Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high. Source: https://cointelegraph.com/news/price-analysis-1-06-spx-dxy-btc-eth-xrp-bnb-sol-doge-ada-avax?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category: News
Why This Exec Says Bitcoin Is the ‘Most Reliable Monetary System’
There’s a strong case to be made for claiming that Bitcoin is the “most reliable monetary system,” according to Riot Platforms executive Pierre Rochard. In a Jan. 5 tweet, Rochard, vice president of research at the crypto mining firm, claimed that “Bitcoin is engineered to be the most reliable monetary system in the world for savings and payments.” His statement…
Bitcoin ‘debasement trade’ is here to stay: JPMorgan
Investors are boosting Bitcoin allocations as a hedge against geopolitical uncertainty, the bank said. Source: https://cointelegraph.com/news/bitcoin-debasement-trade-jpmorgan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dogecoin to a Dollar? Galaxy Predicts Meme Milestone as DOGE Continues Surge
Dogecoin investors famously called for the original meme coin to surge to the price of $1 back when it skyrocketed in price in 2021, but DOGE fell short then, topping out just above $0.73 before plummeting. But now with Dogecoin back on the rise and surging in the new year, notable crypto firm Galaxy Digital is calling for DOGE to…
Crypto Market Reached Record High of $3.91 Trillion in 2024, According to Binance Research
The crypto market surged to record levels in 2024, driven by institutional adoption, resulting in a new all-time high for bitcoin. Historic Market Cap for Cryptocurrencies The cryptocurrency market reached a significant market cap of $3.91 trillion in December 2024. Bitcoin‘s recent all-time high of $108,364, institutional acceptance through key BTC acquisitions, and increasing regulatory […] Source: https://news.bitcoin.com/crypto-market-reached-record-high-of-3-91-trillion-in-2024-according-to-binance-research/
Bybit x Block Scholes Report: BTC Options Steady with Call-Put Parity, ETH Braces for Short-Term Volatility
DUBAI, UAE, Jan. 3, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest crypto derivatives analytics report in collaboration with Block Scholes. The report sheds light on key trends in open interest and market behavior during the significant year-end options expiration for Bitcoin (BTC) and Ethereum (ETH). Key highlights: Open Interest Solid Amid Year-End…
Crypto bull market entering final stage: CryptoQuant
Digital asset prices may still see substantial gains before the market corrects, the analyst said. Source: https://cointelegraph.com/news/bull-market-final-stage-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Taps $100K: QCP Capital Warns of Tough Resistance Ahead
Bitcoin (BTC) commenced the week with an optimistic uptick, tapping the $100,000 milestone, as per insights from QCP Capital. The digital currency encounters formidable opposition at this juncture, an area once characterized by intense selling pressure in December. From Volatility to Stability: BTC Hits $100K Milestone, QCP Weighs In On Monday, QCP Capital indicated that […] Source: https://news.bitcoin.com/bitcoin-edges-closer-to-100k-qcp-capital-warns-of-tough-resistance-ahead/
Polymarket users bet on Canadian PM resigning amid reports he steps back
Many news outlets are reporting that Canadian Prime Minister Justin Trudeau could announce his resignation at a Jan. 6 press conference. Source: https://cointelegraph.com/news/polymarket-justin-trudeau-canada-step-down?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BTC price tops $101K as MicroStrategy makes first Bitcoin buy of 2025
Bitcoin wastes no time at the Wall Street open as daily BTC price gains pass 3% while reclaiming the $100,000 mark. Source: https://cointelegraph.com/news/btc-price-tops-101k-microstrategy-buy-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound