-90k-triggers-cascade-of-liquidations/