While Bitcoin short-term holders’ profit increased, panic selling was also evident around $100,000 despite clear technical support above $95,000. Source: https://cointelegraph.com/news/80-of-bitcoin-short-term-holders-back-in-profit-as-analyst-says-fomo-in-full-swing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author: Crypto Superhero
Bitcoin miners see 3x profit margins despite higher network difficulty
Glassnode’s Difficulty Regression Model estimates the cost to mine a single BTC at approximately $33,900. Source: https://cointelegraph.com/news/bitcoin-miners-profit-margins-higher-network-difficulty?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sovrun’s Vision Meets Hyperliquid’s Infrastructure and Virtuals’ AI: A New Era for Gaming
Cupertino, California, January 21st, 2025, GamingWire Sovrun’s vision takes a bold step forward with its groundbreaking milestone: one of the first gaming projects to secure a listing on Hyperliquid, a high-performance decentralized exchange redefining liquidity for digital assets. The Future of Gaming Liquidity Liquidity is the backbone of successful gaming economies. Hyperliquid is designed to not only deliver liquidity but…
Rex Shares and Osprey Funds File for TRUMP ETF
The filing documentation lists a total of seven crypto ETFs, including funds that will hold the memecoins Bonk and Dogecoin. Trump, Dogecoin, and Bonk May Get Their Own ETFs This Year ETF provider Rex Shares and its crypto-focused sister company, Osprey Funds, have filed for seven crypto exchange-traded funds (ETFs) with the SEC, including one […] Source: https://news.bitcoin.com/rex-shares-and-osprey-funds-file-for-trump-etf/
Coinbase CEO Says Each Bitcoin Will Be Worth ‘Multiple Millions’ Some Day
Bitcoin evangelists are at it again: Coinbase CEO Brian Armstrong joined the million-dollar Bitcoin prophecy club Tuesday, suggesting that the cryptocurrency could reach “multiple millions” in value in what he called “the dawn of a new day for crypto.” “We have seen just incredible growth and I think it hit an all-time high yesterday, so we feel very good about…
Jupiter Set to Drop $630 Million Worth of JUP in Solana Airdrop Claim
JUP, the native token of the Solana-based decentralized exchange aggregator Jupiter, has fallen by 3% in the last 24 hours to a current price of $0.90 as the platform prepares to open its latest airdrop claim. The token has dropped 25% from its local high price of $1.20 as the token jumped over the weekend as decentralized exchange—or DEX—trading volumes…
‘The SEC Can Do Better’: US Regulator Launches Crypto Task Force
One day after SEC Chair Gary Gensler departed alongside the inauguration of President Donald Trump, the U.S. Securities and Exchange Commission announced a crypto task force Tuesday in a pointed announcement that’s critical of the regulator’s past actions. “Drawing from talented staff across the agency, the task force will collaborate with Commission staff and the public to set the SEC…
LBank Lists Metaverse HQ ($HQ) on Launchpool With 3,000,000 HQ Rewards
PRESS RELEASE. SINGAPORE, January 21, 2025 – LBank(Lbank.com), the leading cryptocurrency exchange, is thrilled to announce the latest Launchpool event featuring Metaverse HQ (HQ). Starting from January 21 to January 27, 2025, , users can participate in this exciting event to earn 3,000,000 HQ by simply holding USDT or LBK. Launchpool Details: Registration Period: click […] Source: https://news.bitcoin.com/lbank-lists-metaverse-hq-hq-on-launchpool-with-3000000-hq-rewards/
Brazilian Data Protection Agency Reveals Investigation Into Iris Scanning World Project
A note issued by the National Data Protection Authority, Brazil’s data protection institution, has announced that it is actively monitoring the activities of World, the project previously known as Worldcoin, in the country. Given the risks associated with processing biometric data, the authority has requested information on the tasks performed by the company. World Faces […] Source: https://news.bitcoin.com/brazilian-data-protection-agency-reveals-investigation-into-iris-scanning-world-project/
BoA CEO says banks eager to enter crypto if regulators allow
Brian Moynihan believes financial institutions would gladly facilitate cryptocurrency payments if clearer regulations around their use were established. Source: https://cointelegraph.com/news/bank-america-ceo-banks-crypto-adoption-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound