Bitwise’s Matt Hougan said crypto wouldn’t “fully overcome” a four-year cycle but said market pullbacks would be “shorter and shallower” than before. Source link
Month: January 2025
Bitcoin Price Displays Bullish Signs: A Recovery In The Making?
Bitcoin price started a fresh upward move above $102,000. BTC is rising and might gain pace for a move above the $105,000 resistance zone. Bitcoin started a decent upward move above the $102,000 zone. The price is trading above $103,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $102,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it stays below the $105,000 zone. Bitcoin Price Breaks Resistance…
Tesla reports $600M Bitcoin gain in Q4 using new accounting rule
Tesla has used a new crypto accounting rule to book a nearly $600 million net gain on its Bitcoin holdings in the fourth quarter of 2024. Source link
Riot Platforms again eyed for change by activist investor: Report
Investment firm D.E. Shaw has built a stake in Riot Platforms and is pushing the Bitcoin miner to change, Reuters reports. Source link
Solana ‘drinking the Ethereum milkshake’ as DEX market share rises: OKX
Solana has captured around half — and sometimes nearly all — of the DEX volume in the last five weeks, and OKX says it’s extending its dominance over Ethereum. Source link
Texas Lt. Governor announces ‘Bitcoin Reserve’ as priority bill for 2025
Texas Lieutenant Governor Dan Patrick revealed that establishing a Bitcoin reserve in the state will be among 2025’s legislative priorities. Source link
Trump may tighten restrictions on Nvidia sales to China — Report
The Trump administration must balance national security concerns with promises to keep US companies dominant in global markets. Source link
Ethereum price will stick below $3.5K until these 3 things happen
It will take more than Ethereum’s upcoming Pectra upgrade to turn ETH price around. Cointelegraph explains why. Source link
Fed chair calls for Congress to move on crypto ’regulatory apparatus’
Jerome Powell said that banks were “perfectly able to serve crypto customers“ and suggested that lawmakers should act to address the potential risks to households. Source link
Robinhood hints at Bitcoin futures launch
Robinhood’s BTC futures product will face competition from rivals like the CME Group and Coinbase Derivatives Exchange. Source link