XRP was trading at $2.45 on Jan. 4, 2025, boasting a market capitalization of $140.85 billion. Its 24-hour trading volume reached $4.47 billion, and the day’s price movement ranged between $2.43 and $2.49. XRP XRP’s one-hour chart illustrates a phase of consolidation within the $2.45 to $2.50 range, suggesting a possible breakout scenario. Low trading […] Source: https://news.bitcoin.com/xrp-market-update-bullish-surge-hints-at-explosive-breakout-potential/
Month: January 2025
Trump Wants All Future Bitcoin Mined in US—Is That Even Possible?
Bitcoin mining is a big business in the U.S.—but how big? And will Donald Trump’s return to the White House make a difference? The President-elect last year said—along with plenty of other pro-crypto pledges—that he wanted all remaining coins to be mined on American soil. Spoiler alert: This will be very difficult, if not impossible. Data compiled by TheMinerMag shows…
Expert: Trump May Honor Election Promises, but Progress Depends on Legislative and Regulatory Support
Hong Yea, co-founder of GRVT, believes that despite skepticism from some crypto proponents, incoming U.S. President Donald Trump may show genuine interest in a crypto-friendly environment. China Unlikely to Shift Stance on Crypto While some crypto proponents are skeptical that incoming U.S. President Donald Trump will honor his pre-election pledges, Hong Yea, co-founder of GRVT, […] Source: https://news.bitcoin.com/expert-trump-may-honor-election-promises-but-progress-depends-on-legislative-and-regulatory-support/
Crypto’s record-breaking year sees spike in kidnappings and ransom schemes
A rise in ransomware, kidnappings and extortion shows the growing risks faced by crypto traders and investors as the sector expands. Source: https://cointelegraph.com/news/crypto-s-record-breaking-year-sees-spike-in-kidnappings-and-ransom-schemes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETF inflows rebound to 6-week highs as BTC price reclaims $97K
Bitcoin is in a firmly different mood as the first Wall Street trading week ends, but BTC price action still needs to convince wary traders. Source: https://cointelegraph.com/news/bitcoin-etf-inflows-rebound-6-week-highs-btc-price-97-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin needs trading volume boost to rally above $105K in January
Bitcoin’s daily volume remains 91% lower than the $743 million on Dec. 5, when BTC first surpassed the $100,000 milestone. Source: https://cointelegraph.com/news/bitcoin-recovery-rally-prediction-january-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Suspected insider wallets net $20M on Solana’s Focai memecoin launch
At least 15 suspected insider wallets have acquired over 60.5% of the FOCAI token supply before making an over 136,000-fold return on investment. Source: https://cointelegraph.com/news/focai-memecoin-insider-trading-solana-profit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Aave proposal to peg Ethena’s USDe to USDT sparks community pushback
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks. Source: https://cointelegraph.com/news/aave-proposal-to-peg-ethena-s-usde-to-usdt-sparks-community-pushback?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BRICS Intensifies Alternative Payments—2025 Agenda Targets Dollar-Free Systems
BRICS will prioritize alternative payment systems in 2025, aiming to reduce reliance on the U.S. dollar and boost trade in local currencies under Brazil’s leadership. BRICS Prioritizes Alternative Payments in 2025 The development of alternative payment systems and reducing reliance on the U.S. dollar will be central to BRICS initiatives in 2025 as Brazil takes […] Source: https://news.bitcoin.com/brics-intensifies-alternative-payments-2025-agenda-targets-dollar-free-systems/
The Curious Case of Siqi Chen: Scammer or Saint?
The crypto community is split after a father launched his own token ZERO, mere days after raising millions via memecoins for research into craniopharyngioma – an incurable brain tumor that currently afflicts his daughter Mira. Mira’s Dad Faces Scathing Criticism For Launching ZERO Token Just a few days ago, Siqi Chen, co-founder of finance platform […] Source: https://news.bitcoin.com/the-curious-case-of-siqi-chen-scammer-or-saint/