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Ethereum Bulls Eye $20K Despite Recent Slump and Supply Inflation

Ethereum Bulls Eye $20K Despite Recent Slump and Supply Inflation

Ethereum prices are back in the doldrums after slumping more than 11% over the past week. The network is also facing inflationary pressures as the ETH supply returns to pre-merge levels due to low demand.Nevertheless, the Ether bulls remained upbeat and confident that this year will see anew all-tim…

Bitcoin traders share their ‘PvP’ views on BTC’s recent price weakness

Bitcoin traders share their ‘PvP’ views on BTC’s recent price weakness

Bitcoin’s price whipsaws were the dominant feature on display over the past week as crypto and equities markets digested newly released US economic data, and a startling uptick in Treasury yields was followed by a sharp correction in BTC (BTC) price, the DOW and S&P 500. Looking beyond the tradition…

US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares

US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares

Establishing a strategic Bitcoin reserve in the United States would accelerate Bitcoin’s adoption even more than 2024’s exchange-traded fund (ETF) launches, cryptocurrency researcher CoinShares said in a Jan. 10 blog post. In 2024, US lawmakers proposed the Bitcoin Act, which would direct the US Tr…

Russia seizes $10M in Bitcoin from ex-official in bribery case

Russia seizes $10M in Bitcoin from ex-official in bribery case

The Russian government confiscated $10 million worth of Bitcoin from a former law enforcement official, according to local reports.Russian court enforcement officers have begun confiscating Bitcoin from a former employee at the Investigative Committee of the Russian Federation (ICRF) in a massive b…

Bitcoin speculators panic sell at $92K in 'good time for accumulation'

Bitcoin speculators panic sell at $92K in 'good time for accumulation'

Bitcoin market indicators are getting a reset as investors nurse 4% weekly BTC price losses.In a Quicktake blog post on Jan. 10, onchain analytics platform CryptoQuant reported a new chance to buy the dip.Onchain data shows Bitcoin moving at a lossBitcoin (BTC) sentiment has taken a hit this month a…

Bitcoin (BTC) Supply Shock Unlikely in 2025: Here’s Why

Bitcoin (BTC) Supply Shock Unlikely in 2025: Here’s Why

With Bitcoin’s increasing presence in traditional financial systems and speculation around a US BTC strategic reserve, some experts foresee a major supply shock during this cycle, potentially disrupting the 4-year cycle theory with extraordinary price growth.However, a new report indicates that such…

China's Central Bank Halts Bond Purchases to Support Yuan

China's Central Bank Halts Bond Purchases to Support Yuan

On Friday, China's central bank took steps to support the yuan, which has been losing ground, with its depreciation being viewed as a potential tailwind for bitcoin .The People's Bank of China announced that it will stop purchasing government bonds this month as their demand now overshadows the supp…

Crypto headed for ‘Banana Singularity’ where everything goes up: Analyst

Crypto headed for ‘Banana Singularity’ where everything goes up: Analyst

Crypto markets are heading into a “Banana Singularity” zone, or a period “when everything goes up,” according to Real Vision co-founder and CEO Raoul Pal.The “Banana Zone” is a term coined by Pal to describe a period of significant upward price movement.“Yes, we are still in the Banana Zone,” macro …

Bitcoin May Rally In Q1 2025 Driven By US Fed’s Money Printing, Predicts Arthur Hayes

Bitcoin May Rally In Q1 2025 Driven By US Fed’s Money Printing, Predicts Arthur Hayes

In a recent blog post, serial crypto entrepreneur and commentator Arthur Hayes predicted that fresh liquidity injections into the US economy following President-elect Donald Trump’s inauguration could spur a Bitcoin (BTC) rally in Q1 2025.Money Printing To Propel Bitcoin?Despite surging past $100,00…

Bitcoin Eyes Potential Rebound To $98,600, But Analyst Suggests Caution

Bitcoin Eyes Potential Rebound To $98,600, But Analyst Suggests Caution

The market’s New Year rebound turned into a start-of-year retrace after Bitcoin (BTC) dropped from the recently reclaimed $100,000 support into the $94,000 territory. Amid the drop, an analyst shared his “cautiously bullish” outlook for BTC’s price.Bitcoin Risks Crash To $74,000On Tuesday, Bitcoin d…

Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce

Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce

Bitcoin erased all its early-2025 rise on Wednesday as macro jitters and the global bond rout accelerated the sell-off in crypto prices.The largest crypto slipped to a session low of $92,600 during U.S. trading hours, shedding nearly 10% in two days from its Monday peak above $102,000. It has recov…

Less Than 1% Of Bitcoin Investors In Loss After BTC Reclaims $100,000

Less Than 1% Of Bitcoin Investors In Loss After BTC Reclaims $100,000

On-chain data shows less than 1% of all Bitcoin holders are still in loss following the surge in the asset’s price above the $100,000 level.Very Few Bitcoin Addresses Are Sitting Underwater At Current PriceIn a new post on X, the market intelligence platform IntoTheBlock has discussed about the prof…