Stablecoins’ role as the lifeblood of crypto trading and DeFi outweighs their use case for savings and remittance, CEX.io’s lead analyst said. Source link
Month: January 2025
Be A Bitcoin Bridge
Follow Frank on X. Often, when I speak with everyday Bitcoiners — plebs, if you will — they share with me that they’re torn between carrying on with their “fiat job” and getting more involved in the Bitcoin space on a professional level. I usually tell them that they can start by incorporating Bitcoin into what they currently do for a living, though, I haven’t had a great example of someone doing this that I can point them to — until this morning. When it’s time for the clients of…
How to Take Profits at Bitcoin Cycle Peaks
Discussing when and how to sell Bitcoin can be controversial, but if you’re planning to take profits this cycle, it’s essential to do it strategically. While holding Bitcoin indefinitely is an option for some, many investors aim to capture gains, cover living expenses, or reinvest at lower prices. Historical trends show that Bitcoin often experiences drawdowns of 70-80%, providing opportunities to reaccumulate at reduced valuations. For a more in-depth look into this topic, check out a recent YouTube video here: Proven Strategy To Sell The Bitcoin Price Peak Why Selling Isn’t…
Purpose Investments seeks approval to launch world’s first spot XRP ETF
Key Takeaways Purpose Investments filed a prospectus to launch the world’s first spot XRP ETF. The ETF aims to provide long-term capital appreciation through direct holdings of XRP. Share this article Purpose Investments, the firm behind the world’s first spot Bitcoin ETF, is looking to expand its digital asset offerings with a proposed spot XRP ETF, the first of its kind, pending regulatory approval. According to a new press release, the Toronto-based fund manager, which oversees over $23 billion in assets, recently filed with Canada’s securities regulator to launch the…
Bitcoin's February momentum hinges on next week's labor market data
Bitcoin’s price remains sensitive to macroeconomic conditions, with analysts eyeing the upcoming US labor report as a key driver for February’s momentum. Source link
Russia reacts to Trump tariff threat: BRICS not seeking a dollar alternative
A potential “BRICS currency” will not be a rival to the US dollar, but rather a tool for mutual investment within the group, Kremlin spokesman Dmitry Peskov said. Source link
Can Bulls Smash Through $0.00001313?
Este artículo también está disponible en español. PEPE bulls are setting their sights on a breakout, but the $0.00001313 resistance level stands as a major obstacle. After a promising recovery attempt and momentum building, buyers must prove their strength to push the price higher. This key level has already acted as a barrier, and another rejection could shift control back to the bears, potentially triggering a fresh downturn. With upside pressure building, a decisive move above $0.00001313 is set to renew bullish dominance, fueling optimism for further gains. However, failure…
Forget the ECB — Czechia Should Embrace Bitcoin on Its Own Terms
The Czech National Bank (CNB) is considering adding Bitcoin to its national reserves, with Governor Aleš Michl proposing to allocate up to 5% of the country’s €140 billion reserves to the cryptocurrency. If approved, this move would make the CNB the first Western central bank to hold Bitcoin. Michl argues that Bitcoin could serve as a diversification tool amid growing global interest in crypto investments, particularly after the introduction of Bitcoin ETFs by major financial institutions like BlackRock. The CNB board has yesterday approved an internal analysis to assess the…
Bitcoin retail sellers send $625M to Binance before 'first cycle top'
Bitcoin whales hold off on major selling, but retail investors appear unwilling to wait for the real bull market gains to hit. Source link
Manchester court sentences 7 for kidnapping, $124K crypto extortion
A UK gang that kidnapped, tortured and extorted a man for his cryptocurrency has been sentenced at Manchester Crown Court. Source link