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Recent Pi Network (PI) Updates, Shiba Inu (SHIB) Warning, and More: Bits Recap Jan 7

Recent Pi Network (PI) Updates, Shiba Inu (SHIB) Warning, and More: Bits Recap Jan 7

TL;DRPi Network’s Latest ProgressThe controversial cryptocurrency project Pi Network saw the light of day in 2019. While it has witnessed multiple developments since then, the launch of its fully operational blockchain and native token has yet to be seen.The team has previously stated that the first…

Bitcoin Mining Giant Marathon Has Lent Out $730M in BTC

Bitcoin Mining Giant Marathon Has Lent Out $730M in BTC

The world’s second-largest corporate holder of Bitcoin, MARA, also known as Marathon Digital Holdings, has lent out around 16% of its treasury.In a production and mining operation update released on Jan. 3, the firm revealed that 7,377 BTC, worth around $730 million at current prices, has been “temp…

Bitcoin Price Skyrockets Above $100K as MicroStrategy Announces Latest Purchase

Bitcoin Price Skyrockets Above $100K as MicroStrategy Announces Latest Purchase

It has taken roughly three weeks for bitcoin to come out of the woods, skyrocket past $100,000, and tap a yearly peak of over $101,000.This came after the most recent MicroStrategy purchase, which is sort of unexpected given the developments after the previous such occasions.CryptoPotatoreportedlast…

Here’s What ETH Has to Do to Tap $4K Again: Ethereum Price Analysis

Here’s What ETH Has to Do to Tap $4K Again: Ethereum Price Analysis

Ethereum’s price is finally showing signs of bullish continuation after reclaiming a key level.However, there is still work to do for the market to pave its way toward a new all-time high.Technical AnalysisBy Edris Derakhshi (TradingRage)The Daily ChartOn the daily chart, the price has rebounded fro…

Cardano Price Analysis: Bullish Signs for ADA Following 30% Weekly Surge

Cardano Price Analysis: Bullish Signs for ADA Following 30% Weekly Surge

Cardano has been one of the coins to watch during the recent bull run and is currently showing promising signs of continuing higher.By Edris Derakhshi (TradingRage)The USDT Paired ChartThe ADA/USDT’s daily chart demonstrates interesting price action. The asset has been declining gradually since gett…

Bitcoin Price Taps $99K, Avalanche Jumps 4% Daily (Market Watch)

Bitcoin Price Taps $99K, Avalanche Jumps 4% Daily (Market Watch)

Bitcoin maintained its Friday and weekend gains and even jumped to a multi-week peak of almost $100,000 before it was stopped once again and pushed south by nearly a grand.Most altcoins are quite sluggish on a daily scale as well, with ETH remaining above $3,600 and SOL standing above $210.BTC Came …

Is Bitcoin About to Explode Above $100K Soon? (BTC Price Analysis)

Is Bitcoin About to Explode Above $100K Soon? (BTC Price Analysis)

Bitcoin has continued to receive substantial support around the $90K level, sparking a slight recovery.However, the prevailing bullish momentum appears insufficient to trigger a fresh rally toward a new all-time high, suggesting the likelihood of consolidation within this area in the short term.Tech…

Arthur Hayes: China Interest Rate ‘Bazooka’ Will Goose Bitcoin Prices

Arthur Hayes: China Interest Rate ‘Bazooka’ Will Goose Bitcoin Prices

At its fourth quarter meeting on Dec. 27, the People’s Bank of China committee (POBC) proposed a more dovish (low interest rate) policy going forward.At the same time, the US Fed has different plans.China Announces Interest Rate CutFinancial analysts expect the bank to make adjustments to the target…

Bitcoin’s (BTC) Bull Market Remains Intact Amid Temporary Slowdown: CQ

Bitcoin’s (BTC) Bull Market Remains Intact Amid Temporary Slowdown: CQ

Crypto assets declined as 2024 came to a close. Bitcoin’s post-election surge to over $100,000 had lost momentum. Entering 2025, the asset touched $97,000 but soon pulled back slightly.However, the latest CryptoQuant analysis hints that BTC is still in the midst of a bull market. The current phase h…

BlackRock’s IBIT Sees Largest Daily Outflow as Spot Bitcoin ETFs Bleed

BlackRock’s IBIT Sees Largest Daily Outflow as Spot Bitcoin ETFs Bleed

The United States spot Bitcoin exchange-traded funds (ETFs) market is bleeding heavily as investors withdraw their funds amid BTC’s lack of price momentum. This string of withdrawals has resulted in the BlackRock iShares Bitcoin Trust (IBIT) recording its largest daily outflow since its inception al…

Bitcoin Price Analysis: BTC Seems Ready to Challenge $100K Again After Bottoming at $91K

Bitcoin Price Analysis: BTC Seems Ready to Challenge $100K Again After Bottoming at $91K

Bitcoin is yet to continue its historic run above the $100K level, but there is some optimism that can be drawn from recent price action.Technical AnalysisBy Edris Derakhshi (TradingRage)The Daily ChartOn the daily chart, the asset has been struggling to climb back above the $100K resistance level a…

Cardano Price Analysis: Can ADA Continue Toward $1.3 After 12% Daily Surge?

Cardano Price Analysis: Can ADA Continue Toward $1.3 After 12% Daily Surge?

Cardano’s price action closely follows Bitcoin’s, as the market has been rising higher after weeks of consolidation.Meanwhile, ADA is seemingly bound even to outperform BTC in the short term, as technical analysis suggests.By Edris Derakhshi (TradingRage)The USDT Paired ChartThe BTC/USDT chart demon…